Home › Companies › BANK OF MONTREAL › 2023-2024

BANK OF MONTREAL 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

41Reported items
300Asset managers
3,470Fund votes
2024-04-16Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore BANK OF MONTREAL in the interactive database Compare manager voting policies

How asset managers voted at the BANK OF MONTREAL 2023-2024 meeting

Each item below shows how the 300 asset managers that disclosed a BANK OF MONTREAL vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BANK OF MONTREAL’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote on the Bank's Approach to Executive Compensation

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.4% fund support · no official result

FOR 99.4%

The 224 asset managers below cast 99.4% of the shares they voted on this item FOR (27,375,117 for, 160,416 against).

FOR: 27,375,117 (99.4%)AGAINST: 160,416 (0.6%)ABSTAIN: 800 (0.0%)UNKNOWN: 37 (0.0%)

Largest asset managers voting on “Advisory vote on the Bank's Approach to Executive Compensation” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
1832 Asset Management L.P.	6,996,693	0	For
SCOTIA CAPITAL INC.	4,238,730	0	For
Fiera Capital Corp	3,173,937	0	For
JPMorgan	2,495,864	0	For
Goldman Sachs	2,222,026	0	For
Northern Trust	1,625,186	12,069	For
LETKO, BROSSEAU & ASSOCIATES INC	1,491,152	0	For
Cardinal Capital Management, Inc.	1,243,443	0	For
Value Partners Investments Inc.	708,130	0	For
Korea Investment CORP	529,003	0	For
JARISLOWSKY, FRASER Ltd	514,792	2,137	For
AGF MANAGEMENT LTD	262,473	0	For
Rempart Asset Management Inc.	222,893	0	For
BANK OF NOVA SCOTIA	210,000	0	For
PINNACLE FINANCIAL PARTNERS INC	173,217	0	For
Onex Canada Asset Management Inc.	153,968	0	For
K.J. Harrison & Partners Inc	148,372	0	For
John Hancock	24,963	99,437	Against
Northwest Bancshares, Inc.	71,309	0	For
Azimuth Capital Investment Management LLC	56,935	0	For
Beacon Pointe Advisors, LLC	53,482	0	For
First National Bank of Mount Dora, Trust Investment Services	48,510	0	For
NATIONAL BANK TRUST INC.	46,713	0	For
Baird	38,634	0	For
Lorne Steinberg Wealth Management Inc.	0	35,818	Against

Showing the 25 largest of 224 asset managers. See all 224 in the interactive database.

2. ELECTION OF DIRECTOR: CHRISTINE A. EDWARDS

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.6%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (39,905,539 for, 0 against).

FOR: 39,905,539 (99.7%)ABSTAIN: 135,353 (0.3%)

Largest asset managers voting on “ELECTION OF DIRECTOR: CHRISTINE A. EDWARDS” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	16,884,447	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,494,755	0	For
TIAA	2,055,835	0	For
Charles Schwab	1,617,892	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
John Hancock	124,400	0	For
American Century	123,717	0	For
Federated Hermes	117,150	0	For
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	15,281	50,709	Abstain
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	47,616	404	For
Calvert	0	40,475	Abstain
Pacific Life	33,946	0	For
Hartford	24,528	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

3. ELECTION OF DIRECTOR: CRAIG W. BRODERICK

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.7%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (39,949,098 for, 0 against).

FOR: 39,949,098 (99.8%)ABSTAIN: 91,794 (0.2%)

Largest asset managers voting on “ELECTION OF DIRECTOR: CRAIG W. BRODERICK” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	16,884,447	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,494,755	0	For
TIAA	2,055,835	0	For
Charles Schwab	1,617,892	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
John Hancock	124,400	0	For
American Century	123,717	0	For
Federated Hermes	117,150	0	For
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	15,281	50,709	Abstain
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	47,616	404	For
Calvert	40,475	0	For
Pacific Life	33,946	0	For
Hartford	24,528	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

4. ELECTION OF DIRECTOR: DARRYL WHITE

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DARRYL WHITE” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

5. ELECTION OF DIRECTOR: DAVID E. HARQUAIL

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DAVID E. HARQUAIL” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

6. ELECTION OF DIRECTOR: ERIC R. LA FLECHE

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 66 asset managers below cast 99.9% of the shares they voted on this item FOR (40,015,195 for, 2,366 against).

