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Nestle SA 2025-2026 Proxy Voting Records

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

92Reported items
565Asset managers
15,358Fund votes
2026-04-16Meeting date

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

Explore Nestle SA in the interactive database Compare manager voting policies

How asset managers voted at the Nestle SA 2025-2026 meeting

Each item below shows how the 565 asset managers that disclosed a Nestle SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Nestle SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. 1B. Acceptance of the Compensation Report 2025 (advisory vote)

COMPENSATION

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 424 asset managers below cast 99.9% of the shares they voted on this item FOR (139,102,352 for, 59,992 against).

FOR: 139,102,352 (100.0%)AGAINST: 59,992 (0.0%)ABSTAIN: 6,311 (0.0%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “1B. Acceptance of the Compensation Report 2025 (advisory vote)” at Nestle SA, 2025-2026
Asset manager	For	Abstain	Vote
BlackRock	76,882,391	1,318	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	15,792,032	0	For
Six Circles Trust	6,109,593	0	For
Fiera Capital Corp	5,703,822	0	For
Bridge Builder Trust	5,204,268	0	For
GARDNER RUSSO & QUINN LLC	5,179,376	0	For
1832 Asset Management L.P.	5,086,304	0	For
Korea Investment CORP	1,684,450	0	For
Northern Trust	1,093,495	0	For
RAYMOND JAMES & ASSOCIATES	989,966	0	For
WELLS FARGO CLEARING SERVICES, LLC	953,989	0	For
ENVESTNET ASSET MANAGEMENT INC	819,959	0	For
John Hancock	814,809	0	For
BRISTOL JOHN W & CO INC /NY/	665,256	0	For
FIRST MANHATTAN CO. LLC.	631,635	0	For
Jackson National	614,897	0	For
PNC BANK, NATIONAL ASSOCIATION	564,833	0	For
Edward D. Jones & Co., L.P.	482,969	0	For
Natixis	480,622	0	For
SCOTIA CAPITAL INC.	475,117	0	For
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	458,897	0	For
Corient Private Wealth LP	443,311	0	For
Destination Wealth Management	413,661	0	For
WELLS FARGO BANK N A	295,714	0	For
SOUND SHORE MANAGEMENT INC /CT/	281,658	0	For

Showing the 25 largest of 424 asset managers. See all 424 in the interactive database.

2. Approve Remuneration Report (Non-Binding)

COMPENSATION

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (394,990,687 for, 4,970 against).

FOR: 394,990,687 (100.0%)AGAINST: 4,970 (0.0%)

Largest asset managers voting on “Approve Remuneration Report (Non-Binding)” at Nestle SA, 2025-2026
Asset manager	For	Vote
BlackRock	101,862,726	For
Vanguard	84,737,397	For
Capital Group	69,998,807	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
JPMorgan	12,261,084	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
APG Asset Management US Inc.	6,237,637	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

3. Approve Remuneration of Executive Committee in the Amount of CHF 55 Million

COMPENSATION

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 105 asset managers below cast 100% of the shares they voted on this item FOR (340,951,945 for, 0 against).

FOR: 340,951,945 (100.0%)

Largest asset managers voting on “Approve Remuneration of Executive Committee in the Amount of CHF 55 Million” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
APG Asset Management US Inc.	6,237,637	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For

Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.

4. Approve Remuneration of Directors in the Amount of CHF 10 Million

COMPENSATION

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 104 asset managers below cast 100% of the shares they voted on this item FOR (334,714,308 for, 0 against).

FOR: 334,714,308 (100.0%)

Largest asset managers voting on “Approve Remuneration of Directors in the Amount of CHF 10 Million” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 104 asset managers. See all 104 in the interactive database.

5. Accept Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

6. Appoint Luca Maestri as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,575,758 for, 4,970 against).

FOR: 334,575,758 (100.0%)AGAINST: 4,970 (0.0%)

Largest asset managers voting on “Appoint Luca Maestri as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

7. Appoint Marie-Gabrielle Ineichen-Fleisch as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,446,855 for, 133,873 against).

