# EDGAR Filing Document

**Accession Number:** 0000889232
**File Stem:** 0001641172-25-025915
**Filing Date:** 2025-8
**Character Count:** 11422
**Document Hash:** 1c8629d7b4ac2a46ff0fa40779924102
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-025915.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001641172-25-025915

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESTOR AB
- **CENTRAL INDEX KEY:** 0000889232

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** V7

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03431
- **FILM NUMBER:** 251277967

**BUSINESS ADDRESS:**
- **STREET 1:** ARSENALSGATAN 8C
- **STREET 2:** SE-103 32
- **CITY:** STOCKHOLM
- **STATE:** V7
- **ZIP:** 00000
- **BUSINESS PHONE:** 46-8-6142000

**MAIL ADDRESS:**
- **STREET 1:** ARSENALSGATAN 8C
- **STREET 2:** SE-103 32
- **CITY:** STOCKHOLM
- **STATE:** V7
- **ZIP:** 00000

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

## N-PX: Filer Information

**Filer CIK:** 0000889232

**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:** INVESTOR AB

**Address:** ARSENALSGATAN 8C, STOCKHOLM, V7 00000

**Telephone number:** 46-0-8-614-20-97

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-03431

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Nasdaq, Inc.                 | 631103108 | 06/11/2025     | Approve, on an advisory (non-binding) basis, the 2024 compensation of the Company's NEOs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |       28706081 |                0 | FOR         |                                 28706081 | FOR                         |  |
| BioMarin Pharmaceutical Inc. | 09061G101 | 05/20/2025     | To approve, on an advisory basis, the compensation of the Company's Named Executive Officers (NEOs) as disclosed in the Proxy Statement, and To approve an amendment to the 2017 Equity Incentive Plan, as amended.                                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Cadence Design Systems, Inc  | 127387108 | 05/08/2025     | To vote on an advisory resolution to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Carnival Corp.               | 143658300 | 04/16/2025     | To hold a (non-binding) advisory vote to approve executive compensation, and To hold a (non-binding) advisory vote to approve the Carnival plc Directors' FOR 47 Remuneration Report (other than the section containing the Carnival plc Directors' Remuneration Policy) (in accordance with legal requirements applicable to UK companies), and To approve the Carnival plc Directors' Remuneration Policy set out in FOR 48 Section 3 of Part II of the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies).                   | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Danaher Corporation          | 235851102 | 05/06/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Gates Industrial Corp Plc    | G39108108 | 06/05/2025     | To conduct an advisory vote to approve named executive officer (“NEO”) compensation, and To conduct an advisory vote on the Company's directors' remuneration report (the “Directors' Remuneration Report”) contained in Appendix A of the Proxy Statement in accordance with the requirements of the United Kingdom (the “U.K.”) Companies Act 2006 (the “Companies Act”), and To approve the Company's directors' remuneration policy (the “Directors' Remuneration Policy”) as contained in Appendix A of this Proxy statement in accordance with the requirements of the Companies Act. | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Microchip Technology Inc     | 595017104 | 08/19/2025     | To hold an advisory (non-binding) vote regarding the compensation of our named executives.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Repligen Corp                | 759916109 | 05/15/2025     | Advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Thermo Fisher Scientific Inc | 883556102 | 05/21/2025     | Approval of an advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |
| Whirlpool Corporation        | 96332LAV2 | 04/15/2025     | To approve, on an advisory basis, Whirlpool Corporation's executive compensation, and To approve Amendment No. 2 to the Whirlpool Corporation 2023 Omnibus Stock and Incentive Plan                                                                                                                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | ABSTAIN     |                                        0 | NONE                        |  |

## N-PX: Signature Block

**Reporting Person:** INVESTOR AB

**By (Signature):** /s/ Petra Hedengran

**By (Printed Signature):** /s/ Petra Hedengran

**By (Title):** General Counsel

**Date:** 08/29/2025