# EDGAR Filing Document

**Accession Number:** 0000949509
**File Stem:** 0001438934-25-001837
**Filing Date:** 2025-8
**Character Count:** 42093
**Document Hash:** 975b05c8362e6b39ed2b1eb5907319ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001438934-25-001837.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001438934-25-001837

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**EFFECTIVENESS DATE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OAKTREE CAPITAL MANAGEMENT LP
- **CENTRAL INDEX KEY:** 0000949509

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05050
- **FILM NUMBER:** 251259407

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVENUE 28TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2138306300

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE 28TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OAKTREE CAPITAL MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20010605

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0000949509

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** OAKTREE CAPITAL MANAGEMENT LP

**Address:** 333 South Grand Avenue, Los Angeles, CA 90071

**Telephone number:** 2133563252

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-05050

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** JOAJT0QKF9HWVYTX5K56

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [x] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 2

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                   | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                                                                                          | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   | SHARES VOTED FOR OR AGAINST MANAGEMENT   | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| ADC THERAPEUTICS SA              | H0036K147 | 06/03/2025     | Approving, on an advisory basis under U.S. law, the compensation paid to our Named Executive Officers: The Board of Directors is proposing that the following proposal: "RESOLVED, that the Company's Shareholders approve, on an advisory basis under U.S. law, the compensation of the Company's Named Executive Officers, as disclosed in "Executive Compensation" and the related compensation tables and narrative disclosure in this proxy statement", be approved. | SECTION 14A SAY-ON-PAY VOTES |        3731269 |                0 | ABSTAIN     | 3731269                                  | AGAINST                     |  |
| ALLEGRO.EU                       | L0R67D109 | 06/26/2025     | APPROVE REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        1603429 |                0 | FOR         | 1603429                                  | FOR                         |  |
| ALPHA SERVICES AND HOLDINGS S.A. | X0084L106 | 07/24/2024     | ADVISORY VOTE ON REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |       18420081 |                0 | FOR         | 18420081                                 | FOR                         |  |
| ALPHA SERVICES AND HOLDINGS S.A. | X0084L106 | 05/21/2025     | DELIBERATION AND ADVISORY VOTE ON THE REMUNERATION REPORT FOR THE FINANCIAL YEAR 2024, IN ACCORDANCE WITH ARTICLE 112 OF LAW 4548/2018                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |       13446004 |                0 | FOR         | 13446004                                 | FOR                         |  |
| ALTICE USA, INC.                 | 02156K103 | 06/11/2025     | To approve, in an advisory vote, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        7500000 |                0 | ABSTAIN     | 7500000                                  | AGAINST                     |  |
| ALTICE USA, INC.                 | 02156K103 | 06/11/2025     | To recommend, by non-binding advisory vote, the frequency of executive compensation votes.                                                                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        7500000 |                0 | 1 YEAR      | 7500000                                  | AGAINST                     |  |
| ALVOTECH                         | L01800108 | 06/25/2025     | Presentation of and advisory vote on the remuneration report for the board of directors of the Company.                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1705732 |                0 | ABSTAIN     | 1705732                                  | AGAINST                     |  |
| ANGLOGOLD ASHANTI PLC            | G0378L100 | 05/27/2025     | Directors' Remuneration Report: To approve the Directors' Remuneration Report for the year ended 31 December 2024 as set out in the 2024 ARA.                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3026307 |             8186 | FOR         | 3026307                                  | FOR                         |  |
| ARCH RESOURCES, INC.             | 03940R107 | 01/09/2025     | To approve, on a non-binding, advisory basis, certain compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Merger.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| ASPEN PHARMACARE HOLDINGS PLC    | S0754A105 | 12/05/2024     | REMUNERATION IMPLEMENTATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1493100 |                0 | FOR         | 1493100                                  | FOR                         |  |
| BABCOCK INTERNATIONAL GROUP PLC  | G0689Q152 | 09/19/2024     | TO APPROVE THE DIRECTORS' REMUNERATION REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024                                                                                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |       14399771 |                0 | FOR         | 14399771                                 | FOR                         |  |
