Home › Companies › NATWEST GROUP PLC › 2023-2024

NATWEST GROUP PLC 2023-2024 Proxy Voting Records

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

85Reported items
184Asset managers
9,308Fund votes
2024-04-23Meeting date

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

Explore NATWEST GROUP PLC in the interactive database Compare manager voting policies

How asset managers voted at the NATWEST GROUP PLC 2023-2024 meeting

Each item below shows how the 184 asset managers that disclosed a NATWEST GROUP PLC 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 NATWEST GROUP PLC’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. APPROVE REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

99.4% fund support · no official result

FOR 99.4%

The 95 asset managers below cast 99.4% of the shares they voted on this item FOR (1,133,596,531 for, 6,532,492 against).

FOR: 1,133,596,531 (99.4%)AGAINST: 6,532,492 (0.6%)

Largest asset managers voting on “APPROVE REMUNERATION REPORT” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
National Pension Service	91,811,712	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
APG Asset Management US Inc.	20,560,868	0	For
JPMorgan	19,114,521	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	14,296,625	0	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	10,094,830	0	For
Brighthouse	8,061,989	0	For
Morgan Stanley	917,411	6,482,499	Against
State Street	6,591,537	0	For
Northern Trust	6,338,663	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
GOLDENTREE ASSET MANAGEMENT LP	5,798,925	0	For

Showing the 25 largest of 95 asset managers. See all 95 in the interactive database.

2. Approve Employee Share Plan

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 80 asset managers below cast 99.9% of the shares they voted on this item FOR (985,020,558 for, 50,702 against).

FOR: 985,020,558 (100.0%)AGAINST: 50,702 (0.0%)

Largest asset managers voting on “Approve Employee Share Plan” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 80 asset managers. See all 80 in the interactive database.

3. To approve the Annual remuneration report in the Directors' remuneration report

SECTION 14A SAY-ON-PAY VOTES

Combines 6 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 79 asset managers below cast 99.7% of the shares they voted on this item FOR (14,469,367 for, 29,844 against).

FOR: 14,469,367 (99.8%)AGAINST: 29,844 (0.2%)UNKNOWN: 587 (0.0%)

Largest asset managers voting on “To approve the Annual remuneration report in the Directors' remuneration report” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
Natixis	7,566,331	0	For
Northern Trust	3,338,241	0	For
RAYMOND JAMES & ASSOCIATES	1,595,687	0	For
ENVESTNET ASSET MANAGEMENT INC	825,891	0	For
Seascape Capital Management	206,793	0	For
TRUST FOR PROFESSIONAL MANAGERS	122,146	0	For
OPPENHEIMER ASSET MANAGEMENT INC.	117,447	0	For
ADVISOR PARTNERS II, LLC	103,897	0	For
Legacy Wealth Asset Management, LLC	93,947	0	For
PNC BANK, NATIONAL ASSOCIATION	76,209	0	For
JPMorgan	64,604	0	For
D.A. DAVIDSON & CO.	44,139	0	For
First Trust	5,848	29,461	Against
LPL Financial LLC	33,609	0	For
Centiva Capital, LP	32,058	0	For
Kovitz Investment Group Partners, LLC	28,052	0	For
RAYMOND JAMES TRUST N.A.	25,275	0	For
FINANCIAL COUNSELORS INC	24,852	0	For
DAVENPORT & Co LLC	24,585	0	For
OLD NATIONAL BANCORP /IN/	19,819	0	For
US BANK NATIONAL ASSOCIATION	13,320	0	For
Allianz	12,364	0	For
CHICAGO TRUST Co NA	8,099	0	For
PARK NATIONAL CORP /OH/	7,481	0	For
COMMERCE BANK	7,254	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

4. Accept Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,838,205 for, 0 against).

FOR: 982,838,205 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

5. Approve Amendments to Directed Buyback Contract

EXTRAORDINARY TRANSACTIONSCAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Approve Amendments to Directed Buyback Contract” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

6. Approve Final Dividend

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (986,175,404 for, 0 against).

