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Microsoft Corporation 2025-2026 Proxy Voting Records

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

39Reported items
2,353Asset managers
59,455Fund votes
2025-12-05Meeting date

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

Explore Microsoft Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Microsoft Corporation

These tallies are Microsoft 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.

Microsoft Corporation — official shareholder meeting results, meeting held 2025-12-05
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Reid G. Hoffman	5,120,225,979	48,294,508	14,934,170	--	1,137,975,835	Majority: yes
Elect Director: Hugh F. Johnston	4,733,430,707	437,820,499	12,203,451	--	1,137,975,835	Majority: yes
Elect Director: Teri L. List	4,999,681,887	175,326,264	8,446,506	--	1,137,975,835	Majority: yes
Elect Director: Catherine MacGregor	5,148,368,340	26,590,734	8,495,583	--	1,137,975,835	Majority: yes
Elect Director: Mark A. L. Mason	5,122,450,020	52,291,857	8,712,780	--	1,137,975,835	Majority: yes
Elect Director: Satya Nadella	4,815,433,908	337,016,790	31,003,959	--	1,137,975,835	Majority: yes
Elect Director: Sandra E. Peterson	5,004,804,899	166,778,650	11,871,108	--	1,137,975,835	Majority: yes
Elect Director: Penny S. Pritzker	5,147,754,253	27,334,798	8,365,606	--	1,137,975,835	Majority: yes
Elect Director: John David Rainey	5,159,803,411	14,709,088	8,942,158	--	1,137,975,835	Majority: yes
Elect Director: Charles W. Scharf	4,947,789,084	227,012,006	8,653,567	--	1,137,975,835	Majority: yes
Elect Director: John W. Stanton	5,056,509,391	118,267,836	8,677,430	--	1,137,975,835	Majority: yes
Elect Director: Emma N. Walmsley	5,147,102,809	27,909,382	8,442,466	--	1,137,975,835	Majority: yes
Advisory Vote to Approve Named Executive Officer Compensation	4,744,731,533	415,831,135	22,891,989	--	1,137,975,835	Majority: yes
Ratification of Appointment of Independent Auditor for Fisal Year 2026	5,897,883,259	408,304,657	15,242,576	--	0	Majority: yes
Approval of the Microsoft Corporation 2026 Stock Plan	5,016,063,751	151,618,873	15,772,033	--	1,137,975,835	Majority: yes
Shareholder Proposal: European Security Program Censorship Risk Audit	40,404,047	5,102,931,493	40,119,117	--	1,137,975,835	Majority: no
Shareholder Proposal: Report on Risks of Censorship in Generative Artificial Intelligence	35,508,084	5,104,188,603	43,757,970	--	1,137,975,835	Majority: no
Shareholder Proposal: Report on AI Data Usage Oversight	683,895,858	4,435,809,588	63,749,211	--	1,137,975,835	Majority: no
Shareholder Proposal: Report on Data Operations in Human Rights Hotspots	1,406,735,187	3,712,753,371	63,966,099	--	1,137,975,835	Majority: no
Shareholder Proposal: Report on Human Rights Due Diligence	1,336,945,255	3,738,252,211	108,257,191	--	1,137,975,835	Majority: no
Shareholder Proposal: Report on AI and Machine Learning Tools for Oil and Gas Development and Production	448,005,682	4,671,182,894	64,266,081	--	1,137,975,835	Majority: no

Source: Microsoft Corporation, Form 8-K — read the filing on EDGAR.

How asset managers voted at the Microsoft Corporation 2025-2026 meeting

Each item below shows how the 2,353 asset managers that disclosed a Microsoft 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 Microsoft 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 ("say-on-pay vote")

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

Meeting held 2025-12-05.

Combines 101 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 4,744,731,533AGAINST: 415,831,135

Microsoft Corporation’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation”): 4,744,731,533 for, 415,831,135 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 7,435,000,000 outstanding shares: 64% for, 6% against (69% of the company cast a for/against vote).

The 2,239 asset managers below cast 96% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 96%

FOR: 95.6%AGAINST: 4.3%ABSTAIN: 0.0%NOT VOTED: 0.0%UNKNOWN: 0.0%SPLIT: 0.0%

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	742,929,027	634	37	For
BlackRock	509,160,551	42,362	0	For
Fidelity	505,605,915	0	0	For
Capital Group	313,037,523	0	0	For
T. Rowe Price	224,990,163	668,794	0	For
GEODE CAPITAL MANAGEMENT, LLC	180,387,388	0	0	For
State Street	166,289,963	368,189	0	For
Charles Schwab	99,128,153	0	0	For
Invesco	84,772,370	0	0	For
Capital Research Global Investors	72,570,651	0	0	For
Northern Trust	71,616,193	0	0	For
JPMorgan	61,738,461	0	0	For
Janus Henderson	55,855,003	0	0	For
UBS	52,064,237	666,332	0	For
Nuveen	50,749,446	0	0	For
Wellington	47,631,946	0	0	For
TIAA	46,352,420	0	0	For
MELLON INVESTMENTS Corp	38,893,850	0	0	For
Goldman Sachs	38,756,975	0	0	For
AllianceBernstein	35,741,251	0	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	34,517,844	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	33,491,449	0	0	For
Amundi	0	32,874,055	0	Against
Legal & General Investment Management Ltd	805,548	30,434,711	0	Against
National Pension Service	28,677,282	0	0	For

Showing the 25 largest of 2,239 asset managers. See all 2,239 in the interactive database.

2. Approval of the Microsoft Corporation 2026 Stock Plan

CAPITAL STRUCTUREMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 19 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 5,016,063,751AGAINST: 151,618,873

Microsoft Corporation’s own tally for this item (“Approval of the Microsoft Corporation 2026 Stock Plan”): 5,016,063,751 for, 151,618,873 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 7,435,000,000 outstanding shares: 67% for, 2% against (70% of the company cast a for/against vote).

