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Home › Companies › TOTVS SA › 2025-2026

TOTVS SA 2025-2026 Proxy Voting Records

At TOTVS SA's 2 shareholder meetings in the 2025-2026 proxy season (held October 30, 2025 and April 24, 2026), 54 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,055 separate fund positions. Their filings are grouped here into 48 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 Acquisition of Linx Participacoes S.A. — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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

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

  • 48Reported items
  • 54Asset managers
  • 3,055Fund votes
  • April 24, 2026Main meeting 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 2025-2026 meetings

Each item below shows how the 54 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. 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

Meeting held April 24, 2026; no official results are on file for this meeting.

0% of fund votes cast · no official result

AGAINSTABSTAIN
Details: description as filed, votes by 38 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 38 asset managers below reported 14,492,453 against, 87,154,122 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.

AGAINST: 14,492,453ABSTAIN: 87,154,122
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 27,603,8330Abstain
MFS00 24,339,1610Abstain
Vanguard00 13,682,6560Abstain
Fidelity010,101,500 2,796,6940Mixed
Invesco00 4,943,8030Abstain
T. Rowe Price00 3,506,3290Abstain
TEMPLETON EMERGING MARKETS EQUITY FUND00 2,123,3380Abstain
Lazard01,983,962 00Against
Dodge & Cox01,207,500 00Against
Equitable00 1,172,1560Abstain
Voya00 1,117,7590Abstain
Franklin Templeton00 942,3710Abstain
TIAA00 893,6100Abstain
State Street0862,207 00Against
BNY Mellon00 622,4100Abstain
Lincoln Financial011,614 571,9000Abstain
Ashmore Funds00 421,4000Abstain
AIG/SunAmerica00 341,9990Abstain
American Century00 310,3000Abstain
JPMorgan00 309,1630Abstain
Dimensional00 289,0470Abstain
Northern Trust00 273,8680Abstain
TEMPLETON EMERGING MARKETS FUND00 266,0800Abstain
Columbia Threadneedle00 250,9670Abstain
Global Macro Capital Opportunities Portfolio0162,100 00Against

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

2. Elect Ana Claudia Piedade Silveira dos Reis as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Ana Claudia Piedade Silveira dos Reis as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

3. Elect Edson Georges Nassar as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Edson Georges Nassar as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

4. Elect Gilberto Mifano as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Gilberto Mifano as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

5. Elect Guilherme Stocco Filho as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Guilherme Stocco Filho as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

6. Elect Isabella de Oliveira Vianna Cavalcanti Wanderley as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Isabella de Oliveira Vianna Cavalcanti Wanderley as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

7. Elect Laercio Jose de Lucena Cosentino as Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

99.1% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 100,735,365 for, 911,210 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 100,735,365AGAINST: 911,210
Largest asset managers voting on “Elect Laercio Jose de Lucena Cosentino as Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,051,893891,910 00Mixed
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

8. Elect Tania Sztamfater Chocolat as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Elect Tania Sztamfater Chocolat as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 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

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

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

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Ana Claudia Piedade Silveira dos Reis as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 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

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Edson Georges Nassar as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

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

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Gilberto Mifano as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 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

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Guilherme Stocco Filho as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

14. Percentage of Votes to Be Assigned - Elect Isabella de Oliveira Vianna Cavalcanti Wanderley as Independent Director

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Isabella de Oliveira Vianna Cavalcanti Wanderley as Independent Dir” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

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

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

99.0% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 90,633,865 for, 891,910 against, 10,120,800 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: 90,633,865AGAINST: 891,910ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Laercio Jose de Lucena Cosentino as Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,051,893891,910 00Mixed
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 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

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 91,525,775 for, 10,120,800 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: 91,525,775ABSTAIN: 10,120,800
Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Tania Sztamfater Chocolat as Independent Director” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity2,796,6940 10,101,5000Mixed
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

17. DO YOU WISH TO REQUEST THE CUMULATIVE VOTING FOR THE ELECTION OF THE BOARD OF DIRECTORS, UNDER THE TERMS OF ART. 141 OF…

