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ELI LILLY AND CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and ELI LILLY AND CO.’s Form 8-K, filed 2025-05-08 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 22Reported items
  • 1,722Asset managers
  • 15,385Fund votes
  • 2025-05-05Meeting date

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

Explore ELI LILLY AND CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by ELI LILLY AND CO.

These tallies are ELI LILLY AND CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-08 (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.

ELI LILLY AND CO. — official shareholder meeting results, meeting held 2025-05-05
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Ralph Alvarez 724,174,31836,267,076725,465 --85,489,120 Majority: yes
Elect Director: Mary Lynne Hedley 754,599,9845,904,923661,952 --85,489,120 Majority: yes
Elect Director: Kimberly Johnson 756,799,5703,694,183673,106 --85,489,120 Majority: yes
Elect Director: Juan Luciano 726,529,63933,547,2861,089,934 --85,489,120 Majority: yes
b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers: 731,376,57728,008,8771,781,405 --85,489,120 Majority: yes
c) The appointment of Ernst & Young LLP as the Company's independent auditor for 2025 was ratified by the following shareholder vote: 805,143,43840,773,622738,919 ---- Majority: yes
d) The proposal to amend the Company's Articles of Incorporation (the "Articles") to eliminate the classified board structure did not receive the required vote of 80% of outstanding shares. 658,827,716100,815,6771,523,466 --85,489,120 Majority: yes
e) The proposal to amend the Articles to eliminate supermajority voting provisions did not receive the required vote of 80% of outstanding shares. 655,797,749103,931,9901,437,120 --85,489,120 Majority: yes

Source: ELI LILLY AND CO., Form 8-K, filed with the SEC on 2025-05-08 — read the filing on EDGAR.

How asset managers voted at the ELI LILLY AND CO. 2024-2025 meeting

Each item below shows how the 1,722 asset managers that disclosed a ELI LILLY AND 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 ELI LILLY AND 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. Approval, on an advisory basis, of the compensation paid to the company's named executive officers.

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

Meeting held 2025-05-05.

Combines 57 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 731,376,577AGAINST: 28,008,877

ELI LILLY AND CO.’s own tally for this item (“b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers:”): 731,376,577 for, 28,008,877 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 77% for, 3% against (80% of the company cast a for/against vote).

The 1,645 asset managers below cast 97% of the shares they voted on this item FOR (740,475,027 for, 19,073,062 against).

FOR 97%
FOR: 740,475,027 (97.4%)AGAINST: 19,073,062 (2.5%)ABSTAIN: 287,648 (0.0%)NOT VOTED: 59,957 (0.0%)UNKNOWN: 10,249 (0.0%)0: 1,569 (0.0%)
Largest asset managers voting on “Approval, on an advisory basis, of the compensation paid to the company's named executive officers.” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard98,335,2990 00For
LILLY ENDOWMENT INC96,236,9780 00For
Capital Group62,765,9950 00For
Fidelity61,173,8050 00For
BlackRock52,440,4692,752 00For
T. Rowe Price30,396,81296,703 00For
State Street29,879,8410 00For
GEODE CAPITAL MANAGEMENT, LLC17,630,2910 00For
Capital Research Global Investors15,100,8540 00For
PRIMECAP MANAGEMENT CO/CA/14,751,8500 00For
JPMorgan14,057,1490 00For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO12,605,1050 00For
Wellington12,403,3390 00For
Charles Schwab10,428,6780 00For
Northern Trust8,497,9920 00For
AllianceBernstein5,394,2470 00For
UBS5,302,35768,927 00For
Invesco5,296,6860 00For
Fisher Asset Management, LLC5,226,3400 00For
Nuveen5,185,9690 00For
TIAA4,975,5700 00For
JENNISON ASSOCIATES LLC4,624,5750 00For
Janus Henderson4,336,7790 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
MELLON INVESTMENTS Corp3,687,7320 00For

Showing the 25 largest of 1,645 asset managers. See all 1,645 in the interactive database.

2. Ratification of the appointment of Ernst & Young LLP as the independent auditor for 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 12 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 805,143,438AGAINST: 40,773,622

ELI LILLY AND CO.’s own tally for this item (“c) The appointment of Ernst & Young LLP as the Company's independent auditor for 2025 was ratified by the following shareholder vote:”): 805,143,438 for, 40,773,622 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 85% for, 4% against (89% of the company cast a for/against vote).

