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LAMAR ADVERTISING CO. 2024-2025 Proxy Voting Records

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

11Ballot items
127Asset managers
5,941Fund votes
May 15, 2025Meeting date

Results at a glance

Meeting of May 15, 2025: 11 items on LAMAR ADVERTISING CO.’s Form 8-K, filed May 19, 2025: 10 elected · 1 approved.

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 LAMAR ADVERTISING CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by LAMAR ADVERTISING CO.

These tallies are LAMAR ADVERTISING CO.’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.

LAMAR ADVERTISING CO. — official shareholder meeting results, meeting held May 15, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Nancy Fletcher	220,127,411	--	--	1,347,312	5,915,967	99.3%	Elected	—
Elect Director: John E. Koerner, III	186,836,325	--	--	34,638,398	5,915,967	84%	Elected	—
Elect Director: Mitch Landrieu	221,316,238	--	--	158,485	5,915,967	99.9%	Elected	—
Elect Director: Marshall A. Loeb	220,865,264	--	--	609,459	5,915,967	99.7%	Elected	—
Elect Director: Stephen P. Mumblow	189,845,124	--	--	31,629,599	5,915,967	86%	Elected	—
Elect Director: Thomas V. Reifenheiser	197,499,216	--	--	23,975,507	5,915,967	89%	Elected	—
Elect Director: Anna Reilly	200,594,191	--	--	20,880,532	5,915,967	91%	Elected	—
Elect Director: Kevin P. Reilly, Jr.	201,277,175	--	--	20,197,548	5,915,967	91%	Elected	—
Elect Director: Wendell Reilly	200,594,956	--	--	20,879,767	5,915,967	91%	Elected	—
Elect Director: Elizabeth Thompson	200,933,536	--	--	20,541,187	5,915,967	91%	Elected	—
2. Ratification of the appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the 2025 Fiscal Year	226,422,011	928,383	40,296	--	0	99.5%	Approved	—

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

How asset managers voted at the LAMAR ADVERTISING CO. 2024-2025 meeting

Each item below shows how the 127 asset managers that disclosed a LAMAR ADVERTISING CO. 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: Elizabeth Thompson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 200,933,536WITHHELD: 20,541,187

Details: description as filed, official tally, votes by 122 asset managers

Description as filed by funds: Election of directors: Elizabeth Thompson

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Elizabeth Thompson”): 200,933,536 for, 20,541,187 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: “The following individuals were elected to serve as directors of the Company:”
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 33,994,762 for, 8,398,828 withheld, 2,229,947 abstained.

FORWITHHOLD

FOR: 33,994,762ABSTAIN: 2,229,947WITHHOLD: 8,398,828

Largest asset managers voting on “Election of directors: Elizabeth Thompson” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,245,585	3	727	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	675,456	0	0	For
State Street	625,343	0	2,458	For
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	0	0	552,568	Withhold
MFS	0	0	479,466	Withhold
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,480	0	141,594	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.

2. Elect Director: Anna Reilly

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 200,594,191WITHHELD: 20,880,532

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Anna Reilly

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Anna Reilly”): 200,594,191 for, 20,880,532 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.

The 121 asset managers below reported 33,759,515 for, 8,645,387 withheld, 2,213,636 abstained.

FORWITHHOLD

FOR: 33,759,515ABSTAIN: 2,213,636WITHHOLD: 8,645,387

Largest asset managers voting on “Election of directors: Anna Reilly” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,246,312	3	0	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	0	0	675,456	Withhold
State Street	625,343	0	2,458	For
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	552,568	0	0	For
MFS	0	0	479,466	Withhold
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,481	0	141,593	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

3. Elect Director: John E. Koerner, III

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD

FOR: 186,836,325WITHHELD: 34,638,398

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: John E. Koerner, III

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: John E. Koerner, III”): 186,836,325 for, 34,638,398 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: “The following individuals were elected to serve as directors of the Company:”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 26,750,345 for, 15,509,229 withheld, 2,358,963 abstained.

