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CARVANA CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and CARVANA CO.’s Form 8-K, filed 2025-05-06 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 20Reported items
  • 547Asset managers
  • 5,048Fund votes
  • 2025-05-05Meeting date

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

Explore CARVANA CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by CARVANA CO.

These tallies are CARVANA CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-06 (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.

CARVANA CO. — official shareholder meeting results, meeting held 2025-05-05
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Dan Quayle 814,896,830---- 19,288,87015,416,958 Majority: yes
Elect Director: Gregory Sullivan 809,465,368---- 24,720,33315,416,958 Majority: yes
Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually. 809,274,81224,884,74326,145 --15,416,958 Majority: yes
Item 6: Vote upon a stockholder proposal regarding simple majority voting The Company's stockholders did not approve the stockholder proposal regarding simple majority voting. 39,706,607794,437,46441,630 ---- Majority: no

Source: CARVANA CO., Form 8-K, filed with the SEC on 2025-05-06 — read the filing on EDGAR.

How asset managers voted at the CARVANA CO. 2024-2025 meeting

Each item below shows how the 547 asset managers that disclosed a CARVANA CO. 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 CARVANA CO.’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 consider the approval, by an advisory vote, of the compensation of our named executive officers as disclosed in the Proxy Statement ("say-on-pay").

COMPENSATION

Combines 13 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 501 asset managers below cast 97% of the shares they voted on this item FOR (110,227,459 for, 3,378,506 against).

FOR: 110,227,459 (97.0%)AGAINST: 3,378,506 (3.0%)ABSTAIN: 14,067 (0.0%)NOT VOTED: 1,259 (0.0%)
Largest asset managers voting on “To consider the approval, by an advisory vote, of the compensation of our named executive officers as disclose” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price24,409,4260 00For
Fidelity19,078,4730 00For
Vanguard11,899,813821 00For
BlackRock5,799,392154 00For
GREENOAKS CAPITAL PARTNERS LLC5,770,7020 00For
Lingotto Investment Management LLP4,044,2890 00For
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC3,359,2880 00For
VIKING GLOBAL INVESTORS LP2,316,1740 00For
LONE PINE CAPITAL LLC2,314,1680 00For
Thrive Capital Management, LLC2,267,6100 00For
State Street2,088,7050 00For
GEODE CAPITAL MANAGEMENT, LLC1,969,7420 00For
Durable Capital Partners LP1,861,9450 00For
KPS Global Asset Management UK Ltd1,500,0000 00For
Point721,064,7600 00For
Amundi01,057,723 00Against
Charles Schwab971,1030 00For
John Hancock714,2350 00For
Palestra Capital Management LLC709,3190 00For
LORD, ABBETT & CO. LLC694,3980 00For
Lord Abbett668,4770 00For
Whale Rock Capital Management LLC609,2240 00For
Northern Trust584,3130 00For
First Trust556,1912,664 00For
Third Point556,4830 00For

Showing the 25 largest of 501 asset managers. See all 501 in the interactive database.

2. To recommend, by an advisory vote, the frequency of future advisory votes on the compensation of our named executive officers ("say-on-pay frequency").

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

Combines 15 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,274,812AGAINST: 24,884,743

CARVANA CO.’s own tally for this item (“Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually.”): 809,274,812 for, 24,884,743 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 489 asset managers below cast 100% of the shares they voted on this item FOR (612,102 for, 0 against).

