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Home › Companies › Grifols SA › 2024-2025

Grifols SA 2024-2025 Proxy Voting Records

At Grifols SA's shareholder meeting held June 4, 2025, in the 2024-2025 proxy season, 57 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,986 separate fund positions. Their filings are grouped here into 53 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory Vote on Remuneration Report — the reporting funds and managers cast 78% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 53Reported items
  • 57Asset managers
  • 1,986Fund votes
  • June 4, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Grifols SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025

Explore Grifols SA in the interactive database Compare manager voting policies

How asset managers voted at the Grifols SA 2024-2025 meeting

Each item below shows how the 57 asset managers that disclosed a Grifols SA 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 Grifols SA’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. Ratify Appointment of and Elect Pascal Ravery as Director

No official resultsDIRECTOR ELECTIONS

99.6% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,909,661 for, 38,382 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,909,661AGAINST: 38,382
Largest asset managers voting on “Ratify Appointment of and Elect Pascal Ravery as Director” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert034,625 00Against
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley8,7593,757 00Mixed
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

2. Ratify Appointment of and Elect Paul S. Herendeen as Director

No official resultsDIRECTOR ELECTIONS

37% of fund votes cast · no official result

FORAGAINST
Details: votes by 37 asset managers

The 37 asset managers below reported 4,480,014 for, 7,468,029 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 4,480,014AGAINST: 7,468,029
Largest asset managers voting on “Ratify Appointment of and Elect Paul S. Herendeen as Director” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard07,403,980 00Against
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert034,625 00Against
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price022,941 00Against
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley8,7593,757 00Mixed
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

3. Reelect Victor Grifols Deu as Director

No official resultsDIRECTOR ELECTIONS

87% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 10,387,993 for, 1,560,050 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 10,387,993AGAINST: 1,560,050
Largest asset managers voting on “Reelect Victor Grifols Deu as Director” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional01,091,923 00Against
TIAA388,3070 00For
AQR0367,088 00Against
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial36,49310,416 00Mixed
Calvert034,625 00Against
Goldman Sachs31,6580 00For
Brighthouse21,6325,723 00Mixed
Equitable7,92515,262 00Mixed
T. Rowe Price22,9410 00For
WisdomTree7,94313,138 00Mixed
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley8,7593,757 00Mixed
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC07,914 00Against
HC CAPITAL TRUST4,825512 00Mixed
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

4. DISMISSAL, RESIGNATION AND RE ELECTION AND/OR…: AMENDMENT OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS. MODIFICATION, IF APPLICABLE, OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTOR: AMENDMENT OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS ” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

5. DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS. MODIFICATION, IF APPLICABLE, OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTOR: RATIFICATION OF THE APPOINTMENT BY CO-OPTION OF MR. PASCAL RAVERY AS A MEMBER OF THE BOARD OF DIRECTORS

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS ” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

6. DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS. MODIFICATION, IF APPLICABLE, OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTOR: RATIFICATION OF THE APPOINTMENT BY CO-OPTION OF MR. PAUL S. HERENDEEN AS A MEMBER OF THE BOARD OF DIRECTORS

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS ” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

7. DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE…

No official resultsDIRECTOR ELECTIONS

90% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS OF THE BOARD OF DIRECTORS. MODIFICATION, IF APPLICABLE, OF THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTOR: RE-ELECTION OF MR. VICTOR GRIFOLS DEU AS A MEMBER OF THE BOARD OF DIRECTORS

The 7 asset managers below reported 238,257 for, 26,026 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 238,257AGAINST: 26,026
Largest asset managers voting on “DISMISSAL, RESIGNATION AND RE ELECTION AND/OR APPOINTMENT OR RATIFICATION, AS THE CASE MAY BE, OF THE MEMBERS ” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock92,13919,565 00Mixed
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz23,3026,461 00Mixed
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

