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Microsoft Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Microsoft Corporation’s Form 8-K, filed December 8, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 21Ballot items
  • 2,307Asset managers
  • 58,635Fund votes
  • December 5, 2025Meeting date

Results at a glance

Meeting of December 5, 2025: 21 items on Microsoft Corporation’s Form 8-K, filed December 8, 2025: 21 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 Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Microsoft Corporation

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

Microsoft Corporation — official shareholder meeting results, meeting held December 5, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Reid G. Hoffman 5,120,225,97948,294,50814,934,170 --1,137,975,835 99.0%Not verified—
Elect Director: Hugh F. Johnston 4,733,430,707437,820,49912,203,451 --1,137,975,835 92%Not verified—
Elect Director: Teri L. List 4,999,681,887175,326,2648,446,506 --1,137,975,835 97%Not verified—
Elect Director: Catherine MacGregor 5,148,368,34026,590,7348,495,583 --1,137,975,835 99.4%Not verified—
Elect Director: Mark A. L. Mason 5,122,450,02052,291,8578,712,780 --1,137,975,835 99%Not verified—
Elect Director: Satya Nadella 4,815,433,908337,016,79031,003,959 --1,137,975,835 93%Not verified—
Elect Director: Sandra E. Peterson 5,004,804,899166,778,65011,871,108 --1,137,975,835 97%Not verified—
Elect Director: Penny S. Pritzker 5,147,754,25327,334,7988,365,606 --1,137,975,835 99.4%Not verified—
Elect Director: John David Rainey 5,159,803,41114,709,0888,942,158 --1,137,975,835 99.7%Not verified—
Elect Director: Charles W. Scharf 4,947,789,084227,012,0068,653,567 --1,137,975,835 96%Not verified—
Elect Director: John W. Stanton 5,056,509,391118,267,8368,677,430 --1,137,975,835 98%Not verified—
Elect Director: Emma N. Walmsley 5,147,102,80927,909,3828,442,466 --1,137,975,835 99.4%Not verified—
Advisory Vote to Approve Named Executive Officer Compensation 4,744,731,533415,831,13522,891,989 --1,137,975,835 92%Not verified—
Ratification of Appointment of Independent Auditor for Fisal Year 2026 5,897,883,259408,304,65715,242,576 --0 94%Not verified—
Approval of the Microsoft Corporation 2026 Stock Plan 5,016,063,751151,618,87315,772,033 --1,137,975,835 97%Not verified—
Shareholder Proposal: European Security Program Censorship Risk Audit 40,404,0475,102,931,49340,119,117 --1,137,975,835 0.8%Not verified—
Shareholder Proposal: Report on Risks of Censorship in Generative Artificial Intelligence 35,508,0845,104,188,60343,757,970 --1,137,975,835 0.7%Not verified—
Shareholder Proposal: Report on AI Data Usage Oversight 683,895,8584,435,809,58863,749,211 --1,137,975,835 13%Not verified—
Shareholder Proposal: Report on Data Operations in Human Rights Hotspots 1,406,735,1873,712,753,37163,966,099 --1,137,975,835 27%Not verified—
Shareholder Proposal: Report on Human Rights Due Diligence 1,336,945,2553,738,252,211108,257,191 --1,137,975,835 26%Not verified—
Shareholder Proposal: Report on AI and Machine Learning Tools for Oil and Gas Development and Production 448,005,6824,671,182,89464,266,081 --1,137,975,835 9%Not verified—

Source: Microsoft Corporation, Form 8-K, filed with the SEC on December 8, 2025 — read the filing on EDGAR.

How asset managers voted at the Microsoft Corporation 2025-2026 meeting

Each item below shows how the 2,307 asset managers that disclosed a Microsoft Corporation 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: Catherine MacGregor

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 5,148,368,340AGAINST: 26,590,734
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Catherine MacGregor”): 5,148,368,340 for, 26,590,734 against, per its Form 8-K filed December 8, 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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,064,164,468 for, 1,409,243 against, 527,708 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,064,164,468AGAINST: 1,409,243ABSTAIN: 527,708UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Catherine MacGregor” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,81936 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

