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 |
|---|---|---|---|---|---|---|---|
| TREASURY WINE ESTATES LTD. | October 17, 2024 | Elect John Mullen as Director | Director Elections | Board | AGAINST | 2 | |
| TRIP.COM GROUP LTD. | June 30, 2025 | Elect Rong Luo as Director | Director Elections | Board | AGAINST | 2 | |
| TRYG A/S | March 26, 2025 | Reelect Jukka Pertola as Member of Board | Director Elections | Board | ABSTAIN | 2 | |
| TS TECH CO. LTD. | June 20, 2025 | Elect Director Yasuda, Masanari | Director Elections | Board | AGAINST | 2 | |
| TSURUHA HOLDINGS INC. | May 26, 2025 | Approve Share Exchange Agreement with Welcia Holdings Co., Ltd | Extraordinary Transactions | Board | AGAINST | 2 | |
| TSURUHA HOLDINGS INC. | May 26, 2025 | Elect Director Kirisawa, Hideaki | Director Elections | Board | AGAINST | 2 | |
| TSURUHA HOLDINGS INC. | May 26, 2025 | Elect Director and Audit Committee Member Nakayama, Yasuo | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Barbara A. Tyson | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Cheryl S. Miller | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: David J. Bronczek | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Jeffrey K. Schomburger | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: John H. Tyson | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Kate B. Quinn | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Les R. Baledge | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Maria Claudia Borras | Director Elections | Board | AGAINST | 2 | |
| TYSON FOODS INC. | February 6, 2025 | Election of Directors: Mike Beebe | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect CHU, SHAO-HUA, with SHAREHOLDER NO.B100874XXX as Independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect DOUGLAS JEFFERSON HSU, a Representative of ASIA CEMENT CORP., with SHAREHOLDER NO.0000001 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect HSU, SHU-PING, with SHAREHOLDER NO.0000015 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect LEE, KUAN-CHUN, a Representative of YUAN DING INVESTMENT CORP., with SHAREHOLDER NO.0000483, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect LEE, KUN-YEN, a Representative of ASIA CEMENT CORP., with SHAREHOLDER NO.0000001 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect LIU, CHORNG-JIAN, with SHAREHOLDER NO.G120576XXX as Independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect TUNG, LI-CHEN, a Representative of FAR EASTERN CONSTRUCTION CO., LTD., with SHAREHOLDER NO.0040965, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| U-MING MARINE TRANSPORT CORP. | May 27, 2025 | Elect WU, LING-LING, a Representative of ASIA CEMENT CORP., with SHAREHOLDER NO.0000001, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| UBE CORP. | June 26, 2025 | Elect Director Izumihara, Masato | Director Elections | Board | AGAINST | 2 | |
| UBE CORP. | June 26, 2025 | Elect Director Nishida, Yuki | Director Elections | Board | AGAINST | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Fabio Venturelli as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Flavia Buarque de Almeida as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Francisco de Sa Neto as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Jorge Marques de Toledo Camargo as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Jose Mauricio Pereira Coelho as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Marcelo Faria de Lima as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Marcos Marinho Lutz as Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Peter Paul Lorenco Estermann as Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRAPAR PARTICIPACOES SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Vania Maria Lima Neves as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| ULTRATECH CEMENT LTD. | August 14, 2024 | Elect Anita Ramachandran as Director | Director Elections | Board | AGAINST | 2 | |
| ULTRATECH CEMENT LTD. | August 14, 2024 | Reelect Kumar Mangalam Birla as Director | Director Elections | Board | AGAINST | 2 | |
| UNICHARM CORP. | March 19, 2025 | Approve Donation of Treasury Shares to Shinagawa Joshi Gakuin School | Capital Structure | Board | AGAINST | 2 | |
