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Deutsche Boerse AG 2025-2026 Proxy Voting Records

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

29Reported items
136Asset managers
3,577Fund votes
2026-05-13Meeting 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 2025-2026 meeting

Each item below shows how the 136 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

COMPENSATION

99.7% fund support · no official result

FOR 99.1%

The 86 asset managers below cast 99.7% of the shares they voted on this item FOR (33,745,200 for, 71,493 against).

FOR: 33,745,200 (99.2%)AGAINST: 71,493 (0.2%)NOT VOTED: 212,219 (0.6%)

Largest asset managers voting on “Approve Remuneration Report” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Vote
BlackRock	9,132,348	0	For
MFS	6,510,137	0	For
Vanguard	5,851,702	0	For
Fidelity	3,717,718	0	For
JPMorgan	1,757,685	0	For
EUPAC FUND	832,586	0	For
TIAA	675,882	0	For
Hengistbury Investment Partners LLP	612,201	0	For
Capital Group	584,789	0	For
State Street	532,298	0	For
APG Asset Management US Inc.	430,212	0	For
Equitable	285,596	3,875	For
Perpetual Americas Funds Trust	200,500	67,618	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	0	For
Transamerica	168,011	0	For
American Century	160,730	0	For
Legg Mason	159,599	0	For
Lincoln Financial	143,330	0	For
Lazard	138,204	0	For
DWS	121,738	0	For
Dimensional	110,243	0	For
Brighthouse	97,194	0	For
Pacific Life	95,775	0	For
Empower	90,920	0	For
Goldman Sachs	83,423	0	For

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

2. Amend Articles Re: Introduction of a Second Deputy Chair

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,021,286 for, 0 against).

FOR: 27,021,286 (100.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Amend Articles Re: Introduction of a Second Deputy Chair” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

3. Approve Allocation of Income and Dividends of EUR 4.20 per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,021,286 for, 0 against).

FOR: 27,021,286 (100.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 4.20 per Share” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

4. Approve Creation of EUR 16.8 Million Pool of Authorized Capital with Preemptive Rights

CAPITAL STRUCTURE

99.9% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 99.9% of the shares they voted on this item FOR (27,012,970 for, 8,316 against).

FOR: 27,012,970 (100.0%)AGAINST: 8,316 (0.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Approve Creation of EUR 16.8 Million Pool of Authorized Capital with Preemptive Rights” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

5. Approve Discharge of Management Board for Fiscal Year 2025

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,014,186 for, 0 against).

FOR: 27,014,186 (100.0%)ABSTAIN: 7,100 (0.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board for Fiscal Year 2025” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
MFS	6,510,137	0	For
Vanguard	5,851,702	0	For
BlackRock	4,408,588	0	For
Fidelity	3,717,718	0	For
EUPAC FUND	832,586	0	For
JPMorgan	731,615	0	For
TIAA	675,882	0	For
Capital Group	584,789	0	For
State Street	532,298	0	For
Equitable	285,596	3,875	For
Perpetual Americas Funds Trust	268,118	0	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	0	For
Transamerica	168,011	0	For
American Century	160,730	0	For
Legg Mason	159,599	0	For
Lincoln Financial	143,330	0	For
Lazard	138,204	0	For
DWS	121,738	0	For
Dimensional	110,243	0	For
Brighthouse	97,194	0	For
Pacific Life	95,775	0	For
Empower	90,920	0	For
Goldman Sachs	83,423	0	For
Northern Trust	76,814	0	For
GuideStone	76,228	0	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

6. Approve Discharge of Supervisory Board for Fiscal Year 2025

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,021,286 for, 0 against).

FOR: 27,021,286 (100.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board for Fiscal Year 2025” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

7. Elect Claudia Nemat to the Supervisory Board

DIRECTOR ELECTIONS

99.7% fund support · no official result

FOR 99.7%

The 82 asset managers below cast 99.7% of the shares they voted on this item FOR (26,956,398 for, 64,888 against).

FOR: 26,956,398 (99.7%)AGAINST: 64,888 (0.2%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Elect Claudia Nemat to the Supervisory Board” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

8. Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2026 and for the Review of Interim Financial Statements for the First Half of Fiscal Year 2026

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,021,286 for, 0 against).

FOR: 27,021,286 (100.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2026 and for the Review of Interim Financial St” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

9. Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2026

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (27,021,286 for, 0 against).

