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Victory Capital 2025-2026: where it broke with the board

3,919 proposals in the 2025-2026 proxy season: Victory Capital voted against, or withheld its votes from, 3,903 proposals put forward by company boards, and voted for 16 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Victory Capital 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

3,919 proposals.

Victory Capital, 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 recommendedVictory Capital votedFunds
Komercni banka as April 23, 2026 Elect Pierre Villeroy de Galhau as Audit Committee Member Director Elections Board AGAINST 1
Komercni banka as April 23, 2026 Elect Pierre Villeroy de Galhau as Supervisory Board Member Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Approve Issuance of Shares and Options without Preemptive Rights Capital Structure Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Antti Herlin as Director Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Jussi Herlin as Director Director Elections Board AGAINST 1
Kone Oyj March 5, 2026 Reelect Matti Alahuhta as Director Director Elections Board AGAINST 1
Korea Electric Power Corp. April 27, 2026 Elect Kim Jae-gun as Inside Director Director Elections Board AGAINST 1
Korea Electric Power Corp. May 21, 2026 Elect Kim Tae-ock as Inside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 1
Korea Electric Power Corp. June 17, 2026 Elect Baek Woo-gi as Inside Director Director Elections Board AGAINST 1
Korea Electric Power Corp. June 17, 2026 Elect Jeon Chan-hyeok as Inside Director Director Elections Board AGAINST 1
Kornit Digital Ltd. September 15, 2025 Reelect Dov Ofer as Director Director Elections Board AGAINST 1
Krispy Kreme, Inc. June 10, 2026 To approve the Amendment and Restatement of the Krispy Kreme, Inc. 2021 Omnibus Incentive Plan; Compensation Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration Report (Non-Binding) Compensation Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Approve Remuneration of Executive Committee in the Amount of CHF 30 Million Compensation Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Reelect Dominik de Daniel as Director Director Elections Board AGAINST 1
Kuehne + Nagel International AG May 6, 2026 Reelect Karl Gernandt as Director Director Elections Board AGAINST 1
Kura Oncology, Inc. June 4, 2026 Approval of an amendment to our Amended and Restated 2014 Equity Incentive Plan. Compensation Board AGAINST 1
Kura Oncology, Inc. June 4, 2026 Election of three Class III directors for three-year terms: Diane Parks Director Elections Board WITHHOLD 1
Kura Oncology, Inc. June 4, 2026 Election of three Class III directors for three-year terms: Mary T. Szela Director Elections Board WITHHOLD 1
Kyocera Corp. June 25, 2026 Elect Director Sakushima, Shiro Director Elections Board AGAINST 1
Kyocera Corp. June 25, 2026 Elect Director Yamaguchi, Goro Director Elections Board AGAINST 1
L&T Finance Limited May 29, 2026 Reelect S. N. Subrahmanyan as Director Director Elections Board AGAINST 1
LATAM Airlines Group SA October 17, 2025 Amend Articles to Reflect Changes in Capital Capital Structure Board AGAINST 1
LE Lundbergforetagen AB April 20, 2026 Reelect Carl Bennet, Sofia Frandberg, Louise Lindh, Fredrik Lundberg, Katarina Martinson, Krister Mattsson, Sten Peterson, Lars Pettersson and Bo Selling (Chair) as Directors Director Elections Board AGAINST 1
LENSAR, Inc. December 18, 2025 Election of Class II Directors: Aimee S. Weisner Director Elections Board WITHHOLD 1
LENSAR, Inc. December 18, 2025 Election of Class II Directors: Nicholas T. Curtis Director Elections Board WITHHOLD 1
LENSAR, Inc. December 18, 2025 Election of Class II Directors: Todd B. Hammer Director Elections Board WITHHOLD 1
LPP SA July 11, 2025 Approve Remuneration Report Compensation Board AGAINST 1
LandBridge Company LLC June 18, 2026 To elect the 11 directors identified in the accompanying Proxy Statement to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long Director Elections Board WITHHOLD 1
Landmark Bancorp, Inc. May 20, 2026 Election of Directors: Angelia K. Stanland Director Elections Board AGAINST 1
Larimar Therapeutics, Inc. May 19, 2026 Election of Class III Directors for a Three-Year Term Expiring in 2029: Carole S. Ben-Maimon, M.D. Director Elections Board WITHHOLD 1
Larimar Therapeutics, Inc. May 19, 2026 Election of Class III Directors for a Three-Year Term Expiring in 2029: Frank Thomas Director Elections Board WITHHOLD 1
