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Home / Companies / TOTVS SA / 23 Apr 2025

Meeting · year to 30 June 202597 filers reporting

TOTVS SA: meeting of 23 Apr 2025

Votes reported on Form N-PX, item by item

97 Form N-PX filers reported votes at the TOTVS SA meeting of 23 Apr 2025. Their records fall into 7 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; 0.0% of reported votes for; 10 filers withheld from or voted against at least one nominee.

24 vote records from 10 filers. No filer marked a management recommendation, so no against-management figure is reported. 10 filers reported this item without a management mark.

0.0% for10.0% against90.0% other10 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

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

26 vote records from 2 filers. 0 of the 2 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management2 filers91.0% for3.0% against6.0% other9.0% against management7,034,131 reported shares
3

SHAREHOLDER RIGHTS AND DEFENSESIssuer

SHAREHOLDER RIGHTS AND DEFENSES: management items

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

30 vote records from 13 filers. 12 of the 13 filers that marked the item either way voted against management.

7.7% for0.0% against92.3% other92.3% against management13 filers0.2% for0.0% against99.8% other99.8% against management14,711,842 reported shares, counted once per item in this group
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

313 vote records from 95 filers. 0 of the 94 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 management95 filers92.3% for0.0% against7.7% other7.7% against management246,643,393 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.

313 vote records from 95 filers. 11 of the 94 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

42.1% for11.6% against46.3% other11.7% against management95 filers71.6% for28.3% against0.0% other28.4% against management246,643,393 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.

1,000 vote records from 95 filers. 0 of the 94 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 management95 filers75.6% for0.6% against23.8% other27.2% against management715,310,349 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.

95 vote records from 13 filers. 0 of the 13 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management13 filers100.0% for0.0% against0.0% against management14,711,842 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors
VanguardAbstain or withhold
Charles SchwabAbstain or withhold
SEIAbstain or withhold
NationwideAbstain or withhold
Federated HermesAbstain or withhold
Hartford FundsAbstain or withhold

* 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 TOTVS SA meeting?

97 Form N-PX filers reported votes at the meeting of 23 Apr 2025. On say-on-pay, 0 of 2 voted against management (0.0%). 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 TOTVS 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 TOTVS SA

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