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Home / Companies / TERNA Rete Elettrica Nazionale SpA / 12 May 2026

Meeting · year to 30 June 2026135 filers reporting

TERNA Rete Elettrica Nazionale SpA: meeting of 12 May 2026

Votes reported on Form N-PX, item by item

135 Form N-PX filers reported votes at the TERNA Rete Elettrica Nazionale SpA meeting of 12 May 2026. Their records fall into 16 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

1

DIRECTOR ELECTIONSIssuer

Director elections

1 nominee; 88.2% of reported votes for; 3 filers withheld from or voted against at least one nominee.

77 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.

95.2% for0.0% against4.8% other0.0% against management21 filers
2

DIRECTOR ELECTIONSSecurity holder

Director elections (nominees put forward by security holders)

3 nominees; 68.3% of reported votes for; 97 filers withheld from or voted against at least one nominee.

559 vote records from 117 filers. 0 of the 3 filers that marked the item either way voted against management. 114 filers reported this item without a management mark.

96.6% for2.6% against0.9% other0.0% against management117 filers
3

SECTION 14A SAY-ON-PAY VOTESIssuer

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

205 vote records from 40 filers. 0 of the 36 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.

87.5% for0.0% against12.5% other0.0% against management40 filers93.1% for6.9% against6.9% against management261,356,940 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

239 vote records from 116 filers. 0 of the 114 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

99.1% for0.0% against0.9% other0.0% against management116 filers100.0% for0.0% against0.0% against management175,392,831 reported shares, counted once per item in this group
5

COMPENSATIONIssuer

COMPENSATION: management items

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

794 vote records from 118 filers. 1 of the 116 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

98.3% for0.8% against0.8% other0.9% against management118 filers99.8% for0.2% against0.2% against management616,942,946 reported shares, counted once per item in this group
6

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

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

451 vote records from 119 filers. 1 of the 117 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

98.3% for0.0% against1.7% other0.9% against management119 filers99.7% for0.3% against0.0% other0.1% against management331,797,227 reported shares, counted once per item in this group
7

OTHERIssuer

OTHER: management items

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

119 vote records from 14 filers. 0 of the 13 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

92.9% for0.0% against7.1% other0.0% against management14 filers100.0% for0.0% against0.0% against management5,732,125 reported shares, counted once per item in this group
8

CORPORATE GOVERNANCESecurity holder

Shareholder proposal: CORPORATE GOVERNANCE (A)

161 vote records from 94 filers. No filer marked a management recommendation, so no against-management figure is reported. 94 filers reported this item without a management mark.

100.0% for0.0% against94 filers100.0% for0.0% against130,793,782 reported shares
9

CORPORATE GOVERNANCESecurity holder

Shareholder proposal: CORPORATE GOVERNANCE (B)

161 vote records from 94 filers. No filer marked a management recommendation, so no against-management figure is reported. 94 filers reported this item without a management mark.

100.0% for0.0% against94 filers100.0% for0.0% against130,793,782 reported shares
10

CORPORATE GOVERNANCESecurity holder

Fix Board Terms for Directors

161 vote records from 94 filers. No filer marked a management recommendation, so no against-management figure is reported. 94 filers reported this item without a management mark.

95.7% for4.3% against94 filers99.8% for0.2% against130,793,782 reported shares
11

CORPORATE GOVERNANCESecurity holder

Fix Number of Directors

161 vote records from 94 filers. No filer marked a management recommendation, so no against-management figure is reported. 94 filers reported this item without a management mark.

97.9% for2.1% against94 filers61.0% for39.0% against130,793,782 reported shares
12

AUDIT-RELATEDSecurity holder

Shareholder proposal: AUDIT-RELATED (A)

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

100.0% for0.0% against0.0% against management87 filers100.0% for0.0% against0.0% against management129,865,564 reported shares
13

AUDIT-RELATEDSecurity holder

Shareholder proposal: AUDIT-RELATED (B)

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

0.0% for100.0% against0.0% against management87 filers0.0% for100.0% against0.0% against management129,865,564 reported shares
14

AUDIT-RELATEDSecurity holder

Shareholder proposal: AUDIT-RELATED (C)

51 vote records from 22 filers. 1 of the 1 filers that marked the item either way voted against management. 21 filers reported this item without a management mark.

90.9% for0.0% against9.1% other100.0% against management22 filers99.1% for0.0% against0.9% other100.0% against management36,274,167 reported shares
15

AUDIT-RELATEDSecurity holder

Shareholder proposal: AUDIT-RELATED (D)

51 vote records from 22 filers. 1 of the 1 filers that marked the item either way voted against management. 21 filers reported this item without a management mark.

4.5% for81.8% against13.6% other100.0% against management22 filers0.9% for98.4% against0.7% other100.0% against management36,274,167 reported shares
16

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.

9 vote records from 5 filers. No filer marked a management recommendation, so no against-management figure is reported. 5 filers reported this item without a management mark.

20.0% for0.0% against80.0% other5 filers52.5% for47.5% against436,393 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Directors3. Say-on-pay8. Proposal9. Proposal10. Proposal11. Proposal12. Proposal
VanguardNo reportForNo reportForForForForFor
BlackRock and iSharesForForForNo reportNo reportNo reportNo reportNo report
FidelityNo reportForNo reportForForForForFor
DimensionalNo reportForNo reportForForForForFor
State Street and SPDRNo reportForNo reportForForForForFor
American CenturyNo reportForNo reportForForForForFor
Franklin TempletonNo reportForNo reportForForForForFor
InvescoNo reportForNo reportForForForForFor
EquitableNo reportForNo reportForForForForFor
Nuveen and TIAANo reportForNo reportForForForForFor
ProShares and ProFundsNo reportForNo reportForForForForFor
John Hancock and ManulifeForForForNo reportNo reportNo reportNo reportNo report
Morgan Stanley, Eaton Vance and CalvertNo reportForNo reportForForAgainstForFor
J.P. MorganForForForForForForForNo report
Goldman SachsNo reportForNo reportForForForForFor
WisdomTreeNo reportForNo reportForForForForFor
Jackson National fundsForForForNo reportNo reportNo reportNo reportNo report
Northern Trust and FlexSharesNo reportForForForForForForFor
T. Rowe PriceNo reportForNo reportForForForForFor
ThriventNo reportForNo reportForForForForFor
Lincoln FinancialNo reportForNo reportForForForForNo report
VoyaNo reportForNo reportForForForForFor
First TrustNo reportForNo reportForForForForNo report
NationwideNo reportForNo reportForForForForFor
Victory CapitalNo reportForNo reportForForForForFor
Brighthouse FundsNo reportForNo reportForForForForNo report
BNY MellonNo reportForNo reportForForForForFor
PrincipalNo reportForNo reportForForForForFor
TransamericaNo reportForNo reportForForForForFor
AllianceBernsteinNo reportForNo reportForForForForFor
DWSNo reportForNo reportForForForForFor
PIMCONo reportForNo reportForForForForFor
VirtusNo reportForNo reportForForForForFor

* 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 TERNA Rete Elettrica Nazionale SpA meeting?

135 Form N-PX filers reported votes at the meeting of 12 May 2026. On say-on-pay, 0 of 36 voted against management (0.0%). 8 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 TERNA Rete Elettrica Nazionale SpA 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 TERNA Rete Elettrica Nazionale SpA

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing TERNA Rete Elettrica Nazionale SpA with a meeting date within three days of 12 May 2026. 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.