Home / Companies / Petroleo Brasileiro SA / 16 Apr 2025
Petroleo Brasileiro SA: meeting of 16 Apr 2025
Votes reported on Form N-PX, item by item
100 Form N-PX filers reported votes at the Petroleo Brasileiro SA meeting of 16 Apr 2025. 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
17 nominees; 37.9% of reported votes for; 55 filers withheld from or voted against at least one nominee.
1,497 vote records from 58 filers. 11 of the 58 filers that marked the item either way voted against management.
DIRECTOR ELECTIONSSecurity holder
Director elections (nominees put forward by security holders)
2 nominees; 92.8% of reported votes for; 7 filers withheld from or voted against at least one nominee.
150 vote records from 46 filers. 1 of the 3 filers that marked the item either way voted against management. 43 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
42 vote records from 17 filers. 0 of the 16 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.
127 vote records from 54 filers. 1 of the 11 filers that marked the item either way voted against management. 43 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.
128 vote records from 57 filers. 1 of the 57 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
191 vote records from 57 filers. 39 of the 57 filers that marked the item either way voted against management.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
883 vote records from 59 filers. 0 of the 59 filers that marked the item either way voted against management.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
131 vote records from 14 filers. 0 of the 8 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (A)
116 vote records from 70 filers. 1 of the 1 filers that marked the item either way voted against management. 69 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (B)
70 vote records from 45 filers. 1 of the 3 filers that marked the item either way voted against management. 42 filers 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.
6 vote records from 2 filers. 1 of the 1 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Directors | 3. Auditor | 9. Proposal | 10. Proposal |
|---|---|---|---|---|---|
| Vanguard | Abstain or withhold | For | No report | For | For |
| BlackRock and iShares | Abstain or withhold * | No report | No report | No report | No report |
| Fidelity | Abstain or withhold | For | No report | For | For |
| Dimensional | Abstain or withhold | For | No report | For | For |
| State Street and SPDR | Abstain or withhold | For | No report | For | For |
| Franklin Templeton | Abstain or withhold | For | No report | For | For |
| Invesco | No report | No report | No report | Abstain or withhold | No report |
| Equitable | Abstain or withhold | For | No report | For | For |
| Nuveen and TIAA | Abstain or withhold | For | No report | For | For |
| John Hancock and Manulife | Abstain or withhold * | No report | For | No report | No report |
| Morgan Stanley, Eaton Vance and Calvert | Abstain or withhold | For | No report | For | For |
| J.P. Morgan | Abstain or withhold * | No report | For | No report | No report |
| Goldman Sachs | No report | No report | No report | For | No report |
| Jackson National funds | Abstain or withhold * | No report | For | No report | No report |
| Northern Trust and FlexShares | Abstain or withhold | For | No report | For | For |
| T. Rowe Price | For | For | No report | No report | For |
| Thrivent | No report | No report | No report | For | No report |
| Lincoln Financial | Abstain or withhold | For | No report | For | For |
| Voya | Abstain or withhold | For | No report | For | For |
| First Trust | No report | No report | No report | For | No report |
| Nationwide | No report | No report | No report | For | No report |
| Victory Capital | No report | No report | No report | For | No report |
| Brighthouse Funds | Abstain or withhold | For | No report | For | For |
| Columbia Threadneedle | No report | No report | No report | For | No report |
| Principal | No report | No report | No report | For | No report |
| Pacific Life funds | Abstain or withhold | For | No report | For | For |
| MFS | Abstain or withhold | For | No report | No report | For |
| AllianceBernstein | No report | No report | No report | For | No report |
| DWS | Abstain or withhold | For | No report | For | For |
| PIMCO | Abstain or withhold | For | No report | For | For |
| Allspring | No report | No report | No report | For | No report |
| Macquarie and Delaware Funds | Abstain or withhold | For | No report | For | For |
| Lord Abbett | No report | No report | No report | For | No report |
| Dodge & Cox | Abstain or withhold | For | 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?
100 Form N-PX filers reported votes at the meeting of 16 Apr 2025. 2 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 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.