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NISOURCE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and NISOURCE INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

20Reported items
735Asset managers
11,893Fund votes
2025-05-12Meeting date

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

Explore NISOURCE INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by NISOURCE INC.

These tallies are NISOURCE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

NISOURCE INC. — official shareholder meeting results, meeting held 2025-05-12
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Peter A. Altabef	404,108,436	2,688,855	650,793	--	25,240,290	Majority: yes
Elect Director: Sondra L. Barbour	404,303,386	2,217,745	926,953	--	25,240,290	Majority: yes
Elect Director: Theodore H. Bunting, Jr.	402,951,521	3,887,952	608,611	--	25,240,290	Majority: yes
Elect Director: Eric L. Butler	397,360,290	9,439,402	648,392	--	25,240,290	Majority: yes
Elect Director: Deborah A. Henretta	403,623,906	3,197,252	626,926	--	25,240,290	Majority: yes
Elect Director: Deborah A.P. Hersman	404,643,982	2,176,664	627,438	--	25,240,290	Majority: yes
Elect Director: Michael E. Jesanis	403,705,528	3,065,766	676,790	--	25,240,290	Majority: yes
Elect Director: William D. Johnson	403,913,297	2,873,648	661,139	--	25,240,290	Majority: yes
Elect Director: Kevin T. Kabat	389,440,200	17,372,094	635,790	--	25,240,290	Majority: yes
Elect Director: Cassandra S. Lee	404,577,685	2,241,907	628,492	--	25,240,290	Majority: yes
Elect Director: John McAvoy	404,755,331	2,082,609	610,144	--	25,240,290	Majority: yes
Elect Director: Lloyd M. Yates	404,032,780	2,776,958	638,346	--	25,240,290	Majority: yes
Proposal 2: Approval of Named Executive Officer Compensation on an Advisory Basis	390,097,828	14,074,664	3,275,592	--	--	Majority: yes
Proposal 3: Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2025	410,717,093	21,279,058	692,223	--	--	Majority: yes
Proposal 4: Stockholder Proposal Requesting to Support Special Shareholder Meeting Improvement	140,448,169	265,156,941	1,842,974	--	--	Majority: no

Source: NISOURCE INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the NISOURCE INC. 2024-2025 meeting

Each item below shows how the 735 asset managers that disclosed a NISOURCE INC. 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 NISOURCE INC.’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 NAMED EXECUTIVE OFFICER COMPENSATION ON AN ADVISORY BASIS.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 15 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 390,097,828AGAINST: 14,074,664

NISOURCE INC.’s own tally for this item (“Proposal 2: Approval of Named Executive Officer Compensation on an Advisory Basis”): 390,097,828 for, 14,074,664 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 83% for, 3% against (86% of the company cast a for/against vote).

The 723 asset managers below cast 99% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 98%

FOR: 98.1%AGAINST: 1.3%ABSTAIN: 0.6%NOT VOTED: 0.0%0: 0.0%

Largest asset managers voting on “TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ON AN ADVISORY BASIS.” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	59,516,887	9	2	For
T. Rowe Price	44,392,719	0	0	For
BlackRock	43,446,997	0	0	For
Fidelity	30,842,196	0	0	For
State Street	24,054,794	0	0	For
Invesco	12,374,816	0	0	For
Capital Group	12,169,439	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	11,894,408	0	0	For
Prudential/PGIM	11,571,432	0	0	For
JPMorgan	10,841,050	0	0	For
JENNISON ASSOCIATES LLC	10,291,910	0	0	For
Charles Schwab	8,251,910	0	0	For
Cohen & Steers	7,526,804	0	0	For
Thrivent	6,985,683	0	0	For
FRANKLIN ADVISERS INC	6,545,981	0	0	For
Franklin Custodian Funds	6,300,000	0	0	For
PICTET ASSET MANAGEMENT SA	4,811,221	0	0	For
Voya	4,793,088	0	0	For
Jackson National	4,135,870	0	0	For
Wellington	3,883,396	0	0	For
Northern Trust	3,843,231	0	0	For
RREEF AMERICA LLC	3,738,760	0	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	0	For
Legal & General Investment Management Ltd	60,103	2,962,686	0	Against
Soroban Capital Partners LP	2,917,949	0	0	For

Showing the 25 largest of 723 asset managers. See all 723 in the interactive database.

2. To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 5 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 410,717,093AGAINST: 21,279,058

NISOURCE INC.’s own tally for this item (“Proposal 3: Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2025”): 410,717,093 for, 21,279,058 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 87% for, 5% against (92% of the company cast a for/against vote).

The 157 asset managers below cast 99.4% of the shares they voted on this item FOR (215,191,215 for, 1,204,888 against).

