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Northern Trust 2025-2026: where it broke with the board

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

6,093 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.

Northern Trust, 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 recommendedNorthern Trust votedFunds
WuXi AppTec Co., Ltd. April 28, 2026 Elect Ge Li as Director Director Elections Board AGAINST 3
WuXi AppTec Co., Ltd. April 28, 2026 Elect Xuesong Leng as Director Director Elections Board AGAINST 3
XERO LTD August 21, 2025 ADOPTION OF REMUNERATION REPORT Say-on-Pay Board AGAINST 3
Xero Limited August 21, 2025 Elect Brian McAndrews as Director Director Elections Board AGAINST 3
Xero Limited August 21, 2025 Elect David Thodey as Director Director Elections Board AGAINST 3
Xero Limited August 21, 2025 Elect Susan Peterson as Director Director Elections Board AGAINST 3
Xior Student Housing NV May 21, 2026 Elect Directors Director Elections Board AGAINST 3
YARA INTERNATIONAL ASA May 12, 2026 REPORT ON SALARY AND OTHER REMUNERATION FOR EXECUTIVE PERSONNEL OF THE COMPANY Say-on-Pay Board AGAINST 3
Yadea Group Holdings Ltd. June 17, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 3
Yadea Group Holdings Ltd. June 17, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
Yadea Group Holdings Ltd. June 17, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
Yangtze Optical Fibre and Cable Joint Stock Limited Company June 30, 2026 Approve Annual External Guarantee Amount and Related Transactions Capital Structure Board AGAINST 3
Yangzijiang Shipbuilding (Holdings) Ltd. April 28, 2026 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 3
Yangzijiang Shipbuilding (Holdings) Ltd. April 28, 2026 Elect Yee Kee Shian, Leon as Director Director Elections Board AGAINST 3
Yum China Holdings, Inc. May 28, 2026 Election of Directors: Zhe (David) Wei Director Elections Board AGAINST 3
ZIMVIE INC. October 10, 2025 A proposal to approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the consummation of the merger. Say-on-Pay Board AGAINST 3
Zebra Technologies Corporation May 19, 2026 Election of Directors: Class III term to expire 2029: Linda M. Connly Director Elections Board AGAINST 3
Zeta Global Holdings Corp. June 16, 2026 Election of Directors: Jeanine Silberblatt Director Elections Board WITHHOLD 3
Zhaojin Mining Industry Company Limited June 1, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Domestic Shares and H Shares Capital Structure Board AGAINST 3
Zhejiang China Commodities City Group Co., Ltd. December 19, 2025 Elect Luo Jinming as Director Director Elections Board AGAINST 3
Zhejiang China Commodities City Group Co., Ltd. December 19, 2025 Elect Xu Hang as Director Director Elections Board AGAINST 3
Zijin Mining Group Co., Ltd. December 31, 2025 Elect Li Jian as Director Director Elections Board AGAINST 3
Zijin Mining Group Co., Ltd. December 31, 2025 Elect Zou Laichang as Director Director Elections Board AGAINST 3
ZimVie Inc. October 10, 2025 A proposal to approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the consummation of the merger. Say-on-Pay Board AGAINST 3
ZoomInfo Technologies Inc. May 14, 2026 To elect the director nominees listed in the Proxy Statement: Katie Rooney Director Elections Board WITHHOLD 3
Zymeworks Inc. December 30, 2025 Election of Directors: Alessandra Cesano Director Elections Board WITHHOLD 3
adidas AG May 7, 2026 Approve Management Board Remuneration Policy Compensation Board AGAINST 3
adidas AG May 7, 2026 Reelect Nassef Sawiris to the Supervisory Board Director Elections Board AGAINST 3
bioMerieux SA May 28, 2026 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 3
bioMerieux SA May 28, 2026 Approve Compensation of Pierre Boulud, CEO Compensation Board AGAINST 3
bioMerieux SA May 28, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 3
bioMerieux SA May 28, 2026 Approve Remuneration Policy of Chairman of the Board Compensation Board AGAINST 3
bioMerieux SA May 28, 2026 Approve Remuneration Policy of Corporate Officers Compensation Board AGAINST 3
bioMerieux SA May 28, 2026 Authorize up to 10 Percent of Issued Capital for Use in Stock Option Plans Compensation Board AGAINST 3