FOR: 40,015,195 (99.9%)AGAINST: 2,366 (0.0%)ABSTAIN: 23,331 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: ERIC R. LA FLECHE” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

7. ELECTION OF DIRECTOR: GEORGE A. COPE

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.7%

The 66 asset managers below cast 99.9% of the shares they voted on this item FOR (39,946,732 for, 2,366 against).

FOR: 39,946,732 (99.8%)AGAINST: 2,366 (0.0%)ABSTAIN: 91,794 (0.2%)

Largest asset managers voting on “ELECTION OF DIRECTOR: GEORGE A. COPE” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	16,884,447	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,494,755	0	For
TIAA	2,055,835	0	For
Charles Schwab	1,617,892	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
John Hancock	124,400	0	For
American Century	123,717	0	For
Federated Hermes	117,150	0	For
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	15,281	50,709	Abstain
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	47,616	404	For
Calvert	40,475	0	For
Pacific Life	33,946	0	For
Hartford	24,528	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

8. ELECTION OF DIRECTOR: HAZEL CLAXTON

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: HAZEL CLAXTON” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

9. ELECTION OF DIRECTOR: JANICE M. BABIAK

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.7%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (39,949,098 for, 0 against).

FOR: 39,949,098 (99.8%)ABSTAIN: 91,794 (0.2%)

Largest asset managers voting on “ELECTION OF DIRECTOR: JANICE M. BABIAK” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	16,884,447	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,494,755	0	For
TIAA	2,055,835	0	For
Charles Schwab	1,617,892	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
John Hancock	124,400	0	For
American Century	123,717	0	For
Federated Hermes	117,150	0	For
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	15,281	50,709	Abstain
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	47,616	404	For
Calvert	40,475	0	For
Pacific Life	33,946	0	For
Hartford	24,528	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

10. ELECTION OF DIRECTOR: LINDA S. HUBER

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: LINDA S. HUBER” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

11. ELECTION OF DIRECTOR: LORRAINE MITCHELMORE

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.7%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (39,949,098 for, 0 against).

FOR: 39,949,098 (99.8%)ABSTAIN: 91,794 (0.2%)

Largest asset managers voting on “ELECTION OF DIRECTOR: LORRAINE MITCHELMORE” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	16,884,447	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,494,755	0	For
TIAA	2,055,835	0	For
Charles Schwab	1,617,892	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
John Hancock	124,400	0	For
American Century	123,717	0	For
Federated Hermes	117,150	0	For
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	15,281	50,709	Abstain
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	47,616	404	For
Calvert	40,475	0	For
Pacific Life	33,946	0	For
Hartford	24,528	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

12. ELECTION OF DIRECTOR: MADHU RANGANATHAN

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 96%

The 66 asset managers below cast 99.8% of the shares they voted on this item FOR (38,398,581 for, 61,076 against).

FOR: 38,398,581 (95.9%)AGAINST: 61,076 (0.2%)ABSTAIN: 1,581,235 (3.9%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MADHU RANGANATHAN” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	16,884,447	0	0	For
Fidelity	4,670,561	0	0	For
Dimensional	3,545,493	0	0	For
Capital Group	3,102,798	0	0	For
BlackRock	2,775,055	0	0	For
JPMorgan	2,494,755	0	0	For
TIAA	2,055,835	0	0	For
Charles Schwab	0	61,076	1,556,816	Abstain
State Street	777,634	0	0	For
First Trust	669,360	0	0	For
Franklin Templeton	173,259	0	0	For
John Hancock	124,400	0	0	For
American Century	123,717	0	0	For
Federated Hermes	117,150	0	0	For
Thrivent	98,757	0	0	For
Invesco	89,271	0	0	For
Six Circles Trust	73,284	0	0	For
Lattice Strategies Trust	66,605	0	0	For
Northern Trust	65,990	0	0	For
SA FUNDS INVESTMENT TRUST	57,851	0	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	0	For
HC CAPITAL TRUST	48,020	0	0	For
Calvert	40,475	0	0	For
Pacific Life	33,946	0	0	For
Hartford	169	0	24,359	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

13. ELECTION OF DIRECTOR: MARTIN S. EICHENBAUM

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARTIN S. EICHENBAUM” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

14. ELECTION OF DIRECTOR: STEPHEN DENT

DIRECTOR ELECTIONS

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (40,040,892 for, 0 against).

FOR: 40,040,892 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: STEPHEN DENT” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
JPMorgan	2,494,755	For
TIAA	2,055,835	For
Charles Schwab	1,617,892	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
John Hancock	124,400	For
American Century	123,717	For
Federated Hermes	117,150	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
Hartford	24,528	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

15. Advisory Vote on Executive Compensation Approach

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 56 asset managers below cast 99.8% of the shares they voted on this item FOR (50,627,826 for, 77,615 against).