2. Elect Director: Charles W. Scharf

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 4,947,789,084AGAINST: 227,012,006
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Charles W. Scharf”): 4,947,789,084 for, 227,012,006 against, per its Form 8-K filed December 8, 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: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,061,172,051 for, 4,401,650 against, 527,718 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,061,172,051AGAINST: 4,401,650ABSTAIN: 527,718UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Charles W. Scharf” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,495360 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,633,3541,300 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

3. Elect Director: Emma N. Walmsley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 5,147,102,809AGAINST: 27,909,382
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Emma N. Walmsley”): 5,147,102,809 for, 27,909,382 against, per its Form 8-K filed December 8, 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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,063,956,205 for, 1,617,508 against, 527,705 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,063,956,205AGAINST: 1,617,508ABSTAIN: 527,705UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Emma N. Walmsley” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,81737 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

4. Elect Director: Hugh F. Johnston

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 4,733,430,707AGAINST: 437,820,499
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Hugh F. Johnston”): 4,733,430,707 for, 437,820,499 against, per its Form 8-K filed December 8, 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: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 1,948,067,732 for, 117,505,719 against, 527,967 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 1,948,067,732AGAINST: 117,505,719ABSTAIN: 527,967UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Hugh F. Johnston” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard644,174,34525,770,505 180For
Fidelity312,010,451376,751 00For
BlackRock208,234,56285,621 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab36,73747,992,513 00Against
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National13,993,614935,548 00Mixed
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,002,664195,459 00For
Victory Capital7,874,26919,837 00For
John Hancock6,876,949963,403 00Mixed

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

5. Elect Director: John David Rainey

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 5,159,803,411AGAINST: 14,709,088
Details: description as filed, official tally, votes by 389 asset managers

Description as filed by funds: Election of Directors: John David Rainey

Microsoft Corporation’s own tally for this item (“Elect Director: John David Rainey”): 5,159,803,411 for, 14,709,088 against, per its Form 8-K filed December 8, 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: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,064,327,265 for, 1,246,413 against, 527,741 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,064,327,265AGAINST: 1,246,413ABSTAIN: 527,741UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: John David Rainey” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,83518 150For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,840,3520 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

6. Elect Director: John W. Stanton

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: 5,056,509,391AGAINST: 118,267,836
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: John W. Stanton”): 5,056,509,391 for, 118,267,836 against, per its Form 8-K filed December 8, 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 389 asset managers below reported 2,062,234,061 for, 3,339,639 against, 527,719 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,062,234,061AGAINST: 3,339,639ABSTAIN: 527,719UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: John W. Stanton” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,669185 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,633,3541,300 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

7. Elect Director: Mark A. L. Mason

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: 5,122,450,020AGAINST: 52,291,857
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Mark A. L. Mason”): 5,122,450,020 for, 52,291,857 against, per its Form 8-K filed December 8, 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 389 asset managers below reported 2,065,113,638 for, 438,599 against, 527,723 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,065,113,638AGAINST: 438,599ABSTAIN: 527,723UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Mark A. L. Mason” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,77876 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

8. Elect Director: Penny S. Pritzker

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 5,147,754,253AGAINST: 27,334,798
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Penny S. Pritzker”): 5,147,754,253 for, 27,334,798 against, per its Form 8-K filed December 8, 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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,065,271,461 for, 302,256 against, 527,703 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,065,271,461AGAINST: 302,256ABSTAIN: 527,703UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Penny S. Pritzker” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,81639 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

9. Elect Director: Reid G. Hoffman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 5,120,225,979AGAINST: 48,294,508
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Reid G. Hoffman”): 5,120,225,979 for, 48,294,508 against, per its Form 8-K filed December 8, 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 389 asset managers below reported 2,065,199,088 for, 303,754 against, 598,575 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,065,199,088AGAINST: 303,754ABSTAIN: 598,575UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Reid G. Hoffman” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,76874 240For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

10. Elect Director: Satya Nadella

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 4,815,433,908AGAINST: 337,016,790
Details: description as filed, official tally, votes by 389 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Satya Nadella”): 4,815,433,908 for, 337,016,790 against, per its Form 8-K filed December 8, 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: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 389 asset managers below reported 2,062,895,189 for, 2,676,930 against, 529,299 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,062,895,189AGAINST: 2,676,930ABSTAIN: 529,299UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Satya Nadella” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,307509 510For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,044610 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

