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Hormel Foods Corporation 2025-2026 Proxy Voting Records

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

52Reported items
616Asset managers
9,670Fund votes
2026-01-27Meeting date

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

Explore Hormel Foods Corporation in the interactive database Compare manager voting policies

How asset managers voted at the Hormel Foods Corporation 2025-2026 meeting

Each item below shows how the 616 asset managers that disclosed a Hormel Foods Corporation 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 Hormel Foods Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve the Named Executive Officer compensation as disclosed in the Company's 2026 annual meeting proxy statement.

COMPENSATION

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

88% fund support · no official result

FOR 88%12%

The 580 asset managers below cast 88% of the shares they voted on this item FOR (161,882,895 for, 22,841,276 against).

FOR: 161,882,895 (87.5%)AGAINST: 22,841,276 (12.4%)ABSTAIN: 127,210 (0.1%)NOT VOTED: 69,052 (0.0%)

Largest asset managers voting on “Approve the Named Executive Officer compensation as disclosed in the Company's 2026 annual meeting proxy state” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	37,570,273	14,195	4	For
BlackRock	21,663,731	213,384	0	For
Invesco	0	15,999,932	0	Against
State Street	15,395,982	78,956	6,988	For
GEODE CAPITAL MANAGEMENT, LLC	7,644,075	0	0	For
Fidelity	6,896,601	15,427	0	For
ProShares	6,746,257	0	0	For
First Trust	5,137,632	0	0	For
Charles Schwab	4,067,099	0	0	For
Dimensional	3,917,559	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	3,409,385	0	0	For
Two Sigma	3,272,314	0	0	For
Citadel	2,899,512	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Northern Trust	2,128,055	138,359	0	For
GATES FOUNDATION TRUST	2,085,290	0	0	For
Victory Capital	1,959,789	0	0	For
NOMURA ASSET MANAGEMENT CO LTD	1,636,175	0	0	For
Fourth Sail Capital LP	1,441,662	0	0	For
STIFEL NICOLAUS & CO INC \MO\	1,415,358	0	0	For
WisdomTree	1,388,337	0	0	For
Amundi	0	1,344,512	0	Against
UBS	0	1,320,169	0	Against
Goldman Sachs	1,081,265	36	0	For
Legal & General Investment Management Ltd	12,694	857,411	0	Against

Showing the 25 largest of 580 asset managers. See all 580 in the interactive database.

2. Approve the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.

COMPENSATION

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

82% fund support · no official result

FOR 82%AGAINST 18%

The 120 asset managers below cast 82% of the shares they voted on this item FOR (79,255,682 for, 17,978,031 against).

FOR: 79,255,682 (81.5%)AGAINST: 17,978,031 (18.5%)ABSTAIN: 4 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Approve the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,641,340	29,891	4	For
BlackRock	11,170,792	7,460	0	For
State Street	10,284,701	14,566	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,841,201	55,400	0	For
ProShares	0	6,746,257	0	Against
First Trust	0	5,041,354	0	Against
Dimensional	0	2,483,247	0	Against
TRUST FOR PROFESSIONAL MANAGERS	2,407,603	5,475	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	0	927,487	0	Against
TIAA	0	517,420	0	Against
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
John Hancock	0	303,382	0	Against
Prudential/PGIM	0	291,920	0	Against
Equitable	231,546	0	0	For
T. Rowe Price	0	214,777	0	Against
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	92,074	74,675	0	For
Legg Mason	0	133,214	0	Against
Calvert	116,208	0	0	For
Brighthouse	84,951	29,525	0	For
HC CAPITAL TRUST	108,984	3,044	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

3. Elect a board of 12 directors: Christopher J. Policinski

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (97,760,553 for, 48,881 against).

FOR: 97,760,553 (99.9%)AGAINST: 48,881 (0.0%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Christopher J. Policinski” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,203	30	1	For
BlackRock	11,178,252	0	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

4. Elect a board of 12 directors: D. Scott Aakre

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 120 asset managers below cast 98% of the shares they voted on this item FOR (96,124,526 for, 1,684,909 against).

FOR: 96,124,526 (98.3%)AGAINST: 1,684,909 (1.7%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: D. Scott Aakre” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,209	25	1	For
BlackRock	11,178,252	0	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	0	1,388,337	0	Against
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	74,675	92,074	0	Against
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

5. Elect a board of 12 directors: Debbra L. Schoneman

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 120 asset managers below cast 99.7% of the shares they voted on this item FOR (97,551,791 for, 257,643 against).

