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MASTERCARD INC. 2024-2025 Proxy Voting Records

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

39Reported items
1,786Asset managers
34,229Fund votes
2025-06-24Meeting date

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

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

Official 2024-2025 meeting results reported by MASTERCARD INC.

These tallies are MASTERCARD 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.

MASTERCARD INC. — official shareholder meeting results, meeting held 2025-06-24
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Merit E. Janow	740,667,613	21,901,526	603,044	--	46,733,115	Majority: yes
Elect Director: Candido Bracher	761,662,758	909,924	599,501	--	46,733,115	Majority: yes
Elect Director: Richard K. Davis	748,504,611	14,062,466	605,106	--	46,733,115	Majority: yes
Elect Director: Julius Genachowski	727,075,382	35,495,883	600,918	--	46,733,115	Majority: yes
Elect Director: Choon Phong Goh	722,638,884	36,326,853	4,206,446	--	46,733,115	Majority: yes
Elect Director: Oki Matsumoto	737,916,169	24,659,480	596,534	--	46,733,115	Majority: yes
Elect Director: Michael Miebach	761,428,415	714,736	1,029,032	--	46,733,115	Majority: yes
Elect Director: Youngme Moon	760,548,363	2,028,410	595,410	--	46,733,115	Majority: yes
Elect Director: Rima Qureshi	740,756,975	21,818,484	596,724	--	46,733,115	Majority: yes
Elect Director: Gabrielle Sulzberger	758,310,205	3,871,916	990,062	--	46,733,115	Majority: yes
Elect Director: Harit Talwar	760,278,257	2,291,103	602,823	--	46,733,115	Majority: yes
Elect Director: Lance Uggla	756,598,672	5,949,476	624,035	--	46,733,115	Majority: yes
2 2. The holders of Class A common stock approved, on an advisory basis, Mastercard's executive compensation:	728,151,172	33,001,013	2,019,998	--	46,733,115	Majority: yes
Proposal 3: The holders of Class A common stock ratified the appointment of PricewaterhouseCoopers LLP as Mastercard's independent registered public accounting firm for 2025:	755,902,646	53,204,297	798,355	--	--	Majority: yes
Proposal 4: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability of officers as permitted by Delaware law:	662,061,357	100,251,673	859,153	--	46,733,115	Majority: yes
Proposal 5: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Industry Director concept:	761,676,460	516,556	979,167	--	46,733,115	Majority: yes
Proposal 6: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to implement other miscellaneous changes:	760,329,403	603,938	2,238,842	--	46,733,115	Majority: yes
Proposal 7: The holders of Class A common stock did not approve the stockholder proposal requesting a racial equity audit report:	86,422,286	666,765,723	9,984,174	--	46,733,115	Majority: no
Proposal 8: The holders of Class A common stock did not approve the stockholder proposal requesting a report on affirmative action risks:	3,041,529	756,555,755	3,574,899	--	46,733,115	Majority: no

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

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

Each item below shows how the 1,786 asset managers that disclosed a MASTERCARD 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 MASTERCARD 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 approval of Mastercard's executive compensation

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

Meeting held 2025-06-24.

Combines 28 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

MASTERCARD INC.’s own tally for this item (“2 2. The holders of Class A common stock approved, on an advisory basis, Mastercard's executive compensation:”): 728,151,172 for, 33,001,013 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 912,000,000 outstanding shares: 80% for, 4% against (83% of the company cast a for/against vote).

The 1,611 asset managers below cast 96% of the shares they voted on this item FOR (665,987,296 for, 26,156,430 against).

FOR 96%

FOR: 665,987,296 (96.0%)AGAINST: 26,156,430 (3.8%)ABSTAIN: 1,274,563 (0.2%)NOT VOTED: 110,800 (0.0%)0: 199 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “Advisory approval of Mastercard's executive compensation” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	88,036,780	35	2	For
Fidelity	57,376,745	0	0	For
BlackRock	54,764,871	6,693	0	For
Capital Group	45,839,694	0	0	For
T. Rowe Price	30,978,757	120,375	0	For
State Street	31,024,720	6,711	0	For
GEODE CAPITAL MANAGEMENT, LLC	19,264,568	0	0	For
Wellington	12,193,805	0	0	For
Charles Schwab	10,987,232	0	0	For
JPMorgan	10,568,188	0	0	For
Capital Research Global Investors	9,625,361	0	0	For
Invesco	8,422,633	0	0	For
Legal & General Investment Management Ltd	110,872	8,308,804	0	Against
Nuveen	8,091,703	0	0	For
American Century	8,045,533	0	0	For
Northern Trust	8,014,911	0	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	7,221,146	0	0	For
TIAA	6,883,094	0	0	For
Janus Henderson	6,539,027	0	0	For
UBS	5,322,925	345,421	0	For
JENNISON ASSOCIATES LLC	5,644,988	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
FRANKLIN ADVISERS INC	4,137,427	0	0	For
Putnam	4,055,016	0	0	For

Showing the 25 largest of 1,611 asset managers. See all 1,611 in the interactive database.

2. Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for Mastercard for 2025

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 12 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 755,902,646AGAINST: 53,204,297

MASTERCARD INC.’s own tally for this item (“Proposal 3: The holders of Class A common stock ratified the appointment of PricewaterhouseCoopers LLP as Mastercard's independent registered public accounting firm for 2025:”): 755,902,646 for, 53,204,297 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 912,000,000 outstanding shares: 83% for, 6% against (89% of the company cast a for/against vote).

The 301 asset managers below cast 99.4% of the shares they voted on this item FOR (277,907,347 for, 1,478,439 against).

FOR 99.4%

FOR: 277,907,347 (99.4%)AGAINST: 1,478,439 (0.5%)ABSTAIN: 59,243 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting ” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,310,688	458,194	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,751	142	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 301 asset managers. See all 301 in the interactive database.

3. Consideration of a stockholder proposal requesting a racial equity audit report

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-06-24.

Combines 10 wordings of this item as funds reported it.

11% Majority: no · of votes cast

11%AGAINST 89%

FOR: 86,422,286AGAINST: 666,765,723

MASTERCARD INC.’s own tally for this item (“Proposal 7: The holders of Class A common stock did not approve the stockholder proposal requesting a racial equity audit report:”): 86,422,286 for, 666,765,723 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 912,000,000 outstanding shares: 9% for, 73% against (83% of the company cast a for/against vote).

The 296 asset managers below cast 2% of the shares they voted on this item FOR (4,231,408 for, 272,832,368 against).

AGAINST 98%

FOR: 4,231,408 (1.5%)AGAINST: 272,832,368 (97.6%)ABSTAIN: 2,374,188 (0.8%)NOT VOTED: 2,504 (0.0%)

Largest asset managers voting on “Consideration of a stockholder proposal requesting a racial equity audit report” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	27,938	82,740,932	12	Against
Fidelity	0	35,503,790	0	Against
BlackRock	16,402	26,090,452	0	Against
Capital Group	0	23,303,145	0	Against
JPMorgan	0	10,070,928	0	Against
T. Rowe Price	0	9,457,628	0	Against
State Street	2,070	8,716,823	0	Against
TIAA	0	6,798,762	0	Against
Charles Schwab	0	5,345,664	0	Against
JANUS INVESTMENT FUND	0	4,544,090	0	Against
MFS	0	4,336,051	0	Against
Invesco	0	3,508,464	0	Against
American Century	0	3,484,977	0	Against
AMCAP FUND	0	3,323,903	0	Against
INVESTMENT CO OF AMERICA	0	3,159,888	0	Against
Franklin Custodian Funds	0	2,626,433	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	0	2,593,184	0	Against
Prudential/PGIM	0	1,970,937	0	Against
Parnassus	1,805,063	0	0	For
Putnam	0	1,607,973	0	Against
Principal	0	1,575,362	0	Against
HARBOR FUNDS	0	1,479,691	0	Against
Columbia Threadneedle	0	0	1,408,325	Abstain
Jackson National	0	1,362,349	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,327,254	0	Against

Showing the 25 largest of 296 asset managers. See all 296 in the interactive database.

4. Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Industry Director concept

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 10 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 761,676,460AGAINST: 516,556

MASTERCARD INC.’s own tally for this item (“Proposal 5: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Industry Director concept:”): 761,676,460 for, 516,556 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 912,000,000 outstanding shares: 84% for, 0.1% against (84% of the company cast a for/against vote).

The 295 asset managers below cast 99.9% of the shares they voted on this item FOR (279,340,092 for, 44 against).

FOR 99.9%

FOR: 279,340,092 (100.0%)AGAINST: 44 (0.0%)ABSTAIN: 91,117 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Indus” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,880	1	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 295 asset managers. See all 295 in the interactive database.

5. Consideration of a stockholder proposal requesting a report on affirmative action risks

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-06-24.

Combines 11 wordings of this item as funds reported it.

0.5% Majority: no · of votes cast

AGAINST 99.5%

FOR: 3,041,529AGAINST: 756,555,755

MASTERCARD INC.’s own tally for this item (“Proposal 8: The holders of Class A common stock did not approve the stockholder proposal requesting a report on affirmative action risks:”): 3,041,529 for, 756,555,755 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 912,000,000 outstanding shares: 0.4% for, 83% against (83% of the company cast a for/against vote).

