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Vanguard 2024-2025: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Vanguard voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

6,072 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

Vanguard, 2024-2025 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedVanguard votedFunds
ORACLE CORP JAPAN August 23, 2024 Elect Director Vincent S. Grelli Director Elections Board AGAINST 7
PATRIZIA SE June 4, 2025 Elect Asoka Woehrmann to the Board of Directors Director Elections Board AGAINST 7
PATRIZIA SE June 4, 2025 Elect Wolfgang Egger to the Board of Directors Director Elections Board AGAINST 7
PIONEER BANCORP INC. November 19, 2024 Election of Directors: Shaun Mahoney Director Elections Board WITHHOLD 7
PRECIGEN INC. July 5, 2024 Company Proposal - Election of Directors: Steven Frank Director Elections Board AGAINST 7
PYXIS ONCOLOGY INC. October 23, 2024 Approval of an increase in the number of shares of our common stock available for issuance under our 2021 Equity and Incentive Plan by 5,500,000 shares. Compensation Board AGAINST 7
REPOSITRAK INC. November 20, 2024 Election of Directors: Peter J. Larkin Director Elections Board WITHHOLD 7
RUMBLEON INC. June 4, 2025 Election of Directors: Mark Cohen Director Elections Board WITHHOLD 7
RUMBLEON INC. June 4, 2025 Election of Directors: Rebecca Polak Director Elections Board WITHHOLD 7
RUMBLEON INC. June 4, 2025 To approve an amendment to the RumbleOn, Inc. 2017 Stock Incentive Plan to, among other things, (i) increase the number of shares of Class B Common Stock authorized for issuance under the Plan, (ii) eliminate certain annual grant limits (iii) permit the Board to add up to 5% of the shares of Common Stock outstanding to the Plan each year without shareholder approval and (iv) add back to the shares of Common Stock available under the Plan shares underlying awards that are not ultimately issued, including shares withheld for taxes. Compensation Board AGAINST 7
SEB SA May 20, 2025 Approve Compensation of Thierry de La Tour d Artaise, Chairman of the Board Compensation Board AGAINST 7
SEMLER SCIENTIFIC INC. October 4, 2024 Proposal 3 - Approve the Semler Scientific, Inc. 2024 Stock Option and Incentive Plan. Compensation Board AGAINST 7
SKYE BIOSCIENCE INC. October 22, 2024 To approve the Amended and Restated Omnibus Incentive Plan (the "Amended and Restated Plan"), to, among other things, increase the number of shares available for issuance under the Amended and Restated Plan by 1,535,655 shares. Compensation Board AGAINST 7
SOFTBANK CORP. June 26, 2025 Appoint Statutory Auditor Timothy Mackey Compensation Board AGAINST 7
SUMITOMO MITSUI FINANCIAL GROUP INC. June 27, 2025 Elect Director Nakashima, Toru Director Elections Board AGAINST 7
SUMITOMO MITSUI FINANCIAL GROUP INC. June 27, 2025 Elect Director Takashima, Makoto Director Elections Board AGAINST 7
SUMITOMO MITSUI FINANCIAL GROUP INC. June 27, 2025 Elect Director Teshirogi, Isao Director Elections Board AGAINST 7
SUMITOMO REALTY & DEVELOPMENT CO. LTD. June 27, 2025 Elect Director Nishima, Kojun Director Elections Board AGAINST 7
TAYLOR DEVICES INC. October 25, 2024 Election of one Class I Director for a three year term to expire in 2027: F. Eric Armenat Director Elections Board WITHHOLD 7
TAYLOR DEVICES INC. October 25, 2024 Election of one Class I Director for a three year term to expire in 2027: John Burgess Director Elections Board WITHHOLD 7
TELENOR ASA May 21, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 7
TELENOR ASA May 21, 2025 Approve Remuneration Statement Compensation Board AGAINST 7
TELLURIAN INC. October 3, 2024 To approve, on a nonbinding advisory basis, compensation that will or may become payable to our named executive officers in connection with the merger. Say-on-Pay Board (inferred) AGAINST 7
TEMPUS AI INC. May 20, 2025 To approve the reincorporation of the Company from the State of Delaware to the State of Nevada by conversion. Extraordinary Transactions Board AGAINST 7
