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PAYCHEX INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and PAYCHEX INC.’s Form 8-K, filed 2023-10-13 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 27Reported items
  • 1,044Asset managers
  • 13,716Fund votes
  • 2023-10-12Meeting date

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

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

Official 2023-2024 meeting results reported by PAYCHEX INC.

These tallies are PAYCHEX INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2023-10-13 (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.

PAYCHEX INC. — official shareholder meeting results, meeting held 2023-10-12
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Martin Mucci 272,348,48711,459,316354,370 --36,966,022 Majority: yes
Elect Director: Thomas F. Bonadio 270,938,39412,876,253347,526 --36,966,022 Majority: yes
Elect Director: Joseph G. Doody 270,116,02513,740,123306,025 --36,966,022 Majority: yes
Elect Director: David J.S. Flaschen 269,141,17714,724,270296,726 --36,966,022 Majority: yes
Elect Director: John B. Gibson 280,391,4863,469,755300,932 --36,966,022 Majority: yes
Elect Director: B. Thomas Golisano 276,796,6557,116,988248,530 --36,966,022 Majority: yes
Elect Director: Pamela A. Joseph 264,321,16419,582,173258,836 --36,966,022 Majority: yes
Elect Director: Theresa M. Payton 283,304,747595,051262,375 --36,966,022 Majority: yes
Elect Director: Kevin A. Price 271,949,36511,802,852409,956 --36,966,022 Majority: yes
Elect Director: Joseph M. Tucci 260,451,56323,394,394316,216 --36,966,022 Majority: yes
Elect Director: Joseph M. Velli 275,502,5268,343,581316,066 --36,966,022 Majority: yes
Elect Director: Kara Wilson 280,255,2203,624,649282,304 --36,966,022 Majority: yes

Source: PAYCHEX INC., Form 8-K, filed with the SEC on 2023-10-13 — read the filing on EDGAR.

How asset managers voted at the PAYCHEX INC. 2023-2024 meeting

Each item below shows how the 1,044 asset managers that disclosed a PAYCHEX INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PAYCHEX INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to approve named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 11 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 934 asset managers below cast 97% of the shares they voted on this item FOR (233,157,012 for, 7,547,390 against).

FOR: 233,157,012 (96.5%)AGAINST: 7,547,390 (3.1%)ABSTAIN: 675,135 (0.3%)NOT VOTED: 62,168 (0.0%)UNKNOWN: 57,850 (0.0%)1 YEAR: 9,293 (0.0%)NO VOTE: 5,030 (0.0%)ONE YEAR: 179 (0.0%)
Largest asset managers voting on “Advisory vote to approve named executive officer compensation” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group38,532,456186 00For
Vanguard30,133,7100 00For
BlackRock20,304,6732,028 00For
Fidelity16,184,3780 00For
Charles Schwab13,379,6700 00For
State Street10,036,5510 00For
MCDONALD CAPITAL INVESTORS INC/CA9,536,7990 00For
GEODE CAPITAL MANAGEMENT, LLC8,344,0700 00For
Foster Victor Wealth Advisors, LLC4,207,1410 00For
Idaho Trust Bank4,030,0000 00For
Invesco3,388,1660 00For
Northern Trust2,428,40747,450 00For
ENVESTNET ASSET MANAGEMENT INC2,291,4830 00For
Federated Hermes2,277,4530 00For
First Trust2,252,5299,964 00For
Select Equity Group, L.P.2,238,9150 00For
LONDON CO OF VIRGINIA2,119,7200 00For
BAHL & GAYNOR INC2,040,4770 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM2,002,3580 00For
Legal & General Investment Management Ltd01,897,910 00Against
MELLON INVESTMENTS Corp1,860,9690 00For
T. Rowe Price1,689,3340 00For
Dimensional1,471,0980 00For
AllianceBernstein1,452,0560 00For
Goldman Sachs1,424,5370 00For

Showing the 25 largest of 934 asset managers. See all 934 in the interactive database.