FOR: 27,021,286 (100.0%)NOT VOTED: 4,673 (0.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2026” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
MFS	6,510,137	For
Vanguard	5,851,702	For
BlackRock	4,408,588	For
Fidelity	3,717,718	For
EUPAC FUND	832,586	For
JPMorgan	731,615	For
TIAA	675,882	For
Capital Group	584,789	For
State Street	532,298	For
Equitable	289,471	For
Perpetual Americas Funds Trust	268,118	For
INTERNATIONAL GROWTH & INCOME FUND	257,349	For
Transamerica	168,011	For
American Century	160,730	For
Legg Mason	159,599	For
Lincoln Financial	143,330	For
Lazard	138,204	For
DWS	121,738	For
Dimensional	110,243	For
Brighthouse	97,194	For
Pacific Life	95,775	For
Empower	90,920	For
Goldman Sachs	83,423	For
Northern Trust	76,814	For
GuideStone	76,228	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

10. RESOLUTION ON THE APPROVAL OF THE REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

97% fund support · no official result

FOR 96%

The 41 asset managers below cast 97% of the shares they voted on this item FOR (10,689,261 for, 367,820 against).

FOR: 10,689,261 (95.6%)AGAINST: 367,820 (3.3%)ABSTAIN: 123,810 (1.1%)

Largest asset managers voting on “RESOLUTION ON THE APPROVAL OF THE REMUNERATION REPORT” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	5,368,967	367,820	0	For
Union Investment Management GmbH	1,914,649	0	0	For
BAILLIE GIFFORD OVERSEAS LTD	640,519	0	123,810	For
Bridge Builder Trust	549,611	0	0	For
Brown Advisory Funds	467,416	0	0	For
Six Circles Trust	436,784	0	0	For
BAILLIE GIFFORD & CO LTD	273,457	0	0	For
BAILLIE GIFFORD FUNDS	156,758	0	0	For
Jackson National	146,524	0	0	For
BBH Trust	126,718	0	0	For
Brighthouse	112,501	0	0	For
Siemens Fonds Invest GmbH	66,573	0	0	For
Harbor ETF Trust	60,875	0	0	For
Baillie Gifford Investment Management (Europe) Ltd	48,301	0	0	For
HARBOR FUNDS	45,984	0	0	For
OPTIMUM FUND TRUST	42,540	0	0	For
John Hancock	42,260	0	0	For
Northern Trust	35,175	0	0	For
Goldman Sachs	30,452	0	0	For
BAILLIE GIFFORD & CO	24,348	0	0	For
Diversified Trust Co	24,237	0	0	For
CLEARWATER INVESTMENT TRUST	16,429	0	0	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	14,350	0	0	For
1832 Asset Management L.P.	10,440	0	0	For
Northern Lights Fund Trust IV	9,475	0	0	For

Showing the 25 largest of 41 asset managers. See all 41 in the interactive database.

11. RESOLUTION ON AMENDMENTS OF THE ARTICLES OF INCORPORATION TO ALLOW FOR THE APPOINTMENT OF A SECOND DEPUTY CHAIRPERSON OF THE SUPERVISORY BOARD AND THE RELATED ADJUSTMENT OF THE REMUNERATION FOR MEMBERS OF THE SUPERVISORY BOARD, INCLUDING THE REMUNERATION SYSTEM ON WHICH IT IS BASED, AND THE CORRESPONDING AMENDMENT TO THE ARTICLES OF INCORPORATION

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (2,296,511 for, 0 against).

FOR: 2,296,511 (100.0%)

Largest asset managers voting on “RESOLUTION ON AMENDMENTS OF THE ARTICLES OF INCORPORATION TO ALLOW FOR THE APPOINTMENT OF A SECOND DEPUTY CHAI” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
Bridge Builder Trust	549,611	For
Brown Advisory Funds	467,416	For
Six Circles Trust	436,784	For
BAILLIE GIFFORD FUNDS	156,758	For
Jackson National	146,524	For
BBH Trust	126,718	For
Brighthouse	112,501	For
Harbor ETF Trust	60,875	For
HARBOR FUNDS	45,984	For
OPTIMUM FUND TRUST	42,540	For
John Hancock	42,260	For
BlackRock	36,881	For
Goldman Sachs	30,452	For
CLEARWATER INVESTMENT TRUST	16,429	For
Northern Lights Fund Trust IV	9,475	For
GREEN CENTURY FUNDS	5,968	For
WILSHIRE MUTUAL FUNDS INC	2,810	For
PFM Multi-Manager Series Trust	2,398	For
Pacer Funds Trust	1,495	For
EA Series Trust	1,305	For
Zacks Trust	635	For
RBC FUNDS TRUST	550	For
Tema ETF Trust	53	For
Amplify ETF Trust	48	For
Rayliant Funds Trust	41	For

