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At MERCER INTERNATIONAL INC.'s shareholder meeting held May 30, 2025, in the 2024-2025 proxy season, 90 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 903 separate fund positions. On the most widely held item on that ballot — Approval of the Advisory (Non-Binding) Resolution to approve Executive Compensation. — MERCER INTERNATIONAL INC.'s filing reports the proposal as approved, with 99.7% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: MERCER INTERNATIONAL INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 30, 2025.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and MERCER INTERNATIONAL INC.’s Form 8-K, filed May 30, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of May 30, 2025: 13 items on MERCER INTERNATIONAL INC.’s Form 8-K, filed May 30, 2025: 10 elected · 3 approved.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore MERCER INTERNATIONAL INC. in the interactive database Compare manager voting policies
These tallies are MERCER INTERNATIONAL INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 30, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Juan Carlos Bueno | 50,631,843 | 53,127 | 81,667 | -- | 9,777,617 | 99.8% | Elected | — |
| Elect Director: William D. McCartney | 50,456,891 | 228,036 | 81,710 | -- | 9,777,617 | 99.5% | Elected | — |
| Elect Director: James Shepherd | 50,457,454 | 227,215 | 81,968 | -- | 9,777,617 | 99.5% | Elected | — |
| Elect Director: Alan C. Wallace | 50,633,944 | 50,725 | 81,968 | -- | 9,777,617 | 99.8% | Elected | — |
| Elect Director: Linda J. Welty | 50,532,982 | 151,976 | 81,679 | -- | 9,777,617 | 99.7% | Elected | — |
| Elect Director: Rainer Rettig | 50,530,172 | 154,497 | 81,968 | -- | 9,777,617 | 99.6% | Elected | — |
| Elect Director: Alice Laberge | 50,637,143 | 47,816 | 81,678 | -- | 9,777,617 | 99.9% | Elected | — |
| Elect Director: Janine North | 50,529,725 | 155,233 | 81,679 | -- | 9,777,617 | 99.6% | Elected | — |
| Elect Director: Thomas Kevin Corrick | 50,635,254 | 49,415 | 81,968 | -- | 9,777,617 | 99.9% | Elected | — |
| Elect Director: Markwart von Pentz | 50,636,377 | 48,292 | 81,968 | -- | 9,777,617 | 99.9% | Elected | — |
| 2. Advisory Vote on Executive Compensation | 50,455,258 | 118,623 | 192,756 | -- | 9,777,617 | 99.7% | Approved | — |
| 3. Ratification of Selection of Independent Registered Public Accounting Firm | 60,226,408 | 206,197 | 111,649 | -- | 0 | 99.6% | Approved | — |
| 4. Approval of an amendment to the Company's Amended and Restated 2022 Stock Incentive Plan | 49,392,165 | 1,279,309 | 95,163 | -- | 9,777,617 | 97% | Approved | — |
Source: MERCER INTERNATIONAL INC., Form 8-K, filed with the SEC on May 30, 2025 — read the filing on EDGAR.
Each item below shows how the 90 asset managers that disclosed a MERCER INTERNATIONAL INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 2 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Alan C. Wallace
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Alan C. Wallace”): 50,633,944 for, 50,725 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,245,126 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Alice Laberge
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Alice Laberge”): 50,637,143 for, 47,816 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,245,126 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: James Shepherd
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: James Shepherd”): 50,457,454 for, 227,215 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,141,424 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.6% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Janine North
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Janine North”): 50,529,725 for, 155,233 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,141,424 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Juan Carlos Bueno
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Juan Carlos Bueno”): 50,631,843 for, 53,127 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,245,126 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Markwart Von Pentz
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Markwart von Pentz”): 50,636,377 for, 48,292 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,245,126 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.6% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Rainer Rettig
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Rainer Rettig”): 50,530,172 for, 154,497 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,141,424 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas Kevin Corrick
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Thomas Kevin Corrick”): 50,635,254 for, 49,415 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,245,126 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: William D. McCartney
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: William D. McCartney”): 50,456,891 for, 228,036 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 27 asset managers below reported 6,141,424 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Linda J. Welty
MERCER INTERNATIONAL INC.’s own tally for this item (“Elect Director: Linda J. Welty”): 50,532,982 for, 151,976 against, per its Form 8-K filed May 30, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “All of the ten nominees for the Company's board of directors were elected, and the voting results are set forth below:”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 26 asset managers below reported 5,731,529 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
| WILSHIRE MUTUAL FUNDS INC | 1,470 | 0 | 0 | 0 | For |
Showing the 25 largest of 26 asset managers. All 26 are in the interactive database (link above).
