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Aehr Test Systems 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Aehr Test Systems’s Form 8-K, filed 2025-10-21 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 13Reported items
  • 167Asset managers
  • 1,673Fund votes
  • 2025-10-20Meeting date

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

Explore Aehr Test Systems in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Aehr Test Systems

These tallies are Aehr Test Systems’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-10-21 (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.

Aehr Test Systems — official shareholder meeting results, meeting held 2025-10-20
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Rhea J. Posedel 11,951,671---- 935,7397,269,294 Majority: yes
Elect Director: Gayn Erickson 12,786,776---- 100,6347,269,294 Majority: yes
Elect Director: Fariba Danesh 12,769,824---- 117,5867,269,294 Majority: yes
Elect Director: Laura Oliphant 12,749,521---- 137,8897,269,294 Majority: yes
Elect Director: Geoffrey G. Scott 12,461,887---- 425,5237,269,294 Majority: yes
Elect Director: Howard T. Slayen 12,501,592---- 385,8187,269,294 Majority: yes
Elect Director: TWO 10,195,2582,557,754134,398 --7,269,294 Majority: yes
Elect Director: THREE 12,426,742408,55852,110 --7,269,294 Majority: yes
Elect Director: FOUR 20,075,91940,52840,257 ---- Majority: yes
Elect Director: FIVE 11,178,9401,610,31498,156 --7,269,294 Majority: yes

Source: Aehr Test Systems, Form 8-K, filed with the SEC on 2025-10-21 — read the filing on EDGAR.

How asset managers voted at the Aehr Test Systems 2025-2026 meeting

Each item below shows how the 167 asset managers that disclosed a Aehr Test Systems 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 Aehr Test Systems’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. Proposal to approve, on an advisory (non-binding) basis, the compensation of the Company's named executive officers

SECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

87% fund support · no official result

FOR 87%13%

The 163 asset managers below cast 87% of the shares they voted on this item FOR (8,367,260 for, 1,204,943 against).

FOR: 8,367,260 (87.4%)AGAINST: 1,204,943 (12.6%)NOT VOTED: 2,441 (0.0%)
Largest asset managers voting on “Proposal to approve, on an advisory (non-binding) basis, the compensation of the Company's named executive off” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity3,106,2410 00For
BAILLIE GIFFORD & CO LTD1,062,5670 00For
BlackRock810,357845 00For
Vanguard631,8680 00For
Baillie Gifford Investment Management (Europe) Ltd330,3320 00For
Wellington0296,109 00Against
RICE HALL JAMES & ASSOCIATES, LLC831289,151 00Against
State Street241,3900 00For
Charles Schwab224,3920 00For
Pier Capital, LLC222,4560 00For
SILVERCREST ASSET MANAGEMENT GROUP LLC0216,584 00Against
KENNEDY CAPITAL MANAGEMENT LLC78,29678,381 00Against
Northern Trust141,5740 00For
Citadel138,7920 00For
DE Shaw138,6830 00For
SEB Asset Management AB0136,135 00Against
GEODE CAPITAL MANAGEMENT, LLC113,9780 00For
HighTower Advisors, LLC102,5860 00For
T. Rowe Price90,1510 00For
Corient Private Wealth LP76,2160 00For
BAILLIE GIFFORD OVERSEAS LTD71,2190 00For
Royce68,8940 00For
MELLON INVESTMENTS Corp65,4110 00For
RBB FUND, INC.65,1590 00For
HERITAGE INVESTORS MANAGEMENT CORP48,4130 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

2. Proposal to hold an advisory (non-binding) vote on the frequency of future advisory (non-binding) votes on the compensation of the Company's named executive officers

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

ONE YEAR 55%1 YEAR 44%

The 163 asset managers below cast 100% of the shares they voted on this item FOR (103,387 for, 0 against).

FOR: 103,387 (1.0%)ONE YEAR: 5,432,596 (55.1%)1 YEAR: 4,299,941 (43.6%)THREE YEARS: 12,864 (0.1%)NOT VOTED: 2,441 (0.0%)3 YEARS: 192 (0.0%)1: 100 (0.0%)
Largest asset managers voting on “Proposal to hold an advisory (non-binding) vote on the frequency of future advisory (non-binding) votes on the” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity00 00One Year
BAILLIE GIFFORD & CO LTD00 001 Year
BlackRock00 001 Year
Vanguard00 00One Year
Baillie Gifford Investment Management (Europe) Ltd00 001 Year
Northern Lights Fund Trust IV00 001 Year
Wellington00 001 Year
RICE HALL JAMES & ASSOCIATES, LLC00 001 Year
State Street00 00One Year
Charles Schwab00 001 Year
Pier Capital, LLC00 001 Year
SILVERCREST ASSET MANAGEMENT GROUP LLC00 001 Year
KENNEDY CAPITAL MANAGEMENT LLC00 00One Year
Northern Trust00 001 Year
Citadel00 00One Year
DE Shaw00 00One Year
SEB Asset Management AB00 00One Year
GEODE CAPITAL MANAGEMENT, LLC00 00One Year
HighTower Advisors, LLC00 00One Year
T. Rowe Price00 00One Year
Corient Private Wealth LP00 001 Year
BAILLIE GIFFORD OVERSEAS LTD00 001 Year
Royce00 00One Year
MELLON INVESTMENTS Corp00 00One Year
RBB FUND, INC.65,1590 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

