# EDGAR Filing Document

**Accession Number:** 0001014885
**File Stem:** 0001021408-25-002229
**Filing Date:** 2025-8
**Character Count:** 19641
**Document Hash:** ec21a6ea9ca94d5529e9f5c8db3d1bc9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001021408-25-002229.hdr.sgml**: 20250819

**ACCESSION NUMBER**: 0001021408-25-002229

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250819

**DATE AS OF CHANGE**: 20250819

**EFFECTIVENESS DATE**: 20250819

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON GLOBAL ADVISORS LTD
- **CENTRAL INDEX KEY:** 0001014885

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05454
- **FILM NUMBER:** 251230486

**BUSINESS ADDRESS:**
- **STREET 1:** TEMPLETON BUILDING, LYFORD CAY
- **STREET 2:** PO BOX N 7759
- **CITY:** NASSAU
- **STATE:** C5
- **ZIP:** 0
- **BUSINESS PHONE:** 242-362-4600

**MAIL ADDRESS:**
- **STREET 1:** TEMPLETON BUILDING, LYFORD CAY
- **STREET 2:** PO BOX N 7759
- **CITY:** NASSAU
- **STATE:** C5
- **ZIP:** 0

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001014885

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** TEMPLETON GLOBAL ADVISORS LTD

**Address:** Templeton Building, Lyford Cay, Nassau, C5 00000

**Telephone number:** 8006322350

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-05454

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                               | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                            | VOTE CATEGORY                |     SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Medtronic Plc                                | G5960L103 | 10/17/2024     | Approving, on an advisory basis, the Company's executive compensation;                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |      4.77627e+06 |                0 | FOR         |                              4.77627e+06 | FOR                         |  |
| Microsoft Corporation                        | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.66733e+06 |                0 | FOR         |                              1.66733e+06 | FOR                         |  |
| Micron Technology, Inc.                      | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                  | SECTION 14A SAY-ON-PAY VOTES |      3.18372e+06 |                0 | FOR         |                              3.18372e+06 | FOR                         |  |
| Aramark                                      | 03852U106 | 01/24/2025     | To approve, in a non-binding advisory vote, the compensation paid to the named executive officers.                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      7.88928e+06 |            62900 | FOR         |                              7.88928e+06 | FOR                         |  |
| Visa Inc.                                    | 92826C839 | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1.11993e+06 |           258964 | FOR         |                              1.11993e+06 | FOR                         |  |
| Apple Inc.                                   | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      2.09794e+06 |                0 | FOR         |                              2.09794e+06 | FOR                         |  |
| Bank of America Corporation                  | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      1.23958e+07 |                0 | AGAINST     |                              1.23958e+07 | AGAINST                     |  |
| The PNC Financial Services Group, Inc.       | 693475105 | 04/23/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      2.49444e+06 |                0 | FOR         |                              2.49444e+06 | FOR                         |  |
| HCA Healthcare, Inc.                         | 40412C101 | 04/24/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 893670           |                0 | FOR         |                         893670           | FOR                         |  |
| Wells Fargo  Company                         | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      6.88187e+06 |                0 | FOR         |                              6.88187e+06 | FOR                         |  |
| Crown Holdings, Inc.                         | 228368106 | 05/01/2025     | Approval by advisory vote of the resolution on executive compensation as described in the Proxy Statement.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      2.06759e+06 |                0 | FOR         |                              2.06759e+06 | FOR                         |  |
| Smurfit WestRock Plc                         | G8267P108 | 05/02/2025     | Approve, in a non-binding, advisory vote, the compensation of the Company's named executive officers.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      1.26629e+06 |                0 | FOR         |                              1.26629e+06 | FOR                         |  |
| Smurfit WestRock Plc                         | G8267P108 | 05/02/2025     | Approve, in a non-binding, advisory vote, the frequency of future non-binding, advisory votes to approve named executive officer compensation.                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.26629e+06 |                0 | ONE YEAR    |                              1.26629e+06 | FOR                         |  |
| Eli Lilly and Company                        | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 293924           |                0 | FOR         |                         293924           | FOR                         |  |
| Albemarle Corporation                        | 012653101 | 05/06/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 437653           |                0 | AGAINST     |                         437653           | AGAINST                     |  |
| CRH Plc                                      | G25508105 | 05/08/2025     | Consideration of Named Executive Officer Compensation for 2024 ("Say-on-Pay")                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      5.29918e+06 |                0 | FOR         |                              5.29918e+06 | FOR                         |  |
