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DOW INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and DOW INC.’s Form 8-K, filed April 15, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 15Reported items
  • 1,124Asset managers
  • 10,492Fund votes
  • April 10, 2025Meeting date

Results at a glance

Meeting of April 10, 2025: 13 items on DOW INC.’s Form 8-K, filed April 15, 2025: 13 elected.

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 DOW INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by DOW INC.

These tallies are DOW INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 15, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

DOW INC. — official shareholder meeting results, meeting held April 10, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Samuel R. Allen 446,970,42114,691,8862,179,949 --123,063,566 97%Elected—
Elect Director: Gaurdie E. Banister Jr. 448,903,05512,997,6261,941,575 --123,063,566 97%Elected—
Elect Director: Wesley G. Bush 451,314,99110,663,5291,863,736 --123,063,566 98%Elected—
Elect Director: Richard K. Davis 447,595,89014,367,4601,878,906 --123,063,566 97%Elected—
Elect Director: Jerri DeVard 449,801,15612,196,8791,844,221 --123,063,566 97%Elected—
Elect Director: Debra L. Dial 452,579,1139,425,3391,837,804 --123,063,566 98%Elected—
Elect Director: Jeff M. Fettig 433,633,33728,348,1331,860,786 --123,063,566 94%Elected—
Elect Director: Jim Fitterling 429,937,73232,222,5721,681,952 --123,063,566 93%Elected—
Elect Director: Jacqueline C. Hinman 439,016,68023,069,6161,755,960 --123,063,566 95%Elected—
Elect Director: Rebecca B. Liebert 453,867,7448,255,0541,719,458 --123,063,566 98%Elected—
Elect Director: Luis Alberto Moreno 448,381,18513,610,4991,850,572 --123,063,566 97%Elected—
Elect Director: Jill S. Wyant 448,861,42513,213,5601,767,271 --123,063,566 97%Elected—
Elect Director: Daniel W. Yohannes 451,597,52010,415,0861,829,650 --123,063,566 98%Elected—

Source: DOW INC., Form 8-K, filed with the SEC on April 15, 2025 — read the filing on EDGAR.

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

Each item below shows how the 1,124 asset managers that disclosed a DOW 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of DOW INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Daniel W. Yohannes

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 451,597,520AGAINST: 10,415,086
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Daniel W. Yohannes

DOW INC.’s own tally for this item (“Elect Director: Daniel W. Yohannes”): 451,597,520 for, 10,415,086 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,995,421 for, 63,304 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,995,421AGAINST: 63,304ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Daniel W. Yohannes” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

2. Elect Director: Debra L. Dial

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 452,579,113AGAINST: 9,425,339
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Debra L. Dial

DOW INC.’s own tally for this item (“Elect Director: Debra L. Dial”): 452,579,113 for, 9,425,339 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,995,421 for, 63,304 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,995,421AGAINST: 63,304ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Debra L. Dial” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

3. Elect Director: Gaurdie E. Banister Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 448,903,055AGAINST: 12,997,626
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Gaurdie E. Banister Jr.

DOW INC.’s own tally for this item (“Elect Director: Gaurdie E. Banister Jr.”): 448,903,055 for, 12,997,626 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,980,508 for, 80,024 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,980,508AGAINST: 80,024ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Gaurdie E. Banister Jr.” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

4. Elect Director: Jacqueline C. Hinman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 439,016,680AGAINST: 23,069,616
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Jacqueline C. Hinman

DOW INC.’s own tally for this item (“Elect Director: Jacqueline C. Hinman”): 439,016,680 for, 23,069,616 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,484,802 for, 575,730 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,484,802AGAINST: 575,730ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Jacqueline C. Hinman” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,206,5799,880 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,133,6001,493 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

5. Elect Director: Jeff M. Fettig

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 433,633,337AGAINST: 28,348,133
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Jeff M. Fettig

DOW INC.’s own tally for this item (“Elect Director: Jeff M. Fettig”): 433,633,337 for, 28,348,133 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,894,193 for, 166,339 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,894,193AGAINST: 166,339ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Jeff M. Fettig” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,134,791302 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