FOR: 97,551,791 (99.7%)AGAINST: 257,643 (0.3%)ABSTAIN: 19,412 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Debbra L. Schoneman” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,657,055	14,178	2	For
BlackRock	11,176,506	1,746	0	For
State Street	10,299,267	0	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	0	116,208	0	Against
Cardano Risk Management B.V.	0	115,015	0	Against

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

6. Elect a board of 12 directors: Elsa A. Murano, Ph.D.

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 120 asset managers below cast 99.6% of the shares they voted on this item FOR (97,502,934 for, 306,497 against).

FOR: 97,502,934 (99.7%)AGAINST: 306,497 (0.3%)ABSTAIN: 19,412 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Elsa A. Murano, Ph.D.” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,657,050	14,180	2	For
BlackRock	11,176,506	1,746	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	0	116,208	0	Against
Cardano Risk Management B.V.	0	115,015	0	Against

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

7. Elect a board of 12 directors: Gary C. Bhojwani

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 120 asset managers below cast 99% of the shares they voted on this item FOR (96,653,438 for, 1,155,994 against).

FOR: 96,653,438 (98.8%)AGAINST: 1,155,994 (1.2%)ABSTAIN: 19,414 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Gary C. Bhojwani” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,635,222	36,009	4	For
BlackRock	11,169,761	8,491	0	For
State Street	10,277,703	21,564	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,011	513	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	0	205,034	0	Against
VanEck Funds	0	169,200	0	Against
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	0	116,208	0	Against
Cardano Risk Management B.V.	0	115,015	0	Against

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

8. Elect a board of 12 directors: Jeffrey M. Ettinger

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (97,807,240 for, 2,193 against).

FOR: 97,807,240 (100.0%)AGAINST: 2,193 (0.0%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Jeffrey M. Ettinger” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,224	8	1	For
BlackRock	11,178,252	0	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

9. Elect a board of 12 directors: John F. Ghingo

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 120 asset managers below cast 98% of the shares they voted on this item FOR (96,124,522 for, 1,684,909 against).

FOR: 96,124,522 (98.3%)AGAINST: 1,684,909 (1.7%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: John F. Ghingo” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,205	25	1	For
BlackRock	11,178,252	0	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	0	1,388,337	0	Against
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	74,675	92,074	0	Against
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

10. Elect a board of 12 directors: Michael P. Zechmeister

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (97,809,417 for, 16 against).

FOR: 97,809,417 (100.0%)AGAINST: 16 (0.0%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Michael P. Zechmeister” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,216	16	1	For
BlackRock	11,178,252	0	0	For
State Street	10,299,267	0	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

11. Elect a board of 12 directors: Sally J. Smith

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 120 asset managers below cast 99.6% of the shares they voted on this item FOR (97,507,561 for, 301,873 against).

FOR: 97,507,561 (99.7%)AGAINST: 301,873 (0.3%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Sally J. Smith” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,649,402	21,831	1	For
BlackRock	11,173,066	5,186	0	For
State Street	10,277,703	21,564	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	0	205,034	0	Against
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

12. Elect a board of 12 directors: Stephen M. Lacy

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (97,760,547 for, 48,886 against).

FOR: 97,760,547 (99.9%)AGAINST: 48,886 (0.0%)ABSTAIN: 19,412 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Stephen M. Lacy” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,671,197	35	2	For
BlackRock	11,178,252	0	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Cardano Risk Management B.V.	115,015	0	0	For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

13. Elect a board of 12 directors: Steven A. White

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.4% fund support · no official result

FOR 99.4%

The 120 asset managers below cast 99.4% of the shares they voted on this item FOR (97,247,670 for, 561,762 against).

FOR: 97,247,670 (99.4%)AGAINST: 561,762 (0.6%)ABSTAIN: 19,412 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: Steven A. White” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,635,246	35,985	2	For
BlackRock	11,171,320	6,932	0	For
State Street	10,277,703	21,564	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	0	205,034	0	Against
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	0	116,208	0	Against
Cardano Risk Management B.V.	0	115,015	0	Against

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

14. Elect a board of 12 directors: William A. Newlands

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

89% fund support · no official result

FOR 89%11%

The 120 asset managers below cast 89% of the shares they voted on this item FOR (86,923,268 for, 10,886,165 against).

FOR: 86,923,268 (88.9%)AGAINST: 10,886,165 (11.1%)ABSTAIN: 19,412 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Elect a board of 12 directors: William A. Newlands” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,635,241	35,991	2	For
BlackRock	11,171,320	6,932	0	For
State Street	29,137	10,270,130	0	Against
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
JPMorgan	368,803	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	0	205,034	0	Against
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	0	116,208	0	Against
Cardano Risk Management B.V.	0	115,015	0	Against

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

15. Ratify the appointment by the Audit Committee of the Board of Directors of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending October 25, 2026.

