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ADVANCED DRAINAGE SYSTEMS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ADVANCED DRAINAGE SYSTEMS INC.’s Form 8-K, filed 2024-07-18 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 22Reported items
  • 494Asset managers
  • 6,594Fund votes
  • 2024-07-18Meeting date

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

Explore ADVANCED DRAINAGE SYSTEMS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ADVANCED DRAINAGE SYSTEMS INC.

These tallies are ADVANCED DRAINAGE SYSTEMS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-07-18 (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.

ADVANCED DRAINAGE SYSTEMS INC. — official shareholder meeting results, meeting held 2024-07-18
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: D. Scott Barbour 66,842,686708,85822,190 --1,831,130 Majority: yes
Elect Director: Anesa T. Chaibi 66,473,478853,489246,767 --1,831,130 Majority: yes
Elect Director: Michael B. Coleman 66,240,8091,180,672152,253 --1,831,130 Majority: yes
Elect Director: Robert M. Eversole 60,696,3876,724,965152,382 --1,831,130 Majority: yes
Elect Director: Alexander R. Fischer 54,850,95412,405,433317,347 --1,831,130 Majority: yes
Elect Director: Tanya D. Fratto 64,129,1623,197,862246,710 --1,831,130 Majority: yes
Elect Director: Kelly S. Gast 66,967,121440,393166,220 --1,831,130 Majority: yes
Elect Director: M.A. (Mark) Haney 66,325,4421,095,448152,844 --1,831,130 Majority: yes
Elect Director: Luther C. Kissam IV 66,435,009672,391466,334 --1,831,130 Majority: yes
Elect Director: Manuel Perez de la Mesa 66,383,7291,037,676152,329 --1,831,130 Majority: yes
Elect Director: Anil Seetharam 64,193,6093,120,923259,202 --1,831,130 Majority: yes

Source: ADVANCED DRAINAGE SYSTEMS INC., Form 8-K, filed with the SEC on 2024-07-18 — read the filing on EDGAR.

How asset managers voted at the ADVANCED DRAINAGE SYSTEMS INC. 2024-2025 meeting

Each item below shows how the 494 asset managers that disclosed a ADVANCED DRAINAGE SYSTEMS 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 ADVANCED DRAINAGE SYSTEMS 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. Approval, in a non-binding advisory vote, of the compensation for named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-07-18.

Combines 9 wordings of this item as funds reported it.

88% fund support · no official result

FOR 87%12%

The 445 asset managers below cast 88% of the shares they voted on this item FOR (52,997,695 for, 7,484,883 against).

FOR: 52,997,695 (87.3%)AGAINST: 7,484,883 (12.3%)ABSTAIN: 214,695 (0.4%)NOT VOTED: 7,682 (0.0%)
Largest asset managers voting on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,679,1940 00For
BlackRock6,486,372638 00For
Invesco03,072,076 00Against
State Street2,957,8640 00For
Thrivent2,724,8540 00For
American Century2,314,8370 00For
IMPAX ASSET MANAGEMENT LLC1,985,7190 00For
PICTET ASSET MANAGEMENT SA1,764,1150 00For
Fidelity1,111,513353,628 00For
Swedbank Robur Fonder AB01,309,778 00Against
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC1,294,8490 00For
GEODE CAPITAL MANAGEMENT, LLC1,113,4720 00For
John Hancock1,095,2990 00For
CANADA PENSION PLAN INVESTMENT BOARD1,023,4880 00For
Charles Schwab998,0100 00For
BAILLIE GIFFORD & CO LTD823,0580 00For
First Trust754,570721 00For
BAILLIE GIFFORD OVERSEAS LTD716,9890 00For
Northern Trust676,0990 00For
Dimensional653,7100 00For
BAILLIE GIFFORD & CO623,7620 00For
Liontrust Investment Partners LLP618,6480 00For
ATLANTA CAPITAL MANAGEMENT CO L L C602,4130 00For
MELLON INVESTMENTS Corp561,4090 00For
Federated Hermes514,7886,086 00For

Showing the 25 largest of 445 asset managers. See all 445 in the interactive database.

2. Election of Directors: Alexander R. Fischer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

82% Majority: yes · of votes cast

FOR 82%AGAINST 18%
FOR: 54,850,954AGAINST: 12,405,433

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Alexander R. Fischer”): 54,850,954 for, 12,405,433 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 77% for, 17% against (94% of the company cast a for/against vote).

