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Several reporters raised concerns about a pay report that was released by the union earlier in the week that showed significant disparities in pay.
Last year, only 4.6% or shareholders voted against the pay report.
But fewer than 13% of shareholders voted against the pay report at Tuesday's AGM.
Cebr's Corfe compiles a monthly take-home pay report for the salary processing company VocaLink.
The bank's pay report suggests that Horta-Osório has £4m-worth of shares at risk.
More than one in three of the votes cast at the AGM rejected the pay report.
Some 31.5% of investors failed to back the Barclays pay report.
But the apologies failed to quash an embarrassing 11% shareholder rebellion against HSBC's executive pay report.
A 35.6% vote against a company's pay report counts as a big rebellion, even these days.
About 54% of shareholders voted against his pay report in that year.
Teachers will not be motivated by performance pay (Report, 22 August).
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CEO of Professional Science Editing for Scientists @ prosciediting.com