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Merus N.V. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Merus N.V.’s Form 8-K, filed 2025-12-09 (Item 5.07 on EDGAR). Page generated 04 October 2026.

19Reported items
211Asset managers
1,269Fund votes
2025-12-09Meeting date

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

Explore Merus N.V. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Merus N.V.

These tallies are Merus N.V.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-12-09 (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.

Merus N.V. — official shareholder meeting results, meeting held 2025-12-09
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Proposal 2: Conditional granting of full and final discharge to each member of the Company's board of directors for their acts of management or supervision, as applicable, up to and including the date of the EGM to the fullest extent permitted under applicable	53,532,377	17,025	215,527	--	--	Majority: yes

Source: Merus N.V., Form 8-K, filed with the SEC on 2025-12-09 — read the filing on EDGAR.

How asset managers voted at the Merus N.V. 2025-2026 meeting

Each item below shows how the 211 asset managers that disclosed a Merus N.V. 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 Merus N.V.’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. Non-binding advisory proposal to approve certain compensation arrangements

SECTION 14A SAY-ON-PAY VOTES

Combines 3 wordings of this item as funds reported it.

54.3% fund support · no official result

FOR 54.3%AGAINST 45.7%

The 204 asset managers below cast 54.3% of the shares they voted on this item FOR (26,059,469 for, 21,928,900 against).

FOR: 26,059,469 (54.3%)AGAINST: 21,928,900 (45.7%)ABSTAIN: 17,927 (0.0%)NOT VOTED: 3,058 (0.0%)

Largest asset managers voting on “Non-binding advisory proposal to approve certain compensation arrangements” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
Fidelity	0	4,491,652	Against
Paradigm Biocapital Advisors LP	4,188,961	0	For
DEERFIELD MANAGEMENT COMPANY, L.P.	3,046,916	0	For
BlackRock	2,018,577	792,285	For
Federated Hermes	0	2,441,264	Against
Goldman Sachs	1,894,645	38,663	For
GLAZER CAPITAL, LLC	0	1,446,030	Against
Avoro Capital Advisors LLC	1,358,209	0	For
BALYASNY ASSET MANAGEMENT L.P.	0	1,298,058	Against
PERCEPTIVE ADVISORS LLC	1,288,218	0	For
TIG Advisors, LLC	1,217,375	0	For
OAK RIDGE INVESTMENTS LLC	1,185,043	0	For
Pentwater Capital Management LP	1,185,043	0	For
WESTFIELD CAPITAL MANAGEMENT CO LP	0	1,046,622	Against
O'Connor Alternative Investments, LLC	0	1,030,942	Against
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP	1,000,207	0	For
Novo Holdings A/S	750,000	0	For
Commodore Capital LP	690,528	0	For
ADAGE CAPITAL PARTNERS GP, L.L.C.	675,000	0	For
Hudson Bay Capital Management LP	0	635,394	Against
Verition Fund Management LLC	0	633,158	Against
Columbia Threadneedle	0	548,508	Against
Citadel	526,711	0	For
Kite Lake Capital Management (UK) LLP	508,278	0	For
Magnetar Financial LLC	0	507,795	Against

Showing the 25 largest of 204 asset managers. See all 204 in the interactive database.

2. EFFECTIVE UPON THE ACCEPTANCE FOR PAYMENT BY PURCHASER FOR ALL COMMON SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN PURSUANT TO THE OFFER PRIOR TO THE EXPIRATION TIME, TO PROVIDE FULL AND FINAL DISCHARGE TO EACH MEMBER OF THE MERUS BOARD FOR THEIR ACTS OF MANAGEMENT OR SUPERVISION, AS APPLICABLE, UP TO AND INCLUDING THE DATE OF THE EGM TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAW

OTHERMajority of the votes cast: yes

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 53,532,377AGAINST: 17,025

Merus N.V.’s own tally for this item (“Proposal 2: Conditional granting of full and final discharge to each member of the Company's board of directors for their acts of management or supervision, as applicable, up to and including the date of the EGM to the f”): 53,532,377 for, 17,025 against, per its Form 8-K filed 2025-12-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 75,844,579 outstanding shares: 71% for, 0.1% against (71% of the company cast a for/against vote).

