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MICROSOFT CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and MICROSOFT CORP.’s Form 8-K, filed December 11, 2024 (Item 5.07 on EDGAR). Page generated October 14, 2026.

20Ballot items
2,179Asset managers
53,005Fund votes
December 10, 2024Meeting date

Results at a glance

Meeting of December 10, 2024: 20 items on MICROSOFT CORP.’s Form 8-K, filed December 11, 2024: 20 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 MICROSOFT CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by MICROSOFT CORP.

These tallies are MICROSOFT CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed December 11, 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.

MICROSOFT CORP. — official shareholder meeting results, meeting held December 10, 2024
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Reid G. Hoffman	5,148,624,453	41,556,212	8,911,649	--	1,218,114,166	99.1%	Not verified	—
Elect Director: Hugh F. Johnston	4,768,792,470	420,605,495	9,694,349	--	1,218,114,166	92%	Not verified	—
Elect Director: Teri L. List	5,120,774,949	68,560,265	9,757,100	--	1,218,114,166	99%	Not verified	—
Elect Director: Catherine MacGregor	5,180,667,633	8,873,170	9,551,511	--	1,218,114,166	99.8%	Not verified	—
Elect Director: Mark A. L. Mason	5,167,419,348	21,404,525	10,268,441	--	1,218,114,166	99.5%	Not verified	—
Elect Director: Satya Nadella	4,878,901,541	291,907,066	28,283,707	--	1,218,114,166	94%	Not verified	—
Elect Director: Sandra E. Peterson	5,092,981,786	96,435,357	9,675,171	--	1,218,114,166	98%	Not verified	—
Elect Director: Penny S. Pritzker	5,170,315,477	20,548,862	8,227,975	--	1,218,114,166	99.6%	Not verified	—
Elect Director: Carlos A. Rodriguez	5,094,003,865	94,407,242	10,681,207	--	1,218,114,166	98%	Not verified	—
Elect Director: Charles W. Scharf	5,098,538,567	90,405,839	10,147,908	--	1,218,114,166	98%	Not verified	—
Elect Director: John W. Stanton	5,158,411,139	30,890,450	9,790,725	--	1,218,114,166	99.4%	Not verified	—
Elect Director: Emma N. Walmsley	5,141,345,085	48,471,729	9,275,500	--	1,218,114,166	99.0%	Not verified	—
Advisory Vote to Approve Named Executive Officer Compensation	4,727,655,048	448,256,975	23,180,291	--	1,218,114,166	91%	Not verified	—
Ratification of Appointment of Independent Auditor for Fisal Year 2025	6,042,000,471	364,022,603	11,183,406	--	0	94%	Not verified	—
Shareholder Proposal: Report on Risks of Weapons Development	783,837,170	4,353,192,956	62,062,188	--	1,218,114,166	15%	Not verified	—
Shareholder Proposal: Assessment of Investing in Bitcoin	28,234,424	5,148,248,368	22,609,522	--	1,218,114,166	0.6%	Not verified	—
Shareholder Proposal: Report on Data Operations in Human Rights Hotspots	1,647,287,434	3,495,428,268	56,376,612	--	1,218,114,166	32%	Not verified	—
Shareholder Proposal: Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production	498,928,539	4,641,011,840	59,151,935	--	1,218,114,166	10%	Not verified	—
Shareholder Proposal: Report on AI Misinformation and Disinformation	956,598,432	4,167,583,544	74,910,338	--	1,218,114,166	19%	Not verified	—
Shareholder Proposal: Report on AI Data Sourcing Accountability	1,803,298,481	3,179,152,976	216,640,857	--	1,218,114,166	36%	Not verified	—

Source: MICROSOFT CORP., Form 8-K, filed with the SEC on December 11, 2024 — read the filing on EDGAR.

