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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
Lonking Holdings Limited May 28, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Lonking Holdings Limited May 28, 2026 Elect Ngai Ngan Ying as Director Director Elections Board AGAINST 1
Lonking Holdings Limited May 28, 2026 Elect Qian Shizheng as Director Director Elections Board AGAINST 1
Lonking Holdings Limited May 28, 2026 Elect Yu Taiwei as Director Director Elections Board AGAINST 1
Loongson Technology Corp. Ltd. October 15, 2025 Approve Authorization of the Board to Handle All Related Matters Compensation Board AGAINST 1
Loongson Technology Corp. Ltd. October 15, 2025 Approve Draft and Summary of Performance Share Incentive Plan Compensation Board AGAINST 1
Loongson Technology Corp. Ltd. October 15, 2025 Approve Methods to Assess the Performance of Plan Participants Compensation Board AGAINST 1
Louis Hachette Group SA May 5, 2026 Authorize up to 1.1 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 1
Louis Hachette Group SA May 5, 2026 Reelect Arnaud de Puyfontaine as Director Director Elections Board AGAINST 1
Louis Hachette Group SA May 5, 2026 Reelect Maud Fontenoy as Director Director Elections Board AGAINST 1
Louis Hachette Group SA May 5, 2026 Reelect Sophie Chassat as Director Director Elections Board AGAINST 1
Lunai Bioworks, Inc. October 31, 2025 To approve proposed amendments to the Renovaro Biosciences, Inc. 2023 Equity Incentive Plan, as amended, in substantially the form attached to the proxy statement as Annex A (the "Incentive Plan Proposal"); and Compensation Board AGAINST 1
Lupin Ltd. August 11, 2025 Elect K.B.S. Anand Director Elections Board AGAINST 1
Lupin Ltd. February 13, 2026 Elect Anand Kripalu Director Elections Board AGAINST 1
M-tron Industries, Inc. June 16, 2026 To approve the Second Amended and Restated M-tron Industries, Inc. 2022 Incentive Plan. Compensation Board AGAINST 1
MAIRE SpA April 15, 2026 Approve MAIRE Group's Long-Term Incentive Plan 2026-2028 Compensation Board AGAINST 1
MAIRE SpA April 15, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
MAIRE SpA April 15, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
MARA Holdings, Inc. June 18, 2026 A non-binding, advisory vote on the compensation of our Named Executive Officers ("Say-on-Pay"). Say-on-Pay Board AGAINST 1
MARR SpA April 28, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
MBB SE June 3, 2026 Approve Remuneration Report Compensation Board AGAINST 1
MBB SE June 3, 2026 Reelect Anton Breitkopf to the Supervisory Board Director Elections Board AGAINST 1
MBB SE June 3, 2026 Reelect Christof Nesemeier to the Supervisory Board Director Elections Board AGAINST 1
MBB SE June 3, 2026 Reelect Gert-Maria Freimuth to the Supervisory Board Director Elections Board AGAINST 1
MFE-MEDIAFOREUROPE NV June 24, 2026 Approve Remuneration Report Compensation Board AGAINST 1
MGI Tech Co., Ltd. September 8, 2025 Approve Draft and Summary of Employee Share Purchase Plan (Revised) Compensation Board AGAINST 1
MGI Tech Co., Ltd. September 8, 2025 Approve Draft and Summary of Performance Shares Incentive Plan (Revised) Compensation Board AGAINST 1
MGI Tech Co., Ltd. September 8, 2025 Approve Management Method of Employee Share Purchase Plan (Revised) Compensation Board AGAINST 1
MGI Tech Co., Ltd. September 8, 2025 Approve Performance Shares Incentive Plan Implementation Assessment Management Measures (Revised) Compensation Board AGAINST 1
MGI Tech Co., Ltd. May 27, 2026 Approve Company's Estimated External Guarantee Amount Capital Structure Board AGAINST 1
MGM China Holdings Limited May 14, 2026 Elect Pansy Catilina Chiu King Ho as Director Director Elections Board AGAINST 1
MITSUI E&S Co., Ltd. June 26, 2026 Elect Director Takahashi, Takeyuki Director Elections Board AGAINST 1
MITSUI-SOKO HOLDINGS Co., Ltd. June 25, 2026 Elect Director Koga, Hirobumi Director Elections Board AGAINST 1
MIXUE Group June 26, 2026 Approve Grant of General Mandate to the Board to Issue Shares and Sale or Transfer of Treasury Shares Capital Structure Board AGAINST 1
MIXUE Group June 26, 2026 Approve H Share Award Scheme Compensation Board AGAINST 1
MIXUE Group June 26, 2026 Authorize Board and Its Authorized Persons to Handle Matters Relating to the H Share Award Scheme Compensation Board AGAINST 1
MMG Ltd. May 28, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
MMG Ltd. May 28, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
MNTN, Inc. June 11, 2026 Elect Joseph Kaiser Director Elections Board WITHHOLD 1
MNTN, Inc. June 11, 2026 Elect Pali Bhat Director Elections Board WITHHOLD 1
MPI Corporation June 17, 2026 Elect Brian GREEN as a Non-Independent Director Director Elections Board ABSTAIN 1
MPI Corporation June 17, 2026 Elect Carl LEE as a Non-Independent Director Director Elections Board ABSTAIN 1
MPI Corporation June 17, 2026 Elect HSU Mei-Fang as an Independent Director Director Elections Board ABSTAIN 1
MPI Corporation June 17, 2026 Elect KAO Chin-Cheng as a Non-Independent Director Director Elections Board ABSTAIN 1
Macronix International Company Limited May 27, 2026 Public Offering and/or Private Placement of Securities Capital Structure Board AGAINST 1
Madrigal Pharmaceuticals, Inc. June 17, 2026 Re-election of Class I directors: Julian Baker Director Elections Board WITHHOLD 1
Magyar Telekom Telecommunications Plc April 8, 2026 Amend Remuneration Policy Compensation Board AGAINST 1
