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Canadian Pacific Kansas City Limited 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Canadian Pacific Kansas City Limited’s Form 8-K, filed 2026-04-30 (Item 5.07 on EDGAR). Page generated 02 October 2026.

29Reported items
591Asset managers
6,432Fund votes
2026-04-29Meeting date

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

Explore Canadian Pacific Kansas City Limited in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Canadian Pacific Kansas City Limited

These tallies are Canadian Pacific Kansas City Limited’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-04-30 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Canadian Pacific Kansas City Limited — official shareholder meeting results, meeting held 2026-04-29
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
3) Advisory Vote to Approve CPKC's Approach to Say on Climate. The advisory vote on approach to climate change was approved.	628,528,416	79,884,679	0	0	20,897,216	Majority: yes

Source: Canadian Pacific Kansas City Limited, Form 8-K, filed with the SEC on 2026-04-30 — read the filing on EDGAR.

How asset managers voted at the Canadian Pacific Kansas City Limited 2025-2026 meeting

Each item below shows how the 591 asset managers that disclosed a Canadian Pacific Kansas City Limited 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 Canadian Pacific Kansas City Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to approve the Corporation's approach to executive compensation as described in the Proxy Circular.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 13 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 628,528,416AGAINST: 79,884,679

Canadian Pacific Kansas City Limited’s own tally for this item (“3) Advisory Vote to Approve CPKC's Approach to Say on Climate. The advisory vote on approach to climate change was approved.”): 628,528,416 for, 79,884,679 against, per its Form 8-K filed 2026-04-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 897,600,000 outstanding shares: 70% for, 9% against (79% of the company cast a for/against vote).

The 546 asset managers below cast 91% of the shares they voted on this item FOR (161,304,537 for, 15,590,223 against).

FOR 91%9%

FOR: 161,304,537 (91.2%)AGAINST: 15,590,223 (8.8%)

Largest asset managers voting on “Advisory vote to approve the Corporation's approach to executive compensation as described in the Proxy Circul” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
BlackRock	38,433,943	99,571	For
Vanguard	24,682,674	0	For
Fidelity	14,602,673	0	For
1832 Asset Management L.P.	14,376,066	86,156	For
Fiera Capital Corp	5,825,865	0	For
SCOTIA CAPITAL INC.	5,374,131	0	For
JANUS INVESTMENT FUND	4,389,108	0	For
JPMorgan	0	4,338,626	Against
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	0	For
Allspring	4,160,521	0	For
Bridge Builder Trust	3,864,648	156,223	For
Northern Trust	3,337,518	0	For
Charles Schwab	2,294,711	0	For
Putnam	2,270,919	1,709	For
APG Asset Management US Inc.	0	2,021,856	Against
Thornburg	1,932,225	0	For
Cardinal Capital Management, Inc.	1,659,895	0	For
OLD WESTBURY FUNDS INC	1,424,501	0	For
Jackson National	1,307,848	9,579	For
Dimensional	0	1,311,061	Against
State Street	1,275,743	0	For
Franklin Custodian Funds	1,274,013	0	For
BRISTOL JOHN W & CO INC /NY/	1,225,293	0	For
Baird	1,211,100	0	For
ACAP Strategic Fund	988,460	0	For

Showing the 25 largest of 546 asset managers. See all 546 in the interactive database.

2. ELECT DIRECTOR ANDREA ROBERTSON

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 140 asset managers below cast 99.8% of the shares they voted on this item FOR (94,730,632 for, 136,940 against).

FOR: 94,730,632 (99.9%)AGAINST: 136,940 (0.1%)

Largest asset managers voting on “ELECT DIRECTOR ANDREA ROBERTSON” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

3. ELECT DIRECTOR EDWARD HAMBERGER

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 140 asset managers below cast 100% of the shares they voted on this item FOR (94,867,572 for, 0 against).

FOR: 94,867,572 (100.0%)

Largest asset managers voting on “ELECT DIRECTOR EDWARD HAMBERGER” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

4. ELECT DIRECTOR GORDON TRAFTON

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 140 asset managers below cast 99.8% of the shares they voted on this item FOR (94,748,185 for, 119,387 against).

FOR: 94,748,185 (99.9%)AGAINST: 119,387 (0.1%)

Largest asset managers voting on “ELECT DIRECTOR GORDON TRAFTON” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

5. ELECT DIRECTOR HENRY MAIER

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 140 asset managers below cast 99.8% of the shares they voted on this item FOR (94,748,185 for, 119,387 against).

