Home › Companies › VESTAS WIND SYSTEMS A/S › 2024-2025

VESTAS WIND SYSTEMS A/S 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

50Reported items
112Asset managers
3,964Fund votes
2025-04-08Meeting date

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

Explore VESTAS WIND SYSTEMS A/S in the interactive database Compare manager voting policies

How asset managers voted at the VESTAS WIND SYSTEMS A/S 2024-2025 meeting

Each item below shows how the 112 asset managers that disclosed a VESTAS WIND SYSTEMS A/S 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 VESTAS WIND SYSTEMS A/S’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 Bruno Stephane Emmanuel Bensasson as New Director

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 59 asset managers below cast 100% of the shares they voted on this item FOR (65,674,395 for, 0 against).

FOR: 65,674,395 (100.0%)

Largest asset managers voting on “Elect Bruno Stephane Emmanuel Bensasson as New Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	38,673,706	For
Hartford	4,419,584	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
Charles Schwab	3,113,956	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
VanEck ETF Trust	377,351	For
Northern Trust	376,473	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
Russell Investments	163,099	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Nationwide	147,604	For
Brighthouse	146,763	For
Lincoln Financial	143,927	For
Invesco	133,853	For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

2. Approve Remuneration Report (Advisory Vote)

COMPENSATION

94% fund support · no official result

FOR 94%

The 50 asset managers below cast 94% of the shares they voted on this item FOR (59,837,550 for, 3,700,916 against).

FOR: 59,837,550 (94.2%)AGAINST: 3,700,916 (5.8%)

Largest asset managers voting on “Approve Remuneration Report (Advisory Vote)” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,365,964	0	For
APG Asset Management US Inc.	14,945,829	0	For
Dimensional	3,756,149	0	For
TIAA	0	3,688,838	Against
GMO	1,981,800	0	For
JPMorgan	1,898,049	0	For
State Street	1,716,053	0	For
Columbia Threadneedle	1,232,300	0	For
AQR	1,219,872	0	For
First Trust	744,879	0	For
DWS	541,570	0	For
American Century	383,410	0	For
Northern Trust	376,473	0	For
Equitable	253,214	0	For
AIG/SunAmerica	230,011	0	For
GuideStone	187,414	0	For
Empower	179,727	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	0	For
Lincoln Financial	143,927	0	For
Brighthouse	142,569	0	For
Nationwide	134,342	0	For
Invesco	133,853	0	For
Calvert	122,958	0	For
Cohen & Steers	112,922	0	For
Fidelity	105,148	0	For

Showing the 25 largest of 50 asset managers. See all 50 in the interactive database.

3. Accept Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

4. Approve Allocation of Income and Dividends of DKK 0.55 Per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of DKK 0.55 Per Share” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

5. Approve Creation of DKK 20.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 20.2 Million Pool of Capital without Preemptive Rights; Maximum Increase in Share Capital under Both Authorizations up to DKK 20.2 Million

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Approve Creation of DKK 20.2 Million Pool of Capital with Preemptive Rights; Approve Creation of DKK 20.2 Mill” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

6. Approve Remuneration of Directors; Approve Remuneration for Committee Work

COMPENSATION

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Approve Remuneration of Directors; Approve Remuneration for Committee Work” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

7. Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Authorize Editorial Changes to Adopted Resolutions in Connection with Registration with Danish Authorities” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

8. Authorize Share Repurchase Program

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Authorize Share Repurchase Program” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

9. Elect Claudio Facchin as New Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Elect Claudio Facchin as New Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

10. Ratify Deloitte as Auditors; Ratify Deloitte as Auditors for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 99.6%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,423,377 for, 0 against).

FOR: 46,423,377 (99.6%)ABSTAIN: 166,475 (0.4%)

Largest asset managers voting on “Ratify Deloitte as Auditors; Ratify Deloitte as Auditors for Sustainability Reporting” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	28,199,489	166,475	For
Dimensional	3,756,149	0	For
TIAA	3,688,838	0	For
GMO	1,981,800	0	For
State Street	1,716,053	0	For
Columbia Threadneedle	1,232,300	0	For
AQR	1,219,872	0	For
First Trust	744,879	0	For
DWS	541,570	0	For
American Century	383,410	0	For
Northern Trust	376,473	0	For
Equitable	253,214	0	For
AIG/SunAmerica	230,011	0	For
GuideStone	187,414	0	For
Empower	179,727	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	0	For
Lincoln Financial	143,927	0	For
Brighthouse	142,569	0	For
Nationwide	134,342	0	For
Invesco	133,853	0	For
Calvert	122,958	0	For
Cohen & Steers	112,922	0	For
Fidelity	105,148	0	For
Goldman Sachs	91,093	0	For
New York Life	81,461	0	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

11. Reelect Anders Erik Runevad as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 98%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (45,475,603 for, 0 against).

