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PINNACLE WEST CAPITAL CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and PINNACLE WEST CAPITAL CORP.’s Form 8-K, filed 2025-05-22 (Item 5.07 on EDGAR). Page generated 02 October 2026.

28Reported items
613Asset managers
8,268Fund votes
2025-05-21Meeting date

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

Explore PINNACLE WEST CAPITAL CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by PINNACLE WEST CAPITAL CORP.

These tallies are PINNACLE WEST CAPITAL CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-22 (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.

PINNACLE WEST CAPITAL CORP. — official shareholder meeting results, meeting held 2025-05-21
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Glynis A. Bryan	89,246,758	--	--	6,915,076	9,572,519	Majority: yes
Elect Director: Ronald Butler, Jr.	95,577,664	--	--	584,170	9,572,519	Majority: yes
Elect Director: Gonzalo A. de la Melena, Jr.	95,642,055	--	--	519,779	9,572,519	Majority: yes
Elect Director: Carol S. Eicher	95,720,856	--	--	440,978	9,572,519	Majority: yes
Elect Director: Susan T. Flanagan	95,742,862	--	--	418,972	9,572,519	Majority: yes
Elect Director: Richard P. Fox	92,066,504	--	--	4,095,330	9,572,519	Majority: yes
Elect Director: Theodore N. Geisler	89,433,422	--	--	6,728,412	9,572,519	Majority: yes
Elect Director: Paula J. Sims	94,060,499	--	--	2,101,335	9,572,519	Majority: yes
Elect Director: William H. Spence	94,699,617	--	--	1,462,217	9,572,519	Majority: yes
Elect Director: Kristine L. Svinicki	95,761,001	--	--	400,833	9,572,519	Majority: yes
Elect Director: James E. Trevathan, Jr.	94,746,354	--	--	1,415,480	9,572,519	Majority: yes

Source: PINNACLE WEST CAPITAL CORP., Form 8-K, filed with the SEC on 2025-05-22 — read the filing on EDGAR.

How asset managers voted at the PINNACLE WEST CAPITAL CORP. 2024-2025 meeting

Each item below shows how the 613 asset managers that disclosed a PINNACLE WEST CAPITAL CORP. 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 PINNACLE WEST CAPITAL CORP.’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. To hold an advisory vote to approve executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-21.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 575 asset managers below cast 98% of the shares they voted on this item FOR (104,183,475 for, 1,651,294 against).

FOR: 104,183,475 (98.4%)AGAINST: 1,651,294 (1.6%)ABSTAIN: 47,076 (0.0%)NOT VOTED: 5,413 (0.0%)

Largest asset managers voting on “To hold an advisory vote to approve executive compensation.” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	14,373,174	1	For
Capital Research Global Investors	11,697,629	0	For
Capital Group	10,096,566	0	For
BlackRock	8,704,679	316	For
State Street	6,567,886	0	For
BARROW HANLEY MEWHINNEY & STRAUSS LLC	4,319,387	0	For
GEODE CAPITAL MANAGEMENT, LLC	2,956,381	0	For
Fidelity	2,927,142	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2,915,926	0	For
Invesco	2,568,674	0	For
MFS	2,243,589	0	For
Charles Schwab	2,093,264	0	For
PICTET ASSET MANAGEMENT SA	1,775,894	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
ATLAS Infrastructure Partners (UK) Ltd.	1,437,111	0	For
Nuveen	1,371,838	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Two Sigma	1,124,119	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,010,193	0	For
First Trust	879,031	0	For
Dimensional	833,710	0	For
FRANKLIN ADVISERS INC	812,694	0	For
Franklin Custodian Funds	750,000	0	For
Northern Trust	691,835	0	For

Showing the 25 largest of 575 asset managers. See all 575 in the interactive database.

2. TO AMEND THE RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF AUTHORIZED COMMON STOCK OF PINNACLE WEST.

CAPITAL STRUCTURE

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 129 asset managers below cast 99.8% of the shares they voted on this item FOR (52,111,689 for, 64,602 against).

