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Goldman Sachs 2025-2026: where it broke with the board

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.

Goldman Sachs, 2025-2026 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 recommendedGoldman Sachs votedFunds
China Conch Venture Holdings Limited June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
China Conch Venture Holdings Limited June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
China Enterprise Co., Ltd. June 15, 2026 Approve External Guarantee Plan Capital Structure Board AGAINST 1
China Everbright Bank Company Limited November 14, 2025 Elect LI Yinquan Director Elections Board AGAINST 1
China Everbright Bank Company Limited November 14, 2025 Elect ZHANG Mingwen Director Elections Board AGAINST 1
China Hainan Rubber Industry Group Co., Ltd. May 19, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
China Hainan Rubber Industry Group Co., Ltd. May 19, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
China Hongqiao Group Limited May 19, 2026 TO EXTEND THE GENERAL MANDATE GRANTED TO THE DIRECTORS OF THE COMPANY TO ISSUE, ALLOT AND DEAL WITH THE NEW SHARES OF THE COMPANY REPRESENTING THE TOTAL NUMBER OF THE SHARES REPURCHASED Capital Structure Board AGAINST 1
China Hongqiao Group Limited May 19, 2026 TO GIVE A GENERAL MANDATE TO THE DIRECTORS OF THE COMPANY TO ISSUE, ALLOT AND DEAL WITH THE SHARES OF THE COMPANY NOT EXCEEDING 20% OF THE AGGREGATE NOMINAL AMOUNT OF THE ISSUED SHARE CAPITAL OF THE COMPANY AS AT THE DATE OF PASSING OF THIS RESOLUTION Capital Structure Board AGAINST 1
China Hongqiao Group Limited May 19, 2026 TO RE-ELECT 'MR. WEN XIANJUN' AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR OF THE COMPANY Director Elections Board AGAINST 1
China Life Insurance Company Limited June 25, 2026 Directors' Fees Compensation Board AGAINST 1
China Literature Limited June 2, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
China Literature Limited June 2, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
China Literature Limited June 2, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
China Merchants Shekou Industrial Zone Holdings Co., Ltd. June 9, 2026 Approve Provision of Guarantees to Controlled Subsidiaries Capital Structure Board AGAINST 1
China Minsheng Banking Corp., Ltd. June 17, 2026 Issuance Plan and Authorization for Financial Bonds and Capital Instruments in the Next Five Years Capital Structure Board ABSTAIN 1
China National Building Material Company Limited April 29, 2026 TO CONSIDER AND APPROVE THAT THE GENERAL MANDATE GRANTED TO THE BOARD TO ALLOT, ISSUE AND DEAL WITH SHARES PURSUANT TO THE RESOLUTION SET OUT IN RESOLUTION 7 ABOVE BE AND IS HEREBY EXTENDED BY THE ADDITION THERETO OF SUCH NUMBER OF H SHARES REPRESENTING THE AGGREGATE (PLEASE SEE THE ATTACHED LINK FOR MORE DETAILS) Capital Structure Board AGAINST 1
China National Building Material Company Limited April 29, 2026 TO GIVE A GENERAL MANDATE TO THE BOARD TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL DOMESTIC SHARES NOT EXCEEDING 20% OF THE NUMBER OF DOMESTIC SHARES IN ISSUE AND ADDITIONAL H SHARES NOT EXCEEDING 20% OF THE NUMBER OF H SHARES IN ISSUE AS AT THE DATE OF PASSING THIS (PLEASE SEE THE ATTACHED LINK FOR MORE DETAILS) Capital Structure Board AGAINST 1
China National Medicines Co., Ltd. April 22, 2026 Approve Comprehensive Credit Line Application Capital Structure Board AGAINST 1
China National Software & Service Co., Ltd. May 14, 2026 Approve 2026 Remuneration of Directors Compensation Board AGAINST 1
China Nonferrous Mining Corporation Limited June 25, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
China Nonferrous Mining Corporation Limited June 25, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
China Nonferrous Mining Corporation Limited June 25, 2026 Elect GAO Guangfu Director Elections Board AGAINST 1
China Nonferrous Mining Corporation Limited June 25, 2026 Elect GUAN Huanfei Director Elections Board AGAINST 1
China Pacific Insurance (Group) Co., Ltd. August 29, 2025 Elect WONG Hin Wing Director Elections Board AGAINST 1
China Resources Pharmaceutical Group Limited June 12, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
China Resources Pharmaceutical Group Limited June 12, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