Larimar Therapeutics, Inc. May 19, 2026 Election of Class III Directors for a Three-Year Term Expiring in 2029: Joseph Truitt Director Elections Board WITHHOLD 1
Legacy Education Inc. December 16, 2025 Election of Directors to be elected for terms expiring in 2026: Blaine Faulkner Director Elections Board AGAINST 1
Legacy Education Inc. December 16, 2025 Election of Directors to be elected for terms expiring in 2026: Gerald Amato Director Elections Board AGAINST 1
Legacy Education Inc. December 16, 2025 Election of Directors to be elected for terms expiring in 2026: LeeAnn Rohmann Director Elections Board AGAINST 1
Legacy Education Inc. December 16, 2025 Election of Directors to be elected for terms expiring in 2026: Peggy Tiderman Director Elections Board AGAINST 1
Legacy Housing Corporation December 18, 2025 Election of Directors: Brian J. Ferguson Director Elections Board AGAINST 1
Legacy Housing Corporation December 18, 2025 Election of Directors: Jeffrey K. Stouder Director Elections Board AGAINST 1
Legence Corp. June 11, 2026 Election of Directors: Bilal Khan Director Elections Board WITHHOLD 1
Lemonade, Inc. June 3, 2026 Election of Class III Directors: Debra Schwartz Director Elections Board WITHHOLD 1
Lemonade, Inc. June 3, 2026 Election of Class III Directors: Michael Eisenberg Director Elections Board WITHHOLD 1
Liberty Global Ltd. June 23, 2026 Election of Directors: Miranda Curtis CMG Director Elections Board WITHHOLD 1
LifeMD, Inc. June 12, 2026 To approve LifeMD's Fourth Amended and Restated 2020 Equity and Incentive Plan. Compensation Board AGAINST 1
LifeStance Health Group, Inc. June 2, 2026 Election of two director nominees named in the Proxy Statement to serve until the 2029 Annual Meeting of Stockholders: David Bourdon Director Elections Board WITHHOLD 1
Lightwave Logic, Inc. May 21, 2026 Election of Directors: Laila S. Partridge Director Elections Board WITHHOLD 1
Lightwave Logic, Inc. May 21, 2026 Election of Directors: Thomas Connelly, Jr. Director Elections Board WITHHOLD 1
Lineage, Inc. June 9, 2026 Election of Directors: Adam Forste Director Elections Board AGAINST 1
Lineage, Inc. June 9, 2026 Election of Directors: Kevin Marchetti Director Elections Board AGAINST 1
Lineage, Inc. June 9, 2026 Election of Directors: Luke Taylor Director Elections Board AGAINST 1
Lionsgate Studios Corp. March 17, 2026 Election of Directors: Michael T. Fries Director Elections Board WITHHOLD 1
LiveRamp Holdings, Inc. August 12, 2025 Approval of an increase in the number of shares available for issuance under the Company's Amended and Restated 2005 Equity Compensation Plan. Compensation Board AGAINST 1
Lloyds Metals & Energy Ltd. September 11, 2025 Approve Loans, Guarantees, Securities and/or Investments in Other Body Corporate Capital Structure Board AGAINST 1
Localiza Rent A Car SA April 30, 2026 Amend Long-Term Incentive Plans Compensation Board AGAINST 1
Localiza Rent A Car SA April 30, 2026 Elect Antonio de Padua Soares Policarpo as Fiscal Council Member and Juliano Lima Pinheiro as Alternate Compensation Board ABSTAIN 1
Lojas Renner SA April 29, 2026 Request Cumulative Voting Director Elections Board AGAINST 1
Longfor Group Holdings Limited June 18, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Longfor Group Holdings Limited June 18, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
Longfor Group Holdings Limited June 18, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
Lotus Pharmaceutical Co., Ltd. June 16, 2026 Approve Transfer of Treasury Shares At Lower than the Actual Average Repurchase Price to Employees Compensation Board AGAINST 1
Lucid Diagnostics Inc. June 24, 2026 Election of Class B Directors: James L. Cox, M.D. Director Elections Board WITHHOLD 1
Lucid Diagnostics Inc. June 24, 2026 Election of Class B Directors: John R. Palumbo Director Elections Board WITHHOLD 1
Lucid Diagnostics Inc. June 24, 2026 Election of Class B Directors: Ronald M. Sparks Director Elections Board WITHHOLD 1
Lucid Group, Inc. June 4, 2026 Election of directors: Turqi Alnowaiser Director Elections Board WITHHOLD 1
Lucid Group, Inc. June 4, 2026 To approve the amendment and restatement of the Lucid Group, Inc. Amended and Restated 2021 Stock Incentive Plan Compensation Board AGAINST 1
Lucky Strike Entertainment Corporation December 9, 2025 Election of Directors: John A. Young Director Elections Board WITHHOLD 1
Lucky Strike Entertainment Corporation December 9, 2025 Election of Directors: Michael J. Angelakis Director Elections Board WITHHOLD 1
Lucky Strike Entertainment Corporation December 9, 2025 Election of Directors: Robert J. Bass Director Elections Board WITHHOLD 1