2. Advisory vote on the frequency of future advisory votes on named executive officer compensation

SECTION 14A SAY-ON-PAY VOTESSECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 12 wordings of this item as funds reported it.

99.9% fund support · no official result

ONE YEAR 71%1 YEAR 20%

The 904 asset managers below cast 99.9% of the shares they voted on this item FOR (14,837,668 for, 9,293 against).

FOR: 14,837,668 (6.1%)AGAINST: 9,293 (0.0%)ABSTAIN: 41,556 (0.0%)ONE YEAR: 172,312,161 (71.4%)1 YEAR: 49,320,693 (20.4%)1: 2,327,972 (1.0%)THREE YEARS: 1,496,128 (0.6%)1 YEAR: 337,658 (0.1%)3 YEARS: 299,759 (0.1%)2 YEARS: 211,338 (0.1%)NOT VOTED: 62,168 (0.0%)1-YEAR: 61,427 (0.0%)NO VOTE: 5,030 (0.0%)3 YEAR: 928 (0.0%)FOR 1 YEAR: 335 (0.0%)TWO YEARS: 262 (0.0%)1YEAR: 200 (0.0%)
Largest asset managers voting on “Advisory vote on the frequency of future advisory votes on named executive officer compensation” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group00 00One Year
Vanguard00 00One Year
BlackRock00 00One Year
Fidelity00 00One Year
Charles Schwab00 001 Year
State Street00 00One Year
MCDONALD CAPITAL INVESTORS INC/CA9,536,7990 00For
GEODE CAPITAL MANAGEMENT, LLC00 00One Year
Foster Victor Wealth Advisors, LLC00 001 Year
Idaho Trust Bank4,030,0000 00For
Invesco00 00One Year
Northern Trust00 001 Year
ENVESTNET ASSET MANAGEMENT INC00 001 Year
Federated Hermes00 001 Year
First Trust00 00One Year
Select Equity Group, L.P.00 001
LONDON CO OF VIRGINIA00 00One Year
BAHL & GAYNOR INC00 001 Year
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM00 001 Year
Legal & General Investment Management Ltd00 00One Year
MELLON INVESTMENTS Corp00 00One Year
T. Rowe Price00 00One Year
Dimensional00 00Three Years
AllianceBernstein00 00One Year
Goldman Sachs00 00One Year

Showing the 25 largest of 904 asset managers. See all 904 in the interactive database.

3. Election of Directors Nominees: Martin Mucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 272,348,487AGAINST: 11,459,316

PAYCHEX INC.’s own tally for this item (“Elect Director: Martin Mucci”): 272,348,487 for, 11,459,316 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 75% for, 3% against (79% of the company cast a for/against vote).

The 161 asset managers below cast 99.7% of the shares they voted on this item FOR (96,563,893 for, 209,959 against).

FOR 99.7%
FOR: 96,563,893 (99.7%)AGAINST: 209,959 (0.2%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Martin Mucci” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable292,7608,500 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

4. Election of Directors Nominees: Thomas F. Bonadio

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 270,938,394AGAINST: 12,876,253

PAYCHEX INC.’s own tally for this item (“Elect Director: Thomas F. Bonadio”): 270,938,394 for, 12,876,253 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 75% for, 4% against (79% of the company cast a for/against vote).

The 160 asset managers below cast 99.7% of the shares they voted on this item FOR (96,463,317 for, 232,283 against).

FOR 99.7%
FOR: 96,463,317 (99.7%)AGAINST: 232,283 (0.2%)ABSTAIN: 38,284 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Thomas F. Bonadio” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS434,03716,600 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon387,98923,210 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

5. Election of Directors Nominees: Joseph G. Doody

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 270,116,025AGAINST: 13,740,123

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph G. Doody”): 270,116,025 for, 13,740,123 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 75% for, 4% against (79% of the company cast a for/against vote).

The 160 asset managers below cast 99.6% of the shares they voted on this item FOR (96,394,634 for, 300,898 against).

