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ROYAL BANK OF CANADA 2024-2025 Proxy Voting Records

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

81Reported items
402Asset managers
6,799Fund votes
2025-04-10Meeting date

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

Explore ROYAL BANK OF CANADA in the interactive database Compare manager voting policies

How asset managers voted at the ROYAL BANK OF CANADA 2024-2025 meeting

Each item below shows how the 402 asset managers that disclosed a ROYAL BANK OF CANADA 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 ROYAL BANK OF CANADA’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. Advisory vote on the Bank's approach to executive compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 278 asset managers below cast 99.8% of the shares they voted on this item FOR (113,119,870 for, 212,102 against).

FOR: 113,119,870 (99.8%)AGAINST: 212,102 (0.2%)

Largest asset managers voting on “Advisory vote on the Bank's approach to executive compensation” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
BlackRock	61,506,360	0	For
1832 Asset Management L.P.	17,653,249	0	For
SCOTIA CAPITAL INC.	10,647,800	0	For
JPMorgan	5,052,792	0	For
Fiera Capital Corp	4,502,372	0	For
Northern Trust	2,368,204	0	For
JARISLOWSKY, FRASER Ltd	1,540,678	3,100	For
Cardinal Capital Management, Inc.	1,032,560	0	For
LETKO, BROSSEAU & ASSOCIATES INC	1,017,850	0	For
Foyston, Gordon & Payne Inc	793,747	0	For
AGF MANAGEMENT LTD	757,928	0	For
Clark Capital Management Group, Inc.	494,122	0	For
Six Circles Trust	362,540	0	For
Cumberland Partners Ltd	357,384	0	For
Value Partners Investments Inc.	322,442	0	For
Korea Investment CORP	318,562	0	For
John Hancock	287,896	0	For
RAYMOND JAMES & ASSOCIATES	261,861	0	For
BANK OF NOVA SCOTIA	260,000	0	For
ROCKEFELLER FINANCIAL LLC	248,981	0	For
ENVESTNET ASSET MANAGEMENT INC	228,756	0	For
Rempart Asset Management Inc.	220,055	0	For
Jackson National	218,314	0	For
Coleford Investment Management Ltd.	212,005	0	For
FRANKLIN STREET ADVISORS INC /NC	167,524	0	For

Showing the 25 largest of 278 asset managers. See all 278 in the interactive database.

2. Advisory Vote on Executive Compensation Approach

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

94% fund support · no official result

FOR 94%

The 77 asset managers below cast 94% of the shares they voted on this item FOR (83,743,740 for, 5,544,753 against).

FOR: 83,743,740 (93.8%)AGAINST: 5,544,753 (6.2%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	36,945,570	0	For
Fidelity	14,998,794	0	For
JPMorgan	5,870,137	0	For
Goldman Sachs	4,536,831	0	For
Desjardins Global Asset Management Inc.	0	4,377,810	Against
APG Asset Management US Inc.	4,008,453	0	For
Dimensional	3,603,363	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	853,611	0	For
Dixon Mitchell Investment Counsel Inc.	821,626	0	For
CIDEL ASSET MANAGEMENT INC	579,645	0	For
MONTRUSCO BOLTON INVESTMENTS INC.	431,937	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
STOREBRAND ASSET MANAGEMENT AS	394,556	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For

Showing the 25 largest of 77 asset managers. See all 77 in the interactive database.

3. Elect Director Amanda Norton

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Amanda Norton” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

4. Elect Director Andrew A. Chisholm

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,277,537 for, 0 against).

FOR: 81,277,537 (99.9%)ABSTAIN: 65,693 (0.1%)

Largest asset managers voting on “Elect Director Andrew A. Chisholm” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	41,104,854	0	For
Fidelity	14,998,794	0	For
Goldman Sachs	4,536,831	0	For
Dimensional	3,603,363	0	For
Charles Schwab	3,570,127	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
Hartford	774,555	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Russell Investments	135,709	0	For
Northern Trust	108,721	7,787	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	75,906	0	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

5. Elect Director Barry Perry

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Barry Perry” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

6. Elect Director Cynthia Devine

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,277,537 for, 0 against).

FOR: 81,277,537 (99.9%)ABSTAIN: 65,693 (0.1%)

Largest asset managers voting on “Elect Director Cynthia Devine” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	41,104,854	0	For
Fidelity	14,998,794	0	For
Goldman Sachs	4,536,831	0	For
Dimensional	3,603,363	0	For
Charles Schwab	3,570,127	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
Hartford	774,555	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Russell Investments	135,709	0	For
Northern Trust	108,721	7,787	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	75,906	0	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

7. Elect Director David McKay

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director David McKay” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

8. Elect Director Frank Vettese

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Frank Vettese” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

9. Elect Director Jeffery Yabuki

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Jeffery Yabuki” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

10. Elect Director Maryann Turcke

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,193,785 for, 0 against).

