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 |
|---|---|---|---|---|---|---|---|
| Suzano SA | April 23, 2026 | Elect Daniel Feffer as Board Vice-Chair | Director Elections | Board | AGAINST | 2 | |
| Suzano SA | April 23, 2026 | Elect David Feffer as Board Chair | Director Elections | Board | AGAINST | 2 | |
| Suzano SA | April 23, 2026 | Elect Directors | Director Elections | Board | AGAINST | 2 | |
| Suzano SA | April 23, 2026 | Elect Luiz Augusto Marques Paes as Fiscal Council Member and Luciano Douglas Colauto as Alternate | Compensation | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Elect Nildemar Secches as Board Vice-Chair | Director Elections | Board | AGAINST | 2 | |
| Suzano SA | April 23, 2026 | Elect Rubens Barletta as Fiscal Council Member and Roberto Figueiredo Mello as Alternate | Compensation | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Daniel Feffer as Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect David Feffer as Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Gabriela Feffer Moll as Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Maria Priscila Rodini Vansetti Machado as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Nildemar Secches as Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Rogerio Caffarelli as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Sergio Kakinoff as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Rodrigo Calvo Galindo as Independent Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzano SA | April 23, 2026 | Percentage of Votes to Be Assigned - Elect Walter Schalka as Director | Director Elections | Board | ABSTAIN | 2 | |
| Suzhou Dongshan Precision Manufacturing Co., Ltd. | November 3, 2025 | Elect Xu Weidong as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Suzhou Dongshan Precision Manufacturing Co., Ltd. | May 15, 2026 | Approve Remuneration of Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Suzhou TFC Optical Communication Co., Ltd. | November 14, 2025 | Approve Use of Idle Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| Suzlon Energy Limited | September 25, 2025 | Approve Reappointment and Remuneration of Girish R.Tanti as Executive Director | Compensation | Board | AGAINST | 2 | |
| Suzlon Energy Limited | September 25, 2025 | Approve Reappointment and Remuneration of Vinod R.Tanti as Managing Director | Compensation | Board | AGAINST | 2 | |
| Swiggy Limited | August 21, 2025 | Approve Continuation of Ashutosh Sharma as Non-Executive Nominee Director | Director Elections | Board | AGAINST | 2 | |
| Swire Pacific Limited | May 14, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Swire Pacific Limited | May 14, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Elect Patrick Frost as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Ratify PricewaterhouseCoopers AG as Auditors | Audit-related | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reappoint Klaus Tschuetscher as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reappoint Martin Schmid as Member of the Compensation Committee | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Damir Filipovic as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Franziska Sauber as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Klaus Tschuetscher as Director | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Rolf Doerig as Director and Board Chair | Director Elections | Board | AGAINST | 2 | |
| Swiss Life Holding AG | May 7, 2026 | Reelect Thomas Buess as Director | Director Elections | Board | AGAINST | 2 | |
| TAISEI Corp. | June 23, 2026 | Elect Director Aikawa, Yoshiro | Director Elections | Board | AGAINST | 2 | |
| TAISEI Corp. | June 23, 2026 | Elect Director Tanaka, Shigeyoshi | Director Elections | Board | AGAINST | 2 | |
| TBEA Co., Ltd. | November 3, 2025 | Approve Application for Unified Registration and Issuance of Multiple Types of Non-Financial Enterprise Debt Financing Instruments (DFI) | Capital Structure | Board | AGAINST | 2 | |
| TBEA Co., Ltd. | May 7, 2026 | Approve Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| TBS Holdings, Inc. | June 26, 2026 | Elect Director Abe, Ryujiro | Director Elections | Board | AGAINST | 2 | |
| TBS Holdings, Inc. | June 26, 2026 | Elect Director Sasaki, Takashi | Director Elections | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | July 17, 2025 | Approve Management Measures for the Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Matters Related to Entrusted Wealth Management | Extraordinary Transactions | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee by Controlled Subsidiaries to Their Consolidated Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee for Controlled Non-Public Companies and Their Subsidiaries as well as the Company's Investee Companies | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | April 24, 2026 | Approve Provision of Guarantee for Controlled Public Subsidiaries and Their Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Draft and Summary of Partnership Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve Management Method of Partnership Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Technology Group Corp. | June 22, 2026 | Approve to Adjust 2025 Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| TCL Zhonghuan Renewable Energy Technology Co., Ltd. | April 15, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| THK CO., LTD. | March 20, 2026 | Elect Director Teramachi, Akihiro | Director Elections | Board | AGAINST | 2 | |
| THK CO., LTD. | March 20, 2026 | Elect Director Teramachi, Takashi | Director Elections | Board | AGAINST | 2 | |
| TOHO GAS Co., Ltd. | June 25, 2026 | Elect Director Masuda, Nobuyuki | Director Elections | Board | AGAINST | 2 | |
| TOHO GAS Co., Ltd. | June 25, 2026 | Elect Director Yamazaki, Satoshi | Director Elections | Board | AGAINST | 2 | |
| TOTO Ltd. | June 23, 2026 | Elect Director and Audit Committee Member Horikoshi, Hidekazu | Director Elections | Board | AGAINST | 2 | |