AUDIT-RELATED

Meeting held 2026-01-27; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.8%

The 114 asset managers below cast 99.9% of the shares they voted on this item FOR (97,103,143 for, 88,303 against).

FOR: 97,103,143 (99.9%)AGAINST: 88,303 (0.1%)ABSTAIN: 19,411 (0.0%)NOT VOTED: 219 (0.0%)

Largest asset managers voting on “Ratify the appointment by the Audit Committee of the Board of Directors of Ernst & Young LLP as independent re” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	34,657,047	14,185	1	For
BlackRock	11,176,506	1,746	0	For
State Street	10,298,602	665	0	For
Invesco	7,783,711	0	0	For
Fidelity	6,896,601	0	0	For
ProShares	6,746,257	0	0	For
First Trust	5,041,354	0	0	For
Dimensional	2,483,247	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,413,078	0	0	For
Charles Schwab	2,014,524	0	0	For
WisdomTree	1,388,337	0	0	For
Victory Capital	927,487	0	0	For
TIAA	517,420	0	0	For
MASTER INVESTMENT PORTFOLIO	443,062	0	0	For
John Hancock	303,382	0	0	For
Prudential/PGIM	291,920	0	0	For
Equitable	231,546	0	0	For
T. Rowe Price	214,777	0	0	For
TIMOTHY PLAN	205,034	0	0	For
VanEck Funds	169,200	0	0	For
Jackson National	166,749	0	0	For
Legg Mason	133,214	0	0	For
Calvert	116,208	0	0	For
Brighthouse	95,066	0	19,410	For
HC CAPITAL TRUST	109,853	0	0	For

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATIONSECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

71% fund support · no official result

FOR 71%AGAINST 29%

The 19 asset managers below cast 71% of the shares they voted on this item FOR (1,146,113 for, 460,829 against).

FOR: 1,146,113 (71.3%)AGAINST: 460,829 (28.7%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	947,560	0	For
MILLER HOWARD INVESTMENTS INC /NY	0	262,008	Against
Cardano Risk Management B.V.	0	115,015	Against
Empower	54,517	0	For
AGF Investments Trust	52,430	0	For
STOREBRAND ASSET MANAGEMENT AS	51,610	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	41,322	Against
TOBAM	0	40,154	Against
CLEARWATER INVESTMENT TRUST	20,877	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	7,636	0	For
Metzler Asset Management GmbH	5,472	0	For
USCF ETF Trust	0	2,270	Against
NORTHERN LIGHTS FUND TRUST II	1,900	0	For
TD Waterhouse Canada Inc.	1,501	0	For
Wilshire Advisors LLC	1,348	0	For
Hanson & Doremus Investment Management	640	0	For
Convergence Investment Partners, LLC	367	0	For
WHITENER CAPITAL MANAGEMENT, INC.	255	0	For
Resolute Advisors LLC	0	60	Against

17. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

18. Add New Article 39 Re: Indemnity Provision

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

17% fund support · no official result

FOR 17%AGAINST 83%

The 9 asset managers below cast 17% of the shares they voted on this item FOR (1,012,800 for, 4,877,124 against).

FOR: 1,012,800 (17.2%)AGAINST: 4,877,124 (82.8%)

Largest asset managers voting on “Add New Article 39 Re: Indemnity Provision” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,121,100	Against
American Century	1,012,800	0	For
First Trust	0	820,741	Against
Dodge & Cox	0	674,500	Against
Fidelity	0	496,500	Against
Dimensional	0	328,153	Against
Catholic Responsible Investments Funds	0	278,100	Against
State Street	0	101,530	Against
ADVISORS' INNER CIRCLE FUND	0	56,500	Against

19. Amend Article 13

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Amend Article 13” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

20. Amend Article 15 Re: Increase in Board Size

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Amend Article 15 Re: Increase in Board Size” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

21. Amend Article 20

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Amend Article 20” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

22. Amend Article 23

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Amend Article 23” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

23. Amend Article 5 to Reflect Changes in Capital

CAPITAL STRUCTURECORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Amend Article 5 to Reflect Changes in Capital” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

24. Approve Allocation of Income and Dividends

CAPITAL STRUCTURE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

25. Approve Remuneration of Company's Management

COMPENSATION

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Approve Remuneration of Company's Management” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

26. As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

0% fund support · no official result

13%ABSTAIN 87%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 776,030 against).

