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Home › Companies › Naturgy Energy Group SA › 2025-2026

Naturgy Energy Group SA 2025-2026 Proxy Voting Records

At Naturgy Energy Group SA's shareholder meeting held March 24, 2026, in the 2025-2026 proxy season, 71 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,707 separate fund positions. Their filings are grouped here into 18 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 VOTE ON REMUNERATION REPORT — the reporting funds and managers cast 30% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 18Reported items
  • 71Asset managers
  • 2,707Fund votes
  • March 24, 2026Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Naturgy Energy Group SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2025-2026

Explore Naturgy Energy Group SA in the interactive database Compare manager voting policies

How asset managers voted at the Naturgy Energy Group SA 2025-2026 meeting

Each item below shows how the 71 asset managers that disclosed a Naturgy Energy Group SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Naturgy Energy Group SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. RATIFY APPOINTMENT OF AND ELECT LARS C. BESPOLKA AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

13% of fund votes cast · no official result

AGAINST
Details: votes by 65 asset managers

The 65 asset managers below reported 3,911,064 for, 26,657,904 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,911,064AGAINST: 26,657,904
Largest asset managers voting on “RATIFY APPOINTMENT OF AND ELECT LARS C. BESPOLKA AS DIRECTOR” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard011,185,458 00Against
BlackRock2,552,4038,300,437 00Mixed
Fidelity02,992,964 00Against
TIAA0521,386 00Against
WisdomTree0485,685 00Against
Six Circles Trust453,2750 00For
Thrivent0367,216 00Against
DWS0351,959 00Against
State Street0331,758 00Against
Dimensional0327,794 00Against
First Trust0295,826 00Against
JPMorgan0190,469 00Against
Goldman Sachs128,89143,780 00Mixed
Invesco160,1280 00For
Nationwide151,9110 00For
AQR0141,034 00Against
WASATCH FUNDS TRUST138,3000 00For
Legg Mason0114,089 00Against
Victory Capital0113,566 00Against
John Hancock0112,606 00Against
Voya095,825 00Against
Northern Lights Fund Trust IV86,0830 00For
Northern Trust83,493596 00For
MASTER INVESTMENT PORTFOLIO71,3727,607 00Mixed
Lincoln Financial7,64969,426 00Mixed

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

2. REELECT FRANCISCO REYNES MASSANET AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

69% of fund votes cast · no official result

FORAGAINST
Details: votes by 65 asset managers

The 65 asset managers below reported 20,970,942 for, 9,598,026 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 20,970,942AGAINST: 9,598,026
Largest asset managers voting on “REELECT FRANCISCO REYNES MASSANET AS DIRECTOR” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock8,854,1371,998,703 00Mixed
Fidelity02,992,964 00Against
TIAA0521,386 00Against
WisdomTree0485,685 00Against
Six Circles Trust0453,275 00Against
Thrivent0367,216 00Against
DWS0351,959 00Against
State Street0331,758 00Against
Dimensional0327,794 00Against
First Trust0295,826 00Against
JPMorgan0190,469 00Against
Goldman Sachs128,89143,780 00Mixed
Invesco160,1280 00For
Nationwide131,34820,563 00Mixed
AQR0141,034 00Against
WASATCH FUNDS TRUST138,3000 00For
Legg Mason0114,089 00Against
Victory Capital0113,566 00Against
John Hancock0112,606 00Against
Voya095,825 00Against
Northern Lights Fund Trust IV86,0830 00For
Northern Trust83,493596 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial7,64969,426 00Mixed

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

3. REELECT JAIME SILES FERNANDEZ PALACIOS AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

39% of fund votes cast · no official result

FORAGAINST
Details: votes by 65 asset managers

The 65 asset managers below reported 12,071,866 for, 18,497,102 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,071,866AGAINST: 18,497,102
Largest asset managers voting on “REELECT JAIME SILES FERNANDEZ PALACIOS AS DIRECTOR” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard011,185,458 00Against
BlackRock10,852,8400 00For
Fidelity02,992,964 00Against
TIAA0521,386 00Against
WisdomTree0485,685 00Against
Six Circles Trust453,2750 00For
Thrivent0367,216 00Against
DWS0351,959 00Against
State Street0331,758 00Against
Dimensional0327,794 00Against
First Trust0295,826 00Against
JPMorgan0190,469 00Against
Goldman Sachs128,89143,780 00Mixed
Invesco0160,128 00Against
Nationwide151,9110 00For
AQR0141,034 00Against
WASATCH FUNDS TRUST138,3000 00For
Legg Mason0114,089 00Against
Victory Capital0113,566 00Against
John Hancock0112,606 00Against
Voya095,825 00Against
Northern Lights Fund Trust IV86,0830 00For
Northern Trust83,493596 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial7,64969,426 00Mixed