FOR: 81,193,785 (99.8%)ABSTAIN: 149,445 (0.2%)

Largest asset managers voting on “Elect Director Maryann Turcke” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	41,104,854	0	For
Fidelity	14,998,794	0	For
Goldman Sachs	4,536,831	0	For
Dimensional	3,603,363	0	For
Charles Schwab	3,570,127	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
Hartford	774,555	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Russell Investments	135,709	0	For
Northern Trust	108,721	7,787	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	0	75,906	Abstain

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

11. Elect Director Mirko Bibic

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,277,537 for, 0 against).

FOR: 81,277,537 (99.9%)ABSTAIN: 65,693 (0.1%)

Largest asset managers voting on “Elect Director Mirko Bibic” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	41,104,854	0	For
Fidelity	14,998,794	0	For
Goldman Sachs	4,536,831	0	For
Dimensional	3,603,363	0	For
Charles Schwab	3,570,127	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
Hartford	774,555	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Russell Investments	135,709	0	For
Northern Trust	108,721	7,787	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	75,906	0	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

12. Elect Director Roberta L. Jamieson

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,277,537 for, 0 against).

FOR: 81,277,537 (99.9%)ABSTAIN: 65,693 (0.1%)

Largest asset managers voting on “Elect Director Roberta L. Jamieson” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	41,104,854	0	For
Fidelity	14,998,794	0	For
Goldman Sachs	4,536,831	0	For
Dimensional	3,603,363	0	For
Charles Schwab	3,570,127	0	For
Capital Group	3,003,568	0	For
State Street	1,828,004	0	For
EUPAC FUND	1,616,965	0	For
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
Hartford	774,555	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	391,342	0	For
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	0	For
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Russell Investments	135,709	0	For
Northern Trust	108,721	7,787	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	75,906	0	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

13. Elect Director Thierry Vandal

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Thierry Vandal” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

14. Elect Director Toos N. Daruvala

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 75 asset managers below cast 100% of the shares they voted on this item FOR (81,322,641 for, 0 against).

FOR: 81,322,641 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Toos N. Daruvala” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 75 asset managers. See all 75 in the interactive database.

15. Elect Director Jacynthe Cote

DIRECTOR ELECTIONS

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 74 asset managers below cast 100% of the shares they voted on this item FOR (81,322,218 for, 0 against).

FOR: 81,322,218 (100.0%)ABSTAIN: 20,589 (0.0%)

Largest asset managers voting on “Elect Director Jacynthe Cote” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	41,104,854	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Charles Schwab	3,570,127	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Hartford	774,555	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Russell Investments	135,709	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For

Showing the 25 largest of 74 asset managers. See all 74 in the interactive database.

16. Amend Stock Option Plan

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (77,391,737 for, 0 against).

FOR: 77,391,737 (100.0%)

Largest asset managers voting on “Amend Stock Option Plan” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	36,945,570	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
APG Asset Management US Inc.	4,008,453	For
Dimensional	3,603,363	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Dixon Mitchell Investment Counsel Inc.	821,626	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For
Pacific Life	74,468	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

17. SP 1: Disclosure of Internal Pay Metrics Used For Executive Compensation

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

0.3% fund support · no official result

AGAINST 99.7%

The 68 asset managers below cast 0.3% of the shares they voted on this item FOR (166,199 for, 74,223,161 against).

FOR: 166,199 (0.2%)AGAINST: 74,223,161 (99.8%)

Largest asset managers voting on “SP 1: Disclosure of Internal Pay Metrics Used For Executive Compensation” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	0	14,998,794	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	0	853,611	Against
Dixon Mitchell Investment Counsel Inc.	0	821,626	Against
CIDEL ASSET MANAGEMENT INC	0	579,645	Against
MONTRUSCO BOLTON INVESTMENTS INC.	0	431,937	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	0	382,324	Against
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	75,906	0	For

Showing the 25 largest of 68 asset managers. See all 68 in the interactive database.

18. Approve Remuneration of Directors

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (73,491,708 for, 0 against).

