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At least 6,000 proposals in the 2025-2026 proxy season: Goldman Sachs voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 0 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Goldman Sachs 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
6,000 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 | Goldman Sachs voted | Funds |
|---|---|---|---|---|---|---|---|
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Authorization of the Board to Handle All Matters Related to Strivers Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Draft and Summary on Key Employee Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Draft and Summary on Operator Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Draft and Summary on Strivers Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Management Measures for the Key Employee Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Management Measures for the Operator Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | September 8, 2025 | Approve Management Measures for the Strivers Stock Ownership Plan | Compensation | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | December 25, 2025 | Approve Provision of Guarantee for Purchase of Raw Materials for Subsidiary | Capital Structure | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | December 25, 2025 | Approve Provision of Guarantee for the Company and Controlled Subsidiary | Capital Structure | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | May 13, 2026 | Approve General Mandate Granted to the Board to Issue Additional Shares | Capital Structure | Board | AGAINST | 2 | |
| Muyuan Foods Co., Ltd. | May 13, 2026 | Approve Provision of Guarantees for Raw Material Procurement Payments of Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| Mycronic AB | May 6, 2026 | Approve Equity Plan Financing | Compensation | Board | AGAINST | 2 | |
| Mycronic AB | May 6, 2026 | Approve Performance Based Share Plan LTIP 2026 | Compensation | Board | AGAINST | 2 | |
| Mycronic AB | May 6, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| NBT Bancorp Inc. | May 19, 2026 | To approve, on a non-binding, advisory basis, the compensation of NBT Bancorp Inc.'s named executive officers ("Say on Pay"). | Say-on-Pay | Board | AGAINST | 2 | |
| NCC AB | May 5, 2026 | Approve Alternative Equity Plan Financing | Compensation | Board | AGAINST | 2 | |
| NCC AB | May 5, 2026 | Approve Performance Share Incentive Plan LTI 2026 | Compensation | Board | AGAINST | 2 | |
| NCC AB | May 5, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| NCC AB | May 5, 2026 | Approve Transfer of Class B Shares to Participants of LTI 2026 Program | Compensation | Board | AGAINST | 2 | |
| NEXON Co., Ltd. | March 25, 2026 | Approve Deep Discount Stock Option Plan | Compensation | Board | AGAINST | 2 | |
| NEXON Co., Ltd. | March 25, 2026 | Elect Director Junghun Lee | Director Elections | Board | AGAINST | 2 | |
| NEXON Co., Ltd. | March 25, 2026 | Elect Director and Audit Committee Member Hanmin Cho | Director Elections | Board | AGAINST | 2 | |
| NEXON Co., Ltd. | March 25, 2026 | Elect Director and Audit Committee Member Kuniya, Shiro | Director Elections | Board | AGAINST | 2 | |
| NI Holdings, Inc. | May 19, 2026 | Advisory Vote to Approve the Compensation of our Named Executive Officers. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| NKT A/S | March 25, 2026 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 2 | |
| NMDC Limited | August 28, 2025 | Elect Amitava Mukherjee as Director and Approve Appointment of Amitava Mukherjee as Chairman and Managing Director | Director Elections | Board | AGAINST | 2 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Harima, Etsu | Director Elections | Board | AGAINST | 2 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Kawakami, Ryo | Director Elections | Board | AGAINST | 2 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Kitani, Yasuo | Director Elections | Board | AGAINST | 2 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Murakoshi, Akira | Director Elections | Board | AGAINST | 2 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Ukai, Eiichi | Director Elections | Board | AGAINST | 2 | |
| Nan Ya Printed Circuit Board Corp | May 14, 2026 | Elect WEN-YUAN WONG, a Representative of NAN YA PLASTICS CORP. as Non-independent Director | Director Elections | Board | AGAINST | 2 | |
| Nanjing Iron & Steel Co., Ltd. | January 26, 2026 | Approve Application of Bank Credit Lines | Capital Structure | Board | AGAINST | 2 | |
| Nanjing Iron & Steel Co., Ltd. | January 26, 2026 | Approve Provision of Guarantees for Wholly-Owned and Controlled Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| Nanjing Securities Co., Ltd. | November 19, 2025 | Amend Performance Evaluation and Remuneration Management System for Directors, Supervisors and Senior Management Members | Compensation | Board | AGAINST | 2 | |