12. RESOLUTION ON CANCELLING THE EXISTING AUTHORISED CAPITAL I AND CREATING A NEW AUTHORISED CAPITAL 2026 WITH THE OPTION OF EXCLUDING SUBSCRIPTION RIGHTS FOR FRACTIONAL AMOUNTS, AND ON AMENDING THE ARTICLES OF INCORPORATION TO THAT EFFECT

CAPITAL STRUCTURE

99.5% fund support · no official result

FOR 99.5%

The 25 asset managers below cast 99.5% of the shares they voted on this item FOR (2,287,036 for, 9,475 against).

FOR: 2,287,036 (99.6%)AGAINST: 9,475 (0.4%)

Largest asset managers voting on “RESOLUTION ON CANCELLING THE EXISTING AUTHORISED CAPITAL I AND CREATING A NEW AUTHORISED CAPITAL 2026 WITH THE” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Vote
Bridge Builder Trust	549,611	0	For
Brown Advisory Funds	467,416	0	For
Six Circles Trust	436,784	0	For
BAILLIE GIFFORD FUNDS	156,758	0	For
Jackson National	146,524	0	For
BBH Trust	126,718	0	For
Brighthouse	112,501	0	For
Harbor ETF Trust	60,875	0	For
HARBOR FUNDS	45,984	0	For
OPTIMUM FUND TRUST	42,540	0	For
John Hancock	42,260	0	For
BlackRock	36,881	0	For
Goldman Sachs	30,452	0	For
CLEARWATER INVESTMENT TRUST	16,429	0	For
Northern Lights Fund Trust IV	0	9,475	Against
GREEN CENTURY FUNDS	5,968	0	For
WILSHIRE MUTUAL FUNDS INC	2,810	0	For
PFM Multi-Manager Series Trust	2,398	0	For
Pacer Funds Trust	1,495	0	For
EA Series Trust	1,305	0	For
Zacks Trust	635	0	For
RBC FUNDS TRUST	550	0	For
Tema ETF Trust	53	0	For
Amplify ETF Trust	48	0	For
Rayliant Funds Trust	41	0	For

13. RESOLUTION ON THE APPROPRIATION OF UNAPPROPRIATED SURPLUS

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (2,296,511 for, 0 against).

FOR: 2,296,511 (100.0%)

Largest asset managers voting on “RESOLUTION ON THE APPROPRIATION OF UNAPPROPRIATED SURPLUS” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
Bridge Builder Trust	549,611	For
Brown Advisory Funds	467,416	For
Six Circles Trust	436,784	For
BAILLIE GIFFORD FUNDS	156,758	For
Jackson National	146,524	For
BBH Trust	126,718	For
Brighthouse	112,501	For
Harbor ETF Trust	60,875	For
HARBOR FUNDS	45,984	For
OPTIMUM FUND TRUST	42,540	For
John Hancock	42,260	For
BlackRock	36,881	For
Goldman Sachs	30,452	For
CLEARWATER INVESTMENT TRUST	16,429	For
Northern Lights Fund Trust IV	9,475	For
GREEN CENTURY FUNDS	5,968	For
WILSHIRE MUTUAL FUNDS INC	2,810	For
PFM Multi-Manager Series Trust	2,398	For
Pacer Funds Trust	1,495	For
EA Series Trust	1,305	For
Zacks Trust	635	For
RBC FUNDS TRUST	550	For
Tema ETF Trust	53	For
Amplify ETF Trust	48	For
Rayliant Funds Trust	41	For

14. RESOLUTION ON THE ELECTION OF A NEW MEMBER OF THE SUPERVISORY BOARD: CLAUDIA NEMAT

DIRECTOR ELECTIONS

99.7% fund support · no official result

FOR 99.7%

The 25 asset managers below cast 99.7% of the shares they voted on this item FOR (2,290,543 for, 5,968 against).