FOR: 334,446,855 (100.0%)AGAINST: 133,873 (0.0%)

Largest asset managers voting on “Appoint Marie-Gabrielle Ineichen-Fleisch as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

8. Appoint Renato Fassbind as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,580,728 for, 0 against).

FOR: 334,580,728 (100.0%)

Largest asset managers voting on “Appoint Renato Fassbind as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

9. Approve Allocation of Income and Dividends of CHF 3.10 per Share

CAPITAL STRUCTURE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of CHF 3.10 per Share” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

10. Approve Discharge of Board and Senior Management

CORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Approve Discharge of Board and Senior Management” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

11. Approve Non-Financial Report (Non-Binding)

CORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSION

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.3%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (332,564,400 for, 0 against).

FOR: 332,564,400 (99.4%)ABSTAIN: 2,031,473 (0.6%)

Largest asset managers voting on “Approve Non-Financial Report (Non-Binding)” at Nestle SA, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	84,737,397	0	For
Capital Group	69,998,807	0	For
BlackRock	54,048,208	0	For
Goldman Sachs	18,614,838	0	For
MFS	13,310,429	0	For
FIRST EAGLE FUNDS	10,978,082	0	For
EUPAC FUND	10,178,887	0	For
TIAA	7,283,606	0	For
JPMorgan	6,609,684	0	For
State Street	5,042,703	0	For
T. Rowe Price	5,019,646	0	For
Legg Mason	4,398,943	0	For
Fidelity	4,378,814	0	For
Franklin Custodian Funds	4,000,000	0	For
Dimensional	3,908,006	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	0	For
DWS	2,394,690	0	For
JANUS INVESTMENT FUND	2,263,305	0	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	0	For
GMO	1,791,402	0	For
Lincoln Financial	1,546,627	0	For
Thornburg	0	1,451,300	Abstain
Columbia Threadneedle	1,256,125	0	For
Franklin Templeton	1,083,997	0	For
AQR	1,061,438	0	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

12. Designate Hartmann Dreyer as Independent Proxy

CORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Designate Hartmann Dreyer as Independent Proxy” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

13. Elect Fatima Francisco as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Elect Fatima Francisco as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

14. Elect Thomas Jordan as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Elect Thomas Jordan as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

15. Ratify Ernst & Young AG as Auditors

AUDIT-RELATED

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,595,498 for, 375 against).

FOR: 334,595,498 (100.0%)AGAINST: 375 (0.0%)

Largest asset managers voting on “Ratify Ernst & Young AG as Auditors” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

16. Reappoint Dick Boer as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

99.7% fund support · no official result

FOR 99.7%

The 103 asset managers below cast 99.7% of the shares they voted on this item FOR (333,784,909 for, 795,819 against).

FOR: 333,784,909 (99.8%)AGAINST: 795,819 (0.2%)

Largest asset managers voting on “Reappoint Dick Boer as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

17. Reappoint Dinesh Paliwal as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

99.5% fund support · no official result

FOR 99.5%

The 103 asset managers below cast 99.5% of the shares they voted on this item FOR (333,190,730 for, 1,389,998 against).

FOR: 333,190,730 (99.6%)AGAINST: 1,389,998 (0.4%)

Largest asset managers voting on “Reappoint Dinesh Paliwal as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Against	Vote
Vanguard	84,737,397	0	For
Capital Group	69,998,807	0	For
BlackRock	54,048,208	0	For
Goldman Sachs	18,614,838	0	For
MFS	13,310,429	0	For
FIRST EAGLE FUNDS	10,978,082	0	For
EUPAC FUND	10,178,887	0	For
TIAA	7,283,606	0	For
JPMorgan	6,609,684	0	For
State Street	5,042,703	0	For
T. Rowe Price	5,019,646	0	For
Legg Mason	4,398,943	0	For
Fidelity	4,378,814	0	For
Franklin Custodian Funds	4,000,000	0	For
Dimensional	3,908,006	0	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	0	For
DWS	2,394,690	0	For
JANUS INVESTMENT FUND	2,263,305	0	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	0	For
GMO	1,791,402	0	For
Lincoln Financial	1,546,627	0	For
Thornburg	1,451,300	0	For
Columbia Threadneedle	0	1,256,125	Against
Franklin Templeton	1,083,997	0	For
AQR	1,061,438	0	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

18. Reappoint Patrick Aebischer as Member of the Compensation Committee

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,580,728 for, 0 against).

