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McDonald's Corporation 2025-2026 Proxy Voting Records

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

26Reported items
1,648Asset managers
21,350Fund votes
2026-05-20Meeting date

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

Explore McDonald's Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by McDonald's Corporation

These tallies are McDonald's Corporation’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.

McDonald's Corporation — official shareholder meeting results, meeting held 2026-05-20
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Anthony Capuano	501,940,842	2,102,336	987,943	--	91,259,572	Majority: yes
Elect Director: Kareem Daniel	497,509,550	6,344,021	1,177,550	--	91,259,572	Majority: yes
Elect Director: Lloyd Dean	484,374,480	19,370,848	1,285,793	--	91,259,572	Majority: yes
Elect Director: Catherine Engelbert	495,915,159	8,230,906	885,056	--	91,259,572	Majority: yes
Elect Director: James Farley, Jr.	498,708,169	5,384,413	938,539	--	91,259,572	Majority: yes
Elect Director: Margaret Georgiadis	488,380,513	15,542,749	1,107,859	--	91,259,572	Majority: yes
Elect Director: Michael Hsu	481,015,122	23,014,723	1,001,276	--	91,259,572	Majority: yes
Elect Director: Christopher Kempczinski	465,293,316	38,754,428	983,377	--	91,259,572	Majority: yes
Elect Director: Jennifer Taubert	502,152,987	1,997,241	880,893	--	91,259,572	Majority: yes
Elect Director: Paul Walsh	491,761,801	12,189,461	1,079,859	--	91,259,572	Majority: yes
Elect Director: Amy Weaver	493,026,833	10,633,738	1,370,550	--	91,259,572	Majority: yes
Elect Director: Miles White	480,186,802	23,794,164	1,050,155	--	91,259,572	Majority: yes
Proposal 2: An advisory proposal to approve executive compensation.	478,236,845	24,626,761	2,167,515	--	91,259,572	Majority: yes
Proposal 3: An advisory proposal to ratify the appointment of Ernst & Young LLP as independent auditor for 2026.	564,418,960	30,747,919	1,123,814	--	0	Majority: yes
Proposal 4: An advisory shareholder proposal to adopt a policy for an Independent Chair.	109,660,842	390,230,525	5,139,754	--	91,259,572	Majority: no
Proposal 5: An advisory shareholder proposal regarding shareholders' right to act by written consent.	210,184,684	291,750,232	3,096,205	--	91,259,572	Majority: no

Source: McDonald's Corporation, Form 8-K — read the filing on EDGAR.

How asset managers voted at the McDonald's Corporation 2025-2026 meeting

Each item below shows how the 1,648 asset managers that disclosed a McDonald's Corporation 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 McDonald's Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to approve named executive officer compensation.

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

Meeting held 2026-05-20.

Combines 32 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 478,236,845AGAINST: 24,626,761

McDonald's Corporation’s own tally for this item (“Proposal 2: An advisory proposal to approve executive compensation.”): 478,236,845 for, 24,626,761 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 710,505,859 outstanding shares: 67% for, 3% against (71% of the company cast a for/against vote).

The 1,618 asset managers below cast 97% of the shares they voted on this item FOR (421,711,276 for, 14,062,561 against).

FOR 97%

FOR: 421,711,276 (96.7%)AGAINST: 14,062,561 (3.2%)ABSTAIN: 192,400 (0.0%)NOT VOTED: 168,313 (0.0%)SPLIT: 46,784 (0.0%)UNKNOWN: 9,796 (0.0%)256: 256 (0.0%)

Largest asset managers voting on “Advisory vote to approve named executive officer compensation.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	75,199,738	254	22	For
BlackRock	46,893,958	3,694	0	For
Fidelity	19,874,785	0	0	For
State Street	18,104,513	185,119	0	For
GEODE CAPITAL MANAGEMENT, LLC	17,871,714	0	0	For
T. Rowe Price	15,589,322	56,240	0	For
JPMorgan	14,975,257	0	0	For
Charles Schwab	9,799,575	0	0	For
Capital Group	8,590,847	0	150	For
Northern Trust	7,447,338	55,749	0	For
Capital Research Global Investors	6,878,595	0	0	For
UBS	6,587,473	0	0	For
Invesco	6,324,549	4	0	For
WELLS FARGO CLEARING SERVICES, LLC	4,860,717	0	0	For
Nuveen	3,900,969	0	0	For
VIKING GLOBAL INVESTORS LP	3,538,072	0	0	For
MELLON INVESTMENTS Corp	3,449,486	0	0	For
Wellington	3,370,201	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	3,256,195	0	0	For
Goldman Sachs	3,146,794	0	0	For
FRANKLIN ADVISERS INC	3,145,440	0	0	For
BANK OF AMERICA NA	2,969,287	0	0	For
Amundi	0	2,848,125	0	Against
RBC Capital Markets, LLC	2,716,469	0	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2,694,775	21,278	0	For

