Home / Companies / NOVARTIS AG / 5 Mar 2024
NOVARTIS AG: meeting of 5 Mar 2024
Votes reported on Form N-PX, item by item
697 Form N-PX filers reported votes at the NOVARTIS AG meeting of 5 Mar 2024. 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
13 nominees; 70.1% of reported votes for; 37 filers withheld from or voted against at least one nominee.
3,665 vote records from 134 filers. 1 of the 104 filers that marked the item either way voted against management. 30 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
2,202 vote records from 584 filers. 16 of the 540 filers that marked the item either way voted against management. 44 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
273 vote records from 132 filers. 2 of the 102 filers that marked the item either way voted against management. 30 filers reported this item without a management mark.
0 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
506 vote records from 131 filers. 0 of the 101 filers that marked the item either way voted against management. 30 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.
734 vote records from 135 filers. 1 of the 106 filers that marked the item either way voted against management. 29 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.
1,762 vote records from 129 filers. 0 of the 99 filers that marked the item either way voted against management. 30 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.
56 vote records from 29 filers. 0 of the 27 filers that marked the item either way voted against management. 2 filers 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.
201 vote records from 37 filers. 1 of the 34 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESSecurity holder
Advisory vote on the 2023 Compensation Report.
2 vote records from 2 filers. 0 of the 2 filers that marked the item either way voted against management.
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.
15 vote records from 3 filers. 0 of the 3 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 | For | Abstain or withhold * | For |
| BlackRock and iShares | For | No report | For |
| Fidelity | For | No report | For |
| Dimensional | For | No report | For |
| State Street and SPDR | For | No report | For |
| American Century | For | No report | For |
| Franklin Templeton | For | No report | For |
| Invesco | For | No report | For |
| Equitable | For | No report | For |
| Charles Schwab | Split or no vote | No report | Split or no vote |
| John Hancock and Manulife | For | For | For |
| J.P. Morgan | No report | For | No report |
| Goldman Sachs | No report | Split or no vote | No report |
| PGIM and Prudential | For | No report | For |
| Jackson National funds | For | For | For |
| Northern Trust and FlexShares | No report | For | No report |
| SEI | Split or no vote | No report | Split or no vote |
| First Trust | For | No report | For |
| Russell Investments | Split or no vote | No report | Split or no vote |
| Nationwide | For | No report | For |
| Victory Capital | For | No report | For |
| Brighthouse Funds | For | No report | For |
| Guggenheim and Rydex | For | No report | For |
| Columbia Threadneedle | For | No report | For |
| Principal | For | No report | For |
| Capital Group and American Funds | For | No report | For |
| Pacific Life funds | Split or no vote | No report | Split or no vote |
| Federated Hermes | For | No report | For |
| Hartford Funds | For | No report | For |
| DWS | For | No report | For |
| MassMutual | For | For | For |
| VanEck | For | No report | For |
| Macquarie and Delaware Funds | Split or no vote | No report | Split or no vote |
| Janus Henderson | For | No report | For |
| Neuberger Berman | Split or no vote | No report | Split or no vote |
| Natixis and Loomis Sayles | For | For | For |
| Dodge & Cox | For | No report | For |
| Baird | No report | For | 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 NOVARTIS AG meeting?
697 Form N-PX filers reported votes at the meeting of 5 Mar 2024. On say-on-pay, 16 of 540 voted against management (3.0%). 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 NOVARTIS AG 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 NOVARTIS AG
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing NOVARTIS AG with a meeting date within three days of 5 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.