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Home › Companies › Stora Enso Oyj › 2025-2026

Stora Enso Oyj 2025-2026 Proxy Voting Records

At Stora Enso Oyj's shareholder meeting held March 24, 2026, in the 2025-2026 proxy season, 61 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,659 separate fund positions. Their filings are grouped here into 45 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 — Appoint PricewaterhouseCoopers as Auditor for Sustainability Reporting — the reporting funds cast 100% 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). 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.

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

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

  • 45Reported items
  • 61Asset managers
  • 2,659Fund votes
  • March 24, 2026Meeting date

Results at a glance

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

How asset managers voted at the Stora Enso Oyj 2025-2026 meeting

Each item below shows how the 61 asset managers that disclosed a Stora Enso Oyj 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 Stora Enso Oyj’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. Reelect Hakan Buskhe (Chair), Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltritti and…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

ABSTAIN
Details: description as filed, votes by 46 asset managers

Description as filed by funds: Reelect Hakan Buskhe (Chair), Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltritti and Antti Vasara as Directors; Elect Jouko Karvinen (Vice Chair) as New Director

The 46 asset managers below reported 776,914 for, 70,637,083 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: 776,914ABSTAIN: 70,637,083
Largest asset managers voting on “Reelect Hakan Buskhe (Chair), Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltr” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price00 29,000,2760Abstain
Vanguard00 18,271,4780Abstain
BlackRock00 13,259,5220Abstain
TIAA00 1,529,0290Abstain
John Hancock00 1,419,6280Abstain
State Street00 1,317,5510Abstain
American Century00 1,215,4760Abstain
DWS00 1,065,8770Abstain
Advisors' Inner Circle Fund II00 761,4490Abstain
Six Circles Trust00 703,1190Abstain
JPMorgan494,9860 00For
Fidelity00 460,6700Abstain
Northern Trust00 333,5970Abstain
AIG/SunAmerica00 234,3540Abstain
Invesco217,8400 00For
Principal00 215,8140Abstain
Brighthouse00 112,9880Abstain
Bridge Builder Trust00 106,6590Abstain
Equitable44,5440 56,6090Mixed
Jackson National470 95,5220Abstain
Lincoln Financial00 85,1540Abstain
Voya00 65,7020Abstain
MASTER INVESTMENT PORTFOLIO00 45,3100Abstain
Calvert00 39,0560Abstain
GuideStone00 34,5600Abstain

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

2. Election of Directors

No official resultsDIRECTOR ELECTIONS

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Largest asset managers voting on “Election of Directors” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes0999 00Against
Hartford2280 00For

3. Resolution on the remuneration for the members of the board of directors

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

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 8 asset managers

Description as filed by funds: RESOLUTION ON THE REMUNERATION FOR THE MEMBERS OF THE BOARD OF DIRECTORS

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: 7 asset managers voting on “RESOLUTION ON THE REMUNERATION FOR THE MEMBERS OF THE BOARD OF DIRECTORS” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

Fund voting reports, all 7 managers: 2,352,946 for.

Institutional-manager reports: 1 asset manager voting on “RESOLUTION ON THE REMUNERATION FOR THE MEMBERS OF THE BOARD OF DIRECTORS” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Trium Capital LLP120,6630 00For

Institutional-manager reports, all 1 managers: 120,663 for.

4. Resolution on the discharge of the members of the board of directors and the CEO from liability for the financial…

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLUTION ON THE DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE CEO FROM LIABILITY FOR THE FINANCIAL PERIOD 1 JANUARY 2025 31 DECEMBER 2025

The 7 asset managers below reported 2,334,160 for, 18,786 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: 2,334,160ABSTAIN: 18,786
Largest asset managers voting on “RESOLUTION ON THE DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE CEO FROM LIABILITY FOR THE FINANC” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS00 18,7860Abstain
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

5. Amend Charter of the Shareholders Nomination Committee

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Amend Charter of the Shareholders Nomination Committee” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