China Resources Pharmaceutical Group Limited June 12, 2026 Elect BAI Xiaosong Director Elections Board AGAINST 1
China Resources Pharmaceutical Group Limited June 12, 2026 Elect SHI Luwen Director Elections Board AGAINST 1
China Ruyi Holdings Limited June 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
China Ruyi Holdings Limited June 22, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
China Ruyi Holdings Limited June 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
China Science Publishing & Media Ltd. July 29, 2025 Amend Management Measures for Performance Appraisal of Company Senior Management Personnel Compensation Board AGAINST 1
China Three Gorges Renewables (Group) Co., Ltd. May 29, 2026 Approve Remuneration of Supervisors Compensation Board AGAINST 1
China United Network Communications Ltd. May 25, 2026 Approve Authorization of Board to Allot, Issue and Handle Additional Shares Capital Structure Board AGAINST 1
China United Network Communications Ltd. May 25, 2026 Approve Provision of Non-financing Guarantee Business Capital Structure Board AGAINST 1
Chofu Seisakusho Co., Ltd. March 19, 2026 Elect Director Kawakami, Yasuo Director Elections Board AGAINST 1
Chofu Seisakusho Co., Ltd. March 19, 2026 Elect Director Yamashita, Gaku Director Elections Board AGAINST 1
Chofu Seisakusho Co., Ltd. March 19, 2026 Elect Director and Audit Committee Member Mukunashi, Keisuke Director Elections Board AGAINST 1
Chongqing Changan Automobile Co. Ltd. March 19, 2026 Approve Internal Loan Capital Structure Board AGAINST 1
Chongqing Zongshen Power Machinery Co., Ltd. September 10, 2025 Amend the Dividend Management System Capital Structure Board AGAINST 1
Chongqing Zongshen Power Machinery Co., Ltd. May 13, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
Chongqing Zongshen Power Machinery Co., Ltd. May 13, 2026 Approve the Company's Financial Management Business Extraordinary Transactions Board AGAINST 1
Ciena Corporation March 26, 2026 Election of three Class II Directors: Joanne B. Olsen Director Elections Board AGAINST 1
Ciena Corporation March 26, 2026 Election of three Class II Directors: Mary G. Puma Director Elections Board AGAINST 1
Cirsa Enterprises SA April 22, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Cirsa Enterprises SA April 22, 2026 Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 20 Percent Capital Structure Board AGAINST 1
Citic Securities Co. June 26, 2026 Authority to Give Guarantees Capital Structure Board AGAINST 1
Clariane SE May 12, 2026 Approve Compensation of Sophie Boissard, CEO Compensation Board AGAINST 1
Clariane SE May 12, 2026 Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries, up to Aggregate Nominal Amount of EUR 1,070,264 Capital Structure Board AGAINST 1
Clariane SE May 12, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 1
Claritev Corporation April 29, 2026 Approval of the Amendment to the Claritev Corporation 2020 Omnibus Incentive Plan. Compensation Board AGAINST 1
Clarkson Plc May 7, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Clarkson Plc May 7, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Clarkson Plc May 7, 2026 Re-elect Laurence Hollingworth as Director Director Elections Board AGAINST 1
Clarkson Plc May 7, 2026 Re-elect Martine Bond as Director Director Elections Board AGAINST 1
Clarkson Plc May 7, 2026 Re-elect Tim Miller as Director Director Elections Board AGAINST 1
Cleanaway Waste Management Limited October 21, 2025 Approve Grant of Restricted Shares to Mark Schubert under the Deferred Equity Plan Compensation Board AGAINST 1
Cleanaway Waste Management Limited October 21, 2025 Approve Remuneration Report Compensation Board AGAINST 1
Cleanaway Waste Management Limited October 21, 2025 Elect Jackie McArthur as Director Director Elections Board AGAINST 1
Climb Bio, Inc. June 5, 2026 The approval of an amendment to our 2021 Equity Incentive Plan to amend the provision providing for an automatic share pool increase to include prefunded warrants in the calculation of the annual increase; and Compensation Board AGAINST 1
Coal India Limited August 28, 2025 Elect Achyut Ghatak Director Elections Board AGAINST 1
Coal India Limited August 28, 2025 Elect Ashish Chatterjee Director Elections Board AGAINST 1
Coal India Limited August 28, 2025 Elect Bhojarajan Rajesh Chander Director Elections Board AGAINST 1
