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Target Hospitality Corp. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Target Hospitality Corp.’s Form 8-K, filed May 21, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

9Ballot items
155Asset managers
1,469Fund votes
May 21, 2026Meeting date

Results at a glance

Meeting of May 21, 2026: 9 items on Target Hospitality Corp.’s Form 8-K, filed May 21, 2026: 3 approved · 6 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 Target Hospitality Corp. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Target Hospitality Corp.

These tallies are Target Hospitality Corp.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 21, 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.

Target Hospitality Corp. — official shareholder meeting results, meeting held May 21, 2026
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: James B. Archer	89,851,798	--	--	62,540	5,169,523	99.9%	Not verified	—
Elect Director: Alex Hernandez	89,814,628	--	--	99,710	5,169,523	99.8%	Not verified	—
Elect Director: Martin L. Jimmerson	89,668,417	--	--	245,921	5,169,523	99.7%	Not verified	—
Elect Director: Linda Medler	89,830,440	--	--	83,898	5,169,523	99.9%	Not verified	—
Elect Director: Pamela H. Patenaude	87,386,598	--	--	2,527,740	5,169,523	97%	Not verified	—
Elect Director: Stephen Robertson	87,640,029	--	--	2,274,309	5,169,523	97%	Not verified	—
2. Ratification of Appointment of Independent Auditor	95,036,992	33,243	13,626	--	--	99.9%	Approved	—
3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay)	76,833,468	12,485,993	594,877	--	5,169,523	86%	Approved	—
4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan	83,736,799	5,627,283	550,256	--	5,169,523	94%	Approved	—

Source: Target Hospitality Corp., Form 8-K, filed with the SEC on May 21, 2026 — read the filing on EDGAR.

How asset managers voted at the Target Hospitality Corp. 2025-2026 meeting

Each item below shows how the 155 asset managers that disclosed a Target Hospitality Corp. 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: Alex Hernandez

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 89,814,628WITHHELD: 99,710

Details: description as filed, official tally, votes by 54 asset managers

Description as filed by funds: Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified: Alex Hernandez

Target Hospitality Corp.’s own tally for this item (“Elect Director: Alex Hernandez”): 89,814,628 for, 99,710 withheld, per its Form 8-K filed May 21, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 54 asset managers below reported 7,179,043 for, 12,300 withheld.

FOR

FOR: 7,179,043WITHHOLD: 12,300

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Withheld	Vote
Vanguard	1,698,047	0	For
BlackRock	1,173,315	0	For
American Century	1,117,356	0	For
Fidelity	763,429	12,300	For
Dimensional	512,910	0	For
Royce	449,965	0	For
FundVantage Trust	326,045	0	For
Charles Schwab	266,716	0	For
EA Series Trust	185,028	0	For
Equitable	73,549	0	For
TIAA	64,930	0	For
Northern Lights Fund Trust IV	62,083	0	For
Invesco	59,381	0	For
QUANTITATIVE MASTER SERIES LLC	56,241	0	For
BRIDGEWAY FUNDS INC	44,145	0	For
Capitol Series Trust	42,000	0	For
Goldman Sachs	29,539	0	For
Pacific Life	29,385	0	For
Lincoln Financial	24,087	0	For
JPMorgan	23,954	0	For
John Hancock	16,475	0	For
AIG/SunAmerica	16,151	0	For
Bridge Builder Trust	15,518	0	For
Global X	15,156	0	For
Northern Trust	14,180	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

2. Elect Director: James B. Archer

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 89,851,798WITHHELD: 62,540

Details: description as filed, official tally, votes by 54 asset managers

Target Hospitality Corp.’s own tally for this item (“Elect Director: James B. Archer”): 89,851,798 for, 62,540 withheld, per its Form 8-K filed May 21, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 54 asset managers below reported 7,187,595 for, 896 withheld, 2,852 abstained.

