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Home › Companies › Demant A/S › 2025-2026

Demant A/S 2025-2026 Proxy Voting Records

At Demant A/S's shareholder meeting held March 5, 2026, in the 2025-2026 proxy season, 59 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,243 separate fund positions. Their filings are grouped here into 45 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report (Advisory Vote) — the reporting funds and managers cast 12% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

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

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

  • 45Reported items
  • 59Asset managers
  • 2,243Fund votes
  • March 5, 2026Meeting date

Results at a glance

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

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

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

Explore Demant A/S in the interactive database Compare manager voting policies

How asset managers voted at the Demant A/S 2025-2026 meeting

Each item below shows how the 59 asset managers that disclosed a Demant A/S 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 Demant A/S’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Thomas Hofman-Bang as New Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,852,072 for, 120,806 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,852,072ABSTAIN: 120,806
Largest asset managers voting on “Elect Thomas Hofman-Bang as New Director” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam00 115,5590Abstain
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert00 5,1690Abstain
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

2. Reelect Katrin Pucknat as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,852,072 for, 120,806 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,852,072ABSTAIN: 120,806
Largest asset managers voting on “Reelect Katrin Pucknat as Director” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam00 115,5590Abstain
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert00 5,1690Abstain
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

3. Reelect Kristian Villumsen as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,852,072 for, 120,806 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,852,072ABSTAIN: 120,806
Largest asset managers voting on “Reelect Kristian Villumsen as Director” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam00 115,5590Abstain
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert00 5,1690Abstain
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

4. Reelect Niels Jacobsen as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 40 asset managers

The 40 asset managers below reported 310,350 for, 1,662,528 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 310,350ABSTAIN: 1,662,528
Largest asset managers voting on “Reelect Niels Jacobsen as Director” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard00 823,3880Abstain
Dimensional00 269,0410Abstain
TIAA188,8560 00For
BlackRock00 153,9580Abstain
State Street00 141,0860Abstain
Putnam00 115,5590Abstain
MFS00 58,0130Abstain
Northern Trust10 27,0960Abstain
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco00 15,1870Abstain
Lincoln Financial00 14,4120Abstain
American Century13,1940 00For
Voya00 11,8290Abstain
Brighthouse7,5430 8790Mixed
Nationwide00 6,9790Abstain
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO00 6,6750Abstain
Equitable4,6470 1,5280Mixed
DWS6,1590 00For
Calvert00 5,1690Abstain
CLEARWATER INVESTMENT TRUST00 3,8960Abstain
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

5. Reelect Sisse Fjelsted Rasmussen as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,852,072 for, 120,806 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,852,072ABSTAIN: 120,806
Largest asset managers voting on “Reelect Sisse Fjelsted Rasmussen as Director” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam00 115,5590Abstain
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert00 5,1690Abstain
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

6. ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: KATRIN PUCKNAT

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 1,413,435 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,413,435
Largest asset managers voting on “ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: KATRIN PUCKNAT” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
Venerable Variable Insurance Trust14,2640 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

7. ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: KRISTIAN VILLUMSEN

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 1,413,435 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,413,435
Largest asset managers voting on “ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: KRISTIAN VILLUMSEN” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
Venerable Variable Insurance Trust14,2640 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

8. ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: NIELS JACOBSEN

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 12 asset managers

The 12 asset managers below reported 1,183,018 for, 230,417 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,183,018ABSTAIN: 230,417
Largest asset managers voting on “ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: NIELS JACOBSEN” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust608,3450 6,0030For
HARBOR FUNDS550,4130 00For
Charles Schwab00 83,9190Abstain
Russell Investments00 49,0940Abstain
Global X00 44,1200Abstain
Six Circles Trust00 29,5450Abstain
John Hancock11,2310 3,3170Mixed
Venerable Variable Insurance Trust00 14,2640Abstain
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For
Prudential/PGIM2250 00For
Adviser Managed Trust00 1550Abstain

9. ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: SISSE FJELSTED RASMUSSEN

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 1,221,883 for, 191,552 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,883ABSTAIN: 191,552
Largest asset managers voting on “ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: SISSE FJELSTED RASMUSSEN” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Charles Schwab00 83,9190Abstain
Russell Investments00 49,0940Abstain
Global X00 44,1200Abstain
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
Venerable Variable Insurance Trust00 14,2640Abstain
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For
Prudential/PGIM2250 00For
Adviser Managed Trust00 1550Abstain

10. ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: THOMAS HOFMAN-BANG

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 1,413,435 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,413,435
Largest asset managers voting on “ELECTION OF MEMBERS TO THE BOARD OF DIRECTOR: THOMAS HOFMAN-BANG” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
Venerable Variable Insurance Trust14,2640 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

11. Amendments to Articles (General Meeting Location)

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Amendments to Articles (General Meeting Location)” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

12. Change Location of Annual Meeting to Egedal or Greater Copenhagen

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Change Location of Annual Meeting to Egedal or Greater Copenhagen” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

13. Any proposals from the board of directors or shareholders…: amendment of the geographical location for holding the AGM

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: AMENDMENT OF THE GEOGRAPHICAL LOCATION FOR HOLDING THE AGM

The 6 asset managers below reported 1,221,658 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,658
Largest asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For

14. Approve Creation of DKK 4.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 4.2 Million Pool of…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 40 asset managers

Description as filed by funds: Approve Creation of DKK 4.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 4.2 Million Pool of Capital without Preemptive Rights; Maximum Increase in Share Capital under Both Authorizations up to DKK 4.2 Million

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Approve Creation of DKK 4.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 4.2 Millio” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

15. Approve DKK 408,274.40 Reduction in Share Capital

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Approve DKK 408,274.40 Reduction in Share Capital” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

16. Authorize Share Repurchase Program

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Authorize Share Repurchase Program” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

17. Authority to Issue Shares w/ or w/o Preemptive Rights

No official resultsCAPITAL STRUCTURE

99.8% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,552 for, 225 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,552AGAINST: 225
Largest asset managers voting on “Authority to Issue Shares w/ or w/o Preemptive Rights” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM0225 00Against
Adviser Managed Trust1550 00For

18. Authority to Repurchase Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Authority to Repurchase Shares” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

19. Cancellation of Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Cancellation of Shares” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

20. Any proposals from the board of directors or shareholders. the board of directors has submitted the following…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: AUTHORISATION TO THE BOARD OF DIRECTORS TO INCREASE THE COMPANY'S SHARE CAPITAL

The 6 asset managers below reported 1,221,658 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,658
Largest asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For

21. Any proposals from the board of directors or shareholders. the board of directors has submitted the following…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: AUTHORISATION TO THE BOARD OF DIRECTORS TO LET THE COMPANY ACQUIRE OWN SHARES

The 6 asset managers below reported 1,221,658 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,658
Largest asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For

22. Any proposals from the board of directors or shareholders. the board of…: reduction of the company's share capital

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: REDUCTION OF THE COMPANY'S SHARE CAPITAL

The 6 asset managers below reported 1,221,658 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,658
Largest asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For

23. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

24. Approve Allocation of Income and Omission of Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Approve Allocation of Income and Omission of Dividends” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

25. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Accounts and Reports” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

26. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Allocation of Profits/Dividends” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

27. Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

28. Authorization of Legal Formalities

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Authorization of Legal Formalities” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

29. Any proposals from the board of directors or shareholders. the board of directors…: authority to the chair of the AGM

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: AUTHORITY TO THE CHAIR OF THE AGM

The 6 asset managers below reported 1,221,658 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,221,658
Largest asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS3,2630 00For

30. Approve Guidelines for Incentive-Based Compensation for Executive Management and Board

2% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 40 asset managers

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

Fund voting reports: 39 asset managers voting on “Approve Guidelines for Incentive-Based Compensation for Executive Management and Board” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard0823,388 00Against
Dimensional0269,041 00Against
TIAA0188,856 00Against
BlackRock0153,958 00Against
State Street0141,086 00Against
Putnam0115,559 00Against
MFS058,013 00Against
Northern Trust27,0961 00For
AIG/SunAmerica018,005 00Against
OLD WESTBURY FUNDS INC017,500 00Against
Goldman Sachs017,467 00Against
Empower015,311 00Against
Invesco15,1870 00For
Lincoln Financial014,412 00Against
American Century013,194 00Against
Voya011,829 00Against
Brighthouse08,422 00Against
Nationwide06,979 00Against
Principal06,719 00Against
MASTER INVESTMENT PORTFOLIO06,675 00Against
Equitable06,175 00Against
DWS06,159 00Against
Calvert05,169 00Against
CLEARWATER INVESTMENT TRUST03,896 00Against
GuideStone03,734 00Against

Fund voting reports, all 39 managers: 43,555 for, 1,929,323 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Approve Guidelines for Incentive-Based Compensation for Executive Management and Board” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock0660,349 00Against

Institutional-manager reports, all 1 managers: 660,349 against.

