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WALT DISNEY CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and WALT DISNEY CO.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

30Reported items
1,663Asset managers
19,824Fund votes
2025-03-20Meeting date

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

Explore WALT DISNEY CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by WALT DISNEY CO.

These tallies are WALT DISNEY CO.’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.

WALT DISNEY CO. — official shareholder meeting results, meeting held 2025-03-20
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Mary T. Barra	1,173,554,159	46,902,767	2,166,807	--	250,362,675	Majority: yes
Elect Director: Amy L. Chang	1,207,387,859	12,228,417	3,007,457	--	250,362,675	Majority: yes
Elect Director: D. Jeremy Darroch	1,210,906,336	9,191,055	2,526,342	--	250,362,675	Majority: yes
Elect Director: Carolyn N. Everson	1,209,731,318	10,558,597	2,333,818	--	250,362,675	Majority: yes
Elect Director: Michael B.G. Froman	1,204,769,448	15,435,739	2,418,546	--	250,362,675	Majority: yes
Elect Director: James P. Gorman	1,210,144,810	10,073,559	2,405,364	--	250,362,675	Majority: yes
Elect Director: Robert A. Iger	1,213,662,424	6,767,376	2,193,933	--	250,362,675	Majority: yes
Elect Director: Maria Elena Lagomasino	1,192,733,853	26,778,946	3,110,934	--	250,362,675	Majority: yes
Elect Director: Calvin R. McDonald	1,208,239,809	11,889,503	2,494,421	--	250,362,675	Majority: yes
Elect Director: Derica W. Rice	1,182,301,425	37,879,341	2,442,967	--	250,362,675	Majority: yes
Elect Director: Advisory vote to approve executive compensation	1,085,080,187	129,915,143	7,628,403	--	250,362,675	Majority: yes
Elect Director: Shareholder proposal requesting a report on climate risks to retirement plan beneficiaries	87,209,412	1,128,514,198	6,900,123	--	250,362,675	Majority: no
Elect Director: Shareholder proposal requesting consideration of participation in the Human Rights Campaign's Corporate Equality Index	18,083,415	1,199,137,353	5,402,965	--	250,362,675	Majority: no
Elect Director: Shareholder proposal requesting a report on risks related to selection of ad buyers and sellers	11,889,785	1,198,659,874	12,074,074	--	250,362,675	Majority: no

Source: WALT DISNEY CO., Form 8-K — read the filing on EDGAR.

How asset managers voted at the WALT DISNEY CO. 2024-2025 meeting

Each item below shows how the 1,663 asset managers that disclosed a WALT DISNEY CO. 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 WALT DISNEY CO.’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. Consideration of an advisory vote to approve executive compensation.

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

Meeting held 2025-03-20.

Combines 35 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 1,085,080,187AGAINST: 129,915,143

WALT DISNEY CO.’s own tally for this item (“Elect Director: Advisory vote to approve executive compensation”): 1,085,080,187 for, 129,915,143 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. Of all 1,900,000,000 outstanding shares: 57% for, 7% against (64% of the company cast a for/against vote).

The 1,549 asset managers below cast 93% of the shares they voted on this item FOR (1,032,908,764 for, 74,896,065 against).

FOR 93%

FOR: 1,032,908,764 (93.2%)AGAINST: 74,896,065 (6.8%)ABSTAIN: 341,857 (0.0%)NOT VOTED: 168,473 (0.0%)A: 376 (0.0%)0: 358 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Consideration of an advisory vote to approve executive compensation.” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	168,027,841	0	For
BlackRock	100,801,921	8,651	For
Fidelity	82,671,564	114,400	For
State Street	56,151,459	622,464	For
GEODE CAPITAL MANAGEMENT, LLC	38,687,358	0	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	28,822,518	0	For
Capital Group	21,936,568	0	For
Charles Schwab	21,429,615	0	For
Invesco	20,202,457	0	For
Northern Trust	20,040,707	98,961	For
T. Rowe Price	17,792,961	20,000	For
JENNISON ASSOCIATES LLC	17,704,117	0	For
Loomis Sayles	15,094,911	420,537	For
Nuveen	15,196,876	5,261	For
TIAA	12,912,599	0	For
Legal & General Investment Management America Inc	0	12,280,696	Against
UBS	10,209,265	127,635	For
Columbia Threadneedle	9,334,290	579,033	For
Amundi	0	9,235,273	Against
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	8,891,716	0	For
MELLON INVESTMENTS Corp	8,269,645	0	For
Wellington	7,757,220	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	7,472,648	206,611	For
AllianceBernstein	7,648,109	0	For
Prudential/PGIM	7,294,714	0	For

Showing the 25 largest of 1,549 asset managers. See all 1,549 in the interactive database.

