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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
SHIFT UP CORP. March 27, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SHIJIAZHUANG SHANGTAI TECHNOLOGY CO. LTD. December 19, 2024 Approve Application of Comprehensive Credit Lines and Guarantee Matters Capital Structure Board AGAINST 5
SHIMADAYA CORP. June 18, 2025 Elect Director Okada, Kenji Director Elections Board AGAINST 5
SHOFU INC. June 25, 2025 Elect Director Takami, Tetsuo Director Elections Board AGAINST 5
SHOPIFY INC. June 17, 2025 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 5
SHUANGLIANG ECO-ENERGY SYSTEMS CO. LTD. October 25, 2024 Approve Downward Adjustment of Conversion Price Capital Structure Board AGAINST 5
SHUANGLIANG ECO-ENERGY SYSTEMS CO. LTD. March 25, 2025 Approve Downward Revision of Conversion Price of Convertible Bonds Capital Structure Board AGAINST 5
SHUANGLIANG ECO-ENERGY SYSTEMS CO. LTD. May 22, 2025 Approve External Loan Capital Structure Board AGAINST 5
SHUFERSAL LTD. September 1, 2024 Reappoint Kesselman & Kesselman (PwC) as Auditors Audit-related Board AGAINST 5
SHUFERSAL LTD. November 3, 2024 Approve Employment Terms of Shlomo (Amar) Amir, Joint CEO Compensation Board AGAINST 5
SHUFERSAL LTD. November 3, 2024 Approve Employment Terms of Yosef (Amar) Amir, Joint CEO Compensation Board AGAINST 5
SICHUAN CHUANTOU ENERGY CO. LTD. May 20, 2025 Approve Report on the Financing Work of the Company's Headquarters Capital Structure Board AGAINST 5
SICHUAN HAITE HIGH-TECH CO. LTD. May 16, 2025 Approve Remuneration of Directors Compensation Board AGAINST 5
SICHUAN HONGDA CO. LTD. March 14, 2025 Approve Application of Credit Lines Capital Structure Board AGAINST 5
SICHUAN KELUN PHARMACEUTICAL CO. LTD. May 19, 2025 Approve Bill Pool Business Capital Structure Board AGAINST 5
SICHUAN KELUN PHARMACEUTICAL CO. LTD. May 19, 2025 Approve Issuance of Non-Financial Corporate Debt Financing Instruments Capital Structure Board AGAINST 5
SICHUAN NEW ENERGY POWER CO. LTD. May 28, 2025 Approve External Guarantee Capital Structure Board AGAINST 5
SICHUAN ROAD & BRIDGE CO. LTD. July 25, 2024 Approve Application for Unified Registration and Issuance of Multiple Debt Financing Instruments Capital Structure Board AGAINST 5
SICHUAN ROAD & BRIDGE CO. LTD. January 6, 2025 Approve Credit and Guarantee Plan Capital Structure Board AGAINST 5
SINENG ELECTRIC CO. LTD. May 20, 2025 Approve Application of Bank Credit Lines Capital Structure Board AGAINST 5
SINENG ELECTRIC CO. LTD. May 20, 2025 Approve Provision of Guarantee Capital Structure Board AGAINST 5
SINGER THAILAND PUBLIC COMPANY LTD. April 23, 2025 Elect Chan Itthithavorn as Director Director Elections Board AGAINST 5
SINGER THAILAND PUBLIC COMPANY LTD. April 23, 2025 Elect Prachachart Sirisawat as Director Director Elections Board AGAINST 5
SINGER THAILAND PUBLIC COMPANY LTD. April 23, 2025 Elect Preecha Prakobkit as Director Director Elections Board AGAINST 5
SINOCELLTECH GROUP LTD. May 16, 2025 Approve Credit Line Application and Provision of Guarantee Capital Structure Board AGAINST 5
SINOFIBERS TECHNOLOGY CO. LTD. May 7, 2025 Approve Remuneration of Non-External Directors and Supervisors Compensation Board AGAINST 5
SINOLINK SECURITIES CO. LTD. June 18, 2025 Approve Financial Assistance Provision Capital Structure Board AGAINST 5
SINOMINE RESOURCE GROUP CO. LTD. May 15, 2025 Approve External Guarantees Capital Structure Board AGAINST 5
SINOPEC ENGINEERING (GROUP) CO. LTD. May 9, 2025 Approve Cap for the Amount of Parent Guarantee Capital Structure Board AGAINST 5
SJOVA-ALMENNAR TRYGGINGAR HF March 13, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 5
SK DISCOVERY CO. LTD. March 26, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SKAGI HF March 27, 2025 Elect Member of Nominating Committee Director Elections 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
