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DROPBOX INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and DROPBOX INC.’s Form 8-K, filed May 19, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 13Reported items
  • 427Asset managers
  • 7,223Fund votes
  • May 15, 2025Meeting date

Results at a glance

Meeting of May 15, 2025: 11 items on DROPBOX INC.’s Form 8-K, filed May 19, 2025: 8 elected · 2 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 DROPBOX INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by DROPBOX INC.

These tallies are DROPBOX INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 19, 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.

DROPBOX INC. — official shareholder meeting results, meeting held May 15, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Lisa Campbell 839,338,982---- 100,452,0149,717,315 89%Elected—
Elect Director: Andrew W. Houston 874,421,576---- 65,369,4209,717,315 93%Elected—
Elect Director: Paul E. Jacobs 818,212,893---- 121,578,1039,717,315 87%Elected—
Elect Director: Warren Jenson 938,464,102---- 1,326,8949,717,315 99.8%Elected—
Elect Director: Andrew Moore 934,786,903---- 5,004,0939,717,315 99.4%Elected—
Elect Director: Abhay Parasnis 934,327,031---- 5,463,9659,717,315 99.4%Elected—
Elect Director: Karen Peacock 934,400,706---- 5,390,2909,717,315 99.4%Elected—
Elect Director: Michael Seibel 934,428,142---- 5,362,8549,717,315 99.4%Elected—
2. Proposal to ratify Ernst & Young LLP as auditors for the fiscal year ending December 31, 2025 945,804,1433,455,175248,993 ---- 99.6%Approved—
3. Proposal to approve, on an advisory basis, the compensation of the Company's named executive officers 927,886,54111,632,621271,834 --9,717,315 99%Approved—
5. Stockholder p roposal to impose vesting provisions on our Class B common stock 90,393,282848,488,025909,689 --9,717,315 10%Not verified—

Source: DROPBOX INC., Form 8-K, filed with the SEC on May 19, 2025 — read the filing on EDGAR.

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

Each item below shows how the 427 asset managers that disclosed a DROPBOX 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 DROPBOX 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: Abhay Parasnis

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 934,327,031WITHHELD: 5,463,965
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Abhay Parasnis

DROPBOX INC.’s own tally for this item (“Elect Director: Abhay Parasnis”): 934,327,031 for, 5,463,965 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 88,284,777 for, 1,919,864 withheld, 0 abstained.

FOR
FOR: 88,284,777ABSTAIN: 0WITHHOLD: 1,919,864
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,3070 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree347,2290 065,778Mixed
Equitable90,2820 0265,705Mixed

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

2. Elect Director: Andrew Moore

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 934,786,903WITHHELD: 5,004,093
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Andrew Moore

DROPBOX INC.’s own tally for this item (“Elect Director: Andrew Moore”): 934,786,903 for, 5,004,093 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 88,284,777 for, 1,919,864 withheld, 0 abstained.

FOR
FOR: 88,284,777ABSTAIN: 0WITHHOLD: 1,919,864
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,3070 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree347,2290 065,778Mixed
Equitable90,2820 0265,705Mixed

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

3. Elect Director: Andrew W. Houston

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 874,421,576WITHHELD: 65,369,420
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Andrew W. Houston

DROPBOX INC.’s own tally for this item (“Elect Director: Andrew W. Houston”): 874,421,576 for, 65,369,420 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 93% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 64,263,808 for, 24,997,394 withheld, 943,440 abstained.

FORWITHHOLD
FOR: 64,263,808ABSTAIN: 943,440WITHHOLD: 24,997,394
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,598,6270 523,500For
Columbia Threadneedle00 011,942,362Withhold
BlackRock10,036,0340 00For
Fidelity8,716,2380 0126,600For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust00 02,241,279Withhold
State Street2,016,0880 04,219For
Dimensional00 01,910,569Withhold
SEI1,759,2920 00For
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA00 0835,048Withhold
Nationwide131,8300 0639,044Mixed
Bridge Builder Trust658,7120 00For
MFS00 0580,004Withhold
AIG/SunAmerica00 0565,918Withhold
Jackson National00 541,7940Abstain
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital00 0427,186Withhold
PIMCO00 0425,444Withhold
GLENMEDE FUND INC00 0413,821Withhold
WisdomTree00 0413,007Withhold
Equitable355,9870 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

4. Elect Director: Karen Peacock

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 934,400,706WITHHELD: 5,390,290
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Karen Peacock

DROPBOX INC.’s own tally for this item (“Elect Director: Karen Peacock”): 934,400,706 for, 5,390,290 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 88,248,325 for, 1,956,316 withheld, 0 abstained.