FOR: 94,748,185 (99.9%)AGAINST: 119,387 (0.1%)

Largest asset managers voting on “ELECT DIRECTOR HENRY MAIER” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

6. ELECT DIRECTOR ISABELLE COURVILLE

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 140 asset managers below cast 99.7% of the shares they voted on this item FOR (94,606,243 for, 261,329 against).

FOR: 94,606,243 (99.7%)AGAINST: 261,329 (0.3%)

Largest asset managers voting on “ELECT DIRECTOR ISABELLE COURVILLE” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

7. ELECT DIRECTOR JANE PEVERETT

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 140 asset managers below cast 99.8% of the shares they voted on this item FOR (94,722,267 for, 145,305 against).

FOR: 94,722,267 (99.8%)AGAINST: 145,305 (0.2%)

Largest asset managers voting on “ELECT DIRECTOR JANE PEVERETT” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

8. ELECT DIRECTOR JANET KENNEDY

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 140 asset managers below cast 99.9% of the shares they voted on this item FOR (94,859,207 for, 8,365 against).

FOR: 94,859,207 (100.0%)AGAINST: 8,365 (0.0%)

Largest asset managers voting on “ELECT DIRECTOR JANET KENNEDY” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

9. ELECT DIRECTOR KATHARINE STEVENSON

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 140 asset managers below cast 100% of the shares they voted on this item FOR (94,867,572 for, 0 against).

FOR: 94,867,572 (100.0%)

Largest asset managers voting on “ELECT DIRECTOR KATHARINE STEVENSON” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

10. ELECT DIRECTOR KEITH E. CREEL

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 140 asset managers below cast 99.9% of the shares they voted on this item FOR (94,859,207 for, 8,365 against).

FOR: 94,859,207 (100.0%)AGAINST: 8,365 (0.0%)

Largest asset managers voting on “ELECT DIRECTOR KEITH E. CREEL” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

11. ELECT DIRECTOR MARC PARENT

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 140 asset managers below cast 100% of the shares they voted on this item FOR (94,867,572 for, 0 against).

FOR: 94,867,572 (100.0%)

Largest asset managers voting on “ELECT DIRECTOR MARC PARENT” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

12. ELECT DIRECTOR MATTHEW PAULL

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

99.5% fund support · no official result

FOR 99.5%

The 140 asset managers below cast 99.5% of the shares they voted on this item FOR (94,486,856 for, 380,716 against).

FOR: 94,486,856 (99.6%)AGAINST: 380,716 (0.4%)

Largest asset managers voting on “ELECT DIRECTOR MATTHEW PAULL” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 140 asset managers. See all 140 in the interactive database.

13. ELECT DIRECTOR ARTURO GUTIERREZ HERNANDEZ

DIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 127 asset managers below cast 99.9% of the shares they voted on this item FOR (93,503,605 for, 8,365 against).

FOR: 93,503,605 (100.0%)AGAINST: 8,365 (0.0%)

Largest asset managers voting on “ELECT DIRECTOR ARTURO GUTIERREZ HERNANDEZ” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
BlackRock	4,464,053	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
JPMorgan	4,215,128	For
Allspring	4,160,521	For
Bridge Builder Trust	4,020,871	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Jackson National	1,317,427	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	750,094	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For

Showing the 25 largest of 127 asset managers. See all 127 in the interactive database.

14. ELECT DIRECTOR ANTONIO GARZA

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 99.9% of the shares they voted on this item FOR (78,583,934 for, 17,553 against).

FOR: 78,583,934 (100.0%)AGAINST: 17,553 (0.0%)

Largest asset managers voting on “ELECT DIRECTOR ANTONIO GARZA” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
Allspring	4,160,521	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
BlackRock	2,186,271	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For
Catholic Responsible Investments Funds	496,991	For
MFS	458,270	For
Virtus	438,673	For
New York Life	431,415	For
American Century	396,233	For
JANUS ASPEN SERIES	394,393	For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

15. ELECT DIRECTOR JOHN BAIRD

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 110 asset managers below cast 99.8% of the shares they voted on this item FOR (78,506,762 for, 94,725 against).

