Home › Asset managers › Vanguard › 2024-2025 › Against 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Vanguard voted | Funds |
|---|---|---|---|---|---|---|---|
| PETROLEO BRASILEIRO SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Jose Fernando Coura as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| PETROLEO BRASILEIRO SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Magda Maria de Regina Chambriard as Director | Director Elections | Board | ABSTAIN | 5 | |
| PETROLEO BRASILEIRO SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Pietro Adamo Sampaio Mendes as Director | Director Elections | Board | ABSTAIN | 5 | |
| PETROLEO BRASILEIRO SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Rafael Ramalho Dubeux as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| PETROLEO BRASILEIRO SA | April 16, 2025 | Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| PETRONET LNG LTD. | September 6, 2024 | Reelect Arun Kumar Singh as Director | Director Elections | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | September 6, 2024 | Reelect Sandeep Kumar Gupta as Director | Director Elections | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | November 23, 2024 | Elect Satish Kumar Vaduguri as Director | Director Elections | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | January 25, 2025 | Elect Arvinder Singh Sahney as Director | Director Elections | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | January 25, 2025 | Reelect Sundeep Bhutoria as Director | Director Elections | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | June 28, 2025 | Approve Appointment and Remuneration of Saurav Mitra as Director (Finance) & Chief Financial Officer | Compensation | Board | AGAINST | 5 | |
| PETRONET LNG LTD. | June 28, 2025 | Elect Sanjay Khanna as Nominee Director (BPCL) | Director Elections | Board | AGAINST | 5 | |
| PHICHEM CORP. | April 9, 2025 | Approve Credit Line Application and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| PHILIP MORRIS INTERNATIONAL INC. | May 7, 2025 | Election of Directors: Dessislava Temperley | Director Elections | Board | AGAINST | 5 | |
| PIA CORP. | June 21, 2025 | Elect Director Yanai, Hiroshi | Director Elections | Board | AGAINST | 5 | |
| PICK N PAY STORES LTD. | August 27, 2024 | Approve Implementation of the Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| PICK N PAY STORES LTD. | August 27, 2024 | Re-elect Mariam Cassim as Member of the Audit, Risk and Compliance Committee | Director Elections | Board | AGAINST | 5 | |
| PIESAT INFORMATION TECHNOLOGY CO. LTD. | February 13, 2025 | Approve Downward Adjustment on Conversion Price of Convertible Bonds | Capital Structure | Board | AGAINST | 5 | |
| PIESAT INFORMATION TECHNOLOGY CO. LTD. | May 20, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| PIOTECH INC. | May 20, 2025 | Approve Remuneration of Directors and Supervisors | Compensation | Board | AGAINST | 5 | |
| PIRAEUS PORT AUTHORITY SA | July 4, 2024 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 5 | |
| PIRAEUS PORT AUTHORITY SA | July 4, 2024 | Approve Director Remuneration for 2023 | Compensation | Board | AGAINST | 5 | |
| PIRAEUS PORT AUTHORITY SA | July 4, 2024 | Pre-approve Director Remuneration for 2024 | Compensation | Board | AGAINST | 5 | |
| PLAN B MEDIA PUBLIC COMPANY LTD. | April 29, 2025 | Approve Acquisition of All Shares in Hello Bangkok LED Company Limited (Hello LED) | Extraordinary Transactions | Board | AGAINST | 5 | |
| PLAN B MEDIA PUBLIC COMPANY LTD. | April 29, 2025 | Approve Increase in Registered Capital and Amend Memorandum of Association to Reflect Increase in Registered Capital | Capital Structure | Board | AGAINST | 5 | |