The 52 asset managers below cast 100% of the shares they voted on this item FOR (7,214,643 for, 0 against).

FOR 100%

FOR: 7,214,643 (100.0%)

Largest asset managers voting on “EFFECTIVE UPON THE ACCEPTANCE FOR PAYMENT BY PURCHASER FOR ALL COMMON SHARES VALIDLY TENDERED AND NOT PROPERLY” at Merus N.V., 2025-2026
Asset manager	For	Vote
BlackRock	1,941,941	For
Federated Hermes	1,220,632	For
Fidelity	886,319	For
Columbia Threadneedle	548,508	For
MERGER FUND	331,800	For
HARBOR FUNDS	319,384	For
NEXPOINT FUNDS I	304,730	For
Investment Managers Series Trust II	292,989	For
Vanguard	253,818	For
ARBITRAGE FUNDS	160,600	For
Voya	116,760	For
First Trust	91,331	For
State Street	90,567	For
New York Life	82,369	For
Invesco	60,142	For
Hartford	45,714	For
Victory Capital	44,938	For
Mercer Funds	35,670	For
Prudential/PGIM	34,200	For
ALTSHARES TRUST	30,142	For
Goldman Sachs	29,601	For
ALPS ETF Trust	28,513	For
DRIEHAUS MUTUAL FUNDS	20,868	For
Morgan Stanley	20,658	For
Tema ETF Trust	19,730	For

Showing the 25 largest of 52 asset managers. See all 52 in the interactive database.

3. Appointment of Anthony Pagano as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

77% fund support · no official result

FOR 76%AGAINST 23%

The 42 asset managers below cast 77% of the shares they voted on this item FOR (4,434,338 for, 1,330,804 against).

FOR: 4,434,338 (76.0%)AGAINST: 1,330,804 (22.8%)ABSTAIN: 69,013 (1.2%)

Largest asset managers voting on “Appointment of Anthony Pagano as non-executive director of Merus Opportunity for Merus Shareholders to make re” at Merus N.V., 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	1,941,941	0	0	For
Fidelity	89,069	797,250	0	Against
Columbia Threadneedle	548,508	0	0	For
MERGER FUND	331,800	0	0	For
HARBOR FUNDS	319,384	0	0	For
NEXPOINT FUNDS I	0	304,730	0	Against
Investment Managers Series Trust II	292,989	0	0	For
Vanguard	220,637	0	0	For
ARBITRAGE FUNDS	0	160,600	0	Against
Voya	116,760	0	0	For
First Trust	91,331	0	0	For
State Street	90,567	0	0	For
New York Life	82,369	0	0	For
Invesco	0	0	60,142	Abstain
Victory Capital	44,938	0	0	For
Prudential/PGIM	34,200	0	0	For
ALTSHARES TRUST	0	30,142	0	Against
Goldman Sachs	29,601	0	0	For
ALPS ETF Trust	28,513	0	0	For
DRIEHAUS MUTUAL FUNDS	20,868	0	0	For
Morgan Stanley	20,658	0	0	For
Tema ETF Trust	19,730	0	0	For
Bridge Builder Trust	19,450	0	0	For
Jackson National	19,309	0	0	For
GDL FUND	0	15,000	0	Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

4. Appointment of Greg Mueller as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

77% fund support · no official result

FOR 76%AGAINST 23%

The 42 asset managers below cast 77% of the shares they voted on this item FOR (4,434,338 for, 1,330,804 against).

