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National Bank of Canada 2025-2026 Proxy Voting Records

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

67Reported items
168Asset managers
3,745Fund votes
2026-04-24Meeting 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 2025-2026 meeting

Each item below shows how the 168 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.

99.6% fund support · no official result

FOR 99.6%

The 108 asset managers below cast 99.6% of the shares they voted on this item FOR (36,793,340 for, 111,325 against).

FOR: 36,793,340 (99.7%)AGAINST: 111,325 (0.3%)ABSTAIN: 12,862 (0.0%)

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, 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	18,142,647	0	0	For
1832 Asset Management L.P.	9,283,953	63,309	0	For
Fiera Capital Corp	3,724,076	0	0	For
SCOTIA CAPITAL INC.	1,863,979	0	0	For
JPMorgan	1,377,851	0	0	For
Goldman Sachs	883,688	0	0	For
Cardinal Capital Management, Inc.	754,165	0	0	For
NATIONAL BANK INVESTMENTS INC.	125,939	0	0	For
Six Circles Trust	118,905	0	0	For
Korea Investment CORP	93,520	0	0	For
John Hancock	65,992	0	0	For
Lighthouse Investment Partners, LLC	46,392	0	0	For
Vancity Investment Management Ltd	0	44,093	0	Against
Northern Trust	43,050	0	0	For
Value Partners Investments Inc.	37,130	0	0	For
Turn8 Private Wealth Inc.	26,435	0	0	For
MASTER INVESTMENT PORTFOLIO	25,724	0	0	For
Cardinal Capital Management	25,327	0	0	For
BAROMETER CAPITAL MANAGEMENT INC.	23,761	0	0	For
Ensign Peak Advisors, Inc	17,400	0	0	For
Jackson National	15,165	0	0	For
GREEN CENTURY FUNDS	0	0	12,862	Abstain
Ativo Capital Management LLC	10,771	0	0	For
Cumberland Partners Ltd	8,400	0	0	For
INTRUST BANK NA	8,064	0	0	For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

2. Elect Director Arielle Meloul-Wechsler

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Arielle Meloul-Wechsler” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

3. Elect Director Irfhan Rawji

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Irfhan Rawji” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

4. Elect Director Scott Burrows

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Scott Burrows” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

5. Elect Director Karen Kinsley

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Karen Kinsley” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

6. Elect Director Laurent Ferreira

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Laurent Ferreira” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

7. Elect Director Lynn Loewen

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Lynn Loewen” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

8. Elect Director Macky Tall

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Macky Tall” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

9. Elect Director Patricia Curadeau-Grou

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Patricia Curadeau-Grou” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

10. Elect Director Pierre Boivin

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Pierre Boivin” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

11. Elect Director Pierre Blouin

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Pierre Blouin” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

12. Elect Director Pierre Pomerleau

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Pierre Pomerleau” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

13. Elect Director Rebecca McKillican

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Rebecca McKillican” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

14. Elect Director Sarah Morgan-Silvester

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,509,209 for, 0 against).

FOR: 30,509,209 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Sarah Morgan-Silvester” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

15. Elect Director Yvon Charest

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (30,480,778 for, 0 against).

FOR: 30,480,778 (99.9%)ABSTAIN: 37,077 (0.1%)

Largest asset managers voting on “Elect Director Yvon Charest” at National Bank of Canada, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	11,991,799	0	For
Fidelity	5,623,731	0	For
Capital Group	5,483,440	0	For
JPMorgan	1,377,851	0	For
Charles Schwab	1,041,712	0	For
T. Rowe Price	902,496	0	For
BlackRock	901,151	0	For
TIAA	591,878	0	For
Dimensional	576,882	0	For
TWEEDY, BROWNE FUND INC.	424,935	0	For
Dixon Mitchell Investment Counsel Inc.	369,001	0	For
American Century	305,602	0	For
Invesco	227,593	0	For
Franklin Templeton	89,110	0	For
Hartford	73,403	0	For
SEI	55,973	0	For
IMPAX FUNDS SERIES TRUST III	49,720	0	For
Lattice Strategies Trust	40,838	0	For
Victory Capital	33,606	0	For
BOSTON TRUST WALDEN FUNDS	33,500	0	For
Northern Trust	28,766	0	For
MASTER INVESTMENT PORTFOLIO	25,724	0	For
Calvert	0	23,683	Abstain
RBB Fund Trust	21,393	0	For
CLEARWATER INVESTMENT TRUST	19,328	0	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

16. Elect Director Robert Pare

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 53 asset managers below cast 100% of the shares they voted on this item FOR (30,138,686 for, 0 against).