11. Elect Director: Sandra E. Peterson

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: 5,004,804,899AGAINST: 166,778,650
Details: description as filed, official tally, votes by 388 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Sandra E. Peterson”): 5,004,804,899 for, 166,778,650 against, per its Form 8-K filed December 8, 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 388 asset managers below reported 2,061,704,810 for, 3,724,922 against, 527,933 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,061,704,810AGAINST: 3,724,922ABSTAIN: 527,933UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Sandra E. Peterson” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,726,437218,413 180For
Fidelity312,387,2020 00For
BlackRock208,274,62445,559 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 388 asset managers. See all 388 in the interactive database.

12. Elect Director: Teri L. List

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: 4,999,681,887AGAINST: 175,326,264
Details: description as filed, official tally, votes by 388 asset managers

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

Microsoft Corporation’s own tally for this item (“Elect Director: Teri L. List”): 4,999,681,887 for, 175,326,264 against, per its Form 8-K filed December 8, 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 388 asset managers below reported 2,062,137,102 for, 3,414,153 against, 527,706 abstained, 5,750 not voted, 55,331 unknown.

FOR
FOR: 2,062,137,102AGAINST: 3,414,153ABSTAIN: 527,706UNKNOWN: 55,331NOT VOTED: 5,750
Largest asset managers voting on “Election of Directors: Teri L. List” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,588266 140For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,633,3541,300 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Showing the 25 largest of 388 asset managers. See all 388 in the interactive database.

13. Approval of the Microsoft Corporation 2026 Stock Plan

Outcome not verifiedFund totals may overlapCAPITAL STRUCTUREReported outcome: Not verified

Combines 19 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 5,016,063,751AGAINST: 151,618,873
Details: official tally, votes by 423 asset managers

Microsoft Corporation’s own tally for this item (“Approval of the Microsoft Corporation 2026 Stock Plan”): 5,016,063,751 for, 151,618,873 against, per its Form 8-K filed December 8, 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.

Also reported under other wordings, matched to the same row of Microsoft Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Adopt Stock Option Plan” (11 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

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: 359 asset managers voting on “Approval of the Microsoft Corporation 2026 Stock Plan” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,631212 260For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM6,533,7163,917,107 00Mixed
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,165,17932,944 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Fund voting reports, all 359 managers: 2,040,909,531 for, 18,784,161 against, 85,177 abstained, 5,750 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 62 asset managers voting on “Approval of the Microsoft Corporation 2026 Stock Plan” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Union Investment Management GmbH11,468,4720 00For
Cardano Risk Management B.V.2,388,9680 00For
Insight Inv LLC1,305,8610 00For
UNITED CAPITAL FINANCIAL ADVISORS, LLC934,7430 00For
Erste Asset Management GmbH846,7490 00For
Navera Investment Management Ltd.794,5780 00For
Foxhaven Asset Management, LP503,4240 00For
Stonehage Fleming Investment Management Ltd374,8680 00For
Standard Investments LLC347,0000 00For
Dixon Mitchell Investment Counsel Inc.284,7240 00For
Wesleyan Assurance Society263,9480 00For
Insight Holdings Group, LLC217,4300 00For
Vident Advisory, LLC192,7440 00For
Ulysses Management LLC143,7540 00For
Manitou Investment Management Ltd.101,8050 00For
Rings Capital Management LLC00 83,0000Abstain
MARCO INVESTMENT MANAGEMENT LLC77,1080 00For
Retail Employees Superannuation Pty Ltd as trustee for Retai72,6280 00For
Capco Asset Management, LLC71,8490 00For
MIG Capital, LLC70,8150 00For
Crewe Advisors LLC57,4800 00For
ZEVIN ASSET MANAGEMENT LLC00 00--
SHELTON CAPITAL MANAGEMENT52,8430 00For
Decatur Capital Management, Inc.49,7900 00For
Orbis Allan Gray Ltd47,8850 00For

Institutional-manager reports, all 62 managers: 21,076,210 for, 2,549 against, 83,000 abstained, 55,331 unknown. Showing the 25 largest; see all in the interactive database.

