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Form N-PX · fund seriesSEC series no. S000083012

Vert Global Sustainable Real Estate ETF

A series of Manager Directed Portfolios

Vote records
2,007year to 30 June 2026
Against management
4.8%78 of 1,634 marked votes
Say-on-pay support
85.0%for, of for + against + abstain
Shareholder-proposal support
not reportedfor, of for + against + abstain

Vert Global Sustainable Real Estate ETF is a series of Manager Directed Portfolios. For the year to 30 June 2026 its registrant reported 2,007 vote records for the series; 4.8% of the votes marked for or against management went against management. It voted for 85.0% of say-on-pay items and for 66.7% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share4.8%3.3%6.2%
Say-on-pay support rate85.0%92.8%91.6%
Shareholder-proposal support ratenot reported17.9%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS813781293.9%
SECTION 14A SAY-ON-PAY VOTES1221021816.4%
AUDIT-RELATED12212200.0%
SHAREHOLDER RIGHTS AND DEFENSES4310.0%
EXTRAORDINARY TRANSACTIONS87112.5%
CAPITAL STRUCTURE23423131.3%
COMPENSATION97851212.4%
CORPORATE GOVERNANCE17717073.4%
ENVIRONMENT OR CLIMATE404100.0%
OTHER SOCIAL ISSUES8800.0%
OTHER11010733.6%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20241,9948.6%80.4%60.0%
year to 30 June 20252,1517.0%86.8%not reported
year to 30 June 20262,0074.8%85.0%not reported

Questions

How often did Vert Global Sustainable Real Estate ETF vote against management?

4.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (78 of 1,634).

How did Vert Global Sustainable Real Estate ETF vote on executive pay?

It voted for 102 of 120 say-on-pay items cast for, against or abstain (85.0%).

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 Manager Directed Portfolios, 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 Manager Directed Portfolios (filer no. 1359057); votes attributed to series S000083012 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.