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Franklin Resources, Inc. 2025-2026 Proxy Voting Records

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

19Reported items
517Asset managers
8,136Fund votes
2026-02-03Meeting date

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

Explore Franklin Resources, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Franklin Resources, Inc.

These tallies are Franklin Resources, 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.

Franklin Resources, Inc. — official shareholder meeting results, meeting held 2026-02-03
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Mariann Byerwalter	419,280,152	4,885,527	340,572	--	35,609,072	Majority: yes
Elect Director: Alexander S. Friedman	419,819,261	4,569,660	117,330	--	35,609,072	Majority: yes
Elect Director: Gregory E. Johnson	421,408,958	2,966,769	130,524	--	35,609,072	Majority: yes
Elect Director: Jennifer M. Johnson	422,358,874	2,019,863	127,514	--	35,609,072	Majority: yes
Elect Director: Rupert H. Johnson, Jr.	421,346,982	3,038,372	120,897	--	35,609,072	Majority: yes
Elect Director: John Y. Kim	419,087,961	5,087,340	330,950	--	35,609,072	Majority: yes
Elect Director: Karen M. King	420,356,747	4,020,029	129,475	--	35,609,072	Majority: yes
Elect Director: Anthony J. Noto	362,375,855	62,012,899	117,497	--	35,609,072	Majority: yes
Elect Director: John W. Thiel	420,338,677	4,043,042	124,532	--	35,609,072	Majority: yes
Elect Director: Seth H. Waugh	409,505,782	14,801,231	119,238	--	35,609,072	Majority: yes
Elect Director: Geoffrey Y. Yang	404,085,486	20,299,241	121,524	--	35,609,072	Majority: yes
Proposal 2: To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2026.	450,634,460	9,318,703	162,160	--	--	Majority: yes
Proposal 4: To approve an amendment and restatement of the USIP which includes increasing the number of shares of Common Stock authorized for issuance under the USIP by an additional 25,000,000 shares.	369,232,427	55,107,898	165,926	--	35,609,072	Majority: yes
Proposal 5: To approve, on an advisory basis, the compensation of the Company's named executive officers.	393,580,868	30,606,567	318,816	--	35,609,072	Majority: yes

This meeting is also recorded here as 2026-02-02; both records come from the same filing, so the date should be checked against it.

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

How asset managers voted at the Franklin Resources, Inc. 2025-2026 meeting

Each item below shows how the 517 asset managers that disclosed a Franklin Resources, 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 Franklin Resources, 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. To approve, on an advisory basis, the compensation of our named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 8 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 393,580,868AGAINST: 30,606,567

Franklin Resources, Inc.’s own tally for this item (“Proposal 5: To approve, on an advisory basis, the compensation of the Company's named executive officers.”): 393,580,868 for, 30,606,567 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 519,974,911 outstanding shares: 76% for, 6% against (82% of the company cast a for/against vote).

The 513 asset managers below cast 89% of the shares they voted on this item FOR (196,070,851 for, 23,501,637 against).

FOR 89%11%

FOR: 196,070,851 (89.3%)AGAINST: 23,501,637 (10.7%)ABSTAIN: 14,593 (0.0%)NOT VOTED: 18,794 (0.0%)

Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	37,199,669	6,616	For
Power Corp of Canada	31,557,117	0	For
BlackRock	24,323,186	227,512	For
Invesco	18,328,402	0	For
State Street	15,518,584	134,965	For
GEODE CAPITAL MANAGEMENT, LLC	7,724,741	0	For
ProShares	7,231,941	0	For
Fidelity	6,928,407	0	For
Charles Schwab	6,321,262	1,092	For
Dimensional	0	5,714,512	Against
First Trust	4,110,069	0	For
Goldman Sachs	3,898,610	251	For
Kopernik Global Investors, LLC	3,304,315	0	For
Northern Trust	2,933,173	27,752	For
Azora Capital LP	0	2,380,640	Against
Victory Capital	1,935,067	0	For
NOMURA ASSET MANAGEMENT CO LTD	1,638,047	0	For
Citadel	1,576,632	0	For
MELLON INVESTMENTS Corp	1,482,879	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Prudential/PGIM	0	1,349,138	Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	1,247,011	Against
Amundi	0	976,108	Against
JPMorgan	0	970,330	Against
WEDGE CAPITAL MANAGEMENT L L P/NC	0	899,323	Against

Showing the 25 largest of 513 asset managers. See all 513 in the interactive database.

2. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Alexander S. Friedman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 419,819,261AGAINST: 4,569,660

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Alexander S. Friedman”): 419,819,261 for, 4,569,660 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 519,974,911 outstanding shares: 81% for, 0.9% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.9% of the shares they voted on this item FOR (104,824,248 for, 6,881 against).

FOR 99.9%

FOR: 104,824,248 (100.0%)AGAINST: 6,881 (0.0%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,875	4	For
BlackRock	15,350,156	0	For
State Street	10,422,267	0	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	162,035	0	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

3. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Anthony J. Noto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%AGAINST 15%

FOR: 362,375,855AGAINST: 62,012,899

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Anthony J. Noto”): 362,375,855 for, 62,012,899 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 519,974,911 outstanding shares: 70% for, 12% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 66% of the shares they voted on this item FOR (69,075,584 for, 35,755,545 against).

FOR 66%AGAINST 34%

FOR: 69,075,584 (65.9%)AGAINST: 35,755,545 (34.1%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	19,741,995	14,379,884	For
BlackRock	18,478	15,331,678	Against
State Street	10,421,498	769	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,710,191	203,542	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	1,524	3,126,824	Against
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	0	597,447	Against
Prudential/PGIM	3,583	577,376	Against
MASTER INVESTMENT PORTFOLIO	0	407,004	Against
JPMorgan	405,639	0	For
John Hancock	350,768	25,199	For
PIMCO	249,928	0	For
Equitable	2,892	243,778	Against
T. Rowe Price	207,027	0	For
Global X	0	183,329	Against
TIMOTHY PLAN	171,082	0	For
SEI	0	162,035	Against

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

4. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Geoffrey Y. Yang

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 404,085,486AGAINST: 20,299,241

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Geoffrey Y. Yang”): 404,085,486 for, 20,299,241 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 519,974,911 outstanding shares: 78% for, 4% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 98% of the shares they voted on this item FOR (103,010,349 for, 1,820,780 against).

FOR 98%

FOR: 103,010,349 (98.3%)AGAINST: 1,820,780 (1.7%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,106,065	15,814	For
BlackRock	15,341,259	8,897	For
State Street	10,398,324	23,943	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,127,803	546	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	424,894	202,994	For
Northern Trust	597,447	0	For
Prudential/PGIM	3,583	577,376	Against
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	0	183,329	Against
TIMOTHY PLAN	0	171,082	Against
SEI	0	162,035	Against

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

5. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Gregory E. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 421,408,958AGAINST: 2,966,769

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Gregory E. Johnson”): 421,408,958 for, 2,966,769 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 519,974,911 outstanding shares: 81% for, 0.6% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.7% of the shares they voted on this item FOR (104,601,884 for, 229,245 against).

FOR 99.7%

FOR: 104,601,884 (99.8%)AGAINST: 229,245 (0.2%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,112,665	9,214	For
BlackRock	15,344,708	5,448	For
State Street	10,398,786	23,481	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	176,918	6,411	For
TIMOTHY PLAN	0	171,082	Against
SEI	160,328	1,707	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

6. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Jennifer M. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 422,358,874AGAINST: 2,019,863

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Jennifer M. Johnson”): 422,358,874 for, 2,019,863 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 519,974,911 outstanding shares: 81% for, 0.4% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.9% of the shares they voted on this item FOR (104,823,943 for, 7,186 against).