8. Amend Article 7 of General Meeting Regulations

No official resultsCORPORATE GOVERNANCE

67% of fund votes cast · no official result

FORAGAINST
Details: votes by 37 asset managers

The 37 asset managers below reported 8,011,861 for, 3,936,182 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,011,861AGAINST: 3,936,182
Largest asset managers voting on “Amend Article 7 of General Meeting Regulations” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity01,720,233 00Against
Dimensional01,091,923 00Against
TIAA388,3070 00For
AQR0367,088 00Against
DWS0197,475 00Against
State Street173,1980 00For
RBB FUND, INC.0131,549 00Against
Northern Trust090,081 00Against
Empower061,863 00Against
Lincoln Financial36,49310,416 00Mixed
Calvert034,625 00Against
Goldman Sachs031,658 00Against
Brighthouse027,355 00Against
Equitable023,187 00Against
T. Rowe Price022,941 00Against
WisdomTree021,081 00Against
Principal017,935 00Against
Nationwide012,553 00Against
Morgan Stanley012,516 00Against
PIMCO011,725 00Against
Columbia Threadneedle011,345 00Against
M FUND INC07,914 00Against
HC CAPITAL TRUST05,337 00Against
BNY Mellon04,951 00Against

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

9. Amendment of article 7 of the regulations of the general shareholders' meeting

No official resultsCORPORATE GOVERNANCE

4% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AMENDMENT OF ARTICLE 7 OF THE REGULATIONS OF THE GENERAL SHAREHOLDERS' MEETING

The 7 asset managers below reported 11,763 for, 252,520 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,763AGAINST: 252,520
Largest asset managers voting on “AMENDMENT OF ARTICLE 7 OF THE REGULATIONS OF THE GENERAL SHAREHOLDERS' MEETING” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock11,76399,941 00Mixed
GPS Funds I054,164 00Against
Six Circles Trust047,505 00Against
Allianz029,763 00Against
Bridge Builder Trust014,834 00Against
BlackRock03,727 00Against
JPMorgan02,586 00Against

10. Amendments to Article 7 of the Shareholders' Meeting Regulations

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,059,301 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,059,301
Largest asset managers voting on “Amendments to Article 7 of the Shareholders' Meeting Regulations” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,922,1190 00For
Brown Capital Management Mutual Funds89,4450 00For
PACE SELECT ADVISORS TRUST40,3930 00For
Principal6,5460 00For
Prudential/PGIM6150 00For
Adviser Managed Trust1830 00For

11. Authorize Company to Call EGM with 15 Days' Notice

No official resultsCORPORATE GOVERNANCE

98% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,726,880 for, 221,163 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,726,880AGAINST: 221,163
Largest asset managers voting on “Authorize Company to Call EGM with 15 Days' Notice” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street0173,198 00Against
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial10,41636,493 00Mixed
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley11,1111,405 00Mixed
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

12. Fix Number of Directors at 12

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Fix Number of Directors at 12” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

13. Authorization to the board of directors to call, if necessary, extraordinary general shareholders' meetings of the…

No official resultsCORPORATE GOVERNANCE

96% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AUTHORIZATION TO THE BOARD OF DIRECTORS TO CALL, IF NECESSARY, EXTRAORDINARY GENERAL SHAREHOLDERS' MEETINGS OF THE COMPANY WITH AT LEAST 15 DAYS IN ADVANCE, IN ACCORDANCE WITH ARTICLE 515 OF THE CAPITAL COMPANIES ACT

The 7 asset managers below reported 252,520 for, 11,763 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 252,520AGAINST: 11,763
Largest asset managers voting on “AUTHORIZATION TO THE BOARD OF DIRECTORS TO CALL, IF NECESSARY, EXTRAORDINARY GENERAL SHAREHOLDERS' MEETINGS OF” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock99,94111,763 00Mixed
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

14. Review and approval of the performance of the board throughout the fiscal year ended December 31, 2024

No official resultsCORPORATE GOVERNANCE

66% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: REVIEW AND APPROVAL OF THE PERFORMANCE OF THE BOARD THROUGHOUT THE FISCAL YEAR ENDED DECEMBER 31, 2024