How asset managers voted at the MICROSOFT CORP. 2024-2025 meeting

Each item below shows how the 2,179 asset managers that disclosed a MICROSOFT 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: Reid G. Hoffman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 15 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 5,148,624,453AGAINST: 41,556,212

Details: description as filed, official tally, votes by 379 asset managers

Description as filed by funds: Election of Directors: Reid G. Hoffman

MICROSOFT CORP.’s own tally for this item (“Elect Director: Reid G. Hoffman”): 5,148,624,453 for, 41,556,212 against, per its Form 8-K filed December 11, 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: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 379 asset managers below reported 1,886,020,123 for, 169,581 against, 768,223 abstained, 22,948 not voted, 51,773 unknown.

FOR

FOR: 1,886,020,123AGAINST: 169,581ABSTAIN: 768,223UNKNOWN: 51,773NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Reid G. Hoffman” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 379 asset managers. See all 379 in the interactive database.

2. Elect Director: Hugh F. Johnston

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 15 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%

FOR: 4,768,792,470AGAINST: 420,605,495

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Hugh F. Johnston

MICROSOFT CORP.’s own tally for this item (“Elect Director: Hugh F. Johnston”): 4,768,792,470 for, 420,605,495 against, per its Form 8-K filed December 11, 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: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 1,772,264,064 for, 113,980,524 against, 663,029 abstained, 22,948 not voted, 51,773 unknown.

FOR

FOR: 1,772,264,064AGAINST: 113,980,524ABSTAIN: 663,029UNKNOWN: 51,773NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Hugh F. Johnston” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	661,788,208	25,821,654	For
Fidelity	312,123,572	523,074	For
BlackRock	189,470,572	75,028	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	0	44,952,451	Against
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	15,231,279	1,067,753	Mixed
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,308,441	211,406	For
Victory Capital	8,234,138	19,913	For
John Hancock	7,149,490	491,587	Mixed
Franklin Custodian Funds	0	7,293,768	Against
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

3. Elect Director: Catherine MacGregor

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 5,180,667,633AGAINST: 8,873,170

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Catherine MacGregor

MICROSOFT CORP.’s own tally for this item (“Elect Director: Catherine MacGregor”): 5,180,667,633 for, 8,873,170 against, per its Form 8-K filed December 11, 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: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 1,885,970,745 for, 149,898 against, 786,975 abstained, 22,948 not voted, 51,773 unknown.

FOR

FOR: 1,885,970,745AGAINST: 149,898ABSTAIN: 786,975UNKNOWN: 51,773NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Catherine MacGregor” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

4. Elect Director: Mark A. L. Mason

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 5,167,419,348AGAINST: 21,404,525

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Mark A. L. Mason

MICROSOFT CORP.’s own tally for this item (“Elect Director: Mark A. L. Mason”): 5,167,419,348 for, 21,404,525 against, per its Form 8-K filed December 11, 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 1,885,731,542 for, 488,479 against, 663,102 abstained, 22,948 not voted, 51,773 unknown.

FOR

FOR: 1,885,731,542AGAINST: 488,479ABSTAIN: 663,102UNKNOWN: 51,773NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Mark A. L. Mason” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

5. Elect Director: Satya Nadella

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: 4,878,901,541AGAINST: 291,907,066

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Satya Nadella

MICROSOFT CORP.’s own tally for this item (“Elect Director: Satya Nadella”): 4,878,901,541 for, 291,907,066 against, per its Form 8-K filed December 11, 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 378 asset managers below reported 1,883,571,381 for, 2,658,724 against, 665,361 abstained, 22,948 not voted, 61,082 unknown.

FOR

FOR: 1,883,571,381AGAINST: 2,658,724ABSTAIN: 665,361UNKNOWN: 61,082NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Satya Nadella” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,621,675	437	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

6. Elect Director: Sandra E. Peterson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 5,092,981,786AGAINST: 96,435,357

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Sandra E. Peterson

MICROSOFT CORP.’s own tally for this item (“Elect Director: Sandra E. Peterson”): 5,092,981,786 for, 96,435,357 against, per its Form 8-K filed December 11, 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 378 asset managers below reported 1,882,724,318 for, 3,487,165 against, 644,353 abstained, 22,948 not voted, 100,711 unknown.

