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Home › Companies › SANUWAVE Health, Inc. › 2025-2026

SANUWAVE Health, Inc. 2025-2026 Proxy Voting Records

Name: SANUWAVE Health, Inc. 2025-2026 proxy voting records
Creator: proxyvotesnow.com
License: https://creativecommons.org/licenses/by/4.0/

At SANUWAVE Health, Inc.'s 2 shareholder meetings in the 2025-2026 proxy season (held August 19, 2025 and June 11, 2026), 98 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,383 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 of the season, voted at the meeting held June 11, 2026 — TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE… — FOR was 92% 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: SANUWAVE Health, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 15, 2026.

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

Compiled from SEC Form N-PX filings and SANUWAVE Health, Inc.’s Form 8-K, filed August 20, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.

16Reported items
98Asset managers
1,383Fund votes
August 19, 2025Main meeting date

Results at a glance

Meeting of August 19, 2025: 8 items on SANUWAVE Health, Inc.’s Form 8-K, filed August 20, 2025: 8 without a stated outcome.

Meeting of June 11, 2026: 7 items on SANUWAVE Health, Inc.’s Form 8-K, filed June 15, 2026: 7 without a stated outcome.

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 SANUWAVE Health, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by SANUWAVE Health, Inc.

These tallies are SANUWAVE Health, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed August 20, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX. SANUWAVE Health, Inc. reported 2 meetings in this season; each is tabulated separately below, with its own filing.

SANUWAVE Health, Inc. — official shareholder meeting results, meeting held August 19, 2025 (Form 8-K, filed August 20, 2025)
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Morgan Frank	5,160,671	--	--	9,229	850,909	99.8%	Not verified	—
Elect Director: Gregory Bazar	5,168,313	--	--	1,587	850,909	99.9%	Not verified	—
Elect Director: Jeffrey Blizard	5,050,443	--	--	119,457	850,909	98%	Not verified	—
Elect Director: Ian Miller	4,703,248	--	--	466,652	850,909	91%	Not verified	—
Elect Director: James Tyler	4,936,933	--	--	232,967	850,909	95%	Not verified	—
2. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025	6,017,993	1,473	1,343	--	--	99.9%	Not verified	—
3. To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 500,000 shares	4,948,127	202,867	18,906	--	850,909	96%	Not verified	—
4. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers	5,136,449	30,601	2,850	--	850,909	99.4%	Not verified	—

Source: SANUWAVE Health, Inc., Form 8-K, filed with the SEC on August 20, 2025 — read the filing on EDGAR.

SANUWAVE Health, Inc. — official shareholder meeting results, meeting held June 11, 2026 (Form 8-K, filed June 15, 2026)
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Morgan Frank	4,988,463	--	--	69,863	1,061,530	99%	Not verified	—
Elect Director: Gregory Bazar	4,706,567	--	--	351,759	1,061,530	93%	Not verified	—
Elect Director: Jeffrey Blizard	4,634,031	--	--	424,295	1,061,530	92%	Not verified	—
Elect Director: Ian Miller	4,244,965	--	--	813,361	1,061,530	84%	Not verified	—
Elect Director: James Tyler	4,292,161	--	--	766,165	1,061,530	85%	Not verified	—
2. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026	6,057,957	45,261	16,638	--	--	99.2%	Not verified	—
3. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers	4,666,444	385,238	6,644	--	1,061,530	92%	Not verified	—

Source: SANUWAVE Health, Inc., Form 8-K, filed with the SEC on June 15, 2026 — read the filing on EDGAR.

How asset managers voted at the SANUWAVE Health, Inc. 2025-2026 meetings

Each item below shows how the 98 asset managers that disclosed a SANUWAVE Health, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. 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 SANUWAVE Health, Inc.’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: Gregory Bazar

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 11, 2026.

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 4,706,567WITHHELD: 351,759

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: Election of Directors: Gregory Bazar

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Gregory Bazar”): 4,706,567 for, 351,759 withheld, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 687,368 for.

FOR

FOR: 687,368

Largest asset managers voting on “Election of Directors: Gregory Bazar” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Vote
Vanguard	393,241	For
BlackRock	142,662	For
Fidelity	90,869	For
Charles Schwab	21,935	For
Goldman Sachs	11,767	For
Lincoln Financial	5,500	For
Equitable	3,336	For
Global X	3,321	For
Pacific Life	2,341	For
Bridge Builder Trust	1,432	For
Brighthouse	1,010	For
SEI	1,000	For
T. Rowe Price	990	For
Victory Capital	923	For
ProShares	835	For
AIG/SunAmerica	801	For
Calvert	716	For
John Hancock	637	For
GPS Funds I	587	For
Venerable Variable Insurance Trust	581	For
Principal	559	For
BRIDGEWAY FUNDS INC	499	For
Franklin Templeton	352	For
State Street	335	For
Brinker Capital Destinations Trust	230	For

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

2. Elect Director: Ian Miller

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 11, 2026.