FOR 99.9%

FOR: 104,823,943 (100.0%)AGAINST: 7,186 (0.0%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,877	2	For
BlackRock	15,350,156	0	For
State Street	10,421,960	307	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	162,035	0	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

7. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: John W. Thiel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 420,338,677AGAINST: 4,043,042

Franklin Resources, Inc.’s own tally for this item (“Elect Director: John W. Thiel”): 420,338,677 for, 4,043,042 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 519,974,911 outstanding shares: 81% for, 0.8% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.4% of the shares they voted on this item FOR (104,239,763 for, 591,366 against).

FOR 99.4%

FOR: 104,239,763 (99.4%)AGAINST: 591,366 (0.6%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,875	4	For
BlackRock	15,350,156	0	For
State Street	10,422,267	0	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	3,583	577,376	Against
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	156,236	5,799	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

8. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: John Y. Kim

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 419,087,961AGAINST: 5,087,340

Franklin Resources, Inc.’s own tally for this item (“Elect Director: John Y. Kim”): 419,087,961 for, 5,087,340 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 519,974,911 outstanding shares: 81% for, 1.0% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.4% of the shares they voted on this item FOR (104,239,762 for, 591,367 against).

FOR 99.4%

FOR: 104,239,762 (99.4%)AGAINST: 591,367 (0.6%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,874	5	For
BlackRock	15,350,156	0	For
State Street	10,422,267	0	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	3,583	577,376	Against
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	156,236	5,799	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

9. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Karen M. King

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 420,356,747AGAINST: 4,020,029

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Karen M. King”): 420,356,747 for, 4,020,029 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 519,974,911 outstanding shares: 81% for, 0.8% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.4% of the shares they voted on this item FOR (104,239,763 for, 591,366 against).

FOR 99.4%

FOR: 104,239,763 (99.4%)AGAINST: 591,366 (0.6%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,875	4	For
BlackRock	15,350,156	0	For
State Street	10,422,267	0	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	3,583	577,376	Against
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	156,236	5,799	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

10. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Mariann Byerwalter

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 419,280,152AGAINST: 4,885,527

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Mariann Byerwalter”): 419,280,152 for, 4,885,527 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 519,974,911 outstanding shares: 81% for, 1.0% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.7% of the shares they voted on this item FOR (104,521,987 for, 309,142 against).

FOR 99.6%

FOR: 104,521,987 (99.7%)AGAINST: 309,142 (0.3%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,112,663	9,216	For
BlackRock	15,344,708	5,448	For
State Street	10,399,093	23,174	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	0	171,082	Against
SEI	162,035	0	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

11. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Rupert H. Johnson, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 421,346,982AGAINST: 3,038,372

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Rupert H. Johnson, Jr.”): 421,346,982 for, 3,038,372 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 519,974,911 outstanding shares: 81% for, 0.6% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 99.7% of the shares they voted on this item FOR (104,610,002 for, 221,127 against).

FOR 99.7%

FOR: 104,610,002 (99.8%)AGAINST: 221,127 (0.2%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,112,665	9,214	For
BlackRock	15,344,708	5,448	For
State Street	10,398,786	23,481	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	0	171,082	Against
SEI	162,035	0	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

12. To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that person's successor is elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal: Seth H. Waugh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 409,505,782AGAINST: 14,801,231

Franklin Resources, Inc.’s own tally for this item (“Elect Director: Seth H. Waugh”): 409,505,782 for, 14,801,231 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 519,974,911 outstanding shares: 79% for, 3% against (82% of the company cast a for/against vote).

The 117 asset managers below cast 95% of the shares they voted on this item FOR (99,320,185 for, 5,510,944 against).

