Home / Companies / SEB SA / 23 May 2024

Meeting · year to 30 June 2024103 filers reporting

SEB SA: meeting of 23 May 2024

Votes reported on Form N-PX, item by item

103 Form N-PX filers reported votes at the SEB SA meeting of 23 May 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

4 nominees; 34.3% of reported votes for; 86 filers withheld from or voted against at least one nominee.

662 vote records from 88 filers. 58 of the 87 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

9.1% for67.0% against23.9% other66.7% against management88 filers

DIRECTOR ELECTIONSSecurity holder

Director elections (nominees put forward by security holders)

1 nominee; 27.5% of reported votes for; 64 filers withheld from or voted against at least one nominee.

163 vote records from 86 filers. 21 of the 85 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

24.4% for74.4% against1.2% other24.7% against management86 filers

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

76 vote records from 24 filers. 13 of the 22 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

25.0% for58.3% against16.7% other59.1% against management24 filers7.2% for92.8% against92.8% against management901,472 reported shares

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

34 vote records from 9 filers. 0 of the 9 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management9 filers100.0% for0.0% against0.0% against management272,586 reported shares

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

1,505 vote records from 87 filers. 0 of the 86 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

98.9% for0.0% against1.1% other0.0% against management87 filers92.9% for7.1% against7.1% against management17,466,262 reported shares, counted once per item in this group

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

1,265 vote records from 89 filers. 0 of the 88 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

95.5% for1.1% against3.4% other0.0% against management89 filers70.8% for29.2% against29.1% against management15,121,770 reported shares, counted once per item in this group

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

496 vote records from 79 filers. 1 of the 79 filers that marked the item either way voted against management.

100.0% for0.0% against1.3% against management79 filers100.0% for0.0% against0.4% against management6,475,543 reported shares, counted once per item in this group

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

396 vote records from 74 filers. 0 of the 73 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

98.6% for0.0% against1.4% other0.0% against management74 filers99.9% for0.1% against0.1% against management2,896,987 reported shares, counted once per item in this group

CORPORATE GOVERNANCESecurity holder

Amend Article 17 of Bylaws Re: Age Limit of Directors

309 vote records from 86 filers. 4 of the 85 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

3.5% for95.3% against1.2% other4.7% against management86 filers0.2% for99.8% against0.3% against management3,681,811 reported shares

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.

17 vote records from 9 filers. 1 of the 9 filers that marked the item either way voted against management.

0.0% for100.0% against11.1% against management9 filers0.0% for100.0% against3.0% against management136,293 reported shares, counted once per item in this group

How the largest families voted

Family	1. Directors	2. Directors	3. Say-on-pay	4. Auditor	9. Proposal
Vanguard	For	Against	No report	No report	Against
BlackRock and iShares	Split or no vote	For *	No report	No report	Against
Fidelity	Against *	For *	No report	No report	Against
Dimensional	Against *	Against	No report	No report	Against
State Street and SPDR	Against *	Against	No report	No report	Against
American Century	Against *	Against	No report	No report	Against
Franklin Templeton	Against *	Against	No report	No report	Against
Invesco	Split or no vote	For *	No report	No report	Against
Equitable	Split or no vote	Against	No report	No report	Against
Charles Schwab	Split or no vote	For *	No report	For	Against
Nuveen and TIAA	Against *	Against	No report	No report	Against
John Hancock and Manulife	Against *	Against	Against *	No report	Against
Morgan Stanley, Eaton Vance and Calvert	Against *	Against	No report	No report	Against
J.P. Morgan	Split or no vote	For *	Against *	No report	Against
Goldman Sachs	Against *	Against	No report	No report	Against
WisdomTree	Against *	Against	No report	No report	Against
PGIM and Prudential	Against *	Against	No report	For	Against
Northern Trust and FlexShares	For	Against	For	No report	Against
SEI	Split or no vote	For *	No report	For	Against
T. Rowe Price	Against *	Against	No report	No report	For *
Thrivent	Against *	Against	No report	No report	Against
Lincoln Financial	Against *	Against	No report	No report	Against
Voya	Against *	Against	No report	No report	Against
Russell Investments	For	For *	No report	For	Against
Nationwide	Against *	Against	No report	No report	Against
Brighthouse Funds	Against *	Against	No report	No report	Against
BNY Mellon	Against *	Against	No report	No report	Against
Principal	Against *	Against	No report	No report	Against
MFS	Against *	Against	No report	No report	Against
Transamerica	Against *	Against	No report	No report	Against
AllianceBernstein	Split or no vote	Against	No report	No report	Against
PIMCO	Against *	Against	No report	No report	Against
MassMutual	No report	No report	Against	No report	No report
Harbor Funds	Against *	Against	Against *	No report	Against

* 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 SEB SA meeting?

103 Form N-PX filers reported votes at the meeting of 23 May 2024. On say-on-pay, 13 of 22 voted against management (59.1%). 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 SEB 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 SEB SA

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing SEB SA with a meeting date within three days of 23 May 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.