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Home › Companies › TOTVS SA › 2023-2024

TOTVS SA 2023-2024 Proxy Voting Records

At TOTVS SA's shareholder meeting held April 23, 2024, in the 2023-2024 proxy season, 62 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,358 separate fund positions. Their filings are grouped here into 67 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 — Elect Laercio Jose de Lucena Cosentino as Director — the reporting funds cast 99% 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.

  • 67Reported items
  • 62Asset managers
  • 3,358Fund votes
  • April 23, 2024Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from TOTVS SA 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 2025-2026

Explore TOTVS SA in the interactive database Compare manager voting policies

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

Each item below shows how the 62 asset managers that disclosed a TOTVS 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 TOTVS 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. Elect Laercio Jose de Lucena Cosentino as Director

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 90,251,159 for, 1,196,261 against, 206,515 not voted. 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: 90,251,159AGAINST: 1,196,261NOT VOTED: 206,515
Largest asset managers voting on “Elect Laercio Jose de Lucena Cosentino as Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,780,3770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
Charles Schwab0566,410 00Against
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
American Century0397,300 00Against

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

2. Elect Maria Leticia de Freitas Costa as Independent Director

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

99.7% of fund votes cast · no official result

FOR
Details: votes by 54 asset managers

The 54 asset managers below reported 91,173,565 for, 273,855 against, 206,515 not voted. 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: 91,173,565AGAINST: 273,855NOT VOTED: 206,515
Largest asset managers voting on “Elect Maria Leticia de Freitas Costa as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,780,3770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
Charles Schwab566,4100 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
American Century397,3000 00For

Showing the 25 largest of 54 asset managers. All 54 are in the interactive database (link above).

3. Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of…

No official resultsSHAREHOLDER RIGHTS AND DEFENSES

4% of fund votes cast · no official result

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

Description as filed by funds: Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

The 46 asset managers below reported 503,500 for, 13,537,084 against, 75,197,371 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: 503,500AGAINST: 13,537,084ABSTAIN: 75,197,371
Largest asset managers voting on “Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Te” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco00 21,580,6370Abstain
BlackRock00 16,000,2160Abstain
Fidelity011,158,200 2,540,1000Mixed
Vanguard00 12,423,1770Abstain
Columbia Threadneedle00 4,327,0390Abstain
Goldman Sachs033,600 2,324,3000Abstain
MFS00 2,021,3000Abstain
T. Rowe Price00 1,614,9410Abstain
DWS00 1,504,8050Abstain
Royce01,409,278 00Against
Virtus00 1,326,2460Abstain
Dimensional00 1,203,5340Abstain
WILLIAM BLAIR FUNDS00 1,038,4000Abstain
TIAA00 1,014,3520Abstain
Victory Capital00 796,2000Abstain
AllianceBernstein00 770,2000Abstain
TEMPLETON DEVELOPING MARKETS TRUST00 684,0830Abstain
State Street0611,892 00Against
WANGER ADVISORS TRUST00 506,0840Abstain
Ashmore Funds503,5000 00For
AIG/SunAmerica00 436,1000Abstain
American Century00 397,3000Abstain
Franklin Templeton00 370,2130Abstain
PACE SELECT ADVISORS TRUST00 342,1000Abstain
WisdomTree00 322,9200Abstain

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

4. Elect Ana Claudia Reis as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Elect Ana Claudia Reis as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

5. Elect Edson Georges Nassar as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Elect Edson Georges Nassar as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

6. Elect Gilberto Mifano as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Elect Gilberto Mifano as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

7. Elect Guilherme Stocco Filho as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Elect Guilherme Stocco Filho as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

8. Elect Tania Sztamfater Chocolat as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Elect Tania Sztamfater Chocolat as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

9. In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

10. Percentage of Votes to Be Assigned - Elect Ana Claudia Reis as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Ana Claudia Reis as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

11. Percentage of Votes to Be Assigned - Elect Edson Georges Nassar as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Edson Georges Nassar as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

12. Percentage of Votes to Be Assigned - Elect Gilberto Mifano as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Gilberto Mifano as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

13. Percentage of Votes to Be Assigned - Elect Guilherme Stocco Filho as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Guilherme Stocco Filho as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