No official resultsSHAREHOLDER RIGHTS AND DEFENSESCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

0.9% of fund votes cast · no official result

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

Description as filed by funds: DO YOU WISH TO REQUEST THE CUMULATIVE VOTING FOR THE ELECTION OF THE BOARD OF DIRECTORS, UNDER THE TERMS OF ART. 141 OF LAW 6,404, OF 1976 IF THE SHAREHOLDER CHOOSES NO OR ABSTAIN, HISHER SHARES WILL NOT BE COMPUTED FOR THE REQUEST OF THE CUMULATIVE VOTING REQUEST

The 7 asset managers below reported 8,932 for, 1,020,813 against, 18,360,304 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: 8,932AGAINST: 1,020,813ABSTAIN: 18,360,304
Largest asset managers voting on “DO YOU WISH TO REQUEST THE CUMULATIVE VOTING FOR THE ELECTION OF THE BOARD OF DIRECTORS, UNDER THE TERMS OF AR” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 14,274,8630Abstain
Bridge Builder Trust00 3,040,1490Abstain
John Hancock028,313 970,8000Abstain
Jackson National0992,500 00Against
Six Circles Trust00 56,9230Abstain
GPS Funds I00 17,5690Abstain
SP Funds Trust8,9320 00For

18. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE…: ANA CLAUDIA PIEDADE SILVEIRA DOS REIS

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: ANA CLAUDIA PIEDADE SILVEIRA DOS REIS

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

19. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN…: EDSON GEORGES NASSAR LIMIT OF VACANCIES 7

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: EDSON GEORGES NASSAR LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

20. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE…: GILBERTO MIFANO LIMIT OF VACANCIES 7

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: GILBERTO MIFANO LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

21. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN…: GUILHERME STOCCO FILHO LIMIT OF VACANCIES 7

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: GUILHERME STOCCO FILHO LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

22. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF…

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: ISABELLA DE OLIVEIRA VIANNA CAVALCANTI WANDERLEY LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

23. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE…: LAERCIO JOSE DE LUCENA COSENTINO LIMIT OF VACANCIES 7

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: LAERCIO JOSE DE LUCENA COSENTINO LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,379,482 for, 10,567 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 19,379,482AGAINST: 10,567
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock988,54610,567 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

24. NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN…: TANIA SZTAMFATER CHOCOLAT LIMIT OF VACANCIES 7

No official resultsDIRECTOR ELECTIONS

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMBERS OF VACANCIES TO BE FILLED IN THE GENERAL ELECTION. THE VOTES INDICATED IN THIS FILED WILL BE DISREGARDED IF THE SHAREHOLDER WITH VOTING RIGHTS ALSO FILLS IN THE FIELDS PRESENT IN THE SEPARATE ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS AND THE SEPARATE ELECTION REFERRED TO IN THESE FIELDS TAKES PLACE. LIMIT OF VACANCIES 7: TANIA SZTAMFATER CHOCOLAT LIMIT OF VACANCIES 7

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “NOMINATION OF CANDIDATES TO THE BOARD OF DIRECTORS THE SHAREHOLDER CAN NOMINATE AS MANY CANDIDATES AS THE NUMB” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

25. Approve Acquisition of Linx Participacoes S.A.

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held October 30, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 42 asset managers

The 42 asset managers below reported 75,069,476 for, 3,956 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: 75,069,476ABSTAIN: 3,956
Largest asset managers voting on “Approve Acquisition of Linx Participacoes S.A.” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
MFS17,598,0000 00For
Fidelity12,831,8940 00For
Vanguard12,334,7810 00For
Invesco11,230,9610 00For
Lazard3,517,6080 00For
T. Rowe Price3,182,8330 00For
Virtus1,731,3880 00For
TEMPLETON EMERGING MARKETS EQUITY FUND1,637,3470 00For
Equitable1,206,3000 3,9560For
Voya1,200,0070 00For
TIAA974,9100 00For
BNY Mellon849,4240 00For
Dodge & Cox828,1000 00For
State Street793,0120 00For
Franklin Templeton681,9960 00For
Lincoln Financial649,7140 00For
AIG/SunAmerica600,4480 00For
Dimensional386,6570 00For
Ashmore Funds314,2000 00For
American Century310,3000 00For
Northern Trust283,8550 00For
TEMPLETON EMERGING MARKETS FUND265,5450 00For
WILLIAM BLAIR FUNDS230,9000 00For
Columbia Threadneedle224,9500 00For
DWS197,0960 00For