| BARRICK GOLD CORPORATION         | 067901108 | 05/06/2025     | ADVISORY RESOLUTION ON APPROACH TO EXECUTIVE COMPENSATION.                                                                                                                                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        1520504 |                0 | FOR         | 1520504                                  | FOR                         |  |
| BATTALION OIL CORPORATION        | 07134L107 | 11/21/2024     | To approve, in a non-binding advisory vote, executive compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        3988089 |                0 | FOR         | 3988089                                  | FOR                         |  |
| BATTALION OIL CORPORATION        | 07134L107 | 11/21/2024     | To determine, in a non-binding advisory vote, whether a stockholder vote to approve the compensation of our named executive officers should occur every one, two or three years.                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        3988089 |                0 | 1 YEAR      | 3988089                                  | AGAINST                     |  |
| BATTALION OIL CORPORATION        | 07134L107 | 06/12/2025     | To approve, in a non-binding advisory vote, executive compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3988089 |                0 | FOR         | 3988089                                  | FOR                         |  |
| BATTALION OIL CORPORATION        | 07134L107 | 06/12/2025     | To determine, in a non-binding advisory vote, whether a stockholder vote to approve the compensation of the Company's named executive officers should occur every one, two or three years.                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        3988089 |                0 | 1 YEAR      | 3988089                                  | AGAINST                     |  |
| BAUSCH HEALTH COMPANIES, INC.    | 071734107 | 05/13/2025     | The approval, in an advisory vote, of the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1270000 |                0 | ABSTAIN     | 1270000                                  | AGAINST                     |  |
| BERRY CORPORATION (BRY)          | 08579X101 | 05/20/2025     | Approve a non-binding resolution regarding the compensation of the Company's named executive officers for 2024 (say-on-pay).                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        3696996 |                0 | FOR         | 3696996                                  | FOR                         |  |
| BLACKSTONE MORTGAGE TRUST, INC.  | 09257W100 | 06/27/2025     | Advisory Vote on Executive Compensation: To approve in a non-binding, advisory vote, the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| BLACKSTONE MORTGAGE TRUST, INC.  | 09257W100 | 06/27/2025     | Frequency of Advisory Vote on Executive Compensation: To approve in a non-binding, advisory vote, whether a stockholder vote to approve the compensation of our named executive officers should occur every one, two or three years.                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| CALIFORNIA RESOURCES CORPORATION | 13057Q305 | 05/02/2025     | To approve, by non-binding vote, named executive officer compensation.                                                                                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |        1376753 |                0 | FOR         | 1376753                                  | FOR                         |  |
| CBL  ASSOCIATES PROPERTIES, INC. | 124830878 | 05/22/2025     | An advisory vote on the approval of executive compensation.                                                                                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        3005127 |                0 | FOR         | 3005127                                  | FOR                         |  |
| CORE NATURAL RESOURCES, INC.     | 218937100 | 04/29/2025     | Approval, on an Advisory Basis, of the Compensation Paid to Core Natural Resources, Inc.'s Named Executive Officers in 2024.                                                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| ENDO, INC.                       | 29290D117 | 06/13/2025     | The Combination-Related Compensation Proposal - To consider and vote on, on a non-binding, advisory basis, a proposal to approve compensation that will or may become payable by Endo to its named executive officers in connection with the Transactions.                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        6129089 |                0 | FOR         | 6129089                                  | FOR                         |  |
| ENDO, INC.                       | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the compensation of our named executive officers (say-on-pay).                                                                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |        6129089 |                0 | FOR         | 6129089                                  | FOR                         |  |
| ENDO, INC.                       | 29290D117 | 06/25/2025     | To approve, on an advisory basis, the frequency of soliciting an advisory say-on-pay vote (say-on-frequency).                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        6129089 |                0 | 1 YEAR      | 6129089                                  | FOR                         |  |
