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Visa Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

72Reported items
1,969Asset managers
36,357Fund votes
2026-01-27Meeting date

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

Explore Visa Inc. in the interactive database Compare manager voting policies

How asset managers voted at the Visa Inc. 2025-2026 meeting

Each item below shows how the 1,969 asset managers that disclosed a Visa 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 Visa 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, the compensation paid to our named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

96% fund support · no official result

FOR 95%

The 1,752 asset managers below cast 96% of the shares they voted on this item FOR (1,250,057,513 for, 57,892,617 against).

FOR: 1,250,057,513 (95.3%)AGAINST: 57,892,617 (4.4%)ABSTAIN: 3,486,449 (0.3%)NOT VOTED: 390,333 (0.0%)UNKNOWN: 71,824 (0.0%)

Largest asset managers voting on “To approve, on an advisory basis, the compensation paid to our named executive officers.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	171,746,639	246	6	For
BlackRock	108,790,498	13,323	0	For
Fidelity	105,733,756	0	0	For
Capital Group	83,871,758	0	0	For
T. Rowe Price	69,353,326	382,037	0	For
State Street	45,562,862	552,447	0	For
GEODE CAPITAL MANAGEMENT, LLC	43,432,817	0	0	For
TCI Fund Management Ltd	29,148,864	0	0	For
Charles Schwab	25,361,378	0	0	For
Invesco	18,269,064	0	0	For
AllianceBernstein	17,657,887	0	0	For
Northern Trust	15,566,647	152,059	0	For
UBS	10,684,202	688,437	0	For
Loomis Sayles	10,207,011	242,577	0	For
Goldman Sachs	10,037,015	0	0	For
Nuveen	9,375,134	0	0	For
Morgan Stanley	3,885,909	5,376,698	0	Against
TIAA	8,794,401	0	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	8,592,790	0	Against
Wellington	8,356,317	0	0	For
Columbia Threadneedle	7,902,818	0	0	For
Clearbridge Investments, LLC	7,081,888	0	0	For
Victory Capital	6,763,650	3,512	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	6,712,447	0	0	For
Legal & General Investment Management Ltd	6,534,948	129,522	0	For

Showing the 25 largest of 1,752 asset managers. See all 1,752 in the interactive database.

2. To elect the eleven director nominees named in the proxy statement: John F. Lundgren

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 10 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.5%

The 322 asset managers below cast 99.9% of the shares they voted on this item FOR (499,996,402 for, 383,648 against).

FOR: 499,996,402 (99.6%)AGAINST: 383,648 (0.1%)ABSTAIN: 1,607,159 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: John F. Lundgren” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,894,274	87,915	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,614,650	10,174	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,019,692	7,900	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.

3. To elect the eleven director nominees named in the proxy statement: Ryan McInerney

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 11 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.6%

The 322 asset managers below cast 99.9% of the shares they voted on this item FOR (500,319,837 for, 60,157 against).

FOR: 500,319,837 (99.7%)AGAINST: 60,157 (0.0%)ABSTAIN: 1,607,211 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Ryan McInerney” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,173	13	5	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.

4. To elect the eleven director nominees named in the proxy statement: William Ready

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 11 wordings of this item as funds reported it.

81% fund support · no official result

FOR 81%AGAINST 19%

The 322 asset managers below cast 81% of the shares they voted on this item FOR (405,686,148 for, 94,693,755 against).

FOR: 405,686,148 (80.8%)AGAINST: 94,693,755 (18.9%)ABSTAIN: 1,607,307 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: William Ready” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	150,115,936	4,866,249	8	For
Fidelity	67,094,320	730,050	0	For
BlackRock	2,509,159	50,115,665	0	Against
Capital Group	40,185,980	0	0	For
T. Rowe Price	19,644,273	2,643,015	0	For
State Street	18,631,129	231	0	For
Charles Schwab	8,380	11,996,179	0	Against
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,170,266	564,194	0	For
Bridge Builder Trust	2,153,624	1,213,243	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,116,990	7,511	0	For
AB LARGE CAP GROWTH FUND INC	0	3,057,757	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	1,909,700	696,315	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,376,116	7,364	0	For
Principal	2,276,824	32,672	0	For
MASTER INVESTMENT PORTFOLIO	37,162	2,186,221	0	Against

Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.

5. To elect the eleven director nominees named in the proxy statement: Linda J. Rendle

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 10 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.6%

The 322 asset managers below cast 99.9% of the shares they voted on this item FOR (500,160,033 for, 220,021 against).

FOR: 500,160,033 (99.6%)AGAINST: 220,021 (0.0%)ABSTAIN: 1,607,154 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Linda J. Rendle” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,167	24	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,019,692	7,900	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.

6. To elect the eleven director nominees named in the proxy statement: Maynard G. Webb, Jr.

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 11 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.4%

The 322 asset managers below cast 99.7% of the shares they voted on this item FOR (499,168,333 for, 1,211,716 against).

FOR: 499,168,333 (99.4%)AGAINST: 1,211,716 (0.2%)ABSTAIN: 1,607,160 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Maynard G. Webb, Jr.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,146	45	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,129	231	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,374,878	8,602	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.

7. To elect the eleven director nominees named in the proxy statement: Lloyd A. Carney

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 10 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.4%

The 321 asset managers below cast 99.7% of the shares they voted on this item FOR (499,175,033 for, 1,208,643 against).

