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SEI 2025-2026: where it broke with the board

At least 6,083 proposals in the 2025-2026 proxy season: SEI voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 83 shareholder proposals, by its own Form N-PX filings.

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

6,083 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.

SEI, 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 recommendedSEI votedFunds
Mastercard Incorporated June 16, 2026 Election of Directors to serve on the board of Directors: Merit E. Janow Director Elections Board AGAINST 1
Materialise NV November 14, 2025 Approval of the remuneration policy. Proposed resolution: The Meeting resolves to approve the remuneration policy, subject to the condition precedent of and with effect from the completion of the Listing. The proposed remuneration policy is available on the Company's website: https://investors.materialise.com/. Compensation Board AGAINST 1
Materialise NV November 14, 2025 Authorization for the acquisition, disposal and cancellation of treasury shares (due to space limitations, see proxy material at https://investors.materialise.com/shareholder- information/general-meetings for full proposal) Capital Structure Board AGAINST 1
Materion Corporation May 7, 2026 Elect Vinod M. Khilnani Director Elections Board WITHHOLD 1
Mattel, Inc. May 28, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 1
Matthews International Corporation February 19, 2026 To provide an advisory (non-binding) vote on the executive compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
MaxLinear, Inc. May 20, 2026 To approve, on an advisory basis, the compensation of our named executive officers for the year ended December 31, 2025, as set forth in the proxy statement. Say-on-Pay Board AGAINST 1
Medifast, Inc. May 19, 2026 Approve the Amended and Restated 2012 Share Incentive Plan. Compensation Board AGAINST 1
Medistim ASA May 6, 2026 Remuneration Policy Compensation Board AGAINST 1
Medistim ASA May 6, 2026 Remuneration Report Compensation Board AGAINST 1
Medpace Holdings, Inc. May 15, 2026 To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the proxy statement for the 2026 Annual Meeting. Say-on-Pay Board AGAINST 1
Medtronic plc October 16, 2025 Ratifying, in a non-binding vote, the appointment of PricewaterhouseCoopers LLP as the Company's independent auditor for fiscal year 2026 and authorizing, in a binding vote, the Board of Directors, acting through the Audit Committee, to set the auditor's remuneration Audit-related Board AGAINST 1
Meesho Ltd. February 12, 2026 Extension of ESOP 2024 for Eligible Employees of Subsidiaries Compensation Board AGAINST 1
Meesho Ltd. February 12, 2026 Ratification and Amendment of the Meesho Limited Employee Stock Option Plan 2024 ("ESOP 2024") Compensation Board AGAINST 1
Mega Lifesciences Public Company Limited April 3, 2026 Appointment of Auditor and Authority to Set Fees Audit-related Board AGAINST 1
Mega Lifesciences Public Company Limited April 3, 2026 Elect Kirit Shah Director Elections Board AGAINST 1
MegaStudy Edu Co. Ltd March 26, 2026 Elect LEE Chang Sub Director Elections Board AGAINST 1
Menora Mivtachim Holdings Ltd. May 4, 2026 Elect Orit Stav as External Director Director Elections Board AGAINST 1
Mercurity Fintech Holding Inc. September 15, 2025 To approve the MFH 2025 Equity Incentive Plan, a copy of which is produced to the Meeting and marked Appendix A and initialed by the chairman of the Meeting for the purpose of identification. Compensation Board AGAINST 1
Mercury Systems, Inc. October 22, 2025 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Merus N.V December 9, 2025 Non-binding advisory proposal to approve certain compensation arrangements Say-on-Pay Board AGAINST 1
Meta Platforms, Inc. May 27, 2026 A shareholder proposal regarding report on climate change-related commitments. Environment or Climate Shareholder Against FOR 1
Meta Platforms, Inc. May 27, 2026 A shareholder proposal regarding report on human rights due diligence. Human Rights or Human Capital/workforce Shareholder Against FOR 1
Metallus Inc. April 30, 2026 Elect Randall A. Wotring Director Elections Board WITHHOLD 1
