Home › Asset managers › Vanguard › 2025-2026 › Against 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
6,037 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 |
|---|---|---|---|---|---|---|---|
| Bajaj Mobility AG | April 24, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Bajaj Mobility AG | April 24, 2026 | Reelect Srinivasan Ravikumar as Supervisory Board Member | Director Elections | Board | AGAINST | 6 | |
| Bakkt Holdings, Inc. | October 31, 2025 | To approve the Options Proposal. | Compensation | Board | AGAINST | 6 | |
| Balaji Amines Limited | August 8, 2025 | Approve Reappointment and Remuneration of A. Prathap Reddy as Executive Chairman | Compensation | Board | AGAINST | 6 | |
| Balaji Amines Limited | August 8, 2025 | Approve Reappointment and Remuneration of Ande Srinivas Reddy as Whole Time Director and CFO | Compensation | Board | AGAINST | 6 | |
| Balaji Amines Limited | August 8, 2025 | Approve Reappointment and Remuneration of Dundurapu Ram Reddy as Managing Director | Compensation | Board | AGAINST | 6 | |
| Balaji Amines Limited | August 8, 2025 | Approve Reappointment and Remuneration of Rajeshwar Reddy Nomula as Whole Time Director | Compensation | Board | AGAINST | 6 | |
| Balkrishna Industries Limited | January 22, 2026 | Approve Reappointment and Remuneration of Arvind Poddar as Chairman & Managing Director | Compensation | Board | AGAINST | 6 | |
| Banca IFIS SpA | April 16, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Banca IFIS SpA | April 16, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Approve Remuneration of Company's Management | Compensation | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Elect Andre Santos Esteves as Director | Director Elections | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Elect Joao Marcello Dantas Leite as Director | Director Elections | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Elect John Huw Gwili Jenkins as Director | Director Elections | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Elect Nelson Azevedo Jobim as Director | Director Elections | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Elect Roberto Balls Sallouti as Director | Director Elections | Board | AGAINST | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Andre Santos Esteves as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Eduardo Henrique de Mello Motta Loyo as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Guillermo Ortiz Martinez as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Joao Marcello Dantas Leite as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect John Huw Gwili Jenkins as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Maira Habimorad as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Mark Clifford Maletz as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Nelson Azevedo Jobim as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco BTG Pactual SA | April 30, 2026 | Percentage of Votes to Be Assigned - Elect Roberto Balls Sallouti as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Alexandre da Silva Gluher as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Denise Aguiar Alvarez as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Denise Pauli Pavarina as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Ivan Luiz Gontijo Junior as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Luiz Carlos Trabuco Cappi as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Mauricio Machado de Minas as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Roberto Simoes da Cunha as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Rogerio Caffarelli as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Regina Helena Jorge Nunes as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Rogerio Pedro Camara as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Bradesco SA | March 10, 2026 | Percentage of Votes to Be Assigned - Elect Rubens Aguiar Alvarez as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Santander (Brasil) SA | October 16, 2025 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Banco Santander (Brasil) SA | October 16, 2025 | Percentage of Votes to Be Assigned - Elect Gilson Finkelsztain as Director | Director Elections | Board | ABSTAIN | 6 | |
| Banco Santander (Brasil) SA | January 15, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Banco Santander (Brasil) SA | January 15, 2026 | Percentage of Votes to Be Assigned - Elect Antonio Carlos Quintella as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Bangkok Dusit Medical Services Public Co. Ltd. | April 9, 2026 | Elect Chuladej Yossundharakul as Director | Director Elections | Board | AGAINST | 6 | |
| Bank Handlowy w Warszawie SA | June 17, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Bank Hapoalim BM | August 21, 2025 | Elect Amira Sharon as Director | Director Elections | Board | ABSTAIN | 6 | |
| Bank Hapoalim BM | August 21, 2025 | Elect Claudio Yarza as External Director | Director Elections | Board | ABSTAIN | 6 | |
| Bank Hapoalim BM | August 21, 2025 | Elect Saul Gelbard as External Director as Defined in Directive 301 | Director Elections | Board | ABSTAIN | 6 | |
| Bank Leumi Le-Israel B.M. | September 15, 2025 | Elect Anat Peled as Other Director | Director Elections | Board | ABSTAIN | 6 | |
| Bank Leumi Le-Israel B.M. | September 15, 2025 | Elect Eyal Yaniv as External Director | Director Elections | Board | ABSTAIN | 6 | |
| Bank Millennium SA | March 30, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Bank of Jiangsu Co., Ltd. | June 26, 2026 | Approve Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 6 | |
| Bank of Jiangsu Co., Ltd. | June 26, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 6 | |
| Bank of Maharashtra | March 23, 2026 | Approve Appointment of Prabhat Kiran as Executive Director | Compensation | Board | AGAINST | 6 | |
| Bank of Shanghai Co., Ltd. | May 22, 2026 | Approve Shareholder Return Plan | Capital Structure | Board | AGAINST | 6 | |