3. Proposal to approve an amendment to the Company's 2023 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by an additional 2,500,000 shares of common stock

COMPENSATION

97% fund support · no official result

FOR 95%

The 47 asset managers below cast 97% of the shares they voted on this item FOR (3,205,365 for, 86,539 against).

FOR: 3,205,365 (95.4%)AGAINST: 86,539 (2.6%)ABSTAIN: 68,894 (2.0%)UNKNOWN: 100 (0.0%)
Largest asset managers voting on “Proposal to approve an amendment to the Company's 2023 Equity Incentive Plan to increase the number of shares ” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Pier Capital, LLC222,4560 00For
Charles Schwab112,1630 00For
Royce00 68,8940Abstain
RBB FUND, INC.65,1590 00For
Lincoln Financial21,40016,228 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds023,568 00Against
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century08,618 00Against
John Hancock08,312 00Against
Exchange Place Advisors Trust07,888 00Against
Bridge Builder Trust6,7070 00For
SEI5,04258 00For
Prudential/PGIM04,442 00Against
State Street4,3690 00For
DWS03,725 00Against

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

4. Proposal to approve an amendment to the Company's Amended and Restated 2006 Employee Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by an additional 300,000 shares of common stock

COMPENSATION

100% fund support · no official result

FOR 99.9%

The 47 asset managers below cast 100% of the shares they voted on this item FOR (3,360,798 for, 0 against).

FOR: 3,360,798 (100.0%)UNKNOWN: 100 (0.0%)
Largest asset managers voting on “Proposal to approve an amendment to the Company's Amended and Restated 2006 Employee Stock Purchase Plan to in” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Pier Capital, LLC222,4560 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,1000 00For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For

Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.

5. Proposal to ratify the selection of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending May 29, 2026

AUDIT-RELATED

99.9% fund support · no official result

FOR 99.9%

The 46 asset managers below cast 99.9% of the shares they voted on this item FOR (3,138,260 for, 182 against).

FOR: 3,138,260 (100.0%)AGAINST: 182 (0.0%)
Largest asset managers voting on “Proposal to ratify the selection of BPM LLP as the Company's independent registered public accounting firm for” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,04258 00For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

6. Election of Directors: Rhea J. Posedel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 11,951,671WITHHELD: 935,739

Aehr Test Systems’s own tally for this item (“Elect Director: Rhea J. Posedel”): 11,951,671 for, 935,739 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 40% for, 3% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (2,684,355 for, 0 against).

FOR 86%ABSTAIN 14%
FOR: 2,684,355 (85.5%)ABSTAIN: 453,987 (14.5%)
Largest asset managers voting on “Election of Directors: Rhea J. Posedel” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock00 406,7970Abstain
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable23,6600 10,8980For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC00 21,4170Abstain
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust00 6,7070Abstain
SEI5,1000 00For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

7. Election of Directors: Gayn Erickson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 12,786,776WITHHELD: 100,634

Aehr Test Systems’s own tally for this item (“Elect Director: Gayn Erickson”): 12,786,776 for, 100,634 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 43% for, 0.4% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (3,138,342 for, 0 against).

FOR 100%
FOR: 3,138,342 (100.0%)
Largest asset managers voting on “Election of Directors: Gayn Erickson” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,1000 00For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

8. Election of Directors: Fariba Danesh

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 12,769,824WITHHELD: 117,586

Aehr Test Systems’s own tally for this item (“Elect Director: Fariba Danesh”): 12,769,824 for, 117,586 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 43% for, 0.4% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (3,135,713 for, 0 against).

FOR 99.9%
FOR: 3,135,713 (99.9%)ABSTAIN: 2,629 (0.1%)
Largest asset managers voting on “Election of Directors: Fariba Danesh” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,0420 580For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

9. Election of Directors: Laura Oliphant

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 12,749,521WITHHELD: 137,889

Aehr Test Systems’s own tally for this item (“Elect Director: Laura Oliphant”): 12,749,521 for, 137,889 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 42% for, 0.5% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (3,135,713 for, 0 against).

