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Bank of Montreal 2024-2025 Proxy Voting Records

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

49Reported items
298Asset managers
3,610Fund votes
2025-04-11Meeting 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 2024-2025 meeting

Each item below shows how the 298 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

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-11; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 232 asset managers below cast 99.6% of the shares they voted on this item FOR (62,602,879 for, 238,942 against).

FOR: 62,602,879 (99.6%)AGAINST: 238,942 (0.4%)

Largest asset managers voting on “Advisory vote on the Bank's Approach to Executive Compensation” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	31,584,831	0	For
1832 Asset Management L.P.	8,685,433	0	For
SCOTIA CAPITAL INC.	4,508,743	0	For
JARISLOWSKY, FRASER Ltd	3,776,197	122,533	For
Fiera Capital Corp	3,569,861	0	For
JPMorgan	2,605,343	0	For
Cardinal Capital Management, Inc.	1,275,810	0	For
Northern Trust	1,106,571	0	For
LETKO, BROSSEAU & ASSOCIATES INC	1,080,472	0	For
Foyston, Gordon & Payne Inc	706,500	0	For
Value Partners Investments Inc.	528,275	0	For
RAYMOND JAMES & ASSOCIATES	412,154	0	For
LPL Financial LLC	267,815	0	For
ENVESTNET ASSET MANAGEMENT INC	259,516	0	For
Rempart Asset Management Inc.	228,543	0	For
AGF MANAGEMENT LTD	226,511	0	For
Six Circles Trust	186,875	0	For
Korea Investment CORP	141,439	0	For
John Hancock	115,979	0	For
TRUIST FINANCIAL CORP	94,992	0	For
South Dakota Investment Council	93,735	0	For
Treasurer of the State of North Carolina	73,849	0	For
Lorne Steinberg Wealth Management Inc.	0	72,249	Against
NATIONAL BANK TRUST INC.	62,402	0	For
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/	61,043	0	For

Showing the 25 largest of 232 asset managers. See all 232 in the interactive database.

2. Elect Director Brian McManus

DIRECTOR ELECTIONS

Meeting held 2025-04-11; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “Elect Director Brian McManus” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

3. ELECTION OF DIRECTOR: CRAIG W. BRODERICK

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (42,575,581 for, 0 against).

FOR: 42,575,581 (99.9%)ABSTAIN: 58,775 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: CRAIG W. BRODERICK” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
BlackRock	2,780,704	0	For
JPMorgan	2,605,343	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
TIAA	1,337,888	0	For
State Street	968,807	0	For
First Trust	427,537	0	For
American Century	208,725	0	For
Six Circles Trust	186,875	0	For
Hartford	177,312	0	For
Franklin Templeton	152,650	0	For
John Hancock	115,979	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
Northern Trust	14,384	40,884	Abstain
MASTER INVESTMENT PORTFOLIO	51,761	0	For
HC CAPITAL TRUST	47,702	541	For
Brinker Capital Destinations Trust	46,222	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	43,747	0	For
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

4. ELECTION OF DIRECTOR: DARRYL WHITE

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DARRYL WHITE” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

5. ELECTION OF DIRECTOR: DAVID E. HARQUAIL

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DAVID E. HARQUAIL” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

6. ELECTION OF DIRECTOR: DIANE L. COOPER

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DIANE L. COOPER” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

7. ELECTION OF DIRECTOR: GEORGE A. COPE

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,527,642 for, 0 against).

FOR: 42,527,642 (99.7%)ABSTAIN: 106,714 (0.3%)

Largest asset managers voting on “ELECTION OF DIRECTOR: GEORGE A. COPE” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
BlackRock	2,780,704	0	For
JPMorgan	2,605,343	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
TIAA	1,337,888	0	For
State Street	968,807	0	For
First Trust	427,537	0	For
American Century	208,725	0	For
Six Circles Trust	186,875	0	For
Hartford	177,312	0	For
Franklin Templeton	152,650	0	For
John Hancock	115,979	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
Northern Trust	14,384	40,884	Abstain
MASTER INVESTMENT PORTFOLIO	51,761	0	For
HC CAPITAL TRUST	47,702	541	For
Brinker Capital Destinations Trust	46,222	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	0	43,747	Abstain
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

8. ELECTION OF DIRECTOR: HAZEL CLAXTON

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: HAZEL CLAXTON” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

9. ELECTION OF DIRECTOR: JANICE M. BABIAK

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (42,575,581 for, 0 against).