FOR: 986,175,404 (100.0%)

Largest asset managers voting on “Approve Final Dividend” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

7. Authorise Board to Offer Scrip Dividend

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (986,175,404 for, 0 against).

FOR: 986,175,404 (100.0%)

Largest asset managers voting on “Authorise Board to Offer Scrip Dividend” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

8. Authorise Issue of Equity

CAPITAL STRUCTURE

99.7% fund support · no official result

FOR 99.7%

The 79 asset managers below cast 99.7% of the shares they voted on this item FOR (982,488,716 for, 2,798,212 against).

FOR: 982,488,716 (99.7%)AGAINST: 2,798,212 (0.3%)

Largest asset managers voting on “Authorise Issue of Equity” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	12,518,020	1,778,605	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	10,094,830	0	For
Brighthouse	8,061,989	0	For
Morgan Stanley	7,399,910	0	For
State Street	6,591,537	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	5,721,903	0	For
Empower	4,818,789	0	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For
Northwestern Mutual	4,143,517	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

9. Authorise Issue of Equity in Connection with Equity Convertible Notes

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Authorise Issue of Equity in Connection with Equity Convertible Notes” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

10. Authorise Issue of Equity without Pre-emptive Rights

CAPITAL STRUCTURE

99.2% fund support · no official result

FOR 99.2%

The 79 asset managers below cast 99.2% of the shares they voted on this item FOR (977,886,459 for, 7,185,149 against).

FOR: 977,886,459 (99.2%)AGAINST: 7,185,149 (0.7%)ABSTAIN: 215,320 (0.0%)

Largest asset managers voting on “Authorise Issue of Equity without Pre-emptive Rights” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	14,296,625	0	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	8,856,707	1,238,123	For
Brighthouse	7,836,866	225,123	For
Morgan Stanley	7,399,910	0	For
State Street	6,591,537	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	0	5,721,903	Against
Empower	4,818,789	0	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For
Northwestern Mutual	4,143,517	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

11. Authorise Issue of Equity without Pre-emptive Rights in Connection with Equity Convertible Notes

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Authorise Issue of Equity without Pre-emptive Rights in Connection with Equity Convertible Notes” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

12. Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment

CAPITAL STRUCTURE

99.2% fund support · no official result

FOR 99.2%

The 79 asset managers below cast 99.2% of the shares they voted on this item FOR (978,101,779 for, 7,185,149 against).

FOR: 978,101,779 (99.3%)AGAINST: 7,185,149 (0.7%)

Largest asset managers voting on “Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Invest” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	14,296,625	0	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	8,856,707	1,238,123	For
Brighthouse	7,836,866	225,123	For
Morgan Stanley	7,399,910	0	For
State Street	6,591,537	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	0	5,721,903	Against
Empower	4,818,789	0	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For
Northwestern Mutual	4,143,517	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

13. Authorise Market Purchase of Ordinary Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Authorise Market Purchase of Ordinary Shares” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

14. Authorise Off-Market Purchase of Ordinary Shares from HM Treasury

EXTRAORDINARY TRANSACTIONSCAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Authorise Off-Market Purchase of Ordinary Shares from HM Treasury” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

15. Authorise Off-Market Purchase of Preference Shares

EXTRAORDINARY TRANSACTIONSCAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,264,905 for, 0 against).

FOR: 982,264,905 (99.9%)ABSTAIN: 863,868 (0.1%)

Largest asset managers voting on “Authorise Off-Market Purchase of Preference Shares” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

16. Authorise UK Political Donations and Expenditure

OTHER SOCIAL ISSUES

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (982,330,605 for, 0 against).

FOR: 982,330,605 (100.0%)

Largest asset managers voting on “Authorise UK Political Donations and Expenditure” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

17. Authorise the Company to Call General Meeting with Two Weeks' Notice

CORPORATE GOVERNANCE

99% fund support · no official result

FOR 99%

The 79 asset managers below cast 99% of the shares they voted on this item FOR (968,423,746 for, 14,327,659 against).

