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MCDONALD'S CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and MCDONALD'S CORP.’s Form 8-K, filed May 23, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

16Ballot items
1,531Asset managers
20,138Fund votes
May 20, 2025Meeting date

Results at a glance

Meeting of May 20, 2025: 16 items on MCDONALD'S CORP.’s Form 8-K, filed May 23, 2025: 16 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 MCDONALD'S CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by MCDONALD'S CORP.

These tallies are MCDONALD'S CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 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.

MCDONALD'S CORP. — 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: Anthony Capuano	502,830,112	4,975,785	785,730	--	92,190,173	99.0%	Not verified	—
Elect Director: Kareem Daniel	500,114,135	7,688,697	788,795	--	92,190,173	98%	Not verified	—
Elect Director: Lloyd Dean	492,877,416	14,591,147	1,123,064	--	92,190,173	97%	Not verified	—
Elect Director: Catherine Engelbert	495,593,281	12,214,385	783,961	--	92,190,173	98%	Not verified	—
Elect Director: Margaret Georgiadis	498,149,102	9,373,721	1,068,804	--	92,190,173	98%	Not verified	—
Elect Director: Michael Hsu	482,570,142	25,216,051	805,434	--	92,190,173	95%	Not verified	—
Elect Director: Christopher Kempczinski	457,257,542	48,596,569	2,737,516	--	92,190,173	90%	Not verified	—
Elect Director: Jennifer Taubert	501,847,722	6,011,116	732,789	--	92,190,173	99%	Not verified	—
Elect Director: Paul Walsh	475,655,397	32,077,734	858,496	--	92,190,173	94%	Not verified	—
Elect Director: Amy Weaver	500,388,315	7,113,832	1,089,480	--	92,190,173	99%	Not verified	—
Elect Director: Miles White	480,433,531	27,336,711	821,385	--	92,190,173	95%	Not verified	—
2. An advisory proposal to approve executive compensation	477,245,245	29,427,948	1,918,434	--	92,190,173	94%	Not verified	—
3. Proposal to ratify the appointment of Ernst & Young LLP as independent auditor for 2025	569,670,614	30,164,972	946,214	--	0	95%	Not verified	—
4. An advisory shareholder proposal requesting a report related to oversight of advertising risks	6,129,398	496,714,551	5,747,678	--	92,190,173	1%	Not verified	—
5. An advisory shareholder proposal requesting disclosure on climate transition plans	52,706,755	450,336,420	5,548,452	--	92,190,173	10%	Not verified	—
6. An advisory shareholder proposal to revisit diversity, equity, and inclusion in executive compensation	7,168,538	498,794,199	2,628,890	--	92,190,173	1%	Not verified	—

Source: MCDONALD'S CORP., Form 8-K, filed with the SEC on May 23, 2025 — read the filing on EDGAR.

How asset managers voted at the MCDONALD'S CORP. 2024-2025 meeting

Each item below shows how the 1,531 asset managers that disclosed a MCDONALD'S CORP. 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: Anthony Capuano

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 502,830,112AGAINST: 4,975,785

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Anthony Capuano

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Anthony Capuano”): 502,830,112 for, 4,975,785 against, per its Form 8-K filed May 23, 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: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 186,034,691 for, 473,813 against, 34,200 abstained, 4,458 unknown.

FOR

FOR: 186,034,691AGAINST: 473,813ABSTAIN: 34,200UNKNOWN: 4,458

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,527	9	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

2. Elect Director: Kareem Daniel

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 500,114,135AGAINST: 7,688,697

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Kareem Daniel

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Kareem Daniel”): 500,114,135 for, 7,688,697 against, per its Form 8-K filed May 23, 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: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 185,969,123 for, 555,764 against, 17,818 abstained, 4,458 unknown.

FOR

FOR: 185,969,123AGAINST: 555,764ABSTAIN: 17,818UNKNOWN: 4,458

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,523	14	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

3. Elect Director: Lloyd Dean

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 492,877,416AGAINST: 14,591,147

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Lloyd Dean

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Lloyd Dean”): 492,877,416 for, 14,591,147 against, per its Form 8-K filed May 23, 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: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 186,031,000 for, 477,480 against, 34,225 abstained, 4,458 unknown.

FOR

FOR: 186,031,000AGAINST: 477,480ABSTAIN: 34,225UNKNOWN: 4,458

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,507	29	2	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

4. Elect Director: Margaret Georgiadis

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 498,149,102AGAINST: 9,373,721

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Margaret Georgiadis

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Margaret Georgiadis”): 498,149,102 for, 9,373,721 against, per its Form 8-K filed May 23, 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 235 asset managers below reported 186,487,071 for, 24,001 against, 34,220 abstained, 1,872 unknown.

