Home / Companies / Anheuser-Busch InBev SA/NV / 30 Apr 2025
Anheuser-Busch InBev SA/NV: meeting of 30 Apr 2025
Votes reported on Form N-PX, item by item
162 Form N-PX filers reported votes at the Anheuser-Busch InBev SA/NV meeting of 30 Apr 2025. 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
3 nominees; 18.6% of reported votes for; 117 filers withheld from or voted against at least one nominee.
720 vote records from 130 filers. 96 of the 127 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
93 vote records from 44 filers. 28 of the 36 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
473 vote records from 130 filers. 1 of the 127 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
208 vote records from 114 filers. 0 of the 113 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
220 vote records from 118 filers. 110 of the 117 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
528 vote records from 130 filers. 0 of the 127 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
202 vote records from 14 filers. 0 of the 12 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | Against * | No report | For |
| BlackRock and iShares | For | Against * | For |
| Fidelity | Against * | No report | For |
| Dimensional | Against * | No report | For |
| State Street and SPDR | Against * | No report | For |
| Franklin Templeton | For | No report | For |
| Invesco | For | No report | For |
| Equitable | For | No report | For |
| Nuveen and TIAA | Against * | No report | For |
| John Hancock and Manulife | Against * | 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 |
| PGIM and Prudential | Against * | No report | For |
| Jackson National funds | Against * | Against * | For |
| Northern Trust and FlexShares | For | Against * | For |
| T. Rowe Price | Against * | No report | For |
| Thrivent | Against * | No report | For |
| Lincoln Financial | Against * | No report | For |
| Voya | Against * | No report | For |
| Nationwide | For | No report | For |
| Victory Capital | Against * | No report | For |
| Brighthouse Funds | For | 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 |
| DWS | Against * | No report | For |
| MassMutual | Against * | No report | For |
| Macquarie and Delaware Funds | Against * | No report | For |
| American Beacon | Against * | No report | For |
| Natixis and Loomis Sayles | For | No report | For |
| Dodge & Cox | Against * | No report | For |
| Harris Associates and Oakmark | For | No report | For |
| Artisan Partners | 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?
162 Form N-PX filers reported votes at the meeting of 30 Apr 2025. On say-on-pay, 28 of 36 voted against management (77.8%). 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 30 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.