The 423 asset managers below cast 99.0% of the shares they voted on this item FOR (2,061,985,741 for, 18,786,710 against).

FOR 99.0%

FOR: 2,061,985,741 (99.1%)AGAINST: 18,786,710 (0.9%)ABSTAIN: 168,177 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Approval of the Microsoft Corporation 2026 Stock Plan” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,631	212	26	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
Union Investment Management GmbH	11,468,472	0	0	For
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	6,533,716	3,917,107	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,165,179	32,944	0	For
Victory Capital	7,894,106	0	0	For

Showing the 25 largest of 423 asset managers. See all 423 in the interactive database.

3. Report on AI Data Usage Oversight

OTHER SOCIAL ISSUESMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

13% Majority: no · of votes cast

13%AGAINST 87%

FOR: 683,895,858AGAINST: 4,435,809,588

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on AI Data Usage Oversight”): 683,895,858 for, 4,435,809,588 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 7,435,000,000 outstanding shares: 9% for, 60% against (69% of the company cast a for/against vote).

The 393 asset managers below cast 2% of the shares they voted on this item FOR (48,474,873 for, 2,007,452,501 against).

AGAINST 97%

FOR: 48,474,873 (2.3%)AGAINST: 2,007,452,501 (97.2%)ABSTAIN: 9,407,807 (0.5%)UNKNOWN: 78,791 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “Report on AI Data Usage Oversight” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	643,711	669,301,054	102	Against
Fidelity	0	312,387,202	0	Against
BlackRock	182,679	208,137,504	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
JPMorgan	51,183	57,191,390	0	Against
State Street	19,397	49,615,257	0	Against
Charles Schwab	13,444	48,015,807	0	Against
TIAA	0	45,635,726	0	Against
Invesco	0	29,131,176	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	0	19,808,795	0	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	49,200	14,879,962	0	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	3,917,107	6,533,716	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	0	9,460,429	0	Against
Six Circles Trust	0	8,721,571	0	Against
Equitable	64,895	8,133,228	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	40,969	7,799,383	0	Against

Showing the 25 largest of 393 asset managers. See all 393 in the interactive database.

4. Report on AI and Machine Learning Tools for Oil and Gas Development and Production

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 14 wordings of this item as funds reported it.

9% Majority: no · of votes cast

9%AGAINST 91%

FOR: 448,005,682AGAINST: 4,671,182,894

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on AI and Machine Learning Tools for Oil and Gas Development and Production”): 448,005,682 for, 4,671,182,894 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 7,435,000,000 outstanding shares: 6% for, 63% against (69% of the company cast a for/against vote).

The 393 asset managers below cast 0.9% of the shares they voted on this item FOR (17,883,829 for, 2,041,954,244 against).

AGAINST 99%

FOR: 17,883,829 (0.9%)AGAINST: 2,041,954,244 (98.9%)ABSTAIN: 5,552,440 (0.3%)UNKNOWN: 23,460 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “Report on AI and Machine Learning Tools for Oil and Gas Development and Production” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	705	669,944,068	96	Against
Fidelity	0	312,387,202	0	Against
BlackRock	188,176	208,132,007	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
JPMorgan	0	57,242,573	0	Against
State Street	19,397	49,615,257	0	Against
Charles Schwab	0	48,029,251	0	Against
TIAA	0	45,635,726	0	Against
Invesco	0	29,131,176	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	0	19,808,795	0	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	0	14,929,162	0	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	0	10,450,823	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	0	9,460,429	0	Against
Six Circles Trust	0	8,721,571	0	Against
Equitable	32,944	8,165,179	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	40,969	7,799,383	0	Against

Showing the 25 largest of 393 asset managers. See all 393 in the interactive database.

5. Report on Risks of Censorship in Generative Artificial Intelligence

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 12 wordings of this item as funds reported it.

0.7% Majority: no · of votes cast

AGAINST 99.3%

FOR: 35,508,084AGAINST: 5,104,188,603

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Risks of Censorship in Generative Artificial Intelligence”): 35,508,084 for, 5,104,188,603 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 7,435,000,000 outstanding shares: 0.5% for, 69% against (69% of the company cast a for/against vote).

The 390 asset managers below cast 0.1% of the shares they voted on this item FOR (1,458,070 for, 2,054,688,687 against).

AGAINST 99.6%

FOR: 1,458,070 (0.1%)AGAINST: 2,054,688,687 (99.7%)ABSTAIN: 5,543,133 (0.3%)UNKNOWN: 78,791 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “Report on Risks of Censorship in Generative Artificial Intelligence” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	49	669,944,745	70	Against
Fidelity	0	312,387,202	0	Against
BlackRock	0	208,320,183	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
JPMorgan	0	57,242,573	0	Against
State Street	0	49,634,654	0	Against
Charles Schwab	0	48,029,251	0	Against
TIAA	0	45,635,726	0	Against
Invesco	0	29,131,176	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	0	19,808,795	0	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	0	14,929,162	0	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	0	10,450,823	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	0	9,460,429	0	Against
Six Circles Trust	0	8,721,571	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	0	7,840,352	0	Against
Equitable	0	7,649,647	0	Against

Showing the 25 largest of 390 asset managers. See all 390 in the interactive database.

6. Election of Directors: Catherine MacGregor

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 14 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 5,148,368,340AGAINST: 26,590,734

Microsoft Corporation’s own tally for this item (“Elect Director: Catherine MacGregor”): 5,148,368,340 for, 26,590,734 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 7,435,000,000 outstanding shares: 69% for, 0.4% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,064,164,468 for, 1,409,243 against).

