Home › Asset managers › Vanguard › 2025-2026 › Against the board
At least 6,029 proposals in the 2025-2026 proxy season: Vanguard voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 29 shareholder proposals, by its own Form N-PX filings.
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 |
|---|---|---|---|---|---|---|---|
| Guangdong Aofei Data Technology Co., Ltd. | June 15, 2026 | Approve to Acquire Equity of Controlled Subsidiary | Extraordinary Transactions | Board | AGAINST | 5 | |
| Guangdong Construction Engineering Group Co., Ltd. | May 8, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Create Century Intelligent Equipment Grp Corp., Ltd. | April 24, 2026 | Approve Financial Assistance Through Transfer of Equity in Subsidiary | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Dowstone Technology Co., Ltd. | May 7, 2026 | Approve Application of Bank Credit Lines and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | July 9, 2025 | Approve Provision of Guarantee to Joint Venture Company | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | August 11, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | November 27, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | December 29, 2025 | Approve Downward Adjustment on Conversion Price of Convertible Bonds | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | February 6, 2026 | Approve Downward Adjustment on Conversion Price of Convertible Bonds | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Great River Smarter Logistics Co., Ltd. | June 24, 2026 | Approve Application of Bank Credit Lines and Provision of Guarantee by the Company | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Li Man Bun, Brian David as Director | Director Elections | Board | AGAINST | 5 | |
| Guangdong Jia Yuan Technology Shares Co., Ltd. | September 16, 2025 | Approve Terms for Downward Adjustment of Conversion Price | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Mingyang Electric Co., Ltd. | May 21, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Shenglu Telecommunication Tech Co., Ltd. | July 24, 2025 | Amend Dividends Management System | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Tapai Group Co., Ltd. | December 25, 2025 | Approve Management Method of Employee Share Purchase Plan | Compensation | Board | AGAINST | 5 | |
| Guangdong Topstar Technology Co., Ltd. | February 25, 2026 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 5 | |
| Guangdong Zhongnan Iron & Steel Co., Ltd. | May 14, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 5 | |
| Guangxi LiuYao Group Co., Ltd. | May 20, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangxi Wuzhou Zhongheng Group Co., Ltd. | April 28, 2026 | Approve Credit Line Application and Credit Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangxi Yuegui Guangye Holdings Co., Ltd. | June 29, 2026 | Amend Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Guangzhou Baiyun International Airport Co., Ltd. | June 26, 2026 | Approve Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Guangzhou Guanggang Gases & Energy Co., Ltd. | May 29, 2026 | Approve Application of Credit Lines | Capital Structure | Board | AGAINST | 5 | |
| Guangzhou Kingmed Diagnostics Group Co., Ltd. | June 29, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| Guangzhou Tinci Materials Technology Co., Ltd. | March 31, 2026 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 5 | |
| Guangzhou Yuexiu Capital Holdings Group Co. Ltd. | December 18, 2025 | Approve Provision of Financial Assistance | Capital Structure | Board | AGAINST | 5 | |
| Guangzhou Yuexiu Capital Holdings Group Co. Ltd. | December 18, 2025 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guangzhou Yuexiu Capital Holdings Group Co. Ltd. | June 29, 2026 | Approve Provision of Financial Assistance | Capital Structure | Board | AGAINST | 5 | |
| Guangzhou Zhiguang Electric Co., Ltd. | May 6, 2026 | Approve 2025 and 2026 Allowance of Independent Directors | Compensation | Board | AGAINST | 5 | |
| Guangzhou Zhiguang Electric Co., Ltd. | May 6, 2026 | Approve 2025 and 2026 Remuneration of Non-independent Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Guangzhou Zhiguang Electric Co., Ltd. | May 6, 2026 | Approve Credit Line Application and Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guizhou Zhenhua E-chem Inc. | January 9, 2026 | Approve Total Loan Amount and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. | May 20, 2026 | Approve Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| Gujarat State Fertilizers & Chemicals Limited | September 24, 2025 | Reelect Gauri Kumar as Director | Director Elections | Board | AGAINST | 5 | |