FOR: 52,111,689 (99.9%)AGAINST: 64,602 (0.1%)ABSTAIN: 0 (0.0%)

Largest asset managers voting on “TO AMEND THE RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF AUTHORIZED COMMON STOCK” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	13,834,197	1,313	For
Capital Group	10,089,724	0	For
BlackRock	5,962,701	1,821	For
Fidelity	2,853,694	0	For
State Street	2,714,702	839	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	387,713	27,439	For
Principal	405,055	0	For
Gabelli	329,800	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For

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

3. TO RATIFY THE APPOINTMENT OF OUR INDEPENDENT ACCOUNTANT FOR THE YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATED

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 129 asset managers below cast 99.9% of the shares they voted on this item FOR (52,142,104 for, 18,582 against).

FOR: 52,142,104 (99.9%)AGAINST: 18,582 (0.0%)ABSTAIN: 15,605 (0.0%)

Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF OUR INDEPENDENT ACCOUNTANT FOR THE YEAR ENDING DECEMBER 31, 2025.” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	13,834,849	661	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,396	145	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Gabelli	329,800	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For

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

4. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Glynis A. Bryan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 8 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 89,246,758WITHHELD: 6,915,076

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Glynis A. Bryan”): 89,246,758 for, 6,915,076 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 75% for, 6% withheld (81% of the company cast a for/withheld vote).

The 128 asset managers below cast 100% of the shares they voted on this item FOR (49,925,453 for, 0 against).

FOR 96%

FOR: 49,925,453 (96.0%)ABSTAIN: 2,062,204 (4.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Glynis A. Bryan” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,835,507	3	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,541	0	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	327,773	1,003,943	Abstain
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	19,638	385,417	Abstain
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	0	286,312	Abstain
Equitable	136,206	134,786	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

Showing the 25 largest of 128 asset managers. See all 128 in the interactive database.

5. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Carol S. Eicher

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 95,720,856WITHHELD: 440,978

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Carol S. Eicher”): 95,720,856 for, 440,978 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 80% for, 0.4% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,971,051 for, 0 against).

FOR 99.9%

FOR: 51,971,051 (100.0%)ABSTAIN: 15,606 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Carol S. Eicher” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Vanguard	13,835,510	For
Capital Group	10,089,724	For
BlackRock	5,964,522	For
Fidelity	2,853,694	For
State Street	2,715,541	For
MFS	2,243,589	For
INVESTMENT CO OF AMERICA	1,514,874	For
Bridge Builder Trust	1,331,716	For
REAVES UTILITY INCOME FUND	1,265,000	For
Charles Schwab	1,042,876	For
First Trust	876,857	For
Invesco	767,663	For
Franklin Custodian Funds	750,000	For
TIAA	559,757	For
Dimensional	532,370	For
WisdomTree	440,955	For
Prudential/PGIM	415,152	For
Principal	405,055	For
Federated Hermes	321,927	For
John Hancock	299,456	For
DWS	296,950	For
AMERICAN BEACON FUNDS	286,312	For
Equitable	270,992	For
Nuveen	249,882	For
Jackson National	249,633	For

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

6. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Gonzalo A. de la Melena, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 95,642,055WITHHELD: 519,779

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Gonzalo A. de la Melena, Jr.”): 95,642,055 for, 519,779 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 80% for, 0.5% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,971,043 for, 0 against).

FOR 99.9%

FOR: 51,971,043 (100.0%)ABSTAIN: 15,614 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Gonzalo A. de la Melena, Jr.” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Vanguard	13,835,510	For
Capital Group	10,089,724	For
BlackRock	5,964,522	For
Fidelity	2,853,694	For
State Street	2,715,541	For
MFS	2,243,589	For
INVESTMENT CO OF AMERICA	1,514,874	For
Bridge Builder Trust	1,331,716	For
REAVES UTILITY INCOME FUND	1,265,000	For
Charles Schwab	1,042,876	For
First Trust	876,857	For
Invesco	767,663	For
Franklin Custodian Funds	750,000	For
TIAA	559,757	For
Dimensional	532,370	For
WisdomTree	440,955	For
Prudential/PGIM	415,152	For
Principal	405,055	For
Federated Hermes	321,927	For
John Hancock	299,456	For
DWS	296,950	For
AMERICAN BEACON FUNDS	286,312	For
Equitable	270,992	For
Nuveen	249,882	For
Jackson National	249,633	For

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

7. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: James E. Trevathan, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 94,746,354WITHHELD: 1,415,480

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: James E. Trevathan, Jr.”): 94,746,354 for, 1,415,480 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 79% for, 1% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,971,042 for, 0 against).

