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TERAWULF INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TERAWULF INC.’s Form 8-K, filed May 7, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 12Ballot items
  • 202Asset managers
  • 2,216Fund votes
  • May 5, 2025Meeting date

Results at a glance

Meeting of May 5, 2025: 12 items on TERAWULF INC.’s Form 8-K, filed May 7, 2025: 9 elected · 3 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: 2023-2024 2024-2025 2025-2026

Explore TERAWULF INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by TERAWULF INC.

These tallies are TERAWULF INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 7, 2025 (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.

TERAWULF INC. — official shareholder meeting results, meeting held May 5, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Paul Prager 151,766,724---- 2,334,52994,858,561 98%Elected—
Elect Director: Nazar Khan 149,404,700---- 4,696,55394,858,561 97%Elected—
Elect Director: Kerri Langlais 149,394,097---- 4,707,15694,858,561 97%Elected—
Elect Director: Michael Bucella 152,362,476---- 1,738,77794,858,561 99%Elected—
Elect Director: Walter Carter 152,370,758---- 1,730,49594,858,561 99%Elected—
Elect Director: Amanda Fabiano 152,402,872---- 1,698,38194,858,561 99%Elected—
Elect Director: Catherine Motz 152,257,037---- 1,844,21694,858,561 99%Elected—
Elect Director: Steven Pincus 145,673,466---- 8,427,78794,858,561 95%Elected—
Elect Director: Lisa Prager 139,079,484---- 15,021,76994,858,561 90%Elected—
Proposal 2 - Non-binding, Advisory Vote on Executive Compensation: Our shareholders approved the 2024 compensation of TeraWulf's named executives. The voting results were as follows: 113,214,63140,150,413736,209 --94,858,561 74%Approved—
Proposal 3: Ratification of appointment of Deloitte & Touche LLP ("Deloitte") as TeraWulf's Independent Registered Public Accounting Firm for 2025: Our shareholders ratified the selection of Deloitte as our independent registered public accounting firm for 202 246,403,1861,546,5621,010,066 --0 99.3%Approved—
Proposal 4: Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares thereunder: Our shareholders approved the amendment to our 2021 Omnibus Incentive Plan 133,481,25819,700,540919,455 --94,858,561 87%Approved—

Source: TERAWULF INC., Form 8-K, filed with the SEC on May 7, 2025 — read the filing on EDGAR.

How asset managers voted at the TERAWULF INC. 2024-2025 meeting

Each item below shows how the 202 asset managers that disclosed a TERAWULF 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: Amanda Fabiano

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 152,402,872WITHHELD: 1,698,381
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Amanda Fabiano

TERAWULF INC.’s own tally for this item (“Elect Director: Amanda Fabiano”): 152,402,872 for, 1,698,381 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,520,600 for, 198,818 withheld.

FOR
FOR: 37,520,600WITHHOLD: 198,818
Largest asset managers voting on “Election of directors: Amanda Fabiano” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

2. Elect Director: Catherine Motz

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 152,257,037WITHHELD: 1,844,216
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Catherine Motz

TERAWULF INC.’s own tally for this item (“Elect Director: Catherine Motz”): 152,257,037 for, 1,844,216 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,520,600 for, 198,818 withheld.

FOR
FOR: 37,520,600WITHHOLD: 198,818
Largest asset managers voting on “Election of directors: Catherine Motz” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

3. Elect Director: Kerri Langlais

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 149,394,097WITHHELD: 4,707,156
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Kerri Langlais

TERAWULF INC.’s own tally for this item (“Elect Director: Kerri Langlais”): 149,394,097 for, 4,707,156 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,241,664 for, 477,754 withheld.

FOR
FOR: 37,241,664WITHHOLD: 477,754
Largest asset managers voting on “Election of directors: Kerri Langlais” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial46,2770 0193,300Mixed
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

4. Elect Director: Lisa Prager

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 139,079,484WITHHELD: 15,021,769
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Lisa Prager

TERAWULF INC.’s own tally for this item (“Elect Director: Lisa Prager”): 139,079,484 for, 15,021,769 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 33,244,012 for, 4,361,957 withheld, 113,449 abstained.

