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MARKEL GROUP INC. 2024-2025 Proxy Voting Records

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

20Reported items
725Asset managers
7,326Fund votes
2025-05-21Meeting date

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

Explore MARKEL GROUP INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by MARKEL GROUP INC.

These tallies are MARKEL GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

MARKEL GROUP INC. — official shareholder meeting results, meeting held 2025-05-21
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Mark M. Besca	9,308,796	113,595	14,804	--	1,472,982	Majority: yes
Elect Director: Lawrence A. Cunningham	8,773,437	641,297	22,461	--	1,472,982	Majority: yes
Elect Director: Thomas S. Gayner	9,201,312	221,678	14,205	--	1,472,982	Majority: yes
Elect Director: Greta J. Harris	9,234,874	187,573	14,748	--	1,472,982	Majority: yes
Elect Director: Morgan E. Housel	9,251,386	170,434	15,375	--	1,472,982	Majority: yes
Elect Director: Diane Leopold	9,343,152	81,283	12,760	--	1,472,982	Majority: yes
Elect Director: Steven A. Markel	9,165,120	256,198	15,877	--	1,472,982	Majority: yes
Elect Director: Jonathan E. Michael	9,401,560	20,710	14,925	--	1,472,982	Majority: yes
Elect Director: Harold L. Morrison, Jr.	9,354,739	68,633	13,823	--	1,472,982	Majority: yes
Elect Director: Michael O'Reilly	9,093,647	328,285	15,263	--	1,472,982	Majority: yes
Elect Director: A. Lynne Puckett	9,357,994	65,820	13,381	--	1,472,982	Majority: yes
Advisory Vote on Approval of Executive Compensation	9,197,809	197,286	42,100	--	1,472,982	Majority: yes
Ratification of Selection of KPMG LLP as Independent Registered Public Accounting Firm	10,230,334	656,685	23,158	--	--	Majority: yes
Shareholder Proposal - Report on Company's Greenhouse Gas Emissions	1,374,345	7,900,834	162,016	--	1,472,982	Majority: no
Shareholder Proposal - Simple Majority Vote	6,697,023	2,716,073	24,099	--	1,472,982	Majority: yes

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

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

Each item below shows how the 725 asset managers that disclosed a MARKEL GROUP 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 MARKEL GROUP 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 on approval of executive compensation.

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

Meeting held 2025-05-21.

Combines 20 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,197,809AGAINST: 197,286

MARKEL GROUP INC.’s own tally for this item (“Advisory Vote on Approval of Executive Compensation”): 9,197,809 for, 197,286 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 73% for, 2% against (74% of the company cast a for/against vote).

The 717 asset managers below cast 99% of the shares they voted on this item FOR (9,125,960 for, 132,244 against).

FOR 98%

FOR: 9,125,960 (98.4%)AGAINST: 132,244 (1.4%)ABSTAIN: 11,317 (0.1%)NOT VOTED: 2,481 (0.0%)A: 801 (0.0%)

Largest asset managers voting on “Advisory vote on approval of executive compensation.” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	1,229,633	108	0	For
PRINCIPAL GLOBAL INVESTORS	507,569	0	0	For
Principal	411,802	0	0	For
DAVIS SELECTED ADVISERS	396,479	0	0	For
ATLANTA CAPITAL MANAGEMENT CO L L C	371,103	0	0	For
State Street	270,392	0	0	For
T. Rowe Price	258,892	0	0	For
Eaton Vance	256,437	0	0	For
Fidelity	218,978	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	216,057	0	0	For
Boston Partners	213,574	0	0	For
Select Equity Group, L.P.	186,122	0	0	For
BlackRock	177,270	0	0	For
DAVENPORT & Co LLC	145,112	0	0	For
John Hancock	144,308	0	0	For
First Trust	139,941	254	1	For
Jana Partners	133,492	0	0	For
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.	125,045	0	0	For
Charles Schwab	121,801	0	0	For
Wellington	110,313	0	0	For
Epoch Investment Partners, Inc.	105,413	0	0	For
Dimensional	104,181	0	0	For
Madison Avenue Partners, LP	91,357	0	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	0	For
Northern Trust	77,713	0	0	For

Showing the 25 largest of 717 asset managers. See all 717 in the interactive database.

