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LIVE OAK BANCSHARES INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and LIVE OAK BANCSHARES INC.’s Form 8-K, filed May 22, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

11Reported items
255Asset managers
3,160Fund votes
May 20, 2025Meeting date

Results at a glance

Meeting of May 20, 2025: 10 items on LIVE OAK BANCSHARES INC.’s Form 8-K, filed May 22, 2025: 10 without a stated outcome.

Material dissent

Elect Director: Tonya W. Bradford 78% of votes cast Outcome not stated Director under 80%
Elect Director: William H. Cameron 78% of votes cast Outcome not stated Director under 80%
Elect Director: David G. Lucht 57% of votes cast Outcome not stated Director under 80%
Elect Director: Miltom E. Petty 72% of votes cast Outcome not stated Director under 80%
Elect Director: Neil L. Underwood 79% of votes cast Outcome not stated Director under 80%
Elect Director: Yousef A. Valine 77% of votes cast Outcome not stated Director under 80%
Advisory proposal to approve compensation paid to the Company's named executive officers 67% of votes cast Outcome not stated Say-on-pay under 70%

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 LIVE OAK BANCSHARES INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by LIVE OAK BANCSHARES INC.

These tallies are LIVE OAK BANCSHARES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 22, 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.

LIVE OAK BANCSHARES INC. — official shareholder meeting results, meeting held May 20, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Tonya W. Bradford	27,578,453	--	--	7,813,046	5,373,005	78%	Not verified	—
Elect Director: William H. Cameron	27,501,726	--	--	7,889,773	5,373,005	78%	Not verified	—
Elect Director: David G. Lucht	20,278,868	--	--	15,112,631	5,373,005	57%	Not verified	—
Elect Director: James S. Mahan III	28,681,971	--	--	6,709,528	5,373,005	81%	Not verified	—
Elect Director: Miltom E. Petty	25,363,339	--	--	10,028,160	5,373,005	72%	Not verified	—
Elect Director: Neil L. Underwood	28,073,437	--	--	7,318,062	5,373,005	79%	Not verified	—
Elect Director: Yousef A. Valine	27,256,925	--	--	8,134,574	5,373,005	77%	Not verified	—
Elect Director: William L. Williams III	28,680,983	--	--	6,710,516	5,373,005	81%	Not verified	—
Advisory proposal to approve compensation paid to the Company's named executive officers	23,718,679	11,611,710	61,110	--	5,373,005	67%	Not verified	—
Ratification of the Selection of KPMG LLP as Independent Auditors of the Company for 2025	40,683,061	59,094	22,349	--	--	99.8%	Not verified	—

Source: LIVE OAK BANCSHARES INC., Form 8-K, filed with the SEC on May 22, 2025 — read the filing on EDGAR.

How asset managers voted at the LIVE OAK BANCSHARES INC. 2024-2025 meeting

Each item below shows how the 255 asset managers that disclosed a LIVE OAK BANCSHARES 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 LIVE OAK BANCSHARES 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: David G. Lucht

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

57% Majority: yes · of votes cast

FOR 57%WITHHELD

FOR: 20,278,868WITHHELD: 15,112,631

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: David G. Lucht

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: David G. Lucht”): 20,278,868 for, 15,112,631 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 57% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 7,166,034 for, 8,599,876 withheld, 441,758 abstained.

FORWITHHOLD

FOR: 7,166,034ABSTAIN: 441,758WITHHOLD: 8,599,876

Largest asset managers voting on “Election of Directors: David G. Lucht” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	753,518	0	3,275,988	Mixed
Vanguard	2,575,245	0	6,751	For
Capital Group	0	0	1,669,177	Withhold
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,686	0	267,145	Mixed
Advisors' Inner Circle Fund III	367,946	0	141	For
TIAA	0	0	299,149	Withhold
John Hancock	5,637	292,183	0	Abstain
Charles Schwab	0	0	280,196	Withhold
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	25,781	0	112,087	Mixed
American Century	0	0	129,530	Withhold
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	0	0	70,720	Withhold
WisdomTree	70,536	0	0	For
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

2. Elect Director: James S. Mahan III

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD

FOR: 28,681,971WITHHELD: 6,709,528

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: James S. Mahan III

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: James S. Mahan III”): 28,681,971 for, 6,709,528 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 81% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 12,970,383 for, 2,900,209 withheld, 337,076 abstained.