FOR 99.4%

FOR: 215,191,215 (99.4%)AGAINST: 1,204,888 (0.6%)ABSTAIN: 69,554 (0.0%)

Largest asset managers voting on “To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting f” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,378,531	3,595	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,015	95	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

3. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Cassandra S. Lee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 7 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 404,577,685AGAINST: 2,241,907

NISOURCE INC.’s own tally for this item (“Elect Director: Cassandra S. Lee”): 404,577,685 for, 2,241,907 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.5% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,387,846 for, 35 against).

FOR 99.9%

FOR: 216,387,846 (100.0%)AGAINST: 35 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	1	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

4. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Deborah A. Henretta

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 8 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 403,623,906AGAINST: 3,197,252

NISOURCE INC.’s own tally for this item (“Elect Director: Deborah A. Henretta”): 403,623,906 for, 3,197,252 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.7% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,181,823 for, 206,059 against).

FOR 99.8%

FOR: 216,181,823 (99.9%)AGAINST: 206,059 (0.1%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

5. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Deborah A. P. Hersman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 404,643,982AGAINST: 2,176,664

NISOURCE INC.’s own tally for this item (“Elect Director: Deborah A.P. Hersman”): 404,643,982 for, 2,176,664 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.5% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,387,878 for, 3 against).

FOR 99.9%

FOR: 216,387,878 (100.0%)AGAINST: 3 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	1	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

6. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Eric L. Butler

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 397,360,290AGAINST: 9,439,402

NISOURCE INC.’s own tally for this item (“Elect Director: Eric L. Butler”): 397,360,290 for, 9,439,402 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 84% for, 2% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,374,735 for, 13,147 against).

FOR 99.9%

FOR: 216,374,735 (100.0%)AGAINST: 13,147 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,121	6	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

7. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: John McAvoy

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 9 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 404,755,331AGAINST: 2,082,609

NISOURCE INC.’s own tally for this item (“Elect Director: John McAvoy”): 404,755,331 for, 2,082,609 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.5% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,369,780 for, 18,101 against).

FOR 99.9%

FOR: 216,369,780 (100.0%)AGAINST: 18,101 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	1	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

8. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Kevin T. Kabat

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 389,440,200AGAINST: 17,372,094

NISOURCE INC.’s own tally for this item (“Elect Director: Kevin T. Kabat”): 389,440,200 for, 17,372,094 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 83% for, 4% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 98% of the shares they voted on this item FOR (213,110,095 for, 3,264,687 against).

FOR 98%

FOR: 213,110,095 (98.5%)AGAINST: 3,264,687 (1.5%)ABSTAIN: 82,654 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,378,535	3,591	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,309,789	406,110	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	0	1,247,400	Against

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

9. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Lloyd M. Yates

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 404,032,780AGAINST: 2,776,958

NISOURCE INC.’s own tally for this item (“Elect Director: Lloyd M. Yates”): 404,032,780 for, 2,776,958 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.6% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,369,780 for, 18,103 against).

FOR 99.9%

FOR: 216,369,780 (100.0%)AGAINST: 18,103 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

10. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Michael E. Jesanis

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 8 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 403,705,528AGAINST: 3,065,766

NISOURCE INC.’s own tally for this item (“Elect Director: Michael E. Jesanis”): 403,705,528 for, 3,065,766 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.7% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,382,846 for, 5,036 against).

FOR 99.9%

FOR: 216,382,846 (100.0%)AGAINST: 5,036 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

11. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Peter A. Altabef

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 404,108,436AGAINST: 2,688,855

NISOURCE INC.’s own tally for this item (“Elect Director: Peter A. Altabef”): 404,108,436 for, 2,688,855 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.6% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,374,779 for, 5 against).

FOR 99.9%

FOR: 216,374,779 (100.0%)AGAINST: 5 (0.0%)ABSTAIN: 82,654 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

12. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Sondra L. Barbour

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 7 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 404,303,386AGAINST: 2,217,745

NISOURCE INC.’s own tally for this item (“Elect Director: Sondra L. Barbour”): 404,303,386 for, 2,217,745 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.5% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,374,779 for, 3 against).

FOR 99.9%

FOR: 216,374,779 (100.0%)AGAINST: 3 (0.0%)ABSTAIN: 82,655 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	56,382,125	1	1	For
BlackRock	25,092,628	0	0	For
Fidelity	20,295,931	0	0	For
T. Rowe Price	18,397,302	0	0	For
Prudential/PGIM	10,505,442	0	0	For
State Street	8,425,110	0	0	For
Franklin Custodian Funds	6,300,000	0	0	For
Invesco	4,970,207	0	0	For
Cohen & Steers	4,247,375	0	0	For
Capital Group	4,204,213	0	0	For
Jackson National	4,135,870	0	0	For
Charles Schwab	4,091,585	0	0	For
Thrivent	3,461,813	0	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	0	For
DWS	2,406,571	0	0	For
Voya	2,107,797	0	0	For
First Trust	1,926,676	0	0	For
John Hancock	1,715,899	0	0	For
Dimensional	1,385,395	0	0	For
Goldman Sachs	1,301,395	0	0	For
PENN SERIES FUNDS INC	1,287,230	0	0	For
Hartford	1,247,400	0	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

13. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: Theodore H. Bunting, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 10 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 402,951,521AGAINST: 3,887,952

NISOURCE INC.’s own tally for this item (“Elect Director: Theodore H. Bunting, Jr.”): 402,951,521 for, 3,887,952 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.9% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,367,646 for, 20,236 against).

