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NATIONAL BANK OF CANADA 2023-2024 Proxy Voting Records

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

32Reported items
130Asset managers
3,307Fund votes
2024-04-19Meeting date

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

Explore NATIONAL BANK OF CANADA in the interactive database Compare manager voting policies

How asset managers voted at the NATIONAL BANK OF CANADA 2023-2024 meeting

Each item below shows how the 130 asset managers that disclosed a NATIONAL BANK OF CANADA 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 NATIONAL BANK OF CANADA’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. Advisory resolution to accept the approach taken by the Bank's Board of Directors with respect to executive compensation. The text of the resolution is set out in Section 1 of the Management Proxy Circular.

SECTION 14A SAY-ON-PAY VOTES

Combines 6 wordings of this item as funds reported it.

99.0% fund support · no official result

FOR 99.0%

The 61 asset managers below cast 99.0% of the shares they voted on this item FOR (9,318,231 for, 91,777 against).

FOR: 9,318,231 (99.0%)AGAINST: 91,777 (1.0%)

Largest asset managers voting on “Advisory resolution to accept the approach taken by the Bank's Board of Directors with respect to executive co” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
JARISLOWSKY, FRASER Ltd	3,156,199	30,418	For
1832 Asset Management L.P.	2,811,855	0	For
SCOTIA CAPITAL INC.	1,304,598	0	For
JPMorgan	1,196,760	0	For
Cumberland Partners Ltd	239,304	0	For
Northern Trust	223,181	0	For
National Bank Financial Inc.	74,954	61,359	For
Onex Canada Asset Management Inc.	111,333	0	For
Jackson National	110,408	0	For
NATIONAL BANK TRUST INC.	22,052	0	For
Walter Public Investments Inc.	8,000	0	For
ENVESTNET ASSET MANAGEMENT INC	7,975	0	For
AGF MANAGEMENT LTD	6,089	0	For
WCM INVESTMENT MANAGEMENT, LLC	5,662	0	For
Cullen Capital Management, LLC	5,619	0	For
Rempart Asset Management Inc.	5,575	0	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	5,332	0	For
US BANK NATIONAL ASSOCIATION	5,120	0	For
NAPLES GLOBAL ADVISORS, LLC	3,950	0	For
RAYMOND JAMES & ASSOCIATES	1,959	0	For
Clarkston Capital Partners, LLC	1,619	0	For
CITY NATIONAL ROCHDALE FUNDS	1,381	0	For
One Capital Management, LLC	1,304	0	For
FOSTER & MOTLEY INC	1,175	0	For
Belpointe Asset Management LLC	900	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

2. Elect Director Annick Guerard

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Annick Guerard” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

3. Elect Director Arielle Meloul-Wechsler

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 96%

The 57 asset managers below cast 98% of the shares they voted on this item FOR (28,376,242 for, 465,921 against).

FOR: 28,376,242 (95.9%)AGAINST: 465,921 (1.6%)ABSTAIN: 756,549 (2.6%)

Largest asset managers voting on “Elect Director Arielle Meloul-Wechsler” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	8,477,240	0	0	For
Capital Group	6,316,991	0	0	For
T. Rowe Price	5,147,993	0	0	For
Dimensional	1,684,024	0	0	For
BlackRock	1,408,342	0	0	For
JPMorgan	1,179,005	0	0	For
TWEEDY, BROWNE FUND INC.	1,124,700	0	0	For
Fidelity	1,043,019	0	0	For
Charles Schwab	0	26,921	716,912	Abstain
TIAA	493,829	0	0	For
SEI	0	439,000	0	Against
Prudential/PGIM	266,086	0	0	For
Jackson National	110,408	0	0	For
American Century	108,698	0	0	For
State Street	106,261	0	0	For
Franklin Templeton	80,676	0	0	For
Victory Capital	78,522	0	0	For
Invesco	62,815	0	0	For
John Hancock	58,872	0	0	For
Hartford	32,711	0	24,632	For
Goldman Sachs	55,898	0	0	For
Bridge Builder Trust	55,573	0	0	For
Russell Investments	52,516	0	0	For
AIG/SunAmerica	44,466	0	0	For
Lattice Strategies Trust	41,956	0	0	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

4. Elect Director Karen Kinsley

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,560,709 for, 0 against).