FOR 99.9%

FOR: 2,064,164,468 (99.9%)AGAINST: 1,409,243 (0.1%)ABSTAIN: 527,707 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Catherine MacGregor” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,819	36	13	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

7. Election of Directors: Charles W. Scharf

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 4,947,789,084AGAINST: 227,012,006

Microsoft Corporation’s own tally for this item (“Elect Director: Charles W. Scharf”): 4,947,789,084 for, 227,012,006 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 7,435,000,000 outstanding shares: 67% for, 3% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.7% of the shares they voted on this item FOR (2,061,172,051 for, 4,401,650 against).

FOR 99.7%

FOR: 2,061,172,051 (99.8%)AGAINST: 4,401,650 (0.2%)ABSTAIN: 527,718 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Charles W. Scharf” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,495	360	14	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,633,354	1,300	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

8. Election of Directors: Emma N. Walmsley

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 5,147,102,809AGAINST: 27,909,382

Microsoft Corporation’s own tally for this item (“Elect Director: Emma N. Walmsley”): 5,147,102,809 for, 27,909,382 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 7,435,000,000 outstanding shares: 69% for, 0.4% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,063,956,205 for, 1,617,508 against).

FOR 99.8%

FOR: 2,063,956,205 (99.9%)AGAINST: 1,617,508 (0.1%)ABSTAIN: 527,704 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Emma N. Walmsley” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,817	37	13	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

9. Election of Directors: Hugh F. Johnston

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 14 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 4,733,430,707AGAINST: 437,820,499

Microsoft Corporation’s own tally for this item (“Elect Director: Hugh F. Johnston”): 4,733,430,707 for, 437,820,499 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 7,435,000,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 94% of the shares they voted on this item FOR (1,948,067,732 for, 117,505,719 against).

FOR 94%

FOR: 1,948,067,732 (94.3%)AGAINST: 117,505,719 (5.7%)ABSTAIN: 527,967 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Hugh F. Johnston” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	644,174,345	25,770,505	18	For
Fidelity	312,010,451	376,751	0	For
BlackRock	208,234,562	85,621	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	36,737	47,992,513	0	Against
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	13,993,614	935,548	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,002,664	195,459	0	For
Victory Capital	7,874,269	19,837	0	For
John Hancock	6,876,949	963,403	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

10. Election of Directors: John David Rainey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 5,159,803,411AGAINST: 14,709,088

Microsoft Corporation’s own tally for this item (“Elect Director: John David Rainey”): 5,159,803,411 for, 14,709,088 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 7,435,000,000 outstanding shares: 69% for, 0.2% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,064,327,265 for, 1,246,413 against).

FOR 99.9%

FOR: 2,064,327,265 (99.9%)AGAINST: 1,246,413 (0.1%)ABSTAIN: 527,734 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: John David Rainey” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,835	18	11	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,840,352	0	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

11. Election of Directors: John W. Stanton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 5,056,509,391AGAINST: 118,267,836

Microsoft Corporation’s own tally for this item (“Elect Director: John W. Stanton”): 5,056,509,391 for, 118,267,836 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 7,435,000,000 outstanding shares: 68% for, 2% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.8% of the shares they voted on this item FOR (2,062,234,061 for, 3,339,639 against).

FOR 99.8%

FOR: 2,062,234,061 (99.8%)AGAINST: 3,339,639 (0.2%)ABSTAIN: 527,719 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: John W. Stanton” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,669	185	14	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,633,354	1,300	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

12. Election of Directors: Mark A. L. Mason

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 14 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 5,122,450,020AGAINST: 52,291,857

Microsoft Corporation’s own tally for this item (“Elect Director: Mark A. L. Mason”): 5,122,450,020 for, 52,291,857 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 7,435,000,000 outstanding shares: 69% for, 0.8% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,065,113,638 for, 438,599 against).

FOR 99.9%

FOR: 2,065,113,638 (100.0%)AGAINST: 438,599 (0.0%)ABSTAIN: 527,723 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Mark A. L. Mason” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,778	76	14	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

13. Election of Directors: Penny S. Pritzker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 5,147,754,253AGAINST: 27,334,798

Microsoft Corporation’s own tally for this item (“Elect Director: Penny S. Pritzker”): 5,147,754,253 for, 27,334,798 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 7,435,000,000 outstanding shares: 69% for, 0.4% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,065,271,461 for, 302,256 against).

FOR 99.9%

FOR: 2,065,271,461 (100.0%)AGAINST: 302,256 (0.0%)ABSTAIN: 527,702 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Penny S. Pritzker” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,816	39	13	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

14. Election of Directors: Reid G. Hoffman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 12 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 5,120,225,979AGAINST: 48,294,508

Microsoft Corporation’s own tally for this item (“Elect Director: Reid G. Hoffman”): 5,120,225,979 for, 48,294,508 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 7,435,000,000 outstanding shares: 69% for, 0.7% against (70% of the company cast a for/against vote).

The 389 asset managers below cast 99.9% of the shares they voted on this item FOR (2,065,199,088 for, 303,754 against).

FOR 99.9%

FOR: 2,065,199,088 (100.0%)AGAINST: 303,754 (0.0%)ABSTAIN: 598,575 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Reid G. Hoffman” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,768	74	24	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

15. Election of Directors: Satya Nadella

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 12 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 4,815,433,908AGAINST: 337,016,790

Microsoft Corporation’s own tally for this item (“Elect Director: Satya Nadella”): 4,815,433,908 for, 337,016,790 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 7,435,000,000 outstanding shares: 65% for, 5% against (69% of the company cast a for/against vote).

The 389 asset managers below cast 99.8% of the shares they voted on this item FOR (2,062,895,189 for, 2,676,930 against).

FOR 99.8%

FOR: 2,062,895,189 (99.8%)AGAINST: 2,676,930 (0.1%)ABSTAIN: 529,299 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Satya Nadella” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,307	509	51	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,044	610	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 389 asset managers. See all 389 in the interactive database.

