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DWS 2024-2025: where it broke with the board

At least 6,113 proposals in the 2024-2025 proxy season: DWS voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 113 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal DWS 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

6,113 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.

DWS, 2024-2025 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 recommendedDWS votedFunds
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Company and the Transaction Counterparty to Sign a Conditional Transaction Agreement Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Company's Stock Price Fluctuations Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding this Transaction Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Compliance with Article 11 and 43 of Administrative Measures for Major Asset Restructuring, Article 4 of Requirements for the Planning and Implementation of Major Asset Restructuring, Measures for the Registration of Securities Issuance Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Manner, Target Parties and Subscription Manner in Connection to Raising Supporting Funds Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Price Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Price Adjustment Mechanism Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Price and Par Value in Connection to Raising Supporting Funds Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Scale Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Issue Type, Par Value and Listing Location Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Listing Location in Connection to Raising Supporting Funds Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Lock-up Period Arrangement Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Lock-up Period Arrangement in Connection to Raising Supporting Funds Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Major Asset Swap and Issuance of Shares to Purchase Assets and Raise Supporting Funds Complies with Relevant Laws and Regulations Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Overview of Transaction Plan Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Performance Commitments and Compensation Arrangements Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Pricing Basis, Pricing Base Date and Issue Price in Connection to Raising Supporting Funds Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Pricing Basis, Transaction Price and Payment Method of Asset Swap Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Profit and Loss Arrangement During Transition Period Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Purchase and Sale of Assets Within 12 Months Prior to this Transaction Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Relationship Between the Specific Plan for this Transaction and Raising Supporting Funds, Major Asset Swap and Issuance of Shares to Purchase Assets Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Relevant Entities Does Not Participate in Major Asset Restructure of Listed Companies and Does Not Have Article 12 of Strengthening the Supervision over Abnormal Stock Trading Related to the Material Asset Reorganizations of Listed Companies Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Resolution Validity Period Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Target Parties and Subscription Manner Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Transaction Constitutes as Major Asset Reorganization Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Transaction Counterparty Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Transaction Does Not Comply with Article 13 of the Measures for the Administration of Major Asset Restructuring of Listed Companies Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Transitional Profit and Loss Arrangements Extraordinary Transactions Board AGAINST 1
SPIC INDUSTRY-FINANCE HOLDINGS CO. LTD. May 26, 2025 Approve Usage of Raised Funds in Connection to Raising Supporting Funds Capital Structure Board AGAINST 1
STARHUB LTD. April 25, 2025 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 1
STARTS CORP. INC. June 27, 2025 Elect Director Muraishi, Hisaji Director Elections Board AGAINST 1
STARTS CORP. INC. June 27, 2025 Elect Director Muraishi, Toyotaka Director Elections Board AGAINST 1
STRAUSS GROUP LTD. November 5, 2024 Reappoint Somekh Chaikin (KPMG) as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
STRAUSS GROUP LTD. November 5, 2024 Reelect David Moshevitz as Director Director Elections Board AGAINST 1
STRAUSS GROUP LTD. March 27, 2025 Approve One-Time Grant to Shai Babad, CEO Compensation Board AGAINST 1
STROEER SE & CO. KGAA June 4, 2025 Elect Christoph Vilanek to the Supervisory Board Director Elections Board AGAINST 1
STROEER SE & CO. KGAA June 4, 2025 Elect Hans Kulartz to the Supervisory Board Director Elections Board AGAINST 1
STROEER SE & CO. KGAA June 4, 2025 Elect Martin Diederichs to the Supervisory Board Director Elections Board AGAINST 1
STROEER SE & CO. KGAA June 4, 2025 Elect Matthias Dang to the Supervisory Board Director Elections Board AGAINST 1
SUEDZUCKER AG July 18, 2024 Approve Remuneration Report Compensation Board AGAINST 1
SUMITOMO CHEMICAL CO. LTD. June 20, 2025 Elect Director Iwata, Keiichi Director Elections Board AGAINST 1
SUMITOMO HEAVY INDUSTRIES LTD. March 28, 2025 Elect Director Okamura, Tetsuya Director Elections Board AGAINST 1
SUMITOMO HEAVY INDUSTRIES LTD. March 28, 2025 Elect Director Shimomura, Shinji Director Elections Board AGAINST 1
SUMITOMO RUBBER INDUSTRIES LTD. March 27, 2025 Elect Director Yamamoto, Satoru Director Elections Board AGAINST 1
SUOFEIYA HOME COLLECTION CO. LTD. September 13, 2024 Approve Financial Derivatives Trading Business Capital Structure Board AGAINST 1