FOR: 73,491,708 (100.0%)

Largest asset managers voting on “Approve Remuneration of Directors” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	36,945,570	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
Dixon Mitchell Investment Counsel Inc.	821,626	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Northern Trust	116,508	For
MILLER HOWARD INVESTMENTS INC /NY	113,930	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For
Pacific Life	74,468	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

19. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2025-04-10; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 64 asset managers below cast 100% of the shares they voted on this item FOR (72,554,752 for, 0 against).

FOR: 72,554,752 (100.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	36,945,570	For
Fidelity	14,998,794	For
Goldman Sachs	4,536,831	For
Dimensional	3,603,363	For
Capital Group	3,003,568	For
State Street	1,828,004	For
EUPAC FUND	1,616,965	For
TIAA	1,012,677	For
TEMPLETON GROWTH FUND INC	853,611	For
OLD WESTBURY FUNDS INC	412,869	For
Invesco	391,342	For
WILLIAM BLAIR FUNDS	382,324	For
First Trust	366,002	For
Franklin Templeton	333,610	For
INTERNATIONAL GROWTH & INCOME FUND	332,552	For
Columbia Threadneedle	228,102	For
American Century	227,293	For
Victory Capital	184,712	For
Northern Trust	116,508	For
Lincoln Financial	112,435	For
New York Life	78,902	For
Calvert	75,906	For
Pacific Life	74,468	For
Lattice Strategies Trust	73,810	For
AQR	56,338	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

20. SP 2: Report on Forced Labor and Child Labor in Lending Portfolios

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-04-10; no official results are on file for this meeting.

1.0% fund support · no official result

AGAINST 99%

The 64 asset managers below cast 1.0% of the shares they voted on this item FOR (714,924 for, 71,821,734 against).

FOR: 714,924 (1.0%)AGAINST: 71,821,734 (99.0%)ABSTAIN: 18,094 (0.0%)

Largest asset managers voting on “SP 2: Report on Forced Labor and Child Labor in Lending Portfolios” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	71,418	14,927,376	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	0	853,611	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	75,906	0	For
Pacific Life	0	74,468	Against
Lattice Strategies Trust	0	73,810	Against
AQR	56,338	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

21. SP 3: Adopt Advanced Generative AI Systems Voluntary Code of Conduct

OTHER SOCIAL ISSUES

Meeting held 2025-04-10; no official results are on file for this meeting.

0.3% fund support · no official result

AGAINST 99.6%

The 64 asset managers below cast 0.3% of the shares they voted on this item FOR (202,225 for, 72,334,433 against).

FOR: 202,225 (0.3%)AGAINST: 72,334,433 (99.7%)ABSTAIN: 18,094 (0.0%)

Largest asset managers voting on “SP 3: Adopt Advanced Generative AI Systems Voluntary Code of Conduct” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	0	14,998,794	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	0	853,611	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	0	382,324	Against
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	75,906	0	For
Pacific Life	0	74,468	Against
Lattice Strategies Trust	0	73,810	Against
AQR	0	56,338	Against

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

22. SP 4: Employee Language Skills Disclosure

CORPORATE GOVERNANCEOTHER

Meeting held 2025-04-10; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 64 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 72,554,752 against).

AGAINST: 72,554,752 (100.0%)

Largest asset managers voting on “SP 4: Employee Language Skills Disclosure” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	Against	Vote
Vanguard	36,945,570	Against
Fidelity	14,998,794	Against
Goldman Sachs	4,536,831	Against
Dimensional	3,603,363	Against
Capital Group	3,003,568	Against
State Street	1,828,004	Against
EUPAC FUND	1,616,965	Against
TIAA	1,012,677	Against
TEMPLETON GROWTH FUND INC	853,611	Against
OLD WESTBURY FUNDS INC	412,869	Against
Invesco	391,342	Against
WILLIAM BLAIR FUNDS	382,324	Against
First Trust	366,002	Against
Franklin Templeton	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	332,552	Against
Columbia Threadneedle	228,102	Against
American Century	227,293	Against
Victory Capital	184,712	Against
Northern Trust	116,508	Against
Lincoln Financial	112,435	Against
New York Life	78,902	Against
Calvert	75,906	Against
Pacific Life	74,468	Against
Lattice Strategies Trust	73,810	Against
AQR	56,338	Against

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

23. SP 5: Advisory Vote on Environmental Policies

ENVIRONMENT OR CLIMATE

Meeting held 2025-04-10; no official results are on file for this meeting.

2% fund support · no official result

AGAINST 98%

The 64 asset managers below cast 2% of the shares they voted on this item FOR (1,777,439 for, 70,759,219 against).

