Home › Companies › IBERDROLA SA › 2024-2025

IBERDROLA SA 2024-2025 Proxy Voting Records

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

90Reported items
291Asset managers
11,787Fund votes
2025-05-30Meeting date

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

Explore IBERDROLA SA in the interactive database Compare manager voting policies

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

Each item below shows how the 291 asset managers that disclosed a IBERDROLA 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 IBERDROLA 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. Consultative vote on the "Annual Director and Officer Remuneration Report 2024".

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-30; 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 172 asset managers below cast 99.7% of the shares they voted on this item FOR (245,365,782 for, 526,812 against).

FOR: 245,365,782 (99.8%)AGAINST: 526,812 (0.2%)ABSTAIN: 22 (0.0%)

Largest asset managers voting on “Consultative vote on the "Annual Director and Officer Remuneration Report 2024".” at IBERDROLA SA, 2024-2025
Asset manager	For	Against	Vote
BlackRock	199,822,223	526,812	For
JPMorgan	8,170,457	0	For
Six Circles Trust	8,087,671	0	For
Korea Investment CORP	4,936,866	0	For
Natixis	3,265,856	0	For
1832 Asset Management L.P.	2,967,071	0	For
John Hancock	2,894,644	0	For
Siemens Fonds Invest GmbH	2,237,752	0	For
Northern Trust	1,825,457	0	For
BAILLIE GIFFORD & CO LTD	1,147,345	0	For
Jackson National	1,087,275	0	For
Bridge Builder Trust	931,049	0	For
NEW ALTERNATIVES FUND	900,000	0	For
Cullen Capital Management, LLC	748,705	0	For
CULLEN FUNDS TRUST	590,882	0	For
ENVESTNET ASSET MANAGEMENT INC	589,554	0	For
RAYMOND JAMES & ASSOCIATES	509,152	0	For
Gabelli	500,638	0	For
First Trust	435,674	0	For
CARILLON SERIES TRUST	430,777	0	For
Allianz	427,535	0	For
WCM INVESTMENT MANAGEMENT, LLC	409,221	0	For
Guardian Variable Products Trust	295,414	0	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	0	For
South Dakota Investment Council	195,087	0	For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

2. Advisory Vote on Remuneration Report

COMPENSATION

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 87 asset managers below cast 100% of the shares they voted on this item FOR (560,246,615 for, 0 against).

FOR: 560,246,615 (100.0%)

Largest asset managers voting on “Advisory Vote on Remuneration Report” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
JPMorgan	53,384,517	For
TIAA	27,494,578	For
APG Asset Management US Inc.	18,124,863	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

3. Amend Articles Re: Corporate Organization and Governance

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Amend Articles Re: Corporate Organization and Governance” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

4. Amend Articles Re: Technical Improvements and Update

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Amend Articles Re: Technical Improvements and Update” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

5. Approve Allocation of Income and Dividends

CAPITAL STRUCTURE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

6. Approve Consolidated and Standalone Financial Statements

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Consolidated and Standalone Financial Statements” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

7. Approve Consolidated and Standalone Management Reports

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Consolidated and Standalone Management Reports” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

8. Approve Discharge of Board

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 83 asset managers below cast 99.9% of the shares they voted on this item FOR (487,548,900 for, 8 against).

FOR: 487,548,900 (100.0%)AGAINST: 8 (0.0%)

Largest asset managers voting on “Approve Discharge of Board” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

9. Approve Engagement Dividend

CAPITAL STRUCTURE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Engagement Dividend” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

10. Approve Non-Financial Information Statement

CORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSION

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 99%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (482,385,085 for, 0 against).

FOR: 482,385,085 (98.9%)ABSTAIN: 5,163,823 (1.1%)

Largest asset managers voting on “Approve Non-Financial Information Statement” at IBERDROLA SA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	175,692,611	0	For
Fidelity	67,996,597	0	For
Goldman Sachs	62,219,723	0	For
Capital Group	53,571,082	0	For
TIAA	27,494,578	0	For
State Street	17,452,241	0	For
MFS	9,112,179	0	For
DWS	6,805,204	0	For
Northern Trust	5,952,149	0	For
Thornburg	618,446	3,974,448	Abstain
Dimensional	3,645,301	0	For
American Century	3,550,558	0	For
DNP SELECT INCOME FUND INC	3,539,400	0	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	0	For
Columbia Threadneedle	3,249,914	0	For
Advisors' Inner Circle Fund III	2,829,154	0	For
Equitable	2,819,867	0	For
EUPAC FUND	2,795,936	0	For
Putnam	2,648,100	0	For
Calvert	2,508,825	0	For
OLD WESTBURY FUNDS INC	2,372,599	0	For
Lincoln Financial	1,680,329	0	For
WisdomTree	1,422,850	0	For
First Trust	1,245,973	0	For
AIG/SunAmerica	0	1,063,117	Abstain

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

11. Approve Reduction in Share Capital via Cancellation of Treasury Shares

CAPITAL STRUCTURE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Reduction in Share Capital via Cancellation of Treasury Shares” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

