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NI Holdings, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and NI Holdings, Inc.’s Form 8-K, filed May 26, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.

10Ballot items
103Asset managers
1,016Fund votes
May 19, 2026Meeting date

Results at a glance

Meeting of May 19, 2026: 10 items on NI Holdings, Inc.’s Form 8-K, filed May 26, 2026: 8 elected · 2 approved.

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: 2025-2026

Explore NI Holdings, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by NI Holdings, Inc.

These tallies are NI Holdings, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 26, 2026 (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.

NI Holdings, Inc. — official shareholder meeting results, meeting held May 19, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Eric K. Aasmundstad	15,693,164	--	--	2,734,263	836,385	85%	Elected	—
Elect Director: William R. Devlin	15,685,957	--	--	2,741,470	836,385	85%	Elected	—
Elect Director: Dana J. Kaldor	17,404,939	--	--	1,022,488	836,385	94%	Elected	—
Elect Director: Cindy L. Launer	18,226,070	--	--	201,357	836,385	99%	Elected	—
Elect Director: Prakash Mathew	15,731,192	--	--	2,696,235	836,385	85%	Elected	—
Elect Director: Jeffrey R. Missling	15,760,847	--	--	2,666,580	836,385	86%	Elected	—
Elect Director: Dave L. Stende	15,777,248	--	--	2,650,179	836,385	86%	Elected	—
Elect Director: Callie J. Thomas	17,486,709	--	--	940,718	836,385	95%	Elected	—
2. Ratification of Appointment of Independent Registered Public Accounting Firm	19,134,720	92,312	36,780	--	--	99.5%	Approved	—
3. Advisory Vote to Approve the Compensation of our Named Executive Officers	17,176,881	1,244,892	5,654	--	836,385	93%	Approved	—

Source: NI Holdings, Inc., Form 8-K, filed with the SEC on May 26, 2026 — read the filing on EDGAR.

How asset managers voted at the NI Holdings, Inc. 2025-2026 meeting

Each item below shows how the 103 asset managers that disclosed a NI Holdings, Inc. 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: Callie J. Thomas

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 17,486,709WITHHELD: 940,718

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Callie Thomas

NI Holdings, Inc.’s own tally for this item (“Elect Director: Callie J. Thomas”): 17,486,709 for, 940,718 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,048,749 for, 2 abstained.

FOR

FOR: 1,048,749ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Callie Thomas” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	329,043	2	For
BlackRock	299,505	0	For
Fidelity	127,788	0	For
Dimensional	83,411	0	For
BRIDGEWAY FUNDS INC	50,000	0	For
EA Series Trust	30,974	0	For
Charles Schwab	25,099	0	For
TIAA	18,385	0	For
Equitable	16,935	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	For
Goldman Sachs	12,282	0	For
Lincoln Financial	5,263	0	For
Jackson National	4,100	0	For
AIG/SunAmerica	3,667	0	For
Global X	3,387	0	For
Pacific Life	3,062	0	For
Northern Trust	3,011	0	For
State Street	2,706	0	For
Bridge Builder Trust	2,677	0	For
SEI	2,300	0	For
Nationwide	1,942	0	For
American Century	1,267	0	For
Prudential/PGIM	1,170	0	For
Invesco	1,134	0	For
ProShares	1,119	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

2. Elect Director: Cindy L. Launer

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 18,226,070WITHHELD: 201,357

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Cindy L. Launer

NI Holdings, Inc.’s own tally for this item (“Elect Director: Cindy L. Launer”): 18,226,070 for, 201,357 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,048,078 for, 673 withheld.

FOR

FOR: 1,048,078WITHHOLD: 673

Largest asset managers voting on “Election of Directors: Cindy L. Launer” at NI Holdings, Inc., 2025-2026
Asset manager	For	Withheld	Vote
Vanguard	328,407	638	For
BlackRock	299,505	0	For
Fidelity	127,788	0	For
Dimensional	83,411	0	For
BRIDGEWAY FUNDS INC	50,000	0	For
EA Series Trust	30,974	0	For
Charles Schwab	25,099	0	For
TIAA	18,385	0	For
Equitable	16,935	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	For
Goldman Sachs	12,282	0	For
Lincoln Financial	5,263	0	For
Jackson National	4,100	0	For
AIG/SunAmerica	3,667	0	For
Global X	3,387	0	For
Pacific Life	3,062	0	For
Northern Trust	3,011	0	For
State Street	2,706	0	For
Bridge Builder Trust	2,677	0	For
SEI	2,300	0	For
Nationwide	1,942	0	For
American Century	1,267	0	For
Prudential/PGIM	1,170	0	For
Invesco	1,134	0	For
ProShares	1,119	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

