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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
NORSK HYDRO ASA May 7, 2026 ELECT PIA AALTONEN-FORSELL AS NEW DIRECTOR Director Elections Board AGAINST 1
NORTHEAST COMMUNITY BANCORP, INC. May 21, 2026 DIRECTOR: John F. McKenzie Director Elections Board ABSTAIN 1
NOVA LTD June 18, 2026 ELECT RAMI HADAR AS DIRECTOR Director Elections Board AGAINST 1
NOVA LTD June 18, 2026 REELECT YANIV GARTY AS DIRECTOR Director Elections Board AGAINST 1
NOVAGOLD RESOURCES INC. May 14, 2026 Approval of Non-Binding Advisory Vote on Executive Compensation - To consider and, if deemed advisable, pass a non-binding resolution approving the compensation of the Company's Named Executive Officers. Say-on-Pay Board AGAINST 1
NOVO NORDISK A/S November 14, 2025 ELECT BRITT MEELBY JENSEN AS NEW DIRECTOR Director Elections Board ABSTAIN 1
NOVO NORDISK A/S November 14, 2025 ELECT CEES DE JONG (VICE CHAIR) AS NEW DIRECTOR Director Elections Board ABSTAIN 1
NOVO NORDISK A/S March 26, 2026 Approve Remuneration Report (Advisory Vote) Say-on-Pay Board AGAINST 1
NOVOCURE LIMITED June 3, 2026 The approval of our amended and restated 2024 Omnibus Incentive Plan. Compensation Board AGAINST 1
NTPC LTD August 29, 2025 TO APPOINT SHRI ANIL KUMAR JADLI (DIN: 10630150), AS DIRECTOR (HUMAN RESOURCES) OF THE COMPANY Director Elections Board AGAINST 1
NTPC LTD August 29, 2025 TO APPOINT SHRI SHIVAM SRIVASTAVA (DIN: 10141887), DIRECTOR (FUEL), WHO RETIRES BY ROTATION AS A DIRECTOR Director Elections Board AGAINST 1
NTPC LTD August 29, 2025 TO APPOINT SHRI SUSHIL KUMAR CHOUDHARY (DIN: 11111980), AS AN INDEPENDENT DIRECTOR OF THE COMPANY Director Elections Board AGAINST 1
NTPC LTD August 29, 2025 TO RE-APPOINT SHRI GURDEEP SINGH (DIN: 00307037), AS CHAIRMAN AND MANAGING DIRECTOR OF THE COMPANY Compensation Board AGAINST 1
NUSCALE POWER CORPORATION May 29, 2026 An advisory vote to approve the Company's executive compensation. Say-on-Pay Board AGAINST 1
NUTEX HEALTH INC. April 23, 2026 DIRECTOR: Scott J. Saunders Director Elections Board ABSTAIN 1
O'REILLY AUTOMOTIVE, INC. May 14, 2026 Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." Other Social Issues Shareholder Against FOR 1
OBIC CO.,LTD. June 25, 2026 Appoint a Director Gomi, Yasumasa Director Elections Board AGAINST 1
OBIC CO.,LTD. June 25, 2026 Appoint a Director Noda, Masahiro Director Elections Board AGAINST 1
OBIC CO.,LTD. June 25, 2026 Appoint a Director Tachibana, Shoichi Director Elections Board AGAINST 1
OCULAR THERAPEUTIX, INC. June 10, 2026 To approve an advisory vote on named executive officer compensation. Say-on-Pay Board AGAINST 1
OIL & NATURAL GAS CORPORATION LTD August 29, 2025 APPOINTMENT OF SHRI ARUNANGSHU SARKAR (DIN: 10777112) AS DIRECTOR (STRATEGY AND CORPORATE AFFAIRS) OF THE COMPANY Director Elections Board AGAINST 1
OIL & NATURAL GAS CORPORATION LTD August 29, 2025 APPOINTMENT OF SHRI OM PRAKASH SINHA (DIN: 09696074) AS DIRECTOR (EXPLORATION) OF THE COMPANY Director Elections Board AGAINST 1
OIL & NATURAL GAS CORPORATION LTD August 29, 2025 APPOINTMENT OF SHRI VIKRAM SAXENA (DIN: 10892368) AS DIRECTOR (TECHNOLOGY AND FIELD SERVICES) OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF DR. ANKUR BARUAH [DIN:10927299] AS DIRECTOR (HUMAN RESOURCES) OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF MS. POOJA SURI [DIN:03077515] AS INDEPENDENT DIRECTOR OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF SHRI ABHIJIT MAJUMDER [DIN:10788427] AS DIRECTOR (FINANCE) OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF SHRI MOTI LAL MEENA [DIN:11111214] AS INDEPENDENT DIRECTOR OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF SHRI RAJU REVANAKAR [DIN: 09398201] AS INDEPENDENT DIRECTOR OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 APPOINTMENT OF SHRI TRAILUKYA BORGOHAIN [DIN:10788428] AS DIRECTOR (OPERATIONS) OF THE COMPANY Director Elections Board AGAINST 1
OIL INDIA LTD September 18, 2025 TO APPOINT A DIRECTOR IN PLACE OF SHRI SALOMA YOMDO (DIN:10696034), DIRECTOR (EXPLORATION AND DEVELOPMENT) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT Director Elections Board AGAINST 1
