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Vanguard 2024-2025: where it broke with the board

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

6,072 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.

Vanguard, 2024-2025 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 recommendedVanguard votedFunds
JOHNS LYNG GROUP LTD. November 13, 2024 Approve the Spill Resolution Compensation Board AGAINST 5
JOINTOWN PHARMACEUTICAL GROUP CO. LTD. January 6, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 5
JOYOUNG CO. LTD. December 25, 2024 Approve Introduction of Investors to Increase Capital and Expand Shares for Wholly-owned Subsidiary Extraordinary Transactions Board AGAINST 5
JUPITER MINES LTD. November 28, 2024 Approve Increase of the Aggregate Non-Executive Director Fee Pool Compensation Board AGAINST 5
JUPITER MINES LTD. November 28, 2024 Elect Bo Sung (Ben) Kim as Director Director Elections Board AGAINST 5
JUROKU FINANCIAL GROUP INC. June 20, 2025 Elect Director Ikeda, Naoki Director Elections Board AGAINST 5
JUSUNG ENGINEERING CO. LTD. March 25, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
JUSUNG ENGINEERING CO. LTD. March 25, 2025 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 5
JUVENTUS FOOTBALL CLUB SPA November 7, 2024 Approve Second Section of the Remuneration Report Compensation Board AGAINST 5
JYP ENTERTAINMENT CORP. March 25, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KAGA ELECTRONICS CO. LTD. June 26, 2025 Elect Director Kado, Ryoichi Director Elections Board AGAINST 5
KAGA ELECTRONICS CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Kawamura, Eiji Director Elections Board AGAINST 5
KAGA ELECTRONICS CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Oyanagi, Kyoko Director Elections Board AGAINST 5
KAGA ELECTRONICS CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Sato, Yoichi Director Elections Board AGAINST 5
KAJIMA CORP. June 27, 2025 Appoint Statutory Auditor Suzuki, Kazushi Compensation Board AGAINST 5
KAKAO GAMES CORP. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KANADEN CORP. June 27, 2025 Appoint Statutory Auditor Uchida, Keiji Compensation Board AGAINST 5
KANAMOTO CO. LTD. January 23, 2025 Elect Director Kanamoto, Tetsuo Director Elections Board AGAINST 5
KANDENKO CO. LTD. June 27, 2025 Appoint Statutory Auditor Shiokawa, Kazuyuki Compensation Board AGAINST 5
KANDENKO CO. LTD. June 27, 2025 Elect Director Tamogami, Hirofumi Director Elections Board AGAINST 5
KANGWON LAND INC. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Elect Director Manabe, Seiji Director Elections Board AGAINST 5
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Elect Director Nishizawa, Nobuhiro Director Elections Board AGAINST 5
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Elect Director Shimamoto, Yasuji Director Elections Board AGAINST 5
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Elect Director Sono, Kiyoshi Director Elections Board AGAINST 5
KATAKURA INDUSTRIES CO. LTD. March 28, 2025 Elect Director Joko, Ryosuke Director Elections Board AGAINST 5
KATO SANGYO CO. LTD. December 20, 2024 Appoint Statutory Auditor Nakamura, Asuka Compensation Board AGAINST 5
KCC CORP. March 26, 2025 Elect Jeong Mong-jin as Inside Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect CHENG, YUN, a Representative of KYODEN HALL INDUSTRIAL CO. with Shareholder No. 26476, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect LIU, BO-LIANG, a Representative of KYODEN HALL INDUSTRIAL CO. with Shareholder No. 26476, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect LU, YU-CHON a Representative of RONG YUEN CO. with Shareholder No. 102963, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect XIAO, WEI-LUN a Representative of QIANFU DEVELOPMENT CO. with Shareholder No. 105918, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect YANG, CHU-MING, a Representative of GENESIS CONSULTING INC. with Shareholder No. 88614, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect YANG, DEI-LONG a Representative of QIANFU DEVELOPMENT CO. with Shareholder No. 105918, as Non-Independent Director Director Elections Board AGAINST 5
