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DANONE SA 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

81Reported items
131Asset managers
9,998Fund votes
2025-04-24Meeting date

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

Explore DANONE SA in the interactive database Compare manager voting policies

How asset managers voted at the DANONE SA 2024-2025 meeting

Each item below shows how the 131 asset managers that disclosed a DANONE SA 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 DANONE SA’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. Authorize up to 0.2 Percent Per Year of Issued Capital for Use in Restricted Stock Plans

COMPENSATION

100% fund support · no official result

FOR 100%

The 100 asset managers below cast 100% of the shares they voted on this item FOR (141,728,743 for, 0 against).

FOR: 141,728,743 (100.0%)

Largest asset managers voting on “Authorize up to 0.2 Percent Per Year of Issued Capital for Use in Restricted Stock Plans” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
BlackRock	13,169,246	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
John Hancock	1,013,860	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
Brighthouse	750,245	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
BAILLIE GIFFORD FUNDS	562,097	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For

Showing the 25 largest of 100 asset managers. See all 100 in the interactive database.

2. Authorize up to 0.5 Percent Per Year of Issued Capital for Use in Restricted Stock Plans with Performance Conditions Attached

COMPENSATION

100% fund support · no official result

FOR 100%

The 100 asset managers below cast 100% of the shares they voted on this item FOR (141,728,743 for, 0 against).

FOR: 141,728,743 (100.0%)

Largest asset managers voting on “Authorize up to 0.5 Percent Per Year of Issued Capital for Use in Restricted Stock Plans with Performance Cond” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
BlackRock	13,169,246	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
John Hancock	1,013,860	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
Brighthouse	750,245	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
BAILLIE GIFFORD FUNDS	562,097	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For

Showing the 25 largest of 100 asset managers. See all 100 in the interactive database.

3. Approve Compensation of Antoine de Saint-Affrique, CEO

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 87 asset managers below cast 100% of the shares they voted on this item FOR (130,533,335 for, 0 against).

FOR: 130,533,335 (100.0%)

Largest asset managers voting on “Approve Compensation of Antoine de Saint-Affrique, CEO” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
JPMorgan	2,227,408	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
APG Asset Management US Inc.	1,671,616	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
Desjardins Global Asset Management Inc.	674,239	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

4. Approve Compensation of Gilles Schnepp, Chairman of the Board

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (130,530,685 for, 0 against).

FOR: 130,530,685 (100.0%)

Largest asset managers voting on “Approve Compensation of Gilles Schnepp, Chairman of the Board” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
JPMorgan	2,227,408	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
APG Asset Management US Inc.	1,671,616	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
Desjardins Global Asset Management Inc.	674,239	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

5. Amend Article 18 of Bylaws Re: Board Deliberations

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Amend Article 18 of Bylaws Re: Board Deliberations” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

6. Approve Allocation of Income and Dividends of EUR 2.15 per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 2.15 per Share” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

7. Approve Consolidated Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Consolidated Financial Statements and Statutory Reports” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

8. Approve Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Financial Statements and Statutory Reports” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

9. Approve Remuneration Policy of Chairman of the Board

COMPENSATION

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Remuneration Policy of Chairman of the Board” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

10. Approve Remuneration Policy of Directors

COMPENSATION

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Remuneration Policy of Directors” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

11. Approve Remuneration Policy of Executive Corporate Officers

COMPENSATION

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Approve Remuneration Policy of Executive Corporate Officers” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

12. Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Item 16

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Share” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

13. Authorize Capital Increase of Up to EUR 17 Million for Future Exchange Offers

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Capital Increase of Up to EUR 17 Million for Future Exchange Offers” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

14. Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

15. Authorize Capital Issuances for Use in Employee Stock Purchase Plans

COMPENSATION

99.6% fund support · no official result

FOR 99.6%

The 84 asset managers below cast 99.6% of the shares they voted on this item FOR (125,573,243 for, 384,217 against).

