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Home › Companies › Orsted A/S › 2024-2025

Orsted A/S 2024-2025 Proxy Voting Records

At Orsted A/S's shareholder meeting held April 3, 2025, in the 2024-2025 proxy season, 81 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,586 separate fund positions. Their filings are grouped here into 31 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 and managers cast 96% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 31Reported items
  • 81Asset managers
  • 2,586Fund votes
  • April 3, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Orsted A/S has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

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

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

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

Each item below shows how the 81 asset managers that disclosed a Orsted 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 Orsted 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. ELECT ANDREW BROWN (VICE CHAIR) AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 57 asset managers

The 57 asset managers below reported 11,099,913 for, 4,114,674 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,099,913ABSTAIN: 4,114,674
Largest asset managers voting on “ELECT ANDREW BROWN (VICE CHAIR) AS DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS00 1,606,7150Abstain
TEMPLETON GROWTH FUND INC00 1,562,8270Abstain
TIAA711,0000 00For
Franklin Templeton7,4700 537,8190Abstain
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial20,9450 95,8790Mixed
American Century00 104,7230Abstain
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust8,9320 80,2820Mixed
DWS73,8300 00For
Cohen & Steers00 57,2860Abstain
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

2. ELECT JUDITH HARTMANN AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 15,176,551 for, 38,036 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,176,551ABSTAIN: 38,036
Largest asset managers voting on “ELECT JUDITH HARTMANN AS NEW DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

3. ELECT JULIAN DAVID WALDRON AS NEW DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 15,176,551 for, 38,036 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,176,551ABSTAIN: 38,036
Largest asset managers voting on “ELECT JULIAN DAVID WALDRON AS NEW DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

4. ELECT LENE SKOLE (CHAIR) AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 14,781,742 for, 432,845 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,781,742ABSTAIN: 432,845
Largest asset managers voting on “ELECT LENE SKOLE (CHAIR) AS DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street00 288,8550Abstain
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial95,8790 20,9450Mixed
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers00 57,2860Abstain
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock30,1330 5,9010Mixed
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

5. REELECT ANNICA BRESKY AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 15,176,551 for, 38,036 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,176,551ABSTAIN: 38,036
Largest asset managers voting on “REELECT ANNICA BRESKY AS DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

6. REELECT JULIA KING AS DIRECTOR

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 15,176,551 for, 38,036 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,176,551ABSTAIN: 38,036
Largest asset managers voting on “REELECT JULIA KING AS DIRECTOR” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert00 37,1750Abstain
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

7. Elect Andrew Brown as Vice Chair

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Elect Andrew Brown as Vice Chair” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

8. Elect Annica Bresky

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Elect Annica Bresky” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

9. Elect Judith Hartmann

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Elect Judith Hartmann” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

10. Elect Julia King

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Elect Julia King” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

11. Elect Julian Waldron

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Elect Julian Waldron” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

12. Elect Lene Skole as Chair

No official resultsDIRECTOR ELECTIONS

99.8% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 842,738 for, 1,306 against, 12,339 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 842,738AGAINST: 1,306ABSTAIN: 12,339
Largest asset managers voting on “Elect Lene Skole as Chair” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS00 12,3390Abstain
Brighthouse0929 00Against
Russell Investments5110 00For
Prudential/PGIM0377 00Against
Adviser Managed Trust2500 00For

13. Board Size

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Board Size” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

14. Accept financial statements and statutory reports

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

15. Approve allocation of income and omission of dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: APPROVE ALLOCATION OF INCOME AND OMISSION OF DIVIDENDS

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “APPROVE ALLOCATION OF INCOME AND OMISSION OF DIVIDENDS” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

16. Approve discharge of management and board

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: APPROVE DISCHARGE OF MANAGEMENT AND BOARD

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “APPROVE DISCHARGE OF MANAGEMENT AND BOARD” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

17. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Accounts and Reports” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

18. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Allocation of Profits/Dividends” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

19. Ratification of Board and Management Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Ratification of Board and Management Acts” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

20. Receive report of board

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RECEIVE REPORT OF BOARD

The 7 asset managers below reported 100,106 abstained, 247,355 not voted, 1,075 unknown.