FOR: 30,138,686 (100.0%)ABSTAIN: 8,646 (0.0%)

Largest asset managers voting on “Elect Director Robert Pare” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,991,799	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
JPMorgan	1,377,851	For
Charles Schwab	1,041,712	For
T. Rowe Price	902,496	For
BlackRock	901,151	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Hartford	73,403	For
SEI	55,973	For
IMPAX FUNDS SERIES TRUST III	49,720	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
MASTER INVESTMENT PORTFOLIO	25,724	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For
BNY Mellon	19,213	For

Showing the 25 largest of 53 asset managers. See all 53 in the interactive database.

17. Advisory Vote on Executive Compensation Approach

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 50 asset managers below cast 99.9% of the shares they voted on this item FOR (28,861,923 for, 8,646 against).

FOR: 28,861,923 (100.0%)AGAINST: 8,646 (0.0%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,862,203	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
BlackRock	1,016,678	For
T. Rowe Price	902,496	For
APG Asset Management US Inc.	894,629	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Life Cycle Investment Partners Ltd	75,249	For
JPMorgan	55,329	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For
BNY Mellon	19,213	For
OLD WESTBURY FUNDS INC	14,390	For
Pacific Life	13,839	For

Showing the 25 largest of 50 asset managers. See all 50 in the interactive database.

18. Ratify Deloitte LLP as Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (26,826,780 for, 0 against).

FOR: 26,826,780 (100.0%)

Largest asset managers voting on “Ratify Deloitte LLP as Auditors” at National Bank of Canada, 2025-2026
Asset manager	For	Vote
Vanguard	11,862,203	For
Fidelity	5,623,731	For
Capital Group	5,483,440	For
T. Rowe Price	902,496	For
TIAA	591,878	For
Dimensional	576,882	For
TWEEDY, BROWNE FUND INC.	424,935	For
Dixon Mitchell Investment Counsel Inc.	369,001	For
American Century	305,602	For
Invesco	227,593	For
Franklin Templeton	89,110	For
Lattice Strategies Trust	40,838	For
Victory Capital	33,606	For
BOSTON TRUST WALDEN FUNDS	33,500	For
Northern Trust	28,766	For
Calvert	23,683	For
RBB Fund Trust	21,393	For
CLEARWATER INVESTMENT TRUST	19,328	For
BNY Mellon	19,213	For
OLD WESTBURY FUNDS INC	14,390	For
Pacific Life	13,839	For
AIG/SunAmerica	13,388	For
Goldman Sachs	12,249	For
Symmetry Panoramic Trust	10,474	For
OPTIMUM FUND TRUST	10,400	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

19. SP 1: Strengthen Shareholder Participation in Annual General Meetings (AGMs)

CORPORATE GOVERNANCE

0% fund support · no official result

AGAINST 100%

The 45 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 26,826,780 against).

AGAINST: 26,826,780 (100.0%)

Largest asset managers voting on “SP 1: Strengthen Shareholder Participation in Annual General Meetings (AGMs)” at National Bank of Canada, 2025-2026
Asset manager	Against	Vote
Vanguard	11,862,203	Against
Fidelity	5,623,731	Against
Capital Group	5,483,440	Against
T. Rowe Price	902,496	Against
TIAA	591,878	Against
Dimensional	576,882	Against
TWEEDY, BROWNE FUND INC.	424,935	Against
Dixon Mitchell Investment Counsel Inc.	369,001	Against
American Century	305,602	Against
Invesco	227,593	Against
Franklin Templeton	89,110	Against
Lattice Strategies Trust	40,838	Against
Victory Capital	33,606	Against
BOSTON TRUST WALDEN FUNDS	33,500	Against
Northern Trust	28,766	Against
Calvert	23,683	Against
RBB Fund Trust	21,393	Against
CLEARWATER INVESTMENT TRUST	19,328	Against
BNY Mellon	19,213	Against
OLD WESTBURY FUNDS INC	14,390	Against
Pacific Life	13,839	Against
AIG/SunAmerica	13,388	Against
Goldman Sachs	12,249	Against
Symmetry Panoramic Trust	10,474	Against
OPTIMUM FUND TRUST	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