KEE TAI PROPERTIES CO. LTD. June 17, 2025 Elect YANG, HAI-JIE, with Shareholder No. 324, as Non-Independent Director Director Elections Board AGAINST 5
KEEPER TECHNICAL LABORATORY CO. LTD. September 27, 2024 Approve Director Retirement Bonus Compensation Board AGAINST 5
KEIKYU CORP. June 27, 2025 Elect Director Kawamata, Yukihiro Director Elections Board AGAINST 5
KEIKYU CORP. June 27, 2025 Elect Director and Audit Committee Member Harada, Osamu Director Elections Board AGAINST 5
KEIKYU CORP. June 27, 2025 Elect Director and Audit Committee Member Urabe, Kazuo Director Elections Board AGAINST 5
KEISEI ELECTRIC RAILWAY CO. LTD. June 27, 2025 Appoint Statutory Auditor Kitada, Yoshihito Compensation Board AGAINST 5
KEIYO BANK LTD. June 25, 2025 Elect Director Kumagai, Toshiyuki Director Elections Board AGAINST 5
KELSIAN GROUP LTD. October 29, 2024 Elect Terry Dodd as Director Director Elections Board AGAINST 5
KENKO MAYONNAISE CO. LTD. June 24, 2025 Elect Director Shimamoto, Kunikazu Director Elections Board AGAINST 5
KEPCO PLANT SERVICE & ENGINEERING CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KEPCO PLANT SERVICE & ENGINEERING CO. LTD. March 26, 2025 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 5
KH VATEC CO. LTD. March 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KIKKOMAN CORP. June 24, 2025 Appoint Statutory Auditor Fukasawa, Haruhiko Compensation Board AGAINST 5
KINEPOLIS GROUP NV May 14, 2025 Approve Remuneration Report Compensation Board AGAINST 5
KINEPOLIS GROUP NV May 14, 2025 Approve Remuneration of Directors Compensation Board AGAINST 5
KINGFA SCI. & TECH. CO. LTD. January 22, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 5
KINGKEY FINANCIAL INTERNATIONAL (HOLDINGS) LTD. August 22, 2024 Approve Increase in Authorized Share Capital Capital Structure Board AGAINST 5
KINTETSU GROUP HOLDINGS CO. LTD. June 20, 2025 Elect Director Wakai, Takashi Director Elections Board AGAINST 5
KIZILBUK GAYRIMENKUL YATIRIM ORTAKLIGI AS July 4, 2024 Approve Director Remuneration Compensation Board AGAINST 5
KNORR-BREMSE AG April 30, 2025 Approve Remuneration Report Compensation Board AGAINST 5
KNT-CT HOLDINGS CO. LTD. June 17, 2025 Appoint Statutory Auditor Kato, Naoto Compensation Board AGAINST 5
KNT-CT HOLDINGS CO. LTD. June 17, 2025 Appoint Statutory Auditor Takimoto, Satoshi Compensation Board AGAINST 5
KNT-CT HOLDINGS CO. LTD. June 17, 2025 Elect Director Yoneda, Akimasa Director Elections Board AGAINST 5
KOA CORP. June 21, 2025 Appoint Statutory Auditor Nakato, Yasuhisa Compensation Board AGAINST 5
KOBE STEEL LTD. June 19, 2025 Elect Director and Audit Committee Member Matsumoto, Gunyu Director Elections Board AGAINST 5
KOGAN.COM LTD. November 22, 2024 Elect James Spenceley as Director Director Elections Board AGAINST 5
KOITO MANUFACTURING CO. LTD. June 27, 2025 Elect Director Otake, Masahiro Director Elections Board AGAINST 5
KOLMAR KOREA CO. LTD. March 26, 2025 Approve Terms of Retirement Pay Compensation Board AGAINST 5
KOLMAR KOREA CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KOMATSU MATERE CO. LTD. June 20, 2025 Elect Alternate Director and Audit Committee Member Ikemizu, Ryuichi Director Elections Board AGAINST 5
KOMATSU MATERE CO. LTD. June 20, 2025 Elect Alternate Director and Audit Committee Member Okuya, Teruhiro Director Elections Board AGAINST 5
KOMATSU MATERE CO. LTD. June 20, 2025 Elect Director and Audit Committee Member Yokogoshi, Aki Director Elections Board AGAINST 5