The 279 asset managers below cast 99.7% of the shares they voted on this item FOR (270,863,756 for, 804,450 against).

FOR 99.6%
FOR: 270,863,756 (99.7%)AGAINST: 804,450 (0.3%)ABSTAIN: 48,936 (0.0%)UNKNOWN: 1,040 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as the independent auditor for 2025.” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,744,9230 00For
T. Rowe Price10,049,5630 00For
State Street8,339,808100 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,202,7513,317 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

Showing the 25 largest of 279 asset managers. See all 279 in the interactive database.

3. Approval of amendments to the company's Articles of Incorporation to eliminate supermajority voting provisions.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 12 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%14%
FOR: 655,797,749AGAINST: 103,931,990

ELI LILLY AND CO.’s own tally for this item (“e) The proposal to amend the Articles to eliminate supermajority voting provisions did not receive the required vote of 80% of outstanding shares.”): 655,797,749 for, 103,931,990 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 69% for, 11% against (80% of the company cast a for/against vote).

The 278 asset managers below cast 99.9% of the shares they voted on this item FOR (271,704,385 for, 13,688 against).

FOR 99.9%
FOR: 271,704,385 (100.0%)AGAINST: 13,688 (0.0%)ABSTAIN: 110 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Approval of amendments to the company's Articles of Incorporation to eliminate supermajority voting provisions” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,731,87213,051 00For
T. Rowe Price10,049,5630 00For
State Street8,339,9080 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,206,0680 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

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

4. Election of the following directors, each to serve a three-year term: Ralph Alvarez

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 724,174,318AGAINST: 36,267,076

ELI LILLY AND CO.’s own tally for this item (“Elect Director: Ralph Alvarez”): 724,174,318 for, 36,267,076 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 76% for, 4% against (80% of the company cast a for/against vote).

The 273 asset managers below cast 99.6% of the shares they voted on this item FOR (270,785,452 for, 854,165 against).

FOR 99.6%
FOR: 270,785,452 (99.7%)AGAINST: 854,165 (0.3%)ABSTAIN: 48,947 (0.0%)UNKNOWN: 10,249 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Election of the following directors, each to serve a three-year term: Ralph Alvarez” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,744,9230 00For
T. Rowe Price10,014,76334,800 00For
State Street8,339,808100 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,206,0680 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

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

5. Election of the following directors, each to serve a three-year term: Mary Lynne Hedley

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 9 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 754,599,984AGAINST: 5,904,923

ELI LILLY AND CO.’s own tally for this item (“Elect Director: Mary Lynne Hedley”): 754,599,984 for, 5,904,923 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 80% for, 0.7% against (80% of the company cast a for/against vote).

The 273 asset managers below cast 99% of the shares they voted on this item FOR (268,559,542 for, 3,080,078 against).

FOR 99%
FOR: 268,559,542 (98.8%)AGAINST: 3,080,078 (1.1%)ABSTAIN: 48,944 (0.0%)UNKNOWN: 10,249 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Election of the following directors, each to serve a three-year term: Mary Lynne Hedley” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,744,9230 00For
T. Rowe Price10,014,76334,800 00For
State Street8,339,9080 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional02,898,070 00Against
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,931,28016,971 00For
Invesco1,923,9830 00For
Prudential/PGIM1,797,19917,680 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,206,0680 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

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

6. Election of the following directors, each to serve a three-year term: Kimberly Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 9 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 756,799,570AGAINST: 3,694,183

ELI LILLY AND CO.’s own tally for this item (“Elect Director: Kimberly Johnson”): 756,799,570 for, 3,694,183 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 80% for, 0.4% against (80% of the company cast a for/against vote).

The 273 asset managers below cast 99.7% of the shares they voted on this item FOR (270,829,206 for, 810,414 against).

