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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
Great Wall Motor Company Limited June 26, 2026 Authority to Issue A and/or H Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Greek Organisation of Football Prognostics S.A. January 7, 2026 Remuneration Policy Compensation Board AGAINST 1
Grifols SA June 17, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Grifols SA June 17, 2026 Amend Remuneration Policy Compensation Board AGAINST 1
Grifols SA June 17, 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
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Alejandra Yazmin Soto Ayech as Director of Series B Shareholders Director Elections Board AGAINST 1
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Angel Losada Moreno as Director of Series B Shareholders Director Elections Board AGAINST 1
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Board Chair Director Elections Board AGAINST 1
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Carlos Cardenas Guzman as Director of Series B Shareholders Director Elections Board AGAINST 1
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Joaquin Vargas Guajardo as Director of Series B Shareholders Director Elections Board AGAINST 1
Grupo Aeroportuario del Pacifico SAB de CV April 22, 2026 Ratify and/or Elect Juan Diez-Canedo Ruiz as Director of Series B Shareholders Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Fernando Chico Pardo as Member of Nominations and Compensations Committee Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Francisco Garza Zambrano as Director Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Guillermo Ortiz Martinez as Chair of Audit Committee Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Guillermo Ortiz Martinez as Director Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Jose Antonio Perez Anton of Nominations and Compensations Committee Director Elections Board AGAINST 1
Grupo Aeroportuario del Sureste SA de CV April 23, 2026 Elect/Ratify Rasmus Christiansen as Director Director Elections Board AGAINST 1
Grupo Carso SAB de CV April 30, 2026 Elect and/or Ratify Directors, Secretary and Deputy Secretary Director Elections Board AGAINST 1
Grupo Carso SAB de CV April 30, 2026 Elect and/or Ratify Members of Audit and Corporate Practices Committee Director Elections Board AGAINST 1
Grupo Mexico SAB de CV April 30, 2026 APPOINTMENT ANDOR RATIFICATION OF THE MEMBERS OF THE COMPANYS BOARD OF DIRECTORS AND ASSESSMENT OF THEIR INDEPENDENCE PURSUANT TO ARTICLE 26 OF THE SECURITIES MARKET LAW, AS WELL AS THE MEMBERS OF THE BOARDS COMMITTEES AND THEIR CHAIRPERSONS. RESOLUTIONS ON THIS MATTER Director Elections Board AGAINST 1
Grupo Mexico SAB de CV April 30, 2026 PROPOSAL REGARDING THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE MEMBERS OF THE BOARDS COMMITTEES. RESOLUTIONS ON THIS MATTER Compensation Board ABSTAIN 1
Grupo Mexico SAB de CV April 30, 2026 RESOLUTION ON THE ALLOCATION OF PROFITS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025 Capital Structure Board ABSTAIN 1
Grupo Mexico SAB de CV April 30, 2026 RESOLUTION REGARDING THE RATIFICATION OF THE COMPANYS EXTERNAL AUDITOR Audit-related Board ABSTAIN 1
Guangdong Electric Power Development Co., Ltd. June 5, 2026 Approve to Appoint Auditor Audit-related Board AGAINST 1
Guangdong HEC Technology Holding Co., Ltd. October 10, 2025 Approve Authorization of the Board to Handle All Matters Related to Employee Share Purchase Plan Compensation Board AGAINST 1
Guangdong HEC Technology Holding Co., Ltd. October 10, 2025 Approve Draft and Summary of Employee Share Purchase Plan Compensation Board AGAINST 1
Guangdong HEC Technology Holding Co., Ltd. October 10, 2025 Approve Management Method of Employee Share Purchase Plan Compensation Board AGAINST 1
Guangdong HEC Technology Holding Co., Ltd. May 8, 2026 Approve Bill Pool Business Capital Structure Board AGAINST 1