FOR: 125,573,243 (99.7%)AGAINST: 384,217 (0.3%)

Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
Artisan	24,682,580	0	For
Vanguard	18,265,219	0	For
Capital Group	17,323,150	0	For
Fidelity	13,153,315	0	For
FIRST EAGLE FUNDS	10,829,829	0	For
EUPAC FUND	9,744,644	0	For
Dodge & Cox	7,531,900	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	0	For
Legg Mason	1,962,975	0	For
State Street	1,793,813	0	For
Putnam	1,696,323	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	0	For
Dimensional	1,578,796	0	For
TIAA	1,497,468	0	For
TEMPLETON GROWTH FUND INC	1,346,010	0	For
JANUS INVESTMENT FUND	1,206,158	0	For
MFS	1,165,267	0	For
Perpetual Americas Funds Trust	925,175	0	For
DWS	753,371	0	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	0	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	0	For
Brighthouse	393,831	0	For
OLD WESTBURY FUNDS INC	0	384,217	Against
Equitable	338,788	0	For
Northwestern Mutual	303,800	0	For

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

16. Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International Subsidiaries

COMPENSATION

99.6% fund support · no official result

FOR 99.6%

The 84 asset managers below cast 99.6% of the shares they voted on this item FOR (125,573,243 for, 384,217 against).

FOR: 125,573,243 (99.7%)AGAINST: 384,217 (0.3%)

Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees of International S” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
Artisan	24,682,580	0	For
Vanguard	18,265,219	0	For
Capital Group	17,323,150	0	For
Fidelity	13,153,315	0	For
FIRST EAGLE FUNDS	10,829,829	0	For
EUPAC FUND	9,744,644	0	For
Dodge & Cox	7,531,900	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	0	For
Legg Mason	1,962,975	0	For
State Street	1,793,813	0	For
Putnam	1,696,323	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	0	For
Dimensional	1,578,796	0	For
TIAA	1,497,468	0	For
TEMPLETON GROWTH FUND INC	1,346,010	0	For
JANUS INVESTMENT FUND	1,206,158	0	For
MFS	1,165,267	0	For
Perpetual Americas Funds Trust	925,175	0	For
DWS	753,371	0	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	0	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	0	For
Brighthouse	393,831	0	For
OLD WESTBURY FUNDS INC	0	384,217	Against
Equitable	338,788	0	For
Northwestern Mutual	303,800	0	For

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

17. Authorize Capitalization of Reserves of Up to EUR 43 Million for Bonus Issue or Increase in Par Value

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Capitalization of Reserves of Up to EUR 43 Million for Bonus Issue or Increase in Par Value” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

18. Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Decrease in Share Capital via Cancellation of Repurchased Shares” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

19. Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights (Rights Issue) up to Aggregate Nominal Amount of EUR 51 Million

CAPITAL STRUCTURE

99.7% fund support · no official result

FOR 99.7%

The 84 asset managers below cast 99.7% of the shares they voted on this item FOR (125,626,228 for, 331,232 against).

FOR: 125,626,228 (99.7%)AGAINST: 331,232 (0.3%)

Largest asset managers voting on “Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights (Rights Issue) up to Aggregate” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

20. Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 17 Million

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amo” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

21. Authorize Repurchase of Up to 10 Percent of Issued Share Capital

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Authorize Repurchase of Up to 10 Percent of Issued Share Capital” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

22. Reelect Antoine de Saint-Affrique as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 84 asset managers below cast 100% of the shares they voted on this item FOR (125,957,460 for, 0 against).

FOR: 125,957,460 (100.0%)

Largest asset managers voting on “Reelect Antoine de Saint-Affrique as Director” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

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

23. Reelect Geraldine Picaud as Director

DIRECTOR ELECTIONS

99.5% fund support · no official result

FOR 99.5%

The 84 asset managers below cast 99.5% of the shares they voted on this item FOR (125,364,593 for, 592,867 against).

FOR: 125,364,593 (99.5%)AGAINST: 592,867 (0.5%)

Largest asset managers voting on “Reelect Geraldine Picaud as Director” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
Artisan	24,682,580	0	For
Vanguard	18,265,219	0	For
Capital Group	17,323,150	0	For
Fidelity	13,153,315	0	For
FIRST EAGLE FUNDS	10,829,829	0	For
EUPAC FUND	9,744,644	0	For
Dodge & Cox	7,531,900	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	0	For
Legg Mason	1,962,975	0	For
State Street	1,793,813	0	For
Putnam	1,696,323	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	0	For
Dimensional	1,578,796	0	For
TIAA	1,497,468	0	For
TEMPLETON GROWTH FUND INC	1,346,010	0	For
JANUS INVESTMENT FUND	1,206,158	0	For
MFS	1,165,267	0	For
Perpetual Americas Funds Trust	925,175	0	For
DWS	753,371	0	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	0	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	0	429,125	Against
Brighthouse	384,528	9,303	For
OLD WESTBURY FUNDS INC	384,217	0	For
Equitable	190,155	148,633	For
Northwestern Mutual	303,800	0	For

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

24. Reelect Patrice Louvet as Director

DIRECTOR ELECTIONS

99.5% fund support · no official result

FOR 99.5%

The 84 asset managers below cast 99.5% of the shares they voted on this item FOR (125,364,593 for, 592,867 against).

