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SHENANDOAH TELECOMMUNICATIONS CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and SHENANDOAH TELECOMMUNICATIONS CO.’s Form 8-K, filed 2025-04-24 (Item 5.07 on EDGAR). Page generated 02 October 2026.

9Reported items
173Asset managers
1,554Fund votes
2025-04-22Meeting date

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

Explore SHENANDOAH TELECOMMUNICATIONS CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by SHENANDOAH TELECOMMUNICATIONS CO.

These tallies are SHENANDOAH TELECOMMUNICATIONS CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-04-24 (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.

SHENANDOAH TELECOMMUNICATIONS CO. — official shareholder meeting results, meeting held 2025-04-22
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Victor C. Barnes	36,927,727	219,474	49,050	--	7,971,781	Majority: yes
Elect Director: James F. DiMola	33,806,785	3,344,859	44,607	--	7,971,781	Majority: yes
Elect Director: Christopher E. French	36,685,153	479,383	31,715	--	7,971,781	Majority: yes
Elect Director: Michael A. Rhymes	36,974,454	168,110	53,687	--	7,971,781	Majority: yes
Elect Director: Matthew S. DeNichilo	36,944,014	196,781	55,456	--	7,971,781	Majority: yes
Proposal 2: Ratification of Selection of Independent Registered Public Accounting Firm The Company's shareholders ratified the appointment of RSM US LLP, as set forth below:	44,944,952	147,392	75,688	--	--	Majority: yes

Source: SHENANDOAH TELECOMMUNICATIONS CO., Form 8-K, filed with the SEC on 2025-04-24 — read the filing on EDGAR.

How asset managers voted at the SHENANDOAH TELECOMMUNICATIONS CO. 2024-2025 meeting

Each item below shows how the 173 asset managers that disclosed a SHENANDOAH TELECOMMUNICATIONS CO. 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 SHENANDOAH TELECOMMUNICATIONS CO.’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. To consider and approve, in a non-binding vote, the Company's named executive officer compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-22.

Combines 6 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 165 asset managers below cast 99% of the shares they voted on this item FOR (33,605,665 for, 358,735 against).

FOR: 33,605,665 (98.9%)AGAINST: 358,735 (1.1%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and approve, in a non-binding vote, the Company's named executive officer compensation.” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
BlackRock	6,628,464	10,433	For
Vanguard	5,514,019	0	For
GCM Grosvenor Holdings, LLC	4,105,126	0	For
Dimensional	2,412,872	0	For
State Street	2,363,454	138	For
Fidelity	1,304,418	0	For
GEODE CAPITAL MANAGEMENT, LLC	1,129,896	0	For
Charles Schwab	989,272	0	For
WILLIAMSBURG INVESTMENT TRUST	958,855	0	For
American Century	940,836	0	For
Broad Run Investment Management, LLC	878,626	0	For
HENNESSY FUNDS TRUST	796,737	0	For
Cerity Partners LLC	629,877	0	For
Northern Trust	482,728	0	For
Gabelli	401,130	0	For
Equitable	384,245	0	For
MELLON INVESTMENTS Corp	302,650	0	For
PRINCIPAL GLOBAL INVESTORS	234,611	0	For
First Trust	204,146	0	For
Invesco	189,131	0	For
BNY Mellon	152,300	0	For
Nuveen	136,038	0	For
TIAA	132,358	0	For
WisdomTree	129,199	0	For
T. Rowe Price	113,454	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

2. To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors of the Company: Class 1 director for a term expiring at the annual meeting of shareholders in 2026: Matthew S. DeNichilo

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 36,944,014AGAINST: 196,781

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Elect Director: Matthew S. DeNichilo”): 36,944,014 for, 196,781 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 99.7% of the shares they voted on this item FOR (19,497,575 for, 56,884 against).

FOR 99.6%

FOR: 19,497,575 (99.7%)AGAINST: 56,884 (0.3%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	5,414,611	0	For
BlackRock	5,277,265	0	For
Dimensional	2,188,391	0	For
Fidelity	1,183,229	0	For
WILLIAMSBURG INVESTMENT TRUST	958,855	0	For
HENNESSY FUNDS TRUST	796,737	0	For
State Street	682,746	0	For
Charles Schwab	477,460	0	For
American Century	468,677	0	For
Equitable	327,361	56,884	For
First Trust	202,249	0	For
Gabelli	152,130	0	For
TIAA	132,358	0	For
WisdomTree	129,199	0	For
Jackson National	95,660	0	For
Columbia Threadneedle	93,298	0	For
QUANTITATIVE MASTER SERIES LLC	84,048	0	For
Invesco	67,787	0	For
BNY Mellon	55,227	0	For
Prudential/PGIM	51,158	0	For
JPMorgan	51,119	0	For
Principal	47,005	0	For
Lincoln Financial	44,491	0	For
Empower	37,859	0	For
Northern Trust	37,819	0	For

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

3. To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors of the Company: Class 2 director for a term expiring at the annual meeting of shareholders in 2027: Michael A. Rhymes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 36,974,454AGAINST: 168,110

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Elect Director: Michael A. Rhymes”): 36,974,454 for, 168,110 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 100% of the shares they voted on this item FOR (19,554,459 for, 0 against).