3. Elect Director: Dana J. Kaldor

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 17,404,939WITHHELD: 1,022,488

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Dana Kaldor

NI Holdings, Inc.’s own tally for this item (“Elect Director: Dana J. Kaldor”): 17,404,939 for, 1,022,488 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 94% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,048,749 for, 2 abstained.

FOR

FOR: 1,048,749ABSTAIN: 2

Largest asset managers voting on “Election of Directors: Dana Kaldor” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	329,043	2	For
BlackRock	299,505	0	For
Fidelity	127,788	0	For
Dimensional	83,411	0	For
BRIDGEWAY FUNDS INC	50,000	0	For
EA Series Trust	30,974	0	For
Charles Schwab	25,099	0	For
TIAA	18,385	0	For
Equitable	16,935	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	For
Goldman Sachs	12,282	0	For
Lincoln Financial	5,263	0	For
Jackson National	4,100	0	For
AIG/SunAmerica	3,667	0	For
Global X	3,387	0	For
Pacific Life	3,062	0	For
Northern Trust	3,011	0	For
State Street	2,706	0	For
Bridge Builder Trust	2,677	0	For
SEI	2,300	0	For
Nationwide	1,942	0	For
American Century	1,267	0	For
Prudential/PGIM	1,170	0	For
Invesco	1,134	0	For
ProShares	1,119	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

4. Elect Director: Dave L. Stende

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%WITHHELD

FOR: 15,777,248WITHHELD: 2,650,179

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Dave Stende

NI Holdings, Inc.’s own tally for this item (“Elect Director: Dave L. Stende”): 15,777,248 for, 2,650,179 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 86% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,017,474 for, 31,273 withheld, 5 abstained.

FOR

FOR: 1,017,474ABSTAIN: 5WITHHOLD: 31,273

Largest asset managers voting on “Election of Directors: Dave Stende” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	328,742	5	299	For
BlackRock	299,505	0	0	For
Fidelity	127,788	0	0	For
Dimensional	83,411	0	0	For
BRIDGEWAY FUNDS INC	50,000	0	0	For
EA Series Trust	0	0	30,974	Withhold
Charles Schwab	25,099	0	0	For
TIAA	18,385	0	0	For
Equitable	16,935	0	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	0	For
Goldman Sachs	12,282	0	0	For
Lincoln Financial	5,263	0	0	For
Jackson National	4,100	0	0	For
AIG/SunAmerica	3,667	0	0	For
Global X	3,387	0	0	For
Pacific Life	3,062	0	0	For
Northern Trust	3,011	0	0	For
State Street	2,706	0	0	For
Bridge Builder Trust	2,677	0	0	For
SEI	2,300	0	0	For
Nationwide	1,942	0	0	For
American Century	1,267	0	0	For
Prudential/PGIM	1,170	0	0	For
Invesco	1,134	0	0	For
ProShares	1,119	0	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

5. Elect Director: Eric K. Aasmundstad

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD

FOR: 15,693,164WITHHELD: 2,734,263

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Eric K. Aasmundstad

NI Holdings, Inc.’s own tally for this item (“Elect Director: Eric K. Aasmundstad”): 15,693,164 for, 2,734,263 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,015,897 for, 32,849 withheld, 5 abstained.

FOR

FOR: 1,015,897ABSTAIN: 5WITHHOLD: 32,849

Largest asset managers voting on “Election of Directors: Eric K. Aasmundstad” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	328,103	5	937	For
BlackRock	299,505	0	0	For
Fidelity	127,788	0	0	For
Dimensional	83,411	0	0	For
BRIDGEWAY FUNDS INC	50,000	0	0	For
EA Series Trust	0	0	30,974	Withhold
Charles Schwab	25,099	0	0	For
TIAA	18,385	0	0	For
Equitable	16,935	0	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	0	For
Goldman Sachs	12,282	0	0	For
Lincoln Financial	5,263	0	0	For
Jackson National	4,100	0	0	For
AIG/SunAmerica	3,667	0	0	For
Global X	3,387	0	0	For
Pacific Life	3,062	0	0	For
Northern Trust	3,011	0	0	For
State Street	2,706	0	0	For
Bridge Builder Trust	2,677	0	0	For
SEI	2,300	0	0	For
Nationwide	1,942	0	0	For
American Century	1,267	0	0	For
Prudential/PGIM	1,170	0	0	For
Invesco	1,134	0	0	For
ProShares	1,119	0	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