2. Shareholder proposal, if properly presented at the meeting, requesting consideration of participation in the Human Rights Campaign's Corporate Equality Index.

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2025-03-20.

Combines 15 wordings of this item as funds reported it.

1% Majority: no · of votes cast

AGAINST 99%

FOR: 18,083,415AGAINST: 1,199,137,353

WALT DISNEY CO.’s own tally for this item (“Elect Director: Shareholder proposal requesting consideration of participation in the Human Rights Campaign's Corporate Equality Index”): 18,083,415 for, 1,199,137,353 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,900,000,000 outstanding shares: 1.0% for, 63% against (64% of the company cast a for/against vote).

The 241 asset managers below cast 0.7% of the shares they voted on this item FOR (2,942,186 for, 423,264,669 against).

AGAINST 99.0%

FOR: 2,942,186 (0.7%)AGAINST: 423,264,669 (99.1%)ABSTAIN: 1,008,205 (0.2%)NOT VOTED: 25,258 (0.0%)UNKNOWN: 829 (0.0%)

Largest asset managers voting on “Shareholder proposal, if properly presented at the meeting, requesting consideration of participation in the H” at WALT DISNEY CO., 2024-2025
Asset manager	Against	Vote
Vanguard	157,125,406	Against
Fidelity	56,638,098	Against
BlackRock	40,625,409	Against
State Street	13,744,112	Against
TIAA	12,832,838	Against
Capital Group	10,882,236	Against
Charles Schwab	10,621,503	Against
Columbia Threadneedle	9,321,912	Against
Invesco	9,301,574	Against
Dimensional	5,783,612	Against
Prudential/PGIM	5,267,661	Against
T. Rowe Price	4,936,049	Against
HARBOR FUNDS	4,414,911	Against
VanEck ETF Trust	3,848,513	Against
John Hancock	3,739,186	Against
Loomis Sayles	3,686,229	Against
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	Against
Hartford	3,566,446	Against
Victory Capital	3,160,243	Against
MASTER INVESTMENT PORTFOLIO	2,821,298	Against
Advisers Investment Trust	2,638,035	Against
FIRST EAGLE FUNDS	2,594,129	Against
JANUS INVESTMENT FUND	2,569,944	Against
CITY NATIONAL ROCHDALE FUNDS	2,488,299	Against
JPMorgan	2,406,326	Against

Showing the 25 largest of 241 asset managers. See all 241 in the interactive database.

3. Shareholder proposal, if properly presented at the meeting, requesting a report on climate risks to retirement plan beneficiaries.

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2025-03-20.

Combines 12 wordings of this item as funds reported it.

7% Majority: no · of votes cast

7%AGAINST 93%

FOR: 87,209,412AGAINST: 1,128,514,198

WALT DISNEY CO.’s own tally for this item (“Elect Director: Shareholder proposal requesting a report on climate risks to retirement plan beneficiaries”): 87,209,412 for, 1,128,514,198 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,900,000,000 outstanding shares: 5% for, 59% against (64% of the company cast a for/against vote).

The 235 asset managers below cast 0.9% of the shares they voted on this item FOR (3,475,794 for, 422,172,386 against).

