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CAE INC. 2024-2025 Proxy Voting Records

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

24Reported items
143Asset managers
2,119Fund votes
2024-08-14Meeting date

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

Explore CAE INC. in the interactive database Compare manager voting policies

How asset managers voted at the CAE INC. 2024-2025 meeting

Each item below shows how the 143 asset managers that disclosed a CAE 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 CAE 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. Approving the advisory (non-binding) resolution accepting the approach to executive compensation disclosed in the Information Circular.

SECTION 14A SAY-ON-PAY VOTES

Combines 6 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 93 asset managers below cast 99.6% of the shares they voted on this item FOR (47,124,980 for, 179,242 against).

FOR: 47,124,980 (99.6%)AGAINST: 179,242 (0.4%)

Largest asset managers voting on “Approving the advisory (non-binding) resolution accepting the approach to executive compensation disclosed in ” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
JARISLOWSKY, FRASER Ltd	15,009,312	160,422	For
BlackRock	14,945,511	12,495	For
1832 Asset Management L.P.	4,205,729	0	For
EdgePoint Investment Group Inc.	4,192,990	0	For
LETKO, BROSSEAU & ASSOCIATES INC	2,738,092	0	For
Corvex Management LP	1,185,910	0	For
JPMorgan	1,168,130	0	For
Galibier Capital Management Ltd.	942,830	0	For
PINNACLE ASSOCIATES LTD	561,966	0	For
Northern Trust	405,084	0	For
SCOTIA CAPITAL INC.	211,738	0	For
Natixis	199,783	0	For
Manning & Napier	192,248	0	For
ENVESTNET ASSET MANAGEMENT INC	156,328	0	For
Clearline Capital LP	123,247	0	For
National Bank Financial Inc.	88,188	0	For
TRUIST FINANCIAL CORP	83,195	0	For
Korea Investment CORP	59,796	0	For
John Hancock	58,108	0	For
Jackson National	56,640	0	For
AGF MANAGEMENT LTD	44,140	0	For
FORUM FUNDS	41,235	0	For
Six Circles Trust	37,225	0	For
ADVISOR PARTNERS II, LLC	28,329	0	For
CARILLON SERIES TRUST	26,385	0	For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

2. Election of Director: Alan N. MacGibbon

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 50 asset managers below cast 99.6% of the shares they voted on this item FOR (37,050,080 for, 135,523 against).

FOR: 37,050,080 (99.6%)AGAINST: 135,523 (0.4%)

Largest asset managers voting on “Election of Director: Alan N. MacGibbon” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	9,159,240	0	For
Fidelity	7,529,677	0	For
Artisan	4,186,348	0	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Virtus	1,316,706	0	For
Federated Hermes	1,251,240	0	For
BlackRock	1,244,353	0	For
JPMorgan	1,168,130	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
Datum One Series Trust	873,804	0	For
Charles Schwab	776,764	0	For
OLD WESTBURY FUNDS INC	738,074	0	For
Brighthouse	585,091	0	For
TIAA	363,552	0	For
State Street	284,656	0	For
Northwestern Mutual	252,900	0	For
Equitable	203,040	0	For
Manning & Napier	0	135,523	Against
NORTHERN LIGHTS FUND TRUST II	134,144	0	For
Russell Investments	79,818	0	For
2023 ETF Series Trust	66,969	0	For
AQR	59,602	0	For
John Hancock	58,108	0	For

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

3. ELECTION OF DIRECTOR: AYMAN ANTOUN

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: AYMAN ANTOUN” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

4. ELECTION OF DIRECTOR: ELISE EBERWEIN

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: ELISE EBERWEIN” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

5. ELECTION OF DIRECTOR: IAN L. EDWARDS

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: IAN L. EDWARDS” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

6. ELECTION OF DIRECTOR: MARC PARENT

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARC PARENT” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

7. ELECTION OF DIRECTOR: MARGARET S. (PEG) BILLSON

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 50 asset managers below cast 99.8% of the shares they voted on this item FOR (37,146,723 for, 38,880 against).

