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Form N-PX · fund seriesSEC series no. S000033312

FlexShares Morningstar US Market Factor Tilt Index Fund

A series of FLEXSHARES TRUST

Vote records
19,771year to 30 June 2026
Against management
5.6%1,094 of 19,667 marked votes
Say-on-pay support
91.5%for, of for + against + abstain
Shareholder-proposal support
27.5%for, of for + against + abstain

FlexShares Morningstar US Market Factor Tilt Index Fund is a series of FLEXSHARES TRUST. For the year to 30 June 2026 its registrant reported 19,771 vote records for the series; 5.6% of the votes marked for or against management went against management. It voted for 91.5% of say-on-pay items and for 27.5% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantNorthern Trust and FlexSharesMedian fund registrant
Against-management share5.6%10.6%10.3%6.2%
Say-on-pay support rate91.5%89.9%85.5%91.6%
Shareholder-proposal support rate27.5%44.8%45.8%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS13,90913,2721924.6%
SECTION 14A SAY-ON-PAY VOTES2,0291,7141739.1%
AUDIT-RELATED1,8881,88800.0%
SHAREHOLDER RIGHTS AND DEFENSES70601024.6%
EXTRAORDINARY TRANSACTIONS1591392011.3%
CAPITAL STRUCTURE2131991410.8%
COMPENSATION6155219314.5%
CORPORATE GOVERNANCE69648121515.6%
ENVIRONMENT OR CLIMATE91217018.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE36132227.8%
DIVERSITY, EQUITY, AND INCLUSION528445.9%
OTHER SOCIAL ISSUES114229017.5%
OTHER110not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 202421,0805.7%95.2%31.1%
year to 30 June 202520,3574.9%95.1%33.5%
year to 30 June 202619,7715.6%91.5%27.5%

Questions

How often did FlexShares Morningstar US Market Factor Tilt Index Fund vote against management?

5.6% of the votes its registrant marked for or against management in the year to 30 June 2026 (1,094 of 19,667).

How did FlexShares Morningstar US Market Factor Tilt Index Fund vote on executive pay?

It voted for 1,686 of 1,842 say-on-pay items cast for, against or abstain (91.5%).

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 FLEXSHARES TRUST, 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 FLEXSHARES TRUST (filer no. 1491978); votes attributed to series S000033312 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.