FOR 99.6%
FOR: 270,829,206 (99.7%)AGAINST: 810,414 (0.3%)ABSTAIN: 48,945 (0.0%)UNKNOWN: 10,249 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Election of the following directors, each to serve a three-year term: Kimberly Johnson” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,744,9230 00For
T. Rowe Price10,014,76334,800 00For
State Street8,339,9080 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,206,0680 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

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

7. Election of the following directors, each to serve a three-year term: Juan Luciano

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 9 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 726,529,639AGAINST: 33,547,286

ELI LILLY AND CO.’s own tally for this item (“Elect Director: Juan Luciano”): 726,529,639 for, 33,547,286 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 77% for, 4% against (80% of the company cast a for/against vote).

The 273 asset managers below cast 99.2% of the shares they voted on this item FOR (269,628,112 for, 2,011,473 against).

FOR 99.2%
FOR: 269,628,112 (99.2%)AGAINST: 2,011,473 (0.7%)ABSTAIN: 48,979 (0.0%)UNKNOWN: 10,249 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Election of the following directors, each to serve a three-year term: Juan Luciano” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,359,9855,551 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,736,2978,626 00For
T. Rowe Price10,014,76334,800 00For
State Street8,339,9080 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,204,8181,250 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

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

8. Approval of amendments to the company's Articles of Incorporation to eliminate the classified board structure.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-05-05.

Combines 9 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%
FOR: 658,827,716AGAINST: 100,815,677

ELI LILLY AND CO.’s own tally for this item (“d) The proposal to amend the Company's Articles of Incorporation (the "Articles") to eliminate the classified board structure did not receive the required vote of 80% of outstanding shares.”): 658,827,716 for, 100,815,677 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 70% for, 11% against (80% of the company cast a for/against vote).

The 269 asset managers below cast 99.9% of the shares they voted on this item FOR (271,092,874 for, 383 against).

FOR 99.9%
FOR: 271,092,874 (100.0%)AGAINST: 383 (0.0%)ABSTAIN: 115 (0.0%)NOT VOTED: 925 (0.0%)
Largest asset managers voting on “Approval of amendments to the company's Articles of Incorporation to eliminate the classified board structure.” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard93,365,5360 00For
Fidelity35,707,2370 00For
Capital Group33,768,8690 00For
BlackRock23,744,9230 00For
T. Rowe Price10,049,5630 00For
State Street8,339,9080 00For
Charles Schwab5,140,8500 00For
TIAA4,889,2720 00For
INVESTMENT CO OF AMERICA4,312,0550 00For
JPMorgan4,274,9510 00For
AMCAP FUND3,235,9230 00For
Dimensional2,898,0700 00For
JANUS INVESTMENT FUND2,884,7890 00For
Jackson National1,948,2510 00For
Invesco1,923,9830 00For
Prudential/PGIM1,814,8790 00For
Columbia Threadneedle1,353,2400 00For
American Century1,300,0100 00For
PRIMECAP Odyssey Funds1,286,0550 00For
MASTER INVESTMENT PORTFOLIO1,236,9830 00For
ADVISORS' INNER CIRCLE FUND1,206,0680 00For
Putnam1,164,1720 00For
Six Circles Trust1,088,4150 00For
Victory Capital1,028,5480 00For
HARBOR FUNDS1,025,7170 00For

Showing the 25 largest of 269 asset managers. See all 269 in the interactive database.

9. Section 14a Executive Compensation

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

Meeting held 2025-05-05.

96% Majority: yes · of votes cast

FOR 96%
FOR: 731,376,577AGAINST: 28,008,877

ELI LILLY AND CO.’s own tally for this item (“b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers:”): 731,376,577 for, 28,008,877 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 77% for, 3% against (80% of the company cast a for/against vote).

The 28 asset managers below cast 88% of the shares they voted on this item FOR (94,021 for, 13,159 against).