31. Approve Remuneration of Directors; Approve Remuneration for Committee Work

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Approve Remuneration of Directors; Approve Remuneration for Committee Work” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

32. Directors' Fees

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Directors' Fees” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

33. Approval of remuneration for the board of directors for the current financial year

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 6 asset managers

Description as filed by funds: APPROVAL OF REMUNERATION FOR THE BOARD OF DIRECTORS FOR THE CURRENT FINANCIAL YEAR

The 6 asset managers below reported 1,218,395 for, 3,263 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,218,395ABSTAIN: 3,263
Largest asset managers voting on “APPROVAL OF REMUNERATION FOR THE BOARD OF DIRECTORS FOR THE CURRENT FINANCIAL YEAR” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust614,3480 00For
HARBOR FUNDS550,4130 00For
Six Circles Trust29,5450 00For
John Hancock14,5480 00For
GPS Funds I9,5410 00For
GREEN CENTURY FUNDS00 3,2630Abstain

34. Approve Remuneration Report (Advisory Vote)

12% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 41 asset managers

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

Fund voting reports: 39 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard0823,388 00Against
Dimensional0269,041 00Against
TIAA0188,856 00Against
BlackRock0153,958 00Against
State Street141,0860 00For
Putnam0115,559 00Against
MFS058,013 00Against
Northern Trust27,0961 00For
AIG/SunAmerica018,005 00Against
OLD WESTBURY FUNDS INC017,500 00Against
Goldman Sachs017,467 00Against
Empower015,311 00Against
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century013,194 00Against
Voya011,829 00Against
Brighthouse08,422 00Against
Nationwide06,979 00Against
Principal06,719 00Against
MASTER INVESTMENT PORTFOLIO06,675 00Against
Equitable06,175 00Against
DWS06,159 00Against
Calvert05,169 00Against
CLEARWATER INVESTMENT TRUST03,896 00Against
GuideStone03,734 00Against

Fund voting reports, all 39 managers: 201,540 for, 1,771,338 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock0660,349 00Against
JPMorgan124,6860 00For
APG Asset Management US Inc.03,140 00Against

Institutional-manager reports, all 3 managers: 124,686 for, 663,489 against.

35. Presentation of and indicative vote on the remuneration report 2025

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

3% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: description as filed, votes by 14 asset managers

Description as filed by funds: PRESENTATION OF AND INDICATIVE VOTE ON THE REMUNERATION REPORT 2025

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

Fund voting reports: 6 asset managers voting on “PRESENTATION OF AND INDICATIVE VOTE ON THE REMUNERATION REPORT 2025” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust0614,348 00Against
HARBOR FUNDS0550,413 00Against
Six Circles Trust029,545 00Against
John Hancock3,30011,248 00Mixed
GPS Funds I09,541 00Against
GREEN CENTURY FUNDS3,2630 00For

Fund voting reports, all 6 managers: 6,563 for, 1,215,095 against.

Institutional-manager reports: 8 asset managers voting on “PRESENTATION OF AND INDICATIVE VOTE ON THE REMUNERATION REPORT 2025” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock4,770828,689 00Against
GARDNER RUSSO & QUINN LLC41,0000 00For
Northern Trust8,0370 00For
ROCKEFELLER FINANCIAL LLC2,1010 00For
Korea Investment CORP5880 00For
RBC Rochdale, LLC0172 00Against
PNC BANK, NATIONAL ASSOCIATION0100 00Against
O'SHAUGHNESSY ASSET MANAGEMENT, LLC076 00Against

Institutional-manager reports, all 8 managers: 56,496 for, 829,037 against.

