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 |
|---|---|---|---|---|---|---|---|
| NIPPON RIETEC CO., LTD. | June 25, 2026 | Elect Alternate Director and Audit Committee Member Akeboshi, Hisao | Director Elections | Board | AGAINST | 6 | |
| NIPPON RIETEC CO., LTD. | June 25, 2026 | Elect Director and Audit Committee Member Jin, Sanae | Director Elections | Board | AGAINST | 6 | |
| NIPPON RIETEC CO., LTD. | June 25, 2026 | Elect Director and Audit Committee Member Kanai, Mutsumi | Director Elections | Board | AGAINST | 6 | |
| NMDC Group PJSC | March 5, 2026 | Approve Remuneration of Directors for FY 2025 | Compensation | Board | AGAINST | 6 | |
| NMDC Limited | August 28, 2025 | Elect Amitava Mukherjee as Director and Approve Appointment of Amitava Mukherjee as Chairman and Managing Director | Director Elections | Board | AGAINST | 6 | |
| NMDC Limited | August 28, 2025 | Elect Ashish Chatterjee as Director | Director Elections | Board | AGAINST | 6 | |
| NMDC Limited | August 28, 2025 | Elect Priyadarshini Gaddam as Director | Director Elections | Board | AGAINST | 6 | |
| NMDC Limited | August 28, 2025 | Reelect Vinay Kumar as Director | Director Elections | Board | AGAINST | 6 | |
| NMDC Limited | August 28, 2025 | Reelect Vishwanath Suresh as Director | Director Elections | Board | AGAINST | 6 | |
| NORFOLK SOUTHERN CORPORATION | November 14, 2025 | To approve, on a non-binding advisory basis, the compensation that may be paid or become payable to the named executive officers of Norfolk Southern in connection with the transactions contemplated by the merger agreement. | Compensation | Board | AGAINST | 6 | |
| NORTHERN OIL AND GAS, INC. | May 21, 2026 | Elect Directors: Bahram Akradi | Director Elections | Board | ABSTAIN | 6 | |
| NORTHERN OIL AND GAS, INC. | May 21, 2026 | Elect Directors: Lisa Bromiley | Director Elections | Board | ABSTAIN | 6 | |
| NORTHERN OIL AND GAS, INC. | May 21, 2026 | Elect Directors: Michael Frantz | Director Elections | Board | ABSTAIN | 6 | |
| NOS SGPS SA | April 22, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| NOVANTA INC. | May 28, 2026 | Approval, on an advisory (non-binding) basis, of the Company's executive compensation. | Compensation | Board | AGAINST | 6 | |
| NOVANTA INC. | May 28, 2026 | Election of Director: Darlene J.S. Solomon, Ph.D. | Director Elections | Board | WITHHOLD | 6 | |
| NOVONIX Limited | April 15, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Harima, Etsu | Director Elections | Board | AGAINST | 6 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Kitani, Yasuo | Director Elections | Board | AGAINST | 6 | |
| NTN Corp. (Osaka) | June 24, 2026 | Elect Director Ukai, Eiichi | Director Elections | Board | AGAINST | 6 | |
| NTPC Limited | August 29, 2025 | Reelect Anil Kumar Jadli as Director | Director Elections | Board | AGAINST | 6 | |
| NTPC Limited | August 29, 2025 | Reelect Jaikumar Srinivasan as Director | Director Elections | Board | AGAINST | 6 | |
| NTPC Limited | August 29, 2025 | Reelect Shivam Srivastava as Director | Director Elections | Board | AGAINST | 6 | |
| NVIDIA CORPORATION | June 24, 2026 | Ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2027. | Audit-related | Board | AGAINST | 6 | |
| Nabors Industries Ltd. | June 2, 2026 | Approval, on a non-binding, advisory basis, of the compensation paid by the Company to its named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 6 | |
| Nagaileben Co., Ltd. | November 20, 2025 | Elect Director Sawanobori, Ichiro | Director Elections | Board | AGAINST | 6 | |
| Nagoya Railroad Co., Ltd. | June 25, 2026 | Appoint Statutory Auditor Furuhashi, Yukinaga | Compensation | Board | AGAINST | 6 | |
| Nakanishi, Inc. | March 30, 2026 | Appoint Statutory Auditor Yazaki, Hironao | Compensation | Board | AGAINST | 6 | |
| Nanjing Iron & Steel Co., Ltd. | January 26, 2026 | Approve Application of Bank Credit Lines | Capital Structure | Board | AGAINST | 6 | |
| Nanjing Iron & Steel Co., Ltd. | January 26, 2026 | Approve Provision of Guarantees for Wholly-Owned and Controlled Subsidiaries | Capital Structure | Board | AGAINST | 6 | |
| Nanjing Securities Co., Ltd. | November 19, 2025 | Amend Performance Evaluation and Remuneration Management System for Directors, Supervisors and Senior Management Members | Compensation | Board | AGAINST | 6 | |