20. SP 2: Increase Youth Representation in the Bank's Governing Bodies

CORPORATE GOVERNANCE

0% fund support · no official result

AGAINST 100%

The 45 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 26,826,780 against).

AGAINST: 26,826,780 (100.0%)

Largest asset managers voting on “SP 2: Increase Youth Representation in the Bank's Governing Bodies” at National Bank of Canada, 2025-2026
Asset manager	Against	Vote
Vanguard	11,862,203	Against
Fidelity	5,623,731	Against
Capital Group	5,483,440	Against
T. Rowe Price	902,496	Against
TIAA	591,878	Against
Dimensional	576,882	Against
TWEEDY, BROWNE FUND INC.	424,935	Against
Dixon Mitchell Investment Counsel Inc.	369,001	Against
American Century	305,602	Against
Invesco	227,593	Against
Franklin Templeton	89,110	Against
Lattice Strategies Trust	40,838	Against
Victory Capital	33,606	Against
BOSTON TRUST WALDEN FUNDS	33,500	Against
Northern Trust	28,766	Against
Calvert	23,683	Against
RBB Fund Trust	21,393	Against
CLEARWATER INVESTMENT TRUST	19,328	Against
BNY Mellon	19,213	Against
OLD WESTBURY FUNDS INC	14,390	Against
Pacific Life	13,839	Against
AIG/SunAmerica	13,388	Against
Goldman Sachs	12,249	Against
Symmetry Panoramic Trust	10,474	Against
OPTIMUM FUND TRUST	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

21. SP 3: Adopt Performance-Aligned Compensation Policy

COMPENSATION

0.2% fund support · no official result

AGAINST 99.8%

The 45 asset managers below cast 0.2% of the shares they voted on this item FOR (38,200 for, 26,788,699 against).

FOR: 38,200 (0.1%)AGAINST: 26,788,699 (99.9%)

Largest asset managers voting on “SP 3: Adopt Performance-Aligned Compensation Policy” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
Vanguard	0	11,862,203	Against
Fidelity	0	5,623,731	Against
Capital Group	0	5,483,440	Against
T. Rowe Price	0	902,496	Against
TIAA	0	591,878	Against
Dimensional	0	576,882	Against
TWEEDY, BROWNE FUND INC.	0	424,935	Against
Dixon Mitchell Investment Counsel Inc.	0	369,001	Against
American Century	0	305,602	Against
Invesco	0	227,593	Against
Franklin Templeton	0	89,110	Against
Lattice Strategies Trust	0	40,838	Against
Victory Capital	0	33,606	Against
BOSTON TRUST WALDEN FUNDS	0	33,500	Against
Northern Trust	19,912	8,854	For
Calvert	0	23,683	Against
RBB Fund Trust	0	21,393	Against
CLEARWATER INVESTMENT TRUST	0	19,328	Against
BNY Mellon	0	19,213	Against
OLD WESTBURY FUNDS INC	0	14,390	Against
Pacific Life	0	13,839	Against
AIG/SunAmerica	0	13,388	Against
Goldman Sachs	0	12,249	Against
Symmetry Panoramic Trust	0	10,474	Against
OPTIMUM FUND TRUST	0	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

22. SP 4: Establish a Permanent Advisory Committee on the Systemic Impact of the Bank's Decisions

CORPORATE GOVERNANCE

0.2% fund support · no official result

AGAINST 99.8%

The 45 asset managers below cast 0.2% of the shares they voted on this item FOR (38,200 for, 26,788,580 against).