FOR: 42,575,581 (99.9%)ABSTAIN: 58,775 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: JANICE M. BABIAK” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
BlackRock	2,780,704	0	For
JPMorgan	2,605,343	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
TIAA	1,337,888	0	For
State Street	968,807	0	For
First Trust	427,537	0	For
American Century	208,725	0	For
Six Circles Trust	186,875	0	For
Hartford	177,312	0	For
Franklin Templeton	152,650	0	For
John Hancock	115,979	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
Northern Trust	14,384	40,884	Abstain
MASTER INVESTMENT PORTFOLIO	51,761	0	For
HC CAPITAL TRUST	47,702	541	For
Brinker Capital Destinations Trust	46,222	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	43,747	0	For
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

10. ELECTION OF DIRECTOR: LORRAINE MITCHELMORE

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (42,575,581 for, 0 against).

FOR: 42,575,581 (99.9%)ABSTAIN: 58,775 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: LORRAINE MITCHELMORE” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
BlackRock	2,780,704	0	For
JPMorgan	2,605,343	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
TIAA	1,337,888	0	For
State Street	968,807	0	For
First Trust	427,537	0	For
American Century	208,725	0	For
Six Circles Trust	186,875	0	For
Hartford	177,312	0	For
Franklin Templeton	152,650	0	For
John Hancock	115,979	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
Northern Trust	14,384	40,884	Abstain
MASTER INVESTMENT PORTFOLIO	51,761	0	For
HC CAPITAL TRUST	47,702	541	For
Brinker Capital Destinations Trust	46,222	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	43,747	0	For
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

11. ELECTION OF DIRECTOR: MADHU RANGANATHAN

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (42,623,772 for, 0 against).

FOR: 42,623,772 (100.0%)ABSTAIN: 10,584 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MADHU RANGANATHAN” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
BlackRock	2,770,120	10,584	For
JPMorgan	2,605,343	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
TIAA	1,337,888	0	For
State Street	968,807	0	For
First Trust	427,537	0	For
American Century	208,725	0	For
Six Circles Trust	186,875	0	For
Hartford	177,312	0	For
Franklin Templeton	152,650	0	For
John Hancock	115,979	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
Northern Trust	55,268	0	For
MASTER INVESTMENT PORTFOLIO	51,761	0	For
HC CAPITAL TRUST	48,243	0	For
Brinker Capital Destinations Trust	46,222	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	43,747	0	For
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

12. ELECTION OF DIRECTOR: MARTIN S. EICHENBAUM

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARTIN S. EICHENBAUM” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

13. ELECTION OF DIRECTOR: STEPHEN DENT

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 57 asset managers below cast 100% of the shares they voted on this item FOR (42,634,356 for, 0 against).

FOR: 42,634,356 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: STEPHEN DENT” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

14. ELECTION OF DIRECTOR: ERIC R. LA FLECHE

DIRECTOR ELECTIONS

Meeting held 2025-04-11; 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 56 asset managers below cast 100% of the shares they voted on this item FOR (42,632,061 for, 0 against).

FOR: 42,632,061 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: ERIC R. LA FLECHE” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Charles Schwab	1,928,312	For
Federated Hermes	1,675,425	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Six Circles Trust	186,875	For
Hartford	177,312	For
Franklin Templeton	152,650	For
John Hancock	115,979	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
MASTER INVESTMENT PORTFOLIO	51,761	For
HC CAPITAL TRUST	48,243	For
Brinker Capital Destinations Trust	46,222	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For

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

15. Advisory Vote on Executive Compensation Approach

COMPENSATION

Meeting held 2025-04-11; no official results are on file for this meeting.

97% fund support · no official result

FOR 97%

The 46 asset managers below cast 97% of the shares they voted on this item FOR (39,290,479 for, 1,400,402 against).