2. Election of Directors: A. Lynne Puckett

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 6 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 9,357,994AGAINST: 65,820

MARKEL GROUP INC.’s own tally for this item (“Elect Director: A. Lynne Puckett”): 9,357,994 for, 65,820 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 74% for, 0.6% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.9% of the shares they voted on this item FOR (3,576,177 for, 1,175 against).

FOR 99.9%

FOR: 3,576,177 (100.0%)AGAINST: 1,175 (0.0%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: A. Lynne Puckett” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,586	0	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,488	1	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

3. Election of Directors: Diane Leopold

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 6 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 9,343,152AGAINST: 81,283

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Diane Leopold”): 9,343,152 for, 81,283 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 74% for, 0.7% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.9% of the shares they voted on this item FOR (3,576,177 for, 1,175 against).

FOR 99.9%

FOR: 3,576,177 (100.0%)AGAINST: 1,175 (0.0%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Diane Leopold” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,586	0	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,488	1	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

4. Election of Directors: Greta J. Harris

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,234,874AGAINST: 187,573

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Greta J. Harris”): 9,234,874 for, 187,573 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 73% for, 1% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.3% of the shares they voted on this item FOR (3,554,910 for, 22,442 against).

FOR 99.3%

FOR: 3,554,910 (99.4%)AGAINST: 22,442 (0.6%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Greta J. Harris” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,478	108	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,486	3	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

5. Election of Directors: Harold L. Morrison, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 9,354,739AGAINST: 68,633

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Harold L. Morrison, Jr.”): 9,354,739 for, 68,633 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 74% for, 0.6% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.9% of the shares they voted on this item FOR (3,576,177 for, 1,175 against).

FOR 99.9%

FOR: 3,576,177 (100.0%)AGAINST: 1,175 (0.0%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Harold L. Morrison, Jr.” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,586	0	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,488	1	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

6. Election of Directors: Jonathan E. Michael

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 9,401,560AGAINST: 20,710

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Jonathan E. Michael”): 9,401,560 for, 20,710 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.9% of the shares they voted on this item FOR (3,576,187 for, 1,165 against).

FOR 99.9%

FOR: 3,576,187 (100.0%)AGAINST: 1,165 (0.0%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Jonathan E. Michael” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Vote
Vanguard	1,178,586	For
Principal	411,802	For
Eaton Vance	251,732	For
Fidelity	202,890	For
BlackRock	177,270	For
John Hancock	142,736	For
First Trust	139,489	For
T. Rowe Price	90,696	For
DAVIS NEW YORK VENTURE FUND INC	89,612	For
Dimensional	66,318	For
Charles Schwab	60,560	For
Prudential/PGIM	60,230	For
TOUCHSTONE STRATEGIC TRUST	56,359	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	For
DAVIS SERIES INC	48,157	For
Clipper Funds Trust	42,857	For
WILLIAMSBURG INVESTMENT TRUST	38,534	For
Davis Fundamental ETF Trust	32,856	For
Hartford	29,249	For
Capco Asset Management, LLC	27,039	For
SELECTED AMERICAN SHARES INC	24,158	For
TIAA	22,898	For
American Century	21,761	For
State Street	21,742	For
Transamerica	18,717	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

7. Election of Directors: Lawrence A. Cunningham

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 8,773,437AGAINST: 641,297

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Lawrence A. Cunningham”): 8,773,437 for, 641,297 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 69% for, 5% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.3% of the shares they voted on this item FOR (3,555,286 for, 22,066 against).

FOR 99.3%

FOR: 3,555,286 (99.4%)AGAINST: 22,066 (0.6%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Lawrence A. Cunningham” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,478	108	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,479	10	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

8. Election of Directors: Mark M. Besca

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 9,308,796AGAINST: 113,595

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Mark M. Besca”): 9,308,796 for, 113,595 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 73% for, 0.9% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.7% of the shares they voted on this item FOR (3,569,776 for, 7,576 against).

