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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
SHANGHAI PHARMACEUTICALS HOLDING CO. LTD. June 26, 2025 Approve External Guarantees Capital Structure Board AGAINST 5
SHANGHAI WAIGAOQIAO FREE TRADE ZONE GROUP CO. LTD. May 27, 2025 Approve External Guarantees Capital Structure Board AGAINST 5
SHANGHAI WANYE ENTERPRISES CO. LTD. May 16, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 5
SHANGHAI WANYE ENTERPRISES CO. LTD. May 16, 2025 Approve Remuneration of Directors, Supervisors and Senior Management Members Compensation Board AGAINST 5
SHENWAN HONGYUAN GROUP CO. LTD. October 22, 2024 Elect Wu Changqi as Director Director Elections Board AGAINST 5
SHENZHEN LEAGUER CO. LTD. April 16, 2025 Approve Extension of Financial Assistance Capital Structure Board AGAINST 5
SHENZHEN OVERSEAS CHINESE TOWN CO. LTD. April 25, 2025 Approve Financing Credit Line Capital Structure Board AGAINST 5
SHENZHEN OVERSEAS CHINESE TOWN CO. LTD. April 25, 2025 Elect Da Yunping as Supervisor Compensation Board AGAINST 5
SHIBUSAWA LOGISTICS CORP. June 27, 2025 Elect Alternate Director and Audit Committee Member Baba, Keiko Director Elections Board AGAINST 5
SHIBUSAWA LOGISTICS CORP. June 27, 2025 Elect Director and Audit Committee Member Hoshi, Masatoshi Director Elections Board AGAINST 5
SHIBUSAWA LOGISTICS CORP. June 27, 2025 Elect Director and Audit Committee Member Kashiwazaki, Hirohisa Director Elections Board AGAINST 5
SHIBUSAWA LOGISTICS CORP. June 27, 2025 Elect Director and Audit Committee Member Mori, Susumu Director Elections Board AGAINST 5
SHIGA BANK LTD. June 25, 2025 Appoint Statutory Auditor Mukunoki, Akio Compensation Board AGAINST 5
SHIGA BANK LTD. June 25, 2025 Elect Director Kubota, Shinya Director Elections Board AGAINST 5
SHIKOKU BANK LTD. June 27, 2025 Elect Director Yamamoto, Fumiaki Director Elections Board AGAINST 5
SHIKOKU ELECTRIC POWER CO. INC. June 26, 2025 Elect Director Nagai, Keisuke Director Elections Board AGAINST 5
SHIKOKU ELECTRIC POWER CO. INC. June 26, 2025 Elect Director and Audit Committee Member Kagawa, Ryohei Director Elections Board AGAINST 5
SHIKOKU ELECTRIC POWER CO. INC. June 26, 2025 Elect Director and Audit Committee Member Otsuka, Iwao Director Elections Board AGAINST 5
SHIKOKU ELECTRIC POWER CO. INC. June 26, 2025 Elect Director and Audit Committee Member Shiome, Kazuhiko Director Elections Board AGAINST 5
SHIKOKU KASEI HOLDINGS CORP. March 27, 2025 Appoint Statutory Auditor Katayama, Kazuhiko Compensation Board AGAINST 5
SHIMADZU CORP. June 26, 2025 Appoint Statutory Auditor Yamada, Yoichi Compensation Board AGAINST 5
SHIMAMURA CO. LTD. May 16, 2025 Elect Director Takahashi, Iichiro Director Elections Board AGAINST 5
SHINDENGEN ELECTRIC MANUFACTURING CO. LTD. June 27, 2025 Appoint Alternate Statutory Auditor Okada, Mitsutaka Compensation Board AGAINST 5
SHINDENGEN ELECTRIC MANUFACTURING CO. LTD. June 27, 2025 Appoint Statutory Auditor Nihei, Harusato Compensation Board AGAINST 5
SHINING BUILDING BUSINESS CO. LTD. June 25, 2025 Elect a Representative of Chengji Investment Co., Ltd., with SHAREHOLDER NO.532 as Non-independent Director Director Elections Board AGAINST 5
SHINING BUILDING BUSINESS CO. LTD. June 25, 2025 Elect a Representative of Dingzheng Investment Co., Ltd., with SHAREHOLDER NO.8 as Non-independent Director Director Elections Board AGAINST 5
SHINING BUILDING BUSINESS CO. LTD. June 25, 2025 Elect a Representative of Yiyang Investment Co., Ltd., with SHAREHOLDER NO.856 as Non-independent Director Director Elections Board AGAINST 5
SHINKO SHOJI CO. LTD. June 25, 2025 Elect Director Ogawa, Tatsuya Director Elections Board AGAINST 5
SHINNIHON CORP. June 27, 2025 Approve Director Retirement Bonus Compensation Board AGAINST 5
SHINNIHON CORP. June 27, 2025 Elect Director Takami, Katsushi Director Elections Board AGAINST 5
