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
6,029 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.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Vanguard voted | Funds |
|---|---|---|---|---|---|---|---|
| Hyosung TNC Corp. | March 19, 2026 | Elect Cho Hyeon-jun as Inside Director | Director Elections | Board | AGAINST | 6 | |
| Hyosung TNC Corp. | March 19, 2026 | Elect Lee Jae-woo as Outside Director to serve as an Audit Committee Member | Director Elections | Board | AGAINST | 6 | |
| Hyosung TNC Corp. | March 19, 2026 | Elect Yoo Cheol-gyu as Outside Director | Director Elections | Board | AGAINST | 6 | |
| Hyosung TNC Corp. | March 19, 2026 | Elect Yoo Cheol-gyu as a Member of Audit Committee | Director Elections | Board | AGAINST | 6 | |
| Hypera SA | April 27, 2026 | Approve Long-Term Incentive Plan | Compensation | Board | AGAINST | 6 | |
| Hypera SA | April 27, 2026 | Elect Adjarbas Guerra Neto as Fiscal Council Member and Everson Zaczuk Bassinelo as Alternate | Compensation | Board | ABSTAIN | 6 | |
| Hypera SA | April 27, 2026 | Elect Marcelo Curti as Fiscal Council Member and Edgard Massao Rafaelli as Alternate | Compensation | Board | ABSTAIN | 6 | |
| Hyundai G. F. Holdings Co., Ltd. | March 31, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Compensation of Christophe Satin, Vice-CEO | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Compensation of Eric Hemar, Chairman and CEO | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for One or More Specifically Designated Persons up to Aggregate Nominal Amount of EUR 1.6 Million | Capital Structure | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries up to Aggregate Nominal Amount of EUR 1.6 Million | Capital Structure | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to Aggregate Nominal Amount of EUR 1.6 Million | Capital Structure | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Issuance of Warrants (BSA, BSAANE, or BSAAR) without Preemptive Rights Reserved for Employees and/or Corporate Officers and Consultants, up to Aggregate Nominal Amount of EUR 370,000 | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Remuneration Policy of Chairman and CEO | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Approve Remuneration Policy of Vice-CEO | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 16-18 | Capital Structure | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Authorize up to 10 Percent of Issued Capital for Use in Stock Option Plans | Compensation | Board | AGAINST | 6 | |
| ID Logistics Group | June 3, 2026 | Authorize up to 15 Percent of Issued Capital for Use in Restricted Stock Plans | Compensation | Board | AGAINST | 6 | |
| IDP Education Limited | October 21, 2025 | Approve Conditional Spill Resolution | Compensation | Board | AGAINST | 6 | |
| IMAX China Holding, Inc. | June 11, 2026 | Elect Daniel Manwaring as Director | Director Elections | Board | AGAINST | 6 | |
| IMAX China Holding, Inc. | June 11, 2026 | Elect Janet Yang as Director | Director Elections | Board | AGAINST | 6 | |
| IMAX China Holding, Inc. | June 11, 2026 | Elect Yue-Sai Kan as Director | Director Elections | Board | AGAINST | 6 | |
| INNOSPEC INC. | May 8, 2026 | Election of Class I Director: Elizabeth K. Arnold | Director Elections | Board | WITHHOLD | 6 | |
| INNOVIVA, INC. | May 4, 2026 | Approval of the 2026 Equity Incentive Plan. | Compensation | Board | AGAINST | 6 | |
| INSPERITY, INC. | May 18, 2026 | Advisory vote to approve the Company's executive compensation ("Say on Pay") | Compensation | Board | AGAINST | 6 | |
| INSPERITY, INC. | May 18, 2026 | Election of Class I Director: Latha Ramchand | Director Elections | Board | AGAINST | 6 | |
| INVESCO LTD. | May 21, 2026 | Appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2026. | Audit-related | Board | AGAINST | 6 | |
| INVESCO LTD. | May 21, 2026 | Election of Director: G. Richard Wagoner, Jr. | Director Elections | Board | AGAINST | 6 | |
| INVESCO LTD. | May 21, 2026 | Election of Director: Phoebe A. Wood | Director Elections | Board | AGAINST | 6 | |
| INVESCO LTD. | May 21, 2026 | Election of Director: Sir Nigel Sheinwald | Director Elections | Board | AGAINST | 6 | |
| IPH Limited | November 20, 2025 | Approve the Spill Resolution | Compensation | Board | AGAINST | 6 | |