6. Amendment of the shareholders' nomination board charter

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AMENDMENT OF THE SHAREHOLDERS' NOMINATION BOARD CHARTER

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “AMENDMENT OF THE SHAREHOLDERS' NOMINATION BOARD CHARTER” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

7. Fix Number of Directors at Eight

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 71,413,997 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: 71,413,997
Largest asset managers voting on “Fix Number of Directors at Eight” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,259,5220 00For
TIAA1,529,0290 00For
John Hancock1,419,6280 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
Six Circles Trust703,1190 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Bridge Builder Trust106,6590 00For
Equitable101,1530 00For
Jackson National95,5690 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

8. Approval of Nomination Committee Guidelines

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Approval of Nomination Committee Guidelines” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

9. Board Size

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Board Size” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

10. Approve Issuance of up to 2 Million Class R Shares without Preemptive Rights

No official resultsCAPITAL STRUCTURE

99% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 68,299,602 for, 761,449 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: 68,299,602AGAINST: 761,449
Largest asset managers voting on “Approve Issuance of up to 2 Million Class R Shares without Preemptive Rights” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II0761,449 00Against
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

11. Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

12. Authorising the board of directors to decide on the issuance of shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE ISSUANCE OF SHARES

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE ISSUANCE OF SHARES” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

13. Authorising the board of directors to decide on the repurchase of the company's own shares

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE REPURCHASE OF THE COMPANY'S OWN SHARES

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE REPURCHASE OF THE COMPANY'S OWN SHARES” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

14. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

15. Approve Allocation of Income and Dividends of EUR 0.25 Per Share

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 0.25 Per Share” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

16. Approve Discharge of Board and President

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Approve Discharge of Board and President” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

17. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Accounts and Reports” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

18. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Allocation of Profits/Dividends” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

19. Ratification of Board and CEO Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Ratification of Board and CEO Acts” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

20. Adoption of the annual accounts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: ADOPTION OF THE ANNUAL ACCOUNTS

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “ADOPTION OF THE ANNUAL ACCOUNTS” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

21. Resolution on the use of the profit shown on the balance sheet and the distribution of dividend

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLUTION ON THE USE OF THE PROFIT SHOWN ON THE BALANCE SHEET AND THE DISTRIBUTION OF DIVIDEND

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “RESOLUTION ON THE USE OF THE PROFIT SHOWN ON THE BALANCE SHEET AND THE DISTRIBUTION OF DIVIDEND” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

22. Resolution on the remuneration for the sustainability reporting assurer

No official resultsAUDIT-RELATEDCOMPENSATION

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLUTION ON THE REMUNERATION FOR THE SUSTAINABILITY REPORTING ASSURER

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “RESOLUTION ON THE REMUNERATION FOR THE SUSTAINABILITY REPORTING ASSURER” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

23. Acknowledge Proper Convening of Meeting

No official resultsCORPORATE GOVERNANCE

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 4 asset managers

The 4 asset managers below reported 761,449 abstained, 540,999 not voted.

ABSTAIN: 761,449NOT VOTED: 540,999
Largest asset managers voting on “Acknowledge Proper Convening of Meeting” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund II00 761,4490Abstain
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted

24. Call the Meeting to Order

— of fund votes cast · no official result

ABSTAINNOT VOTED
Details: votes by 4 asset managers

The 4 asset managers below reported 761,449 abstained, 540,999 not voted.

