Home / Companies / Petroleo Brasileiro SA / 25 Apr 2024
Petroleo Brasileiro SA: meeting of 25 Apr 2024
Votes reported on Form N-PX, item by item
119 Form N-PX filers reported votes at the Petroleo Brasileiro SA meeting of 25 Apr 2024. Their records fall into 11 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
16 nominees; 36.1% of reported votes for; 66 filers withheld from or voted against at least one nominee.
1,618 vote records from 70 filers. 6 of the 69 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
DIRECTOR ELECTIONSSecurity holder
Director elections (nominees put forward by security holders)
2 nominees; 66.6% of reported votes for; 93 filers withheld from or voted against at least one nominee.
487 vote records from 100 filers. 0 of the 4 filers that marked the item either way voted against management. 96 filers reported this item without a management mark.
2 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
93 vote records from 21 filers. 0 of the 20 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
174 vote records from 66 filers. 2 of the 19 filers that marked the item either way voted against management. 47 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.
102 vote records from 61 filers. 0 of the 60 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.
185 vote records from 61 filers. 46 of the 60 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.
905 vote records from 111 filers. 1 of the 62 filers that marked the item either way voted against management. 49 filers reported this item without a management mark.
2 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
194 vote records from 17 filers. 0 of the 9 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (A)
154 vote records from 91 filers. No filer marked a management recommendation, so no against-management figure is reported. 91 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
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (B)
154 vote records from 91 filers. No filer marked a management recommendation, so no against-management figure is reported. 91 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
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (C)
87 vote records from 51 filers. 0 of the 4 filers that marked the item either way voted against management. 47 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Directors | 3. Auditor | 9. Proposal | 10. Proposal | 11. Proposal |
|---|---|---|---|---|---|---|
| Vanguard | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| BlackRock and iShares | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Fidelity | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Dimensional | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| State Street and SPDR | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Franklin Templeton | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Invesco | For | For | No report | Abstain or withhold | For | For |
| Equitable | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Nuveen and TIAA | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| John Hancock and Manulife | Abstain or withhold * | No report | For | No report | No report | No report |
| Morgan Stanley, Eaton Vance and Calvert | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| J.P. Morgan | Abstain or withhold * | No report | For | No report | No report | No report |
| Goldman Sachs | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| WisdomTree | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| PGIM and Prudential | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Jackson National funds | Abstain or withhold * | No report | For | No report | No report | No report |
| Northern Trust and FlexShares | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| T. Rowe Price | For | For | No report | No report | No report | For |
| Thrivent | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Lincoln Financial | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Voya | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| First Trust | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Nationwide | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Victory Capital | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Brighthouse Funds | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Columbia Threadneedle | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Principal | Split or no vote | Split or no vote | Split or no vote | Abstain or withhold | For | No report |
| Pacific Life funds | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| MFS | Abstain or withhold | For | No report | No report | No report | For |
| AllianceBernstein | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| DWS | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| PIMCO | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Allspring | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Macquarie and Delaware Funds | Abstain or withhold | For | No report | Abstain or withhold | For | For |
| Lord Abbett | No report | Split or no vote | No report | Abstain or withhold | For | No report |
| Dodge & Cox | Abstain or withhold | For | No report | No report | 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 Petroleo Brasileiro SA meeting?
119 Form N-PX filers reported votes at the meeting of 25 Apr 2024. 3 proposals 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 Petroleo Brasileiro 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 Petroleo Brasileiro SA
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Petroleo Brasileiro SA with a meeting date within three days of 25 Apr 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.