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CATERPILLAR INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and CATERPILLAR INC.’s Form 8-K, filed 2024-06-14 (Item 5.07 on EDGAR). Page generated 04 October 2026.

34Reported items
1,374Asset managers
16,184Fund votes
2024-06-12Meeting date

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

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

Official 2023-2024 meeting results reported by CATERPILLAR INC.

These tallies are CATERPILLAR INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-06-14 (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.

CATERPILLAR INC. — official shareholder meeting results, meeting held 2024-06-12
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Daniel M. Dickinson	326,660,785	18,932,620	934,022	--	74,004,102	Majority: yes
Elect Director: James C. Fish, Jr.	341,428,127	4,271,250	828,049	--	74,004,102	Majority: yes
Elect Director: Gerald Johnson	340,106,896	5,605,381	815,150	--	74,004,102	Majority: yes
Elect Director: David W. MacLennan	327,003,152	18,718,624	805,651	--	74,004,102	Majority: yes
Elect Director: Judith F. Marks	341,824,512	3,873,416	829,499	--	74,004,102	Majority: yes
Elect Director: Debra L. Reed-Klages	336,570,392	9,183,291	773,744	--	74,004,102	Majority: yes
Elect Director: Susan C. Schwab	333,731,841	11,960,261	835,325	--	74,004,102	Majority: yes
Elect Director: D. James Umpleby III	325,887,710	19,643,492	996,225	--	74,004,102	Majority: yes
Elect Director: Rayford Wilkins, Jr.	333,800,457	11,879,631	847,339	--	74,004,102	Majority: yes

Source: CATERPILLAR INC., Form 8-K, filed with the SEC on 2024-06-14 — read the filing on EDGAR.

How asset managers voted at the CATERPILLAR INC. 2023-2024 meeting

Each item below shows how the 1,374 asset managers that disclosed a CATERPILLAR 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 CATERPILLAR 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. Advisory vote to Approve Named Executive Officer Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

97% fund support · no official result

FOR 96%

The 1,222 asset managers below cast 97% of the shares they voted on this item FOR (314,617,463 for, 11,226,874 against).

FOR: 314,617,463 (96.3%)AGAINST: 11,226,874 (3.4%)ABSTAIN: 61,897 (0.0%)UNKNOWN: 740,242 (0.2%)NOT VOTED: 27,672 (0.0%)

Largest asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	57,871,657	3,568	For
Vanguard	50,219,499	0	For
BlackRock	24,806,150	2,499	For
Fidelity	18,961,673	0	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	17,734,370	0	For
State Street	16,166,973	174,118	For
MBA Advisors LLC	16,027,858	0	For
GEODE CAPITAL MANAGEMENT, LLC	10,236,102	0	For
Fisher Asset Management, LLC	7,964,180	0	For
Northern Trust	6,489,490	54,423	For
Charles Schwab	6,170,182	0	For
Invesco	4,323,023	0	For
Dimensional	2,708,955	0	For
MELLON INVESTMENTS Corp	2,671,130	0	For
Nuveen	2,586,514	0	For
St. Louis Trust Co	2,340,985	0	For
TIAA	2,312,652	0	For
Legal & General Investment Management Ltd	0	2,245,234	Against
T. Rowe Price	2,063,262	14,662	For
Capital Research Global Investors	2,025,521	0	For
Goldman Sachs	2,006,706	0	For
UBS	1,881,250	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	1,736,759	Against
PRIMECAP MANAGEMENT CO/CA/	1,686,956	0	For
BANK OF AMERICA NA	1,266,587	0	For

Showing the 25 largest of 1,222 asset managers. See all 1,222 in the interactive database.

2. Election of Directors: D. James Umpleby III

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 10 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 325,887,710AGAINST: 19,643,492

CATERPILLAR INC.’s own tally for this item (“Elect Director: D. James Umpleby III”): 325,887,710 for, 19,643,492 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 67% for, 4% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.8% of the shares they voted on this item FOR (132,114,313 for, 162,618 against).

