23,338,039
Vote Records
27,979
Companies
11,817
Funds
4,051
Managers

Home › Companies › BKW AG › 2025-2026

BKW AG 2025-2026 Proxy Voting Records

At BKW AG's shareholder meeting held April 28, 2026, in the 2025-2026 proxy season, 54 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,241 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 — APPROVE REMUNERATION REPORT (NON-BINDING) — the reporting funds and managers cast 99.7% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 41Reported items
  • 54Asset managers
  • 3,241Fund votes
  • April 28, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from BKW AG has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

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

Explore BKW AG in the interactive database Compare manager voting policies

How asset managers voted at the BKW AG 2025-2026 meeting

Each item below shows how the 54 asset managers that disclosed a BKW AG 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 BKW AG’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. ELECT MARTIN KELLER AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “ELECT MARTIN KELLER AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT MARTIN KELLER AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

2. REELECT CAROLE ACKERMANN AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT CAROLE ACKERMANN AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT CAROLE ACKERMANN AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

3. REELECT LINDA DE WINTER AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT LINDA DE WINTER AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT LINDA DE WINTER AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

4. REELECT MARTIN A PORTA AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT MARTIN A PORTA AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT MARTIN A PORTA AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

5. REELECT PETRA DENK AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT PETRA DENK AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT PETRA DENK AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

6. REELECT REBECCA GUNTERN AS DIRECTOR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT REBECCA GUNTERN AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT REBECCA GUNTERN AS DIRECTOR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

7. REELECT ROGER BAILLOD AS DIRECTOR AND BOARD CHAIR

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “REELECT ROGER BAILLOD AS DIRECTOR AND BOARD CHAIR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REELECT ROGER BAILLOD AS DIRECTOR AND BOARD CHAIR” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

8. Appoint martin a porta as member of the personnel and compensation committee

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 44 asset managers

Description as filed by funds: APPOINT MARTIN A PORTA AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 42 asset managers voting on “APPOINT MARTIN A PORTA AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 42 managers: 1,754,006 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPOINT MARTIN A PORTA AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

9. Reappoint andreas rickenbacher as member of the personnel and compensation committee

99.5% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 44 asset managers

Description as filed by funds: REAPPOINT ANDREAS RICKENBACHER AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 42 asset managers voting on “REAPPOINT ANDREAS RICKENBACHER AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust426,340 00Against
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 42 managers: 1,746,277 for, 7,729 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REAPPOINT ANDREAS RICKENBACHER AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

10. Reappoint rebecca guntern as member of the personnel and compensation committee

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 44 asset managers

Description as filed by funds: REAPPOINT REBECCA GUNTERN AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 42 asset managers voting on “REAPPOINT REBECCA GUNTERN AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 42 managers: 1,754,006 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “REAPPOINT REBECCA GUNTERN AS MEMBER OF THE PERSONNEL AND COMPENSATION COMMITTEE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

11. Elect Andreas Rickenbacher

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Andreas Rickenbacher” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

12. Elect Carole Ackermann

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Carole Ackermann” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

13. Elect Linda de Winter

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Linda de Winter” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

14. Elect Martin Keller

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Martin Keller” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

15. Elect Martin a Porta

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Martin a Porta” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

16. Elect Petra Denk

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Petra Denk” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

17. Elect Rebecca Guntern

No official resultsDIRECTOR ELECTIONS

50.0% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 41 against, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41AGAINST: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Rebecca Guntern” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse4141 00Mixed
Adviser Managed Trust00 00Not Voted

18. Elect Roger Baillod

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Elect Roger Baillod” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

19. Amend articles of association

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: AMEND ARTICLES OF ASSOCIATION

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “AMEND ARTICLES OF ASSOCIATION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “AMEND ARTICLES OF ASSOCIATION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

20. Amendments to Articles (Bundled)

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Amendments to Articles (Bundled)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