FOR: 39,290,479 (96.6%)AGAINST: 1,400,402 (3.4%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	19,016,013	0	For
Fidelity	6,577,219	0	For
Dimensional	3,771,644	0	For
JPMorgan	2,874,936	0	For
Desjardins Global Asset Management Inc.	2,810,604	0	For
APG Asset Management US Inc.	1,677,426	0	For
TIAA	0	1,337,888	Against
State Street	968,807	0	For
First Trust	427,537	0	For
CIDEL ASSET MANAGEMENT INC	235,577	0	For
American Century	208,725	0	For
Franklin Templeton	152,650	0	For
Victory Capital	76,756	0	For
Lattice Strategies Trust	72,077	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	62,514	Against
Northern Trust	55,268	0	For
HC CAPITAL TRUST	48,243	0	For
SA FUNDS INVESTMENT TRUST	43,784	0	For
Calvert	43,747	0	For
Pacific Life	38,813	0	For
BNY Mellon	27,169	0	For
GMO	24,100	0	For
OLD WESTBURY FUNDS INC	22,400	0	For
Lincoln Financial	19,212	0	For
PRAXIS FUNDS	17,350	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

16. SP 7: Executive Compensation Internal Pay Metrics Disclosure

COMPENSATION

Meeting held 2025-04-11; no official results are on file for this meeting.

0.5% fund support · no official result

AGAINST 99.5%

The 42 asset managers below cast 0.5% of the shares they voted on this item FOR (152,228 for, 33,113,173 against).

FOR: 152,228 (0.5%)AGAINST: 33,113,173 (99.5%)

Largest asset managers voting on “SP 7: Executive Compensation Internal Pay Metrics Disclosure” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	0	6,577,219	Against
Dimensional	0	3,771,644	Against
TIAA	0	1,337,888	Against
State Street	0	968,807	Against
First Trust	0	427,537	Against
CIDEL ASSET MANAGEMENT INC	0	235,577	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	40,884	14,384	For
HC CAPITAL TRUST	46,055	2,188	For
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	0	24,100	Against
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	0	11,144	Against
AQR	0	10,948	Against
WILMINGTON FUNDS	0	8,925	Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

17. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2025-04-11; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 40 asset managers below cast 100% of the shares they voted on this item FOR (33,029,755 for, 0 against).

FOR: 33,029,755 (100.0%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
Vanguard	19,016,013	For
Fidelity	6,577,219	For
Dimensional	3,771,644	For
TIAA	1,337,888	For
State Street	968,807	For
First Trust	427,537	For
American Century	208,725	For
Franklin Templeton	152,650	For
Victory Capital	76,756	For
Lattice Strategies Trust	72,077	For
Northern Trust	55,268	For
HC CAPITAL TRUST	48,243	For
SA FUNDS INVESTMENT TRUST	43,784	For
Calvert	43,747	For
Pacific Life	38,813	For
BNY Mellon	27,169	For
GMO	24,100	For
OLD WESTBURY FUNDS INC	22,400	For
Lincoln Financial	19,212	For
PRAXIS FUNDS	17,350	For
Brinker Capital Destinations Trust	14,572	For
DWS	11,144	For
AQR	10,948	For
WILMINGTON FUNDS	8,925	For
Morgan Stanley	7,736	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

18. SP 1: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting

OTHER SOCIAL ISSUES

Meeting held 2025-04-11; no official results are on file for this meeting.

0.6% fund support · no official result

AGAINST 99.4%

The 40 asset managers below cast 0.6% of the shares they voted on this item FOR (189,464 for, 32,840,291 against).

FOR: 189,464 (0.6%)AGAINST: 32,840,291 (99.4%)

Largest asset managers voting on “SP 1: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	0	6,577,219	Against
Dimensional	0	3,771,644	Against
TIAA	0	1,337,888	Against
State Street	0	968,807	Against
First Trust	0	427,537	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	40,884	14,384	For
HC CAPITAL TRUST	48,243	0	For
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	24,100	0	For
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	0	11,144	Against
AQR	10,948	0	For
WILMINGTON FUNDS	0	8,925	Against
Morgan Stanley	4,192	3,544	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

19. SP 2: Advisory Vote on Environmental Policies

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

5% fund support · no official result

AGAINST 95%

The 40 asset managers below cast 5% of the shares they voted on this item FOR (1,490,770 for, 31,537,858 against).