| Gujarat State Fertilizers & Chemicals Limited | September 24, 2025 | Reelect Syed Jawaid Haider as Director | Director Elections | Board | AGAINST | 5 | |
| Gulermak Agir Sanayi Insaat ve Taahhut AS | June 2, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| Gulermak Agir Sanayi Insaat ve Taahhut AS | June 2, 2026 | Ratify External Auditors | Audit-related | Board | AGAINST | 5 | |
| Gulf Development Public Company Limited | April 10, 2026 | Elect Boonchai Thirati as Director | Director Elections | Board | AGAINST | 5 | |
| Gulf Development Public Company Limited | April 10, 2026 | Elect Yupapin Wangviwat as Director | Director Elections | Board | AGAINST | 5 | |
| GuoCheng Mining Co., Ltd. | February 27, 2026 | Approve Guarantee Amount | Capital Structure | Board | AGAINST | 5 | |
| Guoguang Electric Co., Ltd. | May 18, 2026 | Approve Provision of External Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guoguang Electric Co., Ltd. Chengdu | June 18, 2026 | Approve Remuneration Plan of Directors | Compensation | Board | AGAINST | 5 | |
| Guomai Technologies, Inc. | May 21, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Guotai Epoint Software Co., Ltd. | December 8, 2025 | Amend Governance Systems | Compensation | Board | AGAINST | 5 | |
| Gur-sel Turizm Tasimacilik ve Servis Ticaret AS | May 5, 2026 | Appoint Auditor for Sustainability Reporting | Audit-related | Board | AGAINST | 5 | |
| Gur-sel Turizm Tasimacilik ve Servis Ticaret AS | May 5, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 5 | |
| Gur-sel Turizm Tasimacilik ve Servis Ticaret AS | May 5, 2026 | Elect Directors | Director Elections | Board | AGAINST | 5 | |
| Gur-sel Turizm Tasimacilik ve Servis Ticaret AS | May 5, 2026 | Ratify External Auditors | Audit-related | Board | AGAINST | 5 | |
| HANKUK CARBON Co., Ltd. | March 27, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| HANKUK CARBON Co., Ltd. | March 27, 2026 | Authorize Board to Fix Remuneration of Internal Auditor(s) | Compensation | Board | AGAINST | 5 | |
| HANMI Semiconductor Co., Ltd. | March 20, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| HBIS Co., Ltd. | June 17, 2026 | Approve Issuance of Debt Financing Instrument | Capital Structure | Board | AGAINST | 5 | |
| HEARTLAND EXPRESS, INC. | May 14, 2026 | Elect Directors: B. Neville | Director Elections | Board | ABSTAIN | 5 | |
| HEARTLAND EXPRESS, INC. | May 14, 2026 | Elect Directors: D. Millis | Director Elections | Board | ABSTAIN | 5 | |
| HEARTLAND EXPRESS, INC. | May 14, 2026 | Elect Directors: J. Pratt | Director Elections | Board | ABSTAIN | 5 | |
| HEARTLAND EXPRESS, INC. | May 14, 2026 | Elect Directors: M. Gerdin | Director Elections | Board | ABSTAIN | 5 | |
| HEWLETT PACKARD ENTERPRISE COMPANY | April 1, 2026 | Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending October 31, 2026 | Audit-related | Board | AGAINST | 5 | |
| HEXPOL AB | May 4, 2026 | Reelect Alf Goransson as Board Chair | Director Elections | Board | AGAINST | 5 | |
| HEXPOL AB | May 4, 2026 | Reelect Alf Goransson, Kerstin Lindell, Malin Persson, Marta Schorling Andreen, Nils-Johan Andersson and Henrik Elmin as Directors; Elect Patrick Blanchard as New Director | Director Elections | Board | AGAINST | 5 | |
| HILTON GRAND VACATIONS INC. | May 6, 2026 | Ratify the appointment of Ernst & Young LLP as independent auditors of the Company for the 2026 fiscal year. | Audit-related | Board | AGAINST | 5 | |
| HOST HOTELS & RESORTS, INC. | May 20, 2026 | Election of Director: Gordon H. Smith | Director Elections | Board | AGAINST | 5 | |
| HOST HOTELS & RESORTS, INC. | May 20, 2026 | Election of Director: Mary L. Baglivo | Director Elections | Board | AGAINST | 5 | |
| HOST HOTELS & RESORTS, INC. | May 20, 2026 | Election of Director: Richard E. Marriott | Director Elections | Board | AGAINST | 5 | |
