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Fidelity 2025-2026: where it broke with the board

At least 6,052 proposals in the 2025-2026 proxy season: Fidelity voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 52 shareholder proposals, by its own Form N-PX filings.

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

6,052 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.

Fidelity, 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 recommendedFidelity votedFunds
Amplifon SpA April 23, 2026 Approve Sustainable Value Sharing Plan 2026-2028 Compensation Board AGAINST 2
Angi Inc. June 10, 2026 Approval of the Amended and Restated Angi Inc. 2017 Stock and Annual Incentive Plan. Compensation Board AGAINST 2
Angi Inc. June 10, 2026 Election of Class II Directors: Thomas C. Pickett Jr. Director Elections Board WITHHOLD 2
Antofagasta plc May 7, 2026 Remuneration Policy Compensation Board AGAINST 2
Applied Digital Corporation November 5, 2025 Approve the Company's 2024 Equity Compensation Plan amendment to increase the number of shares of common stock authorized for issuance by 15,000,000 shares. Compensation Board AGAINST 2
Aptevo Therapeutics Inc. July 24, 2025 Election of Directors: John E. Niederhuber, M.D. Director Elections Board WITHHOLD 2
Archer Aviation Inc. June 26, 2026 Approval of the redomestication of the Company from Delaware to Texas by conversion. Extraordinary Transactions Board AGAINST 2
Ardentec Corp. May 28, 2026 Elect a Representative of Chiu Chiang Investment Co., Ltd., with Shareholder No. 53120, as Non-independent Director Director Elections Board AGAINST 2
Aris Mining Corporation May 7, 2026 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 2
Aris Mining Corporation May 7, 2026 Approve Restricted Share Unit Plan Compensation Board AGAINST 2
Aroundtown SA June 24, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Aroundtown SA June 24, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Aroundtown SA June 24, 2026 Renew Appointment of KPMG Audit S.a r.l. as Auditor Audit-related Board AGAINST 2
Artner Co., Ltd. April 23, 2026 Elect Director Sekiguchi, Sozo Director Elections Board AGAINST 2
Arvinas, Inc. June 24, 2026 Election of two Class II directors: Leslie V. Norwalk, Esq. Director Elections Board WITHHOLD 2
Arvind Limited August 8, 2025 Reelect Jayesh Shah as Director Director Elections Board AGAINST 2
Ascentage Pharma Group International Co., Ltd. May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Ascentage Pharma Group International Co., Ltd. May 20, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Ashtead Group Plc September 2, 2025 Approve Remuneration Report Compensation Board AGAINST 2
Ashtead Group Plc September 2, 2025 Elect James Singleton as Director Director Elections Board AGAINST 2
Ashtead Group Plc September 2, 2025 Elect Nando Cesarone as Director Director Elections Board AGAINST 2
Ashtead Group Plc September 2, 2025 Re-elect Angus Cockburn as Director Director Elections Board AGAINST 2
Ashtead Group Plc September 2, 2025 Re-elect Jill Easterbrook as Director Director Elections Board AGAINST 2
Ashtead Group Plc September 2, 2025 Re-elect Renata Ribeiro as Director Director Elections Board AGAINST 2
Ashtead Group Plc September 2, 2025 Re-elect Roy Twite as Director Director Elections Board AGAINST 2
Ashtrom Group Ltd. July 24, 2025 Approve Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 2
Astellas Pharma, Inc. June 19, 2026 Elect Director and Audit Committee Member Takahara, Shigeki Director Elections Board AGAINST 2
Aster DM Healthcare Limited September 4, 2025 Reelect Shamsudheen Bin Mohideen Mammu Haji as Director Director Elections Board AGAINST 2
AstraZeneca plc April 9, 2026 Elect Marcus Wallenberg Director Elections Board AGAINST 2
Asymchem Laboratories (Tianjin) Co., Ltd. August 6, 2025 Elect Hao Hong as Director Director Elections Board AGAINST 2
Asymchem Laboratories (Tianjin) Co., Ltd. August 6, 2025 Elect Yang Rui as Director Director Elections Board AGAINST 2
Asymchem Laboratories (Tianjin) Co., Ltd. August 6, 2025 Elect Ye Song as Director Director Elections Board AGAINST 2