FOR: 499,175,033 (99.4%)AGAINST: 1,208,643 (0.2%)ABSTAIN: 1,607,159 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Lloyd A. Carney” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,149	41	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,374,878	8,602	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.

8. To elect the eleven director nominees named in the proxy statement: Kermit R. Crawford

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 11 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.6%

The 321 asset managers below cast 99.9% of the shares they voted on this item FOR (499,416,814 for, 81,375 against).

FOR: 499,416,814 (99.6%)AGAINST: 81,375 (0.0%)ABSTAIN: 1,607,161 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Kermit R. Crawford” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,118	72	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.

9. To elect the eleven director nominees named in the proxy statement: Teri L. List

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.5%

The 321 asset managers below cast 99.9% of the shares they voted on this item FOR (499,108,680 for, 387,013 against).

FOR: 499,108,680 (99.6%)AGAINST: 387,013 (0.1%)ABSTAIN: 1,607,156 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Teri L. List” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,820,553	161,639	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.

10. To elect the eleven director nominees named in the proxy statement: Denise M. Morrison

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.4%

The 321 asset managers below cast 99.7% of the shares they voted on this item FOR (498,190,398 for, 1,307,751 against).

FOR: 498,190,398 (99.4%)AGAINST: 1,307,751 (0.3%)ABSTAIN: 1,607,204 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Denise M. Morrison” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,130	60	6	For
Fidelity	67,824,370	0	0	For
BlackRock	52,614,650	10,174	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,019,692	7,900	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.

11. To elect the eleven director nominees named in the proxy statement: Pamela Murphy

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.6%

The 321 asset managers below cast 99.9% of the shares they voted on this item FOR (499,290,756 for, 207,438 against).

FOR: 499,290,756 (99.6%)AGAINST: 207,438 (0.0%)ABSTAIN: 1,607,154 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Pamela Murphy” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,168	22	3	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,360	0	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,019,692	7,900	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.

12. Shareholder proposal on shareholder right to act by written consent.

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

17% fund support · no official result

FOR 17%AGAINST 83%

The 314 asset managers below cast 17% of the shares they voted on this item FOR (84,682,134 for, 407,242,313 against).

FOR: 84,682,134 (17.2%)AGAINST: 407,242,313 (82.5%)ABSTAIN: 1,607,289 (0.3%)UNKNOWN: 8,257 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “Shareholder proposal on shareholder right to act by written consent.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	975,111	154,007,074	8	Against
Fidelity	427,228	67,397,142	0	Against
BlackRock	73,684	52,551,140	0	Against
Capital Group	40,185,980	0	0	For
T. Rowe Price	0	22,287,288	0	Against
State Street	38,479	18,592,881	0	Against
Charles Schwab	0	12,004,560	0	Against
TIAA	0	8,591,437	0	Against
Invesco	0	7,693,713	0	Against
Columbia Threadneedle	7,472,076	0	0	For
Jackson National	215,325	3,519,135	0	Against
Bridge Builder Trust	1,715,328	1,651,539	0	For
Dimensional	0	3,163,689	0	Against
Victory Capital	2,940,993	183,508	0	For
AB LARGE CAP GROWTH FUND INC	0	3,057,757	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	52,576	2,975,016	0	Against
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	0	2,699,522	0	Against
FRANKLIN MANAGED TRUST	0	2,632,500	0	Against
Prudential/PGIM	186,072	2,419,943	0	Against
Loomis Sayles	0	2,488,875	0	Against
ADVISORS' INNER CIRCLE FUND	200,026	2,183,454	0	Against
Principal	341,779	1,967,717	0	Against
MASTER INVESTMENT PORTFOLIO	0	2,223,383	0	Against
First Trust	1,869,932	75,483	0	For

Showing the 25 largest of 314 asset managers. See all 314 in the interactive database.

13. Shareholder proposal on report on online sexual exploitation.

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

0.6% fund support · no official result

AGAINST 99%

The 314 asset managers below cast 0.6% of the shares they voted on this item FOR (2,630,429 for, 487,983,937 against).

FOR: 2,630,429 (0.5%)AGAINST: 487,983,937 (98.9%)ABSTAIN: 2,846,064 (0.6%)A: 71,307 (0.0%)UNKNOWN: 8,257 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “Shareholder proposal on report on online sexual exploitation.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	285	154,981,871	38	Against
Fidelity	0	67,824,370	0	Against
BlackRock	31,756	52,593,068	0	Against
Capital Group	0	40,185,980	0	Against
T. Rowe Price	0	22,287,288	0	Against
State Street	4,298	18,627,062	0	Against
Charles Schwab	0	12,004,560	0	Against
TIAA	0	8,591,437	0	Against
Invesco	0	7,693,713	0	Against
Columbia Threadneedle	0	7,472,076	0	Against
Jackson National	0	3,734,460	0	Against
Bridge Builder Trust	0	3,366,867	0	Against
Dimensional	0	3,163,689	0	Against
Victory Capital	0	3,124,501	0	Against
AB LARGE CAP GROWTH FUND INC	0	3,057,757	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	23,150	3,004,442	0	Against
Legg Mason	0	2,856,556	0	Against
JANUS INVESTMENT FUND	0	2,699,522	0	Against
FRANKLIN MANAGED TRUST	0	2,632,500	0	Against
Prudential/PGIM	0	2,606,015	0	Against
Loomis Sayles	0	2,488,875	0	Against
ADVISORS' INNER CIRCLE FUND	191,424	2,192,056	0	Against
Principal	0	2,309,496	0	Against
MASTER INVESTMENT PORTFOLIO	0	2,223,383	0	Against
First Trust	0	1,945,415	0	Against

Showing the 25 largest of 314 asset managers. See all 314 in the interactive database.

