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APPLIED DIGITAL CORPORATION 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and APPLIED DIGITAL CORPORATION’s Form 8-K, filed November 21, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.

12Ballot items
162Asset managers
1,664Fund votes
November 20, 2024Meeting date

Results at a glance

Meeting of November 20, 2024: 12 items on APPLIED DIGITAL CORPORATION’s Form 8-K, filed November 21, 2024: 12 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore APPLIED DIGITAL CORPORATION in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by APPLIED DIGITAL CORPORATION

These tallies are APPLIED DIGITAL CORPORATION’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed November 21, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

APPLIED DIGITAL CORPORATION — official shareholder meeting results, meeting held November 20, 2024
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Wes Cummins	124,593,886	--	--	1,331,445	30,179,790	99%	Not verified	—
Elect Director: Ella Benson	123,420,333	--	--	2,504,998	30,179,790	98%	Not verified	—
Elect Director: Chuck Hastings	113,104,862	--	--	12,820,469	30,179,790	90%	Not verified	—
Elect Director: Rachel Lee	123,428,728	--	--	2,496,603	30,179,790	98%	Not verified	—
Elect Director: Douglas Miller	114,120,407	--	--	11,804,924	30,179,790	91%	Not verified	—
Elect Director: Richard Nottenburg	115,430,943	--	--	10,494,388	30,179,790	92%	Not verified	—
Proposal 2: The votes were cast as follows with respect to the proposal to ratify the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2025:	152,938,078	2,598,340	568,703	--	--	98%	Not verified	—
Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement:	122,304,079	3,330,988	290,264	--	30,179,790	97%	Not verified	—
Proposal 4: The votes were cast as follows with respect to the proposal to approve the 2024 Plan and the reservation of 10,000,000 shares of common stock for issuance thereunder:	116,488,656	8,009,798	1,426,877	--	30,179,790	94%	Not verified	—
Proposal 5: The votes were cast as follows with respect to the proposal to approve, for the purpose of complying with the applicable provisions of The Nasdaq Stock Market LLC Listing Rule 5635, the potential issuance of shares of our common stock issuable upon	122,781,353	2,892,405	251,573	--	30,179,790	98%	Not verified	—
Proposal 6: The votes were cast as follows with respect to the proposal to approve an amendment to the Articles to increase the number of shares of common stock and the number of shares of preferred stock authorized for issuance thereunder:	119,558,968	6,099,774	266,589	--	30,179,790	95%	Not verified	—
Proposal 7: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insuf	145,451,762	10,383,581	269,778	--	--	93%	Not verified	—

This meeting is also recorded here as November 15, 2024; both records come from the same filing, so the date should be checked against it.

Source: APPLIED DIGITAL CORPORATION, Form 8-K, filed with the SEC on November 21, 2024 — read the filing on EDGAR.

How asset managers voted at the APPLIED DIGITAL CORPORATION 2024-2025 meeting

Each item below shows how the 162 asset managers that disclosed a APPLIED DIGITAL CORPORATION vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Chuck Hastings

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%

FOR: 113,104,862WITHHELD: 12,820,469

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Chuck Hastings

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Chuck Hastings”): 113,104,862 for, 12,820,469 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 5,978,253 for, 5,887,515 withheld.

FORWITHHOLD

FOR: 5,978,253WITHHOLD: 5,887,515

Largest asset managers voting on “Election of Directors: Chuck Hastings” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Withheld	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	0	1,591,963	Withhold
Fidelity	800,552	654,818	Mixed
Voya	1,042,733	0	For
Global X	0	810,018	Withhold
VanEck ETF Trust	0	738,823	Withhold
BlackRock	0	703,703	Withhold
Royce	658,376	0	For
Valkyrie ETF Trust II	0	619,416	Withhold
SEI	0	206,984	Withhold
Charles Schwab	0	198,777	Withhold
Northern Lights Fund Trust IV	190,896	0	For
Equitable	94,110	22,165	Mixed
Lincoln Financial	78,309	0	For
EXCHANGE TRADED CONCEPTS TRUST	0	74,591	Withhold
TIAA	61,401	0	For
Northern Trust	0	53,474	Withhold
State Street	49,827	0	For
Pacific Life	0	46,339	Withhold
AIG/SunAmerica	0	43,314	Withhold
Bridge Builder Trust	0	32,519	Withhold
John Hancock	0	23,640	Withhold
DWS	0	13,409	Withhold
Calvert	0	11,912	Withhold
Victory Capital	0	7,856	Withhold

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

2. Elect Director: Douglas Miller

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 114,120,407WITHHELD: 11,804,924

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Douglas Miller

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Douglas Miller”): 114,120,407 for, 11,804,924 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 6,666,749 for, 5,199,019 withheld.