FOR: 4,434,338 (76.0%)AGAINST: 1,330,804 (22.8%)ABSTAIN: 69,013 (1.2%)

Largest asset managers voting on “Appointment of Greg Mueller as non-executive director of Merus Opportunity for Merus Shareholders to make reco” at Merus N.V., 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	1,941,941	0	0	For
Fidelity	89,069	797,250	0	Against
Columbia Threadneedle	548,508	0	0	For
MERGER FUND	331,800	0	0	For
HARBOR FUNDS	319,384	0	0	For
NEXPOINT FUNDS I	0	304,730	0	Against
Investment Managers Series Trust II	292,989	0	0	For
Vanguard	220,637	0	0	For
ARBITRAGE FUNDS	0	160,600	0	Against
Voya	116,760	0	0	For
First Trust	91,331	0	0	For
State Street	90,567	0	0	For
New York Life	82,369	0	0	For
Invesco	0	0	60,142	Abstain
Victory Capital	44,938	0	0	For
Prudential/PGIM	34,200	0	0	For
ALTSHARES TRUST	0	30,142	0	Against
Goldman Sachs	29,601	0	0	For
ALPS ETF Trust	28,513	0	0	For
DRIEHAUS MUTUAL FUNDS	20,868	0	0	For
Morgan Stanley	20,658	0	0	For
Tema ETF Trust	19,730	0	0	For
Bridge Builder Trust	19,450	0	0	For
Jackson National	19,309	0	0	For
GDL FUND	0	15,000	0	Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

5. Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

77% fund support · no official result

FOR 76%AGAINST 23%

The 42 asset managers below cast 77% of the shares they voted on this item FOR (4,434,338 for, 1,330,804 against).

FOR: 4,434,338 (76.0%)AGAINST: 1,330,804 (22.8%)ABSTAIN: 69,013 (1.2%)

Largest asset managers voting on “Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Opportunity for Merus Shareholders ” at Merus N.V., 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	1,941,941	0	0	For
Fidelity	89,069	797,250	0	Against
Columbia Threadneedle	548,508	0	0	For
MERGER FUND	331,800	0	0	For
HARBOR FUNDS	319,384	0	0	For
NEXPOINT FUNDS I	0	304,730	0	Against
Investment Managers Series Trust II	292,989	0	0	For
Vanguard	220,637	0	0	For
ARBITRAGE FUNDS	0	160,600	0	Against
Voya	116,760	0	0	For
First Trust	91,331	0	0	For
State Street	90,567	0	0	For
New York Life	82,369	0	0	For
Invesco	0	0	60,142	Abstain
Victory Capital	44,938	0	0	For
Prudential/PGIM	34,200	0	0	For
ALTSHARES TRUST	0	30,142	0	Against
Goldman Sachs	29,601	0	0	For
ALPS ETF Trust	28,513	0	0	For
DRIEHAUS MUTUAL FUNDS	20,868	0	0	For
Morgan Stanley	20,658	0	0	For
Tema ETF Trust	19,730	0	0	For
Bridge Builder Trust	19,450	0	0	For
Jackson National	19,309	0	0	For
GDL FUND	0	15,000	0	Against

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

6. Back-End Transactions (1) To enter into a statutory merger under Dutch law pursuant to which Merus, as disappearing company, will merge with and into New Topco, as surviving company; and (2) to approve, within the meaning of Section 2:107a of the Dutch Civil Code and to the extent required by applicable law, such statutory merger and the subsequent cancellation of all class A shares in the capital

EXTRAORDINARY TRANSACTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 42 asset managers below cast 100% of the shares they voted on this item FOR (5,834,155 for, 0 against).

FOR: 5,834,155 (100.0%)

Largest asset managers voting on “Back-End Transactions (1) To enter into a statutory merger under Dutch law pursuant to which Merus, as disappe” at Merus N.V., 2025-2026
Asset manager	For	Vote
BlackRock	1,941,941	For
Fidelity	886,319	For
Columbia Threadneedle	548,508	For
MERGER FUND	331,800	For
HARBOR FUNDS	319,384	For
NEXPOINT FUNDS I	304,730	For
Investment Managers Series Trust II	292,989	For
Vanguard	220,637	For
ARBITRAGE FUNDS	160,600	For
Voya	116,760	For
First Trust	91,331	For
State Street	90,567	For
New York Life	82,369	For
Invesco	60,142	For
Victory Capital	44,938	For
Prudential/PGIM	34,200	For
ALTSHARES TRUST	30,142	For
Goldman Sachs	29,601	For
ALPS ETF Trust	28,513	For
DRIEHAUS MUTUAL FUNDS	20,868	For
Morgan Stanley	20,658	For
Tema ETF Trust	19,730	For
Bridge Builder Trust	19,450	For
Jackson National	19,309	For
GDL FUND	15,000	For

