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Adobe Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Adobe Inc.’s Form 8-K, filed April 21, 2026 (Item 5.07 on EDGAR). Page generated October 25, 2026.

18Ballot items
1,522Asset managers
23,421Fund votes
April 15, 2026Meeting date

Results at a glance

Meeting of April 15, 2026: 18 items on Adobe Inc.’s Form 8-K, filed April 21, 2026: 3 approved · 4 not approved · 11 without a stated outcome.

Material dissent

Elect Director: Daniel Rosensweig 69% of votes cast Outcome not stated Director under 80%
4. Approve, on an advisory basis, the compensation of our named executive officers 50.7% of votes cast Approved Say-on-pay under 70%

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 2025-2026 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 21, 2026 (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 15, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Cristiano Amon	282,005,411	12,079,030	434,301	--	41,927,404	96%	Not verified	—
Elect Director: Amy Banse	251,492,697	42,599,149	426,896	--	41,927,404	86%	Not verified	—
Elect Director: Melanie Boulden	282,311,182	11,809,775	397,785	--	41,927,404	96%	Not verified	—
Elect Director: Frank Calderoni	260,547,648	33,532,812	438,282	--	41,927,404	89%	Not verified	—
Elect Director: Laura Desmond	284,342,411	9,748,316	428,015	--	41,927,404	97%	Not verified	—
Elect Director: Shantanu Narayen	269,218,851	24,752,304	547,587	--	41,927,404	92%	Not verified	—
Elect Director: Spencer Neumann	291,249,899	2,830,574	438,269	--	41,927,404	99.0%	Not verified	—
Elect Director: Kathleen Oberg	288,120,843	5,970,573	427,326	--	41,927,404	98%	Not verified	—
Elect Director: Dheeraj Pandey	291,705,655	2,379,367	433,720	--	41,927,404	99.1%	Not verified	—
Elect Director: David Ricks	280,254,563	13,829,972	434,207	--	41,927,404	95%	Not verified	—
Elect Director: Daniel Rosensweig	203,314,252	90,650,276	554,214	--	41,927,404	69%	Not verified	—
2. Approve the 2019 Plan to increase the available share reserve by 12 million shares	269,926,547	23,610,400	981,795	--	41,927,404	92%	Approved	—
3. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 27, 2026	304,073,299	31,540,619	832,228	--	--	91%	Approved	—
4. Approve, on an advisory basis, the compensation of our named executive officers	148,837,167	144,993,886	687,689	--	41,927,404	50.7%	Approved	—
5. Vote upon a stockholder proposal regarding a vote on golden parachutes	23,956,990	269,589,945	971,807	--	41,927,404	8%	Not approved	—
6. Vote upon a stockholder proposal regarding board matrix	38,813,057	253,504,241	2,201,444	--	41,927,404	13%	Not approved	—
7. Vote upon a stockholder proposal regarding report on civil liberties in digital services	1,501,051	290,666,105	2,351,586	--	41,927,404	0.6%	Not approved	—
8. Vote upon a stockholder proposal regarding retirement plan climate risk	26,993,426	249,732,648	17,792,668	--	41,927,404	10%	Not approved	—

This meeting is also recorded here as April 14, 2026; both records come from the same filing, so the date should be checked against it.

Source: Adobe Inc., Form 8-K, filed with the SEC on April 21, 2026 — read the filing on EDGAR.

How asset managers voted at the Adobe Inc. 2025-2026 meeting

Each item below shows how the 1,522 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 11 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 282,005,411AGAINST: 12,079,030

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 282,005,411 for, 12,079,030 against, per its Form 8-K filed April 21, 2026 (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 243 asset managers below reported 121,368,217 for, 192,124 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,368,217AGAINST: 192,124ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,989	47	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,683	0	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

2. Elect Director: Amy Banse

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%AGAINST

FOR: 251,492,697AGAINST: 42,599,149

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 251,492,697 for, 42,599,149 against, per its Form 8-K filed April 21, 2026 (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: 86% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 116,554,195 for, 5,012,145 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 116,554,195AGAINST: 5,012,145ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,852	184	2	For
BlackRock	15,771,357	310,114	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,558,300	38,550	0	For
State Street	5,049,614	69	0	For
Capital Group	0	3,456,215	0	Against
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	779,148	4,250	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	632,027	15,921	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 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.

