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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
Next Vision Stabilized Systems Ltd. August 21, 2025 Reelect Yosef Sandler as Director Director Elections Board AGAINST 1
Nexxen International Ltd. January 6, 2026 Approve Compensation Package of Ofer Druker, CEO Compensation Board AGAINST 1
Ningbo Shanshan Co., Ltd. May 20, 2026 Approve Provision of Guarantee Capital Structure Board AGAINST 1
Nippon Paper Industries Co., Ltd. June 26, 2026 Elect Director Nozawa, Toru Director Elections Board AGAINST 1
Nippon Paper Industries Co., Ltd. June 26, 2026 Elect Director Sebe, Akira Director Elections Board AGAINST 1
Nippon Sheet Glass Co., Ltd. June 26, 2026 Elect Director Hosonuma, Munehiro Director Elections Board AGAINST 1
Nippon Thompson Co., Ltd. June 26, 2026 Elect Director Hosono, Mikihito Director Elections Board AGAINST 1
Nippon Thompson Co., Ltd. June 26, 2026 Elect Director Miyachi, Shigeki Director Elections Board AGAINST 1
Nipro Corp. June 26, 2026 Elect Director Sano, Yoshihiko Director Elections Board AGAINST 1
Nipro Corp. June 26, 2026 Elect Director Yamazaki, Tsuyoshi Director Elections Board AGAINST 1
Nishimatsu Construction Co., Ltd. June 26, 2026 Elect Director Hosokawa, Masakazu Director Elections Board AGAINST 1
Nissei ASB Machine Co., Ltd. December 17, 2025 Elect Director Aoki, Daiichi Director Elections Board AGAINST 1
Nissei ASB Machine Co., Ltd. December 17, 2025 Elect Director Fujiwara, Makoto Director Elections Board AGAINST 1
Nissui Corp. June 25, 2026 Elect Director Tanaka, Teru Director Elections Board AGAINST 1
Noba Bank Group AB May 21, 2026 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 1
Noba Bank Group AB May 21, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Noba Bank Group AB May 21, 2026 Reelect Hans-Ole Jochumsen as Board Chair Director Elections Board AGAINST 1
Noba Bank Group AB May 21, 2026 Reelect Hans-Ole Jochumsen as Director Director Elections Board AGAINST 1
Nongfu Spring Co. Ltd. May 19, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Nongfu Spring Co. Ltd. May 19, 2026 Elect GU Zhaoyang Director Elections Board AGAINST 1
North Pacific Bank, Ltd. June 25, 2026 Elect Director Tsuyama, Hironobu Director Elections Board AGAINST 1
North Pacific Bank, Ltd. June 25, 2026 Elect Director Yasuda, Mitsuharu Director Elections Board AGAINST 1
Norwegian Air Shuttle ASA May 6, 2026 Approve Equity Plan Financing Compensation Board AGAINST 1
Norwegian Air Shuttle ASA May 6, 2026 Approve Remuneration Statement Compensation Board AGAINST 1
Novagold Resources Inc. May 14, 2026 Advisory Vote on Executive Compensation Say-on-Pay Board AGAINST 1
OBA Makarnacilik Sanayi Ve Ticaret A.S July 30, 2025 Approve Director Remuneration Compensation Board AGAINST 1
OBA Makarnacilik Sanayi Ve Ticaret A.S July 30, 2025 Elect Directors Director Elections Board AGAINST 1
OBA Makarnacilik Sanayi Ve Ticaret A.S June 8, 2026 Approve Director Remuneration Compensation Board AGAINST 1
OCI NV January 22, 2026 Approve the Combination Extraordinary Transactions Board AGAINST 1
OCI NV June 2, 2026 Reelect David Welch as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect Gregory Heckman as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect Michael Bennett as Non-Executive Director Director Elections Board AGAINST 1
OCI NV June 2, 2026 Reelect Nadia Sawiris as Non-Executive Director Director Elections Board AGAINST 1
ON HOLDING AG May 28, 2026 Consultative Vote on the 2025 Compensation Report Say-on-Pay Board AGAINST 1
OPC Energy Ltd. June 25, 2026 Elect Ruth Ralbag as External Director and Approve Her Remuneration Director Elections Board AGAINST 1
