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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
HUT 8 CORP. June 11, 2026 To elect eight directors to serve until our 2027 Annual Meeting of Stockholders. Amy Wilkinson Director Elections Board AGAINST 6
HUT 8 CORP. June 11, 2026 To elect eight directors to serve until our 2027 Annual Meeting of Stockholders. E. Stanley O'Neal Director Elections Board AGAINST 6
HUT 8 CORP. June 11, 2026 To elect eight directors to serve until our 2027 Annual Meeting of Stockholders. William Tai Director Elections Board AGAINST 6
HWATSING TECHNOLOGY CO., LTD. May 13, 2026 Approve 2025 and 2026 Remuneration of Directors Compensation Board AGAINST 6
HWATSING TECHNOLOGY CO., LTD. May 13, 2026 Approve Related Party Transactions Extraordinary Transactions Board AGAINST 6
HYPOPORT SE June 2, 2026 REELECT MARTIN KREBS TO THE SUPERVISORY BOARD Director Elections Board AGAINST 6
IDP EDUCATION LTD October 21, 2025 Approve Conditional Spill Resolution Director Elections Board AGAINST 6
INDUS HOLDING AG June 3, 2026 APPROVE REMUNERATION REPORT Say-on-Pay Board AGAINST 6
INNOCARE PHARMA LIMITED June 16, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 6
INNOCARE PHARMA LIMITED June 16, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 6
INNOVAGE HOLDING CORP. December 4, 2025 Election of Class II Directors. James G. Carlson Director Elections Board WITHHOLD 6
INTERPUMP GROUP SPA April 30, 2026 Approve Second Section of the Remuneration Report Say-on-Pay Board AGAINST 6
INTERROLL HOLDING SA June 12, 2026 Approve Remuneration Report (Non-Binding) Say-on-Pay Board AGAINST 6
INVISIO AB May 6, 2026 DETERMINE NUMBER OF AUDITORS (1) AND DEPUTY AUDITORS (0) Audit-related Board AGAINST 6
IONOS GROUP SE May 19, 2026 Approve Creation of EUR 70 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights Capital Structure Board AGAINST 6
IONOS GROUP SE May 19, 2026 Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2.8 Billion; Approve Creation of EUR 70 Million Pool of Capital to Guarantee Conversion Rights Capital Structure Board AGAINST 6
IREN LIMITED November 19, 2025 Approve an advisory vote on executive compensation (the "say- on-pay" vote). Say-on-Pay Board AGAINST 6
ISOFTSTONE INFORMATION TECHNOLOGY (GROUP) CO., LTD May 15, 2026 Approve Financial Assistance Provision Extraordinary Transactions Board AGAINST 6
J D WETHERSPOON PLC November 20, 2025 TO RE-ELECT BEN THORNE AS A DIRECTOR Director Elections Board AGAINST 6
J D WETHERSPOON PLC November 20, 2025 TO RE-ELECT DEBRA VAN GENE AS A DIRECTOR Director Elections Board AGAINST 6
JET2 PLC September 4, 2025 Re-elect Angela Luger as Director Director Elections Board AGAINST 6
JET2 PLC September 4, 2025 Re-elect Rachel Kentleton as Director Director Elections Board AGAINST 6
JET2 PLC September 4, 2025 Re-elect Robin Terrell as Director Director Elections Board AGAINST 6
JET2 PLC September 4, 2025 Re-elect Simon Breakwell as Director Director Elections Board AGAINST 6
JINS HOLDINGS INC. November 27, 2025 Appoint a Director who is not Audit and Supervisory Committee Member Kotani, Noboru Director Elections Board AGAINST 6
KASUMIGASEKI CAPITAL CO.,LTD. November 27, 2025 Appoint a Director who is Audit and Supervisory Committee Member Tajiri, Kanako Director Elections Board AGAINST 6
KASUMIGASEKI CAPITAL CO.,LTD. November 27, 2025 Appoint a Director who is not Audit and Supervisory Committee Member Hamanishi, Yasuto Director Elections Board AGAINST 6
KBC GROUPE SA May 7, 2026 Elect Elisa Vlerick as Director Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 APPROVE GRANT OF AWARDS UNDER KENON HOLDINGS LTD. SHARE INCENTIVE PLAN 2014 AND ALLOTMENT AND ISSUANCE OF ORDINARY SHARES Compensation Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT ANTOINE BONNIER AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT ARUNAVA SEN AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT AVIAD KAUFMAN AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT BARAK COHEN AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT CYRIL PIERRE-JEAN DUCAU AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT LAURENCE N. CHARNEY AS DIRECTOR Director Elections Board AGAINST 6