FOR 95%

FOR: 99,320,185 (94.7%)AGAINST: 5,510,944 (5.3%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To elect 11 directors to the Board to hold office until the next annual meeting of stockholders or until that ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,112,653	9,226	For
BlackRock	15,344,708	5,448	For
State Street	10,399,093	23,174	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	0	4,292,071	Against
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	593,089	34,799	For
Northern Trust	597,447	0	For
Prudential/PGIM	0	580,959	Against
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	143,370	232,597	Against
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	0	171,082	Against
SEI	156,236	5,799	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

13. To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2026.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 450,634,460AGAINST: 9,318,703

Franklin Resources, Inc.’s own tally for this item (“Proposal 2: To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2026.”): 450,634,460 for, 9,318,703 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 519,974,911 outstanding shares: 87% for, 2% against (88% of the company cast a for/against vote).

The 117 asset managers below cast 99.9% of the shares they voted on this item FOR (104,769,043 for, 62,086 against).

FOR 99.9%

FOR: 104,769,043 (99.9%)AGAINST: 62,086 (0.1%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public account” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,115,287	6,593	For
BlackRock	15,348,340	1,816	For
State Street	10,421,498	769	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
JPMorgan	405,639	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	176,918	6,411	For
TIMOTHY PLAN	171,082	0	For
SEI	154,529	7,506	For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

14. TO APPROVE AN AMENDMENT AND RESTATEMENT OF THE COMPANY'S 2002 UNIVERSAL STOCK INCENTIVE PLAN, WHICH INCLUDES INCREASING THE NUMBER OF SHARES OF COMMON STOCK, PAR VALUE $0.10 PER SHARE, OF THE COMPANY AUTHORIZED FOR ISSUANCE UNDER THE USIP BY AN ADDITIONAL 25,000,000 SHARES.

COMPENSATION

Combines 2 wordings of this item as funds reported it.

80% fund support · no official result

FOR 80%AGAINST 20%

The 116 asset managers below cast 80% of the shares they voted on this item FOR (83,770,361 for, 20,519,189 against).

FOR: 83,770,361 (80.3%)AGAINST: 20,519,189 (19.7%)ABSTAIN: 8,742 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “TO APPROVE AN AMENDMENT AND RESTATEMENT OF THE COMPANY'S 2002 UNIVERSAL STOCK INCENTIVE PLAN, WHICH INCLUDES I” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,830	49	For
BlackRock	15,342,329	7,827	For
State Street	10,405,585	16,682	For
Invesco	8,966,733	0	For
ProShares	0	7,231,941	Against
Fidelity	6,909,333	4,400	For
Dimensional	0	4,292,071	Against
First Trust	0	4,086,835	Against
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	0	1,369,899	Against
Victory Capital	0	920,172	Against
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	593,089	34,799	For
Northern Trust	0	597,447	Against
Prudential/PGIM	577,376	3,583	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
John Hancock	25,199	350,768	Against
PIMCO	0	249,928	Against
Equitable	246,670	0	For
T. Rowe Price	0	207,027	Against
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	156,236	5,799	For
Calvert	111,575	0	For

Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.

15. TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE COMPANY'S 1998 EMPLOYEE STOCK INVESTMENT PLAN, WHICH INCLUDES INCREASING THE NUMBER OF SHARES OF COMMON STOCK, PAR VALUE $0.10 PER SHARE, OF THE COMPANY AUTHORIZED FOR ISSUANCE UNDER THE ESIP BY AN ADDITIONAL 5,000,000 SHARES.

COMPENSATION

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 116 asset managers below cast 99.9% of the shares they voted on this item FOR (104,272,834 for, 25,457 against).

FOR: 104,272,834 (100.0%)AGAINST: 25,457 (0.0%)NOT VOTED: 234 (0.0%)

