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Form N-PX · fund registrantSEC filer no. 1924868

Tidal Trust II

fund voting report

Vote records reported
19,488year to 30 June 2026
Against management
2.9%538 of 18,675 marked votes
Say-on-pay support
96.7%for, of for + against + abstain
Shareholder-proposal support
0.4%for, of for + against + abstain
92.2% for6.5% against1.3% other2.9% against management18,912 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

In its Form N-PX for the year to 30 June 2026, Tidal Trust II listed 19,488 vote records. Votes against management made up 2.9% of those marked either way (538 of 18,675); the median fund registrant stood at 6.2%.

Weighted by the number of shares voted, the against-management share is 1.8%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 96.7% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 0.4% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (7.7% of 1,555), OTHER (7.5% of 212) and ENVIRONMENT OR CLIMATE (6.1% of 147).

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share2.9%6.2%10.6%
Say-on-pay support rate96.7%91.6%86.0%
Shareholder-proposal support rate0.4%27.5%33.9%
Shares on loan, share of shares held0.00%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS12,84312,5791132.1%
SECTION 14A SAY-ON-PAY VOTES1,5631,425547.7%
AUDIT-RELATED1,6181,537785.0%
INVESTMENT COMPANY MATTERS7700.0%
SHAREHOLDER RIGHTS AND DEFENSES10735720.0%
EXTRAORDINARY TRANSACTIONS505000.0%
CAPITAL STRUCTURE59158380.9%
COMPENSATION527498281.9%
CORPORATE GOVERNANCE1,0566524033.7%
ENVIRONMENT OR CLIMATE147121356.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE18611850.5%
DIVERSITY, EQUITY, AND INCLUSION320320.0%
OTHER SOCIAL ISSUES289162730.7%
OTHER257213407.5%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20246,83610.4%81.8%3.7%
year to 30 June 20256,7507.5%84.9%1.4%
year to 30 June 202619,4882.9%96.7%0.4%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Tidal Trust II voted against management on 34 of the 853 it marked either way (4.0%) in the year to 30 June 2026.

A further 15 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 350 proposals from security holders that could be told apart in the filings and on which it cast a vote, Tidal Trust II voted for 3 (0.9%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
First Solar, Inc.13 May 2026Stockholder proposal to improve shareholder ability to call for a special shareholder meeting
Steel Dynamics, Inc.6 May 2026Shareholder proposal - avoid political spending brand damage
DocuSign, Inc.1 Jun 2026A stockholder proposal to report on the risks of non-fiduciary executive compensation metrics

Shares on loan

Tidal Trust II reported no shares on loan for the year to 30 June 2026. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Fund series in this filing

35 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Defiance Large Cap ex-Mag 7 ETF6,3550.3%100.0%0.0%
Blueprint Chesapeake Multi-Asset Trend ETF2,0130.9%100.0%0.0%
Even Herd Long Short ETF1,5560.9%100.0%0.0%
Carbon Collective Climate Solutions U.S. Equity ETF1,04042.8%44.7%not reported
CoreValues America First Technology ETF9210.5%100.0%0.0%
YieldMax Target 12 Big 50 Option Income ETF7840.3%100.0%0.0%
Cambria Chesapeake Pure Trend ETF6821.3%100.0%0.0%
Hilton Small-MidCap Opportunity ETF6521.7%100.0%0.0%
Defiance AI & Power Infrastructure ETF6080.5%100.0%0.0%
Grizzle Growth ETF5100.6%100.0%0.0%
Roundhill Generative AI & Technology ETF4570.9%100.0%0.0%
iREIT - MarketVector Quality REIT Index ETF3640.3%100.0%not reported
YieldMax AI & Tech Portfolio Option Income ETF3220.9%100.0%0.0%
YieldMax Target 12 Semiconductor Option Income ETF3090.7%100.0%0.0%
YieldMax Target 12 Real Estate Option Income ETF3010.3%100.0%not reported
YieldMax Semiconductor Portfolio Option Income ETF2700.7%100.0%0.0%
YieldMax U.S. Stocks Target Double Distribution ETF2640.0%100.0%0.0%
Pinnacle Focused Opportunities ETF2520.4%100.0%0.0%
YieldMax Ultra Option Income Strategy ETF2250.4%100.0%0.0%
YieldMax Strategic Metals & Mining Portfolio Option Income ETF1961.0%100.0%not reported
CoreValues Alpha Greater China Growth ETF1900.0%not reportednot reported
Nicholas Defense and Rare Earth Income ETF1890.6%100.0%0.0%
Nicholas Global Equity and Income ETF1700.0%100.0%0.0%
YieldMax Crypto Industry & Tech Portfolio Option Income ETF1561.3%100.0%0.0%
Nicholas Gold Income ETF1420.0%100.0%not reported
Nicholas Crypto Income ETF1343.0%100.0%not reported
Nicholas Nuclear Income ETF1341.5%100.0%not reported
Nicholas Silver Income ETF1070.0%100.0%not reported
Return Stacked Bonds & Merger Arbitrage ETF800.0%100.0%not reported
YieldMax Dorsey Wright Hybrid 5 Income ETF591.7%not reported0.0%
Chesapeake Trend-Following Fixed Income ETF110.0%not reportednot reported
Defiance Nasdaq 100 Income Target ETF110.0%not reportednot reported
DGA Absolute Return ETF110.0%not reportednot reported
Tactical Advantage ETF80.0%not reportednot reported
YieldMax AI Option Income Strategy ETF50.0%not reportednot reported

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did Tidal Trust II vote on executive pay?

In the year to 30 June 2026 Tidal Trust II reported 1,474 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1,425 were for (96.7%), 49 against and 0 abstentions. Counting one item per company meeting, it voted against management on 34 of the 853 say-on-pay items it marked either way. A further 15 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Tidal Trust II vote against management?

2.9% of the time in the year to 30 June 2026: 538 of the 18,675 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did Tidal Trust II support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 136 votes on proposals from security holders in the year to 30 June 2026 and voted for 1 of them (0.7%). Across every category it voted for 0.4% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Tidal Trust II (filer no. 1924868), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.