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WaterBridge Infrastructure LLC 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and WaterBridge Infrastructure LLC’s Form 8-K, filed June 24, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 16Reported items
  • 120Asset managers
  • 1,364Fund votes
  • June 18, 2026Meeting date

Results at a glance

Meeting of June 18, 2026: 15 items on WaterBridge Infrastructure LLC’s Form 8-K, filed June 24, 2026: 13 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 WaterBridge Infrastructure LLC in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by WaterBridge Infrastructure LLC

These tallies are WaterBridge Infrastructure LLC’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 24, 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.

WaterBridge Infrastructure LLC — official shareholder meeting results, meeting held June 18, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: David N. Capobianco 89,809,530---- 17,336,3305,144,849 84%Elected—
Elect Director: Jason Long 91,413,636---- 15,732,2245,144,849 85%Elected—
Elect Director: Matthew K. Morrow 89,796,844---- 17,349,0165,144,849 84%Elected—
Elect Director: Michael S. Sulton 89,794,578---- 17,351,2825,144,849 84%Elected—
Elect Director: Frank Bayouth 89,797,109---- 17,348,7515,144,849 84%Elected—
Elect Director: Kara Goodloe Harling 89,797,339---- 17,348,5215,144,849 84%Elected—
Elect Director: Jeffrey Eaton 89,797,074---- 17,348,7865,144,849 84%Elected—
Elect Director: Ben Moore 89,778,881---- 17,366,9795,144,849 84%Elected—
Elect Director: James Crane 102,875,937---- 4,269,9235,144,849 96%Elected—
Elect Director: Greg Daily 105,196,168---- 1,949,6925,144,849 98%Elected—
Elect Director: Jeffrey Ritenour 89,801,011---- 17,344,8495,144,849 84%Elected—
Elect Director: Janet Carrig 106,914,565---- 231,2955,144,849 99.7%Elected—
Elect Director: Valerie P. Chase 106,949,257---- 196,6035,144,849 99.8%Elected—
2. Ratification of the Appointment of Deloitte & Touche LLP as the Independent Registered Public Accounting Firm of the Company for Fiscal Year Ending December 31, 2026 112,126,827152,41211,470 ---- 99.8%Approved—
3. Non-binding, advisory vote to approve the compensation of the Company's Named Executive Officers 107,003,160113,26929,431 --5,144,849 99.8%Approved—

Source: WaterBridge Infrastructure LLC, Form 8-K, filed with the SEC on June 24, 2026 — read the filing on EDGAR.

How asset managers voted at the WaterBridge Infrastructure LLC 2025-2026 meeting

Each item below shows how the 120 asset managers that disclosed a WaterBridge Infrastructure LLC 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of WaterBridge Infrastructure LLC’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Ben Moore

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,778,881WITHHELD: 17,366,979
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Ben Moore

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Ben Moore”): 89,778,881 for, 17,366,979 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

2. Elect Director: David N. Capobianco

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,809,530WITHHELD: 17,336,330
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): David N. Capobianco

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: David N. Capobianco”): 89,809,530 for, 17,336,330 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

3. Elect Director: Frank Bayouth

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,797,109WITHHELD: 17,348,751
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Frank Bayouth

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Frank Bayouth”): 89,797,109 for, 17,348,751 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

4. Elect Director: Greg Daily

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 105,196,168WITHHELD: 1,949,692
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Greg Daily

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Greg Daily”): 105,196,168 for, 1,949,692 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 10,133,376 for, 976 against, 1,136,532 withheld.

FOR
FOR: 10,133,376AGAINST: 976WITHHOLD: 1,136,532
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds125,0000 00For
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard2730 021,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

5. Elect Director: James Crane

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 102,875,937WITHHELD: 4,269,923
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): James Crane

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: James Crane”): 102,875,937 for, 4,269,923 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 8,482,082 for, 976 against, 2,787,826 withheld.

FORWITHHOLD
FOR: 8,482,082AGAINST: 976WITHHOLD: 2,787,826
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price00 01,651,294Withhold
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds125,0000 00For
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard2730 021,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

6. Elect Director: Janet Carrig

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 106,914,565WITHHELD: 231,295
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Janet Carrig

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Janet Carrig”): 106,914,565 for, 231,295 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 11,248,368 for, 976 against, 21,540 withheld.

FOR
FOR: 11,248,368AGAINST: 976WITHHOLD: 21,540
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust544,1680 00For
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower207,6850 00For
Loomis Sayles132,4390 00For
LKCM Funds125,0000 00For
Russell Investments112,5060 00For
NEEDHAM FUNDS INC110,0000 00For
Brighthouse106,2590 00For
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard3490 021,540Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

7. Elect Director: Jason Long

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD
FOR: 91,413,636WITHHELD: 15,732,224
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Jason Long

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Jason Long”): 91,413,636 for, 15,732,224 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 4,111,056 for, 976 against, 7,158,850 withheld, 2 abstained.