FORWITHHOLD

FOR: 26,750,345ABSTAIN: 2,358,963WITHHOLD: 15,509,229

Largest asset managers voting on “Election of directors: John E. Koerner, III” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,245,583	4	727	For
BlackRock	5,532,917	0	0	For
Fidelity	3,040,892	0	1,913,449	Mixed
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	0	1,821,684	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	0	0	1,430,865	Withhold
Charles Schwab	0	0	1,101,784	Withhold
Capital Group	0	0	903,020	Withhold
Columbia Threadneedle	675,456	0	0	For
State Street	508	0	627,293	Withhold
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	0	0	552,568	Withhold
MFS	0	0	479,466	Withhold
Invesco	0	0	295,062	Withhold
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,480	0	141,594	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	1,133	224,009	0	Abstain
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

4. Elect Director: Kevin P. Reilly, Jr.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 201,277,175WITHHELD: 20,197,548

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Kevin P. Reilly, Jr.

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Kevin P. Reilly, Jr.”): 201,277,175 for, 20,197,548 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.

The 121 asset managers below reported 34,228,653 for, 8,160,034 withheld, 2,229,850 abstained.

FORWITHHOLD

FOR: 34,228,653ABSTAIN: 2,229,850WITHHOLD: 8,160,034

Largest asset managers voting on “Election of directors: Kevin P. Reilly, Jr.” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,245,585	3	727	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	0	0	675,456	Withhold
State Street	625,343	0	2,458	For
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	552,568	0	0	For
MFS	479,466	0	0	For
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,481	0	141,593	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

5. Elect Director: Marshall A. Loeb

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 220,865,264WITHHELD: 609,459

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Marshall A. Loeb

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Marshall A. Loeb”): 220,865,264 for, 609,459 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: “The following individuals were elected to serve as directors of the Company:”
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 44,379,028 for, 239,509 withheld, 0 abstained.

FOR

FOR: 44,379,028ABSTAIN: 0WITHHOLD: 239,509

Largest asset managers voting on “Election of directors: Marshall A. Loeb” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Withheld	Vote
Vanguard	12,246,315	0	For
BlackRock	5,532,917	0	For
Fidelity	4,954,341	0	For
JANUS INVESTMENT FUND	2,755,678	0	For
Victory Capital	2,450,207	0	For
John Hancock	1,821,684	0	For
Cohen & Steers	1,727,170	0	For
Hartford	1,430,865	0	For
Charles Schwab	1,101,784	0	For
Capital Group	903,020	0	For
Columbia Threadneedle	675,456	0	For
State Street	627,801	0	For
Dimensional	569,944	0	For
WILLIAMSBURG INVESTMENT TRUST	557,769	0	For
T. Rowe Price	552,568	0	For
MFS	479,466	0	For
Invesco	295,062	0	For
Artisan	283,129	0	For
Principal	270,749	0	For
Equitable	161,653	98,888	Mixed
AIG/SunAmerica	251,652	0	For
Brighthouse	230,925	16,149	Mixed
WisdomTree	227,701	0	For
Jackson National	225,142	0	For
Federated Hermes	223,880	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

6. Elect Director: Mitch Landrieu

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 221,316,238WITHHELD: 158,485

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Mitch Landrieu

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Mitch Landrieu”): 221,316,238 for, 158,485 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: “The following individuals were elected to serve as directors of the Company:”
Support: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 44,602,388 for, 16,149 withheld, 0 abstained.

FOR

FOR: 44,602,388ABSTAIN: 0WITHHOLD: 16,149

Largest asset managers voting on “Election of directors: Mitch Landrieu” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Withheld	Vote
Vanguard	12,246,315	0	For
BlackRock	5,532,917	0	For
Fidelity	4,954,341	0	For
JANUS INVESTMENT FUND	2,755,678	0	For
Victory Capital	2,450,207	0	For
John Hancock	1,821,684	0	For
Cohen & Steers	1,727,170	0	For
Hartford	1,430,865	0	For
Charles Schwab	1,101,784	0	For
Capital Group	903,020	0	For
Columbia Threadneedle	675,456	0	For
State Street	627,801	0	For
Dimensional	569,944	0	For
WILLIAMSBURG INVESTMENT TRUST	557,769	0	For
T. Rowe Price	552,568	0	For
MFS	479,466	0	For
Invesco	295,062	0	For
Artisan	283,129	0	For
Principal	270,749	0	For
Equitable	260,541	0	For
AIG/SunAmerica	251,652	0	For
Brighthouse	230,925	16,149	Mixed
WisdomTree	227,701	0	For
Jackson National	225,142	0	For
Federated Hermes	223,880	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

7. Elect Director: Nancy Fletcher

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 220,127,411WITHHELD: 1,347,312

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Nancy Fletcher

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Nancy Fletcher”): 220,127,411 for, 1,347,312 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: “The following individuals were elected to serve as directors of the Company:”
Support: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 44,373,933 for, 240,382 withheld, 4,222 abstained.