FOR

FOR: 1,882,724,318AGAINST: 3,487,165ABSTAIN: 644,353UNKNOWN: 100,711NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Sandra E. Peterson” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

7. Elect Director: Penny S. Pritzker

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 5,170,315,477AGAINST: 20,548,862

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Penny S. Pritzker

MICROSOFT CORP.’s own tally for this item (“Elect Director: Penny S. Pritzker”): 5,170,315,477 for, 20,548,862 against, per its Form 8-K filed December 11, 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: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 1,884,911,695 for, 1,353,179 against, 662,848 abstained, 51,773 unknown.

FOR

FOR: 1,884,911,695AGAINST: 1,353,179ABSTAIN: 662,848UNKNOWN: 51,773

Largest asset managers voting on “Election of Directors: Penny S. Pritzker” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

8. Elect Director: Carlos A. Rodriguez

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 5,094,003,865AGAINST: 94,407,242

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Carlos A. Rodriguez

MICROSOFT CORP.’s own tally for this item (“Elect Director: Carlos A. Rodriguez”): 5,094,003,865 for, 94,407,242 against, per its Form 8-K filed December 11, 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 378 asset managers below reported 1,884,082,626 for, 1,070,721 against, 1,725,438 abstained, 100,711 unknown.

FOR

FOR: 1,884,082,626AGAINST: 1,070,721ABSTAIN: 1,725,438UNKNOWN: 100,711

Largest asset managers voting on “Election of Directors: Carlos A. Rodriguez” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

9. Elect Director: Charles W. Scharf

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 5,098,538,567AGAINST: 90,405,839

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Charles W. Scharf

MICROSOFT CORP.’s own tally for this item (“Elect Director: Charles W. Scharf”): 5,098,538,567 for, 90,405,839 against, per its Form 8-K filed December 11, 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 378 asset managers below reported 1,883,718,806 for, 2,492,623 against, 22,948 withheld, 644,407 abstained, 100,711 unknown.

FOR

FOR: 1,883,718,806AGAINST: 2,492,623ABSTAIN: 644,407WITHHOLD: 22,948UNKNOWN: 100,711

Largest asset managers voting on “Election of Directors: Charles W. Scharf” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

10. Elect Director: John W. Stanton

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 15 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 5,158,411,139AGAINST: 30,890,450

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: John W. Stanton

MICROSOFT CORP.’s own tally for this item (“Elect Director: John W. Stanton”): 5,158,411,139 for, 30,890,450 against, per its Form 8-K filed December 11, 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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 1,885,314,854 for, 919,563 against, 644,368 abstained, 100,711 unknown.

FOR

FOR: 1,885,314,854AGAINST: 919,563ABSTAIN: 644,368UNKNOWN: 100,711

Largest asset managers voting on “Election of Directors: John W. Stanton” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

11. Elect Director: Emma N. Walmsley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 5,141,345,085AGAINST: 48,471,729

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Election of Directors: Emma N. Walmsley

MICROSOFT CORP.’s own tally for this item (“Elect Director: Emma N. Walmsley”): 5,141,345,085 for, 48,471,729 against, per its Form 8-K filed December 11, 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 378 asset managers below reported 1,883,879,746 for, 2,331,792 against, 22,948 withheld, 644,299 abstained, 100,711 unknown.

FOR

FOR: 1,883,879,746AGAINST: 2,331,792ABSTAIN: 644,299WITHHOLD: 22,948UNKNOWN: 100,711

Largest asset managers voting on “Election of Directors: Emma N. Walmsley” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

12. Elect Director: Teri L. List

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: 5,120,774,949AGAINST: 68,560,265

Details: description as filed, official tally, votes by 377 asset managers

Description as filed by funds: Election of Directors: Teri L. List

MICROSOFT CORP.’s own tally for this item (“Elect Director: Teri L. List”): 5,120,774,949 for, 68,560,265 against, per its Form 8-K filed December 11, 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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 377 asset managers below reported 1,885,681,524 for, 551,633 against, 644,363 abstained, 22,948 not voted, 51,773 unknown.