Showing the 25 largest of 1,618 asset managers. See all 1,618 in the interactive database.

2. Advisory Vote to Ratify the Appointment of Ernst & Young LLP as Independent Auditor for 2026.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 564,418,960AGAINST: 30,747,919

McDonald's Corporation’s own tally for this item (“Proposal 3: An advisory proposal to ratify the appointment of Ernst & Young LLP as independent auditor for 2026.”): 564,418,960 for, 30,747,919 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 710,505,859 outstanding shares: 79% for, 4% against (84% of the company cast a for/against vote).

The 243 asset managers below cast 99.3% of the shares they voted on this item FOR (171,153,110 for, 1,084,285 against).

FOR 99.3%

FOR: 171,153,110 (99.3%)AGAINST: 1,084,285 (0.6%)ABSTAIN: 30,796 (0.0%)UNKNOWN: 7,293 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify the Appointment of Ernst & Young LLP as Independent Auditor for 2026.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,687,985	80,235	7	For
BlackRock	19,511,991	2,437	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,067	149	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	0	854,576	0	Against
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 243 asset managers. See all 243 in the interactive database.

3. Advisory Vote on Shareholders' Right to Act by Written Consent.

SHAREHOLDER RIGHTS AND DEFENSESMajority of the votes cast: no

Meeting held 2026-05-20.

Combines 12 wordings of this item as funds reported it.

42% Majority: no · of votes cast

FOR 42%AGAINST 58%

FOR: 210,184,684AGAINST: 291,750,232

McDonald's Corporation’s own tally for this item (“Proposal 5: An advisory shareholder proposal regarding shareholders' right to act by written consent.”): 210,184,684 for, 291,750,232 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 710,505,859 outstanding shares: 30% for, 41% against (71% of the company cast a for/against vote).

The 240 asset managers below cast 18% of the shares they voted on this item FOR (30,286,399 for, 141,940,837 against).

FOR 18%AGAINST 82%

FOR: 30,286,399 (17.6%)AGAINST: 141,940,837 (82.4%)ABSTAIN: 30,820 (0.0%)UNKNOWN: 8,024 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Advisory Vote on Shareholders' Right to Act by Written Consent.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	2,629,360	65,138,839	31	Against
BlackRock	20,905	19,493,523	0	Against
Fidelity	309,055	17,392,011	0	Against
JPMorgan	0	13,459,853	0	Against
Capital Group	6,918,418	0	0	For
State Street	20,694	6,788,522	0	Against
T. Rowe Price	0	4,550,362	0	Against
Charles Schwab	1,582	4,262,604	0	Against
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,287,920	264,730	0	For
TIAA	0	2,531,190	0	Against
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	0	1,098,716	0	Against
Franklin Custodian Funds	999,700	0	0	For
Jackson National	679,351	316,065	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	0	796,638	0	Against
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	701,929	29,268	0	For
Dimensional	0	627,248	0	Against
Equitable	358,361	254,840	0	For
Nuveen	0	563,088	0	Against

Showing the 25 largest of 240 asset managers. See all 240 in the interactive database.

4. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Amy Weaver

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 493,026,833AGAINST: 10,633,738

McDonald's Corporation’s own tally for this item (“Elect Director: Amy Weaver”): 493,026,833 for, 10,633,738 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 710,505,859 outstanding shares: 69% for, 1% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,214,232 for, 10,466 against).

FOR 99.9%

FOR: 172,214,232 (100.0%)AGAINST: 10,466 (0.0%)ABSTAIN: 30,802 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,105	111	13	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

5. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Anthony Capuano

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 9 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 501,940,842AGAINST: 2,102,336

McDonald's Corporation’s own tally for this item (“Elect Director: Anthony Capuano”): 501,940,842 for, 2,102,336 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 710,505,859 outstanding shares: 71% for, 0.3% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,224,683 for, 19 against).

