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ADVANCED DRAINAGE SYSTEMS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ADVANCED DRAINAGE SYSTEMS INC.’s Form 8-K, filed July 18, 2024 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 13Ballot items
  • 489Asset managers
  • 6,532Fund votes
  • July 18, 2024Meeting date

Results at a glance

Meeting of July 18, 2024: 13 items on ADVANCED DRAINAGE SYSTEMS INC.’s Form 8-K, filed July 18, 2024: 11 elected · 1 approved · 1 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 ADVANCED DRAINAGE SYSTEMS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ADVANCED DRAINAGE SYSTEMS INC.

These tallies are ADVANCED DRAINAGE SYSTEMS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed July 18, 2024 (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.

ADVANCED DRAINAGE SYSTEMS INC. — official shareholder meeting results, meeting held July 18, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: D. Scott Barbour 66,842,686708,85822,190 --1,831,130 99%Elected—
Elect Director: Anesa T. Chaibi 66,473,478853,489246,767 --1,831,130 99%Elected—
Elect Director: Michael B. Coleman 66,240,8091,180,672152,253 --1,831,130 98%Elected—
Elect Director: Robert M. Eversole 60,696,3876,724,965152,382 --1,831,130 90%Elected—
Elect Director: Alexander R. Fischer 54,850,95412,405,433317,347 --1,831,130 82%Elected—
Elect Director: Tanya D. Fratto 64,129,1623,197,862246,710 --1,831,130 95%Elected—
Elect Director: Kelly S. Gast 66,967,121440,393166,220 --1,831,130 99.3%Elected—
Elect Director: M.A. (Mark) Haney 66,325,4421,095,448152,844 --1,831,130 98%Elected—
Elect Director: Luther C. Kissam IV 66,435,009672,391466,334 --1,831,130 99%Elected—
Elect Director: Manuel Perez de la Mesa 66,383,7291,037,676152,329 --1,831,130 98%Elected—
Elect Director: Anil Seetharam 64,193,6093,120,923259,202 --1,831,130 95%Elected—
2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2025 62,060,8697,205,591138,404 ---- 90%Approved—
3. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Company's Proxy Statement 57,692,8109,426,331454,593 ---- 86%Not verified—

Source: ADVANCED DRAINAGE SYSTEMS INC., Form 8-K, filed with the SEC on July 18, 2024 — read the filing on EDGAR.

How asset managers voted at the ADVANCED DRAINAGE SYSTEMS INC. 2024-2025 meeting

Each item below shows how the 489 asset managers that disclosed a ADVANCED DRAINAGE SYSTEMS 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: Alexander R. Fischer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST
FOR: 54,850,954AGAINST: 12,405,433
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Alexander R. Fischer

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Alexander R. Fischer”): 54,850,954 for, 12,405,433 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 82% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 23,269,020 for, 1,696,334 against, 14,063 abstained.

FOR
FOR: 23,269,020AGAINST: 1,696,334ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Alexander R. Fischer” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street993788,196 00Against
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X0467,699 00Against
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

2. Elect Director: Anesa T. Chaibi

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,473,478AGAINST: 853,489
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Anesa T. Chaibi

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Anesa T. Chaibi”): 66,473,478 for, 853,489 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,965,219 for, 135 against, 14,063 abstained.

FOR
FOR: 24,965,219AGAINST: 135ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Anesa T. Chaibi” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

3. Elect Director: Anil Seetharam

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 64,193,609AGAINST: 3,120,923
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Anil Seetharam

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Anil Seetharam”): 64,193,609 for, 3,120,923 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,795,466 for, 169,888 against, 14,063 abstained.

FOR
FOR: 24,795,466AGAINST: 169,888ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Anil Seetharam” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,945244 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

4. Elect Director: D. Scott Barbour

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,842,686AGAINST: 708,858
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: D. Scott Barbour

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: D. Scott Barbour”): 66,842,686 for, 708,858 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,950,669 for, 13,306 against, 15,442 abstained.

