COMMERCE BANCSHARES INC. 2024-2025 Proxy Voting Records

Description as filed by funds: To elect one Director to the 2027 Class for a term of two years: Benjamin F. Rassieur, III

COMMERCE BANCSHARES INC.’s own tally for this item (“Elect Director: Benjamin F. Rassieur, III”): 87,383,177 for, 10,190,629 withheld, per its Form 8-K filed April 29, 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: Elected, in the filing’s own words: “The four nominees for the four directorships received the following votes: Based on the votes set forth above, the foregoing person was duly elected to serve as director for a term expiring at the annual meeting of shareholders in 2027 and until his respective successor has been duly elected and qu…”
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 42,937,530 for, 3,081,135 withheld.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

Description as filed by funds: To elect four Directors to the 2028 Class for a term of three years: June McAllister Fowler

COMMERCE BANCSHARES INC.’s own tally for this item (“Elect Director: June McAllister Fowler”): 94,245,070 for, 3,328,736 withheld, per its Form 8-K filed April 29, 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: Elected, in the filing’s own words: “The four nominees for the four directorships received the following votes: Based on the votes set forth above, the foregoing person was duly elected to serve as director for a term expiring at the annual meeting of shareholders in 2027 and until his respective successor has been duly elected and qu…”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 44,306,501 for, 1,712,164 withheld.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

Description as filed by funds: To elect four Directors to the 2028 Class for a term of three years: Todd R. Schnuck

COMMERCE BANCSHARES INC.’s own tally for this item (“Elect Director: Todd R. Schnuck”): 93,345,633 for, 4,228,173 withheld, per its Form 8-K filed April 29, 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: Elected, in the filing’s own words: “The four nominees for the four directorships received the following votes: Based on the votes set forth above, the foregoing person was duly elected to serve as director for a term expiring at the annual meeting of shareholders in 2027 and until his respective successor has been duly elected and qu…”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 44,218,473 for, 1,800,192 withheld.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

Description as filed by funds: To elect four Directors to the 2028 Class for a term of three years: Christine B. Taylor

COMMERCE BANCSHARES INC.’s own tally for this item (“Elect Director: Christine B. Taylor”): 92,906,443 for, 4,667,363 withheld, per its Form 8-K filed April 29, 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: Elected, in the filing’s own words: “The four nominees for the four directorships received the following votes: Based on the votes set forth above, the foregoing person was duly elected to serve as director for a term expiring at the annual meeting of shareholders in 2027 and until his respective successor has been duly elected and qu…”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 43,932,616 for, 2,086,049 withheld.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

Description as filed by funds: To elect four Directors to the 2028 Class for a term of three years: Timothy S. Dunn

COMMERCE BANCSHARES INC.’s own tally for this item (“Elect Director: Timothy S. Dunn”): 97,223,811 for, 349,995 withheld, per its Form 8-K filed April 29, 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: Elected, in the filing’s own words: “The four nominees for the four directorships received the following votes: Based on the votes set forth above, the foregoing person was duly elected to serve as director for a term expiring at the annual meeting of shareholders in 2027 and until his respective successor has been duly elected and qu…”
Support: 99.6% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 45,995,537 for, 23,128 withheld.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.

Description as filed by funds: Advisory approval of the Company's executive compensation ("Say on Pay").

COMMERCE BANCSHARES INC.’s own tally for this item (“4. Advisory approval of the Company's executive compensation as disclosed pursuant to Item 402 of Regulation S-K”): 89,595,192 for, 7,496,037 against, per its Form 8-K filed April 29, 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: 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 COMMERCE BANCSHARES INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (13 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

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, all 97 managers: 43,264,879 for, 2,617,521 against, 1 withheld, 23,128 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 358 managers: 41,473,842 for, 5,336,868 against, 4,033 not voted. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: TO RATIFY THE SELECTION OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025.

COMMERCE BANCSHARES INC.’s own tally for this item (“3. Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2025”): 117,237,068 for, 1,204,500 against — passed, per its Form 8-K filed April 29, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Based on the votes set forth above, the appointment of KPMG LLP as the Company's independent registered public accounting firm to serve for 2025 was duly ratified by the shareholders.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 98 asset managers below reported 45,911,045 for, 84,492 against, 23,128 abstained.

Showing the 25 largest of 98 asset managers. See all 98 in the interactive database.