Combines 4 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD

FOR: 4,244,965WITHHELD: 813,361

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: Election of Directors: Ian Miller

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Ian Miller”): 4,244,965 for, 813,361 withheld, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 404,859 for, 137,623 withheld, 144,886 abstained.

FORABSTAINWITHHOLD

FOR: 404,859ABSTAIN: 144,886WITHHOLD: 137,623

Largest asset managers voting on “Election of Directors: Ian Miller” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	392,420	3	818	For
BlackRock	0	142,662	0	Abstain
Fidelity	0	0	90,869	Withhold
Charles Schwab	0	0	21,935	Withhold
Goldman Sachs	11,767	0	0	For
Lincoln Financial	0	0	5,500	Withhold
Equitable	0	0	3,336	Withhold
Global X	0	0	3,321	Withhold
Pacific Life	0	0	2,341	Withhold
Bridge Builder Trust	0	1,432	0	Abstain
Brighthouse	0	0	1,010	Withhold
SEI	0	0	1,000	Withhold
T. Rowe Price	0	0	990	Withhold
Victory Capital	0	0	923	Withhold
ProShares	0	0	835	Withhold
AIG/SunAmerica	0	0	801	Withhold
Calvert	0	0	716	Withhold
John Hancock	0	637	0	Abstain
GPS Funds I	587	0	0	For
Venerable Variable Insurance Trust	0	0	581	Withhold
Principal	0	0	559	Withhold
BRIDGEWAY FUNDS INC	0	0	499	Withhold
Franklin Templeton	0	0	352	Withhold
State Street	0	0	335	Withhold
Brinker Capital Destinations Trust	0	0	230	Withhold

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

3. Elect Director: James Tyler

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 11, 2026.

Combines 4 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD

FOR: 4,292,161WITHHELD: 766,165

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: Election of Directors: James Tyler

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: James Tyler”): 4,292,161 for, 766,165 withheld, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 644,664 for, 42,066 withheld, 638 abstained.

FOR

FOR: 644,664ABSTAIN: 638WITHHOLD: 42,066

Largest asset managers voting on “Election of Directors: James Tyler” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	392,422	1	818	For
BlackRock	142,662	0	0	For
Fidelity	90,869	0	0	For
Charles Schwab	0	0	21,935	Withhold
Goldman Sachs	11,767	0	0	For
Lincoln Financial	0	0	5,500	Withhold
Equitable	2,236	0	1,100	Mixed
Global X	0	0	3,321	Withhold
Pacific Life	2,341	0	0	For
Bridge Builder Trust	1,432	0	0	For
Brighthouse	0	0	1,010	Withhold
SEI	0	0	1,000	Withhold
T. Rowe Price	0	0	990	Withhold
Victory Capital	0	0	923	Withhold
ProShares	0	0	835	Withhold
AIG/SunAmerica	0	0	801	Withhold
Calvert	0	0	716	Withhold
John Hancock	0	637	0	Abstain
GPS Funds I	587	0	0	For
Venerable Variable Insurance Trust	0	0	581	Withhold
Principal	0	0	559	Withhold
BRIDGEWAY FUNDS INC	0	0	499	Withhold
Franklin Templeton	0	0	352	Withhold
State Street	0	0	335	Withhold
Brinker Capital Destinations Trust	0	0	230	Withhold

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

4. Elect Director: Jeffrey Blizard

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 11, 2026.

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%

FOR: 4,634,031WITHHELD: 424,295

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: Election of Directors: Jeffrey Blizard

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Jeffrey Blizard”): 4,634,031 for, 424,295 withheld, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 651,014 for, 35,716 withheld, 638 abstained.