FOR: 45,475,603 (97.6%)ABSTAIN: 1,114,249 (2.4%)

Largest asset managers voting on “Reelect Anders Erik Runevad as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	28,365,964	0	For
Dimensional	3,756,149	0	For
TIAA	3,688,838	0	For
GMO	1,981,800	0	For
State Street	1,716,053	0	For
Columbia Threadneedle	1,232,300	0	For
AQR	1,219,872	0	For
First Trust	744,879	0	For
DWS	541,570	0	For
American Century	0	383,410	Abstain
Northern Trust	376,473	0	For
Equitable	54,874	198,340	Abstain
AIG/SunAmerica	230,011	0	For
GuideStone	187,414	0	For
Empower	0	179,727	Abstain
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	0	For
Lincoln Financial	143,927	0	For
Brighthouse	142,569	0	For
Nationwide	43,396	90,946	Abstain
Invesco	132,873	980	For
Calvert	0	122,958	Abstain
Cohen & Steers	112,922	0	For
Fidelity	88,723	16,425	For
Goldman Sachs	91,093	0	For
New York Life	81,461	0	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

12. Reelect Eva Merete Sofelde Berneke as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Reelect Eva Merete Sofelde Berneke as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

13. Reelect Helle Thorning-Schmidt as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Reelect Helle Thorning-Schmidt as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

14. Reelect Henriette Hallberg Thygesen as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Reelect Henriette Hallberg Thygesen as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

15. Reelect Karl-Henrik Sundstrom as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Reelect Karl-Henrik Sundstrom as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

16. Reelect Lena Marie Olving as Director

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (46,589,852 for, 0 against).

FOR: 46,589,852 (100.0%)

Largest asset managers voting on “Reelect Lena Marie Olving as Director” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	28,365,964	For
Dimensional	3,756,149	For
TIAA	3,688,838	For
GMO	1,981,800	For
State Street	1,716,053	For
Columbia Threadneedle	1,232,300	For
AQR	1,219,872	For
First Trust	744,879	For
DWS	541,570	For
American Century	383,410	For
Northern Trust	376,473	For
Equitable	253,214	For
AIG/SunAmerica	230,011	For
GuideStone	187,414	For
Empower	179,727	For
PROFESSIONALLY MANAGED PORTFOLIOS	160,175	For
Lincoln Financial	143,927	For
Brighthouse	142,569	For
Nationwide	134,342	For
Invesco	133,853	For
Calvert	122,958	For
Cohen & Steers	112,922	For
Fidelity	105,148	For
Goldman Sachs	91,093	For
New York Life	81,461	For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

17. PRESENTATION AND ADVISORY VOTE ON THE REMUNERATION REPORT

COMPENSATION

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 46 asset managers below cast 99.8% of the shares they voted on this item FOR (89,306,466 for, 112,195 against).

FOR: 89,306,466 (99.9%)AGAINST: 112,195 (0.1%)

Largest asset managers voting on “PRESENTATION AND ADVISORY VOTE ON THE REMUNERATION REPORT” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Against	Vote
BlackRock	25,588,208	0	For
BAILLIE GIFFORD OVERSEAS LTD	24,346,225	0	For
Vanguard	19,641,356	0	For
Trinity Street Asset Management LLP	7,951,606	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Northern Trust	802,858	0	For
Jackson National	668,692	0	For
Natixis	426,911	0	For
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
Korea Investment CORP	281,416	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	0	103,090	Against
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
1832 Asset Management L.P.	51,316	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

18. APPROVAL OF THE BOARD OF DIRECTORS' REMUNERATION

COMPENSATION

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 28 asset managers below cast 100% of the shares they voted on this item FOR (98,871,004 for, 0 against).