FOR

FOR: 1,885,681,524AGAINST: 551,633ABSTAIN: 644,363UNKNOWN: 51,773NOT VOTED: 22,948

Largest asset managers voting on “Election of Directors: Teri L. List” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,519,847	0	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 377 asset managers. See all 377 in the interactive database.

13. Advisory Vote to Approve Named Executive Officer Compensation

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

Combines 96 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 4,727,655,048AGAINST: 448,256,975

Details: description as filed, official tally, votes by 2,136 asset managers

Description as filed by funds: Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").

MICROSOFT CORP.’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation”): 4,727,655,048 for, 448,256,975 against, per its Form 8-K filed December 11, 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: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 355 asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	687,609,862	0	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,183,738	252,125	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,622,112	0	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,299,032	0	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,452,848	66,999	For
Victory Capital	8,254,051	0	For
John Hancock	7,614,397	26,680	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Fund voting reports, all 355 managers: 1,879,709,192 for, 3,311,760 against, 678,430 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,809 asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
BlackRock	249,807,340	57,537	For
Fidelity	189,666,217	7,695,549	For
State Street	166,041,936	0	For
GEODE CAPITAL MANAGEMENT, LLC	164,768,702	0	For
T. Rowe Price	150,916,770	399,875	For
JPMorgan	99,726,733	0	For
Capital Research Global Investors	76,728,807	0	For
Northern Trust	69,602,802	0	For
UBS	52,802,953	0	For
Legal & General Investment Management America Inc	0	52,703,073	Against
Nuveen	50,280,640	0	For
Wellington	49,295,121	0	For
Charles Schwab	47,769,421	0	For
Vanguard	44,232,829	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	40,365,002	0	For
AllianceBernstein	38,378,442	0	For
MELLON INVESTMENTS Corp	36,784,443	0	For
Invesco	35,476,748	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	30,340,643	0	For
Legal & General Investment Management Ltd	0	29,392,259	Against
Janus Henderson	27,290,662	0	For
National Pension Service	27,191,480	0	For
Fisher Asset Management, LLC	24,918,629	0	For
Amundi	0	24,748,392	Against
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	21,689,630	0	For

Institutional-manager reports, all 1,809 managers: 2,783,326,983 for, 259,839,084 against, 275,734 withheld, 150,974 abstained, 584,774 not voted, 197,873 unknown, 121,242 1 year. Showing the 25 largest; see all in the interactive database.

14. Ratification of Appointment of Independent Auditor for Fisal Year 2025

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 6,042,000,471AGAINST: 364,022,603

Details: description as filed, official tally, votes by 373 asset managers

Description as filed by funds: Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2025.

MICROSOFT CORP.’s own tally for this item (“Ratification of Appointment of Independent Auditor for Fisal Year 2025”): 6,042,000,471 for, 364,022,603 against, per its Form 8-K filed December 11, 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.

Also reported under other wordings, matched to the same row of MICROSOFT CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Deloitte & Touche LLP as Auditors” (15 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 373 asset managers below reported 1,873,883,961 for, 8,822,995 against, 22,948 withheld, 669,929 abstained, 48,938 unknown.

FOR

FOR: 1,873,883,961AGAINST: 8,822,995ABSTAIN: 669,929WITHHOLD: 22,948UNKNOWN: 48,938

Largest asset managers voting on “Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2025.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	683,598,641	4,011,221	For
Fidelity	312,646,646	0	For
BlackRock	189,545,600	0	For
T. Rowe Price	73,435,863	0	For
TIAA	46,965,654	0	For
Charles Schwab	44,952,451	0	For
State Street	43,620,282	1,830	For
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	25,114,871	0	For
MFS	20,329,467	0	For
JANUS INVESTMENT FUND	19,206,783	0	For
Columbia Threadneedle	18,523,471	0	For
Dimensional	18,333,975	0	For
Invesco	17,084,279	0	For
Jackson National	16,265,897	33,135	For
AMCAP FUND	13,208,882	0	For
American Century	12,417,845	0	For
Prudential/PGIM	12,393,190	0	For
MASTER INVESTMENT PORTFOLIO	11,882,402	0	For
Putnam	9,281,142	0	For
Equitable	8,416,929	102,918	For
Victory Capital	8,254,051	0	For
John Hancock	7,641,077	0	For
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	7,213,222	0	For

Showing the 25 largest of 373 asset managers. See all 373 in the interactive database.