FOR: 1,490,770 (4.5%)AGAINST: 31,537,858 (95.5%)ABSTAIN: 1,127 (0.0%)

Largest asset managers voting on “SP 2: Advisory Vote on Environmental Policies” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	0	6,577,219	Against
Dimensional	0	3,771,644	Against
TIAA	1,337,888	0	For
State Street	0	968,807	Against
First Trust	0	427,537	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	40,884	14,384	For
HC CAPITAL TRUST	2,729	45,514	Against
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	24,100	0	For
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	0	11,144	Against
AQR	10,948	0	For
WILMINGTON FUNDS	0	8,925	Against
Morgan Stanley	7,736	0	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

20. SP 3: Employee Language Skills Disclosure

CORPORATE GOVERNANCEOTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 40 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 33,029,755 against).

AGAINST: 33,029,755 (100.0%)

Largest asset managers voting on “SP 3: Employee Language Skills Disclosure” at Bank of Montreal, 2024-2025
Asset manager	Against	Vote
Vanguard	19,016,013	Against
Fidelity	6,577,219	Against
Dimensional	3,771,644	Against
TIAA	1,337,888	Against
State Street	968,807	Against
First Trust	427,537	Against
American Century	208,725	Against
Franklin Templeton	152,650	Against
Victory Capital	76,756	Against
Lattice Strategies Trust	72,077	Against
Northern Trust	55,268	Against
HC CAPITAL TRUST	48,243	Against
SA FUNDS INVESTMENT TRUST	43,784	Against
Calvert	43,747	Against
Pacific Life	38,813	Against
BNY Mellon	27,169	Against
GMO	24,100	Against
OLD WESTBURY FUNDS INC	22,400	Against
Lincoln Financial	19,212	Against
PRAXIS FUNDS	17,350	Against
Brinker Capital Destinations Trust	14,572	Against
DWS	11,144	Against
AQR	10,948	Against
WILMINGTON FUNDS	8,925	Against
Morgan Stanley	7,736	Against

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

21. SP 4: Adopt Advanced Generative AI Systems Voluntary Code of Conduct

OTHER SOCIAL ISSUES

Meeting held 2025-04-11; no official results are on file for this meeting.

0.5% fund support · no official result

AGAINST 99.5%

The 40 asset managers below cast 0.5% of the shares they voted on this item FOR (161,160 for, 32,867,468 against).

FOR: 161,160 (0.5%)AGAINST: 32,867,468 (99.5%)ABSTAIN: 1,127 (0.0%)

Largest asset managers voting on “SP 4: Adopt Advanced Generative AI Systems Voluntary Code of Conduct” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	0	6,577,219	Against
Dimensional	0	3,771,644	Against
TIAA	0	1,337,888	Against
State Street	0	968,807	Against
First Trust	0	427,537	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	40,884	14,384	For
HC CAPITAL TRUST	46,055	2,188	For
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	0	24,100	Against
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	0	11,144	Against
AQR	0	10,948	Against
WILMINGTON FUNDS	0	8,925	Against
Morgan Stanley	7,736	0	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

22. SP 5: Annual Energy Supply Ratio Disclosure

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

5% fund support · no official result

AGAINST 95%

The 40 asset managers below cast 5% of the shares they voted on this item FOR (1,663,688 for, 31,364,940 against).

FOR: 1,663,688 (5.0%)AGAINST: 31,364,940 (95.0%)ABSTAIN: 1,127 (0.0%)

Largest asset managers voting on “SP 5: Annual Energy Supply Ratio Disclosure” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	1,334	6,575,885	Against
Dimensional	118,918	3,652,726	Against
TIAA	1,337,888	0	For
State Street	0	968,807	Against
First Trust	0	427,537	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	55,268	0	For
HC CAPITAL TRUST	48,243	0	For
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	24,100	0	For
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	0	11,144	Against
AQR	10,948	0	For
WILMINGTON FUNDS	0	8,925	Against
Morgan Stanley	4,192	3,544	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

23. SP 6: Lobbying and Policy Influence Activities Disclosure

ENVIRONMENT OR CLIMATEOTHER SOCIAL ISSUES

Meeting held 2025-04-11; no official results are on file for this meeting.