FOR 99.6%
FOR: 96,394,634 (99.6%)AGAINST: 300,898 (0.3%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Joseph G. Doody” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS434,03716,600 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

6. Election of Directors Nominees: David J.S. Flaschen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 269,141,177AGAINST: 14,724,270

PAYCHEX INC.’s own tally for this item (“Elect Director: David J.S. Flaschen”): 269,141,177 for, 14,724,270 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 75% for, 4% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.7% of the shares they voted on this item FOR (96,477,881 for, 212,652 against).

FOR 99.7%
FOR: 96,477,881 (99.7%)AGAINST: 212,652 (0.2%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: David J.S. Flaschen” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon387,98923,210 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

7. Election of Directors Nominees: John B. Gibson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 280,391,486AGAINST: 3,469,755

PAYCHEX INC.’s own tally for this item (“Elect Director: John B. Gibson”): 280,391,486 for, 3,469,755 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 78% for, 1.0% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (96,595,428 for, 95,172 against).

FOR 99.8%
FOR: 96,595,428 (99.9%)AGAINST: 95,172 (0.1%)ABSTAIN: 38,284 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: John B. Gibson” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

8. Election of Directors Nominees: B. Thomas Golisano

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 276,796,655AGAINST: 7,116,988

PAYCHEX INC.’s own tally for this item (“Elect Director: B. Thomas Golisano”): 276,796,655 for, 7,116,988 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 77% for, 2% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (96,650,543 for, 40,057 against).

FOR 99.9%
FOR: 96,650,543 (99.9%)AGAINST: 40,057 (0.0%)ABSTAIN: 38,284 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: B. Thomas Golisano” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

9. Election of Directors Nominees: Pamela A. Joseph

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 264,321,164AGAINST: 19,582,173

PAYCHEX INC.’s own tally for this item (“Elect Director: Pamela A. Joseph”): 264,321,164 for, 19,582,173 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 73% for, 5% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.2% of the shares they voted on this item FOR (95,942,923 for, 747,610 against).

FOR 99.1%
FOR: 95,942,923 (99.2%)AGAINST: 747,610 (0.8%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Pamela A. Joseph” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS434,03716,600 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable292,7608,500 00For
Waddell & Reed0299,389 00Against
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

10. Election of Directors Nominees: Theresa M. Payton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 6 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 283,304,747AGAINST: 595,051

PAYCHEX INC.’s own tally for this item (“Elect Director: Theresa M. Payton”): 283,304,747 for, 595,051 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 78% for, 0.2% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (96,688,929 for, 1,671 against).

FOR 99.9%
FOR: 96,688,929 (100.0%)AGAINST: 1,671 (0.0%)ABSTAIN: 38,284 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Theresa M. Payton” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

11. Election of Directors Nominees: Kevin A. Price

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 271,949,365AGAINST: 11,802,852

PAYCHEX INC.’s own tally for this item (“Elect Director: Kevin A. Price”): 271,949,365 for, 11,802,852 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 75% for, 3% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.7% of the shares they voted on this item FOR (96,458,317 for, 232,282 against).

FOR 99.7%
FOR: 96,458,317 (99.7%)AGAINST: 232,282 (0.2%)ABSTAIN: 38,284 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Kevin A. Price” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS434,03716,600 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon387,98923,210 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

12. Election of Directors Nominees: Joseph M. Tucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 260,451,563AGAINST: 23,394,394

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph M. Tucci”): 260,451,563 for, 23,394,394 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 72% for, 6% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.5% of the shares they voted on this item FOR (96,237,417 for, 453,116 against).

FOR 99.4%
FOR: 96,237,417 (99.5%)AGAINST: 453,116 (0.5%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Joseph M. Tucci” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS434,03716,600 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

13. Election of Directors Nominees: Joseph M. Velli

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 275,502,526AGAINST: 8,343,581

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph M. Velli”): 275,502,526 for, 8,343,581 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 76% for, 2% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.8% of the shares they voted on this item FOR (96,552,949 for, 137,584 against).

