Home › Asset managers › DWS › 2025-2026 › Against the board
At least 6,056 proposals in the 2025-2026 proxy season: DWS voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 56 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
6,056 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | DWS voted | Funds |
|---|---|---|---|---|---|---|---|
| LiveWire Group, Inc. | May 21, 2026 | Election of Directors: Glen Koval | Director Elections | Board | WITHHOLD | 1 | |
| LiveWire Group, Inc. | May 21, 2026 | Election of Directors: Jonathan Root | Director Elections | Board | WITHHOLD | 1 | |
| LiveWire Group, Inc. | May 21, 2026 | Election of Directors: Paul Krause | Director Elections | Board | WITHHOLD | 1 | |
| Livzon Pharmaceutical Group Inc. | May 29, 2026 | Approve of Grant Thornton (Special General Partnership) as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Lloyds Metals & Energy Ltd. | September 11, 2025 | Approve Loans, Guarantees, Securities and/or Investments in Other Body Corporate | Capital Structure | Board | AGAINST | 1 | |
| Logistea AB | May 8, 2026 | Approve Creation of Pool of Capital without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Logistea AB | May 8, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Lotte Corp. | March 24, 2026 | Elect Shin Dong-bin as Inside Director | Director Elections | Board | AGAINST | 1 | |
| Lottomatica Group SpA | April 20, 2026 | Approve 2026-2028 Stock Options Plan | Compensation | Board | AGAINST | 1 | |
| Louis Hachette Group SA | May 5, 2026 | Authorize up to 1.1 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| Louis Hachette Group SA | May 5, 2026 | Reelect Arnaud de Puyfontaine as Director | Director Elections | Board | AGAINST | 1 | |
| Lucid Diagnostics Inc. | June 24, 2026 | Election of Class B Directors: James L. Cox, M.D. | Director Elections | Board | WITHHOLD | 1 | |
| Lucid Diagnostics Inc. | June 24, 2026 | Election of Class B Directors: John R. Palumbo | Director Elections | Board | WITHHOLD | 1 | |
| Lucid Diagnostics Inc. | June 24, 2026 | Election of Class B Directors: Ronald M. Sparks | Director Elections | Board | WITHHOLD | 1 | |
| Lucid Group, Inc. | June 4, 2026 | Election of directors: Turqi Alnowaiser | Director Elections | Board | WITHHOLD | 1 | |
| Lucid Group, Inc. | June 4, 2026 | To approve the amendment and restatement of the Lucid Group, Inc. Amended and Restated 2021 Stock Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Lucid Group, Inc. | June 4, 2026 | To approve, on an advisory basis, the compensation for our named executive officers as disclosed in our Proxy Statement | Say-on-Pay | Board | AGAINST | 1 | |
| Lument Finance Trust, Inc. | June 10, 2026 | Approval, on an advisory basis, of the compensation of our named executive officers, as described in the proxy statement under "Executive Compensation." | Say-on-Pay | Board | AGAINST | 1 | |
| Lument Finance Trust, Inc. | June 10, 2026 | Election of Directors: Neil A. Cummins | Director Elections | Board | WITHHOLD | 1 | |
| Lument Finance Trust, Inc. | June 10, 2026 | Election of Directors: Walter C. Keenan | Director Elections | Board | WITHHOLD | 1 | |
| Lument Finance Trust, Inc. | June 10, 2026 | Election of Directors: William A. Houlihan | Director Elections | Board | WITHHOLD | 1 | |
| Luminar Technologies, Inc. | July 3, 2025 | To approve an amendment to the Luminar Technologies, Inc. 2020 Amended and Restated Equity Incentive Plan to increase the authorized share reserve. | Compensation | Board | AGAINST | 1 | |
| Luminar Technologies, Inc. | July 3, 2025 | To elect three Class II directors to hold office until the 2028 annual meeting of stockholders or until their respective successors are elected and qualified: Alec E. Gores | Director Elections | Board | WITHHOLD | 1 | |
| M-tron Industries, Inc. | June 16, 2026 | To approve the Second Amended and Restated M-tron Industries, Inc. 2022 Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| MARR SpA | April 28, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| MBB SE | June 3, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| MBB SE | June 3, 2026 | Reelect Anton Breitkopf to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| MBB SE | June 3, 2026 | Reelect Christof Nesemeier to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| MBB SE | June 3, 2026 | Reelect Gert-Maria Freimuth to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| MBIA Inc. | May 5, 2026 | To approve, on an advisory basis, executive compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| MBRF Global Foods Co. SA | April 24, 2026 | Amend Stock Option Plan | Compensation | Board | AGAINST | 1 | |
| MBRF Global Foods Co. SA | April 24, 2026 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 1 | |
