Home › Companies › TELEFONICA SA › 2023-2024

TELEFONICA SA 2023-2024 Proxy Voting Records

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

  • 57Reported items
  • 175Asset managers
  • 4,965Fund votes
  • 2024-04-11Meeting date

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

Explore TELEFONICA SA in the interactive database Compare manager voting policies

How asset managers voted at the TELEFONICA SA 2023-2024 meeting

Each item below shows how the 175 asset managers that disclosed a TELEFONICA SA 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 TELEFONICA SA’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 REMUNERATION REPORT

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

94% fund support · no official result

FOR 94%

The 84 asset managers below cast 94% of the shares they voted on this item FOR (458,710,564 for, 29,389,996 against).

FOR: 458,710,564 (94.0%)AGAINST: 29,389,996 (6.0%)
Largest asset managers voting on “ADVISORY VOTE ON REMUNERATION REPORT” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
APG Asset Management US Inc.028,006,798 00Against
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
JPMorgan15,826,4700 00For
TIAA13,235,3900 00For
Northern Trust8,007,462303,677 00For
State Street8,157,0100 00For
LETKO, BROSSEAU & ASSOCIATES INC6,094,0360 00For
Pacer Funds Trust5,915,2350 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Siemens Fonds Invest GmbH1,182,7860 00For
Lincoln Financial1,181,7110 00For

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

2. Consultative vote on the 2023 Annual Report on Directors Remuneration.

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 82 asset managers below cast 97% of the shares they voted on this item FOR (6,261,736 for, 203,337 against).

FOR: 6,261,736 (96.7%)AGAINST: 203,337 (3.1%)ABSTAIN: 5,054 (0.1%)NOT VOTED: 5,021 (0.1%)UNKNOWN: 1,104 (0.0%)
Largest asset managers voting on “Consultative vote on the 2023 Annual Report on Directors Remuneration.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Northern Trust3,313,5850 00For
Gabelli1,575,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
Natixis243,5790 00For
First Trust0203,030 00Against
ENVESTNET ASSET MANAGEMENT INC158,7520 00For
AUXIER ASSET MANAGEMENT147,6860 00For
MITCHELL & PAHL PRIVATE WEALTH, LLC131,5420 00For
JPMorgan60,0000 00For
KEYBANK NATIONAL ASSOCIATION/OH49,0650 00For
World Funds Trust38,7700 00For
PNC BANK, NATIONAL ASSOCIATION37,6340 00For
FORUM FUNDS34,1190 00For
US BANK NATIONAL ASSOCIATION20,0280 00For
Sanibel Captiva Trust Company, Inc.14,1310 00For
TRUIST FINANCIAL CORP12,3040 00For
Avantax Planning Partners, Inc.11,6630 00For
FIDUCIARY TRUST CO11,5530 00For
FINANCIAL COUNSELORS INC11,5230 00For
Trust Point Inc.11,1140 00For
Rockingstone Advisors LLC8,8860 00For
Capital Group7,0570 00For
Corient Private Wealth LLC6,9950 00For
GAMMA Investing LLC00 00Not Voted
ROCKEFELLER FINANCIAL LLC00 4,4370Abstain

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

3. Approve Long-Term Incentive Plan

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 70 asset managers below cast 99.9% of the shares they voted on this item FOR (433,323,731 for, 30,630 against).

FOR: 433,323,731 (100.0%)AGAINST: 30,630 (0.0%)
Largest asset managers voting on “Approve Long-Term Incentive Plan” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

4. Approve Allocation of Income

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Approve Allocation of Income” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

5. Approve Consolidated and Standalone Financial Statements

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Approve Consolidated and Standalone Financial Statements” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

6. Approve Discharge of Board

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Approve Discharge of Board” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

7. Approve Dividends Charged Against Unrestricted Reserves

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Approve Dividends Charged Against Unrestricted Reserves” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

8. Approve Non-Financial Information Statement

CORPORATE GOVERNANCEENVIRONMENT OR CLIMATEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEDIVERSITY, EQUITY, AND INCLUSION

100% fund support · no official result

FOR 99.2%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (430,025,357 for, 0 against).