14. Shareholder proposal on inclusion ROI audit.

DIVERSITY, EQUITY, AND INCLUSION

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

0.1% fund support · no official result

AGAINST 99.3%

The 314 asset managers below cast 0.1% of the shares they voted on this item FOR (204,396 for, 490,289,293 against).

FOR: 204,396 (0.0%)AGAINST: 490,289,293 (99.4%)ABSTAIN: 2,842,153 (0.6%)UNKNOWN: 79,564 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “Shareholder proposal on inclusion ROI audit.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	31	154,982,121	35	Against
Fidelity	0	67,824,370	0	Against
BlackRock	0	52,624,824	0	Against
Capital Group	0	40,185,980	0	Against
T. Rowe Price	0	22,287,288	0	Against
State Street	0	18,631,360	0	Against
Charles Schwab	0	12,004,560	0	Against
TIAA	0	8,591,437	0	Against
Invesco	0	7,693,713	0	Against
Columbia Threadneedle	0	7,472,076	0	Against
Jackson National	0	3,734,460	0	Against
Bridge Builder Trust	0	3,366,867	0	Against
Dimensional	0	3,163,689	0	Against
Victory Capital	0	3,124,501	0	Against
AB LARGE CAP GROWTH FUND INC	0	3,057,757	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	15,250	3,012,342	0	Against
Legg Mason	0	2,856,556	0	Against
JANUS INVESTMENT FUND	0	2,699,522	0	Against
FRANKLIN MANAGED TRUST	0	2,632,500	0	Against
Prudential/PGIM	0	2,606,015	0	Against
Loomis Sayles	0	2,488,875	0	Against
ADVISORS' INNER CIRCLE FUND	0	2,383,480	0	Against
Principal	0	2,309,496	0	Against
MASTER INVESTMENT PORTFOLIO	0	2,223,383	0	Against
First Trust	0	1,945,415	0	Against

Showing the 25 largest of 314 asset managers. See all 314 in the interactive database.

15. Shareholder proposal requesting the Board of Directors to adopt a policy for an independent chair.

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

5% fund support · no official result

AGAINST 95%

The 313 asset managers below cast 5% of the shares they voted on this item FOR (23,759,578 for, 467,806,781 against).

FOR: 23,759,578 (4.8%)AGAINST: 467,806,781 (94.8%)ABSTAIN: 1,893,071 (0.4%)A: 71,307 (0.0%)UNKNOWN: 8,257 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “Shareholder proposal requesting the Board of Directors to adopt a policy for an independent chair.” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	5,400,389	149,581,796	9	Against
Fidelity	0	67,824,370	0	Against
BlackRock	31,756	52,593,068	0	Against
Capital Group	0	40,185,980	0	Against
T. Rowe Price	81,200	22,206,088	0	Against
State Street	4,298	18,627,062	0	Against
Charles Schwab	0	12,004,560	0	Against
TIAA	0	8,591,437	0	Against
Invesco	0	7,693,713	0	Against
Columbia Threadneedle	7,472,076	0	0	For
Jackson National	0	3,734,460	0	Against
Bridge Builder Trust	1,400,444	1,966,423	0	Against
Dimensional	0	3,163,689	0	Against
Victory Capital	7,511	3,116,990	0	Against
AB LARGE CAP GROWTH FUND INC	0	3,057,757	0	Against
PROFESSIONALLY MANAGED PORTFOLIOS	23,150	3,004,442	0	Against
Legg Mason	0	2,856,556	0	Against
JANUS INVESTMENT FUND	0	2,699,522	0	Against
FRANKLIN MANAGED TRUST	0	2,632,500	0	Against
Prudential/PGIM	0	2,606,015	0	Against
Loomis Sayles	0	2,488,875	0	Against
ADVISORS' INNER CIRCLE FUND	200,026	2,183,454	0	Against
Principal	342,101	1,967,395	0	Against
MASTER INVESTMENT PORTFOLIO	0	2,223,383	0	Against
First Trust	0	1,945,415	0	Against

Showing the 25 largest of 313 asset managers. See all 313 in the interactive database.

16. To ratify the appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2026.

AUDIT-RELATED

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.6%

The 311 asset managers below cast 99.9% of the shares they voted on this item FOR (491,615,873 for, 314,377 against).

FOR: 491,615,873 (99.6%)AGAINST: 314,377 (0.1%)ABSTAIN: 1,607,137 (0.3%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To ratify the appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 202” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,114	78	2	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,129	231	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,383,480	0	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For
First Trust	1,945,415	0	0	For

Showing the 25 largest of 311 asset managers. See all 311 in the interactive database.

17. To approve amendments to our Eighth Restated Certificate of Incorporation to limit officer liability as permitted by Delaware law.

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 311 asset managers below cast 97% of the shares they voted on this item FOR (478,094,002 for, 13,691,701 against).