Showing the 25 largest of 42 asset managers. See all 42 in the interactive database.

7. APPOINTMENT OF ANTHONY PAGANO AS NON-EXECUTIVE DIRECTOR OF MERUS

DIRECTOR ELECTIONS

61% fund support · no official result

FOR 61%AGAINST 39%

The 34 asset managers below cast 61% of the shares they voted on this item FOR (2,638,840 for, 1,687,304 against).

FOR: 2,638,840 (61.0%)AGAINST: 1,687,304 (39.0%)

Largest asset managers voting on “APPOINTMENT OF ANTHONY PAGANO AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
Federated Hermes	1,220,632	0	For
Fidelity	22,376	863,943	Against
Columbia Threadneedle	548,508	0	For
MERGER FUND	331,800	0	For
Investment Managers Series Trust II	292,989	0	For
Vanguard	33,180	220,637	Against
Voya	0	116,760	Against
First Trust	0	91,331	Against
State Street	0	90,567	Against
New York Life	0	82,369	Against
Invesco	60,142	0	For
Hartford	45,714	0	For
Victory Capital	0	44,938	Against
Mercer Funds	0	35,670	Against
Prudential/PGIM	34,200	0	For
Goldman Sachs	0	29,601	Against
ALPS ETF Trust	0	28,513	Against
DRIEHAUS MUTUAL FUNDS	0	20,868	Against
Morgan Stanley	0	20,658	Against
PIMCO	0	13,400	Against
Advisors' Inner Circle Fund III	13,043	0	For
GuideStone	0	12,800	Against
Nationwide	9,861	0	For
MassMutual	7,754	0	For
AIG/SunAmerica	0	7,634	Against

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

8. APPOINTMENT OF GREG MUELLER AS NON-EXECUTIVE DIRECTOR OF MERUS

DIRECTOR ELECTIONS

61% fund support · no official result

FOR 61%AGAINST 39%

The 34 asset managers below cast 61% of the shares they voted on this item FOR (2,638,840 for, 1,687,304 against).

FOR: 2,638,840 (61.0%)AGAINST: 1,687,304 (39.0%)

Largest asset managers voting on “APPOINTMENT OF GREG MUELLER AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
Federated Hermes	1,220,632	0	For
Fidelity	22,376	863,943	Against
Columbia Threadneedle	548,508	0	For
MERGER FUND	331,800	0	For
Investment Managers Series Trust II	292,989	0	For
Vanguard	33,180	220,637	Against
Voya	0	116,760	Against
First Trust	0	91,331	Against
State Street	0	90,567	Against
New York Life	0	82,369	Against
Invesco	60,142	0	For
Hartford	45,714	0	For
Victory Capital	0	44,938	Against
Mercer Funds	0	35,670	Against
Prudential/PGIM	34,200	0	For
Goldman Sachs	0	29,601	Against
ALPS ETF Trust	0	28,513	Against
DRIEHAUS MUTUAL FUNDS	0	20,868	Against
Morgan Stanley	0	20,658	Against
PIMCO	0	13,400	Against
Advisors' Inner Circle Fund III	13,043	0	For
GuideStone	0	12,800	Against
Nationwide	9,861	0	For
MassMutual	7,754	0	For
AIG/SunAmerica	0	7,634	Against

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

9. APPOINTMENT OF MARTINE VAN VUGT, PH.D., AS NON-EXECUTIVE DIRECTOR OF MERUS

DIRECTOR ELECTIONS

61% fund support · no official result

FOR 61%AGAINST 39%

The 34 asset managers below cast 61% of the shares they voted on this item FOR (2,638,840 for, 1,687,304 against).