16. Election of Directors: Sandra E. Peterson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 5,004,804,899AGAINST: 166,778,650

Microsoft Corporation’s own tally for this item (“Elect Director: Sandra E. Peterson”): 5,004,804,899 for, 166,778,650 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 7,435,000,000 outstanding shares: 67% for, 2% against (70% of the company cast a for/against vote).

The 388 asset managers below cast 99.8% of the shares they voted on this item FOR (2,061,704,810 for, 3,724,922 against).

FOR 99.7%

FOR: 2,061,704,810 (99.8%)AGAINST: 3,724,922 (0.2%)ABSTAIN: 527,933 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Sandra E. Peterson” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,726,437	218,413	18	For
Fidelity	312,387,202	0	0	For
BlackRock	208,274,624	45,559	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,634,654	0	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 388 asset managers. See all 388 in the interactive database.

17. Election of Directors: Teri L. List

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 13 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 4,999,681,887AGAINST: 175,326,264

Microsoft Corporation’s own tally for this item (“Elect Director: Teri L. List”): 4,999,681,887 for, 175,326,264 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 7,435,000,000 outstanding shares: 67% for, 2% against (70% of the company cast a for/against vote).

The 388 asset managers below cast 99.8% of the shares they voted on this item FOR (2,062,137,102 for, 3,414,153 against).

FOR 99.8%

FOR: 2,062,137,102 (99.8%)AGAINST: 3,414,153 (0.2%)ABSTAIN: 527,706 (0.0%)UNKNOWN: 55,331 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Election of Directors: Teri L. List” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	669,944,588	266	14	For
Fidelity	312,387,202	0	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
JPMorgan	57,242,573	0	0	For
State Street	49,633,354	1,300	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Equitable	8,198,123	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,820,759	19,593	0	For

Showing the 25 largest of 388 asset managers. See all 388 in the interactive database.

18. European Security Program Censorship Risk Audit

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 10 wordings of this item as funds reported it.

0.8% Majority: no · of votes cast

AGAINST 99.2%

FOR: 40,404,047AGAINST: 5,102,931,493

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: European Security Program Censorship Risk Audit”): 40,404,047 for, 5,102,931,493 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 7,435,000,000 outstanding shares: 0.6% for, 69% against (69% of the company cast a for/against vote).

The 385 asset managers below cast 0.1% of the shares they voted on this item FOR (1,741,580 for, 1,994,584,111 against).

AGAINST 99.6%

FOR: 1,741,580 (0.1%)AGAINST: 1,994,584,111 (99.6%)ABSTAIN: 5,542,855 (0.3%)UNKNOWN: 78,791 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “European Security Program Censorship Risk Audit” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	218,210	669,726,583	64	Against
Fidelity	0	312,387,202	0	Against
BlackRock	0	208,320,183	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
State Street	0	49,634,654	0	Against
Charles Schwab	0	48,029,251	0	Against
TIAA	0	45,635,726	0	Against
Invesco	0	29,131,176	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	0	19,808,795	0	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	0	14,929,162	0	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	0	10,450,823	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	0	9,460,429	0	Against
Six Circles Trust	0	8,721,571	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	0	7,840,352	0	Against
Equitable	0	7,579,317	0	Against
Franklin Custodian Funds	0	7,129,009	0	Against

Showing the 25 largest of 385 asset managers. See all 385 in the interactive database.

19. Report on Human Rights Due Diligence

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 9 wordings of this item as funds reported it.

26% Majority: no · of votes cast

FOR 26%AGAINST 74%

FOR: 1,336,945,255AGAINST: 3,738,252,211

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Human Rights Due Diligence”): 1,336,945,255 for, 3,738,252,211 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 7,435,000,000 outstanding shares: 18% for, 50.3% against (68% of the company cast a for/against vote).

The 383 asset managers below cast 3% of the shares they voted on this item FOR (63,449,277 for, 1,918,908,007 against).

AGAINST 96%

FOR: 63,449,277 (3.2%)AGAINST: 1,918,908,007 (95.9%)ABSTAIN: 19,564,186 (1.0%)UNKNOWN: 23,460 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “Report on Human Rights Due Diligence” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	824,081	669,120,615	174	Against
Fidelity	830,776	310,872,849	683,577	Against
BlackRock	142,617	208,177,566	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
State Street	29,412	49,605,242	0	Against
Charles Schwab	0	48,029,251	0	Against
TIAA	0	45,635,726	0	Against
Invesco	787,604	28,343,572	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	84,939	17,348,700	2,375,156	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	90,879	14,836,172	2,111	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	0	10,450,823	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	85,224	9,375,205	0	Against
Six Circles Trust	0	8,721,571	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	3,274,602	4,565,750	0	Against
Equitable	155,756	3,782,201	3,641,360	Against
Franklin Custodian Funds	0	7,129,009	0	Against

Showing the 25 largest of 383 asset managers. See all 383 in the interactive database.

20. Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2026

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 12 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 5,897,883,259AGAINST: 408,304,657

Microsoft Corporation’s own tally for this item (“Ratification of Appointment of Independent Auditor for Fisal Year 2026”): 5,897,883,259 for, 408,304,657 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 7,435,000,000 outstanding shares: 79% for, 5% against (85% of the company cast a for/against vote).

The 382 asset managers below cast 99.4% of the shares they voted on this item FOR (1,989,867,780 for, 11,400,078 against).

