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NATWEST GROUP PLC 2024-2025 Proxy Voting Records

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

83Reported items
243Asset managers
12,394Fund votes
2025-04-23Meeting 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 2024-2025 meeting

Each item below shows how the 243 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. To approve the Annual remuneration report in the Directors' remuneration report

SECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (24,153,207 for, 690 against).

FOR: 24,153,207 (100.0%)AGAINST: 690 (0.0%)

Largest asset managers voting on “To approve the Annual remuneration report in the Directors' remuneration report” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Natixis	12,235,789	0	For
Northern Trust	3,284,234	0	For
RAYMOND JAMES & ASSOCIATES	2,866,473	0	For
BlackRock	1,891,088	0	For
ENVESTNET ASSET MANAGEMENT INC	1,621,492	0	For
LPL Financial LLC	392,463	0	For
MERCER GLOBAL ADVISORS INC /ADV	256,051	0	For
TRUST FOR PROFESSIONAL MANAGERS	252,097	0	For
PNC BANK, NATIONAL ASSOCIATION	175,858	0	For
ADVISOR PARTNERS II, LLC	147,588	0	For
Corient Private Wealth LLC	93,963	0	For
Arlington Trust Co LLC	88,141	0	For
Legacy Wealth Asset Management, LLC	84,150	0	For
OPPENHEIMER ASSET MANAGEMENT INC.	68,364	0	For
TRUIST FINANCIAL CORP	49,072	0	For
RBB FUND, INC.	46,998	0	For
Callan Family Office, LLC	42,988	0	For
RAYMOND JAMES TRUST N.A.	42,565	0	For
DAVENPORT & Co LLC	41,820	0	For
FINANCIAL COUNSELORS INC	38,633	0	For
ASSETMARK, INC	37,136	0	For
ELEVATION POINT WEALTH PARTNERS, LLC	30,573	0	For
First Trust	28,301	345	For
BENJAMIN F. EDWARDS & COMPANY, INC.	24,098	0	For
OLD NATIONAL BANCORP /IN/	20,796	0	For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

2. APPROVE REMUNERATION REPORT

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (2,339,039,662 for, 1,355,525 against).

FOR: 2,339,039,662 (99.9%)AGAINST: 1,355,525 (0.1%)ABSTAIN: 92,636 (0.0%)

Largest asset managers voting on “APPROVE REMUNERATION REPORT” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	531,843,391	0	For
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
EUPAC FUND	151,939,332	0	For
National Pension Service	110,400,431	0	For
JPMorgan	109,500,779	92,636	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
APG Asset Management US Inc.	18,919,220	0	For
AllianceBernstein	18,051,668	0	For
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
GOLDENTREE ASSET MANAGEMENT LP	12,688,571	0	For
State Street	10,647,707	0	For
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	9,672,314	0	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	7,787,520	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

3. APPROVE REMUNERATION POLICY

COMPENSATION

100% fund support · no official result

FOR 100%

The 100 asset managers below cast 100% of the shares they voted on this item FOR (2,082,123,181 for, 0 against).

FOR: 2,082,123,181 (100.0%)

Largest asset managers voting on “APPROVE REMUNERATION POLICY” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
BlackRock	531,843,391	For
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
ALGEBRIS (UK) LTD	6,750,510	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For

Showing the 25 largest of 100 asset managers. See all 100 in the interactive database.

4. ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS

INVESTMENT COMPANY MATTERS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

5. APPROVE FINAL DIVIDEND

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “APPROVE FINAL DIVIDEND” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

6. AUTHORISE ISSUE OF EQUITY

CAPITAL STRUCTURE

99.8% fund support · no official result

FOR 99.8%

The 95 asset managers below cast 99.8% of the shares they voted on this item FOR (1,697,325,753 for, 2,616,824 against).

FOR: 1,697,325,753 (99.8%)AGAINST: 2,616,824 (0.2%)

Largest asset managers voting on “AUTHORISE ISSUE OF EQUITY” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
BlackRock	160,452,859	0	For
EUPAC FUND	151,939,332	0	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
AllianceBernstein	18,051,668	0	For
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
State Street	10,647,707	0	For
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	9,672,314	0	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	5,960,390	1,827,130	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For
OLD WESTBURY FUNDS INC	6,522,727	0	For
John Hancock	5,954,573	0	For
Putnam	5,253,941	0	For
Brighthouse	5,160,218	0	For

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

7. AUTHORISE ISSUE OF EQUITY IN CONNECTION WITH EQUITY CONVERTIBLE NOTES

CAPITAL STRUCTURE

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,108,233 for, 834,344 against).