AGAINST 99%

FOR: 3,475,794 (0.8%)AGAINST: 422,172,386 (98.9%)ABSTAIN: 1,008,316 (0.2%)NOT VOTED: 10,000 (0.0%)UNKNOWN: 700 (0.0%)

Largest asset managers voting on “Shareholder proposal, if properly presented at the meeting, requesting a report on climate risks to retirement” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	0	157,125,406	Against
Fidelity	0	56,638,098	Against
BlackRock	24,924	40,600,485	Against
State Street	2,769	13,741,343	Against
TIAA	0	12,832,838	Against
Capital Group	0	10,882,236	Against
Charles Schwab	0	10,621,503	Against
Columbia Threadneedle	0	9,321,912	Against
Invesco	0	9,301,574	Against
Dimensional	250,129	5,533,483	Against
Prudential/PGIM	0	5,267,661	Against
T. Rowe Price	0	4,936,049	Against
HARBOR FUNDS	0	4,414,911	Against
VanEck ETF Trust	0	3,848,513	Against
John Hancock	22,677	3,716,509	Against
Loomis Sayles	0	3,686,229	Against
FRANKLIN MUTUAL SERIES FUNDS	0	3,629,281	Against
Hartford	0	3,566,446	Against
Victory Capital	0	3,160,243	Against
MASTER INVESTMENT PORTFOLIO	0	2,821,298	Against
Advisers Investment Trust	0	2,638,035	Against
FIRST EAGLE FUNDS	0	2,594,129	Against
JANUS INVESTMENT FUND	0	2,569,944	Against
CITY NATIONAL ROCHDALE FUNDS	0	2,488,299	Against
JPMorgan	128	2,406,198	Against

Showing the 25 largest of 235 asset managers. See all 235 in the interactive database.

4. Election of Directors: Mary T. Barra

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 9 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 1,173,554,159AGAINST: 46,902,767

WALT DISNEY CO.’s own tally for this item (“Elect Director: Mary T. Barra”): 1,173,554,159 for, 46,902,767 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. Of all 1,900,000,000 outstanding shares: 62% for, 2% against (64% of the company cast a for/against vote).

The 234 asset managers below cast 99.9% of the shares they voted on this item FOR (426,734,887 for, 176,399 against).

FOR 99.9%

FOR: 426,734,887 (99.9%)AGAINST: 176,399 (0.0%)ABSTAIN: 81,017 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Mary T. Barra” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 234 asset managers. See all 234 in the interactive database.

5. Election of Directors: Amy L. Chang

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 8 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 1,207,387,859AGAINST: 12,228,417

WALT DISNEY CO.’s own tally for this item (“Elect Director: Amy L. Chang”): 1,207,387,859 for, 12,228,417 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.7% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,664,354 for, 240,692 against).

FOR 99.9%

FOR: 426,664,354 (99.9%)AGAINST: 240,692 (0.1%)ABSTAIN: 81,080 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Amy L. Chang” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

6. Election of Directors: D. Jeremy Darroch

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 9 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 1,210,906,336AGAINST: 9,191,055

WALT DISNEY CO.’s own tally for this item (“Elect Director: D. Jeremy Darroch”): 1,210,906,336 for, 9,191,055 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.5% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,873,019 for, 4,313 against).

FOR 99.9%

FOR: 426,873,019 (100.0%)AGAINST: 4,313 (0.0%)ABSTAIN: 114,957 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: D. Jeremy Darroch” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

7. Election of Directors: Carolyn N. Everson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 10 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 1,209,731,318AGAINST: 10,558,597

WALT DISNEY CO.’s own tally for this item (“Elect Director: Carolyn N. Everson”): 1,209,731,318 for, 10,558,597 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.6% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,764,501 for, 146,760 against).

FOR 99.9%

FOR: 426,764,501 (99.9%)AGAINST: 146,760 (0.0%)ABSTAIN: 81,028 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Carolyn N. Everson” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

8. Election of Directors: Michael B.G. Froman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 10 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 1,204,769,448AGAINST: 15,435,739

WALT DISNEY CO.’s own tally for this item (“Elect Director: Michael B.G. Froman”): 1,204,769,448 for, 15,435,739 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. Of all 1,900,000,000 outstanding shares: 63% for, 0.9% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.8% of the shares they voted on this item FOR (426,433,601 for, 477,655 against).

FOR 99.8%

FOR: 426,433,601 (99.9%)AGAINST: 477,655 (0.1%)ABSTAIN: 81,033 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Michael B.G. Froman” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

9. Election of Directors: James P. Gorman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 10 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 1,210,144,810AGAINST: 10,073,559

WALT DISNEY CO.’s own tally for this item (“Elect Director: James P. Gorman”): 1,210,144,810 for, 10,073,559 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.6% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,795,580 for, 81,761 against).