FOR
FOR: 24,950,669AGAINST: 13,306ABSTAIN: 15,442
Largest asset managers voting on “Election of Directors: D. Scott Barbour” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

5. Elect Director: Kelly S. Gast

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 66,967,121AGAINST: 440,393
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Kelly S. Gast

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Kelly S. Gast”): 66,967,121 for, 440,393 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,963,529 for, 446 against, 15,442 abstained.

FOR
FOR: 24,963,529AGAINST: 446ABSTAIN: 15,442
Largest asset managers voting on “Election of Directors: Kelly S. Gast” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

6. Elect Director: Luther C. Kissam IV

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,435,009AGAINST: 672,391
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Luther C. Kissam IV

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Luther C. Kissam IV”): 66,435,009 for, 672,391 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,951,872 for, 13,482 against, 14,063 abstained.

FOR
FOR: 24,951,872AGAINST: 13,482ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Luther C. Kissam IV” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,1890 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

7. Elect Director: M.A. (Mark) Haney

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,325,442AGAINST: 1,095,448
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: M.A. (Mark) Haney

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: M.A. (Mark) Haney”): 66,325,442 for, 1,095,448 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,949,260 for, 16,094 against, 14,063 abstained.

FOR
FOR: 24,949,260AGAINST: 16,094ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: M.A. (Mark) Haney” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

8. Elect Director: Manuel Perez de la Mesa

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,383,729AGAINST: 1,037,676
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Manuel Perez de la Mesa

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Manuel Perez de la Mesa”): 66,383,729 for, 1,037,676 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,952,048 for, 13,306 against, 14,063 abstained.

FOR
FOR: 24,952,048AGAINST: 13,306ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Manuel Perez de la Mesa” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

9. Elect Director: Michael B. Coleman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,240,809AGAINST: 1,180,672
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Michael B. Coleman

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Michael B. Coleman”): 66,240,809 for, 1,180,672 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,952,048 for, 13,306 against, 14,063 abstained.

FOR
FOR: 24,952,048AGAINST: 13,306ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Michael B. Coleman” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

10. Elect Director: Robert M. Eversole

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 60,696,387AGAINST: 6,724,965
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Robert M. Eversole

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Robert M. Eversole”): 60,696,387 for, 6,724,965 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,715,113 for, 250,241 against, 14,063 abstained.

FOR
FOR: 24,715,113AGAINST: 250,241ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Robert M. Eversole” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,865324 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

11. Elect Director: Tanya D. Fratto

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 64,129,162AGAINST: 3,197,862
Details: description as filed, official tally, votes by 123 asset managers

Description as filed by funds: Election of Directors: Tanya D. Fratto

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Tanya D. Fratto”): 64,129,162 for, 3,197,862 against, per its Form 8-K filed July 18, 2024 (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: Elected, in the filing’s own words: “The Company's stockholders elected each of the eight nominees for director, and the voting results are set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 123 asset managers below reported 24,774,632 for, 190,722 against, 14,063 abstained.

FOR
FOR: 24,774,632AGAINST: 190,722ABSTAIN: 14,063
Largest asset managers voting on “Election of Directors: Tanya D. Fratto” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,865324 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

12. 3. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Company's Proxy…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 18 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%AGAINST
FOR: 57,692,810AGAINST: 9,426,331
Details: description as filed, official tally, votes by 476 asset managers

Description as filed by funds: Approval, in a non-binding advisory vote, of the compensation for named executive officers.

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“3. Advisory vote to approve the compensation of the Company's executive officers as disclosed in the Company's Proxy Statement”): 57,692,810 for, 9,426,331 against, per its Form 8-K filed July 18, 2024 (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.

