Home / Companies / Ambev SA / 29 Apr 2025
Ambev SA: meeting of 29 Apr 2025
Votes reported on Form N-PX, item by item
96 Form N-PX filers reported votes at the Ambev SA meeting of 29 Apr 2025. Their records fall into 9 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
3 nominees; 34.8% of reported votes for; 23 filers withheld from or voted against at least one nominee.
115 vote records from 24 filers. 20 of the 24 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
5 vote records from 1 filers. 0 of the 1 filers that marked the item either way voted against management.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
53 vote records from 15 filers. 0 of the 14 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
17 vote records from 13 filers. 7 of the 13 filers that marked the item either way voted against management.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
287 vote records from 95 filers. 0 of the 95 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
386 vote records from 95 filers. 2 of the 95 filers that marked the item either way voted against management.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
347 vote records from 82 filers. 6 of the 82 filers that marked the item either way voted against management.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
81 vote records from 13 filers. 0 of the 13 filers that marked the item either way voted against management.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED
83 vote records from 58 filers. 2 of the 4 filers that marked the item either way voted against management. 54 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 3. Auditor | 9. Proposal |
|---|---|---|---|
| Vanguard | Split or no vote * | No report | For |
| Fidelity | No report | No report | For |
| Dimensional | No report | No report | For |
| State Street and SPDR | No report | No report | For |
| Franklin Templeton | No report | No report | For |
| Invesco | No report | No report | For |
| Equitable | No report | No report | For |
| Charles Schwab | Split or no vote * | No report | No report |
| Nuveen and TIAA | No report | No report | For |
| John Hancock and Manulife | No report | For | No report |
| Morgan Stanley, Eaton Vance and Calvert | No report | No report | For |
| J.P. Morgan | No report | For | No report |
| PGIM and Prudential | For | No report | No report |
| Jackson National funds | No report | For | No report |
| Northern Trust and FlexShares | No report | No report | For |
| SEI | Split or no vote * | No report | No report |
| Thrivent | No report | No report | For |
| Lincoln Financial | No report | No report | For |
| Voya | No report | No report | For |
| First Trust | No report | No report | For |
| Russell Investments | Split or no vote * | No report | No report |
| Victory Capital | Split or no vote * | No report | For |
| Brighthouse Funds | No report | No report | For |
| Columbia Threadneedle | No report | No report | For |
| Pacific Life funds | Split or no vote * | No report | For |
| MFS | No report | No report | For |
| Federated Hermes | Split or no vote * | No report | No report |
| Hartford Funds | Against * | No report | No report |
| PIMCO | No report | No report | For |
| VanEck | Split or no vote * | No report | No report |
| Macquarie and Delaware Funds | No report | No report | For |
| Dodge & Cox | No report | No report | For |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Ambev SA meeting?
96 Form N-PX filers reported votes at the meeting of 29 Apr 2025. On say-on-pay, 0 of 1 voted against management (0.0%). One proposal from security holders could be told apart in the filings. The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Ambev SA on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Ambev SA
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Ambev SA with a meeting date within three days of 29 Apr 2025. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.