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 |
|---|---|---|---|---|---|---|---|
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Huseen Al Abdulqadir as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Khalid Al Salim as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Mahmoud Al Theeb as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Majid Fattah as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Mohammed Al Hajri as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Mohammed Batraji as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Mohammed Qassab as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Muath Al Zamil as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Musaid Al Anzi as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Raad Al Qahtani as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Rami Al Maddah as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Sami Al Babteen as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Sami Shuweel as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Sulayman Al Mazrouaa as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Thamir Al Wadee as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER & WATER UTILITY CO. FOR JUBAIL & YANBU | April 17, 2025 | Elect Wael Al Bassam as Director | Director Elections | Board | ABSTAIN | 1 | |
| POWER CORPORATION OF CANADA | May 14, 2025 | Elect Director Andre Desmarais | Director Elections | Board | AGAINST | 1 | |
| POWER CORPORATION OF CANADA | May 14, 2025 | Elect Director Paul Desmarais, Jr. | Director Elections | Board | AGAINST | 1 | |
| PREFORMED LINE PRODUCTS CO. | May 13, 2025 | To approve the 2025 Incentive Plan | Compensation | Board | AGAINST | 1 | |
| PRIMO BRANDS CORP. | May 1, 2025 | Election of Directors: Kimberly Reed | Director Elections | Board | WITHHOLD | 1 | |
| PRIMO BRANDS CORP. | May 1, 2025 | Election of Directors: Kurtis Barker | Director Elections | Board | WITHHOLD | 1 | |
| PRIMO BRANDS CORP. | May 1, 2025 | Election of Directors: Tony W. Lee | Director Elections | Board | WITHHOLD | 1 | |
| PROFICIENT AUTO LOGISTICS INC. | May 6, 2025 | Election of Directors: Charles A. Alutto | Director Elections | Board | WITHHOLD | 1 | |
| PROFICIENT AUTO LOGISTICS INC. | May 6, 2025 | Election of Directors: Douglas L. Col | Director Elections | Board | WITHHOLD | 1 | |
| PROFICIENT AUTO LOGISTICS INC. | May 6, 2025 | Election of Directors: James B. Gattoni | Director Elections | Board | WITHHOLD | 1 | |
| PROFICIENT AUTO LOGISTICS INC. | May 6, 2025 | Election of Directors: John F. Schraudenbach | Director Elections | Board | WITHHOLD | 1 | |
| PROS HOLDINGS INC. | May 8, 2025 | Approval of amendments to our Amended and Restated 2017 Equity Incentive Plan to, among other items, increase the number of shares authorized for issuance by three million shares. | Compensation | Board | AGAINST | 1 | |
| PT AMMAN MINERAL INTERNASIONAL TBK | June 16, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT ANEKA TAMBANG TBK | June 12, 2025 | Approve Annual Report, Financial Statements, Statutory Reports, Financial Statement of the Micro and Small Business Funding Program (PUMK) and Discharge of Directors and Commissioners | Capital Structure | Board | AGAINST | 1 | |
| PT BARITO PACIFIC TBK | June 19, 2025 | Reelect Directors and Commissioners | Director Elections | Board | AGAINST | 1 | |
| PT BUKIT ASAM TBK | June 12, 2025 | Approve Changes in the Bukit Asam Pension Fund's (Dana Pensiun Bukit Asam) | Compensation | Board | AGAINST | 1 | |
| PT CHAROEN POKPHAND INDONESIA TBK | May 21, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 1 | |
| PT DAYAMITRA TELEKOMUNIKASI | May 28, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT ELANG MAHKOTA TEKNOLOGI TBK | April 28, 2025 | Approve Management and Employee Stock Ownership Program (MESOP Program) | Compensation | Board | AGAINST | 1 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Amend Articles of Association | Capital Structure | Board | AGAINST | 1 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Approve Cancellation of Capital Increase without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Approve Renewal of Delegation of Authority to Commissioners for Issuance of New Shares Based on the Share Ownership Program | Compensation | Board | AGAINST | 1 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Approve Transfer of Shares Resulting from the Buyback by Implementing the Share Ownership Program | Capital Structure | Board | AGAINST | 1 | |
| PT GUDANG GARAM TBK | June 25, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT INDAH KIAT PULP & PAPER TBK | June 16, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT INDOFOOD CBP SUKSES MAKMUR TBK | June 20, 2025 | Approve Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| PT JASA MARGA (PERSERO) TBK | September 18, 2024 | Approve Corporate Action of Equity Financing in PT Jasamarga Transjawa Tol | Extraordinary Transactions | Board | AGAINST | 1 | |
| PT JASA MARGA (PERSERO) TBK | May 7, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT KALBE FARMA TBK | May 22, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 1 | |
| PT KALBE FARMA TBK | May 22, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT MAYORA INDAH TBK | June 10, 2025 | Authorize Share Repurchase Program | Capital Structure | Board | AGAINST | 1 | |
