---
schema_version: "secwatch.filing_event.v1"
accession: "0000060667-23-000115"
form_type: "8-K"
ticker: "LOW"
cik: "0000060667"
company_name: "LOWES COMPANIES INC"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:54:11.961049+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Lowe's shareholders re-elect all 12 directors, approve say-on-pay and auditor, reject independent chairman proposal

## Summary
- All 12 director nominees elected with >416M votes for each; broker non-votes 87.4M.
- Advisory say-on-pay approved with 406.6M for (91.7% of votes cast excluding abstentions/broker non-votes).
- Future say-on-pay frequency set at one year (435.4M votes for one year).
- Ratification of Deloitte as auditor passed with 504.4M for (95.2% of votes cast).
- Shareholder proposal for independent board chairman defeated: 101.3M for vs 323.2M against.

## SEC filing metadata
- accession: 0000060667-23-000115
- form_type: 8-K
- ticker: LOW
- cik: 0000060667
- company_name: LOWES COMPANIES INC
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/low-20230526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060667-23-000115
- JSON: https://secwatch.observer/filing/0000060667-23-000115.json
- Plain text: https://secwatch.observer/filing/0000060667-23-000115.txt

## Key facts
- Shareholder Votes
  LOWES COMPANIES INC shareholders approved Election of Directors at the 2023-05-26 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-26
  source text: Proposal 1: Election of Directors VOTES FOR VOTES WITHHELD BROKER NON-VOTES Raul Alvarez 419,297,947 24,009,012 87,413,479 David H. Batchelder 434,170,832 9,136,127 87,413,479 Scott H. Baxter 437,612,594 5,694,365 87,413,479 Sandra B. Cochran 439,261,146 4,045,813 87,413,479 Laurie Z. Douglas 437,716,141 5,590,818 87,413,479 Richard W. Dreiling 429,704,134 13,602,825 87,413,479 Marvin R. Ellison 416,893,324 26,413,635 87,413,479 Daniel J. Heinrich 436,930,183 6,376,776 87,413,479 Brian C. Rogers 433,178,416 10,128,543 87,413,479 Bertram L. Scott 429,160,525 14,146,434 87,413,479 Colleen Taylor 439,528,442 3,778,517 87,413,479 Mary Beth West 439,644,739 3,662,220 87,413,479
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm
- Shareholder Votes
  LOWES COMPANIES INC shareholders approved Advisory vote on the frequency of future advisory votes to approve the Company’s named executive officer compensation at the 2023-05-26 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-26
  source text: Proposal 3: Advisory vote on the frequency of future advisory votes to approve the Company’s named executive officer compensation ONE YEAR TWO YEARS THREE YEARS ABSTENTIONS BROKER NON-VOTES 435,396,432 1,133,732 5,868,667 908,128 87,413,479
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm
- Shareholder Votes
  LOWES COMPANIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2023 at the 2023-05-26 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-26
  source text: Proposal 4: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2023 VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 504,374,914 25,631,495 714,029 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm
- Shareholder Votes
  LOWES COMPANIES INC shareholders approved Advisory approval of the Company’s named executive officer compensation in fiscal 2022 at the 2023-05-26 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-26
  source text: Proposal 2: Advisory approval of the Company’s named executive officer compensation in fiscal 2022 VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 406,562,749 35,113,614 1,630,596 87,413,479
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm
- Shareholder Votes
  LOWES COMPANIES INC shareholders rejected Shareholder proposal requesting an independent board chairman at the 2023-05-26 meeting.
  - Outcome: failed
  - Meeting: 2023-05-26
  source text: Proposal 5: Shareholder proposal requesting an independent board chairman VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 101,317,834 323,247,149 18,741,976 87,413,479
  evidence_url: https://www.sec.gov/Archives/edgar/data/60667/000006066723000115/0000060667-23-000115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.