FOR

FOR: 186,487,071AGAINST: 24,001ABSTAIN: 34,220UNKNOWN: 1,872

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,517	19	2	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

5. Elect Director: Michael Hsu

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 482,570,142AGAINST: 25,216,051

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Michael Hsu

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Michael Hsu”): 482,570,142 for, 25,216,051 against, per its Form 8-K filed May 23, 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: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 185,085,226 for, 1,425,864 against, 34,201 abstained, 1,872 unknown.

FOR

FOR: 185,085,226AGAINST: 1,425,864ABSTAIN: 34,201UNKNOWN: 1,872

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,513	24	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,059	117	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	978,240	6,721	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	713,021	12,550	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	394,240	220,156	0	Mixed

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

6. Elect Director: Christopher Kempczinski

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%

FOR: 457,257,542AGAINST: 48,596,569

Details: description as filed, official tally, votes by 235 asset managers

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Christopher Kempczinski”): 457,257,542 for, 48,596,569 against, per its Form 8-K filed May 23, 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: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 185,872,072 for, 654,703 against, 17,821 abstained, 2,567 unknown.

FOR

FOR: 185,872,072AGAINST: 654,703ABSTAIN: 17,821UNKNOWN: 2,567

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,207,789	25,748	2	For
BlackRock	19,107,360	19,360	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,931,721	32,455	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	978,240	6,721	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	713,021	12,550	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

7. Elect Director: Jennifer Taubert

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 501,847,722AGAINST: 6,011,116

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Jennifer Taubert

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Jennifer Taubert”): 501,847,722 for, 6,011,116 against, per its Form 8-K filed May 23, 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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 186,034,637 for, 490,256 against, 17,813 abstained, 4,458 unknown.

FOR

FOR: 186,034,637AGAINST: 490,256ABSTAIN: 17,813UNKNOWN: 4,458

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,526	11	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

8. Elect Director: Paul Walsh

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 475,655,397AGAINST: 32,077,734

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Paul Walsh

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Paul Walsh”): 475,655,397 for, 32,077,734 against, per its Form 8-K filed May 23, 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: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 235 asset managers below reported 185,923,277 for, 645,786 against, 17,823 abstained, 1,872 unknown.

FOR

FOR: 185,923,277AGAINST: 645,786ABSTAIN: 17,823UNKNOWN: 1,872

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,207,826	25,711	2	For
BlackRock	19,107,360	19,360	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,931,721	32,455	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	978,240	6,721	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

9. Elect Director: Amy Weaver

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 500,388,315AGAINST: 7,113,832

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Amy Weaver

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Amy Weaver”): 500,388,315 for, 7,113,832 against, per its Form 8-K filed May 23, 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 235 asset managers below reported 186,529,829 for, 22,836 against, 34,221 abstained, 1,872 unknown.

FOR

FOR: 186,529,829AGAINST: 22,836ABSTAIN: 34,221UNKNOWN: 1,872

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,522	14	2	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

10. Elect Director: Miles White

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 480,433,531AGAINST: 27,336,711

Details: description as filed, official tally, votes by 235 asset managers

Description as filed by funds: Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their successors have been elected and qualified: Miles White

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Miles White”): 480,433,531 for, 27,336,711 against, per its Form 8-K filed May 23, 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 235 asset managers below reported 185,953,792 for, 612,691 against, 17,817 abstained, 4,458 unknown.

FOR

FOR: 185,953,792AGAINST: 612,691ABSTAIN: 17,817UNKNOWN: 4,458

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,486	51	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,059	117	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	978,240	6,721	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

11. Elect Director: Catherine Engelbert

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 495,593,281AGAINST: 12,214,385

Details: description as filed, official tally, votes by 234 asset managers

MCDONALD'S CORP.’s own tally for this item (“Elect Director: Catherine Engelbert”): 495,593,281 for, 12,214,385 against, per its Form 8-K filed May 23, 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 234 asset managers below reported 186,449,025 for, 61,967 against, 34,199 abstained, 1,872 unknown.

FOR

FOR: 186,449,025AGAINST: 61,967ABSTAIN: 34,199UNKNOWN: 1,872

Largest asset managers voting on “Election of 11 Directors to serve until the Company's 2026 Annual Shareholders' Meeting and until their succes” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,207,862	25,674	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,176	0	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,053,367	0	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	725,571	0	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 234 asset managers. See all 234 in the interactive database.

