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Form N-PX · fund seriesSEC series no. S000055816

U.S. Quality ESG Fund

A series of NORTHERN FUNDS

Vote records
2,269year to 30 June 2026
Against management
11.8%268 of 2,266 marked votes
Say-on-pay support
76.9%for, of for + against + abstain
Shareholder-proposal support
67.9%for, of for + against + abstain

U.S. Quality ESG Fund is a series of NORTHERN FUNDS. For the year to 30 June 2026 its registrant reported 2,269 vote records for the series; 11.8% of the votes marked for or against management went against management. It voted for 76.9% of say-on-pay items and for 67.9% 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 share11.8%9.0%10.3%6.2%
Say-on-pay support rate76.9%90.2%85.5%91.6%
Shareholder-proposal support rate67.9%47.0%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 ELECTIONS1,6371,538426.0%
SECTION 14A SAY-ON-PAY VOTES1761314023.3%
AUDIT-RELATED17216752.9%
SHAREHOLDER RIGHTS AND DEFENSES128433.3%
EXTRAORDINARY TRANSACTIONS98111.1%
CAPITAL STRUCTURE2525012.0%
COMPENSATION56401630.4%
CORPORATE GOVERNANCE109981155.1%
ENVIRONMENT OR CLIMATE33132039.4%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1412285.7%
DIVERSITY, EQUITY, AND INCLUSION2151620.0%
OTHER SOCIAL ISSUES57263145.6%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,94528.5%78.6%68.8%
year to 30 June 20252,19213.8%81.8%65.4%
year to 30 June 20262,26911.8%76.9%67.9%

Questions

How often did U.S. Quality ESG Fund vote against management?

11.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (268 of 2,266).

How did U.S. Quality ESG Fund vote on executive pay?

It voted for 130 of 169 say-on-pay items cast for, against or abstain (76.9%).

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 NORTHERN FUNDS, 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 NORTHERN FUNDS (filer no. 916620); votes attributed to series S000055816 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.