FOR: 38,200 (0.1%)AGAINST: 26,788,580 (99.9%)

Largest asset managers voting on “SP 4: Establish a Permanent Advisory Committee on the Systemic Impact of the Bank's Decisions” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
Vanguard	0	11,862,203	Against
Fidelity	0	5,623,731	Against
Capital Group	0	5,483,440	Against
T. Rowe Price	0	902,496	Against
TIAA	0	591,878	Against
Dimensional	0	576,882	Against
TWEEDY, BROWNE FUND INC.	0	424,935	Against
Dixon Mitchell Investment Counsel Inc.	0	369,001	Against
American Century	0	305,602	Against
Invesco	0	227,593	Against
Franklin Templeton	0	89,110	Against
Lattice Strategies Trust	0	40,838	Against
Victory Capital	0	33,606	Against
BOSTON TRUST WALDEN FUNDS	0	33,500	Against
Northern Trust	19,912	8,854	For
Calvert	0	23,683	Against
RBB Fund Trust	0	21,393	Against
CLEARWATER INVESTMENT TRUST	0	19,328	Against
BNY Mellon	0	19,213	Against
OLD WESTBURY FUNDS INC	0	14,390	Against
Pacific Life	0	13,839	Against
AIG/SunAmerica	0	13,388	Against
Goldman Sachs	0	12,249	Against
Symmetry Panoramic Trust	0	10,474	Against
OPTIMUM FUND TRUST	0	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

23. SP 5: Report on Forced Labor and Child Labor in Lending Portfolios

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

0.3% fund support · no official result

AGAINST 99.7%

The 45 asset managers below cast 0.3% of the shares they voted on this item FOR (66,631 for, 26,760,149 against).

FOR: 66,631 (0.2%)AGAINST: 26,760,149 (99.8%)

Largest asset managers voting on “SP 5: Report on Forced Labor and Child Labor in Lending Portfolios” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
Vanguard	0	11,862,203	Against
Fidelity	0	5,623,731	Against
Capital Group	0	5,483,440	Against
T. Rowe Price	0	902,496	Against
TIAA	0	591,878	Against
Dimensional	0	576,882	Against
TWEEDY, BROWNE FUND INC.	0	424,935	Against
Dixon Mitchell Investment Counsel Inc.	0	369,001	Against
American Century	0	305,602	Against
Invesco	0	227,593	Against
Franklin Templeton	0	89,110	Against
Lattice Strategies Trust	0	40,838	Against
Victory Capital	0	33,606	Against
BOSTON TRUST WALDEN FUNDS	0	33,500	Against
Northern Trust	19,912	8,854	For
Calvert	23,683	0	For
RBB Fund Trust	0	21,393	Against
CLEARWATER INVESTMENT TRUST	0	19,328	Against
BNY Mellon	0	19,213	Against
OLD WESTBURY FUNDS INC	0	14,390	Against
Pacific Life	0	13,839	Against
AIG/SunAmerica	0	13,388	Against
Goldman Sachs	0	12,249	Against
Symmetry Panoramic Trust	0	10,474	Against
OPTIMUM FUND TRUST	0	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

24. SP 6: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting

OTHER SOCIAL ISSUES

0.3% fund support · no official result

AGAINST 99.7%

The 45 asset managers below cast 0.3% of the shares they voted on this item FOR (66,631 for, 26,760,149 against).

FOR: 66,631 (0.2%)AGAINST: 26,760,149 (99.8%)

Largest asset managers voting on “SP 6: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
Vanguard	0	11,862,203	Against
Fidelity	0	5,623,731	Against
Capital Group	0	5,483,440	Against
T. Rowe Price	0	902,496	Against
TIAA	0	591,878	Against
Dimensional	0	576,882	Against
TWEEDY, BROWNE FUND INC.	0	424,935	Against
Dixon Mitchell Investment Counsel Inc.	0	369,001	Against
American Century	0	305,602	Against
Invesco	0	227,593	Against
Franklin Templeton	0	89,110	Against
Lattice Strategies Trust	0	40,838	Against
Victory Capital	0	33,606	Against
BOSTON TRUST WALDEN FUNDS	0	33,500	Against
Northern Trust	19,912	8,854	For
Calvert	23,683	0	For
RBB Fund Trust	0	21,393	Against
CLEARWATER INVESTMENT TRUST	0	19,328	Against
BNY Mellon	0	19,213	Against
OLD WESTBURY FUNDS INC	0	14,390	Against
Pacific Life	0	13,839	Against
AIG/SunAmerica	0	13,388	Against
Goldman Sachs	0	12,249	Against
Symmetry Panoramic Trust	0	10,474	Against
OPTIMUM FUND TRUST	0	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

