Home › Asset managers › Franklin Templeton › 2024-2025 › Against the board
At least 6,065 proposals in the 2024-2025 proxy season: Franklin Templeton voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 65 shareholder proposals, by its own Form N-PX filings.
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 |
|---|---|---|---|---|---|---|---|
| SERES GROUP CO. LTD. | October 28, 2024 | Approve Transaction Plan | Extraordinary Transactions | Board | AGAINST | 2 | |
| SERES GROUP CO. LTD. | October 28, 2024 | Approve Transaction Price of Target Assets | Extraordinary Transactions | Board | AGAINST | 2 | |
| SERES GROUP CO. LTD. | October 28, 2024 | Approve Type and Par Value of Share Issuance | Extraordinary Transactions | Board | AGAINST | 2 | |
| SERES GROUP CO. LTD. | April 22, 2025 | Approve Guarantee Amount | Capital Structure | Board | AGAINST | 2 | |
| SG MICRO CORP. | May 23, 2025 | Approve Use of Idle Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| SHAANXI ENERGY INVESTMENT CO. LTD. | May 9, 2025 | Approve Application of Bank Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| SHAANXI ENERGY INVESTMENT CO. LTD. | May 9, 2025 | Approve Financial Assistance Provision | Capital Structure | Board | AGAINST | 2 | |
| SHAANXI ENERGY INVESTMENT CO. LTD. | May 9, 2025 | Approve Financing and Internal Credit Granting Plan | Capital Structure | Board | AGAINST | 2 | |
| SHANDONG GOLD MINING CO. LTD. | July 29, 2024 | Approve Registration of Multiple Types of Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| SHANDONG GOLD MINING CO. LTD. | June 11, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for H Shares | Capital Structure | Board | AGAINST | 2 | |
| SHANDONG LINGLONG TYRE CO. LTD. | May 15, 2025 | Approve Credit Line Application and Guarantee Matters | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 12, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 12, 2025 | Approve Draft and Summary of Stock Option Plan and Performance Share Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 12, 2025 | Approve Implementation of Assessment Management Methods for Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 20, 2025 | Approve Authorization of Relevant Personnel to Handle Capital-Related Business | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 20, 2025 | Approve External Guarantee | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 20, 2025 | Approve Formulation of Remuneration Plan of Directors | Compensation | Board | AGAINST | 2 | |
| SHANGHAI AIKO SOLAR ENERGY CO. LTD. | May 20, 2025 | Approve Formulation of Remuneration Plan of Supervisors | Compensation | Board | AGAINST | 2 | |
| SHANGHAI BAIRUN INVESTMENT HOLDING GROUP CO. LTD. | September 6, 2024 | Elect Pan Yu as Director | Director Elections | Board | AGAINST | 2 | |
| SHANGHAI ELECTRIC GROUP COMPANY LTD. | May 30, 2025 | Approve Provision of Guarantee by Shanghai Electric New Energy Development Co., Ltd. for Gaotai Shanghai Electric New Energy Development Co., Ltd | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI ELECTRIC GROUP COMPANY LTD. | May 30, 2025 | Approve Provision of Guarantee by Shanghai Electric Power Transmission and Distribution Engineering Co., Ltd. for Shanghai Electric Power Transmission and Distribution Engineering (Malaysia) Co., Ltd. | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI ELECTRIC GROUP COMPANY LTD. | May 30, 2025 | Approve Provision of Guarantee by Shanghai Institute of Mechanical & Electrical Engineering Co., Ltd. for Shanghai Ouhai Energy Technology Co., Ltd. | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI ELECTRIC GROUP COMPANY LTD. | May 30, 2025 | Approve Provision of Guarantee by Shenzhen Yinghe Technology Co., Ltd. for Huizhou Yinghe Technology Co., Ltd. | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI ELECTRIC POWER CO. LTD. | April 23, 2025 | Approve Application for Unified Registration and Issuance of Multiple Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI FOSUN PHARMACEUTICAL (GROUP) CO. LTD. | June 24, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI FUDAN MICROELECTRONICS GROUP COMPANY LTD. | June 18, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI INDUSTRIAL HOLDINGS LTD. | May 27, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI INDUSTRIAL HOLDINGS LTD. | May 27, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI INTERNATIONAL AIRPORT CO. LTD. | August 20, 2024 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHANGHAI INTERNATIONAL AIRPORT CO. LTD. | August 20, 2024 | Approve Formulation of the Implementation Assessment Measures and Implementation Management Measures (Revised Draft) | Compensation | Board | AGAINST | 2 | |