FOR
FOR: 88,248,325ABSTAIN: 0WITHHOLD: 1,956,316
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,3070 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree347,2290 065,778Mixed
Equitable90,2820 0265,705Mixed

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

5. Elect Director: Lisa Campbell

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%
FOR: 839,338,982WITHHELD: 100,452,014
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Lisa Campbell

DROPBOX INC.’s own tally for this item (“Elect Director: Lisa Campbell”): 839,338,982 for, 100,452,014 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 89% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 52,640,200 for, 35,843,653 withheld, 1,720,788 abstained.

FORWITHHOLD
FOR: 52,640,200ABSTAIN: 1,720,788WITHHOLD: 35,843,653
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,596,6450 725,479For
Columbia Threadneedle00 011,942,362Withhold
BlackRock10,036,0340 00For
Fidelity4,550,7490 04,292,089Mixed
Pacer Funds Trust7,133,1510 00For
Charles Schwab00 02,864,317Withhold
First Trust00 02,241,279Withhold
State Street2,016,0880 04,219For
Dimensional00 01,910,569Withhold
SEI00 01,759,292Withhold
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA00 0835,048Withhold
Nationwide131,8300 0639,044Mixed
Bridge Builder Trust32,8620 625,8500Abstain
MFS00 0580,004Withhold
AIG/SunAmerica00 0565,918Withhold
Jackson National00 541,7940Abstain
Global X00 0467,230Withhold
ETF Series Solutions452,2860 00For
Victory Capital00 0427,186Withhold
PIMCO00 0425,444Withhold
GLENMEDE FUND INC00 0413,821Withhold
WisdomTree00 0413,007Withhold
Equitable90,2820 0265,705Mixed

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

6. Elect Director: Michael Seibel

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 934,428,142WITHHELD: 5,362,854
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Michael Seibel

DROPBOX INC.’s own tally for this item (“Elect Director: Michael Seibel”): 934,428,142 for, 5,362,854 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 88,284,777 for, 1,919,864 withheld, 0 abstained.

FOR
FOR: 88,284,777ABSTAIN: 0WITHHOLD: 1,919,864
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,3070 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree347,2290 065,778Mixed
Equitable90,2820 0265,705Mixed

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

7. Elect Director: Paul E. Jacobs

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%
FOR: 818,212,893WITHHELD: 121,578,103
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Paul E. Jacobs

DROPBOX INC.’s own tally for this item (“Elect Director: Paul E. Jacobs”): 818,212,893 for, 121,578,103 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 87% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 31,692,543 for, 46,554,379 withheld, 11,957,719 abstained.

FORWITHHOLD
FOR: 31,692,543ABSTAIN: 11,957,719WITHHOLD: 46,554,379
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard9000 926,621,223Withhold
Columbia Threadneedle11,942,3620 00For
BlackRock19,4710 10,016,5630Abstain
Fidelity7,918,0530 0924,785Mixed
Pacer Funds Trust7,133,1510 00For
Charles Schwab00 02,864,317Withhold
First Trust00 02,241,279Withhold
State Street2,016,0880 04,219For
Dimensional00 01,910,569Withhold
SEI00 01,759,292Withhold
Voya00 01,499,545Withhold
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide00 0770,874Withhold
Bridge Builder Trust00 658,7120Abstain
MFS00 0580,004Withhold
AIG/SunAmerica00 0565,918Withhold
Jackson National00 541,7940Abstain
Global X00 0467,230Withhold
ETF Series Solutions452,2860 00For
Victory Capital00 0427,186Withhold
PIMCO00 0425,444Withhold
GLENMEDE FUND INC00 0413,821Withhold
WisdomTree00 0413,007Withhold
Equitable00 0355,987Withhold

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

8. Elect Director: Warren Jenson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 938,464,102WITHHELD: 1,326,894
Details: description as filed, official tally, votes by 112 asset managers

Description as filed by funds: The election of eight directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Warren Jenson

DROPBOX INC.’s own tally for this item (“Elect Director: Warren Jenson”): 938,464,102 for, 1,326,894 withheld, per its Form 8-K filed May 19, 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: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 90,163,808 for, 40,833 withheld, 0 abstained.