KENON HOLDINGS LTD July 11, 2025 ELECT N. SCOTT FINE AS DIRECTOR Director Elections Board AGAINST 6
KLN LOGISTICS GROUP LIMITED May 21, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 6
KLN LOGISTICS GROUP LIMITED May 21, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 6
KLN LOGISTICS GROUP LIMITED May 21, 2026 Elect Kuok Khoon Hua as Director Director Elections Board AGAINST 6
KLN LOGISTICS GROUP LIMITED May 21, 2026 Elect Wong Yu Pok Marina as Director Director Elections Board AGAINST 6
KLOECKNER & CO. SE May 20, 2026 REELECT TOBIAS KOLLMANN TO THE SUPERVISORY BOARD Director Elections Board AGAINST 6
KLOECKNER & CO. SE May 20, 2026 REELECT UWE ROEHRHOFF TO THE SUPERVISORY BOARD Director Elections Board AGAINST 6
KOJAMO OYJ March 12, 2026 HANDLING OF THE REMUNERATION REPORT FOR GOVERNING BODIES Say-on-Pay Board AGAINST 6
KOSHIDAKA HOLDINGS CO.,LTD. November 27, 2025 Appoint a Director who is Audit and Supervisory Committee Member Moriuchi, Shigeyuki Director Elections Board AGAINST 6
KULR TECHNOLOGY GROUP, INC. November 21, 2025 DIRECTOR: Joanna D. Massey Director Elections Board ABSTAIN 6
KURA SUSHI,INC. January 28, 2026 Appoint a Director who is not Audit and Supervisory Committee Member Tanaka, Kunihiko Director Elections Board AGAINST 6
KUROS BIOSCIENCES AG April 15, 2026 Approve Performance Share Award to the CEO in the Amount of CHF 1.6 Million Compensation Board AGAINST 6
KUWAIT INTERNATIONAL BANK March 16, 2026 AMEND REMUNERATION POLICY OF DIRECTORS Say-on-Pay Board AGAINST 6
LB GROUP CO., LTD. December 19, 2025 PROVISION OF GUARANTEE FOR SUBSIDIARIES Extraordinary Transactions Board AGAINST 6
LEONARDO S.P.A. May 7, 2026 Approve Remuneration of Directors Compensation Board AGAINST 6
LIBERTY ENERGY INC. April 14, 2026 DIRECTOR: Cary Steinbeck Director Elections Board ABSTAIN 6
LIBERTY ENERGY INC. April 14, 2026 DIRECTOR: Gale Norton Director Elections Board ABSTAIN 6
LIFEZONE METALS LTD May 5, 2026 To re-elect Keith Liddell as a Class III Director of the Company. Director Elections Board AGAINST 6
LINAMAR CORP May 12, 2026 ELECT DIRECTOR TERRY REIDEL Director Elections Board ABSTAIN 6
LISI SA April 24, 2026 Authorize up to 1.85 Percent of Issued Capital for Use in Restricted Stock Plans Reserved for Employees and Corporate Officers Compensation Board AGAINST 6
LISI SA April 24, 2026 Reelect Florence Verzelen as Director Director Elections Board AGAINST 6
LISI SA April 24, 2026 Reelect Véronique Saubot as Director Director Elections Board AGAINST 6
LITHIUM ARGENTINA AG June 19, 2026 To approve a non-binding advisory resolution on the Company's executive compensation. Say-on-Pay Board AGAINST 6
LITHIUM ARGENTINA AG June 19, 2026 To approve a non-binding advisory resolution on the Swiss statutory compensation report. Say-on-Pay Board AGAINST 6
LOGISTEA AB May 8, 2026 AMEND ARTICLES RE: CONVERSION OF SHARES Capital Structure Board AGAINST 6
LOGISTEA AB May 8, 2026 APPROVE REPURCHASE OF WARRANTS SERIES 2023/2026; APPROVE ISSUANCE OF SHARES OF CLASS B Compensation Board AGAINST 6
LOGISTEA AB May 8, 2026 APPROVE WARRANT BASED INCENTIVE PLAN 2026/2029 FOR KEY EMPLOYEES Compensation Board AGAINST 6
LOGISTEA AB May 8, 2026 RATIFY ERNST AND YOUNG AS AUDITORS Audit-related Board AGAINST 6
LOGISTEA AB May 8, 2026 REELECT GABRIEL CRONSTEDT AS DIRECTOR Director Elections Board AGAINST 6
LS CORP March 26, 2026 APPROVAL OF LIMITS ON REMUNERATION FOR DIRECTOR Compensation Board AGAINST 6
LUK FOOK HOLDINGS (INTERNATIONAL) LTD August 21, 2025 SUBJECT TO THE PASSING OF RESOLUTION NOS. 5 AND 6, TO AUTHORISE THE DIRECTORS TO ISSUE ADDITIONAL SHARES REPRESENTING THE NOMINAL VALUE OF THE SHARES REPURCHASED BY THE COMPANY Capital Structure Board AGAINST 6
LUK FOOK HOLDINGS (INTERNATIONAL) LTD August 21, 2025 TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL SHARES IN THE CAPITAL OF THE COMPANY Capital Structure Board AGAINST 6
LUK FOOK HOLDINGS (INTERNATIONAL) LTD August 21, 2025 TO RE-ELECT MR. MAK WING SUM, ALVIN AS DIRECTOR Director Elections Board AGAINST 6
M&A CAPITAL PARTNERS CO.,LTD. December 25, 2025 Appoint a Director Nakamura, Satoru Director Elections Board AGAINST 6