Guangdong HEC Technology Holding Co., Ltd. May 8, 2026 Approve the Estimated Amount of External Guarantees Capital Structure Board AGAINST 1
Gujarat Narmada Valley Fertilizers & Chemicals Limited January 1, 2026 Elect Manoj Kumar Das Director Elections Board AGAINST 1
Guming Holdings Ltd. June 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Guming Holdings Ltd. June 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Guosheng Financial Holding Inc. October 24, 2025 Elect Luo Zhongzhou as Director Director Elections Board AGAINST 1
Guotai Haitong Securities Co. Ltd. April 30, 2026 TO CONSIDER AND APPROVE THE RESOLUTION ON THE GRANT OF GENERAL MANDATE TO THE BOARD TO ISSUE ADDITIONAL A SHARES AND/OR H SHARES Capital Structure Board AGAINST 1
Gur-sel Turizm Tasimacilik ve Servis Ticaret AS May 5, 2026 Appoint Auditor for Sustainability Reporting Audit-related Board AGAINST 1
Gur-sel Turizm Tasimacilik ve Servis Ticaret AS May 5, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Gur-sel Turizm Tasimacilik ve Servis Ticaret AS May 5, 2026 Elect Directors Director Elections Board AGAINST 1
Gur-sel Turizm Tasimacilik ve Servis Ticaret AS May 5, 2026 Ratify External Auditors Audit-related Board AGAINST 1
HANWHA AEROSPACE Co., Ltd. March 24, 2026 Elect Jeon Hyu-jae as Outside Director Director Elections Board AGAINST 1
HANWHA AEROSPACE Co., Ltd. March 24, 2026 Elect Jeon Hyu-jae as a Member of Audit Committee Director Elections Board AGAINST 1
HBL Engineering Limited September 25, 2025 Approve Reappointment and Remuneration of Aluru Jagadish Prasad as Chairman and Managing Director Compensation Board AGAINST 1
HBM Holdings Ltd. June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
HBM Holdings Ltd. June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
HD Hyundai Heavy Industries Co.,Ltd. March 31, 2026 Elect LEE Sang Kyun Director Elections Board AGAINST 1
HD Hyundai Marine Solution Co., Ltd. March 24, 2026 Elect Kwon Jeong-hun as Outside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 1
HD Korea Shipbuilding & Offshore Engineering Co., Ltd. March 31, 2026 Election of Independent Director to Be Appointed as Audit Committee Member: KIM Sae Youn Director Elections Board AGAINST 1
HDB Financial Services Ltd. September 4, 2025 Approve Ratification of HDB Financial Services Limited - Employees Stock Option Scheme - 2014 Compensation Board AGAINST 1
HELLENiQ ENERGY Holdings SA June 25, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
HEXPOL AB May 4, 2026 Approve Long-Term Incentive Plan for Key Employees Compensation Board AGAINST 1
HEXPOL AB May 4, 2026 Approve Remuneration Report Compensation Board AGAINST 1
HEXPOL AB May 4, 2026 Reelect Mikael Ekdahl (Chair), Jesper Wilgodt, Robin Nestor and Mattias Sjodin as Members of Nominating Committee Director Elections Board AGAINST 1
Halozyme Therapeutics, Inc. May 5, 2026 Election of Class I Directors: Bernadette Connaughton Director Elections Board AGAINST 1
Halozyme Therapeutics, Inc. May 5, 2026 Election of Class I Directors: Matthew L. Posard Director Elections Board AGAINST 1
Halyk Bank of Kazakhstan JSC April 23, 2026 Approve Remuneration of Directors and Management Board Compensation Board AGAINST 1
Halyk Bank of Kazakhstan JSC April 23, 2026 Elect Arman Dunayev as Director Director Elections Board AGAINST 1
Halyk Bank of Kazakhstan JSC April 23, 2026 Elect Umut Shayakhmetova as Director Director Elections Board AGAINST 1
Halyk Bank of Kazakhstan JSC April 23, 2026 Elect Zhomart Nurabayev as Director Director Elections Board AGAINST 1
Han's Laser Technology Industry Group Co., Ltd. May 12, 2026 Approve Use of Idle Own Funds for Cash Management Extraordinary Transactions Board AGAINST 1
Hang Lung Properties Limited April 30, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Hang Lung Properties Limited April 30, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Hangzhou First Applied Material Co., Ltd. April 14, 2026 Approve Capital Increase and Share Expansion and Related Party Transaction Extraordinary Transactions Board AGAINST 1
