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Home / Companies / Merck & Co., Inc. / 27 May 2025

Meeting · year to 30 June 20252,101 filers reporting

Merck & Co., Inc.: meeting of 27 May 2025

Votes reported on Form N-PX, item by item

2,101 Form N-PX filers reported votes at the Merck & Co., Inc. meeting of 27 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

1

DIRECTOR ELECTIONSIssuer

Director elections

13 nominees; 96.2% of reported votes for; 99 filers withheld from or voted against at least one nominee.

19,308 vote records from 507 filers. 7 of the 504 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

97.4% for1.2% against1.4% other1.4% against management507 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

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

4,228 vote records from 2,066 filers. 186 of the 2,016 filers that marked the item either way voted against management. 50 filers reported this item without a management mark.

86.9% for9.0% against4.1% other9.2% against management2,066 filers93.5% for6.2% against0.3% other6.0% against management1,884,446,595 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

1,485 vote records from 500 filers. 17 of the 497 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

95.6% for3.4% against1.0% other3.4% against management500 filers99.6% for0.4% against0.0% other0.3% against management733,543,034 reported shares
4

COMPENSATIONIssuer

COMPENSATION: management items

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

111 vote records from 28 filers. 2 of the 28 filers that marked the item either way voted against management.

71.4% for17.9% against10.7% other7.1% against management28 filers78.8% for21.2% against9.6% against management9,197,166 reported shares, counted once per item in this group
5

OTHER SOCIAL ISSUESSecurity holder

Shareholder proposal to revisit DEI goals in executive pay incentives.

1,433 vote records from 485 filers. 28 of the 480 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

2.1% for93.8% against4.1% other5.8% against management485 filers0.5% for98.8% against0.6% other1.4% against management732,000,009 reported shares
6

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCESecurity holder

Shareholder proposal regarding a human rights impact assessment.

1,448 vote records from 482 filers. 85 of the 476 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

13.9% for82.6% against3.5% other17.9% against management482 filers2.1% for97.3% against0.6% other2.9% against management730,772,047 reported shares
7

OTHER SOCIAL ISSUESSecurity holder

Shareholder proposal regarding a tax transparency report.

1,418 vote records from 481 filers. 125 of the 475 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

22.0% for74.4% against3.5% other26.3% against management481 filers4.9% for94.5% against0.6% other5.6% against management730,767,106 reported shares
8

OTHER SOCIAL ISSUESSecurity holder

Shareholder proposal regarding a report on civil liberties in advertising services.

1,418 vote records from 481 filers. 33 of the 477 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.

3.1% for93.1% against3.7% other6.9% against management481 filers0.6% for98.8% against0.6% other1.4% against management730,773,708 reported shares
9

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

148 vote records from 20 filers. 5 of the 18 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

15.0% for80.0% against5.0% other27.8% against management20 filers18.7% for81.3% against35.4% against management4,357,168 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor5. Proposal6. Proposal7. Proposal8. Proposal
VanguardForForForAgainstAgainstAgainstAgainst
BlackRock and iSharesForForForAgainstAgainstAgainstAgainst
FidelityForForForAgainstAgainstAgainstAgainst
DimensionalForForForAgainstAgainstAgainstAgainst
State Street and SPDRForForForAgainstAgainstAgainstAgainst
American CenturyForForForAgainstAgainstAgainstAgainst
Franklin TempletonForForForAgainstAgainstAgainstAgainst
InvescoForForForAgainstAgainstAgainstAgainst
EquitableForForForAgainstAgainstAgainstAgainst
Charles SchwabForForForAgainstAgainstAgainstAgainst
Nuveen and TIAAForForForAgainstAgainstAgainstAgainst
ProShares and ProFundsForForForAgainstAgainstAgainstAgainst
John Hancock and ManulifeForForForAgainstAgainstAgainstAgainst
Morgan Stanley, Eaton Vance and CalvertForAgainst *ForAgainstFor *For *Against
J.P. MorganForForForAgainstAgainstAgainstAgainst
Goldman SachsForForForAgainstAgainstAgainstAgainst
WisdomTreeForForForAgainstAgainstAgainstAgainst
PGIM and PrudentialForForForAgainstAgainstFor *Against
Jackson National fundsForForForAgainstAgainstAgainstAgainst
Northern Trust and FlexSharesForForForAgainstFor *AgainstAgainst
SEIForForForAgainstAgainstFor *Against
T. Rowe PriceForForForAgainstAgainstAgainstAgainst
ThriventForForForAgainstAgainstAgainstAgainst
Lincoln FinancialForForForAgainstAgainstAgainstAgainst
VoyaForForForAgainstAgainstAgainstAgainst
First TrustForForForAgainstAgainstAgainstAgainst
Russell InvestmentsForForForAgainstAgainstFor *Against
NationwideForForForAgainstAgainstAgainstAgainst
Victory CapitalForForForAgainstAgainstAgainstAgainst
Brighthouse FundsForForForAgainstAgainstAgainstAgainst
Guggenheim and RydexForForForAgainstAgainstAgainstAgainst
Columbia ThreadneedleForForForAgainstAgainstAgainstAgainst
BNY MellonForForForAgainstAgainstAgainstAgainst
PrincipalForForForAgainstAgainstAgainstAgainst
Capital Group and American FundsForForForAgainstAgainstAgainstAgainst
Pacific Life fundsForForForAgainstAgainstAgainstAgainst
Global XForForForNo reportNo reportNo reportNo report
MFSForForForAgainstAgainstFor *Against
TransamericaForForForAgainstAgainstAgainstAgainst
Federated HermesForForForAgainstAgainstAgainstAgainst
AllianceBernsteinForForForAgainstAgainstAgainstAgainst
Hartford FundsForForForAgainstAgainstAgainstAgainst
DWSForForForAgainstFor *For *Against
PIMCOForForForAgainstAgainstAgainstAgainst
AllspringForForForAgainstAgainstAgainstAgainst
MassMutualForForForAgainstFor *AgainstAgainst
Harbor FundsForForForAgainstAgainstAgainstAgainst
VirtusForForForAgainstAgainstAgainstAgainst
VanEckForForForAgainstAgainstFor *Against
Macquarie and Delaware FundsForForForAgainstFor *AgainstAgainst
Janus HendersonForForForAgainstAgainstAgainstAgainst
Neuberger BermanForForForAgainstAgainstFor *Against
American BeaconForForForAgainstAgainstFor *Against
Natixis and Loomis SaylesForForForAgainstAgainstAgainstAgainst
Lord AbbettNo reportForNo reportNo reportNo reportNo reportNo report
Dodge & CoxNo reportForNo reportNo reportNo reportNo reportNo report
Harris Associates and OakmarkForForForAgainstAgainstAgainstAgainst
BairdNo reportForNo reportNo reportNo reportNo reportNo report
Artisan PartnersForForForNo reportNo reportNo reportNo report

* 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 Merck & Co., Inc. meeting?

2,101 Form N-PX filers reported votes at the meeting of 27 May 2025. On say-on-pay, 186 of 2,016 voted against management (9.2%). 4 proposals 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 Merck & Co., Inc. 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 Merck & Co., Inc.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Merck & Co., Inc. with a meeting date within three days of 27 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.