FOR: 2,638,840 (61.0%)AGAINST: 1,687,304 (39.0%)

Largest asset managers voting on “APPOINTMENT OF MARTINE VAN VUGT, PH.D., AS NON-EXECUTIVE DIRECTOR OF MERUS” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
Federated Hermes	1,220,632	0	For
Fidelity	22,376	863,943	Against
Columbia Threadneedle	548,508	0	For
MERGER FUND	331,800	0	For
Investment Managers Series Trust II	292,989	0	For
Vanguard	33,180	220,637	Against
Voya	0	116,760	Against
First Trust	0	91,331	Against
State Street	0	90,567	Against
New York Life	0	82,369	Against
Invesco	60,142	0	For
Hartford	45,714	0	For
Victory Capital	0	44,938	Against
Mercer Funds	0	35,670	Against
Prudential/PGIM	34,200	0	For
Goldman Sachs	0	29,601	Against
ALPS ETF Trust	0	28,513	Against
DRIEHAUS MUTUAL FUNDS	0	20,868	Against
Morgan Stanley	0	20,658	Against
PIMCO	0	13,400	Against
Advisors' Inner Circle Fund III	13,043	0	For
GuideStone	0	12,800	Against
Nationwide	9,861	0	For
MassMutual	7,754	0	For
AIG/SunAmerica	0	7,634	Against

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

10. (1) to amend Merus' Articles of Association to increase Merus' authorized share capital in one or more tranches, and (2) to convert Merus N.V. into a private company with limited liability, promptly following the delisting of Merus' common shares from the Nasdaq Global Market and to amend Merus' Articles of Association accordingly

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 32 asset managers below cast 100% of the shares they voted on this item FOR (4,308,096 for, 0 against).

FOR: 4,308,096 (100.0%)

Largest asset managers voting on “(1) to amend Merus' Articles of Association to increase Merus' authorized share capital in one or more tranche” at Merus N.V., 2025-2026
Asset manager	For	Vote
Federated Hermes	1,220,632	For
Fidelity	886,319	For
Columbia Threadneedle	548,508	For
MERGER FUND	331,800	For
Investment Managers Series Trust II	292,989	For
Vanguard	253,812	For
Voya	116,760	For
First Trust	91,331	For
State Street	90,567	For
New York Life	82,369	For
Invesco	60,142	For
Hartford	45,714	For
Victory Capital	44,938	For
Mercer Funds	35,670	For
Prudential/PGIM	34,200	For
Goldman Sachs	29,601	For
ALPS ETF Trust	28,513	For
DRIEHAUS MUTUAL FUNDS	20,868	For
Morgan Stanley	20,658	For
PIMCO	13,400	For
GuideStone	12,800	For
Nationwide	9,861	For
MassMutual	7,754	For
AIG/SunAmerica	7,634	For
NYLIM VP FUNDS TRUST	5,968	For

Showing the 25 largest of 32 asset managers. See all 32 in the interactive database.

11. Appointment of Anthony Pagano as non-executive director of Merus - Appointment of Anthony Pagano as non-executive director of Merus Anthony Pagano

DIRECTOR ELECTIONS

88% fund support · no official result

FOR 88%12%

The 17 asset managers below cast 88% of the shares they voted on this item FOR (2,545,487 for, 342,660 against).