FORWITHHOLD

FOR: 12,970,383ABSTAIN: 337,076WITHHOLD: 2,900,209

Largest asset managers voting on “Election of Directors: James S. Mahan III” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,877,867	0	151,639	For
Vanguard	2,575,496	0	6,500	For
Capital Group	1,669,177	0	0	For
BlackRock	1,332,770	0	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,732	0	267,099	Mixed
Advisors' Inner Circle Fund III	367,946	0	141	For
TIAA	299,149	0	0	For
John Hancock	29,057	268,763	0	Mixed
Charles Schwab	280,196	0	0	For
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	132,905	0	4,963	For
American Century	129,530	0	0	For
RBB FUND, INC.	0	0	85,692	Withhold
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	70,720	0	0	For
WisdomTree	70,536	0	0	For
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

3. Elect Director: Miltom E. Petty

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

72% Majority: yes · of votes cast

FOR 72%WITHHELD

FOR: 25,363,339WITHHELD: 10,028,160

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: Miltom E. Petty

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: Miltom E. Petty”): 25,363,339 for, 10,028,160 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 72% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 10,640,694 for, 5,183,361 withheld, 383,613 abstained.

FORWITHHOLD

FOR: 10,640,694ABSTAIN: 383,613WITHHOLD: 5,183,361

Largest asset managers voting on “Election of Directors: Miltom E. Petty” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,827,095	0	202,411	Mixed
Vanguard	2,575,245	0	6,751	For
Capital Group	0	0	1,669,177	Withhold
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,686	0	267,145	Mixed
Advisors' Inner Circle Fund III	367,946	0	141	For
TIAA	299,149	0	0	For
John Hancock	28,677	269,143	0	Mixed
Charles Schwab	0	0	280,196	Withhold
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	131,168	0	6,700	For
American Century	0	0	129,530	Withhold
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	0	0	70,720	Withhold
WisdomTree	0	0	70,536	Withhold
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

4. Elect Director: Neil L. Underwood

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

79% Majority: yes · of votes cast

FOR 79%WITHHELD

FOR: 28,073,437WITHHELD: 7,318,062

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: Neil L. Underwood

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: Neil L. Underwood”): 28,073,437 for, 7,318,062 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 79% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 12,622,254 for, 3,202,669 withheld, 382,745 abstained.

FORWITHHOLD

FOR: 12,622,254ABSTAIN: 382,745WITHHOLD: 3,202,669

Largest asset managers voting on “Election of Directors: Neil L. Underwood” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,860,943	0	168,563	For
Vanguard	2,575,245	0	6,751	For
Capital Group	1,669,177	0	0	For
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,686	0	267,145	Mixed
Advisors' Inner Circle Fund III	368,087	0	0	For
TIAA	299,149	0	0	For
John Hancock	28,930	268,890	0	Mixed
Charles Schwab	0	0	280,196	Withhold
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	132,326	0	5,542	For
American Century	129,530	0	0	For
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	70,720	0	0	For
WisdomTree	70,536	0	0	For
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

5. Elect Director: Tonya W. Bradford

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD

FOR: 27,578,453WITHHELD: 7,813,046

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: Tonya W. Bradford

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: Tonya W. Bradford”): 27,578,453 for, 7,813,046 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 78% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 11,415,558 for, 4,460,503 withheld, 331,607 abstained.