12. Approve Scrip Dividends

CAPITAL STRUCTURE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Approve Scrip Dividends” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

13. Authorize Board to Ratify and Execute Approved Resolutions

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Authorize Board to Ratify and Execute Approved Resolutions” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

14. Authorize Issuance of Non-Convertible Bonds/Debentures and/or Other Debt Securities up to EUR 40 Billion and Issuance of Notes up to EUR 8 Billion

CAPITAL STRUCTUREOTHER

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Authorize Issuance of Non-Convertible Bonds/Debentures and/or Other Debt Securities up to EUR 40 Billion and I” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

15. Fix Number of Directors at 14

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Fix Number of Directors at 14” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

16. Include Preamble in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Preamble in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

17. Include Title I in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Title I in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

18. Include Title II in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Title II in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

19. Include Title III in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Title III in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

20. Include Title XI in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Title XI in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

21. Include Title XII in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Title XII in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

22. Include Titles IV and V in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Titles IV and V in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

23. Include Titles VI, VII, VIII, IX and X in the General Meeting Regulations

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Include Titles VI, VII, VIII, IX and X in the General Meeting Regulations” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

24. Ratify Appointment of and Elect Ana Colonques Garcia-Planas as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-30; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (487,548,908 for, 0 against).

FOR: 487,548,908 (100.0%)

Largest asset managers voting on “Ratify Appointment of and Elect Ana Colonques Garcia-Planas as Director” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

25. Reelect Angel Jesus Acebes Paniagua as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-30; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 83 asset managers below cast 99.9% of the shares they voted on this item FOR (487,548,900 for, 8 against).

FOR: 487,548,900 (100.0%)AGAINST: 8 (0.0%)

Largest asset managers voting on “Reelect Angel Jesus Acebes Paniagua as Director” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

26. Reelect Juan Manuel Gonzalez Serna as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-30; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 83 asset managers below cast 99.9% of the shares they voted on this item FOR (487,548,900 for, 8 against).

FOR: 487,548,900 (100.0%)AGAINST: 8 (0.0%)

Largest asset managers voting on “Reelect Juan Manuel Gonzalez Serna as Director” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
Vanguard	175,692,611	For
Fidelity	67,996,597	For
Goldman Sachs	62,219,723	For
Capital Group	53,571,082	For
TIAA	27,494,578	For
State Street	17,452,241	For
MFS	9,112,179	For
DWS	6,805,204	For
Northern Trust	5,952,149	For
Thornburg	4,592,894	For
Dimensional	3,645,301	For
American Century	3,550,558	For
DNP SELECT INCOME FUND INC	3,539,400	For
INTERNATIONAL GROWTH & INCOME FUND	3,479,950	For
Columbia Threadneedle	3,249,914	For
Advisors' Inner Circle Fund III	2,829,154	For
Equitable	2,819,867	For
EUPAC FUND	2,795,936	For
Putnam	2,648,100	For
Calvert	2,508,825	For
OLD WESTBURY FUNDS INC	2,372,599	For
Lincoln Financial	1,680,329	For
WisdomTree	1,422,850	For
First Trust	1,245,973	For
AIG/SunAmerica	1,063,117	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

27. ANNUAL FINANCIAL STATEMENTS 2024

OTHER

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,866,167 for, 0 against).

FOR: 27,866,167 (100.0%)

Largest asset managers voting on “ANNUAL FINANCIAL STATEMENTS 2024” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
TIMOTHY PLAN	71,947	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

28. AMENDMENT OF THE BY-LAWS: CORPORATE ORGANISATION AND GOVERNANCE: AMENDMENT OF ARTICLES 7, 9 AND 33

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE BY-LAWS: CORPORATE ORGANISATION AND GOVERNANCE: AMENDMENT OF ARTICLES 7, 9 AND 33” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

29. AMENDMENT OF THE BY-LAWS: TECHNICAL IMPROVEMENTS AND UPDATE: AMENDMENT OF PREAMBLE AND ARTICLES 5, 6, 20, 25, 27, 34 AND 63

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE BY-LAWS: TECHNICAL IMPROVEMENTS AND UPDATE: AMENDMENT OF PREAMBLE AND ARTICLES 5, 6, 20, 25, ” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

30. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: CALL TO MEETING, PARTICIPATION, ATTENDANCE AND PROXY REPRESENTATION: INCLUSION OF A TITLE IV WITH ARTICLES 22 AND 23 AND A TITLE V WITH ARTICLES 24 TO 28

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: CALL TO MEETING, PARTICIPATION, ATTENDANCE ” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

31. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: CLASSES, VOTING TYPES AND POWERS OF THE SHAREHOLDERS ACTING AT A GENERAL MEETING: INCLUSION OF A TITLE III WITH ARTICLES 19 TO 21

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: CLASSES, VOTING TYPES AND POWERS OF THE SHA” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

32. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: FORMS OF HOLDING THE MEETING AND SPECIAL RULES THEREOF: INCLUSION OF A TITLE XI WITH ARTICLES 49 TO 61

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: FORMS OF HOLDING THE MEETING AND SPECIAL RU” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

33. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: INCLUSION OF A PREAMBLE

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: INCLUSION OF A PREAMBLE” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

34. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: INFORMATION PROVIDED TO SHAREHOLDERS: INCLUSION IN TITLE II OF A CHAPTER I WITH ARTICLES 7 TO 9, A CHAPTER II WITH ARTICLES 10 TO 16 AND A CHAPTER III WITH ARTICLES 17 AND 18

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: INFORMATION PROVIDED TO SHAREHOLDERS: INCLU” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

35. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: ORGANISATION, IMPLEMENTATION, AND ADOPTION OF RESOLUTIONS: INCLUSION OF A TITLE VI WITH ARTICLES 29 TO 34, A TITLE VII WITH ARTICLES 35 TO 41, A TITLE VIII WITH ARTICLES 42 TO 44, A TITLE IX WITH ARTICLES 45 AND 46 AND A TITLE X WITH ARTICLES 47 AND 48

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: ORGANISATION, IMPLEMENTATION, AND ADOPTION ” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

36. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: SCOPE OF APPLICATION AND OTHER GENERAL PROVISIONS OF THE REGULATION INCLUSION OF A TITLE XII WITH ARTICLES 62 TO 65

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: SCOPE OF APPLICATION AND OTHER GENERAL PROV” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

37. AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: SHAREHOLDER ENGAGEMENT: INCLUSION OF A TITLE I WITH ARTICLES 1 TO 6

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,826,967 for, 0 against).

FOR: 27,826,967 (100.0%)

Largest asset managers voting on “AMENDMENT OF THE REGULATIONS FOR THE GENERAL SHAREHOLDERS MEETING: SHAREHOLDER ENGAGEMENT: INCLUSION OF A TITL” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
TIMOTHY PLAN	32,747	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

38. CORPORATE MANAGEMENT AND ACTIVITIES OF THE BOARD OF DIRECTORS IN 2024

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,866,167 for, 0 against).

FOR: 27,866,167 (100.0%)

Largest asset managers voting on “CORPORATE MANAGEMENT AND ACTIVITIES OF THE BOARD OF DIRECTORS IN 2024” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
TIMOTHY PLAN	71,947	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

39. DELEGATION OF POWERS TO FORMALISE AND TO CONVERT THE RESOLUTIONS ADOPTED INTO A PUBLIC INSTRUMENT

CORPORATE GOVERNANCE

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,866,167 for, 0 against).

FOR: 27,866,167 (100.0%)

Largest asset managers voting on “DELEGATION OF POWERS TO FORMALISE AND TO CONVERT THE RESOLUTIONS ADOPTED INTO A PUBLIC INSTRUMENT” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
TIMOTHY PLAN	71,947	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

40. DIRECTORS REPORTS 2024

OTHER

Meeting held 2025-05-30; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 34 asset managers below cast 100% of the shares they voted on this item FOR (27,866,167 for, 0 against).

FOR: 27,866,167 (100.0%)

Largest asset managers voting on “DIRECTORS REPORTS 2024” at IBERDROLA SA, 2024-2025
Asset manager	For	Vote
JPMorgan	8,167,973	For
Six Circles Trust	8,087,671	For
John Hancock	2,894,644	For
Natixis	1,842,006	For
Jackson National	1,087,275	For
Bridge Builder Trust	931,049	For
NEW ALTERNATIVES FUND	900,000	For
CULLEN FUNDS TRUST	590,882	For
Gabelli	489,900	For
CARILLON SERIES TRUST	430,777	For
Allianz	427,535	For
First Trust	406,650	For
Guardian Variable Products Trust	295,414	For
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND	204,385	For
Brookfield Investment Funds	185,742	For
BlackRock	178,516	For
Investment Managers Series Trust	114,310	For
Northern Lights Fund Trust IV	112,217	For
Tema ETF Trust	109,170	For
SATURNA INVESTMENT TRUST	91,631	For
TRUST FOR PROFESSIONAL MANAGERS	73,146	For
TIMOTHY PLAN	71,947	For
Pacer Funds Trust	50,031	For
GPS Funds I	39,736	For
WILSHIRE MUTUAL FUNDS INC	27,140	For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 90 in total. View every item.

Largest IBERDROLA SA shareholders voting in 2024-2025

Ranked by the number of IBERDROLA SA shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top IBERDROLA SA shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	BlackRock	200,349,035
2	JPMorgan	8,170,457
3	Six Circles Trust	8,087,671
4	Korea Investment CORP	4,936,866
5	Natixis	3,265,856
6	1832 Asset Management L.P.	2,967,071
7	John Hancock	2,894,644
8	Siemens Fonds Invest GmbH	2,237,752
9	Northern Trust	1,825,457
10	BAILLIE GIFFORD & CO LTD	1,147,345

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

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. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At IBERDROLA SA's shareholder meeting held 2025-05-30, in the 2024-2025 proxy season, 291 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,787 separate fund positions. Their filings are grouped here into 90 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 — Consultative vote on the "Annual Director and Officer Remuneration Report 2024". — the reporting funds cast 99.7% 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.

IBERDROLA SA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.