15. Shareholder Proposal: Report on Risks of Weapons Development

Outcome not verifiedHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

15% Majority: no · of votes cast

FOR 15%AGAINST

FOR: 783,837,170AGAINST: 4,353,192,956

Details: description as filed, official tally, votes by 379 asset managers

Description as filed by funds: Report on Risks of Weapons Development.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Report on Risks of Weapons Development”): 783,837,170 for, 4,353,192,956 against, per its Form 8-K filed December 11, 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: 15% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 379 asset managers below reported 110,554,220 for, 1,769,175,201 against, 22,948 withheld, 7,108,457 abstained, 4,360 not voted, 39,629 unknown.

AGAINST

FOR: 110,554,220AGAINST: 1,769,175,201ABSTAIN: 7,108,457WITHHOLD: 22,948UNKNOWN: 39,629NOT VOTED: 4,360

Largest asset managers voting on “Report on Risks of Weapons Development.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,317,140	659,292,722	Against
Fidelity	523,074	312,123,572	Against
BlackRock	183,112	189,362,488	Against
T. Rowe Price	0	73,435,863	Against
TIAA	0	46,965,654	Against
Charles Schwab	0	44,952,451	Against
State Street	14,058	43,608,054	Against
JPMorgan	0	37,745,171	Against
INVESTMENT CO OF AMERICA	0	25,114,871	Against
MFS	0	20,329,467	Against
JANUS INVESTMENT FUND	0	19,206,783	Against
Columbia Threadneedle	0	18,523,471	Against
Dimensional	0	18,333,975	Against
Invesco	0	17,084,279	Against
Jackson National	1,131,427	15,167,605	Mixed
AMCAP FUND	0	13,208,882	Against
American Century	0	12,417,845	Against
Prudential/PGIM	5,455,578	6,937,612	Mixed
MASTER INVESTMENT PORTFOLIO	0	11,882,402	Against
Putnam	0	9,281,142	Against
Equitable	185,848	8,333,999	Against
Victory Capital	19,913	8,234,138	Against
John Hancock	964,923	6,676,154	Mixed
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	0	7,213,222	Against

Showing the 25 largest of 379 asset managers. See all 379 in the interactive database.

16. Shareholder Proposal: Report on AI Misinformation and Disinformation

Outcome not verifiedOTHERReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

19% Majority: no · of votes cast

FOR 19%AGAINST

FOR: 956,598,432AGAINST: 4,167,583,544

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Report on AI Misinformation and Disinformation.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Report on AI Misinformation and Disinformation”): 956,598,432 for, 4,167,583,544 against, per its Form 8-K filed December 11, 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: 19% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 136,517,622 for, 1,743,965,899 against, 6,407,284 abstained, 4,360 not voted.

