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VALERO ENERGY CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

22Reported items
1,090Asset managers
11,269Fund votes
2025-05-06Meeting date

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

Explore VALERO ENERGY CORP. in the interactive database Compare manager voting policies

How asset managers voted at the VALERO ENERGY CORP. 2024-2025 meeting

Each item below shows how the 1,090 asset managers that disclosed a VALERO ENERGY 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 VALERO ENERGY 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. Advisory vote to approve the 2024 compensation of named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

84% fund support · no official result

FOR 83%AGAINST 16%

The 986 asset managers below cast 84% of the shares they voted on this item FOR (199,416,421 for, 39,375,079 against).

FOR: 199,416,421 (83.5%)AGAINST: 39,375,079 (16.5%)ABSTAIN: 44,700 (0.0%)NOT VOTED: 13,059 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Advisory vote to approve the 2024 compensation of named executive officers.” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	31,810,788	31,636	For
State Street	22,536,791	252,655	For
Charles Schwab	22,115,332	0	For
BlackRock	19,011,076	187,964	For
T. Rowe Price	13,732,796	50	For
Fidelity	13,665,733	43,460	For
Invesco	8,417,780	0	For
Putnam	7,670,039	0	For
GEODE CAPITAL MANAGEMENT, LLC	6,905,402	0	For
Columbia Threadneedle	4,792,434	62,367	For
Nuveen	4,276,106	3,392	For
Dimensional	0	3,995,288	Against
Pacer Funds Trust	3,987,718	0	For
TIAA	3,808,070	0	For
Victory Capital	0	3,477,615	Against
Northern Trust	2,950,594	205,915	For
RBC Global Asset Management (U.S.)	0	2,433,782	Against
Allspring	0	2,220,500	Against
Wellington	2,094,586	0	For
BANK OF AMERICA NA	2,013,011	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	1,858,354	0	For
Amundi	0	1,820,196	Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	1,693,308	Against
MELLON INVESTMENTS Corp	1,336,005	0	For
MFS	1,276,439	0	For

Showing the 25 largest of 986 asset managers. See all 986 in the interactive database.

2. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Fred M. Diaz

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (110,281,998 for, 1,007 against).

FOR: 110,281,998 (100.0%)AGAINST: 1,007 (0.0%)ABSTAIN: 24,216 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Fred M. Diaz” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,515	1	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,672	0	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

3. Elect directors to serve until the 2026 Annual Meeting of Stockholders: H. Paulett Eberhart

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 185 asset managers below cast 98% of the shares they voted on this item FOR (108,452,714 for, 1,830,291 against).

FOR: 108,452,714 (98.3%)AGAINST: 1,830,291 (1.7%)ABSTAIN: 24,216 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: H. Paulett Eberhart” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,141,827	1,697,689	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,672	0	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

4. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Kimberly S. Greene

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 185 asset managers below cast 99.9% of the shares they voted on this item FOR (110,256,498 for, 26,508 against).

FOR: 110,256,498 (100.0%)AGAINST: 26,508 (0.0%)ABSTAIN: 24,215 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Kimberly S. Greene” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,515	1	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,672	0	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

5. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Deborah P. Majoras

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

96% fund support · no official result

FOR 96%

The 185 asset managers below cast 96% of the shares they voted on this item FOR (105,781,278 for, 4,501,714 against).

FOR: 105,781,278 (95.9%)AGAINST: 4,501,714 (4.1%)ABSTAIN: 24,228 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Deborah P. Majoras” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,511	5	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,112,659	101,066	For
State Street	8,793,883	789	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	0	3,804,203	Against
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

6. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Eric D. Mullins

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 185 asset managers below cast 99.8% of the shares they voted on this item FOR (110,115,010 for, 167,995 against).