FOR: 478,094,002 (96.9%)AGAINST: 13,691,701 (2.8%)ABSTAIN: 1,607,193 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To approve amendments to our Eighth Restated Certificate of Incorporation to limit officer liability as permit” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,894,029	88,159	5	For
Fidelity	67,640,677	183,693	0	For
BlackRock	52,576,749	48,075	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,629,672	1,688	0	For
Charles Schwab	12,001,559	3,001	0	For
TIAA	8,591,437	0	0	For
Invesco	7,341,963	351,750	0	For
Columbia Threadneedle	7,472,076	0	0	For
Jackson National	3,556,904	177,556	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	2,948,504	175,997	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	0	2,632,500	0	Against
Prudential/PGIM	2,546,855	59,160	0	For
Loomis Sayles	0	2,488,875	0	Against
ADVISORS' INNER CIRCLE FUND	2,376,116	7,364	0	For
Principal	2,277,146	32,350	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For
First Trust	1,945,415	0	0	For

Showing the 25 largest of 311 asset managers. See all 311 in the interactive database.

18. To elect the eleven director nominees named in the proxy statement: Francisco Javier Fernandez-Carbajal

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 12 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.4%

The 302 asset managers below cast 99.7% of the shares they voted on this item FOR (498,364,704 for, 1,169,987 against).

FOR: 498,364,704 (99.4%)AGAINST: 1,169,987 (0.2%)ABSTAIN: 1,640,399 (0.3%)UNKNOWN: 71,307 (0.0%)NOT VOTED: 1,277 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement: Francisco Javier Fernandez-Carbajal” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	154,982,117	67	8	For
Fidelity	67,824,370	0	0	For
BlackRock	52,624,824	0	0	For
Capital Group	40,185,980	0	0	For
T. Rowe Price	22,287,288	0	0	For
State Street	18,631,129	231	0	For
Charles Schwab	12,004,560	0	0	For
TIAA	8,591,437	0	0	For
Invesco	7,693,713	0	0	For
Columbia Threadneedle	7,472,076	0	0	For
JPMorgan	5,956,465	0	0	For
Jackson National	3,734,460	0	0	For
Bridge Builder Trust	3,366,867	0	0	For
Dimensional	3,163,689	0	0	For
Victory Capital	3,124,501	0	0	For
AB LARGE CAP GROWTH FUND INC	3,057,757	0	0	For
PROFESSIONALLY MANAGED PORTFOLIOS	3,027,592	0	0	For
Legg Mason	2,856,556	0	0	For
JANUS INVESTMENT FUND	2,699,522	0	0	For
FRANKLIN MANAGED TRUST	2,632,500	0	0	For
Prudential/PGIM	2,606,015	0	0	For
Loomis Sayles	2,488,875	0	0	For
ADVISORS' INNER CIRCLE FUND	2,374,878	8,602	0	For
Principal	2,309,496	0	0	For
MASTER INVESTMENT PORTFOLIO	2,223,383	0	0	For

Showing the 25 largest of 302 asset managers. See all 302 in the interactive database.

19. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

92% fund support · no official result

FOR 92%8%

The 106 asset managers below cast 92% of the shares they voted on this item FOR (37,994,999 for, 3,337,778 against).

FOR: 37,994,999 (91.9%)AGAINST: 3,337,778 (8.1%)ABSTAIN: 3,594 (0.0%)UNKNOWN: 4,160 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
Temasek Holdings (Private) Ltd	6,595,441	0	For
JPMorgan	6,277,388	0	For
Ninety One UK Ltd	4,889,466	0	For
APG Asset Management US Inc.	4,280,776	0	For
NORDEA INVESTMENT MANAGEMENT AB	2,212,534	0	For
Local Pensions Partnership Investment Ltd	1,755,948	0	For
Troy Asset Management Ltd	0	1,623,472	Against
STOREBRAND ASSET MANAGEMENT AS	1,353,214	0	For
Egerton Capital (UK) LLP	1,235,181	0	For
Walter Scott & Partners Ltd	1,169,771	0	For
TD Waterhouse Canada Inc.	1,116,420	0	For
Cardano Risk Management B.V.	0	857,742	Against
COMGEST GLOBAL INVESTORS S.A.S.	809,560	0	For
W1M Asset Management Ltd	613,426	0	For
Life Cycle Investment Partners Ltd	578,128	0	For
Mirova US LLC	0	540,578	Against
DSM CAPITAL PARTNERS LLC	410,473	0	For
Dixon Mitchell Investment Counsel Inc.	382,775	0	For
Ninety One North America, Inc.	311,237	0	For
Cornerstone Investment Partners, LLC	293,692	0	For
Erste Asset Management GmbH	287,571	0	For
Empower	282,252	0	For
Swiss Life Asset Management Ltd	255,037	0	For
Advisors' Inner Circle Fund III	252,746	0	For
Formuepleje A/S	233,650	0	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

20. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

98% fund support · no official result

FOR 88%8%

The 35 asset managers below cast 98% of the shares they voted on this item FOR (431,950 for, 10,987 against).