The 7 asset managers below reported 174,915 for, 89,368 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 174,915AGAINST: 89,368
Largest asset managers voting on “REVIEW AND APPROVAL OF THE PERFORMANCE OF THE BOARD THROUGHOUT THE FISCAL YEAR ENDED DECEMBER 31, 2024” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust047,505 00Against
Allianz6,46123,302 00Mixed
Bridge Builder Trust014,834 00Against
BlackRock03,727 00Against
JPMorgan2,5860 00For

15. Authorize Share Repurchase Program

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Authorize Share Repurchase Program” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

16. Authorization for the derivative acquisition of treasury stock, revoking and leaving without effect the authorization…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AUTHORIZATION FOR THE DERIVATIVE ACQUISITION OF TREASURY STOCK, REVOKING AND LEAVING WITHOUT EFFECT THE AUTHORIZATION AGREED BY THE ORDINARY GENERAL SHAREHOLDERS' MEETING OF OCTOBER 9, 2020

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “AUTHORIZATION FOR THE DERIVATIVE ACQUISITION OF TREASURY STOCK, REVOKING AND LEAVING WITHOUT EFFECT THE AUTHOR” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

17. Authority to Repurchase Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,059,301 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,059,301
Largest asset managers voting on “Authority to Repurchase Shares” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,922,1190 00For
Brown Capital Management Mutual Funds89,4450 00For
PACE SELECT ADVISORS TRUST40,3930 00For
Principal6,5460 00For
Prudential/PGIM6150 00For
Adviser Managed Trust1830 00For

18. Approve Consolidated Financial Statements

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Approve Consolidated Financial Statements” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

19. Approve Discharge of Board

No official resultsCORPORATE GOVERNANCE

99.7% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,920,211 for, 27,832 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,920,211AGAINST: 27,832
Largest asset managers voting on “Approve Discharge of Board” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable15,2627,925 00Mixed
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide012,553 00Against
Morgan Stanley5,1627,354 00Mixed
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

20. Approve Standalone Financial Statements and Treatment of Net Loss

No official resultsCAPITAL STRUCTURECORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Approve Standalone Financial Statements and Treatment of Net Loss” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

21. Review and approval of the consolidated annual accounts relating to the fiscal year ended December 31, 2024

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: REVIEW AND APPROVAL OF THE CONSOLIDATED ANNUAL ACCOUNTS RELATING TO THE FISCAL YEAR ENDED DECEMBER 31, 2024

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “REVIEW AND APPROVAL OF THE CONSOLIDATED ANNUAL ACCOUNTS RELATING TO THE FISCAL YEAR ENDED DECEMBER 31, 2024” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

22. Review and approval of the individual annual accounts of the fiscal year ended December 31, 2024

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: REVIEW AND APPROVAL OF THE INDIVIDUAL ANNUAL ACCOUNTS OF THE FISCAL YEAR ENDED DECEMBER 31, 2024

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “REVIEW AND APPROVAL OF THE INDIVIDUAL ANNUAL ACCOUNTS OF THE FISCAL YEAR ENDED DECEMBER 31, 2024” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

23. Approve Non-Financial Information Statement

No official resultsCORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSION

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Approve Non-Financial Information Statement” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

24. Review and approval of consolidated non-financial information statement of the fiscal year ended December 31, 2024

No official resultsOTHER SOCIAL ISSUESOTHER

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: REVIEW AND APPROVAL OF CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT OF THE FISCAL YEAR ENDED DECEMBER 31, 2024

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “REVIEW AND APPROVAL OF CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT OF THE FISCAL YEAR ENDED DECEMBER 31, ” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

25. Authorize Board to Ratify and Execute Approved Resolutions

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Authorize Board to Ratify and Execute Approved Resolutions” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

26. Granting of authorities to formalize and execute the resolutions passed by the general shareholders' meeting

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: GRANTING OF AUTHORITIES TO FORMALIZE AND EXECUTE THE RESOLUTIONS PASSED BY THE GENERAL SHAREHOLDERS' MEETING