FOR
FOR: 33,244,012ABSTAIN: 113,449WITHHOLD: 4,361,957
Largest asset managers voting on “Election of directors: Lisa Prager” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab00 02,479,774Withhold
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X00 0783,985Withhold
Hartford635,7890 00For
VanEck ETF Trust00 0571,050Withhold
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial46,2770 0193,300Mixed
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM00 113,4310Abstain
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

5. Elect Director: Michael Bucella

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 152,362,476WITHHELD: 1,738,777
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Michael Bucella

TERAWULF INC.’s own tally for this item (“Elect Director: Michael Bucella”): 152,362,476 for, 1,738,777 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,548,593 for, 170,825 withheld.

FOR
FOR: 37,548,593WITHHOLD: 170,825
Largest asset managers voting on “Election of directors: Michael Bucella” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

6. Elect Director: Nazar Khan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 149,404,700WITHHELD: 4,696,553
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Nazar Khan

TERAWULF INC.’s own tally for this item (“Elect Director: Nazar Khan”): 149,404,700 for, 4,696,553 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,241,664 for, 477,754 withheld.

FOR
FOR: 37,241,664WITHHOLD: 477,754
Largest asset managers voting on “Election of directors: Nazar Khan” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial46,2770 0193,300Mixed
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

7. Elect Director: Paul Prager

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 151,766,724WITHHELD: 2,334,529
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Paul Prager

TERAWULF INC.’s own tally for this item (“Elect Director: Paul Prager”): 151,766,724 for, 2,334,529 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,547,336 for, 172,082 withheld.

FOR
FOR: 37,547,336WITHHOLD: 172,082
Largest asset managers voting on “Election of directors: Paul Prager” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

8. Elect Director: Steven Pincus

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 145,673,466WITHHELD: 8,427,787
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Steven Pincus

TERAWULF INC.’s own tally for this item (“Elect Director: Steven Pincus”): 145,673,466 for, 8,427,787 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 33,024,738 for, 1,101,787 withheld, 3,592,893 abstained.

FOR
FOR: 33,024,738ABSTAIN: 3,592,893WITHHOLD: 1,101,787
Largest asset managers voting on “Election of directors: Steven Pincus” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock5520 3,430,7700Abstain
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity496,9860 0773,219Mixed
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable244,3790 069,382Mixed
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC00 105,5970Abstain

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

9. Elect Director: Walter Carter

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 152,370,758WITHHELD: 1,730,495
Details: description as filed, official tally, votes by 58 asset managers

Description as filed by funds: Election of directors: Walter Carter

TERAWULF INC.’s own tally for this item (“Elect Director: Walter Carter”): 152,370,758 for, 1,730,495 withheld, per its Form 8-K filed May 7, 2025 (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 results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 58 asset managers below reported 37,520,600 for, 198,818 withheld.

FOR
FOR: 37,520,600WITHHOLD: 198,818
Largest asset managers voting on “Election of directors: Walter Carter” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 0164,158Withhold
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 58 asset managers. See all 58 in the interactive database.

10. Proposal 4: Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares…

Official resultFund totals may overlapCOMPENSATIONReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

87% Approved · of votes cast

FOR 87%
FOR: 133,481,258AGAINST: 19,700,540
Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: THE APPROVAL OF AN AMENDMENT TO THE 2021 OMNIBUS INCENTIVE COMPENSATION PLAN TO INCREASE THE NUMBER OF AVAILABLE SHARES THEREUNDER.

TERAWULF INC.’s own tally for this item (“Proposal 4: Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares thereunder: Our shareholders approved the amendment to our 2021 Omnibus Incentive Plan”): 133,481,258 for, 19,700,540 against — passed, per its Form 8-K filed May 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 4 - Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares thereunder: Our shareholders approved the amendment to our 2021 Omnibus Incentive Plan.”
Support: 87% 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: 58 asset managers voting on “THE APPROVAL OF AN AMENDMENT TO THE 2021 OMNIBUS INCENTIVE COMPENSATION PLAN TO INCREASE THE NUMBER OF AVAILAB” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II01,913,368 00Against
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason01,251,000 00Against
First Trust0829,876 00Against
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam0519,613 00Against
EXCHANGE TRADED CONCEPTS TRUST0433,857 00Against
Equitable69,382244,379 00Mixed
Guardian Variable Products Trust0291,500 00Against
Siren ETF Trust244,1110 00For
Lincoln Financial193,30046,277 00Mixed
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 164,1580Abstain
Goldman Sachs0132,006 00Against
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Fund voting reports, all 58 managers: 31,376,016 for, 6,172,577 against, 170,825 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 7 asset managers voting on “THE APPROVAL OF AN AMENDMENT TO THE 2021 OMNIBUS INCENTIVE COMPENSATION PLAN TO INCREASE THE NUMBER OF AVAILAB” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
AXXCESS WEALTH MANAGEMENT, LLC1,000,0000 00For
Union Investment Management GmbH0449,680 00Against
1492 Capital Management LLC85,1950 00For
Evolution Wealth Advisors, LLC20,7700 00For
UNITED CAPITAL FINANCIAL ADVISORS, LLC12,5910 00For
Janney Montgomery Scott LLC1,2000 00For
Summit Trail Advisors, LLC7150 00For

