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 |
|---|---|---|---|---|---|---|---|
| Minda Corporation Limited | March 15, 2026 | Approve Grant of Employee Stock Options to Employees of Subsidiary Company(ies) Under Minda - Employee Stock Option Scheme 2025 to | Compensation | Board | AGAINST | 1 | |
| Minda Corporation Limited | March 15, 2026 | Approve Minda - Employee Stock Option Scheme 2025 | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | October 20, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | October 20, 2025 | Approve Employee Share Purchase Plan | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | October 20, 2025 | Approve Implementation Assessment and Management Measures of Stock Option Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | October 20, 2025 | Approve Management Method of Employee Share Purchase Plan | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | October 20, 2025 | Approve Stock Option Incentive Plan and Its Summary | Compensation | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | May 20, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 1 | |
| Ming Yang Smart Energy Group Co., Ltd. | May 20, 2026 | Approve External Guarantee | Capital Structure | Board | AGAINST | 1 | |
| Minmetals Capital Co., Ltd. | December 15, 2025 | Approve Joint Investment with Related Party | Extraordinary Transactions | Board | AGAINST | 1 | |
| Minmetals Capital Co., Ltd. | May 15, 2026 | Approve Use of Funds for Entrusted Financial Management | Extraordinary Transactions | Board | AGAINST | 1 | |
| Minth Group Limited | June 30, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Minth Group Limited | June 30, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Minth Group Limited | June 30, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Mirum Pharmaceuticals, Inc. | June 15, 2026 | To elect the Board's three Class I nominees for director to hold office until the Company's 2029 annual meeting of stockholders and their successors are duly elected and qualified, or until their earlier death, resignation or removal: Lon Cardon, Ph.D., FMedSci | Director Elections | Board | WITHHOLD | 1 | |
| Mirum Pharmaceuticals, Inc. | June 15, 2026 | To elect the Board's three Class III nominees for director to hold office until the Company's 2029 annual meeting of stockholders and their successors are duly elected and qualified, or until their earlier death, resignation or removal: Timothy Walbert | Director Elections | Board | WITHHOLD | 1 | |
| Mitsubishi Gas Chemical Co., Inc. | June 25, 2026 | Elect Director Fujii, Masashi | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Gas Chemical Co., Inc. | June 25, 2026 | Elect Director Isahaya, Yoshinori | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Logistics Corp. | June 26, 2026 | Elect Director Fujikura, Masao | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Logistics Corp. | June 26, 2026 | Elect Director Saito, Hidechika | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Motors Corp. | June 18, 2026 | Elect Director Izumisawa, Seiji | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Motors Corp. | June 18, 2026 | Elect Director Kakiuchi, Takehiko | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Motors Corp. | June 18, 2026 | Elect Director Mike, Kanetsugu | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Motors Corp. | June 18, 2026 | Elect Director Sakamoto, Hideyuki | Director Elections | Board | AGAINST | 1 | |
| Mitsubishi Motors Corp. | June 18, 2026 | Elect Director Tagawa, Joji | Director Elections | Board | AGAINST | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Approval of Amended and Restated Mobile Infrastructure Corporation and Mobile Infra Operating Company, LLC 2023 Incentive Award Plan. | Compensation | Board | AGAINST | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: Damon Jones | Director Elections | Board | WITHHOLD | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: Danica Holley | Director Elections | Board | WITHHOLD | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: David Garfinkle | Director Elections | Board | WITHHOLD | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: Jeffrey B. Osher | Director Elections | Board | WITHHOLD | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: Manuel Chavez, III | Director Elections | Board | WITHHOLD | 1 | |
| Mobile Infrastructure Corporation | June 18, 2026 | Election of Directors: Stephanie Hogue | Director Elections | Board | WITHHOLD | 1 | |
| Monarch Casino & Resort, Inc. | May 27, 2026 | Election of Directors: John Farahi | Director Elections | Board | AGAINST | 1 | |
| Monopar Therapeutics Inc. | June 22, 2026 | Election of Directors: Chandler D. Robinson | Director Elections | Board | WITHHOLD | 1 | |
| Monopar Therapeutics Inc. | June 22, 2026 | Election of Directors: Christopher M. Starr | Director Elections | Board | WITHHOLD | 1 | |
| Monopar Therapeutics Inc. | June 22, 2026 | Election of Directors: Kim R. Tsuchimoto | Director Elections | Board | WITHHOLD | 1 | |
| Monopar Therapeutics Inc. | June 22, 2026 | To approve the 2026 Stock Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Mota-Engil SGPS SA | April 23, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Mugen Estate Co., Ltd. | March 26, 2026 | Appoint Statutory Auditor Hayashi, Aki | Compensation | Board | AGAINST | 1 | |
| Mugen Estate Co., Ltd. | March 26, 2026 | Appoint Statutory Auditor Kawamura, Mayumi | Compensation | Board | AGAINST | 1 | |
| Mugen Estate Co., Ltd. | March 26, 2026 | Elect Director Fujita, Shinichi | Director Elections | Board | AGAINST | 1 | |
| Mugen Estate Co., Ltd. | March 26, 2026 | Elect Director Fujita, Susumu | Director Elections | Board | AGAINST | 1 | |
| MultiChoice Group Ltd. | August 27, 2025 | Approve Remuneration of Non-executive Directors | Compensation | Board | AGAINST | 1 | |
| Mutares SE & Co. KGaA | July 2, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Mutares SE & Co. KGaA | July 2, 2025 | Elect Kristian Schleede to the Shareholders' Committee | Director Elections | Board | AGAINST | 1 | |