| TVS Motor Company Limited | January 22, 2026 | Elect Kalpana Unadkat as Director | Director Elections | Board | AGAINST | 2 | |
| Taiheiyo Cement Corp. | June 26, 2026 | Elect Director Fushihara, Masafumi | Director Elections | Board | AGAINST | 2 | |
| Taiheiyo Cement Corp. | June 26, 2026 | Elect Director Taura, Yoshifumi | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect CHEN TIEN-WEN, with SHAREHOLDER NO.A122885XXX as Independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect HSU LAN-YING, a Representative of SHIN LAN ENTERPRISE INC., with SHAREHOLDER NO.169, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect KANZAKI JUNICHI, a Representative of SECOM CO., LTD., with SHAREHOLDER NO.93, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect LIN MING-SHENG, a Representative of YUAN HSIN INVESTMENT CO., LTD., with SHAREHOLDER NO.1842 ,as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect MATSUI HIROMICHI, a Representative of SECOM CO., LTD., with SHAREHOLDER NO.93, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect TAKATSUKI SHUICHI, a Representative of SECOM CO., LTD., with SHAREHOLDER NO.93, as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect TU HENG-YI, with SHAREHOLDER NO.62562 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Taiwan Secom Co., Ltd. | May 29, 2026 | Elect a Representative of YILAN COUNTY LIN SHIAW-SHINN CULTURAL FOUNDATION, with SHAREHOLDER NO.111032 as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Takashimaya Co., Ltd. | May 26, 2026 | Elect Director Murata, Yoshio | Director Elections | Board | AGAINST | 2 | |
| Tasly Pharmaceutical Group Co., Ltd. | October 10, 2025 | Approve Use of Idle Funds to Purchase Bank Financial Products | Extraordinary Transactions | Board | AGAINST | 2 | |
| Tata Technologies Ltd. (India) | June 26, 2026 | Reelect Shailesh Chandra as Director | Director Elections | Board | AGAINST | 2 | |
| Tata Teleservices (Maharashtra) Limited | October 26, 2025 | Elect Nalin Rana as Director | Director Elections | Board | AGAINST | 2 | |
| Technoprobe SpA | April 23, 2026 | Approve Restricted Shares Incentive Plan 2026-2029 | Compensation | Board | AGAINST | 2 | |
| Technoprobe SpA | April 23, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Technoprobe SpA | April 23, 2026 | Approve Special Award Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Teijin Ltd. | June 19, 2026 | Elect Director Uchikawa, Akimoto | Director Elections | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Approve Remuneration of Directors in the Amount of SEK 5.2 Million for Chair and SEK 1.4 Million for Other Directors; Approve Remuneration for Committee Work | Compensation | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Reelect Christian Cederholm as Director | Director Elections | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Reelect Jacob Wallenberg as Director | Director Elections | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Reelect Jan Carlson as Board Chair | Director Elections | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Reelect Jan Carlson as Director | Director Elections | Board | AGAINST | 2 | |
| Telefonaktiebolaget LM Ericsson | March 31, 2026 | Reelect Karl Aberg as Director | Director Elections | Board | AGAINST | 2 | |
| Telefonica Brasil SA | April 16, 2026 | Re-Ratify Remuneration of Company's Management and Fiscal Council for 2025 | Compensation | Board | AGAINST | 2 | |
| Telenor ASA | May 19, 2026 | Approve Equity Plan Financing Through Repurchase of Shares | Compensation | Board | AGAINST | 2 | |
| Telenor ASA | May 19, 2026 | Approve Remuneration Statement (Advisory Vote) | Compensation | Board | AGAINST | 2 | |
| Temenos AG | May 13, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 2 | |
| Temenos AG | May 13, 2026 | Ratify PricewaterhouseCoopers S.A. as Auditors | Audit-related | Board | AGAINST | 2 | |
| Tenaris SA | May 12, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Tenaris SA | May 12, 2026 | Approve Share Repurchase | Capital Structure | Board | AGAINST | 2 | |
| Tenaris SA | May 12, 2026 | Elect Directors (Bundled) | Director Elections | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Amend Clause 4 of the Memorandum of Association Re: Increase in Registered Capital | Capital Structure | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Amend Clause 4 of the Memorandum of Association Re: Reduction in Registered Capital | Capital Structure | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Approve Allocation of New Ordinary Shares Pursuant to Awards Granted under the ThaiBev Long Term Incentive Plan 2026 - 2030 and Release of Final Awards under the ThaiBev Long Term Incentive Plan 2021 - 2025 | Compensation | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Approve Increase in Registered Capital | Capital Structure | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Approve Reduction in Registered Capital | Capital Structure | Board | AGAINST | 2 | |
| Thai Beverage Public Company Limited | January 30, 2026 | Approve ThaiBev Long Term Incentive Plan 2026 - 2030 | Compensation | Board | AGAINST | 2 | |
| The Buckle, Inc. | June 1, 2026 | Election of Directors: Karen B. Rhoads | Director Elections | Board | WITHHOLD | 2 | |
| The Carlyle Group Inc. | June 3, 2026 | Approval of The Carlyle Group Inc. Amended and Restated 2012 Equity Incentive Plan | Compensation | Board | AGAINST | 2 | |
| The Carlyle Group Inc. | June 3, 2026 | Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay") | Say-on-Pay | Board | AGAINST | 2 | |
| The Federal Bank Limited (India) | August 29, 2025 | Approve Federal Bank Limited Employee Stock Incentive Scheme 2025 | Compensation | Board | AGAINST | 2 | |
| The Gap, Inc. | May 12, 2026 | Election of Directors: Robert J. Fisher | Director Elections | Board | AGAINST | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.