FOR: 431,950 (88.4%)AGAINST: 10,987 (2.2%)ABSTAIN: 40,710 (8.3%)NOT VOTED: 5,000 (1.0%)

Largest asset managers voting on “14A Executive Compensation” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Port Capital LLC	113,867	0	0	For
Wallington Asset Management, LLC	65,786	0	0	For
EAGLE GLOBAL ADVISORS LLC	52,826	0	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	40,710	Abstain
COURIER CAPITAL LLC	33,133	0	0	For
McGowan Group Asset Management, Inc.	24,765	0	0	For
Interval Partners, LP	22,650	0	0	For
K.J. Harrison & Partners Inc	21,158	0	0	For
Blue Edge Capital, LLC	17,452	0	0	For
BUTENSKY & COHEN FINANCIAL SECURITY, INC	17,136	0	0	For
Settian Capital LP	13,728	0	0	For
Cove Private Wealth, LLC	11,432	0	0	For
Baker Avenue Asset Management, LP	11,143	0	0	For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	6,893	0	Against
WILLIAMSBURG INVESTMENT TRUST	0	0	0	Not Voted
Wallace Capital Management Inc.	4,222	0	0	For
NORTHERN LIGHTS FUND TRUST II	4,117	0	0	For
PRENTISS SMITH & CO INC	0	4,094	0	Against
Claret Asset Management Corp	3,699	0	0	For
TEALWOOD ASSET MANAGEMENT INC	3,463	0	0	For
ETF Opportunities Trust	1,911	0	0	For
KTF INVESTMENTS, LLC	1,741	0	0	For
Ultimus Managers Trust	1,498	0	0	For
PEDDOCK CAPITAL ADVISORS, LLC	1,378	0	0	For
REXFORD CAPITAL INC	868	0	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

21. To elect the eleven director nominees named in the proxy statement. Francisco Javier Fern?ndez-Carbajal

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 9 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 23 asset managers below cast 98% of the shares they voted on this item FOR (411,462 for, 9,241 against).

FOR: 411,462 (97.8%)AGAINST: 9,241 (2.2%)ABSTAIN: 11 (0.0%)

Largest asset managers voting on “To elect the eleven director nominees named in the proxy statement. Francisco Javier Fern?ndez-Carbajal” at Visa Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
VALUED ADVISERS TRUST	119,955	0	0	For
First Trust	75,483	0	0	For
Northern Lights Fund Trust IV	35,594	0	0	For
SA FUNDS INVESTMENT TRUST	27,097	0	0	For
PFS FUNDS	22,000	0	0	For
Ultimus Managers Trust	18,149	0	0	For
Dunham Funds	17,066	0	0	For
Crewe Advisors LLC	16,559	0	0	For
UNIFIED SERIES TRUST	9,196	7,101	0	For
HC CAPITAL TRUST	13,251	0	0	For
WISCONSIN CAPITAL FUNDS INC	10,350	0	0	For
NORTHERN LIGHTS FUND TRUST III	9,050	76	11	For
SARATOGA ADVANTAGE TRUST	7,830	0	0	For
SPIRIT OF AMERICA INVESTMENT FUND INC	7,450	0	0	For
James Alpha Funds Trust	6,000	0	0	For
VELA Funds	4,021	0	0	For
Connors Funds	2,935	0	0	For
Zacks Trust	2,911	0	0	For
ARCHER INVESTMENT SERIES TRUST	2,781	0	0	For
Berkeley Capital Partners, LLC	2,200	0	0	For
Exchange Place Advisors Trust	0	2,064	0	Against
Copeland Trust	1,451	0	0	For
Institutional Investment Strategy Fund	133	0	0	For

22. Report on the Return on Investment of the Company's Inclusion Programs

DIVERSITY, EQUITY, AND INCLUSION

Meeting held 2026-01-27; no official results are on file for this meeting.

2% fund support · no official result

AGAINST 98%

The 19 asset managers below cast 2% of the shares they voted on this item FOR (125,384 for, 7,630,977 against).

FOR: 125,384 (1.6%)AGAINST: 7,630,977 (98.4%)

Largest asset managers voting on “Report on the Return on Investment of the Company's Inclusion Programs” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	5,956,465	Against
Dixon Mitchell Investment Counsel Inc.	0	382,775	Against
Erste Asset Management GmbH	0	287,571	Against
Empower	0	282,252	Against
Advisors' Inner Circle Fund III	0	252,746	Against
Transamerica	0	176,500	Against
VALUED ADVISERS TRUST	0	127,455	Against
GuideStone	125,384	0	For
Lincoln Financial	0	64,002	Against
Equitable	0	35,624	Against
CLEARWATER INVESTMENT TRUST	0	27,359	Against
GreenFi Funds Trust	0	17,130	Against
Brighthouse	0	10,039	Against
WORMSER FRERES GESTION	0	4,343	Against
Nationwide	0	3,763	Against
NORTHERN LIGHTS FUND TRUST III	0	1,637	Against
OARSMAN CAPITAL, INC.	0	1,246	Against
Dorsey Wright & Associates	0	60	Against
UNIFIED SERIES TRUST	0	10	Against

23. Amend Certificate of Incorporation to Limit the Liability of Certain Officers

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

19% fund support · no official result

FOR 19%AGAINST 81%

The 18 asset managers below cast 19% of the shares they voted on this item FOR (1,448,120 for, 6,182,857 against).

FOR: 1,448,120 (19.0%)AGAINST: 6,182,857 (81.0%)

Largest asset managers voting on “Amend Certificate of Incorporation to Limit the Liability of Certain Officers” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	5,956,465	Against
Dixon Mitchell Investment Counsel Inc.	382,775	0	For
Erste Asset Management GmbH	287,571	0	For
Empower	271,747	10,505	For
Advisors' Inner Circle Fund III	252,746	0	For
Transamerica	0	176,500	Against
VALUED ADVISERS TRUST	127,455	0	For
Lincoln Financial	64,002	0	For
Equitable	0	35,624	Against
CLEARWATER INVESTMENT TRUST	27,359	0	For
GreenFi Funds Trust	17,130	0	For
Brighthouse	10,039	0	For
WORMSER FRERES GESTION	4,343	0	For
Nationwide	0	3,763	Against
NORTHERN LIGHTS FUND TRUST III	1,637	0	For
OARSMAN CAPITAL, INC.	1,246	0	For
Dorsey Wright & Associates	60	0	For
UNIFIED SERIES TRUST	10	0	For

24. Provide Right to Act by Written Consent

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2026-01-27; no official results are on file for this meeting.

