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ADOBE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ADOBE INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

29Reported items
1,641Asset managers
21,546Fund votes
2025-04-22Meeting date

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

Explore ADOBE INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ADOBE INC.

These tallies are ADOBE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (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.

ADOBE INC. — official shareholder meeting results, meeting held 2025-04-22
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Cristiano Amon	318,745,129	3,895,985	4,557,001	--	42,812,705	Majority: yes
Elect Director: Amy Banse	289,072,529	33,572,730	4,552,856	--	42,812,705	Majority: yes
Elect Director: Melanie Boulden	318,954,566	3,710,825	4,532,724	--	42,812,705	Majority: yes
Elect Director: Frank Calderoni	292,461,917	30,204,777	4,531,421	--	42,812,705	Majority: yes
Elect Director: Laura Desmond	311,242,715	11,434,041	4,521,359	--	42,812,705	Majority: yes
Elect Director: Shantanu Narayen	290,878,562	31,416,242	4,903,311	--	42,812,705	Majority: yes
Elect Director: Spencer Neumann	321,317,197	1,347,991	4,532,927	--	42,812,705	Majority: yes
Elect Director: Kathleen Oberg	315,422,395	6,845,011	4,930,709	--	42,812,705	Majority: yes
Elect Director: Dheeraj Pandey	321,314,128	1,363,483	4,520,504	--	42,812,705	Majority: yes
Elect Director: David Ricks	318,608,687	4,051,998	4,537,430	--	42,812,705	Majority: yes
Elect Director: Daniel Rosensweig	304,024,889	18,425,896	4,747,330	--	42,812,705	Majority: yes
Proposal 2: Approve the 2019 Plan to increase the available share reserve by 7 million shares.	303,412,998	19,079,403	4,705,714	--	42,812,705	Majority: yes
Proposal 3: Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025.	331,634,957	33,109,712	5,266,151	--	--	Majority: yes
Proposal 4: Approve, on an advisory basis, the compensation of our named executive officers.	259,027,865	63,389,204	4,781,046	--	42,812,705	Majority: yes
Proposal 5: Vote upon a stockholder proposal regarding a vote on golden parachutes.	153,733,558	168,426,385	5,038,172	--	42,812,705	Majority: no

Source: ADOBE INC., Form 8-K — read the filing on EDGAR.

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

Each item below shows how the 1,641 asset managers that disclosed a ADOBE 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 ADOBE 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. To approve, on an advisory basis, the compensation of our named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 32 wordings of this item as funds reported it.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 259,027,865AGAINST: 63,389,204

ADOBE INC.’s own tally for this item (“Proposal 4: Approve, on an advisory basis, the compensation of our named executive officers.”): 259,027,865 for, 63,389,204 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 60% for, 15% against (74% of the company cast a for/against vote).

The 1,558 asset managers below cast 83% of the shares they voted on this item FOR (253,913,441 for, 52,097,984 against).

FOR 82%AGAINST 17%

FOR: 253,913,441 (82.0%)AGAINST: 52,097,984 (16.8%)ABSTAIN: 3,766,882 (1.2%)NOT VOTED: 36,259 (0.0%)NO VOTE: 24,464 (0.0%)UNKNOWN: 302 (0.0%)0: 31 (0.0%)

Largest asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	48,565,588	0	0	For
BlackRock	31,734,621	194,303	0	For
Fidelity	19,313,413	1,934,902	0	For
State Street	18,148,359	214,290	0	For
GEODE CAPITAL MANAGEMENT, LLC	10,843,584	0	0	For
Capital Group	3,347	7,300,545	0	Against
Charles Schwab	5,783,922	0	0	For
PRIMECAP MANAGEMENT CO/CA/	5,322,602	0	0	For
Invesco	5,162,897	0	0	For
Northern Trust	4,512,552	168,657	0	For
Fisher Asset Management, LLC	4,200,129	39,875	0	For
T. Rowe Price	2,456	3,952,322	0	Against
Amundi	0	3,391,574	0	Against
UBS	0	3,118,959	0	Against
John Hancock	2,484,785	33,063	0	For
POLEN CAPITAL MANAGEMENT LLC	2,425,284	0	0	For
Aristotle Capital Management, LLC	2,293,641	2,606	0	For
MELLON INVESTMENTS Corp	2,279,327	0	0	For
Walter Scott & Partners Ltd	2,242,553	0	0	For
JPMorgan	2,237,615	0	0	For
National Pension Service	2,230,309	0	0	For
Capital Research Global Investors	0	2,132,730	0	Against
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2,000,768	99,676	0	For
Legal & General Investment Management Ltd	4,287	2,093,919	0	Against
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain

Showing the 25 largest of 1,558 asset managers. See all 1,558 in the interactive database.

2. Stockholder Proposal Regarding Vote on Golden Parachutes.

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2025-04-22.

Combines 12 wordings of this item as funds reported it.

47.7% Majority: no · of votes cast

FOR 47.7%AGAINST 52.3%

FOR: 153,733,558AGAINST: 168,426,385

ADOBE INC.’s own tally for this item (“Proposal 5: Vote upon a stockholder proposal regarding a vote on golden parachutes.”): 153,733,558 for, 168,426,385 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 35% for, 39% against (74% of the company cast a for/against vote).

The 328 asset managers below cast 14% of the shares they voted on this item FOR (16,555,381 for, 98,386,993 against).

FOR 14%AGAINST 84%

FOR: 16,555,381 (14.1%)AGAINST: 98,386,993 (84.1%)ABSTAIN: 2,111,194 (1.8%)NOT VOTED: 1,170 (0.0%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Stockholder Proposal Regarding Vote on Golden Parachutes.” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	431,474	45,386,423	0	Against
BlackRock	24,291	15,038,451	0	Against
Fidelity	225,816	14,274,843	0	Against
State Street	611	5,135,115	0	Against
Capital Group	0	3,799,822	0	Against
Charles Schwab	0	2,865,125	0	Against
ADVISORS' INNER CIRCLE FUND	59,158	1,925	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	0	1,513,491	0	Against
TIAA	0	1,467,196	0	Against
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	0	969,764	0	Against
Victory Capital	941,737	0	0	For
Jackson National	79,645	814,479	0	Against
T. Rowe Price	22,975	848,964	0	Against
John Hancock	798,136	29,470	0	For
JPMorgan	0	796,227	0	Against
MASTER INVESTMENT PORTFOLIO	0	695,547	0	Against
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	313,086	241,670	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	401,706	34,751	0	For

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

3. Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 7 million shares.

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 9 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 303,412,998AGAINST: 19,079,403

ADOBE INC.’s own tally for this item (“Proposal 2: Approve the 2019 Plan to increase the available share reserve by 7 million shares.”): 303,412,998 for, 19,079,403 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 70% for, 4% against (74% of the company cast a for/against vote).

The 283 asset managers below cast 99.3% of the shares they voted on this item FOR (114,118,804 for, 733,673 against).

FOR 98%

FOR: 114,118,804 (97.6%)AGAINST: 733,673 (0.6%)ABSTAIN: 2,095,294 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 7 million share” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,726	0	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 283 asset managers. See all 283 in the interactive database.

4. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 8 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 331,634,957AGAINST: 33,109,712

ADOBE INC.’s own tally for this item (“Proposal 3: Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 28, 2025.”): 331,634,957 for, 33,109,712 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 76% for, 8% against (84% of the company cast a for/against vote).

The 278 asset managers below cast 99.3% of the shares they voted on this item FOR (114,321,656 for, 736,882 against).

FOR 98%

FOR: 114,321,656 (97.6%)AGAINST: 736,882 (0.6%)ABSTAIN: 2,082,103 (1.8%)UNKNOWN: 72 (0.0%)

Largest asset managers voting on “Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year en” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	453,378	7,591	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 278 asset managers. See all 278 in the interactive database.

5. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Cristiano Amon

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,745,129AGAINST: 3,895,985

ADOBE INC.’s own tally for this item (“Elect Director: Cristiano Amon”): 318,745,129 for, 3,895,985 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 73% for, 0.9% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.6% of the shares they voted on this item FOR (114,598,472 for, 447,609 against).