FOR: 1,777,439 (2.4%)AGAINST: 70,759,219 (97.5%)ABSTAIN: 18,094 (0.0%)

Largest asset managers voting on “SP 5: Advisory Vote on Environmental Policies” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	71,418	14,927,376	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	0	853,611	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	75,906	0	For
Pacific Life	0	74,468	Against
Lattice Strategies Trust	0	73,810	Against
AQR	56,338	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

24. SP 6: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting

OTHER SOCIAL ISSUES

Meeting held 2025-04-10; no official results are on file for this meeting.

1.0% fund support · no official result

AGAINST 99.0%

The 64 asset managers below cast 1.0% of the shares they voted on this item FOR (693,639 for, 71,861,113 against).

FOR: 693,639 (1.0%)AGAINST: 71,861,113 (99.0%)

Largest asset managers voting on “SP 6: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	71,418	14,927,376	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	0	853,611	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	75,906	0	For
Pacific Life	0	74,468	Against
Lattice Strategies Trust	0	73,810	Against
AQR	56,338	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

25. SP 7: Report on Loans Made by the Bank in Support of the Circular Economy

ENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEOTHER SOCIAL ISSUES

Meeting held 2025-04-10; no official results are on file for this meeting.

0.9% fund support · no official result

AGAINST 99.1%

The 64 asset managers below cast 0.9% of the shares they voted on this item FOR (631,172 for, 71,905,486 against).

FOR: 631,172 (0.9%)AGAINST: 71,905,486 (99.1%)ABSTAIN: 18,094 (0.0%)

Largest asset managers voting on “SP 7: Report on Loans Made by the Bank in Support of the Circular Economy” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	71,418	14,927,376	Against
Goldman Sachs	0	4,536,831	Against
Dimensional	0	3,603,363	Against
Capital Group	0	3,003,568	Against
State Street	0	1,828,004	Against
EUPAC FUND	0	1,616,965	Against
TIAA	0	1,012,677	Against
TEMPLETON GROWTH FUND INC	0	853,611	Against
OLD WESTBURY FUNDS INC	0	412,869	Against
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	0	366,002	Against
Franklin Templeton	0	333,610	Against
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	0	228,102	Against
American Century	0	227,293	Against
Victory Capital	0	184,712	Against
Northern Trust	7,787	108,721	Against
Lincoln Financial	0	112,435	Against
New York Life	0	78,902	Against
Calvert	0	75,906	Against
Pacific Life	0	74,468	Against
Lattice Strategies Trust	0	73,810	Against
AQR	56,338	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

26. SP 8: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements

CORPORATE GOVERNANCE

Meeting held 2025-04-10; no official results are on file for this meeting.

21% fund support · no official result

FOR 21%AGAINST 79%

The 64 asset managers below cast 21% of the shares they voted on this item FOR (15,071,453 for, 57,483,299 against).

FOR: 15,071,453 (20.8%)AGAINST: 57,483,299 (79.2%)

Largest asset managers voting on “SP 8: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	36,945,570	Against
Fidelity	71,418	14,927,376	Against
Goldman Sachs	4,513,468	23,363	For
Dimensional	3,603,363	0	For
Capital Group	0	3,003,568	Against
State Street	1,828,004	0	For
EUPAC FUND	0	1,616,965	Against
TIAA	1,012,677	0	For
TEMPLETON GROWTH FUND INC	853,611	0	For
OLD WESTBURY FUNDS INC	412,869	0	For
Invesco	0	391,342	Against
WILLIAM BLAIR FUNDS	382,324	0	For
First Trust	366,002	0	For
Franklin Templeton	333,610	0	For
INTERNATIONAL GROWTH & INCOME FUND	0	332,552	Against
Columbia Threadneedle	228,102	0	For
American Century	227,293	0	For
Victory Capital	184,712	0	For
Northern Trust	116,508	0	For
Lincoln Financial	112,435	0	For
New York Life	78,902	0	For
Calvert	75,906	0	For
Pacific Life	0	74,468	Against
Lattice Strategies Trust	73,810	0	For
AQR	56,338	0	For

Showing the 25 largest of 64 asset managers. See all 64 in the interactive database.

27. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-10; no official results are on file for this meeting.

99.5% fund support · no official result

FOR 99.5%

The 27 asset managers below cast 99.5% of the shares they voted on this item FOR (47,384,471 for, 219,277 against).