FOR 99.9%

FOR: 51,971,042 (100.0%)ABSTAIN: 15,615 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: James E. Trevathan, Jr.” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Vanguard	13,835,510	For
Capital Group	10,089,724	For
BlackRock	5,964,522	For
Fidelity	2,853,694	For
State Street	2,715,541	For
MFS	2,243,589	For
INVESTMENT CO OF AMERICA	1,514,874	For
Bridge Builder Trust	1,331,716	For
REAVES UTILITY INCOME FUND	1,265,000	For
Charles Schwab	1,042,876	For
First Trust	876,857	For
Invesco	767,663	For
Franklin Custodian Funds	750,000	For
TIAA	559,757	For
Dimensional	532,370	For
WisdomTree	440,955	For
Prudential/PGIM	415,152	For
Principal	405,055	For
Federated Hermes	321,927	For
John Hancock	299,456	For
DWS	296,950	For
AMERICAN BEACON FUNDS	286,312	For
Equitable	270,992	For
Nuveen	249,882	For
Jackson National	249,633	For

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

8. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Kristine L. Svinicki

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 95,761,001WITHHELD: 400,833

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Kristine L. Svinicki”): 95,761,001 for, 400,833 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 80% for, 0.4% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,971,051 for, 0 against).

FOR 99.9%

FOR: 51,971,051 (100.0%)ABSTAIN: 15,606 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Kristine L. Svinicki” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Vanguard	13,835,510	For
Capital Group	10,089,724	For
BlackRock	5,964,522	For
Fidelity	2,853,694	For
State Street	2,715,541	For
MFS	2,243,589	For
INVESTMENT CO OF AMERICA	1,514,874	For
Bridge Builder Trust	1,331,716	For
REAVES UTILITY INCOME FUND	1,265,000	For
Charles Schwab	1,042,876	For
First Trust	876,857	For
Invesco	767,663	For
Franklin Custodian Funds	750,000	For
TIAA	559,757	For
Dimensional	532,370	For
WisdomTree	440,955	For
Prudential/PGIM	415,152	For
Principal	405,055	For
Federated Hermes	321,927	For
John Hancock	299,456	For
DWS	296,950	For
AMERICAN BEACON FUNDS	286,312	For
Equitable	270,992	For
Nuveen	249,882	For
Jackson National	249,633	For

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

9. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Paula J. Sims

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 94,060,499WITHHELD: 2,101,335

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Paula J. Sims”): 94,060,499 for, 2,101,335 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 79% for, 2% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,962,137 for, 0 against).

FOR 99.9%

FOR: 51,962,137 (100.0%)ABSTAIN: 24,520 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Paula J. Sims” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,834,849	661	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,541	0	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

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

10. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Richard P. Fox

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 92,066,504WITHHELD: 4,095,330

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Richard P. Fox”): 92,066,504 for, 4,095,330 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 77% for, 3% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,618,849 for, 0 against).

FOR 99.2%

FOR: 51,618,849 (99.3%)ABSTAIN: 367,808 (0.7%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Richard P. Fox” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,835,508	2	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,396	145	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,012,585	319,131	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

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

11. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Ronald Butler, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 95,577,664WITHHELD: 584,170

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Ronald Butler, Jr.”): 95,577,664 for, 584,170 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 80% for, 0.5% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,967,537 for, 0 against).

FOR 99.9%

FOR: 51,967,537 (100.0%)ABSTAIN: 19,120 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Ronald Butler, Jr.” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,834,850	660	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,541	0	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

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

12. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Susan T. Flanagan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 95,742,862WITHHELD: 418,972

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Susan T. Flanagan”): 95,742,862 for, 418,972 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 80% for, 0.4% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,971,051 for, 0 against).

FOR 99.9%

FOR: 51,971,051 (100.0%)ABSTAIN: 15,606 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Susan T. Flanagan” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Vanguard	13,835,510	For
Capital Group	10,089,724	For
BlackRock	5,964,522	For
Fidelity	2,853,694	For
State Street	2,715,541	For
MFS	2,243,589	For
INVESTMENT CO OF AMERICA	1,514,874	For
Bridge Builder Trust	1,331,716	For
REAVES UTILITY INCOME FUND	1,265,000	For
Charles Schwab	1,042,876	For
First Trust	876,857	For
Invesco	767,663	For
Franklin Custodian Funds	750,000	For
TIAA	559,757	For
Dimensional	532,370	For
WisdomTree	440,955	For
Prudential/PGIM	415,152	For
Principal	405,055	For
Federated Hermes	321,927	For
John Hancock	299,456	For
DWS	296,950	For
AMERICAN BEACON FUNDS	286,312	For
Equitable	270,992	For
Nuveen	249,882	For
Jackson National	249,633	For

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

13. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Theodore N. Geisler

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 89,433,422WITHHELD: 6,728,412

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: Theodore N. Geisler”): 89,433,422 for, 6,728,412 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 75% for, 6% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,625,867 for, 0 against).

