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Home › Companies › RATIONAL AG › 2023-2024

RATIONAL AG 2023-2024 Proxy Voting Records

At RATIONAL AG's shareholder meeting held May 8, 2024, in the 2023-2024 proxy season, 83 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,143 separate fund positions. Their filings are grouped here into 24 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 — the reporting funds and managers cast 99% 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.

  • 24Reported items
  • 83Asset managers
  • 2,143Fund votes
  • May 8, 2024Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from RATIONAL AG 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 RATIONAL AG in the interactive database Compare manager voting policies

How asset managers voted at the RATIONAL AG 2023-2024 meeting

Each item below shows how the 83 asset managers that disclosed a RATIONAL AG 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 RATIONAL AG’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 CHRISTOPH LINTZ TO THE SUPERVISORY BOARD

No official resultsDIRECTOR ELECTIONS

36% of fund votes cast · no official result

FORAGAINST
Details: votes by 61 asset managers

The 61 asset managers below reported 162,717 for, 287,673 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: 162,717AGAINST: 287,673
Largest asset managers voting on “ELECT CHRISTOPH LINTZ TO THE SUPERVISORY BOARD” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock091,887 00Against
BAILLIE GIFFORD FUNDS034,050 00Against
Fidelity1,13430,633 00Against
Brighthouse022,003 00Against
Capital Group18,8550 00For
New York Life018,114 00Against
TEMPLETON GLOBAL SMALLER COMPANIES FUND016,473 00Against
Dimensional012,769 00Against
TIAA012,151 00Against
Columbia Threadneedle11,8380 00For
Six Circles Trust06,407 00Against
OPTIMUM FUND TRUST05,354 00Against
State Street04,957 00Against
MFS03,914 00Against
Lincoln Financial03,847 00Against
FRANKLIN FUND ALLOCATOR SERIES02,741 00Against
TEMPLETON INSTITUTIONAL FUNDS02,464 00Against
Voya02,442 00Against
DWS01,964 00Against
John Hancock01,758 00Against
AQR01,576 00Against
Northern Trust1,5170 00For
American Century01,378 00Against
Equitable01,291 00Against

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

2. ELECT CLARISSA KAEFER TO THE SUPERVISORY BOARD

No official resultsDIRECTOR ELECTIONS

96% of fund votes cast · no official result

FOR
Details: votes by 61 asset managers

The 61 asset managers below reported 431,667 for, 18,723 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: 431,667AGAINST: 18,723
Largest asset managers voting on “ELECT CLARISSA KAEFER TO THE SUPERVISORY BOARD” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse21,801202 00For
Capital Group18,8550 00For
New York Life018,114 00Against
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable994297 00Mixed

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

3. ELECT ERICH BAUMGAERTNER TO THE SUPERVISORY BOARD

No official resultsDIRECTOR ELECTIONS

93% of fund votes cast · no official result

FOR
Details: votes by 61 asset managers

The 61 asset managers below reported 420,123 for, 30,267 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: 420,123AGAINST: 30,267
Largest asset managers voting on “ELECT ERICH BAUMGAERTNER TO THE SUPERVISORY BOARD” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND016,473 00Against
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial1,4582,389 00Mixed
FRANKLIN FUND ALLOCATOR SERIES02,741 00Against
TEMPLETON INSTITUTIONAL FUNDS02,464 00Against
Voya2,4420 00For
DWS1,9640 00For
John Hancock3881,370 00Mixed
AQR01,576 00Against
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

4. ELECT JOHANNES WUERBSER TO THE SUPERVISORY BOARD

No official resultsDIRECTOR ELECTIONS

23% of fund votes cast · no official result

FORAGAINST
Details: votes by 61 asset managers

The 61 asset managers below reported 102,119 for, 336,433 against, 11,838 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: 102,119AGAINST: 336,433ABSTAIN: 11,838
Largest asset managers voting on “ELECT JOHANNES WUERBSER TO THE SUPERVISORY BOARD” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard0127,653 00Against
BlackRock091,887 00Against
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity1,13430,633 00Against
Brighthouse21,375628 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND016,473 00Against
Dimensional012,769 00Against
TIAA012,151 00Against
Columbia Threadneedle00 11,8380Abstain
Six Circles Trust06,407 00Against
OPTIMUM FUND TRUST5,3540 00For
State Street04,957 00Against
MFS03,914 00Against
Lincoln Financial03,847 00Against
FRANKLIN FUND ALLOCATOR SERIES02,741 00Against
TEMPLETON INSTITUTIONAL FUNDS02,464 00Against
Voya02,442 00Against
DWS01,964 00Against
John Hancock01,758 00Against
AQR01,576 00Against
Northern Trust1,5170 00For
American Century01,378 00Against
Equitable01,291 00Against