ABSTAIN: 100,106NOT VOTED: 247,355UNKNOWN: 1,075
Largest asset managers voting on “RECEIVE REPORT OF BOARD” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
NEW ALTERNATIVES FUND00 100,0000Abstain
Lincoln Financial00 00Not Voted
Empower00 00Not Voted
Brighthouse00 00Not Voted
First Trust00 00--
Advisors' Inner Circle Fund III00 1060Abstain

21. Other business

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: OTHER BUSINESS

The 7 asset managers below reported 100,106 abstained, 247,355 not voted, 1,075 unknown.

ABSTAIN: 100,106NOT VOTED: 247,355UNKNOWN: 1,075
Largest asset managers voting on “OTHER BUSINESS” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
NEW ALTERNATIVES FUND00 100,0000Abstain
Lincoln Financial00 00Not Voted
Empower00 00Not Voted
Brighthouse00 00Not Voted
First Trust00 00--
Advisors' Inner Circle Fund III00 1060Abstain

22. Approve guidelines for incentive-based compensation for executive management and board

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

96% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: APPROVE GUIDELINES FOR INCENTIVE-BASED COMPENSATION FOR EXECUTIVE MANAGEMENT AND BOARD

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 56 asset managers voting on “APPROVE GUIDELINES FOR INCENTIVE-BASED COMPENSATION FOR EXECUTIVE MANAGEMENT AND BOARD” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA0711,000 00Against
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Fund voting reports, all 56 managers: 14,497,032 for, 711,000 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “APPROVE GUIDELINES FOR INCENTIVE-BASED COMPENSATION FOR EXECUTIVE MANAGEMENT AND BOARD” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock4,571,4430 00For
RWC Asset Management LLP6,5550 00For

Institutional-manager reports, all 2 managers: 4,577,998 for.

23. Approve remuneration of directors in the amount of DKK 1.2 million for chair, DKK 800,000 for deputy chair and DKK…

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF DKK 1.2 MILLION FOR CHAIR, DKK 800,000 FOR DEPUTY CHAIR AND DKK 400,000 FOR OTHER DIRECTORS; APPROVE REMUNERATION FOR COMMITTEE WORK

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF DKK 1.2 MILLION FOR CHAIR, DKK 800,000 FOR DEPUTY CHAIR AND” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

24. Directors' Fees

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Directors' Fees” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

25. Approve remuneration report (advisory vote)

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

96% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 72 asset managers

Description as filed by funds: APPROVE REMUNERATION REPORT (ADVISORY VOTE)

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 56 asset managers voting on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,680,76574,744 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA0711,000 00Against
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower031,315 00Against
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Fund voting reports, all 56 managers: 14,388,865 for, 819,167 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 19 asset managers voting on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock4,571,4430 00For
Southpoint Capital Advisors LP846,4750 00For
BAILLIE GIFFORD & CO LTD00 660,0270Abstain
APG Asset Management US Inc.274,6410 00For
JPMorgan232,6240 00For
Northern Trust47,9350 00For
Desjardins Global Asset Management Inc.39,9500 00For
Treasurer of the State of North Carolina10,5330 00For
1832 Asset Management L.P.9,2320 00For
South Dakota Investment Council7,5600 00For
RWC Asset Management LLP6,5550 00For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd4,3630 00For
Korea Investment CORP3,8030 00For
Siemens Fonds Invest GmbH03,204 00Against
NATIONAL BANK TRUST INC.7670 00For
BAILLIE GIFFORD & CO3620 00For
UNION BANK & TRUST CO /NE/460 00For
NAPLES GLOBAL ADVISORS, LLC350 00For
XPONANCE, INC.10 00For

Institutional-manager reports, all 19 managers: 6,056,325 for, 3,204 against, 660,027 abstained.

