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BlackRock 2025-2026: where it broke with the board

At least 6,035 proposals in the 2025-2026 proxy season: BlackRock voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 35 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal BlackRock voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

6,035 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.

BlackRock, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedBlackRock votedFunds
SACYR SA June 3, 2026 Reelect Demetrio Carceller Arce as Director Director Elections Board AGAINST 8
SAFILO GROUP SPA April 28, 2026 REPORT ON THE POLICY CONCERNING REMUNERATION AND COMPENSATION PAID: APPROVAL OF SECTION I OF THE REPORT Say-on-Pay Board AGAINST 8
SAFILO GROUP SPA April 28, 2026 REPORT ON THE POLICY CONCERNING REMUNERATION AND COMPENSATION PAID: NON-BINDING VOTE ON SECTION II OF THE REPORT Say-on-Pay Board AGAINST 8
SALZGITTER AG June 3, 2026 RATIFY EY GMBH & CO. KG AS AUDITORS FOR FISCAL YEAR 2026 Audit-related Board AGAINST 8
SANSAN,INC. August 26, 2025 Appoint a Director who is not Audit and Supervisory Committee Member Akaura, Toru Director Elections Board AGAINST 8
SATELLOGIC INC. June 3, 2026 Election of Directors. Tom Killalea Director Elections Board WITHHOLD 8
SAUDI TADAWUL GROUP HOLDING COMPANY June 30, 2026 TO APPROVE THE BUY-BACK OF THE GROUP'S SHARES, UP TO A MAXIMUM OF 1,220,000 OF THE GROUP'S ORDINARY SHARES, FOR THE PURPOSE OF ALLOCATING THEM TO THE EMPLOYEE STOCK INCENTIVE PLAN, TO BE FINANCED FROM THE GROUP'S INTERNAL RESOURCES, AND TO AUTHORIZE THE BOARD OF DIRECTORS TO FINALIZE THE BUY-BACK TRANSACTION WITHIN A MAXIMUM PERIOD OF EIGHTEEN (18) MONTHS FROM THE DATE OF THE EXTRAORDINARY GENERAL ASSEMBLY'S RESOLUTION, WITH THE PURCHASED SHARES TO BE KEPT NO LONGER THAN 6 YEARS FROM THE DATE OF EXTRAORDINARY GENERAL ASSEMBLY APPROVAL UNTIL ALLOCATED TO ELIGIBLE EMPLOYEES, AFTER WHICH THE GROUP WILL FOLLOW THE RULES AND PROCEDURES STIPULATED IN THE RELEVANT LAWS AND REGULATIONS. Capital Structure Board AGAINST 8
SAUDI TADAWUL GROUP HOLDING COMPANY June 30, 2026 TO APPROVE THE EMPLOYEES SHARES PLAN, AND TO AUTHORIZE THE BOARD TO DETERMINE THE TERMS OF THE PLAN INCLUDING THE ALLOCATION PRICE FOR EACH SHARE OFFERED TO EMPLOYEES IF OFFERED FOR CONSIDERATION. Compensation Board AGAINST 8
SCATEC ASA April 24, 2026 Reelect Maria Tallaksen as Director Director Elections Board AGAINST 8
SEB SA May 12, 2026 Approve Allocation of Income and Dividends of EUR 1.68 per Share and an Extra of EUR 0.168 per Share to Long Term Registered Shares Capital Structure Board AGAINST 8
SEB SA May 12, 2026 Authorize Repurchase of Up to 10 Percent of Issued Share Capital Capital Structure Board AGAINST 8
SEB SA May 12, 2026 Elect William Gairard as Director Director Elections Board AGAINST 8
SEIREN CO.,LTD. June 25, 2026 Appoint a Director Kitabata, Takao Director Elections Board AGAINST 8
SEMLER SCIENTIFIC, INC. September 5, 2025 To approve the amendment of Semler Scientific, Inc.'s Restated Certificate of Incorporation, as amended to increase the total number of shares of our common stock authorized for issuance from 50,000,000 shares to 210,000,000 shares. Capital Structure Board AGAINST 8
SEMLER SCIENTIFIC, INC. September 5, 2025 To approve the amendment of the Restated Certificate of Incorporation, as amended, to authorize the issuance of 42,000,000 shares of "blank-check" preferred stock. Capital Structure Board AGAINST 8
SEMLER SCIENTIFIC, INC. September 5, 2025 To elect the following nominee to Class l of our board of directors: William H.C. Chang Director Elections Board WITHHOLD 8