14. Advisory Vote to Approve Named Executive Officer Compensation

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

Combines 101 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 4,744,731,533AGAINST: 415,831,135
Details: description as filed, official tally, votes by 2,239 asset managers

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

Microsoft Corporation’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation”): 4,744,731,533 for, 415,831,135 against, per its Form 8-K filed December 8, 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: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Microsoft Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SECTION 14A EXECUTIVE COMPENSATION” (39 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “COMPENSATION” (3 managers, 41,278 for).

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: 363 asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard669,944,195634 370For
Fidelity312,387,2020 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price69,831,630252,125 00For
JPMorgan57,242,5730 00For
State Street49,634,6540 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Equitable8,198,1230 00For
Victory Capital7,894,1060 00For
John Hancock7,820,75919,593 00For

Fund voting reports, all 363 managers: 2,055,602,370 for, 6,482,926 against, 549,212 abstained, 5,750 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,904 asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock300,840,36842,362 00For
Fidelity193,218,7130 00For
GEODE CAPITAL MANAGEMENT, LLC180,387,3880 00For
T. Rowe Price155,158,533416,669 00For
Capital Group146,567,1760 00For
State Street116,655,309368,189 00For
Vanguard72,984,8320 00For
Capital Research Global Investors72,570,6510 00For
Northern Trust68,467,7750 00For
Janus Henderson55,855,0030 00For
Invesco55,641,1940 00For
UBS51,876,445666,332 00For
Charles Schwab51,098,9020 00For
Nuveen48,599,7100 00For
Wellington47,631,9460 00For
MELLON INVESTMENTS Corp38,893,8500 00For
Goldman Sachs35,058,1560 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/34,517,8440 00For
AllianceBernstein34,389,3340 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC33,491,4490 00For
Amundi032,874,055 00Against
Legal & General Investment Management Ltd805,54830,434,711 00Against
National Pension Service28,677,2820 00For
Fisher Asset Management, LLC22,377,1990 00For
APG Asset Management US Inc.20,776,6430 00For

Institutional-manager reports, all 1,904 managers: 3,038,264,449 for, 222,906,734 against, 229,327 withheld, 281,415 abstained, 1,727,743 not voted, 106,299 unknown, 95,420 mixed. Showing the 25 largest; see all in the interactive database.

15. Ratification of Appointment of Independent Auditor for Fisal Year 2026

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 12 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 5,897,883,259AGAINST: 408,304,657
Details: description as filed, official tally, votes by 382 asset managers

Description as filed by funds: Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2026

Microsoft Corporation’s own tally for this item (“Ratification of Appointment of Independent Auditor for Fisal Year 2026”): 5,897,883,259 for, 408,304,657 against, per its Form 8-K filed December 8, 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.

Also reported under other wordings, matched to the same row of Microsoft Corporation’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” (24 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 382 asset managers below reported 1,989,867,780 for, 11,400,078 against, 606,630 abstained, 5,750 not voted.

FOR
FOR: 1,989,867,780AGAINST: 11,400,078ABSTAIN: 606,630NOT VOTED: 5,750
Largest asset managers voting on “Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2026” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard666,253,4853,691,364 180For
Fidelity312,381,1036,099 00For
BlackRock208,320,1830 00For
Capital Group166,470,3470 00For
T. Rowe Price70,083,7550 00For
State Street49,633,3541,300 00For
Charles Schwab48,029,2510 00For
TIAA45,635,7260 00For
Invesco29,131,1760 00For
INVESTMENT CO OF AMERICA25,184,9940 00For
JANUS INVESTMENT FUND19,808,7950 00For
MFS17,600,4460 00For
Columbia Threadneedle16,845,4240 00For
Jackson National14,929,1620 00For
AMCAP FUND13,857,4490 00For
American Century11,440,4120 00For
MASTER INVESTMENT PORTFOLIO11,416,5740 00For
Prudential/PGIM10,450,8230 00For
Putnam9,895,1870 00For
Dimensional9,460,4290 00For
Six Circles Trust8,721,5710 00For
Victory Capital7,894,1060 00For
John Hancock7,840,3520 00For
Equitable7,489,58389,734 00For
Franklin Custodian Funds7,129,0090 00For

Showing the 25 largest of 382 asset managers. See all 382 in the interactive database.

