Home › Asset managers › Franklin Templeton › 2025-2026 › Against the board
5,400 proposals in the 2025-2026 proxy season: Franklin Templeton voted against, or withheld its votes from, 5,371 proposals put forward by company boards, and voted for 29 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
5,400 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Franklin Templeton voted | Funds |
|---|---|---|---|---|---|---|---|
| Shanghai Aiko Solar Energy Co., Ltd. | May 20, 2026 | Approve Authorization of Relevant Personnel to Handle Capital-Related Business | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Aiko Solar Energy Co., Ltd. | May 20, 2026 | Approve Remuneration of Independent Director | Compensation | Board | AGAINST | 2 | |
| Shanghai Aiko Solar Energy Co., Ltd. | May 20, 2026 | Approve Remuneration of Non-independent Director | Compensation | Board | AGAINST | 2 | |
| Shanghai Construction Group Co., Ltd. | June 9, 2026 | Approve Remuneration and Remuneration Plan of Directors | Compensation | Board | AGAINST | 2 | |
| Shanghai Electric Group Company Limited | June 5, 2026 | 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 Limited | June 5, 2026 | Approve Provision of Guarantee by Shanghai Institute of Mechanical & Electrical Engineering Co., Ltd. for Shanghai Electric Japan Engineering Co., Ltd. | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Electric Group Company Limited | June 5, 2026 | 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. | May 28, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Shanghai Fosun Pharmaceutical (Group) Co., Ltd. | June 16, 2026 | Approve Grant of General Mandate to the Board to Issue A Shares and/or H Shares | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Fudan Microelectronics Group Company Limited | December 2, 2025 | Approve Rules of the Management of Proceeds | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Fudan Microelectronics Group Company Limited | March 16, 2026 | Adopt 2026 A Share Restricted Share Incentive Scheme Assessment Management Measures | Compensation | Board | AGAINST | 2 | |
| Shanghai Fudan Microelectronics Group Company Limited | March 16, 2026 | Adopt 2026 A Share Restricted Share Incentive Scheme and the Proposed Issue of Restricted Shares under the 2026 A Share Restricted Share Incentive Scheme | Compensation | Board | AGAINST | 2 | |
| Shanghai Fudan Microelectronics Group Company Limited | March 16, 2026 | Approve Authorization to the Board to Deal with Matters Relating to the 2026 A Share Restricted Share Incentive Scheme | Compensation | Board | AGAINST | 2 | |
| Shanghai Fudan Microelectronics Group Company Limited | May 22, 2026 | 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 Limited | May 21, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Industrial Holdings Limited | May 21, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Junshi Biosciences Co., Ltd. | June 26, 2026 | Approve Estimated External Guarantee Quota | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Junshi Biosciences Co., Ltd. | June 26, 2026 | Approve Grant of General Mandate to Issue Domestic and/or Overseas Debt Financing Instruments | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Junshi Biosciences Co., Ltd. | June 26, 2026 | 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 Junshi Biosciences Co., Ltd. | June 26, 2026 | Approve RSM China (Special General Partnership) as PRC Financial Report Auditors and Internal Control Auditors and Deloitte Touche Tohmatsu as Hong Kong Financial Report Auditors | Audit-related | Board | AGAINST | 2 | |
| Shanghai Lingang Holdings Corp., Ltd. | June 3, 2026 | Approve Financing Application | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Pharmaceuticals Holding Co., Ltd. | June 25, 2026 | Approve Application for Centralized Registration of Different Types of New Debt Financing Instruments (DFI) | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Pharmaceuticals Holding Co., Ltd. | June 25, 2026 | Approve External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Pharmaceuticals Holding Co., Ltd. | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Putailai New Energy Technology Co., Ltd. | September 15, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Putailai New Energy Technology Group Co., Ltd. | December 29, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Stonehill Technology Co., Ltd. | May 20, 2026 | Approve Use of Funds to Purchase Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Shanghai Tunnel Engineering Co., Ltd. | June 26, 2026 | Approve Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Shanghai Tunnel Engineering Co., Ltd. | June 26, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Shanghai Zhenhua Heavy Industries Co., Ltd. | June 9, 2026 | Approve Application of Comprehensive Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| Shanghai Zhenhua Heavy Industries Co., Ltd. | June 9, 2026 | Approve Remuneration Plan of Directors | Compensation | Board | AGAINST | 2 | |
