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Home › Companies › XERO LTD. › 2024-2025

XERO LTD. 2024-2025 Proxy Voting Records

At XERO LTD.'s shareholder meeting held August 22, 2024, in the 2024-2025 proxy season, 92 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,069 separate fund positions. Their filings are grouped here into 12 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 Remuneration Report — the reporting funds and managers cast 51.2% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

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

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

  • 12Reported items
  • 92Asset managers
  • 1,069Fund votes
  • August 22, 2024Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from XERO LTD. 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 2024-2025 2025-2026

Explore XERO LTD. in the interactive database Compare manager voting policies

How asset managers voted at the XERO LTD. 2024-2025 meeting

Each item below shows how the 92 asset managers that disclosed a XERO LTD. 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 XERO LTD.’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 Dale Murray as Director

No official resultsDIRECTOR ELECTIONS

99.3% of fund votes cast · no official result

FOR
Details: votes by 50 asset managers

The 50 asset managers below reported 8,195,157 for, 50,917 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: 8,195,157AGAINST: 50,917
Largest asset managers voting on “Elect Dale Murray as Director” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,990,2620 00For
Fidelity1,419,9260 00For
Invesco620,7240 00For
TIAA392,6340 00For
Legg Mason392,1600 00For
Dimensional274,1740 00For
State Street191,5840 00For
FRANKLIN FUND ALLOCATOR SERIES131,2370 00For
AQR97,9140 00For
AIG/SunAmerica88,4810 00For
Pacific Life64,1920 00For
Equitable36,44923,925 00Mixed
Nationwide59,4580 00For
DWS57,6730 00For
Northern Trust43,49210,179 00Mixed
Aberdeen43,1430 00For
ALPS ETF Trust29,4900 00For
Voya24,2740 00For
Lincoln Financial22,4110 00For
Empower21,8820 00For
GuideStone21,5620 00For
Transamerica20,2370 00For
Morgan Stanley19,383600 00For
American Century17,6030 00For
Brighthouse10,8524,238 00Mixed

Showing the 25 largest of 50 asset managers. All 50 are in the interactive database (link above).

2. Elect Steven Aldrich as Director

No official resultsDIRECTOR ELECTIONS

94% of fund votes cast · no official result

FOR
Details: votes by 50 asset managers

The 50 asset managers below reported 7,762,514 for, 483,560 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: 7,762,514AGAINST: 483,560
Largest asset managers voting on “Elect Steven Aldrich as Director” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,990,2620 00For
Fidelity987,283432,643 00Mixed
Invesco620,7240 00For
TIAA392,6340 00For
Legg Mason392,1600 00For
Dimensional274,1740 00For
State Street191,5840 00For
FRANKLIN FUND ALLOCATOR SERIES131,2370 00For
AQR97,9140 00For
AIG/SunAmerica88,4810 00For
Pacific Life64,1920 00For
Equitable36,44923,925 00Mixed
Nationwide59,4580 00For
DWS57,6730 00For
Northern Trust43,49210,179 00Mixed
Aberdeen43,1430 00For
ALPS ETF Trust29,4900 00For
Voya24,2740 00For
Lincoln Financial22,4110 00For
Empower21,8820 00For
GuideStone21,5620 00For
Transamerica20,2370 00For
Morgan Stanley19,383600 00For
American Century17,6030 00For
Brighthouse10,8524,238 00Mixed

Showing the 25 largest of 50 asset managers. All 50 are in the interactive database (link above).