FOR: 968,423,746 (98.5%)AGAINST: 14,327,659 (1.5%)

Largest asset managers voting on “Authorise the Company to Call General Meeting with Two Weeks' Notice” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	15,906,498	195,705	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	14,296,625	0	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	10,094,830	0	For
Brighthouse	8,061,989	0	For
Morgan Stanley	917,411	6,482,499	Against
State Street	0	6,591,537	Against
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	5,721,903	0	For
Empower	4,818,789	0	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For
Northwestern Mutual	4,143,517	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

18. Authorise the Group Audit Committee to Fix Remuneration of Auditors

AUDIT-RELATED

99.8% fund support · no official result

FOR 99.8%

The 79 asset managers below cast 99.8% of the shares they voted on this item FOR (1,044,003,704 for, 1,357,863 against).

FOR: 1,044,003,704 (99.9%)AGAINST: 1,357,863 (0.1%)

Largest asset managers voting on “Authorise the Group Audit Committee to Fix Remuneration of Auditors” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
RWC Asset Management LLP	63,096,662	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

19. Elect Paul Thwaite as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (987,476,474 for, 0 against).

FOR: 987,476,474 (100.0%)

Largest asset managers voting on “Elect Paul Thwaite as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

20. Elect Rick Haythornthwaite as Director

DIRECTOR ELECTIONS

99.7% fund support · no official result

FOR 99.7%

The 79 asset managers below cast 99.7% of the shares they voted on this item FOR (985,120,271 for, 2,356,203 against).

FOR: 985,120,271 (99.8%)AGAINST: 2,356,203 (0.2%)

Largest asset managers voting on “Elect Rick Haythornthwaite as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	12,518,020	1,778,605	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	10,094,830	0	For
Brighthouse	8,061,989	0	For
Morgan Stanley	7,399,910	0	For
State Street	6,591,537	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	5,721,903	0	For
RWC Asset Management LLP	5,211,569	0	For
Empower	4,818,789	0	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

21. Re-elect Frank Dangeard as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (987,476,474 for, 0 against).

FOR: 987,476,474 (100.0%)

Largest asset managers voting on “Re-elect Frank Dangeard as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

22. Re-elect Katie Murray as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (987,476,474 for, 0 against).

FOR: 987,476,474 (100.0%)

Largest asset managers voting on “Re-elect Katie Murray as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

23. Re-elect Lena Wilson as Director

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (987,116,245 for, 360,229 against).

FOR: 987,116,245 (100.0%)AGAINST: 360,229 (0.0%)

Largest asset managers voting on “Re-elect Lena Wilson as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

24. Re-elect Mark Seligman as Director

DIRECTOR ELECTIONS

99.8% fund support · no official result

FOR 99.8%

The 79 asset managers below cast 99.8% of the shares they voted on this item FOR (986,384,329 for, 1,092,145 against).

FOR: 986,384,329 (99.9%)AGAINST: 1,092,145 (0.1%)

Largest asset managers voting on “Re-elect Mark Seligman as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
MFS	280,172,981	0	For
Vanguard	175,385,590	0	For
BlackRock	113,945,170	0	For
Capital Group	67,336,591	0	For
Fidelity	55,746,304	0	For
JANUS INVESTMENT FUND	48,400,673	0	For
Dimensional	28,346,108	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	0	For
John Hancock	16,102,203	0	For
Principal	15,481,865	0	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	0	For
Bridge Builder Trust	14,296,625	0	For
TIAA	11,738,698	0	For
Six Circles Trust	10,327,770	0	For
Equitable	10,094,830	0	For
Brighthouse	8,061,989	0	For
Morgan Stanley	7,399,910	0	For
State Street	6,591,537	0	For
American Century	6,315,825	0	For
JANUS ASPEN SERIES	6,095,493	0	For
AllianceBernstein	5,721,903	0	For
RWC Asset Management LLP	5,211,569	0	For
Empower	4,086,873	731,916	For
Columbia Threadneedle	4,722,466	0	For
Jackson National	4,694,514	0	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

25. Re-elect Patrick Flynn as Director

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (987,116,245 for, 360,229 against).