FOR 99.9%

FOR: 216,367,646 (100.0%)AGAINST: 20,236 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

14. To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respective successors have been elected or appointed and qualified: William D. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-12.

Combines 8 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 403,913,297AGAINST: 2,873,648

NISOURCE INC.’s own tally for this item (“Elect Director: William D. Johnson”): 403,913,297 for, 2,873,648 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 86% for, 0.7% against (86% of the company cast a for/against vote).

The 154 asset managers below cast 99.9% of the shares they voted on this item FOR (216,387,877 for, 5 against).

FOR 99.9%

FOR: 216,387,877 (100.0%)AGAINST: 5 (0.0%)ABSTAIN: 69,555 (0.0%)

Largest asset managers voting on “To elect twelve directors to hold office until the next Annual Stockholders' Meeting and until their respectiv” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	56,382,125	2	For
BlackRock	25,092,628	0	For
Fidelity	20,295,931	0	For
T. Rowe Price	18,397,302	0	For
Prudential/PGIM	10,505,442	0	For
State Street	8,425,110	0	For
Franklin Custodian Funds	6,300,000	0	For
Invesco	4,970,207	0	For
Cohen & Steers	4,247,375	0	For
Capital Group	4,204,213	0	For
Jackson National	4,135,870	0	For
Charles Schwab	4,091,585	0	For
Thrivent	3,461,813	0	For
REAVES UTILITY INCOME FUND	3,275,100	0	For
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	For
DNP SELECT INCOME FUND INC	2,660,666	0	For
DWS	2,406,571	0	For
Voya	2,107,797	0	For
First Trust	1,926,676	0	For
John Hancock	1,715,899	0	For
Dimensional	1,385,395	0	For
Goldman Sachs	1,301,395	0	For
PENN SERIES FUNDS INC	1,287,230	0	For
Hartford	1,247,400	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

15. To consider a stockholder proposal requesting to support special shareholder meeting improvement.

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2025-05-12.

Combines 2 wordings of this item as funds reported it.

35% Majority: no · of votes cast

FOR 35%AGAINST 65%

FOR: 140,448,169AGAINST: 265,156,941

NISOURCE INC.’s own tally for this item (“Proposal 4: Stockholder Proposal Requesting to Support Special Shareholder Meeting Improvement”): 140,448,169 for, 265,156,941 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 30% for, 56% against (86% of the company cast a for/against vote).

The 152 asset managers below cast 20% of the shares they voted on this item FOR (43,434,340 for, 172,568,503 against).

FOR 20%AGAINST 80%

FOR: 43,434,340 (20.1%)AGAINST: 172,568,503 (79.9%)ABSTAIN: 69,557 (0.0%)

Largest asset managers voting on “To consider a stockholder proposal requesting to support special shareholder meeting improvement.” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	10,237	56,371,889	1	Against
BlackRock	26,347	25,066,281	0	Against
Fidelity	11,800	20,284,131	0	Against
T. Rowe Price	0	18,397,302	0	Against
Prudential/PGIM	10,438,103	67,339	0	For
State Street	2,195	8,422,915	0	Against
Franklin Custodian Funds	6,300,000	0	0	For
Invesco	0	4,970,207	0	Against
Cohen & Steers	0	4,247,375	0	Against
Capital Group	4,204,213	0	0	For
Jackson National	0	4,135,870	0	Against
Charles Schwab	0	4,091,585	0	Against
Thrivent	32,663	3,429,150	0	Against
REAVES UTILITY INCOME FUND	0	3,275,100	0	Against
CITY NATIONAL ROCHDALE FUNDS	2,863,402	0	0	For
INVESTMENT CO OF AMERICA	2,670,489	0	0	For
DNP SELECT INCOME FUND INC	0	2,660,666	0	Against
DWS	2,406,571	0	0	For
Voya	0	2,107,797	0	Against
First Trust	1,926,676	0	0	For
John Hancock	1,008,175	707,724	0	For
Dimensional	0	1,385,395	0	Against
Goldman Sachs	169,323	1,132,072	0	Against
PENN SERIES FUNDS INC	0	1,287,230	0	Against
Hartford	1,247,400	0	0	For

Showing the 25 largest of 152 asset managers. See all 152 in the interactive database.