The 295 asset managers below cast 0.2% of the shares they voted on this item FOR (320,230 for, 278,142,492 against).

AGAINST 99.5%

FOR: 320,230 (0.1%)AGAINST: 278,142,492 (99.5%)ABSTAIN: 965,295 (0.3%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “Consideration of a stockholder proposal requesting a report on affirmative action risks” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	3	82,768,875	4	Against
Fidelity	0	35,503,790	0	Against
BlackRock	0	26,106,854	0	Against
Capital Group	0	23,303,145	0	Against
JPMorgan	0	10,070,928	0	Against
T. Rowe Price	0	9,457,628	0	Against
State Street	0	8,718,893	0	Against
TIAA	0	6,798,762	0	Against
Charles Schwab	0	5,345,664	0	Against
JANUS INVESTMENT FUND	0	4,544,090	0	Against
MFS	0	4,336,051	0	Against
Invesco	0	3,508,464	0	Against
American Century	0	3,484,977	0	Against
AMCAP FUND	0	3,323,903	0	Against
INVESTMENT CO OF AMERICA	0	3,159,888	0	Against
Franklin Custodian Funds	0	2,626,433	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	0	2,593,184	0	Against
Prudential/PGIM	0	1,970,937	0	Against
Parnassus	0	1,805,063	0	Against
Putnam	0	1,607,973	0	Against
Principal	0	1,575,362	0	Against
HARBOR FUNDS	0	1,479,691	0	Against
Columbia Threadneedle	0	1,408,325	0	Against
Jackson National	0	1,362,349	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,327,254	0	Against

Showing the 25 largest of 295 asset managers. See all 295 in the interactive database.

6. Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability of officers as permitted by Delaware law

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 12 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%

FOR: 662,061,357AGAINST: 100,251,673

MASTERCARD INC.’s own tally for this item (“Proposal 4: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability of officers as permitted by Delaware law:”): 662,061,357 for, 100,251,673 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 912,000,000 outstanding shares: 73% for, 11% against (84% of the company cast a for/against vote).

The 294 asset managers below cast 91% of the shares they voted on this item FOR (255,094,208 for, 24,281,846 against).

FOR 91%9%

FOR: 255,094,208 (91.3%)AGAINST: 24,281,846 (8.7%)ABSTAIN: 54,638 (0.0%)NOT VOTED: 2,504 (0.0%)

Largest asset managers voting on “Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability ” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	81,933,319	835,562	1	For
Fidelity	34,895,492	608,298	0	For
BlackRock	26,082,866	23,988	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	0	10,070,928	0	Against
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,057	836	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,344,768	897	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	0	2,626,433	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	719,936	1,251,001	0	Against
Parnassus	0	1,805,063	0	Against
Putnam	1,607,973	0	0	For
Principal	1,575,300	62	0	For
HARBOR FUNDS	0	1,479,691	0	Against
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,326,621	35,728	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 294 asset managers. See all 294 in the interactive database.

7. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Merit E. Janow

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 740,667,613AGAINST: 21,901,526

MASTERCARD INC.’s own tally for this item (“Elect Director: Merit E. Janow”): 740,667,613 for, 21,901,526 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 912,000,000 outstanding shares: 81% for, 2% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.6% of the shares they voted on this item FOR (278,398,921 for, 970,814 against).

FOR 99.6%

FOR: 278,398,921 (99.6%)AGAINST: 970,814 (0.3%)ABSTAIN: 54,616 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Merit E. Janow” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,741,002	27,880	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,751	142	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

8. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Candido Bracher

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 8 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 761,662,758AGAINST: 909,924

MASTERCARD INC.’s own tally for this item (“Elect Director: Candido Bracher”): 761,662,758 for, 909,924 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 912,000,000 outstanding shares: 84% for, 0.1% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,354,057 for, 18,904 against).

FOR 99.9%

FOR: 279,354,057 (100.0%)AGAINST: 18,904 (0.0%)ABSTAIN: 54,615 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Candido Bracher” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,880	1	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

9. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Richard K. Davis

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 748,504,611AGAINST: 14,062,466

MASTERCARD INC.’s own tally for this item (“Elect Director: Richard K. Davis”): 748,504,611 for, 14,062,466 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 912,000,000 outstanding shares: 82% for, 2% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,219,166 for, 153,795 against).