Metalurgica Gerdau S.A. April 17, 2026 Aggregate Preferred and Common Shares Capital Structure Board AGAINST 1
Metalurgica Gerdau S.A. April 17, 2026 Request Separate Election for Board Member (Preferred) Director Elections Board ABSTAIN 1
MetroCity Bankshares, Inc May 21, 2026 Election of Directors: Francis Lai Director Elections Board AGAINST 1
Metropolitan Bank Holding Corp. April 29, 2026 Non-binding Advisory Vote on Named Executive Officer Compensation for 2025 Say-on-Pay Board AGAINST 1
Mettler-Toledo International Inc. May 7, 2026 Election of Directors: Domitille Doat-Le Bigot Director Elections Board AGAINST 1
Mettler-Toledo International Inc. May 7, 2026 Election of Directors: Ingrid Zhang Director Elections Board AGAINST 1
Mettler-Toledo International Inc. May 7, 2026 Election of Directors: Roland Diggelmann Director Elections Board AGAINST 1
Mettler-Toledo International Inc. May 7, 2026 Election of Directors: Thomas P. Salice Director Elections Board AGAINST 1
Mevaco S.A. June 18, 2026 Directors' Fees (FY2026) Compensation Board ABSTAIN 1
Mevaco S.A. June 18, 2026 Remuneration Report Compensation Board AGAINST 1
Mgame Corp. March 23, 2026 Elect HONG Deung Ho Director Elections Board AGAINST 1
Microsoft Corporation December 5, 2025 Report on Human Rights Due Diligence Human Rights or Human Capital/workforce Shareholder Against FOR 1
Microvast Holdings, Inc. October 23, 2025 Election of Director: Wei Ying Director Elections Board AGAINST 1
Mid-America Apartment Communities, Inc. May 19, 2026 Advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed in the proxy statement. Say-on-Pay Board AGAINST 1
Mid-America Apartment Communities, Inc. May 19, 2026 Election of Directors: David P. Stockert Director Elections Board AGAINST 1
Mid-America Apartment Communities, Inc. May 19, 2026 Election of Directors: H. Eric Bolton, Jr. Director Elections Board AGAINST 1
Midland Holdings Limited June 8, 2026 Elect Angela WONG Ching Yi Director Elections Board AGAINST 1
Midland Holdings Limited June 8, 2026 Elect LI Wai Keung Director Elections Board AGAINST 1
Midland Holdings Limited June 8, 2026 Elect Ted HO Kwan Tat Director Elections Board AGAINST 1
Migdal Insurance & Financial Holdings Ltd April 29, 2026 Elect Orna Hozman Bechor as External Director Director Elections Board AGAINST 1
Military Commercial Joint-Stock Bank (MB) April 18, 2026 Election of Directors - Member 1 Director Elections Board AGAINST 1
Military Commercial Joint-Stock Bank (MB) April 18, 2026 Issuance of Shares and Increase in Authorized Capital Capital Structure Board AGAINST 1
MillerKnoll, Inc. October 13, 2025 Proposal to approve, on an advisory basis, the Company's Named Executive Officer compensation. Say-on-Pay Board AGAINST 1
Miquel y Costas & Miquel, S.A. June 17, 2026 Authority to Repurchase and Reissue Shares Capital Structure Board ABSTAIN 1
Miquel y Costas & Miquel, S.A. June 17, 2026 Remuneration Policy Compensation Board AGAINST 1
Miquel y Costas & Miquel, S.A. June 17, 2026 Remuneration Report Compensation Board AGAINST 1
Miramar Hotel & Investment Company Limited June 8, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
Miramar Hotel & Investment Company Limited June 8, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Miramar Hotel & Investment Company Limited June 8, 2026 Elect Alexander AU Siu Kee Director Elections Board AGAINST 1
Miramar Hotel & Investment Company Limited June 8, 2026 Elect Patrick FUNG Yuk Bun Director Elections Board AGAINST 1
Miramar Hotel & Investment Company Limited June 8, 2026 Elect Richard TANG Yat Sun Director Elections Board AGAINST 1
Mitchells & Butlers plc January 29, 2026 Elect Bob Ivell Director Elections Board AGAINST 1
Mitchells & Butlers plc January 29, 2026 Elect Eddie Irwin Director Elections Board AGAINST 1
Mitsubishi HC Capital Inc. June 25, 2026 Elect Yoshitaka Shiba Director Elections Board AGAINST 1
Mitsui Chemicals, Inc. June 24, 2026 Elect Osamu Hashimoto Director Elections Board AGAINST 1
Mitsui Kinzoku Company, Limited June 26, 2026 Elect Kazuya Shiki Director Elections Board AGAINST 1
Miwon Chemicals March 17, 2026 Directors' Fees Compensation Board AGAINST 1
Mo-BRUK S.A. June 29, 2026 Authority to Issue Shares w/o Preemptive Rights (Incentive Program) Capital Structure Board AGAINST 1