FOR: 1,699,108,233 (100.0%)AGAINST: 834,344 (0.0%)

Largest asset managers voting on “AUTHORISE ISSUE OF EQUITY IN CONNECTION WITH EQUITY CONVERTIBLE NOTES” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

8. AUTHORISE ISSUE OF EQUITY WITHOUT PRE-EMPTIVE RIGHTS

CAPITAL STRUCTURE

99% fund support · no official result

FOR 99%

The 95 asset managers below cast 99% of the shares they voted on this item FOR (1,679,094,340 for, 20,612,517 against).

FOR: 1,679,094,340 (98.8%)AGAINST: 20,612,517 (1.2%)ABSTAIN: 235,720 (0.0%)

Largest asset managers voting on “AUTHORISE ISSUE OF EQUITY WITHOUT PRE-EMPTIVE RIGHTS” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
BlackRock	160,452,859	0	For
EUPAC FUND	151,939,332	0	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
AllianceBernstein	0	18,051,668	Against
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
State Street	10,647,707	0	For
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	8,056,072	1,616,242	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	7,787,520	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For
OLD WESTBURY FUNDS INC	6,522,727	0	For
John Hancock	5,954,573	0	For
Putnam	5,253,941	0	For
Brighthouse	5,049,955	110,263	For

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

9. AUTHORISE ISSUE OF EQUITY WITHOUT PRE-EMPTIVE RIGHTS IN CONNECTION WITH EQUITY CONVERTIBLE NOTES

CAPITAL STRUCTURE

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,108,233 for, 834,344 against).

FOR: 1,699,108,233 (100.0%)AGAINST: 834,344 (0.0%)

Largest asset managers voting on “AUTHORISE ISSUE OF EQUITY WITHOUT PRE-EMPTIVE RIGHTS IN CONNECTION WITH EQUITY CONVERTIBLE NOTES” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

10. AUTHORISE MARKET PURCHASE OF ORDINARY SHARES

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “AUTHORISE MARKET PURCHASE OF ORDINARY SHARES” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

11. AUTHORISE OFF-MARKET PURCHASE OF ORDINARY SHARES FROM HM TREASURY

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “AUTHORISE OFF-MARKET PURCHASE OF ORDINARY SHARES FROM HM TREASURY” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

12. AUTHORISE OFF-MARKET PURCHASE OF PREFERENCE SHARES

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “AUTHORISE OFF-MARKET PURCHASE OF PREFERENCE SHARES” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

13. AUTHORISE THE COMPANY TO CALL GENERAL MEETING WITH TWO WEEKS' NOTICE

CORPORATE GOVERNANCE

99% fund support · no official result

FOR 99%

The 95 asset managers below cast 99% of the shares they voted on this item FOR (1,681,191,583 for, 18,750,994 against).

FOR: 1,681,191,583 (98.9%)AGAINST: 18,750,994 (1.1%)

Largest asset managers voting on “AUTHORISE THE COMPANY TO CALL GENERAL MEETING WITH TWO WEEKS' NOTICE” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
BlackRock	160,452,859	0	For
EUPAC FUND	151,939,332	0	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
AllianceBernstein	18,051,668	0	For
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
State Street	0	10,647,707	Against
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	9,672,314	0	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	7,787,520	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For
OLD WESTBURY FUNDS INC	6,522,727	0	For
John Hancock	5,688,206	266,367	For
Putnam	0	5,253,941	Against
Brighthouse	5,160,218	0	For

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

14. AUTHORISE THE GROUP AUDIT COMMITTEE TO FIX REMUNERATION OF AUDITORS

AUDIT-RELATED

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,078,682 for, 863,895 against).