FOR: 50,627,826 (99.8%)AGAINST: 77,615 (0.2%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Vanguard	16,884,447	0	For
Desjardins Global Asset Management Inc.	11,958,872	0	For
Fidelity	4,670,561	0	For
Dimensional	3,545,493	0	For
Capital Group	3,102,798	0	For
BlackRock	2,775,055	0	For
JPMorgan	2,684,414	0	For
TIAA	2,055,835	0	For
State Street	777,634	0	For
First Trust	669,360	0	For
CIDEL ASSET MANAGEMENT INC	263,792	0	For
Franklin Templeton	173,259	0	For
American Century	123,717	0	For
Thrivent	98,757	0	For
APG Asset Management US Inc.	93,572	0	For
Invesco	89,271	0	For
Six Circles Trust	73,284	0	For
Lattice Strategies Trust	66,605	0	For
Northern Trust	65,990	0	For
SA FUNDS INVESTMENT TRUST	57,851	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	54,284	Against
OSSIAM	51,743	0	For
MASTER INVESTMENT PORTFOLIO	50,952	0	For
HC CAPITAL TRUST	48,020	0	For
Calvert	40,475	0	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

16. SP 5: Disclose the CEO Compensation to Median Worker Pay Ratio on an Annual Basis

DIVERSITY, EQUITY, AND INCLUSION

Meeting held 2024-04-16; no official results are on file for this meeting.

0.8% fund support · no official result

AGAINST 99.2%

The 50 asset managers below cast 0.8% of the shares they voted on this item FOR (280,475 for, 35,578,902 against).

FOR: 280,475 (0.8%)AGAINST: 35,578,902 (99.2%)

Largest asset managers voting on “SP 5: Disclose the CEO Compensation to Median Worker Pay Ratio on an Annual Basis” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	16,884,447	Against
Fidelity	0	4,670,561	Against
Dimensional	0	3,545,493	Against
Capital Group	0	3,102,798	Against
BlackRock	0	2,775,055	Against
TIAA	0	2,055,835	Against
State Street	0	777,634	Against
First Trust	0	669,360	Against
CIDEL ASSET MANAGEMENT INC	0	263,792	Against
Franklin Templeton	0	173,259	Against
American Century	0	123,717	Against
Thrivent	98,757	0	For
Invesco	0	89,271	Against
Six Circles Trust	0	73,284	Against
Lattice Strategies Trust	0	66,605	Against
Northern Trust	50,709	15,281	For
SA FUNDS INVESTMENT TRUST	0	57,851	Against
MASTER INVESTMENT PORTFOLIO	0	50,952	Against
HC CAPITAL TRUST	45,918	2,102	For
Calvert	40,475	0	For
Pacific Life	0	33,946	Against
DOMINI INVESTMENT TRUST	23,331	0	For
BNY Mellon	0	22,432	Against
STEWARD FUNDS, INC.	0	22,371	Against
PRAXIS MUTUAL FUNDS	17,350	0	For

Showing the 25 largest of 50 asset managers. See all 50 in the interactive database.

17. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2024-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 48 asset managers below cast 100% of the shares they voted on this item FOR (35,595,585 for, 0 against).

FOR: 35,595,585 (100.0%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
Vanguard	16,884,447	For
Fidelity	4,670,561	For
Dimensional	3,545,493	For
Capital Group	3,102,798	For
BlackRock	2,775,055	For
TIAA	2,055,835	For
State Street	777,634	For
First Trust	669,360	For
Franklin Templeton	173,259	For
American Century	123,717	For
Thrivent	98,757	For
Invesco	89,271	For
Six Circles Trust	73,284	For
Lattice Strategies Trust	66,605	For
Northern Trust	65,990	For
SA FUNDS INVESTMENT TRUST	57,851	For
MASTER INVESTMENT PORTFOLIO	50,952	For
HC CAPITAL TRUST	48,020	For
Calvert	40,475	For
Pacific Life	33,946	For
DOMINI INVESTMENT TRUST	23,331	For
BNY Mellon	22,432	For
STEWARD FUNDS, INC.	22,371	For
PRAXIS MUTUAL FUNDS	17,350	For
AQR	14,825	For

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

18. SP 1: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements

CORPORATE GOVERNANCE

Meeting held 2024-04-16; no official results are on file for this meeting.

