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The Shyft Group, Inc. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and The Shyft Group, Inc.’s Form 8-K, filed 2025-05-14 (Item 5.07 on EDGAR). Page generated 02 October 2026.

11Reported items
177Asset managers
1,943Fund votes
2025-05-14Main meeting date

Proxy season: 2023-2024 2024-2025

Explore The Shyft Group, Inc. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by The Shyft Group, Inc.

These tallies are The Shyft Group, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-14 (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. The Shyft Group, Inc. reported 2 meetings in this season; each is tabulated separately below, with its own filing.

The Shyft Group, Inc. — official shareholder meeting results, meeting held 2025-05-14 (Form 8-K, filed 2025-05-14)
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: James Sharman	19,420,702	--	--	7,718,816	3,323,542	Majority: yes
Elect Director: Carl Esposito	26,848,507	--	--	291,011	3,323,542	Majority: yes
Elect Director: Terri Pizzuto	26,895,343	--	--	244,175	3,323,542	Majority: yes
Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025:	30,282,177	145,190	--	--	--	Majority: yes
Proposal 3: Approval, on a non-binding basis, of the compensation paid to the Company's Named Executive Officers:	10,093,413	15,799,365	1,246,740	--	3,323,542	Majority: no
Proposal 4: Approval of the amendment and restatement of The Shyft Stock Incentive Plan:	26,184,764	933,484	21,270	--	3,323,542	Majority: yes

Source: The Shyft Group, Inc., Form 8-K, filed with the SEC on 2025-05-14 — read the filing on EDGAR.

The Shyft Group, Inc. — official shareholder meeting results, meeting held 2025-06-17 (Form 8-K, filed 2025-06-17)
Ballot item	For	Against	Abstain	Withheld	Outcome
Proposal 1: a proposal to approve and adopt the Merger Agreement and the transactions contemplated thereby, including the Merger (the " Merger Proposal ");	28,074,767	129,541	50,934	--	Majority: yes
Proposal 2: a proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Shyft's named executive officers that is based on or otherwise relates to the Merger (the " Advisory Compensation Proposal "); and	24,644,388	3,522,845	88,009	--	Majority: yes
Proposal 3: a proposal to approve the adjournment of the Special Meeting, if necessary or appropriate, including to solicit additional proxies, in the event that there are not sufficient votes at the time of the Special Meeting to approve the Merger Proposal o	2,349,143	4,645,470	118,341	--	Majority: no

Source: The Shyft Group, Inc., Form 8-K, filed with the SEC on 2025-06-17 — read the filing on EDGAR.

How asset managers voted at the The Shyft Group, Inc. 2024-2025 meetings

Each item below shows how the 177 asset managers that disclosed a The Shyft Group, 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 The Shyft Group, 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. The Advisory Compensation Proposal Approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Shyft's named executive officers that is based on or otherwise relates to the Merger (the "Advisory Compensation Proposal").

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

Meeting held 2025-06-17.

Combines 10 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%

FOR: 24,644,388AGAINST: 3,522,845

The Shyft Group, Inc.’s own tally for this item (“Proposal 2: a proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Shyft's named executive officers that is based on or otherwise relates to the Merger (the " Advi”): 24,644,388 for, 3,522,845 against, per its Form 8-K filed 2025-06-17 (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 35,004,000 outstanding shares: 70% for, 10% against (80% of the company cast a for/against vote).

The 161 asset managers below cast 91% of the shares they voted on this item FOR (24,862,572 for, 2,381,954 against).