SHINSEGAE INTERNATIONAL INC. March 20, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SHINSUNG E&G CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SHIP HEALTHCARE HOLDINGS INC. June 27, 2025 Appoint Statutory Auditor Minami, Koichi Compensation Board AGAINST 5
SHIP HEALTHCARE HOLDINGS INC. June 27, 2025 Appoint Statutory Auditor Mizushima, Toichiro Compensation Board AGAINST 5
SHIP HEALTHCARE HOLDINGS INC. June 27, 2025 Appoint Statutory Auditor Toda, Narushige Compensation Board AGAINST 5
SHIZUOKA GAS CO. LTD. March 26, 2025 Appoint Statutory Auditor Kobayashi, Hidefumi Compensation Board AGAINST 5
SHIZUOKA GAS CO. LTD. March 26, 2025 Elect Director Kishida, Hiroyuki Director Elections Board AGAINST 5
SHOCHIKU CO. LTD. May 27, 2025 Elect Director Takahashi, Toshihiro Director Elections Board AGAINST 5
SHOWA SANGYO CO. LTD. June 24, 2025 Elect Alternate Director and Audit Committee Member Takahashi, Yoshiki Director Elections Board AGAINST 5
SHOWA SANGYO CO. LTD. June 24, 2025 Elect Director Tsukagoshi, Hideyuki Director Elections Board AGAINST 5
SHOWA SANGYO CO. LTD. June 24, 2025 Elect Director and Audit Committee Member Oyanagi, Susumu Director Elections Board AGAINST 5
SHOWA SANGYO CO. LTD. June 24, 2025 Elect Director and Audit Committee Member Sugo, Joji Director Elections Board AGAINST 5
SHOWA SANGYO CO. LTD. June 24, 2025 Elect Director and Audit Committee Member Teshima, Toshihiro Director Elections Board AGAINST 5
SIEMENS HEALTHINEERS AG February 18, 2025 Approve Remuneration Policy Compensation Board AGAINST 5
SILICON 2 CO. LTD. March 27, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SILTRONIC AG May 12, 2025 Approve Allocation of Income and Dividends of EUR 0.20 per Share Capital Structure Board ABSTAIN 5
SILTRONIC AG May 12, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SIMMTECH CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SINCH AB May 22, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SINFONIA TECHNOLOGY CO. LTD. June 27, 2025 Appoint Alternate Statutory Auditor Sasakawa, Koji Compensation Board AGAINST 5
SINFONIA TECHNOLOGY CO. LTD. June 27, 2025 Elect Director Hirano, Shinichi Director Elections Board AGAINST 5
SINOTRANS LTD. June 5, 2025 Approve Estimated Guarantees of the Company Capital Structure Board AGAINST 5
SINOTRUK (HONG KONG) LTD. June 26, 2025 Elect Karsten Oellers as Director Director Elections Board AGAINST 5
SINOTRUK (HONG KONG) LTD. June 26, 2025 Elect Mats Lennart Harborn as Director Director Elections Board AGAINST 5
SINPAS GAYRIMENKUL YATIRIM ORTAKLIGI AS July 4, 2024 Approve Director Remuneration Compensation Board AGAINST 5
SIXT SE June 5, 2025 Elect Daniel Terberger to the Supervisory Board Director Elections Board AGAINST 5
SIXT SE June 5, 2025 Elect Erich Sixt to the Supervisory Board Director Elections Board AGAINST 5
SK INC. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SK INC. March 26, 2025 Elect Choi Tae-won as Inside Director Director Elections Board AGAINST 5
SK INC. March 26, 2025 Elect Kim Seon-hui as a Member of Audit Committee Director Elections Board AGAINST 5
SKAN GROUP AG May 7, 2025 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 5
SKILLSOFT CORP. July 18, 2024 To approve the Amendment to the Skillsoft Corp. 2020 Omnibus Incentive Plan (the "2020 Plan"), to increase the number of shares of Class A common stock available for issuance under the 2020 Plan; Compensation Board AGAINST 5
SKISTAR AB December 14, 2024 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 5
SKY PERFECT JSAT HOLDINGS INC. June 20, 2025 Appoint Statutory Auditor Uchikawa, Masanori Compensation Board AGAINST 5
SKY PERFECT JSAT HOLDINGS INC. June 20, 2025 Elect Director Yonekura, Eiichi Director Elections Board AGAINST 5
SKYX PLATFORMS CORP. July 10, 2024 Election of Directors: Efrat L. Greenstein Brayer Director Elections Board WITHHOLD 5
SKYX PLATFORMS CORP. July 10, 2024 Election of Directors: Gary N. Golden Director Elections Board WITHHOLD 5