FOR 99.3%

FOR: 51,625,867 (99.3%)ABSTAIN: 360,790 (0.7%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: Theodore N. Geisler” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,835,506	4	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,495	46	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	0	296,950	Abstain
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

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

14. To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: William H. Spence

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-21.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 94,699,617WITHHELD: 1,462,217

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Elect Director: William H. Spence”): 94,699,617 for, 1,462,217 withheld, per its Form 8-K filed 2025-05-22 (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 119,399,009 outstanding shares: 79% for, 1% withheld (81% of the company cast a for/withheld vote).

The 127 asset managers below cast 100% of the shares they voted on this item FOR (51,970,068 for, 0 against).

FOR 99.9%

FOR: 51,970,068 (100.0%)ABSTAIN: 16,589 (0.0%)

Largest asset managers voting on “To elect eleven directors to serve until the 2026 Annual Meeting of Shareholders: William H. Spence” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	13,835,509	1	For
Capital Group	10,089,724	0	For
BlackRock	5,964,522	0	For
Fidelity	2,853,694	0	For
State Street	2,715,541	0	For
MFS	2,243,589	0	For
INVESTMENT CO OF AMERICA	1,514,874	0	For
Bridge Builder Trust	1,331,716	0	For
REAVES UTILITY INCOME FUND	1,265,000	0	For
Charles Schwab	1,042,876	0	For
First Trust	876,857	0	For
Invesco	767,663	0	For
Franklin Custodian Funds	750,000	0	For
TIAA	559,757	0	For
Dimensional	532,370	0	For
WisdomTree	440,955	0	For
Prudential/PGIM	415,152	0	For
Principal	405,055	0	For
Federated Hermes	321,927	0	For
John Hancock	299,456	0	For
DWS	296,950	0	For
AMERICAN BEACON FUNDS	286,312	0	For
Equitable	270,992	0	For
Nuveen	249,882	0	For
Jackson National	249,633	0	For

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

15. To act upon a shareholder proposal entitled "Support Special Shareholder Meeting Improvement" that seeks to remove the one- year holding requirement to call a special shareholder meeting.

OTHER

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

0.6% fund support · no official result

AGAINST 99.4%

The 125 asset managers below cast 0.6% of the shares they voted on this item FOR (270,565 for, 51,863,265 against).

FOR: 270,565 (0.5%)AGAINST: 51,863,265 (99.4%)ABSTAIN: 15,605 (0.0%)NOT VOTED: 1,200 (0.0%)

Largest asset managers voting on “To act upon a shareholder proposal entitled "Support Special Shareholder Meeting Improvement" that seeks to re” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	1,312	13,834,198	Against
Capital Group	0	10,089,724	Against
BlackRock	1,821	5,962,701	Against
Fidelity	0	2,853,694	Against
State Street	792	2,714,749	Against
MFS	0	2,243,589	Against
INVESTMENT CO OF AMERICA	0	1,514,874	Against
Bridge Builder Trust	0	1,331,716	Against
REAVES UTILITY INCOME FUND	0	1,265,000	Against
Charles Schwab	0	1,042,876	Against
First Trust	0	876,857	Against
Invesco	0	767,663	Against
Franklin Custodian Funds	0	750,000	Against
TIAA	0	559,757	Against
Dimensional	0	532,370	Against
WisdomTree	0	440,955	Against
Prudential/PGIM	0	415,152	Against
Principal	0	405,055	Against
Gabelli	0	329,800	Against
Federated Hermes	0	321,927	Against
John Hancock	0	299,456	Against
DWS	0	296,950	Against
AMERICAN BEACON FUNDS	0	286,312	Against
Equitable	0	270,992	Against
Nuveen	0	249,882	Against

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

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-21.