| Navigator Holdings Ltd. | June 15, 2026 | Elect Director Peter Stokes | Director Elections | Board | WITHHOLD | 2 | |
| Navinfo Co., Ltd. | October 15, 2025 | Approve Authorization of the Board to Handle All Related Matters | Extraordinary Transactions | Board | AGAINST | 2 | |
| Navinfo Co., Ltd. | October 15, 2025 | Approve External Investment and Financial Assistance | Extraordinary Transactions | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Approve Annual Maximum Remuneration | Compensation | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Approve Management Incentive Plan | Compensation | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Reelect Alfonso Rodes Vila as Director | Director Elections | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Reelect Anna M. Birules Bertran as Director | Director Elections | Board | AGAINST | 2 | |
| Neinor Homes SA | April 7, 2026 | Reelect Ricardo Marti Fluxa as Director | Director Elections | Board | AGAINST | 2 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| NetEase Cloud Music Inc. | June 23, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Netweb Technologies India Ltd. | March 20, 2026 | Approve Reappointment and Remuneration of Niraj Lodha as Whole Time Director | Compensation | Board | AGAINST | 2 | |
| Netweb Technologies India Ltd. | March 20, 2026 | Approve Reappointment and Remuneration of Sanjay Lodha as Chairman and Managing Director | Compensation | Board | AGAINST | 2 | |
| Netweb Technologies India Ltd. | March 20, 2026 | Approve Reappointment and Remuneration of Vivek Lodha as Whole Time Director | Compensation | Board | AGAINST | 2 | |
| New China Life Insurance Company Ltd. | June 26, 2026 | Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic Auditor and Deloitte Touche Tohmatsu as International Auditor and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| NextDC Ltd. | November 13, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| NextDecade Corporation | June 3, 2026 | To approve, on an advisory basis, compensation of the Company's named executive officers; | Say-on-Pay | Board | AGAINST | 2 | |
| Nicolet Bankshares, Inc. | January 26, 2026 | Amendment to Nicolet's Articles to Increase Authorized Shares. A proposal to amend Nicolet's Articles of Incorporation, as amended, (the "Nicolet Articles") to increase the number of authorized shares of Nicolet's common stock, par value $0.01, from 30,000,000 to 60,000,000 shares. | Capital Structure | Board | AGAINST | 2 | |
| Nicolet Bankshares, Inc. | May 18, 2026 | Approval, on a non-binding advisory basis, of the compensation paid to Nicolet's named executive officers. | Say-on-Pay | Board | AGAINST | 2 | |
| Nikon Corp. | June 26, 2026 | Elect Director Omura, Yasuhiro | Director Elections | Board | AGAINST | 2 | |
| Nikon Corp. | June 26, 2026 | Elect Director Tokunari, Muneaki | Director Elections | Board | AGAINST | 2 | |
| Ningbo Deye Technology Co., Ltd. | September 16, 2025 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 2 | |
| Ningbo Deye Technology Co., Ltd. | September 16, 2025 | Approve Draft and Summary of Employee Share Purchase Plan | Compensation | Board | AGAINST | 2 | |
| Ningbo Deye Technology Co., Ltd. | September 16, 2025 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 2 | |
| Ningbo Joyson Electronic Corp. | December 24, 2025 | Approve Provision of Guarantees Among Subsidiaries | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Joyson Electronic Corp. | May 12, 2026 | Approve Estimated Guarantee Limits | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Joyson Electronic Corp. | May 12, 2026 | Approve General Mandate to Issue H Shares | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Joyson Electronic Corp. | May 12, 2026 | Approve Issuance of Ultra-short-term Financing Bills, Short-term Financing Bills and Medium-term Notes | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Joyson Electronic Corp. | May 12, 2026 | Authorize the Board to Handle, at Its Full Discretion, Applications by the Company and Its Subsidiaries for Comprehensive Credit Facilities from Relevant Financial Institutions | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Orient Wires & Cable Co., Ltd. | April 21, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 2 | |
| Ningbo Sanxing Medical Electric Co., Ltd. | May 15, 2026 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Tuopu Group Co., Ltd. | April 29, 2026 | Approve Bill Pool Business | Capital Structure | Board | AGAINST | 2 | |
