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UNITED PARCEL SERVICE INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and UNITED PARCEL SERVICE INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 04 October 2026.

47Reported items
1,353Asset managers
16,548Fund votes
2025-05-08Meeting date

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

Explore UNITED PARCEL SERVICE INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by UNITED PARCEL SERVICE INC.

These tallies are UNITED PARCEL SERVICE INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

UNITED PARCEL SERVICE INC. — official shareholder meeting results, meeting held 2025-05-08
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Rodney Adkins	929,549,471	150,993,897	20,120,855	--	128,074,644	Majority: yes
Elect Director: Eva Boratto	964,759,967	117,299,345	18,604,911	--	128,074,644	Majority: yes
Elect Director: Kevin Clark	991,203,179	91,764,110	17,696,934	--	128,074,644	Majority: yes
Elect Director: Wayne Hewett	974,516,554	107,974,390	18,173,279	--	128,074,644	Majority: yes
Elect Director: Angela Hwang	969,453,821	112,264,185	18,946,217	--	128,074,644	Majority: yes
Elect Director: Kate Johnson	878,421,120	202,571,760	19,671,343	--	128,074,644	Majority: yes
Elect Director: William Johnson	801,690,904	280,808,011	18,165,308	--	128,074,644	Majority: yes
Elect Director: Franck Moison	854,460,597	227,464,927	18,738,699	--	128,074,644	Majority: yes
Elect Director: Christiana Smith Shi	949,706,561	131,605,109	19,352,553	--	128,074,644	Majority: yes
Elect Director: Russell Stokes	860,734,359	221,232,936	18,696,928	--	128,074,644	Majority: yes
Elect Director: Carol B. Tomé	906,040,386	173,230,027	21,393,810	--	128,074,644	Majority: yes
Elect Director: Kevin Warsh	874,459,361	208,249,398	17,955,464	--	128,074,644	Majority: yes
Under the Company's Bylaws, each of the director nominees was elected.	928,214,832	152,772,743	19,676,648	--	128,074,644	Majority: yes
The proposal passed.	1,152,807,598	64,449,830	11,481,439	--	--	Majority: yes
The proposal passed.	417,600,759	673,828,949	9,234,515	--	128,074,644	Majority: no
The proposal did not pass. Votes on a shareowner proposal requesting the Company prepare a report on risks arising from voluntary carbon-reduction commitments:	67,461,712	1,013,653,816	19,548,695	--	128,074,644	Failed

Source: UNITED PARCEL SERVICE INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the UNITED PARCEL SERVICE INC. 2024-2025 meeting

Each item below shows how the 1,353 asset managers that disclosed a UNITED PARCEL SERVICE 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 UNITED PARCEL SERVICE 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. To approve on an advisory basis, named executive officer compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08.

Combines 5 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 1,255 asset managers below cast 95% of the shares they voted on this item FOR (456,087,560 for, 23,390,208 against).

FOR: 456,087,560 (95.1%)AGAINST: 23,390,208 (4.9%)ABSTAIN: 99,799 (0.0%)NOT VOTED: 78,364 (0.0%)0: 6,093 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To approve on an advisory basis, named executive officer compensation.” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	78,394,952	5,597	1	For
Charles Schwab	48,104,437	0	0	For
BlackRock	37,247,736	29,042	0	For
Fidelity	30,805,347	0	0	For
State Street	25,132,399	2,087	0	For
JPMorgan	21,481,354	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	15,710,451	0	0	For
Wellington	11,387,440	0	0	For
T. Rowe Price	9,416,020	12,375	0	For
Capital Group	8,633,874	37	0	For
American Century	8,295,049	0	0	For
FRANKLIN ADVISERS INC	6,983,246	0	0	For
Northern Trust	6,313,333	0	0	For
Invesco	5,274,314	0	0	For
Amundi	0	4,750,120	0	Against
Victory Capital	4,060,763	0	0	For
BANK OF AMERICA NA	3,313,686	0	0	For
Dimensional	3,293,395	0	0	For
MELLON INVESTMENTS Corp	3,220,459	0	0	For
Goldman Sachs	3,119,072	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VAN ECK ASSOCIATES CORP	2,912,879	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
Legal & General Investment Management Ltd	53,528	2,574,183	0	Against
NORDEA INVESTMENT MANAGEMENT AB	2,498,209	0	0	For

Showing the 25 largest of 1,255 asset managers. See all 1,255 in the interactive database.