Asymchem Laboratories (Tianjin) Co., Ltd. August 6, 2025 Elect Zhang Da as Director Director Elections Board AGAINST 2
Asymchem Laboratories (Tianjin) Co., Ltd. August 6, 2025 Elect Zhang Ting as Director Director Elections Board AGAINST 2
Atalaya Mining Copper SA June 24, 2026 Reelect Jesus Fernandez Lopez as Director Director Elections Board AGAINST 2
Atlassian Corporation December 2, 2025 Approval of an amendment and restatement to our 2015 Employee Share Purchase Plan. Compensation Board AGAINST 2
Auddia Inc. September 8, 2025 The ratification of the appointment of Haynie & Company as the Company's independent registered public accounting firm for the year ending December 31, 2025. Audit-related Board AGAINST 2
Auddia Inc. September 8, 2025 To approve an amendment to the Company's 2020 Equity Incentive Plan. Compensation Board AGAINST 2
Aura Investments Ltd. October 5, 2025 Approve Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 2
Aura Investments Ltd. October 5, 2025 Approve Updated Employment Terms of Jacob Igal Atrakchi, CEO and Controller Compensation Board AGAINST 2
Aura Investments Ltd. October 5, 2025 Reappoint Lion Orlitzky & Co. as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
Aura Investments Ltd. October 5, 2025 Reelect Nava Shaffer as Director Director Elections Board AGAINST 2
Aurora Innovation, Inc. May 21, 2026 Election of Directors: Michelangelo Volpi Director Elections Board WITHHOLD 2
Austevoll Seafood ASA May 28, 2026 Approve Remuneration Statement Compensation Board AGAINST 2
Auto1 Group SE June 4, 2026 Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion; Approve Creation of EUR 22.1 Million Pool of Capital to Guarantee Conversion Rights Capital Structure Board AGAINST 2
Auto1 Group SE June 4, 2026 Approve Remuneration Report Compensation Board AGAINST 2
AutoStore Holdings Ltd. May 19, 2026 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 2
Autohome Inc. June 23, 2026 Elect Shenglei Zhou as Director Director Elections Board AGAINST 2
Autohome Inc. June 23, 2026 Elect Xing Fang as Director Director Elections Board AGAINST 2
Autoliv, Inc. May 7, 2026 Ratification of Ernst & Young AB as independent registered public accounting firm of the company for the fiscal year ending December 31, 2026. Audit-related Board AGAINST 2
Avalon GloboCare Corp. December 30, 2025 Election of Directors: Lourdes Felix Director Elections Board WITHHOLD 2
Avalon GloboCare Corp. December 30, 2025 Election of Directors: William B. Stilley, III Director Elections Board WITHHOLD 2
Avalon GloboCare Corp. June 9, 2026 Approval of the Avalon GloboCare Corp. 2026 Omnibus Equity Incentive Plan. Compensation Board AGAINST 2
Avalon GloboCare Corp. June 9, 2026 Election of directors to be elected for terms expiring in 2027: Lourdes Felix Director Elections Board WITHHOLD 2
Avantor, Inc. May 7, 2026 Advisory Approval of Named Executive Officer Compensation Say-on-Pay Board (inferred) AGAINST 2
Avidity Biosciences, Inc. February 26, 2026 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to our named executive officers in connection with the transactions contemplated by the Merger Agreement and the Separation Agreement. Say-on-Pay Board AGAINST 2
Axial Retailing, Inc. June 24, 2026 Appoint Statutory Auditor Hoshi, Hiroki Compensation Board AGAINST 2
Axial Retailing, Inc. June 24, 2026 Appoint Statutory Auditor Saito, Yoshihito Compensation Board AGAINST 2
BMTC Group Inc. June 8, 2026 Elect Director Charles Des Groseillers Director Elections Board WITHHOLD 2
BMTC Group Inc. June 8, 2026 Elect Director Lucien Bouchard Director Elections Board WITHHOLD 2
BMTC Group Inc. June 8, 2026 Elect Director Marie-Berthe Des Groseillers Director Elections Board WITHHOLD 2
BMTC Group Inc. June 8, 2026 Elect Director Yves Des Groseillers Director Elections Board WITHHOLD 2
BOC Hong Kong (Holdings) Limited June 25, 2026 Elect Lee Sunny Wai Kwong as Director Director Elections Board AGAINST 2
BOC Hong Kong (Holdings) Limited June 25, 2026 Elect Liao Cheung Kong Martin as Director Director Elections Board AGAINST 2
BRC Inc. May 28, 2026 Election of Class I Directors: Chris Mondzelewski Director Elections Board AGAINST 2