FOR: 37,146,723 (99.9%)AGAINST: 38,880 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARGARET S. (PEG) BILLSON” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

8. ELECTION OF DIRECTOR: MARIANNE HARRISON

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 50 asset managers below cast 99.8% of the shares they voted on this item FOR (37,146,723 for, 38,880 against).

FOR: 37,146,723 (99.9%)AGAINST: 38,880 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARIANNE HARRISON” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

9. ELECTION OF DIRECTOR: MARY LOU MAHER

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARY LOU MAHER” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

10. ELECTION OF DIRECTOR: PATRICK DECOSTRE

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: PATRICK DECOSTRE” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

11. ELECTION OF DIRECTOR: PATRICK M. SHANAHAN

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

93% fund support · no official result

FOR 93%7%

The 50 asset managers below cast 93% of the shares they voted on this item FOR (34,434,367 for, 2,751,236 against).

FOR: 34,434,367 (92.6%)AGAINST: 2,751,236 (7.4%)

Largest asset managers voting on “ELECTION OF DIRECTOR: PATRICK M. SHANAHAN” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	9,159,240	0	For
Fidelity	7,529,677	0	For
Artisan	4,186,348	0	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Virtus	1,316,706	0	For
Federated Hermes	0	1,251,240	Against
BlackRock	1,244,353	0	For
JPMorgan	1,168,130	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
Datum One Series Trust	873,804	0	For
Charles Schwab	0	776,764	Against
OLD WESTBURY FUNDS INC	738,074	0	For
Brighthouse	585,091	0	For
TIAA	363,552	0	For
State Street	0	284,656	Against
Northwestern Mutual	252,900	0	For
Equitable	96,069	106,971	Against
Manning & Napier	0	135,523	Against
NORTHERN LIGHTS FUND TRUST II	0	134,144	Against
Russell Investments	79,818	0	For
2023 ETF Series Trust	66,969	0	For
AQR	59,602	0	For
John Hancock	46,108	12,000	For

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

12. ELECTION OF DIRECTOR: SOPHIE BROCHU

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 50 asset managers below cast 100% of the shares they voted on this item FOR (37,185,603 for, 0 against).

FOR: 37,185,603 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: SOPHIE BROCHU” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

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

13. ELECTION OF DIRECTOR: FRANCOIS OLIVIER

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 49 asset managers below cast 99.8% of the shares they voted on this item FOR (37,145,145 for, 38,880 against).

FOR: 37,145,145 (99.9%)AGAINST: 38,880 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTOR: FRANCOIS OLIVIER” at CAE INC., 2024-2025
Asset manager	For	Vote
Vanguard	9,159,240	For
Fidelity	7,529,677	For
Artisan	4,186,348	For
Invesco	2,814,033	For
Legg Mason	1,668,900	For
Virtus	1,316,706	For
Federated Hermes	1,251,240	For
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Dimensional	964,861	For
American Century	884,672	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
OLD WESTBURY FUNDS INC	738,074	For
Brighthouse	585,091	For
TIAA	363,552	For
State Street	284,656	For
Northwestern Mutual	252,900	For
Equitable	203,040	For
Manning & Napier	135,523	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
AQR	59,602	For
John Hancock	58,108	For

Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.

14. Advisory Vote on Executive Compensation Approach

SECTION 14A SAY-ON-PAY VOTES

91% fund support · no official result

FOR 91%9%

The 35 asset managers below cast 91% of the shares they voted on this item FOR (30,766,993 for, 2,927,054 against).