OPmobility SE April 23, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Approve Compensation of Laurent Favre, CEO Until November 6, 2025 Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Approve Remuneration Policy of Chairman of the Board Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Authorize up to 0.5 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 1
OPmobility SE April 23, 2026 Reelect Virginie Fauvel as Director Director Elections Board AGAINST 1
ORLEN S.A. June 9, 2026 Remuneration Report Compensation Board AGAINST 1
OVS SpA May 29, 2026 Approve Performance Share Plan 2026 - 2028 Compensation Board AGAINST 1
OVS SpA May 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
OVS SpA May 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
Ocado Group Plc April 28, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Oceaneering International, Inc. May 15, 2026 Election of Class I Directors: Jon Erik Reinhardsen Director Elections Board WITHHOLD 1
Oceaneering International, Inc. May 15, 2026 Election of Class I Directors: Reema Poddar Director Elections Board WITHHOLD 1
Oceaneering International, Inc. May 15, 2026 Election of Class I Directors: William B. Berry Director Elections Board WITHHOLD 1
Odfjell Drilling Ltd. July 22, 2025 Approve Issuance of Share Options to Simen Lieungh Compensation Board AGAINST 1
Odfjell Drilling Ltd. July 22, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 1
Odfjell Drilling Ltd. June 16, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Offerpad Solutions Inc. July 30, 2025 Approval of an amendment to the Company's 2021 Incentive Award Plan to, among other things, increase the number of shares of Class A Common Stock available for issuance thereunder. Compensation Board AGAINST 1
Oil & Natural Gas Corp Ltd August 29, 2025 Elect Manish Pareek Director Elections Board AGAINST 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Amy L. Ryan Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Ellen-Blair Chube Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Lawrence E. Washow Director Elections Board WITHHOLD 1
Oil-Dri Corporation of America December 9, 2025 Election of Directors: Paul M. Hindsley Director Elections Board WITHHOLD 1
Okasan Securities Group, Inc. June 26, 2026 Elect Director Shinshiba, Hiroyuki Director Elections Board AGAINST 1
Olam Group Limited April 27, 2026 Elect Joerg Wolfgang Wolle as Director Director Elections Board AGAINST 1
Olema Pharmaceuticals, Inc. June 17, 2026 Elect Scott Garland Director Elections Board WITHHOLD 1
OnEMI Technology Solutions Ltd. June 27, 2026 Approve Amendment and Ratification of Kissht Employee Stock Option Plan, 2021 Compensation Board AGAINST 1
OnEMI Technology Solutions Ltd. June 27, 2026 Approve Amendment and Ratification of Kissht Employee Stock Option Plan, 2022 Compensation Board AGAINST 1
One 97 Communications Ltd. August 29, 2025 Payment of Remuneration of Urvashi Sahai (Executive Director and General Counsel) Compensation Board AGAINST 1
One Software Technologies Ltd. June 29, 2026 Reappoint Brightman, Almagor, Zohar & Co. (Deloitte) as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Onewo Inc. May 8, 2026 Approve Grant of General Mandate to the Board of Directors to Issue Additional H Shares Capital Structure Board AGAINST 1
Organo Corp. June 26, 2026 Elect Director Yamada, Masayuki Director Elections Board AGAINST 1
Orient Corp. June 24, 2026 Elect Director Nishino, Kazumi Director Elections Board AGAINST 1
Orient Securities Company Limited (aka DFZQ) March 20, 2026 By-Elect ZHOU Lei as Executive Director Director Elections Board AGAINST 1
OrthoPediatrics Corp. June 4, 2026 To approve, on an advisory basis, the compensation of our executive officers who are named in the compensation disclosures in this proxy statement. Say-on-Pay Board AGAINST 1
Osaka Gas Co., Ltd. June 23, 2026 Elect Director and Audit Committee Member Takeguchi, Fumitoshi Director Elections Board AGAINST 1