6. Elect Director: Jeffrey R. Missling

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%WITHHELD

FOR: 15,760,847WITHHELD: 2,666,580

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Jeffrey R. Missling

NI Holdings, Inc.’s own tally for this item (“Elect Director: Jeffrey R. Missling”): 15,760,847 for, 2,666,580 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 86% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,048,073 for, 673 withheld, 5 abstained.

FOR

FOR: 1,048,073ABSTAIN: 5WITHHOLD: 673

Largest asset managers voting on “Election of Directors: Jeffrey R. Missling” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	328,402	5	638	For
BlackRock	299,505	0	0	For
Fidelity	127,788	0	0	For
Dimensional	83,411	0	0	For
BRIDGEWAY FUNDS INC	50,000	0	0	For
EA Series Trust	30,974	0	0	For
Charles Schwab	25,099	0	0	For
TIAA	18,385	0	0	For
Equitable	16,935	0	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	0	For
Goldman Sachs	12,282	0	0	For
Lincoln Financial	5,263	0	0	For
Jackson National	4,100	0	0	For
AIG/SunAmerica	3,667	0	0	For
Global X	3,387	0	0	For
Pacific Life	3,062	0	0	For
Northern Trust	3,011	0	0	For
State Street	2,706	0	0	For
Bridge Builder Trust	2,677	0	0	For
SEI	2,300	0	0	For
Nationwide	1,942	0	0	For
American Century	1,267	0	0	For
Prudential/PGIM	1,170	0	0	For
Invesco	1,134	0	0	For
ProShares	1,119	0	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

7. Elect Director: Prakash Mathew

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD

FOR: 15,731,192WITHHELD: 2,696,235

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: Prakash Mathew

NI Holdings, Inc.’s own tally for this item (“Elect Director: Prakash Mathew”): 15,731,192 for, 2,696,235 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,047,843 for, 903 withheld, 5 abstained.

FOR

FOR: 1,047,843ABSTAIN: 5WITHHOLD: 903

Largest asset managers voting on “Election of Directors: Prakash Mathew” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	329,040	5	For
BlackRock	299,505	0	For
Fidelity	127,788	0	For
Dimensional	83,411	0	For
BRIDGEWAY FUNDS INC	50,000	0	For
EA Series Trust	30,974	0	For
Charles Schwab	25,099	0	For
TIAA	18,385	0	For
Equitable	16,935	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	For
Goldman Sachs	12,282	0	For
Lincoln Financial	5,263	0	For
Jackson National	4,100	0	For
AIG/SunAmerica	3,667	0	For
Global X	3,387	0	For
Pacific Life	3,062	0	For
Northern Trust	3,011	0	For
State Street	2,706	0	For
Bridge Builder Trust	2,677	0	For
SEI	2,300	0	For
Nationwide	1,942	0	For
American Century	1,267	0	For
Prudential/PGIM	1,170	0	For
Invesco	1,134	0	For
ProShares	1,119	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

8. Elect Director: William R. Devlin

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 2 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD

FOR: 15,685,957WITHHELD: 2,741,470

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: Election of Directors: William R. Devlin

NI Holdings, Inc.’s own tally for this item (“Elect Director: William R. Devlin”): 15,685,957 for, 2,741,470 withheld, per its Form 8-K filed May 26, 2026 (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: Elected, in the filing’s own words: “The eight directors were elected at the Annual Meeting for a one-year term based on the following votes:”
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,009,643 for, 39,103 withheld, 5 abstained.

