Home / Companies / Anheuser-Busch InBev SA/NV / 24 Apr 2024
Anheuser-Busch InBev SA/NV: meeting of 24 Apr 2024
Votes reported on Form N-PX, item by item
150 Form N-PX filers reported votes at the Anheuser-Busch InBev SA/NV meeting of 24 Apr 2024. Their records fall into 7 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
8 nominees; 25.5% of reported votes for; 113 filers withheld from or voted against at least one nominee.
1,816 vote records from 125 filers. 96 of the 122 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
62 vote records from 38 filers. 23 of the 35 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
222 vote records from 122 filers. 0 of the 119 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
197 vote records from 107 filers. 0 of the 106 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
209 vote records from 112 filers. 101 of the 109 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
494 vote records from 123 filers. 0 of the 120 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
439 vote records from 119 filers. 0 of the 116 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | Against * | No report | For |
| BlackRock and iShares | For | No report | For |
| Fidelity | Against * | No report | For |
| Dimensional | Against * | No report | For |
| State Street and SPDR | Against * | No report | For |
| American Century | Against * | No report | For |
| Franklin Templeton | Against * | No report | For |
| Invesco | For | No report | For |
| Equitable | Against * | No report | For |
| Nuveen and TIAA | Against * | No report | For |
| John Hancock and Manulife | For | Against * | For |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | For |
| J.P. Morgan | For | Against * | For |
| Goldman Sachs | Against * | No report | For |
| WisdomTree | Against * | No report | For |
| Jackson National funds | Against * | Against * | For |
| Northern Trust and FlexShares | For | For | For |
| T. Rowe Price | Against * | No report | For |
| Thrivent | Against * | No report | For |
| Lincoln Financial | Against * | No report | For |
| Voya | Against * | No report | For |
| First Trust | Against * | No report | For |
| Nationwide | Against * | No report | For |
| Victory Capital | Against * | No report | For |
| Brighthouse Funds | Against * | No report | For |
| Columbia Threadneedle | Against * | No report | For |
| BNY Mellon | Against * | No report | For |
| Principal | Against * | No report | For |
| Capital Group and American Funds | Against * | No report | For |
| Pacific Life funds | Against * | No report | For |
| Transamerica | Against * | No report | For |
| AllianceBernstein | Against * | No report | For |
| Allspring | Against * | No report | For |
| MassMutual | For | No report | For |
| Harbor Funds | For | Abstain or withhold * | For |
| Macquarie and Delaware Funds | Against * | No report | For |
| Janus Henderson | Against * | No report | For |
| American Beacon | Against * | No report | For |
| Natixis and Loomis Sayles | For | For | For |
| Dodge & Cox | Against * | No report | For |
| Harris Associates and Oakmark | For | 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 Anheuser-Busch InBev SA/NV meeting?
150 Form N-PX filers reported votes at the meeting of 24 Apr 2024. On say-on-pay, 23 of 35 voted against management (65.7%). 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 Anheuser-Busch InBev SA/NV 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 Anheuser-Busch InBev SA/NV
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Anheuser-Busch InBev SA/NV with a meeting date within three days of 24 Apr 2024. 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.