Showing the 25 largest of 42 asset managers. All 42 are in the interactive database (link above).

26. Deciding on the acquisition of all shares representing the entire capital stock of linx participacoes s.a. directly by…

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held October 30, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 10 asset managers

Description as filed by funds: DECIDING ON THE ACQUISITION OF ALL SHARES REPRESENTING THE ENTIRE CAPITAL STOCK OF LINX PARTICIPACOES S.A. DIRECTLY BY THE COMPANY, PURSUANT TO, 1 OF ARTICLE 256 OF THE BRAZILIAN CORPORATIONS ACT, IN THE FORM AND SUBJECT TO THE TERMS AND CONDITIONS SPECIFIED IN THE DEFINITIVE DOCUMENTATION ALREADY EXECUTED AND IN THE MATERIALS SUBMITTED TO THE SHAREHOLDERS MEETING

The 10 asset managers below reported 33,588,910 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: 33,588,910
Largest asset managers voting on “DECIDING ON THE ACQUISITION OF ALL SHARES REPRESENTING THE ENTIRE CAPITAL STOCK OF LINX PARTICIPACOES S.A. DIR” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock23,923,0250 00For
Jackson National3,506,3150 00For
Bridge Builder Trust2,855,0490 00For
Investment Managers Series Trust2,190,7810 00For
John Hancock944,4460 00For
Six Circles Trust56,9230 00For
MASTER INVESTMENT PORTFOLIO52,8350 00For
Krane Shares Trust40,4000 00For
GPS Funds I13,6240 00For
SP Funds Trust5,5120 00For

27. 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

Meeting held October 30, 2025; no official results are on file for this meeting.

77% of fund votes cast · no official result

FORABSTAIN
Details: votes by 39 asset managers

The 39 asset managers below reported 10,770,794 for, 3,227,016 against, 60,271,711 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: 10,770,794AGAINST: 3,227,016ABSTAIN: 60,271,711
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
MFS00 17,598,0000Abstain
Fidelity10,145,9000 2,614,0940Mixed
Vanguard00 12,334,7810Abstain
Invesco00 11,230,9610Abstain
Lazard00 3,517,6080Abstain
T. Rowe Price00 3,182,8330Abstain
Virtus00 1,731,3880Abstain
TEMPLETON EMERGING MARKETS EQUITY FUND01,637,347 00Against
Equitable00 1,206,3000Abstain
Voya00 1,200,0070Abstain
TIAA00 856,8520Abstain
BNY Mellon00 849,4240Abstain
Dodge & Cox0828,100 00Against
Franklin Templeton0313,296 368,7000Mixed
Lincoln Financial14,2140 635,5000Abstain
State Street610,6800 00For
AIG/SunAmerica00 600,4480Abstain
Dimensional00 386,6570Abstain
Ashmore Funds00 314,2000Abstain
Northern Trust00 283,8550Abstain
TEMPLETON EMERGING MARKETS FUND0265,545 00Against
WILLIAM BLAIR FUNDS00 230,9000Abstain
Columbia Threadneedle00 224,9500Abstain
DWS00 197,0960Abstain
Empower00 179,4000Abstain

Showing the 25 largest of 39 asset managers. All 39 are in the interactive database (link above).

28. 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

Meeting held April 24, 2026; no official results are on file for this meeting.