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: 119 asset managers voting on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco01,340,507 00Against
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,1890 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Fund voting reports, all 119 managers: 23,493,832 for, 1,399,646 against, 14,063 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 386 asset managers voting on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock2,704,072638 00For
State Street2,168,6750 00For
IMPAX ASSET MANAGEMENT LLC1,985,7190 00For
PICTET ASSET MANAGEMENT SA1,764,1150 00For
Invesco01,731,569 00Against
Thrivent1,377,7810 00For
Swedbank Robur Fonder AB01,309,778 00Against
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC1,294,8490 00For
American Century1,286,3670 00For
GEODE CAPITAL MANAGEMENT, LLC1,113,4720 00For
CANADA PENSION PLAN INVESTMENT BOARD1,023,4880 00For
BAILLIE GIFFORD & CO LTD823,0580 00For
BAILLIE GIFFORD OVERSEAS LTD716,9890 00For
BAILLIE GIFFORD & CO623,7620 00For
Liontrust Investment Partners LLP618,6480 00For
ATLANTA CAPITAL MANAGEMENT CO L L C602,4130 00For
Northern Trust575,3150 00For
MELLON INVESTMENTS Corp561,4090 00For
Charles Schwab526,1560 00For
Triodos Investment Management BV0490,500 00Against
Aberdeen0416,321 00Against
Amundi0413,329 00Against
Fidelity35,492353,628 00Mixed
London LGPS CIV Ltd0331,909 00Against
1919 Investment Counsel, LLC318,5170 00For

Institutional-manager reports, all 386 managers: 30,143,162 for, 6,351,689 against, 200,632 abstained, 7,682 not voted. Showing the 25 largest; see all in the interactive database.

13. 2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

90% Approved · of votes cast

FOR 90%
FOR: 62,060,869AGAINST: 7,205,591
Details: description as filed, official tally, votes by 124 asset managers

Description as filed by funds: Ratification of the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for fiscal year 2025.

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2025”): 62,060,869 for, 7,205,591 against — passed, per its Form 8-K filed July 18, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's stockholders ratified the selection of Deloitte & Touche LLP, and the voting results are set forth below:”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 124 asset managers below reported 24,501,963 for, 466,491 against, 14,063 abstained.

FOR
FOR: 24,501,963AGAINST: 466,491ABSTAIN: 14,063
Largest asset managers voting on “Ratification of the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accoun” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,250,689266,120 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,10980 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of July 20, 2023, which belongs to the 2023-2024 season; 1 item from the meeting of July 17, 2025, which belongs to the 2025-2026 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 ADVANCED DRAINAGE SYSTEMS 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 71,198,000 shares outstanding at the time of that meeting.

Fund voting reports: top ADVANCED DRAINAGE SYSTEMS INC. shareholders by shares voted on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.56%
2BlackRock 5.31%
3Thrivent 1.89%
4Invesco 1.88%
5Fidelity 1.51%
6John Hancock 1.46%
7American Century 1.44%
8State Street 1.11%
9First Trust 1.06%
10Dimensional 0.70%
Institutional-manager reports: top ADVANCED DRAINAGE SYSTEMS INC. shareholders by shares voted on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 3.80%
2State Street 3.05%
3IMPAX ASSET MANAGEMENT LLC 2.79%
4PICTET ASSET MANAGEMENT SA 2.48%
5Invesco 2.43%
6Thrivent 1.94%
7Swedbank Robur Fonder AB 1.84%
8WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 1.82%
9American Century 1.81%
10GEODE CAPITAL MANAGEMENT, LLC 1.56%

Reported ADVANCED DRAINAGE SYSTEMS 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.

ADVANCED DRAINAGE SYSTEMS INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.59% 13F
BlackRock 10.26% 13F
Common Stock Held in KSOP 7.67% DEF14A
KSOP 7.67% DEF14A
State Street 3.63% 13F
Invesco 2.44% 13F
Morgan Stanley 2.17% 13F
Dimensional Fund Advisors 1.45% 13F
Norges Bank 1.10% 13F
D. Scott Barbour 1.03% DEF14A

Percentages above are of 71,198,000 shares outstanding, as reported by ADVANCED DRAINAGE SYSTEMS INC. on its Form 10-Q dated June 30, 2024 (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 ADVANCED DRAINAGE SYSTEMS INC.’s 10-Q dated June 30, 2024. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At ADVANCED DRAINAGE SYSTEMS INC.'s shareholder meeting held July 18, 2024, in the 2024-2025 proxy season, 489 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 6,532 separate fund positions. On the most widely held item on that ballot — Approval, in a non-binding advisory vote, of the compensation for named executive officers. — FOR was 86% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: ADVANCED DRAINAGE SYSTEMS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on July 18, 2024.

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

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