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MASTER INVESTMENT PORTFOLIO 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal MASTER INVESTMENT PORTFOLIO 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

3,142 proposals.

MASTER INVESTMENT PORTFOLIO, 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 recommendedMASTER INVESTMENT PORTFOLIO votedFunds
DAILY JOURNAL CORPORATION February 24, 2026 Election of Director: Mary Conlin Director Elections Board AGAINST 1
DAIMLER TRUCK HOLDING AG May 6, 2026 Reelect Joe Kaeser to the Supervisory Board Director Elections Board AGAINST 1
DALLAH HEALTHCARE CO. October 19, 2025 VOTING ON THE COMPANYS PURCHASE OF UP TO (622,450) OF ITS SHARES TO BE HELD AS TREASURY SHARES FOR THE PURPOSE OF ALLOCATING THEM TO THE COMPANYS EMPLOYEES UNDER THE EMPLOYEE STOCK PROGRAM. THE PURCHASE WILL BE FINANCED FROM THE COMPANYS OWN RESOURCES, AND THE BOARD OF DIRECTORS WILL BE AUTHORIZED TO COMPLETE THE PURCHASE WITHIN EIGHTEEN (18) MONTHS FROM THE DATE OF THE EXTRAORDINARY GENERAL ASSEMBLY RESOLUTION. THE COMPANY SHALL RETAIN THE PURCHASED SHARES FOR A MAXIMUM OF SEVEN (7) YEARS FROM THE DATE OF THE EXTRAORDINARY GENERAL ASSEMBLY APPROVAL, AFTER WHICH THE COMPANY SHALL COMPLY WITH THE RELEVANT LAWS AND REGULATIONS. (SUBJECT TO THE APPROVAL OF ITEM NO. 2) Capital Structure Board AGAINST 1
DALLAH HEALTHCARE CO. October 19, 2025 VOTING ON THE ELECTION OF THE MEMBER OF THE BOARD OF DIRECTORS FROM AMONG THE CANDIDATES FOR THE NEXT FOUR-YEARS SESSION, WHICH STARTS ON 21/10/2025 AND ENDS ON 20/10/2029: MR. THAMER MESFER AL-WADAI Director Elections Board ABSTAIN 1
DALLAH HEALTHCARE CO. October 19, 2025 VOTING ON THE ESTABLISHMENT OF THE EMPLOYEE STOCK PROGRAM (LONG-TERM INCENTIVE PLAN) AND AUTHORIZING THE BOARD OF DIRECTORS TO DETERMINE THE TERMS OF THIS PROGRAM AND IMPLEMENT IT Compensation Board AGAINST 1
DALLAH HEALTHCARE CO. October 19, 2025 VOTING ON THE RECOMMENDATION OF THE BOARD OF DIRECTORS TO CHANGE THE PURPOSE OF RETAINING (377,550) SHARES OF THE COMPANY AS TREASURY SHARES, WHICH WAS TO USE THEM IN FUTURE SWAP TRANSACTIONS FOR THE ACQUISITION OF SHARES OR STAKES IN A COMPANY OR FOR THE PURCHASE OF AN ASSET, SO THAT THE PURPOSE OF THESE SHARES SHALL BE THEIR ALLOCATION UNDER THE EMPLOYEE INCENTIVE PROGRAM. (SUBJECT TO THE APPROVAL OF ITEM NO. 2) Capital Structure Board AGAINST 1
DAQIN RAILWAY CO LTD September 23, 2025 AGREEMENT ON THE TRANSFER OF LAND USE RIGHT FOR STATE-OWNED AUTHORIZED OPERATION TO BE RE-SIGNED Extraordinary Transactions Board AGAINST 1
DAQIN RAILWAY CO LTD January 6, 2026 RENEWAL OF THE COMPREHENSIVE SERVICES FRAMEWORK AGREEMENT WITH A COMPANY Extraordinary Transactions Board AGAINST 1
DAQIN RAILWAY CO LTD January 6, 2026 RENEWAL OF THE FINANCIAL SERVICE AGREEMENT WITH ANOTHER COMPANY Extraordinary Transactions Board AGAINST 1
DAR AL ARKAN REAL ESTATE DEVELOPMENT CO. June 23, 2026 Approve Related Party Transactions with Dar Global PLC Re: Providing Financing Facilities Extraordinary Transactions Board AGAINST 1
DAR AL ARKAN REAL ESTATE DEVELOPMENT CO. June 23, 2026 Ratify Auditors and Fix Their Remuneration of Q2, Q3, and Annual Statements of FY 2026 and Q1 of FY 2027 Audit-related Board ABSTAIN 1