Combines 3 wordings of this item as funds reported it.
97% Approved · of votes cast
Description as filed by funds: Approval Of An Amendment To The Mercer International Inc. Amended And Restated 2022 Stock Incentive Plan.
MERCER INTERNATIONAL INC.’s own tally for this item (“4. Approval of an amendment to the Company's Amended and Restated 2022 Stock Incentive Plan”): 49,392,165 for, 1,279,309 against — passed, per its Form 8-K filed May 30, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “An amendment to the Company's Amended and Restated 2022 Stock Incentive Plan was approved, and the voting results are set forth below:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 5,227,277 for, 1,075,053 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 0 | 783,504 | 0 | 0 | Against |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 0 | 264,447 | 0 | 0 | Against |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 103,702 | 0 | 0 | 0 | For |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| ALGERT GLOBAL LLC | 31,080 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | 26,124 | 0 | 0 | 0 | For |
| Pacific Life | 0 | 25,232 | 0 | 0 | Against |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. All 29 are in the interactive database (link above).
Combines 6 wordings of this item as funds reported it.
99.7% Approved · of votes cast
Description as filed by funds: Approval of the Advisory (Non-Binding) Resolution to approve Executive Compensation.
MERCER INTERNATIONAL INC.’s own tally for this item (“2. Advisory Vote on Executive Compensation”): 50,455,258 for, 118,623 against — passed, per its Form 8-K filed May 30, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The non-binding resolution approving the Company's executive compensation was approved, and the voting results are set forth below:”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 0 | 103,702 | 0 | Abstain |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Empower | 26,800 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
Fund voting reports, all 27 managers: 6,141,424 for, 103,702 abstained. Showing the 25 largest; every one is in the interactive database (link above).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Boundary Creek Advisors LP | 3,978,506 | 0 | 0 | 0 | For |
| Atlas FRM LLC | 3,150,000 | 0 | 0 | 0 | For |
| Gates Capital Management, Inc. | 2,115,527 | 0 | 0 | 0 | For |
| REDWOOD CAPITAL MANAGEMENT, LLC | 1,712,725 | 0 | 0 | 0 | For |
| READYSTATE ASSET MANAGEMENT LP | 1,256,740 | 0 | 0 | 0 | For |
| Solas Capital Management, LLC | 1,025,157 | 0 | 0 | 0 | For |
| American Century | 810,606 | 0 | 0 | 0 | For |
| BlackRock | 579,907 | 0 | 0 | 0 | For |
| Citadel | 567,896 | 0 | 0 | 0 | For |
| PICTET ASSET MANAGEMENT SA | 564,404 | 0 | 0 | 0 | For |
| DE Shaw | 561,609 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 533,827 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 427,630 | 0 | 0 | 0 | For |
| Charles Schwab | 418,493 | 0 | 0 | 0 | For |
| Dimensional | 416,978 | 0 | 0 | 0 | For |
| Two Sigma | 356,590 | 0 | 0 | 0 | For |
| Point72 | 264,916 | 0 | 0 | 0 | For |
| WHITEBOX ADVISORS LLC | 215,757 | 0 | 0 | 0 | For |
| State Street | 185,313 | 0 | 0 | 0 | For |
| Cerity Partners LLC | 150,080 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 124,020 | 0 | 0 | 0 | For |
| Northern Trust | 115,566 | 0 | 0 | 0 | For |
| Renaissance | 91,325 | 0 | 0 | 0 | For |
| Keeley-Teton Advisors, LLC | 69,438 | 0 | 0 | 0 | For |
Institutional-manager reports, all 73 managers: 20,369,545 for. Showing the 25 largest; every one is in the interactive database (link above).
