Home › Asset managers › Northern Trust › 2025-2026 › Against 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Northern Trust voted | Funds |
|---|---|---|---|---|---|---|---|
| ASR Microelectronics Co., Ltd. | April 21, 2026 | Approve to Appoint Auditor | Audit-related | Board | AGAINST | 1 | |
| AST Spacemobile, Inc. | June 12, 2026 | To elect the 10 director nominees to the Company's Board of Directors for a term expiring at the Company's 2027 Annual Meeting of Stockholders: Abel Avellan | Director Elections | Board | WITHHOLD | 1 | |
| ATHENS INTERNATIONAL AIRPORT S.A | April 15, 2026 | SUBMISSION FOR DISCUSSION AND PROVISION OF AN ADVISORY VOTE ON THE REMUNERATION REPORT OF THE BOARD OF DIRECTORS FOR THE FISCAL YEAR 2025, IN ACCORDANCE WITH ARTICLE 112(3) OF LAW 4548/2018 | Say-on-Pay | Board | AGAINST | 1 | |
| ATOSS Software SE | April 30, 2026 | Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 450 Million; Approve Creation of EUR 3.2 Million Pool of Capital to Guarantee Conversion Rights | Capital Structure | Board | AGAINST | 1 | |
| ATOSS Software SE | April 30, 2026 | Elect Moritz Zimmermann to the Supervisory Board | Director Elections | Board | AGAINST | 1 | |
| ATRESMEDIA Corporacion de Medios de Comunicacion SA | April 22, 2026 | Approve Long-Term Incentive Plan | Compensation | Board | AGAINST | 1 | |
| ATRESMEDIA Corporacion de Medios de Comunicacion SA | April 22, 2026 | Reelect Carlos Fernandez Sanchiz as Director | Director Elections | Board | AGAINST | 1 | |
| AUMOVIO SE | May 13, 2026 | RESOLUTION ON THE APPROVAL OF THE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 1 | |
| AURORA CANNABIS INC. | August 8, 2025 | Say-on-Pay To consider and, if deemed appropriate, to pass with or without variation, a non-binding advisory resolution on the Company's approach to executive compensation, as more particularly described in the accompanying Information Circular. | Say-on-Pay | Board | AGAINST | 1 | |
| AUSTRALIAN CLINICAL LABS LTD | October 23, 2025 | ADOPTION OF THE REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 1 | |
| AWL Agri Business Ltd. | January 16, 2026 | Reelect Dorab E. Mistry as Director | Director Elections | Board | AGAINST | 1 | |
| AXFOOD AB | March 18, 2026 | RESOLUTION ON APPROVAL OF THE BOARD'S REMUNERATION REPORT | Say-on-Pay | Board | AGAINST | 1 | |
| AZ-COM Maruwa Holdings, Inc. | June 25, 2026 | Elect Director Wasami, Masaru | Director Elections | Board | AGAINST | 1 | |
| Aavas Financiers Limited | September 16, 2025 | Approve Aavas Financiers Limited - Equity Stock Option Plan 2025 | Compensation | Board | AGAINST | 1 | |
| Aavas Financiers Limited | September 16, 2025 | Approve Revision in Remuneration of Sachinderpalsingh Jitendrasingh Bhinder as Managing Director & Chief Executive Officer | Compensation | Board | AGAINST | 1 | |
| Abbisko Cayman Limited | May 20, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Abbisko Cayman Limited | May 20, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Aberdeen Group Plc | April 29, 2026 | Approve Amendments to the Executive Long Term Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Aberdeen Group Plc | April 29, 2026 | Re-elect Hannah Grove as Director | Director Elections | Board | AGAINST | 1 | |
| Aberdeen Group Plc | April 29, 2026 | Re-elect John Devine as Director | Director Elections | Board | AGAINST | 1 | |
| Aberdeen Group Plc | April 29, 2026 | Re-elect Jonathan Asquith as Director | Director Elections | Board | AGAINST | 1 | |
| Aberdeen Group Plc | April 29, 2026 | Re-elect Vivek Ahuja as Director | Director Elections | Board | AGAINST | 1 | |
| Ability Enterprise Co., Ltd. | June 25, 2026 | Approve Issuance of Restricted Stocks | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Compensation Report | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Compensation of Marc de Garidel, CEO | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Compensation of Sylvie Gregoire, Chairwoman of the Board | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries, up to Aggregate Nominal Amount of EUR 750,000 | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Qualified Investors, up to Aggregate Nominal Amount of EUR 237,873.56 | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Issuance of Warrants (Bons) Reserved for Services Providers, Consultants, Employees and Executives, up to 10 Percent of Issued Share Capital | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Remuneration Policy of CEO | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Approve Remuneration Policy of Chairwoman of the Board | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Capital Increase of Up to EUR 750,000 for Future Exchange Offers | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 750,000 | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 750,000 | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Capital Structure | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize up to 10 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 1 | |
