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ECOLAB INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and ECOLAB INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

24Reported items
1,099Asset managers
13,116Fund votes
2024-05-02Meeting date

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

Explore ECOLAB INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by ECOLAB INC.

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

ECOLAB INC. — official shareholder meeting results, meeting held 2024-05-02
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Judson B. Althoff	235,442,974	1,127,340	315,077	--	16,324,279	Majority: yes
Elect Director: Shari L. Ballard	233,558,697	3,021,069	305,625	--	16,324,279	Majority: yes
Elect Director: Christophe Beck	219,237,167	15,495,776	2,152,448	--	16,324,279	Majority: yes
Elect Director: Eric M. Green	225,817,475	10,722,873	345,043	--	16,324,279	Majority: yes
Elect Director: Arthur J. Higgins	228,040,856	8,533,238	311,297	--	16,324,279	Majority: yes
Elect Director: Michael Larson	231,803,857	4,780,731	300,803	--	16,324,279	Majority: yes
Elect Director: David W. MacLennan	224,735,704	11,185,684	964,003	--	16,324,279	Majority: yes
Elect Director: Tracy B. McKibben	230,267,692	6,295,147	322,552	--	16,324,279	Majority: yes
Elect Director: Lionel L. Nowell III	223,237,131	13,328,631	319,629	--	16,324,279	Majority: yes
Elect Director: Victoria J. Reich	216,358,299	20,198,369	328,723	--	16,324,279	Majority: yes
Elect Director: Suzanne M. Vautrinot	231,359,649	5,217,143	308,599	--	16,324,279	Majority: yes
Elect Director: John J. Zillmer	178,147,714	58,365,681	371,996	--	16,324,279	Majority: yes
2 The fourth proposal was a vote to approve a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved:	80,099,938	155,916,952	868,501	--	16,324,279	Majority: no

Source: ECOLAB INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the ECOLAB INC. 2023-2024 meeting

Each item below shows how the 1,099 asset managers that disclosed a ECOLAB INC. 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 ECOLAB INC.’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, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Statement.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

Combines 15 wordings of this item as funds reported it.

94% fund support · no official result

FOR 94%

The 1,001 asset managers below cast 94% of the shares they voted on this item FOR (195,913,896 for, 12,102,030 against).

FOR: 195,913,896 (94.0%)AGAINST: 12,102,030 (5.8%)ABSTAIN: 328,410 (0.2%)NOT VOTED: 33,925 (0.0%)UNKNOWN: 10,164 (0.0%)

Largest asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	30,407,536	0	For
BlackRock	15,407,731	1,439	For
State Street	9,074,129	87,204	For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST	9,000,000	0	For
Fidelity	7,564,514	0	For
Wellington	6,795,888	0	For
Invesco	4,933,051	0	For
GEODE CAPITAL MANAGEMENT, LLC	4,929,449	0	For
Capital Group	4,637,688	438	For
Aristotle Capital Management, LLC	4,374,075	0	For
Man Group plc	4,283,590	0	For
PICTET ASSET MANAGEMENT SA	3,675,381	0	For
MCDONALD CAPITAL INVESTORS INC/CA	3,340,411	0	For
Putnam	3,126,204	0	For
RBC Capital Markets, LLC	2,807,508	0	For
Charles Schwab	2,748,469	0	For
FRANKLIN ADVISERS INC	2,658,702	0	For
Northern Trust	2,623,552	25,382	For
UBS	2,431,710	0	For
American Century	2,324,626	0	For
Calvert	2,237,431	0	For
BROWN ADVISORY INC	2,003,014	0	For
Sustainable Growth Advisers, LP	1,860,250	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	For
Bridge Builder Trust	1,778,567	38,418	For

Showing the 25 largest of 1,001 asset managers. See all 1,001 in the interactive database.

2. Election of Directors: Arthur J. Higgins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 228,040,856AGAINST: 8,533,238

ECOLAB INC.’s own tally for this item (“Elect Director: Arthur J. Higgins”): 228,040,856 for, 8,533,238 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 80% for, 3% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.5% of the shares they voted on this item FOR (73,685,089 for, 330,846 against).

FOR 99.4%

FOR: 73,685,089 (99.5%)AGAINST: 330,846 (0.4%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 9,868 (0.0%)

Largest asset managers voting on “Election of Directors: Arthur J. Higgins” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,127	358	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,778,567	38,418	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

3. Election of Directors: Christophe Beck

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 219,237,167AGAINST: 15,495,776

ECOLAB INC.’s own tally for this item (“Elect Director: Christophe Beck”): 219,237,167 for, 15,495,776 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 77% for, 5% against (82% of the company cast a for/against vote).