FORWITHHOLD

FOR: 6,666,749WITHHOLD: 5,199,019

Largest asset managers voting on “Election of Directors: Douglas Miller” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Withheld	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	0	1,591,963	Withhold
Fidelity	800,552	654,818	Mixed
Voya	0	1,042,733	Withhold
Global X	810,018	0	For
VanEck ETF Trust	738,823	0	For
BlackRock	0	703,703	Withhold
Royce	658,376	0	For
Valkyrie ETF Trust II	0	619,416	Withhold
SEI	206,984	0	For
Charles Schwab	198,777	0	For
Northern Lights Fund Trust IV	190,896	0	For
Equitable	0	116,275	Withhold
Lincoln Financial	0	78,309	Withhold
EXCHANGE TRADED CONCEPTS TRUST	0	74,591	Withhold
TIAA	61,401	0	For
Northern Trust	0	53,474	Withhold
State Street	0	49,827	Withhold
Pacific Life	0	46,339	Withhold
AIG/SunAmerica	0	43,314	Withhold
Bridge Builder Trust	0	32,519	Withhold
John Hancock	0	23,640	Withhold
DWS	0	13,409	Withhold
Calvert	0	11,912	Withhold
Victory Capital	0	7,856	Withhold

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

3. Elect Director: Ella Benson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 123,420,333WITHHELD: 2,504,998

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Ella Benson

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Ella Benson”): 123,420,333 for, 2,504,998 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 11,865,768 for.

FOR

FOR: 11,865,768

Largest asset managers voting on “Election of Directors: Ella Benson” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Vote
Manager Directed Portfolios	2,991,472	For
Vanguard	1,591,963	For
Fidelity	1,455,370	For
Voya	1,042,733	For
Global X	810,018	For
VanEck ETF Trust	738,823	For
BlackRock	703,703	For
Royce	658,376	For
Valkyrie ETF Trust II	619,416	For
SEI	206,984	For
Charles Schwab	198,777	For
Northern Lights Fund Trust IV	190,896	For
Equitable	116,275	For
Lincoln Financial	78,309	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	For
TIAA	61,401	For
Northern Trust	53,474	For
State Street	49,827	For
Pacific Life	46,339	For
AIG/SunAmerica	43,314	For
Bridge Builder Trust	32,519	For
John Hancock	23,640	For
DWS	13,409	For
Calvert	11,912	For
Victory Capital	7,856	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

4. Elect Director: Rachel Lee

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 123,428,728WITHHELD: 2,496,603

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Rachel Lee

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Rachel Lee”): 123,428,728 for, 2,496,603 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 45 asset managers below reported 11,865,768 for.

FOR

FOR: 11,865,768

Largest asset managers voting on “Election of Directors: Rachel Lee” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Vote
Manager Directed Portfolios	2,991,472	For
Vanguard	1,591,963	For
Fidelity	1,455,370	For
Voya	1,042,733	For
Global X	810,018	For
VanEck ETF Trust	738,823	For
BlackRock	703,703	For
Royce	658,376	For
Valkyrie ETF Trust II	619,416	For
SEI	206,984	For
Charles Schwab	198,777	For
Northern Lights Fund Trust IV	190,896	For
Equitable	116,275	For
Lincoln Financial	78,309	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	For
TIAA	61,401	For
Northern Trust	53,474	For
State Street	49,827	For
Pacific Life	46,339	For
AIG/SunAmerica	43,314	For
Bridge Builder Trust	32,519	For
John Hancock	23,640	For
DWS	13,409	For
Calvert	11,912	For
Victory Capital	7,856	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

5. Elect Director: Richard Nottenburg

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%

FOR: 115,430,943WITHHELD: 10,494,388

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Richard Nottenburg

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Richard Nottenburg”): 115,430,943 for, 10,494,388 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 7,932,855 for, 3,932,913 withheld.