96% Majority: yes · of votes cast

FOR 96%

FOR: 282,311,182AGAINST: 11,809,775

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 282,311,182 for, 11,809,775 against, per its Form 8-K filed April 21, 2026 (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 243 asset managers below reported 121,545,398 for, 20,943 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,545,398AGAINST: 20,943ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,991	45	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,683	0	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

4. Elect Director: Frank Calderoni

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%

FOR: 260,547,648AGAINST: 33,532,812

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 260,547,648 for, 33,532,812 against, per its Form 8-K filed April 21, 2026 (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: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 120,167,941 for, 1,398,399 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 120,167,941AGAINST: 1,398,399ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,877	159	2	For
BlackRock	15,771,357	310,114	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,558,300	38,550	0	For
State Street	5,049,614	69	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	779,148	4,250	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	632,027	15,921	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 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.

97% Majority: yes · of votes cast

FOR 97%

FOR: 284,342,411AGAINST: 9,748,316

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 284,342,411 for, 9,748,316 against, per its Form 8-K filed April 21, 2026 (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: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 121,456,850 for, 109,490 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,456,850AGAINST: 109,490ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,989	47	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,614	69	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 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.

92% Majority: yes · of votes cast

FOR 92%

FOR: 269,218,851AGAINST: 24,752,304

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 269,218,851 for, 24,752,304 against, per its Form 8-K filed April 21, 2026 (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: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 121,369,205 for, 197,135 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,369,205AGAINST: 197,135ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,910	125	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,651	32	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

7. Elect Director: Spencer Neumann

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 291,249,899AGAINST: 2,830,574

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 291,249,899 for, 2,830,574 against, per its Form 8-K filed April 21, 2026 (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: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 121,404,167 for, 162,172 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,404,167AGAINST: 162,172ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,932,746	44,289	2	For
BlackRock	16,074,174	7,297	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,042,335	7,348	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

8. Elect Director: Kathleen Oberg

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 288,120,843AGAINST: 5,970,573

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 288,120,843 for, 5,970,573 against, per its Form 8-K filed April 21, 2026 (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 243 asset managers below reported 121,380,852 for, 185,489 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,380,852AGAINST: 185,489ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,977,012	24	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,683	0	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	530,216	8,308	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	489,877	3,317	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

9. Elect Director: Dheeraj Pandey

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 291,705,655AGAINST: 2,379,367

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 291,705,655 for, 2,379,367 against, per its Form 8-K filed April 21, 2026 (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: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 121,545,208 for, 20,133 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,545,208AGAINST: 20,133ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,977,028	8	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,683	0	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

10. Elect Director: David Ricks

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 280,254,563AGAINST: 13,829,972

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 280,254,563 for, 13,829,972 against, per its Form 8-K filed April 21, 2026 (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: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 121,373,208 for, 192,133 against, 52,669 abstained, 319 not voted, 172 unknown.

FOR

FOR: 121,373,208AGAINST: 192,133ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,980	56	2	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,683	0	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	493,194	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

11. Elect Director: Daniel Rosensweig

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

69% Majority: yes · of votes cast

FOR 69%AGAINST

FOR: 203,314,252AGAINST: 90,650,276

Details: description as filed, official tally, votes by 243 asset managers

Description as filed by funds: Election of the eleven (11) Directors 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”): 203,314,252 for, 90,650,276 against, per its Form 8-K filed April 21, 2026 (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: 69% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 243 asset managers below reported 94,335,036 for, 27,230,304 against, 52,669 abstained, 319 not voted, 172 unknown.

FORAGAINST

FOR: 94,335,036AGAINST: 27,230,304ABSTAIN: 52,669NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Election of the eleven (11) Directors proposed in the accompanying Proxy Statement to serve for a one-year ter” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,893,248	83,788	2	For
BlackRock	334,919	15,746,552	0	Against
Invesco	13,236,338	0	0	For
Fidelity	12,156,898	439,952	0	For
State Street	5,049,614	69	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	2,034	3,086,883	0	Against
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,245,764	0	Against
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	0	902,719	0	Against
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	0	708,303	0	Against
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	15,921	632,027	0	Against
Global X	0	538,524	0	Against
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	0	493,194	0	Against

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

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

Official resultCAPITAL STRUCTUREReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

92% Approved · of votes cast

FOR 92%

FOR: 269,926,547AGAINST: 23,610,400

Details: description as filed, official tally, votes by 245 asset managers

Description as filed by funds: Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 12 million shares.

