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Novonesis A/S 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

54Reported items
110Asset managers
4,123Fund votes
2025-04-03Meeting date

Proxy season: 2024-2025

Explore Novonesis A/S in the interactive database Compare manager voting policies

How asset managers voted at the Novonesis A/S 2024-2025 meeting

Each item below shows how the 110 asset managers that disclosed a Novonesis A/S 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 Novonesis A/S’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve Remuneration Report (Advisory Vote)

COMPENSATION

100% fund support · no official result

FOR 100%

The 48 asset managers below cast 100% of the shares they voted on this item FOR (33,664,830 for, 0 against).

FOR: 33,664,830 (100.0%)

Largest asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
APG Asset Management US Inc.	6,453,595	For
Dimensional	3,376,341	For
JPMorgan	2,935,895	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
Desjardins Global Asset Management Inc.	219,965	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

2. PRESENTATION AND ADVISORY VOTE ON THE REMUNERATION REPORT FOR 2024

COMPENSATION

Combines 2 wordings of this item as funds reported it.

99% fund support · no official result

FOR 98%

The 46 asset managers below cast 99% of the shares they voted on this item FOR (22,692,172 for, 316,048 against).

FOR: 22,692,172 (98.5%)AGAINST: 316,048 (1.4%)NOT VOTED: 34,893 (0.2%)

Largest asset managers voting on “PRESENTATION AND ADVISORY VOTE ON THE REMUNERATION REPORT FOR 2024” at Novonesis A/S, 2024-2025
Asset manager	For	Against	Vote
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	8,326,290	0	For
BlackRock	6,020,403	0	For
BAILLIE GIFFORD OVERSEAS LTD	2,532,983	316,048	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD & CO LTD	1,174,094	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
HARDING LOEVNER LP	537,705	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
Korea Investment CORP	233,265	0	For
Northern Trust	186,565	0	For
John Hancock	124,299	0	For
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	67,957	0	For
MAR VISTA INVESTMENT PARTNERS LLC	59,464	0	For
Jackson National	55,941	0	For
1832 Asset Management L.P.	39,060	0	For
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
Trium Capital LLP	25,467	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	0	For
Siemens Fonds Invest GmbH	16,583	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

3. Accept Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

4. Approve Allocation of Income and Dividends of DKK 4.2 Per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of DKK 4.2 Per Share” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

5. Approve Creation of DKK 93.7 Million Pool of Capital in B Shares without Preemptive Rights; DKK 93.7 Million Pool of Capital with Preemptive Rights; and Pool of Capital in Warrants without Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Approve Creation of DKK 93.7 Million Pool of Capital in B Shares without Preemptive Rights; DKK 93.7 Million P” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

6. Approve Remuneration of Directors in the Amount of DKK 1.7 Million for Chairman, DKK 1.13 Million for Vice Chairman and DKK 564,800 for Other Directors; Approve Remuneration for Committee Work

COMPENSATION

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Approve Remuneration of Directors in the Amount of DKK 1.7 Million for Chairman, DKK 1.13 Million for Vice Cha” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

7. Authorize Board to Decide on the Distribution of Extraordinary Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Authorize Board to Decide on the Distribution of Extraordinary Dividends” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

8. Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

9. Authorize Share Repurchase Program

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Authorize Share Repurchase Program” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

10. Elect Monila Kothari as New Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,018,304 for, 0 against).

FOR: 24,018,304 (99.8%)ABSTAIN: 37,071 (0.2%)

Largest asset managers voting on “Elect Monila Kothari as New Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	141,840	0	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	120,656	0	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	52,365	0	For
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

11. Ratify Ernst & Young as Auditors; Ratify Ernst & Young as Auditors for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,055,375 for, 0 against).