AGAINST

FOR: 136,517,622AGAINST: 1,743,965,899ABSTAIN: 6,407,284NOT VOTED: 4,360

Largest asset managers voting on “Report on AI Misinformation and Disinformation.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	3,162,431	684,447,431	Against
Fidelity	0	312,646,646	Against
BlackRock	183,112	189,362,488	Against
T. Rowe Price	0	73,435,863	Against
TIAA	46,965,654	0	For
Charles Schwab	0	44,952,451	Against
State Street	14,058	43,608,054	Against
JPMorgan	806	37,744,365	Against
INVESTMENT CO OF AMERICA	0	25,114,871	Against
MFS	0	20,329,467	Against
JANUS INVESTMENT FUND	0	19,206,783	Against
Columbia Threadneedle	0	18,523,471	Against
Dimensional	0	18,333,975	Against
Invesco	0	17,084,279	Against
Jackson National	63,674	16,235,358	Against
AMCAP FUND	0	13,208,882	Against
American Century	0	12,417,845	Against
Prudential/PGIM	9,488,104	2,905,086	Mixed
MASTER INVESTMENT PORTFOLIO	0	11,882,402	Against
Putnam	0	9,281,142	Against
Equitable	79,861	8,439,986	Against
Victory Capital	0	8,254,051	Against
John Hancock	4,564,580	3,076,497	Mixed
Franklin Custodian Funds	7,293,768	0	For
Six Circles Trust	0	7,213,222	Against

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

17. Shareholder Proposal: Report on AI Data Sourcing Accountability

Outcome not verifiedOTHERReported outcome: Not verified

Combines 11 wordings of this item as funds reported it.

36% Majority: no · of votes cast

FOR 36%AGAINST

FOR: 1,803,298,481AGAINST: 3,179,152,976

Details: description as filed, official tally, votes by 378 asset managers

Description as filed by funds: Report on AI Data Sourcing Accountability.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Report on AI Data Sourcing Accountability”): 1,803,298,481 for, 3,179,152,976 against, per its Form 8-K filed December 11, 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: 36% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 378 asset managers below reported 386,604,567 for, 1,442,308,495 against, 57,877,032 abstained, 4,360 not voted, 100,711 unknown.

FORAGAINST

FOR: 386,604,567AGAINST: 1,442,308,495ABSTAIN: 57,877,032UNKNOWN: 100,711NOT VOTED: 4,360

Largest asset managers voting on “Report on AI Data Sourcing Accountability.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	4,046,231	683,563,631	0	Against
Fidelity	155,402,990	157,243,656	0	Mixed
BlackRock	143,109	189,402,491	0	Against
T. Rowe Price	0	73,435,863	0	Against
TIAA	46,965,654	0	0	For
Charles Schwab	0	44,952,451	0	Against
State Street	18,882	9,542	43,593,688	Abstain
JPMorgan	806	37,744,365	0	Against
INVESTMENT CO OF AMERICA	0	25,114,871	0	Against
MFS	20,329,467	0	0	For
JANUS INVESTMENT FUND	5,093,123	14,113,660	0	Mixed
Columbia Threadneedle	0	18,523,471	0	Against
Dimensional	0	18,333,975	0	Against
Invesco	11,279,942	5,804,337	0	Mixed
Jackson National	551,648	15,747,384	0	Against
AMCAP FUND	0	13,208,882	0	Against
American Century	0	12,417,845	0	Against
Prudential/PGIM	10,416,612	1,976,578	0	Mixed
MASTER INVESTMENT PORTFOLIO	0	11,882,402	0	Against
Putnam	0	9,281,142	0	Against
Equitable	4,855,459	3,664,388	0	Mixed
Victory Capital	3,013,685	5,240,366	0	Mixed
John Hancock	660,466	6,980,611	0	Mixed
Franklin Custodian Funds	7,293,768	0	0	For
Six Circles Trust	0	7,213,222	0	Against

Showing the 25 largest of 378 asset managers. See all 378 in the interactive database.

18. Shareholder Proposal: Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and…

Outcome not verifiedOTHERReported outcome: Not verified

Combines 16 wordings of this item as funds reported it.

10% Majority: no · of votes cast

10%AGAINST

FOR: 498,928,539AGAINST: 4,641,011,840

Details: description as filed, official tally, votes by 376 asset managers

Description as filed by funds: Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production”): 498,928,539 for, 4,641,011,840 against, per its Form 8-K filed December 11, 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: 10% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 376 asset managers below reported 24,947,550 for, 1,853,265,918 against, 6,412,725 abstained, 4,360 not voted.

