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UNITEDHEALTH GROUP INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and UNITEDHEALTH GROUP INC.’s Form 8-K, filed June 4, 2025 (Item 5.07 on EDGAR). Page generated October 13, 2026.

13Reported items
1,716Asset managers
23,897Fund votes
June 2, 2025Meeting date

Results at a glance

Meeting of June 2, 2025: 12 items on UNITEDHEALTH GROUP INC.’s Form 8-K, filed June 4, 2025: 9 elected · 2 approved · 1 not approved.

Material dissent

2. Non-binding advisory vote on executive compensation 60% of votes cast Approved Say-on-pay under 70%

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

Proxy season: 2023-2024 2024-2025 2025-2026

Explore UNITEDHEALTH GROUP INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by UNITEDHEALTH GROUP INC.

These tallies are UNITEDHEALTH GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 4, 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.

UNITEDHEALTH GROUP INC. — official shareholder meeting results, meeting held June 2, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Charles Baker	746,667,016	4,423,146	1,024,926	--	59,836,956	99.4%	Elected	—
Elect Director: Timothy Flynn	651,303,141	99,158,799	1,653,148	--	59,836,956	87%	Elected	—
Elect Director: Paul Garcia	746,536,909	4,570,092	1,008,087	--	59,836,956	99.3%	Elected	—
Elect Director: Kristen Gil	746,875,578	4,264,517	974,993	--	59,836,956	99.4%	Elected	—
Elect Director: Stephen Hemsley	697,580,145	53,344,000	1,190,943	--	59,836,956	93%	Elected	—
Elect Director: Michele Hooper	688,497,615	62,277,727	1,339,746	--	59,836,956	92%	Elected	—
Elect Director: F. William McNabb III	725,279,560	25,647,731	1,187,797	--	59,836,956	97%	Elected	—
Elect Director: Valerie Montgomery Rice, M.D.	714,336,653	36,834,564	943,871	--	59,836,956	95%	Elected	—
Elect Director: John Noseworthy, M.D.	644,851,636	105,639,631	1,623,821	--	59,836,956	86%	Elected	—
2. Non-binding advisory vote on executive compensation	451,227,441	299,199,322	1,688,325	--	59,836,956	60%	Approved	—
3. Ratification of the appointment of Deloitte & Touche LLP	762,684,177	48,232,475	1,035,392	--	--	94%	Approved	—
4. Shareholder proposal requesting a shareholder vote regarding excessive golden parachutes	94,676,898	655,943,208	1,494,982	--	59,836,956	13%	Not approved	—

Source: UNITEDHEALTH GROUP INC., Form 8-K, filed with the SEC on June 4, 2025 — read the filing on EDGAR.

How asset managers voted at the UNITEDHEALTH GROUP INC. 2024-2025 meeting

Each item below shows how the 1,716 asset managers that disclosed a UNITEDHEALTH GROUP INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of UNITEDHEALTH GROUP INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Charles Baker

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 746,667,016AGAINST: 4,423,146

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Charles Baker

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Charles Baker”): 746,667,016 for, 4,423,146 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 331,000,337 for, 10,423 against, 52,136 abstained, 18 unknown.

FOR

FOR: 331,000,337AGAINST: 10,423ABSTAIN: 52,136UNKNOWN: 18

Largest asset managers voting on “Election of Directors: Charles Baker” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,698	5	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

2. Elect Director: Timothy Flynn

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%

FOR: 651,303,141AGAINST: 99,158,799

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Timothy Flynn

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Timothy Flynn”): 651,303,141 for, 99,158,799 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 87% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 299,176,581 for, 31,833,953 against, 52,177 abstained, 203 unknown.

FOR

FOR: 299,176,581AGAINST: 31,833,953ABSTAIN: 52,177UNKNOWN: 203

Largest asset managers voting on “Election of Directors: Timothy Flynn” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,183,416	38,285	3	For
Capital Group	35,740,823	10,886,299	0	Mixed
Fidelity	37,271,164	0	0	For
BlackRock	25,915,460	27,224	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,038	670	0	For
INVESTMENT CO OF AMERICA	1,248,583	7,075,302	0	Mixed
Charles Schwab	0	6,493,096	0	Against
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	1,698,120	1,017,920	0	Mixed
AMCAP FUND	1,668,091	979,673	0	Mixed
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,946,665	2,614	0	For
Bridge Builder Trust	1,494,922	253,114	0	Mixed
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

3. Elect Director: Paul Garcia

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 746,536,909AGAINST: 4,570,092

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Paul Garcia

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Paul Garcia”): 746,536,909 for, 4,570,092 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 330,979,750 for, 31,012 against, 52,134 abstained, 18 unknown.

