Home › Asset managers › Lincoln Financial › 2025-2026 › Against the board
At least 6,069 proposals in the 2025-2026 proxy season: Lincoln Financial voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 69 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Lincoln Financial 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
6,069 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Lincoln Financial voted | Funds |
|---|---|---|---|---|---|---|---|
| Eastroc Beverage (Group) Co., Ltd. | April 29, 2026 | Approve Estimated Cap for Provision of Guarantee for Wholly-Owned Subsidiaries | Capital Structure | Board | AGAINST | 1 | |
| Eaton Corporation plc | April 22, 2026 | Approving the appointment of Ernst & Young LLP as Independent auditor for 2026 and authorizing the Audit Committee of the Board of Directors to set auditor remuneration. | Audit-related | Board (inferred) | AGAINST | 1 | |
| Eaton Corporation plc | April 22, 2026 | Approving, on an advisory basis, the Company's executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Eaton Corporation plc | April 22, 2026 | Election of Directors: Dorothy C. Thompson | Director Elections | Board (inferred) | AGAINST | 1 | |
| Ebara Corp. | March 26, 2026 | Elect Director Nagamine, Akihiko | Director Elections | Board | AGAINST | 1 | |
| Ebara Jitsugyo Co., Ltd. | March 24, 2026 | Elect Director and Audit Committee Member Ishibashi, Kazuo | Director Elections | Board | AGAINST | 1 | |
| Ebro Foods SA | June 3, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Ebro Foods SA | June 3, 2026 | Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 20 Percent | Capital Structure | Board | AGAINST | 1 | |
| Ebro Foods SA | June 3, 2026 | Reelect Antonio Hernandez Callejas as Director | Director Elections | Board | AGAINST | 1 | |
| Ebro Foods SA | June 3, 2026 | Reelect Elena Segura Quijada as Director | Director Elections | Board | AGAINST | 1 | |
| Eckert & Ziegler SE | June 24, 2026 | Approve Management Board Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Edenred SA | May 7, 2026 | Approve Compensation of Bertrand Dumazy, Chairman and CEO | Compensation | Board | AGAINST | 1 | |
| Edenred SA | May 7, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 1 | |
| Edenred SA | May 7, 2026 | Reelect Bernardo Sanchez Incera as Director | Director Elections | Board | AGAINST | 1 | |
| Edenred SA | May 7, 2026 | Reelect Bertrand Dumay as Director | Director Elections | Board | AGAINST | 1 | |
| Eidai Co., Ltd. | June 26, 2026 | Elect Director Shien, Nobuhiro | Director Elections | Board | AGAINST | 1 | |
| Eiffage SA | April 22, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 1 | |
| Eiffage SA | April 22, 2026 | Reelect Odile Georges-Picot as Director | Director Elections | Board | AGAINST | 1 | |
| Eisai Co., Ltd. | June 17, 2026 | Elect Director Kato, Hiroyuki | Director Elections | Board | AGAINST | 1 | |
| Eisai Co., Ltd. | June 17, 2026 | Elect Director Takahashi, Kenta | Director Elections | Board | AGAINST | 1 | |
| El Al Israel Airlines Ltd. | December 31, 2025 | Approve Updated Employment Terms of Amikam Ben Zvi, Chairman | Compensation | Board | AGAINST | 1 | |
| El Al Israel Airlines Ltd. | February 26, 2026 | Approve Employment Terms of Levy Halevy, Incoming CEO, Including Grant of Equity | Compensation | Board | AGAINST | 1 | |
| Elan Corp. | March 25, 2026 | Elect Director Minezaki, Tomohiro | Director Elections | Board | AGAINST | 1 | |
| Elan Corp. | March 25, 2026 | Elect Director and Audit Committee Member Aikawa, Naohide | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Elect Carmen Morenes Giles as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Elect Marta Prado Aranguren as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Reelect Ignacio Maria Prado Rey-Baltar as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Reelect Irene Hernandez Alvarez as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Reelect Jaime Real de Asua Arteche as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Reelect Juan Ignacio Landecho Sarabia as Director | Director Elections | Board | AGAINST | 1 | |
| Elecnor SA | May 26, 2026 | Reelect Miguel Maria Cervera Earle as Director | Director Elections | Board | AGAINST | 1 | |
| Elecom Co., Ltd. | June 26, 2026 | Appoint Alternate Statutory Auditor Masuda, Yutaka | Compensation | Board | AGAINST | 1 | |
| Electra Consumer Products Ltd. | January 1, 2026 | Elect Isaac Zinger as Director and Approve His Remuneration | Director Elections | Board | AGAINST | 1 | |