12. 2. An advisory proposal to approve executive compensation

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

Combines 29 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 477,245,245AGAINST: 29,427,948

Details: description as filed, official tally, votes by 1,521 asset managers

Description as filed by funds: Advisory vote to approve named executive officer compensation.

MCDONALD'S CORP.’s own tally for this item (“2. An advisory proposal to approve executive compensation”): 477,245,245 for, 29,427,948 against, per its Form 8-K filed May 23, 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.

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: 216 asset managers voting on “Advisory vote to approve named executive officer compensation.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,233,480	54	3	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,059	117	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,052,921	446	0	For
Bridge Builder Trust	978,240	6,721	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	713,021	12,550	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Fund voting reports, all 216 managers: 185,760,209 for, 606,233 against, 17,878 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,335 asset managers voting on “Advisory vote to approve named executive officer compensation.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	28,835,140	0	For
State Street	16,826,452	253,232	For
GEODE CAPITAL MANAGEMENT, LLC	16,410,665	0	For
Wellington	12,132,520	0	For
T. Rowe Price	10,608,144	55,529	For
Capital Research Global Investors	9,909,622	0	For
Northern Trust	7,545,902	38,726	For
UBS	6,243,762	262,464	For
Legal & General Investment Management Ltd	84,212	5,971,401	Against
Charles Schwab	5,626,051	0	For
Vanguard	4,714,015	0	For
Nuveen	4,342,243	0	For
Invesco	4,140,924	0	For
MELLON INVESTMENTS Corp	3,288,197	0	For
FRANKLIN ADVISERS INC	3,211,580	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	3,186,453	Against
Capital Group	2,847,494	2,781	For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	2,819,072	0	For
BANK OF AMERICA NA	2,752,575	0	For
RBC Capital Markets, LLC	2,643,796	0	For
FAYEZ SAROFIM & CO	2,326,491	0	For
Fidelity	2,255,918	0	For
PNC BANK, NATIONAL ASSOCIATION	2,217,843	0	For
RBC Dominion Securities Inc.	2,096,958	0	For
APG Asset Management US Inc.	1,865,044	0	For

Institutional-manager reports, all 1,335 managers: 239,941,389 for, 22,487,695 against, 37,209 abstained, 60,047 not voted, 7,170 unknown. Showing the 25 largest; see all in the interactive database.

13. 3. Proposal to ratify the appointment of Ernst & Young LLP as independent auditor for 2025

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 569,670,614AGAINST: 30,164,972

Details: description as filed, official tally, votes by 239 asset managers

Description as filed by funds: Advisory Vote to Ratify the Appointment of Ernst & Young LLP as Independent Auditor for 2025.

MCDONALD'S CORP.’s own tally for this item (“3. Proposal to ratify the appointment of Ernst & Young LLP as independent auditor for 2025”): 569,670,614 for, 30,164,972 against, per its Form 8-K filed May 23, 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 239 asset managers below reported 185,949,959 for, 624,242 against, 17,808 abstained, 4,458 unknown.

FOR

FOR: 185,949,959AGAINST: 624,242ABSTAIN: 17,808UNKNOWN: 4,458

Largest asset managers voting on “Advisory Vote to Ratify the Appointment of Ernst & Young LLP as Independent Auditor for 2025.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	77,207,833	25,704	1	For
BlackRock	19,126,720	0	0	For
Fidelity	17,043,357	0	0	For
Capital Group	10,423,617	0	0	For
JPMorgan	9,972,843	0	0	For
State Street	5,964,059	117	0	For
T. Rowe Price	4,835,470	0	0	For
Charles Schwab	4,121,643	0	0	For
Invesco	3,294,427	0	0	For
TIAA	3,269,573	0	0	For
Columbia Threadneedle	2,820,856	0	0	For
FRANKLIN MANAGED TRUST	1,885,500	0	0	For
INVESTMENT CO OF AMERICA	1,866,626	0	0	For
Jackson National	1,569,050	0	0	For
Dimensional	1,267,883	0	0	For
MASTER INVESTMENT PORTFOLIO	1,120,159	0	0	For
WisdomTree	1,056,494	0	0	For
Hartford	1,052,921	446	0	For
Bridge Builder Trust	984,961	0	0	For
CITY NATIONAL ROCHDALE FUNDS	886,796	0	0	For
ProShares	839,561	0	0	For
Franklin Custodian Funds	750,000	0	0	For
Equitable	713,021	12,550	0	For
Nuveen	652,565	0	0	For
Prudential/PGIM	614,396	0	0	For

Showing the 25 largest of 239 asset managers. See all 239 in the interactive database.