The 185 asset managers below cast 99.8% of the shares they voted on this item FOR (73,911,722 for, 104,356 against).

FOR 99.8%

FOR: 73,911,722 (99.8%)AGAINST: 104,356 (0.1%)ABSTAIN: 33,224 (0.0%)UNKNOWN: 9,668 (0.0%)

Largest asset managers voting on “Election of Directors: Christophe Beck” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,234	251	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

4. Election of Directors: David W. MacLennan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 224,735,704AGAINST: 11,185,684

ECOLAB INC.’s own tally for this item (“Elect Director: David W. MacLennan”): 224,735,704 for, 11,185,684 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 98% of the shares they voted on this item FOR (72,551,186 for, 1,465,983 against).

FOR 98%

FOR: 72,551,186 (98.0%)AGAINST: 1,465,983 (2.0%)ABSTAIN: 33,190 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: David W. MacLennan” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,774,145	3,160	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,021	464	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	0	1,113,312	0	Against
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

5. Election of Directors: Eric M. Green

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 225,817,475AGAINST: 10,722,873

ECOLAB INC.’s own tally for this item (“Elect Director: Eric M. Green”): 225,817,475 for, 10,722,873 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.5% of the shares they voted on this item FOR (73,714,605 for, 302,585 against).

FOR 99.5%

FOR: 73,714,605 (99.5%)AGAINST: 302,585 (0.4%)ABSTAIN: 33,168 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Eric M. Green” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,774,145	3,160	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,021	464	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

6. Election of Directors: John J. Zillmer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

75% Majority: yes · of votes cast

FOR 75%AGAINST 25%

FOR: 178,147,714AGAINST: 58,365,681

ECOLAB INC.’s own tally for this item (“Elect Director: John J. Zillmer”): 178,147,714 for, 58,365,681 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 62% for, 20% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 73% of the shares they voted on this item FOR (54,202,337 for, 19,809,937 against).

FOR 73%AGAINST 27%

FOR: 54,202,337 (73.2%)AGAINST: 19,809,937 (26.7%)ABSTAIN: 36,828 (0.0%)UNKNOWN: 9,868 (0.0%)

Largest asset managers voting on “Election of Directors: John J. Zillmer” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	23,676,886	5,666,282	0	For
Fidelity	5,715,312	100,515	0	For
BlackRock	9,333	5,767,972	0	Against
Putnam	0	2,743,072	0	Against
State Street	2,465,127	358	0	For
Invesco	0	2,291,631	0	Against
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,283,286	533,699	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	48,239	515,402	30,707	Against
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	241,934	234,741	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	0	392,172	0	Against

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

7. Election of Directors: Judson B. Althoff

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 8 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 235,442,974AGAINST: 1,127,340

ECOLAB INC.’s own tally for this item (“Elect Director: Judson B. Althoff”): 235,442,974 for, 1,127,340 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 82% for, 0.4% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (73,954,716 for, 62,476 against).

FOR 99.8%

FOR: 73,954,716 (99.9%)AGAINST: 62,476 (0.1%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Judson B. Althoff” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,777,305	0	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,485	0	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

8. Election of Directors: Lionel L. Nowell III

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 8 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 223,237,131AGAINST: 13,328,631

ECOLAB INC.’s own tally for this item (“Elect Director: Lionel L. Nowell III”): 223,237,131 for, 13,328,631 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 78% for, 5% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 91% of the shares they voted on this item FOR (67,335,587 for, 6,681,605 against).

FOR 91%9%

FOR: 67,335,587 (90.9%)AGAINST: 6,681,605 (9.0%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Lionel L. Nowell III” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	23,676,886	5,666,282	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,278	207	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,344,191	472,794	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	228,185	335,456	30,707	Against
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

9. Election of Directors: Michael Larson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 231,803,857AGAINST: 4,780,731

ECOLAB INC.’s own tally for this item (“Elect Director: Michael Larson”): 231,803,857 for, 4,780,731 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 81% for, 2% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (73,955,619 for, 61,573 against).

FOR 99.8%

FOR: 73,955,619 (99.9%)AGAINST: 61,573 (0.1%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Michael Larson” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,234	251	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

10. Election of Directors: Shari L. Ballard

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 233,558,697AGAINST: 3,021,069

ECOLAB INC.’s own tally for this item (“Elect Director: Shari L. Ballard”): 233,558,697 for, 3,021,069 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 82% for, 1% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (73,955,704 for, 61,489 against).