FOR: 30,766,993 (91.3%)AGAINST: 2,927,054 (8.7%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	7,728,685	1,430,555	For
Fidelity	7,529,677	0	For
Artisan	3,316,972	869,376	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Desjardins Global Asset Management Inc.	1,339,775	0	For
Virtus	1,316,706	0	For
JPMorgan	1,207,415	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
OLD WESTBURY FUNDS INC	738,074	0	For
Brighthouse	3,068	582,023	Against
TIAA	363,552	0	For
State Street	284,656	0	For
Northwestern Mutual	252,900	0	For
Equitable	96,069	0	For
APG Asset Management US Inc.	69,956	0	For
AQR	59,602	0	For
Advisors' Inner Circle Fund II	0	45,100	Against
DSM CAPITAL PARTNERS LLC	25,230	0	For
Northern Trust	21,193	0	For
Calvert	19,361	0	For
STEWARD FUNDS, INC.	11,162	0	For
BNY Mellon	10,622	0	For
Lincoln Financial	9,463	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

15. Elect Director David G. Perkins

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 34 asset managers below cast 99.8% of the shares they voted on this item FOR (34,293,478 for, 38,880 against).

FOR: 34,293,478 (99.9%)AGAINST: 38,880 (0.1%)

Largest asset managers voting on “Elect Director David G. Perkins” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	9,159,240	0	For
Fidelity	7,529,677	0	For
Artisan	4,186,348	0	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Virtus	1,316,706	0	For
Federated Hermes	1,251,240	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
Datum One Series Trust	873,804	0	For
Charles Schwab	776,764	0	For
OLD WESTBURY FUNDS INC	738,074	0	For
Brighthouse	585,091	0	For
TIAA	363,552	0	For
State Street	284,656	0	For
Northwestern Mutual	252,900	0	For
Equitable	203,040	0	For
NORTHERN LIGHTS FUND TRUST II	134,144	0	For
Russell Investments	79,818	0	For
2023 ETF Series Trust	66,969	0	For
AQR	59,602	0	For
Advisors' Inner Circle Fund II	45,100	0	For
Northern Trust	4,476	16,717	Against
Calvert	0	19,361	Against
STEWARD FUNDS, INC.	11,162	0	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

16. Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

AUDIT-RELATED

100% fund support · no official result

FOR 95%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (29,566,993 for, 0 against).

FOR: 29,566,993 (95.2%)ABSTAIN: 1,475,655 (4.8%)

Largest asset managers voting on “Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration” at CAE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	7,728,685	1,430,555	For
Fidelity	7,529,677	0	For
Artisan	4,186,348	0	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Virtus	1,316,706	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
OLD WESTBURY FUNDS INC	738,074	0	For
Brighthouse	585,091	0	For
TIAA	363,552	0	For
State Street	284,656	0	For
Northwestern Mutual	252,900	0	For
Equitable	96,069	0	For
AQR	59,602	0	For
Advisors' Inner Circle Fund II	0	45,100	Abstain
Northern Trust	21,193	0	For
Calvert	19,361	0	For
STEWARD FUNDS, INC.	11,162	0	For
BNY Mellon	10,622	0	For
Lincoln Financial	9,463	0	For
WILMINGTON FUNDS	6,216	0	For
DWS	5,791	0	For
Morgan Stanley	4,596	0	For
Transamerica	2,806	0	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

17. Re-approve Shareholder Rights Plan

SHAREHOLDER RIGHTS AND DEFENSES

98% fund support · no official result

FOR 98%

The 28 asset managers below cast 98% of the shares they voted on this item FOR (30,304,574 for, 738,074 against).

FOR: 30,304,574 (97.6%)AGAINST: 738,074 (2.4%)

Largest asset managers voting on “Re-approve Shareholder Rights Plan” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	9,159,240	0	For
Fidelity	7,529,677	0	For
Artisan	4,186,348	0	For
Invesco	2,814,033	0	For
Legg Mason	1,668,900	0	For
Virtus	1,316,706	0	For
Dimensional	964,861	0	For
American Century	884,672	0	For
OLD WESTBURY FUNDS INC	0	738,074	Against
Brighthouse	585,091	0	For
TIAA	363,552	0	For
State Street	284,656	0	For
Northwestern Mutual	252,900	0	For
Equitable	96,069	0	For
AQR	59,602	0	For
Advisors' Inner Circle Fund II	45,100	0	For
Northern Trust	21,193	0	For
Calvert	19,361	0	For
STEWARD FUNDS, INC.	11,162	0	For
BNY Mellon	10,622	0	For
Lincoln Financial	9,463	0	For
WILMINGTON FUNDS	6,216	0	For
DWS	5,791	0	For
Morgan Stanley	4,596	0	For
Transamerica	2,806	0	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