FOR: 987,116,245 (100.0%)AGAINST: 360,229 (0.0%)

Largest asset managers voting on “Re-elect Patrick Flynn as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

26. Re-elect Roisin Donnelly as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (987,476,474 for, 0 against).

FOR: 987,476,474 (100.0%)

Largest asset managers voting on “Re-elect Roisin Donnelly as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

27. Re-elect Stuart Lewis as Director

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 79 asset managers below cast 99.9% of the shares they voted on this item FOR (987,116,245 for, 360,229 against).

FOR: 987,116,245 (100.0%)AGAINST: 360,229 (0.0%)

Largest asset managers voting on “Re-elect Stuart Lewis as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

28. Re-elect Yasmin Jetha as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 79 asset managers below cast 100% of the shares they voted on this item FOR (987,476,474 for, 0 against).

FOR: 987,476,474 (100.0%)

Largest asset managers voting on “Re-elect Yasmin Jetha as Director” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
RWC Asset Management LLP	5,211,569	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

29. Reappoint Ernst and Young LLP as Auditors

AUDIT-RELATED

99.8% fund support · no official result

FOR 99.8%

The 79 asset managers below cast 99.8% of the shares they voted on this item FOR (981,073,274 for, 1,357,863 against).

FOR: 981,073,274 (99.9%)AGAINST: 1,357,863 (0.1%)

Largest asset managers voting on “Reappoint Ernst and Young LLP as Auditors” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
MFS	280,172,981	For
Vanguard	175,385,590	For
BlackRock	113,945,170	For
Capital Group	67,336,591	For
Fidelity	55,746,304	For
JANUS INVESTMENT FUND	48,400,673	For
Dimensional	28,346,108	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	18,765,605	For
John Hancock	16,102,203	For
Principal	15,481,865	For
INTERNATIONAL GROWTH & INCOME FUND	14,546,678	For
Bridge Builder Trust	14,296,625	For
TIAA	11,738,698	For
Six Circles Trust	10,327,770	For
Equitable	10,094,830	For
Brighthouse	8,061,989	For
Morgan Stanley	7,399,910	For
State Street	6,591,537	For
American Century	6,315,825	For
JANUS ASPEN SERIES	6,095,493	For
AllianceBernstein	5,721,903	For
Empower	4,818,789	For
Columbia Threadneedle	4,722,466	For
Jackson National	4,694,514	For
Northwestern Mutual	4,143,517	For

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

30. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Accounts and Reports” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

31. Amendment to Authority to Repurchase Shares from HM Treasury

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Amendment to Authority to Repurchase Shares from HM Treasury” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

32. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Appointment of Auditor” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

33. Approval of the Employee Share Plan

COMPENSATION

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Approval of the Employee Share Plan” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

34. Authorisation of Political Donations

OTHER SOCIAL ISSUES

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Authorisation of Political Donations” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

35. Authority to Issue Shares and Convertible Debt w/ Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Authority to Issue Shares and Convertible Debt w/ Preemptive Rights” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

36. Authority to Issue Shares and Convertible Debt w/o Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Authority to Issue Shares and Convertible Debt w/o Preemptive Rights” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

37. Authority to Issue Shares w/ Preemptive Rights

CAPITAL STRUCTURE

99.7% fund support · no official result

FOR 99.7%

The 12 asset managers below cast 99.7% of the shares they voted on this item FOR (50,373,570 for, 130,788 against).