FOR

FOR: 651,014ABSTAIN: 638WITHHOLD: 35,716

Largest asset managers voting on “Election of Directors: Jeffrey Blizard” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	392,422	1	818	For
BlackRock	142,662	0	0	For
Fidelity	90,869	0	0	For
Charles Schwab	0	0	21,935	Withhold
Goldman Sachs	11,767	0	0	For
Lincoln Financial	5,500	0	0	For
Equitable	2,236	0	1,100	Mixed
Global X	0	0	3,321	Withhold
Pacific Life	2,341	0	0	For
Bridge Builder Trust	1,432	0	0	For
Brighthouse	0	0	1,010	Withhold
SEI	0	0	1,000	Withhold
T. Rowe Price	0	0	990	Withhold
Victory Capital	0	0	923	Withhold
ProShares	0	0	835	Withhold
AIG/SunAmerica	0	0	801	Withhold
Calvert	0	0	716	Withhold
John Hancock	0	637	0	Abstain
GPS Funds I	587	0	0	For
Venerable Variable Insurance Trust	0	0	581	Withhold
Principal	0	0	559	Withhold
BRIDGEWAY FUNDS INC	0	0	499	Withhold
Franklin Templeton	0	0	352	Withhold
State Street	335	0	0	For
Brinker Capital Destinations Trust	230	0	0	For

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

5. Elect Director: Morgan Frank

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held June 11, 2026.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 4,988,463WITHHELD: 69,863

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: Election of Directors: Morgan Frank

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Morgan Frank”): 4,988,463 for, 69,863 withheld, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 685,973 for, 1,395 withheld.

FOR

FOR: 685,973WITHHOLD: 1,395

Largest asset managers voting on “Election of Directors: Morgan Frank” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Withheld	Vote
Vanguard	392,691	550	For
BlackRock	142,662	0	For
Fidelity	90,869	0	For
Charles Schwab	21,935	0	For
Goldman Sachs	11,767	0	For
Lincoln Financial	5,500	0	For
Equitable	3,336	0	For
Global X	3,321	0	For
Pacific Life	2,341	0	For
Bridge Builder Trust	1,432	0	For
Brighthouse	1,010	0	For
SEI	1,000	0	For
T. Rowe Price	990	0	For
Victory Capital	923	0	For
ProShares	835	0	For
AIG/SunAmerica	801	0	For
Calvert	0	716	Withhold
John Hancock	637	0	For
GPS Funds I	587	0	For
Venerable Variable Insurance Trust	581	0	For
Principal	559	0	For
BRIDGEWAY FUNDS INC	499	0	For
Franklin Templeton	352	0	For
State Street	335	0	For
Brinker Capital Destinations Trust	230	0	For

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

6. Elect Director: Ian Miller

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held August 19, 2025.

Combines 3 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%

FOR: 4,703,248WITHHELD: 466,652

Details: description as filed, official tally, votes by 28 asset managers

Description as filed by funds: Election of Directors: Ian Miller

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Ian Miller”): 4,703,248 for, 466,652 withheld, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 28 asset managers below reported 354,075 for, 33,150 withheld, 211,502 abstained.

FORABSTAIN

FOR: 354,075ABSTAIN: 211,502WITHHOLD: 33,150

Largest asset managers voting on “Election of Directors: Ian Miller” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	291,609	0	0	For
BlackRock	0	198,619	0	Abstain
Fidelity	56,587	0	0	For
QUANTITATIVE MASTER SERIES LLC	0	10,153	0	Abstain
BRIDGEWAY FUNDS INC	0	0	9,125	Withhold
Goldman Sachs	0	0	8,191	Withhold
Northern Trust	0	0	6,216	Withhold
Global X	3,820	0	0	For
Voya	0	0	2,037	Withhold
Pacific Life	0	0	1,741	Withhold
Lazard	0	0	1,498	Withhold
John Hancock	0	1,493	0	Abstain
Charles Schwab	1,263	0	0	For
Equitable	0	0	1,216	Withhold
Bridge Builder Trust	0	1,200	0	Abstain
DWS	0	0	1,076	Withhold
AIG/SunAmerica	0	0	898	Withhold
TIFF INVESTMENT PROGRAM	704	0	0	For
Principal	0	0	442	Withhold
Franklin Templeton	0	0	230	Withhold
State Street	0	0	210	Withhold
ProShares	0	0	156	Withhold
TIAA	92	0	0	For
Nationwide	0	0	58	Withhold
Victory Capital	0	0	48	Withhold

Showing the 25 largest of 28 asset managers. All 28 are in the interactive database (link above).

7. Elect Director: Jeffrey Blizard

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held August 19, 2025.

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 5,050,443WITHHELD: 119,457

Details: description as filed, official tally, votes by 28 asset managers

Description as filed by funds: Election of Directors: Jeffrey Blizard

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Jeffrey Blizard”): 5,050,443 for, 119,457 withheld, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 28 asset managers below reported 569,309 for, 27,888 withheld, 1,530 abstained.

