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Vanguard 2025-2026: where it broke with 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

6,029 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, 2025-2026 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
ELANCO ANIMAL HEALTH INCORPORATED May 21, 2026 Election of Class II Nominee: Lawrence Kurzius Director Elections Board AGAINST 6
ELANCO ANIMAL HEALTH INCORPORATED May 21, 2026 Election of Class II Nominee: Michael Harrington Director Elections Board AGAINST 6
ELANCO ANIMAL HEALTH INCORPORATED May 21, 2026 Ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2026. Audit-related Board AGAINST 6
EML Payments Limited November 19, 2025 Approve Grant of Long-Term Incentive Performance Rights to Anthony Hynes Compensation Board AGAINST 6
EML Payments Limited November 19, 2025 Approve Issuance of Equity Securities under the EML Payments Limited Rights Plan Compensation Board AGAINST 6
EML Payments Limited November 19, 2025 Approve Remuneration Report Compensation Board AGAINST 6
EMS-Chemie Holding AG August 9, 2025 Approve Remuneration of Executive Committee in the Amount of CHF 3.1 Million Compensation Board AGAINST 6
ENAV SpA May 14, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
ENF Technology Co., Ltd. March 24, 2026 Authorize Board to Fix Remuneration of Internal Auditor(s) Compensation Board AGAINST 6
ENGIE Brasil Energia SA December 19, 2025 Amend Articles 5 and 8 to Reflect Changes in Capital and Authorized Capital Respectively Capital Structure Board AGAINST 6
ENGIE Brasil Energia SA December 19, 2025 Approve Increase in Authorized Capital Capital Structure Board AGAINST 6
ENN Natural Gas Co., Ltd. December 26, 2025 Approve Guarantee Amount Capital Structure Board AGAINST 6
EO Technics Co., Ltd. March 31, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
EQUITY RESIDENTIAL June 18, 2026 Approval of Executive Compensation. Compensation Board AGAINST 6
ESLEAD CORP. June 25, 2026 Approve Director Retirement Bonus Compensation Board AGAINST 6
ESLEAD CORP. June 25, 2026 Elect Director Aramaki, Sugio Director Elections Board AGAINST 6
EVERTEC, INC. May 21, 2026 Election of Director: IvAin PagAin Director Elections Board AGAINST 6
EVI Industries, Inc. December 15, 2025 Approval of the EVI Industries, Inc. 2025 Equity Incentive Plan. Compensation Board AGAINST 6
EVT Limited October 24, 2025 Approve Spill Resolution Compensation Board AGAINST 6
Eagers Automotive Limited May 27, 2026 Elect Marcus John Birrell as Director Director Elections Board AGAINST 6
Ebro Foods SA June 3, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
Ebro Foods SA June 3, 2026 Reelect Elena Segura Quijada as Director Director Elections Board AGAINST 6
Eco World Development Group Berhad March 31, 2026 Approve Provision of Financial Assistance to Eco Business Park 8 Sdn. Bhd. Capital Structure Board AGAINST 6
Eco World Development Group Berhad June 15, 2026 Approve Provision of Financial Assistance to Eco Business Park 9 Sdn Bhd (EBP9SB) Capital Structure Board AGAINST 6
Eco World Development Group Berhad June 15, 2026 Approve Provision of Financial Assistance to Versione Node Sdn Bhd (VNSB) and Eco World (Macquarie) Pty Ltd (EMPL) Capital Structure Board AGAINST 6
Eco World Development Group Berhad June 15, 2026 Approve Provision of Financial Assistance to Versione Wknd Sdn Bhd (VWSB) Capital Structure Board AGAINST 6
Eczacibasi Yatirim Holding Ortakligi AS April 30, 2026 Elect Directors and Approve Their Remuneration Director Elections Board AGAINST 6
El.En. SpA April 29, 2026 Approve Remuneration Policy Compensation Board AGAINST 6
El.En. SpA April 29, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 6
Elecnor SA May 26, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
Elecnor SA May 26, 2026 Elect Carmen Morenes Giles as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Elect Marta Prado Aranguren as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Reelect Ignacio Maria Prado Rey-Baltar as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Reelect Irene Hernandez Alvarez as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Reelect Jaime Real de Asua Arteche as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Reelect Juan Ignacio Landecho Sarabia as Director Director Elections Board AGAINST 6