FORWITHHOLD

FOR: 11,415,558ABSTAIN: 331,607WITHHOLD: 4,460,503

Largest asset managers voting on “Election of Directors: Tonya W. Bradford” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,907,282	0	122,224	For
Vanguard	2,575,496	0	6,500	For
Capital Group	0	0	1,669,177	Withhold
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	586,471	0	0	For
State Street	198,732	0	267,099	Mixed
Advisors' Inner Circle Fund III	367,946	0	141	For
TIAA	299,149	0	0	For
John Hancock	29,277	268,543	0	Mixed
Charles Schwab	0	0	280,196	Withhold
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	133,911	0	3,957	For
American Century	0	0	129,530	Withhold
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	0	0	70,720	Withhold
WisdomTree	0	0	70,536	Withhold
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

6. Elect Director: William H. Cameron

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD

FOR: 27,501,726WITHHELD: 7,889,773

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: William H. Cameron

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: William H. Cameron”): 27,501,726 for, 7,889,773 withheld, per its Form 8-K filed May 22, 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 76 asset managers below reported 11,412,612 for, 4,463,428 withheld, 331,628 abstained.

FORWITHHOLD

FOR: 11,412,612ABSTAIN: 331,628WITHHOLD: 4,463,428

Largest asset managers voting on “Election of Directors: William H. Cameron” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,904,462	0	125,044	For
Vanguard	2,575,496	0	6,500	For
Capital Group	0	0	1,669,177	Withhold
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	586,471	0	0	For
State Street	198,732	0	267,099	Mixed
Advisors' Inner Circle Fund III	367,946	0	141	For
TIAA	299,149	0	0	For
John Hancock	29,256	268,564	0	Mixed
Charles Schwab	0	0	280,196	Withhold
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	133,815	0	4,053	For
American Century	0	0	129,530	Withhold
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	0	0	70,720	Withhold
WisdomTree	0	0	70,536	Withhold
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

7. Elect Director: William L. Williams III

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD

FOR: 28,680,983WITHHELD: 6,710,516

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: William L. Williams III

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: William L. Williams III”): 28,680,983 for, 6,710,516 withheld, per its Form 8-K filed May 22, 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 76 asset managers below reported 12,973,333 for, 2,902,993 withheld, 331,342 abstained.

FORWITHHOLD

FOR: 12,973,333ABSTAIN: 331,342WITHHOLD: 2,902,993

Largest asset managers voting on “Election of Directors: William L. Williams III” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,875,046	0	154,460	For
Vanguard	2,575,496	0	6,500	For
Capital Group	1,669,177	0	0	For
BlackRock	1,313,475	19,295	0	For
Dimensional	0	0	1,203,307	Withhold
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,732	0	267,099	Mixed
Advisors' Inner Circle Fund III	368,087	0	0	For
TIAA	299,149	0	0	For
John Hancock	29,036	268,784	0	Mixed
Charles Schwab	280,196	0	0	For
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	132,808	0	5,060	For
American Century	129,530	0	0	For
RBB FUND, INC.	0	0	85,692	Withhold
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	70,720	0	0	For
WisdomTree	70,536	0	0	For
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

8. Elect Director: Yousef A. Valine

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

77% Majority: yes · of votes cast

FOR 77%WITHHELD

FOR: 27,256,925WITHHELD: 8,134,574

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Election of Directors: Yousef A. Valine

LIVE OAK BANCSHARES INC.’s own tally for this item (“Elect Director: Yousef A. Valine”): 27,256,925 for, 8,134,574 withheld, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 77% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 11,994,132 for, 3,860,192 withheld, 353,344 abstained.

FORWITHHOLD

FOR: 11,994,132ABSTAIN: 353,344WITHHOLD: 3,860,192

Largest asset managers voting on “Election of Directors: Yousef A. Valine” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
T. Rowe Price	3,895,597	0	133,909	For
Vanguard	2,575,245	0	6,751	For
Capital Group	0	0	1,669,177	Withhold
BlackRock	1,313,475	19,295	0	For
Dimensional	1,203,307	0	0	For
Fidelity	711,072	0	7,800	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	0	586,471	Withhold
State Street	198,732	0	267,099	Mixed
Advisors' Inner Circle Fund III	368,087	0	0	For
TIAA	0	0	299,149	Withhold
John Hancock	29,942	267,878	0	Mixed
Charles Schwab	280,196	0	0	For
Equitable	169,978	0	36,470	Mixed
Northwestern Mutual	133,511	0	4,357	For
American Century	0	0	129,530	Withhold
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	0	70,792	Withhold
Columbia Threadneedle	0	0	70,720	Withhold
WisdomTree	0	0	70,536	Withhold
BRIDGEWAY FUNDS INC	0	0	64,860	Withhold
DWS	0	0	59,983	Withhold
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	0	50,000	Withhold
HOTCHKIS & WILEY FUNDS /DE/	0	0	40,400	Withhold

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

9. Advisory proposal to approve compensation paid to the Company's named executive officers

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

Combines 14 wordings of this item as funds reported it.

