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 |
|---|---|---|---|---|---|---|---|
| JA Solar Technology Co., Ltd. | July 22, 2025 | Approve Downward Adjustment on Conversion Price of Convertible Bonds | Capital Structure | Board | AGAINST | 6 | |
| JA Solar Technology Co., Ltd. | December 8, 2025 | Approve Guarantee Amount | Capital Structure | Board | AGAINST | 6 | |
| JACCS Co., Ltd. | June 25, 2026 | Elect Director Murakami, Ryo | Director Elections | Board | AGAINST | 6 | |
| JANUS HENDERSON GROUP PLC | April 16, 2026 | To approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the merger. | Compensation | Board | AGAINST | 6 | |
| JCDecaux SE | May 13, 2026 | Approve Compensation Report of Corporate Officers | Compensation | Board | AGAINST | 6 | |
| JCDecaux SE | May 13, 2026 | Approve Compensation of Emmanuel Bastide, David Bourg and Daniel Hofer, Management Board Members | Compensation | Board | AGAINST | 6 | |
| JCDecaux SE | May 13, 2026 | Approve Issuance of Equity or Equity-Linked Securities Reserved for One or More Specifically Designated Persons, up to Aggregate Nominal Amount of EUR 1.9 Million | Capital Structure | Board | AGAINST | 6 | |
| JCDecaux SE | May 13, 2026 | Approve Remuneration Policy of Management Board Members | Compensation | Board | AGAINST | 6 | |
| JCDecaux SE | May 13, 2026 | Reelect Gerard Degonse as Supervisory Board Member | Director Elections | Board | AGAINST | 6 | |
| JCHX Mining Management Co., Ltd. | January 23, 2026 | Approve Management Measures for the Remuneration and Performance Evaluation of Directors and Senior Management | Compensation | Board | AGAINST | 6 | |
| JCHX Mining Management Co., Ltd. | January 23, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| JEJUAIR CO., LTD. | March 26, 2026 | Elect Jeong Seok as Non-Independent Non-Executive Director | Director Elections | Board | AGAINST | 6 | |
| JEJUAIR CO., LTD. | March 26, 2026 | Elect Kim I-bae as Inside Director | Director Elections | Board | AGAINST | 6 | |
| JEOL Ltd. | June 25, 2026 | Appoint Statutory Auditor Fukuyama, Koichi | Compensation | Board | AGAINST | 6 | |
| JP Holdings, Inc. | June 26, 2026 | Elect Director and Audit Committee Member Seki, Hakubun | Director Elections | Board | AGAINST | 6 | |
| JP Holdings, Inc. | June 26, 2026 | Elect Director and Audit Committee Member Sumimoto, Kazushi | Director Elections | Board | AGAINST | 6 | |
| JYP Entertainment Corp. | March 26, 2026 | Elect Gong Tae-yong as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 6 | |
| Japan Airport Terminal Co., Ltd. | June 25, 2026 | Elect Director Tanaka, Kazuhito | Director Elections | Board | AGAINST | 6 | |
| Jason Furniture (Hangzhou) Co., Ltd. | May 13, 2026 | Approve Extension of Authorization of the Board on Issuance of Shares to Specific Targets | Capital Structure | Board | AGAINST | 6 | |
| Jason Furniture (Hangzhou) Co., Ltd. | May 13, 2026 | Approve Extension of Resolution Validity Period of Issuance of Shares to Specific Targets | Capital Structure | Board | AGAINST | 6 | |
| Jason Furniture (Hangzhou) Co., Ltd. | May 13, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Jiangsu Linyang Energy Co., Ltd. | May 22, 2026 | Approve External Guarantee Plan | Capital Structure | Board | AGAINST | 6 | |
| Jiangsu Zhongtian Technology Co., Ltd. | December 16, 2025 | Approve Estimated Amount of External Guarantees | Capital Structure | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | August 21, 2025 | Approve Authorization of the General Meeting of Shareholders to the Board of Directors | Extraordinary Transactions | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | May 20, 2026 | Approve Authorization of the General Meeting of Shareholders to the Board of Directors | Extraordinary Transactions | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | May 20, 2026 | Approve Formulation of Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | May 20, 2026 | Approve Issuance of Capital Bonds | Capital Structure | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | May 20, 2026 | Approve Issuance of Financial Bonds | Capital Structure | Board | AGAINST | 6 | |
| Jiangsu Zijin Rural Commercial Bank Co. Ltd. | May 20, 2026 | Approve Remuneration of Supervisors | Compensation | Board | AGAINST | 6 | |
| Jinchuan Group International Resources Co. Ltd | June 26, 2026 | Elect Wang Qiangzhong as Director | Director Elections | Board | AGAINST | 6 | |
| Jindal Steel Limited | November 22, 2025 | Amend Jindal Steel & Power Employee Benefit Scheme - 2022 | Compensation | Board | AGAINST | 6 | |