| Nankai Electric Railway Co., Ltd. | June 16, 2026 | Elect Director Achikita, Teruhiko | Director Elections | Board | AGAINST | 6 | |
| Nanofilm Technologies International Ltd. | April 29, 2026 | Approve Grant of Awards and Issuance of Shares Under the Nanofilm Restricted Share Plan | Compensation | Board | AGAINST | 6 | |
| Nanofilm Technologies International Ltd. | April 29, 2026 | Approve Grant of Options and Issuance of Shares Under the Nanofilm Employee Share Option Scheme 2020 | Compensation | Board | AGAINST | 6 | |
| Nanofilm Technologies International Ltd. | April 29, 2026 | Approve Issuance of Shares Under the Nanofilm Employee Share Option Scheme 2017 | Compensation | Board | AGAINST | 6 | |
| Naspers Ltd. | August 21, 2025 | Place Authorised but Unissued Shares under Control of Directors | Capital Structure | Board | AGAINST | 6 | |
| National Bank of Kuwait SAK | March 14, 2026 | Authorize Issuance of Bonds and Authorize the Board to Assign any Delegate to Take All the Necessary Procedures | Capital Structure | Board | AGAINST | 6 | |
| National Bank of Kuwait SAK | March 14, 2026 | Authorize Issuance of Loans, Guarantees and Facilities to Directors for FY 2026 | Compensation | Board | AGAINST | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Alessandro Giuseppe Carlucci as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Flavia Buarque de Almeida as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Gabriela Chaves Schwery Comazzetto as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Guilherme Ruggiero Passos as Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Joao Paulo Brotto Ferreira Goncalves as Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Luiz Francisco Guerra as Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Maria Eduarda Mascarenhas Kertesz as Independent Director | Director Elections | Board | ABSTAIN | 6 | |
| Natura Cosmeticos SA | April 29, 2026 | Percentage of Votes to Be Assigned - Elect Pedro Cruz Villares as Director | Director Elections | Board | ABSTAIN | 6 | |
| Naturgy Energy Group SA | March 24, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Naturgy Energy Group SA | March 24, 2026 | Ratify Appointment of and Elect Lars C. Bespolka as Director | Director Elections | Board | AGAINST | 6 | |
| Naturgy Energy Group SA | March 24, 2026 | Reelect Jaime Siles Fernandez Palacios as Director | Director Elections | Board | AGAINST | 6 | |
| Naturgy Energy Group SA | March 24, 2026 | Reelect Ramon Adell Ramon as Director | Director Elections | Board | AGAINST | 6 | |
| Neinor Homes SA | October 20, 2025 | Approve Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Approve Management Incentive Plan | Compensation | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Reelect Alfonso Rodes Vila as Director | Director Elections | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Reelect Anna M. Birules Bertran as Director | Director Elections | Board | AGAINST | 6 | |
| Neinor Homes SA | April 7, 2026 | Reelect Ricardo Marti Fluxa as Director | Director Elections | Board | AGAINST | 6 | |
| Netcompany Group A/S | March 5, 2026 | Approve Remuneration Report (Advisory Vote) | Compensation | Board | AGAINST | 6 | |
| Neuronetics, Inc. | May 28, 2026 | Approval of the Neuronetics, Inc. 2026 Equity Incentive Plan. | Compensation | Board | AGAINST | 6 | |
| Nexon Games Co., Ltd. | March 27, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 6 | |
| NextDC Ltd. | November 13, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| Nihon M&A Center Holdings Inc. | June 25, 2026 | Approve Trust-Type Equity Compensation Plan | Compensation | Board | AGAINST | 6 | |
| Nine Entertainment Co. Holdings Limited | November 7, 2025 | Approve Conditional Board Spill Resolution | Compensation | Board | AGAINST | 6 | |
| Nippon Beet Sugar Manufacturing Co., Ltd. | June 26, 2026 | Elect Director Ishikuri, Shu | Director Elections | Board | AGAINST | 6 | |
| Nippon Denko Co., Ltd. | March 27, 2026 | Elect Director Aoki, Yasushi | Director Elections | Board | AGAINST | 6 | |
| Nippon Densetsu Kogyo Co., Ltd. | June 26, 2026 | Elect Director Yasuda, Kazushige | Director Elections | Board | AGAINST | 6 | |
| Nippon Light Metal Holdings Co., Ltd. | June 23, 2026 | Appoint Statutory Auditor Takahashi, Haruhiko | Compensation | Board | AGAINST | 6 | |