FOR

FOR: 44,373,933ABSTAIN: 4,222WITHHOLD: 240,382

Largest asset managers voting on “Election of directors: Nancy Fletcher” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Withheld	Vote
Vanguard	12,246,315	0	For
BlackRock	5,532,917	0	For
Fidelity	4,954,341	0	For
JANUS INVESTMENT FUND	2,755,678	0	For
Victory Capital	2,450,207	0	For
John Hancock	1,821,684	0	For
Cohen & Steers	1,727,170	0	For
Hartford	1,430,865	0	For
Charles Schwab	1,101,784	0	For
Capital Group	903,020	0	For
Columbia Threadneedle	675,456	0	For
State Street	627,774	27	For
Dimensional	569,944	0	For
WILLIAMSBURG INVESTMENT TRUST	557,769	0	For
T. Rowe Price	552,568	0	For
MFS	479,466	0	For
Invesco	295,062	0	For
Artisan	283,129	0	For
Principal	270,749	0	For
Equitable	161,653	98,888	Mixed
AIG/SunAmerica	251,652	0	For
Brighthouse	230,925	16,149	Mixed
WisdomTree	227,701	0	For
Jackson National	225,142	0	For
Federated Hermes	223,880	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

8. Elect Director: Stephen P. Mumblow

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%WITHHELD

FOR: 189,845,124WITHHELD: 31,629,599

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Stephen P. Mumblow

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Stephen P. Mumblow”): 189,845,124 for, 31,629,599 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: “The following individuals were elected to serve as directors of the Company:”
Support: 86% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 27,497,962 for, 9,318,755 withheld, 7,801,820 abstained.

FORABSTAINWITHHOLD

FOR: 27,497,962ABSTAIN: 7,801,820WITHHOLD: 9,318,755

Largest asset managers voting on “Election of directors: Stephen P. Mumblow” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,245,585	3	727	For
BlackRock	0	5,532,917	0	Abstain
Fidelity	4,808,566	0	145,775	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	675,456	0	0	For
State Street	508	0	627,293	Withhold
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	0	0	552,568	Withhold
MFS	0	0	479,466	Withhold
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	125,672	0	134,869	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,480	0	141,594	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

9. Elect Director: Thomas V. Reifenheiser

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 12 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%

FOR: 197,499,216WITHHELD: 23,975,507

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Thomas V. Reifenheiser

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Thomas V. Reifenheiser”): 197,499,216 for, 23,975,507 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: “The following individuals were elected to serve as directors of the Company:”
Support: 89% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 121 asset managers below reported 33,161,995 for, 9,226,595 withheld, 2,229,947 abstained.

FORWITHHOLD

FOR: 33,161,995ABSTAIN: 2,229,947WITHHOLD: 9,226,595

Largest asset managers voting on “Election of directors: Thomas V. Reifenheiser” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,245,585	3	727	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,325,606	0	105,259	Mixed
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	675,456	0	0	For
State Street	508	0	627,293	Withhold
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	0	0	552,568	Withhold
MFS	0	0	479,466	Withhold
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,480	0	141,594	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

10. Elect Director: Wendell Reilly

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 200,594,956WITHHELD: 20,879,767

Details: description as filed, official tally, votes by 121 asset managers

Description as filed by funds: Election of directors: Wendell Reilly

LAMAR ADVERTISING CO.’s own tally for this item (“Elect Director: Wendell Reilly”): 200,594,956 for, 20,879,767 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.

The 121 asset managers below reported 33,759,515 for, 8,645,387 withheld, 2,213,636 abstained.

FORWITHHOLD

FOR: 33,759,515ABSTAIN: 2,213,636WITHHOLD: 8,645,387

Largest asset managers voting on “Election of directors: Wendell Reilly” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	12,246,312	3	0	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	0	0	2,450,207	Withhold
John Hancock	75,932	1,745,752	0	Abstain
Cohen & Steers	0	0	1,727,170	Withhold
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	0	0	675,456	Withhold
State Street	625,343	0	2,458	For
Dimensional	0	0	569,944	Withhold
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	552,568	0	0	For
MFS	0	0	479,466	Withhold
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	0	0	270,749	Withhold
Equitable	161,653	0	98,888	Mixed
AIG/SunAmerica	0	0	251,652	Withhold
Brighthouse	105,481	0	141,593	Mixed
WisdomTree	0	0	227,701	Withhold
Jackson National	34,649	190,493	0	Mixed
Federated Hermes	223,880	0	0	For

Showing the 25 largest of 121 asset managers. See all 121 in the interactive database.

