Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) At The Progressive Corporation's (the "Company") Annual Meeting of Shareholders held on May 12, 2023, 516,664,355 common shares were represented in person or by proxy.
(b) At the Annual Meeting, shareholders took the following actions:
•Proposal One - Shareholders elected each of the twelve directors named below. The votes cast with respect to each director were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Director | Term Expires | For | Against | Abstain | Broker Non-Votes |
Danelle M. Barrett | 2024 | 483,300,407 | | | 582,252 | | | 377,396 | | | 32,404,300 | | |
Philip Bleser | 2024 | 477,183,475 | | | 6,677,473 | | | 399,107 | | | 32,404,300 | | |
Stuart B. Burgdoerfer | 2024 | 463,444,145 | | | 20,429,649 | | | 386,261 | | | 32,404,300 | | |
Pamela J. Craig | 2024 | 480,143,032 | | | 3,753,801 | | | 363,222 | | | 32,404,300 | | |
Charles A. Davis | 2024 | 473,509,501 | | | 10,369,157 | | | 381,397 | | | 32,404,300 | | |
Roger N. Farah | 2024 | 450,161,453 | | | 33,695,931 | | | 402,671 | | | 32,404,300 | | |
Lawton W. Fitt | 2024 | 434,863,536 | | | 49,022,813 | | | 373,706 | | | 32,404,300 | | |
Susan Patricia Griffith | 2024 | 481,028,978 | | | 2,904,704 | | | 326,373 | | | 32,404,300 | | |
Devin C. Johnson | 2024 | 481,672,229 | | | 809,812 | | | 1,778,014 | | | 32,404,300 | | |
Jeffrey D. Kelly | 2024 | 474,418,680 | | | 9,427,417 | | | 413,958 | | | 32,404,300 | | |
Barbara R. Snyder | 2024 | 478,506,045 | | | 5,389,951 | | | 364,059 | | | 32,404,300 | | |
Kahina Van Dyke | 2024 | 481,653,649 | | | 2,231,314 | | | 375,092 | | | 32,404,300 | | |
•Proposal Two - Cast an advisory vote approving our executive compensation program. This proposal received 457,588,388 affirmative votes and 25,916,695 negative votes. There were 754,972 abstentions and 32,404,300 broker non-votes with respect to this proposal.
•Proposal Three - Cast an advisory vote on the frequency of the advisory vote approving our executive compensation program. This proposal received 479,476,141 votes for 1 year, 579,474 votes for 2 years, and 3,870,680 votes for 3 years. There were 333,760 abstentions and 32,404,300 broker non-votes with respect to this proposal.
•Proposal Four - Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023. This proposal received 484,756,289 affirmative votes and 27,281,245 negative votes. There were 4,626,821 abstentions and no broker non-votes with respect to this proposal.