67% Majority: yes · of votes cast

FOR 67%AGAINST

FOR: 23,718,679AGAINST: 11,611,710

Details: description as filed, official tally, votes by 254 asset managers

Description as filed by funds: Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named executive officers.

LIVE OAK BANCSHARES INC.’s own tally for this item (“Advisory proposal to approve compensation paid to the Company's named executive officers”): 23,718,679 for, 11,611,710 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 67% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 76 asset managers voting on “Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named executive officers.” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
T. Rowe Price	3,578,475	448,614	2,418	Mixed
Vanguard	10	2,581,986	0	Against
Capital Group	1,669,177	0	0	For
BlackRock	1,332,770	0	0	For
Dimensional	0	1,203,307	0	Against
Fidelity	10,048	708,824	0	Against
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	0	586,471	0	Against
State Street	191,167	274,664	0	Mixed
Advisors' Inner Circle Fund III	367,946	141	0	For
TIAA	299,149	0	0	For
John Hancock	26,817	270,985	18	Mixed
Charles Schwab	0	280,196	0	Against
Equitable	169,978	36,470	0	Mixed
Northwestern Mutual	122,661	15,124	83	Mixed
American Century	0	129,530	0	Against
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	0	70,792	0	Against
Columbia Threadneedle	70,720	0	0	For
WisdomTree	0	70,536	0	Against
BRIDGEWAY FUNDS INC	0	64,860	0	Against
DWS	0	59,983	0	Against
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	0	50,000	0	Against
HOTCHKIS & WILEY FUNDS /DE/	0	40,400	0	Against

Fund voting reports, all 76 managers: 8,779,338 for, 7,390,108 against, 38,222 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 196 asset managers voting on “Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named executive officers.” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
T. Rowe Price	5,656,468	728,991	3,761	Mixed
Capital Group	1,726,540	0	0	For
BARROW HANLEY MEWHINNEY & STRAUSS LLC	0	1,531,662	0	Against
BlackRock	1,179,574	22,176	0	For
State Street	195,415	766,300	0	Mixed
GEODE CAPITAL MANAGEMENT, LLC	0	730,438	0	Against
AMERIPRISE FINANCIAL INC	579,552	0	0	For
Trust Co of the South	0	330,600	0	Against
DIAMOND HILL CAPITAL MANAGEMENT INC	311,621	0	0	For
Nuveen	304,420	0	0	For
John Hancock	0	298,467	0	Against
Charles Schwab	0	280,202	0	Against
SOUTHERNSUN ASSET MANAGEMENT, LLC	266,120	0	0	For
Northern Trust	251,348	9,014	0	For
Dimensional	0	181,104	0	Against
DE Shaw	0	161,892	0	Against
JACOBS LEVY EQUITY MANAGEMENT, INC	0	149,390	0	Against
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0	138,619	0	Against
American Century	0	129,721	0	Against
Vanguard	0	124,725	0	Against
Citadel	116,326	0	0	For
CAPTRUST FINANCIAL ADVISORS	0	75,794	0	Against
Point72	0	74,285	0	Against
BRIDGEWAY CAPITAL MANAGEMENT, LLC	0	74,060	0	Against
ENVESTNET ASSET MANAGEMENT INC	0	73,670	0	Against

Institutional-manager reports, all 196 managers: 10,739,946 for, 7,078,950 against, 4,944 abstained, 10,980 not voted, 10,469 1 year. Showing the 25 largest; see all in the interactive database.

10. Say-on-Frequency Vote. Non-binding, advisory proposal regarding the frequency of future advisory votes on executive…

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

Combines 7 wordings of this item as funds reported it.