| SHANGHAI INTERNATIONAL AIRPORT CO. LTD. | August 20, 2024 | Approve Revised Draft and Summary of Performance Share Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO. LTD. | September 20, 2024 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO. LTD. | September 20, 2024 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO. LTD. | September 20, 2024 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| SHANGHAI JIN JIANG INTERNATIONAL HOTELS CO. LTD. | June 25, 2025 | Approve Receipt of Financial Services | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI LINGANG HOLDINGS CORP. LTD. | June 30, 2025 | Approve Financing Application | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI PHARMACEUTICALS HOLDING CO. LTD. | June 26, 2025 | Approve External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI PHARMACEUTICALS HOLDING CO. LTD. | June 26, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | January 6, 2025 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | January 6, 2025 | Elect Huang Yong as Director | Director Elections | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | April 10, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | April 10, 2025 | Approve Draft and Summary of Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | April 10, 2025 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO. LTD. | May 16, 2025 | Amend Management System for Company's Shareholdings by Directors, Senior Management and Their Changes | Compensation | Board | AGAINST | 2 | |
| SHANGHAI STONEHILL TECHNOLOGY CO. LTD. | June 24, 2025 | Approve Use of Funds to Purchase Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| SHANGHAI TUNNEL ENGINEERING CO. LTD. | June 27, 2025 | Elect Zhang Guixu as Director | Director Elections | Board | AGAINST | 2 | |
| SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO. LTD. | May 27, 2025 | Approve External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI YUYUAN TOURIST MART GROUP CO. LTD. | March 10, 2025 | Approve Authorization of the Board to Handle All Matters Related to Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI YUYUAN TOURIST MART GROUP CO. LTD. | March 10, 2025 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHANGHAI YUYUAN TOURIST MART GROUP CO. LTD. | March 10, 2025 | Approve Performance Shares Incentive Plan Implementation Assessment Management Measures | Compensation | Board | AGAINST | 2 | |
| SHANGHAI ZHENHUA HEAVY INDUSTRIES CO. LTD. | May 28, 2025 | Approve Application of Comprehensive Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| SHANGHAI ZHENHUA HEAVY INDUSTRIES CO. LTD. | May 28, 2025 | Approve External Guarantee Plan | Capital Structure | Board | AGAINST | 2 | |
| SHANGRI-LA ASIA LTD. | June 12, 2025 | Adopt New 2025 Share Scheme and Scheme Mandate Limit | Compensation | Board | AGAINST | 2 | |
| SHANGRI-LA ASIA LTD. | June 12, 2025 | Adopt Service Provider Sublimit | Compensation | Board | AGAINST | 2 | |
| SHANGRI-LA ASIA LTD. | June 12, 2025 | Amend 2012 Share Award Scheme | Compensation | Board | AGAINST | 2 | |
| SHANGRI-LA ASIA LTD. | June 12, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SHANGRI-LA ASIA LTD. | June 12, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| SHANXI MEIJIN ENERGY CO. LTD. | March 10, 2025 | Approve Provision of Guarantee Amount | Capital Structure | Board | AGAINST | 2 | |
| SHARP CORP. | June 27, 2025 | Elect Director Okitsu, Masahiro | Director Elections | Board | AGAINST | 2 | |
| SHENGHE RESOURCES HOLDING CO. LTD. | May 13, 2025 | Approve Remuneration of Directors and Supervisors | Compensation | Board | AGAINST | 2 | |
| SHENWAN HONGYUAN GROUP CO. LTD. | October 22, 2024 | Elect Wu Changqi as Director | Director Elections | Board | AGAINST | 2 | |