FOR: 110,115,010 (99.8%)AGAINST: 167,995 (0.2%)ABSTAIN: 24,216 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Eric D. Mullins” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,514	1	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,672	0	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

7. Elect directors to serve until the 2026 Annual Meeting of Stockholders: R. Lane Riggs

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 185 asset managers below cast 99.8% of the shares they voted on this item FOR (110,142,428 for, 137,503 against).

FOR: 110,142,428 (99.9%)AGAINST: 137,503 (0.1%)ABSTAIN: 27,290 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: R. Lane Riggs” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,512	4	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,652	20	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

8. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Randall J. Weisenburger

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 185 asset managers below cast 98% of the shares they voted on this item FOR (108,240,114 for, 2,042,892 against).

FOR: 108,240,114 (98.1%)AGAINST: 2,042,892 (1.9%)ABSTAIN: 24,215 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Randall J. Weisenburger” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	28,141,824	1,697,692	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,604	68	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

9. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Rayford Wilkins, Jr.

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 185 asset managers below cast 99.6% of the shares they voted on this item FOR (109,947,457 for, 335,549 against).

FOR: 109,947,457 (99.7%)AGAINST: 335,549 (0.3%)ABSTAIN: 24,215 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Rayford Wilkins, Jr.” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,511	4	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,604	68	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

10. Elect directors to serve until the 2026 Annual Meeting of Stockholders: Marie A. Ffolkes

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 184 asset managers below cast 99.9% of the shares they voted on this item FOR (110,167,288 for, 65 against).

FOR: 110,167,288 (99.9%)AGAINST: 65 (0.0%)ABSTAIN: 134,968 (0.1%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Marie A. Ffolkes” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,839,515	1	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,672	0	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 184 asset managers. See all 184 in the interactive database.

11. Ratify the appointment of KPMG LLP as Valero's independent registered public accounting firm for 2025.

AUDIT-RELATED

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 182 asset managers below cast 99.8% of the shares they voted on this item FOR (110,065,148 for, 111,164 against).

FOR: 110,065,148 (99.9%)AGAINST: 111,164 (0.1%)ABSTAIN: 24,213 (0.0%)WITHHOLD/ABSTAIN: 3 (0.0%)

Largest asset managers voting on “Ratify the appointment of KPMG LLP as Valero's independent registered public accounting firm for 2025.” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	29,837,676	1,839	For
Charles Schwab	11,036,202	0	For
Fidelity	9,893,450	0	For
BlackRock	9,213,725	0	For
State Street	8,794,604	68	For
Columbia Threadneedle	4,792,434	0	For
Pacer Funds Trust	3,987,718	0	For
Invesco	3,918,693	0	For
TIAA	3,804,203	0	For
T. Rowe Price	3,745,877	0	For
Dimensional	3,476,311	0	For
Putnam	3,028,190	0	For
Victory Capital	1,962,788	0	For
MFS	1,276,439	0	For
Jackson National	1,048,357	0	For
Allspring	1,046,158	0	For
Prudential/PGIM	638,807	0	For
MASTER INVESTMENT PORTFOLIO	399,740	0	For
SEI	351,363	0	For
STERLING CAPITAL FUNDS	342,803	0	For
PIMCO	320,461	0	For
Virtus	286,728	0	For
First Trust	284,896	0	For
Six Circles Trust	269,003	0	For
Equitable	250,782	0	For

Showing the 25 largest of 182 asset managers. See all 182 in the interactive database.

12. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

25% fund support · no official result

FOR 25%AGAINST 75%

The 39 asset managers below cast 25% of the shares they voted on this item FOR (815,107 for, 2,409,986 against).

