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DWS 2025-2026: where it broke with 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.

DWS, 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 recommendedDWS votedFunds
NerdWallet, Inc. May 21, 2026 To elect four members to our Board of Directors, each to serve until the annual meeting of stockholders in 2027 and until a successor has been duly elected and qualified, or until such director's earlier resignation, retirement or other termination of service: Tim Chen Director Elections Board WITHHOLD 1
Nerdy Inc. April 30, 2026 Election of Class II Directors: Christopher (Woody) Marshall Director Elections Board WITHHOLD 1
Nerdy Inc. April 30, 2026 Election of Class II Directors: Rob Hutter Director Elections Board WITHHOLD 1
NetEase Cloud Music Inc. June 23, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
NetEase Cloud Music Inc. June 23, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
NetEase Cloud Music Inc. June 23, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Netcompany Group A/S March 5, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 1
Netweb Technologies India Ltd. March 20, 2026 Approve Reappointment and Remuneration of Niraj Lodha as Whole Time Director Compensation Board AGAINST 1
Netweb Technologies India Ltd. March 20, 2026 Approve Reappointment and Remuneration of Vivek Lodha as Whole Time Director Compensation Board AGAINST 1
Neurogene Inc. June 3, 2026 Election of Class III Directors for terms expiring in 2029: Robert Baffi, Ph.D. Director Elections Board WITHHOLD 1
Neuronetics, Inc. May 28, 2026 Approval of the Neuronetics, Inc. 2026 Equity Incentive Plan. Compensation Board AGAINST 1
New World Development Company Limited November 20, 2025 Approve Grant Mandate to the Directors to Grant Options under the Share Option Scheme Compensation Board AGAINST 1
New World Development Company Limited November 20, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
New World Development Company Limited November 20, 2025 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
New World Development Company Limited November 20, 2025 Elect Cheng Chi-Ming, Brian as Director Director Elections Board AGAINST 1
NewPrinces SpA April 27, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
NewPrinces SpA April 27, 2026 Authorize Share Repurchase Program and Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Kyle S. Lutnick Director Elections Board WITHHOLD 1
Newmark Group, Inc. December 30, 2025 Election of Directors: Stephen M. Merkel Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: Christopher N. Cox Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: Christopher Ruddy Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: David Gandler Director Elections Board WITHHOLD 1
Newsmax Inc. May 18, 2026 Election of Directors: Nancy G. Brinker Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino Director Elections Board WITHHOLD 1
NexPoint Diversified Real Estate Trust June 2, 2026 To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh Director Elections Board WITHHOLD 1
Nexi SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Next Vision Stabilized Systems Ltd. November 5, 2025 Approve Grant of Non-Tradable Options to Michael Grosman, CEO Compensation Board AGAINST 1
NextDecade Corporation June 3, 2026 To approve and amendment to the Company's 2017 Omnibus Incentive Plan, as amended, to increase the maximum number of shares available under such plan; Compensation Board AGAINST 1
Nextdoor Holdings, Inc. June 9, 2026 Election of Class II Director: David Sze Director Elections Board WITHHOLD 1
Nexxen International Ltd. January 6, 2026 Approve Compensation Package of Ofer Druker, CEO Compensation Board AGAINST 1
Niagen Bioscience, Inc. June 24, 2026 Election of Directors: Hamed Shahbazi Director Elections Board WITHHOLD 1
Niagen Bioscience, Inc. June 24, 2026 Election of Directors: Steven Rubin Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Harvey T. Ang as Director Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Jose Isidro N. Camacho as Director Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Leonides Juan Mariano C. Virata as Director Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Maria Patricia Z. Riingen as Director Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Naoki Kawai as Director Director Elections Board WITHHOLD 1
Nickel Asia Corporation June 5, 2026 Elect Shiro Imai as Director Director Elections Board WITHHOLD 1
Nikon Corp. June 26, 2026 Elect Director Omura, Yasuhiro Director Elections Board AGAINST 1
Nikon Corp. June 26, 2026 Elect Director Tokunari, Muneaki Director Elections Board AGAINST 1
Ningbo Joyson Electronic Corp. December 24, 2025 Approve Provision of Guarantees Among Subsidiaries Capital Structure Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Adopt H Share Award Scheme Compensation Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Approve Estimated Guarantee Limits Capital Structure Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Approve General Mandate to Issue H Shares Capital Structure Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Approve Issuance of Ultra-short-term Financing Bills, Short-term Financing Bills and Medium-term Notes Capital Structure Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Authorize Board to Handle the Relevant Matters of the H Share Award Scheme Compensation Board AGAINST 1
Ningbo Joyson Electronic Corp. May 12, 2026 Authorize the Board to Handle, at Its Full Discretion, Applications by the Company and Its Subsidiaries for Comprehensive Credit Facilities from Relevant Financial Institutions Capital Structure Board AGAINST 1
Ningbo Orient Wires & Cable Co., Ltd. April 21, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
Ningbo Shanshan Co., Ltd. May 20, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