| ENLINK MIDSTREAM, LLC            | 29336T100 | 01/30/2025     | To approve, on a non-binding advisory basis, the compensation that may be paid or become payable to EnLink's named executive officers that is based on or otherwise relates to the Mergers.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |        2499111 |                0 | FOR         | 2499111                                  | FOR                         |  |
| EXPAND ENERGY CORPORATION        | 165167735 | 06/05/2025     | To approve on an advisory basis our named executive officer compensation for 2024.                                                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        5562363 |                0 | FOR         | 5562363                                  | FOR                         |  |
| FORD OTOMOTIV SANAYI AS          | M7608S105 | 03/26/2025     | AS PER THE CORPORATE GOVERNANCE PRINCIPLES, INFORMING THE SHAREHOLDERS REGARDING THE REMUNERATION POLICY FOR MEMBERS OF THE BOARD OF DIRECTORS AND THE SENIOR EXECUTIVES AND PAYMENTS MADE UNDER THIS POLICY AND APPROVAL OF THE REMUNERATION POLICY AND RELATED PAYMENTS                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         385687 |                0 | FOR         | 385687                                   | FOR                         |  |
| FREEPORT-MCMORAN INC.            | 35671D857 | 06/11/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        1487813 |                0 | FOR         | 1487813                                  | FOR                         |  |
| FRESNILLO PLC                    | G371E2108 | 05/20/2025     | APPROVAL OF THE ANNUAL REPORT ON REMUNERATION                                                                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        2282551 |                0 | FOR         | 2282551                                  | FOR                         |  |
| GARRETT MOTION INC.              | 366505105 | 05/22/2025     | The approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers as disclosed in the Proxy Statement.                                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |       44015342 |            67474 | FOR         | 44015342                                 | FOR                         |  |
| GARRETT MOTION INC.              | 366505105 | 05/22/2025     | The approval, on an advisory (non-binding) basis, of the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |       44015342 |            67474 | 1 YEAR      | 6299014                                  | FOR                         |  |
| HARBOUR ENERGY PLC               | G4289T111 | 05/08/2025     | APPROVE THE DIRECTORS REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |        4741988 |                0 | ABSTAIN     | 4741988                                  | AGAINST                     |  |
| IMPALA PLATINUM HOLDINGS LTD     | S37840113 | 10/30/2024     | ENDORSEMENT OF THE COMPANY'S REMUNERATION IMPLEMENTATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1591997 |                0 | FOR         | 1591997                                  | FOR                         |  |
| INDIVIOR PLC                     | G4766E116 | 05/08/2025     | To approve the Directors' Remuneration Report for the year ended December 31, 2024.                                                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        2156666 |                0 | FOR         | 2156666                                  | FOR                         |  |
| INDIVIOR PLC                     | G4766E116 | 05/08/2025     | TO APPROVE THE DIRECTORS' REMUNERATION REPORT FOR THE YEAR ENDED DECEMBER 31, 2024                                                                                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        3882770 |          4969689 | FOR         | 3882770                                  | FOR                         |  |
| INFINERA CORPORATION             | 45667G103 | 10/01/2024     | To approve, on a non-binding, advisory basis, the compensation that will or may become payable by Infinera to its named executive officers in connection with the merger contemplated by the Merger Agreement.                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        4200000 |                0 | FOR         | 4200000                                  | FOR                         |  |
| KILROY REALTY CORPORATION        | 49427F108 | 05/20/2025     | ADVISORY VOTE TO RATIFY NAMED EXECUTIVE OFFICERS' COMPENSATION                                                                                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |        1850011 |                0 | FOR         | 1850011                                  | FOR                         |  |
| MAGNACHIP SEMICONDUCTOR CORP     | 55933J203 | 06/23/2025     | Advisory (non-binding) vote to approve the compensation of our named executive officers as set forth in the "Executive Compensation" section in the proxy statement.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |        2765466 |            84392 | FOR         | 2765466                                  | FOR                         |  |
| MR. PRICE GROUP LIMITED          | S5256M135 | 08/29/2024     | NON-BINDING ADVISORY VOTE ON THE REMUNERATION IMPLEMENTATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        1280006 |                0 | FOR         | 1280006                                  | FOR                         |  |
| NOKIA CORPORATION                | 654902204 | 04/29/2025     | Presentation and adoption of the Remuneration Report.                                                                                                                                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |       18752229 |                0 | FOR         | 18752229                                 | FOR                         |  |
