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Vanguard 2024-2025: where it broke with the board

At least 6,065 proposals in the 2024-2025 proxy season: Vanguard voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 65 shareholder proposals, by its own Form N-PX filings.

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

6,065 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
ARABIAN CENTRES CO. June 17, 2025 Elect Hasan Al Zahrani as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Huseen Al Shaair as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Kaleem Alam as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Kamil Al Qalam as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Khalid Al Bawardi as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Majid Al Suweegh as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Mohammed Murad as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Muath Al Zamil as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Musaid Al Anzi as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Omar Al Mahmoud as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Rabeea Al Qadhi as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Salih Al Mahthouri as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Salman Al Hawawi as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Salman Al Hukeer as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Salman Al Suweelim as Director Director Elections Board ABSTAIN 5
ARABIAN CENTRES CO. June 17, 2025 Elect Ziyad Al Hazimi as Director Director Elections Board ABSTAIN 5
ARCELIK AS March 28, 2025 Approve Director Remuneration Compensation Board AGAINST 5
ARCELIK AS March 28, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 5
ARCS CO. LTD. May 27, 2025 Appoint Statutory Auditor Ohata, Tadao Compensation Board AGAINST 5
ARCS CO. LTD. May 27, 2025 Approve Director and Statutory Auditor Retirement Bonus Compensation Board AGAINST 5
ARISTA NETWORKS INC. May 30, 2025 Elect Charles H. Giancarlo Director Elections Board WITHHOLD 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Approve Remuneration of Directors of SAR 1,800,000 for FY 2024 Compensation Board AGAINST 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdulali Al Ajmi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdulazeez Al Hasan as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdullah Al Al Sheikh as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdullah Al Muhanna as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdullah Al Shareef as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdullah Sharbeeni as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Abdulwahab Abou Kweek as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Ahmed Al Jasir as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Ahmed Khoqeer as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Fahd Al Ajmi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Fahd Al Dhufeeri as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Fawaz Al Rifaee as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Faysal Ayaf as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Hani Qashlan as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Hasan Al Zahrani as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Ibraheem Al Hameedhi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Ibraheem Al Muaajil as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Isam Al Saqeer as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Khalid Al Dawas as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Lateefah Al Tameemi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Majid Al Suweegh as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Majid Fattah as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Mohammed Al Qurayshah as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Mohammed Qassab as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Muath Al Zamil as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Musaid Al Anzi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Omar Al Mahmoud as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Saad Al Haqeel as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Saeed Al Mueethir as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Salih Al Khalaf as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Salman Al Suweelim as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Sami Al Babteen as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Usamah Al Oweedhi as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Wael Al Bassam as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Waleed Al Muhanna as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Yasir Hammoudah as Director Director Elections Board ABSTAIN 5
ARRIYADH DEVELOPMENT CO. May 8, 2025 Elect Yazeed Al Jarid as Director Director Elections Board ABSTAIN 5
ARVIND LTD. July 20, 2024 Approve Reappointment and Remuneration of Jayesh Shah as Whole Time Director Designated as "Director & Group Chief Financial Officer" Compensation Board AGAINST 5