FOR: 815,107 (25.3%)AGAINST: 2,409,986 (74.7%)ABSTAIN: 2,482 (0.1%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
MONTRUSCO BOLTON INVESTMENTS INC.	0	1,350,321	0	Against
JPMorgan	765,199	0	2,482	For
NORDEA INVESTMENT MANAGEMENT AB	0	426,858	0	Against
TD ASSET MANAGEMENT INC	0	151,546	0	Against
GROUPAMA ASSET MANAGMENT	0	111,351	0	Against
STOREBRAND ASSET MANAGEMENT AS	0	76,155	0	Against
Carmel Capital Management L.L.C.	0	50,865	0	Against
Empower	0	42,934	0	Against
Desjardins Global Asset Management Inc.	0	34,635	0	Against
Close Asset Management Ltd	0	34,404	0	Against
GuideStone	0	33,697	0	Against
BEACON INVESTMENT ADVISORY SERVICES, INC.	0	26,152	0	Against
AMERICAN BEACON FUNDS	18,500	0	0	For
Vinva Investment Management Ltd	0	15,584	0	Against
TD Waterhouse Canada Inc.	0	12,433	0	Against
Regime de rentes du Mouvement Desjardins	0	11,146	0	Against
MILLER HOWARD INVESTMENTS INC /NY	0	9,209	0	Against
Convergence Investment Partners, LLC	8,876	0	0	For
CLEARWATER INVESTMENT TRUST	0	8,779	0	Against
Metzler Asset Management GmbH	6,736	0	0	For
FAYEZ SAROFIM & CO	6,475	0	0	For
Uniplan Investment Counsel, Inc.	5,379	0	0	For
ESSEX INVESTMENT MANAGEMENT CO LLC	0	3,129	0	Against
Wilshire Advisors LLC	0	2,760	0	Against
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	2,306	0	0	For

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

13. SECTION 14A EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

88% fund support · no official result

FOR 84%12%

The 23 asset managers below cast 88% of the shares they voted on this item FOR (82,469 for, 11,259 against).

FOR: 82,469 (84.4%)AGAINST: 11,259 (11.5%)NOT VOTED: 3,937 (4.0%)A: 1 (0.0%)

Largest asset managers voting on “SECTION 14A EXECUTIVE COMPENSATION” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
IMA Advisory Services, Inc.	25,528	0	For
OLD SECOND NATIONAL BANK OF AURORA	21,982	0	For
River Street Advisors LLC	11,432	0	For
PEDDOCK CAPITAL ADVISORS, LLC	8,250	0	For
Ballew Advisors, Inc	7,300	0	For
COURIER CAPITAL LLC	0	6,754	Against
Focus Partners Wealth	100	4,045	Against
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
Claret Asset Management Corp	1,840	0	For
WESPAC Advisors SoCal, LLC	1,300	0	For
ESL Trust Services, LLC	1,025	0	For
Moisand Fitzgerald Tamayo, LLC	1,000	0	For
Inlet Private Wealth, LLC	750	0	For
Palisades Hudson Asset Management, L.P.	621	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	460	Against
Baker Avenue Asset Management, LP	362	0	For
MQS Management LLC	321	0	For
EAGLE GLOBAL ADVISORS LLC	250	0	For
Wallington Asset Management, LLC	229	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	90	0	For
Simplify Exchange Traded Funds	84	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	0	For
Evergreen Wealth Management, LLC	0	0	A

14. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2025-05-06; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (20,102 for, 0 against).

FOR: 20,102 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
AMERICAN BEACON FUNDS	18,500	For
ESL Trust Services, LLC	1,025	For
NORTHERN LIGHTS FUND TRUST III	398	For
HARBOUR INVESTMENT MANAGEMENT LLC	90	For
Simplify Exchange Traded Funds	84	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	For

15. Advisory vote to approve the 2023 compensation of named executive officers

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2024-05-15; no official results on file for that date (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.

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (4,936 for, 0 against).

FOR: 4,936 (100.0%)

Largest asset managers voting on “Advisory vote to approve the 2023 compensation of named executive officers” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	2,821	For
VAUGHAN DAVID INVESTMENTS LLC/IL	675	For
DIVIDEND ASSETS CAPITAL, LLC	600	For
Ipswich Investment Management Co., Inc.	540	For
Sky Investment Group LLC	300	For
Echo45 Advisors LLC	0	--

16. Advisory vote to Approve Named Executive Officer Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (12,284 for, 0 against).

