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APPLIED DIGITAL CORPORATION 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and APPLIED DIGITAL CORPORATION’s Form 8-K, filed 2024-11-21 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 12Ballot items
  • 162Asset managers
  • 1,651Fund votes
  • 2024-11-20Meeting date

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

Explore APPLIED DIGITAL CORPORATION in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by APPLIED DIGITAL CORPORATION

These tallies are APPLIED DIGITAL CORPORATION’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-11-21 (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.

APPLIED DIGITAL CORPORATION — official shareholder meeting results, meeting held 2024-11-20
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Wes Cummins 124,593,886---- 1,331,44530,179,790 Majority: yes
Elect Director: Ella Benson 123,420,333---- 2,504,99830,179,790 Majority: yes
Elect Director: Chuck Hastings 113,104,862---- 12,820,46930,179,790 Majority: yes
Elect Director: Rachel Lee 123,428,728---- 2,496,60330,179,790 Majority: yes
Elect Director: Douglas Miller 114,120,407---- 11,804,92430,179,790 Majority: yes
Elect Director: Richard Nottenburg 115,430,943---- 10,494,38830,179,790 Majority: yes
Proposal 2: The votes were cast as follows with respect to the proposal to ratify the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2025: 152,938,0782,598,340568,703 ---- Majority: yes
Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement: 122,304,0793,330,988290,264 --30,179,790 Majority: yes
Proposal 4: The votes were cast as follows with respect to the proposal to approve the 2024 Plan and the reservation of 10,000,000 shares of common stock for issuance thereunder: 116,488,6568,009,7981,426,877 --30,179,790 Majority: yes
Proposal 5: The votes were cast as follows with respect to the proposal to approve, for the purpose of complying with the applicable provisions of The Nasdaq Stock Market LLC Listing Rule 5635, the potential issuance of shares of our common stock issuable upon 122,781,3532,892,405251,573 --30,179,790 Majority: yes
Proposal 6: The votes were cast as follows with respect to the proposal to approve an amendment to the Articles to increase the number of shares of common stock and the number of shares of preferred stock authorized for issuance thereunder: 119,558,9686,099,774266,589 --30,179,790 Majority: yes
Proposal 7: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insuf 145,451,76210,383,581269,778 ---- Majority: yes

Source: APPLIED DIGITAL CORPORATION, Form 8-K, filed with the SEC on 2024-11-21 — read the filing on EDGAR.

How asset managers voted at the APPLIED DIGITAL CORPORATION 2024-2025 meeting

Each item below shows how the 162 asset managers that disclosed a APPLIED DIGITAL CORPORATION 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. Approve, on an advisory basis, the executive compensation of the Company's named executive officers as described in the proxy statement.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 8 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 122,304,079AGAINST: 3,330,988

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 3: The votes were cast as follows with respect to the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Proxy Statement:”): 122,304,079 for, 3,330,988 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 78% for, 2% against (80% of the company cast a for/against vote).

The 157 asset managers below cast 98% of the shares they voted on this item FOR (61,119,337 for, 1,075,587 against).

FOR 98%
FOR: 61,119,337 (98.3%)AGAINST: 1,075,587 (1.7%)ABSTAIN: 6,369 (0.0%)NOT VOTED: 1 (0.0%)
Largest asset managers voting on “Approve, on an advisory basis, the executive compensation of the Company's named executive officers as describ” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
CLEARFIELD CAPITAL MANAGEMENT LP10,561,8640 00For
Oasis Management Co Ltd.10,184,3100 00For
NVIDIA CORP7,716,0500 00For
Hood River Capital Management LLC6,813,5720 00For
Manager Directed Portfolios2,991,4720 00For
Voya2,671,8050 00For
BlackRock2,385,886860 00For
Pertento Partners LLP1,697,0120 00For
State Street1,679,0780 00For
Vanguard1,668,2260 00For
Fidelity1,465,9810 00For
Paloma Partners Management Co1,353,7160 00For
Royce1,132,1400 00For
GEODE CAPITAL MANAGEMENT, LLC852,4600 00For
Global X810,0180 00For
VAN ECK ASSOCIATES CORP738,8230 00For
VanEck ETF Trust738,8230 00For
Northern Trust637,0710 00For
Valkyrie ETF Trust II619,4160 00For
Portolan Capital Management, LLC503,8540 00For
Northern Right Capital Management, L.P.0442,500 00Against
SEI413,9960 00For
Charles Schwab397,5540 00For
Think Investments LP291,9220 00For
BOOTHBAY FUND MANAGEMENT, LLC250,2130 00For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

2. APPROVE AN AMENDMENT TO THE COMPANY'S SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AND THE NUMBER OF SHARES OF PREFERRED STOCK AUTHORIZED FOR ISSUANCE THEREUNDER.