88% of fund votes cast · no official result

ABSTAIN
Details: votes by 38 asset managers

The 38 asset managers below reported 10,975,321 for, 1,533,170 against, 89,138,084 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: 10,975,321AGAINST: 1,533,170ABSTAIN: 89,138,084
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 27,603,8330Abstain
MFS00 24,339,1610Abstain
Vanguard00 13,682,6560Abstain
Fidelity10,101,5000 2,796,6940Mixed
Invesco00 4,943,8030Abstain
T. Rowe Price00 3,506,3290Abstain
TEMPLETON EMERGING MARKETS EQUITY FUND00 2,123,3380Abstain
Lazard00 1,983,9620Abstain
Dodge & Cox01,207,500 00Against
Equitable00 1,172,1560Abstain
Voya00 1,117,7590Abstain
Franklin Templeton00 942,3710Abstain
TIAA00 893,6100Abstain
State Street862,2070 00For
BNY Mellon00 622,4100Abstain
Lincoln Financial11,6140 571,9000Abstain
Ashmore Funds00 421,4000Abstain
AIG/SunAmerica00 341,9990Abstain
American Century00 310,3000Abstain
JPMorgan00 309,1630Abstain
Dimensional00 289,0470Abstain
Northern Trust00 273,8680Abstain
TEMPLETON EMERGING MARKETS FUND00 266,0800Abstain
Columbia Threadneedle00 250,9670Abstain
Global Macro Capital Opportunities Portfolio0162,100 00Against

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

29. Fix Number of Directors at Seven

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Fix Number of Directors at Seven” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

30. Determining that the company board of directors will be composed of 7 effective members in the 20262028 term of office

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: DETERMINING THAT THE COMPANY BOARD OF DIRECTORS WILL BE COMPOSED OF 7 EFFECTIVE MEMBERS IN THE 20262028 TERM OF OFFICE

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “DETERMINING THAT THE COMPANY BOARD OF DIRECTORS WILL BE COMPOSED OF 7 EFFECTIVE MEMBERS IN THE 20262028 TERM O” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

31. Do YOU wish to request the establishment of a fiscal council, under the terms of article 161 of law 6,404, of 1976 if…

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: DO YOU WISH TO REQUEST THE ESTABLISHMENT OF A FISCAL COUNCIL, UNDER THE TERMS OF ARTICLE 161 OF LAW 6,404, OF 1976 IF THE SHAREHOLDER CHOOSES NO OR ABSTAIN, HISHER SHARES WILL NOT BE COMPUTED FOR THE REQUEST OF THE ESTABLISHMENT OF THE FISCAL COUNCIL

The 7 asset managers below reported 26,678 for, 19,363,371 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: 26,678ABSTAIN: 19,363,371
Largest asset managers voting on “DO YOU WISH TO REQUEST THE ESTABLISHMENT OF A FISCAL COUNCIL, UNDER THE TERMS OF ARTICLE 161 OF LAW 6,404, OF ” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 14,274,8630Abstain
Bridge Builder Trust00 3,040,1490Abstain
John Hancock17,7460 981,3670Abstain
Jackson National00 992,5000Abstain
Six Circles Trust00 56,9230Abstain
GPS Funds I00 17,5690Abstain
SP Funds Trust8,9320 00For

32. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: votes by 38 asset managers

The 38 asset managers below reported 73,971,720 for, 27,674,855 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: 73,971,720ABSTAIN: 27,674,855
Largest asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 27,603,8330Abstain
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

33. Approve Allocation of Income and Dividends

No official resultsCAPITAL STRUCTURE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Approve Allocation of Income and Dividends” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

34. Approve Capital Budget

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 38 asset managers

The 38 asset managers below reported 101,646,575 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: 101,646,575
Largest asset managers voting on “Approve Capital Budget” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Showing the 25 largest of 38 asset managers. All 38 are in the interactive database (link above).

