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

At least 6,093 proposals in the 2025-2026 proxy season: Northern Trust voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 93 shareholder proposals, by its own Form N-PX filings.

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
TIM SA March 31, 2026 Approve Remuneration of Company's Management, Committees' Members, and Fiscal Council Compensation Board AGAINST 2
TIM SA March 31, 2026 Ratify Denisio Augusto Liberato Delfino as Independent Director and Camillo Greco as Director Director Elections Board AGAINST 2
TOKYO OHKA KOGYO CO., LTD. March 27, 2026 Elect Director Taneichi, Noriaki Director Elections Board AGAINST 2
TOMRA SYSTEMS ASA April 23, 2026 APPROVE REMUNERATION STATEMENT Say-on-Pay Board AGAINST 2
TRUECAR, INC. December 22, 2025 To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Merger (the ''Advisory Compensation Proposal''). Say-on-Pay Board AGAINST 2
TURKCELL Iletisim Hizmetleri AS May 7, 2026 Appoint Auditor for Sustainability Reporting Audit-related Board AGAINST 2
TURKCELL Iletisim Hizmetleri AS May 7, 2026 Approve Director Remuneration Compensation Board AGAINST 2
TURKCELL Iletisim Hizmetleri AS May 7, 2026 Ratify Director Appointments and Elect Directors Director Elections Board AGAINST 2
TURKCELL Iletisim Hizmetleri AS May 7, 2026 Ratify External Auditors Audit-related Board AGAINST 2
Taiheiyo Cement Corp. June 26, 2026 Elect Director Fushihara, Masafumi Director Elections Board AGAINST 2
Taiheiyo Cement Corp. June 26, 2026 Elect Director Taura, Yoshifumi Director Elections Board AGAINST 2
Talabat Holding Plc April 13, 2026 Approve Additional Audit Fees of the Auditor for FY 2025 Audit-related Board AGAINST 2
Talabat Holding Plc April 13, 2026 Ratify Appointment of Abdulwahab Al Halabi as Director Director Elections Board AGAINST 2
Talanx AG May 7, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Talanx AG May 7, 2026 Change of Corporate Form to Societas Europaea (SE) Extraordinary Transactions Board AGAINST 2
Talanx AG May 7, 2026 Elect Herbert Haas to the Supervisory Board of Talanx SE Director Elections Board AGAINST 2
Tango Therapeutics, Inc. June 4, 2026 Election of Class II Directors: Mace Rothenberg, M.D. Director Elections Board WITHHOLD 2
Tata Consumer Products Limited June 10, 2026 Reelect K. P. Krishnan as Director Director Elections Board AGAINST 2
Taylor Wimpey Plc April 28, 2026 Re-elect Irene Dorner as Director Director Elections Board AGAINST 2
TechTarget, Inc. July 24, 2025 Election of Directors: Sally Ashford Director Elections Board AGAINST 2
TechTarget, Inc. July 24, 2025 Election of Directors: Stephen A. Carter Director Elections Board AGAINST 2
TechTarget, Inc. June 11, 2026 Election of Directors: Sally Ashford Director Elections Board AGAINST 2
TechTarget, Inc. June 11, 2026 Election of Directors: Stephen Carter Director Elections Board AGAINST 2
Tejon Ranch Co. May 13, 2026 Election of Directors: Andrew Dakos Director Elections Board WITHHOLD 2
Tele2 AB May 18, 2026 Elect Thomas Kienzi as New Director Director Elections Board AGAINST 2
Teleperformance SE May 21, 2026 Approve Remuneration Policy of CEO from January 1, 2026 to March 15, 2026 Compensation Board AGAINST 2
Teleperformance SE May 21, 2026 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 2
Teleperformance SE May 21, 2026 Approve Remuneration Policy of Vice-CEO in Charge of Finances Compensation Board AGAINST 2
Telia Co. AB April 9, 2026 Reelect Lars-Johan Jarnheimer as Board Chair Director Elections Board AGAINST 2
Teradata Corporation May 14, 2026 Election of Directors: Kimberly K. Nelson Director Elections Board AGAINST 2
The Campbell's Company November 18, 2025 To vote on a shareholder proposal regarding a report on the effectiveness of the Company's regenerative agriculture program including pesticide reduction outcomes. Environment or Climate Shareholder Against FOR 2
The Carlyle Group Inc. June 3, 2026 Non-Binding Vote to Approve Named Executive Officer Compensation ("Say-on-Pay") Say-on-Pay Board AGAINST 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdulazeez Al Khamees as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdulazeez Al Nuweesir as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdulazeez Al Sudees as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdullah Al Amr as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdullah Al Huseeni as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdullah Al Suweelimi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdulrahman Al Shubaysheeri as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Abdulsalam Abaoud as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Ahmed Al Awami as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Ali Al Lafi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Amjad Al Oqeeli as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Andrew Smith as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Ayidh Al Jaeed as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Bassam Andajani as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Batil Al Batil as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Faris Al Faris as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Hathal Al Oteebi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Hissah Al Al Sheikh as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Ibraheem Al Suheebani as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Khalid Al Ghuneem as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Mahir Al Abawi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Majid