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Ecolab Inc. 2025-2026 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.

28Reported items
1,232Asset managers
16,598Fund votes
2026-05-07Meeting date

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

Explore Ecolab Inc. in the interactive database Compare manager voting policies

Official 2025-2026 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 2026-05-07
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Judson B. Althoff	235,680,180	3,084,863	218,537	--	15,359,484	Majority: yes
Elect Director: Shari L. Ballard	235,299,816	3,470,767	212,997	--	15,359,484	Majority: yes
Elect Director: Christophe Beck	221,262,142	15,778,937	1,942,501	--	15,359,484	Majority: yes
Elect Director: Michel D. Doukeris	211,201,442	27,568,414	213,724	--	15,359,484	Majority: yes
Elect Director: Eric M. Green	228,652,042	10,120,865	210,673	--	15,359,484	Majority: yes
Elect Director: Marion K. Gross	234,664,882	4,087,724	230,974	--	15,359,484	Majority: yes
Elect Director: Michael Larson	233,238,427	5,526,931	218,222	--	15,359,484	Majority: yes
Elect Director: David W. MacLennan	225,416,702	12,901,534	665,344	--	15,359,484	Majority: yes
Elect Director: Tracy B. McKibben	229,592,384	9,185,382	205,814	--	15,359,484	Majority: yes
Elect Director: Lionel L. Nowell III	232,823,189	5,877,682	282,709	--	15,359,484	Majority: yes
Elect Director: Suzanne M. Vautrinot	232,689,313	6,088,220	206,047	--	15,359,484	Majority: yes
Elect Director: Julie P. Whalen	238,367,155	403,800	212,625	--	15,359,484	Majority: yes
Elect Director: John J. Zillmer	188,749,720	50,009,354	224,506	--	15,359,484	Majority: yes
The fourth proposal voted on was a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved:	61,882,139	176,312,123	789,318	--	15,359,484	Majority: no

Source: Ecolab Inc., Form 8-K — read the filing on EDGAR.

How asset managers voted at the Ecolab Inc. 2025-2026 meeting

Each item below shows how the 1,232 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 2026-05-07.

Combines 3 wordings of this item as funds reported it.

96% fund support · no official result

FOR 96%

The 1,131 asset managers below cast 96% of the shares they voted on this item FOR (189,163,570 for, 7,871,347 against).

FOR: 189,163,570 (95.8%)AGAINST: 7,871,347 (4.0%)ABSTAIN: 303,024 (0.2%)NOT VOTED: 37,486 (0.0%)UNKNOWN: 34,404 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	26,717,178	73	6	For
BlackRock	19,417,510	1,987	0	For
Fidelity	8,070,256	0	0	For
Capital Group	7,839,798	0	0	For
State Street	6,717,457	31,342	0	For
GEODE CAPITAL MANAGEMENT, LLC	5,954,611	0	0	For
GATES FOUNDATION TRUST	5,218,044	0	0	For
Invesco	4,998,060	0	0	For
JPMorgan	3,629,218	0	0	For
Aristotle Capital Management, LLC	3,576,030	0	0	For
Capital Research Global Investors	3,150,055	0	0	For
Janus Henderson	3,118,360	0	0	For
Charles Schwab	3,067,400	0	0	For
PICTET ASSET MANAGEMENT SA	2,580,414	0	0	For
Northern Trust	2,473,326	0	0	For
RBC Capital Markets, LLC	2,465,269	0	0	For
American Century	1,976,874	0	0	For
FRANKLIN ADVISERS INC	1,944,646	0	0	For
UBS	1,582,571	355,112	0	For
Amundi	1,889,497	9,523	0	For
Winslow Capital Management, LLC	1,594,457	0	0	For
Swedbank Robur Fonder AB	0	1,488,312	0	Against
T. Rowe Price	1,450,754	34,276	0	For
AMCAP FUND	1,449,332	0	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1,419,306	0	0	For

Showing the 25 largest of 1,131 asset managers. See all 1,131 in the interactive database.

2. Election of Directors: Shari L. Ballard

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 235,299,816AGAINST: 3,470,767

Ecolab Inc.’s own tally for this item (“Elect Director: Shari L. Ballard”): 235,299,816 for, 3,470,767 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 281,400,000 outstanding shares: 84% for, 1% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.9% of the shares they voted on this item FOR (68,623,879 for, 21 against).

