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DEUTSCHE BOERSE AG 2024-2025 Proxy Voting Records

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

26Reported items
149Asset managers
4,584Fund votes
2025-05-14Meeting date

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

Explore DEUTSCHE BOERSE AG in the interactive database Compare manager voting policies

How asset managers voted at the DEUTSCHE BOERSE AG 2024-2025 meeting

Each item below shows how the 149 asset managers that disclosed a DEUTSCHE BOERSE AG 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 DEUTSCHE BOERSE AG’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. APPROVE REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

99.1% fund support · no official result

FOR 99%

The 128 asset managers below cast 99.1% of the shares they voted on this item FOR (45,192,290 for, 392,397 against).

FOR: 45,192,290 (98.8%)AGAINST: 392,397 (0.9%)NOT VOTED: 143,903 (0.3%)

Largest asset managers voting on “APPROVE REMUNERATION REPORT” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Vote
BlackRock	7,902,684	4,396	For
Fidelity	7,364,448	0	For
MFS	5,646,738	0	For
Vanguard	5,531,740	0	For
JPMorgan	3,251,326	0	For
Goldman Sachs	2,513,743	0	For
Dimensional	986,028	0	For
EUPAC FUND	882,323	0	For
TIAA	832,750	0	For
BAILLIE GIFFORD OVERSEAS LTD	714,663	112,515	For
WCM INVESTMENT MANAGEMENT, LLC	616,578	0	For
Investment Managers Series Trust	576,821	0	For
State Street	521,922	0	For
APG Asset Management US Inc.	503,019	0	For
BAILLIE GIFFORD & CO LTD	473,984	0	For
Artisan	433,260	0	For
Six Circles Trust	390,675	0	For
Brown Advisory Funds	343,362	0	For
Equitable	297,673	0	For
John Hancock	286,232	0	For
Perpetual Americas Funds Trust	16,347	244,919	Against
Capital Group	230,159	0	For
Ghisallo Capital Management LLC	222,104	0	For
TEMPLETON FUNDS	214,910	0	For
Legg Mason	214,739	0	For

Showing the 25 largest of 128 asset managers. See all 128 in the interactive database.

2. APPROVE REMUNERATION POLICY

COMPENSATIONCORPORATE GOVERNANCE

99.0% fund support · no official result

FOR 99%

The 115 asset managers below cast 99.0% of the shares they voted on this item FOR (39,430,390 for, 397,285 against).

FOR: 39,430,390 (99.0%)AGAINST: 397,285 (1.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE REMUNERATION POLICY” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Vote
BlackRock	7,891,249	15,831	For
Fidelity	7,364,448	0	For
MFS	5,646,738	0	For
Vanguard	5,531,740	0	For
Goldman Sachs	2,513,743	0	For
Dimensional	986,028	0	For
EUPAC FUND	882,323	0	For
TIAA	832,750	0	For
Investment Managers Series Trust	576,821	0	For
State Street	521,922	0	For
Artisan	433,260	0	For
Six Circles Trust	390,675	0	For
JPMorgan	344,812	0	For
Brown Advisory Funds	343,362	0	For
Equitable	297,673	0	For
John Hancock	286,232	0	For
Perpetual Americas Funds Trust	16,347	244,919	Against
Capital Group	230,159	0	For
Ghisallo Capital Management LLC	222,104	0	For
TEMPLETON FUNDS	214,910	0	For
Legg Mason	214,739	0	For
Brighthouse	206,060	0	For
BAILLIE GIFFORD FUNDS	194,027	0	For
Thrivent	193,857	0	For
Invesco	181,794	0	For

Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.

3. AMEND ARTICLES RE: ELECTRONIC SECURITIES

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 100% of the shares they voted on this item FOR (31,621,131 for, 0 against).

FOR: 31,621,131 (100.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “AMEND ARTICLES RE: ELECTRONIC SECURITIES” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

4. APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 4.00 PER SHARE

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 100% of the shares they voted on this item FOR (31,621,131 for, 0 against).

FOR: 31,621,131 (100.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 4.00 PER SHARE” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

5. APPROVE CREATION OF EUR 18.8 MILLION POOL OF AUTHORIZED CAPITAL WITH OR WITHOUT EXCLUSION OF PREEMPTIVE RIGHTS

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 99.9% of the shares they voted on this item FOR (31,614,543 for, 6,588 against).