FOR 91%9%

FOR: 24,862,572 (91.1%)AGAINST: 2,381,954 (8.7%)ABSTAIN: 40,185 (0.1%)NOT VOTED: 7,090 (0.0%)

Largest asset managers voting on “The Advisory Compensation Proposal Approve, on a non-binding, advisory basis, the compensation that may be pai” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Vote
T. Rowe Price	5,722,871	100,587	For
PZENA INVESTMENT MANAGEMENT LLC	2,725,482	0	For
BlackRock	2,689,663	8,198	For
Vanguard	1,876,909	0	For
Zuckerman Investment Group, LLC	1,843,642	0	For
NewEdge Wealth, LLC	1,357,935	0	For
Royce	1,203,946	0	For
Federated Hermes	0	799,212	Against
SCHWERIN BOYLE CAPITAL MANAGEMENT INC	791,307	0	For
Charles Schwab	727,588	0	For
State Street	590,494	0	For
DE Shaw	477,711	0	For
Voya	94,996	353,762	Against
Equitable	320,312	0	For
KIRR MARBACH & CO LLC /IN/	295,317	0	For
JACOBS LEVY EQUITY MANAGEMENT, INC	290,130	0	For
Gabelli	283,500	0	For
Northern Trust	276,956	0	For
Nuveen	265,246	0	For
TIAA	259,442	0	For
Managed Portfolio Series	227,000	0	For
Orchard Capital Management, LLC	209,751	0	For
PNC BANK, NATIONAL ASSOCIATION	0	196,440	Against
Russell Investments	0	168,998	Against
Ancora Advisors LLC	165,739	0	For

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

2. Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: no

Meeting held 2025-05-14.

Combines 4 wordings of this item as funds reported it.

39% Majority: no · of votes cast

FOR 39%AGAINST 61%

FOR: 10,093,413AGAINST: 15,799,365

The Shyft Group, Inc.’s own tally for this item (“Proposal 3: Approval, on a non-binding basis, of the compensation paid to the Company's Named Executive Officers:”): 10,093,413 for, 15,799,365 against, per its Form 8-K filed 2025-05-14 (Item 5.07). FOR was not 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 35,004,000 outstanding shares: 29% for, 45.1% against (74% of the company cast a for/against vote).

The 153 asset managers below cast 45% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 43%AGAINST 52.8%

FOR: 43.0%AGAINST: 52.8%ABSTAIN: 4.2%NOT VOTED: 0.0%

Largest asset managers voting on “Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers.” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Abstain	Vote
T. Rowe Price	5,086,923	155,562	0	For
BlackRock	713,471	2,294,313	0	Against
PZENA INVESTMENT MANAGEMENT LLC	2,628,079	0	0	For
Vanguard	0	1,800,101	0	Against
Dimensional	0	1,311,011	0	Against
Zuckerman Investment Group, LLC	1,295,813	0	0	For
Royce	0	0	1,183,286	Abstain
NewEdge Wealth, LLC	0	1,074,753	0	Against
Federated Hermes	0	901,130	0	Against
GEODE CAPITAL MANAGEMENT, LLC	0	788,270	0	Against
DE Shaw	0	737,969	0	Against
Fidelity	8,338	724,731	0	Against
Charles Schwab	0	703,948	0	Against
State Street	647,400	2,612	0	For
SCHWERIN BOYLE CAPITAL MANAGEMENT INC	630,657	0	0	For
Voya	0	427,247	0	Against
Nuveen	0	365,289	0	Against
TIAA	0	359,485	0	Against
Orchard Capital Management, LLC	356,268	0	0	For
JACOBS LEVY EQUITY MANAGEMENT, INC	0	330,564	0	Against
Equitable	234,000	82,667	0	For
KIRR MARBACH & CO LLC /IN/	0	298,327	0	Against
Gabelli	291,500	0	0	For
Prudential/PGIM	0	287,170	0	Against
Northern Trust	280,544	1,763	0	For

Showing the 25 largest of 153 asset managers. See all 153 in the interactive database.

3. APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE SHYFT STOCK INCENTIVE PLAN.

COMPENSATIONMajority of the votes cast: yes

Meeting held 2025-05-14.

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 26,184,764AGAINST: 933,484

The Shyft Group, Inc.’s own tally for this item (“Proposal 4: Approval of the amendment and restatement of The Shyft Stock Incentive Plan:”): 26,184,764 for, 933,484 against, per its Form 8-K filed 2025-05-14 (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 35,004,000 outstanding shares: 75% for, 3% against (77% of the company cast a for/against vote).