FORWITHHOLD

FOR: 7,932,855WITHHOLD: 3,932,913

Largest asset managers voting on “Election of Directors: Richard Nottenburg” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Withheld	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	0	1,591,963	Withhold
Fidelity	800,552	654,818	Mixed
Voya	1,042,733	0	For
Global X	810,018	0	For
VanEck ETF Trust	738,823	0	For
BlackRock	0	703,703	Withhold
Royce	658,376	0	For
Valkyrie ETF Trust II	0	619,416	Withhold
SEI	206,984	0	For
Charles Schwab	198,777	0	For
Northern Lights Fund Trust IV	190,896	0	For
Equitable	94,110	22,165	Mixed
Lincoln Financial	78,309	0	For
EXCHANGE TRADED CONCEPTS TRUST	0	74,591	Withhold
TIAA	61,401	0	For
Northern Trust	0	53,474	Withhold
State Street	49,827	0	For
Pacific Life	0	46,339	Withhold
AIG/SunAmerica	0	43,314	Withhold
Bridge Builder Trust	0	32,519	Withhold
John Hancock	0	23,640	Withhold
DWS	0	13,409	Withhold
Calvert	0	11,912	Withhold
Victory Capital	0	7,856	Withhold

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

6. Elect Director: Wes Cummins

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 124,593,886WITHHELD: 1,331,445

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: Election of Directors: Wes Cummins

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Wes Cummins”): 124,593,886 for, 1,331,445 withheld, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 11,865,451 for, 317 withheld.

FOR

FOR: 11,865,451WITHHOLD: 317

Largest asset managers voting on “Election of Directors: Wes Cummins” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Vote
Manager Directed Portfolios	2,991,472	For
Vanguard	1,591,963	For
Fidelity	1,455,370	For
Voya	1,042,733	For
Global X	810,018	For
VanEck ETF Trust	738,823	For
BlackRock	703,703	For
Royce	658,376	For
Valkyrie ETF Trust II	619,416	For
SEI	206,984	For
Charles Schwab	198,777	For
Northern Lights Fund Trust IV	190,896	For
Equitable	116,275	For
Lincoln Financial	78,309	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	For
TIAA	61,401	For
Northern Trust	53,474	For
State Street	49,827	For
Pacific Life	46,339	For
AIG/SunAmerica	43,314	For
Bridge Builder Trust	32,519	For
John Hancock	23,640	For
DWS	13,409	For
Calvert	11,912	For
Victory Capital	7,856	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

7. Proposal 6: The votes were cast as follows with respect to the proposal to approve an amendment to the Articles to…

Outcome not verifiedCAPITAL STRUCTUREReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 119,558,968AGAINST: 6,099,774

Details: description as filed, official tally, votes by 46 asset managers

Description as filed by funds: APPROVE AN AMENDMENT TO THE COMPANY'S SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AND THE NUMBER OF SHARES OF PREFERRED STOCK AUTHORIZED FOR ISSUANCE THEREUNDER.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 6: The votes were cast as follows with respect to the proposal to approve an amendment to the Articles to increase the number of shares of common stock and the number of shares of preferred stock authorized for ”): 119,558,968 for, 6,099,774 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 46 asset managers below reported 9,907,123 for, 1,958,645 against.

FORAGAINST

FOR: 9,907,123AGAINST: 1,958,645

Largest asset managers voting on “APPROVE AN AMENDMENT TO THE COMPANY'S SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO IN” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	1,591,963	0	For
Fidelity	1,455,370	0	For
Voya	1,042,733	0	For
Global X	0	810,018	Against
VanEck ETF Trust	0	738,823	Against
BlackRock	703,703	0	For
Royce	658,376	0	For
Valkyrie ETF Trust II	619,416	0	For
SEI	0	206,984	Against
Charles Schwab	0	198,777	Against
Northern Lights Fund Trust IV	190,896	0	For
Equitable	116,275	0	For
Lincoln Financial	78,309	0	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	0	For
TIAA	61,401	0	For
Northern Trust	53,474	0	For
State Street	49,827	0	For
Pacific Life	46,339	0	For
AIG/SunAmerica	43,314	0	For
Bridge Builder Trust	32,519	0	For
John Hancock	23,640	0	For
DWS	13,409	0	For
Calvert	11,912	0	For
Victory Capital	7,856	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

8. Proposal 5: The votes were cast as follows with respect to the proposal to approve, for the purpose of complying with…

Outcome not verifiedCAPITAL STRUCTUREReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 122,781,353AGAINST: 2,892,405

Details: description as filed, official tally, votes by 46 asset managers

Description as filed by funds: APPROVE, FOR THE PURPOSE OF COMPLYING WITH THE APPLICABLE PROVISIONS OF THE NASDAQ STOCK MARKET LLC LISTING RULE 5635, THE POTENTIAL ISSUANCE OF SHARES OF THE COMPANY'S COMMON STOCK ISSUABLE UPON CONVERSION OF THE SERIES F CONVERTIBLE PREFERRED STOCK.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 5: The votes were cast as follows with respect to the proposal to approve, for the purpose of complying with the applicable provisions of The Nasdaq Stock Market LLC Listing Rule 5635, the potential issuance of ”): 122,781,353 for, 2,892,405 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 46 asset managers below reported 11,734,198 for, 131,570 against.