FOR 98%

FOR: 114,598,472 (97.8%)AGAINST: 447,609 (0.4%)ABSTAIN: 2,090,524 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Cristiano Amon” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
JPMorgan	796,227	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

6. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Amy Banse

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 289,072,529AGAINST: 33,572,730

ADOBE INC.’s own tally for this item (“Elect Director: Amy Banse”): 289,072,529 for, 33,572,730 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 66% for, 8% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.5% of the shares they voted on this item FOR (114,545,186 for, 500,896 against).

FOR 98%

FOR: 114,545,186 (97.8%)AGAINST: 500,896 (0.4%)ABSTAIN: 2,090,523 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Amy Banse” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	539,126	15,630	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

7. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Melanie Boulden

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 11 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,954,566AGAINST: 3,710,825

ADOBE INC.’s own tally for this item (“Elect Director: Melanie Boulden”): 318,954,566 for, 3,710,825 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 73% for, 0.9% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.6% of the shares they voted on this item FOR (114,621,412 for, 424,670 against).

FOR 98%

FOR: 114,621,412 (97.9%)AGAINST: 424,670 (0.4%)ABSTAIN: 2,090,523 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Melanie Boulde” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
JPMorgan	796,227	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

8. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Frank Calderoni

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 292,461,917AGAINST: 30,204,777

ADOBE INC.’s own tally for this item (“Elect Director: Frank Calderoni”): 292,461,917 for, 30,204,777 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 67% for, 7% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99% of the shares they voted on this item FOR (113,824,765 for, 1,229,752 against).

FOR 97%

FOR: 113,824,765 (97.2%)AGAINST: 1,229,752 (1.0%)ABSTAIN: 2,082,088 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Frank Calderon” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,367,843	132,816	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	893,479	645	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	325,853	228,903	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

9. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Laura Desmond

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 11 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 311,242,715AGAINST: 11,434,041

ADOBE INC.’s own tally for this item (“Elect Director: Laura Desmond”): 311,242,715 for, 11,434,041 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 72% for, 3% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.8% of the shares they voted on this item FOR (114,913,687 for, 140,902 against).

FOR 98%

FOR: 114,913,687 (98.1%)AGAINST: 140,902 (0.1%)ABSTAIN: 2,082,088 (1.8%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Laura Desmond” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

10. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Shantanu Narayen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 12 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 290,878,562AGAINST: 31,416,242

ADOBE INC.’s own tally for this item (“Elect Director: Shantanu Narayen”): 290,878,562 for, 31,416,242 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 67% for, 7% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.6% of the shares they voted on this item FOR (114,689,792 for, 364,780 against).

FOR 98%

FOR: 114,689,792 (97.9%)AGAINST: 364,780 (0.3%)ABSTAIN: 2,082,105 (1.8%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Shantanu Naray” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,062,742	0	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,710	16	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	827,606	0	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

11. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Spencer Neumann

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 321,317,197AGAINST: 1,347,991

ADOBE INC.’s own tally for this item (“Elect Director: Spencer Neumann”): 321,317,197 for, 1,347,991 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 74% for, 0.4% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.9% of the shares they voted on this item FOR (115,048,549 for, 6,040 against).

FOR 98%

FOR: 115,048,549 (98.2%)AGAINST: 6,040 (0.0%)ABSTAIN: 2,082,088 (1.8%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Spencer Neuman” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
JPMorgan	796,227	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

12. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Kathleen Oberg

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 315,422,395AGAINST: 6,845,011

ADOBE INC.’s own tally for this item (“Elect Director: Kathleen Oberg”): 315,422,395 for, 6,845,011 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 73% for, 2% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.8% of the shares they voted on this item FOR (114,828,260 for, 226,311 against).

FOR 98%

FOR: 114,828,260 (98.0%)AGAINST: 226,311 (0.2%)ABSTAIN: 2,082,106 (1.8%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Kathleen Oberg” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,726	0	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	445,130	15,839	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

13. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Dheeraj Pandey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 321,314,128AGAINST: 1,363,483

ADOBE INC.’s own tally for this item (“Elect Director: Dheeraj Pandey”): 321,314,128 for, 1,363,483 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 74% for, 0.4% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.9% of the shares they voted on this item FOR (115,053,728 for, 861 against).

