Home / Companies / Naturgy Energy Group SA / 25 Mar 2025
Naturgy Energy Group SA: meeting of 25 Mar 2025
Votes reported on Form N-PX, item by item
54 Form N-PX filers reported votes at the Naturgy Energy Group SA meeting of 25 Mar 2025. Their records fall into 10 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
9 nominees; 28.5% of reported votes for; 40 filers withheld from or voted against at least one nominee.
769 vote records from 44 filers. 37 of the 43 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
78 vote records from 18 filers. 15 of the 16 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
102 vote records from 44 filers. 0 of the 43 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
EXTRAORDINARY TRANSACTIONSIssuer
EXTRAORDINARY TRANSACTIONS: management items
Management items in this category are shown together; filers word and number them differently.
57 vote records from 33 filers. 0 of the 33 filers that marked the item either way voted against management.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
278 vote records from 44 filers. 0 of the 43 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
313 vote records from 45 filers. 39 of the 44 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
676 vote records from 44 filers. 0 of the 43 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
OTHER SOCIAL ISSUESIssuer
OTHER SOCIAL ISSUES: management items
Management items in this category are shown together; filers word and number them differently.
17 vote records from 8 filers. 0 of the 7 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
93 vote records from 7 filers. 0 of the 6 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
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. 1 of the 1 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | Against * | No report | For |
| BlackRock and iShares | For | Against * | For |
| Fidelity | Against * | No report | For |
| Dimensional | Against * | No report | For |
| State Street and SPDR | Against * | No report | For |
| American Century | Against * | No report | For |
| Franklin Templeton | Against * | No report | For |
| Charles Schwab | For | No report | For |
| ProShares and ProFunds | Against * | No report | For |
| John Hancock and Manulife | Against * | Against * | Split or no vote |
| Morgan Stanley, Eaton Vance and Calvert | Against * | No report | For |
| J.P. Morgan | Against * | Against * | Split or no vote |
| Goldman Sachs | Against * | No report | For |
| WisdomTree | Against * | No report | For |
| Jackson National funds | Against * | Against * | Split or no vote |
| Northern Trust and FlexShares | For | For | For |
| Lincoln Financial | Against * | No report | For |
| First Trust | Against * | No report | For |
| Russell Investments | For | No report | For |
| BNY Mellon | Against * | No report | For |
| PIMCO | Against * | No report | For |
| Allspring | Against * | No report | For |
| Cohen & Steers | Against * | No report | For |
* 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 Naturgy Energy Group SA meeting?
54 Form N-PX filers reported votes at the meeting of 25 Mar 2025. On say-on-pay, 15 of 16 voted against management (93.8%). 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 Naturgy Energy Group 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 Naturgy Energy Group SA
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Naturgy Energy Group SA with a meeting date within three days of 25 Mar 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.