--- schema_version: "secwatch.filing_event.v1" accession: "0000909832-23-000007" form_type: "8-K" ticker: "COST" cik: "0000909832" company_name: "COSTCO WHOLESALE CORP /NEW" filed_at: "2023-01-25T23:59:59+00:00" generated_at: "2026-06-20T10:16:25.956938+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.3 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # Costco annual meeting: all director nominees elected; shareholder proposal on reproductive rights fails ## Summary - All 11 director nominees elected; Charles T. Munger received highest against votes (~38.1M). - KPMG ratified as auditor for FY2023: 336.9M for, 13.4M against. - Say-on-pay approved on advisory basis: 277.2M for, 13.3M against. - Board will hold annual advisory votes on exec compensation until next required frequency vote. - Shareholder proposal on reproductive rights risks failed: 37.1M for, 242.2M against. ## SEC filing metadata - accession: 0000909832-23-000007 - form_type: 8-K - ticker: COST - cik: 0000909832 - company_name: COSTCO WHOLESALE CORP /NEW - filed_at: 2023-01-25T23:59:59+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/909832/000090983223000007/0000909832-23-000007-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/cost-20230119.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000909832-23-000007 - JSON: https://secwatch.observer/filing/0000909832-23-000007.json - Plain text: https://secwatch.observer/filing/0000909832-23-000007.txt ## Key facts - Shareholder Votes COSTCO WHOLESALE CORP /NEW shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-01-19 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-01-19 source text: Advisory Vote on frequency of future advisory votes on Executive Compensation: 1 Year 2 Years 3 Years Abstain 286,446,070 635,158 3,549,363 763,347 evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/0000909832-23-000007-index.htm - Shareholder Votes COSTCO WHOLESALE CORP /NEW shareholders approved Election of each of the directors nominated by the Board of Directors to hold office until the 2024 Annual Meeting of Shareholders and until their successors are elected and qualified at the 2023-01-19 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-01-19 source text: Election of Directors Nominees For Against Abstain Broker Non-Votes Susan L. Decker 264,621,277 26,385,523 387,138 59,335,732 Kenneth D. Denman 274,661,110 16,234,392 498,436 59,335,732 Richard A. Galanti 267,184,808 23,796,509 412,621 59,335,732 Hamilton E. James 274,683,105 15,957,152 753,681 59,335,732 W. Craig Jelinek 286,944,505 4,042,374 407,059 59,335,732 Sally Jewell 289,126,577 1,807,594 459,767 59,335,732 Charles T. Munger 252,856,010 38,056,621 481,307 59,335,732 Jeffrey S. Raikes 236,119,403 54,766,835 507,700 59,335,732 John W. Stanton 287,321,118 3,637,774 435,046 59,335,732 Ron M. Vachris 281,133,040 9,827,889 433,009 59,335,732 Maggie Wilderotter 268,076,245 22,825,090 492,603 59,335,732 evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/0000909832-23-000007-index.htm - Shareholder Votes COSTCO WHOLESALE CORP /NEW shareholders approved Advisory approval of the compensation of the Company's executive officers for fiscal year 2022 at the 2023-01-19 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-01-19 source text: Advisory Vote on Executive Compensation: For Against Abstain Broker Non-Votes 277,181,009 13,280,793 932,136 59,335,732 evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/0000909832-23-000007-index.htm - Shareholder Votes COSTCO WHOLESALE CORP /NEW shareholders approved Ratification of the selection of KPMG LLP as the Company's independent auditors for fiscal year 2023 at the 2023-01-19 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-01-19 source text: Ratification of the Selection of Auditors: For Against Abstain 336,868,716 13,384,009 476,945 evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/0000909832-23-000007-index.htm - Shareholder Votes COSTCO WHOLESALE CORP /NEW shareholders rejected Shareholder proposal regarding a report on the risks of state policies restricting reproductive rights at the 2023-01-19 meeting. - Outcome: failed - Meeting: 2023-01-19 source text: Shareholder proposal regarding a report on the risks of state policies restricting reproductive rights: For Against Abstain Broker Non-Votes 37,147,295 242,150,184 12,096,459 59,335,732 evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983223000007/0000909832-23-000007-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.