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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
Cosco Shipping Holdings Co Ltd May 26, 2026 Elect Andrew FAN Chun Wah Director Elections Board AGAINST 1
Cosco Shipping Holdings Co Ltd May 26, 2026 Elect Frederick MA Si Hang Director Elections Board AGAINST 1
Cosco Shipping Holdings Co Ltd May 26, 2026 Elect SHEN Dou Director Elections Board AGAINST 1
Cosco Shipping Holdings Co Ltd May 26, 2026 Elect WU Heng Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Authorize Board to Exclude Preemptive Rights from Share Issuances Under the Authorizations Mentioned in Proposal 13 Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital Plus Additional 10 Percent in Case of Takeover/Merger Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital for the Employee Stock Ownership Plan Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect John O'Dea as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Maria Grazia Roncarolo as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Silvana Perretta as Non-Executive Director Director Elections Board AGAINST 1
Cranswick Plc July 28, 2025 Approve Remuneration Committee Report Compensation Board AGAINST 1
Create SD Holdings Co., Ltd. August 22, 2025 Elect Director Hirose, Taizo Director Elections Board AGAINST 1
Create SD Holdings Co., Ltd. August 22, 2025 Elect Director Yamamoto, Hisao Director Elections Board AGAINST 1
Create SD Holdings Co., Ltd. August 22, 2025 Elect Director and Audit Committee Member Ueda, Makoto Director Elections Board AGAINST 1
Credito Emiliano SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Criteo SA June 29, 2026 non-binding advisory vote to approve the compensation for the named executive officers of the Company, Say-on-Pay Board (inferred) AGAINST 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Elect Directors Director Elections Board AGAINST 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Elect Elie Horn and Rogerio Frota Melzi as Board Co-Chair Director Elections Board AGAINST 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Afonso Santanna Bevilaqua as Independent Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Elie Horn as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Fernando Goldsztein as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect George Zausner as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Joao Cesar De Queiroz Tourinho as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Marcela Dutra Drigo as Independent Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Rafael Novellino as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Ricardo Cunha Sales as Independent Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Rogerio Frota Melzi as Director Director Elections Board ABSTAIN 1
Cyrela Brazil Realty SA Empreendimentos e Participacoes April 30, 2026 Percentage of Votes to Be Assigned - Elect Sergio Agapito Pires Rial as Director Director Elections Board ABSTAIN 1
D&D Pharmatech Co., Ltd. March 30, 2026 Approve Stock Option Grants Compensation Board AGAINST 1
DELL TECHNOLOGIES INC. June 25, 2026 Approval, on a non-binding, advisory basis, of the compensation of Dell Technologies Inc.'s named executive officers as disclosed in the proxy statement Say-on-Pay Board AGAINST 1
DEME Group NV May 20, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
DEME Group NV May 20, 2026 Approve Remuneration Report Compensation Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Christian Labeyrie as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect John-Eric Bertrand as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Koen Janssen as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Luc Bertrand as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Luc Vandenbulcke as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Pas de Mots BV, Represented by Leen Geirnaerdt, as Independent Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Piet Dejonghe as Director Director Elections Board AGAINST 1
DEME Group NV May 20, 2026 Reelect Tom Bamelis as Director Director Elections Board AGAINST 1
DFI Retail Group Holdings Ltd. May 7, 2026 Re-elect Christian Nothhaft as Director Director Elections Board AGAINST 1
DMC Global Inc. May 13, 2026 Election of Directors: Michael A. Kelly Director Elections Board WITHHOLD 1
DMC Global Inc. May 13, 2026 Election of Directors: Ouma Sananikone Director Elections Board WITHHOLD 1
DMC Global Inc. May 13, 2026 Election of Directors: Ruth I. Dreessen Director Elections Board WITHHOLD 1
DOMS Industries Ltd. September 22, 2025 Reelect Ketan Rajani as Director Director Elections Board AGAINST 1
Dai Nippon Printing Co., Ltd. June 26, 2026 Elect Director Kitajima, Yoshinari Director Elections Board AGAINST 1
Dai Nippon Printing Co., Ltd. June 26, 2026 Elect Director Miyajima, Tsukasa Director Elections Board AGAINST 1
Daikokutenbussan Co., Ltd. August 20, 2025 Elect Director Oga, Masahiko Director Elections Board AGAINST 1
Dampskibsselskabet Norden A/S March 11, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 1
Datadog, Inc. April 21, 2026 To approve the redomiciliation of the Company from the State of Delaware to the State of Nevada by conversion. Extraordinary Transactions Board AGAINST 1