16% fund support · no official result

FOR 16%AGAINST 84%

The 48 asset managers below cast 16% of the shares they voted on this item FOR (5,818,976 for, 29,776,609 against).

FOR: 5,818,976 (16.3%)AGAINST: 29,776,609 (83.7%)

Largest asset managers voting on “SP 1: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	16,884,447	Against
Fidelity	0	4,670,561	Against
Dimensional	3,545,493	0	For
Capital Group	0	3,102,798	Against
BlackRock	0	2,775,055	Against
TIAA	0	2,055,835	Against
State Street	777,634	0	For
First Trust	669,360	0	For
Franklin Templeton	173,259	0	For
American Century	0	123,717	Against
Thrivent	98,757	0	For
Invesco	89,271	0	For
Six Circles Trust	0	73,284	Against
Lattice Strategies Trust	66,605	0	For
Northern Trust	65,990	0	For
SA FUNDS INVESTMENT TRUST	57,851	0	For
MASTER INVESTMENT PORTFOLIO	0	50,952	Against
HC CAPITAL TRUST	48,020	0	For
Calvert	40,475	0	For
Pacific Life	0	33,946	Against
DOMINI INVESTMENT TRUST	23,331	0	For
BNY Mellon	22,432	0	For
STEWARD FUNDS, INC.	22,371	0	For
PRAXIS MUTUAL FUNDS	17,350	0	For
AQR	14,825	0	For

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

19. SP 2: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting

OTHER SOCIAL ISSUES

Meeting held 2024-04-16; no official results are on file for this meeting.

1% fund support · no official result

AGAINST 99%

The 48 asset managers below cast 1% of the shares they voted on this item FOR (385,502 for, 35,210,083 against).

FOR: 385,502 (1.1%)AGAINST: 35,210,083 (98.9%)

Largest asset managers voting on “SP 2: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	16,884,447	Against
Fidelity	0	4,670,561	Against
Dimensional	0	3,545,493	Against
Capital Group	0	3,102,798	Against
BlackRock	0	2,775,055	Against
TIAA	0	2,055,835	Against
State Street	0	777,634	Against
First Trust	0	669,360	Against
Franklin Templeton	173,259	0	For
American Century	0	123,717	Against
Thrivent	0	98,757	Against
Invesco	0	89,271	Against
Six Circles Trust	0	73,284	Against
Lattice Strategies Trust	0	66,605	Against
Northern Trust	50,709	15,281	For
SA FUNDS INVESTMENT TRUST	0	57,851	Against
MASTER INVESTMENT PORTFOLIO	0	50,952	Against
HC CAPITAL TRUST	48,020	0	For
Calvert	40,475	0	For
Pacific Life	0	33,946	Against
DOMINI INVESTMENT TRUST	23,331	0	For
BNY Mellon	0	22,432	Against
STEWARD FUNDS, INC.	0	22,371	Against
PRAXIS MUTUAL FUNDS	17,350	0	For
AQR	14,825	0	For

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

20. SP 3: Advisory Vote on Environmental Policies

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

7% fund support · no official result

AGAINST 93%

The 48 asset managers below cast 7% of the shares they voted on this item FOR (2,418,249 for, 33,176,345 against).

FOR: 2,418,249 (6.8%)AGAINST: 33,176,345 (93.2%)ABSTAIN: 991 (0.0%)

Largest asset managers voting on “SP 3: Advisory Vote on Environmental Policies” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	16,884,447	Against
Fidelity	0	4,670,561	Against
Dimensional	0	3,545,493	Against
Capital Group	0	3,102,798	Against
BlackRock	0	2,775,055	Against
TIAA	2,055,835	0	For
State Street	0	777,634	Against
First Trust	0	669,360	Against
Franklin Templeton	173,259	0	For
American Century	0	123,717	Against
Thrivent	0	98,757	Against
Invesco	0	89,271	Against
Six Circles Trust	0	73,284	Against
Lattice Strategies Trust	0	66,605	Against
Northern Trust	50,709	15,281	For
SA FUNDS INVESTMENT TRUST	0	57,851	Against
MASTER INVESTMENT PORTFOLIO	0	50,952	Against
HC CAPITAL TRUST	2,506	45,514	Against
Calvert	40,475	0	For
Pacific Life	0	33,946	Against
DOMINI INVESTMENT TRUST	23,331	0	For
BNY Mellon	0	22,432	Against
STEWARD FUNDS, INC.	0	22,371	Against
PRAXIS MUTUAL FUNDS	17,350	0	For
AQR	14,825	0	For

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

21. SP 4: Report on Impact of Oil and Gas Divestment

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 48 asset managers below cast 0.1% of the shares they voted on this item FOR (66 for, 35,594,528 against).