Institutional-manager reports, all 7 managers: 1,120,471 for, 449,680 against.

11. Proposal 2 - Non-binding, Advisory Vote on Executive Compensation: Our shareholders approved the 2024 compensation of…

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

Combines 12 wordings of this item as funds reported it.

74% Approved · of votes cast

FOR 74%AGAINST
FOR: 113,214,631AGAINST: 40,150,413
Details: description as filed, official tally, votes by 200 asset managers

Description as filed by funds: The approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-Pay").

TERAWULF INC.’s own tally for this item (“Proposal 2 - Non-binding, Advisory Vote on Executive Compensation: Our shareholders approved the 2024 compensation of TeraWulf's named executives. The voting results were as follows:”): 113,214,631 for, 40,150,413 against — passed, per its Form 8-K filed May 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 - Non-binding, Advisory Vote on Executive Compensation: Our shareholders approved the 2024 compensation of TeraWulf's named executives.”
Support: 74% 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: 58 asset managers voting on “The approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-P” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock5523,430,770 00Against
Charles Schwab02,479,774 00Against
Valkyrie ETF Trust II01,913,368 00Against
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity01,270,205 00Against
Legg Mason01,251,000 00Against
First Trust0829,876 00Against
Global X0783,985 00Against
Hartford0635,789 00Against
VanEck ETF Trust0571,050 00Against
Amplify ETF Trust540,8070 00For
Northwestern Mutual0524,266 00Against
Putnam0519,613 00Against
EXCHANGE TRADED CONCEPTS TRUST0433,857 00Against
Equitable0313,761 00Against
Guardian Variable Products Trust0291,500 00Against
Siren ETF Trust244,1110 00For
Lincoln Financial193,30046,277 00Mixed
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 164,1580Abstain
Goldman Sachs0132,006 00Against
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM0113,431 00Against
QUANTITATIVE MASTER SERIES LLC0105,597 00Against

Fund voting reports, all 58 managers: 21,185,869 for, 16,362,724 against, 170,825 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 158 asset managers voting on “The approval, on a non-binding, advisory basis, of the compensation of our named executive officers ("Say-on-P” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
SCOGGIN MANAGEMENT LP04,000,000 00Against
BlackRock162,0333,124,887 00Against
State Street2,794,54774,217 00For
ARDSLEY ADVISORY PARTNERS LP02,674,019 00Against
Charles Schwab02,479,817 00Against
Senator Investment Group LP02,183,600 00Against
Wellington01,814,624 00Against
Clearbridge Investments, LLC01,613,490 00Against
Duquesne Family Office LLC1,472,2250 00For
Northern Trust1,308,86140,545 00For
AXXCESS WEALTH MANAGEMENT, LLC1,000,0000 00For
Universal-Investment-Gesellschaft mbH0665,962 00Against
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC0624,715 00Against
VAN ECK ASSOCIATES CORP0571,050 00Against
GEODE CAPITAL MANAGEMENT, LLC0545,017 00Against
Putnam0519,780 00Against
Union Investment Management GmbH0449,680 00Against
MELLON INVESTMENTS Corp446,4060 00For
Invesco0429,536 00Against
AQR0425,536 00Against
G2 Investment Partners Management LLC364,6100 00For
Uniplan Investment Counsel, Inc.340,6850 00For
UBS0336,602 00Against
Hodges Capital Management Inc.264,6090 00For
Two Seas Capital LP264,3710 00For

Institutional-manager reports, all 158 managers: 9,296,370 for, 26,013,605 against, 35,692 abstained, 0 not voted. Showing the 25 largest; see all in the interactive database.