FOR 99.9%

FOR: 279,219,166 (99.9%)AGAINST: 153,795 (0.1%)ABSTAIN: 54,616 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Richard K. Davis” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,867	14	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

10. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Julius Genachowski

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 727,075,382AGAINST: 35,495,883

MASTERCARD INC.’s own tally for this item (“Elect Director: Julius Genachowski”): 727,075,382 for, 35,495,883 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 912,000,000 outstanding shares: 80% for, 4% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.5% of the shares they voted on this item FOR (278,219,488 for, 1,153,473 against).

FOR 99.5%

FOR: 278,219,488 (99.6%)AGAINST: 1,153,473 (0.4%)ABSTAIN: 54,615 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Julius Genachowski” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,850	32	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,751	142	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

11. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Choon Phong Goh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 722,638,884AGAINST: 36,326,853

MASTERCARD INC.’s own tally for this item (“Elect Director: Choon Phong Goh”): 722,638,884 for, 36,326,853 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 912,000,000 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 293 asset managers below cast 99% of the shares they voted on this item FOR (275,506,176 for, 3,866,468 against).

FOR 99%

FOR: 275,506,176 (98.6%)AGAINST: 3,866,468 (1.4%)ABSTAIN: 54,933 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Choon Phong Goh” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,844	33	5	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,751	142	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,450,033	520,904	0	For
Parnassus	0	1,805,063	0	Against
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

12. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Oki Matsumoto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 9 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 737,916,169AGAINST: 24,659,480

MASTERCARD INC.’s own tally for this item (“Elect Director: Oki Matsumoto”): 737,916,169 for, 24,659,480 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 912,000,000 outstanding shares: 81% for, 3% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99% of the shares they voted on this item FOR (275,680,645 for, 3,692,316 against).

FOR 99%

FOR: 275,680,645 (98.7%)AGAINST: 3,692,316 (1.3%)ABSTAIN: 54,615 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Oki Matsumoto” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,863	18	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,450,033	520,904	0	For
Parnassus	0	1,805,063	0	Against
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

13. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Michael Miebach

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 8 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 761,428,415AGAINST: 714,736

MASTERCARD INC.’s own tally for this item (“Elect Director: Michael Miebach”): 761,428,415 for, 714,736 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 912,000,000 outstanding shares: 83% for, 0.1% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,354,035 for, 18,888 against).

FOR 99.9%

FOR: 279,354,035 (100.0%)AGAINST: 18,888 (0.0%)ABSTAIN: 54,653 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Michael Miebach” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,880	1	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

14. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Youngme Moon

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 7 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 760,548,363AGAINST: 2,028,410

MASTERCARD INC.’s own tally for this item (“Elect Director: Youngme Moon”): 760,548,363 for, 2,028,410 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 912,000,000 outstanding shares: 83% for, 0.3% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,249,408 for, 120,328 against).

FOR 99.9%

FOR: 279,249,408 (99.9%)AGAINST: 120,328 (0.0%)ABSTAIN: 54,615 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Youngme Moon” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,880	2	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

15. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Rima Qureshi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 740,756,975AGAINST: 21,818,484

MASTERCARD INC.’s own tally for this item (“Elect Director: Rima Qureshi”): 740,756,975 for, 21,818,484 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 912,000,000 outstanding shares: 81% for, 2% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,154,885 for, 214,850 against).

FOR 99.9%

FOR: 279,154,885 (99.9%)AGAINST: 214,850 (0.1%)ABSTAIN: 54,615 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Rima Qureshi” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,858	23	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,751	142	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

16. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Gabrielle Sulzberger

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 9 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 758,310,205AGAINST: 3,871,916

MASTERCARD INC.’s own tally for this item (“Elect Director: Gabrielle Sulzberger”): 758,310,205 for, 3,871,916 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 912,000,000 outstanding shares: 83% for, 0.5% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,224,989 for, 147,938 against).

FOR 99.9%

FOR: 279,224,989 (99.9%)AGAINST: 147,938 (0.1%)ABSTAIN: 54,650 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Gabrielle Sulzberger” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,877	4	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

17. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Harit Talwar

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 7 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 760,278,257AGAINST: 2,291,103

MASTERCARD INC.’s own tally for this item (“Elect Director: Harit Talwar”): 760,278,257 for, 2,291,103 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 912,000,000 outstanding shares: 83% for, 0.3% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,249,382 for, 120,353 against).

FOR 99.9%

FOR: 279,249,382 (99.9%)AGAINST: 120,353 (0.0%)ABSTAIN: 54,616 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Harit Talwar” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,879	2	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

18. ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Lance Uggla

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 7 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 756,598,672AGAINST: 5,949,476

MASTERCARD INC.’s own tally for this item (“Elect Director: Lance Uggla”): 756,598,672 for, 5,949,476 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 912,000,000 outstanding shares: 83% for, 0.7% against (84% of the company cast a for/against vote).