eXp World Holdings, Inc. May 8, 2026 Approve the redomestication of eXp World Holdings, Inc. from Delaware to Texas by conversion. Extraordinary Transactions Board AGAINST 3
360 Security Technology, Inc. May 21, 2026 Approve Provision of Guarantees Capital Structure Board AGAINST 2
3SBio Inc. June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
3SBio Inc. June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
A.P. Moller-Maersk A/S March 25, 2026 Reelect Robert Maersk Uggla as Director Director Elections Board ABSTAIN 2
AAC Technologies Holdings Inc. May 21, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
AAC Technologies Holdings Inc. May 21, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
AAC Technologies Holdings Inc. May 21, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
AAC Technologies Holdings Inc. May 21, 2026 Elect Kwok Lam Kwong Larry as Director Director Elections Board AGAINST 2
AAK AB May 8, 2026 Reelect Marta Schorling Andreen as Director Director Elections Board AGAINST 2
AAK AB May 8, 2026 Reelect Nils-Johan Andersson as Director Director Elections Board AGAINST 2
ACCOR S.A. May 27, 2026 Please see Exhibit A of the Depositary Notice for agenda items. Say-on-Pay Board AGAINST 2
ACCOR SA May 27, 2026 APPROVAL OF THE FIXED, VARIABLE AND EXCEPTIONAL COMPONENTS OF THE TOTAL COMPENSATION AND ALL BENEFITS IN KIND PAID DURING THE FISCAL YEAR ENDED DECEMBER 31, 2025 OR GRANTED FOR THE SAME FISCAL YEAR, TO MR SEBASTIEN BAZIN, CHAIRMAN AND CHIEF EXECUTIVE OFFICER Say-on-Pay Board AGAINST 2
ACM Research (Shanghai), Inc. July 15, 2025 Elect Jiang Shoulei as Director Director Elections Board AGAINST 2
ACM Research (Shanghai), Inc. November 14, 2025 Elect HUI WANG as Director Director Elections Board AGAINST 2
ACM Research (Shanghai), Inc. June 16, 2026 Approve 2025 and 2026 Remuneration Plan of Directors Compensation Board AGAINST 2
ACM Research (Shanghai), Inc. June 16, 2026 Approve Authorization of the Board to Handle All Related Matters Compensation Board AGAINST 2
ACM Research (Shanghai), Inc. June 16, 2026 Approve Draft and Summary of Performance Shares Incentive Plan Compensation Board AGAINST 2
ACM Research (Shanghai), Inc. June 16, 2026 Approve Methods to Assess the Performance of Plan Participants Compensation Board AGAINST 2
ACWA Power Co. February 23, 2026 Authorize Company's Purchase of Its Shares Up to 1,190,000 Shares to be Allocated for Employees Stock Incentive Funded by Company's Own Resources, and Authorize Board to Execute All the Related Matters Capital Structure Board AGAINST 2
ACWA Power Co. May 17, 2026 Ratify Appointment of Sultan bin Khalid Al Saoud as Independent Director Director Elections Board AGAINST 2
ACWA Power Co. May 17, 2026 Ratify Appointment of Yazeed Al Humayid as Non-Executive Director Director Elections Board AGAINST 2
ADNOC Drilling Co. PJSC April 1, 2026 Discuss and Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 2
ADNOC Logistics & Services Plc March 24, 2026 Approve Remuneration of Directors for FY 2025 Compensation Board AGAINST 2
ADNOC Logistics & Services Plc March 24, 2026 Elect Seven Members to the Board of Directors of the Company for a New Term of Three Years Director Elections Board AGAINST 2
ADTRAN Holdings, Inc. July 24, 2025 Election of Directors: Balan Nair Director Elections Board AGAINST 2
AEON Co., Ltd. May 27, 2026 Elect Director Okada, Motoya Director Elections Board AGAINST 2
AEON Co., Ltd. May 27, 2026 Elect Director Peter Child Director Elections Board AGAINST 2
AEON Co., Ltd. May 27, 2026 Elect Director Yoshida, Akio Director Elections Board AGAINST 2
AGC, Inc. (Japan) March 27, 2026 Elect Director Hirai, Yoshinori Director Elections Board AGAINST 2
AGCO Corporation April 23, 2026 Election of Directors: Niels Porksen Director Elections Board AGAINST 2
AIA Group Limited May 22, 2026 Elect Ong Chong Tee as Director Director Elections Board AGAINST 2
AIRGAIN INC June 10, 2026 To consider and vote upon, on an advisory basis, the compensation of our named executive officers as disclosed in this proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission. Say-on-Pay Board AGAINST 2
ALK-Abello A/S March 16, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
ALK-Abello A/S March 16, 2026 Reelect Lene Skole (Vice Chair) as Director Director Elections Board ABSTAIN 2
ALLIANCE LAUNDRY HOLDINGS INC. June 11, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