FOR 99.3%

FOR: 1,989,867,780 (99.4%)AGAINST: 11,400,078 (0.6%)ABSTAIN: 606,630 (0.0%)NOT VOTED: 5,750 (0.0%)

Largest asset managers voting on “Ratification of the Selection of Deloitte & Touche LLP as our Independent Auditor for Fiscal Year 2026” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	666,253,485	3,691,364	18	For
Fidelity	312,381,103	6,099	0	For
BlackRock	208,320,183	0	0	For
Capital Group	166,470,347	0	0	For
T. Rowe Price	70,083,755	0	0	For
State Street	49,633,354	1,300	0	For
Charles Schwab	48,029,251	0	0	For
TIAA	45,635,726	0	0	For
Invesco	29,131,176	0	0	For
INVESTMENT CO OF AMERICA	25,184,994	0	0	For
JANUS INVESTMENT FUND	19,808,795	0	0	For
MFS	17,600,446	0	0	For
Columbia Threadneedle	16,845,424	0	0	For
Jackson National	14,929,162	0	0	For
AMCAP FUND	13,857,449	0	0	For
American Century	11,440,412	0	0	For
MASTER INVESTMENT PORTFOLIO	11,416,574	0	0	For
Prudential/PGIM	10,450,823	0	0	For
Putnam	9,895,187	0	0	For
Dimensional	9,460,429	0	0	For
Six Circles Trust	8,721,571	0	0	For
Victory Capital	7,894,106	0	0	For
John Hancock	7,840,352	0	0	For
Equitable	7,489,583	89,734	0	For
Franklin Custodian Funds	7,129,009	0	0	For

Showing the 25 largest of 382 asset managers. See all 382 in the interactive database.

21. Report on Data Operations in Human Rights Hotspots

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-12-05.

Combines 10 wordings of this item as funds reported it.

27% Majority: no · of votes cast

FOR 27%AGAINST 73%

FOR: 1,406,735,187AGAINST: 3,712,753,371

Microsoft Corporation’s own tally for this item (“Shareholder Proposal: Report on Data Operations in Human Rights Hotspots”): 1,406,735,187 for, 3,712,753,371 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 7,435,000,000 outstanding shares: 19% for, 49.9% against (69% of the company cast a for/against vote).

The 381 asset managers below cast 3% of the shares they voted on this item FOR (59,951,950 for, 1,931,168,772 against).

AGAINST 97%

FOR: 59,951,950 (3.0%)AGAINST: 1,931,168,772 (96.6%)ABSTAIN: 8,304,637 (0.4%)UNKNOWN: 23,460 (0.0%)NOT VOTED: 6,396 (0.0%)

Largest asset managers voting on “Report on Data Operations in Human Rights Hotspots” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	824,144	669,120,617	105	Against
Fidelity	836,875	311,550,327	0	Against
BlackRock	142,617	208,177,566	0	Against
Capital Group	0	166,470,347	0	Against
T. Rowe Price	0	70,083,755	0	Against
State Street	29,412	49,605,242	0	Against
Charles Schwab	0	48,029,251	0	Against
TIAA	0	45,635,726	0	Against
Invesco	692,159	28,439,017	0	Against
INVESTMENT CO OF AMERICA	0	25,184,994	0	Against
JANUS INVESTMENT FUND	84,939	17,348,700	2,375,156	Against
MFS	0	17,600,446	0	Against
Columbia Threadneedle	0	16,845,424	0	Against
Jackson National	345,508	14,583,654	0	Against
AMCAP FUND	0	13,857,449	0	Against
American Century	0	11,440,412	0	Against
MASTER INVESTMENT PORTFOLIO	0	11,416,574	0	Against
Prudential/PGIM	251,042	10,199,781	0	Against
Putnam	0	9,895,187	0	Against
Dimensional	85,224	9,375,205	0	Against
Six Circles Trust	0	8,721,571	0	Against
Victory Capital	0	7,894,106	0	Against
John Hancock	2,978,832	4,861,520	0	Against
Equitable	324,373	7,254,944	0	Against
Franklin Custodian Funds	0	7,129,009	0	Against

Showing the 25 largest of 381 asset managers. See all 381 in the interactive database.

22. SECTION 14A EXECUTIVE COMPENSATION

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

Meeting held 2025-12-05.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 4,744,731,533AGAINST: 415,831,135

The 39 asset managers below cast 97% of the shares they voted on this item FOR (1,035,457 for, 27,321 against).

FOR 89%8%

FOR: 1,035,457 (89.4%)AGAINST: 27,321 (2.4%)ABSTAIN: 87,678 (7.6%)NOT VOTED: 7,500 (0.6%)

Largest asset managers voting on “SECTION 14A EXECUTIVE COMPENSATION” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Baker Avenue Asset Management, LP	220,338	0	0	For
Interval Partners, LP	133,399	0	0	For
EAGLE GLOBAL ADVISORS LLC	133,338	0	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	87,523	Abstain
Wallington Asset Management, LLC	83,044	0	0	For
Claret Asset Management Corp	66,723	0	0	For
K.J. Harrison & Partners Inc	54,051	0	0	For
Valiant Capital Management, L.P.	47,960	0	0	For
COURIER CAPITAL LLC	43,966	0	0	For
Cove Private Wealth, LLC	43,486	0	0	For
OLD SECOND NATIONAL BANK OF AURORA	38,528	0	0	For
Settian Capital LP	20,453	0	0	For
Blue Edge Capital, LLC	20,251	0	0	For
KTF INVESTMENTS, LLC	16,316	0	0	For
McGowan Group Asset Management, Inc.	16,284	0	0	For
PRENTISS SMITH & CO INC	0	16,134	0	Against
Bell & Brown Wealth Advisors, LLC	14,860	0	0	For
HOURGLASS CAPITAL, LLC	14,220	0	0	For
River Street Advisors LLC	14,004	0	0	For
Rockport Wealth LLC	12,490	0	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	11,187	0	Against
Inlet Private Wealth, LLC	9,261	0	0	For
WILLIAMSBURG INVESTMENT TRUST	0	0	0	Not Voted
TEALWOOD ASSET MANAGEMENT INC	5,752	0	0	For
Ultimus Managers Trust	4,790	0	0	For

Showing the 25 largest of 39 asset managers. See all 39 in the interactive database.