FOR: 334,580,728 (100.0%)

Largest asset managers voting on “Reappoint Patrick Aebischer as Member of the Compensation Committee” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

19. Reelect Chris Leong as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Chris Leong as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

20. Reelect Dick Boer as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

99.7% fund support · no official result

FOR 99.7%

The 103 asset managers below cast 99.7% of the shares they voted on this item FOR (333,795,084 for, 800,789 against).

FOR: 333,795,084 (99.8%)AGAINST: 800,789 (0.2%)

Largest asset managers voting on “Reelect Dick Boer as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

21. Reelect Dinesh Paliwal as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,457,030 for, 138,843 against).

FOR: 334,457,030 (100.0%)AGAINST: 138,843 (0.0%)

Largest asset managers voting on “Reelect Dinesh Paliwal as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

22. Reelect Geraldine Matchett as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Geraldine Matchett as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

23. Reelect Lindiwe Sibanda as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Lindiwe Sibanda as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

24. Reelect Luca Maestri as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,590,903 for, 4,970 against).

FOR: 334,590,903 (100.0%)AGAINST: 4,970 (0.0%)

Largest asset managers voting on “Reelect Luca Maestri as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

25. Reelect Marie-Gabrielle Ineichen-Fleisch as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 103 asset managers below cast 99.9% of the shares they voted on this item FOR (334,457,030 for, 138,843 against).

FOR: 334,457,030 (100.0%)AGAINST: 138,843 (0.0%)

Largest asset managers voting on “Reelect Marie-Gabrielle Ineichen-Fleisch as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

26. Reelect Pablo Isla as Director and Board Chair

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

99.6% fund support · no official result

FOR 99.6%

The 103 asset managers below cast 99.6% of the shares they voted on this item FOR (333,314,772 for, 1,281,101 against).

FOR: 333,314,772 (99.6%)AGAINST: 1,281,101 (0.4%)

Largest asset managers voting on “Reelect Pablo Isla as Director and Board Chair” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

27. Reelect Patrick Aebischer as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Patrick Aebischer as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

28. Reelect Rainer Blair as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Rainer Blair as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

29. Reelect Renato Fassbind as Director

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (334,595,873 for, 0 against).

FOR: 334,595,873 (100.0%)

Largest asset managers voting on “Reelect Renato Fassbind as Director” at Nestle SA, 2025-2026
Asset manager	For	Vote
Vanguard	84,737,397	For
Capital Group	69,998,807	For
BlackRock	54,048,208	For
Goldman Sachs	18,614,838	For
MFS	13,310,429	For
FIRST EAGLE FUNDS	10,978,082	For
EUPAC FUND	10,178,887	For
TIAA	7,283,606	For
JPMorgan	6,609,684	For
State Street	5,042,703	For
T. Rowe Price	5,019,646	For
Legg Mason	4,398,943	For
Fidelity	4,378,814	For
Franklin Custodian Funds	4,000,000	For
Dimensional	3,908,006	For
FRANKLIN MUTUAL SERIES FUNDS	2,562,429	For
DWS	2,394,690	For
JANUS INVESTMENT FUND	2,263,305	For
INTERNATIONAL GROWTH & INCOME FUND	2,260,930	For
GMO	1,791,402	For
Lincoln Financial	1,546,627	For
Thornburg	1,451,300	For
Columbia Threadneedle	1,256,125	For
Franklin Templeton	1,083,997	For
AQR	1,061,438	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

30. Transact Other Business (Voting)

CORPORATE GOVERNANCE

Meeting held 2026-04-16; no official results are on file for this meeting.

1% fund support · no official result

AGAINST 83%ABSTAIN 16%

The 102 asset managers below cast 1% of the shares they voted on this item FOR (3,381,246 for, 276,120,019 against).

