Netflix

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Shareholder advocacy aimed at Netflix

2 recorded campaigns from 2 organizations.

Bowyer Research · 2025
Bowyer Research at Netflix
Asked Netflix shareholders to vote against the re-election of every member of the Netflix board. Bowyer Research gave two reasons, the board's oversight of five years of share price performance that the firm said trailed competitors, and the firm's objections to some of the company's content decisions.
Source
AFL-CIO Equity Index Funds · 2024
AFL-CIO Equity Index Funds at Netflix
Publish a report on how the company uses artificial intelligence, what ethical guidelines it follows to protect workers, customers and the public, and how the board oversees it.
Source

What shareholders voted on

From Netflix’s own filings with the SEC. Support is the share of votes cast for and against, so abstentions and broker non-votes are not counted in it.

2026

Item	Kind	Asked for by	Support	Outcome
The non-binding stockholder proposal entitled, “Proposal 4 - Shareholder Right to Act by Written Consent”	Shareholder proposal		44.6%	Failed
The non-binding stockholder proposal entitled, “Adopt Cumulative Voting”	Shareholder proposal	National Legal and Policy Center	3%	Failed
The non-binding stockholder proposal entitled, “Report on Politicized Brand Misalignment”	Shareholder proposal		1%	Failed
The non-binding stockholder proposal entitled, “ESG ROI Report”	Shareholder proposal	National Center for Public Policy Research	1%	Failed
The advisory resolution to approve named executive officer compensation	Company proposal		83.7%	Passed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026	Auditor		96.8%	Passed
Election of Ted Sarandos	Director		98.5%	Passed
Election of Greg Peters	Director		98.5%	Passed
Election of Mathias Döpfner	Director		97.2%	Passed
Election of Strive Masiyiwa	Director		96.4%	Passed
Election of Anne Sweeney	Director		96.2%	Passed
Election of Ambassador Susan Rice	Director		96.2%	Passed
Election of Brad Smith	Director		95.9%	Passed
Election of Leslie Kilgore	Director		94.9%	Passed
Election of Ann Mather	Director		93.4%	Passed
Election of Jay Hoag	Director		93.1%	Passed
Election of Elinor Mertz	Director		91.2%	Passed
Election of Richard Barton	Director		90.8%	Passed

2025

Item	Kind	Asked for by	Support	Outcome
The non-binding stockholder proposal entitled, “Proposal 5 - Proposal that Won 45% NFLX Shareholder Support”	Shareholder proposal		42.2%	Failed
The non-binding stockholder proposal entitled, “Issue a Climate Transition Plan”	Shareholder proposal	Trillium Asset Management	10.5%	Failed
The non-binding stockholder proposal entitled, “Amend the Code of Ethics to enhance policies on non-discrimination, anti-harassment, and whistleblower protection”	Shareholder proposal	Benedictine Sisters	5.6%	Failed
The non-binding stockholder proposal entitled, “Report on Charitable Giving”	Shareholder proposal		0.5%	Failed
The non-binding stockholder proposal entitled, “Affirmative Action Risks”	Shareholder proposal	National Center for Public Policy Research	0.5%	Failed
The advisory resolution to approve executive officer compensation	Company proposal		85.6%	Passed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025	Auditor		98.5%	Passed
Election of Ambassador Susan Rice	Director		98.5%	Passed
Election of Ted Sarandos	Director		98.1%	Passed
Election of Greg Peters	Director		98.1%	Passed
Election of Mathias Döpfner	Director		97.7%	Passed
Election of Strive Masiyiwa	Director		97.4%	Passed
Election of Brad Smith	Director		97.1%	Passed
Election of Anne Sweeney	Director		96.7%	Passed
Election of Leslie Kilgore	Director		95.8%	Passed
Election of Ann Mather	Director		95.3%	Passed
Election of Reed Hastings	Director		95.3%	Passed
Election of Richard Barton	Director		91%	Passed
Election of Jay Hoag	Director		21.6%	Failed