FOR: 66 (0.0%)AGAINST: 35,594,528 (100.0%)ABSTAIN: 991 (0.0%)

Largest asset managers voting on “SP 4: Report on Impact of Oil and Gas Divestment” at BANK OF MONTREAL, 2023-2024
Asset manager	Against	Vote
Vanguard	16,884,447	Against
Fidelity	4,670,561	Against
Dimensional	3,545,493	Against
Capital Group	3,102,798	Against
BlackRock	2,775,055	Against
TIAA	2,055,835	Against
State Street	777,634	Against
First Trust	669,360	Against
Franklin Templeton	173,259	Against
American Century	123,717	Against
Thrivent	98,757	Against
Invesco	89,271	Against
Six Circles Trust	73,284	Against
Lattice Strategies Trust	66,605	Against
Northern Trust	65,990	Against
SA FUNDS INVESTMENT TRUST	57,851	Against
MASTER INVESTMENT PORTFOLIO	50,952	Against
HC CAPITAL TRUST	48,020	Against
Calvert	40,475	Against
Pacific Life	33,946	Against
DOMINI INVESTMENT TRUST	23,331	Against
BNY Mellon	22,432	Against
STEWARD FUNDS, INC.	22,371	Against
PRAXIS MUTUAL FUNDS	17,350	Against
AQR	14,825	Against

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

22. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

99.1% fund support · no official result

FOR 99.1%

The 13 asset managers below cast 99.1% of the shares they voted on this item FOR (23,319,413 for, 190,645 against).

FOR: 23,319,413 (99.2%)AGAINST: 190,645 (0.8%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
TD ASSET MANAGEMENT INC	21,308,733	0	For
Charles Schwab	1,617,892	0	For
Genus Capital Management Inc.	0	176,494	Against
Triasima Portfolio Management inc.	147,495	8,500	For
Federated Hermes	117,150	0	For
Regime de rentes du Mouvement Desjardins	61,536	0	For
Hartford	24,359	169	For
Russell Investments	16,464	0	For
IMPAX FUNDS SERIES TRUST III	13,269	0	For
Financiere des Professionnels - Fonds d,investissement inc.	12,315	0	For
Brighthouse	0	4,325	Against
Union Investment Privatfonds GmbH	0	1,157	Against
ANDERSON HOAGLAND & CO	200	0	For

23. Appointment of Shareholders' Auditors

AUDIT-RELATED

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 13 asset managers below cast 99.9% of the shares they voted on this item FOR (2,649,913 for, 2,366 against).

FOR: 2,649,913 (99.9%)AGAINST: 2,366 (0.1%)

Largest asset managers voting on “Appointment of Shareholders' Auditors” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
JPMorgan	2,494,755	0	For
John Hancock	124,400	0	For
Jackson National	15,237	0	For
Allianz	6,542	0	For
Pacer Funds Trust	3,944	0	For
GPS Funds I	2,492	0	For
NEOS ETF Trust	0	2,366	Against
CITY NATIONAL ROCHDALE FUNDS	868	0	For
MARCO INVESTMENT MANAGEMENT LLC	600	0	For
Tidal ETF Trust	586	0	For
King Wealth Management Group	404	0	For
ADVISORS SERIES TRUST	60	0	For
Series Portfolios Trust	25	0	For

24. Shareholder Proposal No. 1

CORPORATE GOVERNANCE

Meeting held 2024-04-16; no official results are on file for this meeting.

99.7% fund support · no official result

FOR 99.7%

The 8 asset managers below cast 99.7% of the shares they voted on this item FOR (2,509,992 for, 5,497 against).

FOR: 2,509,992 (99.8%)AGAINST: 5,497 (0.2%)ABSTAIN: 404 (0.0%)

Largest asset managers voting on “Shareholder Proposal No. 1” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Abstain	Vote
JPMorgan	2,494,755	0	0	For
Jackson National	15,237	0	0	For
Pacer Funds Trust	0	3,944	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	868	0	Against
MARCO INVESTMENT MANAGEMENT LLC	0	600	0	Against
King Wealth Management Group	0	0	404	Abstain
ADVISORS SERIES TRUST	0	60	0	Against
Series Portfolios Trust	0	25	0	Against

25. Shareholder Proposal No. 2

OTHER

Meeting held 2024-04-16; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 99.9%

The 8 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 2,515,489 against).