16. Shareholder Proposal: Report on AI Data Usage Oversight

Outcome not verifiedOTHER SOCIAL ISSUESReported outcome: Not verified

Combines 13 wordings of this item as funds reported it.

13% Majority: no · of votes cast

13%AGAINST
FOR: 683,895,858AGAINST: 4,435,809,588
Details: description as filed, official tally, votes by 393 asset managers

Description as filed by funds: Report on AI Data Usage Oversight

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on AI Data Usage Oversight”): 683,895,858 for, 4,435,809,588 against, per its Form 8-K filed December 8, 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: 13% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 393 asset managers below reported 48,474,873 for, 2,007,452,501 against, 9,407,807 abstained, 6,396 not voted, 78,791 unknown.

AGAINST
FOR: 48,474,873AGAINST: 2,007,452,501ABSTAIN: 9,407,807UNKNOWN: 78,791NOT VOTED: 6,396
Largest asset managers voting on “Report on AI Data Usage Oversight” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard643,711669,301,054 1020Against
Fidelity0312,387,202 00Against
BlackRock182,679208,137,504 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
JPMorgan51,18357,191,390 00Against
State Street19,39749,615,257 00Against
Charles Schwab13,44448,015,807 00Against
TIAA045,635,726 00Against
Invesco029,131,176 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND019,808,795 00Against
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National49,20014,879,962 00Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM3,917,1076,533,716 00Mixed
Putnam09,895,187 00Against
Dimensional09,460,429 00Against
Six Circles Trust08,721,571 00Against
Equitable64,8958,133,228 00Against
Victory Capital07,894,106 00Against
John Hancock40,9697,799,383 00Against

Showing the 25 largest of 393 asset managers. See all 393 in the interactive database.

17. Shareholder Proposal: Report on AI and Machine Learning Tools for Oil and Gas Development and Production

Outcome not verifiedENVIRONMENT OR CLIMATEReported outcome: Not verified

Combines 14 wordings of this item as funds reported it.

9% Majority: no · of votes cast

9%AGAINST
FOR: 448,005,682AGAINST: 4,671,182,894
Details: description as filed, official tally, votes by 393 asset managers

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

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on AI and Machine Learning Tools for Oil and Gas Development and Production”): 448,005,682 for, 4,671,182,894 against, per its Form 8-K filed December 8, 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: 9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 393 asset managers below reported 17,883,829 for, 2,041,954,244 against, 5,552,440 abstained, 6,396 not voted, 23,460 unknown.

AGAINST
FOR: 17,883,829AGAINST: 2,041,954,244ABSTAIN: 5,552,440UNKNOWN: 23,460NOT VOTED: 6,396
Largest asset managers voting on “Report on AI and Machine Learning Tools for Oil and Gas Development and Production” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard705669,944,068 960Against
Fidelity0312,387,202 00Against
BlackRock188,176208,132,007 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
JPMorgan057,242,573 00Against
State Street19,39749,615,257 00Against
Charles Schwab048,029,251 00Against
TIAA045,635,726 00Against
Invesco029,131,176 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND019,808,795 00Against
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National014,929,162 00Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM010,450,823 00Against
Putnam09,895,187 00Against
Dimensional09,460,429 00Against
Six Circles Trust08,721,571 00Against
Equitable32,9448,165,179 00Against
Victory Capital07,894,106 00Against
John Hancock40,9697,799,383 00Against

Showing the 25 largest of 393 asset managers. See all 393 in the interactive database.

18. Shareholder Proposal: Report on Risks of Censorship in Generative Artificial Intelligence

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

Combines 12 wordings of this item as funds reported it.

0.7% Majority: no · of votes cast

AGAINST
FOR: 35,508,084AGAINST: 5,104,188,603
Details: description as filed, official tally, votes by 390 asset managers

Description as filed by funds: Report on Risks of Censorship in Generative Artificial Intelligence

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Risks of Censorship in Generative Artificial Intelligence”): 35,508,084 for, 5,104,188,603 against, per its Form 8-K filed December 8, 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: 0.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 390 asset managers below reported 1,458,072 for, 2,054,688,687 against, 5,543,133 abstained, 6,396 not voted, 78,791 unknown.

