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MARKEL GROUP INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and MARKEL GROUP INC.’s Form 8-K, filed May 24, 2024 (Item 5.07 on EDGAR). Page generated October 25, 2026.

15Ballot items
658Asset managers
6,540Fund votes
May 22, 2024Meeting date

Results at a glance

Meeting of May 22, 2024: 15 items on MARKEL GROUP INC.’s Form 8-K, filed May 24, 2024: 15 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 MARKEL GROUP INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by MARKEL GROUP INC.

These tallies are MARKEL GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 24, 2024 (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.

MARKEL GROUP INC. — official shareholder meeting results, meeting held May 22, 2024
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Mark M. Besca	9,571,942	73,021	8,762	--	1,475,064	99.2%	Not verified	—
Elect Director: Lawrence A. Cunningham	9,361,343	267,136	25,246	--	1,475,064	97%	Not verified	—
Elect Director: Thomas S. Gayner	9,323,558	323,852	6,315	--	1,475,064	97%	Not verified	—
Elect Director: Greta J. Harris	9,310,981	334,568	8,176	--	1,475,064	97%	Not verified	—
Elect Director: Morgan E. Housel	9,347,254	289,803	16,668	--	1,475,064	97%	Not verified	—
Elect Director: Diane Leopold	9,481,363	165,363	6,999	--	1,475,064	98%	Not verified	—
Elect Director: Anthony F. Markel	9,559,858	87,687	6,180	--	1,475,064	99.0%	Not verified	—
Elect Director: Steven A. Markel	9,396,902	250,651	6,172	--	1,475,064	97%	Not verified	—
Elect Director: Harold L. Morrison, Jr.	9,483,577	162,869	7,279	--	1,475,064	98%	Not verified	—
Elect Director: Michael O'Reilly	9,265,476	373,298	14,951	--	1,475,064	96%	Not verified	—
Elect Director: A. Lynne Puckett	8,502,264	1,143,021	8,440	--	1,475,064	88%	Not verified	—
2 Advisory Vote on Approval of Executive Compensation	8,362,202	1,189,903	101,620	--	1,475,064	88%	Not verified	—
Approval of Company's 2024 Equity Incentive Compensation Plan	9,404,067	227,460	22,198	--	1,475,064	98%	Not verified	—
Ratification of Selection of Independent Registered Public Accounting Firm	10,408,957	712,908	6,924	--	--	94%	Not verified	—
Shareholder Proposal - Report on Company's Greenhouse Gas Emissions	3,511,581	5,746,662	395,482	--	1,475,064	38%	Not verified	—

Source: MARKEL GROUP INC., Form 8-K, filed with the SEC on May 24, 2024 — read the filing on EDGAR.

How asset managers voted at the MARKEL GROUP INC. 2023-2024 meeting

Each item below shows how the 658 asset managers that disclosed a MARKEL GROUP 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.

1. Elect Director: A. Lynne Puckett

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%

FOR: 8,502,264AGAINST: 1,143,021

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

Description as filed by funds: Election of Directors: A. Lynne Puckett

MARKEL GROUP INC.’s own tally for this item (“Elect Director: A. Lynne Puckett”): 8,502,264 for, 1,143,021 against, per its Form 8-K filed May 24, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 88% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,460,646 for, 90,896 against, 1,050 abstained.

FOR

FOR: 3,460,646AGAINST: 90,896ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: A. Lynne Puckett” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	0	53,197	Against
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,661	187	For
State Street	51	21,037	Against
First Trust	18,857	17	For

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

2. Elect Director: Anthony F. Markel

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 9,559,858AGAINST: 87,687

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

Description as filed by funds: Election of Directors: Anthony F. Markel

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Anthony F. Markel”): 9,559,858 for, 87,687 against, per its Form 8-K filed May 24, 2024 (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: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,551,530 for, 12 against, 1,050 abstained.

FOR

FOR: 3,551,530AGAINST: 12ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Anthony F. Markel” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,085	3	For
First Trust	18,873	1	For

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

3. Elect Director: Diane Leopold

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,481,363AGAINST: 165,363

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

Description as filed by funds: Election of Directors: Diane Leopold

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Diane Leopold”): 9,481,363 for, 165,363 against, per its Form 8-K filed May 24, 2024 (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: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,551,075 for, 467 against, 1,050 abstained.