14. 6. An advisory shareholder proposal to revisit diversity, equity, and inclusion in executive compensation

Outcome not verifiedDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

1% Majority: no · of votes cast

AGAINST

FOR: 7,168,538AGAINST: 498,794,199

Details: description as filed, official tally, votes by 261 asset managers

Description as filed by funds: Advisory Vote to Revisit DEI in Executive Compensation.

MCDONALD'S CORP.’s own tally for this item (“6. An advisory shareholder proposal to revisit diversity, equity, and inclusion in executive compensation”): 7,168,538 for, 498,794,199 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 261 asset managers below reported 47,074 for, 186,215,114 against, 348,288 abstained, 4,458 unknown.

AGAINST

FOR: 47,074AGAINST: 186,215,114ABSTAIN: 348,288UNKNOWN: 4,458

Largest asset managers voting on “Advisory Vote to Revisit DEI in Executive Compensation.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	10	77,233,523	5	Against
BlackRock	0	19,126,720	0	Against
Fidelity	0	17,043,357	0	Against
Capital Group	0	10,423,617	0	Against
JPMorgan	0	9,972,843	0	Against
State Street	0	5,964,176	0	Against
T. Rowe Price	0	4,835,470	0	Against
Charles Schwab	0	4,121,643	0	Against
Invesco	0	3,294,427	0	Against
TIAA	0	3,269,573	0	Against
Columbia Threadneedle	0	2,820,856	0	Against
FRANKLIN MANAGED TRUST	0	1,885,500	0	Against
INVESTMENT CO OF AMERICA	0	1,866,626	0	Against
Jackson National	0	1,569,050	0	Against
Dimensional	0	1,267,883	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,120,159	0	Against
WisdomTree	0	1,056,494	0	Against
Hartford	0	1,053,367	0	Against
Bridge Builder Trust	0	984,961	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	886,796	0	Against
ProShares	0	839,561	0	Against
Franklin Custodian Funds	0	750,000	0	Against
Equitable	0	725,571	0	Against
Nuveen	0	652,565	0	Against
Prudential/PGIM	0	614,396	0	Against

Showing the 25 largest of 261 asset managers. See all 261 in the interactive database.

15. 5. An advisory shareholder proposal requesting disclosure on climate transition plans

Outcome not verifiedENVIRONMENT OR CLIMATEReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

10% Majority: no · of votes cast

10%AGAINST

FOR: 52,706,755AGAINST: 450,336,420

Details: description as filed, official tally, votes by 229 asset managers

Description as filed by funds: Advisory Vote on Disclosure on Climate Transition Plans.

MCDONALD'S CORP.’s own tally for this item (“5. An advisory shareholder proposal requesting disclosure on climate transition plans”): 52,706,755 for, 450,336,420 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 10% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 229 asset managers below reported 1,726,661 for, 184,161,688 against, 331,925 abstained.

AGAINST

FOR: 1,726,661AGAINST: 184,161,688ABSTAIN: 331,925

Largest asset managers voting on “Advisory Vote on Disclosure on Climate Transition Plans.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	94	77,233,433	11	Against
BlackRock	305,401	18,821,319	0	Against
Fidelity	316	17,043,041	0	Against
Capital Group	0	10,423,617	0	Against
JPMorgan	200	9,972,643	0	Against
State Street	32,455	5,931,721	0	Against
T. Rowe Price	0	4,835,470	0	Against
Charles Schwab	0	4,121,643	0	Against
Invesco	0	3,294,427	0	Against
TIAA	0	3,269,573	0	Against
Columbia Threadneedle	0	2,820,856	0	Against
FRANKLIN MANAGED TRUST	0	1,885,500	0	Against
INVESTMENT CO OF AMERICA	0	1,866,626	0	Against
Jackson National	0	1,569,050	0	Against
Dimensional	93,318	1,174,565	0	Mixed
MASTER INVESTMENT PORTFOLIO	0	1,120,159	0	Against
WisdomTree	0	1,056,494	0	Against
Hartford	0	1,053,367	0	Against
Bridge Builder Trust	0	984,961	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	886,796	0	Against
ProShares	0	839,561	0	Against
Franklin Custodian Funds	0	750,000	0	Against
Equitable	12,550	713,021	0	Against
Nuveen	0	652,565	0	Against
Prudential/PGIM	182,056	432,340	0	Mixed

Showing the 25 largest of 229 asset managers. See all 229 in the interactive database.

