Home › Asset managers › Franklin Templeton › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Franklin Templeton 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
6,065 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 | Franklin Templeton voted | Funds |
|---|---|---|---|---|---|---|---|
| LUXSHARE PRECISION INDUSTRY CO. LTD. | May 13, 2025 | Approve Draft and Summary on Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| LUXSHARE PRECISION INDUSTRY CO. LTD. | May 13, 2025 | Approve Formulation of the Stock Option Incentive Plan Implementation Assessment Management Measures | Compensation | Board | AGAINST | 2 | |
| LUYE PHARMA GROUP LTD. | May 28, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| LUYE PHARMA GROUP LTD. | May 28, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Approve Long-Term Incentive Plan | Compensation | Board | AGAINST | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Francisco Claudio Saraiva Leao Dias Branco as Director and Francisco Ivens de Sa Dias Branco Junior as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Guilherme Affonso Ferreira as Independent Director and Fabio Cefaly de Campos Machado as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Luiza Andrea Farias Nogueira as Director and Gustavo Lopes Theodozio as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Maria Consuelo Saraiva Leao Dias Branco as Director and Maria Regina Saraiva Leao Dias Branco as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Maria das Gracas Saraiva Leao Dias Branco as Director and Francisco Marcos Saraiva Leao Dias Branco as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Pedro Pullen Parente as Independent Director and Daniel Mota Gutierrez as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Ricardo Luiz de Souza Ramos as Independent Director and Luciane Nunes de Carvalho Sallas as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| M. DIAS BRANCO SA INDUSTRIA E COMERCIO DE ALIMENTOS | March 28, 2025 | Percentage of Votes to Be Assigned - Elect Romulo Ruberti Calmon Dantas as Director and Sidney Leite dos Santos as Alternate | Director Elections | Board | ABSTAIN | 2 | |
| MACROTECH DEVELOPERS LTD. | August 23, 2024 | Elect Shaishav Dharia as Director and Approve Appointment and Remuneration of Shaishav Dharia as Whole-Time Director | Director Elections | Board | AGAINST | 2 | |
| MACROTECH DEVELOPERS LTD. | February 27, 2025 | Elect Sushil Kumar Modi as Director and Approve Appointment and Remuneration of Sushil Kumar Modi as Whole-Time Director | Director Elections | Board | AGAINST | 2 | |
| MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. | July 23, 2024 | Elect Vijay Kumar Sharma as Director | Director Elections | Board | AGAINST | 2 | |
| MAKEMYTRIP LTD. | September 12, 2024 | Reelect Director Moshe Rafiah | Director Elections | Board | AGAINST | 2 | |
| MAKEMYTRIP LTD. | September 12, 2024 | Reelect Director Savinilorna Payandi Pillay Ramen | Director Elections | Board | AGAINST | 2 | |
| MANGALORE REFINERY & PETROCHEMICALS LTD. | August 22, 2024 | Elect Nandakumar Velayudhan Pillai as Director | Director Elections | Board | AGAINST | 2 | |
| MANGALORE REFINERY & PETROCHEMICALS LTD. | August 22, 2024 | Elect Pankaj Kumar as Director | Director Elections | Board | AGAINST | 2 | |
| MANGALORE REFINERY & PETROCHEMICALS LTD. | August 22, 2024 | Elect Rajinder Kumar as Director | Director Elections | Board | AGAINST | 2 | |
| MANGALORE REFINERY & PETROCHEMICALS LTD. | August 22, 2024 | Reelect S. Bharathan as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Artemio V. Panganiban as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect James L. Go as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Jose Ma. K. Lim as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect June Cheryl A. Cabal-Revilla as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Lance Y. Gokongwei as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Patrick Henry C. Go as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Ray C. Espinosa as Director | Director Elections | Board | AGAINST | 2 | |