| PLAN B MEDIA PUBLIC COMPANY LTD. | April 29, 2025 | Approve Issuance and Offering of Newly Issued Ordinary Shares Through a Private Placement | Capital Structure | Board | AGAINST | 5 | |
| PLAN B MEDIA PUBLIC COMPANY LTD. | April 29, 2025 | Approve Reduction in Registered Capital and Amend Memorandum of Association to Reflect Reduction in Registered Capital | Capital Structure | Board | AGAINST | 5 | |
| PLAN B MEDIA PUBLIC COMPANY LTD. | April 29, 2025 | Elect Lap Shun Nelson Leung as Director | Director Elections | Board | AGAINST | 5 | |
| PLAYTECH PLC | December 19, 2024 | Approve Revised Remuneration Policy | Compensation | Board | AGAINST | 5 | |
| PLAYTECH PLC | December 19, 2024 | Approve Revised Rule 2.2 of the Restricted Share Plan 2024 | Compensation | Board | AGAINST | 5 | |
| PLAYTECH PLC | December 19, 2024 | Approve Transformation Plan | Compensation | Board | AGAINST | 5 | |
| PLAYTECH PLC | May 21, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| PMV PHARMACEUTICALS INC. | June 5, 2025 | Approval, on a non-binding advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 5 | |
| PNB HOUSING FINANCE LTD. | August 12, 2024 | Elect Neeraj Madan Vyas as Director | Director Elections | Board | AGAINST | 5 | |
| PNB HOUSING FINANCE LTD. | August 12, 2024 | Reelect Dilip Kumar Jain as Director | Director Elections | Board | AGAINST | 5 | |
| POLISAN HOLDING AS | April 28, 2025 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| POLISAN HOLDING AS | April 28, 2025 | Ratify External Auditors | Audit-related | Board | AGAINST | 5 | |
| POLY MEDICURE LTD. | August 3, 2024 | Approve Appointment and Remuneration of Dhruv Baid as Senior Manager, International Business Development | Compensation | Board | AGAINST | 5 | |
| POLYPLEX CORPORATION LTD. | September 23, 2024 | Approve Reappointment and Remuneration of Pranay Kothari as Whole Time Director designated as Executive Director | Compensation | Board | AGAINST | 5 | |
| POONAWALLA FINCORP LTD. | June 15, 2025 | Amend Employee Stock Option Plan - 2024 Scheme -II | Compensation | Board | AGAINST | 5 | |
| POONAWALLA FINCORP LTD. | June 15, 2025 | Approve Extension of Grant of Employee Stock Options to the Eligible Employees of Holding and Subsidiary Compay(ies) of the Company Under Employee Stock Option Plan - 2024 Scheme -II | Compensation | Board | AGAINST | 5 | |
| POONGSAN CORP. | March 21, 2025 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| PORTO SEGURO SA | March 28, 2025 | Approve Remuneration of Company's Management, Advisory Committee Members, and Fiscal Council | Compensation | Board | AGAINST | 5 | |
| POWER CONSTRUCTION CORPORATION OF CHINA LTD. | June 26, 2025 | Approve 2024 and 2025 Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| POWER CONSTRUCTION CORPORATION OF CHINA LTD. | June 26, 2025 | Approve 2024 and 2025 Remuneration of Supervisors | Compensation | Board | AGAINST | 5 | |
| POWER CONSTRUCTION CORPORATION OF CHINA LTD. | June 26, 2025 | Approve Continue to Authorize the Board of Directors to Make Decisions on the Issuance of Debt Financing Instruments | Capital Structure | Board | AGAINST | 5 | |
| POWER CONSTRUCTION CORPORATION OF CHINA LTD. | June 26, 2025 | Approve Guarantees Plan | Capital Structure | Board | AGAINST | 5 | |
| POWSZECHNY ZAKLAD UBEZPIECZEN SA | July 18, 2024 | Approve Remuneration Report | Compensation | Board | AGAINST | 5 | |
| POWSZECHNY ZAKLAD UBEZPIECZEN SA | July 18, 2024 | Elect Supervisory Board Member | Director Elections | Board | AGAINST | 5 | |
| POWSZECHNY ZAKLAD UBEZPIECZEN SA | July 18, 2024 | Recall Supervisory Board Member | Director Elections | Board | AGAINST | 5 | |