12. Proposal 3: Ratification of appointment of Deloitte & Touche LLP ("Deloitte") as TeraWulf's Independent Registered…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

99.3% Approved · of votes cast

FOR 99.3%
FOR: 246,403,186AGAINST: 1,546,562
Details: description as filed, official tally, votes by 59 asset managers

Description as filed by funds: The ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025; and

TERAWULF INC.’s own tally for this item (“Proposal 3: Ratification of appointment of Deloitte & Touche LLP ("Deloitte") as TeraWulf's Independent Registered Public Accounting Firm for 2025: Our shareholders ratified the selection of Deloitte as our independent r”): 246,403,186 for, 1,546,562 against — passed, per its Form 8-K filed May 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3 - Ratification of appointment of Deloitte & Touche LLP ("Deloitte") as TeraWulf's Independent Registered Public Accounting Firm for 2025: Our shareholders ratified the selection of Deloitte as our independent registered public accounting firm for 2025.”
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 59 asset managers below reported 37,548,593 for, 190,825 abstained.

FOR
FOR: 37,548,593ABSTAIN: 190,825
Largest asset managers voting on “The ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public ac” at TERAWULF INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard17,971,4690 00For
BlackRock3,431,3220 00For
Charles Schwab2,479,7740 00For
Valkyrie ETF Trust II1,913,3680 00For
NORTHERN LIGHTS FUND TRUST II1,750,0000 00For
Fidelity1,270,2050 00For
Legg Mason1,251,0000 00For
First Trust829,8760 00For
Global X783,9850 00For
Hartford635,7890 00For
VanEck ETF Trust571,0500 00For
Amplify ETF Trust540,8070 00For
Northwestern Mutual524,2660 00For
Putnam519,6130 00For
EXCHANGE TRADED CONCEPTS TRUST433,8570 00For
Equitable313,7610 00For
Guardian Variable Products Trust291,5000 00For
Siren ETF Trust244,1110 00For
Lincoln Financial239,5770 00For
Northern Lights Fund Trust IV198,5300 00For
ETF Opportunities Trust00 164,1580Abstain
Goldman Sachs132,0060 00For
Northern Trust122,6150 00For
TIFF INVESTMENT PROGRAM113,4310 00For
QUANTITATIVE MASTER SERIES LLC105,5970 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

Largest TERAWULF INC. 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 408,198,263 shares outstanding at the time of that meeting.

Fund voting reports: top TERAWULF INC. shareholders by shares voted on “The approval, on a non-binding, advisory basis, of the compensation of our named executive…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 4.40%
2BlackRock 0.84%
3Charles Schwab 0.61%
4Valkyrie ETF Trust II 0.47%
5NORTHERN LIGHTS FUND TRUST II 0.43%
6Fidelity 0.31%
7Legg Mason 0.31%
8First Trust 0.20%
9Global X 0.19%
10Hartford 0.16%
Institutional-manager reports: top TERAWULF INC. shareholders by shares voted on “The approval, on a non-binding, advisory basis, of the compensation of our named executive…”, 2024-2025
#Asset manager % of shares outstanding
1SCOGGIN MANAGEMENT LP 0.98%
2BlackRock 0.81%
3State Street 0.70%
4ARDSLEY ADVISORY PARTNERS LP 0.66%
5Charles Schwab 0.61%
6Senator Investment Group LP 0.53%
7Wellington 0.44%
8Clearbridge Investments, LLC 0.40%
9Duquesne Family Office LLC 0.36%
10Northern Trust 0.33%

Reported TERAWULF 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.

TERAWULF INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Paul B. Prager 10.62% 13D
BANK OF NOVA SCOTIA 6.71% 13G
BlackRock 5.94% 13F
Vanguard Group 5.85% 13F
Lone Pine Capital LLC 5.33% 13G
Bayshore Capital LLC 4.86% 13D
Citadel Advisors 3.26% 13F
Geode Capital 2.06% 13F
State Street 1.82% 13F
Dimensional Fund Advisors 1.64% 13F

Percentages above are of 408,198,263 shares outstanding, as reported by TERAWULF INC. on its Form 10-Q dated March 31, 2025 (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 TERAWULF INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At TERAWULF INC.'s shareholder meeting held May 5, 2025, in the 2024-2025 proxy season, 202 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 2,216 separate fund positions. On the most widely held item on that ballot — The approval, on a non-binding, advisory basis, of the compensation of our named executive… — TERAWULF INC.'s filing reports the proposal as approved, with 74% 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: TERAWULF INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 7, 2025.

TERAWULF INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

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