FOR: 29,560,709 (99.9%)ABSTAIN: 38,003 (0.1%)

Largest asset managers voting on “Elect Director Karen Kinsley” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

5. Elect Director Laurent Ferreira

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Laurent Ferreira” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

6. Elect Director Lynn Loewen

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Lynn Loewen” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

7. Elect Director Macky Tall

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,560,709 for, 0 against).

FOR: 29,560,709 (99.9%)ABSTAIN: 38,003 (0.1%)

Largest asset managers voting on “Elect Director Macky Tall” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

8. Elect Director Patricia Curadeau-Grou

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,560,709 for, 0 against).

FOR: 29,560,709 (99.9%)ABSTAIN: 38,003 (0.1%)

Largest asset managers voting on “Elect Director Patricia Curadeau-Grou” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

9. Elect Director Pierre Blouin

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Pierre Blouin” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

10. Elect Director Pierre Boivin

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Pierre Boivin” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

11. Elect Director Pierre Pomerleau

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Pierre Pomerleau” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

12. Elect Director Rebecca McKillican

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,583,707 for, 0 against).

FOR: 29,583,707 (99.9%)ABSTAIN: 15,005 (0.1%)

Largest asset managers voting on “Elect Director Rebecca McKillican” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

13. Elect Director Robert Pare

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,560,709 for, 0 against).

FOR: 29,560,709 (99.9%)ABSTAIN: 38,003 (0.1%)

Largest asset managers voting on “Elect Director Robert Pare” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

14. Elect Director Yvon Charest

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 57 asset managers below cast 100% of the shares they voted on this item FOR (29,540,965 for, 0 against).

FOR: 29,540,965 (99.8%)ABSTAIN: 57,747 (0.2%)

Largest asset managers voting on “Elect Director Yvon Charest” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
JPMorgan	1,179,005	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
Jackson National	110,408	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
John Hancock	58,872	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Bridge Builder Trust	55,573	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For

Showing the 25 largest of 57 asset managers. See all 57 in the interactive database.

15. Approve Increase in Aggregate Amount of Compensation of Directors

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (28,167,487 for, 0 against).

FOR: 28,167,487 (100.0%)

Largest asset managers voting on “Approve Increase in Aggregate Amount of Compensation of Directors” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For
Brinker Capital Destinations Trust	40,247	For
Six Circles Trust	34,358	For
Thrivent	33,557	For
Northern Trust	29,880	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

16. Increase Maximum Aggregate Consideration Limit of First Preferred Shares

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 46 asset managers below cast 100% of the shares they voted on this item FOR (28,160,120 for, 0 against).

FOR: 28,160,120 (100.0%)

Largest asset managers voting on “Increase Maximum Aggregate Consideration Limit of First Preferred Shares” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
Charles Schwab	743,833	For
TIAA	493,829	For
SEI	439,000	For
Prudential/PGIM	266,086	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
Hartford	57,343	For
Goldman Sachs	55,898	For
Russell Investments	52,516	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For
Brinker Capital Destinations Trust	40,247	For
Six Circles Trust	34,358	For
Thrivent	33,557	For
Northern Trust	29,880	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

17. Advisory Vote on Executive Compensation Approach

COMPENSATION

100% fund support · no official result

FOR 100%

The 44 asset managers below cast 100% of the shares they voted on this item FOR (33,906,257 for, 0 against).

FOR: 33,906,257 (100.0%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Desjardins Global Asset Management Inc.	4,469,097	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
APG Asset Management US Inc.	1,307,868	For
JPMorgan	1,266,104	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
TIAA	493,829	For
Prudential/PGIM	266,086	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
Goldman Sachs	55,898	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For
Brinker Capital Destinations Trust	40,247	For
Six Circles Trust	34,358	For
Thrivent	33,557	For
Northern Trust	29,880	For
Lincoln Financial	29,078	For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

18. Ratify Deloitte LLP as Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 40 asset managers below cast 100% of the shares they voted on this item FOR (26,855,821 for, 0 against).