FOR: 47,384,471 (99.5%)AGAINST: 219,277 (0.5%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
TD ASSET MANAGEMENT INC	31,695,416	0	For
TD Waterhouse Canada Inc.	6,567,900	0	For
Vanguard	4,159,284	0	For
Charles Schwab	3,570,127	0	For
Hartford	774,555	0	For
Triasima Portfolio Management inc.	281,489	800	For
Regime de rentes du Mouvement Desjardins	0	207,392	Against
Russell Investments	135,709	0	For
Federated Hermes	65,685	0	For
SEI	45,900	0	For
IMPAX FUNDS SERIES TRUST III	23,764	0	For
WHITENER CAPITAL MANAGEMENT, INC.	23,194	0	For
LOUISBOURG INVESTMENTS INC.	22,782	0	For
Mercer Funds	7,900	0	For
Union Investment Privatfonds GmbH	0	6,350	Against
Balentine LLC	5,068	0	For
Union Investment Institutional GmbH	0	4,575	Against
Prudential/PGIM	3,900	0	For
Principal	800	0	For
Northern Lights Fund Trust IV	423	0	For
Genus Capital Management Inc.	0	160	Against
Brighthouse	149	0	For
PACE SELECT ADVISORS TRUST	145	0	For
ETFis Series Trust I	137	0	For
BEACON INVESTMENT ADVISORY SERVICES, INC.	130	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

28. Appointment of PricewaterhouseCoopers LLP (PwC) as auditor

AUDIT-RELATED

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 22 asset managers below cast 99.7% of the shares they voted on this item FOR (12,608,553 for, 32,800 against).

FOR: 12,608,553 (99.7%)AGAINST: 32,800 (0.3%)ABSTAIN: 100 (0.0%)

Largest asset managers voting on “Appointment of PricewaterhouseCoopers LLP (PwC) as auditor” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Abstain	Vote
BlackRock	6,408,152	0	0	For
JPMorgan	5,052,792	0	0	For
Six Circles Trust	362,540	0	0	For
John Hancock	287,896	0	0	For
Jackson National	218,314	0	0	For
MASTER INVESTMENT PORTFOLIO	102,623	0	0	For
CARILLON SERIES TRUST	56,475	0	0	For
CITY NATIONAL ROCHDALE FUNDS	33,582	0	0	For
Advisors' Inner Circle Fund III	0	32,800	0	Against
Allianz	20,103	0	0	For
Harbor ETF Trust	17,901	0	0	For
Pacer Funds Trust	12,369	0	0	For
LKCM Funds	10,625	0	0	For
Ultimus Managers Trust	7,119	0	0	For
GPS Funds I	6,421	0	0	For
RBB FUND, INC.	4,914	0	0	For
Forethought Variable Insurance Trust	2,827	0	0	For
WILSHIRE MUTUAL FUNDS INC	2,400	0	0	For
EA Series Trust	1,245	0	0	For
BRANDYWINE OAK PRIVATE WEALTH LLC	141	0	0	For
ADVISORS SERIES TRUST	114	0	0	For
apricus wealth, LLC	0	0	100	Abstain

29. Special resolution to approve an amendment to subsection 1.1 of by-law two - maximum board compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (11,960,829 for, 0 against).

FOR: 11,960,829 (100.0%)

Largest asset managers voting on “Special resolution to approve an amendment to subsection 1.1 of by-law two - maximum board compensation” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
BlackRock	6,408,152	For
JPMorgan	5,052,792	For
Jackson National	218,314	For
MASTER INVESTMENT PORTFOLIO	102,623	For
Janney Montgomery Scott LLC	84,125	For
CITY NATIONAL ROCHDALE FUNDS	33,582	For
Harbor ETF Trust	17,901	For
Pacer Funds Trust	12,331	For
Ultimus Managers Trust	7,119	For
BRADY FAMILY WEALTH, LLC	6,647	For
Rodgers Brothers Inc.	6,050	For
RBB FUND, INC.	4,914	For
ELEVATION POINT WEALTH PARTNERS, LLC	3,694	For
EA Series Trust	1,245	For
John Hancock	732	For
Perfromance Wealth Partners, LLC	181	For
BRANDYWINE OAK PRIVATE WEALTH LLC	141	For
ADVISORS SERIES TRUST	114	For
apricus wealth, LLC	100	For
Keystone Wealth Services, LLC	50	For
Summit Trail Advisors, LLC	22	For

30. Amendment to the Stock Option Plan

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 19 asset managers below cast 99.9% of the shares they voted on this item FOR (8,822,199 for, 160 against).