17% fund support · no official result

FOR 17%AGAINST 83%

The 18 asset managers below cast 17% of the shares they voted on this item FOR (1,269,458 for, 6,361,519 against).

FOR: 1,269,458 (16.6%)AGAINST: 6,361,519 (83.4%)

Largest asset managers voting on “Provide Right to Act by Written Consent” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	5,956,465	Against
Dixon Mitchell Investment Counsel Inc.	382,775	0	For
Erste Asset Management GmbH	287,571	0	For
Empower	271,747	10,505	For
Advisors' Inner Circle Fund III	252,746	0	For
Transamerica	0	176,500	Against
VALUED ADVISERS TRUST	7,500	119,955	Against
Lincoln Financial	15,334	48,668	Against
Equitable	0	35,624	Against
CLEARWATER INVESTMENT TRUST	27,359	0	For
GreenFi Funds Trust	17,130	0	For
Brighthouse	0	10,039	Against
WORMSER FRERES GESTION	4,343	0	For
Nationwide	0	3,763	Against
NORTHERN LIGHTS FUND TRUST III	1,637	0	For
OARSMAN CAPITAL, INC.	1,246	0	For
Dorsey Wright & Associates	60	0	For
UNIFIED SERIES TRUST	10	0	For

25. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2026-01-27; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 18 asset managers below cast 99.9% of the shares they voted on this item FOR (7,623,477 for, 7,500 against).

FOR: 7,623,477 (99.9%)AGAINST: 7,500 (0.1%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	5,956,465	0	For
Dixon Mitchell Investment Counsel Inc.	382,775	0	For
Erste Asset Management GmbH	287,571	0	For
Empower	282,252	0	For
Advisors' Inner Circle Fund III	252,746	0	For
Transamerica	176,500	0	For
VALUED ADVISERS TRUST	119,955	7,500	For
Lincoln Financial	64,002	0	For
Equitable	35,624	0	For
CLEARWATER INVESTMENT TRUST	27,359	0	For
GreenFi Funds Trust	17,130	0	For
Brighthouse	10,039	0	For
WORMSER FRERES GESTION	4,343	0	For
Nationwide	3,763	0	For
NORTHERN LIGHTS FUND TRUST III	1,637	0	For
OARSMAN CAPITAL, INC.	1,246	0	For
Dorsey Wright & Associates	60	0	For
UNIFIED SERIES TRUST	10	0	For

26. Report on AI-Driven Online Sexual Exploitation

OTHER SOCIAL ISSUES

Meeting held 2026-01-27; no official results are on file for this meeting.

4% fund support · no official result

AGAINST 96%

The 18 asset managers below cast 4% of the shares they voted on this item FOR (299,414 for, 7,331,563 against).

FOR: 299,414 (3.9%)AGAINST: 7,331,563 (96.1%)

Largest asset managers voting on “Report on AI-Driven Online Sexual Exploitation” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	5,956,465	Against
Dixon Mitchell Investment Counsel Inc.	0	382,775	Against
Erste Asset Management GmbH	287,571	0	For
Empower	0	282,252	Against
Advisors' Inner Circle Fund III	0	252,746	Against
Transamerica	0	176,500	Against
VALUED ADVISERS TRUST	7,500	119,955	Against
Lincoln Financial	0	64,002	Against
Equitable	0	35,624	Against
CLEARWATER INVESTMENT TRUST	0	27,359	Against
GreenFi Funds Trust	0	17,130	Against
Brighthouse	0	10,039	Against
WORMSER FRERES GESTION	4,343	0	For
Nationwide	0	3,763	Against
NORTHERN LIGHTS FUND TRUST III	0	1,637	Against
OARSMAN CAPITAL, INC.	0	1,246	Against
Dorsey Wright & Associates	0	60	Against
UNIFIED SERIES TRUST	0	10	Against

27. Require Independent Board Chair

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

4% fund support · no official result

AGAINST 96%

The 18 asset managers below cast 4% of the shares they voted on this item FOR (316,544 for, 7,314,433 against).

FOR: 316,544 (4.1%)AGAINST: 7,314,433 (95.9%)

Largest asset managers voting on “Require Independent Board Chair” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
JPMorgan	0	5,956,465	Against
Dixon Mitchell Investment Counsel Inc.	0	382,775	Against
Erste Asset Management GmbH	287,571	0	For
Empower	0	282,252	Against
Advisors' Inner Circle Fund III	0	252,746	Against
Transamerica	0	176,500	Against
VALUED ADVISERS TRUST	7,500	119,955	Against
Lincoln Financial	0	64,002	Against
Equitable	0	35,624	Against
CLEARWATER INVESTMENT TRUST	0	27,359	Against
GreenFi Funds Trust	17,130	0	For
Brighthouse	0	10,039	Against
WORMSER FRERES GESTION	4,343	0	For
Nationwide	0	3,763	Against
NORTHERN LIGHTS FUND TRUST III	0	1,637	Against
OARSMAN CAPITAL, INC.	0	1,246	Against
Dorsey Wright & Associates	0	60	Against
UNIFIED SERIES TRUST	0	10	Against

28. To approve, on an advisory basis, the compensation paid to our named executive officers.

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

Meeting held 2025-01-28 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 5 wordings of this item as funds reported it.