FOR: 98,871,004 (100.0%)

Largest asset managers voting on “APPROVAL OF THE BOARD OF DIRECTORS' REMUNERATION” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	68,532,678	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
Janney Montgomery Scott LLC	3,750	For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

19. AUTHORISATION OF THE CHAIR OF THE GENERAL MEETING TO REGISTER

INVESTMENT COMPANY MATTERS

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “AUTHORISATION OF THE CHAIR OF THE GENERAL MEETING TO REGISTER” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

20. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: ELECTION OF BRUNO STEPHANE EMMANUEL BENSASSON

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: ELECTION OF BRUNO STEPHANE EMMANUEL BENSASSON” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

21. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: ELECTION OF CLAUDIO FACCHIN

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: ELECTION OF CLAUDIO FACCHIN” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

22. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF ANDERS ERIK RUNEVAD

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 49.9%ABSTAIN 50.1%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (27,952,876 for, 0 against).

FOR: 27,952,876 (50.0%)ABSTAIN: 27,969,908 (50.0%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF ANDERS ERIK RUNEVAD” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	0	25,588,208	Abstain
Vanguard	19,641,356	0	For
Six Circles Trust	0	1,902,484	Abstain
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,430,699	57,308	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	585,322	83,370	For
Natixis	426,911	0	For
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	0	135,577	Abstain
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	0	77,254	Abstain
Lincoln Financial	0	65,366	Abstain
TRUST FOR PROFESSIONAL MANAGERS	0	46,283	Abstain
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	0	12,460	Abstain
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

23. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF EVA MERETE SOFELDE BERNEKE

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.2%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,495,873 for, 0 against).

FOR: 55,495,873 (99.2%)ABSTAIN: 426,911 (0.8%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF EVA MERETE SOFELDE BERNEKE” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	25,588,208	0	For
Vanguard	19,641,356	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	668,692	0	For
Natixis	0	426,911	Abstain
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	12,460	0	For
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

24. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF HELLE THORNING- SCHMIDT

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.2%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,495,873 for, 0 against).

FOR: 55,495,873 (99.2%)ABSTAIN: 426,911 (0.8%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF HELLE THORNING- SCHMIDT” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	25,588,208	0	For
Vanguard	19,641,356	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	668,692	0	For
Natixis	0	426,911	Abstain
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	12,460	0	For
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

25. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF HENRIETTE HALLBERG THYGESEN

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF HENRIETTE HALLBERG THYGESEN” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

26. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF KARL-HENRIK SUNDSTROM

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.2%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,495,873 for, 0 against).

FOR: 55,495,873 (99.2%)ABSTAIN: 426,911 (0.8%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF KARL-HENRIK SUNDSTROM” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	25,588,208	0	For
Vanguard	19,641,356	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	668,692	0	For
Natixis	0	426,911	Abstain
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	12,460	0	For
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

27. ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF LENA MARIE OLVING

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE- ELECTION OF LENA MARIE OLVING” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

28. PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL AND AMENDMENT OF THE AUTHORISATIONS TO INCREASE THE SHARE CAPITAL AMENDMENT OF ARTICLE 3 OF THE ARTICLES OF ASSOCIATION. AUTHORISATIONS TO INCREASE THE COMPANY'S SHARE CAPITAL IS RENEWED SO THEY ARE VALID UNTIL 1 APRIL 2030 WITH A MAXIMUM ISSUANCE OF DKK 20,197,345

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,922,784 for, 0 against).

FOR: 55,922,784 (100.0%)

Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL AND AMENDMENT OF THE AUTHORISATIONS TO INCREASE THE SHARE CAPIT” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
FIRSTHAND FUNDS	15,000	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

29. PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF THE AUTHORISATION TO ACQUIRE TREASURY SHARES AUTHORISATION TO ACQUIRE TREASURY SHARES RENEWED SO IT IS VALID UNTIL 31 DECEMBER 2026

CORPORATE GOVERNANCE

99.2% fund support · no official result

FOR 99.2%

The 27 asset managers below cast 99.2% of the shares they voted on this item FOR (55,495,873 for, 426,911 against).