Elecnor SA May 26, 2026 Reelect Miguel Maria Cervera Earle as Director Director Elections Board AGAINST 6
Elkem ASA April 30, 2026 Reelect Marianne Elisabeth Johnsen as Director; Elect Helge Aasen, Christian Must, Astri Margrethe Hilde and Richard Olav Aa as New Directors Director Elections Board AGAINST 6
Ellaktor SA June 30, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
Ellaktor SA June 30, 2026 Approve Profit Distribution to Board Members and Company Personnel Compensation Board AGAINST 6
Elmos Semiconductor SE May 27, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Elmos Semiconductor SE May 27, 2026 Elect Guido Meyer to the Supervisory Board Director Elections Board AGAINST 6
Elmos Semiconductor SE May 27, 2026 Elect Tobias Weyer to the Supervisory Board Director Elections Board AGAINST 6
ElvalHalcor Hellenic Copper & Aluminium Industry SA May 11, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 6
ElvalHalcor Hellenic Copper & Aluminium Industry SA May 11, 2026 Elect Directors and Designate Independent Directors (Bundled) Director Elections Board AGAINST 6
Embracer Group AB September 18, 2025 Reelect Jacob Jonmyren as Director Director Elections Board AGAINST 6
Embracer Group AB September 18, 2025 Reelect Kicki Wallje-Lund as Director Director Elections Board AGAINST 6
Energiekontor AG July 2, 2025 Approve Remuneration Report Compensation Board AGAINST 6
Energiekontor AG May 27, 2026 Approve Remuneration Report Compensation Board AGAINST 6
Energy Services of America Corporation February 18, 2026 Election of Directors: Amy E. Abraham Director Elections Board WITHHOLD 6
Enghouse Systems Limited March 12, 2026 Advisory Vote on Executive Compensation Approach Compensation Board AGAINST 6
Enka Insaat ve Sanayi AS March 27, 2026 Amend Article 6 Re: Capital Related Capital Structure Board AGAINST 6
Enka Insaat ve Sanayi AS March 27, 2026 Elect Directors Director Elections Board AGAINST 6
Equasens June 25, 2026 Approve Compensation of Damien Valicon, Vice-CEO until June 2, 2025 Compensation Board AGAINST 6
Equasens June 25, 2026 Approve Compensation of Denis Supplisson, CEO Compensation Board AGAINST 6
Equasens June 25, 2026 Approve Compensation of Gregoire de Rotalier, Vice-CEO Compensation Board AGAINST 6
Equasens June 25, 2026 Approve Remuneration Policy of CEO Compensation Board AGAINST 6
Equasens June 25, 2026 Approve Remuneration Policy of Vice-CEOs Compensation Board AGAINST 6
Equasens June 25, 2026 Elect Celine Dargent as Director Director Elections Board AGAINST 6
Equasens June 25, 2026 Elect Francois-Pierre Marquier as Director Director Elections Board AGAINST 6
Equasens June 25, 2026 Elect Vincent Monestel as Director Director Elections Board AGAINST 6
Equasens June 25, 2026 Ratify Appointment of Sylvie Ortillon as Director Following Resignation of Emilie Lecomte Director Elections Board AGAINST 6
Equasens June 25, 2026 Reelect Francois Jacquel as Director Director Elections Board AGAINST 6
Equasens June 25, 2026 Reelect Gregoire De Rotalier as Director Director Elections Board AGAINST 6
Equasens June 25, 2026 Reelect LA COOPERATIVE WELCOOP as Director Director Elections Board AGAINST 6
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AS June 18, 2026 Approve Director Remuneration Compensation Board AGAINST 6
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AS June 18, 2026 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 6
Exxaro Resources Ltd. May 27, 2026 Approve Financial Assistance in Terms of Section 44 of the Companies Act Capital Structure Board AGAINST 6
Exxaro Resources Ltd. May 27, 2026 Approve Financial Assistance in Terms of Section 45 of the Companies Act Capital Structure Board AGAINST 6
Ezaki Glico Co., Ltd. March 24, 2026 Appoint Statutory Auditor Yoshida, Toshiaki Compensation Board AGAINST 6
FADU, Inc. March 26, 2026 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 6