The 293 asset managers below cast 99.9% of the shares they voted on this item FOR (279,219,575 for, 150,157 against).

FOR 99.9%

FOR: 279,219,575 (99.9%)AGAINST: 150,157 (0.1%)ABSTAIN: 54,618 (0.0%)NOT VOTED: 2,504 (0.0%)UNKNOWN: 14 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Lance Uggla” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,876	6	1	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 293 asset managers. See all 293 in the interactive database.

19. Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to implement other miscellaneous changes

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2025-06-24.

Combines 14 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 760,329,403AGAINST: 603,938

MASTERCARD INC.’s own tally for this item (“Proposal 6: The holders of Class A common stock approved an amendment to Mastercard's Amended and Restated Certificate of Incorporation to implement other miscellaneous changes:”): 760,329,403 for, 603,938 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 912,000,000 outstanding shares: 83% for, 0.1% against (83% of the company cast a for/against vote).

The 290 asset managers below cast 99.9% of the shares they voted on this item FOR (278,618,387 for, 52 against).

FOR 99.9%

FOR: 278,618,387 (100.0%)AGAINST: 52 (0.0%)ABSTAIN: 54,759 (0.0%)NOT VOTED: 2,504 (0.0%)A: 14 (0.0%)

Largest asset managers voting on “Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to implement other ” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	82,768,879	1	3	For
Fidelity	35,503,790	0	0	For
BlackRock	26,106,854	0	0	For
Capital Group	23,303,145	0	0	For
JPMorgan	10,070,928	0	0	For
T. Rowe Price	9,457,628	0	0	For
State Street	8,718,893	0	0	For
TIAA	6,798,762	0	0	For
Charles Schwab	5,345,664	0	0	For
JANUS INVESTMENT FUND	4,544,090	0	0	For
MFS	4,336,051	0	0	For
Invesco	3,508,464	0	0	For
American Century	3,484,977	0	0	For
AMCAP FUND	3,323,903	0	0	For
INVESTMENT CO OF AMERICA	3,159,888	0	0	For
Franklin Custodian Funds	2,626,433	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	2,593,184	0	0	For
Prudential/PGIM	1,970,937	0	0	For
Parnassus	1,805,063	0	0	For
Putnam	1,607,973	0	0	For
Principal	1,575,362	0	0	For
HARBOR FUNDS	1,479,691	0	0	For
Columbia Threadneedle	1,408,325	0	0	For
Jackson National	1,362,349	0	0	For
MASTER INVESTMENT PORTFOLIO	1,327,254	0	0	For

Showing the 25 largest of 290 asset managers. See all 290 in the interactive database.

20. Advisory Vote to Ratify Named Executive Officers' Compensation

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

Meeting held 2025-06-24.

Combines 2 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 87 asset managers below cast 87% of the shares they voted on this item FOR (36,856,041 for, 5,290,433 against).

FOR 87%13%

FOR: 36,856,041 (87.4%)AGAINST: 5,290,433 (12.6%)ABSTAIN: 243 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	23,757,639	0	For
APG Asset Management US Inc.	3,360,020	0	For
NORDEA INVESTMENT MANAGEMENT AB	9,751	2,100,808	Against
Walter Scott & Partners Ltd	1,926,150	0	For
Union Investment Privatfonds GmbH	0	1,129,199	Against
FAYEZ SAROFIM & CO	914,013	0	For
ADAGE CAPITAL PARTNERS GP, L.L.C.	729,310	0	For
Mirova US LLC	0	702,925	Against
TD ASSET MANAGEMENT INC	702,711	0	For
Navera Investment Management Ltd.	660,096	0	For
Sarasin & Partners LLP	0	599,980	Against
Findlay Park Partners LLP	527,590	0	For
STOREBRAND ASSET MANAGEMENT AS	463,083	0	For
Cardano Risk Management B.V.	0	425,768	Against
MONTRUSCO BOLTON INVESTMENTS INC.	420,294	0	For
Ninety One UK Ltd	402,356	0	For
Metropolis Capital Ltd	358,769	0	For
Desjardins Global Asset Management Inc.	0	279,685	Against
Ownership Capital B.V.	260,799	0	For
iA Global Asset Management Inc.	204,942	0	For
GuideStone	196,075	0	For
DSM CAPITAL PARTNERS LLC	180,721	0	For
TD Waterhouse Canada Inc.	149,359	0	For
Close Asset Management Ltd	146,820	0	For
Metzler Asset Management GmbH	139,385	0	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

21. Section 14a Executive Compensation

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

Meeting held 2025-06-24.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 36 asset managers below cast 71% of the shares they voted on this item FOR (373,677 for, 151,280 against).