Lucky Strike Entertainment Corporation December 9, 2025 Election of Directors: Thomas F. Shannon Director Elections Board WITHHOLD 1
Luminar Technologies, Inc. July 3, 2025 To approve an amendment to the Luminar Technologies, Inc. 2020 Amended and Restated Equity Incentive Plan to increase the authorized share reserve. Compensation Board AGAINST 1
Luminar Technologies, Inc. July 3, 2025 To elect three Class II directors to hold office until the 2028 annual meeting of stockholders or until their respective successors are elected and qualified: Alec E. Gores Director Elections Board WITHHOLD 1
Lyell Immunopharma, Inc. June 10, 2026 Election of Class II Directors: Otis Brawley, M.D. Director Elections Board WITHHOLD 1
MAIRE SpA April 15, 2026 Approve MAIRE Group's Long-Term Incentive Plan 2026-2028 Compensation Board AGAINST 1
MAIRE SpA April 15, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
MAIRE SpA April 15, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
MARA Holdings, Inc. June 18, 2026 Approval of an amendment to our Amended and Restated 2018 Equity Incentive Plan (the "2018 Plan") to increase the number of shares of our common stock reserved under the 2018 Plan by 18 million shares. Compensation Board AGAINST 1
MBRF Global Foods Co. SA April 24, 2026 Amend Stock Option Plan Compensation Board AGAINST 1
MBRF Global Foods Co. SA April 24, 2026 Elect Fiscal Council Members Compensation Board ABSTAIN 1
MGP Ingredients, Inc. May 13, 2026 Approve the MGP Ingredients, Inc. Amended and Restated 2024 Equity Incentive Plan. Compensation Board AGAINST 1
MGP Ingredients, Inc. May 13, 2026 Election of Directors: Thomas A. Gerke Director Elections Board AGAINST 1
MGP Ingredients, Inc. May 13, 2026 Election of Directors: Todd B. Siwak Director Elections Board AGAINST 1
MMG Limited May 28, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
MMG Limited May 28, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
MVB Financial Corp. May 19, 2026 To amend the MVB Financial Corp. 2022 Stock Incentive Plan to increase the number of shares authorized for issuance under the Plan. Compensation Board AGAINST 1
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Donna M. Coleman Director Elections Board WITHHOLD 1
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Frederic V. Salerno Director Elections Board WITHHOLD 1
Madison Square Garden Entertainment Corp. December 10, 2025 Election of the following nominees as directors: Martin Bandier Director Elections Board WITHHOLD 1
Madrigal Pharmaceuticals, Inc. June 17, 2026 Re-election of Class I directors: Julian Baker Director Elections Board WITHHOLD 1
MakeMyTrip Limited September 11, 2025 Reelect Director Mohit Kabra Director Elections Board AGAINST 1
MakeMyTrip Limited September 11, 2025 Reelect Director Savinilorna Payandi Pillay Ramen Director Elections Board AGAINST 1
Mapfre SA March 13, 2026 Reelect Antonio Huertas Mejias as Director Director Elections Board AGAINST 1
Maravai Lifesciences Holdings, Inc. May 26, 2026 To elect three nominees to the Board of Directors (3-year term expiring in 2029): Bernd Brust Director Elections Board WITHHOLD 1
Maravai Lifesciences Holdings, Inc. May 26, 2026 To elect three nominees to the Board of Directors (3-year term expiring in 2029): Gregory T. Lucier Director Elections Board WITHHOLD 1
Maravai Lifesciences Holdings, Inc. May 26, 2026 To elect three nominees to the Board of Directors (3-year term expiring in 2029): Luke Marker Director Elections Board WITHHOLD 1
Marex Group plc May 21, 2026 Approve Capital Reduction by Cancellation and Extinguishment of the Deferred Shares Capital Structure Board AGAINST 1
Marex Group plc May 21, 2026 Approve Capital Reduction by Cancellation and Extinguishment of the Scheme Shares Capital Structure Board AGAINST 1
Marico Limited August 8, 2025 Approve Enhancement of Limit for Loan, Guarantee and Investment by the Company under Section 186 of the Companies Act, 2013 Capital Structure Board AGAINST 1
Mayville Engineering Company, Inc. April 21, 2026 Election of Directors: Terms expiring at the 2029 Annual Meeting: Robert L. McCormick Director Elections Board WITHHOLD 1
Maze Therapeutics, Inc. June 8, 2026 Election of Class I Directors: Jason Coloma, Ph.D. Director Elections Board WITHHOLD 1
Maze Therapeutics, Inc. June 8, 2026 Election of Class I Directors: Neil Kumar, Ph.D. Director Elections Board WITHHOLD 1

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Built November 8, 2026 from SEC Form N-PX filings.