FIT Hon Teng Limited May 26, 2026 Elect Lu Sung-Ching as Director Director Elections Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Approve the Company's Amended and Restated 2017 Stock Incentive Plan. Compensation Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Approve, by non-binding vote, the compensation paid to the Company's named executive officers for the 2025 fiscal year. Compensation Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Election of Director: Charles Young Director Elections Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Election of Director: Dwight James Director Elections Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Election of Director: Ryan Marshall Director Elections Board AGAINST 6
FLOOR & DECOR HOLDINGS, INC. May 6, 2026 Election of Director: William Giles Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: A. Ryals McMullian Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: James T. Spear Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: Margaret G. Lewis Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: Rhonda O. Gass Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: Thomas C. Chubb, III Director Elections Board AGAINST 6
FLOWERS FOODS, INC. May 29, 2026 Election of Director to Serve for One-Year Term: W. Jameson McFadden Director Elections Board AGAINST 6
FLSmidth & Co. A/S March 24, 2026 Reelect Rune Wichmann as Director Director Elections Board ABSTAIN 6
FORTUNE BRANDS INNOVATIONS, INC. May 5, 2026 Advisory vote to approve named executive officer compensation. Compensation Board AGAINST 6
FORTUNE BRANDS INNOVATIONS, INC. May 5, 2026 Election of Class III Director: Brendan M. Foley Director Elections Board AGAINST 6
FP Partner, Inc. February 27, 2026 Elect Director Kuroki, Tsutomu Director Elections Board AGAINST 6
FRESHPET, INC. June 10, 2026 Non-binding advisory vote to approve the compensation of the Company's named executive officers. Compensation Board AGAINST 6
Falabella SA March 17, 2026 Elect Directors Director Elections Board AGAINST 6
Faraday Future Intelligent Electric Inc. September 19, 2025 To approve an amendment to the Faraday Future Intelligent Electric Inc. Amended and Restated 2021 Stock Incentive Plan (the "2021 Plan") in order to increase the number of shares of Class A Common Stock available for issuance under the 2021 Plan by an additional 9,500,000 shares (the "Amended 2021 Plan Proposal"). Compensation Board AGAINST 6
Faraday Future Intelligent Electric Inc. May 22, 2026 To approve an amendment to the Faraday Future Intelligent Electric Inc. Amended and Restated 2021 Stock Incentive Plan (the "2021 Plan") in order to increase the number of shares of Class A Common Stock available for issuance under the 2021 Plan by an additional 50,492,075 shares (the "Incentive Plan Proposal"). Compensation Board AGAINST 6
Fibra MTY April 28, 2026 Elect and/or Ratify Guillermo Enrique Babatz Torres as Member of Technical Committee (Proposed by Nominations Committee) Director Elections Board AGAINST 6
Fibra Mty January 29, 2026 Update Original Terms and Conditions of Current Program for Placement of Real Estate Certificates (CBFIs) and Long-Term Debt Certificates Due to Increase in Total Authorized Amount of Program and Maximum Number of CBFIs that May Be Placed under it Capital Structure Board AGAINST 6
Fielmann Group AG July 10, 2025 Approve Management Board Remuneration Policy Compensation Board AGAINST 6
Fielmann Group AG July 10, 2025 Approve Remuneration Report Compensation Board AGAINST 6
Financiere de Tubize SA September 24, 2025 Approve Co-optation of Iris Low-Friedrich as Director Director Elections Board AGAINST 6
Finnair Oyj March 24, 2026 Approve Remuneration Report (Advisory Vote) Compensation Board AGAINST 6
First Bank of Toyama Ltd. June 23, 2026 Elect Director Nomura, Mitsuru Director Elections Board AGAINST 6
Flat Glass Group Co., Ltd. December 9, 2025 Amend Proceeds Management System Capital Structure Board AGAINST 6

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Built October 13, 2026 from SEC Form N-PX filings.