| HOST HOTELS & RESORTS, INC. | May 20, 2026 | Election of Director: Walter C. Rakowich | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Advisory vote to approve named executive officer compensation. | Compensation | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Curtis E. Espeland | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Cynthia L. Egan | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Daniele Ferrari | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: David B. Sewell | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Jan E. Tighe | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Jeanne McGovern | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Peter R. Huntsman | Director Elections | Board | AGAINST | 5 | |
| HUNTSMAN CORPORATION | April 29, 2026 | Election of Director: Sonia Dula | Director Elections | Board | AGAINST | 5 | |
| HYOSUNG Corp. | March 20, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| HYOSUNG Corp. | March 20, 2026 | Elect Cho Hyeon-jun as Inside Director | Director Elections | Board | AGAINST | 5 | |
| HYOSUNG Corp. | March 20, 2026 | Elect Yoo Il-ho as Outside Director | Director Elections | Board | AGAINST | 5 | |
| HYOSUNG Corp. | March 20, 2026 | Elect Yoo Il-ho as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 5 | |
| HYOSUNG Corp. | March 20, 2026 | Elect Yoo Il-ho as a Member of Audit Committee | Director Elections | Board | AGAINST | 5 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Cho Hyeong-jun as Inside Director | Director Elections | Board | AGAINST | 5 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Jeong Jae-ho as Inside Director | Director Elections | Board | AGAINST | 5 | |
| Hainan Development Holdings Nanhai Co., Ltd. | May 13, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Hainan Development Holdings Nanhai Co., Ltd. | May 13, 2026 | Approve to Change the System Name and Amend the Remuneration Management System for Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Hainan Drinda New Energy Technology Co., Ltd. | July 31, 2025 | Elect Xu Yong as Director | Director Elections | Board | AGAINST | 5 | |
| Hainan Drinda New Energy Technology Co., Ltd. | December 24, 2025 | Approve Application for Comprehensive Credit Facilities | Capital Structure | Board | AGAINST | 5 | |
| Hainan Haide Capital Management Co., Ltd. | May 19, 2026 | Approve External Guarantee Provision | Capital Structure | Board | AGAINST | 5 | |
| Hainan Jinpan Smart Technology Co., Ltd. | July 24, 2025 | Approve Allowance of Independent Directors | Compensation | Board | AGAINST | 5 | |
| Hainan Jinpan Smart Technology Co., Ltd. | February 12, 2026 | Amend Remuneration and Performance Appraisal Management Method for Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Hainan Jinpan Smart Technology Co., Ltd. | April 10, 2026 | Approve Comprehensive Credit Line Application | Capital Structure | Board | AGAINST | 5 | |
| Hainan Jinpan Smart Technology Co., Ltd. | April 10, 2026 | Approve the Remuneration and Allowance of Directors | Compensation | Board | AGAINST | 5 | |
| Hangcha Group Co., Ltd. | May 12, 2026 | Approve External Guarantees | Capital Structure | Board | AGAINST | 5 | |
| Hangjin Technology Co., Ltd. | May 19, 2026 | Approve Comprehensive Credit Line Plan | Capital Structure | Board | AGAINST | 5 | |
| Hangjin Technology Co., Ltd. | May 19, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Hangxiao Steel Structure Co., Ltd. | May 18, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Hangzhou Binjiang Real Estate Group Co., Ltd. | June 3, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Hangzhou DPtech Technologies Co., Ltd. | May 7, 2026 | Approve Authorization of the Board to Handle All Related Matters | Compensation | Board | AGAINST | 5 | |
| Hangzhou DPtech Technologies Co., Ltd. | May 7, 2026 | Approve Draft and Summary on Employee Share Purchase Plan | Compensation | Board | AGAINST | 5 | |
| Hangzhou DPtech Technologies Co., Ltd. | May 7, 2026 | Approve Management Measures for Employee Share Purchase Plan | Compensation | Board | AGAINST | 5 | |
| Hangzhou First Applied Material Co., Ltd. | April 29, 2026 | Approve 2026 Remuneration of Directors and Senior Management Members | Compensation | Board | AGAINST | 5 | |
| Hangzhou Haoyue Personal Care Co., Ltd. | May 26, 2026 | Approve Use of Idle Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 5 | |
| Hangzhou Honghua Digital Technology Stock Co., Ltd. | May 13, 2026 | Approve Provision of External Guarantees | Capital Structure | Board | AGAINST | 5 | |
| Hangzhou Lion Electronics Co., Ltd. | December 3, 2025 | Elect Wang Yuzhe as Non-independent Director | Director Elections | Board | AGAINST | 5 |
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Built November 8, 2026 from SEC Form N-PX filings.