SENECA FOODS CORPORATION August 7, 2025 DIRECTOR: John P. Gaylord Director Elections Board ABSTAIN 8
SES S.A. April 2, 2026 APPROVE AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION Audit-related Board AGAINST 8
SES S.A. April 2, 2026 APPROVE REMUNERATION OF DIRECTORS Compensation Board AGAINST 8
SG MICRO CORP April 20, 2026 Approve Use of Idle Own Funds for Cash Management Extraordinary Transactions Board AGAINST 8
SG MICRO CORP April 20, 2026 Approve the General Mandate for Issuance of H Shares Capital Structure Board AGAINST 8
SHAANXI COAL INDUSTRY COMPANY LIMITED November 18, 2025 2026 ESTIMATED CONTINUING CONNECTED TRANSACTIONS Extraordinary Transactions Board AGAINST 8
SHANDONG GOLD MINING CO LTD September 19, 2025 TO CONSIDER AND APPROVE THE RESOLUTION ON PROVIDING GUARANTEES BETWEEN WHOLLY-OWNED SUBSIDIARIES OF SHANJIN INTERNATIONAL, A CONTROLLING SUBSIDIARY OF THE COMPANY Extraordinary Transactions Board AGAINST 8
SHANDONG HUALU-HENGSHENG CHEMICAL CO LTD May 21, 2026 Approve Use of Own Funds to Purchase Structured Deposits Extraordinary Transactions Board AGAINST 8
SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO., LTD. September 15, 2025 2025 ADDITIONAL GUARANTEE QUOTA FOR WHOLLY-OWNED SUBSIDIARIES Extraordinary Transactions Board AGAINST 8
SHANXI COKING COAL ENERGY GROUP CO., LTD. December 29, 2025 2026 ESTIMATED CONTINUING CONNECTED TRANSACTIONS Extraordinary Transactions Board AGAINST 8
SHANXI COKING COAL ENERGY GROUP CO., LTD. May 28, 2026 Approve Signing the Financial Services Agreement Extraordinary Transactions Board AGAINST 8
SHANXI LU'AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L September 16, 2025 FINANCIAL AID TO A CONTROLLED SUBSIDIARY Extraordinary Transactions Board AGAINST 8
SHANXI LU'AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L January 9, 2026 PROPOSAL REGARDING THE ESTIMATED RELATED-PARTY TRANSACTIONS OF THE COMPANY FOR THE YEAR 2026 Extraordinary Transactions Board AGAINST 8
SHANXI LU'AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L May 20, 2026 Approve Financial Service Agreement Extraordinary Transactions Board AGAINST 8
SHANXI LU'AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L May 20, 2026 Approve Provision of Financial Assistance Extraordinary Transactions Board AGAINST 8
SHANXI LU'AN ENVIRONMENTAL ENERGY DEVELOPMENT CO L May 20, 2026 Approve Related Party Transaction Extraordinary Transactions Board AGAINST 8
SHENZHEN ENVICOOL TECHNOLOGY CO LTD May 12, 2026 Approve Provision of Guarantees Extraordinary Transactions Board AGAINST 8
SHIFT INC. November 25, 2025 Appoint a Director who is Audit and Supervisory Committee Member Yanaka, Naoko Director Elections Board AGAINST 8
SIGA TECHNOLOGIES, INC. June 9, 2026 DIRECTOR: Gary J. Nabel Director Elections Board ABSTAIN 8
SIGA TECHNOLOGIES, INC. June 9, 2026 DIRECTOR: Joseph W. Marshall, III Director Elections Board ABSTAIN 8
SIMULATIONS PLUS, INC. February 12, 2026 DIRECTOR: Dr. Walter S. Woltosz Director Elections Board ABSTAIN 8
SKILLSOFT CORP. June 25, 2026 To approve, on an advisory basis, the compensation of our named executive officers; Say-on-Pay Board AGAINST 8
SKISTAR AB December 13, 2025 Approve Remuneration Report Say-on-Pay Board AGAINST 8
SLIGRO FOOD GROUP NV May 13, 2026 Amend Remuneration Policy Say-on-Pay Board AGAINST 8
SMA SOLAR TECHNOLOGY AG June 9, 2026 Approve Discharge of Supervisory Board Member Matthias Victor for Fiscal Year 2025 Director Elections Board AGAINST 8
SMA SOLAR TECHNOLOGY AG June 9, 2026 Approve Discharge of Supervisory Board Member Uwe Kleinkauf for Fiscal Year 2025 Director Elections Board AGAINST 8
