Home / Companies / NOVARTIS AG / 7 Mar 2025
NOVARTIS AG: meeting of 7 Mar 2025
Votes reported on Form N-PX, item by item
670 Form N-PX filers reported votes at the NOVARTIS AG meeting of 7 Mar 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
12 nominees; 38.6% of reported votes for; 21 filers withheld from or voted against at least one nominee.
5,889 vote records from 128 filers. 1 of the 99 filers that marked the item either way voted against management. 29 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
1,340 vote records from 564 filers. 18 of the 519 filers that marked the item either way voted against management. 45 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
576 vote records from 128 filers. 3 of the 100 filers that marked the item either way voted against management. 28 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
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
17 vote records from 7 filers. 0 of the 7 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.
1,169 vote records from 125 filers. 1 of the 97 filers that marked the item either way voted against management. 28 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.
651 vote records from 134 filers. 4 of the 106 filers that marked the item either way voted against management. 28 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.
2,415 vote records from 127 filers. 1 of the 99 filers that marked the item either way voted against management. 28 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.
49 vote records from 27 filers. 1 of the 25 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.
160 vote records from 33 filers. 1 of the 31 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 |
|---|---|---|---|
| Vanguard | Split or no vote | For | Split or no vote |
| BlackRock and iShares | For | For | For |
| Fidelity | For | No report | Split or no vote |
| 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 |
| 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 |
| Thrivent | No report | For | No report |
| First Trust | For | Against * | For |
| Russell Investments | Split or no vote | No report | Split or no vote |
| Nationwide | For | No report | Split or no vote |
| 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 | Split or no vote | No report | Split or no vote |
| 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 |
| Janus Henderson | For | No report | For |
| 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?
670 Form N-PX filers reported votes at the meeting of 7 Mar 2025. On say-on-pay, 18 of 519 voted against management (3.5%). 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 7 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.