DASSAULT AVIATION SA May 13, 2026 APPOINT GRANT THORNTON AS AUDITOR Audit-related Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 APPROVE COMPENSATION REPORT Compensation Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 APPROVE REMUNERATION POLICY OF CHAIRMAN AND CEO Say-on-Pay Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 APPROVE REMUNERATION POLICY OF VICE-CEO Say-on-Pay Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 APPROVE TRANSACTION WITH GIMD RE: TERMINATION OF COMMERCIAL LEASE FOR THE ARGENTEUIL SITE Extraordinary Transactions Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 REELECT MARIE-HELENE HABERT AS DIRECTOR Director Elections Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 RENEW APPOINTMENT OF PRICEWATERHOUSECOOPERS AS AUDITOR Audit-related Board AGAINST 1
DASSAULT AVIATION SA May 13, 2026 RENEW APPOINTMENT PRICEWATERHOUSECOOPERS AS AUDITOR FOR SUSTAINABILITY REPORTING Audit-related Board AGAINST 1
DASSAULT SYSTEMES SE May 20, 2026 Approve Compensation of Bernard Charlès, Chairman of the Board Say-on-Pay Board AGAINST 1
DAVE INC. June 2, 2026 Director Election Dan Preston Director Elections Board WITHHOLD 1
DAVIDE CAMPARI-MILANO N.V. April 16, 2026 AUTHORIZATION OF THE BOARD OF DIRECTORS TO REPURCHASE SHARES IN THE COMPANY Capital Structure Board AGAINST 1
DAVIDE CAMPARI-MILANO N.V. April 16, 2026 RELEASE FROM LIABILITY OF THE NON-EXECUTIVE DIRECTORS Director Elections Board AGAINST 1
DAVIDE CAMPARI-MILANO N.V. April 16, 2026 REMUNERATION REPORT 2025 Say-on-Pay Board AGAINST 1
DB INSURANCE CO. LTD March 20, 2026 Elect Kim So-hui as Outside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 1
DB INSURANCE CO. LTD March 20, 2026 Elect Lee Hyeon-seung as Outside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 1
DELIVERY HERO SE June 23, 2026 APPROVE DISCHARGE OF MANAGEMENT BOARD MEMBER DAVID PIETER-JAN VANDEPITTE FOR FISCAL YEAR 2025 Director Elections Board AGAINST 1
DELIVERY HERO SE June 23, 2026 APPROVE DISCHARGE OF MANAGEMENT BOARD MEMBER LARS NIKLAS OSTBERG FOR FISCAL YEAR 2025 Director Elections Board AGAINST 1
DELIVERY HERO SE June 23, 2026 APPROVE DISCHARGE OF MANAGEMENT BOARD MEMBER MARIE-ANNE POPP FOR FISCAL YEAR 2025 Director Elections Board AGAINST 1
DELIVERY HERO SE June 23, 2026 ELECT SCOTT FERGUSON TO THE SUPERVISORY BOARD Director Elections Board AGAINST 1
DELL TECHNOLOGIES INC. June 25, 2026 Approval of the Redomestication Proposal providing for the redomestication of Dell Technologies Inc. from Delaware to Texas by conversion as disclosed in the proxy statement Extraordinary Transactions Board AGAINST 1
DEMANT A/S March 5, 2026 Approve Guidelines for Incentive-Based Compensation for Executive Management and Board Say-on-Pay Board AGAINST 1
DEMANT A/S March 5, 2026 Approve Remuneration Report (Advisory Vote) Say-on-Pay Board AGAINST 1
DEMANT A/S March 5, 2026 Reelect Niels Jacobsen as Director Director Elections Board ABSTAIN 1
DIGITALBRIDGE GROUP, INC. May 28, 2026 To approve, on a non-binding, advisory basis, named executive officer compensation Say-on-Pay Board AGAINST 1
DILLARD'S, INC. August 19, 2025 To approve the reincorporation of the Company from the State of Delaware to the State of Texas by conversion. Extraordinary Transactions Board AGAINST 1