FOR: 12,284 (100.0%)

Largest asset managers voting on “Advisory vote to Approve Named Executive Officer Compensation” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
Kennondale Capital Management LLC	5,400	For
EAGLE HARBOR ASSET MANAGEMENT INC /ADV	3,842	For
Parisi Gray Wealth Management	2,180	For
NTV ASSET MANAGEMENT LLC	737	For
ST GERMAIN D J CO INC	125	For

17. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2025-05-06; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (87,652 for, 0 against).

FOR: 87,652 (100.0%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
Empower	42,934	For
GuideStone	33,697	For
CLEARWATER INVESTMENT TRUST	8,779	For
HC CAPITAL TRUST	2,242	For
OARSMAN CAPITAL, INC.	0	--

18. Say on Pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (703,594 for, 0 against).

FOR: 703,594 (100.0%)

Largest asset managers voting on “Say on Pay” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
Empower	524,228	For
Recurrent Investment Advisors LLC	178,346	For
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV	1,000	For
Gibson Capital, LLC	20	For

19. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

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 4 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 VALERO ENERGY CORP., 2024-2025
Asset manager	For	Vote
ESL Trust Services, LLC	1,025	For
HARBOUR INVESTMENT MANAGEMENT LLC	810	For
Simplify Exchange Traded Funds	84	For
VOISARD ASSET MANAGEMENT GROUP, INC.	5	For

20. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-05-06; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (8,474 for, 0 against).

FOR: 8,474 (100.0%)

Largest asset managers voting on “Director Elections” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Ballew Advisors, Inc	7,300	0	0	0	For
Members Trust Co	1,174	0	0	0	For

21. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (42,635 for, 0 against).

FOR: 42,635 (100.0%)

Largest asset managers voting on “Executive Salary” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Bell & Brown Wealth Advisors, LLC	42,538	0	0	0	For
Northside Capital Management, LLC	97	0	0	0	For

22. SECTION 14A SAY-ON-PAY VOTES

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-06; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (618 for, 0 against).

FOR: 618 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at VALERO ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Pinnacle Family Advisors, LLC	618	0	0	0	For
Lido Advisors, LLC	0	0	0	0	--

Largest VALERO ENERGY CORP. shareholders voting in 2024-2025

Ranked by the number of VALERO ENERGY CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 313,206,121 shares outstanding at the time of that meeting.

Top VALERO ENERGY CORP. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.17%
2	State Street	7.28%
3	Charles Schwab	7.06%
4	BlackRock	6.13%
5	T. Rowe Price	4.38%
6	Fidelity	4.38%
7	Invesco	2.69%
8	Putnam	2.45%
9	GEODE CAPITAL MANAGEMENT, LLC	2.20%
10	Columbia Threadneedle	1.55%

Reported VALERO ENERGY CORP. ownership

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

VALERO ENERGY CORP. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	12.41%	13F
BlackRock	8.38%	13F
State Street	6.24%	13F
Charles Schwab	3.65%	13F
T. Rowe Price	3.45%	13F
Morgan Stanley	2.53%	13F
Nuveen	1.66%	13F
Invesco	1.57%	13F
Franklin Templeton	1.56%	13F

Percentages above are of 313,206,121 shares outstanding, as reported by VALERO ENERGY CORP. on its Form 10-Q dated 2025-04-17 (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 VALERO ENERGY CORP.’s 10-Q dated 2025-04-17. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At VALERO ENERGY CORP.'s shareholder meeting held 2025-05-06, in the 2024-2025 proxy season, 1,090 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,269 separate fund positions. Their filings are grouped here into 22 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory vote to approve the 2024 compensation of named executive officers. — the reporting funds cast 84% 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.

VALERO ENERGY CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.