FOR

FOR: 11,734,198AGAINST: 131,570

Largest asset managers voting on “APPROVE, FOR THE PURPOSE OF COMPLYING WITH THE APPLICABLE PROVISIONS OF THE NASDAQ STOCK MARKET LLC LISTING RU” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	1,591,963	0	For
Fidelity	1,455,370	0	For
Voya	1,042,733	0	For
Global X	810,018	0	For
VanEck ETF Trust	738,823	0	For
BlackRock	703,703	0	For
Royce	658,376	0	For
Valkyrie ETF Trust II	619,416	0	For
SEI	206,984	0	For
Charles Schwab	198,777	0	For
Northern Lights Fund Trust IV	190,896	0	For
Equitable	116,275	0	For
Lincoln Financial	0	78,309	Against
EXCHANGE TRADED CONCEPTS TRUST	74,591	0	For
TIAA	61,401	0	For
Northern Trust	53,474	0	For
State Street	0	49,827	Against
Pacific Life	46,339	0	For
AIG/SunAmerica	43,314	0	For
Bridge Builder Trust	32,519	0	For
John Hancock	23,640	0	For
DWS	13,409	0	For
Calvert	11,912	0	For
Victory Capital	7,856	0	For

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

9. Proposal 7: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual…

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 145,451,762AGAINST: 10,383,581

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: APPROVE THE ADJOURNMENT OF THE ANNUAL MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO PERMIT FURTHER SOLICITATION AND VOTE OF PROXIES IN THE EVENT THAT THERE ARE INSUFFICIENT VOTES FOR, OR OTHERWISE IN CONNECTION WITH, THE APPROVAL OF ANY ONE OR MORE OF THE FOREGOING PROPOSALS.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 7: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of p”): 145,451,762 for, 10,383,581 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 45 asset managers below reported 8,181,909 for, 3,683,859 against.

FORAGAINST

FOR: 8,181,909AGAINST: 3,683,859

Largest asset managers voting on “APPROVE THE ADJOURNMENT OF THE ANNUAL MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO PERMIT” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	0	1,591,963	Against
Fidelity	1,455,370	0	For
Voya	1,042,733	0	For
Global X	0	810,018	Against
VanEck ETF Trust	0	738,823	Against
BlackRock	703,703	0	For
Royce	658,376	0	For
Valkyrie ETF Trust II	619,416	0	For
SEI	0	206,984	Against
Charles Schwab	0	198,777	Against
Northern Lights Fund Trust IV	190,896	0	For
Equitable	116,275	0	For
Lincoln Financial	0	78,309	Against
EXCHANGE TRADED CONCEPTS TRUST	74,591	0	For
TIAA	61,401	0	For
Northern Trust	53,474	0	For
State Street	0	49,827	Against
Pacific Life	46,339	0	For
AIG/SunAmerica	43,314	0	For
Bridge Builder Trust	32,519	0	For
John Hancock	23,640	0	For
DWS	13,409	0	For
Calvert	11,912	0	For
Victory Capital	7,856	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

10. Proposal 4: The votes were cast as follows with respect to the proposal to approve the 2024 Plan and the reservation of…

Outcome not verifiedCOMPENSATIONReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 116,488,656AGAINST: 8,009,798

Details: description as filed, official tally, votes by 46 asset managers

Description as filed by funds: APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AND THE RESERVATION OF 10,000,000 SHARES OF COMMON STOCK FOR ISSUANCE THEREUNDER.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 4: The votes were cast as follows with respect to the proposal to approve the 2024 Plan and the reservation of 10,000,000 shares of common stock for issuance thereunder:”): 116,488,656 for, 8,009,798 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 46 asset managers below reported 8,941,804 for, 2,265,588 against, 658,376 abstained.