FOR

FOR: 569,309ABSTAIN: 1,530WITHHOLD: 27,888

Largest asset managers voting on “Election of Directors: Jeffrey Blizard” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	291,609	0	0	For
BlackRock	198,619	0	0	For
Fidelity	56,587	0	0	For
QUANTITATIVE MASTER SERIES LLC	10,153	0	0	For
BRIDGEWAY FUNDS INC	0	0	9,125	Withhold
Goldman Sachs	0	0	8,191	Withhold
Northern Trust	0	0	6,216	Withhold
Global X	3,820	0	0	For
Voya	2,037	0	0	For
Pacific Life	1,741	0	0	For
Lazard	0	0	1,498	Withhold
John Hancock	0	1,493	0	Abstain
Charles Schwab	1,263	0	0	For
Equitable	1,216	0	0	For
Bridge Builder Trust	1,200	0	0	For
DWS	0	0	1,076	Withhold
AIG/SunAmerica	0	0	898	Withhold
TIFF INVESTMENT PROGRAM	704	0	0	For
Principal	0	0	442	Withhold
Franklin Templeton	0	0	230	Withhold
State Street	210	0	0	For
ProShares	0	0	156	Withhold
TIAA	92	0	0	For
Nationwide	58	0	0	For
Victory Capital	0	0	48	Withhold

Showing the 25 largest of 28 asset managers. All 28 are in the interactive database (link above).

8. Elect Director: Gregory Bazar

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held August 19, 2025.

Combines 3 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 5,168,313WITHHELD: 1,587

Details: description as filed, official tally, votes by 27 asset managers

Description as filed by funds: Election of Directors: Gregory Bazar

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Gregory Bazar”): 5,168,313 for, 1,587 withheld, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 27 asset managers below reported 598,635 for.

FOR

FOR: 598,635

Largest asset managers voting on “Election of Directors: Gregory Bazar” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Vote
Vanguard	291,609	For
BlackRock	198,619	For
Fidelity	56,587	For
QUANTITATIVE MASTER SERIES LLC	10,153	For
BRIDGEWAY FUNDS INC	9,125	For
Goldman Sachs	8,191	For
Northern Trust	6,216	For
Global X	3,820	For
Voya	2,037	For
Pacific Life	1,741	For
Lazard	1,498	For
John Hancock	1,493	For
Charles Schwab	1,263	For
Equitable	1,216	For
Bridge Builder Trust	1,200	For
DWS	1,076	For
AIG/SunAmerica	898	For
TIFF INVESTMENT PROGRAM	704	For
Principal	442	For
Franklin Templeton	230	For
State Street	210	For
ProShares	156	For
Nationwide	58	For
Victory Capital	48	For
GPS Funds I	37	For

Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).

9. Elect Director: James Tyler

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held August 19, 2025.

Combines 3 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 4,936,933WITHHELD: 232,967

Details: description as filed, official tally, votes by 27 asset managers

Description as filed by funds: Election of Directors: James Tyler

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: James Tyler”): 4,936,933 for, 232,967 withheld, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 27 asset managers below reported 562,336 for, 34,065 withheld, 2,234 abstained.

FOR

FOR: 562,336ABSTAIN: 2,234WITHHOLD: 34,065

Largest asset managers voting on “Election of Directors: James Tyler” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Abstain	Withheld	Vote
Vanguard	291,609	0	0	For
BlackRock	198,619	0	0	For
Fidelity	56,587	0	0	For
QUANTITATIVE MASTER SERIES LLC	10,153	0	0	For
BRIDGEWAY FUNDS INC	0	0	9,125	Withhold
Goldman Sachs	0	0	8,191	Withhold
Northern Trust	0	0	6,216	Withhold
Global X	0	0	3,820	Withhold
Voya	0	0	2,037	Withhold
Pacific Life	1,741	0	0	For
Lazard	0	0	1,498	Withhold
John Hancock	0	1,493	0	Abstain
Charles Schwab	1,263	0	0	For
Equitable	1,106	0	110	Mixed
Bridge Builder Trust	1,200	0	0	For
DWS	0	0	1,076	Withhold
AIG/SunAmerica	0	0	898	Withhold
TIFF INVESTMENT PROGRAM	0	704	0	Abstain
Principal	0	0	442	Withhold
Franklin Templeton	0	0	230	Withhold
State Street	0	0	210	Withhold
ProShares	0	0	156	Withhold
Nationwide	58	0	0	For
Victory Capital	0	0	48	Withhold
GPS Funds I	0	37	0	Abstain

Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).

10. Elect Director: Morgan Frank

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Meeting held August 19, 2025.

Combines 3 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 5,160,671WITHHELD: 9,229

Details: description as filed, official tally, votes by 27 asset managers

Description as filed by funds: Election of Directors: Morgan Frank

SANUWAVE Health, Inc.’s own tally for this item (“Elect Director: Morgan Frank”): 5,160,671 for, 9,229 withheld, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 27 asset managers below reported 596,598 for, 2,037 withheld.