FOR 99.9%

FOR: 426,795,580 (100.0%)AGAINST: 81,761 (0.0%)ABSTAIN: 114,949 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: James P. Gorman” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

10. Election of Directors: Robert A. Iger

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,213,662,424AGAINST: 6,767,376

WALT DISNEY CO.’s own tally for this item (“Elect Director: Robert A. Iger”): 1,213,662,424 for, 6,767,376 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.4% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,867,065 for, 38,041 against).

FOR 99.9%

FOR: 426,867,065 (100.0%)AGAINST: 38,041 (0.0%)ABSTAIN: 81,020 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Robert A. Iger” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

11. Election of Directors: Maria Elena Lagomasino

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 8 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 1,192,733,853AGAINST: 26,778,946

WALT DISNEY CO.’s own tally for this item (“Elect Director: Maria Elena Lagomasino”): 1,192,733,853 for, 26,778,946 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. Of all 1,900,000,000 outstanding shares: 63% for, 1% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.8% of the shares they voted on this item FOR (426,297,850 for, 594,056 against).

FOR 99.8%

FOR: 426,297,850 (99.8%)AGAINST: 594,056 (0.1%)ABSTAIN: 81,083 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Maria Elena Lagomasino” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

12. Election of Directors: Calvin R. McDonald

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 11 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%

FOR: 1,208,239,809AGAINST: 11,889,503

WALT DISNEY CO.’s own tally for this item (“Elect Director: Calvin R. McDonald”): 1,208,239,809 for, 11,889,503 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. Of all 1,900,000,000 outstanding shares: 64% for, 0.7% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.9% of the shares they voted on this item FOR (426,853,520 for, 4,514 against).

FOR 99.9%

FOR: 426,853,520 (100.0%)AGAINST: 4,514 (0.0%)ABSTAIN: 114,955 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Calvin R. McDonald” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

13. Election of Directors: Derica W. Rice

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 1,182,301,425AGAINST: 37,879,341

WALT DISNEY CO.’s own tally for this item (“Elect Director: Derica W. Rice”): 1,182,301,425 for, 37,879,341 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. Of all 1,900,000,000 outstanding shares: 62% for, 2% against (64% of the company cast a for/against vote).

The 233 asset managers below cast 99.8% of the shares they voted on this item FOR (426,058,785 for, 793,089 against).

FOR 99.7%

FOR: 426,058,785 (99.8%)AGAINST: 793,089 (0.2%)ABSTAIN: 114,952 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Election of Directors: Derica W. Rice” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Vanguard	157,125,406	For
Fidelity	56,638,098	For
BlackRock	40,625,409	For
State Street	13,744,112	For
TIAA	12,832,838	For
Capital Group	10,882,236	For
Charles Schwab	10,621,503	For
Columbia Threadneedle	9,321,912	For
Invesco	9,301,574	For
Dimensional	5,783,612	For
Prudential/PGIM	5,267,661	For
T. Rowe Price	4,936,049	For
HARBOR FUNDS	4,414,911	For
VanEck ETF Trust	3,848,513	For
John Hancock	3,739,186	For
Loomis Sayles	3,686,229	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	For
Hartford	3,566,446	For
Victory Capital	3,160,243	For
MASTER INVESTMENT PORTFOLIO	2,821,298	For
Advisers Investment Trust	2,638,035	For
FIRST EAGLE FUNDS	2,594,129	For
JANUS INVESTMENT FUND	2,569,944	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	For
JPMorgan	2,406,326	For

Showing the 25 largest of 233 asset managers. See all 233 in the interactive database.

14. Shareholder proposal, if properly presented at the meeting, requesting a report on risks related to selection of ad buyers and sellers.

OTHER SOCIAL ISSUESMajority of the votes cast: no

Meeting held 2025-03-20.

Combines 11 wordings of this item as funds reported it.