FOR: 1,699,078,682 (99.9%)AGAINST: 863,895 (0.1%)

Largest asset managers voting on “AUTHORISE THE GROUP AUDIT COMMITTEE TO FIX REMUNERATION OF AUDITORS” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

15. AUTHORISE UK POLITICAL DONATIONS AND EXPENDITURE

OTHER SOCIAL ISSUES

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “AUTHORISE UK POLITICAL DONATIONS AND EXPENDITURE” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

16. ELECT GEETA GOPALAN AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “ELECT GEETA GOPALAN AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

17. ELECT GILL WHITEHEAD AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “ELECT GILL WHITEHEAD AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

18. RE-ELECT FRANK DANGEARD AS DIRECTOR

DIRECTOR ELECTIONS

88% fund support · no official result

FOR 57%8%ABSTAIN 35%

The 95 asset managers below cast 88% of the shares they voted on this item FOR (969,627,598 for, 136,846,085 against).

FOR: 969,627,598 (57.0%)AGAINST: 136,846,085 (8.1%)ABSTAIN: 593,468,894 (34.9%)

Largest asset managers voting on “RE-ELECT FRANK DANGEARD AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Abstain	Vote
Capital Group	295,027,443	0	0	For
MFS	0	0	263,444,131	Abstain
Vanguard	231,552,326	0	0	For
Fidelity	0	136,846,085	76,363,576	Against
BlackRock	154,066,665	0	6,386,194	For
EUPAC FUND	151,939,332	0	0	For
TIAA	60,008,882	0	0	For
Dimensional	0	0	51,471,305	Abstain
JANUS INVESTMENT FUND	0	0	26,175,293	Abstain
AllianceBernstein	18,051,668	0	0	For
Six Circles Trust	18,028,657	0	0	For
Principal	0	0	17,110,587	Abstain
Legg Mason	0	0	16,683,468	Abstain
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	0	For
State Street	0	0	10,647,707	Abstain
RWC Asset Management LLP	10,529,264	0	0	For
AQR	0	0	9,730,007	Abstain
Equitable	3,509,110	0	6,163,204	Abstain
Goldman Sachs	0	0	9,312,493	Abstain
Bridge Builder Trust	5,960,390	0	1,827,130	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	0	7,278,160	Abstain
OLD WESTBURY FUNDS INC	0	0	6,522,727	Abstain
John Hancock	0	0	5,954,573	Abstain
Putnam	0	0	5,253,941	Abstain
Brighthouse	110,263	0	5,049,955	Abstain

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

19. RE-ELECT KATIE MURRAY AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,054,800 for, 0 against).

FOR: 1,699,054,800 (99.9%)ABSTAIN: 887,777 (0.1%)

Largest asset managers voting on “RE-ELECT KATIE MURRAY AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

20. RE-ELECT LENA WILSON AS DIRECTOR

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,414,318 for, 528,259 against).

FOR: 1,699,414,318 (100.0%)AGAINST: 528,259 (0.0%)

Largest asset managers voting on “RE-ELECT LENA WILSON AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

21. RE-ELECT PATRICK FLYNN AS DIRECTOR

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,414,318 for, 528,259 against).

FOR: 1,699,414,318 (100.0%)AGAINST: 528,259 (0.0%)

Largest asset managers voting on “RE-ELECT PATRICK FLYNN AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

22. RE-ELECT PAUL THWAITE AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “RE-ELECT PAUL THWAITE AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

23. RE-ELECT RICK HAYTHORNTHWAITE AS DIRECTOR

DIRECTOR ELECTIONS

99.8% fund support · no official result

FOR 99.8%

The 95 asset managers below cast 99.8% of the shares they voted on this item FOR (1,697,122,902 for, 2,819,675 against).

FOR: 1,697,122,902 (99.8%)AGAINST: 2,819,675 (0.2%)

Largest asset managers voting on “RE-ELECT RICK HAYTHORNTHWAITE AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
BlackRock	160,452,859	0	For
EUPAC FUND	151,939,332	0	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
AllianceBernstein	18,051,668	0	For
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
State Street	10,647,707	0	For
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	9,672,314	0	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	5,960,390	1,827,130	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For
OLD WESTBURY FUNDS INC	6,522,727	0	For
John Hancock	5,954,573	0	For
Putnam	5,253,941	0	For
Brighthouse	5,160,218	0	For

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

24. RE-ELECT ROISIN DONNELLY AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “RE-ELECT ROISIN DONNELLY AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

25. RE-ELECT STUART LEWIS AS DIRECTOR

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 95 asset managers below cast 99.9% of the shares they voted on this item FOR (1,699,414,318 for, 528,259 against).