AGAINST: 2,515,489 (100.0%)ABSTAIN: 404 (0.0%)

Largest asset managers voting on “Shareholder Proposal No. 2” at BANK OF MONTREAL, 2023-2024
Asset manager	Against	Abstain	Vote
JPMorgan	2,494,755	0	Against
Jackson National	15,237	0	Against
Pacer Funds Trust	3,944	0	Against
CITY NATIONAL ROCHDALE FUNDS	868	0	Against
MARCO INVESTMENT MANAGEMENT LLC	600	0	Against
King Wealth Management Group	0	404	Abstain
ADVISORS SERIES TRUST	60	0	Against
Series Portfolios Trust	25	0	Against

26. Shareholder Proposal No. 3

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

99.1% fund support · no official result

FOR 99.1%

The 8 asset managers below cast 99.1% of the shares they voted on this item FOR (2,494,755 for, 20,734 against).

FOR: 2,494,755 (99.2%)AGAINST: 20,734 (0.8%)ABSTAIN: 404 (0.0%)

Largest asset managers voting on “Shareholder Proposal No. 3” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Abstain	Vote
JPMorgan	2,494,755	0	0	For
Jackson National	0	15,237	0	Against
Pacer Funds Trust	0	3,944	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	868	0	Against
MARCO INVESTMENT MANAGEMENT LLC	0	600	0	Against
King Wealth Management Group	0	0	404	Abstain
ADVISORS SERIES TRUST	0	60	0	Against
Series Portfolios Trust	0	25	0	Against

27. Shareholder Proposal No. 4

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 99.9%

The 8 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 2,515,489 against).

AGAINST: 2,515,489 (100.0%)ABSTAIN: 404 (0.0%)

Largest asset managers voting on “Shareholder Proposal No. 4” at BANK OF MONTREAL, 2023-2024
Asset manager	Against	Abstain	Vote
JPMorgan	2,494,755	0	Against
Jackson National	15,237	0	Against
Pacer Funds Trust	3,944	0	Against
CITY NATIONAL ROCHDALE FUNDS	868	0	Against
MARCO INVESTMENT MANAGEMENT LLC	600	0	Against
King Wealth Management Group	0	404	Abstain
ADVISORS SERIES TRUST	60	0	Against
Series Portfolios Trust	25	0	Against

28. Shareholder Proposal No. 5

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 99.9%

The 8 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 2,515,489 against).

AGAINST: 2,515,489 (100.0%)ABSTAIN: 404 (0.0%)

Largest asset managers voting on “Shareholder Proposal No. 5” at BANK OF MONTREAL, 2023-2024
Asset manager	Against	Abstain	Vote
JPMorgan	2,494,755	0	Against
Jackson National	15,237	0	Against
Pacer Funds Trust	3,944	0	Against
CITY NATIONAL ROCHDALE FUNDS	868	0	Against
MARCO INVESTMENT MANAGEMENT LLC	600	0	Against
King Wealth Management Group	0	404	Abstain
ADVISORS SERIES TRUST	60	0	Against
Series Portfolios Trust	25	0	Against

29. Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 7 asset managers below cast 0.1% of the shares they voted on this item FOR (1,157 for, 1,793,628 against).

FOR: 1,157 (0.1%)AGAINST: 1,793,628 (99.9%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	1,617,892	Against
Federated Hermes	0	117,150	Against
Hartford	0	24,528	Against
Russell Investments	0	16,464	Against
IMPAX FUNDS SERIES TRUST III	0	13,269	Against
Brighthouse	0	4,325	Against
Union Investment Privatfonds GmbH	1,157	0	For

30. Shareholder Proposal Regarding Pay Ratio Disclosure

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

2% fund support · no official result

AGAINST 98%

The 7 asset managers below cast 2% of the shares they voted on this item FOR (43,279 for, 1,751,506 against).

FOR: 43,279 (2.4%)AGAINST: 1,751,506 (97.6%)

Largest asset managers voting on “Shareholder Proposal Regarding Pay Ratio Disclosure” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	1,617,892	Against
Federated Hermes	0	117,150	Against
Hartford	24,528	0	For
Russell Investments	0	16,464	Against
IMPAX FUNDS SERIES TRUST III	13,269	0	For
Brighthouse	4,325	0	For
Union Investment Privatfonds GmbH	1,157	0	For

31. Appointment of Auditor

AUDIT-RELATED

Meeting held 2024-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.7%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (1,789,134 for, 0 against).

