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At TERNA Rete Elettrica Nazionale SpA's shareholder meeting held May 21, 2025, in the 2024-2025 proxy season, 83 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,368 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Second Section of the Remuneration Report — the reporting funds and managers cast 99.4% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings. Page generated November 8, 2026.
No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from TERNA Rete Elettrica Nazionale SpA 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
Explore TERNA Rete Elettrica Nazionale SpA in the interactive database Compare manager voting policies
Each item below shows how the 83 asset managers that disclosed a TERNA Rete Elettrica Nazionale SpA 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 TERNA Rete Elettrica Nazionale SpA’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.
100% of fund votes cast · no official result
Description as filed by funds: AUTHORIZATION TO PURCHASE AND DISPOSE OF TREASURY SHARES, SUBJECT TO REVOCATION OF THE AUTHORIZATION GRANTED BY THE SHAREHOLDERS' MEETING OF MAY 10, 2024
The 14 asset managers below reported 37,013,257 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,501,846 | 0 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 66,959 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
100% of fund votes cast · no official result
The 56 asset managers below reported 127,494,840 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 3,002,390 | 0 | 0 | 0 | For |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 694,135 | 0 | 0 | 0 | For |
| American Century | 500,160 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
| Empower | 247,430 | 0 | 0 | 0 | For |
Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).
100% of fund votes cast · no official result
The 56 asset managers below reported 127,494,840 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 3,002,390 | 0 | 0 | 0 | For |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 694,135 | 0 | 0 | 0 | For |
| American Century | 500,160 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
| Empower | 247,430 | 0 | 0 | 0 | For |
Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).
100% of fund votes cast · no official result
Description as filed by funds: ALLOCATION OF PROFIT FOR THE YEAR
The 14 asset managers below reported 37,013,257 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,501,846 | 0 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 66,959 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
— of fund votes cast · no official result
Description as filed by funds: INTERMEDIARY CLIENTS ONLY - PLEASE NOTE THAT IF YOU ARE CLASSIFIED AS AN INTERMEDIARY CLIENT UNDER THE SHAREHOLDER RIGHTS DIRECTIVE II, YOU SHOULD BE PROVIDING THE UNDERLYING SHAREHOLDER INFORMATION AT THE VOTE INSTRUCTION LEVEL. IF YOU ARE UNSURE ON HOW TO PROVIDE THIS LEVEL OF DATA TO BROADRIDGE OUTSIDE OF PROXYEDGE, PLEASE SPEAK TO YOUR DEDICATED CLIENT SERVICE REPRESENTATIVE FOR ASSISTANCE
The 2 asset managers below reported 1,280,000 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| NEW ALTERNATIVES FUND | 0 | 0 | 1,280,000 | 0 | Abstain |
| Northern Lights Fund Trust IV | 0 | 0 | 0 | 0 | -- |
— of fund votes cast · no official result
Description as filed by funds: VOTING MUST BE LODGED WITH BENEFICIAL OWNER DETAILS AS PROVIDED BY YOUR CUSTODIAN BANK. IF NO BENEFICIAL OWNER DETAILS ARE PROVIDED, YOUR INSTRUCTIONS MAY BE REJECTED.
The 2 asset managers below reported 1,280,000 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| NEW ALTERNATIVES FUND | 0 | 0 | 1,280,000 | 0 | Abstain |
| Northern Lights Fund Trust IV | 0 | 0 | 0 | 0 | -- |
— of fund votes cast · no official result
Description as filed by funds: VOTING MUST BE LODGED WITH SHAREHOLDER DETAILS AS PROVIDED BY YOUR CUSTODIAN BANK. IF NO SHAREHOLDER DETAILS ARE PROVIDED, YOUR INSTRUCTIONS MAY BE REJECTED.
The 2 asset managers below reported 1,280,000 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| NEW ALTERNATIVES FUND | 0 | 0 | 1,280,000 | 0 | Abstain |
| Northern Lights Fund Trust IV | 0 | 0 | 0 | 0 | -- |
99.4% of fund votes cast · no official result
The 56 asset managers below reported 126,800,705 for, 694,135 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 3,002,390 | 0 | 0 | 0 | For |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 694,135 | 0 | 0 | Against |
| American Century | 500,160 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
| Empower | 247,430 | 0 | 0 | 0 | For |
Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).
