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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
Iveco Group NV June 17, 2026 Reelect Linda Knoll as Non-Executive Director Director Elections Board AGAINST 1
Iveco Group NV June 17, 2026 Reelect Tufan Erginbilgic as Non-Executive Director Director Elections Board AGAINST 1
Izdemir Enerji Elektrik Uretim AS April 14, 2026 Appoint Auditor for Sustainability Reporting Audit-related Board AGAINST 1
Izdemir Enerji Elektrik Uretim AS April 14, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Izdemir Enerji Elektrik Uretim AS April 14, 2026 Ratify External Auditors Audit-related Board AGAINST 1
J&T Global Express Limited June 25, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
J&T Global Express Limited June 25, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
J.B. Chemicals & Pharmaceuticals Ltd. August 6, 2025 Approve Reappointment and Remuneration of Nikhil Chopra as Chief Executive Officer and Whole-Time Director Compensation Board AGAINST 1
J.B. Chemicals & Pharmaceuticals Ltd. August 6, 2025 Approve Revision in Remuneration of Nikhil Chopra as Chief Executive Officer and Whole-Time Director Compensation Board AGAINST 1
J.B. Chemicals & Pharmaceuticals Ltd. August 6, 2025 Reelect Gaurav Trehan as Director Director Elections Board AGAINST 1
JAMES HARDIE INDUSTRIES PLC October 29, 2025 To receive and consider the remuneration report for fiscal year 2025 Say-on-Pay Board AGAINST 1
JCDecaux SE May 13, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
JCDecaux SE May 13, 2026 Approve Compensation of Emmanuel Bastide, David Bourg and Daniel Hofer, Management Board Members Compensation Board AGAINST 1
JCDecaux SE May 13, 2026 Approve Issuance of Equity or Equity-Linked Securities Reserved for One or More Specifically Designated Persons, up to Aggregate Nominal Amount of EUR 1.9 Million Capital Structure Board AGAINST 1
JCDecaux SE May 13, 2026 Reelect Gerard Degonse as Supervisory Board Member Director Elections Board AGAINST 1
JD Health International Inc. June 29, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
JD Health International Inc. June 29, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
JD Health International Inc. June 29, 2026 Elect Richard LIU Qiangdong Director Elections Board AGAINST 1
JD Logistics Inc June 29, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
JD Logistics Inc June 29, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
JD Logistics Inc June 29, 2026 Elect Hermes TANG Yi Hoi Director Elections Board AGAINST 1
JHSF Participacoes SA February 27, 2026 Approve Stock Option Plan Compensation Board AGAINST 1
JK Lakshmi Cement Limited September 26, 2025 Approve Appointment and Remuneration of Shrivats Singhania as Deputy Managing Director Compensation Board AGAINST 1
JK Lakshmi Cement Limited September 26, 2025 Elect Sadhu Ram Bansal as Director Director Elections Board AGAINST 1
JK Lakshmi Cement Limited September 26, 2025 Reelect Raghupati Singhania as Director Director Elections Board AGAINST 1
JNK India Ltd. September 25, 2025 Approve Loans, Guarantee and Securities under Section 185 of the Companies Act, 2013 Capital Structure Board AGAINST 1
JNK India Ltd. September 25, 2025 Approve Professional Fees for Technical Consultancy Services to Bang Hee Kim as Non-Executive Director Compensation Board AGAINST 1
JSW Cement Ltd. March 29, 2026 Reelect Pankaj Kulkarni as Director Director Elections Board AGAINST 1
JSW Dulux Limited April 26, 2026 Elect Sutapa Banerjee as Director Director Elections Board AGAINST 1
JTEKT Corp. June 25, 2026 Elect Director Kondo, Yoshihito Director Elections Board AGAINST 1
Jantsa Jant Sanayi ve Ticaret AS April 15, 2026 Appoint Auditor for Sustainability Reporting Audit-related Board AGAINST 1
Jantsa Jant Sanayi ve Ticaret AS April 15, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Janux Therapeutics, Inc. June 11, 2026 To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in the proxy statement. Say-on-Pay Board AGAINST 1
