Home / Companies / Varta AG / 11 Jul 2023
Varta AG: meeting of 11 Jul 2023
Votes reported on Form N-PX, item by item
24 Form N-PX filers reported votes at the Varta AG meeting of 11 Jul 2023. Their records fall into 8 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
1 nominee; 35.9% of reported votes for; 16 filers withheld from or voted against at least one nominee.
39 vote records from 22 filers. 16 of the 22 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
6 vote records from 6 filers. 4 of the 6 filers that marked the item either way voted against management.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
39 vote records from 22 filers. 0 of the 22 filers that marked the item either way voted against management.
EXTRAORDINARY TRANSACTIONSIssuer
EXTRAORDINARY TRANSACTIONS: management items
Management items in this category are shown together; filers word and number them differently.
35 vote records from 18 filers. 0 of the 18 filers that marked the item either way voted against management.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
82 vote records from 22 filers. 0 of the 22 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.
35 vote records from 18 filers. 16 of the 18 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.
156 vote records from 22 filers. 0 of the 22 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.
26 vote records from 6 filers. No filer marked a management recommendation, so no against-management figure is reported. 6 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | Against * | No report | For |
| BlackRock and iShares | For | No report | For |
| Fidelity | Against * | No report | For |
| Dimensional | Against * | No report | For |
| State Street and SPDR | For | No report | For |
| Charles Schwab | Against * | No report | For |
| Nuveen and TIAA | For | No report | For |
| John Hancock and Manulife | Against * | Against * | For |
| WisdomTree | Against * | No report | For |
| Northern Trust and FlexShares | For | For | For |
| Lincoln Financial | Against * | No report | For |
| Brighthouse Funds | Against * | No report | For |
| Global X | Against * | 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 Varta AG meeting?
24 Form N-PX filers reported votes at the meeting of 11 Jul 2023. On say-on-pay, 4 of 6 voted against management (66.7%). 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 Varta AG 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 Varta AG
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Varta AG with a meeting date within three days of 11 Jul 2023. 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 30 Sep 2026.