FORAGAINST

FOR: 8,941,804AGAINST: 2,265,588ABSTAIN: 658,376

Largest asset managers voting on “APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AND THE RESERVATION OF 10,000,000 SHARES OF COMMON STOCK F” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Abstain	Vote
Manager Directed Portfolios	2,991,472	0	0	For
Vanguard	1,591,963	0	0	For
Fidelity	1,198,524	256,846	0	Mixed
Voya	0	1,042,733	0	Against
Global X	810,018	0	0	For
VanEck ETF Trust	738,823	0	0	For
BlackRock	703,703	0	0	For
Royce	0	0	658,376	Abstain
Valkyrie ETF Trust II	0	619,416	0	Against
SEI	206,984	0	0	For
Charles Schwab	198,777	0	0	For
Northern Lights Fund Trust IV	190,896	0	0	For
Equitable	22,165	94,110	0	Mixed
Lincoln Financial	78,309	0	0	For
EXCHANGE TRADED CONCEPTS TRUST	0	74,591	0	Against
TIAA	61,401	0	0	For
Northern Trust	0	53,474	0	Against
State Street	49,827	0	0	For
Pacific Life	46,339	0	0	For
AIG/SunAmerica	0	43,314	0	Against
Bridge Builder Trust	32,519	0	0	For
John Hancock	0	23,640	0	Against
DWS	0	13,409	0	Against
Calvert	0	11,912	0	Against
Victory Capital	0	7,856	0	Against

Showing the 25 largest of 46 asset managers. See all 46 in the interactive database.

11. Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the…

Outcome not verified Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 122,304,079AGAINST: 3,330,988

Details: description as filed, official tally, votes by 160 asset managers

Description as filed by funds: Approve, on an advisory basis, the executive compensation of the Company's named executive officers as described in the proxy statement.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement:”): 122,304,079 for, 3,330,988 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 44 asset managers voting on “Approve, on an advisory basis, the executive compensation of the Company's named executive officers as describ” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	1,591,963	0	For
Fidelity	1,455,370	0	For
Voya	1,042,733	0	For
Global X	810,018	0	For
VanEck ETF Trust	738,823	0	For
BlackRock	703,703	0	For
Royce	658,376	0	For
Valkyrie ETF Trust II	619,416	0	For
SEI	206,984	0	For
Charles Schwab	198,777	0	For
Northern Lights Fund Trust IV	190,896	0	For
Equitable	116,275	0	For
Lincoln Financial	78,309	0	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	0	For
TIAA	61,401	0	For
Northern Trust	53,474	0	For
State Street	49,827	0	For
Pacific Life	46,339	0	For
AIG/SunAmerica	43,314	0	For
Bridge Builder Trust	32,519	0	For
John Hancock	23,640	0	For
DWS	13,409	0	For
Calvert	0	11,912	Against
Victory Capital	7,856	0	For

Fund voting reports, all 44 managers: 11,853,856 for, 11,912 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 125 asset managers voting on “Approve, on an advisory basis, the executive compensation of the Company's named executive officers as describ” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
CLEARFIELD CAPITAL MANAGEMENT LP	10,561,864	0	For
Oasis Management Co Ltd.	10,184,310	0	For
NVIDIA CORP	7,716,050	0	For
Hood River Capital Management LLC	6,813,572	0	For
Pertento Partners LLP	1,697,012	0	For
BlackRock	1,682,183	860	For
State Street	1,629,251	0	For
Voya	1,629,072	0	For
Paloma Partners Management Co	1,353,716	0	For
GEODE CAPITAL MANAGEMENT, LLC	852,460	0	For
VAN ECK ASSOCIATES CORP	738,823	0	For
Northern Trust	583,597	0	For
Portolan Capital Management, LLC	503,854	0	For
Royce	473,764	0	For
Northern Right Capital Management, L.P.	0	442,500	Against
Think Investments LP	291,922	0	For
BOOTHBAY FUND MANAGEMENT, LLC	250,213	0	For
Harvey Partners, LLC	250,000	0	For
Union Investment Management GmbH	0	214,817	Against
OREGON PUBLIC EMPLOYEES RETIREMENT FUND	0	212,255	Against
SEI	207,012	0	For
Charles Schwab	198,777	0	For
MELLON INVESTMENTS Corp	194,626	0	For
Alight Capital Management LP	167,200	0	For
OMERS ADMINISTRATION Corp	134,100	0	For

Institutional-manager reports, all 125 managers: 49,272,809 for, 1,063,675 against, 6,369 abstained, 1 not voted. Showing the 25 largest; see all in the interactive database.

