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Home / Companies / National Grid Plc / 10 Jul 2023

Meeting · year to 30 June 2024238 filers reporting

National Grid Plc: meeting of 10 Jul 2023

Votes reported on Form N-PX, item by item

238 Form N-PX filers reported votes at the National Grid Plc meeting of 10 Jul 2023. 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

12 nominees; 98.3% of reported votes for; 33 filers withheld from or voted against at least one nominee.

4,885 vote records from 213 filers. 0 of the 212 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

99.5% for0.0% against0.5% other0.0% against management213 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

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

73 vote records from 42 filers. 2 of the 41 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

90.5% for4.8% against4.8% other4.9% against management42 filers63.1% for10.0% against26.8% other13.7% against management81,045,663 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

813 vote records from 213 filers. 0 of the 212 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

99.5% for0.0% against0.5% other0.0% against management213 filers100.0% for0.0% against0.0% against management1,190,258,621 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

2,011 vote records from 213 filers. 0 of the 212 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

99.5% for0.0% against0.5% other0.0% against management213 filers100.0% for0.0% against0.0% against management2,973,223,944 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.

425 vote records from 194 filers. 5 of the 192 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

96.4% for2.6% against1.0% other2.6% against management194 filers97.0% for3.0% against3.0% against management579,807,110 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.

770 vote records from 213 filers. 0 of the 212 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

94.4% for0.0% against5.6% other0.0% against management213 filers99.3% for0.7% against0.7% against management1,169,335,399 reported shares, counted once per item in this group
7

OTHER SOCIAL ISSUESIssuer

OTHER SOCIAL ISSUES: management items

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

401 vote records from 209 filers. 0 of the 208 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

99.5% for0.0% against0.5% other0.0% against management209 filers100.0% for0.0% against0.0% against management594,513,775 reported shares, counted once per item in this group
8

OTHERIssuer

OTHER: management items

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

54 vote records from 27 filers. 0 of the 27 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management27 filers100.0% for0.0% against0.0% against management22,342,575 reported shares, counted once per item in this group
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.

1 vote records from 1 filers. 0 of the 1 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management1 filers100.0% for0.0% against0.0% against management34,474 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
FidelityForNo reportFor
DimensionalForNo reportFor
State Street and SPDRForNo reportFor
Franklin TempletonForNo reportFor
InvescoForNo reportFor
EquitableForNo reportFor
Charles SchwabForNo reportFor
Nuveen and TIAAForNo reportFor
ProShares and ProFundsForNo reportFor
John Hancock and ManulifeForForFor
Morgan Stanley, Eaton Vance and CalvertForNo reportFor
J.P. MorganForForFor
Goldman SachsForNo reportFor
WisdomTreeForNo reportFor
PGIM and PrudentialForNo reportFor
Jackson National fundsForForFor
Northern Trust and FlexSharesForForFor
SEIForNo reportFor
T. Rowe PriceForNo reportFor
ThriventForNo reportFor
Lincoln FinancialForNo reportFor
VoyaForNo reportFor
First TrustForNo reportFor
Russell InvestmentsForNo reportFor
NationwideForNo reportFor
Victory CapitalForNo reportFor
Brighthouse FundsForNo reportFor
Columbia ThreadneedleForNo reportFor
BNY MellonForNo reportFor
PrincipalForNo reportFor
Capital Group and American FundsForNo reportFor
Pacific Life fundsForNo reportFor
Global XForNo reportFor
MFSForNo reportFor
TransamericaForNo reportFor
Federated HermesForNo reportFor
AllianceBernsteinForNo reportFor
Hartford FundsForNo reportFor
DWSForNo reportFor
PIMCOForNo reportFor
AllspringForNo reportFor
MassMutualForNo reportFor
VirtusForNo reportFor
Macquarie and Delaware FundsForNo reportFor
Janus HendersonForNo reportFor
Neuberger BermanForNo reportFor
Cohen & SteersForForFor

* 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 National Grid Plc meeting?

238 Form N-PX filers reported votes at the meeting of 10 Jul 2023. On say-on-pay, 2 of 41 voted against management (4.9%). 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 National Grid Plc 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 National Grid Plc

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing National Grid Plc with a meeting date within three days of 10 Jul 2023. 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.