Home / Companies / Westpac Banking Corporation / 14 Dec 2023
Westpac Banking Corporation: meeting of 14 Dec 2023
Votes reported on Form N-PX, item by item
125 Form N-PX filers reported votes at the Westpac Banking Corporation meeting of 14 Dec 2023. Their records fall into 9 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
3 nominees; 98.6% of reported votes for; 7 filers withheld from or voted against at least one nominee.
588 vote records from 109 filers. 0 of the 109 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
40 vote records from 26 filers. 6 of the 24 filers that marked the item either way voted against management. 2 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.
16 vote records from 10 filers. 0 of the 10 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.
363 vote records from 100 filers. 1 of the 100 filers that marked the item either way voted against management.
ENVIRONMENT OR CLIMATEIssuer
ENVIRONMENT OR CLIMATE: management items
Management items in this category are shown together; filers word and number them differently.
195 vote records from 108 filers. 16 of the 108 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.
23 vote records from 12 filers. 1 of the 2 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.
ENVIRONMENT OR CLIMATESecurity holder
Approve Transition Plan Assessments
178 vote records from 97 filers. 23 of the 97 filers that marked the item either way voted against management.
CORPORATE GOVERNANCESecurity holder
Approve the Amendments to the Company's Constitution
178 vote records from 97 filers. 4 of the 97 filers that marked the item either way voted against management.
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.
30 vote records from 11 filers. 2 of the 11 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 7. Proposal | 8. Proposal |
|---|---|---|---|---|
| Vanguard | For | No report | Against | Against |
| BlackRock and iShares | For | No report | Against | Against |
| Fidelity | For | No report | Against | Against |
| Dimensional | For | No report | Against | Against |
| State Street and SPDR | For | No report | Against | Against |
| American Century | For | No report | Against | Against |
| Franklin Templeton | For | No report | For * | Against |
| Invesco | For | No report | Against | Against |
| Equitable | For | No report | Against | Against |
| Charles Schwab | For | No report | No report | No report |
| Nuveen and TIAA | For | No report | Against | Against |
| John Hancock and Manulife | For | For | For * | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For * | Abstain or withhold * |
| J.P. Morgan | For | Against * | Against | Against |
| Goldman Sachs | For | No report | Against | Against |
| WisdomTree | For | No report | Against | Against |
| PGIM and Prudential | For | No report | Against | Against |
| Jackson National funds | For | For | Against | Against |
| Northern Trust and FlexShares | For | No report | For * | Against |
| SEI | For | No report | No report | No report |
| T. Rowe Price | For | No report | Against | Against |
| Thrivent | For | No report | Against | Against |
| Lincoln Financial | For | No report | Against | Against |
| Voya | For | No report | Against | Against |
| First Trust | For | No report | Against | Against |
| Russell Investments | For | No report | No report | No report |
| Nationwide | For | No report | For * | Against |
| Victory Capital | For | No report | For * | Against |
| Brighthouse Funds | For | No report | Against | Against |
| Columbia Threadneedle | For | No report | Against | Against |
| BNY Mellon | For | No report | Against | Against |
| Principal | For | No report | Against | Against |
| Pacific Life funds | For | No report | Against | Against |
| Global X | For | No report | No report | No report |
| Transamerica | For | No report | Against | Against |
| AllianceBernstein | For | No report | Against | Against |
| Hartford Funds | For | No report | No report | No report |
| PIMCO | For | No report | For * | Against |
| Allspring | For | No report | Against | Against |
| MassMutual | For | For | Against | Against |
| VanEck | For | No report | No report | No report |
* 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 Westpac Banking Corporation meeting?
125 Form N-PX filers reported votes at the meeting of 14 Dec 2023. On say-on-pay, 6 of 24 voted against management (25.0%). 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 Westpac Banking Corporation 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 Westpac Banking Corporation
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Westpac Banking Corporation with a meeting date within three days of 14 Dec 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 23 Sep 2026.