FOR 99.8%
FOR: 96,552,949 (99.8%)AGAINST: 137,584 (0.1%)ABSTAIN: 38,284 (0.0%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Joseph M. Velli” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

14. Election of Directors Nominees: Kara Wilson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2023-10-12.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 280,255,220AGAINST: 3,624,649

PAYCHEX INC.’s own tally for this item (“Elect Director: Kara Wilson”): 280,255,220 for, 3,624,649 against, per its Form 8-K filed 2023-10-13 (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 361,200,000 outstanding shares: 78% for, 1% against (79% of the company cast a for/against vote).

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (96,637,328 for, 51,601 against).

FOR 99.9%
FOR: 96,637,328 (99.9%)AGAINST: 51,601 (0.1%)ABSTAIN: 38,284 (0.0%)ONE YEAR: 1,671 (0.0%)
Largest asset managers voting on “Election of Directors Nominees: Kara Wilson” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,708,4410 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
Charles Schwab6,684,5440 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
Federated Hermes847,6070 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
BNY Mellon387,98923,210 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Jackson National291,7430 00For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

15. R A T I F I C A T I O N O F S E L E C T I O N O F PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATED

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 87 asset managers below cast 99.9% of the shares they voted on this item FOR (85,060,147 for, 28,973 against).

FOR: 85,060,147 (100.0%)AGAINST: 28,973 (0.0%)
Largest asset managers voting on “R A T I F I C A T I O N O F S E L E C T I O N O F PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGIS” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard28,445,9310 00For
Capital Group18,909,0130 00For
Fidelity11,036,4350 00For
BlackRock10,768,3000 00For
State Street2,375,9730 00For
First Trust2,248,1080 00For
Invesco1,614,4840 00For
Dimensional1,215,8420 00For
TIAA828,6780 00For
INVESTMENT CO OF AMERICA753,7640 00For
Victory Capital666,3050 00For
FRANKLIN STRATEGIC SERIES581,3000 00For
AMERICAN BEACON FUNDS450,6370 00For
T. Rowe Price435,1050 00For
ProShares423,6730 00For
BNY Mellon411,1990 00For
MASTER INVESTMENT PORTFOLIO344,6780 00For
Voya314,9830 00For
Equitable301,2600 00For
Waddell & Reed299,3890 00For
Lincoln Financial219,0160 00For
Goldman Sachs172,9390 00For
Legg Mason153,9200 00For
AIG/SunAmerica149,7370 00For
Northern Trust141,7330 00For

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

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

94% fund support · no official result

FOR 94%

The 41 asset managers below cast 94% of the shares they voted on this item FOR (8,422,198 for, 571,489 against).

FOR: 8,422,198 (93.6%)AGAINST: 571,489 (6.4%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Walter Scott & Partners Ltd4,843,9030 00For
Troy Asset Management Ltd1,389,6170 00For
NORDEA INVESTMENT MANAGEMENT AB0571,489 00Against
APG Asset Management US Inc.386,0560 00For
STOREBRAND ASSET MANAGEMENT AS380,0410 00For
ADAGE CAPITAL PARTNERS GP, L.L.C.246,4460 00For
TD ASSET MANAGEMENT INC235,9650 00For
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.210,5880 00For
JPMorgan190,5230 00For
MILLER HOWARD INVESTMENTS INC /NY166,0680 00For
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND127,8330 00For
Desjardins Global Asset Management Inc.51,7110 00For
iA Global Asset Management Inc.37,8870 00For
TIMOTHY PLAN36,4140 00For
Empower35,6910 00For
ESSEX INVESTMENT MANAGEMENT CO LLC28,1770 00For
Lincoln Financial14,4870 00For
Brighthouse5,5930 00For
OSSIAM5,5010 00For
ALGERT GLOBAL LLC5,1200 00For
SARATOGA ADVANTAGE TRUST4,2040 00For
Symmetry Panoramic Trust3,6140 00For
DOHJ, LLC2,5030 00For
OARSMAN CAPITAL, INC.2,4500 00For
USCF ETF Trust1,6710 00For

Showing the 25 largest of 41 asset managers. See all 41 in the interactive database.