FOR

FOR: 596,598WITHHOLD: 2,037

Largest asset managers voting on “Election of Directors: Morgan Frank” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Withheld	Vote
Vanguard	291,609	0	For
BlackRock	198,619	0	For
Fidelity	56,587	0	For
QUANTITATIVE MASTER SERIES LLC	10,153	0	For
BRIDGEWAY FUNDS INC	9,125	0	For
Goldman Sachs	8,191	0	For
Northern Trust	6,216	0	For
Global X	3,820	0	For
Voya	0	2,037	Withhold
Pacific Life	1,741	0	For
Lazard	1,498	0	For
John Hancock	1,493	0	For
Charles Schwab	1,263	0	For
Equitable	1,216	0	For
Bridge Builder Trust	1,200	0	For
DWS	1,076	0	For
AIG/SunAmerica	898	0	For
TIFF INVESTMENT PROGRAM	704	0	For
Principal	442	0	For
Franklin Templeton	230	0	For
State Street	210	0	For
ProShares	156	0	For
Nationwide	58	0	For
Victory Capital	48	0	For
GPS Funds I	37	0	For

Showing the 25 largest of 27 asset managers. All 27 are in the interactive database (link above).

11. To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares…

Outcome not verifiedCOMPENSATIONReported outcome: Not verified

Meeting held August 19, 2025.

96% Majority: yes · of votes cast

FOR 96%

FOR: 4,948,127AGAINST: 202,867

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 500,000 shares.

SANUWAVE Health, Inc.’s own tally for this item (“3. To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 500,000 shares”): 4,948,127 for, 202,867 against, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 566,952 for, 38,485 against.

FOR

FOR: 566,952AGAINST: 38,485

Largest asset managers voting on “To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shar” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	291,609	0	For
BlackRock	198,619	0	For
Fidelity	56,587	0	For
QUANTITATIVE MASTER SERIES LLC	10,153	0	For
BRIDGEWAY FUNDS INC	0	9,125	Against
Goldman Sachs	0	8,191	Against
Northern Trust	0	6,216	Against
Lincoln Financial	0	5,500	Against
Global X	3,820	0	For
Voya	0	2,037	Against
Pacific Life	1,741	0	For
Lazard	0	1,498	Against
John Hancock	0	1,493	Against
Charles Schwab	1,263	0	For
Equitable	1,106	110	Mixed
Bridge Builder Trust	1,200	0	For
DWS	0	1,076	Against
AIG/SunAmerica	0	898	Against
Calvert	0	716	Against
TIFF INVESTMENT PROGRAM	704	0	For
Principal	0	442	Against
Brinker Capital Destinations Trust	0	230	Against
Franklin Templeton	0	230	Against
State Street	0	210	Against
PENN SERIES FUNDS INC	0	200	Against

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

12. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers

Outcome not verified Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Meeting held June 11, 2026.

Combines 2 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%

FOR: 4,666,444AGAINST: 385,238

Details: description as filed, official tally, votes by 90 asset managers

Description as filed by funds: TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.

SANUWAVE Health, Inc.’s own tally for this item (“3. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers”): 4,666,444 for, 385,238 against, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 33 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	393,240	1	For
BlackRock	142,662	0	For
Fidelity	90,869	0	For
Charles Schwab	21,935	0	For
Goldman Sachs	11,767	0	For
Lincoln Financial	5,500	0	For
Equitable	3,336	0	For
Global X	3,321	0	For
Pacific Life	2,341	0	For
Bridge Builder Trust	1,432	0	For
Brighthouse	0	1,010	Against
SEI	1,000	0	For
T. Rowe Price	0	990	Against
Victory Capital	0	923	Against
ProShares	0	835	Against
AIG/SunAmerica	0	801	Against
Calvert	0	716	Against
John Hancock	0	637	Against
GPS Funds I	587	0	For
Venerable Variable Insurance Trust	581	0	For
Principal	0	559	Against
BRIDGEWAY FUNDS INC	0	499	Against
Franklin Templeton	0	352	Against
State Street	335	0	For
Brinker Capital Destinations Trust	230	0	For