FOR 70%AGAINST 28%

FOR: 373,677 (69.6%)AGAINST: 151,280 (28.2%)ABSTAIN: 1,261 (0.2%)NOT VOTED: 10,801 (2.0%)A: 1 (0.0%)

Largest asset managers voting on “Section 14a Executive Compensation” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Focus Partners Wealth	133,548	125,346	0	For
Port Capital LLC	103,967	0	0	For
EAGLE GLOBAL ADVISORS LLC	27,063	0	0	For
Blue Fin Capital, Inc.	24,002	0	0	For
London & Capital Asset Management Ltd	22,872	0	0	For
Vancity Investment Management Ltd	0	17,787	0	Against
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	0	Not Voted
Interval Partners, LP	9,351	0	0	For
PEDDOCK CAPITAL ADVISORS, LLC	8,389	0	0	For
MATTERN CAPITAL MANAGEMENT, LLC	8,367	0	0	For
Blue Edge Capital, LLC	6,774	0	0	For
OLD SECOND NATIONAL BANK OF AURORA	6,636	0	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	6,147	0	Against
BOURNE LENT ASSET MANAGEMENT INC	4,998	0	0	For
In-Depth Partners, LLC	3,954	0	0	For
VALUED ADVISERS TRUST	3,000	0	0	For
River Street Advisors LLC	2,372	0	0	For
WILLIAMSBURG INVESTMENT TRUST	0	2,000	0	Against
IMA Advisory Services, Inc.	1,788	0	0	For
Baker Avenue Asset Management, LP	1,429	0	0	For
Inlet Private Wealth, LLC	1,373	0	0	For
Claret Asset Management Corp	1,288	0	0	For
Aristides Capital LLC	0	0	1,261	Abstain
ETF Opportunities Trust	1,020	0	0	For
Wallington Asset Management, LLC	469	0	0	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

22. Amend Certificate of Incorporation

CORPORATE GOVERNANCE

Meeting held 2025-06-24.

100% fund support · no official result

FOR 100%

The 12 asset managers below cast 100% of the shares they voted on this item FOR (758,055 for, 0 against).

FOR: 758,055 (100.0%)

Largest asset managers voting on “Amend Certificate of Incorporation” at MASTERCARD INC., 2024-2025
Asset manager	For	Vote
Ownership Capital B.V.	260,799	For
GuideStone	196,075	For
Erste Asset Management GmbH	124,336	For
Empower	120,279	For
HC CAPITAL TRUST	30,905	For
CLEARWATER INVESTMENT TRUST	11,805	For
Brighthouse	9,064	For
Northern Lights Fund Trust	2,515	For
Northern Lights Variable Trust	2,236	For
REDMONT WEALTH ADVISORS LLC	28	For
UNIFIED SERIES TRUST	13	For
Advisors' Inner Circle Fund III	0	--

23. Advisory approval of Mastercard's executive compensation

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

Meeting held 2024-06-18 (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: 742,872,818AGAINST: 36,415,274

MASTERCARD INC.’s own tally for this item (“Proposal 2: The holders of Class A common stock approved Mastercard's executive compensation on an advisory basis:”): 742,872,818 for, 36,415,274 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 912,000,000 outstanding shares: 81% for, 4% against (85% of the company cast a for/against vote).

The 11 asset managers below cast 100% of the shares they voted on this item FOR (47,721 for, 0 against).

FOR 100%

FOR: 47,721 (100.0%)

Largest asset managers voting on “Advisory approval of Mastercard's executive compensation” at MASTERCARD INC., 2024-2025
Asset manager	For	Vote
Sky Investment Group LLC	23,586	For
COLDSTREAM CAPITAL MANAGEMENT INC	15,520	For
Seascape Capital Management	2,215	For
Knuff & Co LLC	1,740	For
DIVIDEND ASSETS CAPITAL, LLC	1,703	For
Ipswich Investment Management Co., Inc.	1,396	For
First Trust	624	For
Americana Partners, LLC	528	For
VAUGHAN DAVID INVESTMENTS LLC/IL	385	For
Axiom Financial Strategies, LLC	24	For
Echo45 Advisors LLC	0	--

24. Say on Pay

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

Meeting held 2025-06-24.

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 7 asset managers below cast 100% of the shares they voted on this item FOR (1,876,435 for, 0 against).