25. SP 7: Advisory Vote on Environmental Policies

ENVIRONMENT OR CLIMATE

3% fund support · no official result

AGAINST 97%

The 45 asset managers below cast 3% of the shares they voted on this item FOR (716,201 for, 26,110,579 against).

FOR: 716,201 (2.7%)AGAINST: 26,110,579 (97.3%)

Largest asset managers voting on “SP 7: Advisory Vote on Environmental Policies” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
Vanguard	0	11,862,203	Against
Fidelity	0	5,623,731	Against
Capital Group	0	5,483,440	Against
T. Rowe Price	0	902,496	Against
TIAA	591,878	0	For
Dimensional	0	576,882	Against
TWEEDY, BROWNE FUND INC.	0	424,935	Against
Dixon Mitchell Investment Counsel Inc.	0	369,001	Against
American Century	0	305,602	Against
Invesco	0	227,593	Against
Franklin Templeton	0	89,110	Against
Lattice Strategies Trust	0	40,838	Against
Victory Capital	0	33,606	Against
BOSTON TRUST WALDEN FUNDS	33,500	0	For
Northern Trust	19,912	8,854	For
Calvert	23,683	0	For
RBB Fund Trust	0	21,393	Against
CLEARWATER INVESTMENT TRUST	19,328	0	For
BNY Mellon	0	19,213	Against
OLD WESTBURY FUNDS INC	0	14,390	Against
Pacific Life	0	13,839	Against
AIG/SunAmerica	0	13,388	Against
Goldman Sachs	0	12,249	Against
Symmetry Panoramic Trust	0	10,474	Against
OPTIMUM FUND TRUST	0	10,400	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

26. APPOINTMENT OF DELOITTE LLP AS INDEPENDENT AUDITOR

AUDIT-RELATED

99.9% fund support · no official result

FOR 99.9%

The 12 asset managers below cast 99.9% of the shares they voted on this item FOR (3,455,049 for, 2,205 against).

FOR: 3,455,049 (99.9%)AGAINST: 2,205 (0.1%)

Largest asset managers voting on “APPOINTMENT OF DELOITTE LLP AS INDEPENDENT AUDITOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	1,825,590	0	For
JPMorgan	1,377,851	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
MASTER INVESTMENT PORTFOLIO	25,724	0	For
Jackson National	15,165	0	For
GREEN CENTURY FUNDS	12,862	0	For
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	0	2,205	Against
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

27. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

97% fund support · no official result

FOR 97%

The 11 asset managers below cast 97% of the shares they voted on this item FOR (2,587,129 for, 74,864 against).

FOR: 2,587,129 (97.2%)AGAINST: 74,864 (2.8%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
TD Waterhouse Canada Inc.	1,254,755	0	For
Charles Schwab	1,041,712	0	For
Vanguard	129,596	0	For
Hartford	0	73,403	Against
SEI	55,973	0	For
IMPAX FUNDS SERIES TRUST III	49,720	0	For
Purpose Unlimited Inc.	35,744	0	For
Russell Investments	14,791	0	For
Venerable Variable Insurance Trust	4,528	0	For
Brighthouse	0	1,461	Against
LOUISBOURG INVESTMENTS INC.	310	0	For

28. SHAREHOLDER PROPOSAL NO. 1: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

CORPORATE GOVERNANCE

1% fund support · no official result

AGAINST 99%

The 9 asset managers below cast 1% of the shares they voted on this item FOR (15,067 for, 1,122,296 against).

