Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 28, 2025, Ibotta, Inc. (the "Company") held its 2025 annual meeting of shareholders (the "Meeting"). As of the record date for the Meeting, which was established by the Company's Board of Directors to be the close of business on March 31, 2025, there were 26,382,120 shares of the Company's Class A common stock, with a par value of $0.00001 per share (the "Class A common stock"), outstanding (each entitled to one vote per share), and 3,137,424 shares of the Company's Class B common stock, with a par value of $0.00001 per share (the "Class B common stock" and, together with the Class A common stock, the "common stock"), outstanding (each entitled to 20 votes per share). The common stock voted as a single class on all matters. Of the 29,519,544 shares of common stock outstanding as of the record date, 21,126,363 shares were represented at the Meeting or by proxy, together representing a total of 79,027,419 votes, or a majority of the voting power of all issued and outstanding shares of common stock as of the record date, and constituting a quorum under the Company's amended and restated bylaws. The shareholders considered two proposals at the Meeting, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the "SEC") on April 11, 2025. The final number of votes cast for and against and the final number of abstentions and broker non-votes with respect to each proposal voted upon are set forth below.
Proposal 1. The shareholders elected two Class I directors to hold office for a three-year term expiring at the 2028 annual meeting of shareholders and until their respective successors are duly elected and qualified, by the following vote:
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Name
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For
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Against
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Abstain
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Broker Non-Votes
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Amanda Baldwin
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70,997,709
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4,545,610
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80,803
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3,403,297
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Thomas Lehrman
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70,981,860
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4,561,230
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81,032
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3,403,297
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Proposal 2. The shareholders ratified the appointment of KPMG, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, by the following vote:
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For
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Against
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Abstain
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Broker Non-Votes
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78,824,007
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79,259
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124,153
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-
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No other items were presented for shareholder approval at the Meeting.