FOR: 125,364,593 (99.5%)AGAINST: 592,867 (0.5%)

Largest asset managers voting on “Reelect Patrice Louvet as Director” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
Artisan	24,682,580	0	For
Vanguard	18,265,219	0	For
Capital Group	17,323,150	0	For
Fidelity	13,153,315	0	For
FIRST EAGLE FUNDS	10,829,829	0	For
EUPAC FUND	9,744,644	0	For
Dodge & Cox	7,531,900	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	0	For
Legg Mason	1,962,975	0	For
State Street	1,793,813	0	For
Putnam	1,696,323	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	0	For
Dimensional	1,578,796	0	For
TIAA	1,497,468	0	For
TEMPLETON GROWTH FUND INC	1,346,010	0	For
JANUS INVESTMENT FUND	1,206,158	0	For
MFS	1,165,267	0	For
Perpetual Americas Funds Trust	925,175	0	For
DWS	753,371	0	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	0	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	0	429,125	Against
Brighthouse	384,528	9,303	For
OLD WESTBURY FUNDS INC	384,217	0	For
Equitable	190,155	148,633	For
Northwestern Mutual	303,800	0	For

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

25. Reelect Susan Roberts as Director

DIRECTOR ELECTIONS

99.5% fund support · no official result

FOR 99.5%

The 84 asset managers below cast 99.5% of the shares they voted on this item FOR (125,364,593 for, 592,867 against).

FOR: 125,364,593 (99.5%)AGAINST: 592,867 (0.5%)

Largest asset managers voting on “Reelect Susan Roberts as Director” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
Artisan	24,682,580	0	For
Vanguard	18,265,219	0	For
Capital Group	17,323,150	0	For
Fidelity	13,153,315	0	For
FIRST EAGLE FUNDS	10,829,829	0	For
EUPAC FUND	9,744,644	0	For
Dodge & Cox	7,531,900	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	0	For
Legg Mason	1,962,975	0	For
State Street	1,793,813	0	For
Putnam	1,696,323	0	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	0	For
Dimensional	1,578,796	0	For
TIAA	1,497,468	0	For
TEMPLETON GROWTH FUND INC	1,346,010	0	For
JANUS INVESTMENT FUND	1,206,158	0	For
MFS	1,165,267	0	For
Perpetual Americas Funds Trust	925,175	0	For
DWS	753,371	0	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	0	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	0	429,125	Against
Brighthouse	384,528	9,303	For
OLD WESTBURY FUNDS INC	384,217	0	For
Equitable	190,155	148,633	For
Northwestern Mutual	303,800	0	For

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

26. Approve Compensation Report of Corporate Officers

COMPENSATION

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (125,957,422 for, 0 against).

FOR: 125,957,422 (100.0%)

Largest asset managers voting on “Approve Compensation Report of Corporate Officers” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

27. Authorize Filing of Required Documents/Other Formalities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (125,957,422 for, 0 against).

FOR: 125,957,422 (100.0%)

Largest asset managers voting on “Authorize Filing of Required Documents/Other Formalities” at DANONE SA, 2024-2025
Asset manager	For	Vote
Artisan	24,682,580	For
Vanguard	18,265,219	For
Capital Group	17,323,150	For
Fidelity	13,153,315	For
FIRST EAGLE FUNDS	10,829,829	For
EUPAC FUND	9,744,644	For
Dodge & Cox	7,531,900	For
FRANKLIN MUTUAL SERIES FUNDS	2,446,783	For
Legg Mason	1,962,975	For
State Street	1,793,813	For
Putnam	1,696,323	For
HARRIS ASSOCIATES INVESTMENT TRUST	1,616,044	For
Dimensional	1,578,796	For
TIAA	1,497,468	For
TEMPLETON GROWTH FUND INC	1,346,010	For
JANUS INVESTMENT FUND	1,206,158	For
MFS	1,165,267	For
Perpetual Americas Funds Trust	925,175	For
DWS	753,371	For
INTERNATIONAL GROWTH & INCOME FUND	592,820	For
AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC	429,125	For
Brighthouse	393,831	For
OLD WESTBURY FUNDS INC	384,217	For
Equitable	338,788	For
Northwestern Mutual	303,800	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

28. APPROVAL OF THE COMPONENTS OF COMPENSATION PAID OR AWARDED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO ANTOINE DE SAINT-AFFRIQUE, CHIEF EXECUTIVE OFFICER

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 32 asset managers below cast 100% of the shares they voted on this item FOR (46,609,757 for, 0 against).