FORWITHHOLD
FOR: 4,111,056AGAINST: 976ABSTAIN: 2WITHHOLD: 7,158,850
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes633,0000 00For
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

8. Elect Director: Jeffrey Eaton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,797,074WITHHELD: 17,348,786
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Jeffrey Eaton

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Jeffrey Eaton”): 89,797,074 for, 17,348,786 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

9. Elect Director: Jeffrey Ritenour

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,801,011WITHHELD: 17,344,849
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Jeffrey Ritenour

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Jeffrey Ritenour”): 89,801,011 for, 17,344,849 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

10. Elect Director: Kara Goodloe Harling

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,797,339WITHHELD: 17,348,521
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Kara Goodloe Harling

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Kara Goodloe Harling”): 89,797,339 for, 17,348,521 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

11. Elect Director: Matthew K. Morrow

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,796,844WITHHELD: 17,349,016
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Matthew K. Morrow

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Matthew K. Morrow”): 89,796,844 for, 17,349,016 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

12. Elect Director: Michael S. Sulton

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD
FOR: 89,794,578WITHHELD: 17,351,282
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Michael S. Sulton

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Michael S. Sulton”): 89,794,578 for, 17,351,282 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 3,413,454 for, 976 against, 7,856,452 withheld, 2 abstained.

FORWITHHOLD
FOR: 3,413,454AGAINST: 976ABSTAIN: 2WITHHOLD: 7,856,452
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity54,2520 03,142,580Withhold
T. Rowe Price1,589,5620 061,732For
KINETICS MUTUAL FUNDS INC00 01,213,895Withhold
KINETICS PORTFOLIOS TRUST00 01,213,895Withhold
Federated Hermes00 0633,000Withhold
Ultimus Managers Trust00 0544,168Withhold
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable71,5080 0198,065Mixed
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower00 0207,685Withhold
Loomis Sayles00 0132,439Withhold
LKCM Funds00 0125,000Withhold
Russell Investments00 0112,506Withhold
NEEDHAM FUNDS INC110,0000 00For
Brighthouse00 0106,259Withhold
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust00 048,937Withhold
Transamerica00 047,490Withhold
Vanguard2710 221,616Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 019,690Withhold
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

13. Elect Director: Valerie P. Chase

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 106,949,257WITHHELD: 196,603
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal (Proposal No. 1): Valerie P. Chase

WaterBridge Infrastructure LLC’s own tally for this item (“Elect Director: Valerie P. Chase”): 106,949,257 for, 196,603 withheld, per its Form 8-K filed June 24, 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: “Proposal 1: Election of Directors The Company's shareholders elected all 13 of the director nominees to serve until the 2027 Annual Meeting or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal.”
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 11,248,368 for, 976 against, 21,540 withheld.

FOR
FOR: 11,248,368AGAINST: 976WITHHOLD: 21,540
Largest asset managers voting on “To elect the 13 directors identified in the Proxy Statement to serve for a one-year term or until each such di” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust544,1680 00For
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower207,6850 00For
Loomis Sayles132,4390 00For
LKCM Funds125,0000 00For
Russell Investments112,5060 00For
NEEDHAM FUNDS INC110,0000 00For
Brighthouse106,2590 00For
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard3490 021,540Withhold
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

14. 3. Non-binding, advisory vote to approve the compensation of the Company's Named Executive Officers

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

Combines 9 wordings of this item as funds reported it.

99.8% Approved · of votes cast

FOR 99.8%
FOR: 107,003,160AGAINST: 113,269
Details: description as filed, official tally, votes by 120 asset managers

Description as filed by funds: To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers (Proposal No. 3); and

WaterBridge Infrastructure LLC’s own tally for this item (“3. Non-binding, advisory vote to approve the compensation of the Company's Named Executive Officers”): 107,003,160 for, 113,269 against — passed, per its Form 8-K filed June 24, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's shareholders approved, on a non-binding, advisory basis, the compensation of the Company's Named Executive Officers.”
Support: 99.8% 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: 33 asset managers voting on “To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers (Proposal No. ” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust544,1680 00For
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower207,6850 00For
Loomis Sayles132,4390 00For
LKCM Funds125,0000 00For
Russell Investments112,5060 00For
NEEDHAM FUNDS INC110,0000 00For
Brighthouse106,2590 00For
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard21,8900 00For
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III11,3280 00For

