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Home › Companies › Boralex Inc. › 2025-2026

Boralex Inc. 2025-2026 Proxy Voting Records

At Boralex Inc.'s shareholder meeting held June 4, 2026, in the 2025-2026 proxy season, 61 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,008 separate fund positions. Their filings are grouped here into 22 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 — ELECT DIRECTOR LISE CROTEAU — the reporting funds and managers cast 100% 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.

  • 22Reported items
  • 61Asset managers
  • 1,008Fund votes
  • June 4, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Boralex Inc. 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 Boralex Inc. in the interactive database Compare manager voting policies

How asset managers voted at the Boralex Inc. 2025-2026 meeting

Each item below shows how the 61 asset managers that disclosed a Boralex Inc. 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 Boralex Inc.’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 DIRECTOR LISE CROTEAU

Combines 4 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 40 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: 38 asset managers voting on “ELECT DIRECTOR LISE CROTEAU” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR LISE CROTEAU” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

2. ELECT DIRECTOR DANY ST-PIERRE

Combines 3 wordings of this item as funds reported it.

99.0% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 40 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: 38 asset managers voting on “ELECT DIRECTOR DANY ST-PIERRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert067,898 00Against
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,770,899 for, 68,149 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR DANY ST-PIERRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

3. ELECT DIRECTOR DOMINIQUE MINIERE

Combines 7 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 40 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: 38 asset managers voting on “ELECT DIRECTOR DOMINIQUE MINIERE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR DOMINIQUE MINIERE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

4. ELECT DIRECTOR MARIE-CLAUDE DUMAS

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR MARIE-CLAUDE DUMAS” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR MARIE-CLAUDE DUMAS” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

5. ELECT DIRECTOR NADIA MARTEL

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR NADIA MARTEL” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR NADIA MARTEL” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

6. ELECT DIRECTOR PATRICK DECOSTRE

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR PATRICK DECOSTRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR PATRICK DECOSTRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

7. ELECT DIRECTOR PATRICK LEMAIRE

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR PATRICK LEMAIRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR PATRICK LEMAIRE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

8. ELECT DIRECTOR RICKY FONTAINE

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR RICKY FONTAINE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR RICKY FONTAINE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

9. ELECT DIRECTOR TED DI GIORGIO

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR TED DI GIORGIO” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR TED DI GIORGIO” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

10. ELECT DIRECTOR ZIN SMATI

Combines 3 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 40 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: 38 asset managers voting on “ELECT DIRECTOR ZIN SMATI” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
ALTSHARES TRUST47,8000 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For

Fund voting reports, all 38 managers: 6,839,048 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR ZIN SMATI” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

11. ELECT DIRECTOR ANDRE COURVILLE

Combines 6 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 38 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: 36 asset managers voting on “ELECT DIRECTOR ANDRE COURVILLE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For
Brighthouse10,5080 00For

Fund voting reports, all 36 managers: 6,791,041 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR ANDRE COURVILLE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

12. ELECT DIRECTOR REMI G. LALONDE

Combines 5 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 38 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: 36 asset managers voting on “ELECT DIRECTOR REMI G. LALONDE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
BlackRock763,8310 00For
MERGER FUND425,9430 00For
Charles Schwab308,0210 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
NEW ALTERNATIVES FUND125,0000 00For
Invesco114,6510 00For
Total Fund Solution84,5320 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Jackson National31,8630 00For
Global X23,5350 00For
Virtus22,3030 00For
Brookfield Investment Funds15,3070 00For
ProShares13,8000 00For
Principal11,4300 00For
Brighthouse10,5080 00For

Fund voting reports, all 36 managers: 6,791,041 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “ELECT DIRECTOR REMI G. LALONDE” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

13. Approve Acquisition by BIF Thunder Holdings Inc.

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

FOR
Details: votes by 26 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: 24 asset managers voting on “Approve Acquisition by BIF Thunder Holdings Inc.” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
MERGER FUND425,9430 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
Invesco114,6510 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Virtus22,3030 00For
ProShares13,8000 00For
Principal11,4300 00For
Brighthouse10,5080 00For
Lincoln Financial7,7750 00For
Goldman Sachs7,6380 00For
JANUS ASPEN SERIES7,1020 00For
FINANCIAL INVESTORS TRUST5,0290 00For
MERGER FUND VL4,1430 00For
Northern Trust1040 00For

Fund voting reports, all 24 managers: 5,431,462 for.

