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Applied Digital Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Applied Digital Corporation’s Form 8-K, filed 2025-11-06 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 15Reported items
  • 305Asset managers
  • 2,272Fund votes
  • 2025-11-05Meeting date

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

Explore Applied Digital Corporation in the interactive database Compare manager voting policies

Official 2025-2026 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 2025-11-06 (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 2025-11-05
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Wes Cummins 120,012,182---- 962,57264,334,458 Majority: yes
Elect Director: Ella Benson 117,361,685---- 3,613,06964,334,458 Majority: yes
Elect Director: Chuck Hastings 117,356,855---- 3,617,89964,334,458 Majority: yes
Elect Director: Rachel Lee 117,841,328---- 3,133,42664,334,458 Majority: yes
Elect Director: Douglas Miller 120,172,138---- 802,61664,334,458 Majority: yes
Elect Director: Richard Nottenburg 110,352,783---- 10,621,97164,334,458 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: 63,373,10157,050,059551,594 --64,334,458 Majority: yes
Proposal 4: The votes were cast as follows with respect to the proposal to approve the First Amendment: 115,713,3564,841,785419,613 --64,334,458 Majority: yes
Proposal 5: The votes were cast as follows with respect to the proposal to approve the Certificate of Amendment: 175,797,2028,692,330819,680 ---- Majority: yes
Proposal 6: 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 134,078,05050,192,1591,039,003 ---- Majority: yes

Source: Applied Digital Corporation, Form 8-K, filed with the SEC on 2025-11-06 — read the filing on EDGAR.

How asset managers voted at the Applied Digital Corporation 2025-2026 meeting

Each item below shows how the 305 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. 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 Applied Digital Corporation’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. 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 6 wordings of this item as funds reported it.

52.6% Majority: yes · of votes cast

FOR 52.6%AGAINST 47.4%
FOR: 63,373,101AGAINST: 57,050,059

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:”): 63,373,101 for, 57,050,059 against, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 24% for, 21% against (45% of the company cast a for/against vote).

The 297 asset managers below cast 25% of the shares they voted on this item FOR (20,675,787 for, 60,412,809 against).

FOR 25%AGAINST 74%
FOR: 20,675,787 (25.5%)AGAINST: 60,412,809 (74.5%)ABSTAIN: 8,144 (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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard014,311,006 00Against
DE Shaw09,361,898 00Against
T. Rowe Price08,184,864 00Against
Hood River Capital Management LLC7,472,4230 00For
BlackRock424,3166,516,725 00Against
Charles Schwab03,873,422 00Against
Fidelity3,064,272614,347 00For
GEODE CAPITAL MANAGEMENT, LLC3,032,6040 00For
Voya02,087,970 00Against
Global X01,810,581 00Against
State Street1501,764,360 00Against
Shellback Capital, LP1,624,1880 00For
MARSHALL WACE, LLP01,086,529 00Against
Northern Trust925,18830,489 00For
Bitwise Funds Trust0927,534 00Against
BOOTHBAY FUND MANAGEMENT, LLC903,9700 00For
Two Sigma0895,768 00Against
VAN ECK ASSOCIATES CORP0884,156 00Against
VanEck ETF Trust0880,439 00Against
DRIEHAUS CAPITAL MANAGEMENT LLC0874,750 00Against
CoinShares ETF Trust0563,650 00Against
Citadel547,4400 00For
Equitable42,304442,328 00Against
THOR INVESTMENT MANAGEMENT INC /OH/ /ADV442,8880 00For
First Trust0434,270 00Against

Showing the 25 largest of 297 asset managers. See all 297 in the interactive database.

2. APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AMENDMENT TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE BY 15,000,000 SHARES.

COMPENSATION

99% fund support · no official result

FOR 99%

The 62 asset managers below cast 99% of the shares they voted on this item FOR (30,741,869 for, 332,737 against).

FOR: 30,741,869 (98.9%)AGAINST: 332,737 (1.1%)ABSTAIN: 8,097 (0.0%)
Largest asset managers voting on “APPROVE THE COMPANY'S 2024 EQUITY COMPENSATION PLAN AMENDMENT TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,167,444192,800 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable359,084125,548 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
Harvey Partners, LLC250,0000 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI73,7485,239 00For
Pacific Life60,9160 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For
John Hancock50,2240 00For

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

3. Election of Directors: Wes Cummins

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 120,012,182WITHHELD: 962,572

Applied Digital Corporation’s own tally for this item (“Elect Director: Wes Cummins”): 120,012,182 for, 962,572 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 45% for, 0.4% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (31,801,089 for, 0 against).