Fund voting reports, all 33 managers: 11,270,885 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 94 asset managers voting on “To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers (Proposal No. ” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
DEVON ENERGY CORP/DE17,757,2250 00For
Fidelity4,066,7150 00For
HORIZON KINETICS ASSET MANAGEMENT LLC3,634,3170 00For
T. Rowe Price2,390,1630 00For
Tensile Capital Management LP984,5740 00For
Ranger Investment Management, L.P.832,0050 00For
AMERIPRISE FINANCIAL INC810,1840 00For
Federated Hermes633,0000 00For
MARSHALL WACE, LLP595,0080 00For
Cinctive Capital Management LP555,2070 00For
Loomis Sayles551,3220 00For
FIRST MANHATTAN CO. LLC.543,7200 00For
Hood River Capital Management LLC520,5830 00For
SILVERCREST ASSET MANAGEMENT GROUP LLC409,4510 00For
Morgan Stanley372,5520 00For
JENNISON ASSOCIATES LLC324,1840 00For
Russell Investments227,5120 00For
Two Sigma191,5450 00For
RBC Capital Markets, LLC154,3770 00For
WESTWOOD HOLDINGS GROUP INC146,7390 00For
KING LUTHER CAPITAL MANAGEMENT CORP143,3800 00For
WELLS FARGO CLEARING SERVICES, LLC127,6430 00For
Citadel118,1610 00For
CAZ INVESTMENTS LP112,5000 00For
BlackRock85,1450 00For

Institutional-manager reports, all 94 managers: 37,005,565 for, 6,562 abstained, 225 not voted. Showing the 25 largest; see all in the interactive database.

15. To approve, on an advisory, non- binding basis, the frequency of future advisory votes on the compensation of our Named…

No official matchFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 5 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

1 YEAR
Details: description as filed, votes by 117 asset managers

Description as filed by funds: To approve, on an advisory, non- binding basis, the frequency of future advisory votes on the compensation of our Named Executive Officers (Proposal No. 4).

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). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 33 asset managers voting on “To approve, on an advisory, non- binding basis, the frequency of future advisory votes on the compensation of ” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Ultimus Managers Trust00 00--
Fidelity00 00--
T. Rowe Price00 00--
KINETICS MUTUAL FUNDS INC00 00--
KINETICS PORTFOLIOS TRUST00 00--
Federated Hermes00 00--
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM00 00--
Manager Directed Portfolios00 00--
Equitable00 00--
NXG Cushing Midstream Energy Fund00 00--
New York Life00 00--
Empower00 00--
Loomis Sayles00 00--
LKCM Funds00 00--
Russell Investments00 00--
NEEDHAM FUNDS INC00 00--
Brighthouse106,2590 00For
Morgan Stanley00 00--
NXG NextGen Infrastructure Income Fund00 00--
First Trust00 00--
Transamerica00 00--
Vanguard00 00--
SPEND LIFE WISELY FUNDS INVESTMENT TRUST00 00--
NORTHERN LIGHTS FUND TRUST III00 00--

Fund voting reports, all 33 managers: 507,235 for, 15,652,317 1 year, 8,843 3 year, 3 unknown. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 91 asset managers voting on “To approve, on an advisory, non- binding basis, the frequency of future advisory votes on the compensation of ” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
DEVON ENERGY CORP/DE00 00--
Fidelity00 00--
HORIZON KINETICS ASSET MANAGEMENT LLC00 00--
T. Rowe Price00 00--
Tensile Capital Management LP00 00--
Ranger Investment Management, L.P.00 00--
AMERIPRISE FINANCIAL INC00 00--
Federated Hermes00 00--
MARSHALL WACE, LLP00 00--
Cinctive Capital Management LP00 00--
Loomis Sayles00 00--
FIRST MANHATTAN CO. LLC.00 00--
Hood River Capital Management LLC00 00--
SILVERCREST ASSET MANAGEMENT GROUP LLC00 00--
Morgan Stanley00 00--
JENNISON ASSOCIATES LLC00 00--
Russell Investments00 00--
Two Sigma00 00--
RBC Capital Markets, LLC00 00--
WESTWOOD HOLDINGS GROUP INC00 00--
KING LUTHER CAPITAL MANAGEMENT CORP00 00--
WELLS FARGO CLEARING SERVICES, LLC00 00--
Citadel00 00--
CAZ INVESTMENTS LP00 00--
BlackRock00 00--

Institutional-manager reports, all 91 managers: 36,996,527 1 year, 8,885 3 year. Showing the 25 largest; see all in the interactive database.