92% Passed · of votes cast

FOR 92%8%

FOR: 1,230,798,215AGAINST: 101,983,354

Visa Inc.’s own tally for this item (“Proposal 2: Approval, on an advisory basis, of compensation paid to the Company's named executive officers:”): 1,230,798,215 for, 101,983,354 against — passed, per its Form 8-K (Item 5.07).

The 15 asset managers below cast 63% of the shares they voted on this item FOR (538,125 for, 318,052 against).

FOR 63%AGAINST 37%

FOR: 538,125 (62.9%)AGAINST: 318,052 (37.1%)

Largest asset managers voting on “To approve, on an advisory basis, the compensation paid to our named executive officers.” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
PENSIOENFONDS RAIL & OV	0	284,666	Against
Investment Management Corp of Ontario	224,836	0	For
GLENMEDE FUND INC	133,365	0	For
NORRIS PERNE & FRENCH LLP/MI	126,947	0	For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	42,825	0	For
OSSIAM	0	33,386	Against
Kerrisdale Advisers, LLC	4,700	0	For
CALDWELL & ORKIN FUNDS INC	1,900	0	For
ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC	1,645	0	For
Slow Capital, Inc.	709	0	For
MARATHON CAPITAL MANAGEMENT	566	0	For
Oder Investment Management, LLC	258	0	For
FIRST UNITED BANK & TRUST	244	0	For
Philip James Wealth Mangement, LLC	109	0	For
Hodges Capital Management Inc.	21	0	For

29. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2026-01-27; 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 12 asset managers below cast 100% of the shares they voted on this item FOR (924,333 for, 0 against).

FOR: 924,333 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at Visa Inc., 2025-2026
Asset manager	For	Vote
Cardano Risk Management B.V.	857,742	For
McGowan Group Asset Management, Inc.	24,765	For
Northern Lights Fund Trust IV	16,937	For
AMERICAN BEACON FUNDS	6,940	For
WILLIAMSBURG INVESTMENT TRUST	5,000	For
NORTHERN LIGHTS FUND TRUST II	4,117	For
TEALWOOD ASSET MANAGEMENT INC	3,463	For
ETF Opportunities Trust	1,911	For
Ultimus Managers Trust	1,498	For
MARCO INVESTMENT MANAGEMENT LLC	1,460	For
ESL Trust Services, LLC	261	For
PACE SELECT ADVISORS TRUST	239	For

30. Advisory vote to approve named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 84%ABSTAIN 16%

The 8 asset managers below cast 100% of the shares they voted on this item FOR (58,539 for, 0 against).

FOR: 58,539 (84.2%)ABSTAIN: 10,967 (15.8%)

Largest asset managers voting on “Advisory vote to approve named executive officer compensation” at Visa Inc., 2025-2026
Asset manager	For	Abstain	Vote
EDMOND DE ROTHSCHILD HOLDING S.A.	37,391	0	For
Triad Investment Management	12,151	0	For
Naman Capital Ltda	0	10,200	Abstain
GCQ FUNDS MANAGEMENT PTY Ltd	7,987	0	For
LATHROP INVESTMENT MANAGEMENT CO	0	767	Abstain
Blueprint Investment Partners LLC	544	0	For
Cannon Financial Strategists, Inc.	358	0	For
Orca Wealth Management, LLC	108	0	For

31. Approve Director Liability Insurance

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 8 asset managers below cast 97% of the shares they voted on this item FOR (41,015 for, 1,460 against).

FOR: 41,015 (96.6%)AGAINST: 1,460 (3.4%)

Largest asset managers voting on “Approve Director Liability Insurance” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
McGowan Group Asset Management, Inc.	24,765	0	For
WILLIAMSBURG INVESTMENT TRUST	5,000	0	For
NORTHERN LIGHTS FUND TRUST II	4,117	0	For
TEALWOOD ASSET MANAGEMENT INC	3,463	0	For
ETF Opportunities Trust	1,911	0	For
Ultimus Managers Trust	1,498	0	For
MARCO INVESTMENT MANAGEMENT LLC	0	1,460	Against
ESL Trust Services, LLC	261	0	For

32. S/H Proposal - Corporate Governance

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

25% fund support · no official result

FOR 18%AGAINST 56%NOT VOTED 25%

The 7 asset managers below cast 25% of the shares they voted on this item FOR (3,684 for, 11,250 against).

FOR: 3,684 (18.5%)AGAINST: 11,250 (56.4%)NOT VOTED: 5,000 (25.1%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
WILLIAMSBURG INVESTMENT TRUST	0	0	Not Voted
NORTHERN LIGHTS FUND TRUST II	0	4,117	Against
Members Trust Co	3,684	0	For
TEALWOOD ASSET MANAGEMENT INC	0	3,463	Against
ETF Opportunities Trust	0	1,911	Against
Ultimus Managers Trust	0	1,498	Against
ESL Trust Services, LLC	0	261	Against

33. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-01-27; 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 7 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 Visa Inc., 2025-2026
Asset manager	For	Vote
McGowan Group Asset Management, Inc.	24,765	For
WILLIAMSBURG INVESTMENT TRUST	5,000	For
NORTHERN LIGHTS FUND TRUST II	4,117	For
TEALWOOD ASSET MANAGEMENT INC	3,463	For
ETF Opportunities Trust	1,911	For
Ultimus Managers Trust	1,498	For
ESL Trust Services, LLC	261	For

34. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-01-27; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 7 asset managers below cast 98% of the shares they voted on this item FOR (1,012,214 for, 20,827 against).

