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Invesco 2025-2026: where it broke with the board

At least 6,019 proposals in the 2025-2026 proxy season: Invesco voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 19 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Invesco 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

6,019 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.

Invesco, 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 recommendedInvesco votedFunds
Motor Oil (Hellas) Corinth Refineries SA June 17, 2026 Approve Profit Distribution to Board Members and Management Compensation Board AGAINST 2
Motor Oil (Hellas) Corinth Refineries SA June 17, 2026 Approve Profit Distribution to Company Personnel Compensation Board AGAINST 2
Motor Oil (Hellas) Corinth Refineries SA June 17, 2026 Approve Remuneration of Directors Compensation Board AGAINST 2
Motor Oil (Hellas) Corinth Refineries SA June 17, 2026 Elect Directors (Bundled) Director Elections Board AGAINST 2
Motor Oil (Hellas) Corinth Refineries SA June 17, 2026 Elect Members of Audit Committee (Bundled) Director Elections Board AGAINST 2
Mutares SE & Co. KGaA July 2, 2025 Approve Remuneration Report Compensation Board AGAINST 2
Muthoot Finance Limited August 30, 2025 Approve Reappointment and Remuneration of Alexander George as Whole Time Director Compensation Board AGAINST 2
Muthoot Finance Limited August 30, 2025 Reelect Chamacheril Abraham Mohan as Director Director Elections Board AGAINST 2
Myomo, Inc. June 25, 2026 Approve in an advisory (non-binding) vote, the compensation of our named executive officers as disclosed in the Proxy Statement; Say-on-Pay Board (inferred) AGAINST 2
NACCO Industries, Inc. May 15, 2026 Election of Directors: Valerie Gentile Sachs Director Elections Board WITHHOLD 2
NAPCO Security Technologies, Inc. December 8, 2025 Election of Directors: David Paterson Director Elections Board WITHHOLD 2
NICHIAS Corp. June 26, 2026 Elect Director Wachi, Yoko Director Elections Board AGAINST 2
NKT A/S March 25, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 2
NL Industries, Inc. May 14, 2026 Nonbinding advisory vote approving named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
NOF Corp. June 26, 2026 Elect Director Kamada, Takashi Director Elections Board AGAINST 2
NOK Corp. June 25, 2026 Elect Director Tsuru, Masao Director Elections Board AGAINST 2
NOK Corp. June 25, 2026 Elect Director and Audit Committee Member Fujioka, Makoto Director Elections Board AGAINST 2
NOK Corp. June 25, 2026 Elect Director and Audit Committee Member Kajitani, Atsushi Director Elections Board AGAINST 2
NSK Ltd. June 25, 2026 Elect Director Hayashi, Nobuhide Director Elections Board AGAINST 2
NTPC Limited August 29, 2025 Approve Reappointment of Gurdeep Singh as Chairman and Managing Director Compensation Board AGAINST 2
NTPC Limited August 29, 2025 Reelect Anil Kumar Jadli as Director Director Elections Board AGAINST 2
NTPC Limited August 29, 2025 Reelect Anil Kumar Trigunayat as Director Director Elections Board AGAINST 2
NTPC Limited August 29, 2025 Reelect Shivam Srivastava as Director Director Elections Board AGAINST 2
NVE Corporation August 7, 2025 Advisory approval of named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
Nankai Electric Railway Co., Ltd. June 16, 2026 Elect Director Achikita, Teruhiko Director Elections Board AGAINST 2
Nankai Electric Railway Co., Ltd. June 16, 2026 Elect Director Hori, Naoki Director Elections Board AGAINST 2
Nankai Electric Railway Co., Ltd. June 16, 2026 Elect Director Koezuka, Miharu Director Elections Board AGAINST 2
Nankai Electric Railway Co., Ltd. June 16, 2026 Elect Director Okajima, Nobuyuki Director Elections Board AGAINST 2
Nankai Electric Railway Co., Ltd. June 16, 2026 Elect Director Tsunekage, Hitoshi Director Elections Board AGAINST 2
Natural Grocers by Vitamin Cottage, Inc. March 4, 2026 Election of Directors: Zephyr Isely Director Elections Board WITHHOLD 2
