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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
Prosus NV August 20, 2025 Reelect Koos Bekker as Director Director Elections Board AGAINST 1
Prosus NV August 20, 2025 Reelect Steve Pacak as Director Director Elections Board AGAINST 1
Proximus SA April 15, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Proximus SA April 15, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Proximus SA April 15, 2026 Elect Stefaan Cecile Coune as Director Director Elections Board AGAINST 1
Proximus SA April 15, 2026 Reelect Audrey Hanard as Director or Appoint Alternative Candidates Nominated by the SFPIM as Board Members Director Elections Board AGAINST 1
Proximus SA April 15, 2026 Reelect Beatrice de Mahieu as Director Director Elections Board AGAINST 1
Public Power Corp. SA June 22, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Public Power Corp. SA June 22, 2026 Approve Profit Sharing Plan Compensation Board AGAINST 1
Puig Brands SA May 29, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 1
Puig Brands SA May 29, 2026 Approve Grant of Class B Shares to Executive Directors under the Variable Remuneration Plan Compensation Board AGAINST 1
Puig Brands SA May 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Puig Brands SA May 29, 2026 Reelect Angeles Garcia-Poveda Morera as Director Director Elections Board AGAINST 1
Puig Brands SA May 29, 2026 Reelect Ioannis Petrides as Director Director Elections Board AGAINST 1
Puig Brands SA May 29, 2026 Reelect Jordi Constans Fernandez as Director Director Elections Board AGAINST 1
Puig Brands SA May 29, 2026 Reelect Rafael Cerezo Laporta as Director Director Elections Board AGAINST 1
Pulse Biosciences, Inc. September 30, 2025 Subject to approval of Proposal 1, to ratify the grant under the Plan of (i) options to acquire up to 500,000 shares of Common Stock granted to certain Company consultants, and (ii) options to acquire up to 600,000 shares of Common Stock granted to certain Company directors. Compensation Board AGAINST 1
Pulse Biosciences, Inc. September 30, 2025 To approve an amendment to the Pulse Biosciences, Inc. 2017 Equity Incentive Plan (the "Plan"), to increase the number of shares of the Company's common stock issuable under the Plan by 2,000,000 shares and to change the Plan's definition of "Consultant." Compensation Board AGAINST 1
Pulse Biosciences, Inc. December 9, 2025 Election of Directors: Mahkam Zanganeh, D.D.S. Director Elections Board AGAINST 1
Qi An Xin Technology Group, Inc. May 21, 2026 Amend Remuneration Management System for Directors and Senior Management Members Compensation Board AGAINST 1
Qi An Xin Technology Group, Inc. May 21, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
QinetiQ Group plc July 17, 2025 Re-elect Ross McEwan as Director (WITHDRAWN) Director Elections Board ABSTAIN 1
RAIZNEXT Corp. June 25, 2026 Elect Director and Audit Committee Member Umemura, Kazuhiko Director Elections Board AGAINST 1
RCI Hospitality Holdings, Inc. August 18, 2025 ELECTION OF DIRECTORS OF THE COMPANY: Luke Lirot Director Elections Board WITHHOLD 1
REIT 1 Ltd. November 6, 2025 Approve Extended Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 1
REIT 1 Ltd. February 10, 2026 Reelect Yekutiel Gavish as Director Director Elections Board AGAINST 1
RGC Resources, Inc. January 26, 2026 Election of Directors: Robert B. Johnston Director Elections Board WITHHOLD 1
ROHM Co., Ltd. June 24, 2026 Elect Director Azuma, Katsumi Director Elections Board AGAINST 1
ROUND ONE Corp. June 27, 2026 Elect Director Katakura, Chihiro Director Elections Board AGAINST 1
RWS Holdings Plc February 11, 2026 Re-elect Andrew Brode as Director Director Elections Board AGAINST 1
Rackspace Technology, Inc. June 18, 2026 Approve an amendment to the Company's 2020 Equity Incentive Plan to increase the number of shares of common stock authorized to be issued under the plan. Compensation Board AGAINST 1
Rail Vikas Nigam Limited August 28, 2025 Elect Mritunjay Pratap Singh as Director Director Elections Board AGAINST 1