| Abivax SA | May 11, 2026 | Authorize up to 10 Percent of Issued Capital for Use in Stock Option Plans | Compensation | Board | AGAINST | 1 | |
| Aboitiz Equity Ventures, Inc. | April 27, 2026 | Elect Enrique M. Aboitiz as Director | Director Elections | Board | ABSTAIN | 1 | |
| Aboitiz Equity Ventures, Inc. | April 27, 2026 | Elect Eric Ramon O. Recto as Director | Director Elections | Board | ABSTAIN | 1 | |
| Abu Dhabi Aviation Co. | March 12, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 1 | |
| Abu Dhabi Aviation Co. | March 12, 2026 | Elect Members of the Board of Directors for a Three Year Term Commencing in 2026 and Ending in 2029 | Director Elections | Board | AGAINST | 1 | |
| Abu Dhabi National Insurance Co. PSC | March 12, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 1 | |
| Abu Dhabi National Insurance Co. PSC | March 12, 2026 | Ratify Appointment of Board Member | Director Elections | Board | AGAINST | 1 | |
| Accelink Technologies Co., Ltd. | November 10, 2025 | Elect Sun Jin as Director | Director Elections | Board | AGAINST | 1 | |
| Accelleron Industries AG | April 28, 2026 | Appoint Stefano Pampalone as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Accelleron Industries AG | April 28, 2026 | Reappoint Bo Cerup-Simonsen as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Accelleron Industries AG | April 28, 2026 | Reelect Bo Cerup-Simonsen as Director | Director Elections | Board | AGAINST | 1 | |
| Accelleron Industries AG | April 28, 2026 | Reelect Stefano Pampalone as Director | Director Elections | Board | AGAINST | 1 | |
| Ackermans & van Haaren NV | May 26, 2026 | Reelect Menlo Park BV, Permanently Represented by Victoria Vandeputte, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| Ackermans & van Haaren NV | May 26, 2026 | Reelect Venatio BV, Permanently Represented by Bart Deckers, as Independent Director | Director Elections | Board | AGAINST | 1 | |
| Aclaris Therapeutics, Inc. | June 4, 2026 | Election of Directors: Anand Mehra, M.D. | Director Elections | Board | WITHHOLD | 1 | |
| Acter Group Corp. Ltd. | May 28, 2026 | Amend Procedures for Endorsement and Guarantees | Extraordinary Transactions | Board | AGAINST | 1 | |
| Activia Properties, Inc. | August 19, 2025 | Elect Supervisory Director Inagaki, Natsuko | Director Elections | Board | AGAINST | 1 | |
| Acumen Pharmaceuticals, Inc. | June 3, 2026 | To approve the Company's Amended and Restated 2021 Equity Incentive Plan. | Compensation | Board | AGAINST | 1 | |
| Acutaas Chemicals Ltd. | September 25, 2025 | Approve Payment of Commission to Non-Executive Directors | Compensation | Board | AGAINST | 1 | |
| Acutaas Chemicals Ltd. | September 25, 2025 | Approve Reappointment and Remuneration of Chetankumar Chhaganlal Vaghasia as Whole Time Director | Compensation | Board | AGAINST | 1 | |
| Acutaas Chemicals Ltd. | September 25, 2025 | Approve Reappointment and Remuneration of Nareshkumar Ramjibhai Patel as Managing Director, designated as Executive Chairman & Managing Director | Compensation | Board | AGAINST | 1 | |
| Acutaas Chemicals Ltd. | September 25, 2025 | Reelect Hetal Madhukant Gandhi as Director | Director Elections | Board | AGAINST | 1 | |
| Adani Green Energy Limited | January 2, 2026 | Reelect Dinesh Kanabar as Director | Director Elections | Board | AGAINST | 1 | |
| Adani Green Energy Limited | June 25, 2026 | Approve Shah Dhandharia & Co. LLP, Chartered Accountant as Joint Statutory Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| AddLife AB | May 6, 2026 | Reelect Eva Nilsagard as Director | Director Elections | Board | AGAINST | 1 | |
| AddLife AB | May 6, 2026 | Reelect Stefan Hedelius as Director | Director Elections | Board | AGAINST | 1 | |
| Addnode Group AB | May 7, 2026 | Reelect Jonas Gejer as Director | Director Elections | Board | AGAINST | 1 | |
| Addnode Group AB | May 7, 2026 | Reelect Staffan Hanstorp as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Addnode Group AB | May 7, 2026 | Reelect Staffan Hanstorp as Director | Director Elections | Board | AGAINST | 1 | |
