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Costco Wholesale Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Costco Wholesale Corporation’s Form 8-K, filed January 21, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.

13Ballot items
1,675Asset managers
19,320Fund votes
January 15, 2026Meeting date

Results at a glance

Meeting of January 15, 2026: 13 items on Costco Wholesale Corporation’s Form 8-K, filed January 21, 2026: 13 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 Costco Wholesale Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Costco Wholesale Corporation

These tallies are Costco Wholesale Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed January 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.

Costco Wholesale Corporation — official shareholder meeting results, meeting held January 15, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Susan L. Decker	271,388,023	15,209,023	394,831	--	65,311,704	95%	Not verified	—
Elect Director: Kenneth D. Denman	284,834,609	1,548,385	608,883	--	65,311,704	99.4%	Not verified	—
Elect Director: Helena B. Foulkes	282,748,943	3,468,233	774,701	--	65,311,704	99%	Not verified	—
Elect Director: Hamilton E. James	272,025,889	14,520,910	445,078	--	65,311,704	95%	Not verified	—
Elect Director: Sally Jewell	282,618,424	3,964,410	409,043	--	65,311,704	99%	Not verified	—
Elect Director: Jeffrey S. Raikes	273,652,014	12,901,665	438,198	--	65,311,704	95%	Not verified	—
Elect Director: Gina M. Raimondo	285,239,485	1,198,976	553,416	--	65,311,704	99.5%	Not verified	—
Elect Director: John W. Stanton	277,740,958	8,807,979	442,940	--	65,311,704	97%	Not verified	—
Elect Director: Ron M. Vachris	284,866,409	1,694,961	430,507	--	65,311,704	99.4%	Not verified	—
Elect Director: Maggie Wilderotter	276,414,143	9,947,380	630,354	--	65,311,704	97%	Not verified	—
Ratification of the Selection of Auditors:	335,155,664	16,539,396	608,521	--	--	95%	Not verified	—
Advisory Vote on Executive Compensation:	251,441,227	34,380,984	1,169,666	--	65,311,704	88%	Not verified	—
Shareholder Proposal Regarding Greenwashing Risk Audit:	4,058,782	279,690,631	3,242,464	--	65,311,704	1%	Not verified	—

Source: Costco Wholesale Corporation, Form 8-K, filed with the SEC on January 21, 2026 — read the filing on EDGAR.

How asset managers voted at the Costco Wholesale Corporation 2025-2026 meeting

Each item below shows how the 1,675 asset managers that disclosed a Costco Wholesale Corporation 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: Jeffrey S. Raikes

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: 273,652,014AGAINST: 12,901,665

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Jeffrey S. Raikes

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Jeffrey S. Raikes”): 273,652,014 for, 12,901,665 against, per its Form 8-K filed January 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 257 asset managers below reported 100,064,185 for, 392,662 against, 35,629 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,064,185AGAINST: 392,662ABSTAIN: 35,629UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Jeffrey S. Raikes” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,330	32	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,860	63	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

2. Elect Director: Gina M. Raimondo

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 285,239,485AGAINST: 1,198,976

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Gina M. Raimondo

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Gina M. Raimondo”): 285,239,485 for, 1,198,976 against, per its Form 8-K filed January 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 257 asset managers below reported 100,432,785 for, 24,045 against, 35,644 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,432,785AGAINST: 24,045ABSTAIN: 35,644UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Gina M. Raimondo” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,358	3	2	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

3. Elect Director: Hamilton E. James

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 272,025,889AGAINST: 14,520,910

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Hamilton E. James

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Hamilton E. James”): 272,025,889 for, 14,520,910 against, per its Form 8-K filed January 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 257 asset managers below reported 100,407,166 for, 49,677 against, 35,630 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,407,166AGAINST: 49,677ABSTAIN: 35,630UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Hamilton E. James” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,320	41	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,636,899	2,684	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,894	29	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

4. Elect Director: Helena B. Foulkes

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 282,748,943AGAINST: 3,468,233

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Helena B. Foulkes

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Helena B. Foulkes”): 282,748,943 for, 3,468,233 against, per its Form 8-K filed January 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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 257 asset managers below reported 100,134,103 for, 322,700 against, 35,670 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,134,103AGAINST: 322,700ABSTAIN: 35,670UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Helena B. Foulkes” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,354	5	2	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