Japan Airport Terminal Co., Ltd. June 25, 2026 Elect Director Tanaka, Kazuhito Director Elections Board AGAINST 1
Jason Furniture (Hangzhou) Co., Ltd. May 13, 2026 Approve Extension of Authorization of the Board on Issuance of Shares to Specific Targets Capital Structure Board AGAINST 1
Jason Furniture (Hangzhou) Co., Ltd. May 13, 2026 Approve Extension of Resolution Validity Period of Issuance of Shares to Specific Targets Capital Structure Board AGAINST 1
Jason Furniture (Hangzhou) Co., Ltd. May 13, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
Jiangsu Changshu Rural Commercial Bank Co., Ltd. August 11, 2025 Approve Merger by Absorption of Changzhou Zhonglou Changjiang Rural Bank Co., Ltd. Extraordinary Transactions Board AGAINST 1
Jiangsu Changshu Rural Commercial Bank Co., Ltd. August 11, 2025 Approve Merger by Absorption of Yancheng Binhai Xingfu Rural Bank Co., Ltd. Extraordinary Transactions Board AGAINST 1
Jiangsu Changshu Rural Commercial Bank Co., Ltd. August 11, 2025 Approve Merger by Absorption of Zhenjiang Runzhou Changjiang Rural Bank Co., Ltd. Extraordinary Transactions Board AGAINST 1
Jiangsu Financial Leasing May 14, 2026 Approve Authorization for the Board of Directors to Decide on Interim Profit Distribution Capital Structure Board AGAINST 1
Jiangsu Guoxin Corp. Ltd. December 18, 2025 Elect Ding Xuchun as Director Director Elections Board AGAINST 1
Jiangsu Guoxin Corp. Ltd. December 18, 2025 Elect Wen Subin as Director Director Elections Board AGAINST 1
Jiangsu Guoxin Corp. Ltd. December 18, 2025 Elect Zhang Hongfa as Director Director Elections Board AGAINST 1
Jiangsu Guoxin Corp. Ltd. May 15, 2026 Approve Formulation of Remuneration Management System for Directors and Senior Management Members Compensation Board AGAINST 1
Jiangsu Guoxin Corp. Ltd. May 15, 2026 Approve Purchase of Asset Management Products in the Next 12 Months Extraordinary Transactions Board AGAINST 1
Jiangsu Hengrui Pharmaceuticals Co. Ltd. April 16, 2026 Board Authorization to Issue Additional Company Shares Capital Structure Board AGAINST 1
Jiangsu Jiejie Microelectronics Co., Ltd. May 7, 2026 Approve Credit Line Application and Provision of Guarantee Capital Structure Board AGAINST 1
Jiangxi Jovo Energy Co., Ltd. May 14, 2026 Approve Futures and Derivatives Business Capital Structure Board AGAINST 1
Jiangxi Jovo Energy Co., Ltd. May 14, 2026 Approve the Estimated Guarantee Amount Capital Structure Board AGAINST 1
Jiangxi Zhengbang Technology Co., Ltd. May 20, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
Jinko Solar Co., Ltd. May 20, 2026 Approve to Appoint Auditor Audit-related Board AGAINST 1
Jins Holdings, Inc. November 27, 2025 Elect Director Kotani, Noboru Director Elections Board AGAINST 1
Jm AB April 16, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reappoint Catherine Muehlemann as Member of the Compensation and Nomination Committee Director Elections Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reappoint Hanspeter Ruefenacht as Member of the Compensation and Nomination Committee Director Elections Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reappoint Thomas Ruoff as Member of the Compensation and Nomination Committee Director Elections Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reelect Catherine Muehlemann as Director Director Elections Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reelect Hanspeter Ruefenacht as Director Director Elections Board AGAINST 1
Jungfraubahn Holding AG May 11, 2026 Reelect Thomas Ruoff as Director Director Elections Board AGAINST 1
K+S AG May 12, 2026 Approve Management Board Remuneration Policy Compensation Board AGAINST 1
KDX Realty Investment Corp. July 25, 2025 Elect Supervisory Director Yamanaka, Satoru Director Elections Board AGAINST 1
KEYENCE Corp. June 12, 2026 Elect Director Nakata, Yu Director Elections Board AGAINST 1
KOMATSU MATERE Co., Ltd. June 24, 2026 Elect Director Nakayama, Daisuke Director Elections Board AGAINST 1