| Electra Consumer Products Ltd. | January 1, 2026 | Reappoint Kost Forer Gabbay & Kasierer (EY) as Auditors and Report Fees Paid to Auditors | Audit-related | Board | AGAINST | 1 | |
| Electra Consumer Products Ltd. | January 1, 2026 | Reelect Michael Joseph Salkind as Director | Director Elections | Board | AGAINST | 1 | |
| Electra Ltd. | September 30, 2025 | Reappoint Kost Forer Gabbay & Kasierer as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Electricite de Strasbourg SA | June 4, 2026 | Approve Remuneration Policy of CEO | Compensation | Board | AGAINST | 1 | |
| Electricite de Strasbourg SA | June 4, 2026 | Approve Remuneration Policy of Vice-CEO | Compensation | Board | AGAINST | 1 | |
| Electricite de Strasbourg SA | June 4, 2026 | Elect Anne Jancovici as Director | Director Elections | Board | AGAINST | 1 | |
| Electricite de Strasbourg SA | June 4, 2026 | Elect Christine Meyer-Forrler as Director | Director Elections | Board | AGAINST | 1 | |
| Electricite de Strasbourg SA | June 4, 2026 | Ratify Appointment of Anne Jancovici as Director Following Resignation of Pascale Granotier | Director Elections | Board | AGAINST | 1 | |
| Electro Optic Systems Holdings Limited | May 19, 2026 | Approve Grant of Options to Andreas Schwer | Compensation | Board | AGAINST | 1 | |
| Electromed, Inc. | November 14, 2025 | Election of Directors, thereby setting the number of directors at eight: Gregory J. Fluet | Director Elections | Board | WITHHOLD | 1 | |
| Electronic Arts Inc. | August 14, 2025 | Advisory Vote to Ratify Named Executive Officers' Compensation | Say-on-Pay | Board | AGAINST | 1 | |
| Electronic Arts Inc. | December 22, 2025 | Advisory Vote on Golden Parachutes | Say-on-Pay | Board | AGAINST | 1 | |
| Eledon Pharmaceuticals, Inc. | June 18, 2026 | Election of Class III Directors: Jan Hillson, M.D. | Director Elections | Board | WITHHOLD | 1 | |
| Elementis Plc | April 29, 2026 | Re-elect Christopher Mills as Director | Director Elections | Board | AGAINST | 1 | |
| Elevance Health, Inc. | May 13, 2026 | Advisory Vote to Approve the Compensation of Our Named Executive Officers ("Say-on-Pay"). | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Elevance Health, Inc. | May 13, 2026 | Election of Directors: Deanna D. Strable | Director Elections | Board (inferred) | AGAINST | 1 | |
| Elevance Health, Inc. | May 13, 2026 | Ratification of Ernst & Young LLP as Auditors for 2026. | Audit-related | Board (inferred) | AGAINST | 1 | |
| Eli Lilly and Company | May 4, 2026 | Approval, on an advisory basis, of the compensation paid to the company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Eli Lilly and Company | May 4, 2026 | Ratification of the appointment of Ernst & Young LLP as the independent auditor for 2026. | Audit-related | Board (inferred) | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge End of Mandate of Intercommunal Association Interfin, Permanently Represented by Thibaud Wyngaard, as Director and Elect Nadege Lacroix as Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Passing of Geert Versnick as Chairman and Director and Approve Co-optation of Christophe Peeters as Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Frank Donck as Independent Director and Approve Co-optation of Ed Merc BV, Permanently Represented by Pieter De Crem, as Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Pascale Van Damme as Independent Director and Approve Co-optation of Aurora Nova BV, Permanently Represented by Pascale Van Damme, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Pieter De Crem as Director and Approve Co-optation of Joachim Coens as Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Acknowledge Resignation of Roberte Kesteman as Independent Director and Approve Co-optation of Symvouli BV, Permanently Represented by Roberte Kesteman, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Approve Amended Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Elia Group SA/NV | May 19, 2026 | In the Event that the Article Amendment Proposed under Item 5 of the EGM is Approved: Elect Pascal De Buck as Director | Director Elections | Board | AGAINST | 1 | |
| Elior Group SA | February 4, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 505,000 | Capital Structure | Board | AGAINST | 1 | |
| Elisa Oyj | April 1, 2026 | Reelect Tuomas Hyyrylainen, Kim Ignatius, Katariina Kravi (Vice Chair), Pia Kall, Urs Schaeppi, Eva-Lotta Sjostedt and Christoph Vitzthum (Chair) as Directors; Elect Rene Lindell and Jane Silber as New Directors | Director Elections | Board | AGAINST | 1 | |