FOR: 55,495,873 (99.2%)AGAINST: 426,911 (0.8%)

Largest asset managers voting on “PROPOSALS FROM THE BOARD OF DIRECTORS: RENEWAL OF THE AUTHORISATION TO ACQUIRE TREASURY SHARES AUTHORISATION T” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Against	Vote
BlackRock	25,588,208	0	For
Vanguard	19,641,356	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	668,692	0	For
Natixis	0	426,911	Against
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	12,460	0	For
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

30. RE-APPOINTMENT OF DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.2%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (55,495,873 for, 0 against).

FOR: 55,495,873 (99.2%)ABSTAIN: 426,911 (0.8%)

Largest asset managers voting on “RE-APPOINTMENT OF DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	25,588,208	0	For
Vanguard	19,641,356	0	For
Six Circles Trust	1,902,484	0	For
BAILLIE GIFFORD FUNDS	1,806,737	0	For
Bridge Builder Trust	1,488,007	0	For
BBH Trust	1,450,662	0	For
HARBOR FUNDS	1,437,262	0	For
Jackson National	668,692	0	For
Natixis	0	426,911	Abstain
Pacer Funds Trust	355,617	0	For
John Hancock	290,856	0	For
NEW ALTERNATIVES FUND	150,000	0	For
MASTER INVESTMENT PORTFOLIO	135,577	0	For
Guardian Variable Products Trust	103,090	0	For
Tidal Trust I	101,384	0	For
Investment Managers Series Trust II	81,895	0	For
Allianz	77,254	0	For
Lincoln Financial	65,366	0	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	0	For
GREEN CENTURY FUNDS	36,061	0	For
Advisors' Inner Circle Fund III	17,842	0	For
Listed Funds Trust	16,077	0	For
FIRSTHAND FUNDS	15,000	0	For
Forethought Variable Insurance Trust	12,460	0	For
WILSHIRE MUTUAL FUNDS INC	3,625	0	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

31. PRESENTATION AND ADOPTION OF THE ANNUAL REPORT

INVESTMENT COMPANY MATTERS

100% fund support · no official result

FOR 100%

The 26 asset managers below cast 100% of the shares they voted on this item FOR (55,907,784 for, 0 against).

FOR: 55,907,784 (100.0%)

Largest asset managers voting on “PRESENTATION AND ADOPTION OF THE ANNUAL REPORT” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For
RBB FUND, INC.	2,480	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

32. RESOLUTION FOR THE ALLOCATION OF THE RESULT OF THE YEAR

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 26 asset managers below cast 100% of the shares they voted on this item FOR (55,907,784 for, 0 against).

FOR: 55,907,784 (100.0%)

Largest asset managers voting on “RESOLUTION FOR THE ALLOCATION OF THE RESULT OF THE YEAR” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
BlackRock	25,588,208	For
Vanguard	19,641,356	For
Six Circles Trust	1,902,484	For
BAILLIE GIFFORD FUNDS	1,806,737	For
Bridge Builder Trust	1,488,007	For
BBH Trust	1,450,662	For
HARBOR FUNDS	1,437,262	For
Jackson National	668,692	For
Natixis	426,911	For
Pacer Funds Trust	355,617	For
John Hancock	290,856	For
NEW ALTERNATIVES FUND	150,000	For
MASTER INVESTMENT PORTFOLIO	135,577	For
Guardian Variable Products Trust	103,090	For
Tidal Trust I	101,384	For
Investment Managers Series Trust II	81,895	For
Allianz	77,254	For
Lincoln Financial	65,366	For
TRUST FOR PROFESSIONAL MANAGERS	46,283	For
GREEN CENTURY FUNDS	36,061	For
Advisors' Inner Circle Fund III	17,842	For
Listed Funds Trust	16,077	For
Forethought Variable Insurance Trust	12,460	For
WILSHIRE MUTUAL FUNDS INC	3,625	For
RBB FUND, INC.	2,480	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

33. Directors' Fees

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 18 asset managers below cast 99.9% of the shares they voted on this item FOR (19,156,062 for, 290 against).

