Home / Companies / H&M Hennes & Mauritz AB / 7 May 2025
H&M Hennes & Mauritz AB: meeting of 7 May 2025
Votes reported on Form N-PX, item by item
116 Form N-PX filers reported votes at the H&M Hennes & Mauritz AB meeting of 7 May 2025. Their records fall into 9 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; 72.3% of reported votes for; 73 filers withheld from or voted against at least one nominee.
2,163 vote records from 98 filers. 10 of the 86 filers that marked the item either way voted against management. 12 filers reported this item without a management mark.
DIRECTOR ELECTIONSSecurity holder
Director elections (nominees put forward by security holders)
1 nominee; 0.0% of reported votes for; 7 filers withheld from or voted against at least one nominee.
21 vote records from 7 filers. No filer marked a management recommendation, so no against-management figure is reported. 7 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
134 vote records from 36 filers. 19 of the 34 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)
588 vote records from 98 filers. 0 of the 86 filers that marked the item either way voted against management. 12 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.
633 vote records from 98 filers. 0 of the 86 filers that marked the item either way voted against management. 12 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.
1,008 vote records from 99 filers. 0 of the 87 filers that marked the item either way voted against management. 12 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.
5,059 vote records from 98 filers. 0 of the 86 filers that marked the item either way voted against management. 12 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.
306 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.
CORPORATE GOVERNANCESecurity holder
Proposal to Transition to a Fully Circular Business Model and Cease Production of New Clothes by 2026
165 vote records from 88 filers. 0 of the 2 filers that marked the item either way voted against management. 86 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Directors | 3. Say-on-pay | 4. Auditor | 9. Proposal |
|---|---|---|---|---|---|
| Vanguard | For | No report | No report | For | Against |
| BlackRock and iShares | For | Against | Split or no vote | For | No report |
| Fidelity | For | No report | No report | For | Against |
| Dimensional | Split or no vote | No report | No report | Split or no vote | Split or no vote |
| State Street and SPDR | For | No report | No report | For | Against |
| American Century | For | No report | No report | For | Against |
| Franklin Templeton | For | No report | No report | For | Against |
| Invesco | Split or no vote | No report | No report | Split or no vote | Split or no vote |
| Equitable | Against * | No report | No report | For | Against |
| Charles Schwab | For | No report | No report | For | Against |
| Nuveen and TIAA | For | No report | No report | For | Against |
| John Hancock and Manulife | For | No report | Against * | For | Against |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | No report | For | Against |
| J.P. Morgan | For | Against | Against * | For | Against |
| Goldman Sachs | Split or no vote | No report | No report | Split or no vote | Split or no vote |
| WisdomTree | For | No report | No report | For | Against |
| PGIM and Prudential | For | No report | No report | For | Against |
| Jackson National funds | For | No report | Against * | For | Against |
| Northern Trust and FlexShares | For | No report | For | For | Against |
| SEI | For | No report | No report | For | Against |
| T. Rowe Price | For | No report | No report | For | Against |
| Thrivent | For | No report | No report | For | Against |
| Lincoln Financial | For | No report | No report | For | Against |
| Voya | Against * | No report | No report | For | Against |
| Russell Investments | For | No report | No report | For | Against |
| Nationwide | For | No report | No report | For | Against |
| Victory Capital | For | No report | No report | For | Against |
| Brighthouse Funds | For | No report | No report | For | Against |
| Columbia Threadneedle | For | No report | No report | For | Against |
| BNY Mellon | For | No report | No report | For | Against |
| Principal | For | No report | No report | For | Against |
| Pacific Life funds | Split or no vote | No report | No report | Split or no vote | Split or no vote |
| Global X | For | No report | No report | For | No report |
| Transamerica | For | No report | No report | For | Against |
| AllianceBernstein | Against * | No report | No report | For | Against |
| PIMCO | For | No report | No report | For | Against |
| Macquarie and Delaware Funds | Against * | No report | No report | For | 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?
116 Form N-PX filers reported votes at the meeting of 7 May 2025. On say-on-pay, 19 of 34 voted against management (55.9%). One proposal 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 7 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.