Datalogic SpA May 5, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Datalogic SpA May 5, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Dave Inc. June 2, 2026 Director Election: Dan Preston Director Elections Board WITHHOLD 1
Dayforce, Inc. November 12, 2025 A proposal to adopt the Agreement and Plan of Merger, dated as of August 20, 2025 (the "merger agreement"), by and among Dayforce, Inc. ("Dayforce"), Dawn Bidco, LLC and Dawn Acquisition Merger Sub, Inc. Extraordinary Transactions Board AGAINST 1
Dayforce, Inc. November 12, 2025 A proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to Dayforce's named executive officers in connection with the transactions contemplated by the merger agreement, including consummation of the merger. Say-on-Pay Board AGAINST 1
Dazhong Mining Co., Ltd. May 14, 2026 Approve Estimated Amount of Guarantee for Subsidiary Capital Structure Board AGAINST 1
Deep Value Driller AS June 11, 2026 Approve Creation of 20 Percent of Pool of Capital without Preemptive Rights Capital Structure Board AGAINST 1
Deep Yellow Limited November 20, 2025 Approve Issuance of 2025 Loan Shares and Provision of Loan to John Borshoff Compensation Board AGAINST 1
Deep Yellow Limited November 20, 2025 Elect Greg Meyerowitz as Director Director Elections Board AGAINST 1
Deep Yellow Limited November 20, 2025 Elect Victoria Jackson as Director Director Elections Board AGAINST 1
Demant A/S March 5, 2026 Approve Guidelines for Incentive-Based Compensation for Executive Management and Board Compensation Board AGAINST 1
Demant A/S March 5, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 1
Dermapharm Holding SE June 26, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Deutsche Pfandbriefbank AG May 21, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Dicker Data Limited May 27, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Dicker Data Limited May 27, 2026 Approve the Spill Resolution Compensation Board AGAINST 1
DigitalBridge Group, Inc. May 28, 2026 To approve, on a non-binding, advisory basis, named executive officer compensation Say-on-Pay Board (inferred) AGAINST 1
Domino's Pizza Group Plc April 23, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Dongyue Group Limited June 4, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Dongyue Group Limited June 4, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
DoorDash, Inc. June 10, 2026 The election of the following director nominee(s): Milan Kovac Director Elections Board AGAINST 1
DoorDash, Inc. June 10, 2026 The election of the following director nominee(s): Shona L. Brown Director Elections Board AGAINST 1
Doosan Co., Ltd. March 31, 2026 Directors' Fees Compensation Board AGAINST 1
Doosan Co., Ltd. March 31, 2026 Election of Independent Director to Be Appointed as Audit Committee Member: KIM Hye Sung Director Elections Board AGAINST 1
Doosan Enerbility Co., Ltd. March 31, 2026 Directors' Fees Compensation Board AGAINST 1
Draegerwerk AG & Co. KGaA May 8, 2026 Approve Creation of EUR 9.6 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights Capital Structure Board AGAINST 1
Draegerwerk AG & Co. KGaA May 8, 2026 Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 550 Million; Approve Creation of EUR 9.6 Million Pool of Capital to Guarantee Conversion Rights Capital Structure Board AGAINST 1
Duality Biotherapeutics, Inc. June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Duality Biotherapeutics, Inc. June 26, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Duality Biotherapeutics, Inc. June 26, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Dubai Investments PJSC April 23, 2026 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 1
Dubai Investments PJSC April 23, 2026 Elect Board of Director for Three Years Term Director Elections Board AGAINST 1
Dubai Islamic Bank April 1, 2026 Appointment of Auditor and Authority to Set Fees Audit-related Board ABSTAIN 1
Dubai Islamic Bank April 1, 2026 Election of Directors Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Ann Miller Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Kory Marchisotto Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Stephen Gillett Director Elections Board AGAINST 1
Dutch Bros Inc. May 13, 2026 Election of Directors: Travis Boersma Director Elections Board AGAINST 1
Dynapack International Technology Corp. June 11, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect EDDY PENG, with SHAREHOLDER NO.A123736XXX, as Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect ERIC CHANG, with SHAREHOLDER NO.31, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect HARRY HUANG, with SHAREHOLDER NO.15384, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect KEVIN CHANG, with SHAREHOLDER NO.21387, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect KS CHEN, with SHAREHOLDER NO.17, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect KUANGSHU HSUEH, with SHAREHOLDER NO.8285, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect MICHEL WANG, with SHAREHOLDER NO.1, as Non-Independent Director Director Elections Board AGAINST 1
E&R Engineering Corp. June 18, 2026 Elect RAY HOU, with SHAREHOLDER NO.R121437XXX, as Non-Independent Director Director Elections Board AGAINST 1
E2open Parent Holdings, Inc. July 28, 2025 To hold an advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 1

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