Rail Vikas Nigam Limited August 28, 2025 Elect Prem Sagar Gupta as Director Director Elections Board AGAINST 1
Rail Vikas Nigam Limited August 28, 2025 Reelect N.C. Karmali as Director Director Elections Board AGAINST 1
Rajesh Exports Limited December 30, 2025 Reelect Asha Mehta as Director Director Elections Board AGAINST 1
Rajesh Exports Limited December 30, 2025 Reelect Rajesh Mehta as Director Director Elections Board AGAINST 1
Rakuten Bank Ltd. June 24, 2026 Elect Director Nagato, Masatsugu Director Elections Board AGAINST 1
Ral Yatirim Holding AS April 9, 2026 Approve Director Remuneration Compensation Board AGAINST 1
Ral Yatirim Holding AS April 9, 2026 Elect Directors Director Elections Board AGAINST 1
Reece Limited November 21, 2025 Approve Conditional Spill Resolution Compensation Board AGAINST 1
Reece Limited November 21, 2025 Elect Andrew Wilson as Director Director Elections Board AGAINST 1
Reece Limited November 21, 2025 Elect Bruce C. Wilson as Director Director Elections Board AGAINST 1
Relaxo Footwears Limited August 28, 2025 Reelect Mukand Lal Dua as Director Director Elections Board AGAINST 1
Reliance Worldwide Corporation Limited October 22, 2025 Approve Conditional Spill Resolution Compensation Board AGAINST 1
RemeGen Co., Ltd. June 16, 2026 Approve General Mandate to Issue Additional Shares Capital Structure Board AGAINST 1
RemeGen Co., Ltd. June 16, 2026 Elect Huang Guobin as Director Director Elections Board AGAINST 1
RemeGen Co., Ltd. June 16, 2026 Elect Wang Liqiang as Director Director Elections Board AGAINST 1
RemeGen Co., Ltd. June 16, 2026 Elect Wen Qingkai as Director Director Elections Board AGAINST 1
Remy Cointreau SA July 22, 2025 Approve Remuneration Policy of CEO Compensation Board AGAINST 1
Remy Cointreau SA July 22, 2025 Reelect Alain Li as Director Director Elections Board AGAINST 1
Resources Connection, Inc. October 16, 2025 Election of Directors: Susan M. Collyns Director Elections Board AGAINST 1
Restar Corp. June 26, 2026 Elect Alternate Director and Audit Committee Member Sugimoto, Shigeji Director Elections Board AGAINST 1
Restar Corp. June 26, 2026 Elect Director Jin-hyuk Yun Director Elections Board AGAINST 1
Restar Corp. June 26, 2026 Elect Director and Audit Committee Member Tezuka, Seno Director Elections Board AGAINST 1
Retail Estates SA July 22, 2025 Approve Remuneration of the Chairman of the Board of Directors Compensation Board AGAINST 1
Ricoh Leasing Co., Ltd. June 29, 2026 Elect Director Kobayashi, Kazunori Director Elections Board AGAINST 1
Ricoh Leasing Co., Ltd. June 29, 2026 Elect Director Matsubara, Makoto Director Elections Board AGAINST 1
Riskified Ltd. August 6, 2025 Approve Amendment to Employment Terms of Assaf Feldman, Chief Technology Officer and member of the Board Compensation Board AGAINST 1
Riskified Ltd. August 6, 2025 Approve Amendment to Employment Terms of Eido Gal, Chief Executive Officer and Chairperson Compensation Board AGAINST 1
Riskified Ltd. August 6, 2025 Reelect Aaron Mankovski as Director Director Elections Board AGAINST 1
Riskified Ltd. August 6, 2025 Reelect Erez Shachar as Director Director Elections Board AGAINST 1
Rithm Property Trust Inc. June 2, 2026 Election of Directors: Daniel Hoffman Director Elections Board WITHHOLD 1
Rithm Property Trust Inc. June 2, 2026 Election of Directors: Paul Friedman Director Elections Board WITHHOLD 1
RoboSense Technology Co., Ltd June 18, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
RoboSense Technology Co., Ltd June 18, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
RoboSense Technology Co., Ltd June 18, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
RoboSense Technology Co., Ltd June 18, 2026 Elect Ng Yuk Keung as Director Director Elections Board AGAINST 1
Rockchip Electronics Co., Ltd. June 26, 2026 Approve Use of Funds for Cash Management Extraordinary Transactions Board AGAINST 1
Ryoyo Ryosan Holdings, Inc. June 25, 2026 Elect Director Kaneko, Yoshihisa Director Elections Board AGAINST 1