FOR 99.9%

FOR: 68,623,879 (99.9%)AGAINST: 21 (0.0%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Shari L. Ballard” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,167,599	21	For
BlackRock	6,632,405	0	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,996	0	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	389,170	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

3. Election of Directors: Christophe Beck

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 9 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 221,262,142AGAINST: 15,778,937

Ecolab Inc.’s own tally for this item (“Elect Director: Christophe Beck”): 221,262,142 for, 15,778,937 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 281,400,000 outstanding shares: 79% for, 6% against (84% of the company cast a for/against vote).

The 186 asset managers below cast 99.9% of the shares they voted on this item FOR (68,600,958 for, 22,939 against).

FOR 99.9%

FOR: 68,600,958 (99.9%)AGAINST: 22,939 (0.0%)ABSTAIN: 5,037 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Christophe Beck” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,522	95	4	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,963	33	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	381,580	7,590	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

4. Election of Directors: Michael Larson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 233,238,427AGAINST: 5,526,931

Ecolab Inc.’s own tally for this item (“Elect Director: Michael Larson”): 233,238,427 for, 5,526,931 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 281,400,000 outstanding shares: 83% for, 2% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.9% of the shares they voted on this item FOR (68,617,385 for, 6,515 against).

FOR 99.9%

FOR: 68,617,385 (99.9%)AGAINST: 6,515 (0.0%)ABSTAIN: 5,034 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Michael Larson” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,591	29	1	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,963	33	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	389,170	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

5. Election of Directors: David W. MacLennan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 225,416,702AGAINST: 12,901,534

Ecolab Inc.’s own tally for this item (“Elect Director: David W. MacLennan”): 225,416,702 for, 12,901,534 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 281,400,000 outstanding shares: 80% for, 5% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.0% of the shares they voted on this item FOR (67,953,370 for, 667,386 against).

FOR 99%

FOR: 67,953,370 (99.0%)AGAINST: 667,386 (1.0%)ABSTAIN: 5,037 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: David W. MacLennan” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,560	57	4	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,996	0	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	0	531,996	0	Against
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	389,170	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

6. Election of Directors: Tracy B. McKibben

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 229,592,384AGAINST: 9,185,382

Ecolab Inc.’s own tally for this item (“Elect Director: Tracy B. McKibben”): 229,592,384 for, 9,185,382 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 281,400,000 outstanding shares: 82% for, 3% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.8% of the shares they voted on this item FOR (68,529,909 for, 93,990 against).

FOR 99.8%

FOR: 68,529,909 (99.8%)AGAINST: 93,990 (0.1%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Tracy B. McKibben” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,167,574	45	For
BlackRock	6,632,405	0	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,941	55	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	389,170	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

7. Election of Directors: Lionel L. Nowell III

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 9 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 232,823,189AGAINST: 5,877,682

Ecolab Inc.’s own tally for this item (“Elect Director: Lionel L. Nowell III”): 232,823,189 for, 5,877,682 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 281,400,000 outstanding shares: 83% for, 2% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.9% of the shares they voted on this item FOR (68,623,869 for, 32 against).

FOR 99.9%

FOR: 68,623,869 (99.9%)AGAINST: 32 (0.0%)ABSTAIN: 5,035 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Lionel L. Nowell III” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,589	32	2	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,996	0	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	389,170	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

8. Election of Directors: Suzanne M. Vautrinot

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 232,689,313AGAINST: 6,088,220

Ecolab Inc.’s own tally for this item (“Elect Director: Suzanne M. Vautrinot”): 232,689,313 for, 6,088,220 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 281,400,000 outstanding shares: 83% for, 2% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 99.9% of the shares they voted on this item FOR (68,604,943 for, 18,958 against).

FOR 99.9%

FOR: 68,604,943 (99.9%)AGAINST: 18,958 (0.0%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Suzanne M. Vautrinot” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,167,589	32	For
BlackRock	6,632,405	0	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,941	55	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	389,170	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

9. Election of Directors: John J. Zillmer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

79% Majority: yes · of votes cast

FOR 79%AGAINST 21%

FOR: 188,749,720AGAINST: 50,009,354

Ecolab Inc.’s own tally for this item (“Elect Director: John J. Zillmer”): 188,749,720 for, 50,009,354 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 281,400,000 outstanding shares: 67% for, 18% against (85% of the company cast a for/against vote).