FOR: 24,055,375 (100.0%)

Largest asset managers voting on “Ratify Ernst & Young as Auditors; Ratify Ernst & Young as Auditors for Sustainability Reporting” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Vanguard	9,694,226	For
Dimensional	3,376,341	For
Fidelity	2,400,055	For
MFS	2,252,403	For
Putnam	1,303,990	For
TIAA	1,160,738	For
Artisan	837,779	For
State Street	599,702	For
Invesco	365,110	For
Brighthouse	287,502	For
WisdomTree	250,772	For
DWS	190,394	For
American Century	189,810	For
Empower	141,840	For
Columbia Threadneedle	132,717	For
Equitable	125,349	For
Northern Trust	120,656	For
Northwestern Mutual	82,750	For
AIG/SunAmerica	63,865	For
Capitol Series Trust	63,315	For
Voya	57,411	For
Eaton Vance	52,365	For
Lincoln Financial	48,472	For
Calvert	34,146	For
Nationwide	32,188	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

12. Reelect Cornelis (Cees) de Jong (Chair) as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 94%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (22,728,484 for, 0 against).

FOR: 22,728,484 (94.5%)ABSTAIN: 1,326,891 (5.5%)

Largest asset managers voting on “Reelect Cornelis (Cees) de Jong (Chair) as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	0	1,160,738	Abstain
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	79,021	62,819	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	100,929	19,727	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	52,365	0	For
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

13. Reelect Heine Dalsgaard (Vice Chair) as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 56%ABSTAIN 44%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (13,476,058 for, 0 against).

FOR: 13,476,058 (56.0%)ABSTAIN: 10,579,317 (44.0%)

Largest asset managers voting on “Reelect Heine Dalsgaard (Vice Chair) as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	0	3,376,341	Abstain
Fidelity	0	2,400,055	Abstain
MFS	0	2,252,403	Abstain
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	0	599,702	Abstain
Invesco	0	365,110	Abstain
Brighthouse	131,877	155,625	Abstain
WisdomTree	0	250,772	Abstain
DWS	0	190,394	Abstain
American Century	0	189,810	Abstain
Empower	0	141,840	Abstain
Columbia Threadneedle	132,717	0	For
Equitable	88,621	36,728	For
Northern Trust	0	120,656	Abstain
Northwestern Mutual	0	82,750	Abstain
AIG/SunAmerica	0	63,865	Abstain
Capitol Series Trust	63,315	0	For
Voya	0	57,411	Abstain
Eaton Vance	0	52,365	Abstain
Lincoln Financial	0	48,472	Abstain
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

14. Reelect Kasim Kutay as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 65%ABSTAIN 35%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (15,670,804 for, 0 against).

FOR: 15,670,804 (65.1%)ABSTAIN: 8,384,571 (34.9%)

Largest asset managers voting on “Reelect Kasim Kutay as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	0	3,376,341	Abstain
Fidelity	2,274,968	125,087	For
MFS	0	2,252,403	Abstain
Putnam	1,303,990	0	For
TIAA	0	1,160,738	Abstain
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	131,877	155,625	Abstain
WisdomTree	0	250,772	Abstain
DWS	0	190,394	Abstain
American Century	0	189,810	Abstain
Empower	59,712	82,128	Abstain
Columbia Threadneedle	132,717	0	For
Equitable	88,621	36,728	For
Northern Trust	0	120,656	Abstain
Northwestern Mutual	0	82,750	Abstain
AIG/SunAmerica	0	63,865	Abstain
Capitol Series Trust	63,315	0	For
Voya	0	57,411	Abstain
Eaton Vance	0	52,365	Abstain
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

15. Reelect Kevin Lane as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,018,304 for, 0 against).

FOR: 24,018,304 (99.8%)ABSTAIN: 37,071 (0.2%)

Largest asset managers voting on “Reelect Kevin Lane as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	141,840	0	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	120,656	0	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	52,365	0	For
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

16. Reelect Kim Stratton as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.5%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (23,940,107 for, 0 against).

FOR: 23,940,107 (99.5%)ABSTAIN: 115,268 (0.5%)

Largest asset managers voting on “Reelect Kim Stratton as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	141,840	0	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	100,929	19,727	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	23,175	29,190	Abstain
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

17. Reelect Lise Kaae as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,018,304 for, 0 against).

FOR: 24,018,304 (99.8%)ABSTAIN: 37,071 (0.2%)

Largest asset managers voting on “Reelect Lise Kaae as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	141,840	0	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	120,656	0	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	52,365	0	For
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

18. Reelect Morten Otto Alexander Sommer as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.8%

The 45 asset managers below cast 100% of the shares they voted on this item FOR (24,018,304 for, 0 against).