FOR: 31,614,543 (100.0%)AGAINST: 6,588 (0.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE CREATION OF EUR 18.8 MILLION POOL OF AUTHORIZED CAPITAL WITH OR WITHOUT EXCLUSION OF PREEMPTIVE RIGHTS” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

6. APPROVE DISCHARGE OF MANAGEMENT BOARD FOR FISCAL YEAR 2024

CORPORATE GOVERNANCE

98% fund support · no official result

FOR 96%

The 110 asset managers below cast 98% of the shares they voted on this item FOR (30,512,417 for, 761,239 against).

FOR: 30,512,417 (96.5%)AGAINST: 761,239 (2.4%)ABSTAIN: 347,475 (1.1%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE DISCHARGE OF MANAGEMENT BOARD FOR FISCAL YEAR 2024” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Abstain	Vote
Fidelity	7,364,448	0	0	For
MFS	5,646,738	0	0	For
Vanguard	5,531,740	0	0	For
Goldman Sachs	2,498,425	15,318	0	For
Dimensional	986,028	0	0	For
EUPAC FUND	882,323	0	0	For
TIAA	832,750	0	0	For
Investment Managers Series Trust	0	576,821	0	Against
State Street	521,922	0	0	For
Artisan	433,260	0	0	For
Six Circles Trust	390,675	0	0	For
JPMorgan	344,812	0	0	For
Brown Advisory Funds	343,362	0	0	For
Equitable	297,673	0	0	For
John Hancock	286,232	0	0	For
Perpetual Americas Funds Trust	261,266	0	0	For
Capital Group	230,159	0	0	For
TEMPLETON FUNDS	214,910	0	0	For
Legg Mason	214,739	0	0	For
Brighthouse	88,333	0	117,727	Abstain
BAILLIE GIFFORD FUNDS	0	0	194,027	Abstain
Thrivent	193,857	0	0	For
Invesco	181,794	0	0	For
BlackRock	158,576	0	0	For
Listed Funds Trust	153,281	0	0	For

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

7. APPROVE DISCHARGE OF SUPERVISORY BOARD FOR FISCAL YEAR 2024

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 100% of the shares they voted on this item FOR (31,621,131 for, 0 against).

FOR: 31,621,131 (100.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE DISCHARGE OF SUPERVISORY BOARD FOR FISCAL YEAR 2024” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

8. APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2027

CORPORATE GOVERNANCE

99.6% fund support · no official result

FOR 99.6%

The 110 asset managers below cast 99.6% of the shares they voted on this item FOR (31,522,725 for, 98,406 against).

FOR: 31,522,725 (99.7%)AGAINST: 98,406 (0.3%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2027” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Vote
Fidelity	7,364,448	0	For
MFS	5,646,738	0	For
Vanguard	5,531,740	0	For
Goldman Sachs	2,513,743	0	For
Dimensional	986,028	0	For
EUPAC FUND	882,323	0	For
TIAA	832,750	0	For
Investment Managers Series Trust	576,821	0	For
State Street	521,922	0	For
Artisan	433,260	0	For
Six Circles Trust	390,675	0	For
JPMorgan	344,812	0	For
Brown Advisory Funds	343,362	0	For
Equitable	291,495	6,178	For
John Hancock	286,232	0	For
Perpetual Americas Funds Trust	261,266	0	For
Capital Group	230,159	0	For
TEMPLETON FUNDS	214,910	0	For
Legg Mason	214,739	0	For
Brighthouse	206,060	0	For
BAILLIE GIFFORD FUNDS	194,027	0	For
Thrivent	193,857	0	For
Invesco	181,635	159	For
BlackRock	158,576	0	For
Listed Funds Trust	153,281	0	For

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

9. ELECT JEAN MUSTIER TO THE SUPERVISORY BOARD

DIRECTOR ELECTIONS

99.8% fund support · no official result

FOR 99.8%

The 110 asset managers below cast 99.8% of the shares they voted on this item FOR (31,585,065 for, 36,066 against).

FOR: 31,585,065 (99.9%)AGAINST: 36,066 (0.1%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “ELECT JEAN MUSTIER TO THE SUPERVISORY BOARD” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

10. Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2025 and for the Review of Interim Financial Statements for the First Half of Fiscal Year 2025

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 99.9% of the shares they voted on this item FOR (31,597,918 for, 23,213 against).