FOR: 1,699,414,318 (100.0%)AGAINST: 528,259 (0.0%)

Largest asset managers voting on “RE-ELECT STUART LEWIS AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

26. RE-ELECT YASMIN JETHA AS DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 95 asset managers below cast 100% of the shares they voted on this item FOR (1,699,942,577 for, 0 against).

FOR: 1,699,942,577 (100.0%)

Largest asset managers voting on “RE-ELECT YASMIN JETHA AS DIRECTOR” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
BlackRock	160,452,859	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Six Circles Trust	18,028,657	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
Bridge Builder Trust	7,787,520	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
John Hancock	5,954,573	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For

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

27. AUTHORISE ISSUE OF EQUITY WITHOUT PRE-EMPTIVE RIGHTS IN CONNECTION WITH AN ACQUISITION OR OTHER CAPITAL INVESTMENT

CAPITAL STRUCTURE

99% fund support · no official result

FOR 99%

The 94 asset managers below cast 99% of the shares they voted on this item FOR (1,679,324,042 for, 20,612,517 against).

FOR: 1,679,324,042 (98.8%)AGAINST: 20,612,517 (1.2%)

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, 2024-2025
Asset manager	For	Against	Vote
Capital Group	295,027,443	0	For
MFS	263,444,131	0	For
Vanguard	231,552,326	0	For
Fidelity	213,209,661	0	For
BlackRock	160,452,859	0	For
EUPAC FUND	151,939,332	0	For
TIAA	60,008,882	0	For
Dimensional	51,471,305	0	For
JANUS INVESTMENT FUND	26,175,293	0	For
AllianceBernstein	0	18,051,668	Against
Six Circles Trust	18,028,657	0	For
Principal	17,110,587	0	For
Legg Mason	16,683,468	0	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	0	For
State Street	10,647,707	0	For
RWC Asset Management LLP	10,529,264	0	For
AQR	9,730,007	0	For
Equitable	8,056,072	1,616,242	For
Goldman Sachs	9,312,493	0	For
Bridge Builder Trust	7,787,520	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	0	For
OLD WESTBURY FUNDS INC	6,522,727	0	For
John Hancock	5,954,573	0	For
Putnam	5,253,941	0	For
Brighthouse	5,049,955	110,263	For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

28. Reappoint Ernst & Young LLP as Auditors

AUDIT-RELATED

99.9% fund support · no official result

FOR 99.9%

The 78 asset managers below cast 99.9% of the shares they voted on this item FOR (1,499,773,474 for, 863,895 against).

FOR: 1,499,773,474 (99.9%)AGAINST: 863,895 (0.1%)

Largest asset managers voting on “Reappoint Ernst & Young LLP as Auditors” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Capital Group	295,027,443	For
MFS	263,444,131	For
Vanguard	231,552,326	For
Fidelity	213,209,661	For
EUPAC FUND	151,939,332	For
TIAA	60,008,882	For
Dimensional	51,471,305	For
JANUS INVESTMENT FUND	26,175,293	For
AllianceBernstein	18,051,668	For
Principal	17,110,587	For
Legg Mason	16,683,468	For
INTERNATIONAL GROWTH & INCOME FUND	13,409,340	For
State Street	10,647,707	For
RWC Asset Management LLP	10,529,264	For
AQR	9,730,007	For
Equitable	9,672,314	For
Goldman Sachs	9,312,493	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	7,278,160	For
OLD WESTBURY FUNDS INC	6,522,727	For
Putnam	5,253,941	For
Brighthouse	5,160,218	For
JANUS ASPEN SERIES	4,974,340	For
Empower	4,810,958	For
DWS	4,615,446	For
AIG/SunAmerica	4,383,023	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

29. Remuneration Policy

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 23 asset managers below cast 99.9% of the shares they voted on this item FOR (75,477,926 for, 668 against).