The 186 asset managers below cast 88% of the shares they voted on this item FOR (60,572,924 for, 8,050,975 against).

FOR 88%12%

FOR: 60,572,924 (88.2%)AGAINST: 8,050,975 (11.7%)ABSTAIN: 5,034 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: John J. Zillmer” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,142,914	24,705	1	For
BlackRock	16,402	6,616,003	0	Against
Fidelity	6,299,552	89,027	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,941	55	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	710,743	8,178	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	0	391,854	0	Against
Equitable	329,087	60,083	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	298,127	3,292	0	For
Dimensional	282,693	0	0	For

Showing the 25 largest of 186 asset managers. See all 186 in the interactive database.

10. Election of Directors: Judson B. Althoff

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 235,680,180AGAINST: 3,084,863

Ecolab Inc.’s own tally for this item (“Elect Director: Judson B. Althoff”): 235,680,180 for, 3,084,863 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 281,400,000 outstanding shares: 84% for, 1% against (85% 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 (68,623,882 for, 18 against).

FOR 99.9%

FOR: 68,623,882 (99.9%)AGAINST: 18 (0.0%)ABSTAIN: 5,034 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Judson B. Althoff” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,602	18	1	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,996	0	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	389,170	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

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

11. Election of Directors: Michel D. Doukeris

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%12%

FOR: 211,201,442AGAINST: 27,568,414

Ecolab Inc.’s own tally for this item (“Elect Director: Michel D. Doukeris”): 211,201,442 for, 27,568,414 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 281,400,000 outstanding shares: 75% for, 10% against (85% of the company cast a for/against vote).

The 185 asset managers below cast 97% of the shares they voted on this item FOR (66,335,553 for, 2,288,347 against).

FOR 97%

FOR: 66,335,553 (96.6%)AGAINST: 2,288,347 (3.3%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Michel D. Doukeris” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,143,057	24,563	For
BlackRock	6,630,941	1,464	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,941	55	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	0	1,237,500	Against
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	0	558,977	Against
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	365,372	23,798	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	298,127	3,292	For
Dimensional	282,693	0	For

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

12. Election of Directors: Eric M. Green

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 228,652,042AGAINST: 10,120,865

Ecolab Inc.’s own tally for this item (“Elect Director: Eric M. Green”): 228,652,042 for, 10,120,865 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 281,400,000 outstanding shares: 81% for, 4% against (85% 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 (68,511,491 for, 112,410 against).

FOR 99.7%

FOR: 68,511,491 (99.8%)AGAINST: 112,410 (0.2%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Eric M. Green” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,167,570	51	For
BlackRock	6,632,405	0	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,996	0	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	389,170	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

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

13. Election of Directors: Marion K. Gross

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 234,664,882AGAINST: 4,087,724

Ecolab Inc.’s own tally for this item (“Elect Director: Marion K. Gross”): 234,664,882 for, 4,087,724 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 281,400,000 outstanding shares: 83% for, 1% against (85% 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 (68,557,147 for, 66,753 against).

FOR 99.8%

FOR: 68,557,147 (99.8%)AGAINST: 66,753 (0.1%)ABSTAIN: 5,034 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Marion K. Gross” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,167,601	19	1	For
BlackRock	6,632,405	0	0	For
Fidelity	6,388,579	0	0	For
Capital Group	4,283,831	0	0	For
JPMorgan	3,473,262	0	0	For
State Street	2,406,996	0	0	For
Invesco	2,225,818	0	0	For
Charles Schwab	1,488,480	0	0	For
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	1,176,431	0	0	For
First Trust	1,173,112	0	0	For
TIAA	1,155,367	0	0	For
American Century	857,522	0	0	For
Bridge Builder Trust	718,921	0	0	For
ProShares	645,147	0	0	For
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	440,084	0	0	For
Brown Advisory Funds	429,320	0	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	0	For
Equitable	389,170	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	0	For
Legg Mason	301,419	0	0	For
Dimensional	282,693	0	0	For

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

14. Election of Directors: Julie P. Whalen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-07.

Combines 7 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 238,367,155AGAINST: 403,800

Ecolab Inc.’s own tally for this item (“Elect Director: Julie P. Whalen”): 238,367,155 for, 403,800 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 281,400,000 outstanding shares: 85% for, 0.2% against (85% 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 (68,623,899 for, 2 against).