FOR: 26,855,821 (100.0%)

Largest asset managers voting on “Ratify Deloitte LLP as Auditors” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
Vanguard	8,477,240	For
Capital Group	6,316,991	For
T. Rowe Price	5,147,993	For
Dimensional	1,684,024	For
BlackRock	1,408,342	For
TWEEDY, BROWNE FUND INC.	1,124,700	For
Fidelity	1,043,019	For
TIAA	493,829	For
Prudential/PGIM	266,086	For
American Century	108,698	For
State Street	106,261	For
Franklin Templeton	80,676	For
Victory Capital	78,522	For
Invesco	62,815	For
Goldman Sachs	55,898	For
AIG/SunAmerica	44,466	For
Lattice Strategies Trust	41,956	For
Brinker Capital Destinations Trust	40,247	For
Six Circles Trust	34,358	For
Thrivent	33,557	For
Northern Trust	29,880	For
Lincoln Financial	29,078	For
HC CAPITAL TRUST	19,559	For
CLEARWATER INVESTMENT TRUST	19,328	For
Calvert	18,528	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

19. SP 1: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting

OTHER SOCIAL ISSUES

1.0% fund support · no official result

AGAINST 99.0%

The 40 asset managers below cast 1.0% of the shares they voted on this item FOR (258,670 for, 26,597,151 against).

FOR: 258,670 (1.0%)AGAINST: 26,597,151 (99.0%)

Largest asset managers voting on “SP 1: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	8,477,240	Against
Capital Group	0	6,316,991	Against
T. Rowe Price	0	5,147,993	Against
Dimensional	0	1,684,024	Against
BlackRock	0	1,408,342	Against
TWEEDY, BROWNE FUND INC.	0	1,124,700	Against
Fidelity	0	1,043,019	Against
TIAA	0	493,829	Against
Prudential/PGIM	0	266,086	Against
American Century	0	108,698	Against
State Street	0	106,261	Against
Franklin Templeton	80,676	0	For
Victory Capital	78,522	0	For
Invesco	0	62,815	Against
Goldman Sachs	0	55,898	Against
AIG/SunAmerica	0	44,466	Against
Lattice Strategies Trust	0	41,956	Against
Brinker Capital Destinations Trust	0	40,247	Against
Six Circles Trust	0	34,358	Against
Thrivent	0	33,557	Against
Northern Trust	22,813	7,067	For
Lincoln Financial	0	29,078	Against
HC CAPITAL TRUST	19,559	0	For
CLEARWATER INVESTMENT TRUST	19,328	0	For
Calvert	18,528	0	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

20. SP 2: Advisory Vote on Environmental Policies

ENVIRONMENT OR CLIMATE

3% fund support · no official result

AGAINST 97%

The 40 asset managers below cast 3% of the shares they voted on this item FOR (726,612 for, 26,129,209 against).

FOR: 726,612 (2.7%)AGAINST: 26,129,209 (97.3%)

Largest asset managers voting on “SP 2: Advisory Vote on Environmental Policies” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	8,477,240	Against
Capital Group	0	6,316,991	Against
T. Rowe Price	0	5,147,993	Against
Dimensional	0	1,684,024	Against
BlackRock	0	1,408,342	Against
TWEEDY, BROWNE FUND INC.	0	1,124,700	Against
Fidelity	0	1,043,019	Against
TIAA	493,829	0	For
Prudential/PGIM	100	265,986	Against
American Century	0	108,698	Against
State Street	0	106,261	Against
Franklin Templeton	80,676	0	For
Victory Capital	78,522	0	For
Invesco	0	62,815	Against
Goldman Sachs	0	55,898	Against
AIG/SunAmerica	0	44,466	Against
Lattice Strategies Trust	0	41,956	Against
Brinker Capital Destinations Trust	0	40,247	Against
Six Circles Trust	0	34,358	Against
Thrivent	0	33,557	Against
Northern Trust	22,813	7,067	For
Lincoln Financial	0	29,078	Against
HC CAPITAL TRUST	1,157	18,402	Against
CLEARWATER INVESTMENT TRUST	0	19,328	Against
Calvert	18,528	0	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

21. ADVISORY RESOLUTION TO ACCEPT THE APPROACH TAKEN BY THE BANK'S BOARD OF DIRECTORS WITH RESPECT TO EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 17 asset managers below cast 99.8% of the shares they voted on this item FOR (4,151,167 for, 6,039 against).