| Jinko Solar Co., Ltd. | November 17, 2025 | Approve Downward Adjustment of Conversion Price | Capital Structure | Board | AGAINST | 6 | |
| Jinko Solar Co., Ltd. | December 29, 2025 | Approve Credit Line and Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Jointown Pharmaceutical Group Co., Ltd. | January 7, 2026 | Approve Application of Credit Lines and Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Jubilant Foodworks Limited | October 1, 2025 | Approve Grant of Stock Options to the Employees/Directors of Present and Future Unlisted Holding, and/or Unlisted Subsidiary Company(ies), in India and/or outside India, under JFL Employees Stock Option Scheme 2025 | Compensation | Board | AGAINST | 6 | |
| Jubilant Foodworks Limited | October 1, 2025 | Approve Implementation of the JFL Employees Stock Option Scheme 2025 through JFL Employees Welfare Trust | Compensation | Board | AGAINST | 6 | |
| Jubilant Foodworks Limited | October 1, 2025 | Approve JFL Employees Stock Option Scheme 2025 and Granting of Stock Options to the Employees of the Company under ESOP 2025 | Compensation | Board | AGAINST | 6 | |
| Jubilant Foodworks Limited | October 1, 2025 | Approve Provision of Money by the Company to JFL Employees Welfare Trust | Compensation | Board | AGAINST | 6 | |
| Jubilant Foodworks Limited | October 1, 2025 | Authorize JFL Employees Welfare Trust for Secondary Acquisition | Compensation | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reappoint Catherine Muehlemann as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reappoint Hanspeter Ruefenacht as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reappoint Thomas Ruoff as Member of the Compensation and Nomination Committee | Director Elections | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reelect Daniel Binder as Director | Director Elections | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reelect Hanspeter Ruefenacht as Director | Director Elections | Board | AGAINST | 6 | |
| Jungfraubahn Holding AG | May 11, 2026 | Reelect Thomas Ruoff as Director | Director Elections | Board | AGAINST | 6 | |
| Juroku Financial Group, Inc. | June 19, 2026 | Elect Director Ikeda, Naoki | Director Elections | Board | AGAINST | 6 | |
| Juventus Football Club SpA | November 7, 2025 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 6 | |
| KENKO Mayonnaise Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Miyazaki, Shunichi | Compensation | Board | AGAINST | 6 | |
| KEPCO Plant Service & Engineering Co. Ltd. | March 31, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| KEPCO Plant Service & Engineering Co. Ltd. | March 31, 2026 | Authorize Board to Fix Remuneration of Internal Auditor(s) | Compensation | Board | AGAINST | 6 | |
| KH Vatec Co. Ltd. | March 31, 2026 | Approve Total Remuneration of CEO | Compensation | Board | AGAINST | 6 | |
| KH Vatec Co. Ltd. | March 31, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| KINETIK HOLDINGS INC | May 19, 2026 | Elect Directors: D. Mark Leland | Director Elections | Board | ABSTAIN | 6 | |
| KINETIK HOLDINGS INC | May 19, 2026 | Elect Directors: Kevin S. McCarthy | Director Elections | Board | ABSTAIN | 6 | |
| KITZ Corp. | March 26, 2026 | Elect Director Hosoi, Yumiko | Director Elections | Board | AGAINST | 6 | |
| KITZ Corp. | March 26, 2026 | Elect Director Hotta, Yasuyuki | Director Elections | Board | AGAINST | 6 | |
| KNT-CT Holdings Co. Ltd. | June 16, 2026 | Appoint Alternate Statutory Auditor Kawai, Jun | Compensation | Board | AGAINST | 6 | |
| KNT-CT Holdings Co. Ltd. | June 16, 2026 | Appoint Statutory Auditor Ashida, Yoshihito | Compensation | Board | AGAINST | 6 | |
| KNT-CT Holdings Co. Ltd. | June 16, 2026 | Elect Director Yoneda, Akimasa | Director Elections | Board | AGAINST | 6 | |
| KOMATSU MATERE Co., Ltd. | June 24, 2026 | Elect Alternate Director and Audit Committee Member Yamamori, Kazuki | Director Elections | Board | AGAINST | 6 | |
| KPP Group Holdings Co., Ltd. | June 26, 2026 | Elect Director Tanabe, Madoka | Director Elections | Board | AGAINST | 6 | |
| KRAFTIA Corp. | June 25, 2026 | Elect Director and Audit Committee Member Kato, Takuji | Director Elections | Board | AGAINST | 6 | |
| KRAFTIA Corp. | June 25, 2026 | Elect Director and Audit Committee Member Soeda, Hidetoshi | Director Elections | Board | AGAINST | 6 | |
| KRAFTIA Corp. | June 25, 2026 | Elect Director and Audit Committee Member Yasukawa, Hitoshi | Director Elections | Board | AGAINST | 6 | |
| KRUK SA | May 26, 2026 | Elect Supervisory Board Members | Director Elections | Board | AGAINST | 6 | |