SKSHU PAINT CO. LTD. May 16, 2025 Approve Credit Line Application and Provision of Guarantee Capital Structure Board AGAINST 5
SKYVERSE TECHNOLOGY CO. LTD. June 27, 2025 Approve Application for Credit Loan Quotas from Relevant Financial Institutions Capital Structure 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
SLC AGRICOLA SA April 29, 2025 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Adriana Waltrick dos Santos as Independent Director Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Andre Souto Maior Pessoa as Independent Director Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Eduardo Silva Logemann as Director Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Fernando Castro Reinach as Independent Director Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Jorge Luiz Silva Logemann as Director Director Elections Board ABSTAIN 5
SLC AGRICOLA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Osvaldo Burgos Schirmer as Independent Director Director Elections Board ABSTAIN 5
SMART GUNES ENERJISI TEKNOLOJILERI ARASTIRMA GELISTIRME URETIM April 16, 2025 Approve Director Remuneration Compensation Board AGAINST 5
SNT MOTIV CO. LTD. February 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 5
SOCIETATEA ENERGETICA ELECTRICA SA April 29, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SOCIETATEA NATIONALA NUCLEARELECTRICA SA April 24, 2025 Approve Remuneration Report Compensation Board AGAINST 5
SOFTWARE SERVICE INC. January 24, 2025 Elect Director Otani, Akihiro Director Elections Board AGAINST 5
SOK MARKETLER TICARET AS April 24, 2025 Approve Director Remuneration Compensation Board AGAINST 5
SOL SPA May 14, 2025 Approve Remuneration Policy Compensation Board AGAINST 5
SOL SPA May 14, 2025 Approve Second Section of the Remuneration Report Compensation Board AGAINST 5
SONA BLW PRECISION FORGINGS LTD. February 28, 2025 Elect Vikram Verma Vadapalli as Director and Approve Appointment and Remuneration of Vikram Verma Vadapalli as Whole Time Director Director Elections Board AGAINST 5
SONATA SOFTWARE LTD. August 6, 2024 Reelect Shyam Bhupatirai Ghia as Director Director Elections 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
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of FY2025 Performance Rights to David Coyne Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of FY2025 Performance Rights to Deanna Carpenter Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of FY2025 Performance Rights to Mark Hine Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of FY2025 Performance Rights to Simon Lawson Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of LTIP Performance Rights to Deanna Carpenter Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Issuance of LTIP Performance Rights to Mark Hine Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Approve Remuneration Report Compensation Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Elect David Coyne as Director Director Elections Board AGAINST 5
SPARTAN RESOURCES LTD. November 7, 2024 Elect Deanna Carpenter as Director Director Elections Board AGAINST 5
SRI TRANG AGRO-INDUSTRY PUBLIC COMPANY LTD. April 9, 2025 Elect Kitichai Sincharoenkul as Director Director Elections Board AGAINST 5
STANDARD FOODS CORP. June 19, 2025 Elect JASON HSUAN, a Representative of MU TE INVESTMENT CO., LTD. with SHAREHOLDER NO.101183 as Non-independent Director Director Elections Board AGAINST 5
STANMORE RESOURCES LTD. May 21, 2025 Approve Remuneration Report Compensation Board AGAINST 5
STANMORE RESOURCES LTD. May 21, 2025 Elect Brett Garland as Director Director Elections Board AGAINST 5
STANMORE RESOURCES LTD. May 21, 2025 Elect Matthew Latimore as Director Director Elections Board AGAINST 5
STAR ENTERTAINMENT GROUP LTD. November 28, 2024 Approve Potential Retirement Benefits to Steve McCann Compensation Board AGAINST 5
