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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
NIPPON KANZAI HOLDINGS CO. LTD. June 19, 2025 Elect Director Fukuda, Shintaro Director Elections Board AGAINST 5
NIPPON LIGHT METAL HOLDINGS CO. LTD. June 24, 2025 Appoint Statutory Auditor Hirosawa, Hideo Compensation Board AGAINST 5
NIPPON PAPER INDUSTRIES CO. LTD. June 27, 2025 Appoint Statutory Auditor Itakura, Tomoyasu Compensation Board AGAINST 5
NIPPON PAPER INDUSTRIES CO. LTD. June 27, 2025 Appoint Statutory Auditor Nishimoto, Tomoyoshi Compensation Board AGAINST 5
NIPPON RIETEC CO. LTD. June 25, 2025 Elect Director Egusa, Shigeru Director Elections Board AGAINST 5
NIPPON ROAD CO. LTD. June 26, 2025 Elect Director Ishii, Toshiyuki Director Elections Board AGAINST 5
NIPPON SHARYO LTD. June 27, 2025 Appoint Statutory Auditor Hiraiwa, Toshiro Compensation Board AGAINST 5
NIPPON SHARYO LTD. June 27, 2025 Elect Director Tanaka, Mamoru Director Elections Board AGAINST 5
NIPPON TELEVISION HOLDINGS INC. June 27, 2025 Appoint Alternate Statutory Auditor Negishi, Toyoaki Compensation Board AGAINST 5
NIPRO CORP. June 26, 2025 Appoint Statutory Auditor Morimoto, Toshinobu Compensation Board AGAINST 5
NIPRO CORP. June 26, 2025 Elect Director Yamazaki, Tsuyoshi Director Elections Board AGAINST 5
NISSEI ASB MACHINE CO. LTD. December 18, 2024 Approve Statutory Auditor Retirement Bonus Compensation Board AGAINST 5
NISSIN CORP. June 25, 2025 Elect Director Tsutsui, Masahiro Director Elections Board AGAINST 5
NISSIN FOODS HOLDINGS CO. LTD. June 26, 2025 Appoint Alternate Statutory Auditor Sugiura, Tetsuro Compensation Board AGAINST 5
NISSIN FOODS HOLDINGS CO. LTD. June 26, 2025 Appoint Statutory Auditor Hashimoto, Akihiro Compensation Board AGAINST 5
NISSUI CORP. June 26, 2025 Appoint Statutory Auditor Jingu, Tomoshige Compensation Board AGAINST 5
NISSUI CORP. June 26, 2025 Elect Director Tanaka, Teru Director Elections Board AGAINST 5
NITTA CORP. June 26, 2025 Appoint Statutory Auditor Morishita, Toshihiko Compensation Board AGAINST 5
NITTA CORP. June 26, 2025 Elect Director Kitamura, Seiichi Director Elections Board AGAINST 5
NITTO KOHKI CO. LTD. June 25, 2025 Approve Director Retirement Bonus Compensation Board AGAINST 5
NMDC LTD. September 24, 2024 Reelect Abhijit Narendra as Director Director Elections Board AGAINST 5
NMDC LTD. December 12, 2024 Elect Joydeep Dasgupta as Director Director Elections Board AGAINST 5
NMDC LTD. December 12, 2024 Elect Subodh Kumar Singh as Director Director Elections Board AGAINST 5
NOHMI BOSAI LTD. June 26, 2025 Elect Director Hasegawa, Masahiro Director Elections Board AGAINST 5
NOLATO AB May 6, 2025 Reelect Lovisa Hamrin as Director Director Elections Board AGAINST 5
NORDNET AB April 28, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 5
NORITAKE CO. LTD. June 26, 2025 Elect Director Higashiyama, Akira Director Elections Board AGAINST 5
NORITAKE CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Fuma, Yuko Director Elections Board AGAINST 5
NORITAKE CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Matsumoto, Chika Director Elections Board AGAINST 5
NORITAKE CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Morisaki, Takashi Director Elections Board AGAINST 5
NOVONIX LTD. January 22, 2025 Approve Issuance of Incentive Options to Andrew Liveris Compensation Board AGAINST 5
NPR-RIKEN CORP. June 24, 2025 Elect Director Takahashi, Teruo Director Elections Board AGAINST 5
NPR-RIKEN CORP. June 24, 2025 Elect Director and Audit Committee Member Honda, Osamu Director Elections Board AGAINST 5
NPR-RIKEN CORP. June 24, 2025 Elect Director and Audit Committee Member Koeba, Hiroto Director Elections Board AGAINST 5
NTN CORP. June 25, 2025 Elect Director Egami, Masaki Director Elections Board AGAINST 5
