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Franklin Templeton 2024-2025: where it broke with 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.

Franklin Templeton, 2024-2025 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 recommendedFranklin Templeton votedFunds
TSINGHUA TONGFANG CO. LTD. May 23, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 1
TTM TECHNOLOGIES INC. May 8, 2025 To elect Wajid Ali, Thomas T. Edman and Chantel E. Lenard as class I directors: Chantel E. Lenard Director Elections Board AGAINST 1
TURKCELL ILETISIM HIZMETLERI AS May 15, 2025 Approve Director Remuneration Compensation Board AGAINST 1
TURKCELL ILETISIM HIZMETLERI AS May 15, 2025 Ratify Director Appointments and Elect Directors Director Elections Board AGAINST 1
TURKIYE PETROL RAFINERILERI AS March 27, 2025 Approve Director Remuneration Compensation Board AGAINST 1
TURKIYE PETROL RAFINERILERI AS March 27, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 1
TURKIYE PETROL RAFINERILERI AS March 27, 2025 Elect Directors Director Elections Board AGAINST 1
TWFG INC. May 28, 2025 Elect each of the six director nominees for a one-year term: Jonathan Anderson Director Elections Board WITHHOLD 1
TWFG INC. May 28, 2025 Elect each of the six director nominees for a one-year term: Michael Doak Director Elections Board WITHHOLD 1
TWFG INC. May 28, 2025 Elect each of the six director nominees for a one-year term: Michelle Caroline Bunch Director Elections Board WITHHOLD 1
TWFG INC. May 28, 2025 Elect each of the six director nominees for a one-year term: Richard F. ("Gordy") Bunch III Director Elections Board WITHHOLD 1
TWIST BIOSCIENCE CORP. February 5, 2025 Election of Class I Directors: Robert Ragusa Director Elections Board WITHHOLD 1
UFP INDUSTRIES INC. April 23, 2025 Election of Directors: Joan A. Budden Director Elections Board AGAINST 1
UNITED NATURAL FOODS INC. December 17, 2024 To approve the Fourth Amended and Restated 2020 Equity Incentive Plan. Compensation Board AGAINST 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To approve the conversion of the Company to a Nevada corporation. Extraordinary Transactions Board AGAINST 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To elect 11 directors for the coming year: Frederick P. Calderone Director Elections Board WITHHOLD 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To elect 11 directors for the coming year: H. E. "Scott" Wolfe Director Elections Board WITHHOLD 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To elect 11 directors for the coming year: Matthew J. Moroun Director Elections Board WITHHOLD 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To elect 11 directors for the coming year: Matthew T. Moroun Director Elections Board WITHHOLD 1
UNIVERSAL LOGISTICS HOLDINGS INC. April 23, 2025 To elect 11 directors for the coming year: Tim Phillips Director Elections Board WITHHOLD 1
UNIVERSAL ROBINA CORP. May 15, 2025 Elect James L. Go as Director Director Elections Board AGAINST 1
UOL GROUP LTD. April 28, 2025 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 1
UOL GROUP LTD. April 28, 2025 Elect Wee Ee Lim as Director Director Elections Board AGAINST 1
USANA HEALTH SCIENCES INC. May 19, 2025 Approval of the USANA Health Sciences, Inc. 2025 Equity Incentive Plan. Compensation Board AGAINST 1
VALE SA April 30, 2025 Elect Anelise Quintao Lara as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Daniel Andre Stieler as Board Chair Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Daniel Andre Stieler as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Franklin Lee Feder as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Heloisa Belotti Bedicks as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Joao Luiz Fukunaga as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Manuel Lino Silva de Sousa Oliveira (Ollie) as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Marcelo Gasparino da Silva as Board Vice-Chair Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Marcelo Gasparino da Silva as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Rachel de Oliveira Maia as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Reinaldo Duarte Castanheira Filho as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Shunji Komai as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Elect Wilfred Theodoor Bruijn (Bill) as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Anelise Quintao Lara as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Daniel Andre Stieler as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Franklin Lee Feder as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Heloisa Belotti Bedicks as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Joao Luiz Fukunaga as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Manuel Lino Silva de Sousa Oliveira (Ollie) as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Rachel de Oliveira Maia as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Reinaldo Duarte Castanheira Filho as Independent Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Shunji Komai as Director Director Elections Board AGAINST 1
VALE SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Wilfred Theodoor Bruijn (Bill) as Independent Director Director Elections Board AGAINST 1
VALMONT INDUSTRIES INC. April 28, 2025 Election of Directors: James B. Milliken Director Elections Board WITHHOLD 1