| UNIPOL ASSICURAZIONI SPA | April 29, 2025 | Approve Compensation Plan | Compensation | Board | AGAINST | 2 | |
| UNIPOL ASSICURAZIONI SPA | April 29, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| UNIPOL ASSICURAZIONI SPA | April 29, 2025 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 2 | |
| UNIPOL ASSICURAZIONI SPA | April 29, 2025 | Authorize Share Repurchase Program and Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| UNITED BREWERIES LTD. | September 12, 2024 | Elect Radovan Sikorsky as Director | Director Elections | Board | AGAINST | 2 | |
| UNITED ENERGY GROUP LTD. | June 3, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| UNITED ENERGY GROUP LTD. | June 3, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| UNO MINDA LTD. | May 9, 2025 | Approve Grant of Stock Options to the Employees of Group Company(ies) Subsidiary Company(ies) or Associate(s) and Joint Ventures(s) of the company Under Uno Minda Employee Stock Option Scheme 2025 or Employee Stock Option Scheme 2025 UNO MINDA ESOS-2025 | Compensation | Board | AGAINST | 2 | |
| UNO MINDA LTD. | May 9, 2025 | Approve Uno Minda Employee Stock Option Scheme 2025 or Employee Stock Option Scheme 2025 UNO MINDA ESOS-2025 | Compensation | Board | AGAINST | 2 | |
| USHIO INC. | June 27, 2025 | Elect Director Asahi, Takabumi | Director Elections | Board | AGAINST | 2 | |
| USINAS SIDERURGICAS DE MINAS GERAIS SA-USIMINAS | April 25, 2025 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 2 | |
| VALMET CORP. | March 26, 2025 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 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 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Percentage of Votes to Be Assigned - Elect Antonio da Silva Barreto Junior as Director | Director Elections | Board | ABSTAIN | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Percentage of Votes to Be Assigned - Elect Denys Marc Ferrez as Director | Director Elections | Board | ABSTAIN | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Percentage of Votes to Be Assigned - Elect Fernando Antonio Simoes as Director | Director Elections | Board | ABSTAIN | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Percentage of Votes to Be Assigned - Elect Maria Fernanda dos Santos Teixeira as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| VAMOS LOCACAO DE CAMINHOES, MAQUINAS E EQUIPAMENTOS SA | April 28, 2025 | Percentage of Votes to Be Assigned - Elect Renato Horta Franklin as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| VEDANT FASHIONS LTD. | March 9, 2025 | Approve Increase in the Limits to Provide Loans, Give Guarantees, Provide Securities and Make Investments covered under Section 186 of the Companies Act, 2013 | Capital Structure | Board | AGAINST | 2 | |
| VICTORY CAPITAL HOLDINGS INC. | October 11, 2024 | To amend Victory Capital's Second Amended and Restated Certificate of Incorporation to increase its authorized number of shares of preferred stock, par value $0.01 per share, to 100,000,000 (the "authorized preferred share increase proposal"). | Capital Structure | Board | AGAINST | 2 | |
| VICTORY CAPITAL HOLDINGS INC. | May 7, 2025 | Election of Class I Directors: Karin Hirtler-Garvey | Director Elections | Board | AGAINST | 2 | |
| VICTORY CAPITAL HOLDINGS INC. | May 7, 2025 | Election of Class I Directors: Lawrence Davanzo | Director Elections | Board | AGAINST | 2 | |
| VIPER ENERGY INC. | May 20, 2025 | The approval, on an advisory basis, of the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 2 | |
| VITASOY INTERNATIONAL HOLDINGS LTD. | August 19, 2024 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| VITASOY INTERNATIONAL HOLDINGS LTD. | August 19, 2024 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation Report | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Arnaud de Puyfontaine, Chairman of the Management Board | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Celine Merle-Beral, Management Board Member | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Claire Leost, Management Board Member | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Francois Laroze, Management Board Member | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Frederic Crepin, Management Board Member | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Maxime Saada, Management Board Member | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Compensation of Yannick Bollore, Chairman of the Supervisory Board | Compensation | Board | AGAINST | 2 | |