CAPITAL STRUCTUREMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 119,558,968AGAINST: 6,099,774

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 6: The votes were cast as follows with respect to the proposal to approve an amendment to the Articles to increase the number of shares of common stock and the number of shares of preferred stock authorized for ”): 119,558,968 for, 6,099,774 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 76% for, 4% against (80% of the company cast a for/against vote).

The 44 asset managers below cast 83% of the shares they voted on this item FOR (9,904,533 for, 1,958,645 against).

FOR 83%AGAINST 17%
FOR: 9,904,533 (83.5%)AGAINST: 1,958,645 (16.5%)
Largest asset managers voting on “APPROVE AN AMENDMENT TO THE COMPANY'S SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION, AS AMENDED, TO IN” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X0810,018 00Against
VanEck ETF Trust0738,823 00Against
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI0206,984 00Against
Charles Schwab0198,777 00Against
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

3. APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AND THE RESERVATION OF 10,000,000 SHARES OF COMMON STOCK FOR ISSUANCE THEREUNDER.

COMPENSATIONMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 116,488,656AGAINST: 8,009,798

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 4: The votes were cast as follows with respect to the proposal to approve the 2024 Plan and the reservation of 10,000,000 shares of common stock for issuance thereunder:”): 116,488,656 for, 8,009,798 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 74% for, 5% against (79% of the company cast a for/against vote).

The 44 asset managers below cast 80% of the shares they voted on this item FOR (8,941,804 for, 2,262,998 against).

FOR 75%AGAINST 19%
FOR: 8,941,804 (75.4%)AGAINST: 2,262,998 (19.1%)ABSTAIN: 658,376 (5.5%)
Largest asset managers voting on “APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AND THE RESERVATION OF 10,000,000 SHARES OF COMMON STOCK F” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,198,524256,846 00For
Voya01,042,733 00Against
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce00 658,3760Abstain
Valkyrie ETF Trust II0619,416 00Against
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable22,16594,110 00Against
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST074,591 00Against
TIAA61,4010 00For
Northern Trust053,474 00Against
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica043,314 00Against
Bridge Builder Trust32,5190 00For
John Hancock023,640 00Against
DWS013,409 00Against
Calvert011,912 00Against
Victory Capital07,856 00Against

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

4. APPROVE THE ADJOURNMENT OF THE ANNUAL MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO PERMIT FURTHER SOLICITATION AND VOTE OF PROXIES IN THE EVENT THAT THERE ARE INSUFFICIENT VOTES FOR, OR OTHERWISE IN CONNECTION WITH, THE APPROVAL OF ANY ONE OR MORE OF THE FOREGOING PROPOSALS.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 145,451,762AGAINST: 10,383,581

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 7: The votes were cast as follows with respect to the proposal to approve the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of p”): 145,451,762 for, 10,383,581 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 92% for, 7% against (99% of the company cast a for/against vote).

The 44 asset managers below cast 69% of the shares they voted on this item FOR (8,179,319 for, 3,683,859 against).

FOR 69%AGAINST 31%
FOR: 8,179,319 (68.9%)AGAINST: 3,683,859 (31.1%)
Largest asset managers voting on “APPROVE THE ADJOURNMENT OF THE ANNUAL MEETING TO A LATER DATE OR DATES, IF NECESSARY OR APPROPRIATE, TO PERMIT” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard01,591,963 00Against
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X0810,018 00Against
VanEck ETF Trust0738,823 00Against
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI0206,984 00Against
Charles Schwab0198,777 00Against
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial078,309 00Against
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street049,827 00Against
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

5. APPROVE, FOR THE PURPOSE OF COMPLYING WITH THE APPLICABLE PROVISIONS OF THE NASDAQ STOCK MARKET LLC LISTING RULE 5635, THE POTENTIAL ISSUANCE OF SHARES OF THE COMPANY'S COMMON STOCK ISSUABLE UPON CONVERSION OF THE SERIES F CONVERTIBLE PREFERRED STOCK.

CAPITAL STRUCTUREMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 122,781,353AGAINST: 2,892,405

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 5: The votes were cast as follows with respect to the proposal to approve, for the purpose of complying with the applicable provisions of The Nasdaq Stock Market LLC Listing Rule 5635, the potential issuance of ”): 122,781,353 for, 2,892,405 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 78% for, 2% against (80% of the company cast a for/against vote).

The 44 asset managers below cast 99% of the shares they voted on this item FOR (11,731,608 for, 131,570 against).