2. To prepare a report on the risks arising from voluntary carbon- reduction commitments.

ENVIRONMENT OR CLIMATECompany result: Failed

Meeting held 2025-05-08.

Combines 6 wordings of this item as funds reported it.

6% Failed · of votes cast

AGAINST 94%

FOR: 67,461,712AGAINST: 1,013,653,816

UNITED PARCEL SERVICE INC.’s own tally for this item (“The proposal did not pass. Votes on a shareowner proposal requesting the Company prepare a report on risks arising from voluntary carbon-reduction commitments:”): 67,461,712 for, 1,013,653,816 against — failed, per its Form 8-K (Item 5.07). Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 194 asset managers below cast 0.2% of the shares they voted on this item FOR (327,560 for, 205,435,277 against).

AGAINST 99.7%

FOR: 327,560 (0.2%)AGAINST: 205,435,277 (99.7%)ABSTAIN: 287,056 (0.1%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To prepare a report on the risks arising from voluntary carbon- reduction commitments.” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	8,839	73,642,087	2	Against
Charles Schwab	0	24,026,851	0	Against
Fidelity	0	21,960,151	0	Against
BlackRock	0	15,798,112	0	Against
JPMorgan	0	7,698,867	0	Against
State Street	0	6,554,556	0	Against
American Century	0	4,866,973	0	Against
Capital Group	0	4,272,378	0	Against
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	0	2,906,505	0	Against
T. Rowe Price	0	2,439,003	0	Against
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	0	2,338,500	0	Against
Bridge Builder Trust	0	1,999,466	0	Against
Invesco	0	1,992,311	0	Against
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	0	1,715,352	0	Against
Six Circles Trust	0	1,242,183	0	Against
Jackson National	0	1,150,372	0	Against
MASTER INVESTMENT PORTFOLIO	0	1,085,014	0	Against
Hartford	0	1,034,404	0	Against
Federated Hermes	0	809,011	0	Against
Brighthouse	0	734,464	36,959	Against

Showing the 25 largest of 194 asset managers. See all 194 in the interactive database.

3. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Rodney Adkins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%14%

FOR: 929,549,471AGAINST: 150,993,897

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Rodney Adkins”): 929,549,471 for, 150,993,897 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 92% of the shares they voted on this item FOR (190,368,042 for, 15,598,740 against).

FOR 92%8%

FOR: 190,368,042 (92.4%)AGAINST: 15,598,740 (7.6%)ABSTAIN: 17,107 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	64,589,774	9,061,153	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,383	173	0	For
American Century	4,866,973	0	0	For
Capital Group	0	4,272,378	0	Against
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,555,350	444,116	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,073,231	77,141	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	538	1,033,866	0	Against
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

4. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Eva Boratto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 964,759,967AGAINST: 117,299,345

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Eva Boratto”): 964,759,967 for, 117,299,345 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.8% of the shares they voted on this item FOR (205,555,118 for, 411,661 against).

FOR 99.7%

FOR: 205,555,118 (99.8%)AGAINST: 411,661 (0.2%)ABSTAIN: 17,110 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,924	3	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

5. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Kevin Clark

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 991,203,179AGAINST: 91,764,110

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Kevin Clark”): 991,203,179 for, 91,764,110 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.9% of the shares they voted on this item FOR (205,907,917 for, 23,647 against).

FOR 99.9%

FOR: 205,907,917 (100.0%)AGAINST: 23,647 (0.0%)ABSTAIN: 52,325 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,925	2	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	754,406	0	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

6. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Wayne Hewett

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 974,516,554AGAINST: 107,974,390

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Wayne Hewett”): 974,516,554 for, 107,974,390 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.7% of the shares they voted on this item FOR (205,520,490 for, 446,285 against).

FOR 99.7%

FOR: 205,520,490 (99.8%)AGAINST: 446,285 (0.2%)ABSTAIN: 17,115 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,924	3	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

7. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Angela Hwang

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 969,453,821AGAINST: 112,264,185

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Angela Hwang”): 969,453,821 for, 112,264,185 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.8% of the shares they voted on this item FOR (205,520,007 for, 411,569 against).

FOR 99.7%

FOR: 205,520,007 (99.8%)AGAINST: 411,569 (0.2%)ABSTAIN: 52,313 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,924	3	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

8. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Kate Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%AGAINST 19%

FOR: 878,421,120AGAINST: 202,571,760

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Kate Johnson”): 878,421,120 for, 202,571,760 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 87% of the shares they voted on this item FOR (179,648,718 for, 26,318,040 against).