FOR

FOR: 7,187,595ABSTAIN: 2,852WITHHOLD: 896

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	1,695,195	2,852	For
BlackRock	1,173,315	0	For
American Century	1,117,356	0	For
Fidelity	775,729	0	For
Dimensional	512,910	0	For
Royce	449,965	0	For
FundVantage Trust	326,045	0	For
Charles Schwab	266,716	0	For
EA Series Trust	185,028	0	For
Equitable	73,549	0	For
TIAA	64,930	0	For
Northern Lights Fund Trust IV	62,083	0	For
Invesco	59,381	0	For
QUANTITATIVE MASTER SERIES LLC	56,241	0	For
BRIDGEWAY FUNDS INC	44,145	0	For
Capitol Series Trust	42,000	0	For
Goldman Sachs	29,539	0	For
Pacific Life	29,385	0	For
Lincoln Financial	24,087	0	For
JPMorgan	23,954	0	For
John Hancock	16,475	0	For
AIG/SunAmerica	16,151	0	For
Bridge Builder Trust	15,518	0	For
Global X	15,156	0	For
Northern Trust	14,180	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

3. Elect Director: Linda Medler

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 89,830,440WITHHELD: 83,898

Details: description as filed, official tally, votes by 54 asset managers

Target Hospitality Corp.’s own tally for this item (“Elect Director: Linda Medler”): 89,830,440 for, 83,898 withheld, per its Form 8-K filed May 21, 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.

The 54 asset managers below reported 7,188,259 for, 3,084 withheld.

FOR

FOR: 7,188,259WITHHOLD: 3,084

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Vote
Vanguard	1,698,047	For
BlackRock	1,173,315	For
American Century	1,117,356	For
Fidelity	775,729	For
Dimensional	512,910	For
Royce	449,965	For
FundVantage Trust	326,045	For
Charles Schwab	266,716	For
EA Series Trust	185,028	For
Equitable	73,549	For
TIAA	64,930	For
Northern Lights Fund Trust IV	62,083	For
Invesco	59,381	For
QUANTITATIVE MASTER SERIES LLC	56,241	For
BRIDGEWAY FUNDS INC	44,145	For
Capitol Series Trust	42,000	For
Goldman Sachs	29,539	For
Pacific Life	29,385	For
Lincoln Financial	24,087	For
JPMorgan	23,954	For
John Hancock	16,475	For
AIG/SunAmerica	16,151	For
Bridge Builder Trust	15,518	For
Global X	15,156	For
Northern Trust	14,180	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

4. Elect Director: Martin L. Jimmerson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 89,668,417WITHHELD: 245,921

Details: description as filed, official tally, votes by 54 asset managers

Target Hospitality Corp.’s own tally for this item (“Elect Director: Martin L. Jimmerson”): 89,668,417 for, 245,921 withheld, per its Form 8-K filed May 21, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 54 asset managers below reported 7,172,211 for, 16,280 withheld, 2,852 abstained.

FOR

FOR: 7,172,211ABSTAIN: 2,852WITHHOLD: 16,280

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	1,695,195	2,852	0	For
BlackRock	1,173,315	0	0	For
American Century	1,117,356	0	0	For
Fidelity	763,429	0	12,300	For
Dimensional	512,910	0	0	For
Royce	449,965	0	0	For
FundVantage Trust	326,045	0	0	For
Charles Schwab	266,716	0	0	For
EA Series Trust	185,028	0	0	For
Equitable	73,549	0	0	For
TIAA	64,930	0	0	For
Northern Lights Fund Trust IV	62,083	0	0	For
Invesco	59,381	0	0	For
QUANTITATIVE MASTER SERIES LLC	56,241	0	0	For
BRIDGEWAY FUNDS INC	44,145	0	0	For
Capitol Series Trust	42,000	0	0	For
Goldman Sachs	29,539	0	0	For
Pacific Life	29,385	0	0	For
Lincoln Financial	24,087	0	0	For
JPMorgan	23,954	0	0	For
John Hancock	16,475	0	0	For
AIG/SunAmerica	16,151	0	0	For
Bridge Builder Trust	15,518	0	0	For
Global X	15,156	0	0	For
Northern Trust	14,180	0	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

5. Elect Director: Pamela H. Patenaude

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 87,386,598WITHHELD: 2,527,740

Details: description as filed, official tally, votes by 54 asset managers

Target Hospitality Corp.’s own tally for this item (“Elect Director: Pamela H. Patenaude”): 87,386,598 for, 2,527,740 withheld, per its Form 8-K filed May 21, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 54 asset managers below reported 5,515,407 for, 245,832 withheld, 1,430,103 abstained.