FOR: 2,290,543 (99.7%)AGAINST: 5,968 (0.3%)

Largest asset managers voting on “RESOLUTION ON THE ELECTION OF A NEW MEMBER OF THE SUPERVISORY BOARD: CLAUDIA NEMAT” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Vote
Bridge Builder Trust	549,611	0	For
Brown Advisory Funds	467,416	0	For
Six Circles Trust	436,784	0	For
BAILLIE GIFFORD FUNDS	156,758	0	For
Jackson National	146,524	0	For
BBH Trust	126,718	0	For
Brighthouse	112,501	0	For
Harbor ETF Trust	60,875	0	For
HARBOR FUNDS	45,984	0	For
OPTIMUM FUND TRUST	42,540	0	For
John Hancock	42,260	0	For
BlackRock	36,881	0	For
Goldman Sachs	30,452	0	For
CLEARWATER INVESTMENT TRUST	16,429	0	For
Northern Lights Fund Trust IV	9,475	0	For
GREEN CENTURY FUNDS	0	5,968	Against
WILSHIRE MUTUAL FUNDS INC	2,810	0	For
PFM Multi-Manager Series Trust	2,398	0	For
Pacer Funds Trust	1,495	0	For
EA Series Trust	1,305	0	For
Zacks Trust	635	0	For
RBC FUNDS TRUST	550	0	For
Tema ETF Trust	53	0	For
Amplify ETF Trust	48	0	For
Rayliant Funds Trust	41	0	For

15. RESOLUTION ON THE ELECTION OF THE AUDITOR AND GROUP AUDITOR FOR FINANCIAL YEAR 2026 AS WELL AS THE AUDITOR FOR THE REVIEW OF THE CONDENSED FINANCIAL STATEMENTS AND THE INTERIM MANAGEMENT REPORT FOR THE FIRST HALF OF FINANCIAL YEAR 2026

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (2,296,511 for, 0 against).

FOR: 2,296,511 (100.0%)

Largest asset managers voting on “RESOLUTION ON THE ELECTION OF THE AUDITOR AND GROUP AUDITOR FOR FINANCIAL YEAR 2026 AS WELL AS THE AUDITOR FOR” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
Bridge Builder Trust	549,611	For
Brown Advisory Funds	467,416	For
Six Circles Trust	436,784	For
BAILLIE GIFFORD FUNDS	156,758	For
Jackson National	146,524	For
BBH Trust	126,718	For
Brighthouse	112,501	For
Harbor ETF Trust	60,875	For
HARBOR FUNDS	45,984	For
OPTIMUM FUND TRUST	42,540	For
John Hancock	42,260	For
BlackRock	36,881	For
Goldman Sachs	30,452	For
CLEARWATER INVESTMENT TRUST	16,429	For
Northern Lights Fund Trust IV	9,475	For
GREEN CENTURY FUNDS	5,968	For
WILSHIRE MUTUAL FUNDS INC	2,810	For
PFM Multi-Manager Series Trust	2,398	For
Pacer Funds Trust	1,495	For
EA Series Trust	1,305	For
Zacks Trust	635	For
RBC FUNDS TRUST	550	For
Tema ETF Trust	53	For
Amplify ETF Trust	48	For
Rayliant Funds Trust	41	For

16. RESOLUTION ON THE ELECTION OF THE AUDITOR FOR THE SUSTAINABILITY REPORTING FOR FINANCIAL YEAR 2026

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (2,296,511 for, 0 against).

FOR: 2,296,511 (100.0%)

Largest asset managers voting on “RESOLUTION ON THE ELECTION OF THE AUDITOR FOR THE SUSTAINABILITY REPORTING FOR FINANCIAL YEAR 2026” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
Bridge Builder Trust	549,611	For
Brown Advisory Funds	467,416	For
Six Circles Trust	436,784	For
BAILLIE GIFFORD FUNDS	156,758	For
Jackson National	146,524	For
BBH Trust	126,718	For
Brighthouse	112,501	For
Harbor ETF Trust	60,875	For
HARBOR FUNDS	45,984	For
OPTIMUM FUND TRUST	42,540	For
John Hancock	42,260	For
BlackRock	36,881	For
Goldman Sachs	30,452	For
CLEARWATER INVESTMENT TRUST	16,429	For
Northern Lights Fund Trust IV	9,475	For
GREEN CENTURY FUNDS	5,968	For
WILSHIRE MUTUAL FUNDS INC	2,810	For
PFM Multi-Manager Series Trust	2,398	For
Pacer Funds Trust	1,495	For
EA Series Trust	1,305	For
Zacks Trust	635	For
RBC FUNDS TRUST	550	For
Tema ETF Trust	53	For
Amplify ETF Trust	48	For
Rayliant Funds Trust	41	For

17. RESOLUTION ON THE RATIFICATION OF THE ACTS OF THE MEMBERS OF THE EXECUTIVE BOARD

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 65%ABSTAIN 35%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (1,497,199 for, 0 against).