FOR 87%13%

FOR: 179,648,718 (87.2%)AGAINST: 26,318,040 (12.8%)ABSTAIN: 17,130 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,509,697	141,230	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,620,224	339,927	0	For
BlackRock	15,778,053	20,059	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,552,167	2,389	0	For
American Century	0	4,866,973	0	Against
Capital Group	4,272,378	0	0	For
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	248,769	901,603	0	Against
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	600,585	153,821	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

9. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: William Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 8 wordings of this item as funds reported it.

74% Majority: yes · of votes cast

FOR 74%AGAINST 26%

FOR: 801,690,904AGAINST: 280,808,011

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: William Johnson”): 801,690,904 for, 280,808,011 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 77% of the shares they voted on this item FOR (158,032,742 for, 48,000,025 against).

FOR 77%AGAINST 23%

FOR: 158,032,742 (76.7%)AGAINST: 48,000,025 (23.3%)ABSTAIN: 17,102 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,500,847	150,080	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	8,240,734	13,719,417	0	Against
BlackRock	15,769,157	28,955	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,552,167	2,389	0	For
American Century	0	4,866,973	0	Against
Capital Group	4,272,378	0	0	For
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	0	2,906,505	0	Against
T. Rowe Price	2,439,003	0	0	For
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	0	2,338,500	0	Against
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	0	1,715,352	0	Against
Six Circles Trust	1,242,183	0	0	For
Jackson National	248,769	901,603	0	Against
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	600,585	153,821	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

10. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Franck Moison

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

79% Majority: yes · of votes cast

FOR 79%AGAINST 21%

FOR: 854,460,597AGAINST: 227,464,927

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Franck Moison”): 854,460,597 for, 227,464,927 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 87% of the shares they voted on this item FOR (179,902,117 for, 26,064,663 against).

FOR 87%13%

FOR: 179,902,117 (87.3%)AGAINST: 26,064,663 (12.7%)ABSTAIN: 17,109 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,509,697	141,230	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,620,224	339,927	0	For
BlackRock	15,778,053	20,059	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,552,167	2,389	0	For
American Century	0	4,866,973	0	Against
Capital Group	4,272,378	0	0	For
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	248,769	901,603	0	Against
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	600,585	153,821	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

11. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Christiana Smith Shi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%12%

FOR: 949,706,561AGAINST: 131,605,109

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Christiana Smith Shi”): 949,706,561 for, 131,605,109 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.7% of the shares they voted on this item FOR (205,458,503 for, 508,275 against).

FOR 99.7%

FOR: 205,458,503 (99.7%)AGAINST: 508,275 (0.2%)ABSTAIN: 17,111 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,921	6	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

12. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Russell Stokes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 860,734,359AGAINST: 221,232,936

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Russell Stokes”): 860,734,359 for, 221,232,936 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 87% of the shares they voted on this item FOR (179,872,883 for, 26,093,868 against).

FOR 87%13%

FOR: 179,872,883 (87.3%)AGAINST: 26,093,868 (12.7%)ABSTAIN: 17,138 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,509,697	141,230	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,620,224	339,927	0	For
BlackRock	15,778,053	20,059	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,552,167	2,389	0	For
American Century	0	4,866,973	0	Against
Capital Group	4,272,378	0	0	For
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	248,769	901,603	0	Against
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	600,585	153,821	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

13. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Carol Tome

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 13 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%AGAINST 16%

FOR: 906,040,386AGAINST: 173,230,027

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Carol B. Tomé”): 906,040,386 for, 173,230,027 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 99.7% of the shares they voted on this item FOR (205,520,314 for, 446,448 against).

FOR 99.7%

FOR: 205,520,314 (99.8%)AGAINST: 446,448 (0.2%)ABSTAIN: 17,127 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,650,923	3	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,556	0	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	745,202	9,204	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

14. To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners and until their respective successors are elected and qualified: Kevin Warsh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-08.

Combines 7 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%AGAINST 19%

FOR: 874,459,361AGAINST: 208,249,398

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Kevin Warsh”): 874,459,361 for, 208,249,398 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 193 asset managers below cast 87% of the shares they voted on this item FOR (180,115,252 for, 25,851,527 against).