FOR: 24,018,304 (99.8%)ABSTAIN: 37,071 (0.2%)

Largest asset managers voting on “Reelect Morten Otto Alexander Sommer as Director” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	9,694,226	0	For
Dimensional	3,376,341	0	For
Fidelity	2,400,055	0	For
MFS	2,252,403	0	For
Putnam	1,303,990	0	For
TIAA	1,160,738	0	For
Artisan	837,779	0	For
State Street	599,702	0	For
Invesco	365,110	0	For
Brighthouse	287,502	0	For
WisdomTree	250,772	0	For
DWS	190,394	0	For
American Century	189,810	0	For
Empower	141,840	0	For
Columbia Threadneedle	132,717	0	For
Equitable	125,349	0	For
Northern Trust	120,656	0	For
Northwestern Mutual	82,750	0	For
AIG/SunAmerica	63,865	0	For
Capitol Series Trust	63,315	0	For
Voya	57,411	0	For
Eaton Vance	52,365	0	For
Lincoln Financial	48,472	0	For
Calvert	0	34,146	Abstain
Nationwide	32,188	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

19. Approval of the remuneration of members of the Board of Directors for 2025

COMPENSATION

99.9% fund support · no official result

FOR 99.8%

The 28 asset managers below cast 99.9% of the shares they voted on this item FOR (33,355,999 for, 12,639 against).

FOR: 33,355,999 (99.9%)AGAINST: 12,639 (0.0%)NOT VOTED: 34,587 (0.1%)

Largest asset managers voting on “Approval of the remuneration of members of the Board of Directors for 2025” at Novonesis A/S, 2024-2025
Asset manager	For	Against	Vote
BlackRock	21,504,792	0	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	8,326,290	0	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
John Hancock	124,299	0	For
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	67,957	0	For
Jackson National	55,941	0	For
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
Trium Capital LLP	25,467	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	0	For
Guardian Variable Products Trust	14,182	0	For
Managed Account Series	13,769	0	For
GREEN CENTURY FUNDS	0	12,639	Against
RBC FUNDS TRUST	5,576	0	For
TIMOTHY PLAN	5,272	0	For
Lincoln Financial	4,977	0	For
Touchstone ETF Trust	4,093	0	For
RBB FUND, INC.	1,601	0	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

20. AUTHORIZATION TO THE CHAIR OF THE MEETING

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “AUTHORIZATION TO THE CHAIR OF THE MEETING” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

21. ELECTION OF AUDITOR EY GODKENDT REVISIONSPARTNERSELSKAB

AUDIT-RELATED

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “ELECTION OF AUDITOR EY GODKENDT REVISIONSPARTNERSELSKAB” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

22. ELECTION OF OTHER BOARD MEMBER: MONILA KOTHARI

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “ELECTION OF OTHER BOARD MEMBER: MONILA KOTHARI” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

23. PRESENTATION AND APPROVAL OF THE AUDITED ANNUAL REPORT FOR 2024

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “PRESENTATION AND APPROVAL OF THE AUDITED ANNUAL REPORT FOR 2024” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

24. PROPOSALS FROM THE BOARD OF DIRECTORS: AUTHORIZATIONS TO THE BOARD OF DIRECTORS FOR DISTRIBUTION OF EXTRAORDINARY DIVIDEND

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTORS: AUTHORIZATIONS TO THE BOARD OF DIRECTORS FOR DISTRIBUTION OF EXTRAORDIN” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

25. PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF AUTHORIZATIONS TO THE BOARD OF DIRECTORS FOR THE COMPANY TO ACQUIRE TREASURY SHARES

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF AUTHORIZATIONS TO THE BOARD OF DIRECTORS FOR THE COMPANY TO ” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

26. PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF AUTHORIZATIONS TO THE BOARD OF DIRECTORS TO IMPLEMENT CAPITAL INCREASES

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF AUTHORIZATIONS TO THE BOARD OF DIRECTORS TO IMPLEMENT CAPITA” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

27. RE-ELECTION OF CHAIR: CORNELIS (CEES) DE JONG

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 98%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,349,832 for, 0 against).