FOR: 1,497,199 (65.2%)ABSTAIN: 799,312 (34.8%)

Largest asset managers voting on “RESOLUTION ON THE RATIFICATION OF THE ACTS OF THE MEMBERS OF THE EXECUTIVE BOARD” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Bridge Builder Trust	357,741	191,870	For
Brown Advisory Funds	467,416	0	For
Six Circles Trust	436,784	0	For
BAILLIE GIFFORD FUNDS	0	156,758	Abstain
Jackson National	28,785	117,739	Abstain
BBH Trust	0	126,718	Abstain
Brighthouse	0	112,501	Abstain
Harbor ETF Trust	60,875	0	For
HARBOR FUNDS	45,984	0	For
OPTIMUM FUND TRUST	0	42,540	Abstain
John Hancock	42,260	0	For
BlackRock	36,881	0	For
Goldman Sachs	0	30,452	Abstain
CLEARWATER INVESTMENT TRUST	0	16,429	Abstain
Northern Lights Fund Trust IV	9,475	0	For
GREEN CENTURY FUNDS	5,968	0	For
WILSHIRE MUTUAL FUNDS INC	0	2,810	Abstain
PFM Multi-Manager Series Trust	2,398	0	For
Pacer Funds Trust	0	1,495	Abstain
EA Series Trust	1,305	0	For
Zacks Trust	635	0	For
RBC FUNDS TRUST	550	0	For
Tema ETF Trust	53	0	For
Amplify ETF Trust	48	0	For
Rayliant Funds Trust	41	0	For

18. RESOLUTION ON THE RATIFICATION OF THE ACTS OF THE MEMBERS OF THE SUPERVISORY BOARD

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (2,296,511 for, 0 against).

FOR: 2,296,511 (100.0%)

Largest asset managers voting on “RESOLUTION ON THE RATIFICATION OF THE ACTS OF THE MEMBERS OF THE SUPERVISORY BOARD” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Vote
Bridge Builder Trust	549,611	For
Brown Advisory Funds	467,416	For
Six Circles Trust	436,784	For
BAILLIE GIFFORD FUNDS	156,758	For
Jackson National	146,524	For
BBH Trust	126,718	For
Brighthouse	112,501	For
Harbor ETF Trust	60,875	For
HARBOR FUNDS	45,984	For
OPTIMUM FUND TRUST	42,540	For
John Hancock	42,260	For
BlackRock	36,881	For
Goldman Sachs	30,452	For
CLEARWATER INVESTMENT TRUST	16,429	For
Northern Lights Fund Trust IV	9,475	For
GREEN CENTURY FUNDS	5,968	For
WILSHIRE MUTUAL FUNDS INC	2,810	For
PFM Multi-Manager Series Trust	2,398	For
Pacer Funds Trust	1,495	For
EA Series Trust	1,305	For
Zacks Trust	635	For
RBC FUNDS TRUST	550	For
Tema ETF Trust	53	For
Amplify ETF Trust	48	For
Rayliant Funds Trust	41	For

19. Allocation of Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Allocation of Dividends” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

20. Amendments to Articles (Second Vice Chair)

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Amendments to Articles (Second Vice Chair)” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

21. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Appointment of Auditor” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

22. Appointment of Auditor for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Appointment of Auditor for Sustainability Reporting” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

23. Elect Claudia Nemat as Supervisory Board Member

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Elect Claudia Nemat as Supervisory Board Member” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

24. Increase in Authorised Capital

CAPITAL STRUCTURE

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 (1,337,304 for, 1,150 against).

FOR: 1,337,304 (99.9%)AGAINST: 1,150 (0.1%)

Largest asset managers voting on “Increase in Authorised Capital” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Against
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

25. Ratification of Management Board Acts

CORPORATE GOVERNANCE

99.1% fund support · no official result

FOR 34%ABSTAIN 65%

The 16 asset managers below cast 99.1% of the shares they voted on this item FOR (458,320 for, 3,939 against).