FOR 99.8%

FOR: 73,955,704 (99.9%)AGAINST: 61,489 (0.1%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Shari L. Ballard” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,278	207	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

11. Election of Directors: Suzanne M. Vautrinot

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 231,359,649AGAINST: 5,217,143

ECOLAB INC.’s own tally for this item (“Elect Director: Suzanne M. Vautrinot”): 231,359,649 for, 5,217,143 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 81% for, 2% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (73,952,598 for, 64,594 against).

FOR 99.8%

FOR: 73,952,598 (99.9%)AGAINST: 64,594 (0.1%)ABSTAIN: 33,167 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Suzanne M. Vautrinot” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,776,162	1,143	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,278	207	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

12. Election of Directors: Tracy B. McKibben

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 9 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 230,267,692AGAINST: 6,295,147

ECOLAB INC.’s own tally for this item (“Elect Director: Tracy B. McKibben”): 230,267,692 for, 6,295,147 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 81% for, 2% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 99.5% of the shares they voted on this item FOR (73,713,235 for, 300,298 against).

FOR 99.5%

FOR: 73,713,235 (99.5%)AGAINST: 300,298 (0.4%)ABSTAIN: 36,826 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Tracy B. McKibben” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,343,168	0	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,774,145	3,160	0	For
Putnam	2,743,072	0	0	For
State Street	2,465,021	464	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,816,985	0	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	563,641	0	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

13. Election of Directors: Victoria J. Reich

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02.

Combines 7 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 216,358,299AGAINST: 20,198,369

ECOLAB INC.’s own tally for this item (“Elect Director: Victoria J. Reich”): 216,358,299 for, 20,198,369 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 76% for, 7% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 91% of the shares they voted on this item FOR (67,022,416 for, 6,994,776 against).

FOR 90%9%

FOR: 67,022,416 (90.5%)AGAINST: 6,994,776 (9.4%)ABSTAIN: 33,168 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Election of Directors: Victoria J. Reich” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	23,676,886	5,666,282	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,774,145	3,160	0	For
Putnam	2,743,072	0	0	For
State Street	2,464,870	615	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,305,773	511,212	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	1,066,421	0	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Brighthouse	228,185	335,456	30,707	Against
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	476,675	0	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

14. Vote on a stockholder proposal regarding an independent board chair policy, if properly presented at the meeting.

DIRECTOR ELECTIONSMajority of the votes cast: no

Meeting held 2024-05-02.

Combines 6 wordings of this item as funds reported it.

34% Majority: no · of votes cast

FOR 34%AGAINST 66%

FOR: 80,099,938AGAINST: 155,916,952

ECOLAB INC.’s own tally for this item (“2 The fourth proposal was a vote to approve a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved:”): 80,099,938 for, 155,916,952 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 285,600,000 outstanding shares: 28% for, 54.6% against (83% of the company cast a for/against vote).

The 185 asset managers below cast 29% of the shares they voted on this item FOR (21,754,301 for, 52,264,121 against).

FOR 29%AGAINST 71%

FOR: 21,754,301 (29.4%)AGAINST: 52,264,121 (70.6%)ABSTAIN: 31,937 (0.0%)UNKNOWN: 8,611 (0.0%)

Largest asset managers voting on “Vote on a stockholder proposal regarding an independent board chair policy, if properly presented at the meeti” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	5,666,282	23,676,886	0	Against
Fidelity	0	5,815,827	0	Against
BlackRock	5,376	5,771,929	0	Against
Putnam	0	2,743,072	0	Against
State Street	1,101	2,464,384	0	Against
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,794,498	22,487	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	0	1,459,506	0	Against
Charles Schwab	0	1,344,147	0	Against
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	1,113,312	0	0	For
American Century	0	1,066,421	0	Against
TIAA	0	1,030,472	0	Against
ProShares	0	906,796	0	Against
Brown Advisory Funds	0	782,980	0	Against
Brighthouse	511,460	52,181	30,707	For
Franklin Custodian Funds	590,978	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	536,958	0	Against
Equitable	41,086	435,589	0	Against
Dimensional	0	464,843	0	Against
John Hancock	453,139	4,998	0	For
MASTER INVESTMENT PORTFOLIO	0	392,172	0	Against

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

15. Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the current year ending December 31, 2024.