The 123 asset managers below cast 93% of the shares they voted on this item FOR (23,269,020 for, 1,696,334 against).

FOR 93%
FOR: 23,269,020 (93.2%)AGAINST: 1,696,334 (6.8%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Alexander R. Fischer” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street993788,196 00Against
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X0467,699 00Against
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

3. Election of Directors: Anesa T. Chaibi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,473,478AGAINST: 853,489

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Anesa T. Chaibi”): 66,473,478 for, 853,489 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 93% for, 1% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,965,219 for, 135 against).

FOR 99.9%
FOR: 24,965,219 (99.9%)AGAINST: 135 (0.0%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Anesa T. Chaibi” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

4. Election of Directors: Anil Seetharam

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 64,193,609AGAINST: 3,120,923

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Anil Seetharam”): 64,193,609 for, 3,120,923 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 90% for, 4% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.3% of the shares they voted on this item FOR (24,795,466 for, 169,888 against).

FOR 99.2%
FOR: 24,795,466 (99.3%)AGAINST: 169,888 (0.7%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Anil Seetharam” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,945244 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

5. Election of Directors: D. Scott Barbour

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,842,686AGAINST: 708,858

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: D. Scott Barbour”): 66,842,686 for, 708,858 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 94% for, 1.0% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,950,669 for, 13,306 against).

FOR 99.8%
FOR: 24,950,669 (99.9%)AGAINST: 13,306 (0.1%)ABSTAIN: 15,442 (0.1%)
Largest asset managers voting on “Election of Directors: D. Scott Barbour” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

6. Election of Directors: Kelly S. Gast

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 66,967,121AGAINST: 440,393

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Kelly S. Gast”): 66,967,121 for, 440,393 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 94% for, 0.7% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,963,529 for, 446 against).

FOR 99.9%
FOR: 24,963,529 (99.9%)AGAINST: 446 (0.0%)ABSTAIN: 15,442 (0.1%)
Largest asset managers voting on “Election of Directors: Kelly S. Gast” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

7. Election of Directors: Luther C. Kissam IV

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 66,435,009AGAINST: 672,391

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Luther C. Kissam IV”): 66,435,009 for, 672,391 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 93% for, 1.0% against (94% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,951,872 for, 13,482 against).

FOR 99.8%
FOR: 24,951,872 (99.9%)AGAINST: 13,482 (0.1%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Luther C. Kissam IV” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,1890 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

8. Election of Directors: M.A. (Mark) Haney

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,325,442AGAINST: 1,095,448

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: M.A. (Mark) Haney”): 66,325,442 for, 1,095,448 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 93% for, 2% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,949,260 for, 16,094 against).

FOR 99.8%
FOR: 24,949,260 (99.9%)AGAINST: 16,094 (0.1%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: M.A. (Mark) Haney” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

9. Election of Directors: Manuel Perez de la Mesa

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,383,729AGAINST: 1,037,676

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Manuel Perez de la Mesa”): 66,383,729 for, 1,037,676 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 93% for, 1% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,952,048 for, 13,306 against).

FOR 99.8%
FOR: 24,952,048 (99.9%)AGAINST: 13,306 (0.1%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Manuel Perez de la Mesa” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

10. Election of Directors: Michael B. Coleman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 66,240,809AGAINST: 1,180,672

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Michael B. Coleman”): 66,240,809 for, 1,180,672 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 93% for, 2% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.9% of the shares they voted on this item FOR (24,952,048 for, 13,306 against).

FOR 99.8%
FOR: 24,952,048 (99.9%)AGAINST: 13,306 (0.1%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Michael B. Coleman” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,054135 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

11. Election of Directors: Robert M. Eversole

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%
FOR: 60,696,387AGAINST: 6,724,965

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Robert M. Eversole”): 60,696,387 for, 6,724,965 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 85% for, 9% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99% of the shares they voted on this item FOR (24,715,113 for, 250,241 against).

FOR 99%
FOR: 24,715,113 (98.9%)AGAINST: 250,241 (1.0%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Robert M. Eversole” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,865324 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

12. Election of Directors: Tanya D. Fratto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-07-18.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 64,129,162AGAINST: 3,197,862

ADVANCED DRAINAGE SYSTEMS INC.’s own tally for this item (“Elect Director: Tanya D. Fratto”): 64,129,162 for, 3,197,862 against, per its Form 8-K filed 2024-07-18 (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 71,198,000 outstanding shares: 90% for, 4% against (95% of the company cast a for/against vote).

