Responsible Investments Report 2025

Stewardship

25

Voting activities in 2025

In 2025, we voted in around 3400 General Meetings Representing around 95% of all votable meetings

Voted in 100% of climate proposals

Meetings by country

27% against

73% for

Rest of the World

Alignment with management

11%

11% against

89% for

21%

Asia

USA 22%

Number of shareholder proposals

22%

Nordics

1035 we voted on 2025 of which we supported 54%

Rest of Europe

1 Co-filed by Nordea for the shareholder meeting of Amazon

24%

Meetings by sector

Energy 3%

Utilities 4%

Commu- nication Services 5%

Industrials 19%

Real Estate 6%

Materials 7%

Financials 18%

Consumer Staples 7%

Information Technology 9%

Consumer Discretionary 12%

Health Care 10%

Source: Nordea Investment Management AB, Data as of 31.12.2025.

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