| Ningbo Tuopu Group Co., Ltd. | April 29, 2026 | Approve Estimated Amount of External Guarantees | Capital Structure | Board | AGAINST | 2 | |
| Nishi-Nippon Financial Holdings, Inc. | June 26, 2026 | Elect Director Murakami, Hideyuki | Director Elections | Board | AGAINST | 2 | |
| Nishi-Nippon Financial Holdings, Inc. | June 26, 2026 | Elect Director Tanigawa, Hiromichi | Director Elections | Board | AGAINST | 2 | |
| Nissan Motor Co., Ltd. | June 23, 2026 | Elect Director Ivan Espinosa | Director Elections | Board | AGAINST | 2 | |
| Nkarta, Inc. | June 10, 2026 | Election of two directors to serve until the company's 2029 annual meeting of stockholders and until their respective successors are duly elected and qualified: Ali Behbahani, M.D., M.B.A. | Director Elections | Board | WITHHOLD | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Approve Stock Option Plan | Compensation | Board | AGAINST | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Hayashi, Fumiko | Director Elections | Board | AGAINST | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Hiramoto, Kazuo | Director Elections | Board | AGAINST | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Kunii, Hirofumi | Director Elections | Board | AGAINST | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Nukumori, Hajime | Director Elections | Board | AGAINST | 2 | |
| Nojima Co., Ltd. | June 19, 2026 | Elect Director Yamada, Ryuji | Director Elections | Board | AGAINST | 2 | |
| Nongfu Spring Co., Ltd. | May 19, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Nongfu Spring Co., Ltd. | May 19, 2026 | Elect Gu Zhaoyang as Director | Director Elections | Board | AGAINST | 2 | |
| North Industries Group Red Arrow Co., Ltd. | May 15, 2026 | Approve Provision of Internal Entrusted Loan | Capital Structure | Board | AGAINST | 2 | |
| Northeast Bank | November 18, 2025 | To elect the three nominees named in the proxy statement as Class III directors, each to serve until the 2028 annual meeting and until their respective successors are duly elected and qualified: John C. Orestis | Director Elections | Board | WITHHOLD | 2 | |
| Northwest Bancshares, Inc. | May 20, 2026 | An advisory, non-binding resolution to approve the executive compensation described in the Proxy Statement. | Say-on-Pay | Board | AGAINST | 2 | |
| Norwood Financial Corp | April 28, 2026 | Election of Directors: Kevin M. Lamont | Director Elections | Board | WITHHOLD | 2 | |
| Novavax, Inc. | June 18, 2026 | Amendment and restatement of the Novavax, Inc. 2013 Employee Stock Purchase Plan, as amended (the "ESPP"), to increase the number of shares of Common Stock available for issuance under the ESPP by 1,000,000 shares, such that the number of shares available for issuance is the lesser of (a) 3,375,888 shares of Common Stock increased on January 1 of each year by 5% of the share pool and (b) 4,820,564 shares of Common Stock. | Compensation | Board | AGAINST | 2 | |
| Novonesis (Novozymes A/S) | March 23, 2026 | Reelect Cornelis (Cees) de Jong (Chair) as Director | Director Elections | Board | ABSTAIN | 2 | |
| Novonesis (Novozymes A/S) | March 23, 2026 | Reelect Kasim Kutay Lane as Director | Director Elections | Board | ABSTAIN | 2 | |
| Novonesis (Novozymes A/S) | March 23, 2026 | Reelect Kim Stratton as Director | Director Elections | Board | ABSTAIN | 2 | |
| Nuvama Wealth Management Ltd. | September 24, 2025 | Reelect Nikhil Kumar Srivastava as Director | Director Elections | Board | AGAINST | 2 | |
| OFILM Group Co., Ltd. | December 29, 2025 | Approve Acquisition of Equity and Related Party Transaction | Extraordinary Transactions | Board | AGAINST | 2 | |
| OFILM Group Co., Ltd. | February 12, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 2 | |
| OPC Energy Ltd. | December 25, 2025 | Reappoint KPMG Somekh Chaikin as Auditors | Audit-related | Board | AGAINST | 2 | |
| ORACLE CORPORATION | November 18, 2025 | Advisory Vote to Approve the Compensation of our Named Executive Officers | Say-on-Pay | Board | AGAINST | 2 | |
| ORION Corp. (Korea) | March 26, 2026 | Elect Heo In-cheol as Inside Director | Director Elections | Board | AGAINST | 2 | |
| ORION Corp. (Korea) | March 26, 2026 | Elect Song Chan-yeop as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 2 | |
| OSI Systems, Inc. | December 11, 2025 | Advisory vote to approve the Company's named executive officer compensation for the fiscal year ended June 30, 2025. | Say-on-Pay | Board | AGAINST | 2 | |
| OSI Systems, Inc. | December 11, 2025 | Election of Directors: James B. Hawkins | Director Elections | Board | AGAINST | 2 | |
| OSI Systems, Inc. | December 11, 2025 | Election of Directors: William F. Ballhaus | Director Elections | Board | AGAINST | 2 |
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Built November 8, 2026 from SEC Form N-PX filings.