FOR 99.9%

FOR: 172,224,683 (100.0%)AGAINST: 19 (0.0%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,201	19	9	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	613,201	0	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

6. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Catherine Engelbert

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 495,915,159AGAINST: 8,230,906

McDonald's Corporation’s own tally for this item (“Elect Director: Catherine Engelbert”): 495,915,159 for, 8,230,906 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 710,505,859 outstanding shares: 70% for, 1% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,209,858 for, 14,845 against).

FOR 99.9%

FOR: 172,209,858 (100.0%)AGAINST: 14,845 (0.0%)ABSTAIN: 30,796 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,140	81	7	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	613,201	0	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

7. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Christopher Kempczinski

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 465,293,316AGAINST: 38,754,428

McDonald's Corporation’s own tally for this item (“Elect Director: Christopher Kempczinski”): 465,293,316 for, 38,754,428 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 710,505,859 outstanding shares: 65% for, 5% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.8% of the shares they voted on this item FOR (171,931,676 for, 293,026 against).

FOR 99.8%

FOR: 171,931,676 (99.8%)AGAINST: 293,026 (0.2%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,767,820	400	9	For
BlackRock	19,507,027	7,401	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,806,339	2,877	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

8. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: James Farley, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 14 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 498,708,169AGAINST: 5,384,413

McDonald's Corporation’s own tally for this item (“Elect Director: James Farley, Jr.”): 498,708,169 for, 5,384,413 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 710,505,859 outstanding shares: 70% for, 0.8% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,224,647 for, 56 against).

FOR 99.9%

FOR: 172,224,647 (100.0%)AGAINST: 56 (0.0%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,165	56	9	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	613,201	0	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

9. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Jennifer Taubert

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 502,152,987AGAINST: 1,997,241

McDonald's Corporation’s own tally for this item (“Elect Director: Jennifer Taubert”): 502,152,987 for, 1,997,241 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 710,505,859 outstanding shares: 71% for, 0.3% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,224,686 for, 17 against).

FOR 99.9%

FOR: 172,224,686 (100.0%)AGAINST: 17 (0.0%)ABSTAIN: 30,796 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,204	17	7	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	613,201	0	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

10. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Kareem Daniel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 497,509,550AGAINST: 6,344,021

McDonald's Corporation’s own tally for this item (“Elect Director: Kareem Daniel”): 497,509,550 for, 6,344,021 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 710,505,859 outstanding shares: 70% for, 0.9% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,224,637 for, 64 against).

FOR 99.9%

FOR: 172,224,637 (100.0%)AGAINST: 64 (0.0%)ABSTAIN: 30,800 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,155	64	11	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	613,201	0	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

11. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Lloyd Dean

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 484,374,480AGAINST: 19,370,848

McDonald's Corporation’s own tally for this item (“Elect Director: Lloyd Dean”): 484,374,480 for, 19,370,848 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 710,505,859 outstanding shares: 68% for, 3% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.4% of the shares they voted on this item FOR (171,351,667 for, 873,033 against).

FOR 99.4%

FOR: 171,351,667 (99.5%)AGAINST: 873,033 (0.5%)ABSTAIN: 30,801 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,012	206	12	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	0	854,576	0	Against
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

12. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Margaret Georgiadis

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 488,380,513AGAINST: 15,542,749

McDonald's Corporation’s own tally for this item (“Elect Director: Margaret Georgiadis”): 488,380,513 for, 15,542,749 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 710,505,859 outstanding shares: 69% for, 2% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.4% of the shares they voted on this item FOR (171,351,562 for, 873,138 against).

FOR 99.4%

FOR: 171,351,562 (99.5%)AGAINST: 873,138 (0.5%)ABSTAIN: 30,799 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,057	162	10	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,067	149	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	0	854,576	0	Against
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

13. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Michael Hsu

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 481,015,122AGAINST: 23,014,723

McDonald's Corporation’s own tally for this item (“Elect Director: Michael Hsu”): 481,015,122 for, 23,014,723 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 710,505,859 outstanding shares: 68% for, 3% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99% of the shares they voted on this item FOR (170,203,111 for, 2,021,591 against).