18. APPOINTING PRICEWATERHOUSECOOPERS, LLP AS AUDITORS AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION.

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 16 asset managers below cast 95% of the shares they voted on this item FOR (2,717,722 for, 135,523 against).

FOR: 2,717,722 (95.3%)AGAINST: 135,523 (4.7%)

Largest asset managers voting on “APPOINTING PRICEWATERHOUSECOOPERS, LLP AS AUDITORS AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION.” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	1,244,353	0	For
JPMorgan	1,168,130	0	For
Manning & Napier	0	135,523	Against
John Hancock	58,108	0	For
Jackson National	56,640	0	For
FORUM FUNDS	41,235	0	For
Six Circles Trust	37,225	0	For
CARILLON SERIES TRUST	26,385	0	For
TOUCHSTONE STRATEGIC TRUST	25,230	0	For
MASTER INVESTMENT PORTFOLIO	23,225	0	For
TRUST FOR PROFESSIONAL MANAGERS	13,445	0	For
PFM Multi-Manager Series Trust	9,879	0	For
Allianz	8,449	0	For
Forethought Variable Insurance Trust	3,667	0	For
RBB FUND, INC.	1,578	0	For
CITY NATIONAL ROCHDALE FUNDS	173	0	For

19. APPROVING THE ORDINARY RESOLUTION RECONFIRMING CAE INC.S RIGHTS PLAN AS DESCRIBED IN THE INFORMATION CIRCULAR.

SHAREHOLDER RIGHTS AND DEFENSES

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (2,853,245 for, 0 against).

FOR: 2,853,245 (100.0%)

Largest asset managers voting on “APPROVING THE ORDINARY RESOLUTION RECONFIRMING CAE INC.S RIGHTS PLAN AS DESCRIBED IN THE INFORMATION CIRCULAR.” at CAE INC., 2024-2025
Asset manager	For	Vote
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Manning & Napier	135,523	For
John Hancock	58,108	For
Jackson National	56,640	For
FORUM FUNDS	41,235	For
Six Circles Trust	37,225	For
CARILLON SERIES TRUST	26,385	For
TOUCHSTONE STRATEGIC TRUST	25,230	For
MASTER INVESTMENT PORTFOLIO	23,225	For
TRUST FOR PROFESSIONAL MANAGERS	13,445	For
PFM Multi-Manager Series Trust	9,879	For
Allianz	8,449	For
Forethought Variable Insurance Trust	3,667	For
RBB FUND, INC.	1,578	For
CITY NATIONAL ROCHDALE FUNDS	173	For

20. ELECTION OF DIRECTOR: GEN. DAVID G. PERKINS, USA (RET.)

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (2,853,245 for, 0 against).

FOR: 2,853,245 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: GEN. DAVID G. PERKINS, USA (RET.)” at CAE INC., 2024-2025
Asset manager	For	Vote
BlackRock	1,244,353	For
JPMorgan	1,168,130	For
Manning & Napier	135,523	For
John Hancock	58,108	For
Jackson National	56,640	For
FORUM FUNDS	41,235	For
Six Circles Trust	37,225	For
CARILLON SERIES TRUST	26,385	For
TOUCHSTONE STRATEGIC TRUST	25,230	For
MASTER INVESTMENT PORTFOLIO	23,225	For
TRUST FOR PROFESSIONAL MANAGERS	13,445	For
PFM Multi-Manager Series Trust	9,879	For
Allianz	8,449	For
Forethought Variable Insurance Trust	3,667	For
RBB FUND, INC.	1,578	For
CITY NATIONAL ROCHDALE FUNDS	173	For

21. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (6,076,810 for, 0 against).