FOR 99.9%

FOR: 68,623,899 (99.9%)AGAINST: 2 (0.0%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Election of Directors: Julie P. Whalen” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,167,619	2	For
BlackRock	6,632,405	0	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,996	0	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	389,170	0	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

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

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

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2026-05-07.

Combines 5 wordings of this item as funds reported it.

26% Majority: no · of votes cast

FOR 26%AGAINST 74%

FOR: 61,882,139AGAINST: 176,312,123

Ecolab Inc.’s own tally for this item (“The fourth proposal voted on was a stockholder proposal regarding an independent board chair policy. The proposal received the following votes and was not approved:”): 61,882,139 for, 176,312,123 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 281,400,000 outstanding shares: 22% for, 63% against (85% of the company cast a for/against vote).

The 185 asset managers below cast 16% of the shares they voted on this item FOR (10,817,022 for, 57,834,670 against).

FOR 16%AGAINST 84%

FOR: 10,817,022 (15.8%)AGAINST: 57,834,670 (84.2%)ABSTAIN: 5,037 (0.0%)UNKNOWN: 6,608 (0.0%)NOT VOTED: 194 (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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	24,745	24,142,871	4	Against
BlackRock	7,410	6,624,995	0	Against
Fidelity	0	6,388,579	0	Against
Capital Group	4,283,831	0	0	For
JPMorgan	0	3,473,262	0	Against
State Street	1,173	2,405,823	0	Against
Invesco	0	2,225,818	0	Against
Charles Schwab	435	1,488,046	0	Against
AMCAP FUND	1,449,332	0	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	0	For
JANUS INVESTMENT FUND	550,927	625,504	0	Against
First Trust	0	1,173,112	0	Against
TIAA	0	1,155,367	0	Against
American Century	0	857,522	0	Against
Bridge Builder Trust	641,549	77,372	0	For
ProShares	0	645,147	0	Against
Franklin Custodian Funds	558,977	0	0	For
Calvert	531,996	0	0	For
New York Life	2,525	437,559	0	Against
Brown Advisory Funds	0	429,320	0	Against
MASTER INVESTMENT PORTFOLIO	0	391,854	0	Against
Equitable	23,798	365,372	0	Against
TRUST FOR PROFESSIONAL MANAGERS	0	351,453	0	Against
Legg Mason	0	301,419	0	Against
Dimensional	0	282,693	0	Against

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

16. Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm for the current year ending December 31, 2026.

AUDIT-RELATED

Meeting held 2026-05-07.

Combines 3 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 177 asset managers below cast 99.6% of the shares they voted on this item FOR (67,977,132 for, 215,838 against).

FOR: 67,977,132 (99.6%)AGAINST: 215,838 (0.3%)ABSTAIN: 5,033 (0.0%)UNKNOWN: 34,404 (0.1%)NOT VOTED: 194 (0.0%)

Largest asset managers voting on “Ratify the appointment of PricewaterhouseCoopers LLP as Ecolab's independent registered public accounting firm” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	24,108,976	58,643	For
BlackRock	6,630,941	1,464	For
Fidelity	6,388,579	0	For
Capital Group	4,283,831	0	For
JPMorgan	3,473,262	0	For
State Street	2,406,941	55	For
Invesco	2,225,818	0	For
Charles Schwab	1,488,480	0	For
AMCAP FUND	1,449,332	0	For
FRANKLIN MANAGED TRUST	1,237,500	0	For
JANUS INVESTMENT FUND	1,176,431	0	For
First Trust	1,173,112	0	For
TIAA	1,155,367	0	For
American Century	857,522	0	For
Bridge Builder Trust	718,921	0	For
ProShares	645,147	0	For
Franklin Custodian Funds	558,977	0	For
Calvert	531,996	0	For
New York Life	440,084	0	For
Brown Advisory Funds	429,320	0	For
MASTER INVESTMENT PORTFOLIO	391,854	0	For
Equitable	381,580	7,590	For
TRUST FOR PROFESSIONAL MANAGERS	351,453	0	For
Legg Mason	301,419	0	For
Dimensional	282,693	0	For

Showing the 25 largest of 177 asset managers. See all 177 in the interactive database.

17. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-07.

Combines 2 wordings of this item as funds reported it.

36% fund support · no official result

FOR 36%AGAINST 64%

The 53 asset managers below cast 36% of the shares they voted on this item FOR (2,234,393 for, 3,947,309 against).