23. Ratify Deloitte & Touche LLP as Auditors

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-12-05.

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 5,897,883,259AGAINST: 408,304,657

The 24 asset managers below cast 99.9% of the shares they voted on this item FOR (64,232,204 for, 19,300 against).

FOR 99.9%

FOR: 64,232,204 (100.0%)AGAINST: 19,300 (0.0%)

Largest asset managers voting on “Ratify Deloitte & Touche LLP as Auditors” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	57,242,573	0	For
Empower	1,376,088	0	For
Erste Asset Management GmbH	846,749	0	For
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	784,900	0	For
Transamerica	739,856	0	For
Nationwide	638,377	0	For
Equitable	618,806	0	For
Lincoln Financial	576,385	0	For
Advisors' Inner Circle Fund III	310,627	0	For
Dixon Mitchell Investment Counsel Inc.	284,724	0	For
HC CAPITAL TRUST	248,743	0	For
Brighthouse	233,684	0	For
VALUED ADVISERS TRUST	107,141	19,300	For
CLEARWATER INVESTMENT TRUST	116,662	0	For
Northwestern Mutual	30,255	0	For
OARSMAN CAPITAL, INC.	30,172	0	For
GreenFi Funds Trust	24,079	0	For
NORTHERN LIGHTS FUND TRUST III	5,544	0	For
WORMSER FRERES GESTION	5,523	0	For
iM Global Partner Funds	5,500	0	For
Eleva Capital SAS	5,363	0	For
Multi-Select Securities Fund for Puerto Rico Residents	417	0	For
UNIFIED SERIES TRUST	21	0	For
Dorsey Wright & Associates	15	0	For

24. Human Rights Risk Assessment

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-12-05.

Combines 2 wordings of this item as funds reported it.

4% fund support · no official result

AGAINST 96%

The 23 asset managers below cast 4% of the shares they voted on this item FOR (2,558,546 for, 60,908,058 against).

FOR: 2,558,546 (4.0%)AGAINST: 60,908,058 (96.0%)

Largest asset managers voting on “Human Rights Risk Assessment” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	57,242,573	Against
Empower	1,175,514	200,574	For
Erste Asset Management GmbH	846,749	0	For
Transamerica	0	739,856	Against
Nationwide	0	638,377	Against
Equitable	0	618,806	Against
Lincoln Financial	86,460	489,925	Against
Advisors' Inner Circle Fund III	0	310,627	Against
Dixon Mitchell Investment Counsel Inc.	284,724	0	For
HC CAPITAL TRUST	0	248,743	Against
Brighthouse	69,186	164,498	Against
VALUED ADVISERS TRUST	19,300	107,141	Against
CLEARWATER INVESTMENT TRUST	0	116,662	Against
Northwestern Mutual	0	30,255	Against
OARSMAN CAPITAL, INC.	30,172	0	For
GreenFi Funds Trust	24,079	0	For
NORTHERN LIGHTS FUND TRUST III	5,544	0	For
WORMSER FRERES GESTION	5,523	0	For
iM Global Partner Funds	5,500	0	For
Eleva Capital SAS	5,363	0	For
Multi-Select Securities Fund for Puerto Rico Residents	417	0	For
UNIFIED SERIES TRUST	0	21	Against
Dorsey Wright & Associates	15	0	For

25. Report on Risks of Microsoft's ESP being Utilized for Censorship of Legitimate Speech

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-12-05.

Combines 2 wordings of this item as funds reported it.

0% fund support · no official result

AGAINST 100%

The 23 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 63,466,604 against).

AGAINST: 63,466,604 (100.0%)

Largest asset managers voting on “Report on Risks of Microsoft's ESP being Utilized for Censorship of Legitimate Speech” at Microsoft Corporation, 2025-2026
Asset manager	Against	Vote
JPMorgan	57,242,573	Against
Empower	1,376,088	Against
Erste Asset Management GmbH	846,749	Against
Transamerica	739,856	Against
Nationwide	638,377	Against
Equitable	618,806	Against
Lincoln Financial	576,385	Against
Advisors' Inner Circle Fund III	310,627	Against
Dixon Mitchell Investment Counsel Inc.	284,724	Against
HC CAPITAL TRUST	248,743	Against
Brighthouse	233,684	Against
VALUED ADVISERS TRUST	126,441	Against
CLEARWATER INVESTMENT TRUST	116,662	Against
Northwestern Mutual	30,255	Against
OARSMAN CAPITAL, INC.	30,172	Against
GreenFi Funds Trust	24,079	Against
NORTHERN LIGHTS FUND TRUST III	5,544	Against
WORMSER FRERES GESTION	5,523	Against
iM Global Partner Funds	5,500	Against
Eleva Capital SAS	5,363	Against
Multi-Select Securities Fund for Puerto Rico Residents	417	Against
UNIFIED SERIES TRUST	21	Against
Dorsey Wright & Associates	15	Against

26. Report on Risks of Operating in Countries with Significant Human Rights Concerns

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-12-05.

Combines 2 wordings of this item as funds reported it.

4% fund support · no official result

AGAINST 96%

The 23 asset managers below cast 4% of the shares they voted on this item FOR (2,609,729 for, 60,856,875 against).