35. Approving the allocation of net income for the fiscal year and the distribution of dividends net income of the fiscal…

No official resultsCAPITAL STRUCTURE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: APPROVING THE ALLOCATION OF NET INCOME FOR THE FISCAL YEAR AND THE DISTRIBUTION OF DIVIDENDS NET INCOME OF THE FISCAL YEAR 2025 BRL891,741,479.92 LEGAL RESERVE BRL44,587,074.00 INTEREST ON SHAREHOLDERS EQUITY STATED ON MARCH 18TH, 2025 BRL82,026,143.36 INTEREST ON SHAREHOLDERS EQUITY STATED ON JUNE 16TH, 2025 BRL88,143,582.30 INTEREST ON SHAREHOLDERS EQUITY STATED ON SEPTEMBER 17TH, 2025 BRL88,144,274.40 INTEREST ON SHAREHOLDERS EQUITY STATED ON DECEMBER 10TH, 2025 BRL99,898,738.97 RETAINED EARNINGS RESERVE BRL488,941,666.89 .

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “APPROVING THE ALLOCATION OF NET INCOME FOR THE FISCAL YEAR AND THE DISTRIBUTION OF DIVIDENDS NET INCOME OF THE” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

36. Approving the capital budget for the purposes of complying with article 196 of the brazilian corporations act

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: APPROVING THE CAPITAL BUDGET FOR THE PURPOSES OF COMPLYING WITH ARTICLE 196 OF THE BRAZILIAN CORPORATIONS ACT

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “APPROVING THE CAPITAL BUDGET FOR THE PURPOSES OF COMPLYING WITH ARTICLE 196 OF THE BRAZILIAN CORPORATIONS ACT” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

37. IN CASE OF A CUMULATIVE VOTING PROCESS, SHOULD THE CORRESPONDING VOTES TO YOUR SHARES BE EQUALLY DISTRIBUTED AMONG THE…

No official resultsCORPORATE GOVERNANCE

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: IN CASE OF A CUMULATIVE VOTING PROCESS, SHOULD THE CORRESPONDING VOTES TO YOUR SHARES BE EQUALLY DISTRIBUTED AMONG THE CANDIDATES THAT YOUVE CHOSEN IF THE SHAREHOLDER CHOOSES YES AND ALSO INDICATES THE APPROVE ANSWER TYPE FOR SPECIFIC CANDIDATES AMONG THOSE LISTED BELOW, THEIR VOTES WILL BE DISTRIBUTED PROPORTIONALLY AMONG THESE CANDIDATES. IF THE SHAREHOLDER CHOOSES TO ABSTAIN AND THE ELECTION OCCURS BY THE CUMULATIVE VOTING PROCESS, THE SHAREHOLDERS VOTE SHALL BE COUNTED AS AN ABSTENTION IN THE RESPECTIVE RESOLUTION OF THE MEETING

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “IN CASE OF A CUMULATIVE VOTING PROCESS, SHOULD THE CORRESPONDING VOTES TO YOUR SHARES BE EQUALLY DISTRIBUTED A” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

38. Approve Remuneration of Company's Management

Meeting held April 24, 2026; no official results are on file for this meeting.

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

FOR
Details: votes by 39 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: 38 asset managers voting on “Approve Remuneration of Company's Management” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock27,603,8330 00For
MFS24,339,1610 00For
Vanguard13,682,6560 00For
Fidelity12,898,1940 00For
Invesco4,943,8030 00For
T. Rowe Price3,506,3290 00For
TEMPLETON EMERGING MARKETS EQUITY FUND2,123,3380 00For
Lazard1,983,9620 00For
Dodge & Cox1,207,5000 00For
Equitable1,172,1560 00For
Voya1,117,7590 00For
Franklin Templeton942,3710 00For
TIAA893,6100 00For
State Street862,2070 00For
BNY Mellon622,4100 00For
Lincoln Financial583,5140 00For
Ashmore Funds421,4000 00For
AIG/SunAmerica341,9990 00For
American Century310,3000 00For
JPMorgan309,1630 00For
Dimensional289,0470 00For
Northern Trust273,8680 00For
TEMPLETON EMERGING MARKETS FUND266,0800 00For
Columbia Threadneedle250,9670 00For
Global Macro Capital Opportunities Portfolio162,1000 00For

Fund voting reports, all 38 managers: 101,646,575 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 1 asset manager voting on “Approve Remuneration of Company's Management” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.4,393,8150 00For

Institutional-manager reports, all 1 managers: 4,393,815 for.