0.7% fund support · no official result

AGAINST 99.3%

The 40 asset managers below cast 0.7% of the shares they voted on this item FOR (200,608 for, 32,828,020 against).

FOR: 200,608 (0.6%)AGAINST: 32,828,020 (99.4%)ABSTAIN: 1,127 (0.0%)

Largest asset managers voting on “SP 6: Lobbying and Policy Influence Activities Disclosure” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	19,016,013	Against
Fidelity	0	6,577,219	Against
Dimensional	0	3,771,644	Against
TIAA	0	1,337,888	Against
State Street	0	968,807	Against
First Trust	0	427,537	Against
American Century	0	208,725	Against
Franklin Templeton	0	152,650	Against
Victory Capital	0	76,756	Against
Lattice Strategies Trust	0	72,077	Against
Northern Trust	40,884	14,384	For
HC CAPITAL TRUST	48,243	0	For
SA FUNDS INVESTMENT TRUST	0	43,784	Against
Calvert	43,747	0	For
Pacific Life	0	38,813	Against
BNY Mellon	0	27,169	Against
GMO	24,100	0	For
OLD WESTBURY FUNDS INC	0	22,400	Against
Lincoln Financial	0	19,212	Against
PRAXIS FUNDS	17,350	0	For
Brinker Capital Destinations Trust	0	14,572	Against
DWS	11,144	0	For
AQR	10,948	0	For
WILMINGTON FUNDS	0	8,925	Against
Morgan Stanley	4,192	3,544	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

24. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-11; no official results are on file for this meeting.

99.3% fund support · no official result

FOR 99.3%

The 17 asset managers below cast 99.3% of the shares they voted on this item FOR (24,135,400 for, 154,359 against).

FOR: 24,135,400 (99.4%)AGAINST: 154,359 (0.6%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
TD ASSET MANAGEMENT INC	16,790,336	0	For
TD Waterhouse Canada Inc.	3,196,232	0	For
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
Beutel, Goodman & Co Ltd.	337,691	0	For
Hartford	35,084	142,228	Against
Triasima Portfolio Management inc.	69,016	400	For
Regime de rentes du Mouvement Desjardins	42,323	0	For
Brinker Capital Destinations Trust	31,650	0	For
Russell Investments	20,098	0	For
LOUISBOURG INVESTMENTS INC.	8,428	0	For
Union Investment Institutional GmbH	0	4,000	Against
Genus Capital Management Inc.	0	3,845	Against
Brighthouse	0	2,729	Against
Union Investment Privatfonds GmbH	0	1,157	Against
ETFis Series Trust I	688	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	117	0	For

25. APPOINTMENT OF SHAREHOLDERS' AUDITORS

AUDIT-RELATED

Meeting held 2025-04-11; 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 13 asset managers below cast 100% of the shares they voted on this item FOR (5,768,387 for, 0 against).

FOR: 5,768,387 (100.0%)

Largest asset managers voting on “APPOINTMENT OF SHAREHOLDERS' AUDITORS” at Bank of Montreal, 2024-2025
Asset manager	For	Vote
BlackRock	2,780,704	For
JPMorgan	2,605,343	For
Six Circles Trust	186,875	For
John Hancock	115,979	For
MASTER INVESTMENT PORTFOLIO	51,761	For
Jackson National	15,487	For
Allianz	6,268	For
RBB FUND, INC.	2,295	For
GPS Funds I	1,910	For
Pacer Funds Trust	1,149	For
CITY NATIONAL ROCHDALE FUNDS	553	For
ADVISORS SERIES TRUST	63	For
BRANDYWINE OAK PRIVATE WEALTH LLC	0	--

26. Shareholder Proposal Regarding Pay Ratio Disclosure

COMPENSATION

Meeting held 2025-04-11; no official results are on file for this meeting.