M&A CAPITAL PARTNERS CO.,LTD. December 25, 2025 Appoint a Director Nishizawa, Tamio Director Elections Board AGAINST 6
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC March 5, 2026 DIRECTOR: Jihye Whang Rosenband Director Elections Board ABSTAIN 6
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC March 5, 2026 DIRECTOR: John Ritchie Director Elections Board ABSTAIN 6
MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC March 5, 2026 DIRECTOR: Murugesan R Shanmugaraj Director Elections Board ABSTAIN 6
MAINSTREET BANCSHARES, INC. May 21, 2026 to elect four directors of the Company for a term of three years each; Paul Thomas Haddock Director Elections Board WITHHOLD 6
MARIMEKKO OY April 16, 2026 Reelect Massimiliano Brunazzo, Mika Ihamuotila (Chair), Teemu Kangas-Karki (Vice-Chair) and Marianne Vikkula as Directors; Elect Jean-Baptiste Debains and Antoinette Louis as New Directors Director Elections Board AGAINST 6
MAUI LAND & PINEAPPLE COMPANY, INC. May 27, 2026 DIRECTOR: A. Catherine Ngo Director Elections Board ABSTAIN 6
MAUI LAND & PINEAPPLE COMPANY, INC. May 27, 2026 DIRECTOR: Glyn Aeppel Director Elections Board ABSTAIN 6
MAUI LAND & PINEAPPLE COMPANY, INC. May 27, 2026 DIRECTOR: Ken Ota Director Elections Board ABSTAIN 6
MAXLINEAR, INC. May 20, 2026 To approve, on an advisory basis, the compensation of our named executive officers for the year ended December 31, 2025, as set forth in the proxy statement. Say-on-Pay Board AGAINST 6
MEDALLION FINANCIAL CORP. June 9, 2026 BIMIZCI Fund LLC, NOMINEES: Eric Kelly Director Elections Board WITHHOLD 6
MEDALLION FINANCIAL CORP. June 9, 2026 BIMIZCI Fund LLC, NOMINEES: Timothy Shanahan Director Elections Board WITHHOLD 6
MEDALLION FINANCIAL CORP. June 9, 2026 COMPANY NOMINEES: Alvin Murstein Director Elections Board WITHHOLD 6
MEITUAN June 26, 2026 TO RE-APPOINT PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY TO HOLD OFFICE UNTIL THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING OF THE COMPANY AND TO AUTHORIZE THE BOARD TO FIX THEIR REMUNERATION FOR THE YEAR ENDING DECEMBER 31, 2026 Audit-related Board AGAINST 6
MENORA MIVTACHIM HOLDINGS LTD May 4, 2026 TO REELECT ORIT STAV AS EXTERNAL DIRECTOR AND APPROVE HER REMUNERATION Director Elections Board AGAINST 6
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF GIULIO GALLAZZI AS NON-EXECUTIVE DIRECTOR Director Elections Board AGAINST 6
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF STEFANIA BARIATTI AS NON-EXECUTIVE DIRECTOR Director Elections Board AGAINST 6
MFE-MEDIAFOREUROPE N.V. June 24, 2026 AUTHORIZE REPURCHASE OF SHARES Capital Structure Board AGAINST 6
MILDEF GROUP AB May 21, 2026 APPROVE LONG-TERM CASH-BASED INCENTIVE PROGRAM (LTIP 2026/2029) FOR KEY EMPLOYEES Compensation Board AGAINST 6
MILDEF GROUP AB May 21, 2026 REELECT LISA ABOM AS DIRECTOR Director Elections Board AGAINST 6
MINTH GROUP LTD June 30, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 6
MITSUI DM SUGAR CO.,LTD. June 23, 2026 Appoint a Director who is not Audit and Supervisory Committee Member Mukawa, Satoshi Director Elections Board AGAINST 6
MITSUI DM SUGAR CO.,LTD. June 23, 2026 Appoint a Director who is not Audit and Supervisory Committee Member Shimoishikawa, Satoru Director Elections Board AGAINST 6
MIVNE REAL ESTATE (K.D) LTD January 11, 2026 REAPPOINT ERNST & YOUNG KOST FORER GABBAY KASIERER AS AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION Audit-related Board ABSTAIN 6
MODERN TIMES GROUP MTG AB May 21, 2026 Reelect Florian Schuhbauer as Director Director Elections Board AGAINST 6
MODERN TIMES GROUP MTG AB May 21, 2026 Reelect Gerhard Florin as Director Director Elections Board AGAINST 6
MODERN TIMES GROUP MTG AB May 21, 2026 Reelect Liia Nou as Director Director Elections Board AGAINST 6
MODERN TIMES GROUP MTG AB May 21, 2026 Reelect Simon Duffy as Director Director Elections Board AGAINST 6
MONOPAR THERAPEUTICS, INC. June 22, 2026 DIRECTOR: Christopher M. Starr Director Elections Board ABSTAIN 6
MONOPAR THERAPEUTICS, INC. June 22, 2026 DIRECTOR: Raymond W. Anderson Director Elections Board ABSTAIN 6
MONTEA NV May 19, 2026 REMUNERATION POLICY Say-on-Pay Board AGAINST 6

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