99.6% Approved · of votes cast
Description as filed by funds: Ratification of the selection of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm for Fiscal Year 2025.
MERCER INTERNATIONAL INC.’s own tally for this item (“3. Ratification of Selection of Independent Registered Public Accounting Firm”): 60,226,408 for, 206,197 against — passed, per its Form 8-K filed May 30, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal 2025 was ratified, and the voting results are set forth below:”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 26 asset managers below reported 6,114,624 for, 103,702 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,945,305 | 0 | 0 | 0 | For |
| Vanguard | 831,927 | 0 | 0 | 0 | For |
| American Century | 783,504 | 0 | 0 | 0 | For |
| Keeley Funds, Inc. | 529,858 | 0 | 0 | 0 | For |
| Fidelity | 482,189 | 0 | 0 | 0 | For |
| Charles Schwab | 409,895 | 0 | 0 | 0 | For |
| AEGIS FUNDS | 264,447 | 0 | 0 | 0 | For |
| BlackRock | 232,108 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 142,600 | 0 | 0 | 0 | For |
| Invesco | 137,229 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 103,702 | 0 | 0 | Against |
| Principal | 79,951 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 66,200 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,300 | 0 | 0 | 0 | For |
| TIFF INVESTMENT PROGRAM | 47,884 | 0 | 0 | 0 | For |
| Pacific Life | 25,232 | 0 | 0 | 0 | For |
| Jackson National | 21,361 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 15,714 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,051 | 0 | 0 | 0 | For |
| John Hancock | 8,565 | 0 | 0 | 0 | For |
| Victory Capital | 4,607 | 0 | 0 | 0 | For |
| Allianz | 3,875 | 0 | 0 | 0 | For |
| Blackstone Alternative Investment Funds | 3,000 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 1,870 | 0 | 0 | 0 | For |
| WILSHIRE MUTUAL FUNDS INC | 1,470 | 0 | 0 | 0 | For |
Showing the 25 largest of 26 asset managers. All 26 are in the interactive database (link above).
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 66,870,774 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 2.91% |
| 2 | Vanguard | 1.24% |
| 3 | American Century | 1.17% |
| 4 | Keeley Funds, Inc. | 0.79% |
| 5 | Fidelity | 0.72% |
| 6 | Charles Schwab | 0.61% |
| 7 | AEGIS FUNDS | 0.40% |
| 8 | BlackRock | 0.35% |
| 9 | HOTCHKIS & WILEY FUNDS /DE/ | 0.21% |
| 10 | Invesco | 0.21% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Boundary Creek Advisors LP | 5.95% |
| 2 | Atlas FRM LLC | 4.71% |
| 3 | Gates Capital Management, Inc. | 3.16% |
| 4 | REDWOOD CAPITAL MANAGEMENT, LLC | 2.56% |
| 5 | READYSTATE ASSET MANAGEMENT LP | 1.88% |
| 6 | Solas Capital Management, LLC | 1.53% |
| 7 | American Century | 1.21% |
| 8 | BlackRock | 0.87% |
| 9 | Citadel | 0.85% |
| 10 | PICTET ASSET MANAGEMENT SA | 0.84% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Peter R. Kellogg | 36.59% | 13D |
| REDWOOD CAPITAL MANAGEMENT LLC | 6.95% | 13G |
| Barclays PLC | 5.76% | 13G |
| Dimensional Fund Advisors | 4.81% | 13F |
| Millennium Management | 2.44% | 13F |
| BlackRock | 1.34% | 13F |
| Vanguard Group | 1.23% | 13F |
| Citadel Advisors | 1.07% | 13F |
| D.E. Shaw | 0.85% | 13F |
| Geode Capital | 0.80% | 13F |
Percentages above are of 66,870,774 shares outstanding, as reported by MERCER INTERNATIONAL INC. on its Form 10-Q dated April 29, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MERCER INTERNATIONAL INC.’s 10-Q dated April 29, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
MERCER INTERNATIONAL INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
proxyvotesnow.com, “MERCER INTERNATIONAL (MERC) 2025 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/mercer-international-inc/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.