FOR: 46,609,757 (100.0%)NOT VOTED: 7,050 (0.0%)

Largest asset managers voting on “APPROVAL OF THE COMPONENTS OF COMPENSATION PAID OR AWARDED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO ANTO” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	40,432,605	For
BAILLIE GIFFORD OVERSEAS LTD	2,381,321	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
1832 Asset Management L.P.	435,696	For
Brighthouse	356,414	For
Korea Investment CORP	292,640	For
Siemens Fonds Invest GmbH	200,310	For
Six Circles Trust	155,557	For
Northern Trust	140,692	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
South Dakota Investment Council	97,534	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
NATIONAL BANK TRUST INC.	18,548	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
Gabelli	0	Not Voted
ETF Series Solutions	4,706	For
Foresight Global Investors, Inc.	3,442	For

Showing the 25 largest of 32 asset managers. See all 32 in the interactive database.

29. APPROVAL OF THE COMPONENTS OF COMPENSATION PAID OR AWARDED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO GILLES SCHNEPP, CHAIRMAN OF THE BOARD OF DIRECTORS

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 31 asset managers below cast 100% of the shares they voted on this item FOR (46,606,993 for, 0 against).

FOR: 46,606,993 (100.0%)NOT VOTED: 7,050 (0.0%)

Largest asset managers voting on “APPROVAL OF THE COMPONENTS OF COMPENSATION PAID OR AWARDED FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO GILL” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	40,432,605	For
BAILLIE GIFFORD OVERSEAS LTD	2,381,321	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
1832 Asset Management L.P.	435,696	For
Brighthouse	356,414	For
Korea Investment CORP	292,640	For
Siemens Fonds Invest GmbH	200,310	For
Six Circles Trust	155,557	For
Northern Trust	140,692	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
South Dakota Investment Council	97,534	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
NATIONAL BANK TRUST INC.	18,548	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
Gabelli	0	Not Voted
ETF Series Solutions	4,706	For
Foresight Global Investors, Inc.	3,442	For

Showing the 25 largest of 31 asset managers. See all 31 in the interactive database.

30. Approval of the compensation policy for the executive corporate officers for the 2025 fiscal year

COMPENSATION

99.8% fund support · no official result

FOR 99.8%

The 20 asset managers below cast 99.8% of the shares they voted on this item FOR (15,751,376 for, 22,709 against).

FOR: 15,751,376 (99.9%)AGAINST: 22,709 (0.1%)

Largest asset managers voting on “Approval of the compensation policy for the executive corporate officers for the 2025 fiscal year” at DANONE SA, 2024-2025
Asset manager	For	Against	Vote
BlackRock	13,169,246	0	For
John Hancock	1,013,860	0	For
BAILLIE GIFFORD FUNDS	562,097	0	For
Brighthouse	356,414	0	For
Six Circles Trust	155,557	0	For
Jackson National	102,167	0	For
Brown Advisory Funds	101,996	0	For
OPTIMUM FUND TRUST	99,532	0	For
Bridge Builder Trust	45,500	0	For
MASTER INVESTMENT PORTFOLIO	43,236	0	For
Advisors' Inner Circle Fund III	40,400	0	For
Natixis	23,900	0	For
GREEN CENTURY FUNDS	0	22,709	Against
SATURNA INVESTMENT TRUST	15,000	0	For
Forethought Variable Insurance Trust	9,484	0	For
ETF Series Solutions	4,706	0	For
RBB FUND, INC.	3,188	0	For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	2,764	0	For
GPS Funds I	2,291	0	For
Janney Montgomery Scott LLC	38	0	For

31. APPROVAL OF THE INFORMATION REGARDING THE COMPENSATION OF THE CORPORATE OFFICERS REFERRED TO IN PARAGRAPH I OF ARTICLE L.22-10-9 OF THE FRENCH COMMERCIAL CODE FOR THE 2024 FISCAL YEAR

OTHER

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (43,037,444 for, 0 against).

