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RAYONIER INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and RAYONIER INC.’s Form 8-K, filed 2024-05-16 (Item 5.07 on EDGAR). Page generated 02 October 2026.

12Ballot items
387Asset managers
3,840Fund votes
2024-05-16Meeting date

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

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

Official 2023-2024 meeting results reported by RAYONIER INC.

These tallies are RAYONIER INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-05-16 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

RAYONIER INC. — official shareholder meeting results, meeting held 2024-05-16
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Keith Bass	130,509,268	2,752,982	89,436	--	6,719,202	Majority: yes
Elect Director: Gregg A. Gonsalves	132,242,959	1,017,931	90,796	--	6,719,202	Majority: yes
Elect Director: Scott R. Jones	131,441,163	1,822,391	88,132	--	6,719,202	Majority: yes
Elect Director: V. Larkin Martin	126,808,064	6,452,818	90,804	--	6,719,202	Majority: yes
Elect Director: Mark D. McHugh	133,108,336	154,939	88,411	--	6,719,202	Majority: yes
Elect Director: Meridee A. Moore	131,509,178	1,759,457	83,051	--	6,719,202	Majority: yes
Elect Director: Ann C. Nelson	132,051,425	1,217,338	82,923	--	6,719,202	Majority: yes
Elect Director: Matthew J. Rivers	132,064,673	1,197,755	89,258	--	6,719,202	Majority: yes
Elect Director: Andrew G. Wiltshire	132,584,091	679,417	88,178	--	6,719,202	Majority: yes
Elect Director: Non-binding Advisory Vote on the Compensation of Our Named Executive Officers	129,336,018	3,775,808	239,860	--	6,719,202	Majority: yes
Elect Director: Ratification of Independent Registered Public Accounting Firm	139,343,136	636,610	91,142	--	--	Majority: yes

Source: RAYONIER INC., Form 8-K, filed with the SEC on 2024-05-16 — read the filing on EDGAR.

How asset managers voted at the RAYONIER INC. 2023-2024 meeting

Each item below shows how the 387 asset managers that disclosed a RAYONIER INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in the proxy statement.

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

Meeting held 2024-05-16.

Combines 22 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 129,336,018AGAINST: 3,775,808

RAYONIER INC.’s own tally for this item (“Elect Director: Non-binding Advisory Vote on the Compensation of Our Named Executive Officers”): 129,336,018 for, 3,775,808 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 87% for, 3% against (90% of the company cast a for/against vote).

The 386 asset managers below cast 98% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 98%

FOR: 97.9%AGAINST: 2.0%ABSTAIN: 0.0%NOT VOTED: 0.0%

Largest asset managers voting on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
T. Rowe Price	26,848,813	0	For
Vanguard	20,832,519	0	For
BlackRock	11,309,975	750	For
JPMorgan	10,742,166	0	For
Cohen & Steers	5,997,805	0	For
Victory Capital	5,906,835	0	For
Charles Schwab	4,787,329	0	For
State Street	4,617,288	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	4,118,993	0	For
PICTET ASSET MANAGEMENT SA	3,771,882	0	For
Columbia Threadneedle	3,706,080	0	For
Fidelity	2,491,109	0	For
GEODE CAPITAL MANAGEMENT, LLC	2,453,741	0	For
CONFLUENCE INVESTMENT MANAGEMENT LLC	2,234,086	0	For
Legal & General Investment Management Ltd	0	1,680,917	Against
John Hancock	1,482,248	0	For
MFS	1,456,845	0	For
Northern Trust	1,343,160	0	For
Bridge Builder Trust	1,169,430	0	For
Desjardins Global Asset Management Inc.	1,167,500	0	For
MELLON INVESTMENTS Corp	1,097,112	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
FULLER & THALER ASSET MANAGEMENT, INC.	960,298	0	For
DIAMOND HILL FUNDS	951,919	0	For
DIAMOND HILL CAPITAL MANAGEMENT INC	896,463	0	For

Showing the 25 largest of 386 asset managers. See all 386 in the interactive database.

2. Election of Directors: Scott R. Jones

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 131,441,163AGAINST: 1,822,391

RAYONIER INC.’s own tally for this item (“Elect Director: Scott R. Jones”): 131,441,163 for, 1,822,391 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 88% for, 1% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.8% of the shares they voted on this item FOR (69,098,248 for, 95,825 against).

FOR 99.8%

FOR: 69,098,248 (99.8%)AGAINST: 95,825 (0.1%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Scott R. Jones” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,050	342	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

3. Election of Directors: Keith E. Bass

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 130,509,268AGAINST: 2,752,982

RAYONIER INC.’s own tally for this item (“Elect Director: Keith Bass”): 130,509,268 for, 2,752,982 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 88% for, 2% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.9% of the shares they voted on this item FOR (69,179,837 for, 14,236 against).