99.4% of fund votes cast · no official result
The 56 asset managers below reported 126,800,705 for, 694,135 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 3,002,390 | 0 | 0 | 0 | For |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 694,135 | 0 | 0 | Against |
| American Century | 500,160 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
| Empower | 247,430 | 0 | 0 | 0 | For |
Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).
99.8% of fund votes cast · no official result
Description as filed by funds: LONG-TERM INCENTIVE PLAN BASED ON PERFORMANCE SHARE 2025-2029 INTENDED FOR THE MANAGEMENT OF TERNA S.P.A. AND/OR ITS SUBSIDIARIES PURSUANT TO ART. 2359 OF THE CIVIL CODE
The 14 asset managers below reported 36,946,298 for, 66,959 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,501,846 | 0 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 0 | 66,959 | 0 | 0 | Against |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
99.4% Fund and manager reports combined; may count the same shares twice · no official result
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 3,002,390 | 0 | 0 | 0 | For |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 694,135 | 0 | 0 | Against |
| American Century | 500,160 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
| Empower | 247,430 | 0 | 0 | 0 | For |
Fund voting reports, all 55 managers: 126,742,389 for, 694,135 against. Showing the 25 largest; every one is in the interactive database (link above).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| APG Asset Management US Inc. | 3,894,678 | 0 | 0 | 0 | For |
| JPMorgan | 1,971,273 | 0 | 0 | 0 | For |
| Desjardins Global Asset Management Inc. | 346,770 | 0 | 0 | 0 | For |
| RWC Asset Management LLP | 58,316 | 0 | 0 | 0 | For |
| Plato Investment Management Ltd | 6,221 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 6,277,258 for.
97% of fund votes cast · no official result
The 58 asset managers below reported 124,056,113 for, 3,930,742 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Lazard | 46,060,806 | 0 | 0 | 0 | For |
| Vanguard | 40,963,198 | 0 | 0 | 0 | For |
| Fidelity | 9,469,556 | 0 | 0 | 0 | For |
| First Trust | 6,039,215 | 0 | 0 | 0 | For |
| DWS | 4,563,895 | 0 | 0 | 0 | For |
| State Street | 0 | 3,002,390 | 0 | 0 | Against |
| TIAA | 2,333,658 | 0 | 0 | 0 | For |
| Dimensional | 2,044,517 | 0 | 0 | 0 | For |
| Northern Trust | 1,705,456 | 0 | 0 | 0 | For |
| New York Life | 947,787 | 0 | 0 | 0 | For |
| Principal | 911,976 | 0 | 0 | 0 | For |
| Legg Mason | 838,426 | 0 | 0 | 0 | For |
| Victory Capital | 785,170 | 0 | 0 | 0 | For |
| Nuveen | 769,981 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 694,135 | 0 | 0 | Against |
| American Century | 500,160 | 0 | 0 | 0 | For |
| ALGEBRIS (UK) LTD | 484,246 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 461,914 | 0 | 0 | 0 | For |
| Equitable | 436,542 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 430,200 | 0 | 0 | 0 | For |
| Waddell & Reed | 415,058 | 0 | 0 | 0 | For |
| Franklin Templeton | 355,634 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 331,890 | 0 | 0 | 0 | For |
| WisdomTree | 313,858 | 0 | 0 | 0 | For |
| PRAXIS FUNDS | 263,787 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. All 58 are in the interactive database (link above).
99.2% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: REPORT ON THE REMUNERATION POLICY AND COMPENSATION PAID: SECOND SECTION: REPORT ON REMUNERATION PAID (NON-BINDING RESOLUTION)
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,501,846 | 0 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 66,959 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
Fund voting reports, all 14 managers: 37,013,257 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 75,987,706 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD & CO LTD | 3,901,352 | 0 | 0 | 0 | For |
| 1832 Asset Management L.P. | 1,231,441 | 0 | 0 | 0 | For |
| Siemens Fonds Invest GmbH | 0 | 935,840 | 0 | 0 | Against |
| Northern Trust | 251,477 | 0 | 0 | 0 | For |
| Korea Investment CORP | 147,296 | 0 | 0 | 0 | For |
| NATIONAL BANK INVESTMENTS INC. | 58,532 | 0 | 0 | 0 | For |
| XPONANCE, INC. | 2,031 | 0 | 0 | 0 | For |
| Copeland Capital Management, LLC | 1,091 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 81,580,926 for, 935,840 against.