3. RE-ELECTION OF STEVEN ALDRICH

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 33 asset managers

The 33 asset managers below reported 4,783,399 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: 4,783,399
Largest asset managers voting on “RE-ELECTION OF STEVEN ALDRICH” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock3,368,5480 00For
Charles Schwab379,8610 00For
BAILLIE GIFFORD FUNDS338,7670 00For
Global X119,6430 00For
Prudential/PGIM103,9810 00For
IMPAX FUNDS SERIES TRUST III85,5670 00For
IMPAX FUNDS SERIES TRUST I69,2150 00For
Vanguard49,4580 00For
John Hancock48,3480 00For
SEI25,2910 00For
Six Circles Trust23,7820 00For
PACE SELECT ADVISORS TRUST23,6210 00For
MASTER INVESTMENT PORTFOLIO22,9980 00For
Brown Capital Management Mutual Funds14,8350 00For
Federated Hermes13,7790 00For
Allianz13,2480 00For
Bridge Builder Trust11,2900 00For
Jackson National10,3880 00For
Russell Investments9,4220 00For
Mercer Funds8,7890 00For
Abacus FCF ETF Trust7,6780 00For
Touchstone ETF Trust7,3420 00For
Lincoln Financial6,5750 00For
HARBOR FUNDS4,1190 00For
GPS Funds I3,7120 00For

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

4. RE-ELECTION OF DALE MURRAY CBE

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 19 asset managers

The 19 asset managers below reported 3,877,898 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: 3,877,898
Largest asset managers voting on “RE-ELECTION OF DALE MURRAY CBE” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock3,368,5480 00For
BAILLIE GIFFORD FUNDS338,7670 00For
John Hancock48,3480 00For
Six Circles Trust23,7820 00For
MASTER INVESTMENT PORTFOLIO22,9980 00For
Allianz13,2480 00For
Bridge Builder Trust11,2900 00For
Jackson National10,3880 00For
Abacus FCF ETF Trust7,6780 00For
Touchstone ETF Trust7,3420 00For
Lincoln Financial6,5750 00For
HARBOR FUNDS4,1190 00For
GPS Funds I3,7120 00For
SP Funds Trust2,3480 00For
PFM Multi-Manager Series Trust2,1000 00For
WILSHIRE MUTUAL FUNDS INC2,0350 00For
Forethought Variable Insurance Trust2,0080 00For
Advisors' Inner Circle Fund III1,4600 00For
Pacer Funds Trust1,1520 00For

5. Re-elect Dale Murray

No official resultsDIRECTOR ELECTIONS

89% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 801,520 for, 103,981 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: 801,520AGAINST: 103,981
Largest asset managers voting on “Re-elect Dale Murray” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab379,8610 00For
Global X119,6430 00For
Prudential/PGIM0103,981 00Against
IMPAX FUNDS SERIES TRUST III85,5670 00For
IMPAX FUNDS SERIES TRUST I69,2150 00For
Vanguard49,4580 00For
SEI25,2910 00For
PACE SELECT ADVISORS TRUST23,6210 00For
Brown Capital Management Mutual Funds14,8350 00For
Federated Hermes13,7790 00For
Russell Investments9,4220 00For
Mercer Funds8,7890 00For
Principal1,8470 00For
Adviser Managed Trust1920 00For

6. Approve Remuneration Report

51.2% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 53 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: 50 asset managers voting on “Approve Remuneration Report” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,990,2620 00For
Fidelity01,419,926 00Against
Invesco0620,724 00Against
TIAA0392,634 00Against
Legg Mason0392,160 00Against
Dimensional274,1740 00For
State Street191,5840 00For
FRANKLIN FUND ALLOCATOR SERIES0131,237 00Against
AQR097,914 00Against
AIG/SunAmerica088,481 00Against
Pacific Life064,192 00Against
Equitable36,44923,925 00Mixed
Nationwide059,458 00Against
DWS057,673 00Against
Northern Trust43,49210,179 00Mixed
Aberdeen043,143 00Against
ALPS ETF Trust029,490 00Against
Voya024,274 00Against
Lincoln Financial22,4110 00For
Empower021,882 00Against
GuideStone021,562 00Against
Transamerica82919,408 00Against
Morgan Stanley4,14015,843 00Mixed
American Century017,603 00Against
Brighthouse015,090 00Against

Fund voting reports, all 50 managers: 4,568,002 for, 3,678,072 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 4 asset managers voting on “Approve Remuneration Report” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Plato Investment Management Ltd1,038,0210 00For
APG Asset Management US Inc.0860,513 00Against
JPMorgan0515,234 00Against
Desjardins Global Asset Management Inc.0281,889 00Against

Institutional-manager reports, all 4 managers: 1,038,021 for, 1,657,636 against.