FOR: 15,067 (1.3%)AGAINST: 1,122,296 (98.7%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 1: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	924,439	Against
Six Circles Trust	0	118,905	Against
John Hancock	0	65,992	Against
GREEN CENTURY FUNDS	12,862	0	For
TIMOTHY PLAN	0	7,726	Against
Pacer Funds Trust	0	3,104	Against
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	0	1,838	Against
GPS Funds I	0	292	Against

29. SHAREHOLDER PROPOSAL NO. 2: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

CORPORATE GOVERNANCE

0% fund support · no official result

AGAINST 100%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,137,363 against).

AGAINST: 1,137,363 (100.0%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 2: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	Against	Vote
BlackRock	924,439	Against
Six Circles Trust	118,905	Against
John Hancock	65,992	Against
GREEN CENTURY FUNDS	12,862	Against
TIMOTHY PLAN	7,726	Against
Pacer Funds Trust	3,104	Against
Innovator ETFs Trust	2,205	Against
RBB FUND, INC.	1,838	Against
GPS Funds I	292	Against

30. SHAREHOLDER PROPOSAL NO. 3: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

COMPENSATION

0% fund support · no official result

AGAINST 100%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,137,363 against).

AGAINST: 1,137,363 (100.0%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 3: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	Against	Vote
BlackRock	924,439	Against
Six Circles Trust	118,905	Against
John Hancock	65,992	Against
GREEN CENTURY FUNDS	12,862	Against
TIMOTHY PLAN	7,726	Against
Pacer Funds Trust	3,104	Against
Innovator ETFs Trust	2,205	Against
RBB FUND, INC.	1,838	Against
GPS Funds I	292	Against

31. SHAREHOLDER PROPOSAL NO. 4: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

CORPORATE GOVERNANCE

0% fund support · no official result

AGAINST 99%

The 9 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,124,501 against).

AGAINST: 1,124,501 (98.9%)ABSTAIN: 12,862 (1.1%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 4: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	Against	Abstain	Vote
BlackRock	924,439	0	Against
Six Circles Trust	118,905	0	Against
John Hancock	65,992	0	Against
GREEN CENTURY FUNDS	0	12,862	Abstain
TIMOTHY PLAN	7,726	0	Against
Pacer Funds Trust	3,104	0	Against
Innovator ETFs Trust	2,205	0	Against
RBB FUND, INC.	1,838	0	Against
GPS Funds I	292	0	Against

32. SHAREHOLDER PROPOSAL NO. 5: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

1% fund support · no official result

AGAINST 99%

The 9 asset managers below cast 1% of the shares they voted on this item FOR (12,862 for, 1,124,501 against).

FOR: 12,862 (1.1%)AGAINST: 1,124,501 (98.9%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 5: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	924,439	Against
Six Circles Trust	0	118,905	Against
John Hancock	0	65,992	Against
GREEN CENTURY FUNDS	12,862	0	For
TIMOTHY PLAN	0	7,726	Against
Pacer Funds Trust	0	3,104	Against
Innovator ETFs Trust	0	2,205	Against
RBB FUND, INC.	0	1,838	Against
GPS Funds I	0	292	Against

33. SHAREHOLDER PROPOSAL NO. 6: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

OTHER SOCIAL ISSUES

1% fund support · no official result

AGAINST 99%

The 9 asset managers below cast 1% of the shares they voted on this item FOR (12,862 for, 1,124,501 against).

FOR: 12,862 (1.1%)AGAINST: 1,124,501 (98.9%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 6: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	924,439	Against
Six Circles Trust	0	118,905	Against
John Hancock	0	65,992	Against
GREEN CENTURY FUNDS	12,862	0	For
TIMOTHY PLAN	0	7,726	Against
Pacer Funds Trust	0	3,104	Against
Innovator ETFs Trust	0	2,205	Against
RBB FUND, INC.	0	1,838	Against
GPS Funds I	0	292	Against

34. SHAREHOLDER PROPOSAL NO. 7: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PROXY CIRCULAR

ENVIRONMENT OR CLIMATE

1% fund support · no official result

AGAINST 99%

The 9 asset managers below cast 1% of the shares they voted on this item FOR (12,862 for, 1,124,501 against).