KOMATSU MATERE CO. LTD. June 20, 2025 Elect Director and Audit Committee Member Yonezawa, Kazuhiro Director Elections Board AGAINST 5
KOMERCNI BANKA AS April 24, 2025 Approve Remuneration Report Compensation Board AGAINST 5
KONOIKE TRANSPORT CO. LTD. June 24, 2025 Appoint Statutory Auditor Takahashi, Kazuya Compensation Board AGAINST 5
KONOIKE TRANSPORT CO. LTD. June 24, 2025 Elect Director Konoike, Tadahiko Director Elections Board AGAINST 5
KOREA ASSET IN TRUST CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KOREA ELECTRIC TERMINAL CO. LTD. March 21, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KOREA ELECTRIC TERMINAL CO. LTD. March 21, 2025 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 5
KOREA LINE CORP. March 28, 2025 Approve Terms of Retirement Pay Compensation Board AGAINST 5
KOREA PETROCHEMICAL IND CO. LTD. March 14, 2025 Elect Ha Hyeon-su as Inside Director Director Elections Board AGAINST 5
KOREA REAL ESTATE INVESTMENT TRUST CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KOREA UNITED PHARM INC. March 25, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
KPP GROUP HOLDINGS CO. LTD. June 27, 2025 Elect Director Tanabe, Madoka Director Elections Board AGAINST 5
KPP GROUP HOLDINGS CO. LTD. June 27, 2025 Elect Director and Audit Committee Member Kudo, Yoko Director Elections Board AGAINST 5
KPP GROUP HOLDINGS CO. LTD. June 27, 2025 Elect Director and Audit Committee Member Nakagawa, Naoki Director Elections Board AGAINST 5
KROSAKI HARIMA CORP. June 24, 2025 Elect Director Egawa, Kazuhiro Director Elections Board AGAINST 5
KRUNG THAI BANK PUBLIC CO. LTD. April 4, 2025 Approve EY Company Limited as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 5
KUMIAI CHEMICAL INDUSTRY CO. LTD. January 29, 2025 Appoint Statutory Auditor Suzuki, Tomitaka Compensation Board AGAINST 5
KURIMOTO LTD. June 26, 2025 Appoint Alternate Statutory Auditor Doko, Seiji Compensation Board AGAINST 5
KURIMOTO LTD. June 26, 2025 Appoint Alternate Statutory Auditor Murata, Minoru Compensation Board AGAINST 5
KURIMOTO LTD. June 26, 2025 Appoint Statutory Auditor Yasuhara, Takahiko Compensation Board AGAINST 5
KUYAS YATIRIM AS May 7, 2025 Approve Director Remuneration Compensation Board AGAINST 5
KUYAS YATIRIM AS May 7, 2025 Authorize Issuance of Bonds Capital Structure Board AGAINST 5
KUYAS YATIRIM AS May 7, 2025 Elect Directors Director Elections Board AGAINST 5
KYOCERA CORP. June 26, 2025 Appoint Statutory Auditor Aoki, Shoichi Compensation Board AGAINST 5
KYOEI STEEL LTD. June 25, 2025 Appoint Statutory Auditor Maeda, Toyoji Compensation Board AGAINST 5
KYOKUYO CO. LTD. June 25, 2025 Appoint Statutory Auditor Fukushima, Shigeru Compensation Board AGAINST 5
KYOKUYO CO. LTD. June 25, 2025 Appoint Statutory Auditor Suzuki, Junji Compensation Board AGAINST 5
KYORITSU MAINTENANCE CO. LTD. June 26, 2025 Elect Director Nakamura, Koji Director Elections Board AGAINST 5
KYORITSU MAINTENANCE CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Kawashima, Tokio Director Elections Board AGAINST 5
KYORITSU MAINTENANCE CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Ueda, Takumi Director Elections Board AGAINST 5
KYOSAN ELECTRIC MANUFACTURING CO. LTD. June 25, 2025 Approve Performance Share Plan Compensation Board AGAINST 5
KYUSHU FINANCIAL GROUP INC. June 20, 2025 Elect Director and Audit Committee Member Kitanosono, Masahide Director Elections Board AGAINST 5
KYUSHU FINANCIAL GROUP INC. June 20, 2025 Elect Director and Audit Committee Member Sakata, Jiro Director Elections Board AGAINST 5
KYUSHU FINANCIAL GROUP INC. June 20, 2025 Elect Director and Audit Committee Member Suzuki, Nobuya Director Elections Board AGAINST 5

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Built October 13, 2026 from SEC Form N-PX filings.