FOR 99.8%

FOR: 132,114,313 (99.9%)AGAINST: 162,618 (0.1%)ABSTAIN: 18,340 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 550 (0.0%)

Largest asset managers voting on “Election of Directors: D. James Umpleby III” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,206,624	2,730	0	For
State Street	4,166,333	2,730	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

3. Election of Directors: Daniel M. Dickinson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 326,660,785AGAINST: 18,932,620

CATERPILLAR INC.’s own tally for this item (“Elect Director: Daniel M. Dickinson”): 326,660,785 for, 18,932,620 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 67% for, 4% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.3% of the shares they voted on this item FOR (131,452,862 for, 823,819 against).

FOR 99.3%

FOR: 131,452,862 (99.4%)AGAINST: 823,819 (0.6%)ABSTAIN: 18,327 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 813 (0.0%)

Largest asset managers voting on “Election of Directors: Daniel M. Dickinson” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,954,767	11,984	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,206,624	2,730	0	For
State Street	4,165,082	3,981	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	0	433,488	0	Against
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

4. Election of Directors: David W. MacLennan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 11 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 327,003,152AGAINST: 18,718,624

CATERPILLAR INC.’s own tally for this item (“Elect Director: David W. MacLennan”): 327,003,152 for, 18,718,624 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 67% for, 4% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 98% of the shares they voted on this item FOR (130,193,132 for, 2,084,123 against).

FOR 98%

FOR: 130,193,132 (98.4%)AGAINST: 2,084,123 (1.6%)ABSTAIN: 18,316 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: David W. MacLennan” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,198,503	10,851	0	For
State Street	4,158,232	10,831	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	0	909,236	0	Against
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	519,093	15,045	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	467,403	742	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	5,175	414,089	0	Against

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

5. Election of Directors: Debra L. Reed-Klages

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 9 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 336,570,392AGAINST: 9,183,291

CATERPILLAR INC.’s own tally for this item (“Elect Director: Debra L. Reed-Klages”): 336,570,392 for, 9,183,291 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 69% for, 2% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.7% of the shares they voted on this item FOR (131,974,723 for, 302,533 against).

FOR 99.7%

FOR: 131,974,723 (99.8%)AGAINST: 302,533 (0.2%)ABSTAIN: 18,314 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: Debra L. Reed-Klages” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,201,432	7,922	0	For
State Street	4,163,655	5,408	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	538,207	5,561	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

6. Election of Directors: Gerald Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 9 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 340,106,896AGAINST: 5,605,381

CATERPILLAR INC.’s own tally for this item (“Elect Director: Gerald Johnson”): 340,106,896 for, 5,605,381 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 70% for, 1% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.9% of the shares they voted on this item FOR (132,187,681 for, 89,573 against).

FOR 99.9%

FOR: 132,187,681 (99.9%)AGAINST: 89,573 (0.1%)ABSTAIN: 18,317 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: Gerald Johnson” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,203,695	5,659	0	For
State Street	4,166,736	2,327	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

7. Election of Directors: James C. Fish, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 341,428,127AGAINST: 4,271,250

CATERPILLAR INC.’s own tally for this item (“Elect Director: James C. Fish, Jr.”): 341,428,127 for, 4,271,250 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 70% for, 0.9% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.9% of the shares they voted on this item FOR (132,188,503 for, 88,752 against).

FOR 99.9%

FOR: 132,188,503 (99.9%)AGAINST: 88,752 (0.1%)ABSTAIN: 18,316 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: James C. Fish, Jr.” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,203,695	5,659	0	For
State Street	4,166,736	2,327	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

8. Election of Directors: Judith F. Marks

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 341,824,512AGAINST: 3,873,416

CATERPILLAR INC.’s own tally for this item (“Elect Director: Judith F. Marks”): 341,824,512 for, 3,873,416 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 70% for, 0.8% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.7% of the shares they voted on this item FOR (132,002,929 for, 274,328 against).