| PT MERDEKA COPPER GOLD TBK | June 10, 2025 | Approve Amendment to the Transfer of Treasury Shares through the Company's Long-Term Incentive Program | Capital Structure | Board | AGAINST | 1 | |
| PT PERTAMINA GEOTHERMAL ENERGY TBK | June 3, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT PERTAMINA GEOTHERMAL ENERGY TBK | June 3, 2025 | Approve Implementation of MESOP Program and Approval of the Granting of Power to the Board of Commissioners to Increase Fully Paid-Up and Placed Capital in the Context of Implementation of the MESOP Program | Compensation | Board | AGAINST | 1 | |
| PT PERUSAHAAN GAS NEGARA TBK | May 28, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT PETRINDO JAYA KREASI TBK | April 21, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT PETRINDO JAYA KREASI TBK | April 21, 2025 | Approve Pledging of Assets for Debt | Capital Structure | Board | AGAINST | 1 | |
| PT SEMEN INDONESIA (PERSERO) TBK | May 23, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 1 | |
| PT SEMEN INDONESIA (PERSERO) TBK | May 23, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 1 | |
| PT SEMEN INDONESIA (PERSERO) TBK | May 23, 2025 | Authorize Share Repurchase Program | Capital Structure | Board | AGAINST | 1 | |
| PTC THERAPEUTICS INC. | June 17, 2025 | Election of Three Class III Directors: Alethia Young | Director Elections | Board | WITHHOLD | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Abdulazeez Al Hameed as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Abdullah Al Ghamdi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Abdullah Al Haseeni as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Abdullah Al Thaqafi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Abdulrahman Al Anqari as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Ahmed Al Al Sheikh as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Ahmed Al Baqshi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Ali Al Qahtani as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Badr Al Saoud as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Bandar Al Tameemi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Fayiz Al Zaydi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Faysal Al Khamees as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Hathal Al Oteebi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Ibraheem Al Dugheer as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Khalid Al Turki as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Mohammed Al Ayban as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Mohammed Qassab as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Muath Al Zamil as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Musaid Al Anzi as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Omar Abduljabbar as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Raad Al Qahtani as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Raed Mushtaq as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Salih Al Namlah as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Sami Al Babteen as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | December 25, 2024 | Elect Wael Al Bassam as Director | Director Elections | Board | ABSTAIN | 1 | |
| QASSIM CEMENT CO. | April 23, 2025 | Approve Establishing an Employees Stock Incentive program and Authorize Board to Determine the Terms and Allocation Price for Each Share | Compensation | Board | AGAINST | 1 | |
| QASSIM CEMENT CO. | April 23, 2025 | Authorize the Board Use Treasury Shares, Wholly or Partially, in Exchange Transactions for Acquiring Companies or Assets, and Using them within the Employee Stock Program | Capital Structure | Board | AGAINST | 1 | |
| QBE INSURANCE GROUP LTD. | May 9, 2025 | Elect Yasmin Allen as Director | Director Elections | Board | AGAINST | 1 | |
| QINGDAO PORT INTERNATIONAL CO. LTD. | June 27, 2025 | Approve Grant of General Mandate to Issue Domestic and Foreign Debt Financing Instruments | Capital Structure | Board | AGAINST | 1 | |
| QINGDAO PORT INTERNATIONAL CO. LTD. | June 27, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| QUIPT HOME MEDICAL CORP. | March 17, 2025 | Election of Directors: Mark Greenberg | Director Elections | Board | WITHHOLD | 1 | |
| QUZHOU XIN'AN DEVELOPMENT CO. LTD. | March 31, 2025 | Approve Estimated Amount of Guarantees Provided for Subsidiaries | Capital Structure | Board | AGAINST | 1 | |
| QUZHOU XIN'AN DEVELOPMENT CO. LTD. | May 23, 2025 | Approve External Financial Assistance Provision | Capital Structure | Board | AGAINST | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Abdullah Al Feefi as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Ali Al Lafi as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Ali Babeedhan as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Fahd Al Sameeh as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Huseen Al Qahtani as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Ibraheem Al Bouayneen as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Khalid Al Sultan as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Mohammed Al Ameer as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Moutasim Al Maashouq as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Noriaki Takeshita as Director | Director Elections | Board | ABSTAIN | 1 | |
| RABIGH REFINING & PETROCHEMICAL CO. | October 23, 2024 | Elect Othman Al Ghamdi as Director | Director Elections | Board | ABSTAIN | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.