1.0% Majority: no · of votes cast

AGAINST 99.0%

FOR: 11,889,785AGAINST: 1,198,659,874

WALT DISNEY CO.’s own tally for this item (“Elect Director: Shareholder proposal requesting a report on risks related to selection of ad buyers and sellers”): 11,889,785 for, 1,198,659,874 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,900,000,000 outstanding shares: 0.7% for, 63% against (64% of the company cast a for/against vote).

The 226 asset managers below cast 0.1% of the shares they voted on this item FOR (132,426 for, 424,552,896 against).

AGAINST 99.7%

FOR: 132,426 (0.0%)AGAINST: 424,552,896 (99.7%)ABSTAIN: 1,042,625 (0.2%)NOT VOTED: 10,000 (0.0%)UNKNOWN: 129 (0.0%)

Largest asset managers voting on “Shareholder proposal, if properly presented at the meeting, requesting a report on risks related to selection ” at WALT DISNEY CO., 2024-2025
Asset manager	Against	Vote
Vanguard	157,125,406	Against
Fidelity	56,638,098	Against
BlackRock	40,625,409	Against
State Street	13,744,112	Against
TIAA	12,832,838	Against
Capital Group	10,882,236	Against
Charles Schwab	10,621,503	Against
Columbia Threadneedle	9,321,912	Against
Invesco	9,301,574	Against
Dimensional	5,783,612	Against
Prudential/PGIM	5,267,661	Against
T. Rowe Price	4,936,049	Against
HARBOR FUNDS	4,414,911	Against
VanEck ETF Trust	3,848,513	Against
John Hancock	3,739,186	Against
Loomis Sayles	3,686,229	Against
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	Against
Hartford	3,566,446	Against
Victory Capital	3,160,243	Against
MASTER INVESTMENT PORTFOLIO	2,821,298	Against
Advisers Investment Trust	2,638,035	Against
FIRST EAGLE FUNDS	2,594,129	Against
JANUS INVESTMENT FUND	2,569,944	Against
CITY NATIONAL ROCHDALE FUNDS	2,488,299	Against
JPMorgan	2,406,326	Against

Showing the 25 largest of 226 asset managers. See all 226 in the interactive database.

15. Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accountants for fiscal 2025.

AUDIT-RELATED

Meeting held 2025-03-20.

Combines 6 wordings of this item as funds reported it.

99.2% fund support · no official result

FOR 99.2%

The 221 asset managers below cast 99.2% of the shares they voted on this item FOR (422,109,746 for, 2,988,336 against).

FOR: 422,109,746 (99.3%)AGAINST: 2,988,336 (0.7%)ABSTAIN: 80,995 (0.0%)UNKNOWN: 700 (0.0%)

Largest asset managers voting on “Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public a” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	156,880,428	244,978	For
Fidelity	56,638,098	0	For
BlackRock	40,625,409	0	For
State Street	13,743,765	347	For
TIAA	12,832,838	0	For
Capital Group	10,882,236	0	For
Charles Schwab	10,621,503	0	For
Columbia Threadneedle	9,321,912	0	For
Invesco	9,301,574	0	For
Dimensional	5,783,612	0	For
Prudential/PGIM	5,267,661	0	For
T. Rowe Price	4,936,049	0	For
HARBOR FUNDS	4,414,911	0	For
VanEck ETF Trust	3,848,513	0	For
John Hancock	3,739,186	0	For
Loomis Sayles	3,686,229	0	For
FRANKLIN MUTUAL SERIES FUNDS	3,629,281	0	For
Hartford	3,565,178	1,268	For
Victory Capital	3,160,243	0	For
MASTER INVESTMENT PORTFOLIO	2,821,298	0	For
Advisers Investment Trust	2,638,035	0	For
FIRST EAGLE FUNDS	2,594,129	0	For
JANUS INVESTMENT FUND	2,569,944	0	For
CITY NATIONAL ROCHDALE FUNDS	2,488,299	0	For
JPMorgan	2,406,326	0	For

Showing the 25 largest of 221 asset managers. See all 221 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATIONMajority of the votes cast: yes

Meeting held 2025-03-20.

Combines 2 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 1,085,080,187AGAINST: 129,915,143

The 66 asset managers below cast 67% of the shares they voted on this item FOR (27,718,129 for, 13,580,276 against).