FOR 98%

FOR: 115,053,728 (98.2%)AGAINST: 861 (0.0%)ABSTAIN: 2,082,088 (1.8%)UNKNOWN: 230 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Dheeraj Pandey” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
JPMorgan	796,227	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

14. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: David Ricks

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 318,608,687AGAINST: 4,051,998

ADOBE INC.’s own tally for this item (“Elect Director: David Ricks”): 318,608,687 for, 4,051,998 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 73% for, 1.0% against (74% of the company cast a for/against vote).

The 274 asset managers below cast 99.6% of the shares they voted on this item FOR (114,613,350 for, 441,167 against).

FOR 98%

FOR: 114,613,350 (97.8%)AGAINST: 441,167 (0.4%)ABSTAIN: 2,082,088 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: David Ricks” at ADOBE INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	45,817,897	0	For
BlackRock	15,062,742	0	For
Fidelity	14,500,659	0	For
State Street	5,135,726	0	For
Capital Group	3,799,822	0	For
Charles Schwab	2,865,125	0	For
ADVISORS' INNER CIRCLE FUND	61,083	2,026,291	Abstain
Invesco	1,721,401	0	For
Columbia Threadneedle	1,513,491	0	For
TIAA	1,467,196	0	For
Dimensional	1,416,719	0	For
INVESTMENT CO OF AMERICA	969,764	0	For
Victory Capital	941,737	0	For
Jackson National	894,124	0	For
T. Rowe Price	871,939	0	For
John Hancock	827,606	0	For
JPMorgan	796,227	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	For
VanEck ETF Trust	663,851	0	For
ProShares	628,551	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	For
Equitable	554,756	0	For
FundVantage Trust	548,317	0	For
Global X	460,969	0	For
Prudential/PGIM	406,795	0	For

Showing the 25 largest of 274 asset managers. See all 274 in the interactive database.

15. Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Daniel Rosensweig

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 11 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 304,024,889AGAINST: 18,425,896

ADOBE INC.’s own tally for this item (“Elect Director: Daniel Rosensweig”): 304,024,889 for, 18,425,896 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 70% for, 4% against (74% of the company cast a for/against vote).

The 273 asset managers below cast 99.6% of the shares they voted on this item FOR (114,615,806 for, 438,702 against).

FOR 98%

FOR: 114,615,806 (97.8%)AGAINST: 438,702 (0.4%)ABSTAIN: 2,082,097 (1.8%)UNKNOWN: 302 (0.0%)

Largest asset managers voting on “Election of Director proposed in the accompanying Proxy Statement to serve for a one-year term: Daniel Rosensw” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	45,817,897	0	0	For
BlackRock	15,060,301	2,441	0	For
Fidelity	14,500,659	0	0	For
State Street	5,135,671	55	0	For
Capital Group	3,799,822	0	0	For
Charles Schwab	2,865,125	0	0	For
ADVISORS' INNER CIRCLE FUND	61,083	0	2,026,291	Abstain
Invesco	1,721,401	0	0	For
Columbia Threadneedle	1,513,491	0	0	For
TIAA	1,467,196	0	0	For
Dimensional	1,416,719	0	0	For
INVESTMENT CO OF AMERICA	969,764	0	0	For
Victory Capital	941,737	0	0	For
Jackson National	894,124	0	0	For
T. Rowe Price	871,939	0	0	For
John Hancock	824,013	3,593	0	For
JPMorgan	796,227	0	0	For
MASTER INVESTMENT PORTFOLIO	695,547	0	0	For
VanEck ETF Trust	663,851	0	0	For
ProShares	628,551	0	0	For
CITY NATIONAL ROCHDALE FUNDS	563,544	0	0	For
Equitable	554,756	0	0	For
FundVantage Trust	548,317	0	0	For
Global X	460,969	0	0	For
Prudential/PGIM	406,795	0	0	For

Showing the 25 largest of 273 asset managers. See all 273 in the interactive database.