FOR

FOR: 330,979,750AGAINST: 31,012ABSTAIN: 52,134UNKNOWN: 18

Largest asset managers voting on “Election of Directors: Paul Garcia” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,697	6	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

4. Elect Director: Kristen Gil

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 746,875,578AGAINST: 4,264,517

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Kristen Gil

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Kristen Gil”): 746,875,578 for, 4,264,517 against, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 304 asset managers below reported 331,000,350 for, 10,414 against, 52,132 abstained, 18 unknown.

FOR

FOR: 331,000,350AGAINST: 10,414ABSTAIN: 52,132UNKNOWN: 18

Largest asset managers voting on “Election of Directors: Kristen Gil” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,698	5	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

5. Elect Director: Stephen Hemsley

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 9 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 697,580,145AGAINST: 53,344,000

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Stephen Hemsley

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Stephen Hemsley”): 697,580,145 for, 53,344,000 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 331,002,176 for, 8,574 against, 52,146 abstained, 18 unknown.

FOR

FOR: 331,002,176AGAINST: 8,574ABSTAIN: 52,146UNKNOWN: 18

Largest asset managers voting on “Election of Directors: Stephen Hemsley” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,609	94	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,650	58	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

6. Elect Director: Michele Hooper

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%

FOR: 688,497,615AGAINST: 62,277,727

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Michele Hooper

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Michele Hooper”): 688,497,615 for, 62,277,727 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 314,999,035 for, 16,011,705 against, 52,157 abstained, 18 unknown.

FOR

FOR: 314,999,035AGAINST: 16,011,705ABSTAIN: 52,157UNKNOWN: 18

Largest asset managers voting on “Election of Directors: Michele Hooper” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,624	78	3	For
Capital Group	46,627,122	0	0	For
Fidelity	36,825,407	445,757	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,572	136	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	0	6,396,624	0	Against
JPMorgan	0	4,874,006	0	Against
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	1,584,906	1,131,134	0	Mixed
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,540,423	207,613	0	Mixed
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

7. Elect Director: F. William McNabb III

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 11 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 725,279,560AGAINST: 25,647,731

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: F. William McNabb III

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: F. William McNabb III”): 725,279,560 for, 25,647,731 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 330,272,802 for, 737,948 against, 52,146 abstained, 18 unknown.

FOR

FOR: 330,272,802AGAINST: 737,948ABSTAIN: 52,146UNKNOWN: 18

Largest asset managers voting on “Election of Directors: F. William McNabb III” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,183,519	38,184	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,936,584	6,100	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,946,665	2,614	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

8. Elect Director: Valerie Montgomery Rice, M.D.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 714,336,653AGAINST: 36,834,564

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: Valerie Montgomery Rice, M.D.

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: Valerie Montgomery Rice, M.D.”): 714,336,653 for, 36,834,564 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 308,850,595 for, 22,159,986 against, 52,130 abstained, 203 unknown.

FOR

FOR: 308,850,595AGAINST: 22,159,986ABSTAIN: 52,130UNKNOWN: 203

Largest asset managers voting on “Election of Directors: Valerie Montgomery Rice, M.D.” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	105,221,679	24	2	For
Capital Group	35,740,823	10,886,299	0	Mixed
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	1,248,583	7,075,302	0	Mixed
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,937	0	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	1,698,120	1,017,920	0	Mixed
AMCAP FUND	1,668,091	979,673	0	Mixed
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

9. Elect Director: John Noseworthy, M.D.

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 10 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%AGAINST

FOR: 644,851,636AGAINST: 105,639,631

Details: description as filed, official tally, votes by 304 asset managers

Description as filed by funds: Election of Directors: John Noseworthy, M.D.

UNITEDHEALTH GROUP INC.’s own tally for this item (“Elect Director: John Noseworthy, M.D.”): 644,851,636 for, 105,639,631 against, per its Form 8-K filed June 4, 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: Elected, in the filing’s own words: “The nine directors were elected at the Annual Meeting for a one-year term based upon the following votes:”
Support: 86% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 304 asset managers below reported 298,276,423 for, 32,734,113 against, 52,175 abstained, 203 unknown.

