mBank SA: meeting of 27 Mar 2024

Votes reported on Form N-PX, item by item

48 Form N-PX filers reported votes at the mBank SA meeting of 27 Mar 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

DIRECTOR ELECTIONSIssuer

Director elections

2 nominees; 44.9% of reported votes for; 38 filers withheld from or voted against at least one nominee.

148 vote records from 42 filers. 3 of the 39 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

2.4% for7.1% against90.5% other7.7% against management42 filers

SECTION 14A SAY-ON-PAY VOTESIssuer

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

10 vote records from 7 filers. 6 of the 6 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

0.0% for85.7% against14.3% other100.0% against management7 filers0.0% for100.0% against100.0% against management23,165 reported shares

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

74 vote records from 42 filers. 38 of the 39 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

2.4% for81.0% against16.7% other97.4% against management42 filers3.8% for63.3% against32.9% other96.2% against management904,852 reported shares

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

222 vote records from 42 filers. 0 of the 39 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

92.9% for0.0% against7.1% other0.0% against management42 filers99.8% for0.0% against0.1% other0.0% against management2,714,556 reported shares, counted once per item in this group

COMPENSATIONIssuer

COMPENSATION: management items

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

220 vote records from 43 filers. 33 of the 40 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

9.3% for79.1% against11.6% other82.5% against management43 filers36.6% for63.2% against0.1% other63.3% against management2,712,910 reported shares, counted once per item in this group

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

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

2,025 vote records from 42 filers. 0 of the 39 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

92.9% for0.0% against7.1% other0.0% against management42 filers93.0% for6.7% against0.3% other6.8% against management25,427,548 reported shares, counted once per item in this group

OTHERIssuer

OTHER: management items

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

94 vote records from 3 filers. 0 of the 2 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

66.7% for0.0% against33.3% other0.0% against management3 filers80.8% for0.0% against19.2% other16.0% against management63,850 reported shares, counted once per item in this group

How the largest families voted

Family	1. Directors	2. Say-on-pay	3. Auditor
Vanguard	Split or no vote	No report	Against *
BlackRock and iShares	Split or no vote	No report	Abstain or withhold *
Fidelity	Split or no vote	No report	Against *
Dimensional	Split or no vote	No report	Split or no vote
State Street and SPDR	Split or no vote	No report	Against *
American Century	Against *	No report	Against *
Invesco	Split or no vote	No report	Against *
Equitable	Split or no vote	No report	Against *
Charles Schwab	For	No report	For
Nuveen and TIAA	Split or no vote	No report	Against *
John Hancock and Manulife	Split or no vote	Against *	Against *
Morgan Stanley, Eaton Vance and Calvert	Against *	No report	Against *
J.P. Morgan	No report	Against *	No report
WisdomTree	Split or no vote	No report	Against *
Northern Trust and FlexShares	Split or no vote	Against *	Against *
T. Rowe Price	Split or no vote	No report	Against *
Lincoln Financial	Split or no vote	No report	Against *
Voya	Against *	No report	Against *
First Trust	Split or no vote	No report	Against *
BNY Mellon	Split or no vote	No report	Against *
Pacific Life funds	Split or no vote	No report	Against *
PIMCO	Split or no vote	No report	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 mBank SA meeting?

48 Form N-PX filers reported votes at the meeting of 27 Mar 2024. On say-on-pay, 6 of 6 voted against management (100.0%). 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 mBank SA 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 mBank SA

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing mBank SA with a meeting date within three days of 27 Mar 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.