FOR 87%13%

FOR: 180,115,252 (87.4%)AGAINST: 25,851,527 (12.6%)ABSTAIN: 17,110 (0.0%)UNKNOWN: 2,460 (0.0%)

Largest asset managers voting on “To elect each of the 12 named director nominees to hold office until UPS's 2026 Annual Meeting of shareowners ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,509,696	141,231	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,620,224	339,927	0	For
BlackRock	15,778,053	20,059	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,552,167	2,389	0	For
American Century	0	4,866,973	0	Against
Capital Group	4,272,378	0	0	For
Victory Capital	0	3,438,766	0	Against
Franklin Custodian Funds	0	3,030,000	0	Against
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	0	2,434,888	0	Against
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	1,927,492	0	Against
First Trust	0	1,901,277	0	Against
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	248,769	901,603	0	Against
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,033,866	538	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	598,474	155,932	17,017	For

Showing the 25 largest of 193 asset managers. See all 193 in the interactive database.

15. To ratify the appointment of Deloitte & Touche LLP as UPS's independent registered public accounting firm for the year ending December 31, 2025.

AUDIT-RELATED

Meeting held 2025-05-08.

Combines 4 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 187 asset managers below cast 99.8% of the shares they voted on this item FOR (205,048,777 for, 293,105 against).

FOR: 205,048,777 (99.8%)AGAINST: 293,105 (0.1%)ABSTAIN: 17,077 (0.0%)

Largest asset managers voting on “To ratify the appointment of Deloitte & Touche LLP as UPS's independent registered public accounting firm for ” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,642,082	8,845	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,960,151	0	0	For
BlackRock	15,798,112	0	0	For
JPMorgan	7,698,867	0	0	For
State Street	6,554,383	173	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	1,999,466	0	0	For
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	1,242,183	0	0	For
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	1,085,014	0	0	For
Hartford	1,033,866	538	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	752,295	2,111	17,017	For

Showing the 25 largest of 187 asset managers. See all 187 in the interactive database.

16. To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.

CAPITAL STRUCTURE

Meeting held 2025-05-08.

Combines 3 wordings of this item as funds reported it.

90% fund support · no official result

FOR 90%10%

The 187 asset managers below cast 90% of the shares they voted on this item FOR (183,862,621 for, 21,464,219 against).

FOR: 183,862,621 (89.5%)AGAINST: 21,464,219 (10.5%)ABSTAIN: 32,121 (0.0%)

Largest asset managers voting on “To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	73,641,619	9,308	0	For
Charles Schwab	24,026,851	0	0	For
Fidelity	21,784,922	175,229	0	For
BlackRock	40,166	15,757,946	0	Against
JPMorgan	7,698,867	0	0	For
State Street	6,552,941	1,615	0	For
American Century	4,866,973	0	0	For
Capital Group	4,272,378	0	0	For
Victory Capital	3,438,766	0	0	For
Franklin Custodian Funds	3,030,000	0	0	For
VanEck ETF Trust	2,906,505	0	0	For
T. Rowe Price	2,439,003	0	0	For
Dimensional	2,434,888	0	0	For
FRANKLIN MANAGED TRUST	2,338,500	0	0	For
Bridge Builder Trust	763,137	1,236,329	0	Against
Invesco	1,992,311	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	1,927,492	0	0	For
First Trust	1,901,277	0	0	For
TIAA	1,715,352	0	0	For
Six Circles Trust	0	1,242,183	0	Against
Jackson National	1,150,372	0	0	For
MASTER INVESTMENT PORTFOLIO	0	1,085,014	0	Against
Hartford	1,034,404	0	0	For
Federated Hermes	809,011	0	0	For
Brighthouse	504,141	250,265	17,017	For

Showing the 25 largest of 187 asset managers. See all 187 in the interactive database.

17. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08.

86% fund support · no official result

FOR 86%14%

The 26 asset managers below cast 86% of the shares they voted on this item FOR (946,302 for, 152,592 against).

