Core Scientific (NASDAQ:CORZ) held its 2026 Annual Meeting of Stockholders virtually on Tuesday, May 12, with stockholders voting on three proposals, including the election of directors, executive compensation and the ratification of the company’s independent auditor.
Adam Sullivan, Core Scientific’s president and chief executive officer, opened the meeting at 10:00 a.m. Eastern Time and welcomed stockholders, directors, officers and company representatives. Sullivan said the meeting was being conducted through a virtual online platform and introduced members of the board and management in attendance.
Stockholders Vote on Three Proposals
Todd DuChene, Core Scientific’s executive vice president, chief legal and administrative officer, and secretary, conducted the formal business portion of the meeting. DuChene said the meeting was held to consider the three proposals included in the notice of annual meeting and proxy materials made available to stockholders as of the March 23, 2026 record date.
DuChene said notice of the meeting and the proxy statement were mailed or otherwise made available on March 31, 2026, to stockholders of record. Natalie Hairston of American Election Services, LLC, appointed by the board as Inspector of Election, confirmed that votes represented in person or by proxy exceeded a majority of the voting power of the outstanding shares entitled to vote, establishing a quorum.
The three proposals presented to stockholders were:
- Election of five director nominees to serve until the 2027 Annual Meeting of Stockholders: Jeff Booth, Elizabeth Crain, Yadin Rozov, Adam Sullivan and Eric Weiss.
- Approval, on a non-binding advisory basis, of the compensation of the company’s named executive officers as disclosed in the proxy statement.
- Ratification of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending Dec. 31, 2026.
Preliminary Results Show All Proposals Approved
DuChene said no stockholder questions related to the proposals were submitted during the meeting. The polls closed at 10:06 a.m. Eastern Time.
Based on the preliminary report from the Inspector of Election, DuChene said each of the nominees for director was elected, the advisory vote on named executive officer compensation was approved, and the selection of KPMG LLP as the company’s independent registered public accounting firm for fiscal 2026 was ratified.
DuChene said a full tally of the votes will be published in a current report on Form 8-K, to be filed with the Securities and Exchange Commission within four business days. With no further formal business, the meeting was adjourned.
About Core Scientific (NASDAQ:CORZ)
Core Scientific, Inc (NASDAQ: CORZ) is a leading provider of large-scale blockchain infrastructure and digital asset mining services. The company develops, owns and operates high-performance data centers optimized for the mining of Bitcoin and other proof-of-work cryptocurrencies. In addition to its core mining operations, Core Scientific offers colocation, hosting and managed services designed to support institutional clients and enterprise users in deploying and scaling blockchain nodes and computing hardware.
Core Scientific’s service portfolio includes hardware procurement, deployment and maintenance, real-time monitoring, power management and network connectivity.