39. Determining the annual global compensation of the members of both the board of directors and the board of executive…

Meeting held April 24, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

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

Description as filed by funds: DETERMINING THE ANNUAL GLOBAL COMPENSATION OF THE MEMBERS OF BOTH THE BOARD OF DIRECTORS AND THE BOARD OF EXECUTIVE OFFICERS FOR THE FISCAL YEAR 2026, ACCORDING TO THE MANAGEMENT PROPOSAL

The 7 asset managers below reported 19,390,049 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: 19,390,049
Largest asset managers voting on “DETERMINING THE ANNUAL GLOBAL COMPENSATION OF THE MEMBERS OF BOTH THE BOARD OF DIRECTORS AND THE BOARD OF EXEC” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock14,274,8630 00For
Bridge Builder Trust3,040,1490 00For
John Hancock999,1130 00For
Jackson National992,5000 00For
Six Circles Trust56,9230 00For
GPS Funds I17,5690 00For
SP Funds Trust8,9320 00For

40. Please note that this resolution is a shareholder proposal: do YOU wish to request the establishment of a fiscal…

No official resultsCORPORATE GOVERNANCE

Meeting held October 30, 2025; no official results are on file for this meeting.

76% of fund votes cast · no official result

ABSTAIN
Details: description as filed, votes by 10 asset managers

Description as filed by funds: PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: DO YOU WISH TO REQUEST THE ESTABLISHMENT OF A FISCAL COUNCIL, UNDER THE TERMS OF ARTICLE 161 OF LAW 6,404, OF 1976. IF THE SHAREHOLDER CHOOSES, NO, OR, ABSTAIN, HIS,HER SHARES WILL NOT BE COMPUTED FOR THE REQUEST OF THE ESTABLISHMENT OF THE FISCAL COUNCIL

The 10 asset managers below reported 17,746 for, 5,512 against, 33,565,652 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: 17,746AGAINST: 5,512ABSTAIN: 33,565,652
Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: DO YOU WISH TO REQUEST THE ESTABLISHMENT OF A FISC” at TOTVS SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock00 23,923,0250Abstain
Jackson National00 3,506,3150Abstain
Bridge Builder Trust00 2,855,0490Abstain
Investment Managers Series Trust00 2,190,7810Abstain
John Hancock17,7460 926,7000Abstain
Six Circles Trust00 56,9230Abstain
MASTER INVESTMENT PORTFOLIO00 52,8350Abstain
Krane Shares Trust00 40,4000Abstain
GPS Funds I00 13,6240Abstain
SP Funds Trust05,512 00Against

Showing the 40 reported items with the widest manager coverage, of 48 in total. Every item is in the interactive database (link above).

Largest TOTVS SA shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top TOTVS SA shareholders by shares voted on “Approve Acquisition of Linx Participacoes S.A.”, 2025-2026
#Asset manager Shares voted
1MFS 17,598,000
2Fidelity 12,831,894
3Vanguard 12,334,781
4Invesco 11,230,961
5Lazard 3,517,608
6T. Rowe Price 3,182,833
7Virtus 1,731,388
8TEMPLETON EMERGING MARKETS EQUITY FUND 1,637,347
9Equitable 1,210,256
10Voya 1,200,007
Institutional-manager reports: top TOTVS SA shareholders by shares voted on “Approve Remuneration of Company's Management”, 2025-2026
#Asset manager Shares voted
1APG Asset Management US Inc. 4,393,815

Shown as share counts, not percentages: no shares-outstanding figure has been matched to TOTVS SA for the 2025-2026 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 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “TOTVS SA 2025-2026 Annual & Special Meetings: Shareholder Vote Results”, https://proxyvotesnow.com/company/totvs-sa/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.