| Nippon Sharyo, Ltd. | June 26, 2026 | Elect Director Tanaka, Mamoru | Director Elections | Board | AGAINST | 6 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Appoint Alternate Statutory Auditor Negishi, Toyoaki | Compensation | Board | AGAINST | 6 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Appoint Statutory Auditor Kitamura, Shigeru | Compensation | Board | AGAINST | 6 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Appoint Statutory Auditor Yokota, Masayuki | Compensation | Board | AGAINST | 6 | |
| Nippon Television Holdings, Inc. | June 26, 2026 | Elect Director Komoda, Masanobu | Director Elections | Board | AGAINST | 6 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director Hayashida, Koichi | Director Elections | Board | AGAINST | 6 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Matsuoka, Kyoko | Director Elections | Board | AGAINST | 6 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Nagasao, Tetsuya | Director Elections | Board | AGAINST | 6 | |
| Nishi-Nippon Railroad Co., Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Shibato, Takashige | Director Elections | Board | AGAINST | 6 | |
| Nishio Holdings Co., Ltd. | December 19, 2025 | Appoint Statutory Auditor Masuda, Yutaka | Compensation | Board | AGAINST | 6 | |
| Nishio Holdings Co., Ltd. | December 19, 2025 | Appoint Statutory Auditor Morita, Koichi | Compensation | Board | AGAINST | 6 | |
| Nissei ASB Machine Co., Ltd. | December 17, 2025 | Appoint Statutory Auditor Iwamoto, Hiroaki | Compensation | Board | AGAINST | 6 | |
| Nissha Co., Ltd. | March 24, 2026 | Appoint Statutory Auditor Imai, Kenji | Compensation | Board | AGAINST | 6 | |
| Nissin Foods Holdings Co., Ltd. | June 25, 2026 | Appoint Statutory Auditor Ijichi, Toshihiko | Compensation | Board | AGAINST | 6 | |
| Nissin Foods Holdings Co., Ltd. | June 25, 2026 | Appoint Statutory Auditor Sawai, Masahiko | Compensation | Board | AGAINST | 6 | |
| Nissui Corp. | June 25, 2026 | Elect Director Tanaka, Teru | Director Elections | Board | AGAINST | 6 | |
| Nitta Corp. | June 25, 2026 | Elect Director Kitamura, Seiichi | Director Elections | Board | AGAINST | 6 | |
| Nohmi Bosai Ltd. | June 26, 2026 | Elect Director Hasegawa, Masahiro | Director Elections | Board | AGAINST | 6 | |
| Nohmi Bosai Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Abe, Michio | Director Elections | Board | AGAINST | 6 | |
| Nohmi Bosai Ltd. | June 26, 2026 | Elect Director and Audit Committee Member Fujii, Hiroyuki | Director Elections | Board | AGAINST | 6 | |
| Nomura Micro Science Co., Ltd. | June 24, 2026 | Approve Director Retirement Bonus | Compensation | Board | AGAINST | 6 | |
| Norwegian Air Shuttle ASA | May 6, 2026 | Approve Remuneration Statement | Compensation | Board | AGAINST | 6 | |
| NovaGold Resources Inc. | May 14, 2026 | Approval of Non-Binding Advisory Vote on Executive Compensation To consider and, if deemed advisable, pass a non-binding resolution approving the compensation of the Company's Named Executive Officers. | Say-on-Pay | Board | AGAINST | 6 | |
| OC Oerlikon Corp. AG | March 24, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 6 | |
| OCI NV | January 22, 2026 | Approve the Combination | Extraordinary Transactions | Board | AGAINST | 6 | |
| OFILM Group Co., Ltd. | December 29, 2025 | Approve Acquisition of Equity and Related Party Transaction | Extraordinary Transactions | Board | AGAINST | 6 | |
| OKTA, INC. | June 18, 2026 | To approve an amendment to our 2017 Equity Incentive Plan. | Compensation | Board | AGAINST | 6 | |
| OLIN CORPORATION | April 30, 2026 | Advisory vote to approve named executive officer compensation. | Compensation | Board | AGAINST | 6 | |
| OLIN CORPORATION | April 30, 2026 | Ratification of the appointment of independent registered public accounting firm. | Audit-related | Board | AGAINST | 6 | |
| OMNIAB, INC. | June 17, 2026 | Election of Director: Jennifer Cochran, Ph.D. | Director Elections | Board | WITHHOLD | 6 | |
| OMNIAB, INC. | June 17, 2026 | Election of Director: Matthew W. Foehr | Director Elections | Board | WITHHOLD | 6 | |
| OMNICOM GROUP INC. | May 5, 2026 | Ratification of the appointment of KPMG LLP as the Company's independent auditors for the 2026 fiscal year. | Audit-related | Board | AGAINST | 6 |
← Previous Page 32 of 61 Next →
← Back to Vanguard 2025-2026 overview
Built November 7, 2026 from SEC Form N-PX filings.