Item 5.07. Submission of Matters to a Vote of the Security Holders
On June 5, 2025, TPG Inc. (the "Company") held its 2025 annual meeting of stockholders (the "2025 Annual Meeting"). The Company's stockholders considered three items of business, each of which is described in more detail in the Company's Definitive Proxy Statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 23, 2025.
On April 8, 2025, the record date, there were (i) 116,946,288 shares of Class A common stock, par value $0.001 (the "Class A Shares"), and (ii) 245,970,148 shares of Class B common stock, par value $0.001 (the "Class B Shares"), outstanding and entitled to vote. Each Class A Share was entitled to one vote per share. The number of votes per Class B Share, which until the Sunset (as defined in the Company's restated certificate of incorporation (the "Restated Certificate of Incorporation")) is ten votes per share, was reduced to eight votes per share as a result of the operation of Article 4.2(a) of the Company's Restated Certificate of Incorporation, which stipulates that "Free Float" (as defined under the rules of the FTSE Russell relating to the Russell indices) Class A Shares are entitled to at least 5.1% of the aggregate voting power. The matters voted on and the results of the votes cast by holders of the Class A Shares and Class B Shares, voting together, are set forth below.
Item 1. Election of Directors
The nominees listed below were elected to serve on the Board of Directors, in each case for a one-year term expiring at the annual meeting of stockholders to be held in 2026.
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FOR
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WITHHOLD
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BROKER NON-VOTES
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Gunther Bright
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2,037,744,377
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15,572,481
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9,739,756
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James Coulter
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2,038,543,984
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14,772,874
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9,739,756
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Mary Cranston
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2,029,674,838
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23,642,020
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9,739,756
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Kelvin Davis
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2,032,727,616
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20,589,242
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9,739,756
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Kathy Elsesser
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2,048,960,645
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4,356,213
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9,739,756
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Deborah Messemer
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2,033,580,129
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19,736,729
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9,739,756
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Nehal Raj
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2,031,046,239
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22,270,619
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9,739,756
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Jeffrey Rhodes
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1,998,052,844
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55,264,014
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9,739,756
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Ganendran Sarvananthan
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1,997,762,008
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55,554,850
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9,739,756
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Todd Sisitsky
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2,027,766,667
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25,550,191
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9,739,756
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David Trujillo
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2,027,310,008
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26,006,850
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9,739,756
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Anilu Vazquez-Ubarri
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2,038,163,056
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15,153,802
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9,739,756
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Jon Winkelried
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2,040,915,494
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12,401,364
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9,739,756
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Item 2. Election of Executive Committee Members
The nominees listed below were elected to serve on the Executive Committee, in each case for a one-year term expiring at the annual meeting of stockholders to be held in 2026.
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FOR
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WITHHOLD
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BROKER NON-VOTES
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James Coulter
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2,039,275,805
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14,041,053
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9,739,756
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Kelvin Davis
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2,037,086,718
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16,230,140
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9,739,756
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Nehal Raj
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2,031,855,281
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21,461,577
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9,739,756
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Jeffrey Rhodes
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2,005,922,023
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47,394,835
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9,739,756
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Ganendran Sarvananthan
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2,005,650,588
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47,666,270
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9,739,756
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Todd Sisitsky
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2,028,669,379
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24,647,479
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9,739,756
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David Trujillo
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2,031,628,209
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21,688,649
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9,739,756
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Anilu Vazquez-Ubarri
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2,039,060,351
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14,256,507
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9,739,756
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Jon Winkelried
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2,041,451,510
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11,865,348
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9,739,756
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Item 3. Ratification of Deloitte as our Independent Registered Public Accounting Firm
Stockholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ended December 31, 2025.
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FOR
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AGAINST
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ABSTAIN
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2,062,809,912
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238,363
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8,339
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