FORABSTAIN

FOR: 5,515,407ABSTAIN: 1,430,103WITHHOLD: 245,832

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	1,696,738	1	1,307	For
BlackRock	0	1,173,315	0	Abstain
American Century	1,117,356	0	0	For
Fidelity	726,161	0	49,568	Mixed
Dimensional	512,910	0	0	For
Royce	449,965	0	0	For
FundVantage Trust	326,045	0	0	For
Charles Schwab	266,716	0	0	For
EA Series Trust	0	185,028	0	Abstain
Equitable	27,820	0	45,729	Mixed
TIAA	0	0	64,930	Withhold
Northern Lights Fund Trust IV	62,083	0	0	For
Invesco	0	0	59,381	Withhold
QUANTITATIVE MASTER SERIES LLC	0	56,241	0	Abstain
BRIDGEWAY FUNDS INC	44,145	0	0	For
Capitol Series Trust	42,000	0	0	For
Goldman Sachs	29,539	0	0	For
Pacific Life	16,369	0	13,016	Mixed
Lincoln Financial	24,087	0	0	For
JPMorgan	23,954	0	0	For
John Hancock	16,475	0	0	For
AIG/SunAmerica	16,151	0	0	For
Bridge Builder Trust	0	15,518	0	Abstain
Global X	15,156	0	0	For
Northern Trust	14,180	0	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

6. Elect Director: Stephen Robertson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 87,640,029WITHHELD: 2,274,309

Details: description as filed, official tally, votes by 54 asset managers

Target Hospitality Corp.’s own tally for this item (“Elect Director: Stephen Robertson”): 87,640,029 for, 2,274,309 withheld, per its Form 8-K filed May 21, 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.

The 54 asset managers below reported 5,648,270 for, 110,117 withheld, 1,432,955 abstained.

FORABSTAIN

FOR: 5,648,270ABSTAIN: 1,432,955WITHHOLD: 110,117

Largest asset managers voting on “Elect as directors the 6 nominees listed in the Proxy Statement to serve until the 2027 Annual Meeting of Stoc” at Target Hospitality Corp., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	1,693,886	2,853	1,307	For
BlackRock	0	1,173,315	0	Abstain
American Century	1,117,356	0	0	For
Fidelity	738,461	0	37,268	For
Dimensional	512,910	0	0	For
Royce	449,965	0	0	For
FundVantage Trust	326,045	0	0	For
Charles Schwab	266,716	0	0	For
EA Series Trust	0	185,028	0	Abstain
Equitable	27,820	0	45,729	Mixed
TIAA	64,930	0	0	For
Northern Lights Fund Trust IV	62,083	0	0	For
Invesco	59,381	0	0	For
QUANTITATIVE MASTER SERIES LLC	0	56,241	0	Abstain
BRIDGEWAY FUNDS INC	44,145	0	0	For
Capitol Series Trust	42,000	0	0	For
Goldman Sachs	29,539	0	0	For
Pacific Life	16,369	0	13,016	Mixed
Lincoln Financial	24,087	0	0	For
JPMorgan	23,954	0	0	For
John Hancock	16,475	0	0	For
AIG/SunAmerica	16,151	0	0	For
Bridge Builder Trust	0	15,518	0	Abstain
Global X	15,156	0	0	For
Northern Trust	14,180	0	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

7. 4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan

Official result Fund totals may overlapCOMPENSATIONReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

FOR: 83,736,799AGAINST: 5,627,283

Details: description as filed, official tally, votes by 55 asset managers

Description as filed by funds: THIRD AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN.

Target Hospitality Corp.’s own tally for this item (“4. Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan”): 83,736,799 for, 5,627,283 against — passed, per its Form 8-K filed May 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 4: Amend the Incentive Plan Solely to Increase the Number of Shares Authorized for Issuance under the Incentive Plan The stockholders approved amendments to the Target Hospitality Corp.”
Support: 94% 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: 53 asset managers voting on “THIRD AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN.” at Target Hospitality Corp., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	1,698,034	11	1	For
BlackRock	1,173,315	0	0	For
American Century	0	1,117,356	0	Against
Fidelity	775,729	0	0	For
Dimensional	0	512,910	0	Against
Royce	0	0	449,965	Abstain
FundVantage Trust	326,045	0	0	For
Charles Schwab	266,716	0	0	For
EA Series Trust	185,028	0	0	For
Equitable	73,549	0	3,500	For
TIAA	64,930	0	0	For
Northern Lights Fund Trust IV	62,083	0	0	For
Invesco	59,381	0	0	For
QUANTITATIVE MASTER SERIES LLC	56,241	0	0	For
BRIDGEWAY FUNDS INC	0	44,145	0	Against
Capitol Series Trust	0	42,000	0	Against
Goldman Sachs	29,539	0	0	For
Pacific Life	13,016	16,369	0	Mixed
Lincoln Financial	22,400	1,687	0	Mixed
JPMorgan	0	23,954	0	Against
John Hancock	0	16,475	0	Against
AIG/SunAmerica	0	16,151	0	Against
Bridge Builder Trust	15,518	0	0	For
Global X	15,156	0	0	For
Northern Trust	14,180	0	0	For