FOR: 50,373,570 (99.7%)AGAINST: 130,788 (0.3%)

Largest asset managers voting on “Authority to Issue Shares w/ Preemptive Rights” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	18,450,681	0	For
SEI	8,293,183	0	For
Mercer Funds	6,586,326	0	For
Adviser Managed Trust	5,383,986	0	For
Russell Investments	3,997,663	0	For
Prudential/PGIM	3,570,475	0	For
Empower	1,729,000	0	For
Hartford	1,394,093	0	For
Putnam	790,353	0	For
Morningstar Funds Trust	171,037	0	For
BRANDES INVESTMENT TRUST	0	130,788	Against
Global X	6,773	0	For

38. Authority to Issue Shares w/o Preemptive Rights

CAPITAL STRUCTURE

94% fund support · no official result

FOR 94%

The 12 asset managers below cast 94% of the shares they voted on this item FOR (47,226,836 for, 3,277,522 against).

FOR: 47,226,836 (93.5%)AGAINST: 3,277,522 (6.5%)

Largest asset managers voting on “Authority to Issue Shares w/o Preemptive Rights” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	18,450,681	0	For
SEI	8,293,183	0	For
Mercer Funds	6,586,326	0	For
Adviser Managed Trust	5,383,986	0	For
Russell Investments	3,997,663	0	For
Prudential/PGIM	292,953	3,277,522	Against
Empower	1,729,000	0	For
Hartford	1,394,093	0	For
Putnam	790,353	0	For
Morningstar Funds Trust	171,037	0	For
BRANDES INVESTMENT TRUST	130,788	0	For
Global X	6,773	0	For

39. Authority to Issue Shares w/o Preemptive Rights (Specified Capital Investment)

CAPITAL STRUCTURE

93% fund support · no official result

FOR 93%

The 12 asset managers below cast 93% of the shares they voted on this item FOR (47,096,048 for, 3,408,310 against).

FOR: 47,096,048 (93.3%)AGAINST: 3,408,310 (6.7%)

Largest asset managers voting on “Authority to Issue Shares w/o Preemptive Rights (Specified Capital Investment)” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Against	Vote
Charles Schwab	18,450,681	0	For
SEI	8,293,183	0	For
Mercer Funds	6,586,326	0	For
Adviser Managed Trust	5,383,986	0	For
Russell Investments	3,997,663	0	For
Prudential/PGIM	292,953	3,277,522	Against
Empower	1,729,000	0	For
Hartford	1,394,093	0	For
Putnam	790,353	0	For
Morningstar Funds Trust	171,037	0	For
BRANDES INVESTMENT TRUST	0	130,788	Against
Global X	6,773	0	For

40. Authority to Repurchase Preference Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (50,504,358 for, 0 against).

FOR: 50,504,358 (100.0%)

Largest asset managers voting on “Authority to Repurchase Preference Shares” at NATWEST GROUP PLC, 2023-2024
Asset manager	For	Vote
Charles Schwab	18,450,681	For
SEI	8,293,183	For
Mercer Funds	6,586,326	For
Adviser Managed Trust	5,383,986	For
Russell Investments	3,997,663	For
Prudential/PGIM	3,570,475	For
Empower	1,729,000	For
Hartford	1,394,093	For
Putnam	790,353	For
Morningstar Funds Trust	171,037	For
BRANDES INVESTMENT TRUST	130,788	For
Global X	6,773	For

Showing the 40 reported items with the widest manager coverage, of 85 in total. View every item.

Largest NATWEST GROUP PLC shareholders voting in 2023-2024

Ranked by the number of NATWEST GROUP PLC shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top NATWEST GROUP PLC shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	MFS	280,172,981
2	Vanguard	175,385,590
3	BlackRock	113,945,170
4	National Pension Service	91,811,712
5	Capital Group	67,336,591
6	Fidelity	55,746,304
7	JANUS INVESTMENT FUND	48,400,673
8	Dimensional	28,346,108
9	APG Asset Management US Inc.	20,560,868
10	JPMorgan	19,114,521

Shown as share counts, not percentages: no shares-outstanding figure has been matched to NATWEST GROUP PLC 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 NATWEST GROUP PLC's shareholder meeting held 2024-04-23, in the 2023-2024 proxy season, 184 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,308 separate fund positions. Their filings are grouped here into 85 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 — APPROVE REMUNERATION REPORT — the reporting funds cast 99.4% 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.

NATWEST GROUP PLC proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.