99.5% fund support · no official result

FOR 99.5%

The 20 asset managers below cast 99.5% of the shares they voted on this item FOR (1,059,706 for, 5,000 against).

FOR: 1,059,706 (99.5%)AGAINST: 5,000 (0.5%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
ADAGE CAPITAL PARTNERS GP, L.L.C.	545,483	0	For
JPMorgan	194,230	0	For
GuideStone	114,506	0	For
CAMBIAR INVESTORS LLC	102,127	0	For
BEACON INVESTMENT ADVISORY SERVICES, INC.	49,388	0	For
TD ASSET MANAGEMENT INC	19,719	0	For
CLEARWATER INVESTMENT TRUST	13,100	0	For
Empower	13,075	0	For
TD Waterhouse Canada Inc.	4,373	0	For
Desjardins Global Asset Management Inc.	0	3,573	Against
Northern Lights Fund Trust IV	1,481	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	1,220	0	For
OSSIAM	0	1,021	Against
PACE SELECT ADVISORS TRUST	470	0	For
Athena Investment Management	0	406	Against
SIERRA SUMMIT ADVISORS LLC	262	0	For
Virtus	216	0	For
Convergence Investment Partners, LLC	24	0	For
THOR INVESTMENT MANAGEMENT INC /OH/ /ADV	20	0	For
Coyle Financial Counsel LLC	12	0	For

17. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-21.

99.1% fund support · no official result

FOR 97%

The 5 asset managers below cast 99.1% of the shares they voted on this item FOR (59,135 for, 480 against).

FOR: 59,135 (97.5%)AGAINST: 480 (0.8%)NOT VOTED: 1,067 (1.8%)

Largest asset managers voting on “14A Executive Compensation” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Vote
BUTENSKY & COHEN FINANCIAL SECURITY, INC	58,485	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
Focus Partners Wealth	384	480	Against
MQS Management LLC	178	0	For
Barton Investment Management	88	0	For

18. DIRECTOR

DIRECTOR ELECTIONS

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (331,482 for, 0 against).

FOR: 331,482 (100.0%)

Largest asset managers voting on “DIRECTOR” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Gabelli	329,800	For
FORUM FUNDS II	1,200	For
Tidal Trust III	482	For
Family Firm, Inc.	0	--

19. Say on pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (860,232 for, 0 against).

FOR: 860,232 (99.9%)NOT VOTED: 500 (0.1%)

Largest asset managers voting on “Say on pay” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Empower	855,898	For
CHELSEA COUNSEL CO	4,334	For
Pine Ridge Advisers LLC	0	Not Voted

20. Amend Right to Call Special Meeting

CORPORATE GOVERNANCE

Meeting held 2025-05-21.

0% fund support · no official result

AGAINST 100%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 140,681 against).

AGAINST: 140,681 (100.0%)

Largest asset managers voting on “Amend Right to Call Special Meeting” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	Against	Vote
GuideStone	114,506	Against
CLEARWATER INVESTMENT TRUST	13,100	Against
Empower	13,075	Against

21. Increase Authorized Common Stock

CAPITAL STRUCTURE

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (140,681 for, 0 against).

FOR: 140,681 (100.0%)

Largest asset managers voting on “Increase Authorized Common Stock” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
GuideStone	114,506	For
CLEARWATER INVESTMENT TRUST	13,100	For
Empower	13,075	For

22. Increase in Authorized Common Stock

CAPITAL STRUCTURE

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,167 for, 0 against).

FOR: 2,167 (100.0%)

Largest asset managers voting on “Increase in Authorized Common Stock” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Northern Lights Fund Trust IV	1,481	For
PACE SELECT ADVISORS TRUST	470	For
Virtus	216	For

23. Ratification of Auditor

AUDIT-RELATED

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,167 for, 0 against).

FOR: 2,167 (100.0%)

Largest asset managers voting on “Ratification of Auditor” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
Northern Lights Fund Trust IV	1,481	For
PACE SELECT ADVISORS TRUST	470	For
Virtus	216	For

24. Ratify Deloitte & Touche LLP as Auditors

AUDIT-RELATED

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (140,681 for, 0 against).

FOR: 140,681 (100.0%)

Largest asset managers voting on “Ratify Deloitte & Touche LLP as Auditors” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
GuideStone	114,506	For
CLEARWATER INVESTMENT TRUST	13,100	For
Empower	13,075	For

25. Shareholder Proposal Regarding Length of Share Ownership Required to Call Special Meetings

CORPORATE GOVERNANCE

Meeting held 2025-05-21.