FOR 67%AGAINST 33%

FOR: 27,718,129 (67.1%)AGAINST: 13,580,276 (32.9%)ABSTAIN: 90 (0.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	20,121,208	0	For
APG Asset Management US Inc.	0	5,186,906	Against
Union Investment Privatfonds GmbH	0	5,085,426	Against
ADAGE CAPITAL PARTNERS GP, L.L.C.	1,934,125	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	1,486,903	Against
STOREBRAND ASSET MANAGEMENT AS	1,125,600	0	For
TD ASSET MANAGEMENT INC	763,004	0	For
Cardano Risk Management B.V.	0	556,736	Against
Desjardins Global Asset Management Inc.	0	535,024	Against
Oldfield Partners LLP	525,700	0	For
FAYEZ SAROFIM & CO	474,071	0	For
GuideStone	377,041	0	For
TD Waterhouse Canada Inc.	375,394	0	For
KADENSA CAPITAL Ltd	310,000	0	For
Dundas Partners LLP	252,703	0	For
GROUPAMA ASSET MANAGMENT	0	248,654	Against
Erste Asset Management GmbH	245,559	0	For
Empower	0	241,933	Against
Swiss Life Asset Management Ltd	215,181	0	For
Wesleyan Assurance Society	192,862	0	For
Brighthouse	179,082	0	For
BEACON INVESTMENT ADVISORY SERVICES, INC.	97,135	0	For
Union Investment Institutional GmbH	0	93,236	Against
Close Asset Management Ltd	89,784	0	For
WealthBridge Investment Counsel Inc.	66,596	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

17. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2025-03-20.

Combines 3 wordings of this item as funds reported it.

79% fund support · no official result

FOR 79%AGAINST 21%

The 15 asset managers below cast 79% of the shares they voted on this item FOR (942,274 for, 249,133 against).

FOR: 942,274 (79.1%)AGAINST: 249,133 (20.9%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
GuideStone	377,041	0	For
Erste Asset Management GmbH	245,559	0	For
Empower	0	241,933	Against
Brighthouse	179,082	0	For
Ultimus Managers Trust	28,700	0	For
HC CAPITAL TRUST	28,569	0	For
CLEARWATER INVESTMENT TRUST	24,518	0	For
Lincoln Financial	24,050	0	For
GreenFi Funds Trust	13,781	0	For
Northern Lights Variable Trust	11,517	0	For
VALUED ADVISERS TRUST	0	7,200	Against
Northern Lights Fund Trust	7,106	0	For
REDMONT WEALTH ADVISORS LLC	2,284	0	For
Ballew Advisors, Inc	67	0	For
OARSMAN CAPITAL, INC.	0	0	--

18. Report on Risks of Discriminating Based on Religious and Political Views

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE

Meeting held 2025-03-20.

32% fund support · no official result

FOR 32%AGAINST 68%

The 13 asset managers below cast 32% of the shares they voted on this item FOR (377,041 for, 785,599 against).

FOR: 377,041 (32.4%)AGAINST: 785,599 (67.6%)

Largest asset managers voting on “Report on Risks of Discriminating Based on Religious and Political Views” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
GuideStone	377,041	0	For
Erste Asset Management GmbH	0	245,559	Against
Empower	0	241,933	Against
Brighthouse	0	179,082	Against
HC CAPITAL TRUST	0	28,569	Against
CLEARWATER INVESTMENT TRUST	0	24,518	Against
Lincoln Financial	0	24,050	Against
GreenFi Funds Trust	0	13,781	Against
Northern Lights Variable Trust	0	11,517	Against
VALUED ADVISERS TRUST	0	7,200	Against
Northern Lights Fund Trust	0	7,106	Against
REDMONT WEALTH ADVISORS LLC	0	2,284	Against
OARSMAN CAPITAL, INC.	0	0	--

19. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2025-03-20.

Combines 2 wordings of this item as funds reported it.

12% fund support · no official result

12%AGAINST 88%

The 9 asset managers below cast 12% of the shares they voted on this item FOR (73,175 for, 556,736 against).