FOR: 4,151,167 (99.9%)AGAINST: 6,039 (0.1%)

Largest asset managers voting on “ADVISORY RESOLUTION TO ACCEPT THE APPROACH TAKEN BY THE BANK'S BOARD OF DIRECTORS WITH RESPECT TO EXECUTIVE CO” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
Fiera Capital Corp	3,506,637	0	For
Northern Trust	390,510	6,039	For
John Hancock	58,872	0	For
Bridge Builder Trust	55,573	0	For
Korea Investment CORP	45,660	0	For
Ativo Capital Management LLC	29,560	0	For
JARISLOWSKY, FRASER Ltd	29,422	0	For
GREEN CENTURY FUNDS	15,005	0	For
Allianz	9,836	0	For
TIMOTHY PLAN	4,660	0	For
Pacer Funds Trust	3,074	0	For
FINANCIAL COUNSELORS INC	800	0	For
GPS Funds I	517	0	For
XPONANCE, INC.	458	0	For
Tidal ETF Trust	261	0	For
PINNACLE FINANCIAL PARTNERS INC	242	0	For
Glenview Trust Co	80	0	For

22. SPECIAL RESOLUTION TO APPROVE THE ADOPTION OF BY-LAW III - DIRECTOR COMPENSATION, FOR THE PURPOSE OF INCREASING THE AGGREGATE AMOUNT OF COMPENSATION THAT MAY BE PAID TO ALL DIRECTORS DURING A FISCAL YEAR

COMPENSATION

Combines 2 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 12 asset managers below cast 99% of the shares they voted on this item FOR (1,424,487 for, 15,005 against).

FOR: 1,424,487 (99.0%)AGAINST: 15,005 (1.0%)

Largest asset managers voting on “SPECIAL RESOLUTION TO APPROVE THE ADOPTION OF BY-LAW III - DIRECTOR COMPENSATION, FOR THE PURPOSE OF INCREASIN” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
JPMorgan	1,179,005	0	For
Jackson National	110,408	0	For
John Hancock	58,872	0	For
Bridge Builder Trust	55,573	0	For
GREEN CENTURY FUNDS	0	15,005	Against
Allianz	9,836	0	For
TIMOTHY PLAN	4,660	0	For
Pacer Funds Trust	3,074	0	For
CITY NATIONAL ROCHDALE FUNDS	1,381	0	For
Belpointe Asset Management LLC	900	0	For
GPS Funds I	517	0	For
Tidal ETF Trust	261	0	For

23. APPOINTMENT OF DELOITTE LLP AS INDEPENDENT AUDITOR

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 11 asset managers below cast 99% of the shares they voted on this item FOR (1,423,587 for, 15,005 against).

FOR: 1,423,587 (99.0%)AGAINST: 15,005 (1.0%)

Largest asset managers voting on “APPOINTMENT OF DELOITTE LLP AS INDEPENDENT AUDITOR” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
JPMorgan	1,179,005	0	For
Jackson National	110,408	0	For
John Hancock	58,872	0	For
Bridge Builder Trust	55,573	0	For
GREEN CENTURY FUNDS	0	15,005	Against
Allianz	9,836	0	For
TIMOTHY PLAN	4,660	0	For
Pacer Funds Trust	3,074	0	For
CITY NATIONAL ROCHDALE FUNDS	1,381	0	For
GPS Funds I	517	0	For
Tidal ETF Trust	261	0	For

24. SPECIAL RESOLUTION TO CONFIRM THE AMENDMENT TO SECTION 1 OF BY-LAW II - SHARE CAPITAL, WHICH AMENDS THE DESCRIPTION OF AUTHORIZED SHARE CAPITAL TO INCREASE THE MAXIMUM AGGREGATE CONSIDERATION FOR WHICH THE FIRST PREFERRED SHARES MAY BE ISSUED

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (1,438,592 for, 0 against).

