Core Scientific say-on-pay fails; shareholders approve 48M share incentive plan

Core Scientific, Inc./tx

Say-on-pay vote fails with 113.6M against vs 70.4M for (61% opposed); non-binding but strong shareholder disapproval.
Stockholders approve increase in 2024 Stock Incentive Plan share reserve to 48 million shares (from prior limit).
Annual Meeting adjourned for proposals 4–6 (charter amendments to declassify board, remove supermajority, eliminate creditor consent); reconvenes May 23.
Adam Sullivan elected director with 178.6M votes for; KPMG ratified as auditor for FY2025.
Advisory vote on frequency: 1 year selected; board will hold annual say-on-pay votes.

item 5.02 item 5.07 item 9.01

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