0% fund support · no official result

AGAINST 100%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 2,167 against).

AGAINST: 2,167 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Length of Share Ownership Required to Call Special Meetings” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	Against	Vote
Northern Lights Fund Trust IV	1,481	Against
PACE SELECT ADVISORS TRUST	470	Against
Virtus	216	Against

26. TO ACT UPON A SHAREHOLDER PROPOSAL ENTITLED SUPPORT SPECIAL SHAREHOLDER MEETING IMPROVEMENT&QUOT THAT SEEKS TO REMOVE THE ONE-YEAR HOLDING REQUIREMENT TO CALL A SPECIAL SHAREHOLDER MEETING. &QUOT

CORPORATE GOVERNANCE

Meeting held 2025-05-21.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (3,180 for, 0 against).

FOR: 3,180 (100.0%)

Largest asset managers voting on “TO ACT UPON A SHAREHOLDER PROPOSAL ENTITLED SUPPORT SPECIAL SHAREHOLDER MEETING IMPROVEMENT&QUOT THAT SEEKS TO” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
TIMOTHY PLAN	1,951	For
RBB Fund Trust	757	For
Advisors' Inner Circle Fund III	472	For

27. To hold an advisory vote to approve executive compensation

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

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

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 87,508,976AGAINST: 4,751,865

PINNACLE WEST CAPITAL CORP.’s own tally for this item (“Item 2. The advisory resolution to approve executive compensation, as disclosed in the Proxy Statement, was approved, with the following votes cast:”): 87,508,976 for, 4,751,865 against, per its Form 8-K filed 2024-05-24 (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 119,399,009 outstanding shares: 73% for, 4% against (77% of the company cast a for/against vote).

The 3 asset managers below cast 100% of the shares they voted on this item FOR (1,662 for, 0 against).

FOR 100%

FOR: 1,662 (100.0%)

Largest asset managers voting on “To hold an advisory vote to approve executive compensation” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	1,062	For
VAUGHAN DAVID INVESTMENTS LLC/IL	600	For
Echo45 Advisors LLC	0	--

28. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-21.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,360 for, 0 against).

FOR: 1,360 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at PINNACLE WEST CAPITAL CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
SWEENEY & MICHEL, LLC	1,059	0	0	0	For
Pinnacle Family Advisors, LLC	301	0	0	0	For

Largest PINNACLE WEST CAPITAL CORP. shareholders voting in 2024-2025

Ranked by the number of PINNACLE WEST CAPITAL CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 119,399,009 shares outstanding at the time of that meeting.

Top PINNACLE WEST CAPITAL CORP. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	12.04%
2	Capital Research Global Investors	9.80%
3	Capital Group	8.46%
4	BlackRock	7.29%
5	State Street	5.50%
6	BARROW HANLEY MEWHINNEY & STRAUSS LLC	3.62%
7	GEODE CAPITAL MANAGEMENT, LLC	2.48%
8	Fidelity	2.45%
9	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2.44%
10	Invesco	2.15%

Reported PINNACLE WEST CAPITAL CORP. ownership

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

PINNACLE WEST CAPITAL CORP. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Capital Research Global Investors	13.77%	13G
Vanguard Group	12.11%	13F
BlackRock	9.06%	13F
BARROW HANLEY MEWHINNEY & STRAUSS LLC	5.86%	13G
State Street	5.29%	13F
Invesco	3.47%	13F
Norges Bank	1.76%	13F
Morgan Stanley	1.51%	13F
Nuveen	0.96%	13F
Dimensional Fund Advisors	0.93%	13F

Percentages above are of 119,399,009 shares outstanding, as reported by PINNACLE WEST CAPITAL CORP. on its Form 10-Q dated 2025-04-24 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from PINNACLE WEST CAPITAL CORP.’s 10-Q dated 2025-04-24. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At PINNACLE WEST CAPITAL CORP.'s shareholder meeting held 2025-05-21, in the 2024-2025 proxy season, 613 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,268 separate fund positions. Their filings are grouped here into 28 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. PINNACLE WEST CAPITAL CORP.'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 — To hold an advisory vote to approve executive compensation. — the reporting funds cast 98% 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.

PINNACLE WEST CAPITAL CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.