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 |
|---|---|---|---|---|---|---|---|
| Siemens Limited | January 30, 2026 | Approve Continuation of Directorship of Matthias Rebellius | Director Elections | Board | AGAINST | 2 | |
| Sigma Foods SAB de CV | March 13, 2026 | Elect Directors and Chairs of Audit and Corporate Practices Committees; Fix Their Remuneration | Director Elections | Board | AGAINST | 2 | |
| Singapore Airlines Limited | July 25, 2025 | Elect Peter Seah Lim Huat as Director | Director Elections | Board | AGAINST | 2 | |
| Sino Biopharmaceutical Limited | June 17, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Sino Biopharmaceutical Limited | June 17, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Sinoma Science & Technology Co., Ltd. | May 29, 2026 | Approve Authorization of the Board to Handle All Related Matters of the Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Sinoma Science & Technology Co., Ltd. | May 29, 2026 | Approve Formulation of Implementation of Assessment Management Measures for Stock Option Incentive Plan (Revised Draft) | Compensation | Board | AGAINST | 2 | |
| Sinoma Science & Technology Co., Ltd. | May 29, 2026 | Approve Formulation of Management Measures for Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Sinoma Science & Technology Co., Ltd. | May 29, 2026 | Approve Stock Option Incentive Plan and Its Summary (Revised Draft) | Compensation | Board | AGAINST | 2 | |
| Sinopharm Group Co. Ltd. | June 18, 2026 | Approve Delegation of Power of Provision of Guarantees for Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| Sinopharm Group Co. Ltd. | June 18, 2026 | Approve Grant a General Mandate to the Board to Exercise Power to Allot, Issue and/or Deal with Domestic Shares and/or H Shares, and to Sell or Transfer Any Treasury Shares | Capital Structure | Board | AGAINST | 2 | |
| Skandinaviska Enskilda Banken AB | March 24, 2026 | Reelect Marcus Wallenberg as Board Chair | Director Elections | Board | AGAINST | 2 | |
| Skandinaviska Enskilda Banken AB | March 24, 2026 | Reelect Marcus Wallenberg as Director | Director Elections | Board | AGAINST | 2 | |
| Skandinaviska Enskilda Banken AB | March 24, 2026 | Reelect Signhild Arnegard Hansen as Director | Director Elections | Board | AGAINST | 2 | |
| Skanska AB | March 31, 2026 | Reelect Henrik Sjolund as Director | Director Elections | Board | AGAINST | 2 | |
| Skanska AB | March 31, 2026 | Reelect Par Boman as Director | Director Elections | Board | AGAINST | 2 | |
| Skyworks Solutions, Inc. | May 13, 2026 | To approve the Company's 2026 Long-Term Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Amend Restricted Stock Plan | Compensation | Board | AGAINST | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Approve Remuneration of Company's Management | Compensation | Board | AGAINST | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Andre Macedo Pezeta as Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Claudia Elisa de Pinho Soares as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Daniel Rizardi Sorrentino as Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Diogo Ferraz de Andrade Corona as Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Edgard Gomes Corona as Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Felipe Rodrigues Affonso as Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Pedro Santos Ripper as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Lerner Castro as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Smartfit Escola de Ginastica e Danca SA | April 24, 2026 | Percentage of Votes to Be Assigned - Elect Wolfgang Stephan Schwerdtle as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Somnigroup International, Inc. | May 13, 2026 | ADVISORY VOTE TO APPROVE THE COMPENSATION OF NAMED EXECUTIVE OFFICERS; AND | Say-on-Pay | Board | AGAINST | 2 | |
| Somnigroup International, Inc. | May 13, 2026 | APPROVAL OF AN AMENDMENT TO THE COMPANY'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 500,000,000 TO 1,000,000,000. | Capital Structure | Board | AGAINST | 2 | |
| Sona BLW Precision Forgings Ltd. | July 25, 2025 | Reelect Shradha Suri as Director | Director Elections | Board | AGAINST | 2 | |
| Sona BLW Precision Forgings Ltd. | December 19, 2025 | Approve Sona BLW Precision Forgings Ltd. Performance Share Plan - 2025 | Compensation | Board | AGAINST | 2 | |