Fund voting reports, all 33 managers: 679,905 for, 7,463 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 69 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Praetorian PR LLC	322,387	0	For
STIFEL NICOLAUS & CO INC \MO\	0	204,663	Against
Solas Capital Management, LLC	133,917	0	For
GEODE CAPITAL MANAGEMENT, LLC	116,649	0	For
BlackRock	72,618	226	For
State Street	55,339	180	For
Northern Trust	0	31,998	Against
Vanguard	22,405	79	For
Charles Schwab	22,005	0	For
BANK OF AMERICA NA	19,542	0	For
MELLON INVESTMENTS Corp	12,801	0	For
Jordan Park Group LLC	0	10,000	Against
SALEM INVESTMENT COUNSELORS INC	8,100	0	For
Rhumbline	2,793	1,445	Mixed
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0	4,693	Against
Nuveen	4,575	0	For
Invesco	0	3,475	Against
State of Alaska, Department of Revenue	0	3,235	Against
Solidarity Wealth, LLC	3,130	0	For
NEW YORK STATE COMMON RETIREMENT FUND	3,100	0	For
T. Rowe Price	0	3,034	Against
JPMorgan	3,023	0	For
Goldman Sachs	2,270	0	For
AllianceBernstein	2,200	0	For
BRIDGEWAY CAPITAL MANAGEMENT, LLC	0	1,999	Against

Institutional-manager reports, all 69 managers: 815,422 for, 276,486 against, 2,793 1 year. Showing the 25 largest; every one is in the interactive database (link above).

13. To approve, in an advisory, non-binding vote, the frequency of future votes on the compensation paid to our named…

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

Meeting held August 19, 2025.

Combines 2 wordings of this item as funds reported it.

66% Fund and manager reports combined; may count the same shares twice · no official result

1 YEAR

Details: description as filed, votes by 77 asset managers

Description as filed by funds: TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE FREQUENCY OF FUTURE VOTES ON THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.

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: 34 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE FREQUENCY OF FUTURE VOTES ON THE COMPENSATION PAID TO OUR NA” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Vanguard	0	0	0	0	--
BlackRock	0	0	0	0	--
Fidelity	0	0	0	0	--
QUANTITATIVE MASTER SERIES LLC	0	0	0	0	--
BRIDGEWAY FUNDS INC	0	0	0	0	--
Goldman Sachs	0	0	0	0	--
Northern Trust	0	0	0	0	--
Lincoln Financial	0	0	0	0	--
Global X	0	0	0	0	--
Voya	0	0	0	0	--
Pacific Life	0	0	0	0	--
Lazard	0	0	0	0	--
John Hancock	0	0	0	0	--
Charles Schwab	0	0	0	0	--
Equitable	0	0	0	0	--
Bridge Builder Trust	0	0	0	0	--
Guilbault Capital LLC	0	0	0	0	--
DWS	0	0	0	0	--
AIG/SunAmerica	0	0	0	0	--
Calvert	0	0	0	0	--
TIFF INVESTMENT PROGRAM	0	0	0	0	--
Principal	0	0	0	0	--
Brinker Capital Destinations Trust	0	0	0	0	--
Franklin Templeton	0	0	0	0	--
State Street	0	0	0	0	--

Fund voting reports, all 34 managers: 1 for, 606,586 1 year. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 56 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE FREQUENCY OF FUTURE VOTES ON THE COMPENSATION PAID TO OUR NA” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Solas Capital Management, LLC	0	0	--
BlackRock	0	0	--
GEODE CAPITAL MANAGEMENT, LLC	0	0	--
State Street	0	0	--
BANK OF AMERICA NA	0	0	--
Northern Trust	0	0	--
MELLON INVESTMENTS Corp	0	0	--
Evernest Financial Advisors, LLC	0	0	--
Lazard	0	0	--
BRIDGEWAY CAPITAL MANAGEMENT, LLC	0	0	--
Rhumbline	2,793	1,445	Mixed
Vanguard	0	0	--
TEXAS PERMANENT SCHOOL FUND CORP	0	0	--
Invesco	0	0	--
Solidarity Wealth, LLC	0	0	--
HighTower Advisors, LLC	0	0	--
Corient Private Wealth LP	0	0	--
Voya	0	0	--
MetLife Investment Management, LLC	0	0	--
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0	0	--
John Hancock	0	0	--
Charles Schwab	0	0	--
NEW YORK STATE COMMON RETIREMENT FUND	0	0	--
OREGON PUBLIC EMPLOYEES RETIREMENT FUND	0	0	--
Goldman Sachs	0	0	--

Institutional-manager reports, all 56 managers: 2,793 for, 1,445 against, 611,316 1 year, 47 3 year. Showing the 25 largest; every one is in the interactive database (link above).

14. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers

Outcome not verified Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Meeting held August 19, 2025.

Combines 2 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 5,136,449AGAINST: 30,601

Details: description as filed, official tally, votes by 67 asset managers

Description as filed by funds: TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.