The 63 asset managers below cast 96% of the shares they voted on this item FOR (10,968,994 for, 444,361 against).

FOR 96%

FOR: 10,968,994 (96.0%)AGAINST: 444,361 (3.9%)ABSTAIN: 1,435 (0.0%)A: 5,825 (0.1%)

Largest asset managers voting on “APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE SHYFT STOCK INCENTIVE PLAN.” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Vote
T. Rowe Price	1,915,247	0	For
Vanguard	1,770,952	0	For
BlackRock	1,566,697	0	For
Dimensional	1,200,039	0	For
Royce	833,329	0	For
Fidelity	732,040	0	For
Federated Hermes	446,481	0	For
TIAA	0	359,485	Against
Charles Schwab	351,974	0	For
Equitable	316,667	0	For
Managed Portfolio Series	225,799	0	For
Voya	169,921	0	For
WisdomTree	150,317	0	For
CLEARWATER INVESTMENT TRUST	146,731	0	For
FIRST EAGLE FUNDS	131,715	0	For
Northwestern Mutual	128,300	0	For
ADVISORS SERIES TRUST	118,873	0	For
Invesco	89,827	0	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	For
American Century	0	66,336	Against
QUANTITATIVE MASTER SERIES LLC	58,298	0	For
Prudential/PGIM	57,811	0	For
Gabelli	56,000	0	For
Lincoln Financial	51,685	0	For
John Hancock	41,635	0	For

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

4. The Merger Proposal Approve and adopt (a) the Agreement and Plan of Merger, dated as of December 16, 2024 (the "Merger Agreement"), by and among The Shyft Group, Inc. (the "Company"), Aebi Schmidt Holding AG ("Aebi Schmidt"), ASH US Group, LLC ("Holdco") and Badger Merger Sub, Inc. ("Merger Sub"), pursuant to which, on the terms and subject to the conditions set forth in the Merger Agreement, Merg

EXTRAORDINARY TRANSACTIONSMajority of the votes cast: yes

Meeting held 2025-06-17.

Combines 3 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 28,074,767AGAINST: 129,541

The Shyft Group, Inc.’s own tally for this item (“Proposal 1: a proposal to approve and adopt the Merger Agreement and the transactions contemplated thereby, including the Merger (the " Merger Proposal ");”): 28,074,767 for, 129,541 against, per its Form 8-K filed 2025-06-17 (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 35,004,000 outstanding shares: 80% for, 0.4% against (81% of the company cast a for/against vote).

The 63 asset managers below cast 100% of the shares they voted on this item FOR (9,691,773 for, 0 against).

FOR 99.7%

FOR: 9,691,773 (99.7%)ABSTAIN: 27,950 (0.3%)

Largest asset managers voting on “The Merger Proposal Approve and adopt (a) the Agreement and Plan of Merger, dated as of December 16, 2024 (the” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Abstain	Vote
T. Rowe Price	2,119,283	0	For
Vanguard	1,848,074	0	For
BlackRock	1,513,435	0	For
Royce	854,765	0	For
Federated Hermes	395,057	0	For
Charles Schwab	363,792	0	For
Equitable	292,362	27,950	For
TIAA	259,442	0	For
Managed Portfolio Series	227,000	0	For
Voya	176,881	0	For
CLEARWATER INVESTMENT TRUST	146,731	0	For
WisdomTree	141,122	0	For
FIRST EAGLE FUNDS	137,874	0	For
Northwestern Mutual	131,202	0	For
ANCORA TRUST	99,734	0	For
ADVISORS SERIES TRUST	90,548	0	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	For
Invesco	72,587	0	For
American Century	69,899	0	For
Russell Investments	58,328	0	For
QUANTITATIVE MASTER SERIES LLC	58,298	0	For
Lincoln Financial	51,685	0	For
Gabelli	50,000	0	For
John Hancock	42,212	0	For
Bridge Builder Trust	32,831	0	For

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

5. The Adjournment Proposal Approve the adjournment of the Special Meeting, if necessary or appropriate, including to solicit additional proxies, in the event that there are not sufficient votes at the time of the Special Meeting to approve the Merger Proposal or the Advisory Compensation Proposal (the "Adjournment Proposal").