FOR

FOR: 3,551,075AGAINST: 467ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Diane Leopold” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,086	2	For
First Trust	18,873	1	For

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

4. Elect Director: Greta J. Harris

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,310,981AGAINST: 334,568

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

Description as filed by funds: Election of Directors: Greta J. Harris

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Greta J. Harris”): 9,310,981 for, 334,568 against, per its Form 8-K filed May 24, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,518,974 for, 32,567 against, 1,050 abstained.

FOR

FOR: 3,518,974AGAINST: 32,567ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Greta J. Harris” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	0	31,845	Against
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,661	187	For
State Street	21,085	3	For
First Trust	18,870	3	For

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

5. Elect Director: Harold L. Morrison, Jr.

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,483,577AGAINST: 162,869

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

Description as filed by funds: Election of Directors: Harold L. Morrison, Jr.

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Harold L. Morrison, Jr.”): 9,483,577 for, 162,869 against, per its Form 8-K filed May 24, 2024 (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 127 asset managers below reported 3,551,529 for, 13 against, 1,050 abstained.

FOR

FOR: 3,551,529AGAINST: 13ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Harold L. Morrison, Jr.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,086	2	For
First Trust	18,873	1	For

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

6. Elect Director: Lawrence A. Cunningham

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,361,343AGAINST: 267,136

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

Description as filed by funds: Election of Directors: Lawrence A. Cunningham

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Lawrence A. Cunningham”): 9,361,343 for, 267,136 against, per its Form 8-K filed May 24, 2024 (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 127 asset managers below reported 3,550,820 for, 722 against, 1,050 abstained.

FOR

FOR: 3,550,820AGAINST: 722ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Lawrence A. Cunningham” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,661	187	For
State Street	21,085	3	For
First Trust	18,871	3	For

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

7. Elect Director: Mark M. Besca

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 9,571,942AGAINST: 73,021

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

Description as filed by funds: Election of Directors: Mark M. Besca

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Mark M. Besca”): 9,571,942 for, 73,021 against, per its Form 8-K filed May 24, 2024 (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: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,550,269 for, 1,273 against, 1,050 abstained.

FOR

FOR: 3,550,269AGAINST: 1,273ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Mark M. Besca” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,086	2	For
First Trust	18,873	1	For

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

8. Elect Director: Michael O'Reilly

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 9,265,476AGAINST: 373,298

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

Description as filed by funds: Election of Directors: Michael O'Reilly

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Michael O'Reilly”): 9,265,476 for, 373,298 against, per its Form 8-K filed May 24, 2024 (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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 127 asset managers below reported 3,549,294 for, 2,248 against, 1,050 abstained.

FOR

FOR: 3,549,294AGAINST: 2,248ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Michael O'Reilly” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,661	187	For
State Street	21,082	6	For
First Trust	18,870	4	For

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

9. Elect Director: Morgan E. Housel

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,347,254AGAINST: 289,803

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

Description as filed by funds: Election of Directors: Morgan E. Housel

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Morgan E. Housel”): 9,347,254 for, 289,803 against, per its Form 8-K filed May 24, 2024 (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 127 asset managers below reported 3,550,820 for, 722 against, 1,050 abstained.

FOR

FOR: 3,550,820AGAINST: 722ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Morgan E. Housel” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,661	187	For
State Street	21,085	3	For
First Trust	18,871	3	For

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

10. Elect Director: Steven A. Markel

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,396,902AGAINST: 250,651

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

Description as filed by funds: Election of Directors: Steven A. Markel

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Steven A. Markel”): 9,396,902 for, 250,651 against, per its Form 8-K filed May 24, 2024 (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 127 asset managers below reported 3,551,030 for, 512 against, 1,050 abstained.

