Home / Companies / Fortum Oyj / 25 Mar 2024
Fortum Oyj: meeting of 25 Mar 2024
Votes reported on Form N-PX, item by item
130 Form N-PX filers reported votes at the Fortum Oyj meeting of 25 Mar 2024. Their records fall into 8 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
1 nominee; 65.3% of reported votes for; 35 filers withheld from or voted against at least one nominee.
208 vote records from 112 filers. 31 of the 108 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)
50 vote records from 30 filers. 2 of the 28 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
831 vote records from 112 filers. 0 of the 108 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.
620 vote records from 111 filers. 0 of the 107 filers that marked the item either way voted against management. 4 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.
598 vote records from 113 filers. 1 of the 109 filers that marked the item either way voted against management. 4 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.
1,009 vote records from 111 filers. 0 of the 107 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
OTHER SOCIAL ISSUESIssuer
OTHER SOCIAL ISSUES: management items
Management items in this category are shown together; filers word and number them differently.
206 vote records from 111 filers. 0 of the 107 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.
428 vote records from 17 filers. 0 of the 16 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | For | No report | For |
| BlackRock and iShares | Against * | No report | For |
| Fidelity | Against * | No report | For |
| Dimensional | For | No report | For |
| State Street and SPDR | For | No report | For |
| American Century | For | No report | For |
| Franklin Templeton | For | No report | For |
| Invesco | For | No report | For |
| Equitable | For | No report | For |
| Charles Schwab | For | No report | For |
| Nuveen and TIAA | For | No report | For |
| John Hancock and Manulife | For | For | For |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | For |
| J.P. Morgan | For | For | For |
| Goldman Sachs | For | No report | For |
| WisdomTree | For | No report | For |
| PGIM and Prudential | For | No report | For |
| Jackson National funds | For | For | For |
| Northern Trust and FlexShares | For | For | For |
| SEI | For | No report | For |
| T. Rowe Price | For | No report | For |
| Thrivent | For | No report | For |
| Lincoln Financial | For | No report | For |
| Voya | For | No report | For |
| First Trust | For | No report | For |
| Russell Investments | For | No report | For |
| Nationwide | Against * | No report | For |
| Victory Capital | Against * | No report | For |
| Brighthouse Funds | For | No report | For |
| BNY Mellon | For | No report | For |
| Principal | For | No report | For |
| Transamerica | For | No report | For |
| AllianceBernstein | For | No report | For |
| DWS | For | No report | For |
| PIMCO | Against * | No report | For |
| MassMutual | No report | For | No report |
| Virtus | For | No report | For |
| VanEck | For | No report | For |
| American Beacon | 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 Fortum Oyj meeting?
130 Form N-PX filers reported votes at the meeting of 25 Mar 2024. On say-on-pay, 2 of 28 voted against management (7.1%). 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 Fortum Oyj 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 Fortum Oyj
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Fortum Oyj with a meeting date within three days of 25 Mar 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.