FOR

FOR: 298,276,423AGAINST: 32,734,113ABSTAIN: 52,175UNKNOWN: 203

Largest asset managers voting on “Election of Directors: John Noseworthy, M.D.” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	88,101,250	17,120,452	3	Mixed
Capital Group	46,627,122	0	0	For
Fidelity	36,737,838	533,326	0	For
BlackRock	25,931,279	11,405	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,708	0	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	0	4,874,006	0	Against
Hartford	0	3,200,937	0	Against
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	1,212,116	1,503,924	0	Mixed
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,902,776	46,503	0	For
Bridge Builder Trust	1,137,307	610,729	0	Mixed
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 304 asset managers. See all 304 in the interactive database.

10. Election of Director: Andrew Witty

No official matchDIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

98% of fund votes cast · no official result

FORABSTAIN

Details: votes by 154 asset managers

The 154 asset managers below reported 26,439,543 for, 479,218 against, 24 withheld, 50,429,374 abstained, 18 unknown. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 26,439,543AGAINST: 479,218ABSTAIN: 50,429,374WITHHOLD: 24UNKNOWN: 18

Largest asset managers voting on “Election of Director: Andrew Witty” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
BlackRock	31,469	0	25,911,215	Abstain
Vanguard	17,192,882	13	120,291	For
Charles Schwab	0	0	6,493,096	Abstain
JPMorgan	0	0	4,874,006	Abstain
Hartford	3,200,167	770	0	For
Jackson National	420,459	0	2,295,581	Mixed
Six Circles Trust	0	0	2,161,105	Abstain
John Hancock	43,889	0	1,905,390	Abstain
Bridge Builder Trust	357,615	0	1,390,421	Mixed
MASTER INVESTMENT PORTFOLIO	0	0	1,474,414	Abstain
Prudential/PGIM	441,421	421,982	0	Mixed
CITY NATIONAL ROCHDALE FUNDS	831,459	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	688,787	0	0	For
Calamos	446,238	410	0	For
Neuberger Berman	0	0	445,979	Abstain
Jensen Quality Growth Fund Inc	441,000	0	0	For
SEI	0	0	430,549	Abstain
Russell Investments	0	0	383,044	Abstain
Amplify ETF Trust	333,511	0	0	For
SEQUOIA FUND INC	317,276	0	0	For
TOUCHSTONE STRATEGIC TRUST	0	0	315,123	Abstain
Brighthouse	226,694	4,638	52,058	Mixed
Cardano Risk Management B.V.	0	0	265,810	Abstain
ETF Series Solutions	202,194	7,609	0	For
STERLING CAPITAL FUNDS	0	0	172,048	Abstain

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

11. 2. Non-binding advisory vote on executive compensation

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 42 wordings of this item as funds reported it.

60% Approved · of votes cast

FOR 60%AGAINST

FOR: 451,227,441AGAINST: 299,199,322

Details: description as filed, official tally, votes by 1,694 asset managers

Description as filed by funds: Advisory approval of the Company's executive compensation.