Hangzhou First Applied Material Co., Ltd. April 29, 2026 Approve 2026 Remuneration of Directors and Senior Management Members Compensation Board AGAINST 1
Hangzhou Oxygen Plant Group Co., Ltd. May 19, 2026 Approve Application of Credit Lines Capital Structure Board AGAINST 1
Hansoh Pharmaceutical Group Company Limited June 26, 2026 Adopt 2026 Share Scheme Compensation Board AGAINST 1
Hansoh Pharmaceutical Group Company Limited June 26, 2026 Adopt Scheme Mandate Limit Under the 2026 Share Scheme Compensation Board AGAINST 1
Hansoh Pharmaceutical Group Company Limited June 26, 2026 Adopt Service Provider Sublimit Under the 2026 Share Scheme Compensation Board AGAINST 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Candido Pinheiro Koren de Lima Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Candido Pinheiro Koren de Lima Junior Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Carlos Augusto Leone Piani Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Carlos Massaru Takahashi Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Dissident Nominee Bruno Magalhaes e Silva Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Jorge Fontoura Pinheiro Koren de Lima Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Jose Gallo Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Jose Luis Camargo Junior Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Maria Paula Soares Aranha Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Allocate Cumulative Votes to Nicola Calicchio Neto Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Candido Pinheiro Koren de Lima Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Candido Pinheiro Koren de Lima Junior Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Carlos Augusto Leone Piani Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Carlos Massaru Takahashi Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Dissident Nominee Bruno Magalhaes e Silva Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Dissident Nominee Eduardo Parente Menezes Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Dissident Nominee Tania Sztamfater Chocolat Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Jorge Fontoura Pinheiro Koren de Lima Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Jose Gallo Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Jose Luis Camargo Junior Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Elect Nicola Calicchio Neto Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Remuneration Policy Compensation Board AGAINST 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Request Establishment of Supervisory Council Director Elections Board ABSTAIN 1
Hapvida Participacoes e Investimentos S.A. April 30, 2026 Request Separate Election for Board Member Director Elections Board ABSTAIN 1
Harmony Gold Mining Company Limited November 26, 2025 Elect Zanele Matlala Director Elections Board AGAINST 1
Harvey Norman Holdings Limited November 26, 2025 Elect Kenneth William Gunderson-Briggs as Director Director Elections Board AGAINST 1
Harvey Norman Holdings Limited November 26, 2025 Elect Maurice John Craven as Director Director Elections Board AGAINST 1
Havas NV May 13, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Hayward Holdings, Inc. May 21, 2026 Election of Directors: Arthur Soucy Director Elections Board WITHHOLD 1
Hazama Ando Corp. June 26, 2026 Elect Director Kuniya, Kazuhiko Director Elections Board AGAINST 1
Hefei Meyer Optoelectronic Technology, Inc. April 22, 2026 Elect Hao Xianjin as Director Director Elections Board AGAINST 1
Hefei Meyer Optoelectronic Technology, Inc. April 22, 2026 Elect Pan Lisheng as Director Director Elections Board AGAINST 1
Hefei Meyer Optoelectronic Technology, Inc. April 22, 2026 Elect Tian Ming as Director Director Elections Board AGAINST 1
Hefei Meyer Optoelectronic Technology, Inc. April 22, 2026 Elect Yang Hui as Director Director Elections Board AGAINST 1

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