| KULR Technology Group, Inc. | November 21, 2025 | Election of Directors: Donna H. Grier | Director Elections | Board | WITHHOLD | 6 | |
| KULR Technology Group, Inc. | November 21, 2025 | Election of Directors: Joanna D. Massey | Director Elections | Board | WITHHOLD | 6 | |
| KWS SAAT SE & Co. KGaA | December 3, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| KYB Corp. | June 24, 2026 | Appoint Statutory Auditor Fujii, Atsushi | Compensation | Board | AGAINST | 6 | |
| KYB Corp. | June 24, 2026 | Appoint Statutory Auditor Hatano, Hiroyuki | Compensation | Board | AGAINST | 6 | |
| KYORIN Pharmaceutical Co., Ltd. | June 19, 2026 | Appoint Statutory Auditor Abe, Yutaka | Compensation | Board | AGAINST | 6 | |
| KYORIN Pharmaceutical Co., Ltd. | June 19, 2026 | Appoint Statutory Auditor Akutsu, Kenji | Compensation | Board | AGAINST | 6 | |
| KYORIN Pharmaceutical Co., Ltd. | June 19, 2026 | Appoint Statutory Auditor Hamada, Katsuhiro | Compensation | Board | AGAINST | 6 | |
| Kaga Electronics Co., Ltd. | June 25, 2026 | Elect Director Kado, Ryoichi | Director Elections | Board | AGAINST | 6 | |
| Kaken Pharmaceutical Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Ishiguro, Kazumori | Compensation | Board | AGAINST | 6 | |
| Kalyan Jewellers India Ltd. | December 14, 2025 | Amend Kalyan Jewellers India Limited-Employee Stock Option Plan 2020 | Compensation | Board | AGAINST | 6 | |
| Kanaden Corp. | June 23, 2026 | Appoint Alternate Statutory Auditor Satoi, Yoshinori | Compensation | Board | AGAINST | 6 | |
| Kanamoto Co., Ltd. | January 22, 2026 | Appoint Statutory Auditor Hashiguchi, Kazunori | Compensation | Board | AGAINST | 6 | |
| Kanamoto Co., Ltd. | January 22, 2026 | Elect Director Kanamoto, Tetsuo | Director Elections | Board | AGAINST | 6 | |
| Kandenko Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Nakamura, Naoki | Compensation | Board | AGAINST | 6 | |
| Kandenko Co., Ltd. | June 26, 2026 | Elect Director Tamogami, Hirofumi | Director Elections | Board | AGAINST | 6 | |
| Kanto Denka Kogyo Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Tanaka, Kimiaki | Compensation | Board | AGAINST | 6 | |
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS | April 10, 2026 | Amend Article 6 Re: Capital Related | Capital Structure | Board | AGAINST | 6 | |
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS | April 10, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 6 | |
| Katakura Industries Co., Ltd. | March 27, 2026 | Appoint Alternate Statutory Auditor Ozaki, Shinji | Compensation | Board | AGAINST | 6 | |
| Katakura Industries Co., Ltd. | March 27, 2026 | Elect Director Joko, Ryosuke | Director Elections | Board | AGAINST | 6 | |
| Kato Sangyo Co., Ltd. | December 19, 2025 | Appoint Statutory Auditor Kureta, Yuji | Compensation | Board | AGAINST | 6 | |
| Keda Industrial Group Co., Ltd. | August 26, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Keda Industrial Group Co., Ltd. | April 28, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Keda Industrial Group Co., Ltd. | June 26, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 6 | |
| Keio Corp. | June 25, 2026 | Elect Director and Audit Committee Member Ono, Masahiro | Director Elections | Board | AGAINST | 6 | |
| Keio Corp. | June 25, 2026 | Elect Director and Audit Committee Member Takekawa, Hiroshi | Director Elections | Board | AGAINST | 6 | |
| Keisei Electric Railway Co., Ltd. | June 26, 2026 | Appoint Statutory Auditor Sone, Makoto | Compensation | Board | AGAINST | 6 | |
| Kelsian Group Limited | October 30, 2025 | Approve Conditional Board Spill | Compensation | Board | AGAINST | 6 | |
| Kering SA | September 9, 2025 | Approve Remuneration Policy of Chairman of the Board for the 2025 Fiscal Year, from September 15 to December 31 | Compensation | Board | AGAINST | 6 | |
| Kewpie Corp. | February 26, 2026 | Appoint Statutory Auditor Isono, Yoshikazu | Compensation | Board | AGAINST | 6 | |
| Kinepolis Group NV | May 13, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Kinepolis Group NV | May 13, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 6 | |
| Kinepolis Group NV | May 13, 2026 | Approve Revised Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Kinepolis Group NV | May 13, 2026 | Reelect Lupus Asset Management BV, Permanently Represented by Jo De Wolf, as Independent Director | Director Elections | Board | AGAINST | 6 |
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Built October 25, 2026 from SEC Form N-PX filings.