SANUWAVE Health, Inc.’s own tally for this item (“4. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers”): 5,136,449 for, 30,601 against, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports: 30 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	291,609	0	For
BlackRock	198,619	0	For
Fidelity	56,587	0	For
QUANTITATIVE MASTER SERIES LLC	10,153	0	For
BRIDGEWAY FUNDS INC	9,125	0	For
Goldman Sachs	8,191	0	For
Northern Trust	6,216	0	For
Global X	3,820	0	For
Voya	2,037	0	For
Pacific Life	1,741	0	For
Lazard	0	1,498	Against
John Hancock	1,493	0	For
Charles Schwab	1,263	0	For
Equitable	1,216	0	For
Bridge Builder Trust	1,200	0	For
Guilbault Capital LLC	1,150	0	For
DWS	1,076	0	For
AIG/SunAmerica	898	0	For
Calvert	716	0	For
TIFF INVESTMENT PROGRAM	704	0	For
Principal	442	0	For
Franklin Templeton	230	0	For
State Street	210	0	For
ProShares	156	0	For
Guggenheim	64	0	For

Fund voting reports, all 30 managers: 599,067 for, 1,498 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 51 asset managers voting on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS.” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Against	Vote
Solas Capital Management, LLC	243,121	0	For
BlackRock	85,308	0	For
GEODE CAPITAL MANAGEMENT, LLC	58,391	0	For
State Street	48,723	0	For
BANK OF AMERICA NA	30,016	0	For
Northern Trust	29,728	0	For
MELLON INVESTMENTS Corp	23,212	0	For
Evernest Financial Advisors, LLC	23,075	0	For
Lazard	0	16,010	Against
BRIDGEWAY CAPITAL MANAGEMENT, LLC	9,125	0	For
TEXAS PERMANENT SCHOOL FUND CORP	3,562	0	For
JPMorgan	3,315	0	For
Vanguard	3,237	0	For
HighTower Advisors, LLC	2,793	0	For
Corient Private Wealth LP	2,144	0	For
Voya	2,037	0	For
MetLife Investment Management, LLC	1,780	0	For
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0	1,593	Against
John Hancock	1,493	0	For
Charles Schwab	1,263	0	For
NEW YORK STATE COMMON RETIREMENT FUND	1,200	0	For
OREGON PUBLIC EMPLOYEES RETIREMENT FUND	1,151	0	For
Goldman Sachs	1,054	0	For
Invesco	0	788	Against
Legal & General Investment Management America Inc	0	782	Against

Institutional-manager reports, all 51 managers: 582,188 for, 19,457 against. Showing the 25 largest; every one is in the interactive database (link above).

15. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Meeting held June 11, 2026.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 6,057,957AGAINST: 45,261

Details: description as filed, official tally, votes by 34 asset managers

Description as filed by funds: TO RATIFY THE APPOINTMENT OF BAKER TILLY US, LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026.

SANUWAVE Health, Inc.’s own tally for this item (“2. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026”): 6,057,957 for, 45,261 against, per its Form 8-K filed June 15, 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: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 34 asset managers below reported 687,795 for.

FOR

FOR: 687,795

Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF BAKER TILLY US, LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE ” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Vote
Vanguard	393,241	For
BlackRock	142,662	For
Fidelity	90,869	For
Charles Schwab	21,935	For
Goldman Sachs	11,767	For
Lincoln Financial	5,500	For
Equitable	3,336	For
Global X	3,321	For
Pacific Life	2,341	For
Bridge Builder Trust	1,432	For
Brighthouse	1,010	For
SEI	1,000	For
T. Rowe Price	990	For
Victory Capital	923	For
ProShares	835	For
AIG/SunAmerica	801	For
Calvert	716	For
John Hancock	637	For
GPS Funds I	587	For
Venerable Variable Insurance Trust	581	For
Principal	559	For
BRIDGEWAY FUNDS INC	499	For
Kanen Wealth Management LLC	427	For
Franklin Templeton	352	For
State Street	335	For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

16. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Meeting held August 19, 2025.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 6,017,993AGAINST: 1,473

Details: description as filed, official tally, votes by 33 asset managers

Description as filed by funds: To ratify the appointment of Baker Tilly US, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.

SANUWAVE Health, Inc.’s own tally for this item (“2. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025”): 6,017,993 for, 1,473 against, per its Form 8-K filed August 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 33 asset managers below reported 605,437 for.