FOR: 1,789,134 (99.7%)ABSTAIN: 4,494 (0.3%)

Largest asset managers voting on “Appointment of Auditor” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Abstain	Vote
Charles Schwab	1,617,892	0	For
Federated Hermes	117,150	0	For
Hartford	24,359	169	For
Russell Investments	16,464	0	For
IMPAX FUNDS SERIES TRUST III	13,269	0	For
Brighthouse	0	4,325	Abstain

32. Shareholder Proposal Regarding Financing of the Canadian Oil and Gas Sector

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 6 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,793,628 against).

AGAINST: 1,793,628 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Financing of the Canadian Oil and Gas Sector” at BANK OF MONTREAL, 2023-2024
Asset manager	Against	Vote
Charles Schwab	1,617,892	Against
Federated Hermes	117,150	Against
Hartford	24,528	Against
Russell Investments	16,464	Against
IMPAX FUNDS SERIES TRUST III	13,269	Against
Brighthouse	4,325	Against

33. Shareholder Proposal Regarding In-Person Shareholder Meetings

CORPORATE GOVERNANCE

Meeting held 2024-04-16; no official results are on file for this meeting.

0.8% fund support · no official result

AGAINST 99.2%

The 6 asset managers below cast 0.8% of the shares they voted on this item FOR (13,269 for, 1,780,359 against).

FOR: 13,269 (0.7%)AGAINST: 1,780,359 (99.3%)

Largest asset managers voting on “Shareholder Proposal Regarding In-Person Shareholder Meetings” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	1,617,892	Against
Federated Hermes	0	117,150	Against
Hartford	0	24,528	Against
Russell Investments	0	16,464	Against
IMPAX FUNDS SERIES TRUST III	13,269	0	For
Brighthouse	0	4,325	Against

34. Shareholder Proposal Regarding Say on Climate

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

1.0% fund support · no official result

AGAINST 99.0%

The 6 asset managers below cast 1.0% of the shares they voted on this item FOR (17,763 for, 1,775,865 against).

FOR: 17,763 (1.0%)AGAINST: 1,775,865 (99.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Say on Climate” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	1,617,892	Against
Federated Hermes	0	117,150	Against
Hartford	169	24,359	Against
Russell Investments	0	16,464	Against
IMPAX FUNDS SERIES TRUST III	13,269	0	For
Brighthouse	4,325	0	For

35. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE BANK DISCLOSE TO THE GENERAL PUBLIC, ON AN ANNUAL BASIS, THE NON CONFIDENTIAL INFORMATION RELATING TO ITS COUNTRY-BY-COUNTRY REPORTING, FOR THE PURPOSES OF DETAILED AND MEANINGFUL CALCULATIONS OF COMPENSATION RATIOS, NAMELY BROKEN DOWN BY JURISDICTION, AND TO CONTRIBUTE TO COMBATTING TAX HAVENS, PARTICULARLY AS REG

OTHER

Meeting held 2024-04-16; no official results are on file for this meeting.

75% fund support · no official result

FOR 75%AGAINST 25%

The 5 asset managers below cast 75% of the shares they voted on this item FOR (101,803 for, 34,583 against).

FOR: 101,803 (74.6%)AGAINST: 34,583 (25.4%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE BANK DISCLOSE TO THE GENER” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
John Hancock	99,437	24,963	For
Allianz	0	6,542	Against
GPS Funds I	0	2,492	Against
NEOS ETF Trust	2,366	0	For
Tidal ETF Trust	0	586	Against

36. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE BANK HOLD AN ANNUAL ADVISORY VOTE ON ITS ENVIRONMENTAL AND CLIMATE OBJECTIVES AND ACTION PLAN

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

75% fund support · no official result

FOR 75%AGAINST 25%

The 5 asset managers below cast 75% of the shares they voted on this item FOR (101,803 for, 34,583 against).

FOR: 101,803 (74.6%)AGAINST: 34,583 (25.4%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE BANK HOLD AN ANNUAL ADVISO” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
John Hancock	99,437	24,963	For
Allianz	0	6,542	Against
GPS Funds I	0	2,492	Against
NEOS ETF Trust	2,366	0	For
Tidal ETF Trust	0	586	Against

37. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE CORPORATION'S ANNUAL SHAREHOLDERS' MEETINGS BE HELD IN PERSON, AND THAT VIRTUAL MEETINGS BE HELD IN ADDITION TO, BUT NOT IN REPLACEMENT OF, FACE-TO-FACE MEETINGS

CORPORATE GOVERNANCE

Meeting held 2024-04-16; no official results are on file for this meeting.