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “GRANTING OF AUTHORITIES TO FORMALIZE AND EXECUTE THE RESOLUTIONS PASSED BY THE GENERAL SHAREHOLDERS' MEETING” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

27. Authorisation of Legal Formalities

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,059,301 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,059,301
Largest asset managers voting on “Authorisation of Legal Formalities” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,922,1190 00For
Brown Capital Management Mutual Funds89,4450 00For
PACE SELECT ADVISORS TRUST40,3930 00For
Principal6,5460 00For
Prudential/PGIM6150 00For
Adviser Managed Trust1830 00For

28. Amend Grant of Options to the Executive Chairman and CEO

0% of fund votes cast · no official result

AGAINST
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 11,948,043
Largest asset managers voting on “Amend Grant of Options to the Executive Chairman and CEO” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard07,403,980 00Against
Fidelity01,720,233 00Against
Dimensional01,091,923 00Against
TIAA0388,307 00Against
AQR0367,088 00Against
DWS0197,475 00Against
State Street0173,198 00Against
RBB FUND, INC.0131,549 00Against
Northern Trust090,081 00Against
Empower061,863 00Against
Lincoln Financial046,909 00Against
Calvert034,625 00Against
Goldman Sachs031,658 00Against
Brighthouse027,355 00Against
Equitable023,187 00Against
T. Rowe Price022,941 00Against
WisdomTree021,081 00Against
Principal017,935 00Against
Nationwide012,553 00Against
Morgan Stanley012,516 00Against
PIMCO011,725 00Against
Columbia Threadneedle011,345 00Against
M FUND INC07,914 00Against
HC CAPITAL TRUST05,337 00Against
BNY Mellon04,951 00Against

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

29. Approve Long-Term Incentive Plan

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Approve Long-Term Incentive Plan” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

30. Approval of a 2025 equity incentive plan

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPROVAL OF A 2025 EQUITY INCENTIVE PLAN

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “APPROVAL OF A 2025 EQUITY INCENTIVE PLAN” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

31. Approval of an inconsistency correction with respect to the stock options over company shares granted to MR. thomas…

0% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPROVAL OF AN INCONSISTENCY CORRECTION WITH RESPECT TO THE STOCK OPTIONS OVER COMPANY SHARES GRANTED TO MR. THOMAS GLANZMANN, APPROVED BY THE GENERAL SHAREHOLDERS' MEETING ON 16 JUNE 2023

The 7 asset managers below reported 264,283 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 264,283
Largest asset managers voting on “APPROVAL OF AN INCONSISTENCY CORRECTION WITH RESPECT TO THE STOCK OPTIONS OVER COMPANY SHARES GRANTED TO MR. T” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock0111,704 00Against
GPS Funds I054,164 00Against
Six Circles Trust047,505 00Against
Allianz029,763 00Against
Bridge Builder Trust014,834 00Against
BlackRock03,727 00Against
JPMorgan02,586 00Against

32. Equity Incentive Plan (Senior Management Team)

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,059,301 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,059,301
Largest asset managers voting on “Equity Incentive Plan (Senior Management Team)” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,922,1190 00For
Brown Capital Management Mutual Funds89,4450 00For
PACE SELECT ADVISORS TRUST40,3930 00For
Principal6,5460 00For
Prudential/PGIM6150 00For
Adviser Managed Trust1830 00For

33. Amendment to the Share Option Plan (former CEO)

0.1% of fund votes cast · no official result

AGAINST
Details: votes by 6 asset managers

The 6 asset managers below reported 615 for, 2,058,686 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 615AGAINST: 2,058,686
Largest asset managers voting on “Amendment to the Share Option Plan (former CEO)” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab01,922,119 00Against
Brown Capital Management Mutual Funds089,445 00Against
PACE SELECT ADVISORS TRUST040,393 00Against
Principal06,546 00Against
Prudential/PGIM6150 00For
Adviser Managed Trust0183 00Against