SUOFEIYA HOME COLLECTION CO. LTD. May 20, 2025 Approve Cash Management Extraordinary Transactions Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Approve Fixed Remuneration of Executive Committee in the Amount of CHF 5.7 Million Compensation Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Approve Fixed Remuneration of Executive Directors in the Amount of CHF 3.1 Million Compensation Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Approve Variable Remuneration of Executive Committee in the Amount of CHF 8.4 Million Compensation Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Approve Variable Remuneration of Executive Directors in the Amount of CHF 6.9 Million Compensation Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Claude Nicollier as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Daniela Aeschlimann as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Ernst Tanner as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Georges Hayek as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Jean-Pierre Roth as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Marc Hayek as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reappoint Nayla Hayek as Member of the Compensation Committee Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Claude Nicollier as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Daniela Aeschlimann as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Ernst Tanner as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Georges Hayek as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Jean-Pierre Roth as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Marc Hayek as Director Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Nayla Hayek as Board Chair Director Elections Board AGAINST 1
SWATCH GROUP AG May 21, 2025 Reelect Nayla Hayek as Director Director Elections Board AGAINST 1
SWECO AB April 29, 2025 Reelect Asa Bergman, Alf Goransson, Johan Hjertonsson, Johan Nordstrom (Chair), Susanne Pahlen Aklundh and Johan Wall as Directors; Elect Katrien Beuls and Constanze Hufenbecher as New Directors Director Elections Board AGAINST 1
SWEDISH LOGISTIC PROPERTY AB April 29, 2025 Approve Issuance of up to 15 Percent of Share Capital without Preemptive Rights Capital Structure Board AGAINST 1
SWEDISH LOGISTIC PROPERTY AB April 29, 2025 Reelect Erik Selin as Board Chair Director Elections Board AGAINST 1
SWEDISH LOGISTIC PROPERTY AB April 29, 2025 Reelect Erik Selin as Director Director Elections Board AGAINST 1
SWEDISH LOGISTIC PROPERTY AB April 29, 2025 Reelect Peter Strand as Board Vice Chair Director Elections Board AGAINST 1
SWEDISH LOGISTIC PROPERTY AB April 29, 2025 Reelect Peter Strand as Director Director Elections Board AGAINST 1
SWIRE PROPERTIES LTD. May 13, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
SWK Holdings Corporation June 13, 2025 The approval of the Company's 2010 Equity Incentive Plan, as amended. Compensation Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect CHENG, WEN-FENG, with Shareholder No. X100131XXX, as Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect CHU, HSIAO-SHING, a Representative of TAIWAN MOBILE CO., LTD. with Shareholder No. 0197592, as Non-Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect HSIEH, CHIN-HO, with Shareholder No. 0101474, as Non-Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect HUANG, CHI-RONG, with Shareholder No. 0069454, as Non-Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect HUANG, TING-RONG, with Shareholder No. 0069453, as Non-Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect SHAW, SHUNG-HO, with Shareholder No. 0001656, as Non-Independent Director Director Elections Board AGAINST 1
SYSTEX CORP. May 28, 2025 Elect WU, CHENG-HUAN, with Shareholder No. 0000457, as Non-Independent Director Director Elections Board AGAINST 1
Sable Offshore Corp. June 11, 2025 To elect one Class I director, Michael Dillard, to hold office until our 2028 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal; Director Elections Board WITHHOLD 1
Sabre Corporation April 23, 2025 To approve our 2025 Omnibus Incentive Compensation Plan. Compensation Board AGAINST 1
Safe Bulkers, Inc. September 12, 2024 Elect Director Ioannis Foteinos Director Elections Board WITHHOLD 1
Safe Bulkers, Inc. September 12, 2024 Elect Director Ole Wikborg Director Elections Board WITHHOLD 1
Safe Bulkers, Inc. September 12, 2024 Elect Director Polys V. Hajioannou Director Elections Board WITHHOLD 1
Savers Value Village, Inc. June 4, 2025 Election of Directors: Robyn Collver Director Elections Board WITHHOLD 1
Seacoast Banking Corporation of Florida May 19, 2025 Advisory (Non-binding) Vote on Compensation of Named Executive Officers Say-on-Pay Board AGAINST 1
SelectQuote, Inc. November 12, 2024 To elect the Class II director nominees listed below for a term of three years: Earl H. Devanny III Director Elections Board WITHHOLD 1
SelectQuote, Inc. November 12, 2024 To elect the Class II director nominees listed below for a term of three years: Raymond F. Weldon Director Elections Board WITHHOLD 1
Semler Scientific, Inc. October 4, 2024 Proposal 3 - Approve the Semler Scientific, Inc. 2024 Stock Option and Incentive Plan. Compensation Board AGAINST 1
Septerna, Inc. June 17, 2025 Election of Directors: Abraham Bassan, M.S. Director Elections Board WITHHOLD 1
Septerna, Inc. June 17, 2025 Election of Directors: Alan Ezekowitz, M.D., D. Phil. Director Elections Board WITHHOLD 1
Sera Prognostics, Inc. June 5, 2025 Election of Directors: Jane F. Barlow, M.D. Director Elections Board WITHHOLD 1
Sera Prognostics, Inc. June 5, 2025 Election of Directors: Mansoor Raza Mirza, M.D. Director Elections Board WITHHOLD 1
Service Properties Trust June 13, 2025 Election of Trustees. Nominees (for Independent Trustee): Donna D. Fraiche Director Elections Board AGAINST 1
Service Properties Trust June 13, 2025 Election of Trustees. Nominees (for Independent Trustee): Robert E. Cramer Director Elections Board AGAINST 1
Service Properties Trust June 13, 2025 Election of Trustees. Nominees (for Managing Trustee): Adam Portnoy Director Elections Board AGAINST 1
Seven Hills Realty Trust May 28, 2025 Election of Trustees: Barbara D. Gilmore Director Elections Board WITHHOLD 1

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