FOR: 430,025,357 (99.3%)ABSTAIN: 3,194,904 (0.7%)
Largest asset managers voting on “Approve Non-Financial Information Statement” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica00 3,166,1730Abstain
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

9. Approve Reduction in Share Capital via Amortization of Treasury Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Approve Reduction in Share Capital via Amortization of Treasury Shares” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

10. Authorize Board to Ratify and Execute Approved Resolutions

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Authorize Board to Ratify and Execute Approved Resolutions” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

11. Ratify Appointment of and Elect Alejandro Reynal Ample as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Ratify Appointment of and Elect Alejandro Reynal Ample as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

12. Ratify Appointment of and Elect Solange Sobral Targa as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Ratify Appointment of and Elect Solange Sobral Targa as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

13. Reelect Claudia Sender Ramirez as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Reelect Claudia Sender Ramirez as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

14. Reelect Isidro Faine Casas as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Reelect Isidro Faine Casas as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

15. Reelect Jose Javier Echenique Landiribar as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Reelect Jose Javier Echenique Landiribar as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

16. Reelect Peter Loscher as Director

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 99.9% of the shares they voted on this item FOR (433,074,537 for, 15,462 against).

FOR: 433,074,537 (100.0%)AGAINST: 15,462 (0.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Reelect Peter Loscher as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

17. Reelect Veronica Maria Pascual Boe as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,089,999 for, 0 against).

FOR: 433,089,999 (100.0%)ABSTAIN: 130,262 (0.0%)
Largest asset managers voting on “Reelect Veronica Maria Pascual Boe as Director” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

18. Renew Appointment of PricewaterhouseCoopers as Auditor

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (433,220,261 for, 0 against).

FOR: 433,220,261 (100.0%)
Largest asset managers voting on “Renew Appointment of PricewaterhouseCoopers as Auditor” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard139,565,0450 00For
BlackRock106,034,8530 00For
Fidelity38,072,0320 00For
Capital Group32,354,3750 00For
Dimensional23,792,4080 00For
INTERNATIONAL GROWTH & INCOME FUND17,828,7530 00For
TIAA13,235,3900 00For
State Street8,157,0100 00For
Pacer Funds Trust5,915,2350 00For
JPMorgan5,897,9710 00For
First Trust3,259,9220 00For
AIG/SunAmerica3,166,1730 00For
American Century3,108,9670 00For
PIMCO2,865,2060 00For
John Hancock2,407,1780 00For
MoA Funds Corp2,222,8950 00For
Voya2,104,2410 00For
DWS1,984,2080 00For
Northern Trust1,489,7590 00For
Equitable1,332,9000 00For
ALPS ETF Trust1,265,7010 00For
Lincoln Financial1,181,7110 00For
Six Circles Trust1,069,9430 00For
Investment Managers Series Trust960,7530 00For
Jackson National943,8280 00For

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

19. Approval of Long-Term Incentive Plan

COMPENSATION

100% fund support · no official result

FOR 100%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (28,809,749 for, 0 against).

FOR: 28,809,749 (100.0%)
Largest asset managers voting on “Approval of Long-Term Incentive Plan” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Union Investment Institutional GmbH147,1770 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Union Investment Privatfonds GmbH60,6390 00For
Adviser Managed Trust6,3810 00For

20. Shareholder compensation. Distribution of dividends from unrestricted reserves.

INVESTMENT COMPANY MATTERS

100% fund support · no official result

FOR 99.9%

The 9 asset managers below cast 100% of the shares they voted on this item FOR (1,877,490 for, 0 against).

FOR: 1,877,490 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Shareholder compensation. Distribution of dividends from unrestricted reserves.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Belpointe Asset Management LLC10,3600 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

21. Approval of a Long-Term Incentive Plan consisting of the delivery of shares of Telefonica, S.A. to Senior Executives of the Telefonica Group.

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,833,011 for, 0 against).

FOR: 1,833,011 (100.0%)ABSTAIN: 385 (0.0%)
Largest asset managers voting on “Approval of a Long-Term Incentive Plan consisting of the delivery of shares of Telefonica, S.A. to Senior Exec” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For
Ironwood Investment Counsel, LLC00 80Abstain

22. Delegation of powers to formalize, interpret, rectify and carry out the resolutions adopted by the shareholders at the General Shareholders' Meeting.

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,867,130 for, 0 against).

FOR: 1,867,130 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Delegation of powers to formalize, interpret, rectify and carry out the resolutions adopted by the shareholder” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

23. Ratification and appointment of Mr. Alejandro Reynal Ample as an Independent Director.

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,867,130 for, 0 against).

FOR: 1,867,130 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Ratification and appointment of Mr. Alejandro Reynal Ample as an Independent Director.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

24. Ratification and appointment of Ms. Solange Sobral Targa as an Independent Director.

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,867,130 for, 0 against).

FOR: 1,867,130 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Ratification and appointment of Ms. Solange Sobral Targa as an Independent Director.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

25. Re-election of the Statutory Auditor for fiscal year 2024.

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,867,130 for, 0 against).