0.2% fund support · no official result

AGAINST 99.8%

The 10 asset managers below cast 0.2% of the shares they voted on this item FOR (5,157 for, 3,844,642 against).

FOR: 5,157 (0.1%)AGAINST: 3,844,642 (99.9%)

Largest asset managers voting on “Shareholder Proposal Regarding Pay Ratio Disclosure” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	1,928,312	Against
Federated Hermes	0	1,675,425	Against
Hartford	0	177,312	Against
Brinker Capital Destinations Trust	0	31,650	Against
Russell Investments	0	20,098	Against
LOUISBOURG INVESTMENTS INC.	0	8,428	Against
Union Investment Institutional GmbH	4,000	0	For
Brighthouse	0	2,729	Against
Union Investment Privatfonds GmbH	1,157	0	For
ETFis Series Trust I	0	688	Against

27. Shareholder Proposal No. 1

OTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 9 asset managers below cast 0.1% of the shares they voted on this item FOR (2,295 for, 5,455,040 against).

FOR: 2,295 (0.0%)AGAINST: 5,455,040 (100.0%)

Largest asset managers voting on “Shareholder Proposal No. 1” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	2,780,704	Against
JPMorgan	0	2,605,343	Against
MASTER INVESTMENT PORTFOLIO	0	51,761	Against
Jackson National	0	15,487	Against
RBB FUND, INC.	2,295	0	For
Pacer Funds Trust	0	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	0	553	Against
ADVISORS SERIES TRUST	0	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	0	--

28. Shareholder Proposal No. 2

OTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

47.7% fund support · no official result

FOR 47.7%AGAINST 52.3%

The 9 asset managers below cast 47.7% of the shares they voted on this item FOR (2,605,343 for, 2,851,992 against).

FOR: 2,605,343 (47.7%)AGAINST: 2,851,992 (52.3%)

Largest asset managers voting on “Shareholder Proposal No. 2” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	2,780,704	Against
JPMorgan	2,605,343	0	For
MASTER INVESTMENT PORTFOLIO	0	51,761	Against
Jackson National	0	15,487	Against
RBB FUND, INC.	0	2,295	Against
Pacer Funds Trust	0	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	0	553	Against
ADVISORS SERIES TRUST	0	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	0	--

29. Shareholder Proposal No. 3

OTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5,457,335 against).

AGAINST: 5,457,335 (100.0%)

Largest asset managers voting on “Shareholder Proposal No. 3” at Bank of Montreal, 2024-2025
Asset manager	Against	Vote
BlackRock	2,780,704	Against
JPMorgan	2,605,343	Against
MASTER INVESTMENT PORTFOLIO	51,761	Against
Jackson National	15,487	Against
RBB FUND, INC.	2,295	Against
Pacer Funds Trust	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	553	Against
ADVISORS SERIES TRUST	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	--

30. Shareholder Proposal No. 4

OTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5,457,335 against).

AGAINST: 5,457,335 (100.0%)

Largest asset managers voting on “Shareholder Proposal No. 4” at Bank of Montreal, 2024-2025
Asset manager	Against	Vote
BlackRock	2,780,704	Against
JPMorgan	2,605,343	Against
MASTER INVESTMENT PORTFOLIO	51,761	Against
Jackson National	15,487	Against
RBB FUND, INC.	2,295	Against
Pacer Funds Trust	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	553	Against
ADVISORS SERIES TRUST	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	--

31. Shareholder Proposal No. 5

OTHER

Meeting held 2025-04-11; no official results are on file for this meeting.

47.9% fund support · no official result

FOR 47.9%AGAINST 52.1%

The 9 asset managers below cast 47.9% of the shares they voted on this item FOR (2,613,167 for, 2,844,168 against).

FOR: 2,613,167 (47.9%)AGAINST: 2,844,168 (52.1%)

Largest asset managers voting on “Shareholder Proposal No. 5” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	7,824	2,772,880	Against
JPMorgan	2,605,343	0	For
MASTER INVESTMENT PORTFOLIO	0	51,761	Against
Jackson National	0	15,487	Against
RBB FUND, INC.	0	2,295	Against
Pacer Funds Trust	0	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	0	553	Against
ADVISORS SERIES TRUST	0	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	0	--

32. Shareholder Proposal No. 6

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

47.9% fund support · no official result

FOR 47.9%AGAINST 52.1%

The 9 asset managers below cast 47.9% of the shares they voted on this item FOR (2,615,462 for, 2,841,873 against).