31% Fund and manager reports combined; may count the same shares twice · no official result

1 YEAR

Details: description as filed, votes by 239 asset managers

Description as filed by funds: Say-on-Frequency Vote. Non-binding, advisory proposal regarding the frequency of future advisory votes on executive compensation.

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: 73 asset managers voting on “Say-on-Frequency Vote. Non-binding, advisory proposal regarding the frequency of future advisory votes on exec” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
T. Rowe Price	0	0	0	0	--
Vanguard	0	0	0	0	--
Capital Group	0	0	0	0	--
BlackRock	0	0	0	0	--
Dimensional	0	0	0	0	--
Fidelity	0	0	0	0	--
DIAMOND HILL FUNDS	0	0	0	0	--
AMERICAN BEACON FUNDS	0	0	0	0	--
State Street	0	0	0	0	--
Advisors' Inner Circle Fund III	0	0	0	0	--
TIAA	0	0	0	0	--
John Hancock	0	0	0	0	--
Charles Schwab	0	0	0	0	--
Equitable	0	0	0	0	--
Northwestern Mutual	0	0	0	0	--
American Century	0	0	0	0	--
RBB FUND, INC.	0	0	0	0	--
Columbia Threadneedle	0	0	0	0	--
WisdomTree	0	0	0	0	--
BRIDGEWAY FUNDS INC	0	0	0	0	--
DWS	0	0	0	0	--
QUANTITATIVE MASTER SERIES LLC	0	0	0	0	--
RMB INVESTORS TRUST	0	0	0	0	--
HOTCHKIS & WILEY FUNDS /DE/	0	0	0	0	--
Victory Capital	0	0	0	0	--

Fund voting reports, all 73 managers: 14,417,975 1 year, 1,235,304 3 year, 461,703 2 year. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 184 asset managers voting on “Say-on-Frequency Vote. Non-binding, advisory proposal regarding the frequency of future advisory votes on exec” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
T. Rowe Price	0	0	0	0	--
Capital Group	0	0	0	0	--
BARROW HANLEY MEWHINNEY & STRAUSS LLC	0	0	0	0	--
BlackRock	0	0	0	0	--
State Street	0	0	0	0	--
GEODE CAPITAL MANAGEMENT, LLC	0	0	0	0	--
AMERIPRISE FINANCIAL INC	0	0	0	0	--
Trust Co of the South	0	0	0	0	--
DIAMOND HILL CAPITAL MANAGEMENT INC	0	0	0	0	--
Nuveen	0	0	0	0	--
John Hancock	0	0	0	0	--
Charles Schwab	0	0	0	0	Not Voted
SOUTHERNSUN ASSET MANAGEMENT, LLC	0	0	0	0	--
Northern Trust	0	0	0	0	--
Dimensional	0	0	0	0	--
DE Shaw	0	0	0	0	--
JACOBS LEVY EQUITY MANAGEMENT, INC	0	0	0	0	--
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0	0	0	0	--
American Century	0	0	0	0	--
Vanguard	0	0	0	0	--
Citadel	0	0	0	0	--
CAPTRUST FINANCIAL ADVISORS	0	0	0	0	--
Point72	0	0	0	0	--
BRIDGEWAY CAPITAL MANAGEMENT, LLC	0	0	0	0	--
ENVESTNET ASSET MANAGEMENT INC	0	0	0	0	--

Institutional-manager reports, all 184 managers: 4,639 for, 10,469 against, 10,980 not voted, 16,854,304 1 year, 687,912 2 year, 184,898 3 year. Showing the 25 largest; see all in the interactive database.

11. Ratification of the Selection of KPMG LLP as Independent Auditors of the Company for 2025

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 40,683,061AGAINST: 59,094

Details: description as filed, official tally, votes by 76 asset managers

Description as filed by funds: Ratification of Independent Auditors. Proposal to ratify KPMG LLP as the Company's independent auditors for 2025.

LIVE OAK BANCSHARES INC.’s own tally for this item (“Ratification of the Selection of KPMG LLP as Independent Auditors of the Company for 2025”): 40,683,061 for, 59,094 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 76 asset managers below reported 16,169,446 for, 37,380 against, 842 abstained.