The 123 asset managers below cast 99.2% of the shares they voted on this item FOR (24,774,632 for, 190,722 against).

FOR 99.1%
FOR: 24,774,632 (99.2%)AGAINST: 190,722 (0.8%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Election of Directors: Tanya D. Fratto” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,516,8090 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street788,865324 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X467,6990 00For
Bridge Builder Trust279,2002,390 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 123 asset managers. See all 123 in the interactive database.

13. Ratification of the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for fiscal year 2025.

AUDIT-RELATED

Meeting held 2024-07-18.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 117 asset managers below cast 98% of the shares they voted on this item FOR (24,438,740 for, 393,843 against).

FOR: 24,438,740 (98.4%)AGAINST: 393,843 (1.6%)ABSTAIN: 14,063 (0.1%)
Largest asset managers voting on “Ratification of the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accoun” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard7,250,689266,120 00For
BlackRock3,782,3000 00For
Thrivent1,347,0730 00For
Invesco1,340,5070 00For
Fidelity1,076,0210 00For
John Hancock1,037,8930 00For
American Century1,028,4700 00For
State Street789,10980 00For
First Trust753,4830 00For
Dimensional500,3650 00For
Eaton Vance475,7870 00For
Charles Schwab471,8540 00For
Global X465,0712,628 00For
Bridge Builder Trust281,5900 00For
WILLIAM BLAIR FUNDS260,6620 00For
Federated Hermes256,7430 00For
Capital Group174,6840 00For
Jackson National166,4330 00For
Allspring154,4230 00For
TIAA131,4520 00For
GMO122,6140 00For
Virtus120,0440 00For
Nationwide114,5690 00For
Equitable112,7040 00For
AIG/SunAmerica108,0180 00For

Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.

14. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-07-18.

68% fund support · no official result

FOR 68%AGAINST 32%

The 20 asset managers below cast 68% of the shares they voted on this item FOR (565,002 for, 265,366 against).

FOR: 565,002 (68.0%)AGAINST: 265,366 (32.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan173,7690 00For
STOREBRAND ASSET MANAGEMENT AS145,4850 00For
NORDEA INVESTMENT MANAGEMENT AB095,943 00Against
Thematics Asset Management90,4140 00For
Desjardins Global Asset Management Inc.080,157 00Against
Cardano Risk Management B.V.072,648 00Against
ADAGE CAPITAL PARTNERS GP, L.L.C.55,0000 00For
Empower35,6420 00For
APG Asset Management US Inc.32,8000 00For
Coyle Financial Counsel LLC10,6570 00For
GuideStone9,9930 00For
Regime de rentes du Mouvement Desjardins09,239 00Against
Union Investment Privatfonds GmbH07,379 00Against
ALGEBRIS (UK) LTD4,7090 00For
VALUED ADVISERS TRUST3,4350 00For
TD Waterhouse Canada Inc.2,9550 00For
RWC Asset Management LLP1250 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma80 00For
Convergence Investment Partners, LLC50 00For
MILLER HOWARD INVESTMENTS INC /NY50 00For

15. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-07-18.

91% fund support · no official result

FOR 91%9%

The 5 asset managers below cast 91% of the shares they voted on this item FOR (10,743 for, 1,086 against).

FOR: 10,743 (90.8%)AGAINST: 1,086 (9.2%)
Largest asset managers voting on “14A Executive Compensation” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Blue Edge Capital, LLC4,0120 00For
AMERICAN PENSION INVESTORS TRUST3,1000 00For
Summit Creek Advisors LLC2,4570 00For
Claret Asset Management Corp1,1740 00For
Baker Avenue Asset Management, LP01,086 00Against

16. 14A Executive Compensation Approval, in a non-binding advisory vote, of the compensation for named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-07-18.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (42,813 for, 0 against).

FOR: 42,813 (100.0%)
Largest asset managers voting on “14A Executive Compensation Approval, in a non-binding advisory vote, of the compensation for named executive o” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Pier Capital, LLC31,8850 00For
Dunham Funds5,4820 00For
RBB FUND, INC.5,4370 00For
MARCO INVESTMENT MANAGEMENT LLC90 00For

17. Ratify Deloitte & Touche LLP as Auditors

AUDIT-RELATED

Meeting held 2024-07-18.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (49,195 for, 0 against).