FOR 100%

FOR: 1,876,435 (100.0%)

Largest asset managers voting on “Say on Pay” at MASTERCARD INC., 2024-2025
Asset manager	For	Vote
Valley Forge Capital Management, LP	1,484,772	For
Empower	362,608	For
CAPITAL MANAGEMENT CORP /VA	24,100	For
Wallace Capital Management Inc.	2,528	For
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV	1,823	For
Gibson Capital, LLC	509	For
Ramsay, Stattman, Vela & Price, Inc.	95	For

25. Advisory vote to Approve Named Executive Officer Compensation

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

Meeting held 2025-06-24.

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 7 asset managers below cast 99.3% of the shares they voted on this item FOR (23,348 for, 150 against).

FOR 99.3%

FOR: 23,348 (99.4%)AGAINST: 150 (0.6%)

Largest asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Vote
Parisi Gray Wealth Management	15,791	0	For
Alapocas Investment Partners, Inc.	4,377	0	For
ST GERMAIN D J CO INC	1,471	0	For
NTV ASSET MANAGEMENT LLC	1,304	0	For
EAGLE HARBOR ASSET MANAGEMENT INC /ADV	250	0	For
Cambridge Financial Group, Inc.	155	0	For
Garner Asset Management Corp	0	150	Against

26. Amend Articles-Board Related

OTHER

Meeting held 2025-06-24.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (13,776 for, 0 against).

FOR: 13,776 (100.0%)

Largest asset managers voting on “Amend Articles-Board Related” at MASTERCARD INC., 2024-2025
Asset manager	For	Vote
Grafton Street Partners Fund, LP	9,345	For
WILLIAMSBURG INVESTMENT TRUST	2,000	For
ETF Opportunities Trust	1,020	For
NORTHERN LIGHTS FUND TRUST III	858	For
VOISARD ASSET MANAGEMENT GROUP, INC.	463	For
Simplify Exchange Traded Funds	84	For
Williamson Legacy Group, LLC	6	For

27. Approve Director Liability Insurance

OTHER

Meeting held 2025-06-24.

Combines 2 wordings of this item as funds reported it.

75% fund support · no official result

FOR 75%AGAINST 25%

The 7 asset managers below cast 75% of the shares they voted on this item FOR (3,113 for, 1,038 against).

FOR: 3,113 (75.0%)AGAINST: 1,038 (25.0%)

Largest asset managers voting on “Approve Director Liability Insurance” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	2,000	0	For
ETF Opportunities Trust	1,020	0	For
MARCO INVESTMENT MANAGEMENT LLC	0	575	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	0	463	Against
Simplify Exchange Traded Funds	84	0	For
Williamson Legacy Group, LLC	6	0	For
NORTHERN LIGHTS FUND TRUST III	3	0	For

28. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-06-24.

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 6 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 MASTERCARD INC., 2024-2025
Asset manager	For	Vote
VALUED ADVISERS TRUST	3,000	For
WILLIAMSBURG INVESTMENT TRUST	2,000	For
VOISARD ASSET MANAGEMENT GROUP, INC.	463	For
Simplify Exchange Traded Funds	84	For
Williamson Legacy Group, LLC	6	For
NORTHERN LIGHTS FUND TRUST III	3	For

29. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-06-24.

Combines 2 wordings of this item as funds reported it.

10% fund support · no official result

10%AGAINST 90%

The 6 asset managers below cast 10% of the shares they voted on this item FOR (407 for, 3,483 against).

FOR: 407 (10.5%)AGAINST: 3,483 (89.5%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	2,000	Against
ETF Opportunities Trust	0	1,020	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	0	463	Against
Members Trust Co	317	0	For
Simplify Exchange Traded Funds	84	0	For
Williamson Legacy Group, LLC	6	0	For

30. S/H Proposal - Human Rights Related

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-06-24.

3% fund support · no official result

AGAINST 97%

The 6 asset managers below cast 3% of the shares they voted on this item FOR (93 for, 3,483 against).

FOR: 93 (2.6%)AGAINST: 3,483 (97.4%)

Largest asset managers voting on “S/H Proposal - Human Rights Related” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	2,000	Against
ETF Opportunities Trust	0	1,020	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	0	463	Against
Simplify Exchange Traded Funds	84	0	For
Williamson Legacy Group, LLC	6	0	For
NORTHERN LIGHTS FUND TRUST III	3	0	For

31. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-06-24.

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 (2,014 for, 0 against).

FOR: 2,014 (100.0%)

Largest asset managers voting on “Director Elections” at MASTERCARD INC., 2024-2025
Asset manager	For	Vote
X-Square Balanced Fund, LLC	1,430	For
Members Trust Co	317	For
Ballew Advisors, Inc	267	For

32. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-24.