AGAINST

FOR: 24,947,550AGAINST: 1,853,265,918ABSTAIN: 6,412,725NOT VOTED: 4,360

Largest asset managers voting on “Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	687,609,862	Against
Fidelity	0	312,646,646	Against
BlackRock	148,088	189,397,512	Against
T. Rowe Price	0	73,435,863	Against
TIAA	0	46,965,654	Against
Charles Schwab	0	44,952,451	Against
State Street	14,058	43,608,054	Against
JPMorgan	0	37,745,171	Against
INVESTMENT CO OF AMERICA	0	25,114,871	Against
MFS	0	20,329,467	Against
JANUS INVESTMENT FUND	4,830	19,201,953	Against
Columbia Threadneedle	0	18,523,471	Against
Dimensional	0	18,333,975	Against
Invesco	0	17,084,279	Against
Jackson National	0	16,299,032	Against
AMCAP FUND	0	13,208,882	Against
American Century	0	12,417,845	Against
Prudential/PGIM	0	12,393,190	Against
MASTER INVESTMENT PORTFOLIO	0	11,882,402	Against
Putnam	0	9,281,142	Against
Equitable	10,361	8,509,486	Against
Victory Capital	0	8,254,051	Against
John Hancock	71,820	7,569,257	Against
Franklin Custodian Funds	0	7,293,768	Against
Six Circles Trust	0	7,213,222	Against

Showing the 25 largest of 376 asset managers. See all 376 in the interactive database.

19. Shareholder Proposal: Assessment of Investing in Bitcoin

Outcome not verifiedOTHERReported outcome: Not verified

Combines 10 wordings of this item as funds reported it.

0.6% Majority: no · of votes cast

AGAINST

FOR: 28,234,424AGAINST: 5,148,248,368

Details: description as filed, official tally, votes by 370 asset managers

Description as filed by funds: Assessment of Investing in Bitcoin.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Assessment of Investing in Bitcoin”): 28,234,424 for, 5,148,248,368 against, per its Form 8-K filed December 11, 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: 0.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 370 asset managers below reported 627,891 for, 1,876,254,166 against, 6,419,183 abstained, 4,360 not voted, 100,711 unknown.

AGAINST

FOR: 627,891AGAINST: 1,876,254,166ABSTAIN: 6,419,183UNKNOWN: 100,711NOT VOTED: 4,360

Largest asset managers voting on “Assessment of Investing in Bitcoin.” at MICROSOFT CORP., 2024-2025
Asset manager	Against	Vote
Vanguard	687,609,862	Against
Fidelity	312,646,646	Against
BlackRock	189,545,600	Against
T. Rowe Price	73,435,863	Against
TIAA	46,965,654	Against
Charles Schwab	44,952,451	Against
State Street	43,622,112	Against
JPMorgan	37,745,171	Against
INVESTMENT CO OF AMERICA	25,114,871	Against
MFS	20,329,467	Against
JANUS INVESTMENT FUND	19,206,783	Against
Columbia Threadneedle	18,523,471	Against
Dimensional	18,333,975	Against
Invesco	17,084,279	Against
Jackson National	16,299,032	Against
AMCAP FUND	13,208,882	Against
American Century	12,417,845	Against
Prudential/PGIM	12,393,190	Against
MASTER INVESTMENT PORTFOLIO	11,882,402	Against
Putnam	9,281,142	Against
Equitable	8,519,847	Against
Victory Capital	8,254,051	Against
John Hancock	7,641,077	Against
Franklin Custodian Funds	7,293,768	Against
Six Circles Trust	7,213,222	Against

Showing the 25 largest of 370 asset managers. See all 370 in the interactive database.

20. Shareholder Proposal: Report on Data Operations in Human Rights Hotspots

Outcome not verifiedHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

32% Majority: no · of votes cast

FOR 32%AGAINST

FOR: 1,647,287,434AGAINST: 3,495,428,268

Details: description as filed, official tally, votes by 370 asset managers

Description as filed by funds: Report on Data Operations in Human Rights Hotspots.