Adobe Inc.’s own tally for this item (“2. Approve the 2019 Plan to increase the available share reserve by 12 million shares”): 269,926,547 for, 23,610,400 against — passed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 92% 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” (6 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 245 asset managers below reported 119,794,341 for, 733,577 against, 52,671 abstained, 319 not voted, 172 unknown.

FOR

FOR: 119,794,341AGAINST: 733,577ABSTAIN: 52,671NOT VOTED: 319UNKNOWN: 172

Largest asset managers voting on “Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 12 million shar” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,976,908	125	4	For
BlackRock	16,081,471	0	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,514,699	82,151	0	For
State Street	5,049,651	32	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	538,524	0	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	475,424	17,770	0	For
Six Circles Trust	437,818	0	0	For

Showing the 25 largest of 245 asset managers. See all 245 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 30 wordings of this item as funds reported it.

50.7% Approved · of votes cast

FOR 50.7%AGAINST

FOR: 148,837,167AGAINST: 144,993,886

Details: description as filed, official tally, votes by 1,518 asset managers

Description as filed by funds: 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”): 148,837,167 for, 144,993,886 against — passed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 50.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

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: 230 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,887,719	89,317	2	For
BlackRock	15,751,150	330,321	0	For
Invesco	2,822	13,233,516	0	Against
Fidelity	12,326,259	270,591	0	For
State Street	1,188	5,048,495	0	Against
Capital Group	0	3,456,215	0	Against
Charles Schwab	2,754	3,086,163	0	Against
Dodge & Cox	2,018,200	0	0	For
Victory Capital	0	1,524,314	0	Against
TIAA	0	1,282,286	0	Against
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	0	786,995	0	Against
JPMorgan	0	785,299	0	Against
Jackson National	771,456	11,942	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	0	711,548	0	Against
Federated Hermes	708,303	0	0	For
ProShares	0	692,595	0	Against
MASTER INVESTMENT PORTFOLIO	632,027	15,921	0	For
Global X	528,239	10,285	0	For
First Trust	0	535,194	0	Against
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	489,877	3,317	0	For

Fund voting reports, all 230 managers: 83,764,616 for, 37,388,421 against, 102,669 abstained, 319 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,326 asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Vote
BlackRock	16,705,931	2,964,813	Mixed
Invesco	160,007	15,169,435	Against
State Street	49,295	13,026,549	Against
GEODE CAPITAL MANAGEMENT, LLC	11,679,836	0	For
Amundi	4,679,727	10,321	For
PRIMECAP MANAGEMENT CO/CA/	4,667,459	0	For
Fidelity	2,192,246	2,224,006	Mixed
Vanguard	4,260,595	43,131	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0	4,054,354	Against
Northern Trust	0	3,977,692	Against
UBS	0	3,212,727	Against
Capital Group	389	3,207,433	Against
Charles Schwab	2,754	3,142,708	Against
Dodge & Cox	2,375,490	0	For
MELLON INVESTMENTS Corp	2,299,648	18,908	For
Aristotle Capital Management, LLC	2,154,558	0	For
Walter Scott & Partners Ltd	1,988,658	0	For
AQR	0	1,866,416	Against
Legal & General Investment Management Ltd	681	1,785,332	Against
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	0	1,779,867	Against
T. Rowe Price	0	1,715,665	Against
John Hancock	0	1,650,365	Against
Two Sigma	0	1,490,912	Against
CANADA PENSION PLAN INVESTMENT BOARD	0	1,471,334	Against
Nuveen	0	1,394,738	Against

Institutional-manager reports, all 1,326 managers: 79,327,220 for, 111,698,404 against, 110,800 withheld, 269,339 abstained, 93,217 not voted, 40,281 mixed, 256 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 10 wordings of this item as funds reported it.

91% Approved · of votes cast

FOR 91%

FOR: 304,073,299AGAINST: 31,540,619

Details: description as filed, official tally, votes by 246 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 27, 2026.

