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Home / Companies / Lotus Bakeries NV / 14 May 2024

Meeting · year to 30 June 202489 filers reporting

Lotus Bakeries NV: meeting of 14 May 2024

Votes reported on Form N-PX, item by item

89 Form N-PX filers reported votes at the Lotus Bakeries NV meeting of 14 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

2 nominees; 40.8% of reported votes for; 49 filers withheld from or voted against at least one nominee.

268 vote records from 77 filers. 44 of the 74 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

35.1% for55.8% against9.1% other59.5% against management77 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

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

27 vote records from 21 filers. 11 of the 16 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

19.0% for47.6% against33.3% other68.8% against management21 filers12.0% for24.4% against63.6% other62.7% against management1,713 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

133 vote records from 76 filers. 0 of the 73 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

93.4% for0.0% against6.6% other0.0% against management76 filers98.2% for0.0% against1.8% other0.0% against management32,551 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

121 vote records from 67 filers. 0 of the 67 filers that marked the item either way voted against management.

97.0% for0.0% against3.0% other0.0% against management67 filers99.6% for0.0% against0.4% other0.0% against management31,924 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.

122 vote records from 68 filers. 55 of the 68 filers that marked the item either way voted against management.

16.2% for82.4% against1.5% other80.9% against management68 filers6.3% for93.5% against0.2% other93.4% against management31,970 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.

308 vote records from 76 filers. 0 of the 73 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

89.5% for0.0% against10.5% other0.0% against management76 filers86.5% for11.4% against2.1% other11.6% against management75,181 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.

240 vote records from 65 filers. 0 of the 62 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

92.3% for0.0% against7.7% other0.0% against management65 filers95.4% for0.0% against4.6% other0.0% against management23,614 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
DimensionalAgainst *No reportFor
State Street and SPDRAgainst *No reportFor
American CenturyAgainst *No reportFor
Franklin TempletonAgainst *No reportFor
InvescoAgainst *No reportFor
EquitableForNo reportFor
Charles SchwabForNo reportFor
Nuveen and TIAAAgainst *No reportFor
ProShares and ProFundsAgainst *No reportFor
John Hancock and ManulifeAgainst *Against *For
Morgan Stanley, Eaton Vance and CalvertForNo reportFor
J.P. MorganForAgainst *For
PGIM and PrudentialForNo reportFor
Jackson National fundsSplit or no voteSplit or no voteSplit or no vote
Northern Trust and FlexSharesForForFor
SEIForNo reportFor
T. Rowe PriceAgainst *No reportFor
ThriventAgainst *No reportFor
Lincoln FinancialAgainst *No reportFor
VoyaAgainst *No reportFor
Russell InvestmentsForNo reportFor
NationwideAgainst *No reportFor
Brighthouse FundsSplit or no vote *No reportSplit or no vote
BNY MellonAgainst *No reportFor
PrincipalAgainst *No reportFor
Capital Group and American FundsForNo reportFor
TransamericaForNo reportFor
AllianceBernsteinSplit or no voteNo reportFor
PIMCOAgainst *No reportFor
American BeaconAgainst *No reportFor

* 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 Lotus Bakeries NV meeting?

89 Form N-PX filers reported votes at the meeting of 14 May 2024. On say-on-pay, 11 of 16 voted against management (68.8%). 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 Lotus Bakeries NV 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 Lotus Bakeries NV

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Lotus Bakeries NV with a meeting date within three days of 14 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.