6. Elect Director: Jerri DeVard

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 449,801,156AGAINST: 12,196,879
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Jerri DeVard

DOW INC.’s own tally for this item (“Elect Director: Jerri DeVard”): 449,801,156 for, 12,196,879 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,995,421 for, 63,304 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,995,421AGAINST: 63,304ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Jerri DeVard” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

7. Elect Director: Jill S. Wyant

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 448,861,425AGAINST: 13,213,560
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Jill S. Wyant

DOW INC.’s own tally for this item (“Elect Director: Jill S. Wyant”): 448,861,425 for, 13,213,560 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,980,508 for, 80,024 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,980,508AGAINST: 80,024ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Jill S. Wyant” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

8. Elect Director: Jim Fitterling

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 429,937,732AGAINST: 32,222,572
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Jim Fitterling

DOW INC.’s own tally for this item (“Elect Director: Jim Fitterling”): 429,937,732 for, 32,222,572 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,888,886 for, 169,840 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,888,886AGAINST: 169,840ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Jim Fitterling” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,134,989104 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

9. Elect Director: Luis Alberto Moreno

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 448,381,185AGAINST: 13,610,499
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Luis Alberto Moreno

DOW INC.’s own tally for this item (“Elect Director: Luis Alberto Moreno”): 448,381,185 for, 13,610,499 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,980,508 for, 80,024 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,980,508AGAINST: 80,024ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Luis Alberto Moreno” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

10. Elect Director: Rebecca B. Liebert

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 453,867,744AGAINST: 8,255,054
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Rebecca B. Liebert

DOW INC.’s own tally for this item (“Elect Director: Rebecca B. Liebert”): 453,867,744 for, 8,255,054 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,995,421 for, 63,304 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,995,421AGAINST: 63,304ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Rebecca B. Liebert” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

11. Elect Director: Richard K. Davis

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 447,595,890AGAINST: 14,367,460
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Richard K. Davis

DOW INC.’s own tally for this item (“Elect Director: Richard K. Davis”): 447,595,890 for, 14,367,460 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,888,989 for, 171,543 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,888,989AGAINST: 171,543ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Richard K. Davis” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

12. Elect Director: Samuel R. Allen

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 446,970,421AGAINST: 14,691,886
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Samuel R. Allen

DOW INC.’s own tally for this item (“Elect Director: Samuel R. Allen”): 446,970,421 for, 14,691,886 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,882,139 for, 178,393 against, 18,533 abstained, 287 unknown.

FOR
FOR: 188,882,139AGAINST: 178,393ABSTAIN: 18,533UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Samuel R. Allen” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

13. Elect Director: Wesley G. Bush

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 451,314,991AGAINST: 10,663,529
Details: description as filed, official tally, votes by 151 asset managers

Description as filed by funds: Election of Directors: Wesley G. Bush

DOW INC.’s own tally for this item (“Elect Director: Wesley G. Bush”): 451,314,991 for, 10,663,529 against, per its Form 8-K filed April 15, 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: “Agenda Item 1: Election of Directors The Company's stockholders elected the following thirteen nominees to serve on the Board of Directors of the Company (the "Board") until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 151 asset managers below reported 188,995,421 for, 63,304 against, 20,340 abstained, 287 unknown.

FOR
FOR: 188,995,421AGAINST: 63,304ABSTAIN: 20,340UNKNOWN: 287
Largest asset managers voting on “Election of Directors: Wesley G. Bush” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,135,0930 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Showing the 25 largest of 151 asset managers. See all 151 in the interactive database.

14. ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION

No official matchFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 5 wordings of this item as funds reported it.

96% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 1,109 asset managers

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). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 136 asset managers voting on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard87,189,7080 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,134,791302 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
Charles Schwab5,072,1680 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
SEI714,2280 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For

Fund voting reports, all 136 managers: 187,775,740 for, 187,178 against, 18,533 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 995 asset managers voting on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock19,444,1579,209 00For
State Street18,164,903240,573 00For
PZENA INVESTMENT MANAGEMENT LLC17,613,0430 00For
GEODE CAPITAL MANAGEMENT, LLC17,536,1080 00For
Capital Research Global Investors9,993,7190 00For
Invesco8,480,3200 00For
Capital Group7,464,76821,480 00For
Northern Trust5,958,97737,774 00For
Charles Schwab5,196,1120 00For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO4,816,3520 00For
Vanguard4,371,8230 00For
Cullen Capital Management, LLC3,505,5430 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC803,287,394 00Against
MELLON INVESTMENTS Corp2,931,3530 00For
STIFEL NICOLAUS & CO INC \MO\2,804,0710 00For
Amundi2,427,4520 00For
BANK OF AMERICA NA2,142,9070 00For
Legal & General Investment Management Ltd2142,085,820 00Against
MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,057,2350 00For
MANUFACTURERS & TRADERS TRUST CO1,956,7740 00For
T. Rowe Price1,948,1800 00For
UBS1,724,16979,160 00For
Nuveen1,734,9510 00For
BNY Mellon1,700,0590 00For
Epoch Investment Partners, Inc.1,655,4580 00For

Institutional-manager reports, all 995 managers: 201,674,172 for, 13,941,188 against, 711 withheld, 28,707 abstained, 25,001 not voted, 296 unknown. Showing the 25 largest; see all in the interactive database.

15. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm…

No official matchAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 133 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 2025

The 133 asset managers below reported 180,578,333 for, 234,498 against, 1,807 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 180,578,333AGAINST: 234,498ABSTAIN: 1,807
Largest asset managers voting on “Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accoun” at DOW INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard86,096,0920 00For
BlackRock18,216,4590 00For
Fidelity16,073,0730 00For
Capital Group11,488,7550 00For
State Street8,134,791302 00For
Dimensional5,860,1790 00For
INVESTMENT CO OF AMERICA5,500,0000 00For
Invesco5,115,6110 00For
JPMorgan3,243,1190 00For
First Trust2,442,6160 00For
TIAA1,691,6100 00For
MFS1,435,7710 00For
John Hancock1,325,3140 00For
MASTER INVESTMENT PORTFOLIO1,074,7310 00For
Victory Capital936,1120 00For
Goldman Sachs883,0410 00For
American Century864,1260 00For
Jackson National693,0670 00For
ALPS ETF Trust599,2330 00For
Voya591,1180 00For
Equitable579,4500 00For
T. Rowe Price510,4840 00For
CULLEN FUNDS TRUST458,3930 00For
LIBERTY ALL STAR EQUITY FUND355,6070 00For
Transamerica336,7110 00For

Showing the 25 largest of 133 asset managers. See all 133 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of April 11, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest DOW 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 706,861,738 shares outstanding at the time of that meeting.

Fund voting reports: top DOW INC. shareholders by shares voted on “Election of Directors: Daniel W. Yohannes”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 12.33%
2BlackRock 2.58%
3Fidelity 2.27%
4Capital Group 1.63%
5State Street 1.15%
6Dimensional 0.83%
7INVESTMENT CO OF AMERICA 0.78%
8Invesco 0.72%
9Charles Schwab 0.72%
10JPMorgan 0.46%
Institutional-manager reports: top DOW INC. shareholders by shares voted on “ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION”, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 2.75%
2State Street 2.60%
3PZENA INVESTMENT MANAGEMENT LLC 2.49%
4GEODE CAPITAL MANAGEMENT, LLC 2.48%
5Capital Research Global Investors 1.41%
6Invesco 1.20%
7Capital Group 1.06%
8Northern Trust 0.85%
9Charles Schwab 0.74%
10STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.68%

Reported DOW 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.

DOW INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 11.74% 13F
BlackRock 6.98% 13F
State Street 4.37% 13F
Morgan Stanley 1.80% 13F
Invesco 1.39% 13F
JPMorgan Chase 1.37% 13F
Dimensional Fund Advisors 1.16% 13F
Norges Bank 1.13% 13F
Northern Trust 0.93% 13F

Percentages above are of 706,861,738 shares outstanding, as reported by DOW INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from DOW INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At DOW INC.'s shareholder meeting held April 10, 2025, in the 2024-2025 proxy season, 1,124 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,492 separate fund positions. Their filings are grouped here into 15 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. DOW INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION — the reporting funds and managers cast 96% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

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

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