FOR 99.7%

FOR: 132,002,929 (99.8%)AGAINST: 274,328 (0.2%)ABSTAIN: 18,314 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: Judith F. Marks” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,206,624	2,730	0	For
State Street	4,166,736	2,327	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

9. Election of Directors: Rayford Wilkins, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 333,800,457AGAINST: 11,879,631

CATERPILLAR INC.’s own tally for this item (“Elect Director: Rayford Wilkins, Jr.”): 333,800,457 for, 11,879,631 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 68% for, 2% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.8% of the shares they voted on this item FOR (132,075,657 for, 201,596 against).

FOR 99.8%

FOR: 132,075,657 (99.8%)AGAINST: 201,596 (0.2%)ABSTAIN: 18,318 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: Rayford Wilkins, Jr.” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,201,432	7,922	0	For
State Street	4,163,655	5,408	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

10. Election of Directors: Susan C. Schwab

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-06-12.

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 333,731,841AGAINST: 11,960,261

CATERPILLAR INC.’s own tally for this item (“Elect Director: Susan C. Schwab”): 333,731,841 for, 11,960,261 against, per its Form 8-K filed 2024-06-14 (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 489,300,000 outstanding shares: 68% for, 2% against (71% of the company cast a for/against vote).

The 200 asset managers below cast 99.8% of the shares they voted on this item FOR (132,078,725 for, 198,524 against).

FOR 99.8%

FOR: 132,078,725 (99.8%)AGAINST: 198,524 (0.2%)ABSTAIN: 18,322 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Election of Directors: Susan C. Schwab” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,966,750	0	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,198,503	10,851	0	For
State Street	4,162,001	7,062	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	543,768	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	468,145	0	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	433,488	0	0	For
Victory Capital	419,264	0	0	For

Showing the 25 largest of 200 asset managers. See all 200 in the interactive database.

11. Ratification of our Independent Registered Public Accounting Firm

AUDIT-RELATED

Meeting held 2024-06-12.

Combines 5 wordings of this item as funds reported it.

99.4% fund support · no official result

FOR 99.4%

The 195 asset managers below cast 99.4% of the shares they voted on this item FOR (131,449,816 for, 752,875 against).

FOR: 131,449,816 (99.4%)AGAINST: 752,875 (0.6%)ABSTAIN: 14,152 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 813 (0.0%)

Largest asset managers voting on “Ratification of our Independent Registered Public Accounting Firm” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	47,954,767	11,984	0	For
Capital Group	29,071,154	0	0	For
Fidelity	13,684,451	0	0	For
BlackRock	11,209,354	0	0	For
State Street	4,167,409	1,654	0	For
Charles Schwab	2,894,662	0	0	For
Dimensional	2,381,558	0	0	For
TIAA	2,292,049	0	0	For
Invesco	1,984,007	0	0	For
Advisers Investment Trust	1,156,621	0	0	For
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
MASTER INVESTMENT PORTFOLIO	773,431	0	0	For
DIAMOND HILL FUNDS	622,629	0	0	For
Jackson National	559,799	0	0	For
Brighthouse	535,835	0	14,108	For
Lincoln Financial	534,138	0	0	For
PIONEER FUND /MA/	513,066	0	0	For
American Century	475,528	0	0	For
Equitable	462,932	5,213	0	For
First Trust	467,867	0	0	For
Thrivent	442,438	0	0	For
T. Rowe Price	440,503	0	0	For
Amplify ETF Trust	0	433,488	0	Against
Victory Capital	419,264	0	0	For

Showing the 25 largest of 195 asset managers. See all 195 in the interactive database.

12. Shareholder Proposal - Director Board Service

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

Combines 5 wordings of this item as funds reported it.

0.1% fund support · no official result

AGAINST 99.9%

The 193 asset managers below cast 0.1% of the shares they voted on this item FOR (13,595 for, 120,206,191 against).