16. Section 14a Executive Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-22.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 259,027,865AGAINST: 63,389,204

The 25 asset managers below cast 65% of the shares they voted on this item FOR (85,788 for, 46,217 against).

FOR 59%AGAINST 32%9%

FOR: 85,788 (58.9%)AGAINST: 46,217 (31.7%)NOT VOTED: 13,725 (9.4%)

Largest asset managers voting on “Section 14a Executive Compensation” at ADOBE INC., 2024-2025
Asset manager	For	Against	Vote
London & Capital Asset Management Ltd	30,063	0	For
Vancity Investment Management Ltd	0	23,452	Against
BOURNE LENT ASSET MANAGEMENT INC	21,559	0	For
Robinson Value Management, Ltd.	0	19,909	Against
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
EAGLE GLOBAL ADVISORS LLC	10,493	0	For
Focus Partners Wealth	2,431	2,398	For
IMA Advisory Services, Inc.	4,640	0	For
Blue Fin Capital, Inc.	4,484	0	For
OLD SECOND NATIONAL BANK OF AURORA	4,070	0	For
MATTERN CAPITAL MANAGEMENT, LLC	2,208	0	For
VALUED ADVISERS TRUST	2,000	0	For
River Street Advisors LLC	1,370	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	1,170	0	For
Claret Asset Management Corp	536	0	For
Baker Avenue Asset Management, LP	399	0	For
COURIER CAPITAL LLC	0	355	Against
Ballew Advisors, Inc	105	0	For
Campion Asset Management	0	103	Against
Inlet Private Wealth, LLC	103	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	89	0	For
Moisand Fitzgerald Tamayo, LLC	32	0	For
WESPAC Advisors SoCal, LLC	26	0	For
PEDDOCK CAPITAL ADVISORS, LLC	10	0	For
SCHOLTZ & COMPANY, LLC	0	0	--

17. Submit Severance Agreement to Shareholder Vote

COMPENSATION

Meeting held 2025-04-22.

75% fund support · no official result

FOR 75%AGAINST 25%

The 19 asset managers below cast 75% of the shares they voted on this item FOR (702,464 for, 232,621 against).

FOR: 702,464 (75.1%)AGAINST: 232,621 (24.9%)

Largest asset managers voting on “Submit Severance Agreement to Shareholder Vote” at ADOBE INC., 2024-2025
Asset manager	For	Against	Vote
Ownership Capital B.V.	235,732	0	For
Navera Investment Management Ltd.	0	225,236	Against
Erste Asset Management GmbH	134,141	0	For
Close Asset Management Ltd	99,528	0	For
Empower	60,722	6,637	For
iA Global Asset Management Inc.	58,768	0	For
GuideStone	46,795	0	For
Brighthouse	27,871	0	For
HC CAPITAL TRUST	21,800	0	For
Varenne Capital Partners	7,079	0	For
CLEARWATER INVESTMENT TRUST	6,253	0	For
VALUED ADVISERS TRUST	2,140	0	For
Maj Invest Holding A/S	824	0	For
Canopy Partners, LLC	0	748	Against
NORTHERN LIGHTS FUND TRUST III	441	0	For
Colony Family Offices, LLC	352	0	For
UNIFIED SERIES TRUST	18	0	For
Advisors' Inner Circle Fund III	0	0	--
OARSMAN CAPITAL, INC.	0	0	--

18. Amend Omnibus Stock Plan

COMPENSATION

Meeting held 2025-04-22.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (934,733 for, 0 against).