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2025-06-17.

Combines 2 wordings of this item as funds reported it.

34% Majority: no · of votes cast

FOR 34%AGAINST 66%

FOR: 2,349,143AGAINST: 4,645,470

The Shyft Group, Inc.’s own tally for this item (“Proposal 3: a proposal to approve the adjournment of the Special Meeting, if necessary or appropriate, including to solicit additional proxies, in the event that there are not sufficient votes at the time of the Special ”): 2,349,143 for, 4,645,470 against, per its Form 8-K filed 2025-06-17 (Item 5.07). FOR was not 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 35,004,000 outstanding shares: 7% for, 13% against (20% of the company cast a for/against vote).

The 62 asset managers below cast 76% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 75%AGAINST 24%

FOR: 75.4%AGAINST: 24.3%ABSTAIN: 0.3%

Largest asset managers voting on “The Adjournment Proposal Approve the adjournment of the Special Meeting, if necessary or appropriate, includin” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Abstain	Vote
T. Rowe Price	0	2,119,283	0	Against
Vanguard	1,848,074	0	0	For
BlackRock	1,513,435	0	0	For
Royce	854,765	0	0	For
Federated Hermes	395,057	0	0	For
Charles Schwab	363,792	0	0	For
Equitable	292,362	0	27,950	For
TIAA	259,442	0	0	For
Managed Portfolio Series	227,000	0	0	For
Voya	176,881	0	0	For
WisdomTree	141,122	0	0	For
FIRST EAGLE FUNDS	137,874	0	0	For
Northwestern Mutual	0	131,202	0	Against
ANCORA TRUST	99,734	0	0	For
ADVISORS SERIES TRUST	90,548	0	0	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	0	For
Invesco	72,587	0	0	For
American Century	69,899	0	0	For
Russell Investments	58,328	0	0	For
QUANTITATIVE MASTER SERIES LLC	58,298	0	0	For
Lincoln Financial	27,069	24,616	0	For
Gabelli	50,000	0	0	For
John Hancock	13,335	28,877	0	Against
Bridge Builder Trust	32,831	0	0	For
Prudential/PGIM	31,511	0	0	For

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

6. RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-05-14.

Combines 2 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 30,282,177AGAINST: 145,190

The Shyft Group, Inc.’s own tally for this item (“Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025:”): 30,282,177 for, 145,190 against, per its Form 8-K filed 2025-05-14 (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 35,004,000 outstanding shares: 87% for, 0.5% against (87% of the company cast a for/against vote).

The 61 asset managers below cast 99.9% of the shares they voted on this item FOR (11,413,213 for, 127 against).

FOR 99.9%

FOR: 11,413,213 (100.0%)AGAINST: 127 (0.0%)ABSTAIN: 1,435 (0.0%)

Largest asset managers voting on “RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUN” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Vote
T. Rowe Price	1,915,247	For
Vanguard	1,770,952	For
BlackRock	1,566,697	For
Dimensional	1,200,039	For
Royce	833,329	For
Fidelity	732,040	For
Federated Hermes	446,481	For
TIAA	359,485	For
Charles Schwab	351,974	For
Equitable	316,667	For
Managed Portfolio Series	225,799	For
Voya	169,921	For
WisdomTree	150,317	For
CLEARWATER INVESTMENT TRUST	146,731	For
FIRST EAGLE FUNDS	131,715	For
Northwestern Mutual	128,300	For
ADVISORS SERIES TRUST	118,873	For
Invesco	89,827	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	For
American Century	66,336	For
QUANTITATIVE MASTER SERIES LLC	58,298	For
Prudential/PGIM	57,811	For
Gabelli	56,000	For
Lincoln Financial	51,685	For
John Hancock	41,635	For

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

7. Election of Directors: Carl Esposito

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-14.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 26,848,507WITHHELD: 291,011

The Shyft Group, Inc.’s own tally for this item (“Elect Director: Carl Esposito”): 26,848,507 for, 291,011 withheld, per its Form 8-K filed 2025-05-14 (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 35,004,000 outstanding shares: 77% for, 0.9% withheld (78% of the company cast a for/withheld vote).