FOR

FOR: 1,009,643ABSTAIN: 5WITHHOLD: 39,103

Largest asset managers voting on “Election of Directors: William R. Devlin” at NI Holdings, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	328,103	5	937	For
BlackRock	299,505	0	0	For
Fidelity	127,788	0	0	For
Dimensional	83,411	0	0	For
BRIDGEWAY FUNDS INC	50,000	0	0	For
EA Series Trust	0	0	30,974	Withhold
Charles Schwab	25,099	0	0	For
TIAA	18,385	0	0	For
Equitable	16,935	0	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	0	For
Goldman Sachs	12,282	0	0	For
Lincoln Financial	5,263	0	0	For
Jackson National	4,100	0	0	For
AIG/SunAmerica	3,667	0	0	For
Global X	0	0	3,387	Withhold
Pacific Life	3,062	0	0	For
Northern Trust	3,011	0	0	For
State Street	2,706	0	0	For
Bridge Builder Trust	2,677	0	0	For
SEI	0	0	2,300	Withhold
Nationwide	1,942	0	0	For
American Century	1,267	0	0	For
Prudential/PGIM	1,170	0	0	For
Invesco	1,134	0	0	For
ProShares	1,119	0	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

9. 3. Advisory Vote to Approve the Compensation of our Named Executive Officers

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

93% Approved · of votes cast

FOR 93%

FOR: 17,176,881AGAINST: 1,244,892

Details: description as filed, official tally, votes by 103 asset managers

Description as filed by funds: Advisory Vote to Approve the Compensation of our Named Executive Officers.

NI Holdings, Inc.’s own tally for this item (“3. Advisory Vote to Approve the Compensation of our Named Executive Officers”): 17,176,881 for, 1,244,892 against — passed, per its Form 8-K filed May 26, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's executive compensation was approved by a non-binding advisory vote based upon the following votes:”
Support: 93% 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: 35 asset managers voting on “Advisory Vote to Approve the Compensation of our Named Executive Officers.” at NI Holdings, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	329,043	2	For
BlackRock	299,505	0	For
Fidelity	127,788	0	For
Dimensional	83,411	0	For
BRIDGEWAY FUNDS INC	50,000	0	For
EA Series Trust	30,974	0	For
Charles Schwab	25,099	0	For
TIAA	18,385	0	For
Equitable	16,935	0	For
QUANTITATIVE MASTER SERIES LLC	13,658	0	For
Goldman Sachs	0	12,282	Against
Lincoln Financial	5,263	0	For
Jackson National	4,100	0	For
AIG/SunAmerica	3,667	0	For
Global X	3,387	0	For
Pacific Life	3,062	0	For
Northern Trust	3,011	0	For
State Street	2,706	0	For
Bridge Builder Trust	2,677	0	For
SEI	2,300	0	For
Nationwide	1,942	0	For
American Century	1,267	0	For
Prudential/PGIM	1,170	0	For
Invesco	0	1,134	Against
ProShares	1,119	0	For

Fund voting reports, all 35 managers: 1,035,333 for, 13,418 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 81 asset managers voting on “Advisory Vote to Approve the Compensation of our Named Executive Officers.” at NI Holdings, Inc., 2025-2026
Asset manager	For	Against	Vote
M3F, Inc.	1,652,020	0	For
Newtyn Management, LLC	670,000	0	For
TCW GROUP INC	210,121	0	For
CONNING INC.	199,242	0	For
BlackRock	159,837	0	For
GEODE CAPITAL MANAGEMENT, LLC	153,703	0	For
State Street	129,916	0	For
Orchard Capital Management, LLC	0	69,433	Against
Northern Trust	57,331	0	For
Vanguard	51,309	0	For
Renaissance	50,486	0	For
Dimensional	50,027	0	For
BRIDGEWAY CAPITAL MANAGEMENT, LLC	50,000	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	28,340	0	For
Allianz	0	27,049	Against
Charles Schwab	25,312	0	For
MELLON INVESTMENTS Corp	0	21,934	Against
Nuveen	18,573	0	For
Philadelphia Financial Management of San Francisco, LLC	12,482	0	For
Goldman Sachs	4,859	7,469	Mixed
AllianceBernstein	9,060	0	For
T. Rowe Price	7,696	0	For
AQR	6,799	0	For
Orion Porfolio Solutions, LLC	5,611	0	For
WASHINGTON STATE INVESTMENT BOARD	3,668	0	For

Institutional-manager reports, all 81 managers: 3,595,248 for, 132,379 against. Showing the 25 largest; see all in the interactive database.