FOR: 73,175 (11.6%)AGAINST: 556,736 (88.4%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	0	556,736	Against
MARCO INVESTMENT MANAGEMENT LLC	55,961	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	15,258	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	611	0	For
Northern Lights Fund Trust IV	533	0	For
ESL Trust Services, LLC	305	0	For
PACE SELECT ADVISORS TRUST	182	0	For
Williamson Legacy Group, LLC	169	0	For
Virtus	156	0	For

20. Consideration of an advisory vote to approve the Company's executive compensation.

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

Meeting held 2024-04-03 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 4 wordings of this item as funds reported it.

80% Majority: yes · of votes cast

FOR 80%AGAINST 20%

FOR: 936,125,990AGAINST: 238,017,908

WALT DISNEY CO.’s own tally for this item (“Elect Director: Advisory vote to approve executive compensation”): 936,125,990 for, 238,017,908 against, per its Form 8-K filed 2024-04-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,900,000,000 outstanding shares: 49.3% for, 13% against (62% of the company cast a for/against vote).

The 9 asset managers below cast 100% of the shares they voted on this item FOR (330,169 for, 0 against).

FOR 100%

FOR: 330,169 (100.0%)

Largest asset managers voting on “Consideration of an advisory vote to approve the Company's executive compensation.” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
VAUGHAN DAVID INVESTMENTS LLC/IL	280,542	For
Knuff & Co LLC	23,857	For
COLDSTREAM CAPITAL MANAGEMENT INC	16,521	For
Sky Investment Group LLC	6,864	For
DIVIDEND ASSETS CAPITAL, LLC	1,425	For
Americana Partners, LLC	960	For
Echo45 Advisors LLC	0	--
Seascape Capital Management	0	--
Synergy Investment Management, LLC	0	--

21. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-03-20.

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 WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	152,580	For
VOISARD ASSET MANAGEMENT GROUP, INC.	611	For
ESL Trust Services, LLC	305	For
Williamson Legacy Group, LLC	169	For

22. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-03-20.

16% fund support · no official result

NOT VOTED 93%

The 4 asset managers below cast 16% of the shares they voted on this item FOR (169 for, 916 against).

FOR: 169 (1.0%)AGAINST: 916 (5.6%)NOT VOTED: 15,258 (93.4%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	Not Voted
VOISARD ASSET MANAGEMENT GROUP, INC.	0	611	Against
ESL Trust Services, LLC	0	305	Against
Williamson Legacy Group, LLC	169	0	For

23. S/H Proposal - Environmental

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-03-20.

16% fund support · no official result

NOT VOTED 93%

The 4 asset managers below cast 16% of the shares they voted on this item FOR (169 for, 916 against).

FOR: 169 (1.0%)AGAINST: 916 (5.6%)NOT VOTED: 15,258 (93.4%)

Largest asset managers voting on “S/H Proposal - Environmental” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	Not Voted
VOISARD ASSET MANAGEMENT GROUP, INC.	0	611	Against
ESL Trust Services, LLC	0	305	Against
Williamson Legacy Group, LLC	169	0	For

24. Shareholder Proposal Regarding Report on Portfolio Risk in Employee Retirement Options

ENVIRONMENT OR CLIMATEMajority of the votes cast: no

Meeting held 2025-03-20.

7% Majority: no · of votes cast

7%AGAINST 93%

FOR: 87,209,412AGAINST: 1,128,514,198

The 4 asset managers below cast 99.8% of the shares they voted on this item FOR (556,736 for, 871 against).

FOR 99.8%

FOR: 556,736 (99.8%)AGAINST: 871 (0.2%)

Largest asset managers voting on “Shareholder Proposal Regarding Report on Portfolio Risk in Employee Retirement Options” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Vote
Cardano Risk Management B.V.	556,736	0	For
Northern Lights Fund Trust IV	0	533	Against
PACE SELECT ADVISORS TRUST	0	182	Against
Virtus	0	156	Against

25. Shareholder Proposal Regarding Report on Risk from Discriminatory Ad Policies

OTHER SOCIAL ISSUES

Meeting held 2025-03-20.

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, 557,607 against).