FOR
FOR: 90,163,808ABSTAIN: 0WITHHOLD: 40,833
Largest asset managers voting on “The election of eight directors to serve until the next annual meeting of stockholders and until their success” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,3070 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya1,499,5450 00For
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree413,0070 00For
Equitable355,9870 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

9. 3. Proposal to approve, on an advisory basis, the compensation of the Company's named executive officers

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 9 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%
FOR: 927,886,541AGAINST: 11,632,621
Details: description as filed, official tally, votes by 423 asset managers

Description as filed by funds: To approve, on an advisory basis, the compensation of our named executive officers;

DROPBOX INC.’s own tally for this item (“3. Proposal to approve, on an advisory basis, the compensation of the Company's named executive officers”): 927,886,541 for, 11,632,621 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99% 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: 114 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers;” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,620,1521,980 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,24364 00For
Dimensional1,910,5690 00For
SEI1,757,0672,225 00For
Voya1,499,5450 00For
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National38,479503,315 00Mixed
Global X2,586464,644 00Against
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree65,778347,229 00Mixed
Equitable355,9870 00For

Fund voting reports, all 114 managers: 88,532,835 for, 1,668,718 against, 40,833 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 333 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers;” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock7,079,9350 00For
State Street6,738,99084,433 00For
GEODE CAPITAL MANAGEMENT, LLC4,610,7080 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4,355,0600 00For
LSV ASSET MANAGEMENT4,100,18771,466 00For
Fidelity4,157,0530 00For
JACOBS LEVY EQUITY MANAGEMENT, INC3,254,3450 00For
BOSTON MANAGEMENT & RESEARCH3,149,7390 00For
Charles Schwab2,899,7290 00For
SEI2,517,023120,904 00For
VIRGINIA RETIREMENT SYSTEMS ET Al1,995,0710 00For
AMERIPRISE FINANCIAL INC1,898,7930 00For
Northern Trust1,839,46419,954 00For
Voya1,833,6660 00For
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC01,725,700 00Against
Renaissance1,573,2400 00For
Russell Investments1,257,967278,311 00Mixed
Robeco Institutional Asset Management B.V.01,441,805 00Against
UBS1,435,5830 00For
WEDGE CAPITAL MANAGEMENT L L P/NC1,277,25435,847 00For
CANADA PENSION PLAN INVESTMENT BOARD1,254,9000 00For
MELLON INVESTMENTS Corp01,193,861 00Against
AQR1,183,6710 00For
MACKENZIE FINANCIAL CORP1,065,41728,414 00For
JPMorgan1,090,7410 00For

Institutional-manager reports, all 333 managers: 78,702,922 for, 7,266,397 against, 70,532 abstained, 8,454 not voted, 303,415 1 year, 461 unknown. Showing the 25 largest; see all in the interactive database.

10. To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of our named…

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

Combines 2 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

1 YEAR
Details: description as filed, votes by 214 asset managers

Description as filed by funds: To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of our named executive officers; and

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: 70 asset managers voting on “To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of ou” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard00 00--
Columbia Threadneedle00 00--
Fidelity00 00--
First Trust00 00--
State Street00 00--
Dimensional00 00--
Voya00 00--
TIAA00 00--
Nationwide00 00--
MFS00 00--
AIG/SunAmerica00 00--
Victory Capital00 00--
PIMCO00 00--
GLENMEDE FUND INC00 00--
WisdomTree00 00--
Equitable00 00--
American Century00 00--
Northern Trust00 00--
Lincoln Financial146,8520 00For
Lattice Strategies Trust00 00--
STEWARD FUNDS, INC.00 00--
AQR00 00--
FRANKLIN FUND ALLOCATOR SERIES00 00--
Janus Detroit Street Trust00 00--
BNY Mellon00 00--

Fund voting reports, all 70 managers: 146,852 for, 60,751,596 1 year, 1,941,568 3 year. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 164 asset managers voting on “To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of ou” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
State Street00 00--
GEODE CAPITAL MANAGEMENT, LLC00 00--
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP00 00--
Fidelity00 00--
JACOBS LEVY EQUITY MANAGEMENT, INC00 00--
BOSTON MANAGEMENT & RESEARCH00 00--
VIRGINIA RETIREMENT SYSTEMS ET Al00 00--
AMERIPRISE FINANCIAL INC00 00--
Voya00 00--
Renaissance00 00--
UBS00 00--
CANADA PENSION PLAN INVESTMENT BOARD00 00--
MELLON INVESTMENTS Corp00 00--
AQR00 00--
Nuveen00 00--
MASSACHUSETTS FINANCIAL SERVICES CO /MA/00 00--
Goldman Sachs00 00--
Rhumbline292,66410,751 00For
Vanguard00 00--
Dimensional00 00--
PRINCIPAL GLOBAL INVESTORS00 00--
PARAMETRIC PORTFOLIO ASSOCIATES LLC00 00--
Amundi00 00--
Victory Capital00 00--
FRANKLIN ADVISERS INC00 00--

Institutional-manager reports, all 164 managers: 292,664 for, 10,751 against, 52,123,064 1 year, 599,045 3 year. Showing the 25 largest; see all in the interactive database.