AGAINST: 776,030 (13.2%)ABSTAIN: 5,113,894 (86.8%)

Largest asset managers voting on “As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of” at Hormel Foods Corporation, 2025-2026
Asset manager	Against	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,121,100	Abstain
American Century	0	1,012,800	Abstain
First Trust	0	820,741	Abstain
Dodge & Cox	674,500	0	Against
Fidelity	0	496,500	Abstain
Dimensional	0	328,153	Abstain
Catholic Responsible Investments Funds	0	278,100	Abstain
State Street	101,530	0	Against
ADVISORS' INNER CIRCLE FUND	0	56,500	Abstain

27. Consolidate Bylaws

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (5,889,924 for, 0 against).

FOR: 5,889,924 (100.0%)

Largest asset managers voting on “Consolidate Bylaws” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	For
American Century	1,012,800	For
First Trust	820,741	For
Dodge & Cox	674,500	For
Fidelity	496,500	For
Dimensional	328,153	For
Catholic Responsible Investments Funds	278,100	For
State Street	101,530	For
ADVISORS' INNER CIRCLE FUND	56,500	For

28. Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

SHAREHOLDER RIGHTS AND DEFENSES

Reported under meeting date 2026-04-28; no official results on file for that date.

0% fund support · no official result

13%ABSTAIN 87%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 776,030 against).

AGAINST: 776,030 (13.2%)ABSTAIN: 5,113,894 (86.8%)

Largest asset managers voting on “Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Te” at Hormel Foods Corporation, 2025-2026
Asset manager	Against	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,121,100	Abstain
American Century	0	1,012,800	Abstain
First Trust	0	820,741	Abstain
Dodge & Cox	674,500	0	Against
Fidelity	0	496,500	Abstain
Dimensional	0	328,153	Abstain
Catholic Responsible Investments Funds	0	278,100	Abstain
State Street	101,530	0	Against
ADVISORS' INNER CIRCLE FUND	0	56,500	Abstain

29. Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

13% fund support · no official result

11%ABSTAIN 87%

The 9 asset managers below cast 13% of the shares they voted on this item FOR (101,530 for, 674,500 against).

FOR: 101,530 (1.7%)AGAINST: 674,500 (11.5%)ABSTAIN: 5,113,894 (86.8%)

Largest asset managers voting on “Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corpo” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	0	2,121,100	Abstain
American Century	0	0	1,012,800	Abstain
First Trust	0	0	820,741	Abstain
Dodge & Cox	0	674,500	0	Against
Fidelity	0	0	496,500	Abstain
Dimensional	0	0	328,153	Abstain
Catholic Responsible Investments Funds	0	0	278,100	Abstain
State Street	101,530	0	0	For
ADVISORS' INNER CIRCLE FUND	0	0	56,500	Abstain

30. Elect Directors

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

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

13% fund support · no official result

13%AGAINST 87%

The 9 asset managers below cast 13% of the shares they voted on this item FOR.

FOR: 13.2%AGAINST: 86.8%

Largest asset managers voting on “Elect Directors” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,121,100	Against
American Century	0	1,012,800	Against
First Trust	0	820,741	Against
Dodge & Cox	674,500	0	For
Fidelity	0	496,500	Against
Dimensional	0	328,153	Against
Catholic Responsible Investments Funds	0	278,100	Against
State Street	101,530	0	For
ADVISORS' INNER CIRCLE FUND	0	56,500	Against

31. In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

32. In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?

CORPORATE GOVERNANCE

Reported under meeting date 2026-04-28; no official results on file for that date.

0% fund support · no official result

AGAINST 100%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 5,889,924 against).

AGAINST: 5,889,924 (100.0%)

Largest asset managers voting on “In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed S” at Hormel Foods Corporation, 2025-2026
Asset manager	Against	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Against
American Century	1,012,800	Against
First Trust	820,741	Against
Dodge & Cox	674,500	Against
Fidelity	496,500	Against
Dimensional	328,153	Against
Catholic Responsible Investments Funds	278,100	Against
State Street	101,530	Against
ADVISORS' INNER CIRCLE FUND	56,500	Against

33. Percentage of Votes to Be Assigned - Elect Adalberto Calil as Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Adalberto Calil as Director” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

34. Percentage of Votes to Be Assigned - Elect Augusto Marques da Cruz Filho as Independent Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Augusto Marques da Cruz Filho as Independent Director” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

35. Percentage of Votes to Be Assigned - Elect Denys Marc Ferrez as Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Denys Marc Ferrez as Director” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

36. Percentage of Votes to Be Assigned - Elect Fernando Antonio Simoes as Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Fernando Antonio Simoes as Director” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

37. Percentage of Votes to Be Assigned - Elect Marcelo Jose Ferreira e Silva as Independent Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-04-28; no official results on file for that date.