| CRH Plc                                      | G25508105 | 05/08/2025     | Consideration of Frequency of Future "Say-on-Pay" Votes                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |      5.29918e+06 |                0 | ONE YEAR    |                              5.29918e+06 | FOR                         |  |
| Equifax Inc.                                 | 294429105 | 05/08/2025     | Advisory vote to approve named executive officer compensation ("say-on-pay").                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 100251           |                0 | FOR         |                         100251           | FOR                         |  |
| Union Pacific Corporation                    | 907818108 | 05/08/2025     | Approve, by non-binding vote, the compensation of the Company's Named Executive Officers ("Say on Pay").                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 862970           |                0 | FOR         |                         862970           | FOR                         |  |
| CNH Industrial N.V.                          | N20944109 | 05/12/2025     | Approval of executive compensation ("Say on Pay") (advisory voting item)                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      4.03211e+07 |           583902 | FOR         |                              4.03211e+07 | FOR                         |  |
| AT Inc.                                      | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      1.15925e+07 |                0 | FOR         |                              1.15925e+07 | FOR                         |  |
| KeyCorp                                      | 493267108 | 05/15/2025     | Advisory approval of executive compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      1.91531e+07 |                0 | AGAINST     |                              1.91531e+07 | AGAINST                     |  |
| Intercontinental Exchange, Inc.              | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1.97279e+06 |                0 | FOR         |                              1.97279e+06 | FOR                         |  |
| Honeywell International Inc.                 | 438516106 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 881910           |                0 | FOR         |                         881910           | FOR                         |  |
| Amazon.com, Inc.                             | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      3.20363e+06 |                0 | AGAINST     |                              3.20363e+06 | AGAINST                     |  |
| Kenvue Inc.                                  | 49177J102 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of Kenvue Inc.'s named executive officers.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |      1.78828e+07 |                0 | FOR         |                              1.78828e+07 | FOR                         |  |
| Pinterest, Inc.                              | 72352L106 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |      6.26559e+06 |                0 | FOR         |                              6.26559e+06 | FOR                         |  |
| The Charles Schwab Corporation               | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |      3.8644e+06  |                0 | FOR         |                              3.8644e+06  | FOR                         |  |
| Meta Platforms, Inc.                         | 30303M102 | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                           | SECTION 14A SAY-ON-PAY VOTES | 377641           |                0 | AGAINST     |                         377641           | AGAINST                     |  |
| Meta Platforms, Inc.                         | 30303M102 | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years. | SECTION 14A SAY-ON-PAY VOTES | 377641           |                0 | ONE YEAR    |                         377641           | AGAINST                     |  |
| UnitedHealth Group Incorporated              | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      1.27601e+06 |                0 | AGAINST     |                              1.27601e+06 | AGAINST                     |  |
| Booking Holdings Inc.                        | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  92533           |                0 | FOR         |                          92533           | FOR                         |  |
| Salesforce, Inc.                             | 79466L302 | 06/05/2025     | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers.                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      1.33645e+06 |                0 | FOR         |                              1.33645e+06 | FOR                         |  |
| Freeport-McMoRan Inc.                        | 35671D857 | 06/11/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      1.13836e+07 |                0 | FOR         |                              1.13836e+07 | FOR                         |  |
| Fidelity National Information Services, Inc. | 31620M106 | 06/12/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      2.4293e+06  |                0 | FOR         |                              2.4293e+06  | FOR                         |  |
| Autodesk, Inc.                               | 052769106 | 06/18/2025     | Approve, on an advisory (non-binding) basis, the compensation of Autodesk, Inc's named executive officers.                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 790746           |                0 | FOR         |                         790746           | FOR                         |  |
| NVIDIA Corporation                           | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |      6.04705e+06 |                0 | FOR         |                              6.04705e+06 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** TEMPLETON GLOBAL ADVISORS LTD

**By (Signature):** Bjorn A. Davis

**By (Printed Signature):** Bjorn A. Davis

**By (Title):** Chief Compliance Officer

**Date:** 08/18/2025