UNITEDHEALTH GROUP INC.’s own tally for this item (“2. Non-binding advisory vote on executive compensation”): 451,227,441 for, 299,199,322 against — passed, per its Form 8-K filed June 4, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's executive compensation was approved by a non-binding advisory vote based upon the following votes:”
Support: 60% 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: 284 asset managers voting on “Advisory approval of the Company's executive compensation.” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	92,101,652	13,120,050	3	Mixed
Capital Group	13,346,236	33,009,812	271,075	Mixed
Fidelity	36,629,411	641,753	0	For
BlackRock	25,901,013	41,671	0	For
T. Rowe Price	12,062,767	5,600	0	For
State Street	9,555,463	14,245	0	For
INVESTMENT CO OF AMERICA	1,248,583	7,075,302	0	Mixed
Charles Schwab	6,493,096	0	0	For
TIAA	4,912,130	1,484,494	0	Mixed
JPMorgan	4,874,006	0	0	For
Hartford	734,623	2,466,314	0	Mixed
JANUS INVESTMENT FUND	333,465	2,729,203	0	Mixed
Invesco	242,043	2,818,429	0	Mixed
Dodge & Cox	3,046,632	0	0	For
Jackson National	1,141,866	1,574,174	0	Mixed
AMCAP FUND	1,668,091	979,673	0	Mixed
Dimensional	0	2,614,812	0	Against
Putnam	2,598,515	0	0	For
Columbia Threadneedle	0	2,284,457	0	Against
Six Circles Trust	2,161,105	0	0	For
John Hancock	680,999	1,268,280	0	Mixed
Bridge Builder Trust	1,182,808	565,228	0	Mixed
Legg Mason	0	1,716,742	0	Against
FRANKLIN MANAGED TRUST	0	1,537,000	0	Against
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Fund voting reports, all 284 managers: 237,338,542 for, 93,120,312 against, 327,944 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,444 asset managers voting on “Advisory approval of the Company's executive compensation.” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Capital Group	16,886,427	22,848,589	Mixed
BlackRock	32,641,278	781,247	For
State Street	24,167,498	714,835	For
T. Rowe Price	24,666,434	123,075	For
Wellington	5,236,796	19,368,628	Mixed
Fidelity	20,227,154	1,183,439	Mixed
Capital Research Global Investors	0	20,929,460	Against
GEODE CAPITAL MANAGEMENT, LLC	20,599,499	0	For
JPMorgan	17,803,648	0	For
UBS	7,817,121	88,075	For
Northern Trust	7,429,901	283,475	For
Nuveen	6,020,567	1,487,522	Mixed
Charles Schwab	7,114,111	0	For
AllianceBernstein	0	7,107,557	Against
Vanguard	5,617,017	73,725	For
Amundi	0	4,745,529	Against
Fisher Asset Management, LLC	0	4,733,216	Against
Janus Henderson	333,505	4,369,887	Mixed
Invesco	252,990	4,340,549	Mixed
MELLON INVESTMENTS Corp	0	4,330,801	Against
Clearbridge Investments, LLC	0	4,111,723	Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	3,970,674	Against
Dodge & Cox	3,836,237	0	For
National Pension Service	3,803,667	0	For
Legal & General Investment Management Ltd	9,209	3,707,767	Against

Institutional-manager reports, all 1,444 managers: 288,475,103 for, 219,954,424 against, 3,908 withheld, 69,299 abstained, 195,257 not voted, 40,454 mixed, 504 unknown. Showing the 25 largest; see all in the interactive database.

12. 3. Ratification of the appointment of Deloitte & Touche LLP

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 13 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

FOR: 762,684,177AGAINST: 48,232,475

Details: description as filed, official tally, votes by 303 asset managers

Description as filed by funds: Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2025.

UNITEDHEALTH GROUP INC.’s own tally for this item (“3. Ratification of the appointment of Deloitte & Touche LLP”): 762,684,177 for, 48,232,475 against — passed, per its Form 8-K filed June 4, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2025 was ratified based upon the following votes:”
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 UNITEDHEALTH GROUP INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (10 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 303 asset managers below reported 328,974,846 for, 1,744,307 against, 52,125 abstained, 203 unknown.

FOR

FOR: 328,974,846AGAINST: 1,744,307ABSTAIN: 52,125UNKNOWN: 203

Largest asset managers voting on “Ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm ” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	104,359,631	862,072	2	For
Capital Group	46,627,122	0	0	For
Fidelity	37,271,164	0	0	For
BlackRock	25,942,684	0	0	For
T. Rowe Price	12,068,367	0	0	For
State Street	9,569,572	136	0	For
INVESTMENT CO OF AMERICA	8,323,885	0	0	For
Charles Schwab	6,493,096	0	0	For
TIAA	6,396,624	0	0	For
JPMorgan	4,874,006	0	0	For
Hartford	3,200,167	770	0	For
JANUS INVESTMENT FUND	3,062,668	0	0	For
Invesco	3,060,472	0	0	For
Dodge & Cox	3,046,632	0	0	For
Jackson National	2,716,040	0	0	For
AMCAP FUND	2,647,764	0	0	For
Dimensional	2,614,812	0	0	For
Putnam	2,598,515	0	0	For
Columbia Threadneedle	2,284,457	0	0	For
Six Circles Trust	2,161,105	0	0	For
John Hancock	1,949,279	0	0	For
Bridge Builder Trust	1,748,036	0	0	For
Legg Mason	1,716,742	0	0	For
FRANKLIN MANAGED TRUST	1,537,000	0	0	For
MASTER INVESTMENT PORTFOLIO	1,474,414	0	0	For

Showing the 25 largest of 303 asset managers. See all 303 in the interactive database.

13. 4. Shareholder proposal requesting a shareholder vote regarding excessive golden parachutes

Official resultCOMPENSATIONReported outcome: Not approved

Combines 21 wordings of this item as funds reported it.