FOR: 75,477,926 (100.0%)AGAINST: 668 (0.0%)

Largest asset managers voting on “Remuneration Policy” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	26,305,472	0	For
Union Investment Privatfonds GmbH	16,666,777	0	For
SEI	7,139,617	0	For
Mercer Funds	5,699,293	0	For
Prudential/PGIM	4,461,870	0	For
Russell Investments	3,174,971	0	For
Neuberger Berman	3,165,900	0	For
Hartford	2,127,974	0	For
Adviser Managed Trust	1,925,416	0	For
Federated Hermes	1,498,720	0	For
Empower	1,377,900	0	For
SEI Exchange Traded Funds	971,258	0	For
Union Investment Institutional GmbH	610,690	0	For
Equitable	137,631	0	For
Morningstar Funds Trust	97,613	0	For
Datum One Series Trust	87,491	0	For
Brighthouse	15,860	0	For
Global X	9,782	0	For
ETFis Series Trust I	2,072	0	For
Northern Lights Fund Trust IV	759	0	For
Genus Capital Management Inc.	0	668	Against
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	600	0	For
PACE SELECT ADVISORS TRUST	260	0	For

30. Remuneration Report

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 23 asset managers below cast 99.9% of the shares they voted on this item FOR (75,477,926 for, 668 against).

FOR: 75,477,926 (100.0%)AGAINST: 668 (0.0%)

Largest asset managers voting on “Remuneration Report” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	26,305,472	0	For
Union Investment Privatfonds GmbH	16,666,777	0	For
SEI	7,139,617	0	For
Mercer Funds	5,699,293	0	For
Prudential/PGIM	4,461,870	0	For
Russell Investments	3,174,971	0	For
Neuberger Berman	3,165,900	0	For
Hartford	2,127,974	0	For
Adviser Managed Trust	1,925,416	0	For
Federated Hermes	1,498,720	0	For
Empower	1,377,900	0	For
SEI Exchange Traded Funds	971,258	0	For
Union Investment Institutional GmbH	610,690	0	For
Equitable	137,631	0	For
Morningstar Funds Trust	97,613	0	For
Datum One Series Trust	87,491	0	For
Brighthouse	15,860	0	For
Global X	9,782	0	For
ETFis Series Trust I	2,072	0	For
Northern Lights Fund Trust IV	759	0	For
Genus Capital Management Inc.	0	668	Against
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	600	0	For
PACE SELECT ADVISORS TRUST	260	0	For

31. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Accounts and Reports” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

32. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Appointment of Auditor” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

33. Authorisation of Political Donations

OTHER SOCIAL ISSUES

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Authorisation of Political Donations” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

34. Authority to Issue Equity Convertible Notes w/ Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Authority to Issue Equity Convertible Notes w/ Preemptive Rights” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

35. Authority to Issue Equity Convertible Notes w/o Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Authority to Issue Equity Convertible Notes w/o Preemptive Rights” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

36. Authority to Issue Shares w/ Preemptive Rights

CAPITAL STRUCTURE

99.8% fund support · no official result

FOR 99.8%

The 19 asset managers below cast 99.8% of the shares they voted on this item FOR (58,112,368 for, 87,491 against).

FOR: 58,112,368 (99.8%)AGAINST: 87,491 (0.2%)

Largest asset managers voting on “Authority to Issue Shares w/ Preemptive Rights” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	26,305,472	0	For
SEI	7,139,617	0	For
Mercer Funds	5,699,293	0	For
Prudential/PGIM	4,461,870	0	For
Russell Investments	3,174,971	0	For
Neuberger Berman	3,165,900	0	For
Hartford	2,127,974	0	For
Adviser Managed Trust	1,925,416	0	For
Federated Hermes	1,498,720	0	For
Empower	1,377,900	0	For
SEI Exchange Traded Funds	971,258	0	For
Equitable	137,631	0	For
Morningstar Funds Trust	97,613	0	For
Datum One Series Trust	0	87,491	Against
Brighthouse	15,860	0	For
Global X	9,782	0	For
ETFis Series Trust I	2,072	0	For
Northern Lights Fund Trust IV	759	0	For
PACE SELECT ADVISORS TRUST	260	0	For

37. Authority to Issue Shares w/o Preemptive Rights

CAPITAL STRUCTURE

92% fund support · no official result

FOR 92%8%

The 19 asset managers below cast 92% of the shares they voted on this item FOR (53,737,989 for, 4,461,870 against).