FOR: 2,545,487 (88.1%)AGAINST: 342,660 (11.9%)

Largest asset managers voting on “Appointment of Anthony Pagano as non-executive director of Merus - Appointment of Anthony Pagano as non-execut” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
BlackRock	1,941,941	0	For
HARBOR FUNDS	0	319,384	Against
NEXPOINT FUNDS I	304,730	0	For
ARBITRAGE FUNDS	160,600	0	For
ALTSHARES TRUST	30,142	0	For
Tema ETF Trust	19,730	0	For
Bridge Builder Trust	0	19,450	Against
Jackson National	19,309	0	For
GDL FUND	15,000	0	For
Harbor Funds II	13,182	0	For
John Hancock	11,080	0	For
AMG FUNDS	8,900	0	For
Morningstar Funds Trust	8,871	0	For
Gabelli	6,400	0	For
EA Series Trust	2,352	941	For
Comstock Funds, Inc.	3,250	0	For
Harbor ETF Trust	0	2,885	Against

12. Appointment of Greg Mueller as non-executive director of Merus - Appointment of Greg Mueller as non-executive director of Merus Greg Mueller

DIRECTOR ELECTIONS

88% fund support · no official result

FOR 88%12%

The 17 asset managers below cast 88% of the shares they voted on this item FOR (2,546,428 for, 341,719 against).

FOR: 2,546,428 (88.2%)AGAINST: 341,719 (11.8%)

Largest asset managers voting on “Appointment of Greg Mueller as non-executive director of Merus - Appointment of Greg Mueller as non-executive ” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
BlackRock	1,941,941	0	For
HARBOR FUNDS	0	319,384	Against
NEXPOINT FUNDS I	304,730	0	For
ARBITRAGE FUNDS	160,600	0	For
ALTSHARES TRUST	30,142	0	For
Tema ETF Trust	19,730	0	For
Bridge Builder Trust	0	19,450	Against
Jackson National	19,309	0	For
GDL FUND	15,000	0	For
Harbor Funds II	13,182	0	For
John Hancock	11,080	0	For
AMG FUNDS	8,900	0	For
Morningstar Funds Trust	8,871	0	For
Gabelli	6,400	0	For
EA Series Trust	3,293	0	For
Comstock Funds, Inc.	3,250	0	For
Harbor ETF Trust	0	2,885	Against

13. Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus - Appointment of Martine van Vugt, Ph.D., as non- executive director of Merus Martine van Vugt, Ph.D.

DIRECTOR ELECTIONS

88% fund support · no official result

FOR 88%12%

The 17 asset managers below cast 88% of the shares they voted on this item FOR (2,546,428 for, 341,719 against).

FOR: 2,546,428 (88.2%)AGAINST: 341,719 (11.8%)

Largest asset managers voting on “Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus - Appointment of Martine van Vugt, ” at Merus N.V., 2025-2026
Asset manager	For	Against	Vote
BlackRock	1,941,941	0	For
HARBOR FUNDS	0	319,384	Against
NEXPOINT FUNDS I	304,730	0	For
ARBITRAGE FUNDS	160,600	0	For
ALTSHARES TRUST	30,142	0	For
Tema ETF Trust	19,730	0	For
Bridge Builder Trust	0	19,450	Against
Jackson National	19,309	0	For
GDL FUND	15,000	0	For
Harbor Funds II	13,182	0	For
John Hancock	11,080	0	For
AMG FUNDS	8,900	0	For
Morningstar Funds Trust	8,871	0	For
Gabelli	6,400	0	For
EA Series Trust	3,293	0	For
Comstock Funds, Inc.	3,250	0	For
Harbor ETF Trust	0	2,885	Against

14. Back-End Transactions - (1) to amend Menus' Articles of Association to increase Merus' authorized share capital in one or more tranches, and (2) to convert Merus N.V. into a private company with limited liability, promptly following the delisting of Merus' common shares from the Nasdaq Global Market and to amend Menus' Articles of Association accordingly

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (2,888,147 for, 0 against).