AUDIT-RELATED

Meeting held 2024-05-02.

Combines 8 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 178 asset managers below cast 97% of the shares they voted on this item FOR (72,024,865 for, 1,913,613 against).

FOR: 72,024,865 (97.4%)AGAINST: 1,913,613 (2.6%)ABSTAIN: 30,922 (0.0%)UNKNOWN: 9,868 (0.0%)

Largest asset managers voting on “Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	29,305,387	37,781	0	For
Fidelity	5,815,827	0	0	For
BlackRock	5,774,145	3,160	0	For
Putnam	2,743,072	0	0	For
State Street	2,464,870	615	0	For
Invesco	2,291,631	0	0	For
FRANKLIN MANAGED TRUST	1,830,297	0	0	For
Bridge Builder Trust	1,778,567	38,418	0	For
VanEck ETF Trust	1,806,754	0	0	For
Capital Group	1,628,481	0	0	For
First Trust	1,459,506	0	0	For
Charles Schwab	1,344,147	0	0	For
INVESTMENT CO OF AMERICA	1,332,113	0	0	For
Calvert	0	1,113,312	0	Against
American Century	889,068	177,353	0	For
TIAA	1,030,472	0	0	For
ProShares	906,796	0	0	For
Brown Advisory Funds	782,980	0	0	For
Franklin Custodian Funds	590,978	0	0	For
Brighthouse	553,500	6,199	30,707	For
TRUST FOR PROFESSIONAL MANAGERS	536,958	0	0	For
Equitable	472,675	4,000	0	For
Dimensional	464,843	0	0	For
John Hancock	449,892	8,245	0	For
MASTER INVESTMENT PORTFOLIO	392,172	0	0	For

Showing the 25 largest of 178 asset managers. See all 178 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2024-05-02.

Combines 2 wordings of this item as funds reported it.

35% fund support · no official result

FOR 35%AGAINST 65%

The 46 asset managers below cast 35% of the shares they voted on this item FOR (1,807,349 for, 3,366,089 against).

FOR: 1,807,349 (34.9%)AGAINST: 3,366,089 (65.1%)ABSTAIN: 205 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Vote
NORDEA INVESTMENT MANAGEMENT AB	8,142	1,249,637	Against
Sarasin & Partners LLP	0	905,849	Against
Union Investment Privatfonds GmbH	0	633,937	Against
Findlay Park Partners LLP	454,784	0	For
Desjardins Global Asset Management Inc.	0	380,538	Against
ADAGE CAPITAL PARTNERS GP, L.L.C.	249,825	0	For
APG Asset Management US Inc.	245,179	0	For
Thematics Asset Management	189,651	0	For
JPMorgan	173,758	0	For
TD ASSET MANAGEMENT INC	112,218	0	For
STOREBRAND ASSET MANAGEMENT AS	76,709	0	For
Cardano Risk Management B.V.	0	73,682	Against
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	66,185	0	For
ECOFI INVESTISSEMENTS SA	0	56,300	Against
CREDIT AGRICOLE S A	54,287	0	For
Formuepleje A/S	45,128	0	For
Tredje AP-fonden	0	43,511	Against
Empower	29,355	0	For
Union Investment Institutional GmbH	0	22,024	Against
Lincoln Financial	16,605	0	For
Walter Scott & Partners Ltd	15,910	0	For
Capitol Series Trust	14,706	0	For
Vinva Investment Management Ltd	13,815	0	For
OSSIAM	12,149	0	For
Aspiration Funds	10,423	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

17. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

Combines 2 wordings of this item as funds reported it.

82% fund support · no official result

ABSTAIN 94%

The 15 asset managers below cast 82% of the shares they voted on this item FOR (95,326 for, 20,530 against).

FOR: 95,326 (4.8%)AGAINST: 20,530 (1.0%)ABSTAIN: 1,863,300 (94.1%)

Largest asset managers voting on “14A Executive Compensation” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Alecta Tjanstepension Omsesidigt	0	0	1,863,300	Abstain
GRIMES & COMPANY, INC.	48,041	0	0	For
Granite Investment Partners, LLC	22,938	0	0	For
NICHOLS & PRATT ADVISERS LLP /MA	0	20,049	0	Against
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV	10,210	0	0	For
Penobscot Investment Management Company, Inc.	4,450	0	0	For
BALLAST ADVISORS LLC	3,505	0	0	For
PEDDOCK CAPITAL ADVISORS, LLC	3,041	0	0	For
VALUED ADVISERS TRUST	2,150	0	0	For
Baker Avenue Asset Management, LP	915	0	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	481	0	Against
Pinnacle Family Advisors, LLC	31	0	0	For
Barnett & Company, Inc.	25	0	0	For
Waverly Advisors, LLC	20	0	0	For
Port Capital LLC	0	0	0	--

18. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2024-05-02.