21. Accept financial statements and statutory reports

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

22. Approve allocation of income and dividends of CHF 3.80 per share

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF CHF 3.80 PER SHARE

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF CHF 3.80 PER SHARE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF CHF 3.80 PER SHARE” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

23. Approve discharge of board and senior management

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: APPROVE DISCHARGE OF BOARD AND SENIOR MANAGEMENT

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE DISCHARGE OF BOARD AND SENIOR MANAGEMENT” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPROVE DISCHARGE OF BOARD AND SENIOR MANAGEMENT” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

24. Approve non-financial report

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: APPROVE NON-FINANCIAL REPORT

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE NON-FINANCIAL REPORT” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,0330 820For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,753,077 for, 1,338 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPROVE NON-FINANCIAL REPORT” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

25. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Accounts and Reports” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

26. Allocation of Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Allocation of Dividends” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

27. Ratification of Board and Management Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Ratification of Board and Management Acts” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

28. Report on Non-Financial Matters

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Report on Non-Financial Matters” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

29. Designate daniela byland as independent proxy

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: DESIGNATE DANIELA BYLAND AS INDEPENDENT PROXY

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “DESIGNATE DANIELA BYLAND AS INDEPENDENT PROXY” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “DESIGNATE DANIELA BYLAND AS INDEPENDENT PROXY” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

30. Transact other business (voting)

32% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 44 asset managers

Description as filed by funds: TRANSACT OTHER BUSINESS (VOTING)

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 42 asset managers voting on “TRANSACT OTHER BUSINESS (VOTING)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard0587,996 00Against
BlackRock571,1400 4,0810For
Invesco0205,889 00Against
Dimensional099,411 00Against
Advisors' Inner Circle Fund III058,232 00Against
AQR052,269 00Against
TIAA051,361 00Against
Six Circles Trust00 35,2590Abstain
DWS09,895 00Against
American Century08,893 00Against
Fidelity08,011 00Against
Northern Trust06,382 00Against
GMO06,330 00Against
John Hancock05,463 00Against
Equitable01,020 3,4160Mixed
Empower04,101 00Against
WisdomTree03,931 00Against
State Street03,880 00Against
Lincoln Financial03,406 00Against
HC CAPITAL TRUST02,906 00Against
Voya02,667 00Against
T. Rowe Price02,142 00Against
Brighthouse02,115 00Against
MASTER INVESTMENT PORTFOLIO1,2980 5240Mixed
Nationwide00 1,6680Abstain

Fund voting reports, all 42 managers: 573,965 for, 1,133,224 against, 46,817 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “TRANSACT OTHER BUSINESS (VOTING)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP087,828 00Against

Institutional-manager reports, all 1 managers: 87,828 against.

31. Appointment of Independent Proxy

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Appointment of Independent Proxy” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

32. Transaction of Other Business

No official resultsCORPORATE GOVERNANCE

0% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 against, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 41NOT VOTED: 87,043
Largest asset managers voting on “Transaction of Other Business” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse041 00Against
Adviser Managed Trust00 00Not Voted

33. Approve remuneration of directors in the amount of CHF 1.8 million

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF CHF 1.8 MILLION

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF CHF 1.8 MILLION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF CHF 1.8 MILLION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

34. Approve remuneration of executive committee in the amount of CHF 11.8 million

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 45 asset managers

Description as filed by funds: APPROVE REMUNERATION OF EXECUTIVE COMMITTEE IN THE AMOUNT OF CHF 11.8 MILLION

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE REMUNERATION OF EXECUTIVE COMMITTEE IN THE AMOUNT OF CHF 11.8 MILLION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “APPROVE REMUNERATION OF EXECUTIVE COMMITTEE IN THE AMOUNT OF CHF 11.8 MILLION” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

35. Board Compensation

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Board Compensation” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

36. Approve remuneration report (non-binding)

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

99.7% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 48 asset managers

Description as filed by funds: APPROVE REMUNERATION REPORT (NON-BINDING)

