As the main proxy season slows, shareholder dissent remains visible across pay, board accountability and voting rights, while attention begins to shift to Australia’s upcoming AGM season and a fresh round of climate-focused proposals.

A FTSE chair removed within days of AGM, and an activist caused the entire board to be replaced.

Shareholder dissent intensified across this week’s AGM results, with investors challenging pay, board accountability and governance structures at several high-profile companies.

Executive pay revolts are gathering pace, governance rights are still winning support, and investors are taking a more selective approach to ESG proposals as the 2026 AGM season unfolds.