FOR: 2,888,147 (100.0%)

Largest asset managers voting on “Back-End Transactions - (1) to amend Menus' Articles of Association to increase Merus' authorized share capita” at Merus N.V., 2025-2026
Asset manager	For	Vote
BlackRock	1,941,941	For
HARBOR FUNDS	319,384	For
NEXPOINT FUNDS I	304,730	For
ARBITRAGE FUNDS	160,600	For
ALTSHARES TRUST	30,142	For
Tema ETF Trust	19,730	For
Bridge Builder Trust	19,450	For
Jackson National	19,309	For
GDL FUND	15,000	For
Harbor Funds II	13,182	For
John Hancock	11,080	For
AMG FUNDS	8,900	For
Morningstar Funds Trust	8,871	For
Gabelli	6,400	For
EA Series Trust	3,293	For
Comstock Funds, Inc.	3,250	For
Harbor ETF Trust	2,885	For

15. OPPORTUNITY FOR MERUS SHAREHOLDERS TO MAKE RECOMMENDATIONS AT THE EGM TO MERUS' NON-EXECUTIVE DIRECTORS IN RESPECT OF THEIR NOMINATION TO APPOINT A NON-EXECUTIVE DIRECTOR

OTHER

31% fund support · no official result

8%ABSTAIN 88%

The 11 asset managers below cast 31% of the shares they voted on this item FOR (48,718 for, 110,756 against).

FOR: 48,718 (3.5%)AGAINST: 110,756 (8.0%)ABSTAIN: 1,220,662 (88.4%)

Largest asset managers voting on “OPPORTUNITY FOR MERUS SHAREHOLDERS TO MAKE RECOMMENDATIONS AT THE EGM TO MERUS' NON-EXECUTIVE DIRECTORS IN RES” at Merus N.V., 2025-2026
Asset manager	For	Against	Abstain	Vote
Federated Hermes	0	0	1,220,632	Abstain
Hartford	0	45,714	0	Against
Mercer Funds	35,670	0	0	For
Vanguard	5	33,145	30	Against
Advisors' Inner Circle Fund III	13,043	0	0	For
Nationwide	0	9,861	0	Against
MassMutual	0	7,754	0	Against
NYLIM VP FUNDS TRUST	0	5,968	0	Against
Equitable	0	5,000	0	Against
MML SERIES INVESTMENT FUND	0	3,137	0	Against
Principal	0	177	0	Against

16. To enter into a statutory merger under Dutch law pursuant to which Merus, as disappearing company, will merge with and into New Topco, as surviving company and (2) to approve, within the meaning of Section 2:107a of the Dutch Civil Code and to the extent required by applicable law, such statutory merger and the subsequent cancellation of all class A shares in the capital of Merus upon repayment an

EXTRAORDINARY TRANSACTIONS

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (1,362,088 for, 0 against).

FOR: 1,362,088 (100.0%)

Largest asset managers voting on “To enter into a statutory merger under Dutch law pursuant to which Merus, as disappearing company, will merge ” at Merus N.V., 2025-2026
Asset manager	For	Vote
Federated Hermes	1,220,632	For
Hartford	45,714	For
Mercer Funds	35,670	For
Vanguard	33,175	For
Nationwide	9,861	For
MassMutual	7,754	For
NYLIM VP FUNDS TRUST	5,968	For
MML SERIES INVESTMENT FUND	3,137	For
Principal	177	For

17. Advisory Vote on Golden Parachutes

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

12% fund support · no official result

11%AGAINST 87%

The 4 asset managers below cast 12% of the shares they voted on this item FOR (336,081 for, 2,564,631 against).

FOR: 336,081 (11.4%)AGAINST: 2,564,631 (87.0%)ABSTAIN: 48,054 (1.6%)

Largest asset managers voting on “Advisory Vote on Golden Parachutes” at Merus N.V., 2025-2026
Asset manager	For	Against	Abstain	Vote
HBK INVESTMENTS L P	0	2,564,631	0	Against
Taconic Capital Advisors LP	317,842	0	0	For
Eversept Partners, LP	0	0	48,054	Abstain
Birnam Oak Advisors, LP	18,239	0	0	For

18. BACK-END TRANSACTIONS: (1) TO AMEND MERUS' ARTICLES OF ASSOCIATION TO INCREASE MERUS' AUTHORIZED SHARE CAPITAL IN ONE OR MORE TRANCHES, AND (2) TO CONVERT MERUS N.V. INTO A PRIVATE COMPANY WITH LIMITED LIABILITY, PROMPTLY FOLLOWING THE DELISTING OF MERUS' COMMON SHARES FROM THE NASDAQ GLOBAL MARKET AND TO AMEND MERUS' ARTICLES OF ASSOCIATION ACCORDINGLY

OTHER

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (18,399 for, 0 against).