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

4. REELECT RAMON ADELL RAMON AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

10% of fund votes cast · no official result

AGAINST
Details: votes by 65 asset managers

The 65 asset managers below reported 3,134,796 for, 27,434,172 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,134,796AGAINST: 27,434,172
Largest asset managers voting on “REELECT RAMON ADELL RAMON AS DIRECTOR” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard011,185,458 00Against
BlackRock2,100,4888,752,352 00Mixed
Fidelity02,992,964 00Against
TIAA0521,386 00Against
WisdomTree0485,685 00Against
Six Circles Trust453,2750 00For
Thrivent0367,216 00Against
DWS0351,959 00Against
State Street0331,758 00Against
Dimensional0327,794 00Against
First Trust0295,826 00Against
JPMorgan0190,469 00Against
Goldman Sachs128,89143,780 00Mixed
Invesco0160,128 00Against
Nationwide151,9110 00For
AQR0141,034 00Against
WASATCH FUNDS TRUST138,3000 00For
Legg Mason0114,089 00Against
Victory Capital0113,566 00Against
John Hancock0112,606 00Against
Voya095,825 00Against
Northern Lights Fund Trust IV86,0830 00For
Northern Trust084,089 00Against
MASTER INVESTMENT PORTFOLIO078,979 00Against
Lincoln Financial077,075 00Against

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

5. Authorize board chairman and secretary to sign as many private documents as may be and execute before a notary of his…

No official resultsCORPORATE GOVERNANCE

99.4% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: AUTHORIZE BOARD CHAIRMAN AND SECRETARY TO SIGN AS MANY PRIVATE DOCUMENTS AS MAY BE AND EXECUTE BEFORE A NOTARY OF HIS CHOICE AS MANY PUBLIC DOCUMENTS AS MAY BE NECESSARY

The 65 asset managers below reported 30,408,840 for, 160,128 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,408,840AGAINST: 160,128
Largest asset managers voting on “AUTHORIZE BOARD CHAIRMAN AND SECRETARY TO SIGN AS MANY PRIVATE DOCUMENTS AS MAY BE AND EXECUTE BEFORE A NOTARY” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco0160,128 00Against
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

6. Authorize company to call EGM with 15 days' notice

No official resultsCORPORATE GOVERNANCE

98% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: AUTHORIZE COMPANY TO CALL EGM WITH 15 DAYS' NOTICE

The 65 asset managers below reported 30,061,738 for, 507,230 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,061,738AGAINST: 507,230
Largest asset managers voting on “AUTHORIZE COMPANY TO CALL EGM WITH 15 DAYS' NOTICE” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,751,055101,785 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street0331,758 00Against
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock104,0348,572 00Mixed
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial51,20225,873 00Mixed

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

7. Approve allocation of income and dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: APPROVE ALLOCATION OF INCOME AND DIVIDENDS

The 65 asset managers below reported 30,568,968 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,568,968
Largest asset managers voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

8. Approve consolidated financial statements

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: APPROVE CONSOLIDATED FINANCIAL STATEMENTS

The 65 asset managers below reported 30,568,968 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,568,968
Largest asset managers voting on “APPROVE CONSOLIDATED FINANCIAL STATEMENTS” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

9. Approve discharge of board

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: APPROVE DISCHARGE OF BOARD

The 65 asset managers below reported 30,568,968 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,568,968
Largest asset managers voting on “APPROVE DISCHARGE OF BOARD” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

10. Approve standalone financial statements

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: APPROVE STANDALONE FINANCIAL STATEMENTS

The 65 asset managers below reported 30,568,968 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,568,968
Largest asset managers voting on “APPROVE STANDALONE FINANCIAL STATEMENTS” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

11. Approve consolidated non-financial information statement

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: APPROVE CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT

The 65 asset managers below reported 30,532,295 for, 36,673 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,532,295ABSTAIN: 36,673
Largest asset managers voting on “APPROVE CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco160,1280 00For
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

12. Authorize board to ratify and execute approved resolutions

No official resultsCORPORATE GOVERNANCE

99.4% of fund votes cast · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS

The 65 asset managers below reported 30,408,840 for, 160,128 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 30,408,840AGAINST: 160,128
Largest asset managers voting on “AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,185,4580 00For
BlackRock10,852,8400 00For
Fidelity2,992,9640 00For
TIAA521,3860 00For
WisdomTree485,6850 00For
Six Circles Trust453,2750 00For
Thrivent367,2160 00For
DWS351,9590 00For
State Street331,7580 00For
Dimensional327,7940 00For
First Trust295,8260 00For
JPMorgan190,4690 00For
Goldman Sachs172,6710 00For
Invesco0160,128 00Against
Nationwide151,9110 00For
AQR141,0340 00For
WASATCH FUNDS TRUST138,3000 00For
Legg Mason114,0890 00For
Victory Capital113,5660 00For
John Hancock112,6060 00For
Voya95,8250 00For
Northern Lights Fund Trust IV86,0830 00For
Northern Trust84,0890 00For
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial77,0750 00For

Showing the 25 largest of 65 asset managers. All 65 are in the interactive database (link above).