Fund voting reports, all 53 managers: 4,884,110 for, 1,850,766 against, 459,966 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “THIRD AMENDMENT TO THE TARGET HOSPITALITY CORP. 2019 INCENTIVE AWARD PLAN.” at Target Hospitality Corp., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Private Capital Management, LLC	4,194,301	0	0	0	For

Institutional-manager reports, all 1 managers: 4,194,301 for.

8. 3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay)

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

Combines 5 wordings of this item as funds reported it.

86% Approved · of votes cast

FOR 86%

FOR: 76,833,468AGAINST: 12,485,993

Details: description as filed, official tally, votes by 155 asset managers

Description as filed by funds: Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).

Target Hospitality Corp.’s own tally for this item (“3. Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay)”): 76,833,468 for, 12,485,993 against — passed, per its Form 8-K filed May 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3: Advisory Vote on the Compensation of the Company's Named Executive Officers (Say-on-Pay) The stockholders approved, on an advisory and non-binding basis, the compensation of the named executive officers of the Company.”
Support: 86% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 53 asset managers voting on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).” at Target Hospitality Corp., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	5,052	1,692,993	1	Against
BlackRock	0	1,173,315	0	Against
American Century	0	1,117,356	0	Against
Fidelity	0	775,729	0	Against
Dimensional	0	512,910	0	Against
Royce	0	0	449,965	Abstain
FundVantage Trust	326,045	0	0	For
Charles Schwab	0	266,716	0	Against
EA Series Trust	0	185,028	0	Against
Equitable	3,500	73,549	0	Against
TIAA	64,930	0	0	For
Northern Lights Fund Trust IV	62,083	0	0	For
Invesco	0	59,381	0	Against
QUANTITATIVE MASTER SERIES LLC	0	56,241	0	Against
BRIDGEWAY FUNDS INC	0	44,145	0	Against
Capitol Series Trust	0	42,000	0	Against
Goldman Sachs	0	29,539	0	Against
Pacific Life	0	29,385	0	Against
Lincoln Financial	22,400	1,687	0	Mixed
JPMorgan	23,954	0	0	For
John Hancock	0	16,475	0	Against
AIG/SunAmerica	0	16,151	0	Against
Bridge Builder Trust	0	15,518	0	Against
Global X	0	15,156	0	Against
Northern Trust	0	14,180	0	Against

Fund voting reports, all 53 managers: 525,974 for, 6,218,902 against, 449,966 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 116 asset managers voting on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).” at Target Hospitality Corp., 2025-2026
Asset manager	For	Against	Vote
Private Capital Management, LLC	4,194,301	0	For
Rubric Capital Management LP	1,823,339	0	For
Philadelphia Financial Management of San Francisco, LLC	0	1,429,896	Against
American Century	0	1,169,256	Against
71 West Capital Partners	0	907,322	Against
GEODE CAPITAL MANAGEMENT, LLC	0	840,478	Against
BlackRock	52,598	712,312	Mixed
COOPER CREEK PARTNERS MANAGEMENT LLC	723,619	0	For
State Street	683,857	10,757	For
Renaissance	0	601,166	Against
FIRST SABREPOINT CAPITAL MANAGEMENT LP	560,493	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0	391,408	Against
LONESTAR CAPITAL MANAGEMENT LLC	375,000	0	For
BANK OF MONTREAL /CAN/	274,310	0	For
Charles Schwab	0	266,718	Against
Archon Capital Management LLC	263,705	0	For
Vanguard	0	258,158	Against
Northern Trust	0	237,606	Against
Dimensional	0	210,113	Against
ANTIPODES PARTNERS Ltd	198,819	0	For
Citadel	139,896	0	For
UBS	0	76,676	Against
Legal & General Investment Management Ltd	0	68,293	Against
Nuveen	66,831	0	For
BANK OF AMERICA NA	0	52,820	Against

Institutional-manager reports, all 116 managers: 9,429,821 for, 7,934,641 against. Showing the 25 largest; see all in the interactive database.