FOR: 2,234,393 (36.1%)AGAINST: 3,947,309 (63.8%)NOT VOTED: 2,364 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Union Investment Management GmbH	0	1,286,966	Against
NORDEA INVESTMENT MANAGEMENT AB	0	1,276,489	Against
APG Asset Management US Inc.	1,163,500	0	For
Mirova US LLC	0	833,693	Against
MIROVA	0	326,697	Against
Findlay Park Partners LLP	268,264	0	For
BlackRock	172,250	0	For
Cardano Risk Management B.V.	0	141,368	Against
Erste Asset Management GmbH	116,427	0	For
STOREBRAND ASSET MANAGEMENT AS	77,429	0	For
CREDIT AGRICOLE S A	51,685	0	For
Empower	41,365	0	For
GROUPAMA ASSET MANAGMENT	40,552	0	For
Lincoln Financial	39,946	0	For
FIRETRAIL INVESTMENTS PTY LTD	38,842	0	For
Advisors' Inner Circle Fund III	38,205	0	For
Osmosis Investment Management UK Ltd	38,143	0	For
Sarasin & Partners LLP	0	35,128	Against
TD Waterhouse Canada Inc.	33,657	0	For
ECOFI INVESTISSEMENTS SA	0	29,650	Against
Vontobel Holding Ltd.	9,100	16,968	Against
Brighthouse	25,737	0	For
Wilshire Advisors LLC	17,785	0	For
GreenFi Funds Trust	7,895	0	For
Vinva Investment Management Ltd	7,049	0	For

Showing the 25 largest of 53 asset managers. See all 53 in the interactive database.

18. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-07.

99.7% fund support · no official result

FOR 99%

The 13 asset managers below cast 99.7% of the shares they voted on this item FOR (304,672 for, 721 against).

FOR: 304,672 (99.0%)AGAINST: 721 (0.2%)ABSTAIN: 2,386 (0.8%)

Largest asset managers voting on “14A Executive Compensation” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
MCDONALD CAPITAL INVESTORS INC/CA	285,099	0	0	For
TEALWOOD ASSET MANAGEMENT INC	8,227	0	0	For
PEDDOCK CAPITAL ADVISORS, LLC	3,575	0	0	For
Cove Private Wealth, LLC	3,542	0	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	2,386	Abstain
COURIER CAPITAL LLC	1,875	0	0	For
Baker Avenue Asset Management, LP	1,297	0	0	For
REXFORD CAPITAL INC	908	0	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	721	0	Against
Blue Edge Capital, LLC	110	0	0	For
Inlet Private Wealth, LLC	28	0	0	For
McGowan Group Asset Management, Inc.	10	0	0	For
River Street Advisors LLC	1	0	0	For

19. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2026-05-07.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 10 asset managers below cast 100% of the shares they voted on this item FOR (286,420 for, 0 against).

FOR: 286,420 (100.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at Ecolab Inc., 2025-2026
Asset manager	For	Vote
Erste Asset Management GmbH	116,427	For
Empower	41,365	For
Lincoln Financial	39,946	For
Advisors' Inner Circle Fund III	38,205	For
Brighthouse	25,737	For
GreenFi Funds Trust	7,895	For
WORMSER FRERES GESTION	5,654	For
AGF Investments Trust	5,202	For
CLEARWATER INVESTMENT TRUST	3,795	For
RWC Asset Management LLP	2,194	For

20. 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 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

30% fund support · no official result

FOR 30%AGAINST 70%

The 6 asset managers below cast 30% of the shares they voted on this item FOR (150,421 for, 354,790 against).

FOR: 150,421 (29.8%)AGAINST: 354,790 (70.2%)

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., 2025-2026
Asset manager	For	Against	Vote
PENSIOENFONDS RAIL & OV	0	354,790	Against
NORRIS PERNE & FRENCH LLP/MI	118,340	0	For
Investment Management Corp of Ontario	25,878	0	For
FIRST UNITED BANK & TRUST	3,671	0	For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	2,382	0	For
Philip James Wealth Mangement, LLC	150	0	For

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

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2026-03-10; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (824,619 for, 0 against).

FOR: 824,619 (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., 2025-2026
Asset manager	For	Vote
SCHRODER INVESTMENT MANAGEMENT GROUP	821,592	For
Robertson Stephens Wealth Management, LLC	1,329	For
GLOBALT Investments LLC / GA	1,125	For
Spinnaker ETF Series	573	For

22. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2026-05-07.