13. Receive amendments to board of directors regulations

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RECEIVE AMENDMENTS TO BOARD OF DIRECTORS REGULATIONS

The 7 asset managers below reported 311,826 not voted, 1,120 unknown.

NOT VOTED: 311,826UNKNOWN: 1,120
Largest asset managers voting on “RECEIVE AMENDMENTS TO BOARD OF DIRECTORS REGULATIONS” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Empower00 00Not Voted
Lincoln Financial00 00Not Voted
Brighthouse00 00Not Voted
NORTHERN LIGHTS FUND TRUST II00 00--
Forethought Variable Insurance Trust00 00--
Northern Lights Fund Trust IV00 00--

14. Advisory vote on remuneration report

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

30% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 71 asset managers

Description as filed by funds: ADVISORY VOTE ON REMUNERATION REPORT

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 65 asset managers voting on “ADVISORY VOTE ON REMUNERATION REPORT” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard011,185,458 00Against
BlackRock8,752,3522,100,488 00Mixed
Fidelity02,992,964 00Against
TIAA0521,386 00Against
WisdomTree0485,685 00Against
Six Circles Trust0453,275 00Against
Thrivent0367,216 00Against
DWS0351,959 00Against
State Street331,7580 00For
Dimensional0327,794 00Against
First Trust0295,826 00Against
JPMorgan0190,469 00Against
Goldman Sachs0172,671 00Against
Invesco0160,128 00Against
Nationwide0151,911 00Against
AQR0141,034 00Against
WASATCH FUNDS TRUST0138,300 00Against
Legg Mason0114,089 00Against
Victory Capital0113,566 00Against
John Hancock8,572104,034 00Mixed
Voya095,825 00Against
Northern Lights Fund Trust IV86,0830 00For
Northern Trust084,089 00Against
MASTER INVESTMENT PORTFOLIO78,9790 00For
Lincoln Financial33,52243,553 00Mixed

Fund voting reports, all 65 managers: 9,315,904 for, 21,253,064 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 9 asset managers voting on “ADVISORY VOTE ON REMUNERATION REPORT” at Naturgy Energy Group SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock5,135,04311,251,942 00Mixed
JPMorgan0457,492 00Against
APG Asset Management US Inc.0453,837 00Against
1832 Asset Management L.P.14,2580 75,0800Mixed
Korea Investment CORP062,239 00Against
Siemens Fonds Invest GmbH22,3430 00For
WESTWOOD HOLDINGS GROUP INC012,810 00Against
Northern Trust08,111 00Against
NATIONAL BANK INVESTMENTS INC.0524 00Against

Institutional-manager reports, all 9 managers: 5,171,644 for, 12,246,955 against, 75,080 abstained.

Showing the 14 reported items with the widest manager coverage, of 18 in total. Every item is in the interactive database (link above).

Largest Naturgy Energy Group SA shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Naturgy Energy Group SA shareholders by shares voted on “ADVISORY VOTE ON REMUNERATION REPORT”, 2025-2026
#Asset manager Shares voted
1Vanguard 11,185,458
2BlackRock 10,852,840
3Fidelity 2,992,964
4TIAA 521,386
5WisdomTree 485,685
6Six Circles Trust 453,275
7Thrivent 367,216
8DWS 351,959
9State Street 331,758
10Dimensional 327,794
Institutional-manager reports: top Naturgy Energy Group SA shareholders by shares voted on “ADVISORY VOTE ON REMUNERATION REPORT”, 2025-2026
#Asset manager Shares voted
1BlackRock 16,386,985
2JPMorgan 457,492
3APG Asset Management US Inc. 453,837
41832 Asset Management L.P. 89,338
5Korea Investment CORP 62,239
6Siemens Fonds Invest GmbH 22,343
7WESTWOOD HOLDINGS GROUP INC 12,810
8Northern Trust 8,111
9NATIONAL BANK INVESTMENTS INC. 524

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Naturgy Energy Group SA for the 2025-2026 season, so there is no denominator to divide by.

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About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Naturgy Energy Group SA proxy season coverage: 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Naturgy Energy Group SA 2026 Annual Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/naturgy-energy-group-sa/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.