Magyar Telekom Telecommunications Plc April 8, 2026 Approve Remuneration Report Compensation Board AGAINST 1
MakeMyTrip Limited September 11, 2025 Reelect Director Mohit Kabra Director Elections Board ABSTAIN 1
MakeMyTrip Limited September 11, 2025 Reelect Director Savinilorna Payandi Pillay Ramen Director Elections Board ABSTAIN 1
Mango Excellent Media Co., Ltd. June 5, 2026 Approve Profit Distribution Capital Structure Board AGAINST 1
Marqeta, Inc. June 10, 2026 Elect Martha Cummings Director Elections Board WITHHOLD 1
Marqeta, Inc. June 10, 2026 To approve, on a non-binding advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Matsui Construction Co., Ltd. June 26, 2026 Elect Director Matsui, Kakuhei Director Elections Board AGAINST 1
Medacta Group SA May 5, 2026 Approve Remuneration for Consulting Services of Directors in the Amount of CHF 150,000 Compensation Board AGAINST 1
MediWound Ltd. February 19, 2026 Increase Number of Ordinary Shares Under Company's Incentive Plan Compensation Board AGAINST 1
Mediobanca Banca di Credito Finanziario SpA April 14, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Mediobanca Banca di Credito Finanziario SpA April 14, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Mediobanca Banca di Credito Finanziario SpA April 14, 2026 Elect Director Director Elections Board AGAINST 1
Meitu, Inc. June 5, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Meitu, Inc. June 5, 2026 Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Meitu, Inc. June 5, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Menicon Co., Ltd. June 26, 2026 Elect Director Kawaura, Koji Director Elections Board AGAINST 1
MercadoLibre, Inc. June 9, 2026 Election of Directors: Class I Nominees: Stelleo Passos Tolda Director Elections Board WITHHOLD 1
Mercurity Fintech Holding Inc. September 15, 2025 Approve Omnibus Stock Plan Compensation Board AGAINST 1
Mercurity Fintech Holding Inc. September 15, 2025 Elect Director Alan Curtis Director Elections Board AGAINST 1
Mercurity Fintech Holding Inc. September 15, 2025 Elect Director Hui Cheng Director Elections Board AGAINST 1
Merus N.V. December 9, 2025 Appointment of Anthony Pagano as non-executive director of Merus Director Elections Board AGAINST 1
Merus N.V. December 9, 2025 Appointment of Greg Mueller as non-executive director of Merus Director Elections Board AGAINST 1
Merus N.V. December 9, 2025 Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Director Elections Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Employee Share Option Plan Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Issuance of Options to Eric Rose Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Issuance of Options to Gregory George Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Issuance of Options to Lyn Cobley Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Issuance of Options to Philip Krause Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Issuance of Options to Silviu Itescu with His Long-Term Incentive Remuneration Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Approve Remuneration Report Compensation Board AGAINST 1
Mesoblast Limited November 25, 2025 Elect Jane Bell as Director Director Elections Board AGAINST 1
Meta Platforms, Inc. May 27, 2026 Election of Directors: Andrew W. Houston Director Elections Board WITHHOLD 1
Meta Platforms, Inc. May 27, 2026 Election of Directors: John Elkann Director Elections Board WITHHOLD 1
Meta Platforms, Inc. May 27, 2026 Election of Directors: Peggy Alford Director Elections Board WITHHOLD 1
Meta Platforms, Inc. May 27, 2026 Election of Directors: Tony Xu Director Elections Board WITHHOLD 1
Metallurgical Corporation of China Ltd. June 29, 2026 Approve Plan of Guarantees Capital Structure Board AGAINST 1
Metals X Limited May 19, 2026 Elect Brett Smith as Director Director Elections Board AGAINST 1
Metropolitan Bank & Trust Company April 22, 2026 Elect Arthur V. Ty Director Elections Board AGAINST 1
Miami International Holdings, Inc June 16, 2026 Elect Talal Jassim Al-Bahar Director Elections Board WITHHOLD 1
MicroPort Scientific Corporation June 30, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
MicroPort Scientific Corporation June 30, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Middlesex Water Company May 19, 2026 Election of Directors: Vaughn L. McKoy Director Elections Board WITHHOLD 1
Middlesex Water Company May 19, 2026 To approve a non-binding advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Millicom International Cellular SA May 20, 2026 Reelect Maria Teresa Arnal as Director Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Carlos A. Migoya (Chair) Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Kathleen B. Lynch Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: M. Allison Mincey Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Matthew B. Gorson Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Patrick J. Bartels Director Elections Board AGAINST 1
Minieye Technology Co., Ltd. January 6, 2026 Adopt H Share Award Scheme Compensation Board AGAINST 1
Minieye Technology Co., Ltd. January 6, 2026 Adopt H Share Option Scheme Compensation Board AGAINST 1
Minieye Technology Co., Ltd. January 6, 2026 Authorize Board and/or the Delegatee to Handle Matters in Relation to the H Share Option Scheme Compensation Board AGAINST 1
Mitchells & Butlers Plc January 29, 2026 Re-elect Amanda Brown as Director Director Elections Board AGAINST 1

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