17. Advisory Vote on Say on Pay Frequency

SECTION 14A SAY-ON-PAY VOTESSECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

88% fund support · no official result

11%ONE YEAR 85%

The 38 asset managers below cast 88% of the shares they voted on this item FOR (967,138 for, 129,504 against).

FOR: 967,138 (10.7%)AGAINST: 129,504 (1.4%)ONE YEAR: 7,614,434 (84.5%)1-YEAR: 247,923 (2.8%)1 YEAR: 43,393 (0.5%)THREE YEARS: 3,614 (0.0%)NOT VOTED: 1,400 (0.0%)1: 515 (0.0%)
Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Walter Scott & Partners Ltd00 00One Year
Troy Asset Management Ltd00 00One Year
NORDEA INVESTMENT MANAGEMENT AB571,4890 00For
APG Asset Management US Inc.00 00One Year
STOREBRAND ASSET MANAGEMENT AS00 00One Year
ADAGE CAPITAL PARTNERS GP, L.L.C.00 001-Year
TD ASSET MANAGEMENT INC00 00One Year
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.210,5880 00For
JPMorgan00 00One Year
MILLER HOWARD INVESTMENTS INC /NY166,0680 00For
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND0127,833 00Against
Desjardins Global Asset Management Inc.00 00One Year
iA Global Asset Management Inc.00 00One Year
TIMOTHY PLAN00 001 Year
Empower00 00One Year
ESSEX INVESTMENT MANAGEMENT CO LLC00 00One Year
Lincoln Financial00 00One Year
Vinva Investment Management Ltd9,5430 00For
BEACON INVESTMENT ADVISORY SERVICES, INC.8,9860 00For
Brighthouse00 00One Year
OSSIAM00 00One Year
Sepio Capital, LP00 001 Year
SARATOGA ADVANTAGE TRUST00 00One Year
Symmetry Panoramic Trust00 00Three Years
DOHJ, LLC00 001 Year

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

18. Ratification of PricewaterhouseCoopers LLP to serve as the independent registered public accounting firm

OTHER

Meeting held 2023-10-12.

97% fund support · no official result

FOR 97%

The 38 asset managers below cast 97% of the shares they voted on this item FOR (2,578,169 for, 88,335 against).

FOR: 2,578,169 (96.7%)AGAINST: 88,335 (3.3%)
Largest asset managers voting on “Ratification of PricewaterhouseCoopers LLP to serve as the independent registered public accounting firm” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
CITY NATIONAL ROCHDALE FUNDS417,1630 00For
Jackson National291,7430 00For
TOUCHSTONE FUNDS GROUP TRUST241,3730 00For
Investment Managers Series Trust227,9340 00For
John Hancock225,6280 00For
FENIMORE ASSET MANAGEMENT TRUST173,0800 00For
Gateway Trust160,5470 00For
JPMorgan150,6400 00For
ETF Series Solutions48,67186,471 00Against
Calamos110,2920 00For
Bridge Builder Trust93,9110 00For
Listed Funds Trust92,0090 00For
Northern Lights Fund Trust IV51,1890 00For
Pacer Funds Trust40,5350 00For
Allianz38,2630 00For
MADISON FUNDS31,6000 00For
Guardian Variable Products Trust31,2050 00For
ULTRA SERIES FUND29,5000 00For
NORTHERN LIGHTS FUND TRUST II25,0000 00For
COMMERCE FUNDS24,1600 00For
Investment House Funds24,0000 00For
Securian Funds Trust9,7140 00For
Tidal ETF Trust7,8280 00For
TrimTabs ETF Trust5,8840 00For
GPS Funds I5,5650 00For

Showing the 25 largest of 38 asset managers. See all 38 in the interactive database.

19. RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATED

Meeting held 2023-10-12.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.5%

The 34 asset managers below cast 99.9% of the shares they voted on this item FOR (8,828,632 for, 965 against).