FOR: 53,737,989 (92.3%)AGAINST: 4,461,870 (7.7%)

Largest asset managers voting on “Authority to Issue Shares w/o Preemptive Rights” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	26,305,472	0	For
SEI	7,139,617	0	For
Mercer Funds	5,699,293	0	For
Prudential/PGIM	0	4,461,870	Against
Russell Investments	3,174,971	0	For
Neuberger Berman	3,165,900	0	For
Hartford	2,127,974	0	For
Adviser Managed Trust	1,925,416	0	For
Federated Hermes	1,498,720	0	For
Empower	1,377,900	0	For
SEI Exchange Traded Funds	971,258	0	For
Equitable	137,631	0	For
Morningstar Funds Trust	97,613	0	For
Datum One Series Trust	87,491	0	For
Brighthouse	15,860	0	For
Global X	9,782	0	For
ETFis Series Trust I	2,072	0	For
Northern Lights Fund Trust IV	759	0	For
PACE SELECT ADVISORS TRUST	260	0	For

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

CAPITAL STRUCTURE

92% fund support · no official result

FOR 92%8%

The 19 asset managers below cast 92% of the shares they voted on this item FOR (53,650,498 for, 4,549,361 against).

FOR: 53,650,498 (92.2%)AGAINST: 4,549,361 (7.8%)

Largest asset managers voting on “Authority to Issue Shares w/o Preemptive Rights (Specified Capital Investment)” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	26,305,472	0	For
SEI	7,139,617	0	For
Mercer Funds	5,699,293	0	For
Prudential/PGIM	0	4,461,870	Against
Russell Investments	3,174,971	0	For
Neuberger Berman	3,165,900	0	For
Hartford	2,127,974	0	For
Adviser Managed Trust	1,925,416	0	For
Federated Hermes	1,498,720	0	For
Empower	1,377,900	0	For
SEI Exchange Traded Funds	971,258	0	For
Equitable	137,631	0	For
Morningstar Funds Trust	97,613	0	For
Datum One Series Trust	0	87,491	Against
Brighthouse	15,860	0	For
Global X	9,782	0	For
ETFis Series Trust I	2,072	0	For
Northern Lights Fund Trust IV	759	0	For
PACE SELECT ADVISORS TRUST	260	0	For

39. Authority to Repurchase Preference Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Authority to Repurchase Preference Shares” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

40. Authority to Repurchase Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 19 asset managers below cast 100% of the shares they voted on this item FOR (58,199,859 for, 0 against).

FOR: 58,199,859 (100.0%)

Largest asset managers voting on “Authority to Repurchase Shares” at NATWEST GROUP PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	26,305,472	For
SEI	7,139,617	For
Mercer Funds	5,699,293	For
Prudential/PGIM	4,461,870	For
Russell Investments	3,174,971	For
Neuberger Berman	3,165,900	For
Hartford	2,127,974	For
Adviser Managed Trust	1,925,416	For
Federated Hermes	1,498,720	For
Empower	1,377,900	For
SEI Exchange Traded Funds	971,258	For
Equitable	137,631	For
Morningstar Funds Trust	97,613	For
Datum One Series Trust	87,491	For
Brighthouse	15,860	For
Global X	9,782	For
ETFis Series Trust I	2,072	For
Northern Lights Fund Trust IV	759	For
PACE SELECT ADVISORS TRUST	260	For

Showing the 40 reported items with the widest manager coverage, of 83 in total. View every item.

Largest NATWEST GROUP PLC shareholders voting in 2024-2025

Ranked by the number of NATWEST GROUP PLC shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top NATWEST GROUP PLC shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Natixis	12,235,789
2	Northern Trust	3,284,234
3	RAYMOND JAMES & ASSOCIATES	2,866,473
4	BlackRock	1,891,088
5	ENVESTNET ASSET MANAGEMENT INC	1,621,492
6	LPL Financial LLC	392,463
7	MERCER GLOBAL ADVISORS INC /ADV	256,051
8	TRUST FOR PROFESSIONAL MANAGERS	252,097
9	PNC BANK, NATIONAL ASSOCIATION	175,858
10	ADVISOR PARTNERS II, LLC	147,588

Shown as share counts, not percentages: no shares-outstanding figure has been matched to NATWEST GROUP PLC for the 2024-2025 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 2025-04-23, in the 2024-2025 proxy season, 243 asset managers reported how they voted in their SEC Form N-PX filings, covering 12,394 separate fund positions. Their filings are grouped here into 83 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 — To approve the Annual remuneration report in the Directors' remuneration report — the reporting funds cast 99.9% 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 · 2024-2025 (this page) · 2025-2026.