FOR: 12,862 (1.1%)AGAINST: 1,124,501 (98.9%)

Largest asset managers voting on “SHAREHOLDER PROPOSAL NO. 7: THE TEXT OF THE SHAREHOLDER PROPOSAL IS SET OUT IN SECTION 7 OF THE MANAGEMENT PRO” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	924,439	Against
Six Circles Trust	0	118,905	Against
John Hancock	0	65,992	Against
GREEN CENTURY FUNDS	12,862	0	For
TIMOTHY PLAN	0	7,726	Against
Pacer Funds Trust	0	3,104	Against
Innovator ETFs Trust	0	2,205	Against
RBB FUND, INC.	0	1,838	Against
GPS Funds I	0	292	Against

35. TO ELECT ARIELLE MELOUL-WECHSLER AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,124,501 for, 12,862 against).

FOR: 1,124,501 (98.9%)AGAINST: 12,862 (1.1%)

Largest asset managers voting on “TO ELECT ARIELLE MELOUL-WECHSLER AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

36. TO ELECT IRFHAN RAWJI AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,124,501 for, 12,862 against).

FOR: 1,124,501 (98.9%)AGAINST: 12,862 (1.1%)

Largest asset managers voting on “TO ELECT IRFHAN RAWJI AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

37. TO ELECT KAREN KINSLEY AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,122,296 for, 15,067 against).

FOR: 1,122,296 (98.7%)AGAINST: 15,067 (1.3%)

Largest asset managers voting on “TO ELECT KAREN KINSLEY AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	0	2,205	Against
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

38. TO ELECT LAURENT FERREIRA AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,124,501 for, 12,862 against).

FOR: 1,124,501 (98.9%)AGAINST: 12,862 (1.1%)

Largest asset managers voting on “TO ELECT LAURENT FERREIRA AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

39. TO ELECT LYNN LOEWEN AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,124,501 for, 12,862 against).

FOR: 1,124,501 (98.9%)AGAINST: 12,862 (1.1%)

Largest asset managers voting on “TO ELECT LYNN LOEWEN AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

40. TO ELECT MACKY TALL AS DIRECTOR

DIRECTOR ELECTIONS

99% fund support · no official result

FOR 99%

The 9 asset managers below cast 99% of the shares they voted on this item FOR (1,124,501 for, 12,862 against).

FOR: 1,124,501 (98.9%)AGAINST: 12,862 (1.1%)

Largest asset managers voting on “TO ELECT MACKY TALL AS DIRECTOR” at National Bank of Canada, 2025-2026
Asset manager	For	Against	Vote
BlackRock	924,439	0	For
Six Circles Trust	118,905	0	For
John Hancock	65,992	0	For
GREEN CENTURY FUNDS	0	12,862	Against
TIMOTHY PLAN	7,726	0	For
Pacer Funds Trust	3,104	0	For
Innovator ETFs Trust	2,205	0	For
RBB FUND, INC.	1,838	0	For
GPS Funds I	292	0	For

Showing the 40 reported items with the widest manager coverage, of 67 in total. View every item.

Largest National Bank of Canada shareholders voting in 2025-2026

Ranked by the number of National Bank of Canada shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top National Bank of Canada shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	BlackRock	18,142,647
2	1832 Asset Management L.P.	9,347,262
3	Fiera Capital Corp	3,724,076
4	SCOTIA CAPITAL INC.	1,863,979
5	JPMorgan	1,377,851
6	Goldman Sachs	883,688
7	Cardinal Capital Management, Inc.	754,165
8	NATIONAL BANK INVESTMENTS INC.	125,939
9	Six Circles Trust	118,905
10	Korea Investment CORP	93,520

Shown as share counts, not percentages: no shares-outstanding figure has been matched to National Bank of Canada for the 2025-2026 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 2026-04-24, in the 2025-2026 proxy season, 168 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,745 separate fund positions. Their filings are grouped here into 67 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 99.6% 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 · 2024-2025 · 2025-2026 (this page).