Home / Companies / NESTLE S.A. / 16 Apr 2025
NESTLE S.A.: meeting of 16 Apr 2025
Votes reported on Form N-PX, item by item
535 Form N-PX filers reported votes at the NESTLE S.A. meeting of 16 Apr 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
DIRECTOR ELECTIONSIssuer
Director elections
14 nominees; 69.7% of reported votes for; 4 filers withheld from or voted against at least one nominee.
1,639 vote records from 84 filers. 0 of the 59 filers that marked the item either way voted against management. 25 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
819 vote records from 460 filers. 110 of the 423 filers that marked the item either way voted against management. 37 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
116 vote records from 82 filers. 0 of the 58 filers that marked the item either way voted against management. 24 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
203 vote records from 76 filers. 0 of the 53 filers that marked the item either way voted against management. 23 filers 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.
311 vote records from 82 filers. 2 of the 58 filers that marked the item either way voted against management. 24 filers 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.
789 vote records from 81 filers. 0 of the 57 filers that marked the item either way voted against management. 24 filers 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.
12 vote records from 11 filers. 0 of the 10 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.
31 vote records from 18 filers. 1 of the 16 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
OTHERSecurity holder
Other business
23 vote records from 21 filers. 5 of the 19 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 9. Proposal |
|---|---|---|---|---|
| Vanguard | Split or no vote | For | Split or no vote | No report |
| BlackRock and iShares | No report | For | No report | No report |
| Franklin Templeton | For | No report | For | No report |
| Charles Schwab | Split or no vote | No report | Split or no vote | No report |
| J.P. Morgan | No report | For | No report | No report |
| Goldman Sachs | For | No report | For | No report |
| PGIM and Prudential | Split or no vote | No report | Split or no vote | No report |
| Jackson National funds | For | For | For | Against |
| Northern Trust and FlexShares | No report | For | No report | No report |
| SEI | Split or no vote | No report | Split or no vote | No report |
| First Trust | No report | For | No report | No report |
| Russell Investments | Split or no vote | No report | Split or no vote | No report |
| Nationwide | For | No report | For | No report |
| Brighthouse Funds | For | No report | For | No report |
| Guggenheim and Rydex | For | No report | For | No report |
| MFS | For | No report | For | No report |
| Federated Hermes | For | No report | For | No report |
| Hartford Funds | Split or no vote | No report | Split or no vote | No report |
| MassMutual | Split or no vote | For | Split or no vote | No report |
| Neuberger Berman | For | No report | For | No report |
| American Beacon | For | No report | For | No report |
| Natixis and Loomis Sayles | No report | Against * | No report | No report |
| Baird | No report | For | No report | No 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 NESTLE S.A. meeting?
535 Form N-PX filers reported votes at the meeting of 16 Apr 2025. On say-on-pay, 110 of 423 voted against management (26.0%). One proposal 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 NESTLE S.A. 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 NESTLE S.A.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing NESTLE S.A. with a meeting date within three days of 16 Apr 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.