FOR: 3,381,246 (1.0%)AGAINST: 276,120,019 (82.5%)ABSTAIN: 55,079,290 (16.5%)

Largest asset managers voting on “Transact Other Business (Voting)” at Nestle SA, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	0	84,737,397	0	Against
Capital Group	0	69,998,807	0	Against
BlackRock	0	0	54,048,208	Abstain
Goldman Sachs	0	18,614,838	0	Against
MFS	0	13,310,429	0	Against
FIRST EAGLE FUNDS	0	10,978,082	0	Against
EUPAC FUND	0	10,178,887	0	Against
TIAA	0	7,283,606	0	Against
JPMorgan	0	6,609,684	0	Against
State Street	0	5,042,703	0	Against
T. Rowe Price	0	5,019,646	0	Against
Legg Mason	3,381,246	1,017,697	0	For
Fidelity	0	4,378,814	0	Against
Franklin Custodian Funds	0	4,000,000	0	Against
Dimensional	0	3,908,006	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	2,562,429	0	Against
DWS	0	2,394,690	0	Against
JANUS INVESTMENT FUND	0	2,263,305	0	Against
INTERNATIONAL GROWTH & INCOME FUND	0	2,260,930	0	Against
GMO	0	1,791,402	0	Against
Lincoln Financial	0	1,546,627	0	Against
Thornburg	0	1,451,300	0	Against
Columbia Threadneedle	0	1,256,125	0	Against
Franklin Templeton	0	1,083,997	0	Against
AQR	0	1,061,438	0	Against

Showing the 25 largest of 102 asset managers. See all 102 in the interactive database.

31. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: CHRIS LEONG

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 99.7% of the shares they voted on this item FOR (15,280,962 for, 34,868 against).

FOR: 15,280,962 (59.0%)AGAINST: 34,868 (0.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: CHRIS LEONG” at Nestle SA, 2025-2026
Asset manager	For	Against	Vote
Charles Schwab	0	0	Not Voted
Six Circles Trust	6,109,593	0	For
Bridge Builder Trust	5,204,268	0	For
Vanguard	729,583	0	For
John Hancock	814,809	0	For
Jackson National	614,897	0	For
Hartford	467,991	0	For
Russell Investments	0	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	0	For
Nationwide	0	0	Not Voted
BlackRock	232,534	0	For
Federated Hermes	216,035	0	For
Harbor ETF Trust	159,405	0	For
Venerable Variable Insurance Trust	0	0	Not Voted
Morningstar Funds Trust	89,850	0	For
SEI	0	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	0	For
PACE SELECT ADVISORS TRUST	0	0	Not Voted
Listed Funds Trust	59,234	0	For
Brighthouse	5,814	0	Not Voted
Advisors' Inner Circle Fund III	37,790	0	For
MUTUAL FUND SERIES TRUST	37,125	0	For
apricus wealth, LLC	0	34,437	Against
ADVISORS' INNER CIRCLE FUND	26,000	0	For
Pacer Funds Trust	20,527	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

32. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DICK BOER

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DICK BOER” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

33. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DINESH PALIWAL

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: DINESH PALIWAL” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

34. ELECTION TO THE BOARD OF DIRECTORS: MA FATIMA D. (FAMA) FRANCISCO

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “ELECTION TO THE BOARD OF DIRECTORS: MA FATIMA D. (FAMA) FRANCISCO” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

35. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: GERALDINE MATCHETT

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: GERALDINE MATCHETT” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

36. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LINDIWE MAJELE SIBANDA

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LINDIWE MAJELE SIBANDA” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

37. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LUCA MAESTRI

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 99.7% of the shares they voted on this item FOR (15,281,916 for, 34,868 against).

FOR: 15,281,916 (59.0%)AGAINST: 34,868 (0.1%)NOT VOTED: 10,583,993 (40.9%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: LUCA MAESTRI” at Nestle SA, 2025-2026
Asset manager	For	Against	Vote
Charles Schwab	0	0	Not Voted
Six Circles Trust	6,109,593	0	For
Bridge Builder Trust	5,204,268	0	For
Vanguard	729,583	0	For
John Hancock	814,809	0	For
Jackson National	614,897	0	For
Hartford	467,991	0	For
Russell Investments	0	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	0	For
Nationwide	0	0	Not Voted
BlackRock	232,534	0	For
Federated Hermes	216,035	0	For
Harbor ETF Trust	159,405	0	For
Venerable Variable Insurance Trust	0	0	Not Voted
Morningstar Funds Trust	89,850	0	For
SEI	0	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	0	For
PACE SELECT ADVISORS TRUST	0	0	Not Voted
Listed Funds Trust	59,234	0	For
Brighthouse	5,814	0	Not Voted
Advisors' Inner Circle Fund III	37,790	0	For
MUTUAL FUND SERIES TRUST	37,125	0	For
apricus wealth, LLC	0	34,437	Against
ADVISORS' INNER CIRCLE FUND	26,000	0	For
Pacer Funds Trust	20,527	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

38. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: MARIE-GABRIELLE INEICHEN-FLEISCH

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: MARIE-GABRIELLE INEICHEN-FLEISCH” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

39. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: PATRICK AEBISCHER

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 99.7% of the shares they voted on this item FOR (15,272,262 for, 43,568 against).