FOR: 8,828,632 (99.6%)AGAINST: 965 (0.0%)ABSTAIN: 38,284 (0.4%)UNKNOWN: 67 (0.0%)
Largest asset managers voting on “RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCO” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Charles Schwab6,684,5440 00For
Federated Hermes847,6070 00For
ADVISORS' INNER CIRCLE FUND337,6580 00For
Vanguard262,5100 00For
SEI158,3340 00For
Neuberger Berman155,0750 00For
Prudential/PGIM99,1620 00For
HOWLAND CAPITAL MANAGEMENT LLC65,2970 00For
Brighthouse4,0530 38,2840Abstain
Brinker Capital Destinations Trust41,7250 00For
Global X41,3540 00For
Russell Investments25,8940 00For
MassMutual16,8260 00For
Two Roads Shared Trust16,7540 00For
PFS FUNDS14,7290 00For
Arrow Investments Trust11,8000 00For
Investment Managers Series Trust II11,1760 00For
GUINNESS ATKINSON FUNDS7,1770 00For
VanEck ETF Trust5,4550 00For
Jackson Creek Investment Advisors LLC5,1710 00For
TCW ETF Trust4,4130 00For
NEW COVENANT FUNDS2,6120 00For
Adviser Managed Trust1,9350 00For
SYNTAX ETF TRUST1,8490 00For
King Wealth Management Group1,8250 00For

Showing the 25 largest of 34 asset managers. See all 34 in the interactive database.

20. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

99.4% fund support · no official result

FOR 99.4%

The 15 asset managers below cast 99.4% of the shares they voted on this item FOR (201,555 for, 1,062 against).

FOR: 201,555 (99.5%)AGAINST: 1,062 (0.5%)
Largest asset managers voting on “14A Executive Compensation” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
GRIMES & COMPANY, INC.166,1870 00For
Kesler, Norman & Wride, LLC16,8120 00For
Granite Investment Partners, LLC7,4480 00For
BALLAST ADVISORS LLC4,0300 00For
Aristides Capital LLC2,7600 00For
O'Brien Wealth Partners LLC1,5330 00For
OLD SECOND NATIONAL BANK OF AURORA1,4570 00For
NICHOLS & PRATT ADVISERS LLP /MA01,000 00Against
HARBOUR INVESTMENT MANAGEMENT LLC7330 00For
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV3450 00For
ESL Trust Services, LLC2500 00For
Cornerstone Investment Partners, LLC062 00Against
Moisand Fitzgerald Tamayo, LLC00 00--
Penobscot Investment Management Company, Inc.00 00--
Port Capital LLC00 00--

21. 14A Executive Compensation Vote Frequency

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

9%1 YEAR 90%

The 13 asset managers below cast 100% of the shares they voted on this item FOR (18,062 for, 0 against).

FOR: 18,062 (9.0%)1 YEAR: 180,487 (90.0%)2 YEARS: 1,457 (0.7%)3 YEARS: 345 (0.2%)1-YEAR: 215 (0.1%)
Largest asset managers voting on “14A Executive Compensation Vote Frequency” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
GRIMES & COMPANY, INC.00 001 Year
Kesler, Norman & Wride, LLC16,8120 00For
Granite Investment Partners, LLC00 001 Year
BALLAST ADVISORS LLC00 001 Year
Aristides Capital LLC00 001 Year
OLD SECOND NATIONAL BANK OF AURORA00 002 Years
NICHOLS & PRATT ADVISERS LLP /MA1,0000 00For
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV00 003 Years
ESL Trust Services, LLC2500 00For
CULLINAN ASSOCIATES INC00 001-Year
Cornerstone Investment Partners, LLC00 001 Year
Penobscot Investment Management Company, Inc.00 00--
Port Capital LLC00 00--

22. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 10 asset managers below cast 100% of the shares they voted on this item FOR (103,977 for, 0 against).