FOR 99%
FOR: 11,731,608 (98.9%)AGAINST: 131,570 (1.1%)
Largest asset managers voting on “APPROVE, FOR THE PURPOSE OF COMPLYING WITH THE APPLICABLE PROVISIONS OF THE NASDAQ STOCK MARKET LLC LISTING RU” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial078,309 00Against
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street049,827 00Against
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

6. Election of Directors: Chuck Hastings

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%
FOR: 113,104,862WITHHELD: 12,820,469

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Chuck Hastings”): 113,104,862 for, 12,820,469 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 72% for, 8% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (5,978,253 for, 0 against).

FOR 50.4%ABSTAIN 49.6%
FOR: 5,978,253 (50.4%)ABSTAIN: 5,884,925 (49.6%)
Largest asset managers voting on “Election of Directors: Chuck Hastings” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard00 1,591,9630Abstain
Fidelity800,5520 654,8180For
Voya1,042,7330 00For
Global X00 810,0180Abstain
VanEck ETF Trust00 738,8230Abstain
BlackRock00 703,7030Abstain
Royce658,3760 00For
Valkyrie ETF Trust II00 619,4160Abstain
SEI00 206,9840Abstain
Charles Schwab00 198,7770Abstain
Northern Lights Fund Trust IV190,8960 00For
Equitable94,1100 22,1650For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST00 74,5910Abstain
TIAA61,4010 00For
Northern Trust00 53,4740Abstain
State Street49,8270 00For
Pacific Life00 46,3390Abstain
AIG/SunAmerica00 43,3140Abstain
Bridge Builder Trust00 32,5190Abstain
John Hancock00 23,6400Abstain
DWS00 13,4090Abstain
Calvert00 11,9120Abstain
Victory Capital00 7,8560Abstain

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

7. Election of Directors: Douglas Miller

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 114,120,407WITHHELD: 11,804,924

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Douglas Miller”): 114,120,407 for, 11,804,924 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 72% for, 7% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (6,666,749 for, 0 against).

FOR 56%ABSTAIN 44%
FOR: 6,666,749 (56.2%)ABSTAIN: 5,196,429 (43.8%)
Largest asset managers voting on “Election of Directors: Douglas Miller” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard00 1,591,9630Abstain
Fidelity800,5520 654,8180For
Voya00 1,042,7330Abstain
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock00 703,7030Abstain
Royce658,3760 00For
Valkyrie ETF Trust II00 619,4160Abstain
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable00 116,2750Abstain
Lincoln Financial00 78,3090Abstain
EXCHANGE TRADED CONCEPTS TRUST00 74,5910Abstain
TIAA61,4010 00For
Northern Trust00 53,4740Abstain
State Street00 49,8270Abstain
Pacific Life00 46,3390Abstain
AIG/SunAmerica00 43,3140Abstain
Bridge Builder Trust00 32,5190Abstain
John Hancock00 23,6400Abstain
DWS00 13,4090Abstain
Calvert00 11,9120Abstain
Victory Capital00 7,8560Abstain

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

8. Election of Directors: Ella Benson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 123,420,333WITHHELD: 2,504,998

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Ella Benson”): 123,420,333 for, 2,504,998 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 78% for, 2% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (11,863,178 for, 0 against).

FOR 100%
FOR: 11,863,178 (100.0%)
Largest asset managers voting on “Election of Directors: Ella Benson” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

9. Election of Directors: Rachel Lee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 123,428,728WITHHELD: 2,496,603

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Rachel Lee”): 123,428,728 for, 2,496,603 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 78% for, 2% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (11,863,178 for, 0 against).

FOR 100%
FOR: 11,863,178 (100.0%)
Largest asset managers voting on “Election of Directors: Rachel Lee” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

10. Election of Directors: Richard Nottenburg

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 115,430,943WITHHELD: 10,494,388

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Richard Nottenburg”): 115,430,943 for, 10,494,388 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 73% for, 7% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (7,932,855 for, 0 against).