FOR 83%12%
FOR: 94,021 (82.7%)AGAINST: 13,159 (11.6%)NOT VOTED: 6,441 (5.7%)
Largest asset managers voting on “Section 14a Executive Compensation” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Focus Partners Wealth23,3127,863 00For
Baker Avenue Asset Management, LP17,7560 00For
Simplify Exchange Traded Funds17,3180 00For
Blue Fin Capital, Inc.10,2410 00For
OLD SECOND NATIONAL BANK OF AURORA7,0430 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 00Not Voted
PEDDOCK CAPITAL ADVISORS, LLC5,1180 00For
Wallington Asset Management, LLC3,9280 00For
River Street Advisors LLC3,0910 00For
Campion Asset Management03,067 00Against
MATTERN CAPITAL MANAGEMENT, LLC2,4170 00For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV02,229 00Against
WESPAC Advisors SoCal, LLC8250 00For
VOISARD ASSET MANAGEMENT GROUP, INC.4900 00For
EAGLE GLOBAL ADVISORS LLC4440 00For
Claret Asset Management Corp4310 00For
COURIER CAPITAL LLC3770 00For
Williamson Legacy Group, LLC3150 00For
Ballew Advisors, Inc1790 00For
Moisand Fitzgerald Tamayo, LLC1750 00For
MOLLER WEALTH PARTNERS1550 00For
Mirae Asset Global Investments (USA) LLC1310 00For
Inlet Private Wealth, LLC1240 00For
IMA Advisory Services, Inc.670 00For
NORTHERN LIGHTS FUND TRUST III330 00For

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

10. Declassify the Board of Directors

CORPORATE GOVERNANCE

Meeting held 2025-05-05.

84% fund support · no official result

FOR 84%AGAINST 16%

The 16 asset managers below cast 84% of the shares they voted on this item FOR (327,984 for, 62,288 against).

FOR: 327,984 (84.0%)AGAINST: 62,288 (16.0%)
Largest asset managers voting on “Declassify the Board of Directors” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Empower108,7070 00For
GuideStone102,5940 00For
Erste Asset Management GmbH062,288 00Against
Brighthouse41,4660 00For
HC CAPITAL TRUST32,9160 00For
Tidal Trust III16,2380 00For
CLEARWATER INVESTMENT TRUST11,3490 00For
Lincoln Financial5,9240 00For
GreenFi Funds Trust5,6660 00For
VALUED ADVISERS TRUST1,7000 00For
NORTHERN LIGHTS FUND TRUST III7620 00For
RWC Asset Management LLP4930 00For
WORMSER FRERES GESTION890 00For
REDMONT WEALTH ADVISORS LLC510 00For
UNIFIED SERIES TRUST290 00For
OARSMAN CAPITAL, INC.00 00--

11. Approval, on an advisory basis, of the compensation paid to the company's named executive officers

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

Meeting held 2024-05-06 (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.

95% Majority: yes · of votes cast

FOR 95%
FOR: 734,022,954AGAINST: 38,576,757

ELI LILLY AND CO.’s own tally for this item (“b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers:”): 734,022,954 for, 38,576,757 against, per its Form 8-K filed 2024-05-09 (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 947,735,651 outstanding shares: 77% for, 4% against (82% of the company cast a for/against vote).

The 9 asset managers below cast 51.4% of the shares they voted on this item FOR (18,104 for, 17,090 against).

FOR 51.4%AGAINST 48.6%
FOR: 18,104 (51.4%)AGAINST: 17,090 (48.6%)
Largest asset managers voting on “Approval, on an advisory basis, of the compensation paid to the company's named executive officers” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC017,090 00Against
Americana Partners, LLC9,6970 00For
VAUGHAN DAVID INVESTMENTS LLC/IL2,4920 00For
Ipswich Investment Management Co., Inc.2,1770 00For
DIVIDEND ASSETS CAPITAL, LLC1,7150 00For
Seascape Capital Management1,5190 00For
Sky Investment Group LLC5000 00For
Axiom Financial Strategies, LLC40 00For
Echo45 Advisors LLC00 00--

12. Repeal of Classified Board

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-05.

87% Majority: yes · of votes cast

FOR 87%13%
FOR: 658,827,716AGAINST: 100,815,677

ELI LILLY AND CO.’s own tally for this item (“d) The proposal to amend the Company's Articles of Incorporation (the "Articles") to eliminate the classified board structure did not receive the required vote of 80% of outstanding shares.”): 658,827,716 for, 100,815,677 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 70% for, 11% against (80% of the company cast a for/against vote).

The 5 asset managers below cast 100% of the shares they voted on this item FOR (235,087 for, 0 against).