AGAINST: 557,607 (100.0%)

Largest asset managers voting on “Shareholder Proposal Regarding Report on Risk from Discriminatory Ad Policies” at WALT DISNEY CO., 2024-2025
Asset manager	Against	Vote
Cardano Risk Management B.V.	556,736	Against
Northern Lights Fund Trust IV	533	Against
PACE SELECT ADVISORS TRUST	182	Against
Virtus	156	Against

26. SECTION 14A SAY-ON-PAY VOTES

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

Meeting held 2025-03-20.

Combines 2 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 1,085,080,187AGAINST: 129,915,143

The 3 asset managers below cast 100% of the shares they voted on this item FOR (11,897 for, 0 against).

FOR 100%

FOR: 11,897 (100.0%)

Largest asset managers voting on “SECTION 14A SAY-ON-PAY VOTES” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Lido Advisors, LLC	11,603	For
SWEENEY & MICHEL, LLC	293	For
Pinnacle Family Advisors, LLC	1	For

27. COMPENSATION

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

Meeting held 2025-03-20.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 1,085,080,187AGAINST: 129,915,143

The 3 asset managers below cast 100% of the shares they voted on this item FOR (12,271 for, 0 against).

FOR 100%

FOR: 12,271 (100.0%)

Largest asset managers voting on “COMPENSATION” at WALT DISNEY CO., 2024-2025
Asset manager	For	Vote
Capital Group	10,210	For
Members Trust Co	1,923	For
Blue Sky Capital Consultants Group, Inc.	138	For

28. Consideration of an advisory vote to approve executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2025-03-05; no official results on file for that date.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,891 for, 0 against).

FOR: 1,891 (100.0%)

Largest asset managers voting on “Consideration of an advisory vote to approve executive compensation.” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Iron Gate Global Advisors LLC	1,234	0	0	0	For
GoalVest Advisory LLC	657	0	0	0	For

29. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-03-20.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,990 for, 0 against).

FOR: 1,990 (100.0%)

Largest asset managers voting on “Director Elections” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	1,923	0	0	0	For
Ballew Advisors, Inc	67	0	0	0	For

30. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-03-20.

99.1% fund support · no official result

FOR 99%

The 2 asset managers below cast 99.1% of the shares they voted on this item FOR (14,418,970 for, 128,564 against).

FOR: 14,418,970 (98.9%)AGAINST: 128,564 (0.9%)ABSTAIN: 36,472 (0.3%)

Largest asset managers voting on “Executive Salary” at WALT DISNEY CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Newport Trust Company, LLC	14,367,541	128,564	36,472	0	For
Bell & Brown Wealth Advisors, LLC	51,429	0	0	0	For

Largest WALT DISNEY CO. shareholders voting in 2024-2025

Ranked by the number of WALT DISNEY CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 1,900,000,000 shares outstanding at the time of that meeting.

Top WALT DISNEY CO. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	8.84%
2	BlackRock	5.31%
3	Fidelity	4.36%
4	State Street	2.99%
5	GEODE CAPITAL MANAGEMENT, LLC	2.04%
6	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	1.52%
7	Capital Group	1.15%
8	Charles Schwab	1.13%
9	Invesco	1.06%
10	Northern Trust	1.06%

Reported WALT DISNEY CO. ownership

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

WALT DISNEY CO. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Walt Disney Co	49.89%	13D
Vanguard Group	8.20%	13F
BlackRock	6.92%	13F
State Street	4.16%	13F
Morgan Stanley	2.19%	13F
JPMorgan Chase	1.82%	13F
FMR (Fidelity)	1.37%	13F
Northern Trust	1.16%	13F
Norges Bank	1.05%	13F
BNY Mellon	0.94%	13F

Percentages above are of 1,900,000,000 shares outstanding, as reported by WALT DISNEY CO. on its Form 10-Q dated 2024-12-28 (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 WALT DISNEY CO.’s 10-Q dated 2024-12-28. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At WALT DISNEY CO.'s shareholder meeting held 2025-03-20, in the 2024-2025 proxy season, 1,663 asset managers reported how they voted in their SEC Form N-PX filings, covering 19,824 separate fund positions. Their filings are grouped here into 30 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Consideration of an advisory vote to approve executive compensation. — FOR was 89% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: WALT DISNEY CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

WALT DISNEY CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.