10 nominees · 4 ballot items.
Election of ten directors; advisory vote to approve 2025 named executive officer compensation (Say-on-Pay); advisory vote on frequency of future Say-on-Pay votes (recommend ANNUAL); ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026.
Elect ten director nominees named in the proxy statement to hold office until the 2027 Annual Meeting and until their successors are elected.
Non-binding advisory approval of the compensation paid to the Company’s named executive officers during 2025 as disclosed in the proxy statement.
This management proposal asks stockholders to cast a non-binding advisory vote to approve the 2025 compensation of named executive officers (NEOs) as disclosed in the CD&A. Management seeks this endorsement to validate its pay-for-performance program, which ties a large portion of pay to PRSUs, RSUs, options, and annual bonuses linked to financial and strategic metrics (Gross Bookings, Adjusted EBITDA, safety, electrification, AV progress). The board recommends FOR, emphasizing alignment with stockholder interests, extensive stockholder engagement, and changes made in response to feedback (eg, moving PRSUs to three-year metrics, adding EPS and operating income metrics for 2026, declining evergreen). While advisory and non-binding, a FOR vote supports management’s compensation policies and signals investor approval; a negative vote would trigger further engagement and potential program changes. The proposal is governance-focused and routine for large public companies, but not a mere ministerial item because it affects executive incentives, retention, and pay-for-performance calibration.
Non-binding advisory vote for shareholders to select the frequency (1, 2, or 3 years) of future Say-on-Pay votes; Board recommends an annual vote.
This management proposal asks stockholders in a non-binding advisory manner to indicate whether future Say-on-Pay votes should be held annually, biennially, or triennially. The Board recommends an annual vote, arguing it promotes accountability and aligns with governance best practices and the Compensation Committee’s cadence of reviews. While advisory, the outcome informs management and may shape the company’s engagement approach; it does not compel the Board. The context includes the company’s history of strong Say-on-Pay support (~85-91%) and recent compensation changes responsive to shareholder feedback, which management cites to justify retaining annual frequency.
Ratify PricewaterhouseCoopers LLP as Uber’s independent registered public accounting firm for 2026.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.57% | 133,712,560 | $9.6B |
| 2 | Capital Research Global Investors | 5.72% | 116,339,639 | $8.4B |
| 3 | STATE STREET CORP | 4.45% | 90,639,723 | $6.5B |
| 4 | PUBLIC INVESTMENT FUND | 3.58% | 72,840,541 | $5.2B |
| 5 | BlackRock, Inc. | 2.86% | 58,223,437 | $4.2B |
| 6 | BlackRock, Inc. | 2.05% | 41,804,570 | $3.0B |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.04% | 41,474,262 | $3.0B |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.87% | 38,112,387 | $2.7B |
| 9 | Pershing Square Capital Management, L.P.Activist | 1.47% | 29,958,771 | $2.2B |
| 10 | MORGAN STANLEY | 1.26% | 25,734,902 | $1.9B |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.