FOR: 458,320 (34.2%)AGAINST: 3,939 (0.3%)ABSTAIN: 876,195 (65.5%)

Largest asset managers voting on “Ratification of Management Board Acts” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Against	Abstain	Vote
Charles Schwab	0	0	590,656	Abstain
Vanguard	308,741	0	0	For
Mercer Funds	113,240	0	0	For
Russell Investments	0	0	102,947	Abstain
SEI	0	0	91,088	Abstain
Prudential/PGIM	36,123	0	0	For
Neuberger Berman	0	0	33,295	Abstain
Global X	0	0	24,514	Abstain
SEI Exchange Traded Funds	0	0	23,793	Abstain
Venerable Variable Insurance Trust	0	0	8,373	Abstain
GUINNESS ATKINSON FUNDS	0	3,939	0	Against
Brighthouse	150	0	1,150	Abstain
Adviser Managed Trust	0	0	342	Abstain
Hartford	66	0	0	For
Northern Lights Fund Trust IV	0	0	31	Abstain
PACE SELECT ADVISORS TRUST	0	0	6	Abstain

26. Ratification of Supervisory Board Acts

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Ratification of Supervisory Board Acts” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

27. Remuneration Report

COMPENSATION

100% fund support · no official result

FOR 99.9%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (1,337,304 for, 0 against).

FOR: 1,337,304 (99.9%)ABSTAIN: 1,150 (0.1%)

Largest asset managers voting on “Remuneration Report” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
Charles Schwab	590,656	0	For
Vanguard	308,741	0	For
Mercer Funds	113,240	0	For
Russell Investments	102,947	0	For
SEI	91,088	0	For
Prudential/PGIM	36,123	0	For
Neuberger Berman	33,295	0	For
Global X	24,514	0	For
SEI Exchange Traded Funds	23,793	0	For
Venerable Variable Insurance Trust	8,373	0	For
GUINNESS ATKINSON FUNDS	3,939	0	For
Brighthouse	150	1,150	Abstain
Adviser Managed Trust	342	0	For
Hartford	66	0	For
Northern Lights Fund Trust IV	31	0	For
PACE SELECT ADVISORS TRUST	6	0	For

28. Receive Financial Statements and Statutory Reports for Fiscal Year 2025 (Non-Voting)

CORPORATE GOVERNANCE

100% fund support · no official result

NOT VOTED 83%9%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (3,648 for, 0 against).

FOR: 3,648 (0.4%)ABSTAIN: 51,733 (5.3%)NOT VOTED: 809,397 (83.3%)N/A: 90,920 (9.4%)UNKNOWN: 16,346 (1.7%)

Largest asset managers voting on “Receive Financial Statements and Statutory Reports for Fiscal Year 2025 (Non-Voting)” at Deutsche Boerse AG, 2025-2026
Asset manager	For	Abstain	Vote
JPMorgan	0	0	Not Voted
Empower	0	0	N/A
Brighthouse	0	0	Not Voted
Catholic Responsible Investments Funds	0	50,310	Abstain
RBB FUND, INC.	0	0	Unknown
Lincoln Financial	0	0	Not Voted
iM Global Partner Funds	3,648	0	For
Venerable Variable Insurance Trust	0	0	Unknown
NORTHERN LIGHTS FUND TRUST II	0	0	Unknown
Advisors' Inner Circle Fund III	0	768	Abstain
Symmetry Panoramic Trust	0	655	Abstain
Forethought Variable Insurance Trust	0	0	--

Showing the 28 reported items with the widest manager coverage, of 29 in total. View every item.

Largest Deutsche Boerse AG shareholders voting in 2025-2026

Ranked by the number of Deutsche Boerse AG shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top Deutsche Boerse AG shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	BlackRock	9,132,348
2	MFS	6,510,137
3	Vanguard	5,851,702
4	Fidelity	3,717,718
5	JPMorgan	1,965,231
6	EUPAC FUND	832,586
7	TIAA	675,882
8	Hengistbury Investment Partners LLP	612,201
9	Capital Group	584,789
10	State Street	532,298

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Deutsche Boerse AG for the 2025-2026 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 02 October 2026; a live search always shows the current data.

At Deutsche Boerse AG's shareholder meeting held 2026-05-13, in the 2025-2026 proxy season, 136 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,577 separate fund positions. Their filings are grouped here into 29 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. 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 99.7% 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 · 2025-2026 (this page).