Neinor Homes SA October 20, 2025 Approve Remuneration Policy Compensation Board AGAINST 2
Neurones SA June 4, 2026 Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to 20 Percent of Issued Capital Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 20, 21 and 22 Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize Capital Increase of Up to EUR 9 Million for Future Exchange Offers Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights and/or Capitalization of Reserves for Bonus Issue or Increase in Par Value, up to Aggregate Nominal Amount of EUR 9 Million Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 9 Million Capital Structure Board AGAINST 2
Neurones SA June 4, 2026 Authorize up to 240,000 Shares of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 2
Neurones SA June 4, 2026 Reelect Herve Pichard as Director Director Elections Board AGAINST 2
Neurones SA June 4, 2026 Reelect Host Developpement SAS as Director Director Elections Board AGAINST 2
Neurones SA June 4, 2026 Reelect Jean-Louis Pacquement as Director Director Elections Board AGAINST 2
New China Life Insurance Company Ltd. June 26, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic Auditor and Deloitte Touche Tohmatsu as International Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
NewtekOne, Inc. June 12, 2026 Election of Directors: Richard Salute Director Elections Board WITHHOLD 2
Nine Dragons Paper (Holdings) Limited December 11, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Nine Dragons Paper (Holdings) Limited December 11, 2025 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
Nine Dragons Paper (Holdings) Limited December 11, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Nine Dragons Paper (Holdings) Limited December 11, 2025 Elect Zhang Cheng Fei as Director Director Elections Board AGAINST 2
Nippon Kayaku Co., Ltd. June 25, 2026 Elect Director Fujishima, Yasuyuki Director Elections Board AGAINST 2
Nippon Kayaku Co., Ltd. June 25, 2026 Elect Director Kawamura, Shigeyuki Director Elections Board AGAINST 2
Nippon Kayaku Co., Ltd. June 25, 2026 Elect Director Tsubakimoto, Mitsuhiro Director Elections Board AGAINST 2
Nippon Paper Industries Co., Ltd. June 26, 2026 Elect Director Fujioka, Makoto Director Elections Board AGAINST 2
Nippon Paper Industries Co., Ltd. June 26, 2026 Elect Director Hatta, Yoko Director Elections Board AGAINST 2
Nipro Corp. June 26, 2026 Elect Director Imaizumi, Yasuhiko Director Elections Board AGAINST 2
Nipro Corp. June 26, 2026 Elect Director Sano, Yoshihiko Director Elections Board AGAINST 2
Nipro Corp. June 26, 2026 Elect Director Yamazaki, Tsuyoshi Director Elections Board AGAINST 2
Nipro Corp. June 26, 2026 Elect Director Yoshimori, Toshikazu Director Elections Board AGAINST 2
Nissin Foods Holdings Co., Ltd. June 25, 2026 Elect Director Ishii, Keita Director Elections Board AGAINST 2
Nissin Foods Holdings Co., Ltd. June 25, 2026 Elect Director Kobayashi, Ken Director Elections Board AGAINST 2
Nissin Foods Holdings Co., Ltd. June 25, 2026 Elect Director Mizuno, Masato Director Elections Board AGAINST 2
Nissin Foods Holdings Co., Ltd. June 25, 2026 Elect Director Yamaguchi, Keiko Director Elections Board AGAINST 2
Niterra Co., Ltd. June 26, 2026 Elect Director and Audit Committee Member Uchiyama, Hideyo Director Elections Board AGAINST 2
Nomad Foods Limited June 22, 2026 Elect Director James E. Lillie Director Elections Board AGAINST 2
Nordic American Tankers Limited November 21, 2025 Elect Director Alexander Hansson Director Elections Board AGAINST 2
OBIC Co. Ltd. June 25, 2026 Elect Director Gomi, Yasumasa Director Elections Board AGAINST 2
OMRON Corp. June 23, 2026 Elect Director Tsujinaga, Junta Director Elections Board AGAINST 2
OMRON Corp. June 23, 2026 Elect Director Yamada, Yoshihito Director Elections Board AGAINST 2
OPKO Health, Inc. June 18, 2026 To approve the Company's 2026 Equity Incentive Plan; Compensation Board AGAINST 2
ORIC Pharmaceuticals, Inc. June 18, 2026 To approve the ORIC Pharmaceuticals, Inc. 2020 Equity Incentive Plan, as amended and restated. Compensation Board AGAINST 2