7% fund support · no official result

AGAINST 93%

The 4 asset managers below cast 7% of the shares they voted on this item FOR (10,237 for, 141,368 against).

FOR: 10,237 (6.8%)AGAINST: 141,368 (93.2%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	0	141,368	Against
TEALWOOD ASSET MANAGEMENT INC	8,227	0	For
VALUED ADVISERS TRUST	2,000	0	For
McGowan Group Asset Management, Inc.	10	0	For

23. 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 2026-05-07.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

7%NOT VOTED 93%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (3,052 for, 0 against).

FOR: 3,052 (7.1%)NOT VOTED: 39,762 (92.9%)

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., 2025-2026
Asset manager	For	Vote
National Philanthropic Trust	0	Not Voted
Fiera Capital Corp	1,567	For
STRATEGY ASSET MANAGERS LLC	1,485	For
IPConcept (Luxemburg) S.A.	0	--

24. ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION ("SAY-ON-PAY")

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-07.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (99 for, 0 against).

FOR: 99 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION ("SAY-ON-PAY")” at Ecolab Inc., 2025-2026
Asset manager	For	Vote
BENDER ROBERT & ASSOCIATES	80	For
NTV ASSET MANAGEMENT LLC	10	For
Constant Guidance Financial LLC	9	For

25. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-05-07.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at Ecolab Inc., 2025-2026
Asset manager	For	Vote
VALUED ADVISERS TRUST	24,000	For
TEALWOOD ASSET MANAGEMENT INC	8,227	For
McGowan Group Asset Management, Inc.	10	For

26. S/H Proposal - Establish Independent Chairman

CORPORATE GOVERNANCE

Meeting held 2026-05-07.

0% fund support · no official result

AGAINST 80%ABSTAIN 20%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 8,237 against).

AGAINST: 8,237 (80.5%)ABSTAIN: 2,000 (19.5%)

Largest asset managers voting on “S/H Proposal - Establish Independent Chairman” at Ecolab Inc., 2025-2026
Asset manager	Against	Abstain	Vote
TEALWOOD ASSET MANAGEMENT INC	8,227	0	Against
VALUED ADVISERS TRUST	0	2,000	Abstain
McGowan Group Asset Management, Inc.	10	0	Against

27. Say on Pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-07.

97% fund support · no official result

FOR 97%

The 3 asset managers below cast 97% of the shares they voted on this item FOR (617,961 for, 20,530 against).

FOR: 617,961 (96.8%)AGAINST: 20,530 (3.2%)

Largest asset managers voting on “Say on Pay” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Vote
Empower	617,181	0	For
Genus Capital Management Inc.	0	20,530	Against
CHELSEA COUNSEL CO	780	0	For

28. To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-07.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (68 for, 0 against).

FOR: 68 (100.0%)

Largest asset managers voting on “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” at Ecolab Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Modern Wealth Management, LLC	34	0	0	0	For
Tandem Financial, LLC	34	0	0	0	For

Largest Ecolab Inc. shareholders voting in 2025-2026

Ranked by the number of Ecolab Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 281,400,000 shares outstanding at the time of that meeting.

Top Ecolab Inc. shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	9.49%
2	BlackRock	6.90%
3	Fidelity	2.87%
4	Capital Group	2.79%
5	State Street	2.40%
6	GEODE CAPITAL MANAGEMENT, LLC	2.12%
7	GATES FOUNDATION TRUST	1.85%
8	Invesco	1.78%
9	JPMorgan	1.29%
10	Aristotle Capital Management, LLC	1.27%

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 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.00%	13F
BlackRock	8.10%	13F
JPMorgan Chase	4.14%	13F
State Street	3.99%	13F
Morgan Stanley	2.80%	13F
Northern Trust	0.99%	13F
Invesco	0.92%	13F
Franklin Templeton	0.89%	13F
Goldman Sachs	0.71%	13F

Percentages above are of 281,400,000 shares outstanding, as reported by Ecolab Inc. on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

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. Shares outstanding are taken from Ecolab Inc.’s 10-Q dated 2026-03-31. 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 2026-05-07, in the 2025-2026 proxy season, 1,232 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,598 separate fund positions. Their filings are grouped here into 28 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 96% 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 · 2024-2025 · 2025-2026 (this page).