FOR

FOR: 605,437

Largest asset managers voting on “To ratify the appointment of Baker Tilly US, LLP as our independent registered public accounting firm for the ” at SANUWAVE Health, Inc., 2025-2026
Asset manager	For	Vote
Vanguard	291,609	For
BlackRock	198,619	For
Fidelity	56,587	For
QUANTITATIVE MASTER SERIES LLC	10,153	For
BRIDGEWAY FUNDS INC	9,125	For
Goldman Sachs	8,191	For
Northern Trust	6,216	For
Lincoln Financial	5,500	For
Global X	3,820	For
Voya	2,037	For
Pacific Life	1,741	For
Lazard	1,498	For
John Hancock	1,493	For
Charles Schwab	1,263	For
Equitable	1,216	For
Bridge Builder Trust	1,200	For
DWS	1,076	For
AIG/SunAmerica	898	For
Calvert	716	For
TIFF INVESTMENT PROGRAM	704	For
Principal	442	For
Brinker Capital Destinations Trust	230	For
Franklin Templeton	230	For
State Street	210	For
PENN SERIES FUNDS INC	200	For

Showing the 25 largest of 33 asset managers. All 33 are in the interactive database (link above).

Largest SANUWAVE Health, Inc. 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 8,568,005 shares outstanding at the time of that meeting.

Fund voting reports: top SANUWAVE Health, Inc. shareholders by shares voted on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE FREQUENCY OF FUTURE VOTES ON THE COMPENSATION…”, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	3.40%
2	BlackRock	2.32%
3	Fidelity	0.66%
4	QUANTITATIVE MASTER SERIES LLC	0.12%
5	BRIDGEWAY FUNDS INC	0.11%
6	Goldman Sachs	0.10%
7	Northern Trust	0.07%
8	Lincoln Financial	0.06%
9	Global X	0.04%
10	Voya	0.02%

Institutional-manager reports: top SANUWAVE Health, Inc. shareholders by shares voted on “TO APPROVE, IN AN ADVISORY, NON-BINDING VOTE, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE…”, 2025-2026
#	Asset manager	% of shares outstanding
1	Praetorian PR LLC	3.76%
2	STIFEL NICOLAUS & CO INC \MO\	2.39%
3	Solas Capital Management, LLC	1.56%
4	GEODE CAPITAL MANAGEMENT, LLC	1.36%
5	BlackRock	0.85%
6	State Street	0.65%
7	Northern Trust	0.37%
8	Vanguard	0.26%
9	Charles Schwab	0.26%
10	BANK OF AMERICA NA	0.23%

Reported SANUWAVE Health, Inc. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

SANUWAVE Health, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
Morgan Frank	12.03%	DEF14A
Opaleye, L.P.	11.02%	DEF14A
James E. Besser	10.85%	DEF14A
Solas Capital Management, LLC	7.13%	13G
AWM Investment Company, Inc.	7.07%	DEF14A
BlackRock	5.62%	13F
Vanguard Group	5.20%	13F
Opaleye Management Inc.	3.62%	13G
Geode Capital	2.01%	13F
State Street	1.64%	13F

Percentages above are of 8,568,005 shares outstanding, as reported by SANUWAVE Health, Inc. on its Form 10-Q dated August 4, 2025 (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.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from SANUWAVE Health, Inc.’s 10-Q dated August 4, 2025. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

SANUWAVE Health, Inc. proxy season coverage: 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “SANUWAVE Health (SNWV) 2025-2026 Annual Meetings: Vote Results”, https://proxyvotesnow.com/company/sanuwave-health-inc/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.

SANUWAVE Health, Inc. 2025-2026 Proxy Voting Records

Results at a glance

Material dissent

Official 2025-2026 meeting results reported by SANUWAVE Health, Inc.

How asset managers voted at the SANUWAVE Health, Inc. 2025-2026 meetings

1. Elect Director: Gregory Bazar

2. Elect Director: Ian Miller

3. Elect Director: James Tyler

4. Elect Director: Jeffrey Blizard

5. Elect Director: Morgan Frank

6. Elect Director: Ian Miller

7. Elect Director: Jeffrey Blizard

8. Elect Director: Gregory Bazar

9. Elect Director: James Tyler

10. Elect Director: Morgan Frank

11. To approve an amendment to the SANUWAVE Health, Inc. 2024 Equity Incentive Plan to increase the number of shares…

12. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers

13. To approve, in an advisory, non-binding vote, the frequency of future votes on the compensation paid to our named…

14. To approve, in an advisory, non-binding vote, the compensation paid to the Company's named executive officers

15. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the…

16. To ratify the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the…

Largest SANUWAVE Health, Inc. shareholders voting in 2025-2026

Reported SANUWAVE Health, Inc. holdings and ownership

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