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “APPROVE REMUNERATION REPORT (NON-BINDING)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock4,742721 00Mixed
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street03,880 00Against
Lincoln Financial1,1132,293 00Mixed
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,747,027 for, 7,388 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 7 asset managers voting on “APPROVE REMUNERATION REPORT (NON-BINDING)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock1,095,7160 00For
RWC Asset Management LLP87,8280 00For
JPMorgan11,0280 00For
Northern Trust1,6480 00For
Siemens Fonds Invest GmbH3650 00For
Korea Investment CORP3290 00For
SILVERCREST ASSET MANAGEMENT GROUP LLC1080 00For

Institutional-manager reports, all 7 managers: 1,197,022 for.

37. Compensation Report

0% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 against, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 41NOT VOTED: 87,043
Largest asset managers voting on “Compensation Report” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse041 00Against
Adviser Managed Trust00 00Not Voted

38. Executive Compensation (Total)

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Executive Compensation (Total)” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

39. Ratify PricewaterhouseCoopers AG as Auditors

Combines 2 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 45 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 43 asset managers voting on “Ratify PricewaterhouseCoopers AG as Auditors” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard587,9960 00For
BlackRock575,2210 00For
Invesco205,8890 00For
Dimensional99,4110 00For
Advisors' Inner Circle Fund III58,2320 00For
AQR52,2690 00For
TIAA51,3610 00For
Six Circles Trust35,2590 00For
DWS9,8950 00For
American Century8,8930 00For
Fidelity8,0110 00For
Northern Trust6,3820 00For
GMO6,3300 00For
John Hancock5,4630 00For
Equitable4,4360 00For
Empower4,1010 00For
WisdomTree3,9310 00For
State Street3,8800 00For
Lincoln Financial3,4060 00For
HC CAPITAL TRUST2,9060 00For
Voya2,6670 00For
T. Rowe Price2,1420 00For
Brighthouse2,1150 00For
MASTER INVESTMENT PORTFOLIO1,8220 00For
Nationwide1,6680 00For

Fund voting reports, all 43 managers: 1,754,415 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Ratify PricewaterhouseCoopers AG as Auditors” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP87,8280 00For

Institutional-manager reports, all 1 managers: 87,828 for.

40. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

NOT VOTED
Details: votes by 8 asset managers

The 8 asset managers below reported 41 for, 87,043 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 41NOT VOTED: 87,043
Largest asset managers voting on “Appointment of Auditor” at BKW AG, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 00Not Voted
Russell Investments00 00Not Voted
SEI00 00Not Voted
Nationwide00 00Not Voted
Principal00 00Not Voted
Venerable Variable Insurance Trust00 00Not Voted
Brighthouse410 00For
Adviser Managed Trust00 00Not Voted

Showing the 40 reported items with the widest manager coverage, of 41 in total. Every item is in the interactive database (link above).

Largest BKW AG shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top BKW AG shareholders by shares voted on “APPROVE REMUNERATION REPORT (NON-BINDING)”, 2025-2026
#Asset manager Shares voted
1Vanguard 587,996
2BlackRock 575,221
3Invesco 205,889
4Dimensional 99,411
5Advisors' Inner Circle Fund III 58,232
6AQR 52,269
7TIAA 51,361
8Six Circles Trust 35,259
9DWS 9,895
10American Century 8,893
Institutional-manager reports: top BKW AG shareholders by shares voted on “APPROVE REMUNERATION REPORT (NON-BINDING)”, 2025-2026
#Asset manager Shares voted
1BlackRock 1,095,716
2RWC Asset Management LLP 87,828
3JPMorgan 11,028
4Northern Trust 1,648
5Siemens Fonds Invest GmbH 365
6Korea Investment CORP 329
7SILVERCREST ASSET MANAGEMENT GROUP LLC 108

Shown as share counts, not percentages: no shares-outstanding figure has been matched to BKW AG for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

BKW AG proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “BKW AG 2026 Annual Meeting: Shareholder Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/bkw-ag/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.