FedEx Corporation

Ticker: FDX
Meeting date: 28/09/2026
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1a Elect Director Mark A. Edmunds For For
1b Elect Director Marvin R. Ellison For For
1c Elect Director Susan Patricia Griffith For For
1d Elect Director R. Brad Martin For For
1e Elect Director Nancy A. Norton For For
1f Elect Director Frederick P. Perpall For For
1g Elect Director Joshua Cooper Ramo For For
1h Elect Director Susan C. Schwab For For
1i Elect Director Richard W. Smith For For
1j Elect Director Rajesh Subramaniam For For
1k Elect Director Paul S. Walsh For For
2 Advisory Vote to Ratify Named Executive Officers' Compensation Vote rationale: The board is responsible for attracting the right CEO and setting appropriate remuneration. A substantial proportion of annual remuneration should be provided as shares that are locked in for five to ten years, regardless of resignation or retirement. The board should provide transparency on total remuneration to avoid unacceptable outcomes. The board should ensure that all benefits have a clear business rationale. Pensionable income should constitute a minor part of total remuneration. Global Voting Guidelines CEO remuneration For Against
3 Ratify Ernst & Young LLP as Auditors For For
Shareholder proposals
4 Require Independent Board Chair Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The board must establish clear mechanisms to ensure effective oversight. We believe shareholders are best served when the chairperson and CEO roles are held by different individuals. Global Voting Guidelines Separation of chairperson and CEO Against For
5 Reduce Ownership Threshold for Shareholders to Call Special Meeting to 10% Against Against
6 Report on Oversight of Risks Related to Distribution of Mail-Order Abortion Drugs Vote rationale: We will not support a shareholder proposal where the company does not appear to have significant gaps in their management or reporting of the relevant sustainability risk. We assess companies against our public expectations on environmental and social issues. We may consider direction of travel and pace of change as part of our assessments. Global Voting Guidelines Shareholder proposals on sustainability Against Against

Disclaimer

This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:

  • This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
  • No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
  • To be clear, Norges Bank has no duty of care in respect of any third party who decides to view this disclosure, which shall be done entirely at their own risk.
  • Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
  • Securities lending or other activity may mean that the votes cast by Norges Bank are significantly different than its economic or published holding of shares, or significantly different from its holding at the date of this disclosure. No assumption should be made or reliance placed on the number of votes that will be cast.
  • Norges Bank is not subject to any prohibition on securities lending, trading or other activity as a result of this disclosure at any point prior to or after the publication of this disclosure.
Go back to search page