FOR: 2,615,462 (47.9%)AGAINST: 2,841,873 (52.1%)

Largest asset managers voting on “Shareholder Proposal No. 6” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	7,824	2,772,880	Against
JPMorgan	2,605,343	0	For
MASTER INVESTMENT PORTFOLIO	0	51,761	Against
Jackson National	0	15,487	Against
RBB FUND, INC.	2,295	0	For
Pacer Funds Trust	0	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	0	553	Against
ADVISORS SERIES TRUST	0	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	0	--

33. Shareholder Proposal No. 7

COMPENSATION

Meeting held 2025-04-11; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 9 asset managers below cast 0.1% of the shares they voted on this item FOR (2,295 for, 5,455,040 against).

FOR: 2,295 (0.0%)AGAINST: 5,455,040 (100.0%)

Largest asset managers voting on “Shareholder Proposal No. 7” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
BlackRock	0	2,780,704	Against
JPMorgan	0	2,605,343	Against
MASTER INVESTMENT PORTFOLIO	0	51,761	Against
Jackson National	0	15,487	Against
RBB FUND, INC.	2,295	0	For
Pacer Funds Trust	0	1,129	Against
CITY NATIONAL ROCHDALE FUNDS	0	553	Against
ADVISORS SERIES TRUST	0	63	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	0	--

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

CORPORATE GOVERNANCE

Meeting held 2025-04-11; no official results are on file for this meeting.

0.2% fund support · no official result

AGAINST 99.8%

The 9 asset managers below cast 0.2% of the shares they voted on this item FOR (5,157 for, 3,836,214 against).

FOR: 5,157 (0.1%)AGAINST: 3,836,214 (99.9%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	1,928,312	Against
Federated Hermes	0	1,675,425	Against
Hartford	0	177,312	Against
Brinker Capital Destinations Trust	0	31,650	Against
Russell Investments	0	20,098	Against
Union Investment Institutional GmbH	4,000	0	For
Brighthouse	0	2,729	Against
Union Investment Privatfonds GmbH	1,157	0	For
ETFis Series Trust I	0	688	Against

35. Appointment of Auditor

AUDIT-RELATED

Meeting held 2025-04-11; no official results are on file for this meeting.

100% fund support · no official result

FOR 96%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (3,691,257 for, 0 against).

FOR: 3,691,257 (96.2%)ABSTAIN: 144,957 (3.8%)

Largest asset managers voting on “Appointment of Auditor” at Bank of Montreal, 2024-2025
Asset manager	For	Abstain	Vote
Charles Schwab	1,928,312	0	For
Federated Hermes	1,675,425	0	For
Hartford	35,084	142,228	Abstain
Brinker Capital Destinations Trust	31,650	0	For
Russell Investments	20,098	0	For
Brighthouse	0	2,729	Abstain
ETFis Series Trust I	688	0	For

36. Shareholder Proposal Regarding Adhering to Voluntary Code of Conduct on AI Systems

OTHER SOCIAL ISSUES

Meeting held 2025-04-11; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 7 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 3,836,214 against).

AGAINST: 3,836,214 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Adhering to Voluntary Code of Conduct on AI Systems” at Bank of Montreal, 2024-2025
Asset manager	Against	Vote
Charles Schwab	1,928,312	Against
Federated Hermes	1,675,425	Against
Hartford	177,312	Against
Brinker Capital Destinations Trust	31,650	Against
Russell Investments	20,098	Against
Brighthouse	2,729	Against
ETFis Series Trust I	688	Against

37. Shareholder Proposal Regarding Disclosure of Employee Language Fluency

CORPORATE GOVERNANCE

Meeting held 2025-04-11; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 7 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 3,836,214 against).

