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ADOBE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ADOBE INC.’s Form 8-K, filed April 24, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

15Ballot items
1,617Asset managers
21,408Fund votes
April 22, 2025Meeting date

Results at a glance

Meeting of April 22, 2025: 15 items on ADOBE INC.’s Form 8-K, filed April 24, 2025: 3 approved · 1 not approved · 11 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore ADOBE INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ADOBE INC.

These tallies are ADOBE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 24, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

ADOBE INC. — official shareholder meeting results, meeting held April 22, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Cristiano Amon	318,745,129	3,895,985	4,557,001	--	42,812,705	99%	Not verified	—
Elect Director: Amy Banse	289,072,529	33,572,730	4,552,856	--	42,812,705	90%	Not verified	—
Elect Director: Melanie Boulden	318,954,566	3,710,825	4,532,724	--	42,812,705	99%	Not verified	—
Elect Director: Frank Calderoni	292,461,917	30,204,777	4,531,421	--	42,812,705	91%	Not verified	—
Elect Director: Laura Desmond	311,242,715	11,434,041	4,521,359	--	42,812,705	96%	Not verified	—
Elect Director: Shantanu Narayen	290,878,562	31,416,242	4,903,311	--	42,812,705	90%	Not verified	—
Elect Director: Spencer Neumann	321,317,197	1,347,991	4,532,927	--	42,812,705	99.5%	Not verified	—
Elect Director: Kathleen Oberg	315,422,395	6,845,011	4,930,709	--	42,812,705	98%	Not verified	—
Elect Director: Dheeraj Pandey	321,314,128	1,363,483	4,520,504	--	42,812,705	99.5%	Not verified	—
Elect Director: David Ricks	318,608,687	4,051,998	4,537,430	--	42,812,705	99%	Not verified	—
Elect Director: Daniel Rosensweig	304,024,889	18,425,896	4,747,330	--	42,812,705	94%	Not verified	—
2. Approve the 2019 Plan to increase the available share reserve by 7 million shares	303,412,998	19,079,403	4,705,714	--	42,812,705	94%	Approved	—
3. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025	331,634,957	33,109,712	5,266,151	--	--	91%	Approved	—
4. Approve, on an advisory basis, the compensation of our named executive officers	259,027,865	63,389,204	4,781,046	--	42,812,705	80%	Approved	—
5. Vote upon a stockholder proposal regarding a vote on golden parachutes	153,733,558	168,426,385	5,038,172	--	42,812,705	47.7%	Not approved	—

Source: ADOBE INC., Form 8-K, filed with the SEC on April 24, 2025 — read the filing on EDGAR.

How asset managers voted at the ADOBE INC. 2024-2025 meeting

Each item below shows how the 1,617 asset managers that disclosed a ADOBE INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Cristiano Amon

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,745,129AGAINST: 3,895,985

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Cristiano Amon

ADOBE INC.’s own tally for this item (“Elect Director: Cristiano Amon”): 318,745,129 for, 3,895,985 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 114,713,246 for, 447,609 against, 2,090,524 abstained, 302 unknown.

FOR

FOR: 114,713,246AGAINST: 447,609ABSTAIN: 2,090,524UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Cristiano Amon” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
JPMorgan	902,948	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

2. Elect Director: Amy Banse

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%

FOR: 289,072,529AGAINST: 33,572,730

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Amy Banse

ADOBE INC.’s own tally for this item (“Elect Director: Amy Banse”): 289,072,529 for, 33,572,730 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 114,659,960 for, 500,896 against, 2,090,523 abstained, 302 unknown.

FOR

FOR: 114,659,960AGAINST: 500,896ABSTAIN: 2,090,523UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Amy Banse” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

3. Elect Director: Melanie Boulden

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,954,566AGAINST: 3,710,825

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Melanie Boulden

ADOBE INC.’s own tally for this item (“Elect Director: Melanie Boulden”): 318,954,566 for, 3,710,825 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 274 asset managers below reported 114,736,186 for, 424,670 against, 2,090,523 abstained, 302 unknown.

FOR

FOR: 114,736,186AGAINST: 424,670ABSTAIN: 2,090,523UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Melanie Boulde” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
JPMorgan	902,948	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

4. Elect Director: Frank Calderoni

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 292,461,917AGAINST: 30,204,777

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Frank Calderoni

ADOBE INC.’s own tally for this item (“Elect Director: Frank Calderoni”): 292,461,917 for, 30,204,777 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 113,939,539 for, 1,229,752 against, 2,082,088 abstained, 302 unknown.