| VIVENDI SE | April 28, 2025 | Approve Remuneration Policy of Chairman of the Management Board | Compensation | Board | AGAINST | 2 | |
| VODAFONE IDEA LTD. | October 10, 2024 | Approve Extension of Vodafone Idea Limited Employee Stock Option and Performance Stock Unit Scheme 2024 to Employees of Subsidiary Companies of the Company | Compensation | Board | AGAINST | 2 | |
| VODAFONE IDEA LTD. | October 10, 2024 | Approve Vodafone Idea Limited Employee Stock Option and Performance Stock Unit Scheme 2024 | Compensation | Board | AGAINST | 2 | |
| VOLTAS LTD. | July 10, 2024 | Approve Revision in Terms of Remuneration to Pradeep Kumar Bakshi as Managing Director and CEO | Compensation | Board | AGAINST | 2 | |
| VOLVO AB | April 2, 2025 | Elect Par Boman as Board Chair | Director Elections | Board | AGAINST | 2 | |
| VOLVO AB | April 2, 2025 | Reelect Helena Stjernholm as Director | Director Elections | Board | AGAINST | 2 | |
| VOLVO AB | April 2, 2025 | Reelect Par Boman as Director | Director Elections | Board | AGAINST | 2 | |
| VORNADO REALTY TRUST | May 22, 2025 | NON-BINDING, ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| VTECH HOLDINGS LTD. | July 24, 2024 | Elect Ko Ping Keung as Director | Director Elections | Board | AGAINST | 2 | |
| W.W. GRAINGER INC. | April 30, 2025 | To elect 12 Director nominees named in the proxy statement for the ensuing year: Beatriz R. Perez | Director Elections | Board | AGAINST | 2 | |
| WALSIN TECHNOLOGY CORP. | June 17, 2025 | Elect CHIAO YU-CHENG, a Representative of WALSIN LIHWA CORPORATION. with Shareholder No. 74, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| WALSIN TECHNOLOGY CORP. | June 17, 2025 | Elect FAN PO-KANG, with Shareholder No. A100849XXX, as Independent Director | Director Elections | Board | AGAINST | 2 | |
| WALSIN TECHNOLOGY CORP. | June 17, 2025 | Elect KU LI-CHIN, a Representative of OLIVER CO., LTD. with Shareholder No. 356032, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| WALSIN TECHNOLOGY CORP. | June 17, 2025 | Elect YEH PEI-CHEN, with Shareholder No. K120776XXX, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| WANDA FILM HOLDING CO. LTD. | May 28, 2025 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| WANGSU SCIENCE & TECHNOLOGY CO. LTD. | December 9, 2024 | Approve to Adjust the Use of Idle Own Funds for Investment in Financial Products and Extending the Investment Period | Extraordinary Transactions | Board | AGAINST | 2 | |
| WANGSU SCIENCE & TECHNOLOGY CO. LTD. | April 14, 2025 | Approve Use of Idle Own Funds for Investment in Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| WANGSU SCIENCE & TECHNOLOGY CO. LTD. | May 7, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| WANGSU SCIENCE & TECHNOLOGY CO. LTD. | May 7, 2025 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| WANGSU SCIENCE & TECHNOLOGY CO. LTD. | May 7, 2025 | Approve Performance Shares Incentive Plan Implementation Assessment Management Measures | Compensation | Board | AGAINST | 2 | |
| WANT WANT CHINA HOLDINGS LTD. | August 27, 2024 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| WANT WANT CHINA HOLDINGS LTD. | August 27, 2024 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| WEG SA | April 29, 2025 | Elect Fiscal Council Members | Compensation | Board | ABSTAIN | 2 | |
| WEMADE CO. LTD. | March 28, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 2 | |
| WEN'S FOODSTUFF GROUP CO. LTD. | December 10, 2024 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| WEN'S FOODSTUFF GROUP CO. LTD. | May 14, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| WENDEL SE | May 15, 2025 | Reelect Benedicte Coste as Supervisory Board Member | Director Elections | Board | AGAINST | 2 |
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Built November 8, 2026 from SEC Form N-PX filings.