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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

6,065 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
YOUNGOR FASHION CO. LTD. May 16, 2025 Approve Shareholder Return Plan Capital Structure Board AGAINST 7
ZEON CORP. June 27, 2025 Appoint Statutory Auditor Hirakawa, Hiroyuki Compensation Board AGAINST 7
ZHUHAI HUAFA PROPERTIES CO. LTD. October 30, 2024 Approve Provision of Guarantee by Controlling Shareholder and Subsidiary to the Company, Provision of Counter Guarantee by the Company and Related Party Transactions Capital Structure Board AGAINST 7
ZHUHAI HUAFA PROPERTIES CO. LTD. April 7, 2025 Approve Authorization of Company Management to Carry Out External Investment Extraordinary Transactions Board AGAINST 7
ZHUHAI HUAFA PROPERTIES CO. LTD. April 7, 2025 Approve Financing Guarantee and Counter Guarantee Provision and Related Party Transactions Capital Structure Board AGAINST 7
ZHUHAI HUAFA PROPERTIES CO. LTD. April 7, 2025 Approve Guarantee Plan Capital Structure 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
A.P. MOLLER-MAERSK A/S March 18, 2025 Reelect Marc Engel as Director Director Elections Board ABSTAIN 6
ABALANCE CORP. February 21, 2025 Approve Stock Option Plan Compensation Board AGAINST 6
ABC-MART INC. May 27, 2025 Elect Director Noguchi, Minoru Director Elections Board AGAINST 6
ABL BIO INC. March 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
ABLE C&C CO. LTD. March 31, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
ABLE C&C CO. LTD. March 31, 2025 Elect Kim Jeong-gyun as Non-Independent Non-Executive Director Director Elections Board AGAINST 6
ABLE C&C CO. LTD. March 31, 2025 Elect Song In-jun as Non-Independent Non-Executive Director Director Elections Board AGAINST 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Elect Huseen Al Nuwees as Director Director Elections Board ABSTAIN 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Elect Khalid Khouri as Director Director Elections Board ABSTAIN 6
ABU DHABI COMMERCIAL BANK February 27, 2025 Elect Sultan Al Dhahiri as Director Director Elections Board ABSTAIN 6
ABU DHABI ISLAMIC BANK March 10, 2025 Elect Board of Directors for the Next Three Years Director Elections Board AGAINST 6
ACCENT GROUP LTD. November 21, 2024 Approve Variations to the Tranche 6 Performance Rights Compensation Board AGAINST 6
ACCENT GROUP LTD. November 21, 2024 Approve Variations to the Tranche 7 Performance Rights Compensation Board AGAINST 6
ACCOR SA May 28, 2025 Reelect Qionger Jiang as Director Director Elections Board AGAINST 6
ACHILLES CORP. June 27, 2025 Elect Director Hikage, Ichiro Director Elections Board AGAINST 6
ACKERMANS & VAN HAAREN NV May 26, 2025 Reelect Frederic van Haaren as Director Director Elections Board AGAINST 6
ACKERMANS & VAN HAAREN NV May 26, 2025 Reelect Jacques Delen as Director Director Elections Board AGAINST 6
ACKERMANS & VAN HAAREN NV May 26, 2025 Reelect Luc Bertrand as Director Director Elections Board AGAINST 6
ADDLIFE AB May 8, 2025 Approve Remuneration Report Compensation Board AGAINST 6
ADDLIFE AB May 8, 2025 Reelect Eva Nilsagard as Director Director Elections Board AGAINST 6
ADDNODE GROUP AB May 7, 2025 Reelect Staffan Hanstorp as Board Chair Director Elections Board AGAINST 6
ADDNODE GROUP AB May 7, 2025 Reelect Staffan Hanstorp as Director Director Elections Board AGAINST 6
ADDTECH AB August 22, 2024 Elect Malin Nordesjo as Board Chair Director Elections Board AGAINST 6
ADDTECH AB August 22, 2024 Reelect Henrik Hedelius as Director Director Elections Board AGAINST 6
ADDTECH AB August 22, 2024 Reelect Malin Nordesjo as Director Director Elections Board AGAINST 6
ADMIE HOLDINGS (IPTO) SA July 3, 2024 Approve Remuneration Policy Compensation Board AGAINST 6
ADTRAN NETWORKS SE June 27, 2025 Approve Remuneration Report Compensation Board AGAINST 6
ADVAN GROUP CO. LTD. June 27, 2025 Appoint Statutory Auditor Koga, Masayuki Compensation Board AGAINST 6
ADVANCED NANO PRODUCTS CO. LTD. March 31, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
ADVANCED PROCESS SYSTEMS CORP. March 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation 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
AEGEAN AIRLINES SA April 29, 2025 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
AEGEAN AIRLINES SA April 29, 2025 Approve Share Plan Grant Compensation Board AGAINST 6
AEKYUNG INDUSTRIAL CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
AEON CO. LTD. May 28, 2025 Elect Director Okada, Motoya Director Elections Board AGAINST 6
AEON CO. LTD. May 28, 2025 Elect Director Tsukamoto, Takashi Director Elections Board AGAINST 6
AEON DELIGHT CO. LTD. May 16, 2025 Elect Director Hamada, Kazumasa Director Elections Board AGAINST 6
AEON FANTASY CO. LTD. May 21, 2025 Elect Director Fujiwara, Nobuyuki 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
AGRANA BETEILIGUNGS-AG July 5, 2024 Approve Remuneration Report Compensation Board AGAINST 6