FOR: 78,506,762 (99.9%)AGAINST: 94,725 (0.1%)

Largest asset managers voting on “ELECT DIRECTOR JOHN BAIRD” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Vanguard	24,681,441	For
Fidelity	14,602,673	For
JANUS INVESTMENT FUND	4,389,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	For
Allspring	4,160,521	For
Charles Schwab	2,294,711	For
Putnam	2,270,919	For
BlackRock	2,186,271	For
Thornburg	1,932,225	For
OLD WESTBURY FUNDS INC	1,424,501	For
Dimensional	1,311,061	For
State Street	1,275,743	For
Franklin Custodian Funds	1,274,013	For
ACAP Strategic Fund	988,460	For
TIAA	963,364	For
Legg Mason	750,000	For
Northern Trust	650,367	For
BNY Mellon	583,115	For
BBH Trust	530,819	For
Catholic Responsible Investments Funds	496,991	For
MFS	458,270	For
Virtus	438,673	For
New York Life	431,415	For
American Century	396,233	For
JANUS ASPEN SERIES	394,393	For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

16. MANAGEMENT ADVISORY VOTE ON CLIMATE CHANGE

ENVIRONMENT OR CLIMATE

95% fund support · no official result

FOR 95%

The 97 asset managers below cast 95% of the shares they voted on this item FOR (71,725,838 for, 4,097,862 against).

FOR: 71,725,838 (94.6%)AGAINST: 4,097,862 (5.4%)

Largest asset managers voting on “MANAGEMENT ADVISORY VOTE ON CLIMATE CHANGE” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,681,441	0	For
Fidelity	14,602,673	0	For
JANUS INVESTMENT FUND	4,389,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	0	For
Allspring	4,160,521	0	For
Putnam	2,270,919	0	For
BlackRock	2,186,271	0	For
Thornburg	0	1,932,225	Against
OLD WESTBURY FUNDS INC	1,424,501	0	For
Dimensional	0	1,311,061	Against
State Street	1,275,743	0	For
Franklin Custodian Funds	1,274,013	0	For
ACAP Strategic Fund	988,460	0	For
TIAA	963,364	0	For
Legg Mason	750,000	0	For
Northern Trust	650,367	0	For
BNY Mellon	583,115	0	For
BBH Trust	530,819	0	For
Catholic Responsible Investments Funds	0	496,991	Against
MFS	458,270	0	For
Virtus	438,673	0	For
New York Life	431,415	0	For
American Century	396,233	0	For
JANUS ASPEN SERIES	394,393	0	For
AQR	379,726	0	For

Showing the 25 largest of 97 asset managers. See all 97 in the interactive database.

17. Ratify Ernst & Young LLP as Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 99.3%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (72,124,313 for, 0 against).

FOR: 72,124,313 (99.3%)ABSTAIN: 496,991 (0.7%)

Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	24,681,441	0	For
Fidelity	14,602,673	0	For
JANUS INVESTMENT FUND	4,389,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	4,243,301	0	For
Allspring	4,160,521	0	For
Putnam	2,270,919	0	For
Thornburg	1,932,225	0	For
OLD WESTBURY FUNDS INC	1,424,501	0	For
Dimensional	1,311,061	0	For
State Street	1,275,743	0	For
Franklin Custodian Funds	1,274,013	0	For
ACAP Strategic Fund	988,460	0	For
TIAA	963,364	0	For
Legg Mason	750,000	0	For
Northern Trust	650,367	0	For
BNY Mellon	583,115	0	For
Catholic Responsible Investments Funds	0	496,991	Abstain
MFS	458,270	0	For
Virtus	438,673	0	For
New York Life	431,415	0	For
American Century	396,233	0	For
JANUS ASPEN SERIES	394,393	0	For
AQR	379,726	0	For
Invesco	327,960	0	For
NYLI CBRE Global Infrastructure Megatrends Term Fund	303,300	0	For

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

18. Advisory vote to approve the Corporation's approach to climate change as described in the Proxy Circular.

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 38 asset managers below cast 99.4% of the shares they voted on this item FOR (16,171,650 for, 94,435 against).