FOR: 9,349,832 (97.7%)ABSTAIN: 182,529 (1.9%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF CHAIR: CORNELIS (CEES) DE JONG” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	5,882,542	137,861	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
John Hancock	124,299	0	For
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	67,957	0	For
Jackson National	49,577	6,364	For
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	18,289	Abstain
Guardian Variable Products Trust	14,182	0	For
Managed Account Series	0	13,769	Abstain
GREEN CENTURY FUNDS	12,639	0	For
RBC FUNDS TRUST	5,576	0	For
TIMOTHY PLAN	5,272	0	For
Lincoln Financial	0	4,977	Abstain
Touchstone ETF Trust	4,093	0	For
RBB FUND, INC.	1,601	0	For
Krane Shares Trust	0	1,269	Abstain
Calamos	1,155	0	For

28. RE-ELECTION OF OTHER BOARD MEMBER: KASIM KUTAY

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 97%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,319,393 for, 0 against).

FOR: 9,319,393 (97.4%)ABSTAIN: 212,968 (2.2%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF OTHER BOARD MEMBER: KASIM KUTAY” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	6,020,403	0	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
John Hancock	36,716	87,583	Abstain
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	20,349	47,608	Abstain
Jackson National	7,391	48,550	Abstain
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	18,289	Abstain
Guardian Variable Products Trust	14,182	0	For
Managed Account Series	13,769	0	For
GREEN CENTURY FUNDS	12,639	0	For
RBC FUNDS TRUST	0	5,576	Abstain
TIMOTHY PLAN	5,272	0	For
Lincoln Financial	4,977	0	For
Touchstone ETF Trust	0	4,093	Abstain
RBB FUND, INC.	1,601	0	For
Krane Shares Trust	0	1,269	Abstain
Calamos	1,155	0	For

29. RE-ELECTION OF OTHER BOARD MEMBER: KEVIN LANE

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF OTHER BOARD MEMBER: KEVIN LANE” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

30. RE-ELECTION OF OTHER BOARD MEMBER: KIM STRATTON

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 97%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,321,782 for, 0 against).

FOR: 9,321,782 (97.4%)ABSTAIN: 210,579 (2.2%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF OTHER BOARD MEMBER: KIM STRATTON” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	5,882,542	137,861	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
John Hancock	124,299	0	For
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	20,349	47,608	Abstain
Jackson National	49,577	6,364	For
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	0	For
Guardian Variable Products Trust	14,182	0	For
Managed Account Series	0	13,769	Abstain
GREEN CENTURY FUNDS	12,639	0	For
RBC FUNDS TRUST	5,576	0	For
TIMOTHY PLAN	5,272	0	For
Lincoln Financial	0	4,977	Abstain
Touchstone ETF Trust	4,093	0	For
RBB FUND, INC.	1,601	0	For
Krane Shares Trust	1,269	0	For
Calamos	1,155	0	For

31. RE-ELECTION OF OTHER BOARD MEMBER: LISE KAAE

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF OTHER BOARD MEMBER: LISE KAAE” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

32. RE-ELECTION OF OTHER BOARD MEMBER: MORTEN OTTO ALEXANDER SOMMER

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF OTHER BOARD MEMBER: MORTEN OTTO ALEXANDER SOMMER” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

33. RE-ELECTION OF VICE CHAIR: HEINE DALSGAARD

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 97%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,267,468 for, 0 against).