FOR

FOR: 113,939,539AGAINST: 1,229,752ABSTAIN: 2,082,088UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Frank Calderon” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,367,843	132,816	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	893,479	645	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	325,853	228,903	0	Mixed
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

5. Elect Director: Laura Desmond

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 311,242,715AGAINST: 11,434,041

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Laura Desmond

ADOBE INC.’s own tally for this item (“Elect Director: Laura Desmond”): 311,242,715 for, 11,434,041 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 115,028,461 for, 140,902 against, 2,082,088 abstained, 230 unknown.

FOR

FOR: 115,028,461AGAINST: 140,902ABSTAIN: 2,082,088UNKNOWN: 230

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Laura Desmond” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

6. Elect Director: Shantanu Narayen

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%

FOR: 290,878,562AGAINST: 31,416,242

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Shantanu Narayen

ADOBE INC.’s own tally for this item (“Elect Director: Shantanu Narayen”): 290,878,562 for, 31,416,242 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 274 asset managers below reported 114,804,566 for, 364,780 against, 2,082,105 abstained, 230 unknown.

FOR

FOR: 114,804,566AGAINST: 364,780ABSTAIN: 2,082,105UNKNOWN: 230

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Shantanu Naray” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,710	16	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

7. Elect Director: Spencer Neumann

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 321,317,197AGAINST: 1,347,991

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Spencer Neumann

ADOBE INC.’s own tally for this item (“Elect Director: Spencer Neumann”): 321,317,197 for, 1,347,991 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 115,163,323 for, 6,040 against, 2,082,088 abstained, 230 unknown.

FOR

FOR: 115,163,323AGAINST: 6,040ABSTAIN: 2,082,088UNKNOWN: 230

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Spencer Neuman” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
JPMorgan	902,948	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

8. Elect Director: Kathleen Oberg

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 315,422,395AGAINST: 6,845,011

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Kathleen Oberg

ADOBE INC.’s own tally for this item (“Elect Director: Kathleen Oberg”): 315,422,395 for, 6,845,011 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 274 asset managers below reported 114,943,034 for, 226,311 against, 2,082,106 abstained, 230 unknown.

FOR

FOR: 114,943,034AGAINST: 226,311ABSTAIN: 2,082,106UNKNOWN: 230

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Kathleen Oberg” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,726	0	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	445,130	15,839	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

9. Elect Director: Dheeraj Pandey

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 321,314,128AGAINST: 1,363,483

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Dheeraj Pandey

ADOBE INC.’s own tally for this item (“Elect Director: Dheeraj Pandey”): 321,314,128 for, 1,363,483 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 274 asset managers below reported 115,168,502 for, 861 against, 2,082,088 abstained, 230 unknown.

FOR

FOR: 115,168,502AGAINST: 861ABSTAIN: 2,082,088UNKNOWN: 230

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Dheeraj Pandey” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
JPMorgan	902,948	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

10. Elect Director: David Ricks

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,608,687AGAINST: 4,051,998

Details: description as filed, official tally, votes by 274 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: David Ricks

ADOBE INC.’s own tally for this item (“Elect Director: David Ricks”): 318,608,687 for, 4,051,998 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 274 asset managers below reported 114,728,124 for, 441,167 against, 2,082,088 abstained, 302 unknown.

FOR

FOR: 114,728,124AGAINST: 441,167ABSTAIN: 2,082,088UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: David Ricks” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
JPMorgan	902,948	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

11. Elect Director: Daniel Rosensweig

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 304,024,889AGAINST: 18,425,896

Details: description as filed, official tally, votes by 273 asset managers

Description as filed by funds: Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Daniel Rosensweig

ADOBE INC.’s own tally for this item (“Elect Director: Daniel Rosensweig”): 304,024,889 for, 18,425,896 against, per its Form 8-K filed April 24, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 273 asset managers below reported 114,730,580 for, 438,702 against, 2,082,097 abstained, 302 unknown.

FOR

FOR: 114,730,580AGAINST: 438,702ABSTAIN: 2,082,097UNKNOWN: 302

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Daniel Rosensw” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 273 asset managers. See all 273 in the interactive database.

