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Form N-PX · fund seriesSEC series no. S000023729

Empower Small Cap Value Fund

A series of EMPOWER FUNDS, INC.

Vote records
4,623year to 30 June 2026
Against management
7.9%367 of 4,632 marked votes
Say-on-pay support
90.9%for, of for + against + abstain
Shareholder-proposal support
60.9%for, of for + against + abstain

Empower Small Cap Value Fund is a series of EMPOWER FUNDS, INC.. For the year to 30 June 2026 its registrant reported 4,623 vote records for the series; 7.9% of the votes marked for or against management went against management. It voted for 90.9% of say-on-pay items and for 60.9% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share7.9%9.1%6.2%
Say-on-pay support rate90.9%92.4%91.6%
Shareholder-proposal support rate60.9%30.3%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS3,2572,9701048.7%
SECTION 14A SAY-ON-PAY VOTES1149197.9%
AUDIT-RELATED46045800.0%
SHAREHOLDER RIGHTS AND DEFENSES3300.0%
EXTRAORDINARY TRANSACTIONS585446.9%
CAPITAL STRUCTURE5550512.7%
COMPENSATION542473438.5%
CORPORATE GOVERNANCE1451321312.4%
ENVIRONMENT OR CLIMATE3120.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1100.0%
DIVERSITY, EQUITY, AND INCLUSION3120.0%
OTHER SOCIAL ISSUES44025.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,12917.7%89.6%40.0%
year to 30 June 20254,6737.2%88.7%82.6%
year to 30 June 20264,6237.9%90.9%60.9%

Questions

How often did Empower Small Cap Value Fund vote against management?

7.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (367 of 4,632).

How did Empower Small Cap Value Fund vote on executive pay?

It voted for 90 of 99 say-on-pay items cast for, against or abstain (90.9%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by EMPOWER FUNDS, INC., which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by EMPOWER FUNDS, INC. (filer no. 356476); votes attributed to series S000023729 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.