7. Adoption of remuneration report

97% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 28 asset managers

Description as filed by funds: ADOPTION OF REMUNERATION REPORT

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: 19 asset managers voting on “ADOPTION OF REMUNERATION REPORT” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock3,368,5480 00For
BAILLIE GIFFORD FUNDS338,7670 00For
John Hancock9,78938,559 00Mixed
Six Circles Trust23,7820 00For
MASTER INVESTMENT PORTFOLIO22,9980 00For
Allianz13,2480 00For
Bridge Builder Trust7,5883,702 00Mixed
Jackson National10,3880 00For
Abacus FCF ETF Trust7,6780 00For
Touchstone ETF Trust7,3420 00For
Lincoln Financial6,5750 00For
HARBOR FUNDS04,119 00Against
GPS Funds I03,712 00Against
SP Funds Trust2,3480 00For
PFM Multi-Manager Series Trust02,100 00Against
WILSHIRE MUTUAL FUNDS INC2,0350 00For
Forethought Variable Insurance Trust2,0080 00For
Advisors' Inner Circle Fund III1,4600 00For
Pacer Funds Trust1,1520 00For

Fund voting reports, all 19 managers: 3,825,706 for, 52,192 against.

Institutional-manager reports: 10 asset managers voting on “ADOPTION OF REMUNERATION REPORT” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock6,808,023247,154 00For
BAILLIE GIFFORD OVERSEAS LTD503,8650 00For
BAILLIE GIFFORD & CO LTD297,9680 00For
BAILLIE GIFFORD & CO59,2310 00For
Northern Trust48,7340 00For
Korea Investment CORP048,183 00Against
Treasurer of the State of North Carolina33,9000 00For
1832 Asset Management L.P.07,040 00Against
PNC BANK, NATIONAL ASSOCIATION2350 00For
XPONANCE, INC.2090 00For

Institutional-manager reports, all 10 managers: 7,752,165 for, 302,377 against.

8. Remuneration Report

94% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 847,254 for, 58,247 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: 847,254AGAINST: 58,247
Largest asset managers voting on “Remuneration Report” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab379,8610 00For
Global X119,6430 00For
Prudential/PGIM103,9810 00For
IMPAX FUNDS SERIES TRUST III85,5670 00For
IMPAX FUNDS SERIES TRUST I69,2150 00For
Vanguard049,458 00Against
SEI25,2910 00For
PACE SELECT ADVISORS TRUST23,6210 00For
Brown Capital Management Mutual Funds14,8350 00For
Federated Hermes13,7790 00For
Russell Investments9,4220 00For
Mercer Funds08,789 00Against
Principal1,8470 00For
Adviser Managed Trust1920 00For

9. Advisory vote to ratify named executive officers' compensation

0% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 2 asset managers

Description as filed by funds: ADVISORY VOTE TO RATIFY NAMED EXECUTIVE OFFICERS' COMPENSATION

The 2 asset managers below reported 49,972 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.

AGAINST: 49,972
Largest asset managers voting on “ADVISORY VOTE TO RATIFY NAMED EXECUTIVE OFFICERS' COMPENSATION” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
TD ASSET MANAGEMENT INC048,099 00Against
Regime de rentes du Mouvement Desjardins01,873 00Against

10. Authorize Board to Fix Remuneration of the Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 50 asset managers

The 50 asset managers below reported 8,246,074 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: 8,246,074
Largest asset managers voting on “Authorize Board to Fix Remuneration of the Auditors” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,990,2620 00For
Fidelity1,419,9260 00For
Invesco620,7240 00For
TIAA392,6340 00For
Legg Mason392,1600 00For
Dimensional274,1740 00For
State Street191,5840 00For
FRANKLIN FUND ALLOCATOR SERIES131,2370 00For
AQR97,9140 00For
AIG/SunAmerica88,4810 00For
Pacific Life64,1920 00For
Equitable60,3740 00For
Nationwide59,4580 00For
DWS57,6730 00For
Northern Trust53,6710 00For
Aberdeen43,1430 00For
ALPS ETF Trust29,4900 00For
Voya24,2740 00For
Lincoln Financial22,4110 00For
Empower21,8820 00For
GuideStone21,5620 00For
Transamerica20,2370 00For
Morgan Stanley19,9830 00For
American Century17,6030 00For
Brighthouse15,0900 00For

Showing the 25 largest of 50 asset managers. All 50 are in the interactive database (link above).