2024

Item	Kind	Asked for by	Support	Outcome
The non-binding stockholder proposal entitled, “Special Shareholder Meeting Improvement,”	Shareholder proposal		45.7%	Failed
The non-binding stockholder proposal entitled, “Report on Netflix’s Use of Artificial Intelligence,”	Shareholder proposal	National Center for Public Policy Research	43.3%	Failed
The non-binding stockholder proposal entitled, “Director Election Resignation Bylaw Proposal”	Shareholder proposal	Benedictine Sisters	16.4%	Failed
The non-binding stockholder proposal entitled, “Amendments to the Code of Ethics and report on the board members’ compliance with the amended code,”	Shareholder proposal		5.6%	Failed
The non-binding stockholder proposal entitled, “Corporate Financial Sustainability Proposal,”	Shareholder proposal	The New York City Carpenters Pension Fund	0.4%	Failed
Approve the Company's named executive officer compensation on a non-binding advisory basis	Company proposal		82.4%	Passed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024	Auditor		96.2%	Passed
Election of Ambassador Susan Rice	Director		99.2%	Passed
Election of Greg Peters	Director		98.3%	Passed
Election of Ted Sarandos	Director		98.1%	Passed
Election of Mathias Döpfner	Director		97.9%	Passed
Election of Reed Hastings	Director		96.9%	Passed
Election of Anne Sweeney	Director		96.8%	Passed
Election of Brad Smith	Director		96.8%	Passed
Election of Jay Hoag	Director		91.5%	Passed
Election of Richard Barton	Director		76.5%	Passed

2023

Item	Kind	Asked for by	Support	Outcome
The non-binding stockholder proposal entitled, “Proposal 5 - Reform the Current Impossible Special Shareholder Meeting Requirements,”	Shareholder proposal	National Center for Public Policy and Research	43.4%	Failed
The non-binding stockholder proposal entitled, “Policy on Freedom of Association,”	Shareholder proposal		36.3%	Failed
The non-binding stockholder proposal requesting a report on the Company’s 401(K) Plan	Shareholder proposal		8.8%	Failed
The non-binding stockholder proposal entitled, “Netflix-Exclusive Board of Directors,”	Shareholder proposal		0.3%	Failed
Approve the Company's named executive officer compensation on a non-binding advisory basis	Company proposal		28.8%	Failed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023	Auditor		98.7%	Passed
Election of Ted Sarandos	Director		97.6%	Passed
Election of Reed Hastings	Director		96.3%	Passed
Election of Mathias Döpfner	Director		82.3%	Passed
Election of Jay Hoag	Director		76.7%	Passed

2022

Item	Kind	Support	Outcome
The non-binding stockholder proposal entitled, "Proposal 5 - Lobbying Activity Report"	Shareholder proposal	60.4%	Passed
The non-binding stockholder proposal entitled, "Proposal 7 - Simple Majority Vote"	Shareholder proposal	58.4%	Passed
Management Proposal Four to create a new stockholder right to call a special meeting	Company proposal	99.7%	Passed
Management Proposal Three to eliminate supermajority voting provisions	Company proposal	99.7%	Passed
Management Proposal Two to declassify the board of directors	Company proposal	99.7%	Passed
Approve the Company's executive officer compensation on a non-binding advisory basis	Company proposal	27%	Failed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022	Auditor	99.2%	Passed
Election of Strive Masiyiwa	Director	94.4%	Passed
Election of Leslie Kilgore	Director	77.5%	Passed
Election of Anne Mather	Director	56.1%	Passed
Election of Timothy Haley	Director	32.2%	Failed

2021

Item	Kind	Support	Outcome
The non-binding stockholder proposal entitled, "Proposal 5 - Simple Majority Vote"	Shareholder proposal	90.1%	Passed
The non-binding stockholder proposal entitled, "Proposal 4 - Political Disclosures"	Shareholder proposal	80.7%	Passed
The non-binding stockholder proposal entitled, "Stockholder Proposal to Improve the Executive Compensation Philosophy"	Shareholder proposal	3.6%	Failed
Approve the Company's executive officer compensation on a non-binding advisory basis	Company proposal	50.7%	Passed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2021	Auditor	97.9%	Passed
Election of Rodolphe Belmer	Director	56.6%	Passed
Election of Anne M. Sweeney	Director	53.2%	Passed
Election of Bradford L. Smith	Director	41.1%	Failed
Election of Richard N. Barton	Director	27.2%	Failed