— fund support · no official result

ABSTAIN 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ABSTAIN: 5,889,924 (100.0%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Marcelo Jose Ferreira e Silva as Independent Director” at Hormel Foods Corporation, 2025-2026
Asset manager	Abstain	Vote
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,121,100	Abstain
American Century	1,012,800	Abstain
First Trust	820,741	Abstain
Dodge & Cox	674,500	Abstain
Fidelity	496,500	Abstain
Dimensional	328,153	Abstain
Catholic Responsible Investments Funds	278,100	Abstain
State Street	101,530	Abstain
ADVISORS' INNER CIRCLE FUND	56,500	Abstain

38. Approve Classification of Marcelo Marcolino as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Reported under meeting date 2026-06-24; no official results on file for that date.

14% fund support · no official result

FOR 14%AGAINST 86%

The 7 asset managers below cast 14% of the shares they voted on this item FOR (674,500 for, 4,044,025 against).

FOR: 674,500 (14.3%)AGAINST: 4,044,025 (85.7%)

Largest asset managers voting on “Approve Classification of Marcelo Marcolino as Independent Director” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	1,484,157	Against
American Century	0	1,151,860	Against
First Trust	0	825,386	Against
Dodge & Cox	674,500	0	For
Dimensional	0	390,996	Against
State Street	0	119,226	Against
TIAA	0	72,400	Against

39. Authorize Board to Ratify and Execute Approved Resolutions

CORPORATE GOVERNANCE

Reported under meeting date 2026-06-24; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (4,718,525 for, 0 against).

FOR: 4,718,525 (100.0%)

Largest asset managers voting on “Authorize Board to Ratify and Execute Approved Resolutions” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Vote
BlackRock	1,484,157	For
American Century	1,151,860	For
First Trust	825,386	For
Dodge & Cox	674,500	For
Dimensional	390,996	For
State Street	119,226	For
TIAA	72,400	For

40. Elect Flavio Tavares Valadao as Director

DIRECTOR ELECTIONS

Reported under meeting date 2026-06-24; no official results on file for that date.

14% fund support · no official result

FOR 14%AGAINST 86%

The 7 asset managers below cast 14% of the shares they voted on this item FOR (674,500 for, 4,044,025 against).

FOR: 674,500 (14.3%)AGAINST: 4,044,025 (85.7%)

Largest asset managers voting on “Elect Flavio Tavares Valadao as Director” at Hormel Foods Corporation, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	1,484,157	Against
American Century	0	1,151,860	Against
First Trust	0	825,386	Against
Dodge & Cox	674,500	0	For
Dimensional	0	390,996	Against
State Street	0	119,226	Against
TIAA	0	72,400	Against

Showing the 40 reported items with the widest manager coverage, of 52 in total. View every item.

Largest Hormel Foods Corporation shareholders voting in 2025-2026

Ranked by the number of Hormel Foods Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 550,477,000 shares outstanding at the time of that meeting.

Top Hormel Foods Corporation shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	6.83%
2	BlackRock	3.97%
3	Invesco	2.91%
4	State Street	2.81%
5	GEODE CAPITAL MANAGEMENT, LLC	1.39%
6	Fidelity	1.26%
7	ProShares	1.23%
8	First Trust	0.93%
9	Charles Schwab	0.74%
10	Dimensional	0.71%

Reported Hormel Foods Corporation ownership

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

Hormel Foods Corporation beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
The Hormel Foundation	46.58%	DEF14A
Vanguard Group	6.75%	13F
State Street	4.99%	13F
BlackRock	4.31%	13F
Invesco	2.71%	13F
Two Sigma	2.18%	13F
Geode Capital	1.48%	13F
Dimensional Fund Advisors	1.24%	13F
Morgan Stanley	1.17%	13F
Citadel Advisors	0.91%	13F

Percentages above are of 550,477,000 shares outstanding, as reported by Hormel Foods Corporation on its Form 10-Q dated 2026-01-25 (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 Hormel Foods Corporation’s 10-Q dated 2026-01-25. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Hormel Foods Corporation's shareholder meeting held 2026-01-27, in the 2025-2026 proxy season, 616 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,670 separate fund positions. Their filings are grouped here into 52 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve the Named Executive Officer compensation as disclosed in the Company's 2026 annual… — the reporting funds cast 88% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Hormel Foods Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).