34. Advisory Vote on Remuneration Report

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

78% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 40 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 37 asset managers voting on “Advisory Vote on Remuneration Report” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,696,91523,318 00For
Dimensional01,091,923 00Against
TIAA388,3070 00For
AQR0367,088 00Against
DWS0197,475 00Against
State Street0173,198 00Against
RBB FUND, INC.0131,549 00Against
Northern Trust090,081 00Against
Empower061,863 00Against
Lincoln Financial046,909 00Against
Calvert034,625 00Against
Goldman Sachs031,658 00Against
Brighthouse027,355 00Against
Equitable023,187 00Against
T. Rowe Price022,941 00Against
WisdomTree021,081 00Against
Principal017,935 00Against
Nationwide012,553 00Against
Morgan Stanley012,516 00Against
PIMCO011,725 00Against
Columbia Threadneedle11,3450 00For
M FUND INC07,914 00Against
HC CAPITAL TRUST05,337 00Against
BNY Mellon04,951 00Against

Fund voting reports, all 37 managers: 9,502,549 for, 2,445,494 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 3 asset managers voting on “Advisory Vote on Remuneration Report” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan0167,835 00Against
APG Asset Management US Inc.070,098 00Against
Desjardins Global Asset Management Inc.023,086 00Against

Institutional-manager reports, all 3 managers: 261,019 against.

35. Approve Remuneration Policy

79% of fund votes cast · no official result

FORAGAINST
Details: votes by 38 asset managers

The 38 asset managers below reported 9,502,549 for, 2,459,152 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 9,502,549AGAINST: 2,459,152
Largest asset managers voting on “Approve Remuneration Policy” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,696,91523,318 00For
Dimensional01,091,923 00Against
TIAA388,3070 00For
AQR0367,088 00Against
DWS0197,475 00Against
State Street0173,198 00Against
RBB FUND, INC.0131,549 00Against
Northern Trust090,081 00Against
Empower061,863 00Against
Lincoln Financial046,909 00Against
Calvert034,625 00Against
Goldman Sachs031,658 00Against
Brighthouse027,355 00Against
Equitable023,187 00Against
T. Rowe Price022,941 00Against
WisdomTree021,081 00Against
Principal017,935 00Against
Regime de rentes du Mouvement Desjardins013,658 00Against
Nationwide012,553 00Against
Morgan Stanley012,516 00Against
PIMCO011,725 00Against
Columbia Threadneedle11,3450 00For
M FUND INC07,914 00Against
HC CAPITAL TRUST05,337 00Against

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

36. Consultative vote on the annual remuneration report

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

39% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 13 asset managers

Description as filed by funds: CONSULTATIVE VOTE ON THE ANNUAL REMUNERATION REPORT

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “CONSULTATIVE VOTE ON THE ANNUAL REMUNERATION REPORT” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock0111,704 00Against
GPS Funds I054,164 00Against
Six Circles Trust047,505 00Against
Allianz029,763 00Against
Bridge Builder Trust014,834 00Against
BlackRock03,727 00Against
JPMorgan02,586 00Against

Fund voting reports, all 7 managers: 264,283 against.

Institutional-manager reports: 7 asset managers voting on “CONSULTATIVE VOTE ON THE ANNUAL REMUNERATION REPORT” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock201,6345,708,776 00Against
ARMISTICE CAPITAL, LLC3,622,0000 00For
Siemens Fonds Invest GmbH080,489 00Against
Northern Trust052,985 00Against
US BANK NATIONAL ASSOCIATION080 00Against
Korea Investment CORP10 00For
XPONANCE, INC.10 00For

Institutional-manager reports, all 7 managers: 3,823,636 for, 5,842,330 against.

37. Approval of the directors' remuneration policy of the company (2026-28)

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

3% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPROVAL OF THE DIRECTORS' REMUNERATION POLICY OF THE COMPANY (2026-28)

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 7 asset managers voting on “APPROVAL OF THE DIRECTORS' REMUNERATION POLICY OF THE COMPANY (2026-28)” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock0111,704 00Against
GPS Funds I054,164 00Against
Six Circles Trust047,505 00Against
Allianz029,763 00Against
Bridge Builder Trust014,834 00Against
BlackRock03,727 00Against
JPMorgan02,586 00Against

Fund voting reports, all 7 managers: 264,283 against.