FOR 99.9%

FOR: 69,179,837 (99.9%)AGAINST: 14,236 (0.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Keith E. Bass” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,213	179	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

4. Election of Directors: Gregg A. Gonsalves

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 132,242,959AGAINST: 1,017,931

RAYONIER INC.’s own tally for this item (“Elect Director: Gregg A. Gonsalves”): 132,242,959 for, 1,017,931 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 89% for, 0.7% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.9% of the shares they voted on this item FOR (69,193,894 for, 179 against).

FOR 99.9%

FOR: 69,193,894 (100.0%)AGAINST: 179 (0.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Gregg A. Gonsalves” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,213	179	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

5. Election of Directors: V. Larkin Martin

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 126,808,064AGAINST: 6,452,818

RAYONIER INC.’s own tally for this item (“Elect Director: V. Larkin Martin”): 126,808,064 for, 6,452,818 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 85% for, 4% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99% of the shares they voted on this item FOR (68,222,052 for, 972,021 against).

FOR 99%

FOR: 68,222,052 (98.6%)AGAINST: 972,021 (1.4%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: V. Larkin Martin” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,163,253	6,177	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	823	886,569	Against
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

6. Election of Directors: Mark D. McHugh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 133,108,336AGAINST: 154,939

RAYONIER INC.’s own tally for this item (“Elect Director: Mark D. McHugh”): 133,108,336 for, 154,939 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 90% for, 0.2% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 100% of the shares they voted on this item FOR (69,194,073 for, 0 against).

FOR 99.9%

FOR: 69,194,073 (100.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Mark D. McHugh” at RAYONIER INC., 2023-2024
Asset manager	For	Vote
Vanguard	20,635,399	For
T. Rowe Price	8,894,795	For
BlackRock	7,433,891	For
Cohen & Steers	5,555,284	For
JPMorgan	4,682,442	For
Victory Capital	2,538,485	For
Fidelity	2,465,176	For
Charles Schwab	2,392,264	For
MFS	1,456,845	For
John Hancock	1,365,795	For
Bridge Builder Trust	1,169,430	For
CENTRAL SECURITIES CORP	1,000,000	For
DIAMOND HILL FUNDS	951,919	For
State Street	887,392	For
UNDISCOVERED MANAGERS FUNDS	849,469	For
MASSACHUSETTS INVESTORS TRUST	742,512	For
Columbia Threadneedle	473,695	For
TIAA	410,204	For
DWS	405,813	For
Equitable	387,096	For
IMPAX FUNDS SERIES TRUST I	361,676	For
Northern Trust	356,992	For
AIG/SunAmerica	343,202	For
THIRD AVENUE TRUST	319,603	For
Principal	280,634	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

7. Election of Directors: Meridee A. Moore

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 131,509,178AGAINST: 1,759,457

RAYONIER INC.’s own tally for this item (“Elect Director: Meridee A. Moore”): 131,509,178 for, 1,759,457 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 88% for, 1% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.8% of the shares they voted on this item FOR (69,089,297 for, 104,776 against).

FOR 99.8%

FOR: 69,089,297 (99.8%)AGAINST: 104,776 (0.2%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Meridee A. Moore” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,050	342	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

8. Election of Directors: Ann C. Nelson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 132,051,425AGAINST: 1,217,338

RAYONIER INC.’s own tally for this item (“Elect Director: Ann C. Nelson”): 132,051,425 for, 1,217,338 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 89% for, 0.9% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.9% of the shares they voted on this item FOR (69,193,894 for, 179 against).

FOR 99.9%

FOR: 69,193,894 (100.0%)AGAINST: 179 (0.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Ann C. Nelson” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,213	179	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

9. Election of Directors: Matthew J. Rivers

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 132,064,673AGAINST: 1,197,755

RAYONIER INC.’s own tally for this item (“Elect Director: Matthew J. Rivers”): 132,064,673 for, 1,197,755 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 89% for, 0.9% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.9% of the shares they voted on this item FOR (69,163,607 for, 30,466 against).

FOR 99.9%

FOR: 69,163,607 (99.9%)AGAINST: 30,466 (0.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Matthew J. Rivers” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,050	342	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

10. Election of Directors: Andrew G. Wiltshire

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 132,584,091AGAINST: 679,417

RAYONIER INC.’s own tally for this item (“Elect Director: Andrew G. Wiltshire”): 132,584,091 for, 679,417 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 89% for, 0.5% against (90% of the company cast a for/against vote).