FOR: 31,597,918 (99.9%)AGAINST: 23,213 (0.1%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2025 and for the Review of Interim Financial St” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

11. Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2025

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 110 asset managers below cast 100% of the shares they voted on this item FOR (31,621,131 for, 0 against).

FOR: 31,621,131 (100.0%)NOT VOTED: 4,510 (0.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2025” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Fidelity	7,364,448	For
MFS	5,646,738	For
Vanguard	5,531,740	For
Goldman Sachs	2,513,743	For
Dimensional	986,028	For
EUPAC FUND	882,323	For
TIAA	832,750	For
Investment Managers Series Trust	576,821	For
State Street	521,922	For
Artisan	433,260	For
Six Circles Trust	390,675	For
JPMorgan	344,812	For
Brown Advisory Funds	343,362	For
Equitable	297,673	For
John Hancock	286,232	For
Perpetual Americas Funds Trust	261,266	For
Capital Group	230,159	For
TEMPLETON FUNDS	214,910	For
Legg Mason	214,739	For
Brighthouse	206,060	For
BAILLIE GIFFORD FUNDS	194,027	For
Thrivent	193,857	For
Invesco	181,794	For
BlackRock	158,576	For
Listed Funds Trust	153,281	For

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

12. Management Board Remuneration Policy

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 (1,188,312 for, 0 against).

FOR: 1,188,312 (100.0%)

Largest asset managers voting on “Management Board Remuneration Policy” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
FAYEZ SAROFIM & CO	21,730	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
LOUISBOURG INVESTMENTS INC.	2,313	For
New York Life	1,105	For
Brighthouse	573	For
Paradice Investment Management LLC	225	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

13. Remuneration Report

COMPENSATION

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (1,188,087 for, 0 against).

FOR: 1,188,087 (100.0%)

Largest asset managers voting on “Remuneration Report” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
FAYEZ SAROFIM & CO	21,730	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
LOUISBOURG INVESTMENTS INC.	2,313	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

14. Allocation of Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (1,166,357 for, 0 against).

FOR: 1,166,357 (100.0%)

Largest asset managers voting on “Allocation of Dividends” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
LOUISBOURG INVESTMENTS INC.	2,313	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

15. Amendments to Articles (Electronic Shares)

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Amendments to Articles (Electronic Shares)” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

16. Amendments to Articles (Virtual Meeting)

CORPORATE GOVERNANCE

99.9% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 99.9% of the shares they voted on this item FOR (1,163,471 for, 573 against).

FOR: 1,163,471 (100.0%)AGAINST: 573 (0.0%)

Largest asset managers voting on “Amendments to Articles (Virtual Meeting)” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	543,376	0	For
SEI	237,601	0	For
Russell Investments	121,704	0	For
Mercer Funds	84,693	0	For
Neuberger Berman	45,348	0	For
Prudential/PGIM	44,284	0	For
SEI Exchange Traded Funds	26,283	0	For
Global X	24,093	0	For
IMPAX FUNDS SERIES TRUST I	15,036	0	For
Hartford	8,654	0	For
Fidelity	6,805	0	For
GUINNESS ATKINSON FUNDS	4,456	0	For
New York Life	1,105	0	For
Brighthouse	0	573	Against
Northern Lights Fund Trust IV	26	0	For
PACE SELECT ADVISORS TRUST	7	0	For

17. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Appointment of Auditor” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

18. Appointment of Auditor for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Appointment of Auditor for Sustainability Reporting” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

19. Elect Jean-Pierre Mustier as Supervisory Board member

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Elect Jean-Pierre Mustier as Supervisory Board member” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

20. Increase in Authorised Capital

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Increase in Authorised Capital” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

21. Ratification of Management Board Acts

CORPORATE GOVERNANCE

12% fund support · no official result

12%AGAINST 88%

The 16 asset managers below cast 12% of the shares they voted on this item FOR (144,013 for, 1,020,031 against).