FOR: 6,076,810 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at CAE INC., 2024-2025
Asset manager	For	Vote
Federated Hermes	1,251,240	For
TD ASSET MANAGEMENT INC	1,097,249	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
TD Waterhouse Canada Inc.	677,572	For
GROUPAMA ASSET MANAGMENT	670,231	For
Beutel, Goodman & Co Ltd.	341,983	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Equitable	106,971	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For
Regime de rentes du Mouvement Desjardins	65	For

22. Appointment of Auditor and Authority to Set Fees

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (3,289,710 for, 0 against).

FOR: 3,289,710 (100.0%)

Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at CAE INC., 2024-2025
Asset manager	For	Vote
Federated Hermes	1,251,240	For
Datum One Series Trust	873,804	For
Charles Schwab	776,764	For
NORTHERN LIGHTS FUND TRUST II	134,144	For
Equitable	106,971	For
Russell Investments	79,818	For
2023 ETF Series Trust	66,969	For

23. Re-Approval of the Rights Plan

SHAREHOLDER RIGHTS AND DEFENSES

71% fund support · no official result

FOR 71%AGAINST 29%

The 7 asset managers below cast 71% of the shares they voted on this item FOR (2,348,937 for, 940,773 against).

FOR: 2,348,937 (71.4%)AGAINST: 940,773 (28.6%)

Largest asset managers voting on “Re-Approval of the Rights Plan” at CAE INC., 2024-2025
Asset manager	For	Against	Vote
Federated Hermes	1,251,240	0	For
Datum One Series Trust	0	873,804	Against
Charles Schwab	776,764	0	For
NORTHERN LIGHTS FUND TRUST II	134,144	0	For
Equitable	106,971	0	For
Russell Investments	79,818	0	For
2023 ETF Series Trust	0	66,969	Against

24. Advisory (non-binding) resolution on executive compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (535,413 for, 0 against).

FOR: 535,413 (100.0%)

Largest asset managers voting on “Advisory (non-binding) resolution on executive compensation” at CAE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Fiera Capital Corp	535,413	0	0	0	For
IPConcept (Luxemburg) S.A.	0	0	0	0	--

Largest CAE INC. shareholders voting in 2024-2025

Ranked by the number of CAE INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 318,312,233 shares outstanding at the time of that meeting.

Top CAE INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	JARISLOWSKY, FRASER Ltd	4.77%
2	BlackRock	4.70%
3	1832 Asset Management L.P.	1.32%
4	EdgePoint Investment Group Inc.	1.32%
5	LETKO, BROSSEAU & ASSOCIATES INC	0.86%
6	Corvex Management LP	0.37%
7	JPMorgan	0.37%
8	Galibier Capital Management Ltd.	0.30%
9	PINNACLE ASSOCIATES LTD	0.18%
10	Northern Trust	0.13%

Reported CAE INC. ownership

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

CAE INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Caisse depot et placement du Quebec	9.71%	13D
1832 Asset Management L.P.	5.28%	13G
BlackRock, Inc.	5.08%	13G
MACKENZIE FINANCIAL CORP	5.04%	13G
Vanguard Group	3.88%	13F
Norges Bank	1.09%	13F
FMR (Fidelity)	0.88%	13F
Invesco	0.70%	13F
Geode Capital	0.63%	13F
Goldman Sachs	0.54%	13F

Percentages above are of 318,312,233 shares outstanding, as reported by CAE INC. on its Form 40-F dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from CAE INC.’s 40-F dated 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At CAE INC.'s shareholder meeting held 2024-08-14, in the 2024-2025 proxy season, 143 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,119 separate fund positions. Their filings are grouped here into 24 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 — Approving the advisory (non-binding) resolution accepting the approach to executive… — the reporting funds cast 99.6% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

CAE INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.