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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
PT Trimegah Bangun Persada Tbk June 30, 2026 Approve Share Repurchase Program Capital Structure Board AGAINST 1
PT Unilever Indonesia Tbk February 13, 2026 Approve Delegation of Authority to the Board of Commissioners to Approve Changes to Pension Fund Regulation Compensation Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Approve PTT's 5-Year Fund Raising Plan (for 2026-2030) Capital Structure Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Elect Danucha Pichayanan as Director Director Elections Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Elect Kulit Sombatsiri as Director Director Elections Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Elect Piya Raksakul as Director Director Elections Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Elect Teeralak Sangsnit as Director Director Elections Board AGAINST 1
PTT Public Co., Ltd. April 10, 2026 Elect Veerapat Kiatfuengfoo as Director Director Elections Board AGAINST 1
PUMA SE May 19, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Pacific Biosciences of California, Inc. June 3, 2026 To approve the amendment of our 2020 Equity Incentive Plan. Compensation Board AGAINST 1
Pacific Biosciences of California, Inc. June 3, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Pacific Premier Bancorp, Inc. July 21, 2025 Approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to the named executive officers of Pacific Premier in connection with the transactions contemplated by the merger agreement. Say-on-Pay Board AGAINST 1
PagerDuty, Inc. June 18, 2026 To elect four Class I directors for terms expiring at our 2029 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Jennifer Tejada Director Elections Board WITHHOLD 1
Palfinger AG April 8, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Palfinger AG April 8, 2026 Elect Gerhard Rauch as Supervisory Board Member Director Elections Board AGAINST 1
Palfinger AG April 8, 2026 Elect Hannes Palfinger as Supervisory Board Member Director Elections Board AGAINST 1
Palfinger AG April 8, 2026 Elect Sita Monica Mazumder as Supervisory Board Member Director Elections Board AGAINST 1
Palladyne AI Corp. June 8, 2026 To approve restricted stock unit awards to our senior executives. Compensation Board AGAINST 1
Palladyne AI Corp. June 8, 2026 To approve the Palladyne AI Corp. 2021 Equity Incentive Plan, as amended and restated, to increase the number of shares authorized for issuance thereunder. Compensation Board AGAINST 1
Palladyne AI Corp. June 8, 2026 To elect one Class II director to hold office until our 2029 annual meeting of stockholders and his successor is elected and qualified: Dennis Weibling Director Elections Board WITHHOLD 1
Palvella Therapeutics, Inc. June 10, 2026 Approval of an amendment to the 2024 Equity Incentive Plan to increase the authorized shares issuable under the 2024 Plan by 750,000 shares. Compensation Board AGAINST 1
Pandox AB April 15, 2026 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 1
Pandox AB April 15, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Pandox AB April 15, 2026 Reelect Bengt Kjell as Director Director Elections Board AGAINST 1
Pandox AB April 15, 2026 Reelect Christian Ringnes as Board Chair Director Elections Board AGAINST 1
Pandox AB April 15, 2026 Reelect Christian Ringnes as Director Director Elections Board AGAINST 1
Pandox AB April 15, 2026 Reelect Jakob Iqbal as Director Director Elections Board AGAINST 1
Pandox AB April 15, 2026 Reelect Jon Rasmus Aurdal as Director Director Elections Board AGAINST 1
Par Pacific Holdings, Inc. April 30, 2026 To approve the Par Pacific Holdings, Inc. 2026 Long-Term Incentive Plan. Compensation Board AGAINST 1
Paradeep Phosphates Ltd. June 24, 2026 Reelect Rita Menon as Director Director Elections Board AGAINST 1
Park National Corporation April 27, 2026 Approval of the Park National Corporation 2026 Long-Term Incentive Plan for Employees. Compensation Board AGAINST 1
Parque Arauco SA April 15, 2026 Elect Directors Director Elections Board AGAINST 1
Parsons Corporation April 14, 2026 Election of Directors: Letitia A. Long Director Elections Board WITHHOLD 1
Patria Investments Limited September 10, 2025 Elect Daniel Rizardi Sorrentino as Director Director Elections Board AGAINST 1