FOR: 1,438,592 (100.0%)

Largest asset managers voting on “SPECIAL RESOLUTION TO CONFIRM THE AMENDMENT TO SECTION 1 OF BY-LAW II - SHARE CAPITAL, WHICH AMENDS THE DESCRI” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Vote
JPMorgan	1,179,005	For
Jackson National	110,408	For
John Hancock	58,872	For
Bridge Builder Trust	55,573	For
GREEN CENTURY FUNDS	15,005	For
Allianz	9,836	For
TIMOTHY PLAN	4,660	For
Pacer Funds Trust	3,074	For
CITY NATIONAL ROCHDALE FUNDS	1,381	For
GPS Funds I	517	For
Tidal ETF Trust	261	For

25. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATION

98% fund support · no official result

FOR 98%

The 9 asset managers below cast 98% of the shares they voted on this item FOR (10,947,833 for, 208,264 against).

FOR: 10,947,833 (98.1%)AGAINST: 208,264 (1.9%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
TD ASSET MANAGEMENT INC	9,639,306	0	For
Charles Schwab	743,833	0	For
SEI	439,000	0	For
Genus Capital Management Inc.	0	208,264	Against
Hartford	57,343	0	For
Russell Investments	52,516	0	For
IMPAX FUNDS SERIES TRUST III	6,407	0	For
Mercer Funds	5,200	0	For
Regime de rentes du Mouvement Desjardins	4,228	0	For

26. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: IT IS PROPOSED THAT THE BANK ADOPT AN ANNUAL ADVISORY VOTING POLICY WITH RESPECT TO ITS ENVIRONMENTAL AND CLIMATE ACTION PLAN AND OBJECTIVES

ENVIRONMENT OR CLIMATE

42% fund support · no official result

FOR 42%AGAINST 58%

The 8 asset managers below cast 42% of the shares they voted on this item FOR (62,377 for, 85,421 against).

FOR: 62,377 (42.2%)AGAINST: 85,421 (57.8%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: IT IS PROPOSED THAT THE BANK ADOPT AN ANNUAL ADVIS” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
John Hancock	47,372	11,500	For
Bridge Builder Trust	0	55,573	Against
GREEN CENTURY FUNDS	15,005	0	For
Allianz	0	9,836	Against
TIMOTHY PLAN	0	4,660	Against
Pacer Funds Trust	0	3,074	Against
GPS Funds I	0	517	Against
Tidal ETF Trust	0	261	Against

27. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: IT IS PROPOSED THAT THE BANK ANNUALLY DISCLOSE TO THE GENERAL PUBLIC THE NON-CONFIDENTIAL INFORMATION RELATED TO ITS COUNTRY-BY-COUNTRY REPORTING FOR THE PURPOSES OF A DETAILED AND MEANINGFUL CALCULATION OF COMPENSATION RATIOS BROKEN DOWN BY TERRITORY, AND FOR THE PURPOSES OF CONTRIBUTING TO THE FIGHT AGAINST TAX HAVENS, PARTICULARLY IN T

OTHER

80% fund support · no official result

FOR 80%AGAINST 20%

The 8 asset managers below cast 80% of the shares they voted on this item FOR (117,950 for, 29,848 against).

FOR: 117,950 (79.8%)AGAINST: 29,848 (20.2%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: IT IS PROPOSED THAT THE BANK ANNUALLY DISCLOSE TO ” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
John Hancock	47,372	11,500	For
Bridge Builder Trust	55,573	0	For
GREEN CENTURY FUNDS	15,005	0	For
Allianz	0	9,836	Against
TIMOTHY PLAN	0	4,660	Against
Pacer Funds Trust	0	3,074	Against
GPS Funds I	0	517	Against
Tidal ETF Trust	0	261	Against

28. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 97%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (1,271,588 for, 0 against).