FOR

FOR: 3,551,030AGAINST: 512ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Steven A. Markel” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,085	3	For
First Trust	18,872	2	For

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

11. Elect Director: Thomas S. Gayner

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,323,558AGAINST: 323,852

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

Description as filed by funds: Election of Directors: Thomas S. Gayner

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Thomas S. Gayner”): 9,323,558 for, 323,852 against, per its Form 8-K filed May 24, 2024 (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 127 asset managers below reported 3,539,558 for, 11,984 against, 1,050 abstained.

FOR

FOR: 3,539,558AGAINST: 11,984ABSTAIN: 1,050

Largest asset managers voting on “Election of Directors: Thomas S. Gayner” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	71,878	416	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,379	39	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,085	3	For
First Trust	18,871	3	For

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

12. Approval of Company's 2024 Equity Incentive Compensation Plan

Outcome not verified Fund totals may overlapCOMPENSATIONReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,404,067AGAINST: 227,460

Details: description as filed, official tally, votes by 139 asset managers

Description as filed by funds: Approval of the Company's 2024 Equity Incentive Compensation Plan.

MARKEL GROUP INC.’s own tally for this item (“Approval of Company's 2024 Equity Incentive Compensation Plan”): 9,404,067 for, 227,460 against, per its Form 8-K filed May 24, 2024 (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.

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: 121 asset managers voting on “Approval of the Company's 2024 Equity Incentive Compensation Plan.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,220,148	0	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,088	0	For
First Trust	18,871	3	For
SELECTED AMERICAN SHARES INC	18,278	0	For

Fund voting reports, all 121 managers: 3,517,595 for, 3,644 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 17 asset managers voting on “Approval of the Company's 2024 Equity Incentive Compensation Plan.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Abstain	Vote
CHECK CAPITAL MANAGEMENT INC/CA	73,075	0	For
Capco Asset Management, LLC	28,867	0	For
LATHROP INVESTMENT MANAGEMENT CORP	0	0	--
Live Oak Private Wealth LLC	5,982	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	192	Abstain
HOWLAND CAPITAL MANAGEMENT LLC	189	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	157	0	For
Argyle Capital Management Inc.	100	0	For
MITCHELL & PAHL PRIVATE WEALTH, LLC	65	0	For
EXENCIAL WEALTH ADVISORS, LLC	52	0	For
Keel Point, LLC	50	0	For
MARCO INVESTMENT MANAGEMENT LLC	50	0	For
Ironwood Investment Counsel, LLC	43	0	For
Leisure Capital Management	10	0	For
ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC	4	0	For
Newman Dignan & Sheerar, Inc.	4	0	For
Boltwood Capital Management	3	0	For

Institutional-manager reports, all 17 managers: 108,651 for, 192 abstained, 7,556 unknown.

13. 2 Advisory Vote on Approval of Executive Compensation

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

Combines 19 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%

FOR: 8,362,202AGAINST: 1,189,903

Details: description as filed, official tally, votes by 657 asset managers

Description as filed by funds: Advisory vote on approval of executive compensation.

MARKEL GROUP INC.’s own tally for this item (“2 Advisory Vote on Approval of Executive Compensation”): 8,362,202 for, 1,189,903 against, per its Form 8-K filed May 24, 2024 (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.

Fund voting reports: 122 asset managers voting on “Advisory vote on approval of executive compensation.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	1,220,148	0	0	For
Principal	419,088	0	0	For
Eaton Vance	291,987	0	0	For
BlackRock	194,390	0	0	For
Fidelity	188,577	3,230	0	For
John Hancock	96,200	5,329	0	Mixed
T. Rowe Price	91,616	0	0	For
Hartford	79,640	0	0	For
Prudential/PGIM	1,353	70,941	0	Against
Dimensional	0	65,300	0	Against
TOUCHSTONE STRATEGIC TRUST	56,710	0	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	0	For
Charles Schwab	53,197	0	0	For
DAVIS SERIES INC	44,597	0	0	For
Clipper Funds Trust	42,857	0	0	For
WILLIAMSBURG INVESTMENT TRUST	0	38,191	0	Against
Transamerica	33,418	0	0	For
HENNESSY FUNDS TRUST	31,845	0	0	For
TIAA	27,271	0	0	For
Davis Fundamental ETF Trust	25,488	0	0	For
New York Life	22,848	0	0	For
State Street	21,088	0	0	For
First Trust	18,856	17	2	For
SELECTED AMERICAN SHARES INC	18,278	0	0	For