KOMATSU MATERE Co., Ltd. June 24, 2026 Elect Director Sasaki, Hisae Director Elections Board AGAINST 1
KRUK SA May 26, 2026 Approve Remuneration Report Compensation Board AGAINST 1
KRUK SA May 26, 2026 Elect Supervisory Board Members Director Elections Board AGAINST 1
KULR Technology Group, Inc. November 21, 2025 Election of Directors: Donna H. Grier Director Elections Board WITHHOLD 1
KULR Technology Group, Inc. November 21, 2025 Election of Directors: Joanna D. Massey Director Elections Board WITHHOLD 1
KURABO INDUSTRIES LTD. June 26, 2026 Elect Director Fujita, Haruya Director Elections Board AGAINST 1
KURABO INDUSTRIES LTD. June 26, 2026 Elect Director Nishigaki, Shinji Director Elections Board AGAINST 1
KVH Industries, Inc. June 10, 2026 To approve, on an advisory (non-binding) basis, the compensation of our named executive officers in 2025; and Say-on-Pay Board (inferred) AGAINST 1
Kakao Corp. March 26, 2026 Elect CHA Kyung Jin Director Elections Board AGAINST 1
Kakao Corp. March 26, 2026 Elect CHUNG Shin A Director Elections Board AGAINST 1
Kardex Holding AG April 30, 2026 Ratify PricewaterhouseCoopers AG as Auditors Audit-related Board AGAINST 1
Karman Holdings Inc. April 29, 2026 Election of Directors: Stephen Twitty Director Elections Board WITHHOLD 1
Katilimevim Tasarruf Finansman AS March 12, 2026 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 1
Kaynes Technology India Ltd. September 11, 2025 Amend Kaynes ESOP Scheme 2022 Compensation Board AGAINST 1
Kaynes Technology India Ltd. September 11, 2025 Amend Kaynes ESOP Scheme 2023 Compensation Board AGAINST 1
Kaynes Technology India Ltd. September 11, 2025 Approve to Grant Loans and Guarantees to Any Bodies Corporate and Persons and Investments in Any Body Corporate Under Section 186 of the Companies Act, 2013 Capital Structure Board AGAINST 1
Kaynes Technology India Ltd. September 11, 2025 Reelect Ramesh Kunhikannan as Director Director Elections Board AGAINST 1
Keboda Technology Co., Ltd. May 14, 2026 Approve Credit Line Application and Guarantee Matters Capital Structure Board AGAINST 1
Keboda Technology Co., Ltd. May 14, 2026 Elect Ke Binghua as Director Director Elections Board AGAINST 1
Keboda Technology Co., Ltd. May 14, 2026 Elect Ke Lei as Director Director Elections Board AGAINST 1
Keboda Technology Co., Ltd. May 14, 2026 Elect Lyu Yong as Director Director Elections Board AGAINST 1
Keboda Technology Co., Ltd. May 14, 2026 Elect Ma Jun as Director Director Elections Board AGAINST 1
Keio Corp. June 25, 2026 Elect Director and Audit Committee Member Takekawa, Hiroshi Director Elections Board AGAINST 1
Kenon Holdings Ltd. July 11, 2025 Approve Grant of Awards Under Kenon Holdings Ltd. Share Incentive Plan 2014 and Allotment and Issuance of Ordinary Shares Compensation Board AGAINST 1
Kenon Holdings Ltd. July 11, 2025 Elect Aviad Kaufman as Director Director Elections Board AGAINST 1
Kenon Holdings Ltd. July 11, 2025 Elect Bill Foo as Director Director Elections Board AGAINST 1
Kenon Holdings Ltd. July 11, 2025 Elect Cyril Pierre-Jean Ducau as Director Director Elections Board AGAINST 1
Kenon Holdings Ltd. May 14, 2026 Approve Grant of Awards Under Kenon Holdings Ltd. Share Incentive Plan 2014 and Allotment and Issuance of Ordinary Shares Compensation Board AGAINST 1
Kenon Holdings Ltd. May 14, 2026 Elect Aviad Kaufman as Director Director Elections Board AGAINST 1
Kenon Holdings Ltd. May 14, 2026 Elect Bill Foo as Director Director Elections Board AGAINST 1
Kenon Holdings Ltd. May 14, 2026 Elect Cyril Pierre-Jean Ducau as Director Director Elections Board AGAINST 1
Kerry Properties Limited May 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Kerry Properties Limited May 22, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Kerry Properties Limited May 22, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Kia Corporation March 20, 2026 Directors' Fees Compensation Board AGAINST 1
Kiler Holding AS June 29, 2026 Approve Director Remuneration Compensation Board AGAINST 1

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