TOKYU FUDOSAN HOLDINGS CORP. June 26, 2025 Appoint Statutory Auditor Enokido, Akiko Compensation Board AGAINST 7
TOKYU FUDOSAN HOLDINGS CORP. June 26, 2025 Appoint Statutory Auditor Kanematsu, Masaoki Compensation Board AGAINST 7
UTAH MEDICAL PRODUCTS INC. May 2, 2025 To elect one director to serve a term expiring at the 2028 Annual Meeting and until a successor is elected and qualified: Carrie Leigh Director Elections Board WITHHOLD 7
VGP SA May 9, 2025 Approve Remuneration Report Compensation Board AGAINST 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: John J. Sumas Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: John P. Sumas Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Kevin Begley Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Nicholas Sumas Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Perry Blatt Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Prasad Pola Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Robert Sumas Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Stephen F. Rooney Director Elections Board WITHHOLD 7
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Steven Crystal Director Elections Board WITHHOLD 7
WIHLBORGS FASTIGHETER AB April 29, 2025 Reelect Anders Jarl (Chair) as Director Director Elections Board AGAINST 7
WIHLBORGS FASTIGHETER AB April 29, 2025 Reelect Jan Litborn as Director Director Elections Board AGAINST 7
WIHLBORGS FASTIGHETER AB April 29, 2025 Reelect Lennart Mauritzon as Director Director Elections Board AGAINST 7
WILMAR INTERNATIONAL LTD. April 22, 2025 Approve Grant of Options and Issuance of Shares Under the Wilmar Executives Share Option Scheme 2019 Compensation Board AGAINST 7
YAMADA HOLDINGS CO. LTD. June 27, 2025 Elect Director Ueno, Yoshinori Director Elections Board AGAINST 7
ZYNEX INC. May 15, 2025 Election of Directors: Barry D. Michaels Director Elections Board WITHHOLD 7
ZYNEX INC. May 15, 2025 Election of Directors: Joshua R. Disbrow Director Elections Board WITHHOLD 7
ZYNEX INC. May 15, 2025 Election of Directors: Michael Cress Director Elections Board WITHHOLD 7
1&1 AG May 14, 2025 Approve Remuneration Policy Compensation Board AGAINST 6
1&1 AG May 14, 2025 Approve Remuneration Report Compensation Board AGAINST 6
ABACUS GROUP November 20, 2024 Approve Grant of Replacement Rights to Steven Sewell Compensation Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Elect Ayshah Al Hallami as Director Director Elections Board ABSTAIN 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Elect Zayid Al Nahayan as Director Director Elections Board ABSTAIN 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Ahmed Al Mazrouee as Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Carlos Obeed as Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Fatimah Al Naeemi as Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Khaldoun Al Mubarak as Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Khalid Al Suweedi as Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Ratify the Appointment of Saeed Al Mazrouee as Director Director Elections Board AGAINST 6
ACCIONA SA June 25, 2025 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
ACCIONA SA June 25, 2025 Approve Remuneration Policy Compensation Board AGAINST 6
ADESSO SE June 3, 2025 Elect Christoph Junge to the Supervisory Board Director Elections Board AGAINST 6
ADESSO SE June 3, 2025 Elect Rainer Rudolf to the Supervisory Board Director Elections Board AGAINST 6
ADESSO SE June 3, 2025 Elect Volker Gruhn to the Supervisory Board Director Elections Board AGAINST 6
ADVERUM BIOTECHNOLOGIES INC. June 17, 2025 To approve the amendment of certain outstanding stock options to reduce the exercise price per share to the closing price on the date of repricing. Compensation Board AGAINST 6
AEON FINANCIAL SERVICE CO. LTD. May 23, 2025 Elect Director Shirakawa, Shunsuke Director Elections Board AGAINST 6
AEON MALL CO. LTD. May 22, 2025 Elect Director Ono, Keiji Director Elections Board AGAINST 6
AEROVATE THERAPEUTICS INC. April 16, 2025 To approve the Jade Biosciences, Inc. 2025 Stock Incentive Plan (the "Stock Plan Proposal" or "Proposal No. 5"); Compensation Board AGAINST 6