ONE YEAR 75%1 YEAR 22%
FOR: 612,102 (0.5%)ABSTAIN: 15,916 (0.0%)ONE YEAR: 85,544,437 (75.3%)1 YEAR: 25,201,396 (22.2%)1-YEAR: 1,501,506 (1.3%)THREE YEARS: 403,409 (0.4%)1YR: 207,513 (0.2%)3 YEARS: 45,096 (0.0%)NOT VOTED: 1,259 (0.0%)1-YR: 180 (0.0%)SHARES YEAR 1: 77 (0.0%)2 YEARS: 9 (0.0%)TWO YEARS: 4 (0.0%)1.0: 0 (0.0%)3 YEAR: 0 (0.0%)2 YEAR: 0 (0.0%)3.0: 0 (0.0%)2.0: 0 (0.0%)
Largest asset managers voting on “To recommend, by an advisory vote, the frequency of future advisory votes on the compensation of our named exe” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price00 00One Year
Fidelity00 00One Year
Vanguard00 00One Year
BlackRock00 001 Year
GREENOAKS CAPITAL PARTNERS LLC00 00One Year
Lingotto Investment Management LLP00 001 Year
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC00 001 Year
VIKING GLOBAL INVESTORS LP00 00One Year
LONE PINE CAPITAL LLC00 00One Year
Thrive Capital Management, LLC00 001 Year
State Street00 00One Year
GEODE CAPITAL MANAGEMENT, LLC00 00One Year
Durable Capital Partners LP00 00One Year
KPS Global Asset Management UK Ltd00 001-Year
Point7200 00One Year
Amundi00 00One Year
Charles Schwab00 001 Year
John Hancock00 001 Year
Palestra Capital Management LLC00 001 Year
LORD, ABBETT & CO. LLC00 00One Year
Lord Abbett00 00One Year
Whale Rock Capital Management LLC00 001 Year
Northern Trust00 001 Year
First Trust00 00One Year
Third Point556,4830 00For

Showing the 25 largest of 489 asset managers. See all 489 in the interactive database.

3. Election of Class II Director Nominees: Dan Quayle

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 814,896,830WITHHELD: 19,288,870

CARVANA CO.’s own tally for this item (“Elect Director: Dan Quayle”): 814,896,830 for, 19,288,870 withheld, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 119 asset managers below cast 100% of the shares they voted on this item FOR (34,917,093 for, 0 against).

FOR 90%10%
FOR: 34,917,093 (90.4%)ABSTAIN: 3,724,035 (9.6%)
Largest asset managers voting on “Election of Class II Director Nominees: Dan Quayle” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard11,543,0000 125,1220For
Fidelity9,558,3170 80,9610For
T. Rowe Price8,765,7520 396,5090For
BlackRock1,424,7470 691,3750For
John Hancock670,4090 37,9090For
Lord Abbett668,4770 00For
First Trust00 549,8830Abstain
Charles Schwab480,7310 00For
TIAA00 272,7720Abstain
Dimensional00 248,4840Abstain
NEW ECONOMY FUND197,2120 00For
Bridge Builder Trust15,4780 160,9270Abstain
CARILLON SERIES TRUST00 169,4620Abstain
Northwestern Mutual137,6640 22,1870For
Invesco158,8150 00For
Prudential/PGIM119,8000 16,6660For
Allspring00 136,0890Abstain
Federated Hermes126,7280 00For
Neuberger Berman115,8000 00For
MassMutual111,7220 1,3510For
Nushares ETF Trust00 108,8790Abstain
Brighthouse91,2780 3,0970For
Morgan Stanley83,8470 8460For
Jackson National29,1810 53,3870Abstain
Equitable48,0730 26,0370For

Showing the 25 largest of 119 asset managers. See all 119 in the interactive database.

4. Election of Class II Director Nominees: Gregory Sullivan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,465,368WITHHELD: 24,720,333

CARVANA CO.’s own tally for this item (“Elect Director: Gregory Sullivan”): 809,465,368 for, 24,720,333 withheld, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 119 asset managers below cast 100% of the shares they voted on this item FOR (32,440,847 for, 0 against).

FOR 84%ABSTAIN 16%
FOR: 32,440,847 (84.0%)ABSTAIN: 6,200,281 (16.0%)
Largest asset managers voting on “Election of Class II Director Nominees: Gregory Sullivan” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard11,543,0000 125,1220For
Fidelity7,865,1130 1,774,1650For
T. Rowe Price8,765,7520 396,5090For
BlackRock1,424,7470 691,3750For
John Hancock670,4090 37,9090For
Lord Abbett668,4770 00For
First Trust00 549,8830Abstain
Charles Schwab00 480,7310Abstain
TIAA00 272,7720Abstain
Dimensional00 248,4840Abstain
NEW ECONOMY FUND197,2120 00For
Bridge Builder Trust15,4780 160,9270Abstain
CARILLON SERIES TRUST00 169,4620Abstain
Northwestern Mutual137,6640 22,1870For
Invesco00 158,8150Abstain
Prudential/PGIM119,8000 16,6660For
Allspring00 136,0890Abstain
Federated Hermes126,7280 00For
Neuberger Berman115,8000 00For
MassMutual111,5450 1,5280For
Nushares ETF Trust00 108,8790Abstain
Brighthouse91,0850 3,2900For
Morgan Stanley83,8470 8460For
Jackson National29,1810 53,3870Abstain
Equitable48,0730 26,0370For