Institutional-manager reports: 1 asset manager voting on “APPROVAL OF THE DIRECTORS' REMUNERATION POLICY OF THE COMPANY (2026-28)” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock201,6345,708,776 00Against

Institutional-manager reports, all 1 managers: 201,634 for, 5,708,776 against.

38. Appoint Deloitte Auditores as Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 37 asset managers

The 37 asset managers below reported 11,948,043 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,948,043
Largest asset managers voting on “Appoint Deloitte Auditores as Auditor for Sustainability Reporting” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,403,9800 00For
Fidelity1,720,2330 00For
Dimensional1,091,9230 00For
TIAA388,3070 00For
AQR367,0880 00For
DWS197,4750 00For
State Street173,1980 00For
RBB FUND, INC.131,5490 00For
Northern Trust90,0810 00For
Empower61,8630 00For
Lincoln Financial46,9090 00For
Calvert34,6250 00For
Goldman Sachs31,6580 00For
Brighthouse27,3550 00For
Equitable23,1870 00For
T. Rowe Price22,9410 00For
WisdomTree21,0810 00For
Principal17,9350 00For
Nationwide12,5530 00For
Morgan Stanley12,5160 00For
PIMCO11,7250 00For
Columbia Threadneedle11,3450 00For
M FUND INC7,9140 00For
HC CAPITAL TRUST5,3370 00For
BNY Mellon4,9510 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

39. Appointment of Deloitte auditores as independent assurance services provider for FY 2025-27

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPOINTMENT OF DELOITTE AUDITORES AS INDEPENDENT ASSURANCE SERVICES PROVIDER FOR FY 2025-27

The 7 asset managers below reported 264,283 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 264,283
Largest asset managers voting on “APPOINTMENT OF DELOITTE AUDITORES AS INDEPENDENT ASSURANCE SERVICES PROVIDER FOR FY 2025-27” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock111,7040 00For
GPS Funds I54,1640 00For
Six Circles Trust47,5050 00For
Allianz29,7630 00For
Bridge Builder Trust14,8340 00For
BlackRock3,7270 00For
JPMorgan2,5860 00For

40. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,059,301 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,059,301
Largest asset managers voting on “Appointment of Auditor” at Grifols SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,922,1190 00For
Brown Capital Management Mutual Funds89,4450 00For
PACE SELECT ADVISORS TRUST40,3930 00For
Principal6,5460 00For
Prudential/PGIM6150 00For
Adviser Managed Trust1830 00For

Showing the 40 reported items with the widest manager coverage, of 53 in total. Every item is in the interactive database (link above).

Largest Grifols SA shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Grifols SA shareholders by shares voted on “Advisory Vote on Remuneration Report”, 2024-2025
#Asset manager Shares voted
1Vanguard 7,403,980
2Fidelity 1,720,233
3Dimensional 1,091,923
4TIAA 388,307
5AQR 367,088
6DWS 197,475
7State Street 173,198
8RBB FUND, INC. 131,549
9Northern Trust 90,081
10Empower 61,863
Institutional-manager reports: top Grifols SA shareholders by shares voted on “CONSULTATIVE VOTE ON THE ANNUAL REMUNERATION REPORT”, 2024-2025
#Asset manager Shares voted
1BlackRock 5,910,410
2ARMISTICE CAPITAL, LLC 3,622,000
3Siemens Fonds Invest GmbH 80,489
4Northern Trust 52,985
5US BANK NATIONAL ASSOCIATION 80
6Korea Investment CORP 1
7XPONANCE, INC. 1

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Grifols SA for the 2024-2025 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Grifols SA proxy season coverage: 2023-2024 · 2024-2025 (this page).

Cite this page

proxyvotesnow.com, “Grifols SA 2025 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/grifols-sa/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.