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 (12,733 for, 0 against).

FOR: 12,733 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Lido Advisors, LLC	12,683	0	0	0	For
SWEENEY & MICHEL, LLC	50	0	0	0	For

33. COMPENSATION

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

Meeting held 2025-06-24.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,642 for, 0 against).

FOR 100%

FOR: 1,642 (100.0%)

Largest asset managers voting on “COMPENSATION” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Capital Group	1,325	0	0	0	For
Members Trust Co	317	0	0	0	For

34. Elect Director

DIRECTOR ELECTIONS

Meeting held 2025-06-24.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (10,200 for, 0 against).

FOR: 10,200 (100.0%)

Largest asset managers voting on “Elect Director” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Grafton Street Partners Fund, LP	9,345	0	0	0	For
NORTHERN LIGHTS FUND TRUST III	855	0	0	0	For

35. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-24.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (40 for, 0 against).

FOR: 40 (100.0%)

Largest asset managers voting on “Executive Salary” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Northside Capital Management, LLC	35	0	0	0	For
Bell & Brown Wealth Advisors, LLC	5	0	0	0	For

36. Issue Updated Indemnification, Liability and Exculpation Agreements for Directors

CORPORATE GOVERNANCE

Meeting held 2025-06-24.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (10,200 for, 0 against).

FOR: 10,200 (100.0%)

Largest asset managers voting on “Issue Updated Indemnification, Liability and Exculpation Agreements for Directors” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Grafton Street Partners Fund, LP	9,345	0	0	0	For
NORTHERN LIGHTS FUND TRUST III	855	0	0	0	For

37. Proposal requesting a racial equity audit report

AUDIT-RELATED

Meeting held 2025-06-24.

Combines 2 wordings of this item as funds reported it.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 422 against).

AGAINST: 422 (100.0%)

Largest asset managers voting on “Proposal requesting a racial equity audit report” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Ballew Advisors, Inc	0	267	0	0	Against
Cambridge Financial Group, Inc.	0	155	0	0	Against

38. To approve, by an advisory vote, the compensation of the Company's named executives

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

Meeting held 2025-06-24.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 2 asset managers below cast 100% of the shares they voted on this item FOR (75 for, 0 against).

FOR 100%

FOR: 75 (100.0%)

Largest asset managers voting on “To approve, by an advisory vote, the compensation of the Company's named executives” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
FPC INVESTMENT ADVISORY, INC.	40	0	0	0	For
AMJ Financial Wealth Management	35	0	0	0	For

39. Vote to approve matters related to the compensation of company executives.

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

Meeting held 2025-06-24.

96% Majority: yes · of votes cast

FOR 96%

FOR: 728,151,172AGAINST: 33,001,013

The 2 asset managers below cast 100% of the shares they voted on this item FOR (32,047 for, 0 against).

FOR 100%

FOR: 32,047 (100.0%)

Largest asset managers voting on “Vote to approve matters related to the compensation of company executives.” at MASTERCARD INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
JACKSON HILL ADVISORS, LLC	30,250	0	0	0	For
Gladius Capital Management LP	1,797	0	0	0	For

Largest MASTERCARD INC. shareholders voting in 2024-2025

Ranked by the number of MASTERCARD INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 912,000,000 shares outstanding at the time of that meeting.

Top MASTERCARD INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.65%
2	Fidelity	6.29%
3	BlackRock	6.01%
4	Capital Group	5.03%
5	T. Rowe Price	3.41%
6	State Street	3.40%
7	GEODE CAPITAL MANAGEMENT, LLC	2.11%
8	Wellington	1.34%
9	Charles Schwab	1.22%
10	JPMorgan	1.16%

Reported MASTERCARD INC. ownership

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

MASTERCARD INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Blvd.	8.25%	DEF14A
BlackRock	7.62%	13F
Hudson Yards	7.44%	DEF14A
Mastercard Foundation Asset Management Corp	7.15%	13G
State Street	3.95%	13F
JPMorgan Chase	3.40%	13F
FMR (Fidelity)	2.50%	13F
T. Rowe Price	2.20%	13F
Geode Capital	2.11%	13F
Morgan Stanley	1.77%	13F

Percentages above are of 912,000,000 shares outstanding, as reported by MASTERCARD INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MASTERCARD INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At MASTERCARD INC.'s shareholder meeting held 2025-06-24, in the 2024-2025 proxy season, 1,786 asset managers reported how they voted in their SEC Form N-PX filings, covering 34,229 separate fund positions. Their filings are grouped here into 39 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 approval of Mastercard's executive compensation — 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: MASTERCARD INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

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