AEROVATE THERAPEUTICS INC. April 16, 2025 To approve the redomestication of Aerovate from the State of Delaware to the State of Nevada by conversion (the "Redomestication Proposal" or "Proposal No. 4"); Extraordinary Transactions Board AGAINST 6
AISIN CORP. June 17, 2025 Appoint Statutory Auditor Kato, Kiyomi Compensation Board AGAINST 6
AISIN CORP. June 17, 2025 Appoint Statutory Auditor Mitsuya, Makoto Compensation Board AGAINST 6
AKBANK TAS March 24, 2025 Approve Director Remuneration Compensation Board AGAINST 6
AKBANK TAS March 24, 2025 Elect Directors Director Elections Board AGAINST 6
AKER ASA April 30, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 6
AKER ASA April 30, 2025 Approve Remuneration Statement (Advisory) Compensation Board AGAINST 6
ALDAR PROPERTIES PJSC March 19, 2025 Approve Remuneration of Directors for FY 2024 Compensation Board AGAINST 6
ALDAR PROPERTIES PJSC March 19, 2025 Elect Directors Director Elections Board AGAINST 6
ALK-ABELLO A/S March 13, 2025 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 6
ALLREAL HOLDING AG April 25, 2025 Reappoint Andrea Sieber as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 6
ALLREAL HOLDING AG April 25, 2025 Reappoint Peter Spuhler as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 6
ALLREAL HOLDING AG April 25, 2025 Reelect Andrea Sieber as Director Director Elections Board AGAINST 6
ALLREAL HOLDING AG April 25, 2025 Reelect Peter Spuhler as Director Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Approve Remuneration of Directors in the Amount of CHF 4 Million Compensation Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Approve Variable Remuneration of Executive Committee in the Amount of EUR 20 Million Compensation Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reappoint Frank Tanski as Member of the Compensation Committee Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reappoint Peter Athanas as Member of the Compensation Committee Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reappoint Walter Droege as Member of the Compensation Committee Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reelect Frank Tanski as Director Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reelect Peter Athanas as Director Director Elections Board AGAINST 6
ALSO HOLDING AG March 19, 2025 Reelect Walter Droege as Director Director Elections Board AGAINST 6
ALTAREA SCA June 5, 2025 Approve Issuance of Warrants (BSA, BSAANE, BSAAR) Without Preemptive Rights Reserved for Corporate Officers, Executives and Key Employees, up to Aggregate Nominal Amount of EUR 10 Million Compensation Board AGAINST 6
ALTAREA SCA June 5, 2025 Authorize up to 350,000 Shares for Use in Stock Option Plans Compensation Board AGAINST 6
AMANO CORP. June 27, 2025 Appoint Statutory Auditor Ihara, Kunihiro Compensation Board AGAINST 6
AMANO CORP. June 27, 2025 Elect Director Yamazaki, Manabu Director Elections Board AGAINST 6
AMER SPORTS INC. May 8, 2025 Elect Director Shizhong Ding Director Elections Board AGAINST 6
AMER SPORTS INC. May 8, 2025 Elect Director Tak Yan (Dennis) Tao Director Elections Board AGAINST 6
AMERICA MOVIL SAB DE CV May 14, 2025 Approve Consolidated Financial Statements, Allocation of Income and Dividends Capital Structure Board AGAINST 6
ANA HOLDINGS INC. June 27, 2025 Elect Director Shibata, Koji Director Elections Board AGAINST 6
ANHEUSER-BUSCH INBEV SA/NV April 30, 2025 Approve Remuneration Report Compensation Board AGAINST 6
ANHEUSER-BUSCH INBEV SA/NV April 30, 2025 Reelect Alejandro Santo Domingo as Restricted Share Director Director Elections Board AGAINST 6
ANHEUSER-BUSCH INBEV SA/NV April 30, 2025 Reelect Martin J. Barrington as Restricted Share Director Director Elections Board AGAINST 6
ANHEUSER-BUSCH INBEV SA/NV April 30, 2025 Reelect Salvatore Mancuso as Restricted Share Director Director Elections Board AGAINST 6

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Built November 1, 2026 from SEC Form N-PX filings.