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 27, 2026”): 304,073,299 for, 31,540,619 against — passed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 246 asset managers below reported 121,197,194 for, 372,746 against, 52,669 abstained, 319 not voted.

FOR

FOR: 121,197,194AGAINST: 372,746ABSTAIN: 52,669NOT VOTED: 319

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., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	41,950,021	27,016	2	For
BlackRock	16,079,049	2,422	0	For
Invesco	13,236,338	0	0	For
Fidelity	12,596,850	0	0	For
State Street	5,049,614	69	0	For
Capital Group	3,456,215	0	0	For
Charles Schwab	3,088,917	0	0	For
Dodge & Cox	2,018,200	0	0	For
Victory Capital	1,524,314	0	0	For
TIAA	1,282,286	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,245,764	0	0	For
Pacer Funds Trust	1,131,203	0	0	For
VanEck ETF Trust	902,719	0	0	For
John Hancock	786,995	0	0	For
JPMorgan	785,299	0	0	For
Jackson National	783,398	0	0	For
Columbia Threadneedle	731,594	0	0	For
Dimensional	711,548	0	0	For
Federated Hermes	708,303	0	0	For
ProShares	692,595	0	0	For
MASTER INVESTMENT PORTFOLIO	647,948	0	0	For
Global X	536,547	1,977	0	For
First Trust	535,194	0	0	For
DIAMOND HILL FUNDS	529,605	0	0	For
SEI	475,424	17,770	0	For

Showing the 25 largest of 246 asset managers. See all 246 in the interactive database.

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

Official resultCOMPENSATIONReported outcome: Not approved

Combines 10 wordings of this item as funds reported it.

8% Not approved · of votes cast

8%AGAINST

FOR: 23,956,990AGAINST: 269,589,945

Details: description as filed, official tally, votes by 278 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”): 23,956,990 for, 269,589,945 against — failed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 278 asset managers below reported 997,364 for, 120,081,542 against, 64,763 abstained, 319 not voted, 10,583 unknown.

AGAINST

FOR: 997,364AGAINST: 120,081,542ABSTAIN: 64,763UNKNOWN: 10,583NOT VOTED: 319

Largest asset managers voting on “Stockholder Proposal Regarding Vote on Golden Parachutes.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	44,403	41,932,631	4	Against
BlackRock	317,411	15,764,060	0	Against
Invesco	2,822	13,233,516	0	Against
Fidelity	0	12,596,850	0	Against
State Street	7,418	5,042,265	0	Against
Capital Group	0	3,456,215	0	Against
Charles Schwab	0	3,088,917	0	Against
Dodge & Cox	0	2,018,200	0	Against
Victory Capital	0	1,524,314	0	Against
TIAA	0	1,282,286	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	1,245,764	0	Against
Pacer Funds Trust	0	1,131,203	0	Against
VanEck ETF Trust	0	902,719	0	Against
John Hancock	0	786,995	0	Against
Jackson National	4,250	779,148	0	Against
Columbia Threadneedle	0	731,594	0	Against
Dimensional	0	711,548	0	Against
Federated Hermes	0	708,303	0	Against
ProShares	0	692,595	0	Against
MASTER INVESTMENT PORTFOLIO	15,921	632,027	0	Against
Global X	0	538,524	0	Against
First Trust	0	535,194	0	Against
DIAMOND HILL FUNDS	0	529,605	0	Against
SEI	17,770	475,424	0	Against
Six Circles Trust	0	437,818	0	Against

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

16. 8. Vote upon a stockholder proposal regarding retirement plan climate risk

Official resultENVIRONMENT OR CLIMATEReported outcome: Not approved

Combines 6 wordings of this item as funds reported it.

10% Not approved · of votes cast

10%AGAINST

FOR: 26,993,426AGAINST: 249,732,648

Details: description as filed, official tally, votes by 245 asset managers

Description as filed by funds: Stockholder Proposal Regarding Retirement Plan Climate Risk.

Adobe Inc.’s own tally for this item (“8. Vote upon a stockholder proposal regarding retirement plan climate risk”): 26,993,426 for, 249,732,648 against — failed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 10% 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: “Shareholder Proposal Regarding Report on Portfolio Risk in Employee Retirement Options” (4 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 245 asset managers below reported 653,602 for, 107,038,534 against, 13,772,346 abstained, 319 not voted, 10,583 unknown.