13% Not approved · of votes cast

13%AGAINST

FOR: 94,676,898AGAINST: 655,943,208

Details: description as filed, official tally, votes by 328 asset managers

Description as filed by funds: If properly presented at the 2025 Annual Meeting of Shareholders, the shareholder proposal requesting a shareholder vote regarding excessive golden parachutes.

UNITEDHEALTH GROUP INC.’s own tally for this item (“4. Shareholder proposal requesting a shareholder vote regarding excessive golden parachutes”): 94,676,898 for, 655,943,208 against — failed, per its Form 8-K filed June 4, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “The shareholder proposal was not approved based upon the following votes:”
Support: 13% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 328 asset managers below reported 7,187,990 for, 323,282,225 against, 54,713 abstained.

AGAINST

FOR: 7,187,990AGAINST: 323,282,225ABSTAIN: 54,713

Largest asset managers voting on “If properly presented at the 2025 Annual Meeting of Shareholders, the shareholder proposal requesting a shareh” at UNITEDHEALTH GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	95,021	105,126,681	3	Against
Capital Group	0	46,627,122	0	Against
Fidelity	0	37,271,164	0	Against
BlackRock	42,874	25,899,810	0	Against
T. Rowe Price	0	12,068,367	0	Against
State Street	12,599	9,557,109	0	Against
INVESTMENT CO OF AMERICA	0	8,323,885	0	Against
Charles Schwab	0	6,493,096	0	Against
TIAA	0	6,396,624	0	Against
JPMorgan	0	4,874,006	0	Against
Hartford	770	3,200,167	0	Against
JANUS INVESTMENT FUND	0	3,062,668	0	Against
Invesco	0	3,060,472	0	Against
Dodge & Cox	0	3,046,632	0	Against
Jackson National	47,669	2,668,371	0	Against
AMCAP FUND	0	2,647,764	0	Against
Dimensional	0	2,614,812	0	Against
Putnam	0	2,598,515	0	Against
Columbia Threadneedle	0	2,284,457	0	Against
Six Circles Trust	0	2,161,105	0	Against
John Hancock	0	1,949,279	0	Against
Bridge Builder Trust	253,114	1,494,922	0	Mixed
Legg Mason	0	1,716,742	0	Against
FRANKLIN MANAGED TRUST	0	1,537,000	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,474,414	0	Against

Showing the 25 largest of 328 asset managers. See all 328 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of June 3, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest UNITEDHEALTH GROUP INC. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 910,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top UNITEDHEALTH GROUP INC. shareholders by shares voted on “Election of Directors: Charles Baker”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	11.56%
2	Capital Group	5.12%
3	Fidelity	4.10%
4	BlackRock	2.85%
5	T. Rowe Price	1.33%
6	State Street	1.05%
7	INVESTMENT CO OF AMERICA	0.91%
8	Charles Schwab	0.71%
9	TIAA	0.70%
10	JPMorgan	0.54%

Institutional-manager reports: top UNITEDHEALTH GROUP INC. shareholders by shares voted on “Advisory approval of the Company's executive compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	Capital Group	4.37%
2	BlackRock	3.67%
3	State Street	2.73%
4	T. Rowe Price	2.72%
5	Wellington	2.70%
6	Fidelity	2.35%
7	Capital Research Global Investors	2.30%
8	GEODE CAPITAL MANAGEMENT, LLC	2.26%
9	JPMorgan	1.96%
10	UBS	0.87%

Reported UNITEDHEALTH GROUP INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

UNITEDHEALTH GROUP INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
The Vanguard Group	9.21%	DEF14A
BlackRock	8.20%	13F
State Street	4.98%	13F
JPMorgan Chase	2.89%	13F
Wellington Management	2.84%	13F
FMR (Fidelity)	2.66%	13F
T. Rowe Price	2.35%	13F
Morgan Stanley	2.35%	13F
Stephen Hemsley	0.14%	DEF14A
John Rex	0.02%	DEF14A

Percentages above are of 910,000,000 shares outstanding, as reported by UNITEDHEALTH GROUP INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from UNITEDHEALTH GROUP INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At UNITEDHEALTH GROUP INC.'s shareholder meeting held June 2, 2025, in the 2024-2025 proxy season, 1,716 asset managers reported how they voted in their SEC Form N-PX filings, covering 23,897 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory approval of the Company's executive compensation. — UNITEDHEALTH GROUP INC.'s filing reports the proposal as approved, with 60% support 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). Source: UNITEDHEALTH GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 4, 2025.

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

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