11. To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of our named…

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

Combines 5 wordings of this item as funds reported it.

33% Fund and manager reports combined; may count the same shares twice · no official result

1 YEAR
Details: description as filed, votes by 202 asset managers

Description as filed by funds: To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of our named executive officers.

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: 47 asset managers voting on “To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of ou” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock00 00--
Pacer Funds Trust00 00--
Charles Schwab00 00--
SEI00 00--
JPMorgan00 00--
Bridge Builder Trust00 00--
Jackson National00 00--
Global X00 00--
ETF Series Solutions00 00--
Russell Investments00 00--
Fidelity00 00--
John Hancock00 00--
ADVISORS' INNER CIRCLE FUND00 00--
COMMERCE FUNDS00 00--
MASTER INVESTMENT PORTFOLIO00 00--
SEI Exchange Traded Funds00 00--
Advisor Managed Portfolios00 00--
HARBOR FUNDS00 00--
OPTIMUM FUND TRUST00 00--
Abacus FCF ETF Trust00 00--
Allianz00 00--
Amplify ETF Trust00 00--
Brighthouse00 40,8330Abstain
GPS Funds I00 00--
EA Series Trust00 00--

Fund voting reports, all 47 managers: 7,437 for, 40,833 abstained, 26,918,667 1 year, 214,808 3 year, 1 unknown, 0 2 year. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 156 asset managers voting on “To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of ou” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock00 00--
LSV ASSET MANAGEMENT00 00--
Charles Schwab00 00Not Voted
SEI00 00--
Northern Trust00 00--
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC00 00--
Russell Investments00 00--
WEDGE CAPITAL MANAGEMENT L L P/NC00 00--
Robeco Institutional Asset Management B.V.00 00--
MACKENZIE FINANCIAL CORP00 00--
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM00 00--
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO00 00--
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM00 00--
UniSuper Management Pty Ltd00 00--
Bridgewater00 00--
First Sentier Investors (Australia) IM Ltd00 00--
COMERICA BANK00 00--
MERITAGE PORTFOLIO MANAGEMENT00 00--
Man Group plc00 00--
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM00 00--
Treasurer of the State of North Carolina00 00--
Ensign Peak Advisors, Inc00 00--
STATE OF MICHIGAN RETIREMENT SYSTEM00 00--
NEW YORK STATE COMMON RETIREMENT FUND00 00--
Universal-Investment-Gesellschaft mbH00 00--

Institutional-manager reports, all 156 managers: 2,897 for, 20,620 against, 35,945 abstained, 8,454 not voted, 31,203,276 1 year, 164,278 3 year, 630 2 year, 500 unknown. Showing the 25 largest; see all in the interactive database.

12. 2. Proposal to ratify Ernst & Young LLP as auditors for the fiscal year ending December 31, 2025

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 7 wordings of this item as funds reported it.

99.6% Approved · of votes cast

FOR 99.6%
FOR: 945,804,143AGAINST: 3,455,175
Details: description as filed, official tally, votes by 114 asset managers

Description as filed by funds: To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2025;

DROPBOX INC.’s own tally for this item (“2. Proposal to ratify Ernst & Young LLP as auditors for the fiscal year ending December 31, 2025”): 945,804,143 for, 3,455,175 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “All nominated directors were elected, proposals 2 and 3 were approved by the required stockholder vote, stockholders selected "1 Year" for proposal 4 and proposal 5 did not pass.”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of DROPBOX INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (3 managers, 70,313 for).

The 114 asset managers below reported 89,633,721 for, 498,845 against, 40,833 abstained.