FOR 99%

FOR: 170,203,111 (98.8%)AGAINST: 2,021,591 (1.2%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,688,063	80,158	9	For
BlackRock	19,511,991	2,437	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,067	149	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	0	999,700	0	Against
Jackson National	980,416	15,000	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

14. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Miles White

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 11 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 480,186,802AGAINST: 23,794,164

McDonald's Corporation’s own tally for this item (“Elect Director: Miles White”): 480,186,802 for, 23,794,164 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 710,505,859 outstanding shares: 68% for, 3% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.4% of the shares they voted on this item FOR (171,306,672 for, 918,030 against).

FOR 99.4%

FOR: 171,306,672 (99.4%)AGAINST: 918,030 (0.5%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,767,989	232	9	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,067	149	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	0	854,576	0	Against
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

15. Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their successors have been elected and qualified: Paul Walsh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-20.

Combines 10 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 491,761,801AGAINST: 12,189,461

McDonald's Corporation’s own tally for this item (“Elect Director: Paul Walsh”): 491,761,801 for, 12,189,461 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 710,505,859 outstanding shares: 69% for, 2% against (71% of the company cast a for/against vote).

The 237 asset managers below cast 99.9% of the shares they voted on this item FOR (172,210,551 for, 14,150 against).

FOR 99.9%

FOR: 172,210,551 (100.0%)AGAINST: 14,150 (0.0%)ABSTAIN: 30,798 (0.0%)UNKNOWN: 9,165 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Election of 12 Directors to serve until the Company's 2027 Annual Shareholders' Meeting and until their succes” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	67,768,101	118	9	For
BlackRock	19,514,428	0	0	For
Fidelity	17,701,066	0	0	For
JPMorgan	13,459,853	0	0	For
Capital Group	6,918,418	0	0	For
State Street	6,809,216	0	0	For
T. Rowe Price	4,550,362	0	0	For
Charles Schwab	4,264,187	0	0	For
Columbia Threadneedle	2,585,908	0	0	For
Invesco	2,552,650	0	0	For
TIAA	2,531,190	0	0	For
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	1,136,062	0	0	For
MASTER INVESTMENT PORTFOLIO	1,098,716	0	0	For
Franklin Custodian Funds	999,700	0	0	For
Jackson National	995,416	0	0	For
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	796,638	0	0	For
ProShares	779,785	0	0	For
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	731,197	0	0	For
Dimensional	627,248	0	0	For
Equitable	609,220	3,981	0	For
Nuveen	563,088	0	0	For

Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.

16. Advisory Vote to Adopt Policy for an Independent Chair.

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2026-05-20.

Combines 6 wordings of this item as funds reported it.

22% Majority: no · of votes cast

FOR 22%AGAINST 78%

FOR: 109,660,842AGAINST: 390,230,525

McDonald's Corporation’s own tally for this item (“Proposal 4: An advisory shareholder proposal to adopt a policy for an Independent Chair.”): 109,660,842 for, 390,230,525 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 710,505,859 outstanding shares: 15% for, 54.9% against (70% of the company cast a for/against vote).

The 233 asset managers below cast 11% of the shares they voted on this item FOR (19,474,676 for, 152,511,010 against).

11%AGAINST 89%

FOR: 19,474,676 (11.3%)AGAINST: 152,511,010 (88.7%)ABSTAIN: 30,837 (0.0%)UNKNOWN: 8,024 (0.0%)A: 1,872 (0.0%)NOT VOTED: 601 (0.0%)

Largest asset managers voting on “Advisory Vote to Adopt Policy for an Independent Chair.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	2,438,356	65,329,827	48	Against
BlackRock	11,767	19,502,661	0	Against
Fidelity	0	17,701,066	0	Against
JPMorgan	0	13,459,853	0	Against
Capital Group	6,918,418	0	0	For
State Street	2,940	6,806,276	0	Against
T. Rowe Price	0	4,550,362	0	Against
Charles Schwab	1,582	4,262,604	0	Against
Columbia Threadneedle	2,585,908	0	0	For
Invesco	0	2,552,650	0	Against
TIAA	0	2,531,190	0	Against
FRANKLIN MANAGED TRUST	1,650,000	0	0	For
WisdomTree	0	1,136,062	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,098,716	0	Against
Franklin Custodian Funds	0	999,700	0	Against
Jackson National	0	995,416	0	Against
INVESTMENT CO OF AMERICA	989,914	0	0	For
Amplify ETF Trust	854,576	0	0	For
Six Circles Trust	0	796,638	0	Against
ProShares	0	779,785	0	Against
OLD WESTBURY FUNDS INC	757,974	0	0	For
Bridge Builder Trust	336,720	394,477	0	Against
Dimensional	0	627,248	0	Against
Equitable	25,672	587,529	0	Against
Nuveen	0	563,088	0	Against