Showing the 25 largest of 119 asset managers. See all 119 in the interactive database.

5. To vote upon a stockholder proposal regarding simple majority voting;

CORPORATE GOVERNANCEMajority of the votes cast: no

Combines 6 wordings of this item as funds reported it.

5% Majority: no · of votes cast

AGAINST 95%
FOR: 39,706,607AGAINST: 794,437,464

CARVANA CO.’s own tally for this item (“Item 6: Vote upon a stockholder proposal regarding simple majority voting The Company's stockholders did not approve the stockholder proposal regarding simple majority voting.”): 39,706,607 for, 794,437,464 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 119 asset managers below cast 41% of the shares they voted on this item FOR (15,772,402 for, 22,868,416 against).

FOR 41%AGAINST 59%
FOR: 15,772,402 (40.8%)AGAINST: 22,868,416 (59.2%)ABSTAIN: 310 (0.0%)
Largest asset managers voting on “To vote upon a stockholder proposal regarding simple majority voting;” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard124,37011,543,752 00Against
Fidelity1,795,2097,844,069 00Against
T. Rowe Price9,162,2610 00For
BlackRock02,116,122 00Against
John Hancock708,3180 00For
Lord Abbett668,4770 00For
First Trust549,8830 00For
Charles Schwab0480,731 00Against
TIAA272,7720 00For
Dimensional248,4840 00For
NEW ECONOMY FUND197,2120 00For
Bridge Builder Trust160,92715,478 00For
CARILLON SERIES TRUST169,4620 00For
Northwestern Mutual159,8510 00For
Invesco158,8150 00For
Prudential/PGIM16,666119,800 00Against
Allspring136,0890 00For
Federated Hermes0126,728 00Against
Neuberger Berman115,8000 00For
MassMutual112,896177 00For
Nushares ETF Trust108,8790 00For
Brighthouse14,79879,267 3100Against
Morgan Stanley84683,847 00Against
Jackson National82,5680 00For
Equitable26,03748,073 00Against

Showing the 25 largest of 119 asset managers. See all 119 in the interactive database.

6. To approve an amendment to Carvana's amended and restated certificate of incorporation to provide for the exculpation of certain officers as permitted by Delaware law;

CORPORATE GOVERNANCE

Combines 4 wordings of this item as funds reported it.

84% fund support · no official result

FOR 84%AGAINST 16%

The 114 asset managers below cast 84% of the shares they voted on this item FOR (32,442,746 for, 6,152,055 against).

FOR: 32,442,746 (84.1%)AGAINST: 6,152,055 (15.9%)ABSTAIN: 310 (0.0%)
Largest asset managers voting on “To approve an amendment to Carvana's amended and restated certificate of incorporation to provide for the excu” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard11,543,000125,122 00For
Fidelity7,889,2741,750,004 00For
T. Rowe Price8,708,927453,334 00For
BlackRock2,116,1220 00For
John Hancock670,40937,909 00For
Lord Abbett0668,477 00Against
First Trust0549,883 00Against
Charles Schwab0480,731 00Against
TIAA0272,772 00Against
Dimensional0248,484 00Against
NEW ECONOMY FUND197,2120 00For
Bridge Builder Trust15,478160,927 00Against
CARILLON SERIES TRUST0169,462 00Against
Northwestern Mutual137,66422,187 00For
Invesco158,8150 00For
Prudential/PGIM119,80016,666 00For
Allspring0136,089 00Against
Federated Hermes126,7280 00For
Neuberger Berman0115,800 00Against
MassMutual111,5451,528 00For
Nushares ETF Trust0108,879 00Against
Brighthouse91,2782,787 3100For
Morgan Stanley83,847846 00For
Jackson National29,18153,387 00Against
Equitable48,07326,037 00For

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

7. To ratify the appointment of Grant Thornton LLP as Carvana's independent registered public accounting firm for the year ending December 31, 2025;

AUDIT-RELATED

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 114 asset managers below cast 99.9% of the shares they voted on this item FOR (38,564,673 for, 30,128 against).