SMA SOLAR TECHNOLOGY AG June 9, 2026 Approve Discharge of Supervisory Board Member Yvonne Siebert for Fiscal Year 2025 Director Elections Board AGAINST 8
SODEXO December 16, 2025 Approve Compensation of Sophie Bellon, Chairwoman and CEO Say-on-Pay Board AGAINST 8
SOLARIA ENERGIA Y MEDIO AMBIENTE, SA June 29, 2026 Reelect Carlos Francisco Abad Rico as Director Director Elections Board AGAINST 8
SOLARIA ENERGIA Y MEDIO AMBIENTE, SA June 29, 2026 Reelect Enrique Diaz-Tejeiro Gutierrez as Director Director Elections Board AGAINST 8
STE VIRBAC SA June 29, 2026 Reelect Philippe Capron as Director Director Elections Board AGAINST 8
SUNRISE COMMUNICATIONS AG May 7, 2026 ADVISORY VOTE ON THE COMPENSATION REPORT 2025 Say-on-Pay Board AGAINST 8
SUNRISE COMMUNICATIONS AG May 7, 2026 Reelect Michael Fries as Director and Board Chair Director Elections Board AGAINST 8
SUPCON TECHNOLOGY CO., LTD. May 11, 2026 Approve 2025 and 2026 Remuneration of Directors Compensation Board AGAINST 8
SUPCON TECHNOLOGY CO., LTD. May 11, 2026 Approve Credit Line Application and Provision of Guarantee Extraordinary Transactions Board AGAINST 8
SUPER GROUP (SGHC) LIMITED June 25, 2026 To resolve that the Company be authorised, in accordance with section 315 of the Companies Law, to make market acquisitions of the shares in the capital of the Company on the terms set out in the notice of AGM. Capital Structure Board AGAINST 8
TAMBURI INVESTMENT PARTNERS SPA April 29, 2026 INCENTIVE PLAN CALLED 'PERFORMANCE SHARE PLAN TIP 2025/2027'. RELATED AND CONSEQUENT RESOLUTIONS Compensation Board AGAINST 8
TATE & LYLE PLC July 24, 2025 Re-elect Isabelle Esser as Director Director Elections Board AGAINST 8
TATE & LYLE PLC July 24, 2025 Re-elect Warren Tucker as Director Director Elections Board AGAINST 8
TAURON POLSKA ENERGIA S.A May 20, 2026 APPROVE DISCHARGE OF ARKADIUSZ JOWKO (SUPERVISORY BOARD MEMBER) Director Elections Board AGAINST 8
TAURON POLSKA ENERGIA S.A May 20, 2026 APPROVE DISCHARGE OF LESZEK KOZIOROWSKI (SUPERVISORY BOARD MEMBER) Director Elections Board AGAINST 8
TAURON POLSKA ENERGIA S.A May 20, 2026 APPROVE DISCHARGE OF MARIUSZ BABOL (SUPERVISORY BOARD MEMBER) Director Elections Board AGAINST 8
TAURON POLSKA ENERGIA S.A May 20, 2026 APPROVE DISCHARGE OF SLAWOMIR SMYCZEK (SUPERVISORY BOARD MEMBER) Director Elections Board AGAINST 8
TECHNOGYM S.P.A. May 5, 2026 APPROVE 2026-2028 PERFORMANCE SHARES PLAN Compensation Board AGAINST 8
TECHNOGYM S.P.A. May 5, 2026 AUTHORIZE BOARD TO INCREASE CAPITAL TO SERVICE 2026-2028 PERFORMANCE SHARES PLAN Compensation Board AGAINST 8
TECHTARGET, INC. June 11, 2026 Election of Directors: Sally Ashford Director Elections Board AGAINST 8
TELEFON AB L.M.ERICSSON March 31, 2026 ELECTION OF BOARD MEMBERS AND DEPUTIES OF THE BOARD OF DIRECTORS - "JAN CARLSON"(RE-ELECTION) Director Elections Board AGAINST 8
TERNA - RETE ELETTRICA NAZIONALE SOCIETA' PER AZIO May 12, 2026 Elect Stefano Cuzzilla as Board Chair Director Elections Board AGAINST 8
THE NAVIGATOR COMPANY S.A May 27, 2026 AUTHORIZE REPURCHASE AND REISSUANCE OF SHARES AND BONDS Capital Structure Board AGAINST 8
THE SAUDI INVESTMENT BANK June 4, 2026 Ratify Auditors and Fix Their Remuneration for Q2, Q3, and Annual Statement of FY 2026 and Q1 of FY 2027 Audit-related Board ABSTAIN 8
TILRAY BRANDS, INC. November 18, 2025 Approval of the non-binding advisory resolution on the named executive officer compensation; Say-on-Pay Board AGAINST 8
TITAN INTERNATIONAL, INC. June 18, 2026 DIRECTOR: Maurice M. Taylor, Jr. Director Elections Board ABSTAIN 8
TITAN INTERNATIONAL, INC. June 18, 2026 DIRECTOR: Max A. Guinn Director Elections Board ABSTAIN 8
TOEI ANIMATION CO.,LTD. June 23, 2026 Appoint a Director Morishita, Kozo Director Elections Board AGAINST 8