The 60 asset managers below cast 100% of the shares they voted on this item FOR (11,357,093 for, 0 against).

FOR 99.9%

FOR: 11,357,093 (100.0%)ABSTAIN: 1,682 (0.0%)

Largest asset managers voting on “Election of Directors: Carl Esposito” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Abstain	Vote
T. Rowe Price	1,915,247	0	For
Vanguard	1,770,952	0	For
BlackRock	1,566,697	0	For
Dimensional	1,200,039	0	For
Royce	833,329	0	For
Fidelity	731,793	247	For
Federated Hermes	446,481	0	For
TIAA	359,485	0	For
Charles Schwab	351,974	0	For
Equitable	316,667	0	For
Managed Portfolio Series	225,799	0	For
Voya	169,921	0	For
WisdomTree	150,317	0	For
CLEARWATER INVESTMENT TRUST	146,731	0	For
FIRST EAGLE FUNDS	131,715	0	For
Northwestern Mutual	128,300	0	For
ADVISORS SERIES TRUST	118,873	0	For
Invesco	89,827	0	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	For
American Century	66,336	0	For
QUANTITATIVE MASTER SERIES LLC	58,298	0	For
Prudential/PGIM	57,811	0	For
Lincoln Financial	51,685	0	For
John Hancock	41,635	0	For
Columbia Threadneedle	36,185	0	For

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

8. Election of Directors: James Sharman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-14.

Combines 4 wordings of this item as funds reported it.

72% Majority: yes · of votes cast

FOR 72%WITHHELD 28%

FOR: 19,420,702WITHHELD: 7,718,816

The Shyft Group, Inc.’s own tally for this item (“Elect Director: James Sharman”): 19,420,702 for, 7,718,816 withheld, per its Form 8-K filed 2025-05-14 (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 35,004,000 outstanding shares: 55% for, 22% withheld (78% of the company cast a for/withheld vote).

The 60 asset managers below cast 100% of the shares they voted on this item FOR (7,250,058 for, 0 against).

FOR 64%ABSTAIN 36%

FOR: 7,250,058 (63.8%)ABSTAIN: 4,108,717 (36.2%)

Largest asset managers voting on “Election of Directors: James Sharman” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Abstain	Vote
T. Rowe Price	11,117	1,904,130	Abstain
Vanguard	1,770,952	0	For
BlackRock	227,397	1,339,300	Abstain
Dimensional	1,200,039	0	For
Royce	833,329	0	For
Fidelity	731,793	247	For
Federated Hermes	0	446,481	Abstain
TIAA	359,485	0	For
Charles Schwab	351,974	0	For
Equitable	255,750	60,917	For
Managed Portfolio Series	225,799	0	For
Voya	169,921	0	For
WisdomTree	150,317	0	For
CLEARWATER INVESTMENT TRUST	146,731	0	For
FIRST EAGLE FUNDS	131,715	0	For
Northwestern Mutual	0	128,300	Abstain
ADVISORS SERIES TRUST	118,873	0	For
Invesco	0	89,827	Abstain
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	For
American Century	66,336	0	For
QUANTITATIVE MASTER SERIES LLC	0	58,298	Abstain
Prudential/PGIM	57,811	0	For
Lincoln Financial	51,685	0	For
John Hancock	13,335	28,300	Abstain
Columbia Threadneedle	36,185	0	For

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

9. Election of Directors: Terri Pizzuto

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-14.

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 26,895,343WITHHELD: 244,175

The Shyft Group, Inc.’s own tally for this item (“Elect Director: Terri Pizzuto”): 26,895,343 for, 244,175 withheld, per its Form 8-K filed 2025-05-14 (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 35,004,000 outstanding shares: 77% for, 0.7% withheld (78% of the company cast a for/withheld vote).

The 60 asset managers below cast 100% of the shares they voted on this item FOR (11,357,093 for, 0 against).