14. Percentage of Votes to Be Assigned - Elect Laercio Jose de Lucena Cosentino as Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Laercio Jose de Lucena Cosentino as Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

15. Percentage of Votes to Be Assigned - Elect Maria Leticia de Freitas Costa as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Maria Leticia de Freitas Costa as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

16. Percentage of Votes to Be Assigned - Elect Tania Sztamfater Chocolat as Independent Director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 78,079,755 for, 11,158,200 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: 78,079,755ABSTAIN: 11,158,200
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Tania Sztamfater Chocolat as Independent Director” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity2,540,1000 11,158,2000Mixed
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

17. Allocate Cumulative Votes to Ana Claudia Reis

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Ana Claudia Reis” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

18. Allocate Cumulative Votes to Edson Georges Nassar

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Edson Georges Nassar” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

19. Allocate Cumulative Votes to Gilberto Mifano

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Gilberto Mifano” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

20. Allocate Cumulative Votes to Guilherme Stocco Filho

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Guilherme Stocco Filho” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

21. Allocate Cumulative Votes to Laercio Jose de Lucena Cosentino

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FORABSTAIN
Details: votes by 9 asset managers

The 9 asset managers below reported 1,454,900 for, 9,900 against, 744,665 abstained, 206,515 not voted. 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: 1,454,900AGAINST: 9,900ABSTAIN: 744,665NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Laercio Jose de Lucena Cosentino” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab00 566,4100Abstain
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI00 144,4000Abstain
Russell Investments00 33,8550Abstain
Hartford09,900 00Against

22. Allocate Cumulative Votes to Maria Leticia de Freitas Costa

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Maria Leticia de Freitas Costa” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

23. Allocate Cumulative Votes to Tania Sztamfater Chocolat

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocate Cumulative Votes to Tania Sztamfater Chocolat” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

24. Elect Ana Claudia Piedade Silveira dos Reis

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Elect Ana Claudia Piedade Silveira dos Reis” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

25. Elect Edson Georges Nassar

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Elect Edson Georges Nassar” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

26. Elect Gilberto Mifano

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Elect Gilberto Mifano” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

27. Elect Guilherme Stocco Filho

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Elect Guilherme Stocco Filho” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

28. Elect Tania Sztamfater Chocolat

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Elect Tania Sztamfater Chocolat” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

29. Proportional Allocation of Cumulative Votes

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Proportional Allocation of Cumulative Votes” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

30. Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?

No official resultsCORPORATE GOVERNANCE

89% of fund votes cast · no official result

ABSTAIN
Details: votes by 46 asset managers

The 46 asset managers below reported 12,296,706 for, 1,442,878 against, 75,498,371 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: 12,296,706AGAINST: 1,442,878ABSTAIN: 75,498,371
Largest asset managers voting on “Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corpo” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco00 21,580,6370Abstain
BlackRock00 16,000,2160Abstain
Fidelity11,158,2000 2,540,1000Mixed
Vanguard00 12,423,1770Abstain
Columbia Threadneedle00 4,327,0390Abstain
Goldman Sachs033,600 2,324,3000Abstain
MFS00 2,021,3000Abstain
T. Rowe Price00 1,614,9410Abstain
DWS00 1,504,8050Abstain
Royce01,409,278 00Against
Virtus00 1,326,2460Abstain
Dimensional00 1,203,5340Abstain
WILLIAM BLAIR FUNDS00 1,038,4000Abstain
TIAA00 1,014,3520Abstain
Victory Capital00 796,2000Abstain
AllianceBernstein00 770,2000Abstain
TEMPLETON DEVELOPING MARKETS TRUST00 684,0830Abstain
State Street611,8920 00For
WANGER ADVISORS TRUST00 506,0840Abstain
Ashmore Funds503,5000 00For
AIG/SunAmerica00 436,1000Abstain
American Century00 397,3000Abstain
Franklin Templeton00 370,2130Abstain
PACE SELECT ADVISORS TRUST00 342,1000Abstain
WisdomTree00 322,9200Abstain

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

31. Fix Number of Directors at Seven

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 89,237,955 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: 89,237,955
Largest asset managers voting on “Fix Number of Directors at Seven” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

32. Board Size

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Board Size” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

33. Capital Expenditure Budget

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Capital Expenditure Budget” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

34. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 46 asset managers

The 46 asset managers below reported 73,178,659 for, 16,059,296 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: 73,178,659ABSTAIN: 16,059,296
Largest asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock00 16,000,2160Abstain
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

35. Approve Allocation of Income and Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 46 asset managers

The 46 asset managers below reported 89,237,955 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: 89,237,955
Largest asset managers voting on “Approve Allocation of Income and Dividends” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

36. Approve Capital Budget

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 89,237,955 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: 89,237,955
Largest asset managers voting on “Approve Capital Budget” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST684,0830 00For
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton370,2130 00For
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

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

37. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Accounts and Reports” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

38. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 2,209,465 for, 206,515 not voted. 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: 2,209,465NOT VOTED: 206,515
Largest asset managers voting on “Allocation of Profits/Dividends” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab566,4100 00For
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI144,4000 00For
Russell Investments33,8550 00For
Hartford9,9000 00For

39. Approve Remuneration of Company's Management

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 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: 44 asset managers voting on “Approve Remuneration of Company's Management” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco21,580,6370 00For
BlackRock16,000,2160 00For
Fidelity13,698,3000 00For
Vanguard12,423,1770 00For
Columbia Threadneedle4,327,0390 00For
Goldman Sachs2,357,9000 00For
MFS2,021,3000 00For
T. Rowe Price1,614,9410 00For
DWS1,504,8050 00For
Royce1,409,2780 00For
Virtus1,326,2460 00For
Dimensional1,203,5340 00For
WILLIAM BLAIR FUNDS1,038,4000 00For
TIAA1,014,3520 00For
Victory Capital796,2000 00For
AllianceBernstein770,2000 00For
TEMPLETON DEVELOPING MARKETS TRUST0684,083 00Against
State Street611,8920 00For
WANGER ADVISORS TRUST506,0840 00For
Ashmore Funds503,5000 00For
AIG/SunAmerica436,1000 00For
American Century397,3000 00For
Franklin Templeton216,900153,313 00Mixed
PACE SELECT ADVISORS TRUST342,1000 00For
WisdomTree322,9200 00For

Fund voting reports, all 44 managers: 87,828,070 for, 1,129,633 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Remuneration of Company's Management” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.4,487,8660 00For
TimesSquare Capital Management, LLC0280,252 00Against

Institutional-manager reports, all 2 managers: 4,487,866 for, 280,252 against.

40. Remuneration Policy

66% of fund votes cast · no official result

FORAGAINST
Details: votes by 9 asset managers

The 9 asset managers below reported 1,454,900 for, 754,565 against, 206,515 not voted. 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: 1,454,900AGAINST: 754,565NOT VOTED: 206,515
Largest asset managers voting on “Remuneration Policy” at TOTVS SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab0566,410 00Against
Nationwide431,5000 00For
Mercer Funds426,2000 00For
Vanguard357,2000 00For
Federated Hermes240,0000 00For
Putnam00 00Not Voted
SEI0144,400 00Against
Russell Investments033,855 00Against
Hartford09,900 00Against

Showing the 40 reported items with the widest manager coverage, of 67 in total. Every item is in the interactive database (link above).

Largest TOTVS SA shareholders voting in 2023-2024

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 TOTVS SA shareholders by shares voted on “Elect Laercio Jose de Lucena Cosentino as Director”, 2023-2024
#Asset manager Shares voted
1Invesco 21,580,637
2BlackRock 16,000,216
3Fidelity 13,698,300
4Vanguard 12,780,377
5Columbia Threadneedle 4,327,039
6Goldman Sachs 2,357,900
7MFS 2,021,300
8T. Rowe Price 1,614,941
9DWS 1,504,805
10Royce 1,409,278
Institutional-manager reports: top TOTVS SA shareholders by shares voted on “Approve Remuneration of Company's Management”, 2023-2024
#Asset manager Shares voted
1APG Asset Management US Inc. 4,487,866
2TimesSquare Capital Management, LLC 280,252

Shown as share counts, not percentages: no shares-outstanding figure has been matched to TOTVS SA for the 2023-2024 season, so there is no denominator to divide by.

Related

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.

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

Cite this page

proxyvotesnow.com, “TOTVS SA 2024 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/totvs-sa/2024 (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.