FOR: 38,564,673 (99.9%)AGAINST: 30,128 (0.1%)ABSTAIN: 310 (0.0%)
Largest asset managers voting on “To ratify the appointment of Grant Thornton LLP as Carvana's independent registered public accounting firm for” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard11,668,1220 00For
Fidelity9,639,2780 00For
T. Rowe Price9,162,2610 00For
BlackRock2,116,1220 00For
John Hancock708,3180 00For
Lord Abbett668,4770 00For
First Trust549,8830 00For
Charles Schwab480,7310 00For
TIAA272,7720 00For
Dimensional248,4840 00For
NEW ECONOMY FUND197,2120 00For
Bridge Builder Trust176,4050 00For
CARILLON SERIES TRUST169,4620 00For
Northwestern Mutual159,8510 00For
Invesco158,8150 00For
Prudential/PGIM136,4660 00For
Allspring136,0890 00For
Federated Hermes126,7280 00For
Neuberger Berman115,8000 00For
MassMutual113,0730 00For
Nushares ETF Trust108,8790 00For
Brighthouse94,0650 3100For
Morgan Stanley84,6930 00For
Jackson National82,5680 00For
Equitable74,1100 00For

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

8. Advisory Vote on Say on Pay Frequency

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

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,274,812AGAINST: 24,884,743

CARVANA CO.’s own tally for this item (“Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually.”): 809,274,812 for, 24,884,743 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 21 asset managers below cast 100% of the shares they voted on this item FOR (66,968 for, 0 against).

FOR 24%ONE YEAR 45.0%1 YEAR 30%
FOR: 66,968 (24.5%)ONE YEAR: 123,194 (45.0%)1 YEAR: 82,190 (30.0%)NOT VOTED: 1,182 (0.4%)ONE VOTE: 16 (0.0%)
Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
OSSIAM00 001 Year
STOREBRAND ASSET MANAGEMENT AS00 00One Year
NORDEA INVESTMENT MANAGEMENT AB34,9710 00For
JPMorgan00 00One Year
TD ASSET MANAGEMENT INC29,6470 00For
Divisadero Street Capital Management, LP00 00One Year
Empower00 00One Year
APG Asset Management US Inc.00 00One Year
Northern Lights Variable Trust00 00One Year
Northern Lights Fund Trust00 00One Year
Desjardins Global Asset Management Inc.00 00One Year
TD Waterhouse Canada Inc.00 00One Year
Metzler Asset Management GmbH00 00One Year
Vinva Investment Management Ltd1,6380 00For
Universal-Investment-Gesellschaft mbH3940 00Not Voted
GuideStone00 00One Year
ALGERT GLOBAL LLC00 00One Year
Plato Investment Management Ltd2490 00For
GAMMA Investing LLC690 00For
Convergence Investment Partners, LLC00 00One Vote
BIT Capital GmbH00 00--

9. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

49.9% fund support · no official result

FOR 49.9%AGAINST 50.1%

The 20 asset managers below cast 49.9% of the shares they voted on this item FOR (149,505 for, 149,674 against).