FOR: 9,267,468 (96.9%)ABSTAIN: 264,893 (2.8%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RE-ELECTION OF VICE CHAIR: HEINE DALSGAARD” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	6,020,403	0	For
HARDING LOEVNER FUNDS INC	1,643,268	0	For
BAILLIE GIFFORD FUNDS	554,527	0	For
Six Circles Trust	353,572	0	For
Brighthouse	346,617	0	For
John Hancock	0	124,299	Abstain
Vanguard	106,027	0	For
OPTIMUM FUND TRUST	96,545	0	For
Bridge Builder Trust	20,349	47,608	Abstain
Jackson National	6,364	49,577	Abstain
Morningstar Funds Trust	0	0	Not Voted
Investment Managers Series Trust	30,000	0	For
Allianz	25,975	0	For
MASTER INVESTMENT PORTFOLIO	24,408	0	For
TRUST FOR PROFESSIONAL MANAGERS	0	18,289	Abstain
Guardian Variable Products Trust	0	14,182	Abstain
Managed Account Series	13,769	0	For
GREEN CENTURY FUNDS	12,639	0	For
RBC FUNDS TRUST	0	5,576	Abstain
TIMOTHY PLAN	5,272	0	For
Lincoln Financial	4,977	0	For
Touchstone ETF Trust	0	4,093	Abstain
RBB FUND, INC.	1,601	0	For
Krane Shares Trust	0	1,269	Abstain
Calamos	1,155	0	For

34. RESOLUTION ON DISTRIBUTION OF PROFIT IN ACCORDANCE WITH THE APPROVED ANNUAL REPORT

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.6%

The 25 asset managers below cast 100% of the shares they voted on this item FOR (9,532,361 for, 0 against).

FOR: 9,532,361 (99.6%)NOT VOTED: 34,587 (0.4%)

Largest asset managers voting on “RESOLUTION ON DISTRIBUTION OF PROFIT IN ACCORDANCE WITH THE APPROVED ANNUAL REPORT” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
BlackRock	6,020,403	For
HARDING LOEVNER FUNDS INC	1,643,268	For
BAILLIE GIFFORD FUNDS	554,527	For
Six Circles Trust	353,572	For
Brighthouse	346,617	For
John Hancock	124,299	For
Vanguard	106,027	For
OPTIMUM FUND TRUST	96,545	For
Bridge Builder Trust	67,957	For
Jackson National	55,941	For
Morningstar Funds Trust	0	Not Voted
Investment Managers Series Trust	30,000	For
Allianz	25,975	For
MASTER INVESTMENT PORTFOLIO	24,408	For
TRUST FOR PROFESSIONAL MANAGERS	18,289	For
Guardian Variable Products Trust	14,182	For
Managed Account Series	13,769	For
GREEN CENTURY FUNDS	12,639	For
RBC FUNDS TRUST	5,576	For
TIMOTHY PLAN	5,272	For
Lincoln Financial	4,977	For
Touchstone ETF Trust	4,093	For
RBB FUND, INC.	1,601	For
Krane Shares Trust	1,269	For
Calamos	1,155	For

35. Directors' Fees

COMPENSATION

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (1,365,873 for, 0 against).

FOR: 1,365,873 (100.0%)

Largest asset managers voting on “Directors' Fees” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Charles Schwab	1,009,453	For
Union Investment Privatfonds GmbH	123,600	For
Russell Investments	66,606	For
Brown Capital Management Mutual Funds	40,821	For
Mercer Funds	28,111	For
Capitol Series Trust	22,904	For
Hartford	21,998	For
SEI	21,774	For
Neuberger Berman	16,915	For
Union Investment Institutional GmbH	6,720	For
Morningstar Funds Trust	3,822	For
Brighthouse	1,900	For
Prudential/PGIM	764	For
Adviser Managed Trust	485	For

36. Remuneration Report

COMPENSATION

90% fund support · no official result

FOR 90%10%

The 14 asset managers below cast 90% of the shares they voted on this item FOR (1,235,553 for, 130,320 against).