11. 2. Ratification of the appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 9 wordings of this item as funds reported it.

99.5% Approved · of votes cast

FOR 99.5%

FOR: 226,422,011AGAINST: 928,383

Details: description as filed, official tally, votes by 127 asset managers

Description as filed by funds: Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the 2025 fiscal year:

LAMAR ADVERTISING CO.’s own tally for this item (“2. Ratification of the appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the 2025 Fiscal Year”): 226,422,011 for, 928,383 against — passed, per its Form 8-K filed May 19, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The stockholders ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 45,113,584 for, 21,222 against, 16,149 abstained.

FOR

FOR: 45,113,584AGAINST: 21,222ABSTAIN: 16,149

Largest asset managers voting on “Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for” at LAMAR ADVERTISING CO., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	12,245,587	728	0	For
BlackRock	5,532,917	0	0	For
Fidelity	4,954,341	0	0	For
JANUS INVESTMENT FUND	2,755,678	0	0	For
Victory Capital	2,450,207	0	0	For
John Hancock	1,821,684	0	0	For
Cohen & Steers	1,727,170	0	0	For
Hartford	1,430,865	0	0	For
Charles Schwab	1,101,784	0	0	For
Capital Group	903,020	0	0	For
Columbia Threadneedle	675,456	0	0	For
State Street	627,774	27	0	For
Dimensional	569,944	0	0	For
WILLIAMSBURG INVESTMENT TRUST	557,769	0	0	For
T. Rowe Price	552,568	0	0	For
MFS	479,466	0	0	For
ADVISORS' INNER CIRCLE FUND	456,293	0	0	For
Invesco	295,062	0	0	For
Artisan	283,129	0	0	For
Principal	270,749	0	0	For
Equitable	260,541	0	0	For
AIG/SunAmerica	251,652	0	0	For
Brighthouse	230,925	0	16,149	Mixed
WisdomTree	227,701	0	0	For
Jackson National	225,142	0	0	For

Showing the 25 largest of 127 asset managers. See all 127 in the interactive database.

Largest LAMAR ADVERTISING CO. 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 102,437,911 shares outstanding at the time of that meeting.

Fund voting reports: top LAMAR ADVERTISING CO. shareholders by shares voted on “Ratification of the appointment of KPMG LLP as the Company's independent registered public…”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	11.95%
2	BlackRock	5.40%
3	Fidelity	4.84%
4	JANUS INVESTMENT FUND	2.69%
5	Victory Capital	2.39%
6	John Hancock	1.78%
7	Cohen & Steers	1.69%
8	Hartford	1.40%
9	Charles Schwab	1.08%
10	Capital Group	0.88%

Reported LAMAR ADVERTISING CO. 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.

LAMAR ADVERTISING CO. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Kevin P. Reilly, Jr.	11.56%	13G
BlackRock	10.10%	13F
Vanguard Portfolio Management	7.33%	13G
FMR (Fidelity)	4.12%	13F
State Street	2.70%	13F
Wellington Management	1.67%	13F
Morgan Stanley	1.49%	13F
Dimensional Fund Advisors	1.27%	13F
Northern Trust	1.25%	13F
JPMorgan Chase	1.20%	13F

Percentages above are of 102,437,911 shares outstanding, as reported by LAMAR ADVERTISING CO. 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 LAMAR ADVERTISING CO.’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 LAMAR ADVERTISING CO.'s shareholder meeting held May 15, 2025, in the 2024-2025 proxy season, 127 asset managers reported how they voted on 11 ballot items in their SEC Form N-PX filings, covering 5,941 separate fund positions. On the most widely held item on that ballot — Ratification of the appointment of KPMG LLP as the Company's independent registered public… — LAMAR ADVERTISING CO.'s filing reports the proposal as approved, with 99.5% 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: LAMAR ADVERTISING CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 19, 2025.

LAMAR ADVERTISING CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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