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Form N-PX · fund registrantSEC filer no. 816753

PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC.

fund voting report, part of PGIM and Prudential

Vote records reported
785year to 30 June 2026
Against management
2.1%16 of 775 marked votes
Say-on-pay support
94.6%for, of for + against + abstain
Shareholder-proposal support
27.8%for, of for + against + abstain
95.7% for3.6% against0.8% other2.1% against management785 votes

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

For the year to 30 June 2026, PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. reported 785 vote records on Form N-PX. 16 of the 775 votes that were marked for or against management went against management: 2.1%, 4.2 percentage points below the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 1.3%. 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 94.6% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 27.8% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in COMPENSATION (8.5% of 47), CORPORATE GOVERNANCE (6.7% of 60) and SECTION 14A SAY-ON-PAY VOTES (4.9% of 41).

It reported 2.2 million shares out on loan at record dates, 0.63% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

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 share2.1%6.2%10.6%
Say-on-pay support rate94.6%91.6%86.0%
Shareholder-proposal support rate27.8%27.5%33.9%
Shares on loan, share of shares held0.63%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 ELECTIONS47046620.9%
SECTION 14A SAY-ON-PAY VOTES413524.9%
AUDIT-RELATED666600.0%
SHAREHOLDER RIGHTS AND DEFENSES55020.0%
EXTRAORDINARY TRANSACTIONS8800.0%
CAPITAL STRUCTURE666510.0%
COMPENSATION474348.5%
CORPORATE GOVERNANCE655876.7%
ENVIRONMENT OR CLIMATE10190.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE2020.0%
OTHER SOCIAL ISSUES44025.0%
OTHER101not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20247404.1%93.9%30.0%
year to 30 June 20255803.0%87.5%50.0%
year to 30 June 20267852.1%94.6%27.8%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. voted against management on 2 of the 37 it marked either way (5.4%) in the year to 30 June 2026.

Shareholder proposals it supported

Of 18 proposals from security holders that could be told apart in the filings and on which it cast a vote, PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. voted for 5 (27.8%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
CHEVRON CORPORATION27 May 2026Adopt an Independent Chair
ConocoPhillips12 May 2026Stockholder Proposal - Independent Board Chairman.
EXXON MOBIL CORPORATION27 May 2026Require Independent Board Chair
Steel Dynamics, Inc.6 May 2026Shareholder proposal - avoid political spending brand damage
Albemarle Corporation5 May 2026Shareholder Proposal regarding shareholders ability to call for a special shareholder meeting.

Shares on loan

PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. reported 2.2 million shares on loan at record dates against 338.3 million shares voted: 0.63% of the two together. Median fund registrant: 0.00%. 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

1 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
PGIM Jennison Natural Resources Fund7852.1%94.6%27.8%

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 PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. vote on executive pay?

In the year to 30 June 2026 PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. reported 37 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 35 were for (94.6%), 2 against and 0 abstentions. Counting one item per company meeting, it voted against management on 2 of the 37 say-on-pay items it marked either way.

How often does PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. vote against management?

2.1% of the time in the year to 30 June 2026: 16 of the 775 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 PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 9 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 27.8% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

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 PRUDENTIAL JENNISON NATURAL RESOURCES FUND, INC. (filer no. 816753), 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.