Largest asset managers voting on “TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE COMPANY'S 1998 EMPLOYEE STOCK INVESTMENT PLAN, WHICH INCLUDES ” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	34,121,877	2	For
BlackRock	15,350,156	0	For
State Street	10,422,267	0	For
Invesco	8,966,733	0	For
ProShares	7,231,941	0	For
Fidelity	6,913,733	0	For
Dimensional	4,292,071	0	For
First Trust	4,086,835	0	For
Charles Schwab	3,128,348	0	For
Advisors' Inner Circle Fund II	1,369,899	0	For
Victory Capital	920,172	0	For
Goldman Sachs	854,673	0	For
TIAA	700,645	0	For
Jackson National	627,888	0	For
Northern Trust	597,447	0	For
Prudential/PGIM	580,959	0	For
MASTER INVESTMENT PORTFOLIO	407,004	0	For
John Hancock	375,967	0	For
PIMCO	249,928	0	For
Equitable	246,670	0	For
T. Rowe Price	207,027	0	For
Global X	183,329	0	For
TIMOTHY PLAN	171,082	0	For
SEI	162,035	0	For
Calvert	111,575	0	For

Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.

16. Amend Omnibus Stock Plan

COMPENSATION

90% fund support · no official result

FOR 90%10%

The 4 asset managers below cast 90% of the shares they voted on this item FOR (502,335 for, 53,516 against).

FOR: 502,335 (90.4%)AGAINST: 53,516 (9.6%)

Largest asset managers voting on “Amend Omnibus Stock Plan” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	405,639	0	For
Empower	91,896	53,252	For
CLEARWATER INVESTMENT TRUST	4,800	0	For
NORTHERN LIGHTS FUND TRUST III	0	264	Against

17. Amend Qualified Employee Stock Purchase Plan

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (555,851 for, 0 against).

FOR: 555,851 (100.0%)

Largest asset managers voting on “Amend Qualified Employee Stock Purchase Plan” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Vote
JPMorgan	405,639	For
Empower	145,148	For
CLEARWATER INVESTMENT TRUST	4,800	For
NORTHERN LIGHTS FUND TRUST III	264	For

18. Audit Related

AUDIT-RELATED

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 (2,210 for, 0 against).

FOR: 2,210 (100.0%)

Largest asset managers voting on “Audit Related” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Two Roads Shared Trust	2,167	0	0	0	For
Members Trust Co	43	0	0	0	For

19. Compensation

COMPENSATIONMajority of the votes cast: yes

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 393,580,868AGAINST: 30,606,567

The 2 asset managers below cast 100% of the shares they voted on this item FOR (2,210 for, 0 against).

FOR 100%

FOR: 2,210 (100.0%)

Largest asset managers voting on “Compensation” at Franklin Resources, Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Two Roads Shared Trust	2,167	0	0	0	For
Members Trust Co	43	0	0	0	For

Largest Franklin Resources, Inc. shareholders voting in 2025-2026

Ranked by the number of Franklin Resources, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 519,974,911 shares outstanding at the time of that meeting.

Top Franklin Resources, Inc. shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	7.16%
2	Power Corp of Canada	6.07%
3	BlackRock	4.72%
4	Invesco	3.52%
5	State Street	3.01%
6	GEODE CAPITAL MANAGEMENT, LLC	1.49%
7	ProShares	1.39%
8	Fidelity	1.33%
9	Charles Schwab	1.22%
10	Dimensional	1.10%

Reported Franklin Resources, Inc. ownership

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

Franklin Resources, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	7.14%	13F
Franklin Resources, Inc.	5.90%	13D
BlackRock	5.53%	13F
Power Corporation of Canada	4.87%	13G
State Street	3.77%	13F
Invesco	2.61%	13F
Citadel Advisors	2.24%	13F
Dimensional Fund Advisors	2.09%	13F
Geode Capital	1.50%	13F
Goldman Sachs	1.43%	13F

Percentages above are of 519,974,911 shares outstanding, as reported by Franklin Resources, Inc. on its Form 10-Q dated 2025-12-31 (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 Franklin Resources, Inc.’s 10-Q dated 2025-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Franklin Resources, Inc.'s shareholder meeting held 2026-02-03, in the 2025-2026 proxy season, 517 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,136 separate fund positions. Their filings are grouped here into 19 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation of our named executive officers. — FOR was 93% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Franklin Resources, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

Franklin Resources, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).