36. Any proposals from the board of directors or shareholders. the board of…: approval of the company's remuneration policy

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

0.3% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING PROPOSALS: APPROVAL OF THE COMPANY'S REMUNERATION POLICY

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

Fund voting reports: 6 asset managers voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bridge Builder Trust0614,348 00Against
HARBOR FUNDS0550,413 00Against
Six Circles Trust029,545 00Against
John Hancock014,548 00Against
GPS Funds I09,541 00Against
GREEN CENTURY FUNDS00 3,2630Abstain

Fund voting reports, all 6 managers: 1,218,395 against, 3,263 abstained.

Institutional-manager reports: 1 asset manager voting on “ANY PROPOSALS FROM THE BOARD OF DIRECTORS OR SHAREHOLDERS. THE BOARD OF DIRECTORS HAS SUBMITTED THE FOLLOWING ” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock4,770828,689 00Against

Institutional-manager reports, all 1 managers: 4,770 for, 828,689 against.

37. Remuneration Policy

0.2% of fund votes cast · no official result

AGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 225 for, 191,552 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 225AGAINST: 191,552
Largest asset managers voting on “Remuneration Policy” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab083,919 00Against
Russell Investments049,094 00Against
Global X044,120 00Against
Venerable Variable Insurance Trust014,264 00Against
Prudential/PGIM2250 00For
Adviser Managed Trust0155 00Against

38. Remuneration Report

0.2% of fund votes cast · no official result

AGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 225 for, 191,552 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 225AGAINST: 191,552
Largest asset managers voting on “Remuneration Report” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab083,919 00Against
Russell Investments049,094 00Against
Global X044,120 00Against
Venerable Variable Insurance Trust014,264 00Against
Prudential/PGIM2250 00For
Adviser Managed Trust0155 00Against

39. Ratify PricewaterhouseCoopers as Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 1,972,878 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,972,878
Largest asset managers voting on “Ratify PricewaterhouseCoopers as Auditors” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard823,3880 00For
Dimensional269,0410 00For
TIAA188,8560 00For
BlackRock153,9580 00For
State Street141,0860 00For
Putnam115,5590 00For
MFS58,0130 00For
Northern Trust27,0970 00For
AIG/SunAmerica18,0050 00For
OLD WESTBURY FUNDS INC17,5000 00For
Goldman Sachs17,4670 00For
Empower15,3110 00For
Invesco15,1870 00For
Lincoln Financial14,4120 00For
American Century13,1940 00For
Voya11,8290 00For
Brighthouse8,4220 00For
Nationwide6,9790 00For
Principal6,7190 00For
MASTER INVESTMENT PORTFOLIO6,6750 00For
Equitable6,1750 00For
DWS6,1590 00For
Calvert5,1690 00For
CLEARWATER INVESTMENT TRUST3,8960 00For
GuideStone3,7340 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

40. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 191,777 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 191,777
Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting” at Demant A/S, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab83,9190 00For
Russell Investments49,0940 00For
Global X44,1200 00For
Venerable Variable Insurance Trust14,2640 00For
Prudential/PGIM2250 00For
Adviser Managed Trust1550 00For

Showing the 40 reported items with the widest manager coverage, of 45 in total. Every item is in the interactive database (link above).

Largest Demant A/S shareholders voting in 2025-2026

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

Fund voting reports: top Demant A/S shareholders by shares voted on “Approve Remuneration Report (Advisory Vote)”, 2025-2026
#Asset manager Shares voted
1Vanguard 823,388
2Dimensional 269,041
3TIAA 188,856
4BlackRock 153,958
5State Street 141,086
6Putnam 115,559
7MFS 58,013
8Northern Trust 27,097
9AIG/SunAmerica 18,005
10OLD WESTBURY FUNDS INC 17,500
Institutional-manager reports: top Demant A/S shareholders by shares voted on “PRESENTATION OF AND INDICATIVE VOTE ON THE REMUNERATION REPORT 2025”, 2025-2026
#Asset manager Shares voted
1BlackRock 833,459
2GARDNER RUSSO & QUINN LLC 41,000
3Northern Trust 8,037
4ROCKEFELLER FINANCIAL LLC 2,101
5Korea Investment CORP 588
6RBC Rochdale, LLC 172
7PNC BANK, NATIONAL ASSOCIATION 100
8O'SHAUGHNESSY ASSET MANAGEMENT, LLC 76

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

Related

About this page

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

Demant A/S proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Demant A/S 2026 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/demant-a-s/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.