5. Elect Director: John W. Stanton

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 277,740,958AGAINST: 8,807,979

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: John W. Stanton

Costco Wholesale Corporation’s own tally for this item (“Elect Director: John W. Stanton”): 277,740,958 for, 8,807,979 against, per its Form 8-K filed January 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 257 asset managers below reported 100,357,201 for, 99,643 against, 35,629 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,357,201AGAINST: 99,643ABSTAIN: 35,629UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: John W. Stanton” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,337	25	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,948	22	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

6. Elect Director: Kenneth D. Denman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 284,834,609AGAINST: 1,548,385

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Kenneth D. Denman

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Kenneth D. Denman”): 284,834,609 for, 1,548,385 against, per its Form 8-K filed January 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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 257 asset managers below reported 100,430,918 for, 25,905 against, 35,650 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,430,918AGAINST: 25,905ABSTAIN: 35,650UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Kenneth D. Denman” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,357	3	2	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

7. Elect Director: Maggie Wilderotter

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 276,414,143AGAINST: 9,947,380

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Maggie Wilderotter

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Maggie Wilderotter”): 276,414,143 for, 9,947,380 against, per its Form 8-K filed January 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 257 asset managers below reported 99,312,876 for, 1,143,946 against, 35,652 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 99,312,876AGAINST: 1,143,946ABSTAIN: 35,652UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Maggie Wilderotter” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,336	25	2	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	710,993	8,653	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	0	683,218	0	Against
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,948	22	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	517,509	6,626	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

8. Elect Director: Ron M. Vachris

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 284,866,409AGAINST: 1,694,961

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Ron M. Vachris

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Ron M. Vachris”): 284,866,409 for, 1,694,961 against, per its Form 8-K filed January 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 257 asset managers below reported 100,432,700 for, 24,145 against, 35,629 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,432,700AGAINST: 24,145ABSTAIN: 35,629UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Ron M. Vachris” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,357	4	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,894	29	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

9. Elect Director: Sally Jewell

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 282,618,424AGAINST: 3,964,410

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Sally Jewell

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Sally Jewell”): 282,618,424 for, 3,964,410 against, per its Form 8-K filed January 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 257 asset managers below reported 100,409,132 for, 47,714 against, 35,625 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,409,132AGAINST: 47,714ABSTAIN: 35,625UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Sally Jewell” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,350	10	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,948	22	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

10. Elect Director: Susan L. Decker

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 271,388,023AGAINST: 15,209,023

Details: description as filed, official tally, votes by 257 asset managers

Description as filed by funds: Election of Directors: Susan L. Decker

Costco Wholesale Corporation’s own tally for this item (“Elect Director: Susan L. Decker”): 271,388,023 for, 15,209,023 against, per its Form 8-K filed January 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 257 asset managers below reported 100,188,360 for, 268,488 against, 35,624 abstained, 335 not voted, 19,294 unknown.

FOR

FOR: 100,188,360AGAINST: 268,488ABSTAIN: 35,624UNKNOWN: 19,294NOT VOTED: 335

Largest asset managers voting on “Election of Directors: Susan L. Decker” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,487,321	39	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,639,583	0	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,860	63	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 257 asset managers. See all 257 in the interactive database.

11. Advisory Vote on Executive Compensation:

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

Combines 44 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%

FOR: 251,441,227AGAINST: 34,380,984

Details: description as filed, official tally, votes by 1,672 asset managers

Description as filed by funds: Approval, on an advisory basis, of executive compensation.

Costco Wholesale Corporation’s own tally for this item (“Advisory Vote on Executive Compensation:”): 251,441,227 for, 34,380,984 against, per its Form 8-K filed January 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: 88% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Costco Wholesale Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “APPROVAL, ON AN ADVISORY BASIS, OF EXECUTIVE H.” (3 managers, 4,668 for); “COMPENSATION” (2 managers, 2,181 for).