11. Auditors fees and expenses

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 19 asset managers

Description as filed by funds: AUDITORS FEES AND EXPENSES

The 19 asset managers below reported 3,877,898 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: 3,877,898
Largest asset managers voting on “AUDITORS FEES AND EXPENSES” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock3,368,5480 00For
BAILLIE GIFFORD FUNDS338,7670 00For
John Hancock48,3480 00For
Six Circles Trust23,7820 00For
MASTER INVESTMENT PORTFOLIO22,9980 00For
Allianz13,2480 00For
Bridge Builder Trust11,2900 00For
Jackson National10,3880 00For
Abacus FCF ETF Trust7,6780 00For
Touchstone ETF Trust7,3420 00For
Lincoln Financial6,5750 00For
HARBOR FUNDS4,1190 00For
GPS Funds I3,7120 00For
SP Funds Trust2,3480 00For
PFM Multi-Manager Series Trust2,1000 00For
WILSHIRE MUTUAL FUNDS INC2,0350 00For
Forethought Variable Insurance Trust2,0080 00For
Advisors' Inner Circle Fund III1,4600 00For
Pacer Funds Trust1,1520 00For

12. Authorise Board to Set Auditor's Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 14 asset managers

The 14 asset managers below reported 905,501 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: 905,501
Largest asset managers voting on “Authorise Board to Set Auditor's Fees” at XERO LTD., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab379,8610 00For
Global X119,6430 00For
Prudential/PGIM103,9810 00For
IMPAX FUNDS SERIES TRUST III85,5670 00For
IMPAX FUNDS SERIES TRUST I69,2150 00For
Vanguard49,4580 00For
SEI25,2910 00For
PACE SELECT ADVISORS TRUST23,6210 00For
Brown Capital Management Mutual Funds14,8350 00For
Federated Hermes13,7790 00For
Russell Investments9,4220 00For
Mercer Funds8,7890 00For
Principal1,8470 00For
Adviser Managed Trust1920 00For

Largest XERO LTD. shareholders voting in 2024-2025

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 XERO LTD. shareholders by shares voted on “Approve Remuneration Report”, 2024-2025
#Asset manager Shares voted
1Vanguard 3,990,262
2Fidelity 1,419,926
3Invesco 620,724
4TIAA 392,634
5Legg Mason 392,160
6Dimensional 274,174
7State Street 191,584
8FRANKLIN FUND ALLOCATOR SERIES 131,237
9AQR 97,914
10AIG/SunAmerica 88,481
Institutional-manager reports: top XERO LTD. shareholders by shares voted on “ADOPTION OF REMUNERATION REPORT”, 2024-2025
#Asset manager Shares voted
1BlackRock 7,055,177
2BAILLIE GIFFORD OVERSEAS LTD 503,865
3BAILLIE GIFFORD & CO LTD 297,968
4BAILLIE GIFFORD & CO 59,231
5Northern Trust 48,734
6Korea Investment CORP 48,183
7Treasurer of the State of North Carolina 33,900
81832 Asset Management L.P. 7,040
9PNC BANK, NATIONAL ASSOCIATION 235
10XPONANCE, INC. 209

Shown as share counts, not percentages: no shares-outstanding figure has been matched to XERO LTD. for the 2024-2025 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.

XERO LTD. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “XERO LTD. 2024 Annual Meeting (2024-2025 season): Vote Results”, https://proxyvotesnow.com/company/xero-limited/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.