FOR: 43,037,444 (100.0%)

Largest asset managers voting on “APPROVAL OF THE INFORMATION REGARDING THE COMPENSATION OF THE CORPORATE OFFICERS REFERRED TO IN PARAGRAPH I OF” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	40,432,605	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	2,764	For
GPS Funds I	2,291	For
Janney Montgomery Scott LLC	38	For

32. Approval of the compensation policy for the Chairman of the Board of Directors for the 2025 fiscal year

COMPENSATION

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (43,034,680 for, 0 against).

FOR: 43,034,680 (100.0%)

Largest asset managers voting on “Approval of the compensation policy for the Chairman of the Board of Directors for the 2025 fiscal year” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	40,432,605	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For
Janney Montgomery Scott LLC	38	For

33. Approval of the compensation policy for Directors for the 2025 fiscal year

COMPENSATION

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (43,034,680 for, 0 against).

FOR: 43,034,680 (100.0%)

Largest asset managers voting on “Approval of the compensation policy for Directors for the 2025 fiscal year” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	40,432,605	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For
Janney Montgomery Scott LLC	38	For

34. ALLOCATION OF EARNINGS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024, AND SETTING OF THE DIVIDEND AT 2.15 PER SHARE

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “ALLOCATION OF EARNINGS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024, AND SETTING OF THE DIVIDEND AT 2.15 PER SH” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

35. AMENDMENT OF ARTICLE 18-IV OF THE COMPANYS BY-LAWS RELATING TO BOARD OFFICERS AND ITS RESOLUTIONS

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “AMENDMENT OF ARTICLE 18-IV OF THE COMPANYS BY-LAWS RELATING TO BOARD OFFICERS AND ITS RESOLUTIONS” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

36. APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

37. APPROVAL OF THE STATUTORY FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “APPROVAL OF THE STATUTORY FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

38. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS TO PURCHASE, RETAIN OR TRANSFER THE COMPANYS SHARES

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS TO PURCHASE, RETAIN OR TRANSFER THE COMPANYS SHARES” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

39. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING SHARES

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING SHARES” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

40. DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE COMPANYS SHARE CAPITAL THROUGH INCORPORATION OF RESERVES, PROFITS, PREMIUMS OR ANY OTHER AMOUNTS THAT MAY BE CAPITALIZED

OTHER

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (15,771,283 for, 0 against).

FOR: 15,771,283 (100.0%)

Largest asset managers voting on “DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE COMPANYS SHARE CAPITAL THROUGH INCORPORATION” at DANONE SA, 2024-2025
Asset manager	For	Vote
BlackRock	13,169,246	For
John Hancock	1,013,860	For
BAILLIE GIFFORD FUNDS	562,097	For
Brighthouse	356,414	For
Six Circles Trust	155,557	For
Jackson National	102,167	For
Brown Advisory Funds	101,996	For
OPTIMUM FUND TRUST	99,532	For
Bridge Builder Trust	45,500	For
MASTER INVESTMENT PORTFOLIO	43,236	For
Advisors' Inner Circle Fund III	40,400	For
Natixis	23,900	For
GREEN CENTURY FUNDS	22,709	For
SATURNA INVESTMENT TRUST	15,000	For
Forethought Variable Insurance Trust	9,484	For
ETF Series Solutions	4,706	For
RBB FUND, INC.	3,188	For
GPS Funds I	2,291	For

Showing the 40 reported items with the widest manager coverage, of 81 in total. View every item.

Largest DANONE SA shareholders voting in 2024-2025

Ranked by the number of DANONE SA shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top DANONE SA shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Artisan	24,682,580
2	Vanguard	18,265,219
3	Capital Group	17,323,150
4	BlackRock	13,169,246
5	Fidelity	13,153,315
6	FIRST EAGLE FUNDS	10,829,829
7	EUPAC FUND	9,744,644
8	Dodge & Cox	7,531,900
9	FRANKLIN MUTUAL SERIES FUNDS	2,446,783
10	Legg Mason	1,962,975

Shown as share counts, not percentages: no shares-outstanding figure has been matched to DANONE SA for the 2024-2025 season, so there is no denominator to divide by.

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. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At DANONE SA's shareholder meeting held 2025-04-24, in the 2024-2025 proxy season, 131 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,998 separate fund positions. Their filings are grouped here into 81 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 — Authorize up to 0.2 Percent Per Year of Issued Capital for Use in Restricted Stock Plans — the reporting funds cast 100% 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.

DANONE SA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.