FOR 99.7%

FOR: 3,569,776 (99.8%)AGAINST: 7,576 (0.2%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Mark M. Besca” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,586	0	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,487	2	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

9. Election of Directors: Michael O'Reilly

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,093,647AGAINST: 328,285

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Michael O'Reilly”): 9,093,647 for, 328,285 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 72% for, 3% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.8% of the shares they voted on this item FOR (3,570,793 for, 6,559 against).

FOR 99.8%

FOR: 3,570,793 (99.8%)AGAINST: 6,559 (0.2%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Michael O'Reilly” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,478	108	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,484	5	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,741	1	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

10. Election of Directors: Morgan E. Housel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,251,386AGAINST: 170,434

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Morgan E. Housel”): 9,251,386 for, 170,434 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 73% for, 1% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.8% of the shares they voted on this item FOR (3,571,586 for, 5,765 against).

FOR 99.8%

FOR: 3,571,586 (99.8%)AGAINST: 5,765 (0.2%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Morgan E. Housel” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,478	108	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,486	2	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

11. Election of Directors: Steven A. Markel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 9,165,120AGAINST: 256,198

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Steven A. Markel”): 9,165,120 for, 256,198 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 72% for, 2% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.8% of the shares they voted on this item FOR (3,571,788 for, 5,564 against).

FOR 99.8%

FOR: 3,571,788 (99.8%)AGAINST: 5,564 (0.2%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Steven A. Markel” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,478	108	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,485	4	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,741	1	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

12. Election of Directors: Thomas S. Gayner

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 9,201,312AGAINST: 221,678

MARKEL GROUP INC.’s own tally for this item (“Elect Director: Thomas S. Gayner”): 9,201,312 for, 221,678 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 73% for, 2% against (74% of the company cast a for/against vote).

The 130 asset managers below cast 99.8% of the shares they voted on this item FOR (3,571,365 for, 5,986 against).

FOR 99.8%

FOR: 3,571,365 (99.8%)AGAINST: 5,986 (0.2%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Election of Directors: Thomas S. Gayner” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,586	0	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,486	2	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	59,985	245	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,742	0	For
Transamerica	18,717	0	For

Showing the 25 largest of 130 asset managers. See all 130 in the interactive database.

13. Shareholder proposal for simple majority vote.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 6 wordings of this item as funds reported it.

71% Majority: yes · of votes cast

FOR 71%AGAINST 29%

FOR: 6,697,023AGAINST: 2,716,073

MARKEL GROUP INC.’s own tally for this item (“Shareholder Proposal - Simple Majority Vote”): 6,697,023 for, 2,716,073 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 52.8% for, 21% against (74% of the company cast a for/against vote).

The 129 asset managers below cast 77% of the shares they voted on this item FOR (2,737,364 for, 839,937 against).

FOR 77%AGAINST 23%

FOR: 2,737,364 (76.5%)AGAINST: 839,937 (23.5%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Shareholder proposal for simple majority vote.” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,178,544	42	For
Principal	0	411,802	Against
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,443	45	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	0	89,612	Against
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	0	56,359	Against
FENIMORE ASSET MANAGEMENT TRUST	0	53,850	Against
DAVIS SERIES INC	0	48,157	Against
Clipper Funds Trust	0	42,857	Against
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	0	32,856	Against
Hartford	29,249	0	For
Capco Asset Management, LLC	0	27,039	Against
SELECTED AMERICAN SHARES INC	0	24,158	Against
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,711	31	For
Transamerica	18,717	0	For

Showing the 25 largest of 129 asset managers. See all 129 in the interactive database.

14. Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the year ending December 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 10,230,334AGAINST: 656,685

MARKEL GROUP INC.’s own tally for this item (“Ratification of Selection of KPMG LLP as Independent Registered Public Accounting Firm”): 10,230,334 for, 656,685 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 81% for, 5% against (86% of the company cast a for/against vote).

The 127 asset managers below cast 99.2% of the shares they voted on this item FOR (3,545,184 for, 27,183 against).