FOR: 16,171,650 (99.4%)AGAINST: 94,435 (0.6%)

Largest asset managers voting on “Advisory vote to approve the Corporation's approach to climate change as described in the Proxy Circular.” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	4,215,128	0	For
Bridge Builder Trust	4,020,871	0	For
BlackRock	2,277,782	0	For
Jackson National	1,310,677	6,750	For
REAVES UTILITY INCOME FUND	935,000	0	For
Baird	762,235	0	For
John Hancock	594,443	0	For
PERMANENT PORTFOLIO FAMILY OF FUNDS	325,000	0	For
BBR ALO Fund, LLC	216,197	0	For
Amplify ETF Trust	186,558	0	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	183,516	0	For
Goldman Sachs	170,545	0	For
YCG Mutual Funds	144,624	0	For
Natixis	119,387	0	For
Gateway Trust	93,357	0	For
CLEARWATER INVESTMENT TRUST	90,863	0	For
TIMOTHY PLAN	0	85,451	Against
Equitable	72,736	0	For
AMG Funds I	67,524	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	60,630	0	For
MASTER INVESTMENT PORTFOLIO	58,311	0	For
Tidal Trust III	47,780	0	For
KIRR MARBACH PARTNERS FUNDS INC	38,807	0	For
ADVISORS SERIES TRUST	37,414	0	For
HARBOR FUNDS	29,052	0	For

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

19. Appointment of the Auditor as named in the Proxy Circular.

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 38 asset managers below cast 100% of the shares they voted on this item FOR (16,266,085 for, 0 against).

FOR: 16,266,085 (100.0%)

Largest asset managers voting on “Appointment of the Auditor as named in the Proxy Circular.” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
JPMorgan	4,215,128	For
Bridge Builder Trust	4,020,871	For
BlackRock	2,277,782	For
Jackson National	1,317,427	For
REAVES UTILITY INCOME FUND	935,000	For
Baird	762,235	For
John Hancock	594,443	For
PERMANENT PORTFOLIO FAMILY OF FUNDS	325,000	For
BBR ALO Fund, LLC	216,197	For
Amplify ETF Trust	186,558	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	183,516	For
Goldman Sachs	170,545	For
YCG Mutual Funds	144,624	For
Natixis	119,387	For
Gateway Trust	93,357	For
CLEARWATER INVESTMENT TRUST	90,863	For
TIMOTHY PLAN	85,451	For
Equitable	72,736	For
AMG Funds I	67,524	For
PROFESSIONALLY MANAGED PORTFOLIOS	60,630	For
MASTER INVESTMENT PORTFOLIO	58,311	For
Tidal Trust III	47,780	For
KIRR MARBACH PARTNERS FUNDS INC	38,807	For
ADVISORS SERIES TRUST	37,414	For
HARBOR FUNDS	29,052	For

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

20. Election of Director - Amb. Antonio Garza (Ret.)

DIRECTOR ELECTIONS

99.2% fund support · no official result

FOR 99.2%

The 38 asset managers below cast 99.2% of the shares they voted on this item FOR (16,138,333 for, 127,752 against).

FOR: 16,138,333 (99.2%)AGAINST: 127,752 (0.8%)

Largest asset managers voting on “Election of Director - Amb. Antonio Garza (Ret.)” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	4,215,128	0	For
Bridge Builder Trust	4,020,871	0	For
BlackRock	2,277,782	0	For
Jackson National	1,317,427	0	For
REAVES UTILITY INCOME FUND	935,000	0	For
Baird	762,235	0	For
John Hancock	594,443	0	For
PERMANENT PORTFOLIO FAMILY OF FUNDS	325,000	0	For
BBR ALO Fund, LLC	216,197	0	For
Amplify ETF Trust	186,558	0	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	183,516	0	For
Goldman Sachs	170,545	0	For
YCG Mutual Funds	144,624	0	For
Natixis	0	119,387	Against
Gateway Trust	93,357	0	For
CLEARWATER INVESTMENT TRUST	90,863	0	For
TIMOTHY PLAN	85,451	0	For
Equitable	72,736	0	For
AMG Funds I	67,524	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	60,630	0	For
MASTER INVESTMENT PORTFOLIO	58,311	0	For
Tidal Trust III	47,780	0	For
KIRR MARBACH PARTNERS FUNDS INC	38,807	0	For
ADVISORS SERIES TRUST	37,414	0	For
HARBOR FUNDS	29,052	0	For

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

21. Election of Director - Hon. John Baird P.C.

DIRECTOR ELECTIONS

98% fund support · no official result

FOR 98%

The 38 asset managers below cast 98% of the shares they voted on this item FOR (15,903,995 for, 362,090 against).