FOR: 934,733 (100.0%)

Largest asset managers voting on “Amend Omnibus Stock Plan” at ADOBE INC., 2024-2025
Asset manager	For	Vote
Ownership Capital B.V.	235,732	For
Navera Investment Management Ltd.	225,236	For
Erste Asset Management GmbH	134,141	For
Close Asset Management Ltd	99,528	For
Empower	67,359	For
iA Global Asset Management Inc.	58,768	For
GuideStone	46,795	For
Brighthouse	27,871	For
HC CAPITAL TRUST	21,800	For
Varenne Capital Partners	7,079	For
CLEARWATER INVESTMENT TRUST	6,253	For
VALUED ADVISERS TRUST	2,140	For
Maj Invest Holding A/S	824	For
Canopy Partners, LLC	748	For
NORTHERN LIGHTS FUND TRUST III	441	For
UNIFIED SERIES TRUST	18	For
Advisors' Inner Circle Fund III	0	--
OARSMAN CAPITAL, INC.	0	--

19. Approve, on an advisory basis, the compensation of our named executive officers

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-04-17 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%AGAINST 15%

FOR: 297,271,103AGAINST: 53,038,028

ADOBE INC.’s own tally for this item (“Proposal 4: Approve, on an advisory basis, the compensation of our named executive officers.”): 297,271,103 for, 53,038,028 against, per its Form 8-K (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. Of all 435,000,000 outstanding shares: 68% for, 12% against (81% of the company cast a for/against vote).

The 10 asset managers below cast 97% of the shares they voted on this item FOR (37,925 for, 1,074 against).

FOR 97%

FOR: 37,925 (97.2%)AGAINST: 1,074 (2.8%)

Largest asset managers voting on “Approve, on an advisory basis, the compensation of our named executive officers” at ADOBE INC., 2024-2025
Asset manager	For	Against	Vote
Americana Partners, LLC	25,101	0	For
Seascape Capital Management	5,773	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	3,767	0	For
Ipswich Investment Management Co., Inc.	1,549	0	For
Knuff & Co LLC	0	1,074	Against
Sky Investment Group LLC	819	0	For
VAUGHAN DAVID INVESTMENTS LLC/IL	384	0	For
Axiom Financial Strategies, LLC	270	0	For
DIVIDEND ASSETS CAPITAL, LLC	262	0	For
Echo45 Advisors LLC	0	0	--

20. Amendment to the 2019 Equity Incentive Plan

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-22.

94% Majority: yes · of votes cast

FOR 94%

FOR: 303,412,998AGAINST: 19,079,403

The 10 asset managers below cast 100% of the shares they voted on this item FOR (900,955 for, 0 against).

FOR 100%

FOR: 900,955 (100.0%)

Largest asset managers voting on “Amendment to the 2019 Equity Incentive Plan” at ADOBE INC., 2024-2025
Asset manager	For	Vote
FAYEZ SAROFIM & CO	445,917	For
OSSIAM	196,081	For
Cardano Risk Management B.V.	153,511	For
Wesleyan Assurance Society	52,082	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	27,430	For
Union Investment Privatfonds GmbH	12,020	For
AMERICAN BEACON FUNDS	9,200	For
Union Investment Institutional GmbH	4,556	For
Northern Lights Fund Trust IV	118	For
PACE SELECT ADVISORS TRUST	40	For

21. Shareholder Proposal Regarding Severance Approval Policy

COMPENSATION

Meeting held 2025-04-22.

100% fund support · no official result

FOR 100%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (427,608 for, 0 against).

FOR: 427,608 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Severance Approval Policy” at ADOBE INC., 2024-2025
Asset manager	For	Vote
OSSIAM	196,081	For
Cardano Risk Management B.V.	153,511	For
Wesleyan Assurance Society	52,082	For
Union Investment Privatfonds GmbH	12,020	For
AMERICAN BEACON FUNDS	9,200	For
Union Investment Institutional GmbH	4,556	For
Northern Lights Fund Trust IV	118	For
PACE SELECT ADVISORS TRUST	40	For

22. Say on Pay

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 3 wordings of this item as funds reported it.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 259,027,865AGAINST: 63,389,204

The 4 asset managers below cast 100% of the shares they voted on this item FOR (33,860 for, 0 against).

FOR 100%

FOR: 33,860 (100.0%)

Largest asset managers voting on “Say on Pay” at ADOBE INC., 2024-2025
Asset manager	For	Vote
Empower	24,317	For
Ramsay, Stattman, Vela & Price, Inc.	9,415	For
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV	115	For
Gibson Capital, LLC	13	For

23. Amend Incentive Stock Option Plan

OTHER

Meeting held 2025-04-22.