FOR: 19,156,062 (100.0%)AGAINST: 290 (0.0%)

Largest asset managers voting on “Directors' Fees” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Against	Vote
Vanguard	10,307,742	0	For
Hartford	4,419,584	0	For
Charles Schwab	3,113,956	0	For
VanEck ETF Trust	377,351	0	For
IMPAX FUNDS SERIES TRUST I	324,379	0	For
Russell Investments	163,099	0	For
Global X	123,543	0	For
PACE SELECT ADVISORS TRUST	72,710	0	For
Morgan Stanley	72,222	0	For
Union Investment Institutional GmbH	71,809	0	For
Mercer Funds	53,240	0	For
GUINNESS ATKINSON FUNDS	32,456	0	For
Nationwide	13,262	0	For
Brighthouse	4,194	0	For
Principal	3,005	0	For
Prudential/PGIM	2,190	0	For
Adviser Managed Trust	1,320	0	For
DOMINI INVESTMENT TRUST	0	290	Against

34. Remuneration Report

COMPENSATION

22% fund support · no official result

FOR 22%AGAINST 78%

The 18 asset managers below cast 22% of the shares they voted on this item FOR (4,248,345 for, 14,875,551 against).

FOR: 4,248,345 (22.2%)AGAINST: 14,875,551 (77.7%)ABSTAIN: 32,456 (0.2%)

Largest asset managers voting on “Remuneration Report” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	0	10,307,742	0	Against
Hartford	0	4,419,584	0	Against
Charles Schwab	3,113,956	0	0	For
VanEck ETF Trust	377,351	0	0	For
IMPAX FUNDS SERIES TRUST I	324,379	0	0	For
Russell Investments	163,099	0	0	For
Global X	123,543	0	0	For
PACE SELECT ADVISORS TRUST	72,710	0	0	For
Morgan Stanley	0	72,222	0	Against
Union Investment Institutional GmbH	0	71,809	0	Against
Mercer Funds	53,240	0	0	For
GUINNESS ATKINSON FUNDS	0	0	32,456	Abstain
Nationwide	13,262	0	0	For
Brighthouse	0	4,194	0	Against
Principal	3,005	0	0	For
Prudential/PGIM	2,190	0	0	For
Adviser Managed Trust	1,320	0	0	For
DOMINI INVESTMENT TRUST	290	0	0	For

35. Accounts and Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Accounts and Reports” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

36. Allocation of Profits/Dividends

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Allocation of Profits/Dividends” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

37. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

38. Authority to Issue Shares w/ or w/o Preemptive Rights

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Authority to Issue Shares w/ or w/o Preemptive Rights” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

39. Authority to Repurchase Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Authority to Repurchase Shares” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

40. Authorization of Legal Formalities

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (19,084,543 for, 0 against).

FOR: 19,084,543 (100.0%)

Largest asset managers voting on “Authorization of Legal Formalities” at VESTAS WIND SYSTEMS A/S, 2024-2025
Asset manager	For	Vote
Vanguard	10,307,742	For
Hartford	4,419,584	For
Charles Schwab	3,113,956	For
VanEck ETF Trust	377,351	For
IMPAX FUNDS SERIES TRUST I	324,379	For
Russell Investments	163,099	For
Global X	123,543	For
PACE SELECT ADVISORS TRUST	72,710	For
Morgan Stanley	72,222	For
Mercer Funds	53,240	For
GUINNESS ATKINSON FUNDS	32,456	For
Nationwide	13,262	For
Brighthouse	4,194	For
Principal	3,005	For
Prudential/PGIM	2,190	For
Adviser Managed Trust	1,320	For
DOMINI INVESTMENT TRUST	290	For

Showing the 40 reported items with the widest manager coverage, of 50 in total. View every item.

Largest VESTAS WIND SYSTEMS A/S shareholders voting in 2024-2025

Ranked by the number of VESTAS WIND SYSTEMS A/S shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top VESTAS WIND SYSTEMS A/S shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Vanguard	38,673,706
2	Hartford	4,419,584
3	Dimensional	3,756,149
4	TIAA	3,688,838
5	Charles Schwab	3,113,956
6	GMO	1,981,800
7	State Street	1,716,053
8	Columbia Threadneedle	1,232,300
9	AQR	1,219,872
10	First Trust	744,879

Shown as share counts, not percentages: no shares-outstanding figure has been matched to VESTAS WIND SYSTEMS A/S for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At VESTAS WIND SYSTEMS A/S's shareholder meeting held 2025-04-08, in the 2024-2025 proxy season, 112 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,964 separate fund positions. Their filings are grouped here into 50 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 Bruno Stephane Emmanuel Bensasson as New Director — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

VESTAS WIND SYSTEMS A/S proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.