FOR: 946,302 (85.8%)AGAINST: 152,592 (13.8%)NOT VOTED: 4,115 (0.4%)

Largest asset managers voting on “14A Executive Compensation” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Vote
Interval Partners, LP	510,537	0	For
London & Capital Asset Management Ltd	179,636	0	For
Focus Partners Wealth	37,868	135,521	Against
Baker Avenue Asset Management, LP	50,840	0	For
HOURGLASS CAPITAL, LLC	33,955	0	For
BUTENSKY & COHEN FINANCIAL SECURITY, INC	31,885	0	For
OLD SECOND NATIONAL BANK OF AURORA	27,609	0	For
BOURNE LENT ASSET MANAGEMENT INC	20,314	0	For
MATTERN CAPITAL MANAGEMENT, LLC	18,339	0	For
COURIER CAPITAL LLC	0	17,071	Against
HARBOUR INVESTMENT MANAGEMENT LLC	14,835	0	For
Inlet Private Wealth, LLC	13,868	0	For
James Alpha Funds Trust	4,280	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
EAGLE GLOBAL ADVISORS LLC	700	0	For
IMA Advisory Services, Inc.	497	0	For
Claret Asset Management Corp	304	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	234	0	For
ESL Trust Services, LLC	150	0	For
River Street Advisors LLC	150	0	For
MCMORGAN & CO LLC	110	0	For
Simplify Exchange Traded Funds	69	0	For
WESPAC Advisors SoCal, LLC	55	0	For
Blue Edge Capital, LLC	27	0	For
Ballew Advisors, Inc	24	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

18. To approve on an advisory basis named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-02 (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.

93% fund support · no official result

FOR 93%7%

The 12 asset managers below cast 93% of the shares they voted on this item FOR (74,215 for, 5,703 against).

FOR: 74,215 (92.9%)AGAINST: 5,703 (7.1%)

Largest asset managers voting on “To approve on an advisory basis named executive officer compensation” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Vote
VAUGHAN DAVID INVESTMENTS LLC/IL	24,184	0	For
Orca Wealth Management, LLC	20,000	0	For
Sky Investment Group LLC	14,715	0	For
Americana Partners, LLC	7,167	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	5,143	Against
Ipswich Investment Management Co., Inc.	3,119	0	For
DIVIDEND ASSETS CAPITAL, LLC	2,885	0	For
Knuff & Co LLC	1,477	0	For
USCF ETF Trust	0	560	Against
Axiom Financial Strategies, LLC	372	0	For
Seascape Capital Management	296	0	For
Echo45 Advisors LLC	0	0	--

19. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2025-05-08.

Combines 2 wordings of this item as funds reported it.

41% fund support · no official result

FOR 41%AGAINST 59%

The 9 asset managers below cast 41% of the shares they voted on this item FOR (137,987 for, 195,326 against).

FOR: 137,987 (41.4%)AGAINST: 195,326 (58.6%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	0	195,326	Against
MARCO INVESTMENT MANAGEMENT LLC	117,697	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	14,835	0	For
James Alpha Funds Trust	4,280	0	For
NORTHERN LIGHTS FUND TRUST III	706	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	234	0	For
ESL Trust Services, LLC	150	0	For
Simplify Exchange Traded Funds	69	0	For
Williamson Legacy Group, LLC	16	0	For

20. Advisory vote to Approve Named Executive Officer Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (45,338 for, 0 against).

FOR: 45,338 (100.0%)

Largest asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	32,900	For
NTV ASSET MANAGEMENT LLC	8,251	For
Cannon Financial Strategists, Inc.	2,719	For
Parisi Gray Wealth Management	899	For
ST GERMAIN D J CO INC	409	For
EAGLE HARBOR ASSET MANAGEMENT INC /ADV	160	For
IPConcept (Luxemburg) S.A.	0	--

21. S/H Proposal - Environmental

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-05-08.

Combines 2 wordings of this item as funds reported it.

2% fund support · no official result

AGAINST 25%NOT VOTED 75%

The 7 asset managers below cast 2% of the shares they voted on this item FOR (85 for, 4,865 against).

FOR: 85 (0.4%)AGAINST: 4,865 (24.6%)NOT VOTED: 14,835 (75.0%)

Largest asset managers voting on “S/H Proposal - Environmental” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	Not Voted
James Alpha Funds Trust	0	4,280	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	0	234	Against
Two Roads Shared Trust	0	201	Against
ESL Trust Services, LLC	0	150	Against
Simplify Exchange Traded Funds	69	0	For
Williamson Legacy Group, LLC	16	0	For

22. Approve Recapitalization Plan for all Stock to Have One-vote per Share

AUDIT-RELATED

Meeting held 2025-05-08.

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (380,346 for, 0 against).