Al Baddah as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Marwan Al Ghamdi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Mohammed Al Anzi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Mohammed Hilmi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Nasir Al Haqbani as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Paul Sweeting as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Salman Al Faris as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Sarran Abou Saq as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Sulayman Al Numeer as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Turki Al Oufi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Wisam Abou Zinadah as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance April 1, 2026 Elect Yousif Al Harbi as Director Director Elections Board ABSTAIN 2
The Company for Cooperative Insurance June 28, 2026 Authorize Company's Purchase of Its Shares Up to 212,143 Shares to be Allocated for Employees Shares Program Funded by Company's Resources, and Authorize Board to Execute All the Related Matters Capital Structure Board AGAINST 2
The E.W. Scripps Company May 4, 2026 Election of Directors: Kim Williams Director Elections Board WITHHOLD 2
The Hershey Company May 5, 2026 Election of Directors: Harold Singleton III Director Elections Board AGAINST 2
The Hershey Company May 5, 2026 Election of Directors: Huong Maria T. Kraus Director Elections Board AGAINST 2
The Hershey Company May 5, 2026 Election of Directors: Timothy W. Curoe Director Elections Board AGAINST 2
The Hong Kong and China Gas Company Limited June 1, 2026 Elect David Li Kwok-po as Director Director Elections Board AGAINST 2
The J. M. Smucker Company August 13, 2025 Ratification of appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the 2026 fiscal year. Audit-related Board AGAINST 2
The RMR Group Inc. March 26, 2026 Election of Directors: Jonathan Veitch Director Elections Board WITHHOLD 2
The Sage Group plc. February 5, 2026 Re-elect Andrew Duff as Director Director Elections Board AGAINST 2
The Sage Group plc. February 5, 2026 Re-elect Annette Court as Director Director Elections Board AGAINST 2
The Sage Group plc. February 5, 2026 Re-elect John Bates as Director Director Elections Board AGAINST 2
The Sage Group plc. February 5, 2026 Re-elect Jonathan Bewes as Director Director Elections Board AGAINST 2
The Swatch Group AG May 12, 2026 Appoint Andreas Rickenbacher as Member of the Compensation Committee Director Elections Board AGAINST 2
The Swatch Group AG May 12, 2026 Approve Fixed Remuneration of Executive Committee in the Amount of CHF 5 Million Compensation Board AGAINST 2
The Swatch Group AG May 12, 2026 Approve Fixed Remuneration of Executive Directors in the Amount of CHF 3.1 Million Compensation Board AGAINST 2
The Swatch Group AG May 12, 2026 Approve Variable Remuneration of Executive Committee in the Amount of CHF 6.7 Million Compensation Board AGAINST 2
The Swatch Group AG May 12, 2026 Approve Variable Remuneration of Executive Directors in the Amount of CHF 6.4 Million Compensation Board AGAINST 2
The Swatch Group AG May 12, 2026 Elect Andreas Rickenbacher as Director Director Elections Board AGAINST 2
The Trade Desk, Inc. September 16, 2025 The approval of the amendment and restatement of the articles of incorporation of The Trade Desk, Inc. to change the date all of the shares of Class B common stock will automatically convert into Class A common stock and to waive jury trials for internal actions in conformity with recent Nevada law updates. Capital Structure Board AGAINST 2
The Weir Group Plc April 30, 2026 Re-elect Barbara Jeremiah as Director Director Elections Board AGAINST 2
The Weir Group Plc April 30, 2026 Re-elect Dame Nicola Brewer as Director Director Elections Board AGAINST 2
The Weir Group Plc April 30, 2026 Re-elect Nicholas Anderson as Director Director Elections Board AGAINST 2
The Wharf (Holdings) Limited May 14, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
The Wharf (Holdings) Limited May 14, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
The Wharf (Holdings) Limited May 14, 2026 Elect Elizabeth Law as Director Director Elections Board AGAINST 2
Thermax Limited July 31, 2025 Approve Reappointment and Remuneration of Ashish Bhandari as Managing Director and CEO Compensation Board AGAINST 2
Tianqi Lithium Corporation April 28, 2026 Elect Jiang Anqi as Director Director Elections Board AGAINST 2
Tianqi Lithium Corporation April 28, 2026 Elect Jiang Weiping as Director Director Elections Board AGAINST 2
Tianqi Lithium Corporation April 28, 2026 Elect Li Yuedong as Director Director Elections Board AGAINST 2
Tianqi Lithium Corporation May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional H Shares Capital Structure Board AGAINST 2
Tianqi Lithium Corporation May 20, 2026 Approve Provision of Guarantee for the Application to Financial Institutions for Credit Lines by the Company and Its Controlled Subsidiaries and Provision of Cross Guarantee between Controlled Subsidiaries Capital Structure Board AGAINST 2
Titan America SA May 5, 2026 Reelect Marcel-Constantin Cobuz as Director Director Elections Board AGAINST 2
Titan America SA May 5, 2026 Reelect Michael Colakides as Director Director Elections Board AGAINST 2
Titan Company Limited October 22, 2025 Reelect Sandeep Singhal as Director Director Elections Board AGAINST 2
Titan Machinery Inc. June 8, 2026 Election of Directors: Christine Hamilton Director Elections Board WITHHOLD 2

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