| PRAIRIE OPERATING CO. | June 4, 2025 | Approval of an amendment to the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan to increase the number of shares of the Company's common stock that the Company may issue under such plan from 7,500,000 shares to 15,000,000 shares | Compensation | Board | AGAINST | 5 | |
| PROMATE ELECTRONIC CO. LTD. | May 28, 2025 | Elect a Representative of CHUANG FONG INVESTMENT CO., LTD. with Shareholder No. 0000109, as Non-independent Director | Director Elections | Board | AGAINST | 5 | |
| PT ALAMTRI RESOURCES INDONESIA TBK | June 2, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT ASPIRASI HIDUP INDONESIA TBK | August 2, 2024 | Approve Decrease in the Issued and Paid-Up Capital | Capital Structure | Board | AGAINST | 5 | |
| PT BANK JAGO TBK | May 14, 2025 | Approve Management and Employee Stock Ownership Program (MESOP) | Compensation | Board | AGAINST | 5 | |
| PT BANK JAGO TBK | May 14, 2025 | Approve Management and Employee Stock Ownership Program (MESOP) II | Compensation | Board | AGAINST | 5 | |
| PT BANK NEO COMMERCE TBK | November 15, 2024 | Approve Plan to Adjust Maximum Share Ownership Limit | Capital Structure | Board | AGAINST | 5 | |
| PT BANK NEO COMMERCE TBK | May 27, 2025 | Approve Change in the Use of Proceeds from Limited Public Offering V (PUT V) with Pre-emptive Rights | Capital Structure | Board | AGAINST | 5 | |
| PT BANK NEO COMMERCE TBK | May 27, 2025 | Approve Change in the Use of Proceeds from Limited Public Offering VI (PUT VI) with Pre-emptive Rights | Capital Structure | Board | AGAINST | 5 | |
| PT BANK NEO COMMERCE TBK | May 27, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT BANK PAN INDONESIA TBK | June 26, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT BANK RAYA INDONESIA TBK | August 21, 2024 | Approve Share Repurchase Program and Transfer of Buyback Shares that are Held as Treasury Stock | Capital Structure | Board | AGAINST | 5 | |
| PT BANK TABUNGAN NEGARA (PERSERO) TBK | March 26, 2025 | Approve Acquisition of PT Bank Victoria Syariah Shares by the Company | Extraordinary Transactions | Board | AGAINST | 5 | |
| PT BANK TABUNGAN NEGARA (PERSERO) TBK | March 26, 2025 | Approve Proposed Amount of Plafond (Limit) of Absolute Write-Off | Extraordinary Transactions | Board | AGAINST | 5 | |
| PT BANK TABUNGAN NEGARA (PERSERO) TBK | March 26, 2025 | Approve Restructuring Plan for the Expansion of the Company's Sharia Business | Extraordinary Transactions | Board | AGAINST | 5 | |
| PT BARITO PACIFIC TBK | June 19, 2025 | Reelect Directors and Commissioners | Director Elections | Board | AGAINST | 5 | |
| PT BFI FINANCE INDONESIA TBK | May 8, 2025 | Approve Pledging of Assets for Debt | Capital Structure | Board | AGAINST | 5 | |
| PT BUKALAPAK.COM TBK | May 26, 2025 | Authorize Commissioners to Carry Out Additional Issued and Paid-Up Capital in the Context of the Management and Employee Stock Ownership Program (MESOP) I and II | Compensation | Board | AGAINST | 5 | |
| PT BUKIT ASAM TBK | June 12, 2025 | Approve Changes in the Bukit Asam Pension Fund's (Dana Pensiun Bukit Asam) | Compensation | Board | AGAINST | 5 | |
| PT BUMI RESOURCES MINERALS TBK | April 30, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 5 | |
| PT CHAROEN POKPHAND INDONESIA TBK | May 21, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 5 | |
| PT ELANG MAHKOTA TEKNOLOGI TBK | April 28, 2025 | Approve Management and Employee Stock Ownership Program (MESOP Program) | Compensation | Board | AGAINST | 5 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Amend Articles of Association | Capital Structure | Board | AGAINST | 5 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Approve Renewal of Delegation of Authority to Commissioners for Issuance of New Shares Based on the Share Ownership Program | Compensation | Board | AGAINST | 5 | |