AGAINST
FOR: 1,458,072AGAINST: 2,054,688,687ABSTAIN: 5,543,133UNKNOWN: 78,791NOT VOTED: 6,396
Largest asset managers voting on “Report on Risks of Censorship in Generative Artificial Intelligence” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard51669,944,745 700Against
Fidelity0312,387,202 00Against
BlackRock0208,320,183 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
JPMorgan057,242,573 00Against
State Street049,634,654 00Against
Charles Schwab048,029,251 00Against
TIAA045,635,726 00Against
Invesco029,131,176 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND019,808,795 00Against
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National014,929,162 00Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM010,450,823 00Against
Putnam09,895,187 00Against
Dimensional09,460,429 00Against
Six Circles Trust08,721,571 00Against
Victory Capital07,894,106 00Against
John Hancock07,840,352 00Against
Equitable07,649,647 00Against

Showing the 25 largest of 390 asset managers. See all 390 in the interactive database.

19. Shareholder Proposal: European Security Program Censorship Risk Audit

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

Combines 10 wordings of this item as funds reported it.

0.8% Majority: no · of votes cast

AGAINST
FOR: 40,404,047AGAINST: 5,102,931,493
Details: description as filed, official tally, votes by 385 asset managers

Description as filed by funds: European Security Program Censorship Risk Audit

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: European Security Program Censorship Risk Audit”): 40,404,047 for, 5,102,931,493 against, per its Form 8-K filed December 8, 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: 0.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 385 asset managers below reported 1,741,588 for, 1,994,584,111 against, 5,542,876 abstained, 6,396 not voted, 78,791 unknown.

AGAINST
FOR: 1,741,588AGAINST: 1,994,584,111ABSTAIN: 5,542,876UNKNOWN: 78,791NOT VOTED: 6,396
Largest asset managers voting on “European Security Program Censorship Risk Audit” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard218,218669,726,583 640Against
Fidelity0312,387,202 00Against
BlackRock0208,320,183 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
State Street049,634,654 00Against
Charles Schwab048,029,251 00Against
TIAA045,635,726 00Against
Invesco029,131,176 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND019,808,795 00Against
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National014,929,162 00Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM010,450,823 00Against
Putnam09,895,187 00Against
Dimensional09,460,429 00Against
Six Circles Trust08,721,571 00Against
Victory Capital07,894,106 00Against
John Hancock07,840,352 00Against
Equitable07,579,317 00Against
Franklin Custodian Funds07,129,009 00Against

Showing the 25 largest of 385 asset managers. See all 385 in the interactive database.

20. Shareholder Proposal: Report on Human Rights Due Diligence

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

Combines 9 wordings of this item as funds reported it.

26% Majority: no · of votes cast

FOR 26%AGAINST
FOR: 1,336,945,255AGAINST: 3,738,252,211
Details: description as filed, official tally, votes by 383 asset managers

Description as filed by funds: Report on Human Rights Due Diligence

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Human Rights Due Diligence”): 1,336,945,255 for, 3,738,252,211 against, per its Form 8-K filed December 8, 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: 26% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Microsoft Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Shareholder Proposal Regarding Report on Siting in Countries of Significant Human Rights Concern” (6 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 383 asset managers below reported 63,449,277 for, 1,918,908,007 against, 19,564,186 abstained, 6,396 not voted, 23,460 unknown.

AGAINST
FOR: 63,449,277AGAINST: 1,918,908,007ABSTAIN: 19,564,186UNKNOWN: 23,460NOT VOTED: 6,396
Largest asset managers voting on “Report on Human Rights Due Diligence” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard824,081669,120,615 1740Against
Fidelity830,776310,872,849 683,5770Against
BlackRock142,617208,177,566 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
State Street29,41249,605,242 00Against
Charles Schwab048,029,251 00Against
TIAA045,635,726 00Against
Invesco787,60428,343,572 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND84,93917,348,700 2,375,1560Mixed
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National90,87914,836,172 2,1110Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM010,450,823 00Against
Putnam09,895,187 00Against
Dimensional85,2249,375,205 00Against
Six Circles Trust08,721,571 00Against
Victory Capital07,894,106 00Against
John Hancock3,274,6024,565,750 00Mixed
Equitable155,7563,782,201 3,641,3600Mixed
Franklin Custodian Funds07,129,009 00Against

Showing the 25 largest of 383 asset managers. See all 383 in the interactive database.