FOR 99.9%

FOR: 11,357,093 (100.0%)ABSTAIN: 1,682 (0.0%)

Largest asset managers voting on “Election of Directors: Terri Pizzuto” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Abstain	Vote
T. Rowe Price	1,915,247	0	For
Vanguard	1,770,952	0	For
BlackRock	1,566,697	0	For
Dimensional	1,200,039	0	For
Royce	833,329	0	For
Fidelity	731,793	247	For
Federated Hermes	446,481	0	For
TIAA	359,485	0	For
Charles Schwab	351,974	0	For
Equitable	316,667	0	For
Managed Portfolio Series	225,799	0	For
Voya	169,921	0	For
WisdomTree	150,317	0	For
CLEARWATER INVESTMENT TRUST	146,731	0	For
FIRST EAGLE FUNDS	131,715	0	For
Northwestern Mutual	128,300	0	For
ADVISORS SERIES TRUST	118,873	0	For
Invesco	89,827	0	For
KIRR MARBACH PARTNERS FUNDS INC	73,538	0	For
American Century	66,336	0	For
QUANTITATIVE MASTER SERIES LLC	58,298	0	For
Prudential/PGIM	57,811	0	For
Lincoln Financial	51,685	0	For
John Hancock	41,635	0	For
Columbia Threadneedle	36,185	0	For

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

10. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: no

Meeting held 2025-05-14.

39% Majority: no · of votes cast

FOR 39%AGAINST 61%

FOR: 10,093,413AGAINST: 15,799,365

The 2 asset managers below cast 100% of the shares they voted on this item FOR (162,657 for, 0 against).

FOR 100%

FOR: 162,657 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
CLEARWATER INVESTMENT TRUST	146,731	0	0	0	For
JPMorgan	15,926	0	0	0	For

11. Advisory Vote on Golden Parachutes

COMPENSATION

Meeting held 2025-06-17.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (162,596 for, 0 against).

FOR: 162,596 (100.0%)

Largest asset managers voting on “Advisory Vote on Golden Parachutes” at The Shyft Group, Inc., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
CLEARWATER INVESTMENT TRUST	146,731	0	0	0	For
JPMorgan	15,865	0	0	0	For

Largest The Shyft Group, Inc. shareholders voting in 2024-2025

Ranked by the number of The Shyft Group, Inc. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 35,004,000 shares outstanding at the time of that meeting.

Top The Shyft Group, Inc. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	T. Rowe Price	16.64%
2	PZENA INVESTMENT MANAGEMENT LLC	7.79%
3	BlackRock	7.71%
4	Vanguard	5.36%
5	Zuckerman Investment Group, LLC	5.27%
6	NewEdge Wealth, LLC	3.88%
7	Royce	3.44%
8	Federated Hermes	2.28%
9	SCHWERIN BOYLE CAPITAL MANAGEMENT INC	2.26%
10	Charles Schwab	2.08%

Reported The Shyft Group, Inc. ownership

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

The Shyft Group, Inc. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
T. Rowe Price Investment Management, Inc.	10.60%	13G
PZENA INVESTMENT MANAGEMENT LLC	10.23%	13G
BlackRock	9.42%	13F
Vanguard Group	5.05%	13F
Dimensional Fund Advisors	3.98%	13F
D.E. Shaw	2.56%	13F
Geode Capital	2.27%	13F
State Street	2.02%	13F
Nuveen	1.42%	13F
Charles Schwab	1.04%	13F

Percentages above are of 35,004,000 shares outstanding, as reported by The Shyft Group, Inc. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from The Shyft Group, Inc.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At The Shyft Group, Inc.'s 2 shareholder meetings in the 2024-2025 proxy season (held 2025-05-14 and 2025-06-17), 177 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,943 separate fund positions. Their filings are grouped here into 11 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 2025-06-17 — The Advisory Compensation Proposal Approve, on a non-binding, advisory basis, the compensation… — FOR was 87% 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: The Shyft Group, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-06-17.

The Shyft Group, Inc. proxy season coverage: 2023-2024 · 2024-2025 (this page).