Patriot National Bancorp, Inc. May 20, 2026 ELECTION OF DIRECTORS: Edward N. Constantino Director Elections Board WITHHOLD 1
Peakstone Realty Trust April 29, 2026 To approve, on a nonbinding, advisory basis, the compensation that may be paid or become payable to the named executive officers of the Company that is based on or otherwise relates to the Company Merger and the Partnership Merger (as defined in the accompanying proxy statement); and Say-on-Pay Board AGAINST 1
PearlAbyss Corp. March 27, 2026 Elect Lee Seon-hui as Outside Director Director Elections Board AGAINST 1
Peker Gayrimenkul Yatirim Ortakligi AS December 1, 2025 Approve Director Remuneration Compensation Board AGAINST 1
Perella Weinberg Partners May 27, 2026 To elect three Class directors to our Board of Directors: Robert K. Steel Director Elections Board WITHHOLD 1
Personalis, Inc. May 12, 2026 Election of Directors: Woodrow A. Myers, Jr., M.D. Director Elections Board WITHHOLD 1
Perspective Therapeutics, Inc. May 27, 2026 Election of Directors: Heidi Henson Director Elections Board WITHHOLD 1
Perspective Therapeutics, Inc. May 27, 2026 Election of Directors: Robert Froman Williamson, III Director Elections Board WITHHOLD 1
Petco Health and Wellness Company, Inc. July 24, 2025 Election of Class II Directors: Christopher J. Stadler Director Elections Board WITHHOLD 1
Petco Health and Wellness Company, Inc. July 24, 2025 Election of Class II Directors: David Lubek Director Elections Board WITHHOLD 1
Petco Health and Wellness Company, Inc. June 30, 2026 To approve the Second Amendment to the Company's 2021 Equity Incentive Plan to increase the number of shares of Class A Common Stock authorized for issuance under the plan. Compensation Board AGAINST 1
Petco Health and Wellness Company, Inc. June 30, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Petco Health and Wellness Company, Inc. June 30, 2026 To elect the four director nominees named in the proxy statement as Class III directors of the Company, each to serve for a three-year term and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, removal, retirement or disqualification: Joel Anderson Director Elections Board AGAINST 1
Peugeot Invest SA May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 10 Million Capital Structure Board AGAINST 1
Peugeot Invest SA May 20, 2026 Approve Remuneration Policy of Jean-Charles Douin, CEO Compensation Board AGAINST 1
Peugeot Invest SA May 20, 2026 Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above Under Items 22-24 Capital Structure Board AGAINST 1
Peugeot Invest SA May 20, 2026 Authorize Capital Increase of Up to EUR 10 Million for Future Exchange Offers Capital Structure Board AGAINST 1
Peugeot Invest SA May 20, 2026 Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind Capital Structure Board AGAINST 1
Peugeot Invest SA May 20, 2026 Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 10 Million Capital Structure Board AGAINST 1
Peugeot Invest SA May 20, 2026 Authorize up to 3 Percent of Issued Capital for Use in Restricted Stock Plans With Performance Conditions Attached Compensation Board AGAINST 1
Pfeiffer Vacuum Technology AG July 2, 2025 Approve Remuneration Report Compensation Board AGAINST 1
Pfeiffer Vacuum Technology AG July 2, 2025 Elect Ayla Busch to the Supervisory Board Director Elections Board AGAINST 1
Pfeiffer Vacuum Technology AG July 2, 2025 Elect Goetz Timmerbeil to the Supervisory Board Director Elections Board AGAINST 1
Phancy Group Co., Ltd. June 16, 2026 Approve Grant of General Mandate to Issue Shares and Sell and/or Transfer Treasury Shares Capital Structure Board AGAINST 1
Phancy Group Co., Ltd. June 16, 2026 Approve Rongcheng (Hong Kong) CPA Limited as Auditor and Authorize Audit Committee to Fix Their Remuneration Audit-related Board AGAINST 1
Pharma Mar SA June 29, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Pharma Mar SA June 29, 2026 Reelect Jose Maria Fernandez Sousa-Faro as Director Director Elections Board AGAINST 1
Pharma Mar SA June 29, 2026 Reelect Pedro Fernandez Puentes as Director Director Elections Board AGAINST 1
Pharma Mar SA June 29, 2026 Reelect Sandra Ortega Mera as Director Director Elections Board AGAINST 1
PharmaResearch Co., Ltd. March 27, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 1
Pharmanutra SpA April 27, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Pharmanutra SpA April 27, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