DILLARD'S, INC. May 28, 2026 ELECTION OF DIRECTORS James I. Freeman Director Elections Board WITHHOLD 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Discharge of Eryk Bajer (Supervisory Board Member) Director Elections Board AGAINST 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Discharge of Maciej Polanowski (Supervisory Board Deputy Chair) Director Elections Board AGAINST 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Discharge of Marcin Jedraszak (Management Board Member) Director Elections Board AGAINST 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Discharge of Piotr Borowski (Supervisory Board Member) Director Elections Board AGAINST 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Discharge of Slawomir Jakszuk (Supervisory Board Member) Director Elections Board AGAINST 1
DINO POLSKA SPOLKA AKCYJNA June 22, 2026 Approve Remuneration Report Say-on-Pay Board AGAINST 1
DIVERSIFIED HEALTHCARE TRUST June 10, 2026 DIRECTOR: Adam Portnoy# Director Elections Board ABSTAIN 1
DIVI'S LABORATORIES LTD August 11, 2025 APPROVAL FOR ENHANCEMENT OF REMUNERATION OF MR. NIMMAGADDA VENKATA ANIRUDH, HEAD OF NUTRACEUTICALS, A RELATED PARTY Compensation Board AGAINST 1
DONEGAL GROUP INC. April 16, 2026 DIRECTOR: Annette B. Szady* Director Elections Board ABSTAIN 1
DONEGAL GROUP INC. April 16, 2026 DIRECTOR: David C. King* Director Elections Board ABSTAIN 1
DOXIMITY, INC August 28, 2025 To approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers for the fiscal year ended March 31, 2025. Say-on-Pay Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 APPROVAL OF DR. LAL PATHLABS EMPLOYEE RESTRICTED STOCK UNIT PLAN 2025 Compensation Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 APPROVAL OF GRANT OF OPTIONS TO THE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES) OF THE COMPANY UNDER DR. LAL PATHLABS EMPLOYEE RESTRICTED STOCK UNIT PLAN 2025 Compensation Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 APPROVAL OF REDUCTION OF OPTIONS RESERVE UNDER DR. LAL PATHLABS EMPLOYEE STOCK OPTION PLAN 2022 Compensation Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 APPROVAL OF SECONDARY ACQUISITION OF SHARES THROUGH TRUST ROUTE FOR THE IMPLEMENTATION OF DR. LAL PATHLABS EMPLOYEE RESTRICTED STOCK UNIT PLAN 2025 Compensation Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 ISSUING BONUS EQUITY SHARES Capital Structure Board AGAINST 1
DR. LAL PATHLABS LTD December 7, 2025 PROVISION OF MONEY TO BE PROVIDED BY THE COMPANY FOR PURCHASE OF ITS OWN SHARES BY THE TRUST UNDER DR. LAL PATHLABS EMPLOYEE RESTRICTED STOCK UNIT PLAN 2025 Compensation Board AGAINST 1
DR. SULAIMAN AL-HABIB MEDICAL SERVICES GROUP CO. April 28, 2026 Approve Related Party Transactions between Wajehat Al Manar Investment Company and Sehat Al Sahel Company Re: Purchase a Plot of Land in Al Manar Neighborhood in Dammam City Extraordinary Transactions Board AGAINST 1
DR. SULAIMAN AL-HABIB MEDICAL SERVICES GROUP CO. April 28, 2026 Ratify Auditors and Fix Their Remuneration to Review and Audit Q2, Q3 and Annual Statements of FY 2026 and Q1, Q2, Q3 and Annual Statements of FY 2027, and Q1 of FY 2028 Audit-related Board ABSTAIN 1
DUALITY BIOTHERAPEUTICS, INC. June 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
DUALITY BIOTHERAPEUTICS, INC. June 26, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
DUALITY BIOTHERAPEUTICS, INC. June 26, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
DUBAI ISLAMIC BANK P.J.S.C. April 1, 2026 Approve Remuneration of Directors Compensation Board AGAINST 1
DUBAI ISLAMIC BANK P.J.S.C. April 1, 2026 Elect Board of Directors for the Period 2026 - 2029 Director Elections Board AGAINST 1