FOR: 13,595 (0.0%)AGAINST: 120,206,191 (100.0%)ABSTAIN: 14,271 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 813 (0.0%)

Largest asset managers voting on “Shareholder Proposal - Director Board Service” at CATERPILLAR INC., 2023-2024
Asset manager	Against	Abstain	Vote
Vanguard	47,966,750	0	Against
Capital Group	29,071,154	0	Against
Fidelity	13,684,451	0	Against
State Street	4,169,063	0	Against
Charles Schwab	2,894,662	0	Against
Dimensional	2,381,558	0	Against
TIAA	2,292,049	0	Against
Invesco	1,984,007	0	Against
Advisers Investment Trust	1,156,621	0	Against
Columbia Threadneedle	909,236	0	Against
ProShares	779,234	0	Against
DIAMOND HILL FUNDS	622,629	0	Against
Jackson National	559,799	0	Against
Brighthouse	535,835	14,108	Against
Lincoln Financial	534,138	0	Against
PIONEER FUND /MA/	513,066	0	Against
American Century	475,528	0	Against
Equitable	468,145	0	Against
First Trust	467,867	0	Against
Thrivent	442,438	0	Against
T. Rowe Price	440,503	0	Against
Amplify ETF Trust	433,488	0	Against
Victory Capital	419,264	0	Against
Prudential/PGIM	419,045	0	Against
DWS	346,866	0	Against

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

13. Shareholder Proposal - Independent Board Chairman

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

Combines 5 wordings of this item as funds reported it.

28% fund support · no official result

FOR 28%AGAINST 72%

The 193 asset managers below cast 28% of the shares they voted on this item FOR (34,141,536 for, 86,078,844 against).

FOR: 34,141,536 (28.4%)AGAINST: 86,078,844 (71.6%)ABSTAIN: 14,239 (0.0%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 250 (0.0%)

Largest asset managers voting on “Shareholder Proposal - Independent Board Chairman” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	178,929	47,787,822	0	Against
Capital Group	29,071,154	0	0	For
Fidelity	0	13,684,451	0	Against
State Street	12,485	4,156,578	0	Against
Charles Schwab	0	2,894,662	0	Against
Dimensional	0	2,381,558	0	Against
TIAA	0	2,292,049	0	Against
Invesco	0	1,984,007	0	Against
Advisers Investment Trust	0	1,156,621	0	Against
Columbia Threadneedle	909,236	0	0	For
ProShares	0	779,234	0	Against
DIAMOND HILL FUNDS	0	622,629	0	Against
Jackson National	503,142	56,657	0	For
Brighthouse	5,561	530,274	14,108	Against
Lincoln Financial	15,045	519,093	0	Against
PIONEER FUND /MA/	0	513,066	0	Against
American Century	0	475,528	0	Against
Equitable	5,955	462,190	0	Against
First Trust	0	467,867	0	Against
Thrivent	0	442,438	0	Against
T. Rowe Price	0	440,503	0	Against
Amplify ETF Trust	433,488	0	0	For
Victory Capital	414,089	5,175	0	For
Prudential/PGIM	415,705	3,340	0	For
DWS	0	346,866	0	Against

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

14. Shareholder Proposal - Lobbying Disclosure

OTHER SOCIAL ISSUES

Meeting held 2024-06-12.

Combines 5 wordings of this item as funds reported it.

5% fund support · no official result

AGAINST 94%

The 193 asset managers below cast 5% of the shares they voted on this item FOR (6,388,303 for, 113,572,726 against).

FOR: 6,388,303 (5.3%)AGAINST: 113,572,726 (94.5%)ABSTAIN: 273,328 (0.2%)NOT VOTED: 3,800 (0.0%)UNKNOWN: 513 (0.0%)