FOR
FOR: 89,633,721AGAINST: 498,845ABSTAIN: 40,833
Largest asset managers voting on “To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for our fi” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard26,622,1320 00For
Columbia Threadneedle11,942,3620 00For
BlackRock10,036,0340 00For
Fidelity8,842,8380 00For
Pacer Funds Trust7,133,1510 00For
Charles Schwab2,864,3170 00For
First Trust2,241,2790 00For
State Street2,020,24364 00For
Dimensional1,910,5690 00For
SEI1,759,2920 00For
Voya1,499,5450 00For
JPMorgan853,2850 00For
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust658,7120 00For
MFS580,0040 00For
AIG/SunAmerica565,9180 00For
Jackson National541,7940 00For
Global X467,2300 00For
ETF Series Solutions0452,286 00Against
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree413,0070 00For
Equitable355,9870 00For

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

13. 5. Stockholder p roposal to impose vesting provisions on our Class B common stock

Outcome not verifiedCAPITAL STRUCTUREReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

10% Majority: no · of votes cast

10%AGAINST
FOR: 90,393,282AGAINST: 848,488,025
Details: description as filed, official tally, votes by 114 asset managers

Description as filed by funds: A stockholder proposal to impose vesting provisions on our Class B common stack.

DROPBOX INC.’s own tally for this item (“5. Stockholder p roposal to impose vesting provisions on our Class B common stock”): 90,393,282 for, 848,488,025 against, per its Form 8-K filed May 19, 2025 (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: 10% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 114 asset managers below reported 35,668,310 for, 54,462,173 against, 42,915 abstained.

FORAGAINST
FOR: 35,668,310AGAINST: 54,462,173ABSTAIN: 42,915
Largest asset managers voting on “A stockholder proposal to impose vesting provisions on our Class B common stack.” at DROPBOX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard23,90326,598,229 00Against
Columbia Threadneedle11,942,3620 00For
BlackRock10,016,56319,471 00For
Fidelity594,5758,248,263 00Mixed
Pacer Funds Trust07,133,151 00Against
Charles Schwab02,864,317 00Against
First Trust2,241,2790 00For
State Street5,0922,015,215 00Against
Dimensional1,910,5690 00For
SEI01,759,292 00Against
Voya1,499,5450 00For
JPMorgan0853,285 00Against
TIAA835,0480 00For
Nationwide770,8740 00For
Bridge Builder Trust32,862625,850 00Against
MFS0580,004 00Against
AIG/SunAmerica565,9180 00For
Jackson National38,479503,315 00Mixed
Global X0467,230 00Against
ETF Series Solutions452,2860 00For
Victory Capital427,1860 00For
PIMCO425,4440 00For
GLENMEDE FUND INC413,8210 00For
WisdomTree65,778347,229 00Mixed
Equitable355,9870 00For

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

Largest DROPBOX 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 290,300,000 shares outstanding at the time of that meeting.

Fund voting reports: top DROPBOX INC. shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers;”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.17%
2Columbia Threadneedle 4.11%
3BlackRock 3.46%
4Fidelity 3.05%
5Pacer Funds Trust 2.46%
6Charles Schwab 0.99%
7First Trust 0.77%
8State Street 0.70%
9Dimensional 0.66%
10SEI 0.61%
Institutional-manager reports: top DROPBOX INC. shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers;”, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 2.44%
2State Street 2.35%
3GEODE CAPITAL MANAGEMENT, LLC 1.59%
4ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.50%
5LSV ASSET MANAGEMENT 1.44%
6Fidelity 1.43%
7JACOBS LEVY EQUITY MANAGEMENT, INC 1.12%
8BOSTON MANAGEMENT & RESEARCH 1.08%
9Charles Schwab 1.00%
10SEI 0.91%

Reported DROPBOX 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.

DROPBOX INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Andrew Houston 28.95% 13G
Entities affiliated with BlackRock, Inc. 9.71% DEF14A
Entities affiliated with The Vanguard Group 9.47% DEF14A
Vanguard Group 8.86% 13F
BlackRock 8.21% 13F
Columbia Management Investment Advisers, LLC 6.69% DEF14A
Vanguard Portfolio Management 4.26% 13G
Columbia Seligman Technology and Information Fund 4.02% DEF14A
LSV ASSET MANAGEMENT 4.00% 13G
Renaissance Technologies 3.62% 13F

Percentages above are of 290,300,000 shares outstanding, as reported by DROPBOX 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 DROPBOX INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At DROPBOX INC.'s shareholder meeting held May 15, 2025, in the 2024-2025 proxy season, 427 asset managers reported how they voted in their SEC Form N-PX filings, covering 7,223 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation of our named executive officers; — DROPBOX INC.'s filing reports the proposal as approved, with 99% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: DROPBOX INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 19, 2025.

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

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