| Sotetsu Holdings Inc. | June 26, 2026 | Appoint Statutory Auditor Tabata, Junjiro | Compensation | Board | AGAINST | 2 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: German Larrea Mota-Velasco | Director Elections | Board | WITHHOLD | 2 | |
| Southern Copper Corporation | May 29, 2026 | Election of Directors: Leonardo Contreras Lerdo de Tejada | Director Elections | Board | WITHHOLD | 2 | |
| Southwest Securities Co., Ltd. | September 26, 2025 | Amend Remuneration and Performance Appraisal for Directors and Supervisors | Compensation | Board | AGAINST | 2 | |
| Southwest Securities Co., Ltd. | June 29, 2026 | Approve to Formulate Management Rules for Remuneration and Performance of Person in Charge and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Spring Airlines Co., Ltd. | June 26, 2026 | Approve External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Srf Limited | July 3, 2025 | Approve Reappointment and Remuneration of Ashish Bharat Ram as Chairman and Managing Director | Compensation | Board | AGAINST | 2 | |
| Srf Limited | June 30, 2026 | Approve Reappointment and Remuneration of Kartik Bharat Ram as Joint Managing Director | Compensation | Board | AGAINST | 2 | |
| Srf Limited | June 30, 2026 | Approve Reappointment, Payment and Facilities to be Extended to Arun Bharat Ram as Chairman Emeritus | Compensation | Board | AGAINST | 2 | |
| Star Health & Allied Insurance Co. Ltd. | June 16, 2026 | Approve Continuation of Sumir Chadha on the Board of Directors | Director Elections | Board | AGAINST | 2 | |
| State Bank of India | May 15, 2026 | Elect Deepak Arora as Director | Director Elections | Board | AGAINST | 2 | |
| State Bank of India | May 15, 2026 | Elect Dharmendra Singh Shekhawat as Director | Director Elections | Board | AGAINST | 2 | |
| State Bank of India | May 15, 2026 | Elect Sandeep Natwarlal Shah as Director | Director Elections | Board | AGAINST | 2 | |
| State Bank of India | May 15, 2026 | Elect Sanjay Kapoor as Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Alok Verma as Director and Approve Appointment of Alok Verma as Whole Time Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Ashish Chatterjee as Government Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Ashok Kumar Panda as Director and Approve Appointment of Ashok Kumar Panda as Whole Time Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Chitta Ranjan Mohapatra as Director and Approve Appointment of Chitta Ranjan Mohapatra as Whole Time Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Manish Raj Gupta as Director and Approve Appointment of Manish Raj Gupta as Whole Time Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Manjeet Kumar Razdan as Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Pranoy Roy as Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Elect Surajit Mishra as Director and Approve Appointment of Surajit Mishra as Whole Time Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Reelect Gopal Singh Bhati as Director | Director Elections | Board | AGAINST | 2 | |
| Steel Authority of India Limited | September 16, 2025 | Reelect K. K. Singh as Director | Director Elections | Board | AGAINST | 2 | |
| Steel Dynamics, Inc. | May 6, 2026 | SHAREHOLDER PROPOSAL - AVOID POLITICAL SPENDING BRAND DAMAGE | Other Social Issues | Shareholder | Against | FOR | 2 |
| Stoke Therapeutics, Inc. | June 3, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 2 | |
| Stora Enso Oyj | March 24, 2026 | Reelect Hakan Buskhe (Chair), Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltritti and Antti Vasara as Directors; Elect Jouko Karvinen (Vice Chair) as New Director | Director Elections | Board | ABSTAIN | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Brian P. Brooks | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Carl J. Rickertsen | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Gregg J. Winiarski | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Jane A. Dietze | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Jarrod M. Patten | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Michael J. Saylor | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Phong Q. Le | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To elect the following eight (8) directors for the next year: Stephen X. Graham | Director Elections | Board | WITHHOLD | 2 | |