Pharmanutra SpA April 27, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Phathom Pharmaceuticals, Inc. May 19, 2026 To elect three class I directors to hold office until the 2029 Annual Meeting of Stockholders: Steven Basta Director Elections Board WITHHOLD 1
Phibro Animal Health Corporation November 4, 2025 Election of Class III Directors: Jack C. Bendheim Director Elections Board WITHHOLD 1
Phoenix Education Partners, Inc. February 12, 2026 Election of Directors: Itai Wallach Director Elections Board AGAINST 1
Phoenix Education Partners, Inc. February 12, 2026 Election of Directors: Johannes Worsoe Director Elections Board AGAINST 1
Phoenix Education Partners, Inc. February 12, 2026 Election of Directors: Peter Cohen Director Elections Board AGAINST 1
Piaggio & C SpA April 15, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Piaggio & C SpA April 15, 2026 Authorize Share Repurchase Program and Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Piedmont Realty Trust, Inc. May 12, 2026 Approve our Third Amended and Restated Omnibus Incentive Plan. Compensation Board AGAINST 1
Pierre & Vacances SA February 12, 2026 Amend Article 7 of Bylaws Re: Rights and Obligations attached to ADP 2022 Capital Structure Board AGAINST 1
Pierre & Vacances SA February 12, 2026 Approve Compensation of Franck Gervais, CEO Compensation Board AGAINST 1
Pierre & Vacances SA February 12, 2026 Approve Remuneration Policy of Corporate Officers Compensation Board AGAINST 1
Pilgrim's Pride Corporation April 29, 2026 A stockholder proposal to provide a political spending disclosure. Other Social Issues Shareholder Against FOR 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Andre Nogueira de Souza Director Elections Board WITHHOLD 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Gilberto Tomazoni Director Elections Board WITHHOLD 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Joanita Karoleski Director Elections Board WITHHOLD 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Joesley Mendonca Batista Director Elections Board WITHHOLD 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Wesley Mendonca Batista Director Elections Board WITHHOLD 1
Pilgrim's Pride Corporation April 29, 2026 Election of Directors: JBS Directors: Wesley Mendonca Batista Filho Director Elections Board WITHHOLD 1
Ping An Healthcare and Technology Company Limited April 23, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Ping An Healthcare and Technology Company Limited April 23, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Ping An Healthcare and Technology Company Limited April 23, 2026 Elect Yunwei Tang as Director Director Elections Board AGAINST 1
Pioneer Bancorp, Inc. May 19, 2026 Election of Directors: Dr. James K. Reed Director Elections Board WITHHOLD 1
Pioneer Bancorp, Inc. May 19, 2026 Election of Directors: Edward Reinfurt Director Elections Board WITHHOLD 1
Planet Labs PBC July 10, 2025 To re-elect the following individuals to serve on the board of directors of Planet Labs PBC as Class I directors, until the 2028 annual meeting of stockholders and until their respective successors shall have been duly elected and qualified: William Marshall Director Elections Board WITHHOLD 1
Planisware SA June 17, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 1
Planisware SA June 17, 2026 Reelect Yves Humblot as Director Director Elections Board AGAINST 1
Playtika Holding Corp. June 11, 2026 Election of Six Directors: Bing Yuan Director Elections Board WITHHOLD 1
Playtika Holding Corp. June 11, 2026 Election of Six Directors: Marc Beilinson Director Elections Board WITHHOLD 1
Plymouth Industrial REIT, Inc. January 22, 2026 To approve, by a non-binding, advisory vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the transactions contemplated by the Merger Agreement; and Say-on-Pay Board AGAINST 1
Poly Property Group Co., Limited June 17, 2026 Approve BDO Limited as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Poly Property Group Co., Limited June 17, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Poly Property Group Co., Limited June 17, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Poly Property Services Co., Ltd. May 29, 2026 Approve BDO Limited and BDO China Shu Lun Pan Certified Public Accountants LLP as Overseas Auditor and Domestic Auditor, Respectively, and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1

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