FOR: 8,822,199 (100.0%)AGAINST: 160 (0.0%)

Largest asset managers voting on “Amendment to the Stock Option Plan” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	4,159,284	0	For
Charles Schwab	3,570,127	0	For
Hartford	774,555	0	For
Russell Investments	135,709	0	For
Federated Hermes	65,685	0	For
SEI	45,900	0	For
IMPAX FUNDS SERIES TRUST III	23,764	0	For
LOUISBOURG INVESTMENTS INC.	22,782	0	For
Mercer Funds	7,900	0	For
Union Investment Privatfonds GmbH	6,350	0	For
Union Investment Institutional GmbH	4,575	0	For
Prudential/PGIM	3,900	0	For
Principal	800	0	For
Northern Lights Fund Trust IV	423	0	For
Genus Capital Management Inc.	0	160	Against
Brighthouse	149	0	For
PACE SELECT ADVISORS TRUST	145	0	For
ETFis Series Trust I	137	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	14	0	For

31. Amendment to By-Law Regarding Directors' Remuneration

CORPORATE GOVERNANCE

Meeting held 2025-04-10; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (8,822,185 for, 0 against).

FOR: 8,822,185 (100.0%)

Largest asset managers voting on “Amendment to By-Law Regarding Directors' Remuneration” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	4,159,284	For
Charles Schwab	3,570,127	For
Hartford	774,555	For
Russell Investments	135,709	For
Federated Hermes	65,685	For
SEI	45,900	For
IMPAX FUNDS SERIES TRUST III	23,764	For
LOUISBOURG INVESTMENTS INC.	22,782	For
Mercer Funds	7,900	For
Union Investment Privatfonds GmbH	6,350	For
Union Investment Institutional GmbH	4,575	For
Prudential/PGIM	3,900	For
Principal	800	For
Northern Lights Fund Trust IV	423	For
Brighthouse	149	For
PACE SELECT ADVISORS TRUST	145	For
ETFis Series Trust I	137	For

32. Shareholder Proposal Regarding Pay Ratio Disclosure

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

0.5% fund support · no official result

AGAINST 99.5%

The 17 asset managers below cast 0.5% of the shares they voted on this item FOR (38,589 for, 8,783,596 against).

FOR: 38,589 (0.4%)AGAINST: 8,783,596 (99.6%)

Largest asset managers voting on “Shareholder Proposal Regarding Pay Ratio Disclosure” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	4,159,284	Against
Charles Schwab	0	3,570,127	Against
Hartford	0	774,555	Against
Russell Investments	0	135,709	Against
Federated Hermes	0	65,685	Against
SEI	0	45,900	Against
IMPAX FUNDS SERIES TRUST III	23,764	0	For
LOUISBOURG INVESTMENTS INC.	0	22,782	Against
Mercer Funds	0	7,900	Against
Union Investment Privatfonds GmbH	6,350	0	For
Union Investment Institutional GmbH	4,575	0	For
Prudential/PGIM	3,900	0	For
Principal	0	800	Against
Northern Lights Fund Trust IV	0	423	Against
Brighthouse	0	149	Against
PACE SELECT ADVISORS TRUST	0	145	Against
ETFis Series Trust I	0	137	Against

33. ORDINARY RESOLUTION TO APPROVE CERTAIN AMENDMENTS TO THE BANK'S STOCK OPTION PLAN, AS FURTHER DESCRIBED IN THE ACCOMPANYING MANAGEMENT PROXY CIRCULAR

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (11,892,389 for, 0 against).

FOR: 11,892,389 (100.0%)

Largest asset managers voting on “ORDINARY RESOLUTION TO APPROVE CERTAIN AMENDMENTS TO THE BANK'S STOCK OPTION PLAN, AS FURTHER DESCRIBED IN THE” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
BlackRock	6,408,152	For
JPMorgan	5,052,792	For
Jackson National	218,314	For
MASTER INVESTMENT PORTFOLIO	102,623	For
CITY NATIONAL ROCHDALE FUNDS	33,582	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	32,748	For
Harbor ETF Trust	17,901	For
Pacer Funds Trust	12,331	For
Rodgers Brothers Inc.	6,050	For
RBB FUND, INC.	4,914	For
EA Series Trust	1,245	For
John Hancock	732	For
Boltwood Capital Management	650	For
BRANDYWINE OAK PRIVATE WEALTH LLC	141	For
ADVISORS SERIES TRUST	114	For
apricus wealth, LLC	100	For

34. Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting

CORPORATE GOVERNANCE

Meeting held 2025-04-10; no official results are on file for this meeting.

0.2% fund support · no official result

AGAINST 99.8%

The 16 asset managers below cast 0.2% of the shares they voted on this item FOR (10,925 for, 8,788,478 against).