FOR: 149,505 (50.0%)AGAINST: 149,674 (50.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
OSSIAM082,190 00Against
STOREBRAND ASSET MANAGEMENT AS48,1590 00For
NORDEA INVESTMENT MANAGEMENT AB034,971 00Against
JPMorgan34,4190 00For
TD ASSET MANAGEMENT INC29,6470 00For
Cardano Risk Management B.V.027,057 00Against
Divisadero Street Capital Management, LP8,1830 00For
Empower7,7280 00For
APG Asset Management US Inc.5,2790 00For
Northern Lights Variable Trust5,1400 00For
Northern Lights Fund Trust4,7590 00For
Desjardins Global Asset Management Inc.03,117 00Against
TD Waterhouse Canada Inc.2,6150 00For
Metzler Asset Management GmbH02,122 00Against
Vinva Investment Management Ltd1,6380 00For
GuideStone1,3330 00For
ALGERT GLOBAL LLC3400 00For
Plato Investment Management Ltd2490 00For
Regime de rentes du Mouvement Desjardins0217 00Against
Convergence Investment Partners, LLC160 00For

10. TO RECOMMEND, BY AN ADVISORY VOTE, THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS (SAY-ON-PAY FREQUENCY&QUOT). &QUOT

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

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,274,812AGAINST: 24,884,743

CARVANA CO.’s own tally for this item (“Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually.”): 809,274,812 for, 24,884,743 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR 100%
1 YEAR: 9,581 (100.0%)
Largest asset managers voting on “TO RECOMMEND, BY AN ADVISORY VOTE, THE FREQUENCY OF FUTURE ADVISORY VOTES ON THE COMPENSATION OF OUR NAMED EXE” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Chicago Capital, LLC00 001 Year
TIMOTHY PLAN00 001 Year
Advisors' Inner Circle Fund III00 001 Year
L2 Asset Management, LLC00 001 Year
Naviter Wealth, LLC00 001 Year
RBB Fund Trust00 001 Year
MeadowBrook Investment Advisors LLC00 001 Year
AUGUSTINE ASSET MANAGEMENT INC00 001 Year

11. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

99.9% fund support · no official result

FOR 99.9%

The 7 asset managers below cast 99.9% of the shares they voted on this item FOR (420,311 for, 145 against).

FOR: 420,311 (100.0%)AGAINST: 145 (0.0%)
Largest asset managers voting on “14A Executive Compensation” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
General Equity Holdings LP418,9180 00For
Interval Partners, LP1,3570 00For
Focus Partners Wealth20145 00Against
Simplify Exchange Traded Funds110 00For
PEDDOCK CAPITAL ADVISORS, LLC50 00For
BIT Capital GmbH00 00--
Baker Avenue Asset Management, LP00 00--

12. 14A Executive Compensation Vote Frequency

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

1 YEAR 99.6%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (11 for, 0 against).

FOR: 11 (0.0%)1 YEAR: 419,083 (99.7%)1-YEAR: 1,357 (0.3%)
Largest asset managers voting on “14A Executive Compensation Vote Frequency” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
General Equity Holdings LP00 001 Year
Interval Partners, LP00 001-Year
Focus Partners Wealth00 001 Year
Simplify Exchange Traded Funds110 00For
Baker Avenue Asset Management, LP00 00--

13. Amend Certificate of Incorporation to Eliminate the Personal Liability of Certain Officers

CORPORATE GOVERNANCE

0% fund support · no official result

AGAINST 100%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 18,960 against).

AGAINST: 18,960 (100.0%)
Largest asset managers voting on “Amend Certificate of Incorporation to Eliminate the Personal Liability of Certain Officers” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower07,728 00Against
Northern Lights Variable Trust05,140 00Against
Northern Lights Fund Trust04,759 00Against
GuideStone01,333 00Against

14. Ratify Grant Thornton LLP as Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (18,960 for, 0 against).

FOR: 18,960 (100.0%)
Largest asset managers voting on “Ratify Grant Thornton LLP as Auditors” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower7,7280 00For
Northern Lights Variable Trust5,1400 00For
Northern Lights Fund Trust4,7590 00For
GuideStone1,3330 00For

15. To consider the approval by an advisory vote of the compensation of our named executive officers as disclosed in the Proxy Statement ("say-on-pay");

COMPENSATION

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 (1,465 for, 0 against).