12. 2. Approve the 2019 Plan to increase the available share reserve by 7 million shares

Official resultCAPITAL STRUCTUREReported outcome: Approved

Combines 9 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

FOR: 303,412,998AGAINST: 19,079,403

Details: description as filed, official tally, votes by 283 asset managers

Description as filed by funds: Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 7 million shares.

ADOBE INC.’s own tally for this item (“2. Approve the 2019 Plan to increase the available share reserve by 7 million shares”): 303,412,998 for, 19,079,403 against — passed, per its Form 8-K filed April 24, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 22, 2025, the Company's stockholders approved proposals one through four and did not approve proposal five listed below.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of ADOBE INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Amendment to the 2019 Equity Incentive Plan” (10 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 283 asset managers below reported 114,233,578 for, 733,673 against, 2,095,294 abstained, 302 unknown.

FOR

FOR: 114,233,578AGAINST: 733,673ABSTAIN: 2,095,294UNKNOWN: 302

Largest asset managers voting on “Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 7 million share” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,726	0	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 283 asset managers. See all 283 in the interactive database.

13. 4. Approve, on an advisory basis, the compensation of our named executive officers

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 31 wordings of this item as funds reported it.

80% Approved · of votes cast

FOR 80%AGAINST

FOR: 259,027,865AGAINST: 63,389,204

Details: description as filed, official tally, votes by 1,568 asset managers

Description as filed by funds: To approve, on an advisory basis, the compensation of our named executive officers.

ADOBE INC.’s own tally for this item (“4. Approve, on an advisory basis, the compensation of our named executive officers”): 259,027,865 for, 63,389,204 against — passed, per its Form 8-K filed April 24, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 22, 2025, the Company's stockholders approved proposals one through four and did not approve proposal five listed below.”
Support: 80% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of ADOBE INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Section 14a Executive Compensation” (25 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “Say on Pay” (4 managers, 33,860 for); “COMPENSATION” (3 managers, 334 for, 1,227 against).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 254 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,053,845	8,897	0	For
Fidelity	14,215,734	284,925	0	For
State Street	5,135,491	235	0	For
Capital Group	0	3,799,822	0	Against
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	0	969,764	0	Against
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	892,825	1,299	0	For
T. Rowe Price	1,228	870,711	0	Against
John Hancock	794,543	33,063	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	308,281	246,475	0	Mixed
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	393,377	13,418	0	For

Fund voting reports, all 254 managers: 106,216,850 for, 8,354,235 against, 2,095,295 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,344 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at ADOBE INC., 2024-2025
Asset manager	For	Against	Vote
BlackRock	16,680,776	185,406	For
State Street	12,467,150	214,055	For
GEODE CAPITAL MANAGEMENT, LLC	10,843,584	0	For
Fidelity	5,097,679	1,649,977	Mixed
PRIMECAP MANAGEMENT CO/CA/	5,322,602	0	For
Northern Trust	4,358,904	129,768	For
Fisher Asset Management, LLC	4,200,129	39,875	For
Capital Group	3,347	3,500,723	Against
Invesco	3,441,496	0	For
Amundi	0	3,391,574	Against
UBS	0	3,118,521	Against
T. Rowe Price	1,228	3,081,611	Against
Charles Schwab	2,918,797	0	For
Vanguard	2,747,691	0	For
POLEN CAPITAL MANAGEMENT LLC	2,425,284	0	For
Aristotle Capital Management, LLC	2,293,641	2,606	For
MELLON INVESTMENTS Corp	2,279,327	0	For
Walter Scott & Partners Ltd	2,242,553	0	For
National Pension Service	2,230,309	0	For
Capital Research Global Investors	0	2,132,730	Against
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2,000,768	99,676	For
Legal & General Investment Management Ltd	4,287	2,093,919	Against
AllianceBernstein	0	1,928,812	Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC	149	1,918,718	Against
John Hancock	1,690,242	0	For

Institutional-manager reports, all 1,344 managers: 147,907,338 for, 43,745,104 against, 737 withheld, 1,670,851 abstained, 60,723 not voted, 333 unknown. Showing the 25 largest; see all in the interactive database.

14. 3. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

91% Approved · of votes cast

FOR 91%

FOR: 331,634,957AGAINST: 33,109,712

Details: description as filed, official tally, votes by 278 asset managers

Description as filed by funds: Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025.

ADOBE INC.’s own tally for this item (“3. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025”): 331,634,957 for, 33,109,712 against — passed, per its Form 8-K filed April 24, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 22, 2025, the Company's stockholders approved proposals one through four and did not approve proposal five listed below.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 278 asset managers below reported 114,436,430 for, 736,882 against, 2,082,103 abstained, 72 unknown.