DUBAI ISLAMIC BANK P.J.S.C. April 1, 2026 Ratify Appointment of Auditors and Fix Their Remuneration for FY 2026 Audit-related Board ABSTAIN 1
DUBAI ISLAMIC BANK P.J.S.C. April 1, 2026 Ratify Appointment of the Internal Shariah Supervisory Committee Members for FY 2026 Director Elections Board AGAINST 1
DXP ENTERPRISES, INC. June 12, 2026 DIRECTOR: Karen Hoffman Director Elections Board ABSTAIN 1
DXP ENTERPRISES, INC. June 12, 2026 DIRECTOR: Timothy P. Halter Director Elections Board ABSTAIN 1
EAGLE PHARMACEUTICALS, INC. October 17, 2025 To ratify the selection by the audit committee of the Board of Directors of BDO USA, P.C. as the Company's auditor for the fiscal year ending December 31, 2025. Audit-related Board AGAINST 1
EDGEWISE THERAPEUTICS INC June 4, 2026 DIRECTOR: Badreddin Edris, Ph.D. Director Elections Board ABSTAIN 1
EDGEWISE THERAPEUTICS INC June 4, 2026 DIRECTOR: Jonathan Root, M.D. Director Elections Board ABSTAIN 1
EIFFAGE SA April 22, 2026 Approve Remuneration Policy of Directors Say-on-Pay Board AGAINST 1
ELEMENT SOLUTIONS INC May 4, 2026 Advisory vote to approve the Company's 2025 executive compensation Say-on-Pay Board AGAINST 1
ELEMENT SOLUTIONS INC May 4, 2026 Election of Directors Ian G.H. Ashken Director Elections Board AGAINST 1
ELEMENT SOLUTIONS INC May 4, 2026 Election of Directors Michael F. Goss Director Elections Board AGAINST 1
ELEMENT SOLUTIONS INC May 4, 2026 Election of Directors Susan W. Sofronas Director Elections Board 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 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 Say-on-Pay Board AGAINST 1
ELIA GROUP SA/NV May 19, 2026 Approve Discharge of Directors Director Elections Board AGAINST 1
ELIA GROUP SA/NV May 19, 2026 Approve Remuneration Report Say-on-Pay 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
EMAAR DEVELOPMENT PJSC March 26, 2026 Elect Zaynab Al Baloushi as Director Director Elections Board ABSTAIN 1
EMAAR PROPERTIES March 25, 2026 Ratify the Appointment of Matar Al Humeeri as Director Director Elections Board AGAINST 1
EMIRATES TELECOMMUNICATIONS GROUP COMPANY PJSC (ET March 30, 2026 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 1
EMS-CHEMIE HOLDING AG August 9, 2025 APPROVE REMUNERATION OF EXECUTIVE COMMITTEE IN THE AMOUNT OF CHF 3.1 MILLION Compensation Board AGAINST 1
EMS-CHEMIE HOLDING AG August 9, 2025 REELECT BERNHARD MERKI AS DIRECTOR, BOARD CHAIR, AND MEMBER OF THE COMPENSATION COMMITTEE Director Elections Board AGAINST 1
EMS-CHEMIE HOLDING AG August 9, 2025 REELECT KASPAR KELTERBORN AS DIRECTOR AND MEMBER OF THE COMPENSATION COMMITTEE Director Elections Board AGAINST 1
EMS-CHEMIE HOLDING AG August 9, 2025 REELECT RAINER ROTEN AS DIRECTOR AND MEMBER OF THE COMPENSATION COMMITTEE Director Elections 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 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
ENEVA SA February 5, 2026 TO APPROVE THE 2026 INCENTIVE AND LONG-TERM SHARE-BASED COMPENSATION PLAN, RESTRICTED UNITS, PURSUANT TO THE MANAGEMENT'S PROPOSAL Compensation Board AGAINST 1
ENGIE SA April 29, 2026 Reelect Marie-Claire Daveu as Director Director Elections Board AGAINST 1
ENGINEERS INDIA LTD September 24, 2025 TO APPOINT A DIRECTOR IN PLACE OF SHRI ATUL GUPTA (DIN: 09704622), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT Director Elections Board AGAINST 1

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Built October 13, 2026 from SEC Form N-PX filings.