OKEANIS ECO TANKERS CORP May 29, 2026 DIRECTOR: Charlotte Stratos Director Elections Board ABSTAIN 1
OKEANIS ECO TANKERS CORP May 29, 2026 DIRECTOR: P. S. Konstantinidis Director Elections Board ABSTAIN 1
OKLO INC. June 3, 2026 DIRECTOR: Richard W. Kinzley Director Elections Board ABSTAIN 1
OLD MUTUAL LIMITED June 5, 2026 Approve Remuneration Implementation Report Say-on-Pay Board AGAINST 1
OLYMPIC STEEL, INC. February 12, 2026 Advisory Compensation Proposal - To approve, on an advisory basis, certain compensation that may be paid or become payable to Olympic Steel Inc.'s named executive officers that is based on or otherwise relates to the merger Say-on-Pay Board AGAINST 1
OMV AG May 27, 2026 Approve Allocation of Income and Dividends of EUR 3.15 per Share Capital Structure Board AGAINST 1
OMV AG May 27, 2026 Elect Edith Hlawati as Supervisory Board Member Director Elections Board AGAINST 1
ON HOLDING AG May 28, 2026 Consultative Vote on the 2025 Compensation Report Say-on-Pay Board AGAINST 1
OP BANCORP May 28, 2026 DIRECTOR: Yong Sin Shin Director Elections Board ABSTAIN 1
ORACLE CORPORATION November 18, 2025 DIRECTOR: Bruce R. Chizen Director Elections Board ABSTAIN 1
ORACLE CORPORATION JAPAN August 22, 2025 Appoint a Director Natsuno, Takeshi Director Elections Board AGAINST 1
ORIC PHARMACEUTICALS, INC. June 18, 2026 To approve the ORIC Pharmaceuticals, Inc. 2020 Equity Incentive Plan, as amended and restated. Compensation Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Elect Chen Ying as Director Director Elections Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Elect Chung Shui Ming Timpson as Director Director Elections Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Elect Wang Dan as Director Director Elections Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Elect Yang Liang Yee Philip as Director Director Elections Board AGAINST 1
ORIENT OVERSEAS (INTERNATIONAL) LTD May 21, 2026 Elect Yu Fulin as Director Director Elections Board AGAINST 1
ORIENTAL LAND CO.,LTD. June 26, 2026 Appoint a Director Hanada, Tsutomu Director Elections Board AGAINST 1
ORIENTAL LAND CO.,LTD. June 26, 2026 Appoint a Director Kikuchi, Misao Director Elections Board AGAINST 1
ORKLA ASA April 23, 2026 REELECT BENGT A. REM AS DIRECTOR Director Elections Board AGAINST 1
ORKLA ASA April 23, 2026 REELECT LISELOTT KILAAS AS DIRECTOR Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Ewa Sowinska (Supervisory Board Member) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Magdalena Bartos (Deputy CEO) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Marian Sewerski (Supervisory Board Member) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Slawomir Jedrzejczyk (Deputy CEO) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Slawomir Staszak (Management Board Member) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Discharge of Tomasz Zielinski (Supervisory Board Member) Director Elections Board AGAINST 1
ORLEN SPOLKA AKCYJNA June 9, 2026 Approve Remuneration Report Say-on-Pay Board AGAINST 1
ORSTED April 9, 2026 REELECT JULIAN DAVID WALDRON AS DIRECTOR Director Elections Board ABSTAIN 1
OSI SYSTEMS, INC. December 11, 2025 Election of Directors James B. Hawkins Director Elections Board AGAINST 1
OSI SYSTEMS, INC. December 11, 2025 Election of Directors Kelli Bernard Director Elections Board AGAINST 1
PACIRA BIOSCIENCES, INC. June 9, 2026 Approval of the Amended and Restated 2011 Stock Incentive Plan Compensation Board AGAINST 1
PACIRA BIOSCIENCES, INC. June 9, 2026 Approval, on an advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
PACIRA BIOSCIENCES, INC. June 9, 2026 COMPANY NOMINEE OPPOSED BY DOMA: Christopher J. Christie Director Elections Board WITHHOLD 1
PACIRA BIOSCIENCES, INC. June 9, 2026 DOMA NOMINEE: Christopher Dennis Director Elections Board WITHHOLD 1
PACIRA BIOSCIENCES, INC. June 9, 2026 DOMA NOMINEE: Oliver Benton "Ben" Curtis III Director Elections Board WITHHOLD 1
PAGSEGURO DIGITAL LTD. May 27, 2026 Election of Director: Maria Judith de Brito Director Elections Board AGAINST 1
