Home / Companies / H&M Hennes & Mauritz AB / 3 May 2024
H&M Hennes & Mauritz AB: meeting of 3 May 2024
Votes reported on Form N-PX, item by item
123 Form N-PX filers reported votes at the H&M Hennes & Mauritz AB meeting of 3 May 2024. Their records fall into 11 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
9 nominees; 67.6% of reported votes for; 76 filers withheld from or voted against at least one nominee.
1,863 vote records from 108 filers. 5 of the 88 filers that marked the item either way voted against management. 20 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 27 filers. 16 of the 24 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)
447 vote records from 108 filers. 0 of the 88 filers that marked the item either way voted against management. 20 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.
656 vote records from 107 filers. 0 of the 87 filers that marked the item either way voted against management. 20 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.
404 vote records from 109 filers. 1 of the 89 filers that marked the item either way voted against management. 20 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.
5,289 vote records from 107 filers. 0 of the 87 filers that marked the item either way voted against management. 20 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.
356 vote records from 16 filers. 0 of the 13 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
ENVIRONMENT OR CLIMATESecurity holder
Approve Zero Tolerance of Clothes as Waste in 2025
186 vote records from 93 filers. 0 of the 2 filers that marked the item either way voted against management. 91 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Instruct Board to Assess the Impact of Sales of Clothing Containing Down on H&M's Reputation and Sales Losses
207 vote records from 105 filers. 0 of the 2 filers that marked the item either way voted against management. 103 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Dividend Record Date (Shareholder Proposal)
188 vote records from 94 filers. 12 of the 15 filers that marked the item either way voted against management. 79 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.
21 vote records from 13 filers. No filer marked a management recommendation, so no against-management figure is reported. 13 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 8. Proposal | 9. Proposal | 10. Proposal |
|---|---|---|---|---|---|---|
| Vanguard | For | No report | For | Against | Against | Against |
| BlackRock and iShares | For | No report | For | Against | Against | Against |
| Fidelity | For | No report | For | Against | Against | Against |
| State Street and SPDR | For | No report | For | Against | Against | Against |
| American Century | For | No report | For | Against | Against | Against |
| Franklin Templeton | For | No report | For | For | For | Against |
| Invesco | Split or no vote | No report | Split or no vote | Split or no vote | Split or no vote | Split or no vote |
| Equitable | For | No report | For | Against | Against | Against |
| Charles Schwab | For | No report | For | No report | Against | Abstain or withhold * |
| Nuveen and TIAA | For | No report | For | Against | Against | Against |
| John Hancock and Manulife | For | Against * | For | For | For | No report |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | For | For | For | Against |
| J.P. Morgan | For | Against * | For | Against | Against | Split or no vote |
| Goldman Sachs | Split or no vote | No report | Split or no vote | Split or no vote | Split or no vote | Split or no vote |
| WisdomTree | For | No report | For | Against | Against | Against |
| PGIM and Prudential | For | No report | For | No report | Against | Abstain or withhold * |
| Jackson National funds | For | Against * | For | Against | Against | No report |
| Northern Trust and FlexShares | For | For | For | Against | Against | Against |
| SEI | For | No report | For | No report | Against | Abstain or withhold * |
| T. Rowe Price | For | No report | For | Against | Against | Against |
| Thrivent | For | No report | For | Against | Against | Against |
| Lincoln Financial | For | No report | For | Against | Against | Against |
| Voya | Against * | No report | For | Against | Against | Against |
| Russell Investments | For | No report | For | No report | Against | Abstain or withhold * |
| Nationwide | For | No report | For | For | For | Against |
| Victory Capital | For | No report | For | For | For | Against |
| Brighthouse Funds | For | No report | For | Against | Against | Against |
| Columbia Threadneedle | For | No report | For | Against | Against | Against |
| BNY Mellon | For | No report | For | Against | Against | Against |
| Principal | For | No report | For | Against | Against | Against * |
| Pacific Life funds | Split or no vote | No report | Split or no vote | Split or no vote | Split or no vote | Split or no vote |
| Global X | Against * | No report | For | No report | No report | No report |
| Transamerica | For | No report | For | Against | Against | Against |
| AllianceBernstein | For | No report | For | Against | Against | Against |
| PIMCO | For | No report | For | For | For | Against |
| Macquarie and Delaware Funds | For | No report | For | Against | Against | Against |
* 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 H&M Hennes & Mauritz AB meeting?
123 Form N-PX filers reported votes at the meeting of 3 May 2024. On say-on-pay, 16 of 24 voted against management (66.7%). 3 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 H&M Hennes & Mauritz AB 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 H&M Hennes & Mauritz AB
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing H&M Hennes & Mauritz AB with a meeting date within three days of 3 May 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.