Largest asset managers voting on “Shareholder Proposal - Lobbying Disclosure” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	574,369	47,392,381	0	Against
Capital Group	0	29,071,154	0	Against
Fidelity	161,400	13,523,051	0	Against
State Street	21,256	4,147,807	0	Against
Charles Schwab	0	2,894,662	0	Against
Dimensional	0	2,381,558	0	Against
TIAA	0	2,292,049	0	Against
Invesco	0	1,984,007	0	Against
Advisers Investment Trust	0	1,156,621	0	Against
Columbia Threadneedle	909,236	0	0	For
ProShares	779,234	0	0	For
DIAMOND HILL FUNDS	0	622,629	0	Against
Jackson National	5,412	554,387	0	Against
Brighthouse	89,487	426,527	33,929	Against
Lincoln Financial	21,347	512,791	0	Against
PIONEER FUND /MA/	0	513,066	0	Against
American Century	0	475,528	0	Against
Equitable	5,955	462,190	0	Against
First Trust	145,333	322,534	0	Against
Thrivent	0	442,438	0	Against
T. Rowe Price	0	440,503	0	Against
Amplify ETF Trust	0	433,488	0	Against
Victory Capital	414,089	5,175	0	For
Prudential/PGIM	0	419,045	0	Against
DWS	346,866	0	0	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

15. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

39% fund support · no official result

FOR 39%AGAINST 61%

The 45 asset managers below cast 39% of the shares they voted on this item FOR (1,546,220 for, 2,419,355 against).

FOR: 1,546,220 (38.9%)AGAINST: 2,419,355 (60.9%)ABSTAIN: 4,151 (0.1%)UNKNOWN: 700 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
NORDEA INVESTMENT MANAGEMENT AB	0	1,016,250	0	Against
APG Asset Management US Inc.	0	911,850	0	Against
JPMorgan	416,725	0	0	For
TD ASSET MANAGEMENT INC	320,424	0	0	For
STOREBRAND ASSET MANAGEMENT AS	265,093	0	0	For
Tredje AP-fonden	0	235,048	0	Against
Cardano Risk Management B.V.	0	160,537	0	Against
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	112,346	0	0	For
Wesleyan Assurance Society	100,579	0	0	For
Swiss Life Asset Management Ltd	93,434	0	0	For
Desjardins Global Asset Management Inc.	0	80,031	0	Against
Empower	60,830	0	0	For
WAFRA INC.	41,881	0	0	For
Metzler Asset Management GmbH	37,230	0	0	For
iA Global Asset Management Inc.	15,092	0	0	For
Vinva Investment Management Ltd	14,410	0	0	For
ANDERSON HOAGLAND & CO	9,114	0	0	For
Hanson & Doremus Investment Management	8,357	0	0	For
CREDIT AGRICOLE S A	8,009	0	0	For
Brighthouse	7,933	0	0	For
Union Investment Institutional GmbH	0	6,151	0	Against
Symmetry Panoramic Trust	1,898	0	4,151	Abstain
Uniplan Investment Counsel, Inc.	5,448	0	0	For
OARSMAN CAPITAL, INC.	5,446	0	0	For
Genus Capital Management Inc.	0	4,639	0	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

16. Advisory Vote to Approve Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

Combines 7 wordings of this item as funds reported it.

85% fund support · no official result

FOR 85%AGAINST 15%

The 40 asset managers below cast 85% of the shares they voted on this item FOR (67,323 for, 11,943 against).

FOR: 67,323 (84.7%)AGAINST: 11,943 (15.0%)UNKNOWN: 250 (0.3%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Vote
Stockman Wealth Management, Inc.	29,085	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	11,670	Against
NAPLES GLOBAL ADVISORS, LLC	10,863	0	For
NATIONAL BANK TRUST INC.	7,474	0	For
Pine Valley Investments Ltd Liability Co	4,850	0	For
Rockingstone Advisors LLC	1,842	0	For
HOHIMER WEALTH MANAGEMENT, LLC	1,748	0	For
Pacifica Partners Inc.	1,707	0	For
BOSTON FINANCIAL MANGEMENT LLC	1,463	0	For
AdvisorShares Trust	1,300	0	For
HOLLENCREST CAPITAL MANAGEMENT	1,142	0	For
1620 INVESTMENT ADVISORS, INC.	955	0	For
Keel Point, LLC	933	0	For
Crewe Advisors LLC	470	0	For
First National Bank of Mount Dora, Trust Investment Services	444	0	For
Jackson Creek Investment Advisors LLC	427	0	For
Keystone Wealth Services, LLC	417	0	For
Brightwater Advisory LLC	319	0	For
TEALWOOD ASSET MANAGEMENT INC	319	0	For
L. Roy Papp & Associates, LLP	0	0	Unknown
LCM Capital Management Inc	0	248	Against
Moss Adams Wealth Advisors LLC	223	0	For
National Bank Financial Inc.	200	0	For
Loomis Sayles	191	0	For
Tacita Capital Inc	175	0	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

17. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

Combines 2 wordings of this item as funds reported it.