STAR ENTERTAINMENT GROUP LTD. November 28, 2024 Approve Remuneration Report Compensation Board AGAINST 5
STERLITE TECHNOLOGIES LTD. July 29, 2024 Approve Payment of Remuneration to Ankit Agarwal as Managing Director Compensation Board AGAINST 5
STERLITE TECHNOLOGIES LTD. July 29, 2024 Approve Payment of Remuneration to Pravin Agarwal as Whole-Time Director Compensation Board AGAINST 5
STERLITE TECHNOLOGIES LTD. July 29, 2024 Reelect Pravin Agarwal as Director Director Elections Board AGAINST 5
STRAUSS GROUP LTD. November 5, 2024 Reappoint Somekh Chaikin (KPMG) as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 5
STRAUSS GROUP LTD. November 5, 2024 Reelect David Moshevitz as Director Director Elections Board AGAINST 5
STRAUSS GROUP LTD. March 27, 2025 Approve One-Time Grant to Shai Babad, CEO Compensation Board AGAINST 5
STRIDES PHARMA SCIENCE LTD. July 26, 2024 Approve Appointment and Remuneration of Aditya Arun Kumar as Executive Director - Business Development Compensation Board AGAINST 5
STRIDES PHARMA SCIENCE LTD. July 26, 2024 Approve Appointment and Remuneration of Badree Komandur as Managing Director and Group Chief Executive Officer Compensation Board AGAINST 5
STRIDES PHARMA SCIENCE LTD. September 10, 2024 Approve Scheme of Arrangement Extraordinary Transactions Board AGAINST 5
SUMITOMO CHEMICAL INDIA LTD. July 30, 2024 Approve Appointment and Remuneration of Suresh Ramachandran as Deputy Managing Director Compensation Board AGAINST 5
SUN ART RETAIL GROUP LTD. August 14, 2024 Elect Han Liu as Director Director Elections Board AGAINST 5
SUN ART RETAIL GROUP LTD. November 12, 2024 Amend Employee Trust Benefit Scheme and Approve Amended Auchan Scheme and Amended RT-Mart Scheme and Related Transactions Compensation Board AGAINST 5
SUN PHARMA ADVANCED RESEARCH COMPANY LTD. August 12, 2024 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 5
SUN TV NETWORK LTD. September 20, 2024 Reelect Shanmugasundaram Selvam as Director Director Elections Board AGAINST 5
SUNCORP June 24, 2025 Approve Trust-Type Equity Compensation Plan Compensation Board AGAINST 5
SUNCORP June 24, 2025 Elect Director Lisa Hammitt Director Elections Board AGAINST 5
SUNGROW POWER SUPPLY CO. LTD. May 28, 2025 Approve Issuing of Letter of Guarantee Capital Structure Board AGAINST 5
SUNGROW POWER SUPPLY CO. LTD. May 28, 2025 Approve Provision of Guarantees Capital Structure Board AGAINST 5
SUNTAK TECHNOLOGY CO. LTD. October 15, 2024 Approve New Credit Line and Estimated Guarantee Amount Capital Structure Board AGAINST 5
SUNTAK TECHNOLOGY CO. LTD. December 6, 2024 Approve Downward Adjustment of Conversion Price Capital Structure Board AGAINST 5
SUNWARD INTELLIGENT EQUIPMENT CO. LTD. May 20, 2025 Approve Proposal on Providing Guarantee Limits for Mortgage, Financial Leasing, Supply Chain Finance, Commercial Factoring and Buyer Credit Business Capital Structure Board AGAINST 5
SUPCON TECHNOLOGY CO. LTD. April 22, 2025 Approve Bill Pool Business Capital Structure Board AGAINST 5
SUPCON TECHNOLOGY CO. LTD. April 22, 2025 Approve Credit Line Application and Provision of Guarantee Capital Structure Board AGAINST 5
SUPRAJIT ENGINEERING LTD. March 16, 2025 Approve Increase in Borrowing Limits Capital Structure Board AGAINST 5
SUPRAJIT ENGINEERING LTD. March 16, 2025 Approve Loans, Guarantees, Securities and/or Investments in Other Body Corporate Capital Structure Board AGAINST 5
SUVEN PHARMACEUTICALS LTD. December 18, 2024 Elect Vivek Sharma as Director and Approve Appointment and Remuneration of Vivek Sharma as Executive Chairman Director Elections Board AGAINST 5
SUZHOU DONGSHAN PRECISION MANUFACTURING CO. LTD. May 16, 2025 Approve Remuneration of Directors and Senior Management Members Compensation Board AGAINST 5

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Built November 8, 2026 from SEC Form N-PX filings.