FOR 67%ABSTAIN 33%
FOR: 7,932,855 (66.9%)ABSTAIN: 3,930,323 (33.1%)
Largest asset managers voting on “Election of Directors: Richard Nottenburg” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard00 1,591,9630Abstain
Fidelity800,5520 654,8180For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock00 703,7030Abstain
Royce658,3760 00For
Valkyrie ETF Trust II00 619,4160Abstain
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable94,1100 22,1650For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST00 74,5910Abstain
TIAA61,4010 00For
Northern Trust00 53,4740Abstain
State Street49,8270 00For
Pacific Life00 46,3390Abstain
AIG/SunAmerica00 43,3140Abstain
Bridge Builder Trust00 32,5190Abstain
John Hancock00 23,6400Abstain
DWS00 13,4090Abstain
Calvert00 11,9120Abstain
Victory Capital00 7,8560Abstain

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

11. Election of Directors: Wes Cummins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 124,593,886WITHHELD: 1,331,445

APPLIED DIGITAL CORPORATION’s own tally for this item (“Elect Director: Wes Cummins”): 124,593,886 for, 1,331,445 withheld, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 79% for, 0.9% withheld (80% of the company cast a for/withheld vote).

The 44 asset managers below cast 100% of the shares they voted on this item FOR (11,862,861 for, 0 against).

FOR 99.9%
FOR: 11,862,861 (100.0%)ABSTAIN: 317 (0.0%)
Largest asset managers voting on “Election of Directors: Wes Cummins” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert11,9120 00For
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

12. RATIFY THE APPOINTMENT OF MARCUM LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MAY 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 152,938,078AGAINST: 2,598,340

APPLIED DIGITAL CORPORATION’s own tally for this item (“Proposal 2: The votes were cast as follows with respect to the proposal to ratify the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2025:”): 152,938,078 for, 2,598,340 against, per its Form 8-K filed 2024-11-21 (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 157,438,246 outstanding shares: 97% for, 2% against (99% of the company cast a for/against vote).

The 44 asset managers below cast 99.8% of the shares they voted on this item FOR (11,851,266 for, 11,912 against).

FOR 99.8%
FOR: 11,851,266 (99.9%)AGAINST: 11,912 (0.1%)
Largest asset managers voting on “RATIFY THE APPOINTMENT OF MARCUM LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FI” at APPLIED DIGITAL CORPORATION, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Manager Directed Portfolios2,991,4720 00For
Vanguard1,591,9630 00For
Fidelity1,455,3700 00For
Voya1,042,7330 00For
Global X810,0180 00For
VanEck ETF Trust738,8230 00For
BlackRock703,7030 00For
Royce658,3760 00For
Valkyrie ETF Trust II619,4160 00For
SEI206,9840 00For
Charles Schwab198,7770 00For
Northern Lights Fund Trust IV190,8960 00For
Equitable116,2750 00For
Lincoln Financial78,3090 00For
EXCHANGE TRADED CONCEPTS TRUST74,5910 00For
TIAA61,4010 00For
Northern Trust53,4740 00For
State Street49,8270 00For
Pacific Life46,3390 00For
AIG/SunAmerica43,3140 00For
Bridge Builder Trust32,5190 00For
John Hancock23,6400 00For
DWS13,4090 00For
Calvert011,912 00Against
Victory Capital7,8560 00For

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

Largest APPLIED DIGITAL CORPORATION shareholders voting in 2024-2025

Ranked by the number of APPLIED DIGITAL CORPORATION shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 157,438,246 shares outstanding at the time of that meeting.

Top APPLIED DIGITAL CORPORATION shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1CLEARFIELD CAPITAL MANAGEMENT LP 6.71%
2Oasis Management Co Ltd. 6.47%
3NVIDIA CORP 4.90%
4Hood River Capital Management LLC 4.33%
5Manager Directed Portfolios 1.90%
6Voya 1.70%
7BlackRock 1.52%
8Pertento Partners LLP 1.08%
9State Street 1.07%
10Vanguard 1.06%

Reported APPLIED DIGITAL CORPORATION ownership

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

APPLIED DIGITAL CORPORATION beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Applied Digital Corporation 88.62% 13D
Hood River Capital Management LLC 14.00% 13G
Wes Cummins 13.90% DEF14A
Wesley Cummins 13.44% 13D
BlackRock 10.25% 13F
Jane Street Group, LLC 8.97% DEF14A
Vanguard Group 8.57% 13F
Geode Capital 3.39% 13F
Citadel Advisors 3.26% 13F
State Street 2.64% 13F

Percentages above are of 157,438,246 shares outstanding, as reported by APPLIED DIGITAL CORPORATION on its Form 10-Q dated 2024-08-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

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 APPLIED DIGITAL CORPORATION’s 10-Q dated 2024-08-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At APPLIED DIGITAL CORPORATION's shareholder meeting held 2024-11-20, in the 2024-2025 proxy season, 162 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 1,651 separate fund positions. On the most widely held item on that ballot — Approve, on an advisory basis, the executive compensation of the Company's named executive… — FOR was 97% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: APPLIED DIGITAL CORPORATION's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-11-21.

APPLIED DIGITAL CORPORATION proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.