FOR: 380,346 (100.0%)

Largest asset managers voting on “Approve Recapitalization Plan for all Stock to Have One-vote per Share” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
GuideStone	189,126	For
Empower	158,760	For
HC CAPITAL TRUST	16,845	For
AGF Investments Trust	10,914	For
CLEARWATER INVESTMENT TRUST	3,840	For
Multi-Select Securities Fund for Puerto Rico Residents	848	For
UNIFIED SERIES TRUST	13	For

23. Ratify Deloitte & Touche LLP as Auditors

COMPENSATION

Meeting held 2025-05-08.

100% fund support · no official result

FOR 100%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (380,346 for, 0 against).

FOR: 380,346 (100.0%)

Largest asset managers voting on “Ratify Deloitte & Touche LLP as Auditors” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
GuideStone	189,126	For
Empower	158,760	For
HC CAPITAL TRUST	16,845	For
AGF Investments Trust	10,914	For
CLEARWATER INVESTMENT TRUST	3,840	For
Multi-Select Securities Fund for Puerto Rico Residents	848	For
UNIFIED SERIES TRUST	13	For

24. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-08.

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

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	178,020	For
James Alpha Funds Trust	4,280	For
VOISARD ASSET MANAGEMENT GROUP, INC.	234	For
ESL Trust Services, LLC	150	For
Simplify Exchange Traded Funds	69	For
Williamson Legacy Group, LLC	16	For

25. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-05-08.

10% fund support · no official result

AGAINST 22%NOT VOTED 76%

The 6 asset managers below cast 10% of the shares they voted on this item FOR (469 for, 4,280 against).

FOR: 469 (2.4%)AGAINST: 4,280 (21.9%)NOT VOTED: 14,835 (75.8%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	Not Voted
James Alpha Funds Trust	0	4,280	Against
VOISARD ASSET MANAGEMENT GROUP, INC.	234	0	For
ESL Trust Services, LLC	150	0	For
Simplify Exchange Traded Funds	69	0	For
Williamson Legacy Group, LLC	16	0	For

26. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08.

Combines 3 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 (6,070 for, 0 against).

FOR: 6,070 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
SWEENEY & MICHEL, LLC	2,747	For
Lido Advisors, LLC	2,315	For
Pinnacle Family Advisors, LLC	1,008	For

27. Executive Officer Compensation

COMPENSATION

Meeting held 2025-05-08.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (984 for, 0 against).

FOR: 984 (100.0%)

Largest asset managers voting on “Executive Officer Compensation” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
Ifrah Financial Services, Inc.	809	For
Praetorian Wealth Management, Inc.	100	For
VANTAGE WEALTH	75	For

28. Compensation

COMPENSATION

Meeting held 2025-05-08.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (1,312 for, 0 against).

FOR: 1,312 (100.0%)

Largest asset managers voting on “Compensation” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
Members Trust Co	1,096	For
Two Roads Shared Trust	201	For
Blue Sky Capital Consultants Group, Inc.	15	For

29. Say on Pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-08.

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 (998,814 for, 0 against).

FOR: 998,814 (100.0%)

Largest asset managers voting on “Say on Pay” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Vote
Empower	943,351	For
CAPITAL MANAGEMENT CORP /VA	53,693	For
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV	1,770	For

30. Elect Director Angela Hwang

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

94% Majority: yes · of votes cast

FOR 94%

FOR: 1,125,495,511AGAINST: 68,020,894

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Angela Hwang”): 1,125,495,511 for, 68,020,894 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Angela Hwang” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

31. Elect Director Carol Tome

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

92% Majority: yes · of votes cast

FOR 92%8%

FOR: 1,100,943,409AGAINST: 92,651,256

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Carol B. Tomé”): 1,100,943,409 for, 92,651,256 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Carol Tome” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

32. Elect Director Christiana Smith Shi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 1,107,781,267AGAINST: 85,007,624

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Christiana Smith Shi”): 1,107,781,267 for, 85,007,624 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Christiana Smith Shi” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

33. Elect Director Eva Boratto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

94% Majority: yes · of votes cast

FOR 94%

FOR: 1,122,128,263AGAINST: 71,264,679

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Eva C. Boratto”): 1,122,128,263 for, 71,264,679 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Eva Boratto” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

34. Elect Director Franck Moison

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

86% Majority: yes · of votes cast

FOR 86%14%

FOR: 1,029,740,128AGAINST: 161,915,949

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Franck J. Moison”): 1,029,740,128 for, 161,915,949 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 97% of the shares they voted on this item FOR (20,000 for, 560 against).