NTN CORP. June 25, 2025 Elect Director Harima, Etsu Director Elections Board AGAINST 5
NTN CORP. June 25, 2025 Elect Director Kitani, Yasuo Director Elections Board AGAINST 5
NTN CORP. June 25, 2025 Elect Director Ukai, Eiichi Director Elections Board AGAINST 5
NVIDIA June 25, 2025 Ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2026. Audit-related Board AGAINST 5
NXERA PHARMA CO. LTD. March 26, 2025 Elect Director Christopher Cargill Director Elections Board AGAINST 5
NXERA PHARMA CO. LTD. March 26, 2025 Elect Director David Roblin Director Elections Board AGAINST 5
OC OERLIKON CORP. AG April 1, 2025 Approve Remuneration Report Compensation Board AGAINST 5
OC OERLIKON CORP. AG April 1, 2025 Reappoint Alexey Moskov as Member of the Human Resources Committee Director Elections Board AGAINST 5
OC OERLIKON CORP. AG April 1, 2025 Reelect Alexey Moskov as Director Director Elections Board AGAINST 5
ODAKYU ELECTRIC RAILWAY CO. LTD. June 27, 2025 Elect Director Suzuki, Shigeru Director Elections Board AGAINST 5
OESTERREICHISCHE POST AG April 9, 2025 Approve Remuneration Report Compensation Board AGAINST 5
OGAKI KYORITSU BANK LTD. June 24, 2025 Appoint Statutory Auditor Tanabe, Kohei Compensation Board AGAINST 5
OGAKI KYORITSU BANK LTD. June 24, 2025 Elect Director Hayashi, Takaharu Director Elections Board AGAINST 5
OKABE CO. LTD. March 28, 2025 Elect Director and Audit Committee Member Endo, Toshinari Director Elections Board AGAINST 5
OKABE CO. LTD. March 28, 2025 Elect Director and Audit Committee Member Takahashi, Hitoshi Director Elections Board AGAINST 5
OKAMURA CORP. June 25, 2025 Appoint Statutory Auditor Nagai, Noriyuki Compensation Board AGAINST 5
OKI ELECTRIC INDUSTRY CO. LTD. June 25, 2025 Appoint Statutory Auditor Inoue, Hajime Compensation Board AGAINST 5
OKURA INDUSTRIAL CO. LTD. March 26, 2025 Elect Director Fukuda, Eiji Director Elections Board AGAINST 5
OKURA INDUSTRIAL CO. LTD. March 26, 2025 Elect Director and Audit Committee Member Saito, Shin Director Elections Board AGAINST 5
OKUWA CO. LTD. May 13, 2025 Elect Director Okuwa, Hirotsugu Director Elections Board AGAINST 5
OMRON CORP. June 24, 2025 Appoint Statutory Auditor Iwasa, Hiroto Compensation Board AGAINST 5
ONE UNITED PROPERTIES SA April 29, 2025 Amend Remuneration Policy Compensation Board AGAINST 5
ONE UNITED PROPERTIES SA April 29, 2025 Approve Remuneration Report Compensation Board AGAINST 5
ONE UNITED PROPERTIES SA April 29, 2025 Elect Claudio Cisullo as Director Director Elections Board AGAINST 5
ONE UNITED PROPERTIES SA April 29, 2025 Elect Victor Capitanu as Director Director Elections Board AGAINST 5
ONTEX GROUP NV May 5, 2025 Approve Amended Remuneration Policy Compensation Board AGAINST 5
OPEN DOOR INC. June 24, 2025 Elect Director Sekine, Daisuke Director Elections Board AGAINST 5
OPERADORA DE SITES MEXICANOS SAB DE CV April 30, 2025 Elect and/or Ratify Directors, Secretary and Deputy Secretary; Verify Independence Qualification of Directors Director Elections Board AGAINST 5
OPERADORA DE SITES MEXICANOS SAB DE CV April 30, 2025 Elect and/or Ratify Members of Audit Committee and Corporate Practices Committees Director Elections Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Compensation Report of Corporate Officers Compensation Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Compensation of Felicie Burelle, Vice-CEO Compensation Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Compensation of Laurent Favre, CEO Compensation Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Issuance of Equity or Equity-Linked Securities for Private Placements, up to Aggregate Nominal Amount of EUR 2 Million Capital Structure Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Remuneration Policy of CEO Compensation Board AGAINST 5