Institutional-manager reports: 1 asset manager voting on “Approve Acquisition by BIF Thunder Holdings Inc.” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

14. To consider and, if deemed advisable, to pass, with or without variation, a special resolution (the "arrangement…

No official resultsEXTRAORDINARY TRANSACTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO CONSIDER AND, IF DEEMED ADVISABLE, TO PASS, WITH OR WITHOUT VARIATION, A SPECIAL RESOLUTION (THE "ARRANGEMENT RESOLUTION"), THE FULL TEXT OF WHICH IS SET FORTH IN APPENDIX C ATTACHED TO THE ACCOMPANYING MANAGEMENT INFORMATION CIRCULAR

The 8 asset managers below reported 989,201 for. 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: 989,201
Largest asset managers voting on “TO CONSIDER AND, IF DEEMED ADVISABLE, TO PASS, WITH OR WITHOUT VARIATION, A SPECIAL RESOLUTION (THE "ARRANGEME” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock763,8310 00For
NEW ALTERNATIVES FUND125,0000 00For
ALTSHARES TRUST47,8000 00For
Jackson National31,8630 00For
Brookfield Investment Funds15,3070 00For
John Hancock4,0100 00For
Gabelli1,3000 00For
Brookfield Real Assets Income Fund Inc.900 00For

15. Merger (Acquisition by BIF Thunder Holdings Inc.)

No official resultsEXTRAORDINARY TRANSACTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 418,385 for. 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: 418,385
Largest asset managers voting on “Merger (Acquisition by BIF Thunder Holdings Inc.)” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab308,0210 00For
Total Fund Solution84,5320 00For
Global X23,5350 00For
VanEck ETF Trust2,0460 00For
Northern Lights Fund Trust IV2070 00For
PACE SELECT ADVISORS TRUST440 00For

16. Advisory Vote on Executive Compensation Approach

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

FOR
Details: votes by 29 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: 24 asset managers voting on “Advisory Vote on Executive Compensation Approach” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
MERGER FUND425,9430 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
Invesco114,6510 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Virtus22,3030 00For
ProShares13,8000 00For
Principal11,4300 00For
Brighthouse10,5080 00For
Lincoln Financial7,7750 00For
Goldman Sachs7,6380 00For
JANUS ASPEN SERIES7,1020 00For
FINANCIAL INVESTORS TRUST5,0290 00For
MERGER FUND VL4,1430 00For
Northern Trust1040 00For

Fund voting reports, all 24 managers: 5,431,462 for.

Institutional-manager reports: 4 asset managers voting on “Advisory Vote on Executive Compensation Approach” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock531,9350 00For
RWC Asset Management LLP159,5380 00For
APG Asset Management US Inc.5,2920 00For
CIDEL ASSET MANAGEMENT INC1,3520 00For

Institutional-manager reports, all 4 managers: 698,117 for.

17. To adopt the non-binding advisory resolution agreeing to the Corporation's approach to executive compensation.

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

Combines 3 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 24 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: 8 asset managers voting on “To adopt the non-binding advisory resolution agreeing to the Corporation's approach to executive compensation.” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock763,8310 00For
NEW ALTERNATIVES FUND125,0000 00For
ALTSHARES TRUST47,8000 00For
Jackson National31,8630 00For
Brookfield Investment Funds15,3070 00For
John Hancock4,0100 00For
Gabelli1,3000 00For
Brookfield Real Assets Income Fund Inc.900 00For

Fund voting reports, all 8 managers: 989,201 for.

Institutional-manager reports: 17 asset managers voting on “To adopt the non-binding advisory resolution agreeing to the Corporation's approach to executive compensation.” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,768,3020 00For
TUDOR INVESTMENT CORP ET AL2,235,7330 00For
GLAZER CAPITAL, LLC733,2000 00For
National Bank Financial Inc.56,4130 00For
1832 Asset Management L.P.49,3200 00For
WATER ISLAND CAPITAL LLC47,8000 00For
Westchester Capital Management, LLC43,2930 00For
SCOTIA CAPITAL INC.33,6650 00For
NATIONAL BANK INVESTMENTS INC.29,3210 00For
Northern Trust25,8910 00For
Centiva Capital, LP10,0000 00For
WESTCHESTER CAPITAL PARTNERS, LLC4,3180 00For
Fiera Capital Corp4500 00For
ENVESTNET ASSET MANAGEMENT INC3830 00For
AGF MANAGEMENT LTD3000 00For
Pacifica Partners Inc.2000 00For
One Capital Management, LLC1310 00For

Institutional-manager reports, all 17 managers: 6,038,720 for.

18. Advisory Vote to Ratify Named Executive Officers' Compensation

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

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

FOR
Details: votes by 8 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: 6 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab308,0210 00For
Total Fund Solution84,5320 00For
Global X23,5350 00For
VanEck ETF Trust2,0460 00For
Northern Lights Fund Trust IV2070 00For
PACE SELECT ADVISORS TRUST440 00For

Fund voting reports, all 6 managers: 418,385 for.