FOR: 2,609,729 (4.1%)AGAINST: 60,856,875 (95.9%)

Largest asset managers voting on “Report on Risks of Operating in Countries with Significant Human Rights Concerns” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
JPMorgan	51,183	57,191,390	Against
Empower	1,175,514	200,574	For
Erste Asset Management GmbH	846,749	0	For
Transamerica	0	739,856	Against
Nationwide	0	638,377	Against
Equitable	0	618,806	Against
Lincoln Financial	86,460	489,925	Against
Advisors' Inner Circle Fund III	0	310,627	Against
Dixon Mitchell Investment Counsel Inc.	284,724	0	For
HC CAPITAL TRUST	0	248,743	Against
Brighthouse	69,186	164,498	Against
VALUED ADVISERS TRUST	19,300	107,141	Against
CLEARWATER INVESTMENT TRUST	0	116,662	Against
Northwestern Mutual	0	30,255	Against
OARSMAN CAPITAL, INC.	30,172	0	For
GreenFi Funds Trust	24,079	0	For
NORTHERN LIGHTS FUND TRUST III	5,544	0	For
WORMSER FRERES GESTION	5,523	0	For
iM Global Partner Funds	5,500	0	For
Eleva Capital SAS	5,363	0	For
Multi-Select Securities Fund for Puerto Rico Residents	417	0	For
UNIFIED SERIES TRUST	0	21	Against
Dorsey Wright & Associates	15	0	For

27. Adopt Stock Option Plan

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

Meeting held 2025-12-05.

97% Majority: yes · of votes cast

FOR 97%

FOR: 5,016,063,751AGAINST: 151,618,873

The 11 asset managers below cast 50.9% of the shares they voted on this item FOR (98,331 for, 95,023 against).

FOR 50.9%AGAINST 49.1%

FOR: 98,331 (50.9%)AGAINST: 95,023 (49.1%)

Largest asset managers voting on “Adopt Stock Option Plan” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
LEAVELL INVESTMENT MANAGEMENT, INC.	0	87,523	Against
Cove Private Wealth, LLC	43,486	0	For
Settian Capital LP	20,453	0	For
McGowan Group Asset Management, Inc.	16,284	0	For
WILLIAMSBURG INVESTMENT TRUST	0	7,500	Against
TEALWOOD ASSET MANAGEMENT INC	5,752	0	For
Ultimus Managers Trust	4,790	0	For
NORTHERN LIGHTS FUND TRUST II	4,025	0	For
ESL Trust Services, LLC	1,806	0	For
ETF Opportunities Trust	1,472	0	For
Williamson Legacy Group, LLC	263	0	For

28. Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").

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

Meeting held 2024-12-10 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 3 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 4,727,655,048AGAINST: 448,256,975

Microsoft Corporation’s own tally for this item (“Advisory Vote to Approve Named Executive Officer Compensation”): 4,727,655,048 for, 448,256,975 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 7,435,000,000 outstanding shares: 64% for, 6% against (70% of the company cast a for/against vote).

The 9 asset managers below cast 52.6% of the shares they voted on this item FOR (1,172,264 for, 1,057,494 against).

FOR 52.6%AGAINST 47.4%

FOR: 1,172,264 (52.6%)AGAINST: 1,057,494 (47.4%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
PENSIOENFONDS RAIL & OV	0	1,057,494	Against
Investment Management Corp of Ontario	666,946	0	For
NORRIS PERNE & FRENCH LLP/MI	221,287	0	For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	128,761	0	For
GLENMEDE FUND INC	123,089	0	For
FIRST UNITED BANK & TRUST	17,988	0	For
Slow Capital, Inc.	11,722	0	For
Hodges Capital Management Inc.	1,971	0	For
Philip James Wealth Mangement, LLC	500	0	For

29. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-12-05.

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

100% fund support · no official result

FOR 100%

The 8 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 Microsoft Corporation, 2025-2026
Asset manager	For	Vote
McGowan Group Asset Management, Inc.	16,284	For
WILLIAMSBURG INVESTMENT TRUST	7,500	For
TEALWOOD ASSET MANAGEMENT INC	5,752	For
Ultimus Managers Trust	4,790	For
NORTHERN LIGHTS FUND TRUST II	4,025	For
ESL Trust Services, LLC	1,806	For
ETF Opportunities Trust	1,472	For
Williamson Legacy Group, LLC	263	For

30. S/H Proposal - Corporate Governance

CORPORATE GOVERNANCE

Meeting held 2025-12-05.

28% fund support · no official result

FOR 20%AGAINST 51.0%NOT VOTED 29%

The 7 asset managers below cast 28% of the shares they voted on this item FOR (5,053 for, 13,055 against).

FOR: 5,053 (19.7%)AGAINST: 13,055 (51.0%)NOT VOTED: 7,500 (29.3%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	0	Not Voted
TEALWOOD ASSET MANAGEMENT INC	0	5,752	Against
Ultimus Managers Trust	4,790	0	For
NORTHERN LIGHTS FUND TRUST II	0	4,025	Against
ESL Trust Services, LLC	0	1,806	Against
ETF Opportunities Trust	0	1,472	Against
Williamson Legacy Group, LLC	263	0	For

31. S/H Proposal - Human Rights Related

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-12-05.

24% fund support · no official result

FOR 17%AGAINST 54.0%NOT VOTED 29%

The 7 asset managers below cast 24% of the shares they voted on this item FOR (4,288 for, 13,820 against).

FOR: 4,288 (16.7%)AGAINST: 13,820 (54.0%)NOT VOTED: 7,500 (29.3%)

Largest asset managers voting on “S/H Proposal - Human Rights Related” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	0	Not Voted
TEALWOOD ASSET MANAGEMENT INC	0	5,752	Against
Ultimus Managers Trust	0	4,790	Against
NORTHERN LIGHTS FUND TRUST II	4,025	0	For
ESL Trust Services, LLC	0	1,806	Against
ETF Opportunities Trust	0	1,472	Against
Williamson Legacy Group, LLC	263	0	For

32. Shareholder Proposal Regarding GenAI Discrimination

OTHER SOCIAL ISSUES

Meeting held 2025-12-05.

0% fund support · no official result

AGAINST 100%

The 6 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 2,496,105 against).