10. 2. Ratification of Appointment of Independent Registered Public Accounting Firm

Official resultAUDIT-RELATEDReported outcome: Approved

99.5% Approved · of votes cast

FOR 99.5%

FOR: 19,134,720AGAINST: 92,312

Details: description as filed, official tally, votes by 35 asset managers

Description as filed by funds: RATIFICATION OF APPOINTMENT OF FORVIS MAZARS, LLP AS INDEPENDENT REGISTERED ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026.

NI Holdings, Inc.’s own tally for this item (“2. Ratification of Appointment of Independent Registered Public Accounting Firm”): 19,134,720 for, 92,312 against — passed, per its Form 8-K filed May 26, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of Forvis Mazars, LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026, was ratified based upon the following votes:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 35 asset managers below reported 1,048,751 for.

FOR

FOR: 1,048,751

Largest asset managers voting on “RATIFICATION OF APPOINTMENT OF FORVIS MAZARS, LLP AS INDEPENDENT REGISTERED ACCOUNTING FIRM FOR THE FISCAL YEA” at NI Holdings, Inc., 2025-2026
Asset manager	For	Vote
Vanguard	329,045	For
BlackRock	299,505	For
Fidelity	127,788	For
Dimensional	83,411	For
BRIDGEWAY FUNDS INC	50,000	For
EA Series Trust	30,974	For
Charles Schwab	25,099	For
TIAA	18,385	For
Equitable	16,935	For
QUANTITATIVE MASTER SERIES LLC	13,658	For
Goldman Sachs	12,282	For
Lincoln Financial	5,263	For
Jackson National	4,100	For
AIG/SunAmerica	3,667	For
Global X	3,387	For
Pacific Life	3,062	For
Northern Trust	3,011	For
State Street	2,706	For
Bridge Builder Trust	2,677	For
SEI	2,300	For
Nationwide	1,942	For
American Century	1,267	For
Prudential/PGIM	1,170	For
Invesco	1,134	For
ProShares	1,119	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

Largest NI Holdings, Inc. shareholders voting in 2025-2026

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 20,481,437 shares outstanding at the time of that meeting.

Fund voting reports: top NI Holdings, Inc. shareholders by shares voted on “Advisory Vote to Approve the Compensation of our Named Executive Officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	1.61%
2	BlackRock	1.46%
3	Fidelity	0.62%
4	Dimensional	0.41%
5	BRIDGEWAY FUNDS INC	0.24%
6	EA Series Trust	0.15%
7	Charles Schwab	0.12%
8	TIAA	0.09%
9	Equitable	0.08%
10	QUANTITATIVE MASTER SERIES LLC	0.07%

Institutional-manager reports: top NI Holdings, Inc. shareholders by shares voted on “Advisory Vote to Approve the Compensation of our Named Executive Officers.”, 2025-2026
#	Asset manager	% of shares outstanding
1	M3F, Inc.	8.07%
2	Newtyn Management, LLC	3.27%
3	TCW GROUP INC	1.03%
4	CONNING INC.	0.97%
5	BlackRock	0.78%
6	GEODE CAPITAL MANAGEMENT, LLC	0.75%
7	State Street	0.63%
8	Orchard Capital Management, LLC	0.34%
9	Northern Trust	0.28%
10	Vanguard	0.25%

Reported NI Holdings, Inc. 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.

NI Holdings, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Nodak Mutual Group, Inc.	61.76%	DEF14A
M3 Funds, LLC	8.07%	13G
M3 Partners, L.P.	6.52%	DEF14A
BlackRock	2.58%	13F
Vanguard Group	1.79%	13F
Dimensional Fund Advisors	1.67%	13F
Geode Capital	0.75%	13F
State Street	0.68%	13F
Renaissance Technologies	0.44%	13F
Northern Trust	0.31%	13F

Percentages above are of 20,481,437 shares outstanding, as reported by NI Holdings, Inc. on its Form 10-Q dated April 30, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 NI Holdings, Inc.’s 10-Q dated April 30, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At NI Holdings, Inc.'s shareholder meeting held May 19, 2026, in the 2025-2026 proxy season, 103 asset managers reported how they voted on 10 ballot items in their SEC Form N-PX filings, covering 1,016 separate fund positions. On the most widely held item on that ballot — Advisory Vote to Approve the Compensation of our Named Executive Officers. — NI Holdings, Inc.'s filing reports the proposal as approved, with 93% support 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). Source: NI Holdings, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 26, 2026.

NI Holdings, Inc. proxy season coverage: 2025-2026 (this page).

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