FOR: 15,272,262 (59.0%)AGAINST: 43,568 (0.2%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: PATRICK AEBISCHER” at Nestle SA, 2025-2026
Asset manager	For	Against	Vote
Charles Schwab	0	0	Not Voted
Six Circles Trust	6,109,593	0	For
Bridge Builder Trust	5,204,268	0	For
Vanguard	729,583	0	For
John Hancock	814,809	0	For
Jackson National	614,897	0	For
Hartford	467,991	0	For
Russell Investments	0	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	0	For
Nationwide	0	0	Not Voted
BlackRock	232,534	0	For
Federated Hermes	216,035	0	For
Harbor ETF Trust	159,405	0	For
Venerable Variable Insurance Trust	0	0	Not Voted
Morningstar Funds Trust	89,850	0	For
SEI	0	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	0	For
PACE SELECT ADVISORS TRUST	0	0	Not Voted
Listed Funds Trust	59,234	0	For
Brighthouse	5,814	0	Not Voted
Advisors' Inner Circle Fund III	29,090	8,700	For
MUTUAL FUND SERIES TRUST	37,125	0	For
apricus wealth, LLC	0	34,437	Against
ADVISORS' INNER CIRCLE FUND	26,000	0	For
Pacer Funds Trust	20,527	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

40. RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: RAINER BLAIR

DIRECTOR ELECTIONS

Meeting held 2026-04-16; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 59%NOT VOTED 41%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (15,315,830 for, 0 against).

FOR: 15,315,830 (59.1%)NOT VOTED: 10,583,993 (40.9%)UNKNOWN: 954 (0.0%)

Largest asset managers voting on “RE-ELECTION AS MEMBER OF THE BOARD OF DIRECTORS: RAINER BLAIR” at Nestle SA, 2025-2026
Asset manager	For	Vote
Charles Schwab	0	Not Voted
Six Circles Trust	6,109,593	For
Bridge Builder Trust	5,204,268	For
Vanguard	729,583	For
John Hancock	814,809	For
Jackson National	614,897	For
Hartford	467,991	For
Russell Investments	0	Not Voted
GENERAL AMERICAN INVESTORS CO INC	275,000	For
Nationwide	0	Not Voted
BlackRock	232,534	For
Federated Hermes	216,035	For
Harbor ETF Trust	159,405	For
Venerable Variable Insurance Trust	0	Not Voted
Morningstar Funds Trust	89,850	For
SEI	0	Not Voted
TRUST FOR PROFESSIONAL MANAGERS	66,519	For
PACE SELECT ADVISORS TRUST	0	Not Voted
Listed Funds Trust	59,234	For
Brighthouse	5,814	Not Voted
Advisors' Inner Circle Fund III	37,790	For
MUTUAL FUND SERIES TRUST	37,125	For
apricus wealth, LLC	34,437	For
ADVISORS' INNER CIRCLE FUND	26,000	For
Pacer Funds Trust	20,527	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 92 in total. View every item.

Largest Nestle SA shareholders voting in 2025-2026

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

Top Nestle SA shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	BlackRock	76,883,709
2	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	15,792,032
3	Six Circles Trust	6,109,593
4	Fiera Capital Corp	5,703,822
5	Bridge Builder Trust	5,204,268
6	GARDNER RUSSO & QUINN LLC	5,179,376
7	1832 Asset Management L.P.	5,086,304
8	Korea Investment CORP	1,684,450
9	Northern Trust	1,093,495
10	RAYMOND JAMES & ASSOCIATES	989,966

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

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Nestle SA's shareholder meeting held 2026-04-16, in the 2025-2026 proxy season, 565 asset managers reported how they voted in their SEC Form N-PX filings, covering 15,358 separate fund positions. Their filings are grouped here into 92 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 — 1B. Acceptance of the Compensation Report 2025 (advisory vote) — 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.

Nestle SA proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).