| Shanjin International Gold Co., Ltd. | December 25, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shannon Semiconductor Technology Co. Ltd. | April 7, 2026 | Approve Credit Line Application and Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shannon Semiconductor Technology Co. Ltd. | May 28, 2026 | Approve Authorization of the Company Management to Dispose of External Investment | Extraordinary Transactions | Board | AGAINST | 2 | |
| Shanxi Lu'An Environmental Energy Development Co., Ltd. | May 20, 2026 | Approve Provision of Financial Assistance | Capital Structure | Board | AGAINST | 2 | |
| Shanxi Meijin Energy Co., Ltd. | February 3, 2026 | Approve Provision of Guarantee to Controlled Subsidiary | Capital Structure | Board | AGAINST | 2 | |
| Shanxi Xinghuacun Fen Wine Factory Co., Ltd. | June 16, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Sharetronic Data Technology Co. Ltd. | April 8, 2026 | Approve 2026 Credit Line Application and Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Sharetronic Data Technology Co. Ltd. | April 8, 2026 | Approve Application of Credit Lines and Financial Leasing | Capital Structure | Board | AGAINST | 2 | |
| Sharetronic Data Technology Co. Ltd. | April 28, 2026 | Approve Additional Credit Line and Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Envicool Technology Co., Ltd. | May 12, 2026 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen International Holdings Limited | May 13, 2026 | Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Shenzhen International Holdings Limited | May 13, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen International Holdings Limited | May 13, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Kaifa Technology Co., Ltd. | May 28, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Kinwong Electronic Co., Ltd. | December 25, 2025 | Approve Fixed Asset Loan Application, Increase Credit Line as well as Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Longsys Electronics Co., Ltd. | May 19, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Longsys Electronics Co., Ltd. | May 19, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Shenzhen Longsys Electronics Co., Ltd. | May 19, 2026 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Shenzhen Longsys Electronics Co., Ltd. | May 19, 2026 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| Shenzhen Longsys Electronics Co., Ltd. | May 19, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen MTC Co., Ltd. | May 22, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen MTC Co., Ltd. | May 22, 2026 | Approve Use of Funds to Invest in Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Shenzhen Megmeet Electrical Co., Ltd. | May 27, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Megmeet Electrical Co., Ltd. | May 27, 2026 | Approve Use of Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| Shenzhen Megmeet Electrical Co., Ltd. | June 25, 2026 | Elect He Chengxiao as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Shenzhen New Industries Biomedical Engineering Co., Ltd. | May 18, 2026 | Approve Use of Idle Own Funds to Purchase Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Shenzhen Overseas Chinese Town Co., Ltd. | June 29, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Overseas Chinese Town Co., Ltd. | June 29, 2026 | Approve Formulation of Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Shenzhen Overseas Chinese Town Co., Ltd. | June 29, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen SED Industry Co., Ltd. | May 19, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen SED Industry Co., Ltd. | June 26, 2026 | Approve Use of Part of Raised Funds to Provide Loans to Subsidiary for Implementation of Investment Projects | Capital Structure | Board | AGAINST | 2 | |
| Shenzhen Techwinsemi Technology Co., Ltd. | March 30, 2026 | Approve Authorization of the Board to Handle All Related Matters of the Stock Option Scheme | Compensation | Board | AGAINST | 2 | |
| Shenzhen Techwinsemi Technology Co., Ltd. | March 30, 2026 | Approve Draft and Summary of Stock Option Scheme | Compensation | Board | AGAINST | 2 | |