AGAINST

FOR: 653,602AGAINST: 107,038,534ABSTAIN: 13,772,346UNKNOWN: 10,583NOT VOTED: 319

Largest asset managers voting on “Stockholder Proposal Regarding Retirement Plan Climate Risk.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	140	28,542,432	13,434,466	Mixed
BlackRock	7,635	16,073,836	0	Against
Invesco	0	13,236,338	0	Against
Fidelity	0	12,596,850	0	Against
State Street	1,175	5,048,508	0	Against
Capital Group	0	3,456,215	0	Against
Charles Schwab	0	3,088,917	0	Against
Dodge & Cox	0	2,018,200	0	Against
Victory Capital	0	1,524,314	0	Against
TIAA	0	1,282,286	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	1,245,764	0	Against
Pacer Funds Trust	0	1,131,203	0	Against
VanEck ETF Trust	0	902,719	0	Against
John Hancock	4,963	782,032	0	Against
JPMorgan	0	785,299	0	Against
Jackson National	0	783,398	0	Against
Columbia Threadneedle	0	731,594	0	Against
Dimensional	8,420	703,128	0	Against
Federated Hermes	0	708,303	0	Against
ProShares	0	692,595	0	Against
MASTER INVESTMENT PORTFOLIO	0	647,948	0	Against
Global X	0	538,524	0	Against
First Trust	0	535,194	0	Against
DIAMOND HILL FUNDS	0	529,605	0	Against
SEI	0	493,194	0	Against

Showing the 25 largest of 245 asset managers. See all 245 in the interactive database.

17. 7. Vote upon a stockholder proposal regarding report on civil liberties in digital services

Official resultDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Not approved

Combines 6 wordings of this item as funds reported it.

0.6% Not approved · of votes cast

AGAINST

FOR: 1,501,051AGAINST: 290,666,105

Details: description as filed, official tally, votes by 238 asset managers

Description as filed by funds: Stockholder Proposal Regarding Report on Civil Liberties in Digital Services.

Adobe Inc.’s own tally for this item (“7. Vote upon a stockholder proposal regarding report on civil liberties in digital services”): 1,501,051 for, 290,666,105 against — failed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 0.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 238 asset managers below reported 122,321 for, 119,827,787 against, 337,892 abstained, 319 not voted, 10,755 unknown.

AGAINST

FOR: 122,321AGAINST: 119,827,787ABSTAIN: 337,892UNKNOWN: 10,755NOT VOTED: 319

Largest asset managers voting on “Stockholder Proposal Regarding Report on Civil Liberties in Digital Services.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	8	41,977,017	12	Against
BlackRock	0	16,081,471	0	Against
Invesco	0	13,236,338	0	Against
Fidelity	0	12,596,850	0	Against
State Street	0	5,049,683	0	Against
Capital Group	0	3,456,215	0	Against
Charles Schwab	0	3,088,917	0	Against
Dodge & Cox	0	2,018,200	0	Against
Victory Capital	0	1,524,314	0	Against
TIAA	0	1,282,286	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	1,245,764	0	Against
Pacer Funds Trust	0	1,131,203	0	Against
VanEck ETF Trust	0	902,719	0	Against
John Hancock	0	786,995	0	Against
Jackson National	0	783,398	0	Against
Columbia Threadneedle	0	731,594	0	Against
Dimensional	0	711,548	0	Against
Federated Hermes	0	708,303	0	Against
ProShares	0	692,595	0	Against
MASTER INVESTMENT PORTFOLIO	0	647,948	0	Against
Global X	0	538,524	0	Against
First Trust	0	535,194	0	Against
DIAMOND HILL FUNDS	0	529,605	0	Against
SEI	0	493,194	0	Against
Six Circles Trust	0	437,818	0	Against

Showing the 25 largest of 238 asset managers. See all 238 in the interactive database.

18. 6. Vote upon a stockholder proposal regarding board matrix

Official resultCORPORATE GOVERNANCEReported outcome: Not approved

Combines 2 wordings of this item as funds reported it.