FOR: 1,465 (100.0%)
Largest asset managers voting on “To consider the approval by an advisory vote of the compensation of our named executive officers as disclosed ” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Janney Montgomery Scott LLC1,4610 00For
Petros Family Wealth, LLC40 00For

16. To recommend by an advisory vote the frequency of future advisory votes on the compensation of our named executive officers ("say-on-pay frequency");

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

Combines 2 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,274,812AGAINST: 24,884,743

CARVANA CO.’s own tally for this item (“Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually.”): 809,274,812 for, 24,884,743 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ONE YEAR 100%
ONE YEAR: 1,461 (100.0%)
Largest asset managers voting on “To recommend by an advisory vote the frequency of future advisory votes on the compensation of our named execu” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Janney Montgomery Scott LLC00 00One Year
Petros Family Wealth, LLC00 00--

17. Approval, by an advisory vote, of Carvana's Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (2,163,994 for, 0 against).

FOR: 2,163,994 (100.0%)
Largest asset managers voting on “Approval, by an advisory vote, of Carvana's Executive Compensation” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Camelot Capital Partners, LLC2,050,5880 00For
Anabranch Capital Management, LP113,4060 00For

18. Ratify Appointment of Independent Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (27,068 for, 0 against).

FOR: 27,068 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.27,0570 00For
Simplify Exchange Traded Funds110 00For

19. To consider the approval, by an advisory vote, of the H of our named executive officers as disclosed in the Proxy Statement ("say-on-pay").

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,467 for, 0 against).

FOR: 1,467 (100.0%)
Largest asset managers voting on “To consider the approval, by an advisory vote, of the H of our named executive officers as disclosed in the Pr” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NORTHERN LIGHTS FUND TRUST III1,4670 00For
SARATOGA ADVANTAGE TRUST00 00--

20. To recommend, by an advisory vote, the frequency of future advisory votes on the H of our named executive officers ("say-on-pay frequency").

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

97% Majority: yes · of votes cast

FOR 97%
FOR: 809,274,812AGAINST: 24,884,743

CARVANA CO.’s own tally for this item (“Item 3: Recommendation, by an advisory vote, on the frequency of future say-on-pay votes The Company's stockholders approved, by an advisory vote, holding say-on-pay votes annually.”): 809,274,812 for, 24,884,743 against, per its Form 8-K filed 2025-05-06 (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR 100%
1 YEAR: 1,467 (100.0%)
Largest asset managers voting on “To recommend, by an advisory vote, the frequency of future advisory votes on the H of our named executive offi” at CARVANA CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NORTHERN LIGHTS FUND TRUST III00 001 Year
SARATOGA ADVANTAGE TRUST00 00--

Largest CARVANA CO. shareholders voting in 2024-2025

Ranked by the number of CARVANA CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 122,344,000 shares outstanding at the time of that meeting.

Top CARVANA CO. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1T. Rowe Price 19.95%
2Fidelity 15.59%
3Vanguard 9.73%
4BlackRock 4.74%
5GREENOAKS CAPITAL PARTNERS LLC 4.72%
6Lingotto Investment Management LLP 3.31%
7SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 2.75%
8VIKING GLOBAL INVESTORS LP 1.89%
9LONE PINE CAPITAL LLC 1.89%
10Thrive Capital Management, LLC 1.85%

Reported CARVANA CO. ownership

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

CARVANA CO. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Ernest C. Garcia II 34.69% 13D
Ernest C. Garcia, III 24.77% 13G
T. Rowe Price 12.22% 13F
Vanguard Group 10.25% 13F
Capital Research Global Investors 8.87% 13G
FMR LLC 7.90% DEF14A
FMR (Fidelity) 7.69% 13F
Carvana Group, LLC 6.50% 13D
BlackRock 6.01% 13F
CVAN Holdings, LLC 5.06% 13G

Percentages above are of 122,344,000 shares outstanding, as reported by CARVANA CO. on its Form 10-K dated 2024-12-31 (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 CARVANA CO.’s 10-K dated 2024-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At CARVANA CO.'s shareholder meeting held 2025-05-05, in the 2024-2025 proxy season, 547 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,048 separate fund positions. Their filings are grouped here into 20 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. CARVANA CO.'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 — To consider the approval, by an advisory vote, of the compensation of our named executive… — the reporting funds cast 97% 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.

CARVANA CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.