| Shenzhen Techwinsemi Technology Co., Ltd. | March 30, 2026 | Approve Formulation of Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. | March 31, 2026 | Amend the Remuneration and Assessment Management Measures for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. | May 14, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| Shenzhou International Group Holdings Limited | May 27, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Shenzhou International Group Holdings Limited | May 27, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect BRYANT HSU, a Representative of YEANG DER INVESTMENT CO., LTD. with SHAREHOLDER NO.1875 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect CHENG, HSIANG CHIH, a Representative of YEANG DER INVESTMENT CO., LTD. with SHAREHOLDER NO.1875 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect HSIEH, HAN CHANG, a Representative of YEANG DER INVESTMENT CO., LTD. with SHAREHOLDER NO.1875 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect KAN, MING HUNG, a Representative of CHANCHING CO., LTD. with SHAREHOLDER NO.204724 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect KITAMURA YASUNORI, a Representative of MITSUBISHI ELECTRIC CORPORATION JAPAN with SHAREHOLDER NO.405 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect KOMURA HIDEAKI, a Representative of MITSUBISHI ELECTRIC CORPORATION JAPAN with SHAREHOLDER NO.405 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect KUO, YUEH SHE, a Representative of YEANG DER INVESTMENT CO., LTD. with SHAREHOLDER NO.1875 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect LEE, SHUI YUAN, a Representative of YEANG DER INVESTMENT CO., LTD. with SHAREHOLDER NO.1875 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect LIN, HSIN I with SHAREHOLDER NO.D100805XXX as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect LIN, PO FONG, a Representative of SHIN PO INVESTMENT CO., LTD. with SHAREHOLDER NO.182497 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect NAKANO MASAHIRO, a Representative of MITSUBISHI ELECTRIC CORPORATION JAPAN with SHAREHOLDER NO.405 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shihlin Electric & Engineering Corp. | June 17, 2026 | Elect OKOCHI KAZUHIKO, a Representative of MITSUBISHI ELECTRIC CORPORATION JAPAN with SHAREHOLDER NO.405 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Shimano, Inc. | March 24, 2026 | Appoint Statutory Auditor Nozue, Kanako | Compensation | Board | AGAINST | 2 | |
| Shimizu Corp. | June 26, 2026 | Elect Director Inoue, Kazuyuki | Director Elections | Board | AGAINST | 2 | |
| Shimizu Corp. | June 26, 2026 | Elect Director Shimmura, Tatsuya | Director Elections | Board | AGAINST | 2 | |
| Shiseido Co., Ltd. | March 25, 2026 | Elect Director Fujiwara, Kentaro | Director Elections | Board | AGAINST | 2 | |
| Shizuoka Financial Group, Inc. | June 19, 2026 | Approve Donation of Treasury Shares to Shizuoka Mirai Cocreation Foundation | Capital Structure | Board | AGAINST | 2 | |
| Shizuoka Financial Group, Inc. | June 19, 2026 | Elect Director Shibata, Hisashi | Director Elections | Board | AGAINST | 2 | |
| Shougang Fushan Resources Group Limited | June 25, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Shougang Fushan Resources Group Limited | June 25, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Shree Cement Limited | March 20, 2026 | Approve Reappointment and Remuneration of Hari Mohan Bangur as Whole Time Director, Designated as Chairman | Compensation | Board | AGAINST | 2 | |
| Sichuan Biokin Pharmaceutical Co., Ltd. | February 9, 2026 | Approve Extending the Validity Period of Resolutions Related to the Company's H-Share Issuance and Listing | Capital Structure | Board | AGAINST | 2 | |
| Sichuan Biokin Pharmaceutical Co., Ltd. | May 19, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Sichuan Biokin Pharmaceutical Co., Ltd. | May 19, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Sichuan Kelun Pharmaceutical Co., Ltd. | April 23, 2026 | Approve Bill Pool Business | Capital Structure | Board | AGAINST | 2 | |
| Sichuan Kelun Pharmaceutical Co., Ltd. | April 23, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| Sichuan Kelun Pharmaceutical Co., Ltd. | April 23, 2026 | Approve Use of Own Funds to Purchase Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | December 31, 2025 | Adopt 2025 Share Incentive Scheme and Related Transactions | Compensation | Board | AGAINST | 2 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | December 31, 2025 | Adopt Scheme Mandate Limit of the 2025 Share Incentive Scheme | Compensation | Board | AGAINST | 2 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | June 29, 2026 | Approve Acquisition of Wealth Management Products with Idle Self-owned Funds | Extraordinary Transactions | Board | AGAINST | 2 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | June 29, 2026 | Approve Grant of General Mandate to the Board to Issue Shares and Sell Treasury Shares | Capital Structure | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.