FOR: 10,925 (0.1%)AGAINST: 8,788,478 (99.9%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Country-by-Country Reporting” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	4,159,284	Against
Charles Schwab	0	3,570,127	Against
Hartford	0	774,555	Against
Russell Investments	0	135,709	Against
Federated Hermes	0	65,685	Against
SEI	0	45,900	Against
IMPAX FUNDS SERIES TRUST III	0	23,764	Against
Mercer Funds	0	7,900	Against
Union Investment Privatfonds GmbH	6,350	0	For
Union Investment Institutional GmbH	4,575	0	For
Prudential/PGIM	0	3,900	Against
Principal	0	800	Against
Northern Lights Fund Trust IV	0	423	Against
Brighthouse	0	149	Against
PACE SELECT ADVISORS TRUST	0	145	Against
ETFis Series Trust I	0	137	Against

35. Appointment of Auditor

AUDIT-RELATED

Meeting held 2025-04-10; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 14 asset managers below cast 100% of the shares they voted on this item FOR (8,788,478 for, 0 against).

FOR: 8,788,478 (100.0%)

Largest asset managers voting on “Appointment of Auditor” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Vote
Vanguard	4,159,284	For
Charles Schwab	3,570,127	For
Hartford	774,555	For
Russell Investments	135,709	For
Federated Hermes	65,685	For
SEI	45,900	For
IMPAX FUNDS SERIES TRUST III	23,764	For
Mercer Funds	7,900	For
Prudential/PGIM	3,900	For
Principal	800	For
Northern Lights Fund Trust IV	423	For
Brighthouse	149	For
PACE SELECT ADVISORS TRUST	145	For
ETFis Series Trust I	137	For

36. Proposal No. 1

COMPENSATION

Meeting held 2025-04-10; no official results are on file for this meeting.

6% fund support · no official result

AGAINST 94%

The 14 asset managers below cast 6% of the shares they voted on this item FOR (5,789,366 for, 89,081,154 against).

FOR: 5,789,366 (6.1%)AGAINST: 89,081,154 (93.9%)ABSTAIN: 9,960 (0.0%)

Largest asset managers voting on “Proposal No. 1” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Abstain	Vote
BlackRock	0	51,265,216	0	Against
JPMorgan	5,052,792	35,369,544	0	Against
Jackson National	636,109	1,110,403	0	Against
MASTER INVESTMENT PORTFOLIO	0	820,984	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	268,656	0	Against
Harbor ETF Trust	89,505	53,703	0	For
Pacer Funds Trust	0	98,648	0	Against
Ultimus Managers Trust	0	56,952	0	Against
RBB FUND, INC.	9,828	29,484	0	Against
EA Series Trust	0	0	9,960	Abstain
John Hancock	732	5,124	0	Against
BRANDYWINE OAK PRIVATE WEALTH LLC	0	1,128	0	Against
ADVISORS SERIES TRUST	0	912	0	Against
apricus wealth, LLC	400	400	0	Against

37. Shareholder Proposal Regarding Adhering to Voluntary Code of Conduct on AI Systems

OTHER SOCIAL ISSUES

Meeting held 2025-04-10; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.6%

The 14 asset managers below cast 0.1% of the shares they voted on this item FOR (3,900 for, 8,760,814 against).

FOR: 3,900 (0.0%)AGAINST: 8,760,814 (99.7%)ABSTAIN: 23,764 (0.3%)

Largest asset managers voting on “Shareholder Proposal Regarding Adhering to Voluntary Code of Conduct on AI Systems” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	0	4,159,284	0	Against
Charles Schwab	0	3,570,127	0	Against
Hartford	0	774,555	0	Against
Russell Investments	0	135,709	0	Against
Federated Hermes	0	65,685	0	Against
SEI	0	45,900	0	Against
IMPAX FUNDS SERIES TRUST III	0	0	23,764	Abstain
Mercer Funds	0	7,900	0	Against
Prudential/PGIM	3,900	0	0	For
Principal	0	800	0	Against
Northern Lights Fund Trust IV	0	423	0	Against
Brighthouse	0	149	0	Against
PACE SELECT ADVISORS TRUST	0	145	0	Against
ETFis Series Trust I	0	137	0	Against

38. Shareholder Proposal Regarding Disclosure of Employee Language Fluency

CORPORATE GOVERNANCE

Meeting held 2025-04-10; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 14 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 8,788,478 against).