FOR 99.9%

FOR: 19,554,459 (100.0%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Vote
Vanguard	5,414,611	For
BlackRock	5,277,265	For
Dimensional	2,188,391	For
Fidelity	1,183,229	For
WILLIAMSBURG INVESTMENT TRUST	958,855	For
HENNESSY FUNDS TRUST	796,737	For
State Street	682,746	For
Charles Schwab	477,460	For
American Century	468,677	For
Equitable	384,245	For
First Trust	202,249	For
Gabelli	152,130	For
TIAA	132,358	For
WisdomTree	129,199	For
Jackson National	95,660	For
Columbia Threadneedle	93,298	For
QUANTITATIVE MASTER SERIES LLC	84,048	For
Invesco	67,787	For
BNY Mellon	55,227	For
Prudential/PGIM	51,158	For
JPMorgan	51,119	For
Principal	47,005	For
Lincoln Financial	44,491	For
Empower	37,859	For
Northern Trust	37,819	For

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

4. To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors of the Company: Class 3 directors for a term expiring at the annual meeting of shareholders in 2028: Christopher E. French

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 36,685,153AGAINST: 479,383

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Elect Director: Christopher E. French”): 36,685,153 for, 479,383 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 99.9% of the shares they voted on this item FOR (19,549,418 for, 5,041 against).

FOR 99.9%

FOR: 19,549,418 (99.9%)AGAINST: 5,041 (0.0%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	5,414,611	0	For
BlackRock	5,277,265	0	For
Dimensional	2,188,391	0	For
Fidelity	1,183,229	0	For
WILLIAMSBURG INVESTMENT TRUST	958,855	0	For
HENNESSY FUNDS TRUST	796,737	0	For
State Street	682,739	7	For
Charles Schwab	477,460	0	For
American Century	468,677	0	For
Equitable	384,245	0	For
First Trust	202,249	0	For
Gabelli	152,130	0	For
TIAA	132,358	0	For
WisdomTree	129,199	0	For
Jackson National	95,660	0	For
Columbia Threadneedle	93,298	0	For
QUANTITATIVE MASTER SERIES LLC	84,048	0	For
Invesco	67,787	0	For
BNY Mellon	55,227	0	For
Prudential/PGIM	51,158	0	For
JPMorgan	51,119	0	For
Principal	47,005	0	For
Lincoln Financial	44,491	0	For
Empower	37,859	0	For
Northern Trust	37,819	0	For

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

5. To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors of the Company: Class 3 directors for a term expiring at the annual meeting of shareholders in 2028: James F. DiMola

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 5 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%

FOR: 33,806,785AGAINST: 3,344,859

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Elect Director: James F. DiMola”): 33,806,785 for, 3,344,859 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 95% of the shares they voted on this item FOR (18,573,879 for, 980,580 against).

FOR 95%

FOR: 18,573,879 (95.0%)AGAINST: 980,580 (5.0%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	5,414,611	0	For
BlackRock	5,277,265	0	For
Dimensional	2,188,391	0	For
Fidelity	1,183,229	0	For
WILLIAMSBURG INVESTMENT TRUST	958,855	0	For
HENNESSY FUNDS TRUST	796,737	0	For
State Street	537	682,209	Against
Charles Schwab	477,460	0	For
American Century	468,677	0	For
Equitable	327,361	56,884	For
First Trust	202,249	0	For
Gabelli	152,130	0	For
TIAA	132,358	0	For
WisdomTree	129,199	0	For
Jackson National	95,660	0	For
Columbia Threadneedle	0	93,298	Against
QUANTITATIVE MASTER SERIES LLC	84,048	0	For
Invesco	0	67,787	Against
BNY Mellon	55,227	0	For
Prudential/PGIM	51,158	0	For
JPMorgan	51,119	0	For
Principal	47,005	0	For
Lincoln Financial	8,341	36,150	Against
Empower	37,859	0	For
Northern Trust	37,819	0	For

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

6. To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors of the Company: Class 3 directors for a term expiring at the annual meeting of shareholders in 2028: Victor C. Barnes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 36,927,727AGAINST: 219,474

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Elect Director: Victor C. Barnes”): 36,927,727 for, 219,474 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 99.7% of the shares they voted on this item FOR (19,497,575 for, 56,884 against).