Fund voting reports, all 122 managers: 3,317,763 for, 204,619 against, 1,052 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 557 asset managers voting on “Advisory vote on approval of executive compensation.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
New York Life	10,000,000	0	For
PRINCIPAL GLOBAL INVESTORS	511,867	0	For
BlackRock	378,545	137	For
ATLANTA CAPITAL MANAGEMENT CO L L C	356,375	0	For
DAVIS SELECTED ADVISERS	305,283	0	For
State Street	249,681	0	For
Baron Financial Group, LLC	200,000	0	For
GEODE CAPITAL MANAGEMENT, LLC	195,190	0	For
Wellington	195,162	0	For
T. Rowe Price	162,625	0	For
Boston Partners	155,274	0	For
DAVENPORT & Co LLC	76,234	71,025	Mixed
MACKENZIE FINANCIAL CORP	0	131,225	Against
DF DENT & CO INC	111,407	0	For
FIRST MANHATTAN CO. LLC.	96,055	0	For
SCHARF INVESTMENTS, LLC	88,898	0	For
APG Asset Management US Inc.	83,126	0	For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	0	82,791	Against
Polar Capital Holdings Plc	79,500	0	For
Northern Trust	77,002	0	For
JENNISON ASSOCIATES LLC	0	75,025	Against
Giverny Capital Inc.	74,288	0	For
CHECK CAPITAL MANAGEMENT INC/CA	73,075	0	For
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	70,316	0	For
CONFLUENCE INVESTMENT MANAGEMENT LLC	69,093	0	For

No total is shown for the institutional-manager reports: their sum exceeds the company's reported shares outstanding. Showing the 25 largest; see all in the interactive database.

14. Ratification of Selection of Independent Registered Public Accounting Firm

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 10,408,957AGAINST: 712,908

Details: description as filed, official tally, votes by 124 asset managers

Description as filed by funds: Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the year ending December 31, 2024.

MARKEL GROUP INC.’s own tally for this item (“Ratification of Selection of Independent Registered Public Accounting Firm”): 10,408,957 for, 712,908 against, per its Form 8-K filed May 24, 2024 (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: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 124 asset managers below reported 3,517,580 for, 31,690 against, 930 abstained.

FOR

FOR: 3,517,580AGAINST: 31,690ABSTAIN: 930

Largest asset managers voting on “Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's in” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	1,196,541	23,607	For
Principal	419,088	0	For
Eaton Vance	291,987	0	For
BlackRock	194,390	0	For
Fidelity	191,807	0	For
John Hancock	101,529	0	For
T. Rowe Price	91,616	0	For
Hartford	79,640	0	For
Prudential/PGIM	72,294	0	For
Dimensional	65,300	0	For
TOUCHSTONE STRATEGIC TRUST	56,710	0	For
DAVIS NEW YORK VENTURE FUND INC	56,092	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
Charles Schwab	53,197	0	For
DAVIS SERIES INC	44,597	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,191	0	For
Transamerica	33,418	0	For
HENNESSY FUNDS TRUST	31,845	0	For
Capco Asset Management, LLC	28,867	0	For
TIAA	27,271	0	For
Davis Fundamental ETF Trust	25,488	0	For
New York Life	22,848	0	For
State Street	21,086	2	For
First Trust	18,865	9	For

Showing the 25 largest of 124 asset managers. See all 124 in the interactive database.

15. Shareholder Proposal - Report on Company's Greenhouse Gas Emissions

Outcome not verifiedENVIRONMENT OR CLIMATEReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

38% Majority: no · of votes cast

FOR 38%AGAINST

FOR: 3,511,581AGAINST: 5,746,662

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

Description as filed by funds: Shareholder proposal for a report on the Company's greenhouse gas emissions.

MARKEL GROUP INC.’s own tally for this item (“Shareholder Proposal - Report on Company's Greenhouse Gas Emissions”): 3,511,581 for, 5,746,662 against, per its Form 8-K filed May 24, 2024 (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: 38% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 122 asset managers below reported 960,920 for, 2,207,647 against, 178,595 abstained.

