Item 5.07. Submission of Matters to a Vote of Securities Holders.
On May 5, 2025, TeraWulf Inc. ("TeraWulf" or the "Company") held its Annual Meeting of Shareholders. The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows:
Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified. The voting results for each of the nominees were as follows:
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For
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Withhold
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Broker
Non-Votes
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Paul Prager
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151,766,724
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2,334,529
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94,858,561
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Nazar Khan
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149,404,700
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4,696,553
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94,858,561
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Kerri Langlais
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149,394,097
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4,707,156
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94,858,561
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Michael Bucella
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152,362,476
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1,738,777
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94,858,561
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Walter Carter
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152,370,758
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1,730,495
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94,858,561
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Amanda Fabiano
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152,402,872
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1,698,381
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94,858,561
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Catherine Motz
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152,257,037
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1,844,216
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94,858,561
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Steven Pincus
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145,673,466
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8,427,787
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94,858,561
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Lisa Prager
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139,079,484
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15,021,769
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94,858,561
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Proposal 2 - Non-binding, Advisory Vote on Executive Compensation:Our shareholders approved the 2024 compensation of TeraWulf's named executives. The voting results were as follows:
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For
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Against
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Abstain
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Broker
Non-Votes
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113,214,631
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40,150,413
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736,209
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94,858,561
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Proposal 3 - Ratification of appointment of Deloitte & Touche LLP ("Deloitte") as TeraWulf's Independent Registered Public Accounting Firm for 2025: Our shareholders ratified the selection of Deloitte as our independent registered public accounting firm for 2025. The voting results were as follows:
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For
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Against
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Abstain
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Broker
Non-Votes
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246,403,186
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1,546,562
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1,010,066
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0
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Proposal 4 - Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares thereunder: Our shareholders approved the amendment to our 2021 Omnibus Incentive Plan. The voting results were as follows:
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For
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Against
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Abstain
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Broker
Non-Votes
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133,481,258
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19,700,540
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919,455
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94,858,561
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