| Banpu Public Company Limited | April 7, 2026 | Approve Pricewaterhouse Coopers ABAS Limited as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 6 | |
| Banpu Public Company Limited | April 7, 2026 | Elect Pichai Dusdeekulchai as Director | Director Elections | Board | AGAINST | 6 | |
| Banpu Public Company Limited | April 7, 2026 | Elect Watanan Petersik as Director | Director Elections | Board | AGAINST | 6 | |
| Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS | June 5, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 6 | |
| Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS | June 5, 2026 | Approve Share Capital Increase without Preemptive Rights | Capital Structure | Board | AGAINST | 6 | |
| Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS | June 5, 2026 | Elect Directors | Director Elections | Board | AGAINST | 6 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Appoint Auditor for Sustainability Reporting for 2024 and 2025 | Audit-related | Board | AGAINST | 6 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 6 | |
| Baticim Bati Anadolu Cimento Sanayii AS | June 3, 2026 | Elect Directors | Director Elections | Board | AGAINST | 6 | |
| Bavarian Nordic A/S | April 21, 2026 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 6 | |
| BayWa AG | August 26, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Becle SAB de CV | April 30, 2026 | Elect and/or Ratify Chair and Secretary of Audit and Corporate Practices Committee | Director Elections | Board | AGAINST | 6 | |
| Becle SAB de CV | April 30, 2026 | Elect and/or Ratify Directors, Secretary and CEO | Director Elections | Board | AGAINST | 6 | |
| Beiersdorf AG | April 23, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Beijer Ref AB | April 23, 2026 | Elect Per Bertland as Board Chair | Director Elections | Board | AGAINST | 6 | |
| Beijer Ref AB | April 23, 2026 | Reelect Albert Gustafsson as Director | Director Elections | Board | AGAINST | 6 | |
| Beijer Ref AB | April 23, 2026 | Reelect Per Bertland as Director | Director Elections | Board | AGAINST | 6 | |
| Beijing Capital Eco-Environment Protection Group Co., Ltd. | November 20, 2025 | Approve Provision of Loan | Capital Structure | Board | AGAINST | 6 | |
| Beijing Capital Eco-Environment Protection Group Co., Ltd. | May 29, 2026 | Approve Application of Non-financing Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Bell Food Group AG | April 22, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 6 | |
| Bell Food Group AG | April 22, 2026 | Reelect Joos Sutter as Board Chair | Director Elections | Board | AGAINST | 6 | |
| Bell Food Group AG | April 22, 2026 | Reelect Joos Sutter as Director | Director Elections | Board | AGAINST | 6 | |
| Benefit Systems SA | July 21, 2025 | Elect Supervisory Board Member | Director Elections | Board | AGAINST | 6 | |
| Benefit Systems SA | July 21, 2025 | Recall Supervisory Board Member | Director Elections | Board | AGAINST | 6 | |
| Benefit Systems SA | June 10, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Benefit Systems SA | June 10, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Beneteau SA | June 11, 2026 | Reelect Anne Leitzgen as Supervisory Board Member | Director Elections | Board | AGAINST | 6 | |
| Berner Kantonalbank AG | May 12, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Bezeq The Israeli Telecommunication Corp. Ltd. | April 13, 2026 | Elect Yael Andorn Karni as External Director and Approve Her Remuneration | Director Elections | Board | ABSTAIN | 6 | |
| Bharat Petroleum Corporation Limited | August 25, 2025 | Elect Asheesh Joshi as Director | Director Elections | Board | AGAINST | 6 | |
| Bharat Petroleum Corporation Limited | August 25, 2025 | Elect Subhankar Sen as Director | Director Elections | Board | AGAINST | 6 | |
| Bharat Petroleum Corporation Limited | August 25, 2025 | Reelect Rajkumar Dubey as Director | Director Elections | Board | AGAINST | 6 | |
| Bilia AB | April 29, 2026 | Reelect Anna Engebretsen as Director | Director Elections | Board | AGAINST | 6 | |
| Bilia AB | April 29, 2026 | Reelect Nicklas Paulson as Director | Director Elections | Board | AGAINST | 6 | |
| BioArctic AB | May 28, 2026 | Approve Remuneration Policy And Other Terms of Employment For Executive Management | Compensation | Board | AGAINST | 6 | |
| BioArctic AB | May 28, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Biocon Limited | December 31, 2025 | Approve Increase in Limits for the Loans and Investment under Section 186 of the Companies Act, 2013 | Capital Structure | Board | AGAINST | 6 | |
| Biocon Limited | June 7, 2026 | Approve Appointment and Remuneration of Shreehas Pradeep Tambe as Chief Executive Officer & Managing Director | Compensation | Board | AGAINST | 6 | |
| Biocon Limited | June 7, 2026 | Approve Revision in Remuneration of Kiran Mazumdar-Shaw as Executive Director Designated as Executive Chairperson | Compensation | Board | AGAINST | 6 | |
| Birkenstock Holding Plc | April 29, 2026 | Elect Director Ruth Kennedy | Director Elections | Board | AGAINST | 6 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reappoint Ziv Haft (BDO) as Auditors and Report on Fees Paid to the Auditors | Audit-related | Board | AGAINST | 6 | |
| Blue Square Real Estate Ltd. | June 18, 2026 | Reelect Oded Najar as Director | Director Elections | Board | AGAINST | 6 | |
| Bollore SE | May 27, 2026 | Approve Compensation Report | Compensation | Board | AGAINST | 6 | |
| Bollore SE | May 27, 2026 | Approve Compensation of Cyrille Bollore, Chairman and CEO | Compensation | Board | AGAINST | 6 | |
| Bollore SE | May 27, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 6 | |
| Borusan Yatirim ve Pazarlama AS | April 7, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 6 |
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Built October 12, 2026 from SEC Form N-PX filings.