13% Not approved · of votes cast

13%AGAINST

FOR: 38,813,057AGAINST: 253,504,241

Details: description as filed, official tally, votes by 236 asset managers

Description as filed by funds: Stockholder Proposal Regarding Board Matrix.

Adobe Inc.’s own tally for this item (“6. Vote upon a stockholder proposal regarding board matrix”): 38,813,057 for, 253,504,241 against — failed, per its Form 8-K filed April 21, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “At the Annual Meeting, held on April 15, 2026, the Company's stockholders approved proposals one through four and did not approve proposals five through eight listed below.”
Support: 13% 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: “Shareholder Proposal Regarding Disclosure of Gender and Race/Ethnicity in Board Skills Matrix” (4 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 236 asset managers below reported 537,687 for, 119,412,337 against, 337,888 abstained, 319 not voted, 10,583 unknown.

AGAINST

FOR: 537,687AGAINST: 119,412,337ABSTAIN: 337,888UNKNOWN: 10,583NOT VOTED: 319

Largest asset managers voting on “Stockholder Proposal Regarding Board Matrix.” at Adobe Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	183	41,976,846	8	Against
BlackRock	7,635	16,073,836	0	Against
Invesco	0	13,236,338	0	Against
Fidelity	0	12,596,850	0	Against
State Street	1,175	5,048,508	0	Against
Capital Group	0	3,456,215	0	Against
Charles Schwab	0	3,088,917	0	Against
Dodge & Cox	0	2,018,200	0	Against
Victory Capital	0	1,524,314	0	Against
TIAA	0	1,282,286	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	1,245,764	0	Against
Pacer Funds Trust	0	1,131,203	0	Against
VanEck ETF Trust	0	902,719	0	Against
John Hancock	0	786,995	0	Against
Jackson National	0	783,398	0	Against
Columbia Threadneedle	0	731,594	0	Against
Dimensional	0	711,548	0	Against
Federated Hermes	0	708,303	0	Against
ProShares	0	692,595	0	Against
MASTER INVESTMENT PORTFOLIO	0	647,948	0	Against
Global X	0	538,524	0	Against
First Trust	0	535,194	0	Against
DIAMOND HILL FUNDS	0	529,605	0	Against
SEI	17,770	475,424	0	Against
Six Circles Trust	0	437,818	0	Against

Showing the 25 largest of 236 asset managers. See all 236 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of April 22, 2025, which belongs to the 2024-2025 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 2025-2026

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 406,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top Adobe Inc. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	10.34%
2	BlackRock	3.96%
3	Invesco	3.26%
4	Fidelity	3.10%
5	State Street	1.24%
6	Capital Group	0.85%
7	Charles Schwab	0.76%
8	Dodge & Cox	0.50%
9	Victory Capital	0.38%
10	TIAA	0.32%

Institutional-manager reports: top Adobe Inc. shareholders by shares voted on “Approve, on an advisory basis, the compensation of our named executive officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	BlackRock	4.85%
2	Invesco	3.78%
3	State Street	3.22%
4	GEODE CAPITAL MANAGEMENT, LLC	2.88%
5	Amundi	1.16%
6	PRIMECAP MANAGEMENT CO/CA/	1.15%
7	Fidelity	1.09%
8	Vanguard	1.06%
9	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1.00%
10	Northern Trust	0.98%

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 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	10.17%	13F
BlackRock	10.05%	13F
State Street	4.90%	13F
Morgan Stanley	1.53%	13F
Invesco	1.37%	13F
BNY Mellon	1.28%	13F
Citadel Advisors	1.17%	13F
Northern Trust	1.17%	13F
Goldman Sachs	1.06%	13F
Shantanu Narayen	0.11%	DEF14A

Percentages above are of 406,000,000 shares outstanding, as reported by Adobe Inc. on its Form 10-Q dated February 27, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 27, 2026. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At Adobe Inc.'s shareholder meeting held April 15, 2026, in the 2025-2026 proxy season, 1,522 asset managers reported how they voted on 18 ballot items in their SEC Form N-PX filings, covering 23,421 separate fund positions. On the most widely held item on that ballot — Approve, on an advisory basis, the compensation of our named executive officers. — Adobe Inc.'s filing reports the proposal as approved, with 50.7% 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 21, 2026.

Adobe Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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