NioCorp Developments Ltd. April 6, 2026 Approve Amendment and Restatement of the NioCorp Developments Ltd. Long Term Incentive Plan BE IT RESOLVED AS AN ORDINARY RESOLUTION THAT: 1. The Amended and Restated NioCorp Developments Ltd. Long Term Incentive Plan, substantially as described in and appended as Schedule B to the Company's Management Information and Proxy Circular in respect of the annual general meeting of shareholders of the Company held on April 6, 2026 (the "Meeting"), is hereby authorized and approved to be effective from the date of the Meeting. 2. Any one director or officer of the Company be and is hereby authorized and directed to do all such acts and things and to execute and deliver all such documents, instruments and assurances as in the opinion of such director or officer may be necessary or desirable to give effect to the foregoing resolutions. Compensation Board AGAINST 1
NioCorp Developments Ltd. April 6, 2026 Election of Directors: Dean C. Kehler Director Elections Board WITHHOLD 1
NioCorp Developments Ltd. April 6, 2026 Election of Directors: Michael G. Maselli Director Elections Board WITHHOLD 1
NioCorp Developments Ltd. April 6, 2026 Election of Directors: Nilsa Guerrero-Mahon Director Elections Board WITHHOLD 1
Nippon Shokubai Co., Ltd. June 19, 2026 Elect Director Noda, Kazuhiro Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Appoint Statutory Auditor Kitamura, Shigeru Compensation Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Director Fukuda, Hiroyuki Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Director Komoda, Masanobu Director Elections Board AGAINST 1
Nippon Television Holdings, Inc. June 26, 2026 Elect Director Sugiyama, Yoshikuni Director Elections Board AGAINST 1
Niterra Co., Ltd. June 26, 2026 Elect Director and Audit Committee Member Uchiyama, Hideyo Director Elections Board AGAINST 1
Nkarta, Inc. June 10, 2026 Election of two directors to serve until the company's 2029 annual meeting of stockholders and until their respective successors are duly elected and qualified: Ali Behbahani, M.D., M.B.A. Director Elections Board WITHHOLD 1
Nokian Renkaat Oyj March 25, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 1
Nordic American Tankers Limited November 21, 2025 Elect Director Alexander Hansson Director Elections Board AGAINST 1
Nordic American Tankers Limited November 21, 2025 Elect Director Herbjorn Hansson Director Elections Board AGAINST 1
Nordic American Tankers Limited November 21, 2025 Elect Director Jenny Chu Director Elections Board AGAINST 1
Nordic American Tankers Limited November 21, 2025 Elect Director Jim Kelly Director Elections Board AGAINST 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: Carrie L. Boer Director Elections Board WITHHOLD 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: David S. Hooker Director Elections Board WITHHOLD 1
Northpointe Bancshares, Inc. May 13, 2026 Election of Directors: Robert W. DeVlieger II Director Elections Board WITHHOLD 1
Nu Skin Enterprises, Inc. May 28, 2026 Approval of our Amended and Restated 2024 Omnibus Incentive Plan Compensation Board AGAINST 1
NuScale Power Corporation May 29, 2026 Election of Directors: Kimberly O. Warnica Director Elections Board WITHHOLD 1
NuScale Power Corporation May 29, 2026 Election of Directors: Stuart Harshaw Director Elections Board WITHHOLD 1
Nurix Therapeutics, Inc. May 15, 2026 Election of Class III Directors: Arthur T. Sands, M.D., Ph.D. Director Elections Board WITHHOLD 1
Nurix Therapeutics, Inc. May 15, 2026 Election of Class III Directors: Paul M. Silva Director Elections Board WITHHOLD 1
Nuvalent, Inc. June 16, 2026 Election of the following nominees as Class II directors: Michael L. Meyers, M.D., Ph.D. Director Elections Board WITHHOLD 1
Nuvation Bio Inc. May 21, 2026 Election of Directors: Robert Bazemore Director Elections Board WITHHOLD 1
Nuvation Bio Inc. May 21, 2026 Election of Directors: Robert Mashal, M.D. Director Elections Board WITHHOLD 1
Nuvectis Pharma, Inc. June 11, 2026 Election of Director: Ron Bentsur Director Elections Board AGAINST 1
Nyfosa AB May 5, 2026 Reelect David Mindus as Board Chair Director Elections Board AGAINST 1
OCI NV January 22, 2026 Approve the Combination Extraordinary Transactions Board AGAINST 1
OCI NV June 2, 2026 Elect Nassef Sawiris as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect David Welch as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect Michael Bennett as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect Nadia Sawiris as Non-Executive Director Director Elections Board AGAINST 1
OPAL Fuels Inc. June 17, 2026 Election of Directors: Betsy L. Battle Director Elections Board WITHHOLD 1
OPAL Fuels Inc. June 17, 2026 Election of Directors: Mark Comora, Chairman Director Elections Board WITHHOLD 1
OPAL Fuels Inc. June 17, 2026 Election of Directors: Nadeem Nisar Director Elections Board WITHHOLD 1
OPC Energy Ltd. December 25, 2025 Elect Itay Makov as Director Director Elections Board AGAINST 1
OPC Energy Ltd. December 25, 2025 Reappoint KPMG Somekh Chaikin as Auditors Audit-related Board AGAINST 1
OPC Energy Ltd. June 25, 2026 Elect Ruth Ralbag as External Director and Approve Her Remuneration Director Elections Board AGAINST 1
OPKO Health, Inc. June 18, 2026 To approve the Company's 2026 Equity Incentive Plan; Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Approve Compensation of Laurent Favre, CEO Until November 6, 2025 Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Approve Remuneration Policy of Chairman of the Board Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Authorize up to 0.5 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Reelect Cecile Moutet as Director Director Elections Board AGAINST 1
ORIC Pharmaceuticals, Inc. June 18, 2026 To approve the ORIC Pharmaceuticals, Inc. 2020 Equity Incentive Plan, as amended and restated. Compensation Board AGAINST 1
OSI Systems, Inc. December 11, 2025 Election of Directors: James B. Hawkins Director Elections Board AGAINST 1

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Built November 8, 2026 from SEC Form N-PX filings.