16. 4. An advisory shareholder proposal requesting a report related to oversight of advertising risks

Outcome not verifiedOTHERReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

1% Majority: no · of votes cast

AGAINST

FOR: 6,129,398AGAINST: 496,714,551

Details: description as filed, official tally, votes by 228 asset managers

Description as filed by funds: Advisory Vote on Report Related to Oversight of Advertising Risks.

MCDONALD'S CORP.’s own tally for this item (“4. An advisory shareholder proposal requesting a report related to oversight of advertising risks”): 6,129,398 for, 496,714,551 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 228 asset managers below reported 499,130 for, 185,361,727 against, 348,301 abstained, 2,567 unknown.

AGAINST

FOR: 499,130AGAINST: 185,361,727ABSTAIN: 348,301UNKNOWN: 2,567

Largest asset managers voting on “Advisory Vote on Report Related to Oversight of Advertising Risks.” at MCDONALD'S CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	10	77,233,517	11	Against
BlackRock	0	19,126,720	0	Against
Fidelity	0	17,043,357	0	Against
Capital Group	0	10,423,617	0	Against
JPMorgan	0	9,972,843	0	Against
State Street	0	5,964,176	0	Against
T. Rowe Price	0	4,835,470	0	Against
Charles Schwab	0	4,121,643	0	Against
Invesco	0	3,294,427	0	Against
TIAA	0	3,269,573	0	Against
Columbia Threadneedle	0	2,820,856	0	Against
FRANKLIN MANAGED TRUST	0	1,885,500	0	Against
INVESTMENT CO OF AMERICA	0	1,866,626	0	Against
Jackson National	0	1,569,050	0	Against
Dimensional	0	1,267,883	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,120,159	0	Against
WisdomTree	0	1,056,494	0	Against
Hartford	0	1,053,367	0	Against
Bridge Builder Trust	0	984,961	0	Against
CITY NATIONAL ROCHDALE FUNDS	0	886,796	0	Against
ProShares	0	839,561	0	Against
Franklin Custodian Funds	0	750,000	0	Against
Equitable	0	725,571	0	Against
Nuveen	0	652,565	0	Against
Prudential/PGIM	0	614,396	0	Against

Showing the 25 largest of 228 asset managers. See all 228 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 22, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest MCDONALD'S CORP. 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 715,032,727 shares outstanding at the time of that meeting.

Fund voting reports: top MCDONALD'S CORP. shareholders by shares voted on “Advisory vote to approve named executive officer compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.80%
2	BlackRock	2.67%
3	Fidelity	2.38%
4	Capital Group	1.46%
5	JPMorgan	1.39%
6	State Street	0.83%
7	T. Rowe Price	0.68%
8	Charles Schwab	0.58%
9	Invesco	0.46%
10	TIAA	0.46%

Institutional-manager reports: top MCDONALD'S CORP. shareholders by shares voted on “Advisory vote to approve named executive officer compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	JPMorgan	4.03%
2	State Street	2.39%
3	GEODE CAPITAL MANAGEMENT, LLC	2.30%
4	Wellington	1.70%
5	T. Rowe Price	1.49%
6	Capital Research Global Investors	1.39%
7	Northern Trust	1.06%
8	UBS	0.91%
9	Legal & General Investment Management Ltd	0.85%
10	Charles Schwab	0.79%

Reported MCDONALD'S CORP. 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.

MCDONALD'S CORP. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock	7.35%	13F
JPMorgan Chase	5.25%	13F
JPMORGAN CHASE & CO	5.16%	13G
State Street	4.83%	13F
Morgan Stanley	2.46%	13F
Wellington Management	1.66%	13F
T. Rowe Price	1.31%	13F
Norges Bank	1.26%	13F
Northern Trust	1.25%	13F

Percentages above are of 715,032,727 shares outstanding, as reported by MCDONALD'S CORP. 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 MCDONALD'S CORP.’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 MCDONALD'S CORP.'s shareholder meeting held May 20, 2025, in the 2024-2025 proxy season, 1,531 asset managers reported how they voted on 16 ballot items in their SEC Form N-PX filings, covering 20,138 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve named executive officer compensation. — FOR was 94% 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: MCDONALD'S CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2025.

MCDONALD'S CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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