| MANILA ELECTRIC CO. | May 27, 2025 | Elect Victorico P. Vargas as Director | Director Elections | Board | AGAINST | 2 | |
| MANKIND PHARMA LTD. | August 9, 2024 | Reelect Satish Kumar as Director | Director Elections | Board | AGAINST | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Alain Emile Henri Martinet as Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Antonio dos Santos Maciel Neto as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Herculano Anibal Alves as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Marcia Aparecida Pascoal Marcal dos Santos as Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Marcos Antonio Molina dos Santos as Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Roberto Silva Waack as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| MARFRIG GLOBAL FOODS SA | March 31, 2025 | Percentage of Votes to Be Assigned - Elect Rodrigo Marcal Filho as Director | Director Elections | Board | ABSTAIN | 2 | |
| MARSH & MCLENNAN COMPANIES INC. | May 15, 2025 | Election of Directors: Morton O. Schapiro | Director Elections | Board | AGAINST | 2 | |
| MARUI GROUP CO. LTD. | June 25, 2025 | Approve Donation of Treasury Shares to Social Intrapreneur Development Foundation | Capital Structure | Board | AGAINST | 2 | |
| MATSUI SECURITIES CO. LTD. | June 29, 2025 | Approve Deep Discount Stock Option Plan | Compensation | Board | AGAINST | 2 | |
| MAZAGON DOCK SHIPBUILDERS LTD. | September 26, 2024 | Elect Amit Sajita as Director | Director Elections | Board | AGAINST | 2 | |
| MAZAGON DOCK SHIPBUILDERS LTD. | September 26, 2024 | Reelect Biju George as Director | Director Elections | Board | AGAINST | 2 | |
| MAZDA MOTOR CORP. | June 25, 2025 | Elect Director and Audit Committee Member Kitamura, Akira | Director Elections | Board | AGAINST | 2 | |
| MCDONALD'S HOLDINGS CO. (JAPAN) LTD. | March 25, 2025 | Approve Director Retirement Bonus | Compensation | Board | AGAINST | 2 | |
| MEDIPAL HOLDINGS CORP. | June 25, 2025 | Appoint Statutory Auditor Mitsuka, Masayuki | Compensation | Board | AGAINST | 2 | |
| MEDPACE HOLDINGS INC. | May 16, 2025 | Election of Directors: August J. Troendle | Director Elections | Board | WITHHOLD | 2 | |
| MEGACABLE HOLDINGS SAB DE CV | April 24, 2025 | Classification of Principal and Alternate Board Members' Independence | Director Elections | Board | AGAINST | 2 | |
| MEGACABLE HOLDINGS SAB DE CV | April 24, 2025 | Elect or Ratify Directors, Secretary and their Respective Alternates | Director Elections | Board | AGAINST | 2 | |
| MEINIAN ONEHEALTH HEALTHCARE HOLDINGS CO. LTD. | September 19, 2024 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| MEINIAN ONEHEALTH HEALTHCARE HOLDINGS CO. LTD. | December 30, 2024 | Approve Adjustment of Performance Evaluation Indicators of Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| MEINIAN ONEHEALTH HEALTHCARE HOLDINGS CO. LTD. | December 30, 2024 | Approve Adjustment of Performance Evaluation Indicators of Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| METALLURGICAL CORPORATION OF CHINA LTD. | June 30, 2025 | Approve Plan of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| METRO BRANDS LTD. | September 19, 2024 | Approve Appointment and Remuneration of Alisha Rafique Malik as Whole-time Director | Compensation | Board | AGAINST | 2 | |
| METRO BRANDS LTD. | September 19, 2024 | Reelect Utpal Hemendra Sheth as Director | Director Elections | Board | AGAINST | 2 | |
| MGM CHINA HOLDINGS LTD. | May 22, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| MGM CHINA HOLDINGS LTD. | May 22, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| MICROPORT SCIENTIFIC CORP. | May 30, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| MICROPORT SCIENTIFIC CORP. | May 30, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| MICROSTRATEGY INC. | January 21, 2025 | To approve and adopt an amendment to Article Four of the MicroStrategy Incorporated Second Restated Certificate of Incorporation to increase the number of authorized shares of class A common stock, par value $0.001 per share, from 330,000,000 shares to 10,330,000,000 shares ("Proposal 1"). | Capital Structure | Board | AGAINST | 2 | |