AGAINST: 2,496,105 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding GenAI Discrimination” at Microsoft Corporation, 2025-2026
Asset manager	Against	Vote
Cardano Risk Management B.V.	2,388,968	Against
Retail Employees Superannuation Pty Ltd as trustee for Retai	72,628	Against
AMERICAN BEACON FUNDS	20,120	Against
Northern Lights Fund Trust IV	13,724	Against
PACE SELECT ADVISORS TRUST	569	Against
Two Roads Shared Trust	96	Against

33. Shareholder Proposal Regarding Report on Siting in Countries of Significant Human Rights Concern

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-12-05.

26% Majority: no · of votes cast

FOR 26%AGAINST 74%

FOR: 1,336,945,255AGAINST: 3,738,252,211

The 6 asset managers below cast 99.4% of the shares they voted on this item FOR (2,481,716 for, 14,389 against).

FOR 99.4%

FOR: 2,481,716 (99.4%)AGAINST: 14,389 (0.6%)

Largest asset managers voting on “Shareholder Proposal Regarding Report on Siting in Countries of Significant Human Rights Concern” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	2,388,968	0	For
Retail Employees Superannuation Pty Ltd as trustee for Retai	72,628	0	For
AMERICAN BEACON FUNDS	20,120	0	For
Northern Lights Fund Trust IV	0	13,724	Against
PACE SELECT ADVISORS TRUST	0	569	Against
Two Roads Shared Trust	0	96	Against

34. Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2025-09-30; no official results on file for that date.

0.1% fund support · no official result

AGAINST 99.8%

The 4 asset managers below cast 0.1% of the shares they voted on this item FOR (9,383 for, 12,901,138 against).

FOR: 9,383 (0.1%)AGAINST: 12,901,138 (99.9%)NOT VOTED: 6,392 (0.0%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Vote
SCHRODER INVESTMENT MANAGEMENT GROUP	0	12,901,138	Against
GLOBALT Investments LLC / GA	4,599	0	For
Robertson Stephens Wealth Management, LLC	3,884	0	For
Spinnaker ETF Series	900	0	For

35. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-12-05.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (33,729 for, 0 against).

FOR: 33,729 (100.0%)

Largest asset managers voting on “Director Elections” at Microsoft Corporation, 2025-2026
Asset manager	For	Vote
Members Trust Co	29,401	For
Ballew Advisors, Inc	2,872	For
Praetorian Wealth Management, Inc.	1,456	For

36. COMPENSATION

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

Meeting held 2025-12-05.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 4,744,731,533AGAINST: 415,831,135

The 3 asset managers below cast 100% of the shares they voted on this item FOR (41,278 for, 0 against).

FOR 100%

FOR: 41,278 (100.0%)

Largest asset managers voting on “COMPENSATION” at Microsoft Corporation, 2025-2026
Asset manager	For	Vote
Members Trust Co	29,401	For
Brookmont Capital Management	10,552	For
Capital Group	1,325	For

37. Election of Directors

DIRECTOR ELECTIONS

Meeting held 2025-12-05.

100% fund support · no official result

FOR 24%FOR ALL 76%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 24.0%FOR ALL: 76.0%

Largest asset managers voting on “Election of Directors” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Ultimus Managers Trust	0	0	0	0	For All
Rockport Wealth LLC	12,490	0	0	0	For

38. Advisory Vote on Exec Comp

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-12-05.

Combines 2 wordings of this item as funds reported it.

87% fund support · no official result

FOR 87%13%

The 2 asset managers below cast 87% of the shares they voted on this item FOR (38,524 for, 5,542 against).

FOR: 38,524 (87.4%)AGAINST: 5,542 (12.6%)

Largest asset managers voting on “Advisory Vote on Exec Comp” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Harbor Island Capital LLC	38,524	0	0	0	For
Campion Asset Management	0	5,542	0	0	Against

39. Advisory Vote to Approve Named Executive Officer Compensation ("say on pay vote").

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2026-12-05; no official results on file for that date (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.

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, 94,669 against).

AGAINST: 94,669 (100.0%)

Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation ("say on pay vote").” at Microsoft Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Columbus Hill Capital Management, L.P.	0	93,434	0	0	Against
Delaney Capital Management Ltd.	0	1,235	0	0	Against

Largest Microsoft Corporation shareholders voting in 2025-2026

Ranked by the number of Microsoft Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 7,435,000,000 shares outstanding at the time of that meeting.

Top Microsoft Corporation shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	9.99%
2	BlackRock	6.85%
3	Fidelity	6.80%
4	Capital Group	4.21%
5	T. Rowe Price	3.04%
6	GEODE CAPITAL MANAGEMENT, LLC	2.43%
7	State Street	2.24%
8	Charles Schwab	1.33%
9	Invesco	1.14%
10	Capital Research Global Investors	0.98%

Reported Microsoft Corporation ownership

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

Microsoft Corporation beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	9.66%	13F
BlackRock	7.98%	13F
State Street	4.13%	13F
FMR (Fidelity)	2.56%	13F
JPMorgan Chase	1.71%	13F
Morgan Stanley	1.63%	13F
T. Rowe Price	1.58%	13F
Northern Trust	1.07%	13F
Goldman Sachs	0.95%	13F
Satya Nadella	0.01%	DEF14A

Percentages above are of 7,435,000,000 shares outstanding, as reported by Microsoft Corporation on its Form 10-Q dated 2024-12-31 (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 Microsoft Corporation’s 10-Q dated 2024-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Microsoft Corporation's shareholder meeting held 2025-12-05, in the 2025-2026 proxy season, 2,353 asset managers reported how they voted in their SEC Form N-PX filings, covering 59,455 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 Vote to Approve Named Executive Officer Compensation ("say-on-pay vote") — FOR was 92% 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: Microsoft Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

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