100% fund support · no official result

8%A 92%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (1,259 for, 0 against).

FOR: 1,259 (8.4%)A: 13,725 (91.6%)

Largest asset managers voting on “Amend Incentive Stock Option Plan” at ADOBE INC., 2024-2025
Asset manager	For	Vote
LEAVELL INVESTMENT MANAGEMENT, INC.	0	A
HARBOUR INVESTMENT MANAGEMENT LLC	1,170	For
VOISARD ASSET MANAGEMENT GROUP, INC.	89	For

24. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-04-22.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at ADOBE INC., 2024-2025
Asset manager	For	Vote
VALUED ADVISERS TRUST	22,000	For
HARBOUR INVESTMENT MANAGEMENT LLC	12,870	For
VOISARD ASSET MANAGEMENT GROUP, INC.	89	For

25. COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-04-22.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 259,027,865AGAINST: 63,389,204

The 3 asset managers below cast 21% of the shares they voted on this item FOR (334 for, 1,227 against).

FOR 21%AGAINST 79%

FOR: 334 (21.4%)AGAINST: 1,227 (78.6%)

Largest asset managers voting on “COMPENSATION” at ADOBE INC., 2024-2025
Asset manager	For	Against	Vote
Cornerstone Capital, Inc.	0	1,227	Against
Members Trust Co	284	0	For
Capital Group	50	0	For

26. S/H Proposal - Golden Parachutes to Vote

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2025-03-04; no official results on file for that date.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 1,439 against).

AGAINST: 1,439 (100.0%)

Largest asset managers voting on “S/H Proposal - Golden Parachutes to Vote” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Focus Partners Wealth	0	1,287	0	0	Against
SHELTON WEALTH MANAGEMENT, LLC	0	152	0	0	Against

27. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-22.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (363 for, 0 against).

FOR: 363 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
SWEENEY & MICHEL, LLC	363	0	0	0	For
Lido Advisors, LLC	0	0	0	0	--

28. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-04-22.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (389 for, 0 against).

FOR: 389 (100.0%)

Largest asset managers voting on “Director Elections” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	284	0	0	0	For
Ballew Advisors, Inc	105	0	0	0	For

29. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-22.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (374 for, 0 against).

FOR: 374 (100.0%)

Largest asset managers voting on “Executive Salary” at ADOBE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Northside Capital Management, LLC	332	0	0	0	For
Bell & Brown Wealth Advisors, LLC	42	0	0	0	For

Largest ADOBE INC. shareholders voting in 2024-2025

Ranked by the number of ADOBE INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 435,000,000 shares outstanding at the time of that meeting.

Top ADOBE INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	11.16%
2	BlackRock	7.34%
3	Fidelity	4.88%
4	State Street	4.22%
5	GEODE CAPITAL MANAGEMENT, LLC	2.49%
6	Capital Group	1.68%
7	Charles Schwab	1.34%
8	PRIMECAP MANAGEMENT CO/CA/	1.22%
9	Invesco	1.19%
10	Northern Trust	1.08%

Reported ADOBE INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

ADOBE INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.46%	13F
BlackRock	9.25%	13F
State Street	4.66%	13F
Morgan Stanley	1.80%	13F
BNY Mellon	1.50%	13F
Norges Bank	1.24%	13F
FMR (Fidelity)	1.21%	13F
Northern Trust	1.20%	13F
Goldman Sachs	1.05%	13F
Shantanu Narayen	0.09%	DEF14A

Percentages above are of 435,000,000 shares outstanding, as reported by ADOBE INC. on its Form 10-Q dated 2025-02-28 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ADOBE INC.’s 10-Q dated 2025-02-28. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At ADOBE INC.'s shareholder meeting held 2025-04-22, in the 2024-2025 proxy season, 1,641 asset managers reported how they voted in their SEC Form N-PX filings, covering 21,546 separate fund positions. Their filings are grouped here into 29 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 — To approve, on an advisory basis, the compensation of our named executive officers. — FOR was 80% 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: ADOBE INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

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