FOR: 1,271,588 (97.5%)ABSTAIN: 32,711 (2.5%)

Largest asset managers voting on “Appointment of Auditor” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Abstain	Vote
Charles Schwab	743,833	0	For
SEI	439,000	0	For
Hartford	24,632	32,711	Abstain
Russell Investments	52,516	0	For
IMPAX FUNDS SERIES TRUST III	6,407	0	For
Mercer Funds	5,200	0	For

29. Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting

COMPENSATION

0% fund support · no official result

AGAINST 100%

The 6 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,304,299 against).

AGAINST: 1,304,299 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	Against	Vote
Charles Schwab	743,833	Against
SEI	439,000	Against
Hartford	57,343	Against
Russell Investments	52,516	Against
IMPAX FUNDS SERIES TRUST III	6,407	Against
Mercer Funds	5,200	Against

30. Shareholder Proposal Regarding Say on Climate

ENVIRONMENT OR CLIMATE

4% fund support · no official result

AGAINST 96%

The 6 asset managers below cast 4% of the shares they voted on this item FOR (56,780 for, 1,247,519 against).

FOR: 56,780 (4.4%)AGAINST: 1,247,519 (95.6%)

Largest asset managers voting on “Shareholder Proposal Regarding Say on Climate” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	0	743,833	Against
SEI	17,662	421,338	Against
Hartford	32,711	24,632	For
Russell Investments	0	52,516	Against
IMPAX FUNDS SERIES TRUST III	6,407	0	For
Mercer Funds	0	5,200	Against

31. Shareholder proposal No. 1: The text of the shareholder proposals is set out in Section 7 of the Management Proxy Circular.

OTHER

0% fund support · no official result

AGAINST 100%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,290,794 against).

AGAINST: 1,290,794 (100.0%)

Largest asset managers voting on “Shareholder proposal No. 1: The text of the shareholder proposals is set out in Section 7 of the Management Pr” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	Against	Vote
JPMorgan	1,179,005	Against
Jackson National	110,408	Against
CITY NATIONAL ROCHDALE FUNDS	1,381	Against

32. Shareholder proposal No. 2: The text of the shareholder proposals is set out in Section 7 of the Management Proxy Circular.

ENVIRONMENT OR CLIMATE

91% fund support · no official result

FOR 91%9%

The 3 asset managers below cast 91% of the shares they voted on this item FOR (1,179,005 for, 111,789 against).

FOR: 1,179,005 (91.3%)AGAINST: 111,789 (8.7%)

Largest asset managers voting on “Shareholder proposal No. 2: The text of the shareholder proposals is set out in Section 7 of the Management Pr” at NATIONAL BANK OF CANADA, 2023-2024
Asset manager	For	Against	Vote
JPMorgan	1,179,005	0	For
Jackson National	0	110,408	Against
CITY NATIONAL ROCHDALE FUNDS	0	1,381	Against

Largest NATIONAL BANK OF CANADA shareholders voting in 2023-2024

Ranked by the number of NATIONAL BANK OF CANADA shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top NATIONAL BANK OF CANADA shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	JARISLOWSKY, FRASER Ltd	3,186,617
2	1832 Asset Management L.P.	2,811,855
3	SCOTIA CAPITAL INC.	1,304,598
4	JPMorgan	1,196,760
5	Cumberland Partners Ltd	239,304
6	Northern Trust	223,181
7	National Bank Financial Inc.	136,313
8	Onex Canada Asset Management Inc.	111,333
9	Jackson National	110,408
10	NATIONAL BANK TRUST INC.	22,052

Shown as share counts, not percentages: no shares-outstanding figure has been matched to NATIONAL BANK OF CANADA for the 2023-2024 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 NATIONAL BANK OF CANADA's shareholder meeting held 2024-04-19, in the 2023-2024 proxy season, 130 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,307 separate fund positions. Their filings are grouped here into 32 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory resolution to accept the approach taken by the Bank's Board of Directors with respect… — the reporting funds cast 99.0% 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.

NATIONAL BANK OF CANADA proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.