OSG Corp. (6136) February 20, 2026 Elect Director Ishikawa, Norio Director Elections Board AGAINST 2
OSG Corp. (6136) February 20, 2026 Elect Director Osawa, Nobuaki Director Elections Board AGAINST 2
OSL Group Limited January 21, 2026 Approve Revocation of Existing General Mandate, Grant of New General Mandate and Related Transactions Capital Structure Board AGAINST 2
OUTsurance Group Ltd. November 25, 2025 Approve Non-executive Directors' Remuneration Compensation Board AGAINST 2
Oberoi Realty Limited August 28, 2025 Approve Grant of Options to the Eligible Employees of the Group Companies, Including Associate Compay(ies) of the Company Under Oberoi Realty Limited - Employee Stock Option Plan 2025 Compensation Board AGAINST 2
Oberoi Realty Limited August 28, 2025 Approve Grant of Options to the Employees of the Subsidiary Company(ies) of the Company Under Oberoi Realty Limited - Employee Stock Option Plan 2025 Compensation Board AGAINST 2
Oberoi Realty Limited August 28, 2025 Approve Oberoi Realty Limited - Employee Stock Option Plan 2025 Compensation Board AGAINST 2
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Arunangshu Sarkar as Director Director Elections Board AGAINST 2
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Om Prakash Sinha as Director Director Elections Board AGAINST 2
Oil & Natural Gas Corporation Limited August 29, 2025 Elect Vikram Saxena as Director Director Elections Board AGAINST 2
Oil India Limited September 18, 2025 Elect Ankur Baruah as Director Director Elections Board AGAINST 2
Oil India Limited September 18, 2025 Elect Raju Revanakar as Director Director Elections Board AGAINST 2
Oil India Limited September 18, 2025 Elect Trailukya Borgohain as Director Director Elections Board AGAINST 2
OmniAb, Inc. June 17, 2026 Election of Directors: Jennifer Cochran, Ph.D. Director Elections Board WITHHOLD 2
Ondas Inc. May 28, 2026 Election of Directors: Richard M. Cohen Director Elections Board WITHHOLD 2
Ono Pharmaceutical Co., Ltd. June 18, 2026 Elect Director Sagara, Gyo Director Elections Board AGAINST 2
Ono Pharmaceutical Co., Ltd. June 18, 2026 Elect Director Takino, Toichi Director Elections Board AGAINST 2
Oracle Financial Services Software Limited July 24, 2025 Elect Nian Nian Yuan as Director Director Elections Board AGAINST 2
Oracle Financial Services Software Limited July 24, 2025 Reelect Harinderjit Singh as Director Director Elections Board AGAINST 2
Orchestra Biomed Holdings, Inc. June 23, 2026 Adoption of an advisory (non-binding) resolution approving the compensation of our "named executive officers". Say-on-Pay Board (inferred) AGAINST 2
Orla Mining Ltd. June 16, 2026 Elect Director Jean Robitaille Director Elections Board AGAINST 2
PERSOL Holdings Co., Ltd. June 23, 2026 Elect Director Debra A. Hazelton Director Elections Board AGAINST 2
PERSOL Holdings Co., Ltd. June 23, 2026 Elect Director Murabayashi, Satoshi Director Elections Board AGAINST 2
PERSOL Holdings Co., Ltd. June 23, 2026 Elect Director and Audit Committee Member Tomoda, Kazuhiko Director Elections Board AGAINST 2
PETRONAS Chemicals Group Berhad April 22, 2026 Elect Mazuin Ismail as Director Director Elections Board AGAINST 2
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 2
PFISTERER Holding SE June 11, 2026 Approve Remuneration of Supervisory Board Compensation Board AGAINST 2
PKO Bank Polski SA June 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
PKO Bank Polski SA June 29, 2026 Approve Remuneration Report Compensation Board AGAINST 2
PT Astra International Tbk April 23, 2026 Approve Remuneration of Directors and Commissioners Compensation Board ABSTAIN 2
PT Bank Mandiri (Persero) Tbk August 4, 2025 Approve Changes in the Boards of the Company Director Elections Board AGAINST 2
PT Bank Mandiri (Persero) Tbk April 29, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 2

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Built November 7, 2026 from SEC Form N-PX filings.