| SHENZHEN INOVANCE TECHNOLOGY CO. LTD. | September 23, 2024 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHENZHEN INOVANCE TECHNOLOGY CO. LTD. | September 23, 2024 | Approve Draft and Summary of Equity Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHENZHEN INOVANCE TECHNOLOGY CO. LTD. | September 23, 2024 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| SHENZHEN INTERNATIONAL HOLDINGS LTD. | May 9, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN INTERNATIONAL HOLDINGS LTD. | May 9, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN KANGTAI BIOLOGICAL PRODUCTS CO. LTD. | January 22, 2025 | Elect Hu Keping as Director | Director Elections | Board | AGAINST | 2 | |
| SHENZHEN KANGTAI BIOLOGICAL PRODUCTS CO. LTD. | January 22, 2025 | Elect Liu Jiankai Director | Director Elections | Board | AGAINST | 2 | |
| SHENZHEN KANGTAI BIOLOGICAL PRODUCTS CO. LTD. | March 26, 2025 | Approve Downward Adjustment of Conversion Price | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN MTC CO. LTD. | May 7, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN MTC CO. LTD. | May 7, 2025 | Approve Use of Idle Own Funds to Invest in Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| SHENZHEN OVERSEAS CHINESE TOWN CO. LTD. | April 25, 2025 | Approve Financing Credit Line | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN OVERSEAS CHINESE TOWN CO. LTD. | April 25, 2025 | Elect Da Yunping as Supervisor | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SED INDUSTRY CO. LTD. | May 16, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Authorization of the Board to Handle All Related Matters Regarding Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Draft and Summary of Equity Incentive Plan | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| SHENZHEN SUNWAY COMMUNICATION CO. LTD. | September 10, 2024 | Approve Methods to Assess the Performance of Plan Participants Regarding Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| SHENZHEN ZHONGJIN LINGNAN NONFEMET CO. LTD. | May 8, 2025 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| SHIKOKU ELECTRIC POWER CO. INC. | June 26, 2025 | Elect Director and Audit Committee Member Kagawa, Ryohei | Director Elections | Board | AGAINST | 2 | |
| SHIKOKU ELECTRIC POWER CO. INC. | June 26, 2025 | Elect Director and Audit Committee Member Otsuka, Iwao | Director Elections | Board | AGAINST | 2 | |
| SHIMIZU CORP. | June 27, 2025 | Elect Director Inoue, Kazuyuki | Director Elections | Board | AGAINST | 2 | |
| SHIMIZU CORP. | June 27, 2025 | Elect Director Shimmura, Tatsuya | Director Elections | Board | AGAINST | 2 | |
| SHIP HEALTHCARE HOLDINGS INC. | June 27, 2025 | Appoint Statutory Auditor Minami, Koichi | Compensation | Board | AGAINST | 2 | |
| SHIP HEALTHCARE HOLDINGS INC. | June 27, 2025 | Appoint Statutory Auditor Mizushima, Toichiro | Compensation | Board | AGAINST | 2 | |
| SHIZUOKA FINANCIAL GROUP INC. | June 20, 2025 | Elect Director Nakanishi, Katsunori | Director Elections | Board | AGAINST | 2 | |
| SHIZUOKA FINANCIAL GROUP INC. | June 20, 2025 | Elect Director Shibata, Hisashi | Director Elections | Board | AGAINST | 2 | |
| SHOUGANG FUSHAN RESOURCES GROUP LTD. | June 30, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SHOUGANG FUSHAN RESOURCES GROUP LTD. | June 30, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| SICHUAN CHUANTOU ENERGY CO. LTD. | May 20, 2025 | Approve Report on the Financing Work of the Company's Headquarters | Capital Structure | Board | AGAINST | 2 | |
| SICHUAN HEBANG BIOTECHNOLOGY CO. LTD. | May 26, 2025 | Approve the Company's External Guarantee Authorization | Capital Structure | Board | AGAINST | 2 | |
| SICHUAN KELUN-BIOTECH BIOPHARMACEUTICAL CO. LTD. | June 20, 2025 | Approve Acquisition of Wealth Management Products with Idle Self-Owned Funds | Extraordinary Transactions | Board | AGAINST | 2 | |
| SICHUAN KELUN-BIOTECH BIOPHARMACEUTICAL CO. LTD. | June 20, 2025 | Approve Grant of General Mandate to the Board to Issue Shares and Sell Treasury Shares | Capital Structure | Board | AGAINST | 2 | |
| SICHUAN KELUN-BIOTECH BIOPHARMACEUTICAL CO. LTD. | June 20, 2025 | Elect Liu Sichuan as Director | Director Elections | Board | AGAINST | 2 | |
| SICHUAN KELUN-BIOTECH BIOPHARMACEUTICAL CO. LTD. | June 20, 2025 | Elect Tu Wenwei as Director | Director Elections | Board | AGAINST | 2 | |
| SIME DARBY BERHAD | November 14, 2024 | Elect Mohamad Idros Mosin as Director | Director Elections | Board | AGAINST | 2 | |
| SINO BIOPHARMACEUTICAL LTD. | June 10, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| SINO BIOPHARMACEUTICAL LTD. | June 10, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.