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

17. Advisory Vote to Approve Executive Compensation.

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

Meeting held 2025-05-20 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 477,245,245AGAINST: 29,427,948

McDonald's Corporation’s own tally for this item (“Proposal 2: An advisory proposal to approve executive compensation.”): 477,245,245 for, 29,427,948 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 710,505,859 outstanding shares: 67% for, 4% against (71% of the company cast a for/against vote).

The 9 asset managers below cast 83% of the shares they voted on this item FOR (56,833 for, 11,700 against).

FOR 83%AGAINST 17%

FOR: 56,833 (82.9%)AGAINST: 11,700 (17.1%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Vote
Investment Management Corp of Ontario	25,201	0	For
ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC	15,911	0	For
PENSIOENFONDS RAIL & OV	0	11,700	Against
FIRST UNITED BANK & TRUST	10,215	0	For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	1,813	0	For
GLENMEDE FUND INC	1,237	0	For
Philip James Wealth Mangement, LLC	1,085	0	For
NORRIS PERNE & FRENCH LLP/MI	1,051	0	For
Hodges Capital Management Inc.	320	0	For

18. Require Independent Board Chair

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2026-05-20.

22% Majority: no · of votes cast

FOR 22%AGAINST 78%

FOR: 109,660,842AGAINST: 390,230,525

The 6 asset managers below cast 29% of the shares they voted on this item FOR (68,689 for, 169,658 against).

FOR 29%AGAINST 71%

FOR: 68,689 (28.8%)AGAINST: 169,658 (71.2%)

Largest asset managers voting on “Require Independent Board Chair” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Vote
Empower	0	156,273	Against
Erste Asset Management GmbH	63,761	0	For
CLEARWATER INVESTMENT TRUST	0	10,444	Against
AGF Investments Trust	4,928	0	For
OARSMAN CAPITAL, INC.	0	2,923	Against
Dixon Mitchell Investment Counsel Inc.	0	18	Against

19. S/H Proposal - Corporate Governance

EXTRAORDINARY TRANSACTIONS

Meeting held 2026-05-20.

Combines 2 wordings of this item as funds reported it.

0% fund support · no official result

AGAINST 68%NOT VOTED 32%

The 6 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 10,600 against).

AGAINST: 10,600 (67.9%)NOT VOTED: 5,000 (32.1%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at McDonald's Corporation, 2025-2026
Asset manager	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	Not Voted
Members Trust Co	4,848	Against
TEALWOOD ASSET MANAGEMENT INC	4,645	Against
ESL Trust Services, LLC	490	Against
McGowan Group Asset Management, Inc.	423	Against
HARBOUR INVESTMENT MANAGEMENT LLC	194	Against

20. Election of Directors (Majority Voting)

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-20.

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 5 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 McDonald's Corporation, 2025-2026
Asset manager	For	Vote
WILLIAMSBURG INVESTMENT TRUST	5,000	For
TEALWOOD ASSET MANAGEMENT INC	4,645	For
HARBOUR INVESTMENT MANAGEMENT LLC	2,328	For
ESL Trust Services, LLC	490	For
McGowan Group Asset Management, Inc.	423	For

21. S/H Proposal - Establish Independent Chairman

EXTRAORDINARY TRANSACTIONS

Meeting held 2026-05-20.

46.5% fund support · no official result

FOR 46.5%AGAINST 53.5%

The 5 asset managers below cast 46.5% of the shares they voted on this item FOR (5,000 for, 5,752 against).

FOR: 5,000 (46.5%)AGAINST: 5,752 (53.5%)

Largest asset managers voting on “S/H Proposal - Establish Independent Chairman” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	5,000	0	For
TEALWOOD ASSET MANAGEMENT INC	0	4,645	Against
ESL Trust Services, LLC	0	490	Against
McGowan Group Asset Management, Inc.	0	423	Against
HARBOUR INVESTMENT MANAGEMENT LLC	0	194	Against

22. Advisory Vote to Approve Executive Compensation.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2026-03-23; no official results on file for that date.