| Strategy Inc | June 8, 2026 | To ratify, pursuant to Section 204 of the General Corporation Law of the State of Delaware, the filing and effectiveness of the Certificate of Amendment to the Certificate of Designations of the Company's 8.00% Series A Perpetual Strike Preferred Stock filed with the Secretary of State of the State of Delaware on July 7, 2025, and the amendment to the liquidation preference of such stock effectuated thereby. | Capital Structure | Board | AGAINST | 2 | |
| Straumann Holding AG | April 17, 2026 | Approve One-Time Retention and Engagement Awards to the Executive Committee in the Amount of CHF 1.2 Million for Fiscal Year 2026 | Compensation | Board | AGAINST | 2 | |
| Sumitomo Forestry Co., Ltd. | March 27, 2026 | Appoint Statutory Auditor Tetsu, Yoshimasa | Compensation | Board | AGAINST | 2 | |
| Sumitomo Heavy Industries, Ltd. | March 27, 2026 | Elect Director Shimomura, Shinji | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Heavy Industries, Ltd. | March 27, 2026 | Elect Director Watanabe, Toshiro | Director Elections | Board | AGAINST | 2 | |
| Sumitomo Pharma Co., Ltd. | June 25, 2026 | Elect Director Kimura, Toru | Director Elections | Board | AGAINST | 2 | |
| Sun Art Retail Group Limited | August 14, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Sun Art Retail Group Limited | August 14, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Sun Art Retail Group Limited | December 4, 2025 | Amend Employee Trust Benefit Scheme and Approve Amended Auchan Scheme and Amended RT-Mart Scheme and Related Transactions | Compensation | Board | AGAINST | 2 | |
| Sun Pharmaceutical Industries Limited | July 31, 2025 | Approve Appointment and Remuneration of Vidhi Shanghvi as Whole-Time Director | Compensation | Board | AGAINST | 2 | |
| Sungrow Power Supply Co., Ltd. | April 24, 2026 | Approve Authorization of the Board or Its Authorized Persons to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Sungrow Power Supply Co., Ltd. | April 24, 2026 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| Sungrow Power Supply Co., Ltd. | April 24, 2026 | Approve Issuing Letters of Guarantee on Behalf of Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| Sungrow Power Supply Co., Ltd. | April 24, 2026 | Approve Management Measures for Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| Sungrow Power Supply Co., Ltd. | April 24, 2026 | Approve the Estimated Guarantee Amount for Subsidiaries and External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Adopt 2026 Share Award Scheme | Compensation | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Adopt Service Provider Sublimit | Compensation | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Sunny Optical Technology (Group) Company Limited | May 27, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Sunshine Insurance Group Company Limited | June 17, 2026 | Approve Grant of General Mandate to the Board to Issue Additional H Shares | Capital Structure | Board | AGAINST | 2 | |
| Sunshine Insurance Group Company Limited | June 17, 2026 | Elect Dong Bin as Director | Director Elections | Board | AGAINST | 2 | |
| Sunshine Insurance Group Company Limited | June 17, 2026 | Elect Wu Xiaoqiu as Director | Director Elections | Board | AGAINST | 2 | |
| Sunshine Insurance Group Company Limited | June 17, 2026 | Elect Xu Ying as Director | Director Elections | Board | AGAINST | 2 | |
| Suntory Beverage & Food Ltd. | March 25, 2026 | Elect Director Kimura, Josuke | Director Elections | Board | AGAINST | 2 | |
| Sunwoda Electronic Co., Ltd. | December 25, 2025 | Approve Cash Dividend Management System | Capital Structure | Board | AGAINST | 2 | |
| Sunwoda Electronic Co., Ltd. | March 5, 2026 | Approve Bill Pool Business | Capital Structure | Board | AGAINST | 2 | |
| Sunwoda Electronic Co., Ltd. | June 16, 2026 | Approve Authorization of Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Sunwoda Electronic Co., Ltd. | June 16, 2026 | Approve Draft and Summary of Performance Shares and Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Sunwoda Electronic Co., Ltd. | June 16, 2026 | Approve Implementation and Assessment Management Measures for the Performance Shares and Stock Option Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Super Group (SGHC) Limited | June 25, 2026 | Authorize Market Purchases of Company Shares | Capital Structure | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.