FOR: 15,903,995 (97.8%)AGAINST: 362,090 (2.2%)

Largest asset managers voting on “Election of Director - Hon. John Baird P.C.” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	4,215,128	0	For
Bridge Builder Trust	4,020,871	0	For
BlackRock	2,277,782	0	For
Jackson National	1,317,427	0	For
REAVES UTILITY INCOME FUND	935,000	0	For
Baird	762,235	0	For
John Hancock	594,443	0	For
PERMANENT PORTFOLIO FAMILY OF FUNDS	325,000	0	For
BBR ALO Fund, LLC	216,197	0	For
Amplify ETF Trust	0	186,558	Against
CANTOR FITZGERALD INFRASTRUCTURE FUND	183,516	0	For
Goldman Sachs	170,545	0	For
YCG Mutual Funds	144,624	0	For
Natixis	0	119,387	Against
Gateway Trust	93,357	0	For
CLEARWATER INVESTMENT TRUST	90,863	0	For
TIMOTHY PLAN	85,451	0	For
Equitable	72,736	0	For
AMG Funds I	67,524	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	60,630	0	For
MASTER INVESTMENT PORTFOLIO	58,311	0	For
Tidal Trust III	0	47,780	Against
KIRR MARBACH PARTNERS FUNDS INC	38,807	0	For
ADVISORS SERIES TRUST	37,414	0	For
HARBOR FUNDS	29,052	0	For

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

22. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

66% fund support · no official result

FOR 66%AGAINST 34%

The 28 asset managers below cast 66% of the shares they voted on this item FOR (11,200,343 for, 5,775,048 against).

FOR: 11,200,343 (66.0%)AGAINST: 5,775,048 (34.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
TD Waterhouse Canada Inc.	6,255,468	0	For
Union Investment Management GmbH	0	5,283,976	Against
Findlay Park Partners LLP	2,424,296	0	For
Charles Schwab	2,294,711	0	For
Russell Investments	0	231,197	Against
GROUPAMA ASSET MANAGMENT	164,725	0	For
Partners Group Private Equity Fund, LLC	0	87,426	Against
SEI	0	39,420	Against
Windmill Hill Asset Management Ltd	0	28,609	Against
Nationwide	0	27,882	Against
Prudential/PGIM	26,976	0	For
Sarasin & Partners LLP	0	23,211	Against
Mercer Funds	22,300	0	For
LOUISBOURG INVESTMENTS INC.	0	15,282	Against
Total Fund Solution	0	14,917	Against
ADVISORS' INNER CIRCLE FUND	11,280	0	For
Neuberger Berman	0	8,887	Against
TCW ETF Trust	0	3,226	Against
Morningstar Funds Trust	0	3,177	Against
Brighthouse	0	2,375	Against
Hartford	0	2,092	Against
Global X	0	1,921	Against
Hanson & Doremus Investment Management	0	1,443	Against
WJ Interests, LLC	576	0	For
ANDERSON HOAGLAND & CO	11	0	For

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

23. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 15 asset managers below cast 100% of the shares they voted on this item FOR (2,777,787 for, 0 against).

FOR: 2,777,787 (100.0%)

Largest asset managers voting on “Appointment of Auditor” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
Charles Schwab	2,294,711	For
Russell Investments	231,197	For
Partners Group Private Equity Fund, LLC	87,426	For
SEI	39,420	For
Nationwide	27,882	For
Prudential/PGIM	26,976	For
Mercer Funds	22,300	For
Total Fund Solution	14,917	For
ADVISORS' INNER CIRCLE FUND	11,280	For
Neuberger Berman	8,887	For
TCW ETF Trust	3,226	For
Morningstar Funds Trust	3,177	For
Brighthouse	2,375	For
Hartford	2,092	For
Global X	1,921	For

24. RATIFY ERNST AND YOUNG LLP AS AUDITORS

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 13 asset managers below cast 100% of the shares they voted on this item FOR (3,202,396 for, 0 against).

FOR: 3,202,396 (100.0%)

Largest asset managers voting on “RATIFY ERNST AND YOUNG LLP AS AUDITORS” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
BlackRock	2,186,271	For
BBH Trust	530,819	For
Six Circles Trust	249,638	For
John Hancock	155,651	For
LKCM Funds	22,720	For
Listed Funds Trust	19,210	For
TIMOTHY PLAN	8,389	For
Pacer Funds Trust	7,992	For
Forethought Variable Insurance Trust	7,411	For
SP Funds Trust	6,611	For
Allianz	3,867	For
Innovator ETFs Trust	3,709	For
ADVISORS SERIES TRUST	108	For

25. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

99.9% fund support · no official result

FOR 99.4%

The 10 asset managers below cast 99.9% of the shares they voted on this item FOR (636,011 for, 20 against).