FOR: 103,977 (100.0%)
Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
TIMOTHY PLAN36,4140 00For
Empower35,6910 00For
Lincoln Financial14,4870 00For
Brighthouse5,5930 00For
SARATOGA ADVANTAGE TRUST4,2040 00For
Symmetry Panoramic Trust3,6140 00For
USCF ETF Trust1,6710 00For
Multi-Select Securities Fund for Puerto Rico Residents1,4000 00For
Tidal Trust III6890 00For
Warren Street Wealth Advisors, LLC2140 00For

23. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2024-10-10 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 4 wordings of this item as funds reported it.

95% Passed · of votes cast

FOR 95%
FOR: 275,855,902AGAINST: 13,360,555

PAYCHEX INC.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows:”): 275,855,902 for, 13,360,555 against — passed, per its Form 8-K (Item 5.07). Of all 361,200,000 outstanding shares: 76% for, 4% against (80% of the company cast a for/against vote).

The 4 asset managers below cast 100% of the shares they voted on this item FOR (32,014 for, 0 against).

FOR 100%
FOR: 32,014 (100.0%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Argyle Capital Management, LLC27,2050 00For
DOHJ, LLC3,2820 00For
First County Bank /CT/1,1260 00For
Foster Victor Wealth Advisors, LLC4010 00For

24. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (19,095 for, 0 against).

FOR: 19,095 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Kesler, Norman & Wride, LLC16,8120 00For
Virtus1,3000 00For
HARBOUR INVESTMENT MANAGEMENT LLC7330 00For
ESL Trust Services, LLC2500 00For

25. COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (34,654 for, 0 against).

FOR: 34,654 (100.0%)
Largest asset managers voting on “COMPENSATION” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.34,1860 00For
Members Trust Co3330 00For
Capital Group1350 00For

26. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2023-10-12.

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.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Kesler, Norman & Wride, LLC16,8120 00For
HARBOUR INVESTMENT MANAGEMENT LLC8,7960 00For
ESL Trust Services, LLC2500 00For

27. Frequency of Advisory Vote on Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12.

— fund support · no official result

1-YEAR 80%ONE YEAR 20%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1-YEAR: 5,120 (79.8%)ONE YEAR: 1,300 (20.2%)
Largest asset managers voting on “Frequency of Advisory Vote on Executive Compensation” at PAYCHEX INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
ALGERT GLOBAL LLC00 001-Year
Virtus00 00One Year

Largest PAYCHEX INC. shareholders voting in 2023-2024

Ranked by the number of PAYCHEX INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 361,200,000 shares outstanding at the time of that meeting.

Top PAYCHEX INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1Capital Group 10.67%
2Vanguard 8.34%
3BlackRock 5.62%
4Fidelity 4.48%
5Charles Schwab 3.72%
6State Street 2.78%
7MCDONALD CAPITAL INVESTORS INC/CA 2.64%
8GEODE CAPITAL MANAGEMENT, LLC 2.31%
9Foster Victor Wealth Advisors, LLC 1.16%
10Idaho Trust Bank 1.12%

Reported PAYCHEX INC. ownership

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

PAYCHEX INC. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.46% 13F
BlackRock 7.74% 13F
Capital International 5.78% 13F
State Street 3.61% 13F
BNY Mellon 3.08% 13F
Charles Schwab 2.52% 13F
Geode Capital 2.49% 13F
Morgan Stanley 1.35% 13F
Northern Trust 1.15% 13F
Invesco 0.77% 13F

Percentages above are of 361,200,000 shares outstanding, as reported by PAYCHEX INC. on its Form 10-Q dated 2023-08-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 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 PAYCHEX INC.’s 10-Q dated 2023-08-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At PAYCHEX INC.'s shareholder meeting held 2023-10-12, in the 2023-2024 proxy season, 1,044 asset managers reported how they voted in their SEC Form N-PX filings, covering 13,716 separate fund positions. Their filings are grouped here into 27 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. PAYCHEX INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Advisory vote to approve named executive officer compensation — the reporting funds cast 97% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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