51.2% fund support · no official result

FOR 51.2%AGAINST 48.8%

The 25 asset managers below cast 51.2% of the shares they voted on this item FOR (102,426 for, 97,677 against).

FOR: 102,426 (51.2%)AGAINST: 97,677 (48.8%)

Largest asset managers voting on “14A Executive Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Vote
NICHOLS & PRATT ADVISERS LLP /MA	0	93,219	Against
Baker Avenue Asset Management, LP	44,812	0	For
OLD SECOND NATIONAL BANK OF AURORA	14,190	0	For
River Street Advisors LLC	8,967	0	For
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV	8,035	0	For
Penobscot Investment Management Company, Inc.	8,020	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	4,418	Against
Granite Investment Partners, LLC	3,876	0	For
GRIMES & COMPANY, INC.	2,934	0	For
BALLAST ADVISORS LLC	2,811	0	For
Waverly Advisors, LLC	2,206	0	For
Ramsay, Stattman, Vela & Price, Inc.	1,900	0	For
Lido Advisors, LLC	1,528	0	For
VALUED ADVISERS TRUST	1,150	0	For
PEDDOCK CAPITAL ADVISORS, LLC	755	0	For
Pinnacle Family Advisors, LLC	545	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	300	0	For
GYL FINANCIAL SYNERGIES, LLC	177	0	For
Mirae Asset Global Investments (USA) LLC	168	0	For
O'Brien Wealth Partners LLC	0	40	Against
HARBOUR INVESTMENT MANAGEMENT LLC	32	0	For
Sculati Wealth Management, LLC	20	0	For
Moisand Fitzgerald Tamayo, LLC	0	0	--
Port Capital LLC	0	0	--
Wallington Asset Management, LLC	0	0	--

18. Report on Lobbying Payments and Policy

OTHER SOCIAL ISSUES

Meeting held 2024-06-12.

0.7% fund support · no official result

AGAINST 99.3%

The 8 asset managers below cast 0.7% of the shares they voted on this item FOR (79,907 for, 11,977,656 against).

FOR: 79,907 (0.7%)AGAINST: 11,977,656 (99.3%)ABSTAIN: 4,151 (0.0%)

Largest asset managers voting on “Report on Lobbying Payments and Policy” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	14,960	11,194,394	0	Against
MASTER INVESTMENT PORTFOLIO	0	773,431	0	Against
Empower	60,830	0	0	For
Brighthouse	0	7,933	0	Against
Symmetry Panoramic Trust	0	1,898	4,151	Abstain
CIDEL ASSET MANAGEMENT INC	2,858	0	0	For
Milliman Variable Insurance Trust	1,069	0	0	For
Warren Street Wealth Advisors, LLC	190	0	0	For

19. Adopt Policy Prohibiting Directors from Simultaneously Sitting on the Board of Directors of Two Other Companies

COMPENSATIONCORPORATE GOVERNANCEOTHER SOCIAL ISSUES

Meeting held 2024-06-12.

0.1% fund support · no official result

AGAINST 99.9%

The 7 asset managers below cast 0.1% of the shares they voted on this item FOR (1,259 for, 12,053,446 against).

FOR: 1,259 (0.0%)AGAINST: 12,053,446 (100.0%)ABSTAIN: 4,151 (0.0%)

Largest asset managers voting on “Adopt Policy Prohibiting Directors from Simultaneously Sitting on the Board of Directors of Two Other Companie” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	11,209,354	0	Against
MASTER INVESTMENT PORTFOLIO	0	773,431	0	Against
Empower	0	60,830	0	Against
Brighthouse	0	7,933	0	Against
Symmetry Panoramic Trust	0	1,898	4,151	Abstain
Milliman Variable Insurance Trust	1,069	0	0	For
Warren Street Wealth Advisors, LLC	190	0	0	For

20. Require Independent Board Chair

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

0.7% fund support · no official result

AGAINST 99.3%

The 7 asset managers below cast 0.7% of the shares they voted on this item FOR (75,568 for, 11,979,137 against).