AGUAS ANDINAS SA April 16, 2025 Elect Directors Director Elections Board AGAINST 6
AICHI STEEL CORP. June 18, 2025 Appoint Statutory Auditor Yokota, Hirofumi Compensation Board AGAINST 6
AICHI STEEL CORP. June 18, 2025 Elect Director Fujioka, Takahiro Director Elections Board AGAINST 6
AIFUL CORP. June 24, 2025 Elect Director Fukuda, Mitsuhide Director Elections Board AGAINST 6
AIR ARABIA PJSC March 17, 2025 Approve Remuneration of Directors for FY 2024 Compensation Board AGAINST 6
AIR FRANCE-KLM SA June 4, 2025 Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind Capital Structure Board AGAINST 6
AISAN INDUSTRY CO. LTD. June 13, 2025 Appoint Statutory Auditor Nakamura, Hideaki Compensation Board AGAINST 6
AISAN INDUSTRY CO. LTD. June 13, 2025 Appoint Statutory Auditor Nishimatsu, Makoto Compensation Board AGAINST 6
AIZAWA SECURITIES GROUP CO. LTD. June 26, 2025 Elect Director Aizawa, Takuya Director Elections Board AGAINST 6
AIZAWA SECURITIES GROUP CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Niijima, Naoi Director Elections Board AGAINST 6
AIZAWA SECURITIES GROUP CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Seike, Maki Director Elections Board AGAINST 6
AKER BP ASA May 13, 2025 Approve Remuneration Statement Compensation Board AGAINST 6
AKIS GAYRIMENKUL YATIRIM ORTAKLIGI AS April 22, 2025 Approve Director Remuneration Compensation Board AGAINST 6
ALERION CLEANPOWER SPA April 15, 2025 Approve Remuneration Policy Compensation Board AGAINST 6
ALERION CLEANPOWER SPA April 15, 2025 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
ALIOR BANK SA June 16, 2025 Approve Remuneration Report Compensation Board AGAINST 6
ALKANE RESOURCES LTD. November 26, 2024 Elect Anthony Lethlean as Director Director Elections Board AGAINST 6
ALLFUNDS GROUP PLC May 7, 2025 Reelect Johannes Korp as Non-Executive Director Director Elections Board AGAINST 6
ALLOS SA October 31, 2024 Ratify Marcos Haertel Vieira Lopes de Oliveira as Director Director Elections Board AGAINST 6
ALLOS SA April 29, 2025 Elect Jose Manuel Baeta Tomas as Fiscal Council Member and Joaquim Santos Neto as Alternate Compensation Board ABSTAIN 6
ALLOS SA April 29, 2025 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Carla Schmitzberger as Independent Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Fernando Maria Guedes Machado Antunes de Oliveira as Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Luiz Alves Paes de Barros as Independent Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Marcos Haertel Vieira Lopes de Oliveira as Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Marilia Artimonte Rocca as Independent Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Peter Ballon as Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Renato Feitosa Rique as Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Roberto Diniz Junqueira Neto as Independent Director Director Elections Board ABSTAIN 6
ALLOS SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Volker Kraft as Director Director Elections Board ABSTAIN 6
ALPEN CO. LTD. September 26, 2024 Elect Director Mizuno, Atsushi Director Elections Board AGAINST 6
ALPEN CO. LTD. September 26, 2024 Elect Director and Audit Committee Member Mizumaki, Yasuhiko Director Elections Board AGAINST 6
ALPHA HPA LTD. November 27, 2024 Elect Norman Seckold as Director Director Elections Board AGAINST 6
ALPHA HPA LTD. November 27, 2024 Elect Regan Crooks as Director Director Elections Board AGAINST 6
ALS LTD. July 31, 2024 Approve the Spill Resolution Compensation Board AGAINST 6
ALTEOGEN INC. March 31, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
AMBU A/S December 4, 2024 Approve Remuneration Report Compensation Board AGAINST 6
AMOT INVESTMENTS LTD. August 15, 2024 Reappoint Brightman Almagor Zohar & Co as Auditors and Report on Fees Paid to the Auditor Audit-related Board AGAINST 6
AMOT INVESTMENTS LTD. September 17, 2024 Approve Employment Terms of Shimon Abudraham, CEO Compensation Board AGAINST 6
AMOT INVESTMENTS LTD. September 17, 2024 Approve Updated Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 6
AMPLIFON SPA April 23, 2025 Approve Remuneration Policy Compensation Board AGAINST 6
AMPLIFON SPA April 23, 2025 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
ANA HOLDINGS INC. June 27, 2025 Elect Director Shibata, Koji Director Elections Board AGAINST 6
ANADOLU ISUZU OTOMOTIV SANAYI VE TICARET AS April 17, 2025 Elect Directors and Approve Their Remuneration Director Elections Board AGAINST 6
ANGLO AMERICAN PLATINUM LTD. May 8, 2025 Approve Remuneration Policy Compensation Board AGAINST 6
ANTIN INFRASTRUCTURE PARTNERS SA June 11, 2025 Reelect Dagmar Valcarcel as Director Director Elections Board AGAINST 6
ANTOFAGASTA PLC May 8, 2025 Re-elect Andronico Luksic as Director Director Elections Board AGAINST 6
AOKI HOLDINGS INC. June 27, 2025 Elect Director Aoki, Akihiro Director Elections Board AGAINST 6

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Built November 7, 2026 from SEC Form N-PX filings.