FOR 97%

FOR: 20,000 (97.3%)AGAINST: 560 (2.7%)

Largest asset managers voting on “Elect Director Franck Moison” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	0	560	0	0	Against

35. Elect Director Kate Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

87% Majority: yes · of votes cast

FOR 87%13%

FOR: 1,024,297,470AGAINST: 157,523,906

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Kate E. Johnson”): 1,024,297,470 for, 157,523,906 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 97% of the shares they voted on this item FOR (20,000 for, 560 against).

FOR 97%

FOR: 20,000 (97.3%)AGAINST: 560 (2.7%)

Largest asset managers voting on “Elect Director Kate Johnson” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	0	560	0	0	Against

36. Elect Director Kevin Warsh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

86% Majority: yes · of votes cast

FOR 86%14%

FOR: 1,027,635,391AGAINST: 163,982,306

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Kevin M. Warsh”): 1,027,635,391 for, 163,982,306 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 97% of the shares they voted on this item FOR (20,000 for, 560 against).

FOR 97%

FOR: 20,000 (97.3%)AGAINST: 560 (2.7%)

Largest asset managers voting on “Elect Director Kevin Warsh” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	0	560	0	0	Against

37. Elect Director Michael Burns

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 1,108,621,293AGAINST: 84,231,067

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Michael J. Burns”): 1,108,621,293 for, 84,231,067 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Michael Burns” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

38. Elect Director Rodney Adkins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 1,080,010,278AGAINST: 113,313,118

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Rodney C. Adkins”): 1,080,010,278 for, 113,313,118 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Rodney Adkins” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

39. Elect Director Russell Stokes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

86% Majority: yes · of votes cast

FOR 86%14%

FOR: 1,027,006,671AGAINST: 163,070,544

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Russell Stokes”): 1,027,006,671 for, 163,070,544 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 97% of the shares they voted on this item FOR (20,000 for, 560 against).

FOR 97%

FOR: 20,000 (97.3%)AGAINST: 560 (2.7%)

Largest asset managers voting on “Elect Director Russell Stokes” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	0	560	0	0	Against

40. Elect Director Wayne Hewett

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-02 (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.

94% Majority: yes · of votes cast

FOR 94%

FOR: 1,125,856,127AGAINST: 67,122,458

UNITED PARCEL SERVICE INC.’s own tally for this item (“Elect Director: Wayne M. Hewett”): 1,125,856,127 for, 67,122,458 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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.

The 2 asset managers below cast 100% of the shares they voted on this item FOR (20,560 for, 0 against).

FOR 100%

FOR: 20,560 (100.0%)

Largest asset managers voting on “Elect Director Wayne Hewett” at UNITED PARCEL SERVICE INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Orca Wealth Management, LLC	20,000	0	0	0	For
USCF ETF Trust	560	0	0	0	For

Showing the 40 reported items with the widest manager coverage, of 47 in total. View every item.

Largest UNITED PARCEL SERVICE INC. shareholders voting in 2024-2025

Ranked by the number of UNITED PARCEL SERVICE INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 850,000,000 shares outstanding at the time of that meeting.

Top UNITED PARCEL SERVICE INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	9.22%
2	Charles Schwab	5.67%
3	BlackRock	4.39%
4	Fidelity	3.62%
5	State Street	2.96%
6	JPMorgan	2.53%
7	GEODE CAPITAL MANAGEMENT, LLC	1.85%
8	Wellington	1.34%
9	T. Rowe Price	1.11%
10	Capital Group	1.02%

Reported UNITED PARCEL SERVICE INC. ownership

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

UNITED PARCEL SERVICE INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock	5.68%	13F
State Street	3.57%	13F
Charles Schwab	2.95%	13F
FMR (Fidelity)	1.78%	13F
JPMorgan Chase	1.70%	13F
Wellington Management	1.34%	13F
Goldman Sachs	1.06%	13F
Morgan Stanley	1.04%	13F

Percentages above are of 850,000,000 shares outstanding, as reported by UNITED PARCEL SERVICE INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from UNITED PARCEL SERVICE INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At UNITED PARCEL SERVICE INC.'s shareholder meeting held 2025-05-08, in the 2024-2025 proxy season, 1,353 asset managers reported how they voted in their SEC Form N-PX filings, covering 16,548 separate fund positions. Their filings are grouped here into 47 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. UNITED PARCEL SERVICE 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 — To approve on an advisory basis, named executive officer compensation. — the reporting funds cast 95% 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.

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