| Mutares SE & Co. KGaA | July 2, 2025 | Elect Kristian Schleede to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| Myomo, Inc. | June 25, 2026 | Approve the adoption of Amendment No. 3 to the Myomo 2018 Stock Option and Incentive Plan, which increases the number of shares available under the Amended 2018 Plan by 1,833,000 shares; | Compensation | Board | AGAINST | 1 | |
| NET Power Inc. | June 3, 2026 | Election of Class III Directors: Joseph Kelliher | Director Elections | Board | WITHHOLD | 1 | |
| NGK Corp. | June 29, 2026 | Appoint Statutory Auditor Watanabe, Go | Compensation | Board | AGAINST | 1 | |
| NL Industries, Inc. | May 14, 2026 | Election of Directors: Courtney J. Riley | Director Elections | Board | WITHHOLD | 1 | |
| NL Industries, Inc. | May 14, 2026 | Election of Directors: Loretta J. Feehan | Director Elections | Board | WITHHOLD | 1 | |
| NL Industries, Inc. | May 14, 2026 | Election of Directors: Michael S. Simmons | Director Elections | Board | WITHHOLD | 1 | |
| NL Industries, Inc. | May 14, 2026 | Nonbinding advisory vote approving named executive officer compensation. | Say-on-Pay | Board | AGAINST | 1 | |
| NORBIT ASA | May 20, 2026 | Approve Creation of NOK 639,486.50 Pool of Capital without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| NORBIT ASA | May 20, 2026 | Approve Equity Plan Financing Through Issuance of Shares | Compensation | Board | AGAINST | 1 | |
| NORBIT ASA | May 20, 2026 | Approve Remuneration Statement | Compensation | Board | AGAINST | 1 | |
| NOS SGPS SA | April 22, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| NP3 Fastigheter AB | May 6, 2026 | Approve Issuance of Up To 6.1 Million Oridnary Shares without Preemptive Rights; Approve Issuance of Up To 15 Million Preference Shares without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| NSK Ltd. | June 25, 2026 | Elect Director Hayashi, Nobuhide | Director Elections | Board | AGAINST | 1 | |
| NSK Ltd. | June 25, 2026 | Elect Director Ichii, Akitoshi | Director Elections | Board | AGAINST | 1 | |
| NV BEKAERT SA | May 13, 2026 | Reelect Nicolas D'heygere as Director | Director Elections | Board | AGAINST | 1 | |
| Nagarro SE | June 29, 2026 | Elect Peter Steiner to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| Nanjing King-friend Biochemical Pharmaceutical Co., Ltd. | May 20, 2026 | Approve Use of Own Funds for Cash Management and Entrusted Financial Management | Extraordinary Transactions | Board | AGAINST | 1 | |
| Nanjing Securities Co., Ltd. | November 19, 2025 | Amend Performance Evaluation and Remuneration Management System for Directors, Supervisors and Senior Management Members | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Compensation of Anne-Juliette Hermant, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Compensation of Bartholomeus van Rhijn, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Compensation of Laurent Levy, Chairman of the Management Board | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Compensation of Louis Kayitalire, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Industrial Companies, Institutions or Entities Active in the Health or Biotechnology Sector, up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Qualified Investors Active in the Health or Biotechnology Sector and Financial Institutions, up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries in the Framework of an Equity Line, up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities for One or More Specifically Designated Persons up to 30 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Issuance of up to 1,800,000 Warrants (BSA) Reserved for Specific Beneficiaries | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Remuneration Policy of Anne-Juliette Hermant, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Remuneration Policy of Bartholomeus van Rhijn, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Remuneration Policy of Laurent Levy, Chairman of the Management Board | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Approve Remuneration Policy of Louis Kayitalire, Management Board Member | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 19-21, 23 and 25-26 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Capital Increase of Up to EUR 1,452,302.54 for Future Exchange Offers | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 1,452,302.54 | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize Up to 1,800,000 Shares for Use in Stock Option Plans | Compensation | Board | AGAINST | 1 | |
| Nanobiotix SA | June 9, 2026 | Authorize up to 1,800,000 Shares for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| National Storage REIT | October 22, 2025 | Approve Issuance of FY28 GRIP Performance Rights to Andrew Catsoulis | Compensation | Board | AGAINST | 1 | |
| Natural Grocers by Vitamin Cottage, Inc. | March 4, 2026 | Election of Directors: Zephyr Isely | Director Elections | Board | WITHHOLD | 1 | |
| Nature's Sunshine Products, Inc. | May 6, 2026 | To approve the adoption of the Nature's Sunshine Products, Inc. 2026 Stock Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Navigator Holdings Ltd. | June 15, 2026 | Elect Director Peter Stokes | Director Elections | Board | WITHHOLD | 1 | |
| Navinfo Co., Ltd. | October 15, 2025 | Approve Authorization of the Board to Handle All Related Matters | Extraordinary Transactions | Board | AGAINST | 1 | |
| Navinfo Co., Ltd. | October 15, 2025 | Approve External Investment and Financial Assistance | Extraordinary Transactions | Board | AGAINST | 1 | |
| Navitas Semiconductor Corporation | July 8, 2025 | Election of Directors: Gene Sheridan | Director Elections | Board | WITHHOLD | 1 | |
| Neinor Homes SA | April 7, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Approve Annual Maximum Remuneration | Compensation | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Approve Management Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Elect Fanny Kindler as Director | Director Elections | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Elect Maria Gonzalez Pico as Director | Director Elections | Board | AGAINST | 1 | |
| Neinor Homes SA | April 7, 2026 | Reelect Aref H. Lahham as Director | Director Elections | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.