99.9% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: REPORT ON THE REMUNERATION POLICY AND COMPENSATION PAID: FIRST SECTION: REPORT ON THE REMUNERATION POLICY (BINDING RESOLUTION)
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,452,502 | 49,344 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 66,959 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
Fund voting reports, all 14 managers: 36,963,913 for, 49,344 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 75,987,706 | 0 | 0 | 0 | For |
Institutional-manager reports, all 1 managers: 75,987,706 for.
100% of fund votes cast · no official result
The 3 asset managers below reported 1,843,865 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| TD ASSET MANAGEMENT INC | 1,351,850 | 0 | 0 | 0 | For |
| ALGEBRIS (UK) LTD | 484,246 | 0 | 0 | 0 | For |
| Regime de rentes du Mouvement Desjardins | 7,769 | 0 | 0 | 0 | For |
100% of fund votes cast · no official result
Description as filed by funds: ANNUAL FINANCIAL REPORT 2024 WHICH INCLUDES THE REPORT ON OPERATIONS, INCLUDING THE CONSOLIDATED SUSTAINABILITY REPORT PREPARED PURSUANT TO LEGISLATIVE DECREE NO. 125 OF 6 SEPTEMBER 2024, THE DRAFT FINANCIAL STATEMENTS OF TERNA S.P.A. AND THE CONSOLIDATED FINANCIAL STATEMENTS OF THE TERNA GROUP AS AT 31 DECEMBER 2024, AS WELL AS THE REPORTS OF THE BOARD OF STATUTORY AUDITORS AND THE INDEPENDENT AUDITORS
The 14 asset managers below reported 37,013,257 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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 30,173,788 | 0 | 0 | 0 | For |
| Six Circles Trust | 2,046,405 | 0 | 0 | 0 | For |
| John Hancock | 1,501,846 | 0 | 0 | 0 | For |
| NEW ALTERNATIVES FUND | 1,280,000 | 0 | 0 | 0 | For |
| JPMorgan | 949,249 | 0 | 0 | 0 | For |
| Jackson National | 272,303 | 0 | 0 | 0 | For |
| FRONTIER FUNDS, INC. | 202,720 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 198,872 | 0 | 0 | 0 | For |
| Allianz | 118,645 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 109,308 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 76,431 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 66,959 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 11,455 | 0 | 0 | 0 | For |
| GPS Funds I | 5,276 | 0 | 0 | 0 | For |
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.
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | Lazard | 46,060,806 |
| 2 | Vanguard | 40,963,198 |
| 3 | Fidelity | 9,469,556 |
| 4 | First Trust | 6,039,215 |
| 5 | DWS | 4,563,895 |
| 6 | State Street | 3,002,390 |
| 7 | TIAA | 2,333,658 |
| 8 | Dimensional | 2,044,517 |
| 9 | Northern Trust | 1,705,456 |
| 10 | New York Life | 947,787 |
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | BlackRock | 75,987,706 |
| 2 | BAILLIE GIFFORD & CO LTD | 3,901,352 |
| 3 | 1832 Asset Management L.P. | 1,231,441 |
| 4 | Siemens Fonds Invest GmbH | 935,840 |
| 5 | Northern Trust | 251,477 |
| 6 | Korea Investment CORP | 147,296 |
| 7 | NATIONAL BANK INVESTMENTS INC. | 58,532 |
| 8 | XPONANCE, INC. | 2,031 |
| 9 | Copeland Capital Management, LLC | 1,091 |
Shown as share counts, not percentages: no shares-outstanding figure has been matched to TERNA Rete Elettrica Nazionale SpA for the 2024-2025 season, so there is no denominator to divide by.
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.
TERNA Rete Elettrica Nazionale SpA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
proxyvotesnow.com, “TERNA Rete Elettrica Nazionale SpA 2025 Annual Meeting: Vote Results”, https://proxyvotesnow.com/company/terna-rete-elettrica-nazionale-spa/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.