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Form N-PX · fund seriesSEC series no. S000068350

Fidelity U.S. Multifactor ETF

A series of FIDELITY COVINGTON TRUST

Vote records
1,244year to 30 June 2026
Against management
2.2%27 of 1,244 marked votes
Say-on-pay support
95.6%for, of for + against + abstain
Shareholder-proposal support
8.8%for, of for + against + abstain

Fidelity U.S. Multifactor ETF is a series of FIDELITY COVINGTON TRUST. For the year to 30 June 2026 its registrant reported 1,244 vote records for the series; 2.2% of the votes marked for or against management went against management. It voted for 95.6% of say-on-pay items and for 8.8% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFidelityMedian fund registrant
Against-management share2.2%4.4%6.0%6.2%
Say-on-pay support rate95.6%95.2%94.7%91.6%
Shareholder-proposal support rate8.8%15.3%27.6%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS90288841.6%
SECTION 14A SAY-ON-PAY VOTES938744.3%
AUDIT-RELATED959500.0%
SHAREHOLDER RIGHTS AND DEFENSES54160.0%
EXTRAORDINARY TRANSACTIONS43125.0%
CAPITAL STRUCTURE1111027.3%
COMPENSATION363245.6%
CORPORATE GOVERNANCE5125267.8%
ENVIRONMENT OR CLIMATE220220.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE7070.0%
DIVERSITY, EQUITY, AND INCLUSION130130.0%
OTHER SOCIAL ISSUES390390.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,3913.7%97.9%12.4%
year to 30 June 20251,2222.0%98.9%6.3%
year to 30 June 20261,2442.2%95.6%8.8%

Questions

How often did Fidelity U.S. Multifactor ETF vote against management?

2.2% of the votes its registrant marked for or against management in the year to 30 June 2026 (27 of 1,244).

How did Fidelity U.S. Multifactor ETF vote on executive pay?

It voted for 87 of 91 say-on-pay items cast for, against or abstain (95.6%).

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 FIDELITY COVINGTON 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 FIDELITY COVINGTON TRUST (filer no. 945908); votes attributed to series S000068350 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.