0.1% fund support · no official result

AGAINST 99.5%

The 3 asset managers below cast 0.1% of the shares they voted on this item FOR (425 for, 993,978 against).

FOR: 425 (0.0%)AGAINST: 993,978 (99.5%)NOT VOTED: 4,099 (0.4%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Vote
SCHRODER INVESTMENT MANAGEMENT GROUP	0	993,978	Against
Robertson Stephens Wealth Management, LLC	225	0	For
GLOBALT Investments LLC / GA	200	0	For

23. Advisory Vote to Revisit DEI in Executive Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: no

Meeting held 2025-05-20 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

1% Majority: no · of votes cast

AGAINST 99%

FOR: 7,168,538AGAINST: 498,794,199

McDonald's Corporation’s own tally for this item (“Proposal 6: An advisory shareholder proposal to revisit diversity, equity, and inclusion in executive compensation.”): 7,168,538 for, 498,794,199 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 710,505,859 outstanding shares: 1% for, 70% against (71% of the company cast a for/against vote).

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 17,148 against).

AGAINST 100%

AGAINST: 17,148 (100.0%)

Largest asset managers voting on “Advisory Vote to Revisit DEI in Executive Compensation” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC	0	15,911	0	0	Against
GLENMEDE FUND INC	0	1,237	0	0	Against

24. Election of Directors

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-20.

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.

FOR: 100.0%

Largest asset managers voting on “Election of Directors” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Rockport Wealth LLC	100	0	0	0	For
William Allan Corp	40	0	0	0	For

25. Director Elections

DIRECTOR ELECTIONS

Meeting held 2026-05-20.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (5,203 for, 0 against).

FOR: 5,203 (100.0%)

Largest asset managers voting on “Director Elections” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	4,848	0	0	0	For
Ballew Advisors, Inc	355	0	0	0	For

26. Advisory Vote to Approve Executive Compensation.

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

Meeting held 2024-05-21 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 461,863,204AGAINST: 33,716,432

McDonald's Corporation’s own tally for this item (“Proposal 2: An advisory proposal to approve executive compensation for 2024.”): 461,863,204 for, 33,716,432 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 710,505,859 outstanding shares: 65% for, 5% against (70% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (7,692 for, 0 against).

FOR 100%

FOR: 7,692 (100.0%)

Largest asset managers voting on “Advisory Vote to Approve Executive Compensation.” at McDonald's Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Cox Capital Mgt LLC	6,376	0	0	0	For
NORRIS PERNE & FRENCH LLP/MI	1,316	0	0	0	For

Largest McDonald's Corporation shareholders voting in 2025-2026

Ranked by the number of McDonald's Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 710,505,859 shares outstanding at the time of that meeting.

Top McDonald's Corporation shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	10.58%
2	BlackRock	6.60%
3	Fidelity	2.80%
4	State Street	2.57%
5	GEODE CAPITAL MANAGEMENT, LLC	2.52%
6	T. Rowe Price	2.20%
7	JPMorgan	2.11%
8	Charles Schwab	1.38%
9	Capital Group	1.21%
10	Northern Trust	1.06%

Reported McDonald's Corporation ownership

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

McDonald's Corporation beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	10.18%	13F
BlackRock	7.79%	13F
JPMorgan Chase	5.30%	13F
JPMORGAN CHASE & CO	5.20%	13G
State Street	4.99%	13F
Morgan Stanley	2.15%	13F
T. Rowe Price	1.37%	13F
Northern Trust	1.16%	13F
Charles Schwab	0.79%	13F
Goldman Sachs	0.77%	13F

Percentages above are of 710,505,859 shares outstanding, as reported by McDonald's Corporation on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 McDonald's Corporation’s 10-Q dated 2026-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At McDonald's Corporation's shareholder meeting held 2026-05-20, in the 2025-2026 proxy season, 1,648 asset managers reported how they voted in their SEC Form N-PX filings, covering 21,350 separate fund positions. Their filings are grouped here into 26 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 to approve named executive officer compensation. — FOR was 95% 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: McDonald's Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

McDonald's Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).