PALANTIR TECHNOLOGIES INC. June 3, 2026 DIRECTOR: Alexander Moore Director Elections Board ABSTAIN 1
PALANTIR TECHNOLOGIES INC. June 3, 2026 DIRECTOR: Alexandra Schiff Director Elections Board ABSTAIN 1
PALANTIR TECHNOLOGIES INC. June 3, 2026 Stockholder proposal entitled "Human Rights Impact Assessment," if properly presented at the Annual Meeting. Human Rights or Human Capital/workforce Shareholder Against FOR 1
PALANTIR TECHNOLOGIES INC. June 3, 2026 Stockholder proposal entitled "Political Spending Disclosure," if properly presented at the Annual Meeting. Other Social Issues Shareholder Against FOR 1
PANDORA A/S March 11, 2026 Approve Remuneration Report (Advisory Vote) Say-on-Pay Board AGAINST 1
PANDORA A/S March 11, 2026 Reelect Jan Zijderveld as Director Director Elections Board ABSTAIN 1
PANDORA A/S March 11, 2026 Reelect Marianne Kirkegaard as Director Director Elections Board ABSTAIN 1
PANDORA A/S March 11, 2026 Reelect Peter A. Ruzicka as Director Director Elections Board ABSTAIN 1
PAR PACIFIC HOLDINGS, INC. April 30, 2026 DIRECTOR: Patricia Martinez Director Elections Board ABSTAIN 1
PAR TECHNOLOGY CORPORATION May 29, 2026 Non-binding advisory vote to approve the compensation of the Company's Named Executive Officers ("Say-on-Pay Vote"). Say-on-Pay Board AGAINST 1
PARAMOUNT GLOBAL July 2, 2025 The amendment and restatement of the Company's 2015 Equity Plan for Outside Directors, primarily to extend the plan's term. Compensation Board AGAINST 1
PAYPAL HOLDINGS, INC. May 19, 2026 Advisory Vote to Approve Named Executive Officer Compensation. Say-on-Pay Board AGAINST 1
PAYPAL HOLDINGS, INC. May 19, 2026 Election of the 11 Director Nominees Named in the ProxyStatement. David W. Dorman Director Elections Board AGAINST 1
PAYPAL HOLDINGS, INC. May 19, 2026 Election of the 11 Director Nominees Named in the ProxyStatement. Frank D. Yeary Director Elections Board AGAINST 1
PB FINTECH LIMITED June 12, 2026 APPROVAL OF AMENDMENT IN THE PB FINTECH EMPLOYEES STOCK OPTION PLAN, 2021 ("ESOP 2021") TO EXTEND THE CLOSING DATE Compensation Board AGAINST 1
PBF ENERGY INC. April 28, 2026 Election of Directors Lawrence M. Ziemba Director Elections Board AGAINST 1
PBF ENERGY INC. April 28, 2026 Election of Directors S. Eugene Edwards Director Elections Board AGAINST 1
PC CONNECTION, INC. May 13, 2026 DIRECTOR: David Beffa-Negrini Director Elections Board ABSTAIN 1
PDD HOLDINGS INC. December 19, 2025 As an ordinary resolution: THAT Dr. Ivonne M.C.M. Rietjens be re-elected as a director of the Company. Director Elections Board AGAINST 1
PDD HOLDINGS INC. December 19, 2025 As an ordinary resolution: THAT Mr. Haifeng Lin be re-elected as a director of the Company. Director Elections Board AGAINST 1
PELOTON INTERACTIVE, INC. December 9, 2025 Election of Directors: Chris Bruzzo Director Elections Board WITHHOLD 1
PEPCO GROUP N.V. March 11, 2026 Approve Remuneration Report Say-on-Pay Board AGAINST 1
PETCO HEALTH AND WELLNESS COMPANY, INC. July 24, 2025 DIRECTOR: Christopher J. Stadler Director Elections Board ABSTAIN 1
PETCO HEALTH AND WELLNESS COMPANY, INC. June 30, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
PETROCHINA CO LTD June 9, 2026 Elect Dai Houliang as Director Director Elections Board AGAINST 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Elect Directors Director Elections Board AGAINST 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder Director Elections Board ABSTAIN 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director Director Elections Board ABSTAIN 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director Director Elections Board ABSTAIN 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Percentage of Votes to Be Assigned - Elect Fabio Henrique Bittes Terra as Director Director Elections Board ABSTAIN 1
PETROLEO BRASILEIRO SA - PETROBRAS April 16, 2026 Percentage of Votes to Be Assigned - Elect Jose Fernando Coura as Independent Director Director Elections Board ABSTAIN 1

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Built October 25, 2026 from SEC Form N-PX filings.