FOR: 18,399 (100.0%)

Largest asset managers voting on “BACK-END TRANSACTIONS: (1) TO AMEND MERUS' ARTICLES OF ASSOCIATION TO INCREASE MERUS' AUTHORIZED SHARE CAPITAL” at Merus N.V., 2025-2026
Asset manager	For	Vote
Advisors' Inner Circle Fund III	13,043	For
Equitable	5,000	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	351	For
Vanguard	5	For

19. PROVIDED A DUTCH TAX RULING IS OBTAINED BY THE SUBSEQUENT CLOSING DATE, (1) TO ENTER INTO A STATUTORY MERGER UNDER DUTCH LAW PURSUANT TO WHICH MERUS, AS DISAPPEARING COMPANY, WILL MERGE WITH AND INTO NEW TOPCO, AS SURVIVING COMPANY; AND (2) TO APPROVE, WITHIN SECTION 2:107A OF THE DUTCH CIVIL CODE AND AS REQUIRED BY LAW, SUCH STATUTORY MERGER AND THE SUBSEQUENT CANCELLATION OF ALL CLASS A SHARES I

EXTRAORDINARY TRANSACTIONS

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (18,399 for, 0 against).

FOR: 18,399 (100.0%)

Largest asset managers voting on “PROVIDED A DUTCH TAX RULING IS OBTAINED BY THE SUBSEQUENT CLOSING DATE, (1) TO ENTER INTO A STATUTORY MERGER U” at Merus N.V., 2025-2026
Asset manager	For	Vote
Advisors' Inner Circle Fund III	13,043	For
Equitable	5,000	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	351	For
Vanguard	5	For

Largest Merus N.V. shareholders voting in 2025-2026

Ranked by the number of Merus N.V. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 75,844,579 shares outstanding at the time of that meeting.

Top Merus N.V. shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Fidelity	5.92%
2	Paradigm Biocapital Advisors LP	5.52%
3	DEERFIELD MANAGEMENT COMPANY, L.P.	4.02%
4	BlackRock	3.71%
5	Federated Hermes	3.22%
6	Goldman Sachs	2.55%
7	GLAZER CAPITAL, LLC	1.91%
8	Avoro Capital Advisors LLC	1.79%
9	BALYASNY ASSET MANAGEMENT L.P.	1.71%
10	PERCEPTIVE ADVISORS LLC	1.70%

Reported Merus N.V. ownership

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

Merus N.V. beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
FMR LLC	8.98%	DEF14A
RTW Investments, LP	5.50%	DEF14A
Entities affiliated with Commodore Capital LP	4.94%	DEF14A
Paradigm BioCapital Advisors LP	4.69%	DEF14A
Entities affiliated with Wellington Management Group LLP	4.61%	DEF14A
Sven (Bill) Ante Lundberg, M.D.	1.94%	DEF14A
Peter B. Silverman, J.D.	0.44%	DEF14A
Greg D. Perry	0.40%	DEF14A
Mark Iwicki	0.19%	DEF14A
Len Kanavy	0.11%	DEF14A

Percentages above are of 75,844,579 shares outstanding, as reported by Merus N.V. on its Form 10-Q dated 2025-10-26 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Merus N.V.’s 10-Q dated 2025-10-26. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Merus N.V.'s shareholder meeting held 2025-12-09, in the 2025-2026 proxy season, 211 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,269 separate fund positions. Their filings are grouped here into 19 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Merus N.V.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Non-binding advisory proposal to approve certain compensation arrangements — the reporting funds cast 54.3% 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.

Merus N.V. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).