As the 2026 proxy season moves past its peak, this week’s AGMs reinforce familiar patterns. Shareholder discontent is evident across pay, climate and governance votes, but formal outcomes continue to diverge sharply from sentiment.

Shareholder voting rights could be under threat in the US as oil company ExxonMobil filed to sue investors over an ESG vote at its AGM.

Activist investor Nelson Peltz has lost his proxy fight against Disney after shareholders voted to re-elect the full board.

The Council of Institutional Investors (CII) has invited members to comment on its proposal calling for dual-class companies to provide vote results on a class-by-class basis.