FOR 99.6%

FOR: 19,497,575 (99.7%)AGAINST: 56,884 (0.3%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To consider and vote upon a proposal to elect the following directors of the Company to the Board of Directors” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	5,414,611	0	For
BlackRock	5,277,265	0	For
Dimensional	2,188,391	0	For
Fidelity	1,183,229	0	For
WILLIAMSBURG INVESTMENT TRUST	958,855	0	For
HENNESSY FUNDS TRUST	796,737	0	For
State Street	682,746	0	For
Charles Schwab	477,460	0	For
American Century	468,677	0	For
Equitable	327,361	56,884	For
First Trust	202,249	0	For
Gabelli	152,130	0	For
TIAA	132,358	0	For
WisdomTree	129,199	0	For
Jackson National	95,660	0	For
Columbia Threadneedle	93,298	0	For
QUANTITATIVE MASTER SERIES LLC	84,048	0	For
Invesco	67,787	0	For
BNY Mellon	55,227	0	For
Prudential/PGIM	51,158	0	For
JPMorgan	51,119	0	For
Principal	47,005	0	For
Lincoln Financial	44,491	0	For
Empower	37,859	0	For
Northern Trust	37,819	0	For

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

7. To ratify the Audit Committee's selection of RSM US LLP as the Company's independent registered public accounting firm for 2025; and

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-22.

Combines 3 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 44,944,952AGAINST: 147,392

SHENANDOAH TELECOMMUNICATIONS CO.’s own tally for this item (“Proposal 2: Ratification of Selection of Independent Registered Public Accounting Firm The Company's shareholders ratified the appointment of RSM US LLP, as set forth below:”): 44,944,952 for, 147,392 against, per its Form 8-K filed 2025-04-24 (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.

The 58 asset managers below cast 100% of the shares they voted on this item FOR (19,554,459 for, 0 against).

FOR 99.9%

FOR: 19,554,459 (100.0%)ABSTAIN: 5,370 (0.0%)

Largest asset managers voting on “To ratify the Audit Committee's selection of RSM US LLP as the Company's independent registered public account” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Vote
Vanguard	5,414,611	For
BlackRock	5,277,265	For
Dimensional	2,188,391	For
Fidelity	1,183,229	For
WILLIAMSBURG INVESTMENT TRUST	958,855	For
HENNESSY FUNDS TRUST	796,737	For
State Street	682,746	For
Charles Schwab	477,460	For
American Century	468,677	For
Equitable	384,245	For
First Trust	202,249	For
Gabelli	152,130	For
TIAA	132,358	For
WisdomTree	129,199	For
Jackson National	95,660	For
Columbia Threadneedle	93,298	For
QUANTITATIVE MASTER SERIES LLC	84,048	For
Invesco	67,787	For
BNY Mellon	55,227	For
Prudential/PGIM	51,158	For
JPMorgan	51,119	For
Principal	47,005	For
Lincoln Financial	44,491	For
Empower	37,859	For
Northern Trust	37,819	For

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

8. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-22.

42% fund support · no official result

FOR 42%AGAINST 58%

The 4 asset managers below cast 42% of the shares they voted on this item FOR (53,470 for, 72,446 against).

FOR: 53,470 (42.5%)AGAINST: 72,446 (57.5%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	0	72,446	Against
Empower	37,859	0	For
Cornerstone Investment Partners, LLC	13,075	0	For
CLEARWATER INVESTMENT TRUST	2,536	0	For

9. To consider and approve, in a non- binding vote, the Company's named executive officer compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-04-30 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (2,659 for, 0 against).

FOR: 2,659 (100.0%)

Largest asset managers voting on “To consider and approve, in a non- binding vote, the Company's named executive officer compensation.” at SHENANDOAH TELECOMMUNICATIONS CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	2,659	0	0	0	For
Echo45 Advisors LLC	0	0	0	0	--

Largest SHENANDOAH TELECOMMUNICATIONS CO. shareholders voting in 2024-2025

Ranked by the number of SHENANDOAH TELECOMMUNICATIONS CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top SHENANDOAH TELECOMMUNICATIONS CO. shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	BlackRock	6,638,897
2	Vanguard	5,514,019
3	GCM Grosvenor Holdings, LLC	4,105,126
4	Dimensional	2,412,872
5	State Street	2,363,592
6	Fidelity	1,304,418
7	GEODE CAPITAL MANAGEMENT, LLC	1,129,896
8	Charles Schwab	989,272
9	WILLIAMSBURG INVESTMENT TRUST	958,855
10	American Century	940,836

Shown as share counts, not percentages: no shares-outstanding figure has been matched to SHENANDOAH TELECOMMUNICATIONS CO. for the 2024-2025 season, so there is no denominator to divide by.

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. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At SHENANDOAH TELECOMMUNICATIONS CO.'s shareholder meeting held 2025-04-22, in the 2024-2025 proxy season, 173 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,554 separate fund positions. Their filings are grouped here into 9 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. SHENANDOAH TELECOMMUNICATIONS CO.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — To consider and approve, in a non-binding vote, the Company's named executive officer… — the reporting funds cast 99% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

SHENANDOAH TELECOMMUNICATIONS CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.