Home / Companies / DEUTSCHE BANK AG / 22 May 2025
DEUTSCHE BANK AG: meeting of 22 May 2025
Votes reported on Form N-PX, item by item
297 Form N-PX filers reported votes at the DEUTSCHE BANK AG meeting of 22 May 2025. Their records fall into 10 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
4 nominees; 92.2% of reported votes for; 12 filers withheld from or voted against at least one nominee.
1,540 vote records from 155 filers. 4 of the 151 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
235 vote records from 167 filers. 5 of the 161 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
590 vote records from 157 filers. 2 of the 153 filers that marked the item either way voted against management. 4 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.
2,023 vote records from 156 filers. 1 of the 153 filers that marked the item either way voted against management. 3 filers 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.
252 vote records from 129 filers. 2 of the 127 filers that marked the item either way voted against management. 2 filers 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.
9,151 vote records from 157 filers. 3 of the 153 filers that marked the item either way voted against management. 4 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.
376 vote records from 30 filers. 1 of the 11 filers that marked the item either way voted against management. 19 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Shareholder proposal: CORPORATE GOVERNANCE (A)
264 vote records from 139 filers. 4 of the 136 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Shareholder proposal: CORPORATE GOVERNANCE (B)
232 vote records from 123 filers. 3 of the 120 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
32 vote records from 18 filers. 1 of the 18 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 8. Proposal | 9. Proposal |
|---|---|---|---|---|---|
| Vanguard | For | No report | For | Against | Against |
| BlackRock and iShares | For | For | For | No report | No report |
| Fidelity | For | No report | For | Against | Against |
| Dimensional | For | No report | For | Against | Against |
| State Street and SPDR | For | No report | For | Against | Against |
| American Century | For | No report | For | Against | Against |
| Franklin Templeton | For | No report | For | Against | Against |
| Invesco | For | No report | For | Against | Against |
| Equitable | For | No report | For | Against | Against |
| Charles Schwab | For | No report | For | Against | No report |
| Nuveen and TIAA | For | No report | For | Against | Against |
| John Hancock and Manulife | For | For | For | Against | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For | Against | Against |
| J.P. Morgan | For | For | For | Against | Against |
| Goldman Sachs | For | No report | For | Against | Against |
| WisdomTree | For | No report | For | Against | Against |
| PGIM and Prudential | For | No report | For | Against | No report |
| Jackson National funds | For | For | For | Against | Against |
| Northern Trust and FlexShares | For | For | For | Against | Against |
| SEI | For | No report | For | Against | No report |
| T. Rowe Price | For | No report | For | Against | Against |
| Thrivent | For | No report | For | Against | Against |
| Lincoln Financial | For | No report | For | Against * | Against * |
| Voya | For | No report | For | Against | Against |
| First Trust | For | For | For | Against | Against |
| Russell Investments | For | No report | For | Against | No report |
| Nationwide | For | No report | For | Against | Against |
| Victory Capital | For | No report | For | Against | Against |
| Brighthouse Funds | For | No report | For | Against | Against |
| Columbia Threadneedle | For | No report | For | Against | Against |
| BNY Mellon | For | No report | For | Against | Against |
| Principal | For | No report | For | Against | Against |
| Capital Group and American Funds | For | No report | For | Against | Against |
| Pacific Life funds | For | No report | For | Against | Against |
| Global X | For | No report | Split or no vote | No report | No report |
| Transamerica | For | No report | For | Against | Against |
| Federated Hermes | For | No report | For | Against | No report |
| AllianceBernstein | For | No report | For | Against | Against |
| Hartford Funds | For | No report | For | Against | No report |
| PIMCO | For | No report | For | Against | Against |
| Allspring | For | No report | For | Against | Against |
| MassMutual | No report | For | No report | No report | No report |
| Harbor Funds | For | For | For | Against | Against |
| Janus Henderson | For | No report | For | Against | Against |
| American Beacon | For | No report | For | Against | Against |
| Natixis and Loomis Sayles | No report | For | No report | No report | No report |
| Baird | No report | For | No report | No report | No report |
* 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 DEUTSCHE BANK AG meeting?
297 Form N-PX filers reported votes at the meeting of 22 May 2025. On say-on-pay, 5 of 161 voted against management (3.1%). 2 proposals 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 DEUTSCHE BANK AG 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 DEUTSCHE BANK AG
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing DEUTSCHE BANK AG with a meeting date within three days of 22 May 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.