MICROSOFT CORP.’s own tally for this item (“Shareholder Proposal: Report on Data Operations in Human Rights Hotspots”): 1,647,287,434 for, 3,495,428,268 against, per its Form 8-K filed December 11, 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: 32% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 370 asset managers below reported 134,095,523 for, 1,741,090,669 against, 6,402,262 abstained, 4,360 not voted.

AGAINST

FOR: 134,095,523AGAINST: 1,741,090,669ABSTAIN: 6,402,262NOT VOTED: 4,360

Largest asset managers voting on “Report on Data Operations in Human Rights Hotspots.” at MICROSOFT CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	2,986,199	684,623,663	Against
Fidelity	3,116,252	309,530,394	Against
BlackRock	108,084	189,437,516	Against
T. Rowe Price	0	73,435,863	Against
TIAA	0	46,965,654	Against
Charles Schwab	0	44,952,451	Against
State Street	18,882	43,603,230	Against
JPMorgan	37,745,171	0	For
INVESTMENT CO OF AMERICA	0	25,114,871	Against
MFS	0	20,329,467	Against
JANUS INVESTMENT FUND	5,093,123	14,113,660	Mixed
Columbia Threadneedle	0	18,523,471	Against
Dimensional	207,168	18,126,807	Against
Invesco	10,405,348	6,678,931	Mixed
Jackson National	700,529	15,598,503	Against
AMCAP FUND	0	13,208,882	Against
American Century	0	12,417,845	Against
Prudential/PGIM	919,178	11,474,012	Mixed
MASTER INVESTMENT PORTFOLIO	0	11,882,402	Against
Putnam	0	9,281,142	Against
Equitable	1,112,299	7,407,548	Mixed
Victory Capital	2,871,597	5,382,454	Mixed
John Hancock	232,270	7,408,807	Against
Franklin Custodian Funds	0	7,293,768	Against
Six Circles Trust	0	7,213,222	Against

Showing the 25 largest of 370 asset managers. See all 370 in the interactive database.

Not shown here: this season’s fund filings also report 2 items from the meeting of December 7, 2023, which belongs to the 2023-2024 season; 1 item from the meeting of December 5, 2025, which belongs to the 2025-2026 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 MICROSOFT 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 7,433,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top MICROSOFT CORP. shareholders by shares voted on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.25%
2	Fidelity	4.21%
3	BlackRock	2.55%
4	T. Rowe Price	0.99%
5	TIAA	0.63%
6	Charles Schwab	0.60%
7	State Street	0.59%
8	JPMorgan	0.51%
9	INVESTMENT CO OF AMERICA	0.34%
10	MFS	0.27%

Institutional-manager reports: top MICROSOFT CORP. shareholders by shares voted on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").”, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	3.36%
2	Fidelity	2.66%
3	State Street	2.23%
4	GEODE CAPITAL MANAGEMENT, LLC	2.22%
5	T. Rowe Price	2.04%
6	JPMorgan	1.34%
7	Capital Research Global Investors	1.03%
8	Northern Trust	0.94%
9	UBS	0.71%
10	Legal & General Investment Management America Inc	0.71%

Reported MICROSOFT 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.

MICROSOFT CORP. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.30%	13F
BlackRock	7.85%	13F
State Street	3.98%	13F
FMR (Fidelity)	2.62%	13F
JPMorgan Chase	1.91%	13F
T. Rowe Price	1.77%	13F
Morgan Stanley	1.67%	13F
Norges Bank	1.27%	13F
Northern Trust	1.11%	13F
Satya Nadella	0.01%	DEF14A

Percentages above are of 7,433,000,000 shares outstanding, as reported by MICROSOFT CORP. on its Form 10-Q dated March 31, 2024 (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 MICROSOFT CORP.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At MICROSOFT CORP.'s shareholder meeting held December 10, 2024, in the 2024-2025 proxy season, 2,179 asset managers reported how they voted on 20 ballot items in their SEC Form N-PX filings, covering 53,005 separate fund positions. On the most widely held item on that ballot — Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote"). — FOR was 91% 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: MICROSOFT CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on December 11, 2024.

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

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