Home / Companies / Industrivarden AB / 10 Apr 2025
Industrivarden AB: meeting of 10 Apr 2025
Votes reported on Form N-PX, item by item
105 Form N-PX filers reported votes at the Industrivarden AB meeting of 10 Apr 2025. Their records fall into 7 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
10 nominees; 59.5% of reported votes for; 75 filers withheld from or voted against at least one nominee.
3,230 vote records from 90 filers. 48 of the 79 filers that marked the item either way voted against management. 11 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
159 vote records from 31 filers. 25 of the 29 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)
921 vote records from 89 filers. 0 of the 78 filers that marked the item either way voted against management. 11 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.
278 vote records from 89 filers. 0 of the 78 filers that marked the item either way voted against management. 11 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.
771 vote records from 91 filers. 0 of the 80 filers that marked the item either way voted against management. 11 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.
4,431 vote records from 90 filers. 0 of the 79 filers that marked the item either way voted against management. 11 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.
491 vote records from 12 filers. 0 of the 9 filers that marked the item either way voted against management. 3 filers 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 | For | Against * | For |
| Fidelity | Against * | No report | For |
| State Street and SPDR | Against * | No report | For |
| American Century | Split or no vote | No report | For |
| Franklin Templeton | Against * | No report | For |
| Invesco | For | No report | For |
| Equitable | Against * | No report | For |
| Nuveen and TIAA | Against * | No report | For |
| John Hancock and Manulife | Against * | Against * | For |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | For |
| J.P. Morgan | For | Against * | For |
| Goldman Sachs | Split or no vote | No report | Split or no vote |
| WisdomTree | Split or no vote | No report | Split or no vote |
| Jackson National funds | Against * | Against * | For |
| Northern Trust and FlexShares | Split or no vote | Against * | For |
| T. Rowe Price | Against * | No report | For |
| Thrivent | Against * | No report | For |
| Lincoln Financial | Against * | No report | For |
| Voya | Against * | No report | For |
| First Trust | Against * | No report | For |
| Nationwide | For | No report | For |
| Victory Capital | Against * | No report | For |
| Brighthouse Funds | Against * | No report | For |
| Columbia Threadneedle | Against * | No report | For |
| BNY Mellon | Against * | No report | For |
| Principal | Against * | No report | For |
| Transamerica | Against * | No report | For |
| AllianceBernstein | Against * | 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 Industrivarden AB meeting?
105 Form N-PX filers reported votes at the meeting of 10 Apr 2025. On say-on-pay, 25 of 29 voted against management (86.2%). 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 Industrivarden 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 Industrivarden AB
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Industrivarden AB with a meeting date within three days of 10 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.