ALLWYN AG May 12, 2026 APPROVE REMUNERATION REPORT Say-on-Pay Board AGAINST 2
AMBU A/S December 3, 2025 APPROVE REMUNERATION REPORT Say-on-Pay Board AGAINST 2
AMC ENTERTAINMENT HOLDINGS, INC. December 10, 2025 Say on Pay - An advisory vote to approve the compensation of named executive officers. Say-on-Pay Board AGAINST 2
AMC Entertainment Holdings, Inc. December 10, 2025 Say on Pay - An advisory vote to approve the compensation of named executive officers. Say-on-Pay Board AGAINST 2
AMC Global Media Inc. June 16, 2026 Election of the following nominees as Directors: Carl E. Vogel Director Elections Board WITHHOLD 2
AMC Global Media Inc. June 16, 2026 Vote on Proposal to Approve the Company's Amended and Restated 2011 Stock Plan for Non-Employee Directors Compensation Board AGAINST 2
AMERESCO, INC. (AMRC) June 4, 2026 To approve on a non-binding advisory basis the compensation of our named executive officer as described in the Ameresco, Inc. Proxy Statement. Say-on-Pay Board AGAINST 2
AMETEK, Inc. May 7, 2026 Election of Directors for a term of three years: Gretchen W. McClain Director Elections Board AGAINST 2
AMPLIFON S.P.A. April 23, 2026 2026 REPORT ON REMUNERATION POLICY AND COMPENSATION PAID PURSUANT TO ART.123-TER OF LEGISLATIVE DECREE58/98 ("TUF") AND ART.84-QUATER OF THE ISSUERS' REGULATION: NON-BINDING RESOLUTION ON THE SECOND SECTION IN ACCORDANCE WITH ART.123-TER, PARAGRAPH 6 OF THE TUF Say-on-Pay Board AGAINST 2
ANA HOLDINGS INC. June 26, 2026 Elect Director Nakahori, Kimihiro Director Elections Board AGAINST 2
ANA HOLDINGS INC. June 26, 2026 Elect Director Naoki, Yoshiharu Director Elections Board AGAINST 2
ANA HOLDINGS INC. June 26, 2026 Elect Director Shibata, Koji Director Elections Board AGAINST 2
ANHEUSER-BUSCH INBEV SA April 29, 2026 Remuneration report: Proposed resolution: approving the remuneration report for the financial year 2025. Say-on-Pay Board AGAINST 2
ANTA Sports Products Limited May 12, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
ANTA Sports Products Limited May 12, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
ANTERIX INC. August 5, 2025 To approve, on an advisory (non-binding) basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 2
ANZ Group Holdings Limited December 18, 2025 Approve Remuneration Report Compensation Board AGAINST 2
ANZ Group Holdings Limited December 18, 2025 Elect Paul Dominic O'Sullivan as Director Director Elections Board AGAINST 2
APA Group October 22, 2025 Elect James Fazzino as Director Director Elections Board AGAINST 2
APA Group October 22, 2025 Elect Rhoda Harrington as Director Director Elections Board AGAINST 2
APL Apollo Tubes Limited September 15, 2025 Approve APL Apollo Tubes Employees Stock Option Plan 2025 Compensation Board AGAINST 2
APL Apollo Tubes Limited September 15, 2025 Approve APL Apollo Tubes Limited Employees Welfare Trust to Undertake Secondary Acquisition of Equity Shares under APL Apollo Tubes Employees Stock Option Plan 2025 Compensation Board AGAINST 2
APL Apollo Tubes Limited September 15, 2025 Approve Extension of the Benefits under the APL Apollo Tubes Employees Stock Option Plan 2025 to the Employees of the Subsidiary and Associate Company(ies) of the Company Compensation Board AGAINST 2
APL Apollo Tubes Limited September 15, 2025 Approve Provision of Money by the Company to APL Apollo Tubes Limited Employees Welfare Trust Compensation Board AGAINST 2
ASX Limited October 23, 2025 Elect Anne Loveridge as Director Director Elections Board AGAINST 2
ASX Limited October 23, 2025 Elect David Curran as Director Director Elections Board AGAINST 2
ASX Limited October 23, 2025 Elect Heather Smith as Director Director Elections Board AGAINST 2
ATI Inc. May 14, 2026 Election of Directors: David J. Morehouse Director Elections Board WITHHOLD 2
AU Small Finance Bank Limited February 28, 2026 Amend AU Employees Stock Option Scheme 2023 Compensation Board AGAINST 2
AVADEL PHARMACEUTICALS PLC January 12, 2026 Ordinary resolution to approve, on a non-binding, advisory basis, specified compensatory arrangements between Avadel and its named executive officers relating to the Transaction. Say-on-Pay Board AGAINST 2

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Built November 1, 2026 from SEC Form N-PX filings.