SKYX PLATFORMS CORP. July 10, 2024 Election of Directors: Nancy DiMattia Director Elections Board WITHHOLD 5
SKYX PLATFORMS CORP. July 10, 2024 To approve the Company's Amended and Restated 2021 Stock Incentive Plan. Compensation Board AGAINST 5
SM ENTERTAINMENT CO. LTD. March 25, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SMA SOLAR TECHNOLOGY AG June 3, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SMA SOLAR TECHNOLOGY AG June 3, 2025 Elect Ilonka Nussbaumer to the Supervisory Board Director Elections Board AGAINST 5
SMA SOLAR TECHNOLOGY AG June 3, 2025 Elect Uwe Kleinkauf to the Supervisory Board Director Elections Board AGAINST 5
SMARTONE TELECOMMUNICATIONS HOLDINGS LTD. November 5, 2024 Elect Gan Fock-kin, Eric as Director Director Elections Board AGAINST 5
SOBHA LTD. December 26, 2024 Approve Appointment and Remuneration of Nisanth M N as Deputy Managing Director Compensation Board AGAINST 5
SOCIETE BIC SA May 20, 2025 Approve Compensation of Gonzalve Bich, CEO Compensation Board AGAINST 5
SOCIETE BIC SA May 20, 2025 Approve Severance Agreement with Gonzalve Bich, CEO Compensation Board AGAINST 5
SOFTBANK GROUP CORP. June 27, 2025 Approve Stock Option Plan and Deep Discount Stock Option Plan Compensation Board AGAINST 5
SOFTCREATE HOLDINGS CORP. June 19, 2025 Elect Director Hayashi, Muneharu Director Elections Board AGAINST 5
SOFTWAREONE HOLDING AG May 16, 2025 Appoint Rune Syersen as Member of the Nomination and Compensation Committee with Effect from and Subject to the Completion of Acquisition of Crayon Group Holding ASA, for a Term of Office until next AGM Director Elections Board AGAINST 5
SOFTWAREONE HOLDING AG May 16, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SOFTWAREONE HOLDING AG May 16, 2025 Reappoint Rene Gilli as Member of the Nomination and Compensation Committee Director Elections Board AGAINST 5
SOFTWAREONE HOLDING AG May 16, 2025 Reelect Daniel von Stockar as Director Director Elections Board AGAINST 5
SOFTWAREONE HOLDING AG May 16, 2025 Reelect Rene Gilli as Director Director Elections Board AGAINST 5
SOHGO SECURITY SERVICES CO. LTD. June 25, 2025 Appoint Statutory Auditor Tanaka, Jun Compensation Board AGAINST 5
SONDER HOLDINGS INC. December 23, 2024 The amendment of the Company's 2021 Equity Incentive Plan to increase the number of shares of common stock available for the issuance of awards under the 2021 Equity Incentive Plan as set forth in the proxy statement. Compensation Board AGAINST 5
SONGWON INDUSTRIAL CO. LTD. March 21, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SONGWON INDUSTRIAL CO. LTD. March 21, 2025 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 5
SOOP CO. LTD. March 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SPAR NORD BANK A/S March 18, 2025 Reelect Morten Bach Gaardboe as Director Director Elections Board ABSTAIN 5
SPAR NORD BANK A/S March 18, 2025 Reelect Per Nikolaj Bukh as Director Director Elections Board ABSTAIN 5
SPC SAMLIP CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SPIRENT COMMUNICATIONS PLC June 26, 2025 Approve Remuneration Report Compensation Board AGAINST 5
ST PHARM CO. LTD. March 31, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
ST. BARBARA LTD. October 23, 2024 Approve Remuneration Report Compensation Board AGAINST 5
ST. GALLER KANTONALBANK AG April 30, 2025 Approve Variable Remuneration of Executive Committee in the Amount of CHF 2.3 Million Compensation Board AGAINST 5
STADLER RAIL AG May 7, 2025 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 5
STADLER RAIL AG May 7, 2025 Reappoint Hans-Peter Schwald as Member of the Compensation Committee Director Elections Board AGAINST 5
STADLER RAIL AG May 7, 2025 Reappoint Peter Spuhler as Member of the Compensation Committee Director Elections Board AGAINST 5
STADLER RAIL AG May 7, 2025 Reelect Hans-Peter Schwald as Director Director Elections Board AGAINST 5

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Built October 25, 2026 from SEC Form N-PX filings.