FOR

FOR: 16,169,446AGAINST: 37,380ABSTAIN: 842

Largest asset managers voting on “Ratification of Independent Auditors. Proposal to ratify KPMG LLP as the Company's independent auditors for 20” at LIVE OAK BANCSHARES INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
T. Rowe Price	4,027,088	1,612	806	For
Vanguard	2,581,996	0	0	For
Capital Group	1,669,177	0	0	For
BlackRock	1,332,770	0	0	For
Dimensional	1,203,307	0	0	For
Fidelity	718,872	0	0	For
DIAMOND HILL FUNDS	678,745	0	0	For
AMERICAN BEACON FUNDS	586,471	0	0	For
State Street	465,831	0	0	For
Advisors' Inner Circle Fund III	368,087	0	0	For
TIAA	299,149	0	0	For
John Hancock	297,802	12	6	For
Charles Schwab	280,196	0	0	For
Equitable	206,448	0	0	For
Northwestern Mutual	137,785	55	28	For
American Century	129,530	0	0	For
RBB FUND, INC.	85,692	0	0	For
Capitol Series Trust	70,792	0	0	For
Columbia Threadneedle	70,720	0	0	For
WisdomTree	70,536	0	0	For
BRIDGEWAY FUNDS INC	64,860	0	0	For
DWS	59,983	0	0	For
QUANTITATIVE MASTER SERIES LLC	58,465	0	0	For
RMB INVESTORS TRUST	50,000	0	0	For
HOTCHKIS & WILEY FUNDS /DE/	40,400	0	0	For

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

Largest LIVE OAK BANCSHARES 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 45,607,984 shares outstanding at the time of that meeting.

Fund voting reports: top LIVE OAK BANCSHARES INC. shareholders by shares voted on “Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named…”, 2024-2025
#	Asset manager	% of shares outstanding
1	T. Rowe Price	8.84%
2	Vanguard	5.66%
3	Capital Group	3.66%
4	BlackRock	2.92%
5	Dimensional	2.64%
6	Fidelity	1.58%
7	DIAMOND HILL FUNDS	1.49%
8	AMERICAN BEACON FUNDS	1.29%
9	State Street	1.02%
10	Advisors' Inner Circle Fund III	0.81%

Institutional-manager reports: top LIVE OAK BANCSHARES INC. shareholders by shares voted on “Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named…”, 2024-2025
#	Asset manager	% of shares outstanding
1	T. Rowe Price	14.01%
2	Capital Group	3.79%
3	BARROW HANLEY MEWHINNEY & STRAUSS LLC	3.36%
4	BlackRock	2.63%
5	State Street	2.11%
6	GEODE CAPITAL MANAGEMENT, LLC	1.60%
7	AMERIPRISE FINANCIAL INC	1.27%
8	Trust Co of the South	0.72%
9	DIAMOND HILL CAPITAL MANAGEMENT INC	0.68%
10	Nuveen	0.67%

Reported LIVE OAK BANCSHARES 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.

LIVE OAK BANCSHARES INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
MAHAN JAMES S III	14.51%	13G
BlackRock	5.92%	13F
Vanguard Group	5.83%	13F
Dimensional Fund Advisors	3.13%	13F
State Street	2.78%	13F
Geode Capital	1.74%	13F
Millennium Management	1.51%	13F
D.E. Shaw	0.84%	13F
Nuveen	0.82%	13F
Citadel Advisors	0.70%	13F

Percentages above are of 45,607,984 shares outstanding, as reported by LIVE OAK BANCSHARES INC. on its Form 10-Q dated May 6, 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 LIVE OAK BANCSHARES INC.’s 10-Q dated May 6, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At LIVE OAK BANCSHARES INC.'s shareholder meeting held May 20, 2025, in the 2024-2025 proxy season, 255 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,160 separate fund positions. Their filings are grouped here into 11 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 — Say-on-Pay Vote: Non-binding, advisory proposal to approve compensation paid to our named… — FOR was 67% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: LIVE OAK BANCSHARES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 22, 2025.

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

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