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Form N-PX · fund registrantSEC filer no. 1175813

CONESTOGA FUNDS

fund voting report

Vote records reported
980year to 30 June 2026
Against management
2.9%28 of 966 marked votes
Say-on-pay support
97.3%for, of for + against + abstain
Shareholder-proposal support
not reportedtoo few votes to show
96.8% for0.9% against2.2% other2.9% against management980 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

CONESTOGA FUNDS reported 980 vote records for the year to 30 June 2026. It marked 2.9% of its votes as cast against management (28 of 966), 3.3 percentage points below the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 2.8%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 97.3% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%).

By category, votes against management were most frequent in COMPENSATION (17.4% of 23), SECTION 14A SAY-ON-PAY VOTES (3.3% of 120) and DIRECTOR ELECTIONS (2.1% of 677).

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share2.9%6.2%10.6%
Say-on-pay support rate97.3%91.6%86.0%
Shareholder-proposal support ratenot reported27.5%33.9%
Shares on loan, share of shares held0.00%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS67966522.1%
SECTION 14A SAY-ON-PAY VOTES12010933.3%
AUDIT-RELATED12312101.7%
SHAREHOLDER RIGHTS AND DEFENSES3300.0%
CAPITAL STRUCTURE111100.0%
COMPENSATION2521417.4%
CORPORATE GOVERNANCE2121015.8%
OTHER SOCIAL ISSUES110100.0%
OTHER220not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20241,3474.9%90.6%46.2%
year to 30 June 20251,2394.1%88.6%50.0%
year to 30 June 20269802.9%97.3%not reported

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, CONESTOGA FUNDS voted against management on 3 of the 77 it marked either way (3.9%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 3 proposals from security holders that could be told apart in the filings and on which it cast a vote, CONESTOGA FUNDS voted for 3 (100.0%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Tyler Technologies, Inc.5 May 2026Shareholder Proposal Regarding Political Spending.
Jack Henry & Associates, Inc.12 Nov 2025Stockholder proposal titled "Improved Shareholder Ability to Call for a Special Shareholder Meeting"
West Pharmaceutical Services, Inc.4 May 2026Shareholder proposal regarding an independent Board Chair policy.

Shares on loan

CONESTOGA FUNDS reported no shares on loan for the year to 30 June 2026. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Fund series in this filing

4 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Conestoga SMid Cap Fund3474.4%94.9%not reported
Conestoga Small Cap Fund3471.8%97.6%not reported
Conestoga Discovery Fund2071.9%100.0%not reported
Conestoga Mid Cap Fund793.8%100.0%not reported

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did CONESTOGA FUNDS vote on executive pay?

In the year to 30 June 2026 CONESTOGA FUNDS reported 112 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 109 were for (97.3%), 3 against and 0 abstentions. Counting one item per company meeting, it voted against management on 3 of the 77 say-on-pay items it marked either way.

How often does CONESTOGA FUNDS vote against management?

2.9% of the time in the year to 30 June 2026: 28 of the 966 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did CONESTOGA FUNDS support shareholder proposals on climate?

It reported no votes on security-holder proposals in the category ENVIRONMENT OR CLIMATE for the year to 30 June 2026.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by CONESTOGA FUNDS (filer no. 1175813), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.