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

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

Combines 10 wordings of this item as funds reported it.

27% Majority: no · of votes cast

FOR 27%AGAINST
FOR: 1,406,735,187AGAINST: 3,712,753,371
Details: description as filed, official tally, votes by 381 asset managers

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

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Data Operations in Human Rights Hotspots”): 1,406,735,187 for, 3,712,753,371 against, per its Form 8-K filed December 8, 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: 27% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 381 asset managers below reported 59,951,950 for, 1,931,168,772 against, 8,304,637 abstained, 6,396 not voted, 23,460 unknown.

AGAINST
FOR: 59,951,950AGAINST: 1,931,168,772ABSTAIN: 8,304,637UNKNOWN: 23,460NOT VOTED: 6,396
Largest asset managers voting on “Report on Data Operations in Human Rights Hotspots” at Microsoft Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard824,144669,120,617 1050Against
Fidelity836,875311,550,327 00Against
BlackRock142,617208,177,566 00Against
Capital Group0166,470,347 00Against
T. Rowe Price070,083,755 00Against
State Street29,41249,605,242 00Against
Charles Schwab048,029,251 00Against
TIAA045,635,726 00Against
Invesco692,15928,439,017 00Against
INVESTMENT CO OF AMERICA025,184,994 00Against
JANUS INVESTMENT FUND84,93917,348,700 2,375,1560Mixed
MFS017,600,446 00Against
Columbia Threadneedle016,845,424 00Against
Jackson National345,50814,583,654 00Against
AMCAP FUND013,857,449 00Against
American Century011,440,412 00Against
MASTER INVESTMENT PORTFOLIO011,416,574 00Against
Prudential/PGIM251,04210,199,781 00Against
Putnam09,895,187 00Against
Dimensional85,2249,375,205 00Against
Six Circles Trust08,721,571 00Against
Victory Capital07,894,106 00Against
John Hancock2,978,8324,861,520 00Mixed
Equitable324,3737,254,944 00Against
Franklin Custodian Funds07,129,009 00Against

Showing the 25 largest of 381 asset managers. See all 381 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of December 10, 2024, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest Microsoft Corporation shareholders voting in 2025-2026

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 7,435,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top Microsoft Corporation shareholders by shares voted on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 9.01%
2Fidelity 4.20%
3BlackRock 2.80%
4Capital Group 2.24%
5T. Rowe Price 0.94%
6JPMorgan 0.77%
7State Street 0.67%
8Charles Schwab 0.65%
9TIAA 0.61%
10Invesco 0.39%
Institutional-manager reports: top Microsoft Corporation shareholders by shares voted on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 4.05%
2Fidelity 2.60%
3GEODE CAPITAL MANAGEMENT, LLC 2.43%
4T. Rowe Price 2.09%
5Capital Group 1.97%
6State Street 1.57%
7Vanguard 0.98%
8Capital Research Global Investors 0.98%
9Northern Trust 0.92%
10Janus Henderson 0.75%

Reported Microsoft Corporation 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 Corporation holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 9.66% 13F
BlackRock 7.98% 13F
State Street 4.13% 13F
FMR (Fidelity) 2.56% 13F
JPMorgan Chase 1.71% 13F
Morgan Stanley 1.63% 13F
T. Rowe Price 1.58% 13F
Northern Trust 1.07% 13F
Goldman Sachs 0.95% 13F
Satya Nadella 0.01% DEF14A

Percentages above are of 7,435,000,000 shares outstanding, as reported by Microsoft Corporation on its Form 10-Q dated December 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 Corporation’s 10-Q dated December 31, 2024. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At Microsoft Corporation's shareholder meeting held December 5, 2025, in the 2025-2026 proxy season, 2,307 asset managers reported how they voted on 21 ballot items in their SEC Form N-PX filings, covering 58,635 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 92% 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 Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on December 8, 2025.

Microsoft Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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