FOR

FOR: 114,436,430AGAINST: 736,882ABSTAIN: 2,082,103UNKNOWN: 72

Largest asset managers voting on “Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year en” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
JPMorgan	902,948	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	453,378	7,591	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 278 asset managers. See all 278 in the interactive database.

15. 5. Vote upon a stockholder proposal regarding a vote on golden parachutes

Official resultCORPORATE GOVERNANCEReported outcome: Not approved

Combines 12 wordings of this item as funds reported it.

47.7% Not approved · of votes cast

FOR 47.7%AGAINST

FOR: 153,733,558AGAINST: 168,426,385

Details: description as filed, official tally, votes by 327 asset managers

Description as filed by funds: Stockholder Proposal Regarding Vote on Golden Parachutes.

ADOBE INC.’s own tally for this item (“5. Vote upon a stockholder proposal regarding a vote on golden parachutes”): 153,733,558 for, 168,426,385 against — failed, per its Form 8-K filed April 24, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “At the Annual Meeting, held on April 22, 2025, the Company's stockholders approved proposals one through four and did not approve proposal five listed below.”
Support: 47.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 327 asset managers below reported 16,560,425 for, 98,494,004 against, 2,111,194 abstained, 1,400 unknown.

FORAGAINST

FOR: 16,560,425AGAINST: 98,494,004ABSTAIN: 2,111,194UNKNOWN: 1,400

Largest asset managers voting on “Stockholder Proposal Regarding Vote on Golden Parachutes.” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	431,474	45,386,423	0	Against
BlackRock	24,291	15,038,451	0	Against
Fidelity	225,816	14,274,843	0	Against
State Street	611	5,135,115	0	Against
Capital Group	0	3,799,822	0	Against
Charles Schwab	0	2,865,125	0	Against
ADVISORS' INNER CIRCLE FUND	59,158	1,925	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	0	1,513,491	0	Against
TIAA	0	1,467,196	0	Against
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	0	969,764	0	Against
Victory Capital	941,737	0	0	For
JPMorgan	0	902,948	0	Against
Jackson National	79,645	814,479	0	Mixed
T. Rowe Price	22,975	848,964	0	Against
John Hancock	798,136	29,470	0	For
MASTER INVESTMENT PORTFOLIO	0	695,547	0	Against
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	313,086	241,670	0	Mixed
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	401,706	34,751	0	Mixed

Showing the 25 largest of 327 asset managers. See all 327 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of April 17, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest ADOBE INC. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 435,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top ADOBE INC. shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers.”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.53%
2	BlackRock	3.46%
3	Fidelity	3.33%
4	State Street	1.18%
5	Capital Group	0.87%
6	Charles Schwab	0.66%
7	ADVISORS' INNER CIRCLE FUND	0.48%
8	Invesco	0.40%
9	Columbia Threadneedle	0.35%
10	TIAA	0.34%

Institutional-manager reports: top ADOBE INC. shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers.”, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	3.88%
2	State Street	2.92%
3	GEODE CAPITAL MANAGEMENT, LLC	2.49%
4	Fidelity	1.55%
5	PRIMECAP MANAGEMENT CO/CA/	1.22%
6	Northern Trust	1.03%
7	Fisher Asset Management, LLC	0.97%
8	Capital Group	0.81%
9	Invesco	0.79%
10	Amundi	0.78%

Reported ADOBE INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

ADOBE INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.46%	13F
BlackRock	9.25%	13F
State Street	4.66%	13F
Morgan Stanley	1.80%	13F
BNY Mellon	1.50%	13F
Norges Bank	1.24%	13F
FMR (Fidelity)	1.21%	13F
Northern Trust	1.20%	13F
Goldman Sachs	1.05%	13F
Shantanu Narayen	0.09%	DEF14A

Percentages above are of 435,000,000 shares outstanding, as reported by ADOBE INC. on its Form 10-Q dated February 28, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ADOBE INC.’s 10-Q dated February 28, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At ADOBE INC.'s shareholder meeting held April 22, 2025, in the 2024-2025 proxy season, 1,617 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 21,408 separate fund positions. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation of our named executive officers. — ADOBE INC.'s filing reports the proposal as approved, with 80% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: ADOBE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on April 24, 2025.

ADOBE INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.