| Addtech AB | August 27, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Addtech AB | August 27, 2025 | Reelect Fredrik Borjesson as New Director | Director Elections | Board | AGAINST | 1 | |
| Addtech AB | August 27, 2025 | Reelect Henrik Hedelius as Director | Director Elections | Board | AGAINST | 1 | |
| Addtech AB | August 27, 2025 | Reelect Malin Nordesjo as Board Chair | Director Elections | Board | AGAINST | 1 | |
| Addtech AB | August 27, 2025 | Reelect Malin Nordesjo as Director | Director Elections | Board | AGAINST | 1 | |
| Aditya Birla Capital Limited | October 15, 2025 | Elect Vishakha Mulye as Director and Approve Appointment and Remuneration of Vishakha Mulye as Executive Director and Chief Executive Officer | Director Elections | Board | AGAINST | 1 | |
| Aditya Birla Fashion and Retail Limited | September 23, 2025 | Approve Aditya Birla Fashion and Retail Limited Employee Stock Option and Performance Stock Unit Scheme 2025 | Compensation | Board | AGAINST | 1 | |
| Aditya Birla Fashion and Retail Limited | September 23, 2025 | Approve Extension of Benefits of the Aditya Birla Fashion and Retail Limited Employee Stock Option and Performance Stock Unit Scheme 2025 to the Employees of the Subsidiary Company(ies) | Compensation | Board | AGAINST | 1 | |
| Aditya Birla Fashion and Retail Limited | September 23, 2025 | Reelect Ananyashree Birla as Director | Director Elections | Board | AGAINST | 1 | |
| Aditya Birla Fashion and Retail Limited | September 23, 2025 | Reelect Pankaj Sood as Director | Director Elections | Board | AGAINST | 1 | |
| Aditya Birla Real Estate Ltd. | July 30, 2025 | Reelect Rajashree Birla as Director | Director Elections | Board | AGAINST | 1 | |
| Admie Holdings (IPTO) SA | July 2, 2025 | Ratify Composition of the Board of Directors | Director Elections | Board | AGAINST | 1 | |
| Admiral Group Plc | April 29, 2026 | Re-elect Andrew Crossley as Director | Director Elections | Board | AGAINST | 1 | |
| Admiral Group Plc | April 29, 2026 | Re-elect Michael Rogers as Director | Director Elections | Board | AGAINST | 1 | |
| Admiral Group Plc | April 29, 2026 | Re-elect William Roberts as Director | Director Elections | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Acquisition by Cash and Issuance of Shares as well as Raising Supporting Funds Complies with Relevant Laws and Regulations | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Asset Purchases and Sales in the 12 Months Prior to this Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding this Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Compliance of This Transaction with Article 4 of the Guideline for the Supervision of Listed Companies No. 9 | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Compliance of this Restructuring with Articles 11, 43, and 44 of the Measures for the Administration of Major Asset Restructuring of Listed Companies | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Compliance of this Transaction with the Provisions of Article 11.2 of the Listing Rules, Article 20 of the Continuing Supervision Measures and Article 8 of the Rules for Reviewing Major Asset Restructuring | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Confidentiality Measures and Systems for this Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Distribution Arrangement of Undistributed Earnings in Connection to Acquisition by Cash and Issuance of Shares | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Draft and Summary of Performance Shares Incentive Plan | Compensation | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Issuance Targets, Amount and Quantity in Connection to Raising Supporting Funds | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Lock-up Period Arrangement in Connection to Acquisition by Cash and Issuance of Shares | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Lock-up Period Arrangement in Connection to Raising Supporting Funds | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Methods to Assess the Performance of Plan Participants | Compensation | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Number of Shares Issued in Connection to Acquisition by Cash and Issuance of Shares | Extraordinary Transactions | Board | AGAINST | 1 | |
| Advanced Micro Fabrication Equipment, Inc. China | April 23, 2026 | Approve Overview of the Transaction Plan | Extraordinary Transactions | Board | AGAINST | 1 |
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Built November 8, 2026 from SEC Form N-PX filings.