FOR: 1,867,130 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Re-election of the Statutory Auditor for fiscal year 2024.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

26. Reduction of share capital through the cancellation of own shares, excluding the right of creditors to object, amending the text of Article 6 of the By-Laws relating to share capital.

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.9%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (1,867,130 for, 0 against).

FOR: 1,867,130 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Reduction of share capital through the cancellation of own shares, excluding the right of creditors to object,” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
FORUM FUNDS34,1190 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

27. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Accounts and Reports” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

28. Allocation of Profits/Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Allocation of Profits/Dividends” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

29. Appointment of Auditor

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Appointment of Auditor” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

30. Approval of the Annual Accounts and of the Management Report of both Telefonica, S.A. and its Consolidated Group of Companies for fiscal year 2023.

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (1,833,011 for, 0 against).

FOR: 1,833,011 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Approval of the Annual Accounts and of the Management Report of both Telefonica, S.A. and its Consolidated Gro” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

31. Approval of the Proposed Allocation of the Profits/Losses of Telefonica, S.A. for fiscal year 2023.

OTHER

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (1,833,011 for, 0 against).

FOR: 1,833,011 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Approval of the Proposed Allocation of the Profits/Losses of Telefonica, S.A. for fiscal year 2023.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

32. Approval of the Statement of Non-Financial Information of the Consolidated Group of Companies led by Telefonica, S.A. for fiscal year 2023 included in the Consolidated Management Report of Telefonica, S.A. and of its Group of Companies for such fiscal year.

OTHER SOCIAL ISSUES

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (1,833,011 for, 0 against).

FOR: 1,833,011 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Approval of the Statement of Non-Financial Information of the Consolidated Group of Companies led by Telefonic” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,499,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

33. Approval of the management of the Board of Directors of Telefonica, S.A. during fiscal year 2023.

OTHER

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (1,583,011 for, 0 against).

FOR: 1,583,011 (100.0%)ABSTAIN: 377 (0.0%)
Largest asset managers voting on “Approval of the management of the Board of Directors of Telefonica, S.A. during fiscal year 2023.” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli1,249,0000 00For
TRUST FOR PROFESSIONAL MANAGERS291,5350 00For
World Funds Trust38,7700 00For
Advisor Managed Portfolios2,1110 00For
Boltwood Capital Management1,5000 00For
BMC FUND INC00 3770Abstain
CITY NATIONAL ROCHDALE FUNDS950 00For

34. Authorisation of Legal Formalities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Authorisation of Legal Formalities” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

35. Cancellation of Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Cancellation of Shares” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

36. Elect Claudia Sender Ramirez

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Elect Claudia Sender Ramirez” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

37. Elect Isidro Faine Casas

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Elect Isidro Faine Casas” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

38. Elect Jose Javier Echenique Landiribar

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Elect Jose Javier Echenique Landiribar” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

39. Elect Peter Loscher

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Elect Peter Loscher” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

40. Elect Veronica Maria Pascual Boe

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (28,601,933 for, 0 against).

FOR: 28,601,933 (100.0%)
Largest asset managers voting on “Elect Veronica Maria Pascual Boe” at TELEFONICA SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab27,306,3490 00For
Prudential/PGIM525,7860 00For
STERLING CAPITAL FUNDS305,1250 00For
SEI221,4730 00For
Empower143,6140 00For
Russell Investments93,2050 00For
Adviser Managed Trust6,3810 00For

Showing the 40 reported items with the widest manager coverage, of 57 in total. View every item.

Largest TELEFONICA SA shareholders voting in 2023-2024

Ranked by the number of TELEFONICA SA shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 5,750,458,145 shares outstanding at the time of that meeting.

Top TELEFONICA SA shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 2.43%
2BlackRock 1.84%
3Fidelity 0.66%
4Capital Group 0.56%
5APG Asset Management US Inc. 0.49%
6Dimensional 0.41%
7INTERNATIONAL GROWTH & INCOME FUND 0.31%
8JPMorgan 0.28%
9TIAA 0.23%
10Northern Trust 0.14%

Reported TELEFONICA SA ownership

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

TELEFONICA SA beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
Green Bridge Investment Company SCS 9.83% 13D

Percentages above are of 5,750,458,145 shares outstanding, as reported by TELEFONICA SA on its Form 20-F dated 2023-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from TELEFONICA SA’s 20-F dated 2023-12-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At TELEFONICA SA's shareholder meeting held 2024-04-11, in the 2023-2024 proxy season, 175 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,965 separate fund positions. Their filings are grouped here into 57 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 REMUNERATION REPORT — the reporting funds cast 94% 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.

TELEFONICA SA proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.