Otokar Otomotiv ve Savunma Sanayi AS March 10, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Otokar Otomotiv ve Savunma Sanayi AS March 10, 2026 Elect Directors Director Elections Board AGAINST 1
Outlook Therapeutics, Inc. March 10, 2026 Election of class I Directors: Faisal G. Sukhtian Director Elections Board AGAINST 1
Ovctek China, Inc. May 6, 2026 Approve Profit Distribution Capital Structure Board AGAINST 1
Ovid Therapeutics Inc. July 9, 2025 Election of Class II directors: Bart Friedman Director Elections Board WITHHOLD 1
Ovid Therapeutics Inc. July 9, 2025 Election of Class II directors: Kevin Fitzgerald Director Elections Board WITHHOLD 1
Oxford Biomedica Plc May 7, 2026 Approve Remuneration Report Compensation Board AGAINST 1
PACS Group, Inc. December 19, 2025 To elect Taylor Leavitt and Jacqueline Millard as Class I directors to serve until the 2028 Annual Meeting of Stockholders, and until their respective successors shall have been duly elected and qualified: Taylor Leavitt Director Elections Board WITHHOLD 1
PALO ALTO NETWORKS, INC. December 9, 2025 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
PATRIZIA SE June 10, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
PATRIZIA SE June 10, 2026 Reelect Aradhana Khowala to the Board of Directors Director Elections Board AGAINST 1
PATRIZIA SE June 10, 2026 Reelect Jacqueline Beckett to the Board of Directors Director Elections Board AGAINST 1
PATRIZIA SE June 10, 2026 Reelect Wolfgang Egger to the Board of Directors Director Elections Board AGAINST 1
PDD Holdings Inc. December 19, 2025 As an ordinary resolution: THAT Mr. George Yong-Boon Yeo be re-elected as a director of the Company. Director Elections Board AGAINST 1
PFISTERER Holding SE June 11, 2026 Approve Creation of EUR 9 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights Capital Structure Board AGAINST 1
PFISTERER Holding SE June 11, 2026 Approve Remuneration of Supervisory Board Compensation Board AGAINST 1
PGE Polska Grupa Energetyczna S.A. June 18, 2026 Remove Supervisory Board Member Director Elections Board AGAINST 1
PGE Polska Grupa Energetyczna S.A. June 18, 2026 Remuneration Report Compensation Board AGAINST 1
PKSHA Technology, Inc. December 23, 2025 Elect Director Uenoyama, Katsuya Director Elections Board AGAINST 1
PORR AG April 28, 2026 Approve Creation of EUR 5.9 Million Pool of Capital to Guarantee Conversion Rights Capital Structure Board AGAINST 1
PORR AG April 28, 2026 Approve Issuance of Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 5.9 Million Capital Structure Board AGAINST 1
PORR AG April 28, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
PORR AG April 28, 2026 Approve Remuneration Report Compensation Board AGAINST 1
PRAJ Industries Limited August 11, 2025 Approve Appointment and Remuneration of Pramod Chaudhari as Founder Chairman and Mentor-Praj Group (Whole Time Director in the category of Executive Director) Compensation Board AGAINST 1
PT BFI Finance Indonesia Tbk May 20, 2026 Approve Transfer of Treasury Shares through the Implementation of the Employee and/or Board of Directors and Board of Commissioners Stock Ownership Program Capital Structure Board AGAINST 1
PT Bumi Resources Tbk June 18, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 1
PT ESSA Industries Indonesia Tbk June 18, 2026 Approve Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
PT ESSA Industries Indonesia Tbk June 18, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 1
PT Kalbe Farma Tbk May 21, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 1
PT MNC Digital Entertainment Tbk June 26, 2026 Approve Changes to the Composition of the Company's Management Director Elections Board AGAINST 1

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