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Form N-PX · fund seriesSEC series no. S000092025

Natural Resources ETF

A series of T. Rowe Price Exchange-Traded Funds, Inc.

Vote records
1,016year to 30 June 2026
Against management
4.9%49 of 1,009 marked votes
Say-on-pay support
86.4%for, of for + against + abstain
Shareholder-proposal support
0.0%for, of for + against + abstain

Natural Resources ETF is a series of T. Rowe Price Exchange-Traded Funds, Inc.. For the year to 30 June 2026 its registrant reported 1,016 vote records for the series; 4.9% of the votes marked for or against management went against management. It voted for 86.4% of say-on-pay items and for 0.0% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantT. Rowe PriceMedian fund registrant
Against-management share4.9%4.5%6.7%6.2%
Say-on-pay support rate86.4%96.4%89.8%91.6%
Shareholder-proposal support rate0.0%11.9%14.6%27.5%

Votes by category

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

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS598564175.7%
SECTION 14A SAY-ON-PAY VOTES2419312.5%
AUDIT-RELATED828200.0%
SHAREHOLDER RIGHTS AND DEFENSES5500.0%
EXTRAORDINARY TRANSACTIONS111019.1%
CAPITAL STRUCTURE837944.8%
COMPENSATION999365.1%
CORPORATE GOVERNANCE126115102.4%
ENVIRONMENT OR CLIMATE6240.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE4130.0%
DIVERSITY, EQUITY, AND INCLUSION2110.0%
OTHER SOCIAL ISSUES9630.0%
OTHER5320.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20261,0164.9%86.4%0.0%

Questions

How often did Natural Resources ETF vote against management?

4.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (49 of 1,009).

How did Natural Resources ETF vote on executive pay?

It voted for 19 of 22 say-on-pay items cast for, against or abstain (86.4%).

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 T. Rowe Price Exchange-Traded 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 T. Rowe Price Exchange-Traded Funds, Inc. (filer no. 1795351); votes attributed to series S000092025 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.