2020

Item	Kind	Support	Outcome
Receive a non-binding advisory vote on executive compensation received the following votes	Say on pay	61.6%	Passed
Approve the 2020 Stock Plan received the following votes	Company proposal	96.9%	Passed
The non-binding proposal from a stockholder for simple majority vote received the following votes	Company proposal	73.5%	Passed
The non-binding proposal from a stockholder to disclose political contributions received the following votes	Company proposal	41.9%	Failed
The non-binding proposal from a stockholder for an EEO Policy Risk Report received the following votes	Company proposal	0.7%	Failed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2020 received the following votes	Auditor	97.6%	Passed
Election of Mathias Döpfner	Director	66.8%	Passed
Election of Reed Hastings	Director	66.7%	Passed
Election of Jay C. Hoag	Director	45.2%	Failed

2019

Item	Kind	Support	Outcome
Receive a non-binding advisory vote on executive compensation received the following votes	Say on pay	50%	Failed
The non-binding proposal from a stockholder for simple majority vote received the following votes	Company proposal	88%	Passed
The non-binding proposal from a stockholder to disclose political contributions received the following votes	Company proposal	41.7%	Failed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2019 received the following votes	Auditor	97.9%	Passed
Election of Leslie Kilgore	Director	47.1%	Failed
Election of Timothy M. Haley	Director	44.5%	Failed
Election of Susan Rice	Director	36.5%	Failed
Election of Ann Mather	Director	32.6%	Failed

2018

Item	Kind	Support	Outcome
Receive a non-binding advisory vote on executive compensation received the following votes	Say on pay	61.2%	Passed
The non-binding proposal from a stockholder for simple majority vote received the following votes	Company proposal	84.8%	Passed
The binding proposal from a stockholder to amend Sections 2.8 and 3.3 of the bylaws to majority vote received the following votes	Company proposal	71.7%	Passed
The non-binding proposal from a stockholder to adopt a proxy access bylaw received the following votes	Company proposal	57.9%	Passed
The non-binding proposal from a stockholder to give holders with an aggregate of 15% net long of our outstanding common stock the power to call a special shareholder meeting received the following votes	Company proposal	57.4%	Passed
The non-binding proposal from a stockholder for a shareholder right to act by written consent received the following votes	Company proposal	52.3%	Passed
The non-binding proposal from a stockholder to adopt a clawback policy received the following votes	Company proposal	37.9%	Failed
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018 received the following votes	Auditor	99.5%	Passed
Election of Rodolphe Belmer	Director	86.7%	Passed
Election of Anne M. Sweeney	Director	61.7%	Passed
Election of Bradford L. Smith	Director	55.8%	Passed
Election of Richard N. Barton	Director	54.3%	Passed

Proxy statements and vote results

Straight from Netflix’s own SEC filings. The proxy statement lists what shareholders were asked to vote on; the 8-K certifies how the vote went.

Year	Filing	Filed
2026	Vote results	2026-06-05
2026	Proxy statement	2026-04-16
2025	Vote results	2025-06-06
2025	Proxy statement	2025-04-17
2024	Vote results	2024-06-07
2024	Proxy statement	2024-04-18
2023	Vote results	2023-06-06
2023	Proxy statement	2023-04-21
2022	Vote results	2022-06-08
2022	Proxy statement	2022-04-22
2021	Vote results	2021-06-04
2021	Proxy statement	2021-04-23
2020	Vote results	2020-06-09
2020	Proxy statement	2020-04-22
2019	Vote results	2019-06-12
2019	Proxy statement	2019-04-23
2018	Vote results	2018-06-08
2018	Proxy statement	2018-04-23

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