26. Remuneration Policy

98% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 843,115 for, 13,268 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 843,115AGAINST: 13,268
Largest asset managers voting on “Remuneration Policy” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS012,339 00Against
Brighthouse0929 00Against
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

27. Remuneration Report

98% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 843,115 for, 13,268 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 843,115AGAINST: 13,268
Largest asset managers voting on “Remuneration Report” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS012,339 00Against
Brighthouse0929 00Against
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

28. Advisory Vote to Ratify Named Executive Officers' Compensation

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 2 asset managers

The 2 asset managers below reported 55,053 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 55,053
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
TD ASSET MANAGEMENT INC54,8700 00For
ANTIPODES PARTNERS Ltd1830 00For

29. Determine number of members (6) and deputy members (0) of board

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 57 asset managers

Description as filed by funds: DETERMINE NUMBER OF MEMBERS (6) AND DEPUTY MEMBERS (0) OF BOARD

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “DETERMINE NUMBER OF MEMBERS (6) AND DEPUTY MEMBERS (0) OF BOARD” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

30. Ratify PricewaterhouseCoopers as Auditor; Ratify PricewaterhouseCoopers as Authorized Sustainability Auditor

No official resultsAUDIT-RELATED

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 57 asset managers

The 57 asset managers below reported 15,214,587 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 15,214,587
Largest asset managers voting on “Ratify PricewaterhouseCoopers as Auditor; Ratify PricewaterhouseCoopers as Authorized Sustainability Auditor” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard4,755,5090 00For
BlackRock3,979,7390 00For
TEMPLETON FUNDS1,606,7150 00For
TEMPLETON GROWTH FUND INC1,562,8270 00For
TIAA711,0000 00For
Franklin Templeton545,2890 00For
State Street288,8550 00For
Six Circles Trust243,3060 00For
First Trust240,7030 00For
Dimensional181,9180 00For
Lincoln Financial116,8240 00For
American Century104,7230 00For
JPMorgan103,9750 00For
NEW ALTERNATIVES FUND100,0000 00For
Northern Trust89,2140 00For
DWS73,8300 00For
Cohen & Steers57,2860 00For
Advisors' Inner Circle Fund III48,1600 00For
Harbor ETF Trust45,2120 00For
Calvert37,1750 00For
John Hancock36,0340 00For
Principal33,7870 00For
Empower31,3150 00For
AIG/SunAmerica30,2980 00For
Equitable28,6640 00For

Showing the 25 largest of 57 asset managers. All 57 are in the interactive database (link above).

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

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 856,383 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 856,383
Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting” at Orsted A/S, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab582,8840 00For
IMPAX FUNDS SERIES TRUST I132,7650 00For
VanEck ETF Trust80,7400 00For
Global X45,5880 00For
GUINNESS ATKINSON FUNDS12,3390 00For
Brighthouse9290 00For
Russell Investments5110 00For
Prudential/PGIM3770 00For
Adviser Managed Trust2500 00For

Largest Orsted A/S shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Orsted A/S shareholders by shares voted on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)”, 2024-2025
#Asset manager Shares voted
1Vanguard 4,755,509
2BlackRock 3,979,739
3TEMPLETON FUNDS 1,606,715
4TEMPLETON GROWTH FUND INC 1,562,827
5TIAA 711,000
6Franklin Templeton 545,289
7State Street 288,855
8Six Circles Trust 243,306
9First Trust 240,703
10Dimensional 181,918
Institutional-manager reports: top Orsted A/S shareholders by shares voted on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)”, 2024-2025
#Asset manager Shares voted
1BlackRock 4,571,443
2Southpoint Capital Advisors LP 846,475
3BAILLIE GIFFORD & CO LTD 660,027
4APG Asset Management US Inc. 274,641
5JPMorgan 232,624
6Northern Trust 47,935
7Desjardins Global Asset Management Inc. 39,950
8Treasurer of the State of North Carolina 10,533
91832 Asset Management L.P. 9,232
10South Dakota Investment Council 7,560

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

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 November 8, 2026; a live search always shows the current data.

Orsted A/S proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “Orsted A/S 2025 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/orsted-a-s/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.