ABSTAIN: 761,449NOT VOTED: 540,999
Largest asset managers voting on “Call the Meeting to Order” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund II00 761,4490Abstain
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted

25. Approve Remuneration of Directors in the Amount of EUR 221,728 for Chair, EUR 125,186 for Vice Chair and EUR 85,933 for…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 40 asset managers

Description as filed by funds: Approve Remuneration of Directors in the Amount of EUR 221,728 for Chair, EUR 125,186 for Vice Chair and EUR 85,933 for Other Directors; Approve Remuneration for Committee Work

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Approve Remuneration of Directors in the Amount of EUR 221,728 for Chair, EUR 125,186 for Vice Chair and EUR 8” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

26. Authority to Issue Shares Pursuant to Incentive Plans

No official resultsCAPITAL STRUCTURE

99.9% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,653,128 for, 999 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: 4,653,128AGAINST: 999
Largest asset managers voting on “Authority to Issue Shares Pursuant to Incentive Plans” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes0999 00Against
Hartford2280 00For

27. Authority to Repurchase and Reissue Shares Pursuant to Incentive Plan

No official resultsCAPITAL STRUCTURE

99.9% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,653,128 for, 999 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: 4,653,128AGAINST: 999
Largest asset managers voting on “Authority to Repurchase and Reissue Shares Pursuant to Incentive Plan” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes0999 00Against
Hartford2280 00For

28. Directors' Fees

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Directors' Fees” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

29. Approve Remuneration Report (Advisory Vote)

71% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 41 asset managers

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: 40 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock28,77313,222,275 00Against
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable79,46921,684 00Mixed
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO045,310 00Against
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide021,409 00Against
Morgan Stanley4,03015,420 00Mixed

Fund voting reports, all 40 managers: 55,734,953 for, 13,326,098 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock19,81410,341,483 00Against
APG Asset Management US Inc.1,309,3310 00For
JPMorgan289,5670 00For

Institutional-manager reports, all 3 managers: 1,618,712 for, 10,341,483 against.

30. Adoption of the remuneration report

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

57% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 13 asset managers

Description as filed by funds: ADOPTION OF THE 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: 7 asset managers voting on “ADOPTION OF THE REMUNERATION REPORT” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust0703,119 00Against
Bridge Builder Trust71,75534,904 00Mixed
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock08,474 00Against
TIFF INVESTMENT PROGRAM7110 00For

Fund voting reports, all 7 managers: 1,606,449 for, 746,497 against.

Institutional-manager reports: 7 asset managers voting on “ADOPTION OF THE REMUNERATION REPORT” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
1832 Asset Management L.P.20,518,2180 00For
BlackRock1,556,83717,513,210 00Mixed
Trium Capital LLP120,6630 00For
Siemens Fonds Invest GmbH53,5300 00For
WESTWOOD HOLDINGS GROUP INC25,5630 00For
Northern Trust17,6190 00For
Korea Investment CORP1810 00For

Institutional-manager reports, all 7 managers: 22,292,611 for, 17,513,210 against.

31. Remuneration Report

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Remuneration Report” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

32. Appoint PricewaterhouseCoopers as Auditor for Sustainability Reporting

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 46 asset managers

The 46 asset managers below reported 71,413,997 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: 71,413,997
Largest asset managers voting on “Appoint PricewaterhouseCoopers as Auditor for Sustainability Reporting” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,259,5220 00For
TIAA1,529,0290 00For
John Hancock1,419,6280 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
Six Circles Trust703,1190 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Bridge Builder Trust106,6590 00For
Equitable101,1530 00For
Jackson National95,5690 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

33. Ratify PricewaterhouseCoopers as Auditors

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 46 asset managers

The 46 asset managers below reported 71,413,997 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: 71,413,997
Largest asset managers voting on “Ratify PricewaterhouseCoopers as Auditors” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,259,5220 00For
TIAA1,529,0290 00For
John Hancock1,419,6280 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
Six Circles Trust703,1190 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Bridge Builder Trust106,6590 00For
Equitable101,1530 00For
Jackson National95,5690 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For

Showing the 25 largest of 46 asset managers. All 46 are in the interactive database (link above).