VAXCYTE INC. June 12, 2025 Approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
VECTOR GROUP LTD. August 20, 2024 Advisory vote on executive compensation (the "say on pay vote"): Say-on-Pay Board AGAINST 1
VERTEX INC. June 11, 2025 Election of directors: J. Richard Stamm Director Elections Board WITHHOLD 1
VERTEX INC. June 11, 2025 Election of directors: Philip Saunders Director Elections Board WITHHOLD 1
VF CORP. July 23, 2024 Vote to approve the amendment and restatement of the 1996 Stock Compensation Plan. Compensation Board AGAINST 1
VIANT TECHNOLOGY INC. June 5, 2025 To elect one Class I director, Max Valdes, to hold office until our Annual Meeting of Stockholders in 2028 and until his successor is duly elected and qualified, or until his earlier death, resignation or removal: Max Valdes Director Elections Board WITHHOLD 1
VICTORY CAPITAL HOLDINGS INC. May 7, 2025 Election of Class I Directors: Robert V. Delaney, Jr. Director Elections Board AGAINST 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: John J. Sumas Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: John P. Sumas Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Kevin Begley Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Nicholas Sumas Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Perry Blatt Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Prasad Pola Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Robert Sumas Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Stephen F. Rooney Director Elections Board WITHHOLD 1
VILLAGE SUPER MARKET INC. December 13, 2024 Election of Directors: Steven Crystal Director Elections Board WITHHOLD 1
VISA INC. January 28, 2025 To elect the eleven director nominees named in the proxy statement: Francisco Javier Fernandez-Carbajal Director Elections Board AGAINST 1
VISA INC. January 28, 2025 To elect the eleven director nominees named in the proxy statement: Maynard G. Webb, Jr. Director Elections Board AGAINST 1
VISHAY PRECISION GROUP INC. May 21, 2025 Election of Directors: Saul Reibstein Director Elections Board WITHHOLD 1
VISHAY PRECISION GROUP INC. May 21, 2025 Election of Directors: Timothy Talbert Director Elections Board WITHHOLD 1
VITA COCO COMPANY INC. June 3, 2025 Election of Class I Directors: Aishetu Fatima Dozie Director Elections Board WITHHOLD 1
VOLVO CAR AB April 3, 2025 Approve Remuneration Report Compensation Board AGAINST 1
VOLVO CAR AB April 3, 2025 Approve Remuneration of Directors in the Amount of SEK 2.84 Million to Vice Chair and SEK 1.2 Million to Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 1
VOLVO CAR AB April 3, 2025 Reelect Daniel Li (Li Donghui) as Director Director Elections Board AGAINST 1
VOLVO CAR AB April 3, 2025 Reelect Eric Li (Li Shufu) as Board Chair Director Elections Board AGAINST 1
VOLVO CAR AB April 3, 2025 Reelect Eric Li (Li Shufu) as Director Director Elections Board AGAINST 1
VOLVO CAR AB April 3, 2025 Reelect Lone Fonss Schroder as Director Director Elections Board AGAINST 1
VOLVO CAR AB April 3, 2025 Reelect Lone Fonss Schroder as Vice Chair Director Elections Board AGAINST 1
VORNADO REALTY TRUST May 22, 2025 Election of Trustees: David M. Mandelbaum Director Elections Board WITHHOLD 1
WALT DISNEY CO. March 20, 2025 Consideration of an advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 1
WARNER BROS. DISCOVERY INC. June 2, 2025 To vote on an advisory resolution to approve the 2024 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. Say-on-Pay Board AGAINST 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: David A. Dunbar Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Joseph W. Reitmeier Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Kenneth Napolitano Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Louise K. Goeser Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Merilee Raines Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Michael J. Dubose Director Elections Board WITHHOLD 1
WATTS WATER TECHNOLOGIES INC. May 21, 2025 Election of directors: Rebecca J. Boll Director Elections Board WITHHOLD 1
WEIBO CORP. May 20, 2025 Elect Director Bo Liu Director Elections Board AGAINST 1
WEIBO CORP. May 20, 2025 Elect Director Hong Du Director Elections Board AGAINST 1
WEIS MARKETS INC. May 1, 2025 Election of Directors: Harold G. Graber Director Elections Board WITHHOLD 1
WEIS MARKETS INC. May 1, 2025 Election of Directors: Jonathan H. Weis Director Elections Board WITHHOLD 1
WESTLAKE CORP. May 8, 2025 Election of Class III Directors: Albert Y. Chao Director Elections Board WITHHOLD 1
WESTLAKE CORP. May 8, 2025 Election of Class III Directors: Carolyn C. Sabat Director Elections Board WITHHOLD 1
WESTLAKE CORP. May 8, 2025 Election of Class III Directors: David T. Chao Director Elections Board WITHHOLD 1
WHITEHAVEN COAL LTD. October 30, 2024 Approve Grant of Share Appreciation Rights to Paul Flynn Compensation Board AGAINST 1
WHITEHAVEN COAL LTD. October 30, 2024 Approve the Spill Resolution Compensation Board AGAINST 1
WINGTECH TECHNOLOGY CO. LTD. November 8, 2024 Approve Downward Adjustment on Conversion Price of Convertible Bonds Capital Structure Board AGAINST 1
WINGTECH TECHNOLOGY CO. LTD. May 16, 2025 Approve Guarantee Plan Capital Structure Board AGAINST 1
WIZZ AIR HOLDINGS PLC September 25, 2024 Approve Amendments to the Omnibus Plan Compensation Board AGAINST 1

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Built November 8, 2026 from SEC Form N-PX filings.