FOR: 636,011 (99.5%)AGAINST: 20 (0.0%)ABSTAIN: 3,438 (0.5%)

Largest asset managers voting on “14A Executive Compensation” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Abstain	Vote
Port Capital LLC	449,760	0	0	For
K.J. Harrison & Partners Inc	89,607	0	0	For
EAGLE GLOBAL ADVISORS LLC	56,857	0	0	For
Claret Asset Management Corp	26,515	0	0	For
ETF Opportunities Trust	10,487	0	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	3,438	Abstain
REXFORD CAPITAL INC	1,150	0	0	For
Inlet Private Wealth, LLC	1,095	0	0	For
COURIER CAPITAL LLC	540	0	0	For
Baker Avenue Asset Management, LP	0	20	0	Against

26. Elect Director Arturo Guti?rrez Hern?ndez

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (442,164 for, 0 against).

FOR: 442,164 (100.0%)

Largest asset managers voting on “Elect Director Arturo Guti?rrez Hern?ndez” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
CRM Mutual Fund Trust	211,895	For
Dixon Mitchell Investment Counsel Inc.	209,431	For
SA FUNDS INVESTMENT TRUST	6,998	For
Ultimus Managers Trust	6,717	For
Strategy Shares	3,253	For
NORTHERN LIGHTS FUND TRUST II	2,806	For
RBB FUND, INC.	1,018	For
UNIFIED SERIES TRUST	46	For

27. Election of Director - Arturo Guti¿ez Hern¿ez

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (843,438 for, 0 against).

FOR: 843,438 (100.0%)

Largest asset managers voting on “Election of Director - Arturo Guti¿ez Hern¿ez” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Vote
PERMANENT PORTFOLIO FAMILY OF FUNDS	325,000	For
BBR ALO Fund, LLC	216,197	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	183,516	For
CLEARWATER INVESTMENT TRUST	90,863	For
Guardian Variable Products Trust	27,778	For
Morningstar Funds Trust	84	For

28. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTES

99.1% fund support · no official result

FOR 99.1%

The 4 asset managers below cast 99.1% of the shares they voted on this item FOR (42,702 for, 375 against).

FOR: 42,702 (99.1%)AGAINST: 375 (0.9%)

Largest asset managers voting on “SAY ON PAY” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Vote
Concorde Financial Corp	38,587	0	For
Arista Wealth Management, LLC	4,115	0	For
Genus Capital Management Inc.	0	375	Against
Empower	0	0	--

29. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (10,562 for, 0 against).

FOR: 10,562 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at Canadian Pacific Kansas City Limited, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
ETF Opportunities Trust	10,487	0	0	0	For
MARCO INVESTMENT MANAGEMENT LLC	75	0	0	0	For

Largest Canadian Pacific Kansas City Limited shareholders voting in 2025-2026

Ranked by the number of Canadian Pacific Kansas City Limited shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 897,600,000 shares outstanding at the time of that meeting.

Top Canadian Pacific Kansas City Limited shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	BlackRock	4.29%
2	Vanguard	2.75%
3	Fidelity	1.63%
4	1832 Asset Management L.P.	1.61%
5	Fiera Capital Corp	0.65%
6	SCOTIA CAPITAL INC.	0.60%
7	JANUS INVESTMENT FUND	0.49%
8	JPMorgan	0.48%
9	CAUSEWAY CAPITAL MANAGEMENT TRUST	0.47%
10	Allspring	0.46%

Reported Canadian Pacific Kansas City Limited ownership

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

Canadian Pacific Kansas City Limited beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	4.24%	13F
Invesco	2.48%	13F
FMR (Fidelity)	2.25%	13F
JPMorgan Chase	1.75%	13F
Geode Capital	0.98%	13F
Goldman Sachs	0.88%	13F
Morgan Stanley	0.55%	13F
Franklin Templeton	0.52%	13F
Northern Trust	0.27%	13F
Charles Schwab	0.26%	13F

Percentages above are of 897,600,000 shares outstanding, as reported by Canadian Pacific Kansas City Limited on its Form 10-K dated 2025-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 Canadian Pacific Kansas City Limited’s 10-K dated 2025-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Canadian Pacific Kansas City Limited's shareholder meeting held 2026-04-29, in the 2025-2026 proxy season, 591 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,432 separate fund positions. Their filings are grouped here into 29 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory vote to approve the Corporation's approach to executive compensation as described in… — FOR was 89% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Canadian Pacific Kansas City Limited's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-04-30.

Canadian Pacific Kansas City Limited proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).