Carel Industries SpA: meeting of 23 Apr 2025

Votes reported on Form N-PX, item by item

45 Form N-PX filers reported votes at the Carel Industries SpA meeting of 23 Apr 2025. Their records fall into 5 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

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

38 vote records from 10 filers. 5 of the 8 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

30.0% for50.0% against20.0% other62.5% against management10 filers24.3% for75.7% against75.7% against management1,390,791 reported shares

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

110 vote records from 40 filers. 0 of the 40 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management40 filers100.0% for0.0% against0.0% against management28,242,860 reported shares, counted once per item in this group

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

94 vote records from 39 filers. 0 of the 39 filers that marked the item either way voted against management.

25.6% for0.0% against74.4% other0.0% against management39 filers87.4% for10.7% against1.9% other12.6% against management27,426,385 reported shares, counted once per item in this group

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

69 vote records from 36 filers. 0 of the 36 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management36 filers100.0% for0.0% against0.0% against management13,975,167 reported shares, counted once per item in this group

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

16 vote records from 4 filers. 0 of the 4 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management4 filers100.0% for0.0% against0.0% against management146,263 reported shares, counted once per item in this group

How the largest families voted

Family	1. Say-on-pay
BlackRock and iShares	Against *
John Hancock and Manulife	Against *
Northern Trust and FlexShares	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 Carel Industries SpA meeting?

45 Form N-PX filers reported votes at the meeting of 23 Apr 2025. On say-on-pay, 5 of 8 voted against management (62.5%). 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 Carel Industries SpA 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 Carel Industries SpA

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Carel Industries SpA with a meeting date within three days of 23 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.