FOR: 75,568 (0.6%)AGAINST: 11,979,137 (99.3%)ABSTAIN: 4,151 (0.0%)

Largest asset managers voting on “Require Independent Board Chair” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	13,479	11,195,875	0	Against
MASTER INVESTMENT PORTFOLIO	0	773,431	0	Against
Empower	60,830	0	0	For
Brighthouse	0	7,933	0	Against
Symmetry Panoramic Trust	0	1,898	4,151	Abstain
Milliman Variable Insurance Trust	1,069	0	0	For
Warren Street Wealth Advisors, LLC	190	0	0	For

21. ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-11 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (14,482 for, 0 against).

FOR: 14,482 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION” at CATERPILLAR INC., 2023-2024
Asset manager	For	Vote
Argyle Capital Management, LLC	10,544	For
First County Bank /CT/	1,910	For
Foster Victor Wealth Advisors, LLC	858	For
MBA Advisors LLC	727	For
Meixler Investment Management, Ltd.	443	For

22. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2024-06-12.

Combines 3 wordings of this item as funds reported it.

89% fund support · no official result

FOR 89%11%

The 5 asset managers below cast 89% of the shares they voted on this item FOR (2,109 for, 273 against).

FOR: 2,109 (88.5%)AGAINST: 273 (11.5%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Vote
VALUED ADVISERS TRUST	1,150	0	For
Virtus	593	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	300	273	For
DOCK STREET ASSET MANAGEMENT INC	34	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	32	0	For

23. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2024-06-12.

100% fund support · no official result

FOR 95%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (73,388 for, 0 against).

FOR: 73,388 (94.6%)ABSTAIN: 4,151 (5.4%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at CATERPILLAR INC., 2023-2024
Asset manager	For	Abstain	Vote
Empower	60,830	0	For
Brighthouse	7,933	0	For
Symmetry Panoramic Trust	1,898	4,151	Abstain
Milliman Variable Insurance Trust	2,537	0	For
Warren Street Wealth Advisors, LLC	190	0	For

24. S/H Proposal - Corporate Governance

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

Combines 3 wordings of this item as funds reported it.

3% fund support · no official result

AGAINST 86%11%

The 4 asset managers below cast 3% of the shares they voted on this item FOR (300 for, 8,861 against).

FOR: 300 (2.9%)AGAINST: 8,861 (85.7%)ABSTAIN: 1,182 (11.4%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
Members Trust Co	0	8,861	0	Against
VALUED ADVISERS TRUST	0	0	1,150	Abstain
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	300	0	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	32	Abstain

25. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2024-06-12.

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.

Combines 2 wordings of this item as funds reported 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 CATERPILLAR INC., 2023-2024
Asset manager	For	Vote
VALUED ADVISERS TRUST	1,150	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	573	For
HARBOUR INVESTMENT MANAGEMENT LLC	288	For

26. S/H Proposal - Establish Independent Chairman

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 20%ABSTAIN 80%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (300 for, 0 against).

FOR: 300 (20.2%)ABSTAIN: 1,182 (79.8%)

Largest asset managers voting on “S/H Proposal - Establish Independent Chairman” at CATERPILLAR INC., 2023-2024
Asset manager	For	Abstain	Vote
VALUED ADVISERS TRUST	0	1,150	Abstain
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	300	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	32	Abstain

27. S/H Proposal - Political/Government

CORPORATE GOVERNANCE

Meeting held 2024-06-12.

Combines 2 wordings of this item as funds reported it.

52.4% fund support · no official result

FOR 17%AGAINST 16%ABSTAIN 67%

The 3 asset managers below cast 52.4% of the shares they voted on this item FOR (300 for, 273 against).