| ONITY GROUP INC.                 | 675746606 | 05/21/2025     | Approval, on an advisory basis, of the compensation of the named executive officers, as disclosed in the accompanying Proxy Statement.                                                                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         410429 |                0 | FOR         | 410429                                   | FOR                         |  |
| OXFORD BIOMEDICA PLC             | G6836F189 | 06/11/2025     | TO RECEIVE THE DIRECTORS' REMUNERATION REPORT AND THE REPORT OF THE INDEPENDENT AUDITORS ON THE AUDITABLE PART OF THE REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         235717 |                0 | ABSTAIN     | 235717                                   | AGAINST                     |  |
| PKO BANK POLSKI S.A.             | X6919X108 | 06/13/2025     | ADOPTING RESOLUTIONS ON EXPRESSING AN OPINION REGARDING THE REPORT ON THE REMUNERATION OF THE MEMBERS OF THE MANAGEMENT BOARD AND THE SUPERVISORY BOARD OF PKO BANK POLSKI SA FOR THE YEAR 2024                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        1145402 |                0 | FOR         | 1145402                                  | FOR                         |  |
| PKO BANK POLSKI S.A.             | X6919X108 | 06/13/2025     | ADOPTING THE RESOLUTION ON THE ASSESSMENT OF THE CONDUCIVENESS OF PKO BANK POLSKI SA S REMUNERATION POLICY TO THE BANK S DEVELOPMENT AND OPERATIONAL SECURITY                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        1145402 |                0 | FOR         | 1145402                                  | FOR                         |  |
| SITIO ROYALTIES CORP             | 82983N108 | 05/13/2025     | ADVISORY VOTE TO RATIFY NAMED EXECUTIVE OFFICERS' COMPENSATION                                                                                                                                                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |       12940730 |                0 | FOR         | 12940730                                 | FOR                         |  |
| SUNOPTA INC.                     | 8676EP108 | 05/22/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |       23658579 |                0 | FOR         | 23658579                                 | FOR                         |  |
| SUNRISE COMMUNICATIONS           | 867975104 | 05/13/2025     | Advisory Vote on the Compensation Report 2024                                                                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 |  |  |  |  |
| SUNRISE COMMUNICATIONS AG        | H8365A119 | 05/13/2025     | ADVISORY VOTE ON THE COMPENSATION REPORT 2024                                                                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         927685 |           513150 | ABSTAIN     | 927685                                   | AGAINST                     |  |
| TALEN ENERGY CORPORATION         | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |         128398 |           264231 | FOR         | 128398                                   | FOR                         |  |
| TALEN ENERGY CORPORATION         | 87422Q109 | 05/07/2025     | To approve, on an advisory basis, the frequency of advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         128398 |           264231 | 1 YEAR      | 128398                                   | FOR                         |  |
| THE FOSCHINI GROUP LIMITED       | S29260155 | 09/05/2024     | NON-BINDING ADVISORY VOTE ON REMUNERATION IMPLEMENTATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        2058650 |                0 | FOR         | 2058650                                  | FOR                         |  |
| TORM PLC                         | G89479102 | 04/16/2025     | APPROVE REMUNERATION REPORT                                                                                                                                                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |       40581120 |                0 | FOR         | 40581120                                 | FOR                         |  |
| TRANSALTA CORP                   | 89346D107 | 04/24/2025     | ADVISORY VOTE TO ACCEPT THE COMPANY'S APPROACH TO EXECUTIVE COMPENSATION, AS DESCRIBED IN THE MANAGEMENT PROXY CIRCULAR                                                                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |        1472914 |          4112339 | FOR         | 1472914                                  | FOR                         |  |
| UNITI GROUP INC.                 | 91325V108 | 04/02/2025     | The Advisory Compensation Proposal: Approve on an advisory (non-binding) basis the compensation that may be paid or become payable to Uniti's named executive officers that is based on or otherwise relates to the Merger (Proposal 2).                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        3397592 |                0 | FOR         | 3397592                                  | FOR                         |  |
| UNITI GROUP INC.                 | 91325V108 | 05/29/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        3397592 |                0 | FOR         | 3397592                                  | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** OAKTREE CAPITAL MANAGEMENT LP

**By (Signature):** Bart Bixler

**By (Printed Signature):** Bart Bixler

**By (Title):** Vice President

**Date:** 08/21/2025