Ryoyo Ryosan Holdings, Inc. June 25, 2026 Elect Director Nakamura, Moritaka Director Elections Board AGAINST 1
S&B Foods Inc. June 23, 2026 Elect Director and Audit Committee Member Katsurayama, Yasunori Director Elections Board AGAINST 1
S&B Foods Inc. June 23, 2026 Elect Director and Audit Committee Member Matsuka, Gen Director Elections Board AGAINST 1
S-Oil Corp. March 30, 2026 Elect Ibrahim M. Al-Nitaifi as Non-Independent Non-Executive Director Director Elections Board AGAINST 1
SAN-AI OBBLI Co., Ltd. June 25, 2026 Elect Director Hora, Hayao Director Elections Board AGAINST 1
SAP SE May 5, 2026 Elect Pekka Ala-Pietila to the Supervisory Board Director Elections Board AGAINST 1
SATS Ltd. July 25, 2025 Approve Grant of Awards and Issuance of Shares Under the SATS Performance Share Plan and/or the SATS Restricted Share Plan Compensation Board AGAINST 1
SBI Cards and Payment Services Limited July 10, 2025 Elect Shamsher Singh as Director Director Elections Board AGAINST 1
SBI Cards and Payment Services Limited February 6, 2026 Elect Anuradha Rao as Director Director Elections Board AGAINST 1
SBI Life Insurance Company Limited August 29, 2025 Amend SBI Life Employee Stock Option Plan 2018 Compensation Board ABSTAIN 1
SBI Life Insurance Company Limited August 29, 2025 Approve Aashish K. Bhatt & Associates as Secretarial Auditor and Authorize Board to Fix Their Remuneration Audit-related Board ABSTAIN 1
SBI Life Insurance Company Limited August 29, 2025 Approve Reappointment and Remuneration of Amit Jhingran as Managing Director and Chief Executive Officer Compensation Board ABSTAIN 1
SBI Life Insurance Company Limited August 29, 2025 Approve Revision in the Remuneration of Amit Jhingran as Managing Director and Chief Executive Officer Compensation Board ABSTAIN 1
SBI Life Insurance Company Limited August 29, 2025 Authorize Board to Fix Remuneration of Statutory Auditors Audit-related Board ABSTAIN 1
SBI Life Insurance Company Limited August 29, 2025 Confirm Interim Dividend as Final Dividend Capital Structure Board ABSTAIN 1
SD Guthrie Bhd June 11, 2026 Elect Mohd Haris Mohd Arshad as Director Director Elections Board AGAINST 1
SD Guthrie Bhd June 11, 2026 Elect Sharifah Sofianny Syed Hussain as Director Director Elections Board AGAINST 1
SEB SA May 12, 2026 Approve Compensation of Stanislas De Gramont, CEO Compensation Board AGAINST 1
SEB SA May 12, 2026 Elect Thierry Lescure as Director Director Elections Board AGAINST 1
SEB SA May 12, 2026 Elect William Gairard as Director Director Elections Board AGAINST 1
SENKO Group Holdings Co., Ltd. June 25, 2026 Elect Director Hosomizo, Kiyoshi Director Elections Board AGAINST 1
SERES Group Co., Ltd. April 22, 2026 Approve Deloitte Touche Tohmatsu Certified Public Accountants LLP as Domestic and Internal Control Auditors and Deloitte Touche Tohmatsu as Overseas Financial Statement Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
SERES Group Co., Ltd. April 22, 2026 Approve Grant of a General Mandate to the Board to Issue Shares Capital Structure Board AGAINST 1
SERES Group Co., Ltd. April 22, 2026 Elect Yin Xianzhi as Director Director Elections Board AGAINST 1
SERES Group Co., Ltd. April 22, 2026 Elect Zhang Kebang as Director Director Elections Board AGAINST 1
SERES Group Co., Ltd. April 22, 2026 Elect Zhou Changling as Director Director Elections Board AGAINST 1
SERES Group Co., Ltd. June 25, 2026 Adopt H Share Award Scheme Compensation Board AGAINST 1
SERES Group Co., Ltd. June 25, 2026 Approve Service Provider Sublimit Compensation Board AGAINST 1
SERES Group Co., Ltd. June 25, 2026 Authorize the Board and/or the Scheme Administrator to Deal with All Matters in Relation to the H Share Award Scheme Compensation Board AGAINST 1
SES AI Corporation October 1, 2025 To elect the one Class III director nominee to hold office until the 2028 Annual Meeting of Stockholders: Dr. Qichao Hu Director Elections Board WITHHOLD 1
SES SA April 2, 2026 Approve Remuneration Policy Compensation Board AGAINST 1

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