TOEI ANIMATION CO.,LTD. June 23, 2026 Appoint a Director Shimizu, Kenji Director Elections Board AGAINST 8
TOEI ANIMATION CO.,LTD. June 23, 2026 Appoint a Director Sunami, Gengo Director Elections Board AGAINST 8
TOEI ANIMATION CO.,LTD. June 23, 2026 Appoint a Director Takagi, Katsuhiro Director Elections Board AGAINST 8
TOKYU CONSTRUCTION CO., LTD. June 24, 2026 Appoint a Director who is not Audit and Supervisory Committee Member Onda, Isao Director Elections Board AGAINST 8
TONGLING NONFERROUS METALS GROUP CO LTD May 13, 2026 Approve the Estimated Daily Financial Related Party Transactions Extraordinary Transactions Board AGAINST 8
TONGLING NONFERROUS METALS GROUP CO LTD May 13, 2026 Elect Ding Shiqi as Director Director Elections Board AGAINST 8
TORM PLC April 15, 2026 RE-ELECT ANNETTE MALM JUSTAD AS DIRECTOR Director Elections Board AGAINST 8
TORM PLC April 15, 2026 RE-ELECT GORAN TRAPP AS DIRECTOR Director Elections Board AGAINST 8
TOYOTA BOSHOKU CORPORATION June 12, 2026 Appoint a Director Yamazaki, Yasuhiko Director Elections Board AGAINST 8
TPG INC. June 3, 2026 Election of Directors David Trujillo Director Elections Board WITHHOLD 8
TPG INC. June 3, 2026 Election of Directors Deborah Messemer Director Elections Board WITHHOLD 8
TPG INC. June 3, 2026 Election of Directors Ganendran Sarvananthan Director Elections Board WITHHOLD 8
TPG INC. June 3, 2026 Election of Directors Kelvin Davis Director Elections Board WITHHOLD 8
TRATON SE June 16, 2026 APPROVE REMUNERATION REPORT Say-on-Pay Board AGAINST 8
TRUSTPILOT GROUP PLC May 19, 2026 Re-elect Angela Seymour-Jackson as Director Director Elections Board AGAINST 8
TSUMURA & CO. June 26, 2026 Appoint a Director who is not Audit and Supervisory Committee Member Kaipin Kui Director Elections Board AGAINST 8
TUPRAS-TURKIYE PETROL RAFINELERI AS March 11, 2026 Approve Director Remuneration Compensation Board AGAINST 8
TUPRAS-TURKIYE PETROL RAFINELERI AS March 11, 2026 Elect Directors Director Elections Board AGAINST 8
TURKIYE IS BANKASI AS March 31, 2026 Approve Director Remuneration Compensation Board AGAINST 8
TURKIYE IS BANKASI AS March 31, 2026 Elect Directors Director Elections Board AGAINST 8
UBISOFT ENTERTAINMENT July 10, 2025 Elect Axelle Lemaire as Director Director Elections Board AGAINST 8
UNIPOL ASSICURAZIONI SPA April 29, 2026 REPORT ON REMUNERATION POLICY AND COMPENSATION PAID. RELATED AND CONSEQUENT RESOLUTIONS. APPROVAL OF THE FIRST SECTION OF THE REPORT ON REMUNERATION POLICY AND COMPENSATION PAID, PURSUANT TO ART. 123-TER, PARAGRAPH 3, OF LEGISLATIVE DECREE NO. 58/1998 (TUF) AND ARTICLES 41, 59, AND 93 OF IVASS REGULATION NO. 38/2018; Say-on-Pay Board AGAINST 8
UOL GROUP LTD April 27, 2026 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 8
UOL GROUP LTD April 27, 2026 Elect Wee Ee-chao as Director Director Elections Board AGAINST 8
VALIANT HOLDING AG May 13, 2026 Reelect Markus Gygax as Director and Board Chair Director Elections Board AGAINST 8
VALMET CORP March 25, 2026 APPROVE REMUNERATION OF AUDITOR FOR SUSTAINABILITY REPORTING Audit-related Board AGAINST 8
VESTAS WIND SYSTEMS A/S April 8, 2026 ELECTION OF MEMBER TO THE BOARD OF DIRECTORS: RE-ELECTION OF ANDERS ERIK RUNEVAD Director Elections Board ABSTAIN 8
VICAT SA April 10, 2026 APPROVE DISCHARGE OF DIRECTORS Director Elections Board AGAINST 8
VIDRALA SA April 29, 2026 ELECT AMELIA DIAZ-GUARDAMINO DELCLAUX AS DIRECTOR Director Elections Board AGAINST 8
VIDRALA SA April 29, 2026 REELECT AITOR SALEGUI ESCOLANO AS DIRECTOR Director Elections Board AGAINST 8

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Built November 7, 2026 from SEC Form N-PX filings.