34. Approve Remuneration of Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Approve Remuneration of Auditor for Sustainability Reporting” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

35. Approve Remuneration of Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 69,061,051 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: 69,061,051
Largest asset managers voting on “Approve Remuneration of Auditors” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price29,000,2760 00For
Vanguard18,271,4780 00For
BlackRock13,251,0480 00For
TIAA1,529,0290 00For
State Street1,317,5510 00For
American Century1,215,4760 00For
DWS1,065,8770 00For
Advisors' Inner Circle Fund II761,4490 00For
JPMorgan494,9860 00For
Fidelity460,6700 00For
Northern Trust333,5970 00For
AIG/SunAmerica234,3540 00For
Invesco217,8400 00For
Principal215,8140 00For
Brighthouse112,9880 00For
Equitable101,1530 00For
Lincoln Financial85,1540 00For
Voya65,7020 00For
MASTER INVESTMENT PORTFOLIO45,3100 00For
Calvert39,0560 00For
GuideStone34,5600 00For
BNY Mellon33,6930 00For
New York Life29,2380 00For
Nationwide21,4090 00For
Morgan Stanley19,4500 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

36. Appointment of Auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Appointment of Auditor” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

37. Appointment of Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Appointment of Auditor for Sustainability Reporting” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

38. Authority to Set Auditor's Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Authority to Set Auditor's Fees” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

39. Authority to Set Sustainability Reporting Auditor's Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 4,654,127 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: 4,654,127
Largest asset managers voting on “Authority to Set Sustainability Reporting Auditor's Fees” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,700,1380 00For
Principal1,100,4120 00For
Brinker Capital Destinations Trust686,9470 00For
Russell Investments111,7360 00For
Venerable Variable Insurance Trust26,5160 00For
Perpetual Americas Funds Trust17,1230 00For
VanEck ETF Trust7,5830 00For
Prudential/PGIM1,3870 00For
Adviser Managed Trust1,0580 00For
Federated Hermes9990 00For
Hartford2280 00For

40. Resolution on the remuneration for the auditor

No official resultsAUDIT-RELATEDCOMPENSATION

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RESOLUTION ON THE REMUNERATION FOR THE AUDITOR

The 7 asset managers below reported 2,352,946 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: 2,352,946
Largest asset managers voting on “RESOLUTION ON THE REMUNERATION FOR THE AUDITOR” at Stora Enso Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
John Hancock1,419,6280 00For
Six Circles Trust703,1190 00For
Bridge Builder Trust106,6590 00For
Jackson National95,5690 00For
GREEN CENTURY FUNDS18,7860 00For
BlackRock8,4740 00For
TIFF INVESTMENT PROGRAM7110 00For

Showing the 40 reported items with the widest manager coverage, of 45 in total. Every item is in the interactive database (link above).

Largest Stora Enso Oyj shareholders voting in 2025-2026

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 Stora Enso Oyj shareholders by shares voted on “Appoint PricewaterhouseCoopers as Auditor for Sustainability Reporting”, 2025-2026
#Asset manager Shares voted
1T. Rowe Price 29,000,276
2Vanguard 18,271,478
3BlackRock 13,259,522
4TIAA 1,529,029
5John Hancock 1,419,628
6State Street 1,317,551
7American Century 1,215,476
8DWS 1,065,877
9Advisors' Inner Circle Fund II 761,449
10Six Circles Trust 703,119
Institutional-manager reports: top Stora Enso Oyj shareholders by shares voted on “ADOPTION OF THE REMUNERATION REPORT”, 2025-2026
#Asset manager Shares voted
11832 Asset Management L.P. 20,518,218
2BlackRock 19,070,047
3Trium Capital LLP 120,663
4Siemens Fonds Invest GmbH 53,530
5WESTWOOD HOLDINGS GROUP INC 25,563
6Northern Trust 17,619
7Korea Investment CORP 181

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Stora Enso Oyj for the 2025-2026 season, so there is no denominator to divide by.

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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.

Stora Enso Oyj proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Stora Enso Oyj 2026 Annual Meeting: Vote Results & How Funds Voted”, https://proxyvotesnow.com/company/stora-enso-oyj/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.