| MBX Biosciences, Inc. | June 4, 2026 | Election of two Class II Directors, each to serve until the Company's 2029 Annual Meeting of Stockholders or until such person's successor is duly elected and qualified, or until their earlier death, resignation or removal: Patrick J. Heron | Director Elections | Board | WITHHOLD | 1 | |
| MFE-MEDIAFOREUROPE NV | June 24, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| MFE-MEDIAFOREUROPE NV | June 24, 2026 | Authorize Repurchase of Shares | Capital Structure | Board | AGAINST | 1 | |
| MGI Tech Co., Ltd. | May 27, 2026 | Approve Company's Estimated External Guarantee Amount | Capital Structure | Board | AGAINST | 1 | |
| MIXUE Group | June 26, 2026 | Approve Grant of General Mandate to the Board to Issue Shares and Sale or Transfer of Treasury Shares | Capital Structure | Board | AGAINST | 1 | |
| MIXUE Group | June 26, 2026 | Approve H Share Award Scheme | Compensation | Board | AGAINST | 1 | |
| MIXUE Group | June 26, 2026 | Authorize Board and Its Authorized Persons to Handle Matters Relating to the H Share Award Scheme | Compensation | Board | AGAINST | 1 | |
| MVB Financial Corp. | May 19, 2026 | To amend the MVB Financial Corp. 2022 Stock Incentive Plan to increase the number of shares authorized for issuance under the Plan. | Compensation | Board | AGAINST | 1 | |
| MainStreet Bancshares, Inc. | May 21, 2026 | vote, on an advisory, non-binding basis, to approve the compensation of the named executive officers; and | Say-on-Pay | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries up to Aggregate Nominal Amount of EUR 8 Million | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities for One or More Specifically Designated Persons up to Aggregate Nominal Amount of EUR 8 Million | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 8 Million | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Approve Remuneration Policy of CEO and New CEO | Compensation | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Approve Remuneration Policy of Chairman of the Board | Compensation | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 14-18 | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 8 Million | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 8 Million | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| Manitou BF SA | June 25, 2026 | Ratify Appointment of Virginie Himsworth as Director | Director Elections | Board | AGAINST | 1 | |
| Mao Geping Cosmetics Co., Ltd. | April 24, 2026 | Approve Grant of General Mandate to the Board to Issue H Shares | Capital Structure | Board | AGAINST | 1 | |
| Maravai Lifesciences Holdings, Inc. | May 26, 2026 | To elect three nominees to the Board of Directors (3-year term expiring in 2029): Bernd Brust | Director Elections | Board | WITHHOLD | 1 | |
| Maravai Lifesciences Holdings, Inc. | May 26, 2026 | To elect three nominees to the Board of Directors (3-year term expiring in 2029): Gregory T. Lucier | Director Elections | Board | WITHHOLD | 1 | |
| Maravai Lifesciences Holdings, Inc. | May 26, 2026 | To elect three nominees to the Board of Directors (3-year term expiring in 2029): Luke Marker | Director Elections | Board | WITHHOLD | 1 | |
| Marex Group plc | May 21, 2026 | Approve Capital Reduction by Cancellation and Extinguishment of the Deferred Shares | Capital Structure | Board | AGAINST | 1 | |
| Marex Group plc | May 21, 2026 | Approve Capital Reduction by Cancellation and Extinguishment of the Scheme Shares | Capital Structure | Board | AGAINST | 1 | |
| Marimekko Oyj | April 16, 2026 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 1 | |
| Marimekko Oyj | 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 | 1 | |
| MarketWise, Inc. | June 4, 2026 | Election of Directors: Matthew Turner | Director Elections | Board | WITHHOLD | 1 | |
| MarketWise, Inc. | June 4, 2026 | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 1 | |
| Marriott Vacations Worldwide Corporation | May 15, 2026 | Approval of the Second Amended and Restated Marriott Vacations Worldwide Corporation 2020 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Matrix Service Company | November 4, 2025 | To approve a proposal to amend the Company's 2020 Stock and Incentive Compensation Plan to increase the number of shares of Common Stock of the Company authorized for issuance thereunder from 3,975,000 to 5,000,000. | Compensation | Board | AGAINST | 1 | |
| Max Financial Services Limited | December 21, 2025 | Elect Pradeep Pant as Director | Director Elections | Board | AGAINST | 1 | |
| Mayville Engineering Company, Inc. | April 21, 2026 | Election of Directors: Terms expiring at the 2029 Annual Meeting: Robert L. McCormick | Director Elections | Board | WITHHOLD | 1 | |