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: 233 asset managers voting on “Approval, on an advisory basis, of executive compensation.” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,171,740	315,619	3	For
Fidelity	13,633,464	0	0	For
BlackRock	12,634,527	5,056	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,923	0	0	For
Charles Schwab	3,175,095	796	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	227,795	491,851	0	Mixed
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	0	683,218	0	Against
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,948	22	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	0	545,302	0	Against
Jackson National	517,509	6,626	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	341,950	0	0	For
Goldman Sachs	301,183	0	0	For

Fund voting reports, all 233 managers: 96,766,150 for, 3,538,132 against, 42,358 abstained, 735 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,476 asset managers voting on “Approval, on an advisory basis, of executive compensation.” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Vote
BlackRock	16,724,899	32,006	For
State Street	10,567,823	19,322	For
GEODE CAPITAL MANAGEMENT, LLC	10,268,836	0	For
Fidelity	5,849,588	0	For
Capital Group	4,680,864	0	For
Northern Trust	4,439,771	0	For
Vanguard	4,386,187	0	For
Invesco	4,120,366	0	For
Charles Schwab	3,278,932	796	For
Fisher Asset Management, LLC	2,855,989	0	For
Amundi	2,764,956	9,018	For
T. Rowe Price	2,680,833	0	For
AllianceBernstein	2,597,819	0	For
JENNISON ASSOCIATES LLC	0	2,390,561	Against
MELLON INVESTMENTS Corp	2,330,649	0	For
Nuveen	2,131,994	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,050,113	0	For
Goldman Sachs	1,984,177	0	For
WELLS FARGO CLEARING SERVICES, LLC	1,807,776	0	For
RBC Dominion Securities Inc.	1,769,920	0	For
Legal & General Investment Management Ltd	719	1,564,964	Against
American Century	1,564,472	0	For
BANK OF AMERICA NA	0	1,492,930	Against
National Pension Service	1,468,438	0	For
UBS	1,262,837	193,018	Mixed

Institutional-manager reports, all 1,476 managers: 144,232,410 for, 21,875,815 against, 500 withheld, 230,973 abstained, 74,903 not voted, 20,003 unknown, 15,196 mixed. Showing the 25 largest; see all in the interactive database.

12. Ratification of the Selection of Auditors:

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 335,155,664AGAINST: 16,539,396

Details: description as filed, official tally, votes by 258 asset managers

Description as filed by funds: Ratification of selection of independent auditors.

Costco Wholesale Corporation’s own tally for this item (“Ratification of the Selection of Auditors:”): 335,155,664 for, 16,539,396 against, per its Form 8-K filed January 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 258 asset managers below reported 100,135,804 for, 342,773 against, 35,624 abstained, 335 not voted.

FOR

FOR: 100,135,804AGAINST: 342,773ABSTAIN: 35,624NOT VOTED: 335

Largest asset managers voting on “Ratification of selection of independent auditors.” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	39,463,826	23,535	1	For
Fidelity	13,633,464	0	0	For
BlackRock	12,636,899	2,684	0	For
Capital Group	4,525,706	0	0	For
State Street	3,359,860	63	0	For
Charles Schwab	3,175,891	0	0	For
Invesco	3,166,177	0	0	For
TIAA	2,059,040	0	0	For
American Century	1,305,190	0	0	For
JPMorgan	915,765	0	0	For
T. Rowe Price	791,349	0	0	For
Prudential/PGIM	719,646	0	0	For
MASTER INVESTMENT PORTFOLIO	692,807	0	0	For
Dimensional	683,218	0	0	For
AB LARGE CAP GROWTH FUND INC	614,858	0	0	For
Parnassus	614,533	0	0	For
Principal	589,970	0	0	For
ProShares	586,109	0	0	For
HARBOR FUNDS	545,302	0	0	For
Jackson National	524,135	0	0	For
First Trust	482,732	0	0	For
Columbia Threadneedle	343,048	0	0	For
Victory Capital	342,034	0	0	For
Equitable	337,020	4,930	0	For
Goldman Sachs	301,183	0	0	For

Showing the 25 largest of 258 asset managers. See all 258 in the interactive database.

13. Shareholder Proposal Regarding Greenwashing Risk Audit:

Outcome not verifiedENVIRONMENT OR CLIMATEReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

1% Majority: no · of votes cast

AGAINST

FOR: 4,058,782AGAINST: 279,690,631

Details: description as filed, official tally, votes by 246 asset managers

Description as filed by funds: Shareholder proposal regarding greenwashing risk audit.