Institutional-manager reports: 2 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
TD Waterhouse Canada Inc.240,1390 00For
LOUISBOURG INVESTMENTS INC.750 00For

Institutional-manager reports, all 2 managers: 240,214 for.

19. 14A Executive Compensation

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 4,480 for. 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: 4,480
Largest asset managers voting on “14A Executive Compensation” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Claret Asset Management Corp4,2400 00For
K.J. Harrison & Partners Inc2400 00For

20. Ratify PricewaterhouseCoopers LLP as Auditors

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

FOR
Details: votes by 26 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: 24 asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard2,930,7180 00For
Dimensional1,054,2200 00For
MERGER FUND425,9430 00For
New York Life160,9750 00For
Advisors' Inner Circle Fund III149,9110 00For
Fidelity149,7600 00For
Invesco114,6510 00For
Calvert67,8980 00For
TIAA63,3330 00For
American Century56,6580 00For
JANUS INVESTMENT FUND49,8470 00For
State Street44,5130 00For
AllianceBernstein38,8830 00For
ALPS ETF Trust34,3200 00For
Virtus22,3030 00For
ProShares13,8000 00For
Principal11,4300 00For
Brighthouse10,5080 00For
Lincoln Financial7,7750 00For
Goldman Sachs7,6380 00For
JANUS ASPEN SERIES7,1020 00For
FINANCIAL INVESTORS TRUST5,0290 00For
MERGER FUND VL4,1430 00For
Northern Trust1040 00For

Fund voting reports, all 24 managers: 5,431,462 for.

Institutional-manager reports: 1 asset manager voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP159,5380 00For

Institutional-manager reports, all 1 managers: 159,538 for.

21. To appoint Pricewaterhousecoopers llp/s.r.l./s.e.n.c.r.l., chartered professional accountants, as independent auditor…

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: TO APPOINT PRICEWATERHOUSECOOPERS LLP/S.R.L./S.E.N.C.R.L., CHARTERED PROFESSIONAL ACCOUNTANTS, AS INDEPENDENT AUDITOR OF THE CORPORATION FOR THE ENSUING YEAR

The 8 asset managers below reported 989,201 for. 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: 989,201
Largest asset managers voting on “TO APPOINT PRICEWATERHOUSECOOPERS LLP/S.R.L./S.E.N.C.R.L., CHARTERED PROFESSIONAL ACCOUNTANTS, AS INDEPENDENT ” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock763,8310 00For
NEW ALTERNATIVES FUND125,0000 00For
ALTSHARES TRUST47,8000 00For
Jackson National31,8630 00For
Brookfield Investment Funds15,3070 00For
John Hancock4,0100 00For
Gabelli1,3000 00For
Brookfield Real Assets Income Fund Inc.900 00For

22. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 418,385 for. 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: 418,385
Largest asset managers voting on “Appointment of Auditor” at Boralex Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab308,0210 00For
Total Fund Solution84,5320 00For
Global X23,5350 00For
VanEck ETF Trust2,0460 00For
Northern Lights Fund Trust IV2070 00For
PACE SELECT ADVISORS TRUST440 00For

Largest Boralex Inc. 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 Boralex Inc. shareholders by shares voted on “ELECT DIRECTOR LISE CROTEAU”, 2025-2026
#Asset manager Shares voted
1Vanguard 2,930,718
2Dimensional 1,054,220
3BlackRock 763,831
4MERGER FUND 425,943
5Charles Schwab 308,021
6New York Life 160,975
7Advisors' Inner Circle Fund III 149,911
8Fidelity 149,760
9NEW ALTERNATIVES FUND 125,000
10Invesco 114,651
Institutional-manager reports: top Boralex Inc. shareholders by shares voted on “To adopt the non-binding advisory resolution agreeing to the Corporation's approach to…”, 2025-2026
#Asset manager Shares voted
1BlackRock 2,768,302
2TUDOR INVESTMENT CORP ET AL 2,235,733
3GLAZER CAPITAL, LLC 733,200
4National Bank Financial Inc. 56,413
51832 Asset Management L.P. 49,320
6WATER ISLAND CAPITAL LLC 47,800
7Westchester Capital Management, LLC 43,293
8SCOTIA CAPITAL INC. 33,665
9NATIONAL BANK INVESTMENTS INC. 29,321
10Northern Trust 25,891

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Boralex Inc. 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.

Boralex Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Boralex Inc. 2026 Annual Meeting: Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/boralex-inc/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.