AGAINST: 3,836,214 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Employee Language Fluency” at Bank of Montreal, 2024-2025
Asset manager	Against	Vote
Charles Schwab	1,928,312	Against
Federated Hermes	1,675,425	Against
Hartford	177,312	Against
Brinker Capital Destinations Trust	31,650	Against
Russell Investments	20,098	Against
Brighthouse	2,729	Against
ETFis Series Trust I	688	Against

38. Shareholder Proposal Regarding Energy Supply Ratio

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

5% fund support · no official result

AGAINST 95%

The 7 asset managers below cast 5% of the shares they voted on this item FOR (180,729 for, 3,655,485 against).

FOR: 180,729 (4.7%)AGAINST: 3,655,485 (95.3%)

Largest asset managers voting on “Shareholder Proposal Regarding Energy Supply Ratio” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	1,928,312	Against
Federated Hermes	0	1,675,425	Against
Hartford	177,312	0	For
Brinker Capital Destinations Trust	0	31,650	Against
Russell Investments	0	20,098	Against
Brighthouse	2,729	0	For
ETFis Series Trust I	688	0	For

39. Shareholder Proposal Regarding Lobbying Activity Alignment with the Paris Agreement

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

5% fund support · no official result

AGAINST 95%

The 7 asset managers below cast 5% of the shares they voted on this item FOR (180,729 for, 3,655,485 against).

FOR: 180,729 (4.7%)AGAINST: 3,655,485 (95.3%)

Largest asset managers voting on “Shareholder Proposal Regarding Lobbying Activity Alignment with the Paris Agreement” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	1,928,312	Against
Federated Hermes	0	1,675,425	Against
Hartford	177,312	0	For
Brinker Capital Destinations Trust	0	31,650	Against
Russell Investments	0	20,098	Against
Brighthouse	2,729	0	For
ETFis Series Trust I	688	0	For

40. Shareholder Proposal Regarding Say on Climate

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-11; no official results are on file for this meeting.

0.6% fund support · no official result

AGAINST 99.4%

The 7 asset managers below cast 0.6% of the shares they voted on this item FOR (20,098 for, 3,816,116 against).

FOR: 20,098 (0.5%)AGAINST: 3,816,116 (99.5%)

Largest asset managers voting on “Shareholder Proposal Regarding Say on Climate” at Bank of Montreal, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	1,928,312	Against
Federated Hermes	0	1,675,425	Against
Hartford	0	177,312	Against
Brinker Capital Destinations Trust	0	31,650	Against
Russell Investments	20,098	0	For
Brighthouse	0	2,729	Against
ETFis Series Trust I	0	688	Against

Showing the 40 reported items with the widest manager coverage, of 49 in total. View every item.

Largest Bank of Montreal shareholders voting in 2024-2025

Ranked by the number of Bank of Montreal shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 729,585,048 shares outstanding at the time of that meeting.

Top Bank of Montreal shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	4.33%
2	1832 Asset Management L.P.	1.19%
3	SCOTIA CAPITAL INC.	0.62%
4	JARISLOWSKY, FRASER Ltd	0.53%
5	Fiera Capital Corp	0.49%
6	JPMorgan	0.36%
7	Cardinal Capital Management, Inc.	0.17%
8	Northern Trust	0.15%
9	LETKO, BROSSEAU & ASSOCIATES INC	0.15%
10	Foyston, Gordon & Payne Inc	0.10%

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 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock, Inc.	5.07%	13G
Vanguard Group	4.25%	13F
Norges Bank	1.01%	13F
FMR (Fidelity)	0.68%	13F
Geode Capital	0.67%	13F
Goldman Sachs	0.58%	13F
JPMorgan Chase	0.54%	13F
Dimensional Fund Advisors	0.49%	13F
Morgan Stanley	0.36%	13F
D.E. Shaw	0.28%	13F

Percentages above are of 729,585,048 shares outstanding, as reported by Bank of Montreal on its Form 40-F dated 2024-10-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 2024-10-31. 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 2025-04-11, in the 2024-2025 proxy season, 298 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,610 separate fund positions. Their filings are grouped here into 49 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 99.6% 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 · 2024-2025 (this page) · 2025-2026.