Mo-BRUK S.A. June 29, 2026 Elect Supervisory Board Member Director Elections Board AGAINST 1
Mo-BRUK S.A. June 29, 2026 Incentive Program 2026-2030 Compensation Board AGAINST 1
Mobile Telecommunications Company K.S.C April 7, 2026 Appointment of Auditor and Authority to Set Fees Audit-related Board ABSTAIN 1
Mobile World Investment Corp April 18, 2026 Appointment of Auditor Audit-related Board ABSTAIN 1
Mobile World Investment Corp April 18, 2026 Issuance of Shares under ESOP 2025 Compensation Board AGAINST 1
Mobile World Investment Corp April 18, 2026 Issuance of Shares under ESOP 2026 Compensation Board AGAINST 1
Mobileye Global Inc. June 18, 2026 Election of Directors: Saf Yeboah-Amankwah Director Elections Board WITHHOLD 1
Mochida Pharmaceutical Co.,Ltd. June 25, 2026 Elect Naoyuki Mochida Director Elections Board AGAINST 1
Modern Dental Group Limited May 28, 2026 Adoption of New Share Option Scheme Compensation Board AGAINST 1
Modern Dental Group Limited May 28, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
Modern Dental Group Limited May 28, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Modern Dental Group Limited May 28, 2026 Elect Charles CHEUNG Wai Bun Director Elections Board AGAINST 1
Modern Dental Group Limited May 28, 2026 Scheme Mandate Limit Compensation Board AGAINST 1
Mohawk Industries, Inc. May 21, 2026 Advisory vote to approve executive compensation, as disclosed in the Company's Proxy Statement for the 2026 Annual Meeting of Stockholders. Say-on-Pay Board AGAINST 1
Molina Healthcare, Inc. May 6, 2026 To elect ten directors to hold office until the 2027 Annual Meeting. Dale B. Wolf Director Elections Board AGAINST 1
Momentum Group Limited November 20, 2025 Re-elect Paul Baloyi Director Elections Board AGAINST 1
Monalisa Group Co. Ltd. May 20, 2026 Estimated Annual Amount of External Guarantees Capital Structure Board AGAINST 1
Monarch Casino & Resort, Inc. May 27, 2026 Election of Directors: Craig F. Sullivan Director Elections Board AGAINST 1
Moncler SPA April 21, 2026 2026 Performance Shares Plan Compensation Board AGAINST 1
Moncler SPA April 21, 2026 Remuneration Report Compensation Board AGAINST 1
Mondelez International, Inc. May 20, 2026 To elect as directors the 10 director nominees named in the Proxy Statement: Jane Hamilton Nielsen Director Elections Board AGAINST 1
MongoDB, Inc. June 30, 2026 Approval, on a non-binding advisory basis, of the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Monopar Therapeutics Inc June 22, 2026 Elect Christopher M. Starr, Ph.D. Director Elections Board WITHHOLD 1
Monopar Therapeutics Inc June 22, 2026 Elect Kim R. Tsuchimoto Director Elections Board WITHHOLD 1
Monopar Therapeutics Inc June 22, 2026 Elect Raymond W. Anderson Director Elections Board WITHHOLD 1
Monro Inc. August 12, 2025 Elect Thomas B. Okray Director Elections Board WITHHOLD 1
Monument Mining Limited December 8, 2025 Elect Cathy Zhai Director Elections Board AGAINST 1
Moody's Corporation April 14, 2026 Election of Directors: Vincent A. Forlenza Director Elections Board AGAINST 1
Morgan Stanley May 14, 2026 Election of Directors: Robert H. Herz Director Elections Board AGAINST 1
Morimatsu International Holdings Company Limited June 25, 2026 Authority to Issue Repurchased Shares Capital Structure Board AGAINST 1
Morimatsu International Holdings Company Limited June 25, 2026 Authority to Issue Shares w/o Preemptive Rights Capital Structure Board AGAINST 1
Morningstar, Inc. May 7, 2026 Advisory vote to approve executive compensation of the Company's named executive officers. Say-on-Pay Board AGAINST 1
Motorola Solutions, Inc. May 18, 2026 Election of Eight Director Nominees for a One-Year Term: Nicole Anasenes Director Elections Board AGAINST 1
Mr. Price Group Limited August 27, 2025 Re-elect Nigel G. Payne Director Elections Board AGAINST 1
MrMax Holdings Ltd. May 21, 2026 Elect Takashi Miyazaki Director Elections Board AGAINST 1
Mueller Industries, Inc. May 7, 2026 To approve, on an advisory basis by non-binding vote, executive compensation. Say-on-Pay Board AGAINST 1
Mueller Water Products, Inc. February 9, 2026 Election of Directors: Brian C. Healy Director Elections Board AGAINST 1
Multitude AG April 24, 2026 Compensation Report Compensation Board AGAINST 1

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