FOR: 144,013 (12.4%)AGAINST: 1,020,031 (87.6%)

Largest asset managers voting on “Ratification of Management Board Acts” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	0	543,376	Against
SEI	0	237,601	Against
Russell Investments	0	121,704	Against
Mercer Funds	84,693	0	For
Neuberger Berman	0	45,348	Against
Prudential/PGIM	44,284	0	For
SEI Exchange Traded Funds	0	26,283	Against
Global X	0	24,093	Against
IMPAX FUNDS SERIES TRUST I	15,036	0	For
Hartford	0	8,654	Against
Fidelity	0	6,805	Against
GUINNESS ATKINSON FUNDS	0	4,456	Against
New York Life	0	1,105	Against
Brighthouse	0	573	Against
Northern Lights Fund Trust IV	0	26	Against
PACE SELECT ADVISORS TRUST	0	7	Against

22. Ratification of Supervisory Board Acts

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,164,044 for, 0 against).

FOR: 1,164,044 (100.0%)

Largest asset managers voting on “Ratification of Supervisory Board Acts” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Charles Schwab	543,376	For
SEI	237,601	For
Russell Investments	121,704	For
Mercer Funds	84,693	For
Neuberger Berman	45,348	For
Prudential/PGIM	44,284	For
SEI Exchange Traded Funds	26,283	For
Global X	24,093	For
IMPAX FUNDS SERIES TRUST I	15,036	For
Hartford	8,654	For
Fidelity	6,805	For
GUINNESS ATKINSON FUNDS	4,456	For
New York Life	1,105	For
Brighthouse	573	For
Northern Lights Fund Trust IV	26	For
PACE SELECT ADVISORS TRUST	7	For

23. Receive Financial Statements and Statutory Reports for Fiscal Year 2024 (Non-Voting)

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

— fund support · no official result

ABSTAIN 19%NOT VOTED 37%N/A 31%8%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 59,008 (18.8%)NOT VOTED: 115,381 (36.8%)N/A: 97,330 (31.0%)UNKNOWN: 24,496 (7.8%)NO VOTE: 17,412 (5.6%)

Largest asset managers voting on “Receive Financial Statements and Statutory Reports for Fiscal Year 2024 (Non-Voting)” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	Abstain	Vote
Lincoln Financial	5,106	Not Voted
Empower	0	N/A
Advisors' Inner Circle Fund II	29,946	Abstain
RBB FUND, INC.	0	Unknown
Catholic Responsible Investments Funds	23,213	Abstain
Brighthouse	0	No Vote
Symmetry Panoramic Trust	655	Abstain
Advisors' Inner Circle Fund III	88	Abstain
Dunham Funds	0	--
Northern Lights Fund Trust IV	0	--

24. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (177,678 for, 0 against).

FOR: 177,678 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
GROUPAMA ASSET MANAGMENT	105,968	For
TD ASSET MANAGEMENT INC	71,304	For
Regime de rentes du Mouvement Desjardins	406	For

25. Resolution on the approval of the remuneration report

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (896,456 for, 0 against).

FOR: 896,456 (100.0%)

Largest asset managers voting on “Resolution on the approval of the remuneration report” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Vote
Union Investment Privatfonds GmbH	822,835	For
Union Investment Institutional GmbH	62,083	For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	11,538	For

26. Resolution on the approval of the remuneration system for the Management Board members

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (884,918 for, 0 against).

FOR: 884,918 (100.0%)

Largest asset managers voting on “Resolution on the approval of the remuneration system for the Management Board members” at DEUTSCHE BOERSE AG, 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Union Investment Privatfonds GmbH	822,835	0	0	0	For
Union Investment Institutional GmbH	62,083	0	0	0	For

Largest DEUTSCHE BOERSE AG shareholders voting in 2024-2025

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

Top DEUTSCHE BOERSE AG shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	BlackRock	7,907,080
2	Fidelity	7,364,448
3	MFS	5,646,738
4	Vanguard	5,531,740
5	JPMorgan	3,390,719
6	Goldman Sachs	2,513,743
7	Dimensional	986,028
8	EUPAC FUND	882,323
9	TIAA	832,750
10	BAILLIE GIFFORD OVERSEAS LTD	827,178

Shown as share counts, not percentages: no shares-outstanding figure has been matched to DEUTSCHE BOERSE AG 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 DEUTSCHE BOERSE AG's shareholder meeting held 2025-05-14, in the 2024-2025 proxy season, 149 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,584 separate fund positions. Their filings are grouped here into 26 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 — the reporting funds cast 99.1% 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.

DEUTSCHE BOERSE AG proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.