| MICROSTRATEGY INC. | January 21, 2025 | To approve and adopt an amendment to the MicroStrategy Incorporated 2023 Equity Incentive Plan to provide for automatic equity award grants to new directors upon their appointment to the Board of Directors ("Proposal 3"). | Compensation | Board | AGAINST | 2 | |
| MIDEA GROUP CO. LTD. | May 30, 2025 | Adopt (H Share) Share Award Scheme | Compensation | Board | AGAINST | 2 | |
| MIDEA GROUP CO. LTD. | May 30, 2025 | Approve General Mandate to Issue Shares of the Company | Capital Structure | Board | AGAINST | 2 | |
| MIDEA GROUP CO. LTD. | May 30, 2025 | Approve PricewaterhouseCoopers Zhong Tian LLP (Special General Partnership) and PricewaterhouseCoopers as Domestic and Overseas Auditors, Respectively, and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| MINISO GROUP HOLDING LTD. | June 12, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| MINISO GROUP HOLDING LTD. | June 12, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| MINMETALS CAPITAL CO. LTD. | May 16, 2025 | Approve Remuneration of Directors and Supervisors | Compensation | Board | AGAINST | 2 | |
| MINMETALS CAPITAL CO. LTD. | May 16, 2025 | Approve Use of Funds for Entrusted Financial Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| MINTH GROUP LTD. | May 30, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| MINTH GROUP LTD. | May 30, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| MIRVAC GROUP | November 15, 2024 | Elect Damien Frawley as Director | Director Elections | Board | AGAINST | 2 | |
| MIRVAC GROUP | November 15, 2024 | Elect Jane Hewitt as Director | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI LOGISTICS CORP. | June 27, 2025 | Elect Director Fujikura, Masao | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI LOGISTICS CORP. | June 27, 2025 | Elect Director Saito, Hidechika | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Kakiuchi, Takehiko | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Kato, Takao | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Mike, Kanetsugu | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Miyanaga, Shunichi | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Sakamoto, Hideyuki | Director Elections | Board | AGAINST | 2 | |
| MITSUBISHI MOTORS CORP. | June 19, 2025 | Elect Director Tagawa, Joji | Director Elections | Board | AGAINST | 2 | |
| MMG LTD. | May 22, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| MMG LTD. | May 22, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| MODERNA INC. | April 30, 2025 | To approve, on a non-binding, advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 2 | |
| MOLINA HEALTHCARE INC. | April 30, 2025 | To consider and approve, on a non-binding, advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 2 | |
| MONDE NISSIN CORP. | June 27, 2025 | Elect Hartono Kweefanus as Director | Director Elections | Board | ABSTAIN | 2 | |
| MONDE NISSIN CORP. | June 27, 2025 | Elect Kataline Darmono as Director | Director Elections | Board | ABSTAIN | 2 | |
| MONDELEZ INTERNATIONAL INC. | May 21, 2025 | To elect as directors the 10 director nominees named in the Proxy Statement: Nancy McKinstry | Director Elections | Board | AGAINST | 2 | |
| MONEY FORWARD INC. | February 25, 2025 | Elect Director Tsuji, Yosuke | Director Elections | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Authorization of the Board to Handle All Matters Related to the Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Authorization of the Board to Handle All Matters Related to the Performance Share Incentive Plan and Core Executive Incentive Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Draft and Summary of Core Executive Incentive Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Draft and Summary of Performance Share Incentive Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve Management Measures for the Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| MONTAGE TECHNOLOGY CO. LTD. | September 19, 2024 | Approve the Implementation Assessment and Management Measures for the Performance Share Incentive Plan | Compensation | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.