FOR: 1,012,214 (98.0%)AGAINST: 20,827 (2.0%)

Largest asset managers voting on “SAY ON PAY” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
Valley Forge Capital Management, LP	916,410	0	For
CAPITAL MANAGEMENT CORP /VA	33,115	0	For
Ramsay, Stattman, Vela & Price, Inc.	26,947	0	For
Genus Capital Management Inc.	0	20,827	Against
Empower	17,882	0	For
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV	16,860	0	For
ArchPoint Investors	1,000	0	For

35. To elect Denise M. Morrison

DIRECTOR ELECTIONS

Meeting held 2026-01-27; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 5 asset managers below cast 99.8% of the shares they voted on this item FOR (884,534 for, 1,224 against).

FOR: 884,534 (99.9%)AGAINST: 1,224 (0.1%)

Largest asset managers voting on “To elect Denise M. Morrison” at Visa Inc., 2025-2026
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	857,742	0	For
Northern Lights Fund Trust IV	15,952	985	For
AMERICAN BEACON FUNDS	6,940	0	For
MUTUAL FUND SERIES TRUST	3,900	0	For
PACE SELECT ADVISORS TRUST	0	239	Against

36. To elect Kermit R. Crawford

DIRECTOR ELECTIONS

Meeting held 2026-01-27; 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 (885,758 for, 0 against).

FOR: 885,758 (100.0%)

Largest asset managers voting on “To elect Kermit R. Crawford” at Visa Inc., 2025-2026
Asset manager	For	Vote
Cardano Risk Management B.V.	857,742	For
Northern Lights Fund Trust IV	16,937	For
AMERICAN BEACON FUNDS	6,940	For
MUTUAL FUND SERIES TRUST	3,900	For
PACE SELECT ADVISORS TRUST	239	For

37. To elect Pamela Murphy

DIRECTOR ELECTIONS

Meeting held 2026-01-27; 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 (885,758 for, 0 against).

FOR: 885,758 (100.0%)

Largest asset managers voting on “To elect Pamela Murphy” at Visa Inc., 2025-2026
Asset manager	For	Vote
Cardano Risk Management B.V.	857,742	For
Northern Lights Fund Trust IV	16,937	For
AMERICAN BEACON FUNDS	6,940	For
MUTUAL FUND SERIES TRUST	3,900	For
PACE SELECT ADVISORS TRUST	239	For

38. To elect Teri L. List

DIRECTOR ELECTIONS

Meeting held 2026-01-27; 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 (885,758 for, 0 against).

FOR: 885,758 (100.0%)

Largest asset managers voting on “To elect Teri L. List” at Visa Inc., 2025-2026
Asset manager	For	Vote
Cardano Risk Management B.V.	857,742	For
Northern Lights Fund Trust IV	16,937	For
AMERICAN BEACON FUNDS	6,940	For
MUTUAL FUND SERIES TRUST	3,900	For
PACE SELECT ADVISORS TRUST	239	For

39. Amendment to Certificate of Incorporation to Limit the Liability of Certain Officers

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 881,858 against).

AGAINST: 881,858 (100.0%)

Largest asset managers voting on “Amendment to Certificate of Incorporation to Limit the Liability of Certain Officers” at Visa Inc., 2025-2026
Asset manager	Against	Vote
Cardano Risk Management B.V.	857,742	Against
Northern Lights Fund Trust IV	16,937	Against
AMERICAN BEACON FUNDS	6,940	Against
PACE SELECT ADVISORS TRUST	239	Against

40. Shareholder Proposal Regarding Independent Chair

CORPORATE GOVERNANCE

Meeting held 2026-01-27; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 881,858 against).

AGAINST: 881,858 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Independent Chair” at Visa Inc., 2025-2026
Asset manager	Against	Vote
Cardano Risk Management B.V.	857,742	Against
Northern Lights Fund Trust IV	16,937	Against
AMERICAN BEACON FUNDS	6,940	Against
PACE SELECT ADVISORS TRUST	239	Against

Showing the 40 reported items with the widest manager coverage, of 72 in total. View every item.

Largest Visa Inc. shareholders voting in 2025-2026

Ranked by the number of Visa Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top Visa Inc. shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	Vanguard	171,746,891
2	BlackRock	108,803,821
3	Fidelity	105,733,756
4	Capital Group	83,871,758
5	T. Rowe Price	69,735,363
6	State Street	46,115,309
7	GEODE CAPITAL MANAGEMENT, LLC	43,432,817
8	TCI Fund Management Ltd	29,148,864
9	Charles Schwab	25,363,933
10	Invesco	18,269,064

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Visa Inc. for the 2025-2026 season, so there is no denominator to divide by.

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. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Visa Inc.'s shareholder meeting held 2026-01-27, in the 2025-2026 proxy season, 1,969 asset managers reported how they voted in their SEC Form N-PX filings, covering 36,357 separate fund positions. Their filings are grouped here into 72 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 — To approve, on an advisory basis, the compensation paid to our named executive officers. — the reporting funds cast 96% 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.

Visa Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).