Coal India Limited August 28, 2025 Elect Kamesh Kant Acharya Director Elections Board AGAINST 1
Coal India Limited August 28, 2025 Elect Punambhai Kalabhai Makwana Director Elections Board AGAINST 1
Colliers International Group Inc. March 31, 2026 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 1
Colliers International Group Inc. March 31, 2026 Amend Stock Option Plan Compensation Board AGAINST 1
Colliers International Group Inc. March 31, 2026 Elect Director Benjamin F. Stein Director Elections Board WITHHOLD 1
Colliers International Group Inc. March 31, 2026 Elect Director Katherine M. Lee Director Elections Board WITHHOLD 1
Colliers International Group Inc. March 31, 2026 Elect Director P. Jane Gavan Director Elections Board WITHHOLD 1
Colonial SFL SOCIMI SA June 17, 2026 Approve Long-Term Incentive Plan Compensation Board AGAINST 1
Colonial SFL SOCIMI SA June 17, 2026 Authorize Issuance of Convertible Bonds, Debentures, Warrants, and Other Debt Securities with Exclusion of Preemptive Rights up to 20 Percent of Capital Capital Structure Board AGAINST 1
Columbia Financial, Inc. June 25, 2026 The approval, on an advisory (non-binding) basis, of the compensation of Columbia Financial's named executive officers Say-on-Pay Board AGAINST 1
Columbia Financial, Inc. June 25, 2026 The election of directors to a three-year term: Robert Van Dyk Director Elections Board WITHHOLD 1
Commercial Metals Company January 14, 2026 Election of three director nominees to serve as Class I directors until the 2029 annual meeting of stockholders: Dawne S. Hickton Director Elections Board AGAINST 1
Compagnie des Alpes SA March 11, 2026 Approve Compensation of Dominique Thillaud, CEO Compensation Board AGAINST 1
Compagnie des Alpes SA March 11, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 1
Compagnie des Alpes SA March 11, 2026 Authorize up to 2 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 1
Compagnie des Alpes SA March 11, 2026 Reelect Anne Yannic as Director Director Elections Board AGAINST 1
Companhia de Saneamento do Parana April 29, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Demetrius Nichele Macei as Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Diane Agustini as Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Eduardo Francisco Sciarra as Independent Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Joao Biral Junior as Independent Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Milton Jose Paizani as Independent Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Rafael Lamastra Junior as Independent Director Director Elections Board ABSTAIN 1
Companhia de Saneamento do Parana April 29, 2026 Percentage of Votes to Be Assigned - Elect Wilson Bley Lipski as Independent Director Director Elections Board ABSTAIN 1
Compania Sud Americana de Vapores SA April 27, 2026 Elect Directors Director Elections Board AGAINST 1
Compass, Inc. May 14, 2026 Election of Class II Directors: Charles Phillips Director Elections Board AGAINST 1
Construcciones y Auxiliar de Ferrocarriles SA June 13, 2026 Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 20 Percent Capital Structure Board AGAINST 1
Consun Pharmaceutical Group Limited December 23, 2025 Adopt Service Provider Sublimit Compensation Board AGAINST 1
Consun Pharmaceutical Group Limited December 23, 2025 Adopt Share Award Scheme Compensation Board AGAINST 1
Consun Pharmaceutical Group Limited May 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Consun Pharmaceutical Group Limited May 26, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Contemporary Amperex Technology Co. Limited December 25, 2025 GENERAL AUTHORIZATION FOR THE ADDITIONAL H-SHARE OFFERING Capital Structure Board AGAINST 1
Contemporary Amperex Technology Co. Limited April 3, 2026 2026 Employee A-Share Ownership Plan (Draft) and Its Summary Compensation Board AGAINST 1
Contemporary Amperex Technology Co. Limited April 3, 2026 General Mandate for the Additional H-Share Offering Capital Structure Board AGAINST 1
Corbion NV May 13, 2026 Grant Board Authority to Issue Shares Up to 10 Percent of Issued Capital in Case of Mergers, Acquisitions, or Strategic Alliances Capital Structure Board AGAINST 1
Coromandel International Limited July 24, 2025 Elect Arun Alagappan Director Elections Board AGAINST 1

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