| IRB Infrastructure Developers Limited | March 23, 2026 | Approve Reappointment and Remuneration of Deepali V. Mhaiskar as Whole-time Director | Compensation | Board | AGAINST | 6 | |
| IRB Infrastructure Developers Limited | March 23, 2026 | Increase Authorized Share Capital and Amend Clause V of the Memorandum of Association | Capital Structure | Board | AGAINST | 6 | |
| ISU Specialty Chemical Co., Ltd. | March 27, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| ITRON, INC. | May 7, 2026 | Proposal to approve the advisory (non-binding) resolution relating to executive compensation. | Compensation | Board | AGAINST | 6 | |
| ITRON, INC. | May 7, 2026 | Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accountant for 2026. | Audit-related | Board | AGAINST | 6 | |
| Ichibanya Co., Ltd. | May 29, 2026 | Elect Director Kuzuhara, Mamoru | Director Elections | Board | AGAINST | 6 | |
| Ichikoh Industries Ltd. | March 26, 2026 | Elect Director Christophe Vilatte | Director Elections | Board | AGAINST | 6 | |
| Ichiyoshi Securities Co., Ltd. | June 20, 2026 | Elect Director Numata, Yuko | Director Elections | Board | AGAINST | 6 | |
| Ichiyoshi Securities Co., Ltd. | June 20, 2026 | Elect Director Takehi, Masashi | Director Elections | Board | AGAINST | 6 | |
| Idemitsu Kosan Co., Ltd. | June 24, 2026 | Appoint Statutory Auditor Onuma, Yoshitaka | Compensation | Board | AGAINST | 6 | |
| Iflytek Co., Ltd. | January 9, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 6 | |
| Iflytek Co., Ltd. | January 9, 2026 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 6 | |
| Iflytek Co., Ltd. | January 9, 2026 | Approve Management Measures for Employee Share Purchase Plan | Compensation | Board | AGAINST | 6 | |
| Ildong Pharmaceutical Co., Ltd. | March 26, 2026 | Authorize Board to Fix Remuneration of Internal Auditor(s) | Compensation | Board | AGAINST | 6 | |
| Ildong Pharmaceutical Co., Ltd. | March 26, 2026 | Elect Chae Hui-dong as Outside Director | Director Elections | Board | AGAINST | 6 | |
| Imerys SA | May 12, 2026 | Approve Remuneration Policy of CEO | Compensation | Board | AGAINST | 6 | |
| Imperial Hotel, Ltd. | June 23, 2026 | Appoint Statutory Auditor Kanazawa, Mutsuo | Compensation | Board | AGAINST | 6 | |
| Inaba Denkisangyo Co., Ltd. | June 26, 2026 | Elect Director Tamagaki, Masayuki | Director Elections | Board | AGAINST | 6 | |
| Indian Bank | January 9, 2026 | Approve Appointment of Mini T M as Executive Director | Compensation | Board | AGAINST | 6 | |
| Indian Bank | June 17, 2026 | Approve Reappointment of Ashutosh Choudhury as Executive Director | Compensation | Board | AGAINST | 6 | |
| Indian Oil Corporation Limited | August 30, 2025 | Approve Appointment of Suman Kumar as Director | Compensation | Board | AGAINST | 6 | |
| Indian Oil Corporation Limited | August 30, 2025 | Elect Alok Sharma as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Oil Corporation Limited | August 30, 2025 | Elect Esha Srivastava as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Oil Corporation Limited | August 30, 2025 | Reelect Anuj Jain as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Railway Catering and Tourism Corporation Limited | August 30, 2025 | Elect Manoj Kumar Sharma as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Railway Catering and Tourism Corporation Limited | August 30, 2025 | Elect Shivendra Shukla as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Railway Catering and Tourism Corporation Limited | August 30, 2025 | Elect Sudhir Kumar as Director | Director Elections | Board | AGAINST | 6 | |
| Indian Railway Catering and Tourism Corporation Limited | August 30, 2025 | Reelect Rahul Himalian as Director | Director Elections | Board | AGAINST | 6 | |
| Industrias Penoles SAB de CV | April 27, 2026 | Elect or Ratify Chair of Audit and Corporate Practices Committee | Director Elections | Board | AGAINST | 6 | |
| Industrias Penoles SAB de CV | April 27, 2026 | Elect or Ratify Directors; Verify Director's Independence Classification; Approve Their Respective Remuneration | Director Elections | Board | AGAINST | 6 | |
| Industrivarden AB | April 13, 2026 | Reelect Fredrik Lundberg as Board Chair | Director Elections | Board | AGAINST | 6 | |
