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Home / Companies / Investor AB / 7 May 2024

Meeting · year to 30 June 2024162 filers reporting

Investor AB: meeting of 7 May 2024

Votes reported on Form N-PX, item by item

162 Form N-PX filers reported votes at the Investor AB meeting of 7 May 2024. 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

1

DIRECTOR ELECTIONSIssuer

Director elections

14 nominees; 51.9% of reported votes for; 105 filers withheld from or voted against at least one nominee.

4,345 vote records from 141 filers. 64 of the 116 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.

32.6% for46.1% against21.3% other55.2% against management141 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

77 vote records from 32 filers. 17 of the 31 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

34.4% for53.1% against12.5% other54.8% against management32 filers52.7% for45.5% against1.8% other45.5% against management26,955,823 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

670 vote records from 141 filers. 0 of the 116 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.

80.9% for0.0% against19.1% other0.0% against management141 filers99.6% for0.0% against0.4% other0.0% against management299,343,058 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

696 vote records from 140 filers. 0 of the 115 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.

80.7% for0.0% against19.3% other0.0% against management140 filers99.6% for0.0% against0.4% other0.0% against management307,245,122 reported shares, counted once per item in this group
5

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

1,793 vote records from 142 filers. 0 of the 117 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.

80.3% for0.7% against19.0% other0.0% against management142 filers94.5% for5.2% against0.3% other5.1% against management848,856,489 reported shares, counted once per item in this group
6

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

5,350 vote records from 140 filers. 0 of the 115 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.

80.7% for0.0% against19.3% other0.0% against management140 filers99.2% for0.4% against0.4% other0.4% against management2,474,016,307 reported shares, counted once per item in this group
7

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

508 vote records from 23 filers. 0 of the 16 filers that marked the item either way voted against management. 7 filers reported this item without a management mark.

60.9% for0.0% against39.1% other0.0% against management23 filers92.6% for0.6% against6.8% other0.0% against management10,718,649 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor
VanguardForNo reportFor
BlackRock and iSharesForNo reportFor
FidelityAgainst *No reportFor
State Street and SPDRForNo reportFor
Franklin TempletonSplit or no vote *No reportSplit or no vote
InvescoForNo reportFor
EquitableAgainst *No reportFor
Charles SchwabForNo reportFor
Nuveen and TIAAForNo reportFor
John Hancock and ManulifeAgainst *Against *For
Morgan Stanley, Eaton Vance and CalvertAgainst *No reportFor
J.P. MorganForAgainst *For
Goldman SachsAgainst *No reportFor
PGIM and PrudentialAgainst *No reportFor
Jackson National fundsAgainst *Against *For
Northern Trust and FlexSharesForForFor
SEIForNo reportFor
T. Rowe PriceForNo reportFor
ThriventAgainst *No reportFor
Lincoln FinancialForNo reportFor
VoyaSplit or no voteNo reportFor
First TrustAgainst *No reportFor
Russell InvestmentsForNo reportFor
NationwideAgainst *No reportFor
Victory CapitalAgainst *No reportFor
Brighthouse FundsAgainstNo reportFor
Columbia ThreadneedleForNo reportFor
BNY MellonAgainst *No reportFor
PrincipalAgainst *No reportFor
Pacific Life fundsSplit or no voteNo reportSplit or no vote
Global XForNo reportFor
TransamericaForNo reportFor
Federated HermesAgainst *No reportFor
AllianceBernsteinAgainst *No reportFor
Hartford FundsAgainst *No reportFor
AllspringSplit or no voteNo reportSplit or no vote
Harbor FundsForForFor

* 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 Investor AB meeting?

162 Form N-PX filers reported votes at the meeting of 7 May 2024. On say-on-pay, 17 of 31 voted against management (54.8%). 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 Investor 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 Investor AB

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Investor AB with a meeting date within three days of 7 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.