94% fund support · no official result

FOR 94%

The 5 asset managers below cast 94% of the shares they voted on this item FOR (128,686 for, 7,700 against).

FOR: 128,686 (94.4%)AGAINST: 7,700 (5.6%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: BE IT PROPOSED THAT THE CORPORATION'S ANNUAL SHARE” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
John Hancock	124,400	0	For
Allianz	1,920	4,622	Against
GPS Funds I	0	2,492	Against
NEOS ETF Trust	2,366	0	For
Tidal ETF Trust	0	586	Against

38. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: INVESTNOW INC. (INVESTNOW) ON BEHALF OF GINA PAPPANO, 7 SHANNON STREET, TORONTO, O.N. M6J 2E6 HAS SUBMITTED

ENVIRONMENT OR CLIMATE

Meeting held 2024-04-16; no official results are on file for this meeting.

2% fund support · no official result

AGAINST 98%

The 5 asset managers below cast 2% of the shares they voted on this item FOR (2,366 for, 134,020 against).

FOR: 2,366 (1.7%)AGAINST: 134,020 (98.3%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: INVESTNOW INC. (INVESTNOW) ON BEHALF OF GINA PAPPA” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
John Hancock	0	124,400	Against
Allianz	0	6,542	Against
GPS Funds I	0	2,492	Against
NEOS ETF Trust	2,366	0	For
Tidal ETF Trust	0	586	Against

39. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: VANCITY INVESTMENT MANAGEMENT, 100 183 TERMINAL AVENUE, VANCOUVER, BC V6A 4G2 HAS SUBMITTED

COMPENSATION

Meeting held 2024-04-16; no official results are on file for this meeting.

75% fund support · no official result

FOR 75%AGAINST 25%

The 5 asset managers below cast 75% of the shares they voted on this item FOR (101,803 for, 34,583 against).

FOR: 101,803 (74.6%)AGAINST: 34,583 (25.4%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: VANCITY INVESTMENT MANAGEMENT, 100 183 TERMINAL AV” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Against	Vote
John Hancock	99,437	24,963	For
Allianz	0	6,542	Against
GPS Funds I	0	2,492	Against
NEOS ETF Trust	2,366	0	For
Tidal ETF Trust	0	586	Against

40. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-04-16; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (953 for, 0 against).

FOR: 953 (100.0%)

Largest asset managers voting on “14A Executive Compensation” at BANK OF MONTREAL, 2023-2024
Asset manager	For	Vote
BALLAST ADVISORS LLC	653	For
OLD SECOND NATIONAL BANK OF AURORA	200	For
GRIMES & COMPANY, INC.	100	For

Showing the 40 reported items with the widest manager coverage, of 41 in total. View every item.

Largest BANK OF MONTREAL shareholders voting in 2023-2024

Ranked by the number of BANK OF MONTREAL shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 720,982,672 shares outstanding at the time of that meeting.

Top BANK OF MONTREAL shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	1832 Asset Management L.P.	0.97%
2	SCOTIA CAPITAL INC.	0.59%
3	Fiera Capital Corp	0.44%
4	JPMorgan	0.35%
5	Goldman Sachs	0.31%
6	Northern Trust	0.23%
7	LETKO, BROSSEAU & ASSOCIATES INC	0.21%
8	Cardinal Capital Management, Inc.	0.17%
9	Value Partners Investments Inc.	0.10%
10	Korea Investment CORP	0.07%

Reported BANK OF MONTREAL ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

BANK OF MONTREAL beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
BANK OF MONTREAL	11.02%	13G
Vanguard Group	4.49%	13F
FMR (Fidelity)	1.12%	13F
Norges Bank	0.86%	13F
JPMorgan Chase	0.56%	13F
Goldman Sachs	0.50%	13F
Dimensional Fund Advisors	0.50%	13F
Geode Capital	0.40%	13F
Nuveen	0.31%	13F
Morgan Stanley	0.30%	13F

Percentages above are of 720,982,672 shares outstanding, as reported by BANK OF MONTREAL on its Form 40-F dated 2023-10-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BANK OF MONTREAL’s 40-F dated 2023-10-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At BANK OF MONTREAL's shareholder meeting held 2024-04-16, in the 2023-2024 proxy season, 300 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,470 separate fund positions. Their filings are grouped here into 41 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory vote on the Bank's Approach to Executive Compensation — the reporting funds cast 99.4% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

BANK OF MONTREAL proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.