| Maze Therapeutics, Inc. | June 8, 2026 | Election of Class I Directors: Jason Coloma, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| Maze Therapeutics, Inc. | June 8, 2026 | Election of Class I Directors: Neil Kumar, Ph.D. | Director Elections | Board | WITHHOLD | 1 | |
| McDonald's Holdings Co. (Japan) Ltd. | March 25, 2026 | Approve Bonus Related to Retirement Bonus System Abolition | Compensation | Board | AGAINST | 1 | |
| MediWound Ltd. | February 19, 2026 | Increase Number of Ordinary Shares Under Company's Incentive Plan | Compensation | Board | AGAINST | 1 | |
| MeiraGTx Holdings Plc | June 11, 2026 | Election of Directors: Debra Yu, M.D. | Director Elections | Board | WITHHOLD | 1 | |
| Melexis NV | May 12, 2026 | Ratify EY, Represented by Olaf Janssen, as Auditors of the Company and for Sustainability Reporting and Approve Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Melexis NV | May 12, 2026 | Reelect Francoise Chombar as Director | Director Elections | Board | AGAINST | 1 | |
| Melexis NV | May 12, 2026 | Reelect Roland Duchatelet as Director | Director Elections | Board | AGAINST | 1 | |
| Melia Hotels International SA | May 7, 2026 | Reelect Gabriel Escarrer Jaume as Director | Director Elections | Board | AGAINST | 1 | |
| Menora Mivtachim Holdings Ltd. | October 5, 2025 | Reelect Shay Feldman as Director and Approve His Remuneration | Director Elections | Board | AGAINST | 1 | |
| Mercurity Fintech Holding Inc. | September 15, 2025 | Approve Omnibus Stock Plan | Compensation | Board | AGAINST | 1 | |
| Mercurity Fintech Holding Inc. | September 15, 2025 | Elect Director Qian Sun | Director Elections | Board | AGAINST | 1 | |
| Mercurity Fintech Holding Inc. | September 15, 2025 | Elect Director Shi Qiu | Director Elections | Board | AGAINST | 1 | |
| Mercurity Fintech Holding Inc. | September 15, 2025 | Elect Director Wilfred Daye | Director Elections | Board | AGAINST | 1 | |
| MetroCity Bankshares, Inc. | May 21, 2026 | Election of Directors: Francis Lai | Director Elections | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation of David Larramendy, Chairman of the Management Board | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation of Guillaume Charles, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation of Henri de Fontaines, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation of Hortense Thomine-Desmazures, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Compensation of Karine Blouet, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Remuneration Policy of Chairman of the Management Board | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Approve Remuneration Policy of Management Board Members | Compensation | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Elect Clement Schwebig as Supervisory Board Member Following Resignation of Elmar Heggen | Director Elections | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Elect Johanna Nicolas as Supervisory Board Member Following Resignation of Siska Ghesquiere | Director Elections | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Reelect Christophe Goossens as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| Metropole Television SA | April 28, 2026 | Reelect Elisabeth Sandret-Renard as Supervisory Board Member | Director Elections | Board | AGAINST | 1 | |
| Metropolitan Bank Holding Corp. | April 29, 2026 | Election of Directors: Maria Fiorini Ramirez - for a 3-year term | Director Elections | Board | WITHHOLD | 1 | |
| Metsa Board Corp. | March 19, 2026 | Approve Remuneration of Directors in the Amount of EUR 99,000 for Chair, EUR 85,000 for Vice Chair and EUR 67,000 for Other Directors; Approve Meeting Fees; Approve Remuneration for Committee Work | Compensation | Board | AGAINST | 1 | |
| Metsa Board Corp. | March 19, 2026 | Reelect Leena Craelius, Raija-Leena Hankonen-Nybom, Mari Kiviniemi, Jussi Linnaranta, Jukka Moisio, Mikko Makimattila and Jussi Vanhanen as Directors; Elect Elina Bjorklund and Daniel Peltonen as New Directors | Director Elections | Board | ABSTAIN | 1 | |
| Miami International Holdings, Inc. | June 16, 2026 | The election of the 15 director nominees: Talal Jassim Al-Bahar | Director Elections | Board | WITHHOLD | 1 | |
| MidWestOne Financial Group, Inc. | January 26, 2026 | To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the named executive officers of MidWestOne that is based on or otherwise relates to the merger. | Say-on-Pay | Board | AGAINST | 1 | |
| Minda Corporation Limited | March 15, 2026 | Approve Grant of Employee Stock Options to Employees of Group Companies Including Associate Company(ies) Under Minda - Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.