FOR: 49,195 (100.0%)
Largest asset managers voting on “Ratify Deloitte & Touche LLP as Auditors” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower35,6420 00For
GuideStone9,9930 00For
VALUED ADVISERS TRUST3,4350 00For
RWC Asset Management LLP1250 00For

18. APPROVAL, IN A NON-BINDING ADVISORY VOTE, OF THE COMPENSATION FOR NAMED EXECUTIVE OFFICERS.

OTHER

Meeting held 2025-07-17 (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.

99.9% fund support · no official result

FOR 99.9%

The 2 asset managers below cast 99.9% of the shares they voted on this item FOR (335,965 for, 7 against).

FOR: 335,965 (100.0%)AGAINST: 7 (0.0%)
Largest asset managers voting on “APPROVAL, IN A NON-BINDING ADVISORY VOTE, OF THE COMPENSATION FOR NAMED EXECUTIVE OFFICERS.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Owls Nest Partners IA, LLC335,9650 00For
Aletheian Wealth Advisors LLC07 00Against

19. Ratify Appointment of Independent Auditors Ratification of the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for fiscal year 2025.

AUDIT-RELATED

Meeting held 2024-07-18.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (10,919 for, 0 against).

FOR: 10,919 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors Ratification of the appointment of Deloitte & Touche LLP as the Com” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dunham Funds5,4820 00For
RBB FUND, INC.5,4370 00For

20. Approval, in a non-binding advisory vote, of the H for named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-07-18.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 1 asset managers below cast 100% of the shares they voted on this item FOR (8,968 for, 0 against).

FOR: 8,968 (100.0%)
Largest asset managers voting on “Approval, in a non-binding advisory vote, of the H for named executive officers.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Segall Bryant & Hamill Trust8,9680 00For

21. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2024-07-18.

4% fund support · no official result

AGAINST 96%

The 2 asset managers below cast 4% of the shares they voted on this item FOR (3,100 for, 72,648 against).

FOR: 3,100 (4.1%)AGAINST: 72,648 (95.9%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.072,648 00Against
AMERICAN PENSION INVESTORS TRUST3,1000 00For

22. Approval, in a non-binding advisory vote, of the compensation for named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-07-20 (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.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (271 for, 0 against).

FOR: 271 (100.0%)
Largest asset managers voting on “Approval, in a non-binding advisory vote, of the compensation for named executive officers.” at ADVANCED DRAINAGE SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC2710 00For
Echo45 Advisors LLC00 00--

Largest ADVANCED DRAINAGE SYSTEMS INC. shareholders voting in 2024-2025

Ranked by the number of ADVANCED DRAINAGE SYSTEMS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 71,198,000 shares outstanding at the time of that meeting.

Top ADVANCED DRAINAGE SYSTEMS INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.79%
2BlackRock 9.11%
3Invesco 4.31%
4State Street 4.15%
5Thrivent 3.83%
6American Century 3.25%
7IMPAX ASSET MANAGEMENT LLC 2.79%
8PICTET ASSET MANAGEMENT SA 2.48%
9Fidelity 2.06%
10Swedbank Robur Fonder AB 1.84%

Reported ADVANCED DRAINAGE SYSTEMS INC. ownership

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

ADVANCED DRAINAGE SYSTEMS INC. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.59% 13F
BlackRock 10.26% 13F
Common Stock Held in KSOP 7.67% DEF14A
KSOP 7.67% DEF14A
State Street 3.63% 13F
Invesco 2.44% 13F
Morgan Stanley 2.17% 13F
Dimensional Fund Advisors 1.45% 13F
Norges Bank 1.10% 13F
D. Scott Barbour 1.03% DEF14A

Percentages above are of 71,198,000 shares outstanding, as reported by ADVANCED DRAINAGE SYSTEMS INC. on its Form 10-Q dated 2024-06-30 (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 ADVANCED DRAINAGE SYSTEMS INC.’s 10-Q dated 2024-06-30. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At ADVANCED DRAINAGE SYSTEMS INC.'s shareholder meeting held 2024-07-18, in the 2024-2025 proxy season, 494 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,594 separate fund positions. Their filings are grouped here into 22 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. ADVANCED DRAINAGE SYSTEMS INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Approval, in a non-binding advisory vote, of the compensation for named executive officers. — the reporting funds cast 88% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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