FOR: 1,235,553 (90.5%)AGAINST: 130,320 (9.5%)

Largest asset managers voting on “Remuneration Report” at Novonesis A/S, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	1,009,453	0	For
Union Investment Privatfonds GmbH	0	123,600	Against
Russell Investments	66,606	0	For
Brown Capital Management Mutual Funds	40,821	0	For
Mercer Funds	28,111	0	For
Capitol Series Trust	22,904	0	For
Hartford	21,998	0	For
SEI	21,774	0	For
Neuberger Berman	16,915	0	For
Union Investment Institutional GmbH	0	6,720	Against
Morningstar Funds Trust	3,822	0	For
Brighthouse	1,900	0	For
Prudential/PGIM	764	0	For
Adviser Managed Trust	485	0	For

37. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (1,235,553 for, 0 against).

FOR: 1,235,553 (100.0%)

Largest asset managers voting on “Accounts and Reports” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Charles Schwab	1,009,453	For
Russell Investments	66,606	For
Brown Capital Management Mutual Funds	40,821	For
Mercer Funds	28,111	For
Capitol Series Trust	22,904	For
Hartford	21,998	For
SEI	21,774	For
Neuberger Berman	16,915	For
Morningstar Funds Trust	3,822	For
Brighthouse	1,900	For
Prudential/PGIM	764	For
Adviser Managed Trust	485	For

38. Allocation of Profits/Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (1,235,553 for, 0 against).

FOR: 1,235,553 (100.0%)

Largest asset managers voting on “Allocation of Profits/Dividends” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Charles Schwab	1,009,453	For
Russell Investments	66,606	For
Brown Capital Management Mutual Funds	40,821	For
Mercer Funds	28,111	For
Capitol Series Trust	22,904	For
Hartford	21,998	For
SEI	21,774	For
Neuberger Berman	16,915	For
Morningstar Funds Trust	3,822	For
Brighthouse	1,900	For
Prudential/PGIM	764	For
Adviser Managed Trust	485	For

39. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 98%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (1,212,649 for, 0 against).

FOR: 1,212,649 (98.1%)ABSTAIN: 22,904 (1.9%)

Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting” at Novonesis A/S, 2024-2025
Asset manager	For	Abstain	Vote
Charles Schwab	1,009,453	0	For
Russell Investments	66,606	0	For
Brown Capital Management Mutual Funds	40,821	0	For
Mercer Funds	28,111	0	For
Capitol Series Trust	0	22,904	Abstain
Hartford	21,998	0	For
SEI	21,774	0	For
Neuberger Berman	16,915	0	For
Morningstar Funds Trust	3,822	0	For
Brighthouse	1,900	0	For
Prudential/PGIM	764	0	For
Adviser Managed Trust	485	0	For

40. Authority to Distribute Extraordinary Dividend

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (1,235,553 for, 0 against).

FOR: 1,235,553 (100.0%)

Largest asset managers voting on “Authority to Distribute Extraordinary Dividend” at Novonesis A/S, 2024-2025
Asset manager	For	Vote
Charles Schwab	1,009,453	For
Russell Investments	66,606	For
Brown Capital Management Mutual Funds	40,821	For
Mercer Funds	28,111	For
Capitol Series Trust	22,904	For
Hartford	21,998	For
SEI	21,774	For
Neuberger Berman	16,915	For
Morningstar Funds Trust	3,822	For
Brighthouse	1,900	For
Prudential/PGIM	764	For
Adviser Managed Trust	485	For

Showing the 40 reported items with the widest manager coverage, of 54 in total. View every item.

Largest Novonesis A/S shareholders voting in 2024-2025

Ranked by the number of Novonesis A/S shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top Novonesis A/S shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Vanguard	9,694,226
2	APG Asset Management US Inc.	6,453,595
3	Dimensional	3,376,341
4	JPMorgan	2,935,895
5	Fidelity	2,400,055
6	MFS	2,252,403
7	Putnam	1,303,990
8	TIAA	1,160,738
9	Artisan	837,779
10	State Street	599,702

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Novonesis A/S for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Novonesis A/S's shareholder meeting held 2025-04-03, in the 2024-2025 proxy season, 110 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,123 separate fund positions. Their filings are grouped here into 54 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report (Advisory Vote) — the reporting funds cast 100% 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.

Novonesis A/S proxy season coverage: 2024-2025 (this page).