Shareholders of Nebius Group N.V. (NASDAQ: NBIS) approved all 10 proposals at the company’s annual general meeting held on August 25, 2026, according to a filing on Monday.
The meeting, conducted with both share classes voting as a single bloc, covered corporate governance, financial reporting, and strategic authorization measures. Class A shares totaling 238,402,543 and Class B shares totaling 33,455,053 combined to represent 572,953,073 voting rights.
All proposals passed with substantial margins. The extension of the deadline to prepare the 2025 accounts received 399,009,899 votes in favor against 119,540 against. Adoption of the 2025 accounts passed with 399,035,668 votes for and 93,281 against. Shareholders also discharged the board from liability with 397,925,569 votes in favor and 1,028,935 opposed.
Executive directors Arkady Volozh and Ophir Nave were re-elected, securing 377,275,928 and 381,408,394 votes respectively. All six non-executive directors—John Boynton, Elena Bunina, Arne Grimme, Kira Radinsky, Charles Ryan, and Matthew Weigand—were also re-appointed.
The meeting authorized the board to issue up to an additional 20% of issued Class A shares over five years, with 375,374,419 votes in support. A related proposal to exclude pre-emptive rights for existing shareholders on such issuances passed with 369,944,562 votes for. Shareholders also approved a share repurchase program allowing the company to buy back up to 20% of issued capital over 18 months, supported by 376,763,782 votes.
The cancellation of 2,243,621 Class C shares held in treasury received 398,989,648 votes in favor. The board’s proposal to appoint auditors passed with 402,937,752 votes for and 59,723 against.