12. Proposal 2: The votes were cast as follows with respect to the proposal to ratify the appointment of Marcum LLP as the…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 152,938,078AGAINST: 2,598,340

Details: description as filed, official tally, votes by 45 asset managers

Description as filed by funds: RATIFY THE APPOINTMENT OF MARCUM LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MAY 31, 2025.

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 2: The votes were cast as follows with respect to the proposal to ratify the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2025:”): 152,938,078 for, 2,598,340 against, per its Form 8-K filed November 21, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 45 asset managers below reported 11,853,856 for, 11,912 against.

FOR

FOR: 11,853,856AGAINST: 11,912

Largest asset managers voting on “RATIFY THE APPOINTMENT OF MARCUM LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FI” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset manager	For	Against	Vote
Manager Directed Portfolios	2,991,472	0	For
Vanguard	1,591,963	0	For
Fidelity	1,455,370	0	For
Voya	1,042,733	0	For
Global X	810,018	0	For
VanEck ETF Trust	738,823	0	For
BlackRock	703,703	0	For
Royce	658,376	0	For
Valkyrie ETF Trust II	619,416	0	For
SEI	206,984	0	For
Charles Schwab	198,777	0	For
Northern Lights Fund Trust IV	190,896	0	For
Equitable	116,275	0	For
Lincoln Financial	78,309	0	For
EXCHANGE TRADED CONCEPTS TRUST	74,591	0	For
TIAA	61,401	0	For
Northern Trust	53,474	0	For
State Street	49,827	0	For
Pacific Life	46,339	0	For
AIG/SunAmerica	43,314	0	For
Bridge Builder Trust	32,519	0	For
John Hancock	23,640	0	For
DWS	13,409	0	For
Calvert	0	11,912	Against
Victory Capital	7,856	0	For

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

Largest APPLIED DIGITAL CORPORATION shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 157,438,246 shares outstanding at the time of that meeting.

Fund voting reports: top APPLIED DIGITAL CORPORATION shareholders by shares voted on “Approve, on an advisory basis, the executive compensation of the Company's named executive…”, 2024-2025
#	Asset manager	% of shares outstanding
1	Manager Directed Portfolios	1.90%
2	Vanguard	1.01%
3	Fidelity	0.92%
4	Voya	0.66%
5	Global X	0.51%
6	VanEck ETF Trust	0.47%
7	BlackRock	0.45%
8	Royce	0.42%
9	Valkyrie ETF Trust II	0.39%
10	SEI	0.13%

Institutional-manager reports: top APPLIED DIGITAL CORPORATION shareholders by shares voted on “Approve, on an advisory basis, the executive compensation of the Company's named executive…”, 2024-2025
#	Asset manager	% of shares outstanding
1	CLEARFIELD CAPITAL MANAGEMENT LP	6.71%
2	Oasis Management Co Ltd.	6.47%
3	NVIDIA CORP	4.90%
4	Hood River Capital Management LLC	4.33%
5	Pertento Partners LLP	1.08%
6	BlackRock	1.07%
7	State Street	1.03%
8	Voya	1.03%
9	Paloma Partners Management Co	0.86%
10	GEODE CAPITAL MANAGEMENT, LLC	0.54%

Reported APPLIED DIGITAL CORPORATION holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

APPLIED DIGITAL CORPORATION holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Applied Digital Corporation	88.62%	13D
Hood River Capital Management LLC	14.00%	13G
Wes Cummins	13.90%	DEF14A
Wesley Cummins	13.44%	13D
BlackRock	10.25%	13F
Jane Street Group, LLC	8.97%	DEF14A
Vanguard Group	8.57%	13F
Geode Capital	3.39%	13F
Citadel Advisors	3.26%	13F
State Street	2.64%	13F

Percentages above are of 157,438,246 shares outstanding, as reported by APPLIED DIGITAL CORPORATION on its Form 10-Q dated August 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from APPLIED DIGITAL CORPORATION’s 10-Q dated August 31, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At APPLIED DIGITAL CORPORATION's shareholder meeting held November 20, 2024, in the 2024-2025 proxy season, 162 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 1,664 separate fund positions. On the most widely held item on that ballot — Approve, on an advisory basis, the executive compensation of the Company's named executive… — FOR was 97% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: APPLIED DIGITAL CORPORATION's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on November 21, 2024.

APPLIED DIGITAL CORPORATION proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.