BW LPG Ltd. May 28, 2026 Reelect Andreas Sohmen-Pao as Board Chair Director Elections Board AGAINST 2
BW LPG Ltd. May 28, 2026 Reelect Andreas Sohmen-Pao as Director Director Elections Board AGAINST 2
Banca IFIS SpA April 16, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Banca IFIS SpA April 16, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 2
Banco do Brasil SA April 29, 2026 Authorize Alienation of Treasury Shares (BBAS3) to Certain Bank's Subsidiaries for the Purpose of Enabling Those Subsidiaries to Pay the Equity Portion of the Annual Variable Compensation of Their Administrators Compensation Board ABSTAIN 2
Banco do Brasil SA April 29, 2026 Authorize Alienation of Treasury Shares (BBAS3) to Enable the Granting of Employee Incentives under Incentive Programs Regulated by the Bank Compensation Board ABSTAIN 2
Baticim Bati Anadolu Cimento Sanayii AS June 3, 2026 Appoint Auditor for Sustainability Reporting for 2024 and 2025 Audit-related Board AGAINST 2
Baticim Bati Anadolu Cimento Sanayii AS June 3, 2026 Approve Director Remuneration Compensation Board AGAINST 2
Baticim Bati Anadolu Cimento Sanayii AS June 3, 2026 Elect Directors Director Elections Board AGAINST 2
Benefit Systems SA July 21, 2025 Elect Supervisory Board Member Director Elections Board AGAINST 2
Benefit Systems SA July 21, 2025 Recall Supervisory Board Member Director Elections Board AGAINST 2
Bet Shemesh Engines Holdings (1997) Ltd. July 3, 2025 Reappoint KPMG Somekh Chaikin as Auditors Audit-related Board AGAINST 2
Bezeq The Israeli Telecommunication Corp. Ltd. April 13, 2026 Reelect Orit Alster Ben Zvi as Director Director Elections Board AGAINST 2
Bezeq The Israeli Telecommunication Corp. Ltd. April 13, 2026 Reelect Tomer Raved as Director Director Elections Board AGAINST 2
Biogen Inc. June 9, 2026 Say on Pay - To hold an advisory vote on executive compensation. Say-on-Pay Board (inferred) AGAINST 2
BlackLine, Inc. May 7, 2026 Approval, on a non-binding, advisory basis, of the 2025 compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 2
Blue Square Real Estate Ltd. June 18, 2026 Reappoint Ziv Haft (BDO) as Auditors and Report on Fees Paid to the Auditors Audit-related Board AGAINST 2
Borouge Plc April 7, 2026 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 2
Borouge Plc June 26, 2026 Approve Board's Recommendation Regarding the Appointment of KPMG as Company's Auditors effective from the Second Quarter of the Current Financial Year 2026 Audit-related Board AGAINST 2
Borr Drilling Limited May 20, 2026 Elect Director Mi Hong Yoon Director Elections Board AGAINST 2
Borr Drilling Limited May 20, 2026 Elect Director Patrick Schorn Director Elections Board AGAINST 2
Borr Drilling Limited May 20, 2026 Elect Director Thiago Mordehachvili Director Elections Board AGAINST 2
Borr Drilling Limited May 20, 2026 Elect Director Tor Olav Troim Director Elections Board AGAINST 2
Bosideng International Holdings Limited August 20, 2025 Elect Dong Binggen as Director Director Elections Board AGAINST 2
Boston Scientific Corporation April 30, 2026 To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the 2026 fiscal year. Audit-related Board AGAINST 2
Boubyan Petrochemical Co. KSC June 14, 2026 Elect Tariq Al Wazzan as an Independent Director Director Elections Board ABSTAIN 2
Brag House Holdings, Inc. April 7, 2026 Amend Omnibus Stock Plan Compensation Board AGAINST 2
Brag House Holdings, Inc. April 7, 2026 Approve Merger Agreement Extraordinary Transactions Board AGAINST 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Doug Wall Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Duncan Moir Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Michael Galloro Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Sarosh Mistry Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Stephen Ilott Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Elect Director Timothy Stebbing Director Elections Board WITHHOLD 2
Brag House Holdings, Inc. April 7, 2026 Increase Authorized Common Stock Capital Structure Board AGAINST 2

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