FOR 100%
FOR: 235,087 (100.0%)
Largest asset managers voting on “Repeal of Classified Board” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.225,1870 00For
Impact Asset Management GmbH9,3900 00For
Northern Lights Fund Trust IV3400 00For
PACE SELECT ADVISORS TRUST1160 00For
Virtus540 00For

13. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-05.

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

100% fund support · no official result

FOR 100%

The 4 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 ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Simplify Exchange Traded Funds17,3180 00For
VOISARD ASSET MANAGEMENT GROUP, INC.4900 00For
Williamson Legacy Group, LLC3150 00For
NORTHERN LIGHTS FUND TRUST III330 00For

14. COMPENSATION

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

Meeting held 2025-05-05.

96% Majority: yes · of votes cast

FOR 96%
FOR: 731,376,577AGAINST: 28,008,877

ELI LILLY AND CO.’s own tally for this item (“b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers:”): 731,376,577 for, 28,008,877 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 77% for, 3% against (80% of the company cast a for/against vote).

The 3 asset managers below cast 100% of the shares they voted on this item FOR (4,767 for, 0 against).

FOR 100%
FOR: 4,767 (100.0%)
Largest asset managers voting on “COMPENSATION” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group3,9200 00For
Members Trust Co7170 00For
Blue Sky Capital Consultants Group, Inc.1300 00For

15. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-05-05.

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 (1,168 for, 0 against).

FOR: 1,168 (100.0%)
Largest asset managers voting on “Director Elections” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Members Trust Co7170 00For
Ballew Advisors, Inc4510 00For

16. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-05.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (31,050 for, 0 against).

FOR: 31,050 (100.0%)
Largest asset managers voting on “Executive Salary” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Northside Capital Management, LLC17,6250 00For
Bell & Brown Wealth Advisors, LLC13,4250 00For

17. SECTION 14A SAY-ON-PAY VOTES

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

Meeting held 2025-05-05.

96% Majority: yes · of votes cast

FOR 96%
FOR: 731,376,577AGAINST: 28,008,877

ELI LILLY AND CO.’s own tally for this item (“b) By the following vote, the shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers:”): 731,376,577 for, 28,008,877 against, per its Form 8-K filed 2025-05-08 (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 947,735,651 outstanding shares: 77% for, 3% against (80% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (654 for, 0 against).

FOR 100%
FOR: 654 (100.0%)
Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at ELI LILLY AND CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Pinnacle Family Advisors, LLC6440 00For
Lido Advisors, LLC100 00For

Showing the 17 reported items with the widest manager coverage, of 22 in total. View every item.

Largest ELI LILLY AND CO. shareholders voting in 2024-2025

Ranked by the number of ELI LILLY AND CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 947,735,651 shares outstanding at the time of that meeting.

Top ELI LILLY AND CO. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.38%
2LILLY ENDOWMENT INC 10.15%
3Capital Group 6.62%
4Fidelity 6.45%
5BlackRock 5.53%
6T. Rowe Price 3.22%
7State Street 3.15%
8GEODE CAPITAL MANAGEMENT, LLC 1.86%
9Capital Research Global Investors 1.59%
10PRIMECAP MANAGEMENT CO/CA/ 1.56%

Reported ELI LILLY AND CO. ownership

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

ELI LILLY AND CO. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
THE PNC FINANCIAL SERVICES GROUP, INC. 5.40% 13G
State Street 3.63% 13F
FMR (Fidelity) 3.00% 13F
T. Rowe Price 2.02% 13F
Morgan Stanley 1.57% 13F
JPMorgan Chase 1.42% 13F
Wellington Management 1.34% 13F
Norges Bank 1.13% 13F
Eli Lilly and Company 0.67% 13D
BlackRock, Inc. <0.01% DEF14A

Percentages above are of 947,735,651 shares outstanding, as reported by ELI LILLY AND CO. on its Form 10-Q dated 2025-04-28 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ELI LILLY AND CO.’s 10-Q dated 2025-04-28. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At ELI LILLY AND CO.'s shareholder meeting held 2025-05-05, in the 2024-2025 proxy season, 1,722 asset managers reported how they voted in their SEC Form N-PX filings, covering 15,385 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. On the most widely held item on that ballot — Approval, on an advisory basis, of the compensation paid to the company's named executive… — FOR was 96% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: ELI LILLY AND CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-05-08.

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