OPMOBILITY SE April 24, 2025 Approve Remuneration Policy of Vice-CEO Compensation Board AGAINST 5
OPMOBILITY SE April 24, 2025 Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above Under Items 17-19 Capital Structure Board AGAINST 5
OPMOBILITY SE April 24, 2025 Authorize Capital Increase for Contributions in Kind, up to Aggregate Nominal Amount of EUR 2 Million Capital Structure Board AGAINST 5
OPMOBILITY SE April 24, 2025 Authorize Capital Increase of Up to EUR 6 Million for Future Exchange Offers Capital Structure Board AGAINST 5
OPMOBILITY SE April 24, 2025 Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 6 Million Capital Structure Board AGAINST 5
OPMOBILITY SE April 24, 2025 Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 6 Million Capital Structure Board AGAINST 5
OPTHEA LTD. November 15, 2024 Elect Lawrence Gozlan as Director Director Elections Board AGAINST 5
OPTORUN CO. LTD. March 25, 2025 Elect Director Bin Fan Director Elections Board AGAINST 5
ORBIA ADVANCE CORPORATION SAB DE CV April 2, 2025 Approve Remuneration of Members of Board and Key Committees Compensation Board AGAINST 5
ORBIA ADVANCE CORPORATION SAB DE CV April 2, 2025 Set Aggregate Nominal Amount of Share Repurchase Reserve Capital Structure Board AGAINST 5
ORG TECHNOLOGY CO. LTD. February 28, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 5
ORION CORP. (KOREA) March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
ORION CORP. (KOREA) March 26, 2025 Elect Noh Seung-gwon as Outside Director to serve as a Member of Audit Committee Director Elections Board AGAINST 5
OSAKA SODA CO. LTD. June 27, 2025 Appoint Statutory Auditor Segawa, Yasushi Compensation Board AGAINST 5
OSAKA STEEL CO. LTD. June 25, 2025 Appoint Statutory Auditor Okigaki, Yoshihiro Compensation Board AGAINST 5
OSCOTEC INC. March 27, 2025 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 5
OTP BANK NYRT April 25, 2025 Receive Report on Share Repurchase Program and Authorize Share Repurchase Program Capital Structure Board AGAINST 5
OTSUKA HOLDINGS CO. LTD. March 28, 2025 Elect Director Inoue, Makoto Director Elections Board AGAINST 5
OVH GROUPE SAS February 6, 2025 Approve Compensation of CEO Compensation Board AGAINST 5
OVH GROUPE SAS February 6, 2025 Approve Remuneration Policy of Benjamin Revcolevschi, CEO since October 23, 2024 Compensation Board AGAINST 5
OVH GROUPE SAS February 6, 2025 Approve Remuneration Policy of Michel Paulin, CEO from September 1, 2024 to October 23, 2024 Compensation Board AGAINST 5
PACK CORP. March 26, 2025 Appoint Statutory Auditor Ito, Haruyasu Compensation Board AGAINST 5
PACK CORP. March 26, 2025 Elect Director Nakamura, Naoki Director Elections Board AGAINST 5
PAL GROUP HOLDINGS CO. LTD. May 28, 2025 Approve Director Retirement Bonus Compensation Board AGAINST 5
PAL GROUP HOLDINGS CO. LTD. May 28, 2025 Elect Director Kojima, Hirofumi Director Elections Board AGAINST 5
PALFINGER AG April 3, 2025 Approve Remuneration Report Compensation Board AGAINST 5
PALFINGER AG April 3, 2025 Approve Remuneration of Supervisory Board Members Compensation Board AGAINST 5
PALFINGER AG April 3, 2025 Elect Hubert Palfinger as Supervisory Board Member Director Elections Board AGAINST 5
PALFINGER AG April 3, 2025 Elect Marianne Heiss as Supervisory Board Member Director Elections Board AGAINST 5
PARKIN CO. PJSC March 27, 2025 Approve Remuneration of Directors for FY 2024 Compensation Board AGAINST 5
PEGATRON CORP. June 6, 2025 Elect E.L. TUNG, a Representative of DAI-HE INVESTMENT CO., LTD. with Shareholder No. 00294954, as Non-independent Director Director Elections Board AGAINST 5

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Built October 18, 2026 from SEC Form N-PX filings.