FOR 99.9%
FOR: 31,801,089 (99.9%)ABSTAIN: 26,159 (0.1%)
Largest asset managers voting on “Election of Directors: Wes Cummins” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable484,6320 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

4. Election of Directors: Ella Benson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 117,361,685WITHHELD: 3,613,069

Applied Digital Corporation’s own tally for this item (“Elect Director: Ella Benson”): 117,361,685 for, 3,613,069 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 44% for, 1% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (31,801,089 for, 0 against).

FOR 99.9%
FOR: 31,801,089 (99.9%)ABSTAIN: 26,159 (0.1%)
Largest asset managers voting on “Election of Directors: Ella Benson” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable484,6320 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

5. Election of Directors: Chuck Hastings

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 117,356,855WITHHELD: 3,617,899

Applied Digital Corporation’s own tally for this item (“Elect Director: Chuck Hastings”): 117,356,855 for, 3,617,899 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 44% for, 1% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (31,675,541 for, 0 against).

FOR 99.5%
FOR: 31,675,541 (99.5%)ABSTAIN: 151,707 (0.5%)
Largest asset managers voting on “Election of Directors: Chuck Hastings” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable359,0840 125,5480For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

6. Election of Directors: Rachel Lee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 117,841,328WITHHELD: 3,133,426

Applied Digital Corporation’s own tally for this item (“Elect Director: Rachel Lee”): 117,841,328 for, 3,133,426 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 44% for, 1% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (31,801,089 for, 0 against).

FOR 99.9%
FOR: 31,801,089 (99.9%)ABSTAIN: 26,159 (0.1%)
Largest asset managers voting on “Election of Directors: Rachel Lee” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable484,6320 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

7. Election of Directors: Douglas Miller

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 120,172,138WITHHELD: 802,616

Applied Digital Corporation’s own tally for this item (“Elect Director: Douglas Miller”): 120,172,138 for, 802,616 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 45% for, 0.3% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (31,693,603 for, 0 against).

FOR 99.5%
FOR: 31,693,603 (99.6%)ABSTAIN: 133,645 (0.4%)
Largest asset managers voting on “Election of Directors: Douglas Miller” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable359,0840 125,5480For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

8. Election of Directors: Richard Nottenburg

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 110,352,783WITHHELD: 10,621,971

Applied Digital Corporation’s own tally for this item (“Elect Director: Richard Nottenburg”): 110,352,783 for, 10,621,971 withheld, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 41% for, 4% withheld (45% of the company cast a for/withheld vote).

The 61 asset managers below cast 100% of the shares they voted on this item FOR (28,578,546 for, 0 against).

FOR 90%10%
FOR: 28,578,546 (89.8%)ABSTAIN: 3,248,702 (10.2%)
Largest asset managers voting on “Election of Directors: Richard Nottenburg” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity2,745,8970 614,3470For
T. Rowe Price2,985,4260 00For
BlackRock187,9250 2,048,6740Abstain
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
Bitwise Funds Trust927,5340 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable42,3040 442,3280Abstain
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life00 60,9160Abstain
JPMorgan60,5150 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

9. 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 AUTHORIZED FOR ISSUANCE THEREUNDER BY 200,000,000 SHARES.

CAPITAL STRUCTURE

99.9% fund support · no official result

FOR 99.9%

The 58 asset managers below cast 99.9% of the shares they voted on this item FOR (30,824,375 for, 8,097 against).

FOR: 30,824,375 (100.0%)AGAINST: 8,097 (0.0%)
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable484,6320 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2908,097 00For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For
John Hancock50,2240 00For
Bridge Builder Trust45,3400 00For

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

10. 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

73% Majority: yes · of votes cast

FOR 73%AGAINST 27%
FOR: 134,078,050AGAINST: 50,192,159

Applied Digital Corporation’s own tally for this item (“Proposal 6: 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”): 134,078,050 for, 50,192,159 against, per its Form 8-K filed 2025-11-06 (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 269,292,902 outstanding shares: 49.8% for, 19% against (68% of the company cast a for/against vote).

The 58 asset managers below cast 37% of the shares they voted on this item FOR (11,294,966 for, 19,529,409 against).

FOR 37%AGAINST 63%
FOR: 11,294,966 (36.6%)AGAINST: 19,529,409 (63.3%)ABSTAIN: 8,097 (0.0%)
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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard013,492,784 00Against
Fidelity3,167,444192,800 00For
T. Rowe Price02,985,426 00Against
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
VanEck ETF Trust880,4390 00For
Voya0765,734 00Against
CoinShares ETF Trust0563,650 00Against
Equitable359,084125,548 00For
First Trust0428,558 00Against
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS0223,021 00Against
ETF Opportunities Trust192,9930 00For
Lincoln Financial0130,609 00Against
Brighthouse0105,290 8,0970Against
RBB FUND, INC.0100,421 00Against
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
Northwestern Mutual054,284 00Against
Goldman Sachs052,101 00Against
Brinker Capital Destinations Trust050,315 00Against
John Hancock050,224 00Against
Bridge Builder Trust45,3400 00For

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

11. RATIFY THE APPOINTMENT OF CBIZ CPAS P.C. AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MAY 31, 2026.

AUDIT-RELATED

100% fund support · no official result

FOR 99.9%

The 58 asset managers below cast 100% of the shares they voted on this item FOR (30,824,375 for, 0 against).