9. 2. Ratification of Appointment of Independent Auditor

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99.9% Approved · of votes cast

FOR 99.9%

FOR: 95,036,992AGAINST: 33,243

Details: description as filed, official tally, votes by 54 asset managers

Description as filed by funds: RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026.

Target Hospitality Corp.’s own tally for this item (“2. Ratification of Appointment of Independent Auditor”): 95,036,992 for, 33,243 against — passed, per its Form 8-K filed May 21, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2: Ratification of Appointment of Independent Auditor The stockholders ratified the selection, by the audit committee of the Company's board of directors, of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 54 asset managers below reported 7,194,843 for.

FOR

FOR: 7,194,843

Largest asset managers voting on “RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCA” at Target Hospitality Corp., 2025-2026
Asset manager	For	Vote
Vanguard	1,698,047	For
BlackRock	1,173,315	For
American Century	1,117,356	For
Fidelity	775,729	For
Dimensional	512,910	For
Royce	449,965	For
FundVantage Trust	326,045	For
Charles Schwab	266,716	For
EA Series Trust	185,028	For
Equitable	77,049	For
TIAA	64,930	For
Northern Lights Fund Trust IV	62,083	For
Invesco	59,381	For
QUANTITATIVE MASTER SERIES LLC	56,241	For
BRIDGEWAY FUNDS INC	44,145	For
Capitol Series Trust	42,000	For
Goldman Sachs	29,539	For
Pacific Life	29,385	For
Lincoln Financial	24,087	For
JPMorgan	23,954	For
John Hancock	16,475	For
AIG/SunAmerica	16,151	For
Bridge Builder Trust	15,518	For
Global X	15,156	For
Northern Trust	14,180	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

Largest Target Hospitality Corp. 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 100,163,841 shares outstanding at the time of that meeting.

Fund voting reports: top Target Hospitality Corp. shareholders by shares voted on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	1.70%
2	BlackRock	1.17%
3	American Century	1.12%
4	Fidelity	0.77%
5	Dimensional	0.51%
6	Royce	0.45%
7	FundVantage Trust	0.33%
8	Charles Schwab	0.27%
9	EA Series Trust	0.18%
10	Equitable	0.08%

Institutional-manager reports: top Target Hospitality Corp. shareholders by shares voted on “Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay).”, 2025-2026
#	Asset manager	% of shares outstanding
1	Private Capital Management, LLC	4.19%
2	Rubric Capital Management LP	1.82%
3	Philadelphia Financial Management of San Francisco, LLC	1.43%
4	American Century	1.17%
5	71 West Capital Partners	0.91%
6	GEODE CAPITAL MANAGEMENT, LLC	0.84%
7	BlackRock	0.76%
8	COOPER CREEK PARTNERS MANAGEMENT LLC	0.72%
9	State Street	0.69%
10	Renaissance	0.60%

Reported Target Hospitality Corp. 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.

Target Hospitality Corp. holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Arrow Holdings S.à.r.l	48.92%	DEF14A
TDR Capital LLP	29.83%	13D
MFA Global S.à.r.l	15.60%	DEF14A
BlackRock	2.48%	13F
James B. Archer	1.97%	DEF14A
Vanguard Group	1.95%	13F
Dimensional Fund Advisors	1.43%	13F
Renaissance Technologies	0.95%	13F
State Street	0.77%	13F
Stephen Robertson	0.75%	DEF14A

Percentages above are of 100,163,841 shares outstanding, as reported by Target Hospitality Corp. on its Form 10-Q dated May 6, 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 Target Hospitality Corp.’s 10-Q dated May 6, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At Target Hospitality Corp.'s shareholder meeting held May 21, 2026, in the 2025-2026 proxy season, 155 asset managers reported how they voted on 9 ballot items in their SEC Form N-PX filings, covering 1,469 separate fund positions. On the most widely held item on that ballot — Advisory Vote on the Compensation of our Named Executive Officers (Say on Pay). — Target Hospitality Corp.'s filing reports the proposal as approved, with 86% 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: Target Hospitality Corp.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 21, 2026.

Target Hospitality Corp. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

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