| Elkem ASA | April 30, 2026 | Reelect Marianne Elisabeth Johnsen as Director; Elect Helge Aasen, Christian Must, Astri Margrethe Hilde and Richard Olav Aa as New Directors | Director Elections | Board | AGAINST | 1 | |
| Ellington Financial Inc. | May 28, 2026 | Election of Directors: Stephen J. Dannhauser | Director Elections | Board | WITHHOLD | 1 | |
| Elmera Group ASA | April 30, 2026 | Reelect Steinar Sonsteby (Chair) as Director | Director Elections | Board | AGAINST | 1 | |
| Elmos Semiconductor SE | May 27, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Elmos Semiconductor SE | May 27, 2026 | Elect Guido Meyer to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| Elmos Semiconductor SE | May 27, 2026 | Elect Tobias Weyer to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| Elopak ASA | May 13, 2026 | Reelect Manuel Arbiol, Marianne Odegaard Ribe, Sid Johari and Anna Belfrage as Directors | Director Elections | Board | AGAINST | 1 | |
| Emeco Holdings Limited | November 20, 2025 | Approve Issuance of Rights Under the FY23 Emeco Long Term Incentive Plan to Ian Testrow | Compensation | Board | AGAINST | 1 | |
| Emeco Holdings Limited | November 20, 2025 | Approve Issuance of Rights Under the FY25 CEO Short Term Incentive Plan to Ian Testrow | Compensation | Board | AGAINST | 1 | |
| Emeco Holdings Limited | November 20, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Emerald Holding, Inc. | May 21, 2026 | Election of Class III Directors: Michael Alicea | Director Elections | Board | WITHHOLD | 1 | |
| Emerson Electric Co. | February 3, 2026 | ELECTION OF DIRECTORS FOR TERMS ENDING IN 2029: Martin S. Craighead | Director Elections | Board | AGAINST | 1 | |
| Emirates Telecommunications Group Co. PJSC | March 30, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 1 | |
| Emirates Telecommunications Group Co. PJSC | March 30, 2026 | Approve the Purchase of Company's Issued Share Capital up to 0.5% within 9 Years from the date of General Assembly's Approval to be Used for Long Term Incentive Program which will be from 2025 until 2033 | Capital Structure | Board | AGAINST | 1 | |
| Emmi AG | April 9, 2026 | Approve Variable Remuneration of Executive Committee in the Amount of CHF 1.3 Million | Compensation | Board | AGAINST | 1 | |
| Emmi AG | April 9, 2026 | Ratify KPMG AG as Auditors | Audit-related | Board | AGAINST | 1 | |
| Emmi AG | April 9, 2026 | Reappoint Thomas Grueter as Member of the Personnel and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Emmi AG | April 9, 2026 | Reappoint Urs Riedener as Member of the Personnel and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Emperor International Holdings Limited | August 15, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Emperor International Holdings Limited | August 15, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Endeavour Group Ltd. (Australia) | November 17, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Energean Plc | May 20, 2026 | Re-elect Martin Houston as Director | Director Elections | Board | AGAINST | 1 | |
| Energiekontor AG | July 2, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Energiekontor AG | May 27, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Energisa SA | April 29, 2026 | Amend Long-Term Incentive Plan Approved at the April 25, 2018, EGM | Compensation | Board | AGAINST | 1 | |
| Energisa SA | April 29, 2026 | Approve Remuneration of Company's Management | Compensation | Board | AGAINST | 1 | |
| Energisa SA | April 29, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Jose Antonio de Almeida Filippo as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Luciana de Oliveira Cezar Coelho as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Luiz Eduardo Froes do Amaral Osorio as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Miguel Nuno Simoes Nunes Ferreira Setas as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Omar Carneiro da Cunha Sobrinho as Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Perez Botelho as Director | Director Elections | Board | ABSTAIN | 1 | |
| Energisa SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Rogerio Sekeff Zampronha as Independent Director | Director Elections | Board | ABSTAIN | 1 | |
| Energix-Renewable Energies Ltd. | August 6, 2025 | Reappoint Brightman Almagor Zohar & Co. as Auditors and Report on Fees Paid to the Auditors | Audit-related | Board | AGAINST | 1 | |
| Energix-Renewable Energies Ltd. | April 28, 2026 | Reappoint Brightman Almagor Zohar & Co. as Auditors and Report on Fees Paid to the Auditors | Audit-related | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.