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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
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Faris Al Babteen as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Fawaz Al Omran as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Faysal Al Qurayshi as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Ibraheem Al Daghreer as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Imad Al Shareea as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Jameel Al Mulhim as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Khalid Al Harbi as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Mahmoud Al Toukhi as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Majid Al Jabr as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Mohammed Qassab as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Musaid Al Anzi as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Raad Al Qahtani as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Raed Al Khalaf as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Salih Al Saleem as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Sami Al Babteen as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Sattam Al Zamil as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Tariq Al Taheeni as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Usamah Al Surouj as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Waleed Al Shahrani as Director Director Elections Board ABSTAIN 4
ELECTRICAL INDUSTRIES CO. December 4, 2024 Elect Yousif Al Qurayshi as Director Director Elections Board ABSTAIN 4
EMERALD HOLDING INC. May 21, 2025 Election of Class II Directors: Konstantin (Kosty) Gilis Director Elections Board WITHHOLD 4
ENERGISA 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 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Armando de Azevedo Henriques as Independent Director Director Elections Board ABSTAIN 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Jose Antonio de Almeida Filippo as Independent Director Director Elections Board ABSTAIN 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Luciana de Oliveira Cezar Coelho as Independent Director Director Elections Board ABSTAIN 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Omar Carneiro da Cunha Sobrinho as Director Director Elections Board ABSTAIN 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Ricardo Perez Botelho as Director Director Elections Board ABSTAIN 4
ENERGISA SA April 29, 2025 Percentage of Votes to Be Assigned - Elect Rogerio Sekeff Zampronha as Independent Director Director Elections Board ABSTAIN 4
ENERGY SERVICES OF AMERICA CORP. February 19, 2025 Election of Directors: Amy E. Abraham Director Elections Board WITHHOLD 4
ENGINEERS INDIA LTD. September 11, 2024 Reelect Rajeev Gupta as Director Director Elections Board AGAINST 4
EQUATORIAL SA April 30, 2025 Approve Remuneration of Company's Management and Fiscal Council Compensation Board AGAINST 4
EQUINOR ASA May 14, 2025 Remuneration Report Compensation Board AGAINST 4
EQUITAL LTD. December 31, 2024 Appoint Somekh Chaikin as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 4
ERCIYAS CELIK BORU SANAYI AS July 18, 2024 Approve Director Remuneration Compensation Board AGAINST 4
ESPRESSIF SYSTEMS (SHANGHAI) CO. LTD. November 25, 2024 Approve Remuneration of Directors, Supervisors Compensation Board AGAINST 4
ESTEE LAUDER COMPANIES INC. November 8, 2024 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. July 15, 2024 Approve Provision of Guarantee for Beijing Yijia Yongsheng E-Commerce Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. August 12, 2024 Approve Provision of Guarantee to Shenzhen Anxinyuan Trading Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. August 12, 2024 Approve Provision of Guarantee to Yitong Energy (Shenzhen) Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. August 12, 2024 Approve Provision of Guarantee to Yitong Energy (Shenzhen) Co., Ltd. for Loans from China Bohai Bank Co., Ltd. Shenzhen Branch Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. October 14, 2024 Approve Comprehensive Credit Line Application of Subsidiary and Provision of Guarantee by Company Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. October 14, 2024 Approve Payment of Guarantee for Shenzhen Zhuoyou Data Technology Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. December 9, 2024 Approve Guarantee Application Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. December 30, 2024 Approve Credit Line Application by Controlled Subsidiary and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. December 30, 2024 Approve Credit Line Application by Hong Kong Subsidiary and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. December 30, 2024 Approve Provision of Guarantee to Associate Company Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. January 17, 2025 Approve Credit Line Application and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. February 10, 2025 Approve Credit Line Application by Beijing Zhuoyou Cloud Intelligence Technology Co., Ltd. and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. February 10, 2025 Approve Provision of Guarantee to Yitong New Materials Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. March 17, 2025 Approve Credit Line Application by Shenzhen Pharmaceutical Holdings (Jiangsu) Co., Ltd. from Bank of Nanjing Co., Ltd. and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. March 17, 2025 Approve Credit Line Application by Yitong Energy (Shenzhen) Co., Ltd. and Provision of Guarantee Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. March 17, 2025 Approve Provision of Guarantee to Hainan Yiguitong Supply Chain Management Co., Ltd. Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. April 14, 2025 Approve Credit Line Application and Provision of Guarantee to Controlled Subsidiary Capital Structure Board AGAINST 4
ETERNAL ASIA SUPPLY CHAIN MANAGEMENT LTD. May 14, 2025 Approve Provision of Guarantee for Associate Company Capital Structure Board AGAINST 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Abdulkareem Al Nafea as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Abdullah Al Nafeei as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Abdulwahab Abou Kweek as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Ahmed Abou Doumah as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Ahmed Al Baqaawi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Ahmed Al Baqshi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Al Moutasim Allam as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Deena Al Mansouri as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Fahd Al Issa as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Farhan Al Bouayneen as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Faysal Al Otheem as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Hathal Al Oteebi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Hatim Duweedar as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Humoud Al Tuweejri as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Khalid Al Ghuneem as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Khalifah Al Shamsi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Majid Al Suweegh as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mansour Al Mansour as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Al Aflaliq as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Al Katheeri as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Al Qarni as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Al Qurayshah as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Banees as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Mohammed Qassab as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Muataz Al Azzawi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Musaid Al Anzi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Nabeel Al Amoudi as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Raed Al Khalaf as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Saad Al Haqeel as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Salih Al Khalaf as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Salih Al Namlah as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Salih Al Saleem as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Sami Al Babteen as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Sulayman Al Omeeri as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Thamir Al Wadee as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Wael Al Bassam as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. November 28, 2024 Elect Ziyad Al Khuweetir as Director Director Elections Board ABSTAIN 4
ETIHAD ETISALAT CO. May 22, 2025 Approve Remuneration of Directors of SAR 8,490,164 for FY 2024 Compensation Board AGAINST 4
EUROBANK ERGASIAS SERVICES & HOLDINGS SA July 23, 2024 Advisory Vote on Remuneration Report Compensation Board AGAINST 4
EUROBANK ERGASIAS SERVICES & HOLDINGS SA July 23, 2024 Approve Remuneration Policy Compensation Board AGAINST 4
EUROBANK ERGASIAS SERVICES & HOLDINGS SA July 23, 2024 Elect Alice Gregoriadi as Independent Non-Executive Director Director Elections Board AGAINST 4
EUROBANK ERGASIAS SERVICES & HOLDINGS SA July 23, 2024 Elect Cinzia Basile as Independent Non-Executive Director Director Elections Board AGAINST 4
EUROBANK ERGASIAS SERVICES & HOLDINGS SA July 23, 2024 Elect Jawaid Mirza Martin as Independent Non-Executive Director Director Elections Board AGAINST 4
EUROPEN ENDUSTRI INSAAT SANAYI VE TICARET AS June 3, 2025 Approve Director Remuneration Compensation Board AGAINST 4
EUROPEN ENDUSTRI INSAAT SANAYI VE TICARET AS June 3, 2025 Approve Remuneration Policy and Director Remuneration Paid in 2024 Compensation Board AGAINST 4
EUROPOWER ENERJI VE OTOMASYON TEKNOLOJILERI SANAYI TICARET AS July 25, 2024 Approve Director Remuneration Compensation Board AGAINST 4

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