FOR 99.2%

FOR: 3,545,184 (99.2%)AGAINST: 27,183 (0.8%)ABSTAIN: 40 (0.0%)

Largest asset managers voting on “Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's in” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,157,324	21,262	For
Principal	411,802	0	For
Eaton Vance	251,732	0	For
Fidelity	202,890	0	For
BlackRock	177,270	0	For
John Hancock	142,736	0	For
First Trust	139,481	8	For
T. Rowe Price	90,696	0	For
DAVIS NEW YORK VENTURE FUND INC	89,612	0	For
Dimensional	66,318	0	For
Charles Schwab	60,560	0	For
Prudential/PGIM	60,230	0	For
TOUCHSTONE STRATEGIC TRUST	56,359	0	For
FENIMORE ASSET MANAGEMENT TRUST	53,850	0	For
DAVIS SERIES INC	48,157	0	For
Clipper Funds Trust	42,857	0	For
WILLIAMSBURG INVESTMENT TRUST	38,534	0	For
Davis Fundamental ETF Trust	32,856	0	For
Hartford	29,249	0	For
Capco Asset Management, LLC	27,039	0	For
SELECTED AMERICAN SHARES INC	24,158	0	For
TIAA	22,898	0	For
American Century	21,761	0	For
State Street	21,741	1	For
Transamerica	18,717	0	For

Showing the 25 largest of 127 asset managers. See all 127 in the interactive database.

15. Shareholder proposal for a report on the Company's greenhouse gas emissions.

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2025-05-21.

Combines 6 wordings of this item as funds reported it.

15% Majority: no · of votes cast

FOR 15%AGAINST 85%

FOR: 1,374,345AGAINST: 7,900,834

MARKEL GROUP INC.’s own tally for this item (“Shareholder Proposal - Report on Company's Greenhouse Gas Emissions”): 1,374,345 for, 7,900,834 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 11% for, 62% against (73% of the company cast a for/against vote).

The 125 asset managers below cast 2% of the shares they voted on this item FOR (67,081 for, 3,497,731 against).

AGAINST 98%

FOR: 67,081 (1.9%)AGAINST: 3,497,731 (98.0%)ABSTAIN: 5,519 (0.2%)

Largest asset managers voting on “Shareholder proposal for a report on the Company's greenhouse gas emissions.” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	21,262	1,157,324	0	Against
Principal	0	411,802	0	Against
Eaton Vance	0	251,732	0	Against
Fidelity	0	202,890	0	Against
BlackRock	2,950	174,320	0	Against
John Hancock	5,914	136,822	0	Against
First Trust	19	139,467	3	Against
T. Rowe Price	0	90,696	0	Against
DAVIS NEW YORK VENTURE FUND INC	0	89,612	0	Against
Dimensional	1,377	64,941	0	Against
Charles Schwab	0	60,560	0	Against
Prudential/PGIM	0	60,230	0	Against
TOUCHSTONE STRATEGIC TRUST	0	56,359	0	Against
FENIMORE ASSET MANAGEMENT TRUST	0	53,850	0	Against
DAVIS SERIES INC	0	48,157	0	Against
Clipper Funds Trust	0	42,857	0	Against
WILLIAMSBURG INVESTMENT TRUST	0	38,534	0	Against
Davis Fundamental ETF Trust	0	32,856	0	Against
Hartford	0	29,249	0	Against
Capco Asset Management, LLC	0	27,039	0	Against
SELECTED AMERICAN SHARES INC	0	24,158	0	Against
TIAA	22,898	0	0	For
American Century	0	21,761	0	Against
State Street	6	21,736	0	Against
Transamerica	56	18,661	0	Against

Showing the 25 largest of 125 asset managers. See all 125 in the interactive database.

16. Ratify Appointment of Independent Auditors

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 10,230,334AGAINST: 656,685

The 5 asset managers below cast 10% of the shares they voted on this item FOR (506 for, 4,481 against).

10%AGAINST 90%

FOR: 506 (10.1%)AGAINST: 4,481 (89.9%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	0	4,481	Against
AMERICAN BEACON FUNDS	391	0	For
Virtus	63	0	For
MARCO INVESTMENT MANAGEMENT LLC	50	0	For
Simplify Exchange Traded Funds	2	0	For

17. Disclose GHG Emissions from Underwriting, Insuring, and Investing

DIRECTOR ELECTIONS

Meeting held 2025-05-21.