The 85 asset managers below cast 99.8% of the shares they voted on this item FOR (69,103,354 for, 90,719 against).

FOR 99.8%

FOR: 69,103,354 (99.8%)AGAINST: 90,719 (0.1%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Election of Directors: Andrew G. Wiltshire” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,050	342	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

11. Ratification of the appointment of Ernst & Young, LLP as the independent registered public accounting firm for 2024.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2024-05-16.

Combines 3 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 139,343,136AGAINST: 636,610

RAYONIER INC.’s own tally for this item (“Elect Director: Ratification of Independent Registered Public Accounting Firm”): 139,343,136 for, 636,610 against, per its Form 8-K filed 2024-05-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 94% for, 0.5% against (94% of the company cast a for/against vote).

The 85 asset managers below cast 99.9% of the shares they voted on this item FOR (69,127,563 for, 6,257 against).

FOR 99.9%

FOR: 69,127,563 (99.9%)AGAINST: 6,257 (0.0%)ABSTAIN: 28,516 (0.0%)

Largest asset managers voting on “Ratification of the appointment of Ernst & Young, LLP as the independent registered public accounting firm for” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	20,635,399	0	For
T. Rowe Price	8,894,795	0	For
BlackRock	7,433,891	0	For
Cohen & Steers	5,555,284	0	For
JPMorgan	4,682,442	0	For
Victory Capital	2,538,485	0	For
Fidelity	2,465,176	0	For
Charles Schwab	2,392,264	0	For
MFS	1,456,845	0	For
John Hancock	1,365,795	0	For
Bridge Builder Trust	1,169,430	0	For
CENTRAL SECURITIES CORP	1,000,000	0	For
DIAMOND HILL FUNDS	951,919	0	For
State Street	887,289	103	For
UNDISCOVERED MANAGERS FUNDS	849,469	0	For
MASSACHUSETTS INVESTORS TRUST	742,512	0	For
Columbia Threadneedle	473,695	0	For
TIAA	410,204	0	For
DWS	405,813	0	For
Equitable	387,096	0	For
IMPAX FUNDS SERIES TRUST I	361,676	0	For
Northern Trust	356,992	0	For
AIG/SunAmerica	343,202	0	For
THIRD AVENUE TRUST	319,603	0	For
Principal	280,634	0	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

12. Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in the proxy statement.

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

Meeting held 2025-05-15 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

96% Majority: yes · of votes cast

FOR 96%

FOR: 131,872,552AGAINST: 5,152,726

RAYONIER INC.’s own tally for this item (“Elect Director: Non-binding Advisory Vote on the Compensation of Our Named Executive Officers”): 131,872,552 for, 5,152,726 against, per its Form 8-K filed 2025-05-15 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 148,649,321 outstanding shares: 89% for, 3% against (92% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (3,214 for, 0 against).

FOR 100%

FOR: 3,214 (100.0%)

Largest asset managers voting on “Approval, on a non-binding advisory basis, of the compensation of our named executive officers as disclosed in” at RAYONIER INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Weil Company, Inc.	2,089	0	0	0	For
Meixler Investment Management, Ltd.	1,125	0	0	0	For

Largest RAYONIER INC. shareholders voting in 2023-2024

Ranked by the number of RAYONIER INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 148,649,321 shares outstanding at the time of that meeting.

Top RAYONIER INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	T. Rowe Price	18.06%
2	Vanguard	14.01%
3	BlackRock	7.61%
4	JPMorgan	7.23%
5	Cohen & Steers	4.03%
6	Victory Capital	3.97%
7	Charles Schwab	3.22%
8	State Street	3.11%
9	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2.77%
10	PICTET ASSET MANAGEMENT SA	2.54%

Reported RAYONIER INC. ownership

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

RAYONIER INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	13.95%	13F
T. Rowe Price	10.96%	13F
BlackRock	9.89%	13F
Norges Bank	7.68%	13F
State Street	2.79%	13F
JPMorgan Chase	2.54%	13F
Geode Capital	1.72%	13F
Charles Schwab	1.62%	13F
Northern Trust	0.85%	13F
BNY Mellon	0.83%	13F

Percentages above are of 148,649,321 shares outstanding, as reported by RAYONIER INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from RAYONIER INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At RAYONIER INC.'s shareholder meeting held 2024-05-16, in the 2023-2024 proxy season, 387 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 3,840 separate fund positions. On the most widely held item on that ballot — Approval, on a non-binding advisory basis, of the compensation of our named executive officers… — FOR was 97% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: RAYONIER INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-05-16.

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