FORAGAINST

FOR: 960,920AGAINST: 2,207,647ABSTAIN: 178,595

Largest asset managers voting on “Shareholder proposal for a report on the Company's greenhouse gas emissions.” at MARKEL GROUP INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	23,647	1,196,501	0	Against
Principal	419,088	0	0	For
Eaton Vance	291,987	0	0	For
Fidelity	3,450	14,249	174,108	Mixed
John Hancock	5,556	95,973	0	Mixed
T. Rowe Price	0	91,616	0	Against
Hartford	0	79,640	0	Against
Prudential/PGIM	71,357	937	0	For
Dimensional	3,486	61,814	0	Mixed
TOUCHSTONE STRATEGIC TRUST	0	56,710	0	Against
DAVIS NEW YORK VENTURE FUND INC	0	56,092	0	Against
FENIMORE ASSET MANAGEMENT TRUST	0	53,850	0	Against
Charles Schwab	0	53,197	0	Against
DAVIS SERIES INC	0	44,597	0	Against
Clipper Funds Trust	0	42,857	0	Against
WILLIAMSBURG INVESTMENT TRUST	0	38,191	0	Against
Transamerica	33,418	0	0	For
HENNESSY FUNDS TRUST	0	31,845	0	Against
Capco Asset Management, LLC	0	28,867	0	Against
TIAA	27,271	0	0	For
Davis Fundamental ETF Trust	0	25,488	0	Against
New York Life	187	22,661	0	Against
State Street	21	21,067	0	Against
First Trust	51	18,817	6	Against
SELECTED AMERICAN SHARES INC	0	18,278	0	Against

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

Not shown here: this season’s fund filings also report 1 item from the meeting of May 21, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest MARKEL GROUP INC. shareholders voting in 2023-2024

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 13,002,646 shares outstanding at the time of that meeting.

Fund voting reports: top MARKEL GROUP INC. shareholders by shares voted on “Advisory vote on approval of executive compensation.”, 2023-2024
#	Asset manager	% of shares outstanding
1	Vanguard	9.38%
2	Principal	3.22%
3	Eaton Vance	2.25%
4	BlackRock	1.50%
5	Fidelity	1.48%
6	John Hancock	0.78%
7	T. Rowe Price	0.70%
8	Hartford	0.61%
9	Prudential/PGIM	0.56%
10	Dimensional	0.50%

Institutional-manager reports: top MARKEL GROUP INC. shareholders by shares voted on “Advisory vote on approval of executive compensation.”, 2023-2024
#	Asset manager	% of shares outstanding
1	New York Life	76.91%
2	PRINCIPAL GLOBAL INVESTORS	3.94%
3	BlackRock	2.91%
4	ATLANTA CAPITAL MANAGEMENT CO L L C	2.74%
5	DAVIS SELECTED ADVISERS	2.35%
6	State Street	1.92%
7	Baron Financial Group, LLC	1.54%
8	GEODE CAPITAL MANAGEMENT, LLC	1.50%
9	Wellington	1.50%
10	T. Rowe Price	1.25%

Reported MARKEL GROUP 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.

MARKEL GROUP INC. holdings and ownership disclosed for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.02%	13F
BlackRock	5.54%	13F
Morgan Stanley	3.45%	13F
State Street	2.36%	13F
Wellington Management	1.90%	13F
Geode Capital	1.52%	13F
Norges Bank	1.08%	13F
Dimensional Fund Advisors	0.83%	13F
Northern Trust	0.66%	13F
Charles Schwab	0.41%	13F

Percentages above are of 13,002,646 shares outstanding, as reported by MARKEL GROUP INC. on its Form 10-Q dated April 24, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 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 MARKEL GROUP INC.’s 10-Q dated April 24, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At MARKEL GROUP INC.'s shareholder meeting held May 22, 2024, in the 2023-2024 proxy season, 658 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 6,540 separate fund positions. On the most widely held item on that ballot — Advisory vote on approval of executive compensation. — FOR was 88% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: MARKEL GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 24, 2024.

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

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