ARVIND LTD. July 20, 2024 Elect Susheel Kaul as Director and Approve Appointment of Susheel Kaul as Managing Director Designated as "Managing Director & President (Textiles)" Director Elections Board AGAINST 5
ARVIND LTD. August 1, 2024 Reelect Kulin Lalbhai as Director Director Elections Board AGAINST 5
ASAHI INDIA GLASS LTD. September 4, 2024 Reelect Masao Fukami as Director Director Elections Board AGAINST 5
ASAHI INDIA GLASS LTD. September 4, 2024 Reelect Nisheeta Labroo as Director Director Elections Board AGAINST 5
ASAHI INDIA GLASS LTD. June 21, 2025 Elect Shashank Srivastava as Director Director Elections Board AGAINST 5
ASHOK LEYLAND LTD. July 25, 2024 Approve Reappointment and Remuneration of Dheeraj G Hinduja as Executive Chairman (Whole-time) Compensation Board AGAINST 5
ASIA POLYMER CORP. May 28, 2025 Elect SHEN, SHANG-HONG, with Shareholder No. D120905XXX, as Independent Director Director Elections Board AGAINST 5
ASIAINFO TECHNOLOGIES LTD. May 28, 2025 Elect Ding Jian as Director Director Elections Board AGAINST 5
ASTER DM HEALTHCARE LTD. August 29, 2024 Reelect T J Wilson as Director Director Elections Board AGAINST 5
ATHENS INTERNATIONAL AIRPORT SA April 14, 2025 Approve Auditors and Fix Their Remuneration Audit-related Board AGAINST 5
ATHENS INTERNATIONAL AIRPORT SA April 14, 2025 Approve Director Remuneration Compensation Board AGAINST 5
ATHENS INTERNATIONAL AIRPORT SA April 14, 2025 Receive Remuneration Report Compensation Board AGAINST 5
AUREN ENERGIA SA September 10, 2024 Elect Joao Henrique Batista de Souza Schmidt as Board Chairman Director Elections Board AGAINST 5
AUREN ENERGIA SA September 10, 2024 Elect Joao Henrique Batista de Souza Schmidt as Director Director Elections Board AGAINST 5
AUROBINDO PHARMA LTD. August 29, 2024 Approve Payment of Commission to Independent Directors Compensation Board AGAINST 5
AUSTAL LTD. November 1, 2024 Elect Richard Spencer as Director Director Elections Board AGAINST 5
AVICHINA INDUSTRY & TECHNOLOGY COMPANY LTD. July 12, 2024 Elect Xu Gang as Director and Authorize Grant of Authorization to the Executive Director to Sign the Relevant Service Contract and to the Remuneration Committee to Fix His Remuneration Director Elections Board AGAINST 5
AVOLTA AG May 14, 2025 Reelect Alessandro Benetton as Director Director Elections Board AGAINST 5
AWL AGRI BUSINESS LTD. June 26, 2025 Reelect Kuok Khoon Hong as Director Director Elections Board AGAINST 5
B2GOLD CORP. June 19, 2025 Elect Director Kelvin Dushnisky Director Elections Board WITHHOLD 5
B3 SA-BRASIL, BOLSA, BALCAO April 24, 2025 Amend Restricted Stock Plan Compensation Board AGAINST 5
BAGFAS BANDIRMA GUBRE FABRIKALARI AS September 2, 2024 Authorize Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 5
BAJAJ CONSUMER CARE LTD. August 9, 2024 Approve Continuation of Payment of Remuneration to Sumit Malhotra as Non-Executive, Non-Independent Director Compensation Board AGAINST 5
BAJAJ CONSUMER CARE LTD. August 9, 2024 Reelect Kushagra Bajaj as Director Director Elections Board AGAINST 5
BAJAJ ELECTRICALS LTD. March 25, 2025 Approve and Ratification of the Payment of Minimum Remuneration to Anuj Poddar, former Managing Director & Chief Executive Officer, for FY 2024-25 Compensation Board AGAINST 5
BAJAJ FINANCE LTD. June 7, 2025 Approve Appointment and Remuneration of Rajeev Jain as Executive Director designated as Vice Chairman Compensation Board AGAINST 5
BANCO BRADESCO SA March 10, 2025 Elect Fiscal Council Members Compensation Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Approve Remuneration of Company's Management Compensation Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 Elect Andre Santos Esteves as Director Director Elections Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 Elect Joao Marcello Dantas Leite as Director Director Elections Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 Elect John Huw Gwili Jenkins as Director Director Elections Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 Elect Nelson Azevedo Jobim as Director Director Elections Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 Elect Roberto Balls Sallouti as Director Director Elections Board AGAINST 5
BANCO BTG PACTUAL SA April 30, 2025 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Andre Santos Esteves as Director Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Eduardo Henrique de Mello Motta Loyo as Independent Director Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Guillermo Ortiz Martinez as Independent Director Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Joao Marcello Dantas Leite as Director Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect John Huw Gwili Jenkins as Director Director Elections Board ABSTAIN 5
BANCO BTG PACTUAL SA April 30, 2025 Percentage of Votes to Be Assigned - Elect Maira Habimorad as Independent Director Director Elections Board ABSTAIN 5

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Built November 7, 2026 from SEC Form N-PX filings.