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

5. ELECT WERNER SCHWIND TO THE SUPERVISORY BOARD

No official resultsDIRECTOR ELECTIONS

89% of fund votes cast · no official result

FOR
Details: votes by 61 asset managers

The 61 asset managers below reported 399,699 for, 50,691 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: 399,699AGAINST: 50,691
Largest asset managers voting on “ELECT WERNER SCHWIND TO THE SUPERVISORY BOARD” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse21,801202 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND016,473 00Against
Dimensional12,7690 00For
TIAA012,151 00Against
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street04,957 00Against
MFS3,9140 00For
Lincoln Financial5893,258 00Mixed
FRANKLIN FUND ALLOCATOR SERIES02,741 00Against
TEMPLETON INSTITUTIONAL FUNDS02,464 00Against
Voya2,4420 00For
DWS1,9640 00For
John Hancock1811,577 00Mixed
AQR01,576 00Against
Northern Trust01,517 00Against
American Century1,3780 00For
Equitable994297 00Mixed

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

6. Elect Christoph Lintz

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Elect Christoph Lintz” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

7. Elect Clarissa Kafer

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Elect Clarissa Kafer” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

8. Elect Erich Baumgartner

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Elect Erich Baumgartner” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

9. Elect Johannes Wurbser

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Elect Johannes Wurbser” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

10. Elect Werner Schwind

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Elect Werner Schwind” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

11. Amend articles RE: proof of entitlement

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: AMEND ARTICLES RE: PROOF OF ENTITLEMENT

The 61 asset managers below reported 450,390 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: 450,390
Largest asset managers voting on “AMEND ARTICLES RE: PROOF OF ENTITLEMENT” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

12. Amendments to Articles (Record Date)

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Amendments to Articles (Record Date)” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

13. Approve allocation of income and dividends of EUR 13.50 per share

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 13.50 PER SHARE

The 61 asset managers below reported 450,390 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: 450,390
Largest asset managers voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 13.50 PER SHARE” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

14. Approve discharge of management board for fiscal year 2023

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE DISCHARGE OF MANAGEMENT BOARD FOR FISCAL YEAR 2023

The 61 asset managers below reported 450,390 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: 450,390
Largest asset managers voting on “APPROVE DISCHARGE OF MANAGEMENT BOARD FOR FISCAL YEAR 2023” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

15. Approve discharge of supervisory board for fiscal year 2023

No official resultsCORPORATE GOVERNANCE

77% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE DISCHARGE OF SUPERVISORY BOARD FOR FISCAL YEAR 2023

The 61 asset managers below reported 348,714 for, 101,676 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: 348,714AGAINST: 101,676
Largest asset managers voting on “APPROVE DISCHARGE OF SUPERVISORY BOARD FOR FISCAL YEAR 2023” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock091,887 00Against
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust06,407 00Against
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,534313 00Mixed
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable297994 00Mixed

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

16. Allocation of Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Allocation of Dividends” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

17. Ratification of Management Board Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Ratification of Management Board Acts” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

18. Ratification of Supervisory Board Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Ratification of Supervisory Board Acts” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

19. Receive Financial Statements and Statutory Reports for Fiscal Year 2023 (Non-Voting)

— of fund votes cast · no official result

NOT VOTED
Details: votes by 3 asset managers

The 3 asset managers below reported 3,924 not voted.

NOT VOTED: 3,924
Largest asset managers voting on “Receive Financial Statements and Statutory Reports for Fiscal Year 2023 (Non-Voting)” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Lincoln Financial00 00Not Voted
Empower00 00Not Voted
Brighthouse00 00Not Voted

20. Approve remuneration report

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

Combines 2 wordings of this item as funds reported it.

99% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 71 asset managers

Description as filed by funds: APPROVE REMUNERATION REPORT

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: 61 asset managers voting on “APPROVE REMUNERATION REPORT” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Fund voting reports, all 61 managers: 450,390 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 12 asset managers voting on “APPROVE REMUNERATION REPORT” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.445,9750 00For
BAILLIE GIFFORD OVERSEAS LTD137,59416,473 00Mixed
Desjardins Global Asset Management Inc.87,6320 00For
JPMorgan12,1220 00For
Northern Trust6,80421 00For
Walter Scott & Partners Ltd4,4250 00For
1832 Asset Management L.P.1,9970 00For
Siemens Fonds Invest GmbH1,2510 00For
Korea Investment CORP8460 00For
BOULDER HILL CAPITAL MANAGEMENT LP6240 00For
HARDING LOEVNER LP180 00For
XPONANCE, INC.70 00For

Institutional-manager reports, all 12 managers: 699,295 for, 16,494 against.

21. Remuneration Report

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 41,438 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: 41,438
Largest asset managers voting on “Remuneration Report” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
ALGERT GLOBAL LLC390 00For
Principal100 00For
Adviser Managed Trust60 00For

22. 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 2,419 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: 2,419
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Regime de rentes du Mouvement Desjardins1,3860 00For
TD ASSET MANAGEMENT INC1,0330 00For

23. Ratify Deloitte GmbH as Auditors for Fiscal Year 2024

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 61 asset managers

The 61 asset managers below reported 450,390 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: 450,390
Largest asset managers voting on “Ratify Deloitte GmbH as Auditors for Fiscal Year 2024” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard127,6530 00For
BlackRock91,8870 00For
BAILLIE GIFFORD FUNDS34,0500 00For
Fidelity31,7670 00For
Brighthouse22,0030 00For
Capital Group18,8550 00For
New York Life18,1140 00For
TEMPLETON GLOBAL SMALLER COMPANIES FUND16,4730 00For
Dimensional12,7690 00For
TIAA12,1510 00For
Columbia Threadneedle11,8380 00For
Six Circles Trust6,4070 00For
OPTIMUM FUND TRUST5,3540 00For
State Street4,9570 00For
MFS3,9140 00For
Lincoln Financial3,8470 00For
FRANKLIN FUND ALLOCATOR SERIES2,7410 00For
TEMPLETON INSTITUTIONAL FUNDS2,4640 00For
Voya2,4420 00For
DWS1,9640 00For
John Hancock1,7580 00For
AQR1,5760 00For
Northern Trust1,5170 00For
American Century1,3780 00For
Equitable1,2910 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

24. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 41,399 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: 41,399
Largest asset managers voting on “Appointment of Auditor” at RATIONAL AG, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab13,9720 00For
Federated Hermes9,3730 00For
SEI7,4030 00For
Prudential/PGIM6,9660 00For
Brown Capital Management Mutual Funds1,6970 00For
PACE SELECT ADVISORS TRUST1,3570 00For
Putnam5310 00For
Russell Investments840 00For
Principal100 00For
Adviser Managed Trust60 00For

Largest RATIONAL AG shareholders voting in 2023-2024

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 RATIONAL AG shareholders by shares voted on “APPROVE REMUNERATION REPORT”, 2023-2024
#Asset manager Shares voted
1Vanguard 127,653
2BlackRock 91,887
3BAILLIE GIFFORD FUNDS 34,050
4Fidelity 31,767
5Brighthouse 22,003
6Capital Group 18,855
7New York Life 18,114
8TEMPLETON GLOBAL SMALLER COMPANIES FUND 16,473
9Dimensional 12,769
10TIAA 12,151
Institutional-manager reports: top RATIONAL AG shareholders by shares voted on “APPROVE REMUNERATION REPORT”, 2023-2024
#Asset manager Shares voted
1APG Asset Management US Inc. 445,975
2BAILLIE GIFFORD OVERSEAS LTD 154,067
3Desjardins Global Asset Management Inc. 87,632
4JPMorgan 12,122
5Northern Trust 6,825
6Walter Scott & Partners Ltd 4,425
71832 Asset Management L.P. 1,997
8Siemens Fonds Invest GmbH 1,251
9Korea Investment CORP 846
10BOULDER HILL CAPITAL MANAGEMENT LP 624

Shown as share counts, not percentages: no shares-outstanding figure has been matched to RATIONAL AG for the 2023-2024 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.

RATIONAL AG proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Cite this page

proxyvotesnow.com, “RATIONAL AG 2024 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/rational-ag/2024 (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.