32% fund support · no official result

FOR 32%AGAINST 68%

The 3 asset managers below cast 32% of the shares they voted on this item FOR (684 for, 1,442 against).

FOR: 684 (32.2%)AGAINST: 1,442 (67.8%)

Largest asset managers voting on “Disclose GHG Emissions from Underwriting, Insuring, and Investing” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
LITMAN GREGORY FUNDS TRUST	0	1,315	Against
AGF Investments Trust	684	0	For
GuideStone	0	127	Against

18. Shareholder Proposal Regarding Disclosure of GHG Emissions

ENVIRONMENT OR CLIMATE

Meeting held 2025-05-21.

99% fund support · no official result

FOR 99%

The 3 asset managers below cast 99% of the shares they voted on this item FOR (4,872 for, 63 against).

FOR: 4,872 (98.7%)AGAINST: 63 (1.3%)

Largest asset managers voting on “Shareholder Proposal Regarding Disclosure of GHG Emissions” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	4,481	0	For
AMERICAN BEACON FUNDS	391	0	For
Virtus	0	63	Against

19. Advisory vote on approval of executive compensation.

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

Meeting held 2024-05-22 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

88% Majority: yes · of votes cast

FOR 88%12%

FOR: 8,362,202AGAINST: 1,189,903

MARKEL GROUP INC.’s own tally for this item (“2 Advisory Vote on Approval of Executive Compensation”): 8,362,202 for, 1,189,903 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 12,684,687 outstanding shares: 66% for, 9% against (75% of the company cast a for/against vote).

The 3 asset managers below cast 58% of the shares they voted on this item FOR (73 for, 53 against).

FOR 58%AGAINST 42%

FOR: 73 (57.9%)AGAINST: 53 (42.1%)

Largest asset managers voting on “Advisory vote on approval of executive compensation.” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Vote
Axiom Financial Strategies, LLC	73	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	53	Against
Echo45 Advisors LLC	0	0	--

20. S/H Proposal - Election of Directors By Majority Vote

DIRECTOR ELECTIONS

Meeting held 2025-05-21.

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 (52 for, 0 against).

FOR: 52 (100.0%)

Largest asset managers voting on “S/H Proposal - Election of Directors By Majority Vote” at MARKEL GROUP INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
MARCO INVESTMENT MANAGEMENT LLC	50	0	0	0	For
Simplify Exchange Traded Funds	2	0	0	0	For

Largest MARKEL GROUP INC. shareholders voting in 2024-2025

Ranked by the number of MARKEL GROUP INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 12,684,687 shares outstanding at the time of that meeting.

Top MARKEL GROUP INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.69%
2	PRINCIPAL GLOBAL INVESTORS	4.00%
3	Principal	3.25%
4	DAVIS SELECTED ADVISERS	3.13%
5	ATLANTA CAPITAL MANAGEMENT CO L L C	2.93%
6	State Street	2.13%
7	T. Rowe Price	2.04%
8	Eaton Vance	2.02%
9	Fidelity	1.73%
10	GEODE CAPITAL MANAGEMENT, LLC	1.70%

Reported MARKEL GROUP INC. ownership

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

MARKEL GROUP INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock	6.04%	13F
Morgan Stanley	3.80%	13F
State Street	2.45%	13F
Norges Bank	1.19%	13F
Wellington Management	1.10%	13F
Dimensional Fund Advisors	0.94%	13F
Northern Trust	0.73%	13F
Charles Schwab	0.48%	13F

Percentages above are of 12,684,687 shares outstanding, as reported by MARKEL GROUP INC. on its Form 10-Q dated 2025-04-23 (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 MARKEL GROUP INC.’s 10-Q dated 2025-04-23. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At MARKEL GROUP INC.'s shareholder meeting held 2025-05-21, in the 2024-2025 proxy season, 725 asset managers reported how they voted in their SEC Form N-PX filings, covering 7,326 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. On the most widely held item on that ballot — Advisory vote on approval of executive compensation. — FOR was 98% 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: MARKEL GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

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