Costco Wholesale Corporation’s own tally for this item (“Shareholder Proposal Regarding Greenwashing Risk Audit:”): 4,058,782 for, 279,690,631 against, per its Form 8-K filed January 21, 2026 (Item 5.07). FOR was not 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: 1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 246 asset managers below reported 119,005 for, 98,855,380 against, 257,371 abstained, 335 not voted, 21,592 unknown.

AGAINST

FOR: 119,005AGAINST: 98,855,380ABSTAIN: 257,371UNKNOWN: 21,592NOT VOTED: 335

Largest asset managers voting on “Shareholder proposal regarding greenwashing risk audit.” at Costco Wholesale Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	10	39,487,342	9	Against
Fidelity	0	13,633,464	0	Against
BlackRock	0	12,639,583	0	Against
Capital Group	0	4,525,706	0	Against
State Street	0	3,359,923	0	Against
Charles Schwab	0	3,175,891	0	Against
Invesco	0	3,166,177	0	Against
TIAA	0	2,059,040	0	Against
American Century	0	1,305,190	0	Against
T. Rowe Price	0	791,349	0	Against
Prudential/PGIM	0	719,646	0	Against
MASTER INVESTMENT PORTFOLIO	0	692,807	0	Against
Dimensional	0	683,218	0	Against
AB LARGE CAP GROWTH FUND INC	0	614,858	0	Against
Parnassus	0	614,533	0	Against
Principal	0	589,970	0	Against
ProShares	0	586,109	0	Against
HARBOR FUNDS	0	545,302	0	Against
Jackson National	0	524,135	0	Against
First Trust	0	482,732	0	Against
Columbia Threadneedle	0	343,048	0	Against
Victory Capital	0	342,034	0	Against
Equitable	0	341,950	0	Against
Goldman Sachs	0	301,183	0	Against
AMCAP FUND	0	293,397	0	Against

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

Not shown here: this season’s fund filings also report 1 item from the meeting of January 23, 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 Costco Wholesale Corporation 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 443,919,000 shares outstanding at the time of that meeting.

Fund voting reports: top Costco Wholesale Corporation shareholders by shares voted on “Ratification of selection of independent auditors.”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	8.90%
2	Fidelity	3.07%
3	BlackRock	2.85%
4	Capital Group	1.02%
5	State Street	0.76%
6	Charles Schwab	0.72%
7	Invesco	0.71%
8	TIAA	0.46%
9	American Century	0.29%
10	JPMorgan	0.21%

Institutional-manager reports: top Costco Wholesale Corporation shareholders by shares voted on “Approval, on an advisory basis, of executive compensation.”, 2025-2026
#	Asset manager	% of shares outstanding
1	BlackRock	3.77%
2	State Street	2.38%
3	GEODE CAPITAL MANAGEMENT, LLC	2.31%
4	Fidelity	1.32%
5	Capital Group	1.05%
6	Northern Trust	1.00%
7	Vanguard	0.99%
8	Invesco	0.93%
9	Charles Schwab	0.74%
10	Fisher Asset Management, LLC	0.64%

Reported Costco Wholesale Corporation 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.

Costco Wholesale Corporation holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.83%	13F
BlackRock	7.87%	13F
State Street	4.09%	13F
Morgan Stanley	2.15%	13F
FMR (Fidelity)	1.51%	13F
Northern Trust	1.11%	13F
Invesco	0.97%	13F
JPMorgan Chase	0.91%	13F
Goldman Sachs	0.78%	13F

Percentages above are of 443,919,000 shares outstanding, as reported by Costco Wholesale Corporation on its Form 10-Q dated November 23, 2025 (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 Costco Wholesale Corporation’s 10-Q dated November 23, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At Costco Wholesale Corporation's shareholder meeting held January 15, 2026, in the 2025-2026 proxy season, 1,675 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 19,320 separate fund positions. On the most widely held item on that ballot — Approval, on an advisory basis, of executive compensation. — FOR was 88% 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: Costco Wholesale Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on January 21, 2026.

Costco Wholesale Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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