AGAINST: 8,788,478 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of Employee Language Fluency” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	Against	Vote
Vanguard	4,159,284	Against
Charles Schwab	3,570,127	Against
Hartford	774,555	Against
Russell Investments	135,709	Against
Federated Hermes	65,685	Against
SEI	45,900	Against
IMPAX FUNDS SERIES TRUST III	23,764	Against
Mercer Funds	7,900	Against
Prudential/PGIM	3,900	Against
Principal	800	Against
Northern Lights Fund Trust IV	423	Against
Brighthouse	149	Against
PACE SELECT ADVISORS TRUST	145	Against
ETFis Series Trust I	137	Against

39. Shareholder Proposal Regarding In-Person Shareholder Meetings

CORPORATE GOVERNANCE

Meeting held 2025-04-10; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 14 asset managers below cast 0.1% of the shares they voted on this item FOR (7,900 for, 8,780,578 against).

FOR: 7,900 (0.1%)AGAINST: 8,780,578 (99.9%)

Largest asset managers voting on “Shareholder Proposal Regarding In-Person Shareholder Meetings” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	4,159,284	Against
Charles Schwab	0	3,570,127	Against
Hartford	0	774,555	Against
Russell Investments	0	135,709	Against
Federated Hermes	0	65,685	Against
SEI	0	45,900	Against
IMPAX FUNDS SERIES TRUST III	0	23,764	Against
Mercer Funds	7,900	0	For
Prudential/PGIM	0	3,900	Against
Principal	0	800	Against
Northern Lights Fund Trust IV	0	423	Against
Brighthouse	0	149	Against
PACE SELECT ADVISORS TRUST	0	145	Against
ETFis Series Trust I	0	137	Against

40. Shareholder Proposal Regarding Report on Forced and Child Labour in Loan Portfolios

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-04-10; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.7%

The 14 asset managers below cast 0.1% of the shares they voted on this item FOR (568 for, 8,764,146 against).

FOR: 568 (0.0%)AGAINST: 8,764,146 (99.7%)ABSTAIN: 23,764 (0.3%)

Largest asset managers voting on “Shareholder Proposal Regarding Report on Forced and Child Labour in Loan Portfolios” at ROYAL BANK OF CANADA, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	0	4,159,284	0	Against
Charles Schwab	0	3,570,127	0	Against
Hartford	0	774,555	0	Against
Russell Investments	0	135,709	0	Against
Federated Hermes	0	65,685	0	Against
SEI	0	45,900	0	Against
IMPAX FUNDS SERIES TRUST III	0	0	23,764	Abstain
Mercer Funds	0	7,900	0	Against
Prudential/PGIM	0	3,900	0	Against
Principal	0	800	0	Against
Northern Lights Fund Trust IV	423	0	0	For
Brighthouse	0	149	0	Against
PACE SELECT ADVISORS TRUST	145	0	0	For
ETFis Series Trust I	0	137	0	Against

Showing the 40 reported items with the widest manager coverage, of 81 in total. View every item.

Largest ROYAL BANK OF CANADA shareholders voting in 2024-2025

Ranked by the number of ROYAL BANK OF CANADA shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 1,415,080,299 shares outstanding at the time of that meeting.

Top ROYAL BANK OF CANADA shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	4.35%
2	1832 Asset Management L.P.	1.25%
3	SCOTIA CAPITAL INC.	0.75%
4	JPMorgan	0.36%
5	Fiera Capital Corp	0.32%
6	Northern Trust	0.17%
7	JARISLOWSKY, FRASER Ltd	0.11%
8	Cardinal Capital Management, Inc.	0.07%
9	LETKO, BROSSEAU & ASSOCIATES INC	0.07%
10	Foyston, Gordon & Payne Inc	0.06%

Reported ROYAL BANK OF CANADA ownership

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

ROYAL BANK OF CANADA beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock, Inc.	4.99%	13G
Bank of Montreal	4.93%	13G
Vanguard Group	4.42%	13F
Norges Bank	1.36%	13F
FMR (Fidelity)	1.09%	13F
Geode Capital	0.67%	13F
Wellington Management	0.54%	13F
Goldman Sachs	0.50%	13F
JPMorgan Chase	0.46%	13F
Morgan Stanley	0.36%	13F

Percentages above are of 1,415,080,299 shares outstanding, as reported by ROYAL BANK OF CANADA on its Form 40-F dated 2024-10-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ROYAL BANK OF CANADA’s 40-F dated 2024-10-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At ROYAL BANK OF CANADA's shareholder meeting held 2025-04-10, in the 2024-2025 proxy season, 402 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,799 separate fund positions. Their filings are grouped here into 81 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 — Advisory vote on the Bank's approach to executive compensation — the reporting funds cast 99.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

ROYAL BANK OF CANADA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.