FOR: 300 (17.1%)AGAINST: 273 (15.6%)ABSTAIN: 1,182 (67.4%)

Largest asset managers voting on “S/H Proposal - Political/Government” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Vote
VALUED ADVISERS TRUST	0	0	1,150	Abstain
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	300	273	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	32	Abstain

28. Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

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 (3,463 for, 0 against).

FOR: 3,463 (100.0%)

Largest asset managers voting on “Executive Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
NAPA WEALTH MANAGEMENT	2,863	0	0	0	For
Osher Van de Voorde Investment Management	600	0	0	0	For

29. Advisory Vote to Approve Executive H

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (12,103 for, 0 against).

FOR: 12,103 (100.0%)

Largest asset managers voting on “Advisory Vote to Approve Executive H” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
JAMES ADVANTAGE FUNDS	10,762	0	0	0	For
Northern Lights Fund Trust	1,341	0	0	0	For

30. Compensation

COMPENSATION

Meeting held 2024-06-12.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (11,301 for, 0 against).

FOR: 11,301 (100.0%)

Largest asset managers voting on “Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	8,861	0	0	0	For
Capital Group	2,440	0	0	0	For

31. PROPOSAL 3 – ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

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 (26,646 for, 0 against).

FOR: 26,646 (100.0%)

Largest asset managers voting on “PROPOSAL 3 – ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
IPConcept (Luxemburg) S.A.	26,153	0	0	0	For
Sandhill Capital Partners LLC	493	0	0	0	For

32. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2023-06-14; no official results on file for that date (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

100% fund support · no official result

FOR 98%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (170 for, 0 against).

FOR: 170 (98.3%)UNKNOWN: 3 (1.7%)

Largest asset managers voting on “14A Executive Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Kesler, Norman & Wride, LLC	170	0	0	0	For
Evergreen Wealth Management, LLC	0	0	0	0	Unknown

33. 14A Executive Compensation Vote Frequency

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2023-06-14; no official results on file for that date (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (170 for, 0 against).

FOR: 170 (100.0%)

Largest asset managers voting on “14A Executive Compensation Vote Frequency” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Kesler, Norman & Wride, LLC	170	0	0	0	For
Evergreen Wealth Management, LLC	0	0	0	0	--

34. Advisoy Vote to Approve Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-12.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (36,672 for, 0 against).

FOR: 36,672 (100.0%)

Largest asset managers voting on “Advisoy Vote to Approve Executive Compensation” at CATERPILLAR INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Orion Porfolio Solutions, LLC	18,336	0	0	0	For
Orion Portfolio Solutions, LLC	18,336	0	0	0	For

Largest CATERPILLAR INC. shareholders voting in 2023-2024

Ranked by the number of CATERPILLAR INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 489,300,000 shares outstanding at the time of that meeting.

Top CATERPILLAR INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	Capital Group	11.83%
2	Vanguard	10.26%
3	BlackRock	5.07%
4	Fidelity	3.88%
5	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	3.62%
6	State Street	3.34%
7	MBA Advisors LLC	3.28%
8	GEODE CAPITAL MANAGEMENT, LLC	2.09%
9	Fisher Asset Management, LLC	1.63%
10	Northern Trust	1.34%

Reported CATERPILLAR INC. ownership

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

CATERPILLAR INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.39%	13F
State Street	7.64%	13F
BlackRock	7.01%	13F
Geode Capital	2.09%	13F
Morgan Stanley	1.48%	13F
Northern Trust	1.31%	13F
Norges Bank	1.06%	13F
BNY Mellon	0.74%	13F
Citadel Advisors	0.73%	13F
JPMorgan Chase	0.72%	13F

Percentages above are of 489,300,000 shares outstanding, as reported by CATERPILLAR INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 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 CATERPILLAR INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At CATERPILLAR INC.'s shareholder meeting held 2024-06-12, in the 2023-2024 proxy season, 1,374 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,184 separate fund positions. Their filings are grouped here into 34 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. CATERPILLAR 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 — Advisory vote to Approve Named Executive Officer Compensation — 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.

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