FOR: 30,824,375 (100.0%)ABSTAIN: 8,097 (0.0%)
Largest asset managers voting on “RATIFY THE APPOINTMENT OF CBIZ CPAS P.C. AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR TH” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard13,492,7840 00For
Fidelity3,360,2440 00For
T. Rowe Price2,985,4260 00For
BlackRock2,236,5990 00For
Charles Schwab1,936,3040 00For
Global X1,810,5810 00For
VanEck ETF Trust880,4390 00For
Voya765,7340 00For
CoinShares ETF Trust563,6500 00For
Equitable484,6320 00For
First Trust428,5580 00For
Manager Directed Portfolios258,6350 00For
DRIEHAUS MUTUAL FUNDS223,0210 00For
ETF Opportunities Trust192,9930 00For
Lincoln Financial130,6090 00For
Brighthouse105,2900 8,0970For
RBB FUND, INC.100,4210 00For
Lord Abbett91,7740 00For
SEI78,9870 00For
Pacific Life60,9160 00For
Northwestern Mutual54,2840 00For
Goldman Sachs52,1010 00For
Brinker Capital Destinations Trust50,3150 00For
John Hancock50,2240 00For
Bridge Builder Trust45,3400 00For

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

12. Ratify CBIZ CPAS P.C. as Auditors

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (994,776 for, 0 against).

FOR: 994,776 (100.0%)
Largest asset managers voting on “Ratify CBIZ CPAS P.C. as Auditors” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bitwise Funds Trust924,0640 00For
JPMorgan60,5150 00For
FORUM FUNDS II6,9770 00For
FORUM FUNDS3,2200 00For

13. Amend Omnibus Stock Plan

COMPENSATION

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (994,776 for, 0 against).

FOR: 994,776 (100.0%)
Largest asset managers voting on “Amend Omnibus Stock Plan” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bitwise Funds Trust924,0640 00For
JPMorgan60,5150 00For
FORUM FUNDS II6,9770 00For
FORUM FUNDS3,2200 00For

14. Increase Authorized Common Stock

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (994,776 for, 0 against).

FOR: 994,776 (100.0%)
Largest asset managers voting on “Increase Authorized Common Stock” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bitwise Funds Trust924,0640 00For
JPMorgan60,5150 00For
FORUM FUNDS II6,9770 00For
FORUM FUNDS3,2200 00For

15. Adjourn Meeting

OTHER

7% fund support · no official result

AGAINST 93%

The 4 asset managers below cast 7% of the shares they voted on this item FOR (67,492 for, 927,284 against).

FOR: 67,492 (6.8%)AGAINST: 927,284 (93.2%)
Largest asset managers voting on “Adjourn Meeting” at Applied Digital Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Bitwise Funds Trust0924,064 00Against
JPMorgan60,5150 00For
FORUM FUNDS II6,9770 00For
FORUM FUNDS03,220 00Against

Largest Applied Digital Corporation shareholders voting in 2025-2026

Ranked by the number of Applied Digital Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 269,292,902 shares outstanding at the time of that meeting.

Top Applied Digital Corporation shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 5.31%
2DE Shaw 3.48%
3T. Rowe Price 3.04%
4Hood River Capital Management LLC 2.77%
5BlackRock 2.58%
6Charles Schwab 1.44%
7Fidelity 1.37%
8GEODE CAPITAL MANAGEMENT, LLC 1.13%
9Voya 0.78%
10Global X 0.67%

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 2025-2026 proxy season
Holder % outstanding Disclosure
Applied Digital Corporation 51.81% 13D
Vanguard Group 8.97% 13F
Wesley Cummins 8.19% 13D
Wes Cummins 8.12% DEF14A
BlackRock 7.76% 13F
Hood River Capital Management 5.62% DEF14A
Jane Street Group, LLC 5.24% DEF14A
Citadel Advisors 3.06% 13F
Goldman Sachs 2.97% 13F
Geode Capital 2.38% 13F

Percentages above are of 269,292,902 shares outstanding, as reported by Applied Digital Corporation on its Form 10-Q dated 2025-08-31 (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.

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 2025-08-31. 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 2025-11-05, in the 2025-2026 proxy season, 305 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,272 separate fund positions. Their filings are grouped here into 15 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 — Approve, on an advisory basis, the executive compensation of the Company's named executive… — FOR was 52.6% 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 2025-11-06.

Applied Digital Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).