16. Reduce Ownership Threshold for Shareholders to Call Special Meeting

CORPORATE GOVERNANCE

Meeting held 2025-05-12.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (384,446 for, 0 against).

FOR: 384,446 (100.0%)

Largest asset managers voting on “Reduce Ownership Threshold for Shareholders to Call Special Meeting” at NISOURCE INC., 2024-2025
Asset manager	For	Vote
GuideStone	239,499	For
HC CAPITAL TRUST	72,854	For
Empower	64,993	For
CLEARWATER INVESTMENT TRUST	7,100	For

17. To approve named executive officer compensation on an advisory basis

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-05-13 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 347,388,459AGAINST: 11,849,767

NISOURCE INC.’s own tally for this item (“Proposal 2: Approval of Named Executive Officer Compensation on an Advisory Basis”): 347,388,459 for, 11,849,767 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 74% for, 3% against (76% of the company cast a for/against vote).

The 4 asset managers below cast 100% of the shares they voted on this item FOR (1,121,458 for, 0 against).

FOR 100%

FOR: 1,121,458 (100.0%)

Largest asset managers voting on “To approve named executive officer compensation on an advisory basis” at NISOURCE INC., 2024-2025
Asset manager	For	Vote
VAUGHAN DAVID INVESTMENTS LLC/IL	1,113,695	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	4,744	For
COLDSTREAM CAPITAL MANAGEMENT INC	3,019	For
Echo45 Advisors LLC	0	--

18. S/H Proposal - Corporate Governance

INVESTMENT COMPANY MATTERS

Meeting held 2025-05-12.

Combines 2 wordings of this item as funds reported it.

82% fund support · no official result

FOR 82%AGAINST 18%

The 3 asset managers below cast 82% of the shares they voted on this item FOR (7,849 for, 1,750 against).

FOR: 7,849 (81.8%)AGAINST: 1,750 (18.2%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Vote
Williamson Legacy Group, LLC	7,797	0	For
Members Trust Co	0	1,750	Against
Simplify Exchange Traded Funds	52	0	For

19. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-12.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Williamson Legacy Group, LLC	7,797	0	0	0	For
Simplify Exchange Traded Funds	52	0	0	0	For

20. To consider a stockholder proposal requesting that our Board of Directors amend bylaws requiring stockholder approval of director compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: no

Meeting held 2024-05-13 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

2% Majority: no · of votes cast

AGAINST 98%

FOR: 8,164,688AGAINST: 350,185,104

NISOURCE INC.’s own tally for this item (“Proposal 5: Stockholder Proposal Requesting that the Board Amend Bylaws Requiring Stockholder Approval of Director Compensation”): 8,164,688 for, 350,185,104 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 470,618,280 outstanding shares: 2% for, 74% against (76% of the company cast a for/against vote).

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 4,744 against).

AGAINST 100%

AGAINST: 4,744 (100.0%)

Largest asset managers voting on “To consider a stockholder proposal requesting that our Board of Directors amend bylaws requiring stockholder a” at NISOURCE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
CANTOR FITZGERALD INFRASTRUCTURE FUND	0	4,744	0	0	Against
Echo45 Advisors LLC	0	0	0	0	--

Largest NISOURCE INC. shareholders voting in 2024-2025

Ranked by the number of NISOURCE INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 470,618,280 shares outstanding at the time of that meeting.

Top NISOURCE INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	12.65%
2	T. Rowe Price	9.43%
3	BlackRock	9.23%
4	Fidelity	6.55%
5	State Street	5.11%
6	Invesco	2.63%
7	Capital Group	2.59%
8	GEODE CAPITAL MANAGEMENT, LLC	2.53%
9	Prudential/PGIM	2.46%
10	JPMorgan	2.30%

Reported NISOURCE INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

NISOURCE INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	12.93%	13F
T. Rowe Price Investment Management, Inc.	10.69%	13G
BlackRock	10.14%	13F
State Street	5.05%	13F
Geode Capital	2.58%	13F
FMR (Fidelity)	2.41%	13F
JPMorgan Chase	2.12%	13F
Invesco	1.68%	13F
Franklin Templeton	1.41%	13F
Goldman Sachs	1.18%	13F

Percentages above are of 470,618,280 shares outstanding, as reported by NISOURCE INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

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. Shares outstanding are taken from NISOURCE INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At NISOURCE INC.'s shareholder meeting held 2025-05-12, in the 2024-2025 proxy season, 735 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,893 separate fund positions. Their filings are grouped here into 20 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ON AN ADVISORY BASIS. — FOR was 97% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: NISOURCE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

NISOURCE INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.