FOR 99.9%
FOR: 3,135,713 (99.9%)ABSTAIN: 2,629 (0.1%)
Largest asset managers voting on “Election of Directors: Laura Oliphant” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial37,6280 00For
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,0420 580For
Prudential/PGIM4,4420 00For
State Street4,3690 00For
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

10. Election of Directors: Geoffrey G. Scott

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 12,461,887WITHHELD: 425,523

Aehr Test Systems’s own tally for this item (“Elect Director: Geoffrey G. Scott”): 12,461,887 for, 425,523 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 42% for, 1% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (3,104,068 for, 0 against).

FOR 99%
FOR: 3,104,068 (98.9%)ABSTAIN: 34,274 (1.1%)
Largest asset managers voting on “Election of Directors: Geoffrey G. Scott” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial16,2280 21,4000Abstain
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,1000 00For
Prudential/PGIM4,4420 00For
State Street00 4,3690Abstain
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

11. Election of Directors: Howard T. Slayen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 12,501,592WITHHELD: 385,818

Aehr Test Systems’s own tally for this item (“Elect Director: Howard T. Slayen”): 12,501,592 for, 385,818 withheld, per its Form 8-K filed 2025-10-21 (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. Of all 30,006,590 outstanding shares: 42% for, 1% withheld (43% of the company cast a for/withheld vote).

The 45 asset managers below cast 100% of the shares they voted on this item FOR (3,110,884 for, 0 against).

FOR 99.1%
FOR: 3,110,884 (99.1%)ABSTAIN: 27,458 (0.9%)
Largest asset managers voting on “Election of Directors: Howard T. Slayen” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Fidelity1,579,5050 00For
Vanguard615,1480 00For
BlackRock406,7970 00For
Charles Schwab112,1630 00For
Royce68,8940 00For
RBB FUND, INC.65,1590 00For
Lincoln Financial16,2280 21,4000Abstain
Equitable34,5580 00For
Northern Lights Fund Trust IV30,4280 00For
Pear Tree Funds23,5680 00For
QUANTITATIVE MASTER SERIES LLC21,4170 00For
ADVISORS' INNER CIRCLE FUND16,5000 00For
WisdomTree15,2370 00For
Global X14,2130 00For
Northern Trust14,0210 00For
Dunham Funds12,3210 00For
American Century8,6180 00For
John Hancock8,3120 00For
Exchange Place Advisors Trust7,8880 00For
Bridge Builder Trust6,7070 00For
SEI5,0420 580For
Prudential/PGIM4,4420 00For
State Street00 4,3690Abstain
DWS3,7250 00For
AIG/SunAmerica3,2270 00For

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

12. Advisory Vote on Say on Pay Frequency

SECTION 14A SAY-ON-PAY VOTES

— fund support · no official result

1 YEAR 74%ONE YEAR 26%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR: 3,470 (73.5%)ONE YEAR: 1,250 (26.5%)
Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
ARS Investment Partners, LLC00 001 Year
TD Waterhouse Canada Inc.00 00One Year

13. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

26% fund support · no official result

FOR 26%AGAINST 74%

The 2 asset managers below cast 26% of the shares they voted on this item FOR (1,250 for, 3,470 against).

FOR: 1,250 (26.5%)AGAINST: 3,470 (73.5%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Aehr Test Systems, 2025-2026
Asset managerForAgainst AbstainWithheldVote
ARS Investment Partners, LLC03,470 00Against
TD Waterhouse Canada Inc.1,2500 00For

Largest Aehr Test Systems shareholders voting in 2025-2026

Ranked by the number of Aehr Test Systems shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 30,006,590 shares outstanding at the time of that meeting.

Top Aehr Test Systems shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Fidelity 10.35%
2BAILLIE GIFFORD & CO LTD 3.54%
3BlackRock 2.70%
4Vanguard 2.11%
5Baillie Gifford Investment Management (Europe) Ltd 1.10%
6Wellington 0.99%
7RICE HALL JAMES & ASSOCIATES, LLC 0.97%
8State Street 0.80%
9Charles Schwab 0.75%
10Pier Capital, LLC 0.74%

Reported Aehr Test Systems ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Aehr Test Systems beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 7.79% 13F
BlackRock 7.62% 13F
FMR (Fidelity) 7.14% 13F
T. Rowe Price 4.50% 13F
BAILLIE GIFFORD & CO 4.30% 13G
Goldman Sachs 4.21% 13F
Geode Capital 2.42% 13F
Citadel Advisors 2.27% 13F
State Street 2.08% 13F
D.E. Shaw 1.41% 13F

Percentages above are of 30,006,590 shares outstanding, as reported by Aehr Test Systems on its Form 10-Q dated 2025-10-01 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

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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 investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Aehr Test Systems’s 10-Q dated 2025-10-01. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Aehr Test Systems's shareholder meeting held 2025-10-20, in the 2025-2026 proxy season, 167 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,673 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Aehr Test Systems's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Proposal to approve, on an advisory (non-binding) basis, the compensation of the Company's… — the reporting funds cast 87% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Aehr Test Systems proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).