16. 2. Ratification of the Appointment of Deloitte & Touche LLP as the Independent Registered Public Accounting Firm of the…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99.8% Approved · of votes cast

FOR 99.8%
FOR: 112,126,827AGAINST: 152,412
Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026 (Proposal No. 2);

WaterBridge Infrastructure LLC’s own tally for this item (“2. Ratification of the Appointment of Deloitte & Touche LLP as the Independent Registered Public Accounting Firm of the Company for Fiscal Year Ending December 31, 2026”): 112,126,827 for, 152,412 against — passed, per its Form 8-K filed June 24, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2026.”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 11,259,401 for, 11,483 against.

FOR
FOR: 11,259,401AGAINST: 11,483
Largest asset managers voting on “To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for th” at WaterBridge Infrastructure LLC, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,196,8320 00For
T. Rowe Price1,651,2940 00For
KINETICS MUTUAL FUNDS INC1,213,8950 00For
KINETICS PORTFOLIOS TRUST1,213,8950 00For
Federated Hermes633,0000 00For
Ultimus Managers Trust544,1680 00For
REAVES UTILITY INCOME FUND400,0000 00For
Prudential/PGIM294,0810 00For
Manager Directed Portfolios278,1820 00For
Equitable269,5730 00For
NXG Cushing Midstream Energy Fund220,0000 00For
New York Life220,0000 00For
Empower207,6850 00For
Loomis Sayles132,4390 00For
LKCM Funds125,0000 00For
Russell Investments112,5060 00For
NEEDHAM FUNDS INC110,0000 00For
Brighthouse106,2590 00For
Morgan Stanley91,8520 00For
NXG NextGen Infrastructure Income Fund70,0000 00For
First Trust48,9370 00For
Transamerica47,4900 00For
Vanguard21,734155 00For
SPEND LIFE WISELY FUNDS INVESTMENT TRUST19,6900 00For
NORTHERN LIGHTS FUND TRUST III011,328 00Against

Showing the 25 largest of 33 asset managers. See all 33 in the interactive database.

Largest WaterBridge Infrastructure LLC 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 43,889,957 shares outstanding at the time of that meeting.

Fund voting reports: top WaterBridge Infrastructure LLC shareholders by shares voted on “To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers…”, 2025-2026
#Asset manager % of shares outstanding
1Fidelity 7.28%
2T. Rowe Price 3.76%
3KINETICS MUTUAL FUNDS INC 2.77%
4KINETICS PORTFOLIOS TRUST 2.77%
5Federated Hermes 1.44%
6Ultimus Managers Trust 1.24%
7REAVES UTILITY INCOME FUND 0.91%
8Prudential/PGIM 0.67%
9Manager Directed Portfolios 0.63%
10Equitable 0.61%
Institutional-manager reports: top WaterBridge Infrastructure LLC shareholders by shares voted on “To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers…”, 2025-2026
#Asset manager % of shares outstanding
1DEVON ENERGY CORP/DE 40.46%
2Fidelity 9.27%
3HORIZON KINETICS ASSET MANAGEMENT LLC 8.28%
4T. Rowe Price 5.45%
5Tensile Capital Management LP 2.24%
6Ranger Investment Management, L.P. 1.90%
7AMERIPRISE FINANCIAL INC 1.85%
8Federated Hermes 1.44%
9MARSHALL WACE, LLP 1.36%
10Cinctive Capital Management LP 1.26%

Reported WaterBridge Infrastructure LLC 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.

WaterBridge Infrastructure LLC holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
David Capobianco 122.45% 13G
NDB Holdings LLC 94.38% DEF14A
Devon WB Holdco L.L.C. 36.46% 13G
HORIZON KINETICS ASSET MANAGEMENT LLC 16.73% 13G
Desert Environmental Holdings LLC 14.11% DEF14A
FMR (Fidelity) 9.03% 13F
David N. Capobianco 7.77% DEF14A
WBR Holdings LLC 7.77% DEF14A
Morgan Stanley 2.56% 13F
Citadel Advisors 2.19% 13F

Percentages above are of 43,889,957 shares outstanding, as reported by WaterBridge Infrastructure LLC on its Form 10-Q dated March 31, 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.

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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 WaterBridge Infrastructure LLC’s 10-Q dated March 31, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At WaterBridge Infrastructure LLC's shareholder meeting held June 18, 2026, in the 2025-2026 proxy season, 120 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,364 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory, non-binding basis, the compensation of our Named Executive Officers… — WaterBridge Infrastructure LLC's filing reports the proposal as approved, with 99.8% 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: WaterBridge Infrastructure LLC's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 24, 2026.

WaterBridge Infrastructure LLC proxy season coverage: 2025-2026 (this page).

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