| PT GOTO GOJEK TOKOPEDIA TBK | June 18, 2025 | Approve Transfer of Shares Resulting from the Buyback by Implementing the Share Ownership Program | Capital Structure | Board | AGAINST | 5 | |
| PT INDAH KIAT PULP & PAPER TBK | June 16, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT INDUSTRI JAMU DAN FARMASI SIDO MUNCUL TBK | May 2, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT JASA MARGA (PERSERO) TBK | September 18, 2024 | Approve Corporate Action of Equity Financing in PT Jasamarga Transjawa Tol | Extraordinary Transactions | Board | AGAINST | 5 | |
| PT JASA MARGA (PERSERO) TBK | May 7, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT KALBE FARMA TBK | May 22, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 5 | |
| PT KALBE FARMA TBK | May 22, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT MATAHARI DEPARTMENT STORE TBK | April 10, 2025 | Approve Reduction of Issued and Paid-Up Capital of the Company | Capital Structure | Board | AGAINST | 5 | |
| PT MEDIA NUSANTARA CITRA TBK | June 20, 2025 | Approve Changes to the Composition of the Company's Management | Director Elections | Board | AGAINST | 5 | |
| PT MERDEKA COPPER GOLD TBK | June 10, 2025 | Approve Amendment to the Transfer of Treasury Shares through the Company's Long-Term Incentive Program | Capital Structure | Board | AGAINST | 5 | |
| PT MNC DIGITAL ENTERTAINMENT TBK | June 20, 2025 | Approve Changes to the Composition of the Company's Management | Director Elections | Board | AGAINST | 5 | |
| PT PANIN FINANCIAL TBK | June 26, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 5 | |
| PT PERUSAHAAN GAS NEGARA TBK | May 28, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT PP LONDON SUMATRA INDONESIA TBK | June 19, 2025 | Approve Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 5 | |
| PT SEMEN INDONESIA (PERSERO) TBK | May 23, 2025 | Approve Auditors | Audit-related | Board | AGAINST | 5 | |
| PT SEMEN INDONESIA (PERSERO) TBK | May 23, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT SURYA CITRA MEDIA TBK | April 28, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT UNITED TRACTORS TBK | April 25, 2025 | Elect Directors and Commissioners | Director Elections | Board | AGAINST | 5 | |
| PT WASKITA KARYA (PERSERO) TBK | April 29, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 5 | |
| PT WASKITA KARYA (PERSERO) TBK | April 29, 2025 | Approve Pledging of Assets for Debt | Capital Structure | Board | AGAINST | 5 | |
| PTC INDIA LTD. | February 2, 2025 | Elect Rajneesh Agarwal as Director | Director Elections | Board | AGAINST | 5 | |
| PTC INDIA LTD. | April 9, 2025 | Elect Harish Saran as Director and Approve Appointment and Remuneration of Harish Saran as Whole Time Director designated as Director (Marketing) | Director Elections | Board | AGAINST | 5 | |
| PUBLIC POWER CORP. SA | June 25, 2025 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 5 | |
| PUBLIC POWER CORP. SA | June 25, 2025 | Approve Profit Sharing Plan | Compensation | Board | AGAINST | 5 | |
| PUNJAB NATIONAL BANK | June 27, 2025 | Approve Appointment of D Surendran as Executive Director | Compensation | Board | AGAINST | 5 | |
| PUNJAB NATIONAL BANK | June 27, 2025 | Approve Extension of Kalyan Kumar as Executive Director | Compensation | Board | AGAINST | 5 |
← Previous Page 44 of 61 Next →
← Back to Vanguard 2024-2025 overview
Built November 8, 2026 from SEC Form N-PX filings.