62% fund support · no official result

FOR 62%AGAINST 38%

The 8 asset managers below cast 62% of the shares they voted on this item FOR (47,442 for, 29,355 against).

FOR: 47,442 (61.6%)AGAINST: 29,355 (38.1%)ABSTAIN: 205 (0.3%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Empower	0	29,355	0	Against
Lincoln Financial	16,605	0	0	For
Capitol Series Trust	14,706	0	0	For
Aspiration Funds	10,423	0	0	For
Brighthouse	3,942	0	0	For
Tidal Trust III	1,025	0	0	For
Symmetry Panoramic Trust	728	0	205	For
Warren Street Wealth Advisors, LLC	13	0	0	For

19. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (559,587 for, 0 against).

FOR: 559,587 (100.0%)

Largest asset managers voting on “SAY ON PAY” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Empower	558,344	0	0	0	For
CAPITAL MANAGEMENT CORP /VA	1,243	0	0	0	For

20. Approval, on an advisory basis, of the compensation of our named executive officers disclosed in the Proxy Statement

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (14,787 for, 0 against).

FOR: 14,787 (100.0%)

Largest asset managers voting on “Approval, on an advisory basis, of the compensation of our named executive officers disclosed in the Proxy Sta” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Fiera Capital Corp	14,787	0	0	0	For
IPConcept (Luxemburg) S.A.	0	0	0	0	--

21. ADVISORY APPROVAL OF EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (5 for, 0 against).

FOR: 5 (100.0%)

Largest asset managers voting on “ADVISORY APPROVAL OF EXECUTIVE COMPENSATION” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
TORTOISE CAPITAL ADVISORS, L.L.C.	5	0	0	0	For
FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC	0	0	0	0	--

22. ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (461 for, 0 against).

FOR: 461 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Parisi Gray Wealth Management	451	0	0	0	For
NTV ASSET MANAGEMENT LLC	10	0	0	0	For

23. Approve, on an advisory basis, the compensation of our named executive officers

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 50.9%ABSTAIN 49.1%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (107,827 for, 0 against).

FOR: 107,827 (50.9%)ABSTAIN: 103,900 (49.1%)

Largest asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
DUDLEY & SHANLEY, INC.	107,827	0	0	0	For
FACTORY MUTUAL INSURANCE CO	0	0	103,900	0	Abstain

24. Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Statement.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (772 for, 0 against).

FOR: 772 (100.0%)

Largest asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers disclosed in the Proxy Stateme” at ECOLAB INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
First County Bank /CT/	738	0	0	0	For
Weil Company, Inc.	34	0	0	0	For

Largest ECOLAB INC. shareholders voting in 2023-2024

Ranked by the number of ECOLAB INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 285,600,000 shares outstanding at the time of that meeting.

Top ECOLAB INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	Vanguard	10.65%
2	BlackRock	5.40%
3	State Street	3.21%
4	MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST	3.15%
5	Fidelity	2.65%
6	Wellington	2.38%
7	Invesco	1.73%
8	GEODE CAPITAL MANAGEMENT, LLC	1.73%
9	Capital Group	1.62%
10	Aristotle Capital Management, LLC	1.53%

Reported ECOLAB INC. ownership

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

ECOLAB INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	8.82%	13F
BlackRock	7.93%	13F
State Street	4.02%	13F
Morgan Stanley	2.61%	13F
Wellington Management	2.34%	13F
JPMorgan Chase	2.27%	13F
Geode Capital	1.74%	13F
Franklin Templeton	1.28%	13F
Capital International	1.05%	13F
Invesco	0.96%	13F

Percentages above are of 285,600,000 shares outstanding, as reported by ECOLAB INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

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Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ECOLAB INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At ECOLAB INC.'s shareholder meeting held 2024-05-02, in the 2023-2024 proxy season, 1,099 asset managers reported how they voted in their SEC Form N-PX filings, covering 13,116 separate fund positions. Their filings are grouped here into 24 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. ECOLAB INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Approve, on an advisory basis, the compensation of our named executive officers disclosed in… — the reporting funds cast 94% 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.

ECOLAB INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.