| Industrivarden AB | April 13, 2026 | Reelect Fredrik Lundberg as Director | Director Elections | Board | AGAINST | 6 | |
| Industrivarden AB | April 13, 2026 | Reelect Lars Pettersson as Director | Director Elections | Board | AGAINST | 6 | |
| Inficon Holding AG | April 22, 2026 | Reappoint Lukas Winkler as Member of the Compensation and HR Committee | Director Elections | Board | AGAINST | 6 | |
| Inficon Holding AG | April 22, 2026 | Reelect Lukas Winkler as Director | Director Elections | Board | AGAINST | 6 | |
| Inficon Holding AG | April 22, 2026 | Reelect Vanessa Frey as Director | Director Elections | Board | AGAINST | 6 | |
| Inner Mongolia Junzheng Energy & Chemical Group Co., Ltd. | November 27, 2025 | Amend Dividend Return Plan | Capital Structure | Board | AGAINST | 6 | |
| Inner Mongolia Junzheng Energy & Chemical Group Co., Ltd. | November 27, 2025 | Approve Formulation of Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 6 | |
| Inner Mongolia Yili Industrial Group Co., Ltd. | May 20, 2026 | Approve Provision of Guarantee for Controlled Subsidiaries | Capital Structure | Board | AGAINST | 6 | |
| Inner Mongolia Yili Industrial Group Co., Ltd. | May 20, 2026 | Approve Provision of Guarantee for Hohhot Yixing Dairy Investment Management Co., Ltd. | Capital Structure | Board | AGAINST | 6 | |
| Innocean Worldwide, Inc. | March 18, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| Interconexion Electrica SA ESP | March 26, 2026 | Elect Directors | Director Elections | Board | AGAINST | 6 | |
| Interparfums | April 24, 2026 | Approve Compensation of Philippe Benacin, Chairman and CEO | Compensation | Board | AGAINST | 6 | |
| Interparfums | April 24, 2026 | Approve Remuneration Policy of Chairman and CEO and/or Executive Corporate Officers | Compensation | Board | AGAINST | 6 | |
| Interparfums | April 24, 2026 | Reelect Constance Benque as Director | Director Elections | Board | AGAINST | 6 | |
| Ipsen SA | May 13, 2026 | Approve Remuneration Policy of CEO and Executive Corporate Officers | Compensation | Board | AGAINST | 6 | |
| Iskenderun Demir ve Celik AS | March 26, 2026 | Appoint Auditor for Sustainability Reporting 2026 | Audit-related | Board | AGAINST | 6 | |
| Iskenderun Demir ve Celik AS | March 26, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 6 | |
| Iskenderun Demir ve Celik AS | March 26, 2026 | Ratify External Auditors | Audit-related | Board | AGAINST | 6 | |
| Israel Canada (T.R) Ltd. | January 21, 2026 | Reappoint Brightman Almagor Zohar & Co. as Auditors and Report on Fees Paid to Auditors | Audit-related | Board | AGAINST | 6 | |
| Italmobiliare SpA | April 22, 2026 | Approve Italmobiliare 2026-2028 Phantom Stock Grant Plan | Compensation | Board | AGAINST | 6 | |
| Italmobiliare SpA | April 22, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Italmobiliare SpA | April 22, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Alfredo Egydio Setubal as Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Ana Lucia de Mattos Barretto Villela as Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Candido Botelho Bracher as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Cesar Nivaldo Gon as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Fabricio Bloisi Rocha as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Joao Moreira Salles as Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Marcos Marinho Lutz as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Maria Helena dos Santos Fernandes de Santana as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Paulo Antunes Veras as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Itau Unibanco Holding SA | April 28, 2026 | Percentage of Votes to Be Assigned - Elect Pedro Luiz Bodin de Moraes as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| J-Oil Mills, Inc. | June 25, 2026 | Elect Director Haruyama, Yuichiro | Director Elections | Board | AGAINST | 6 | |
| J. FRONT RETAILING Co., Ltd. | May 28, 2026 | Elect Director Osawa, Eiko | Director Elections | Board | AGAINST | 6 | |
| J. FRONT RETAILING Co., Ltd. | May 28, 2026 | Elect Director Yoshikawa, Kiyoshi | Director Elections | Board | AGAINST | 6 |
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Built October 18, 2026 from SEC Form N-PX filings.