Key voting themes over Financial Year 2024 focused on:
- Director elections and re-elections
- Executive remuneration and other remuneration matters
- Shareholder requisitioned resolutions (e.g. regarding climate risk management and human rights)
- Other (i.e. Capital Management, Audit/Financials etc.)
For the 2023-2024 financial year, VFMC voted on 880 Australian resolutions and 3,996 international resolutions.
VFMC Australian Proxy Voting Statistics July 2023 – June 2024
The table below provides an overview of voting statistics for the twelve months ended 30 June 2024.
| Australia |
|---|
| Type of resolution | Total | For | Against | Abstain | Take no action |
|---|---|---|---|---|---|
| Number of meetings | 167 | ||||
| Number of resolutions voted on | 996 | 735 | 138 | 7 | 116 |
| Director elections | 451 | 356 | 61 | 1 | 33 |
| Remuneration reports / other remuneration matters | 403 | 290 | 65 | 1 | 47 |
| Shareholder resolutions | 21 | 0 | 5 | 0 | 16 |
| Other | 121 | 89 | 7 | 5 | 20 |
