# EDGAR Filing Document

**Accession Number:** 0001512022
**File Stem:** 0001512022-25-000008
**Filing Date:** 2025-8
**Character Count:** 44027
**Document Hash:** 51f6b7372978fb29ddb75caee2493a64
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001512022-25-000008.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0001512022-25-000008

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Herald Investment Management Ltd
- **CENTRAL INDEX KEY:** 0001512022

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14180
- **FILM NUMBER:** 251204629

**BUSINESS ADDRESS:**
- **STREET 1:** 10-11 CHARTERHOUSE SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** EC1M 6EE
- **BUSINESS PHONE:** 0207 553 6308

**MAIL ADDRESS:**
- **STREET 1:** 10-11 CHARTERHOUSE SQUARE
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** EC1M 6EE

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

## N-PX: Filer Information

**Filer CIK:** 0001512022

**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:** Herald Investment Management Ltd

**Address:** 10-11 Charterhouse Square, London, X0 EC1M 6EE

**Telephone number:** 0044-207-5536300

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-14180

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

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

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] 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:** 0

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Kyndryl Holdings, Inc.                | 50155Q100 | 07/25/2024     | Approval, in an advisory, non-binding vote, of the compensation of our named executive officers.                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  67000         |                0 | FOR         |                            67000         | FOR                         |  |
| Quantum Corporation                   | 747906600 | 08/15/2024     | Approval of the compensation of our named executive officers, on a non-binding advisory basis.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |      1e+06     |                0 | FOR         |                                1e+06     | FOR                         |  |
| American Software, Inc.               | 029683109 | 08/20/2024     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 750000         |                0 | FOR         |                           750000         | FOR                         |  |
| Dynatrace, Inc.                       | 268150109 | 08/23/2024     | Non-binding advisory vote on the compensation of Dynatrace's named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  50000         |                0 | FOR         |                            50000         | FOR                         |  |
| Digital Turbine, Inc.                 | 25400W102 | 08/27/2024     | To approve, in a non-binding advisory vote, the compensation of our named executive officers, commonly referred to as "Say-on-pay."                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 600000         |                0 | FOR         |                           600000         | FOR                         |  |
| Lantronix, Inc.                       | 516548203 | 11/05/2024     | To approve, on a non-binding advisory basis, the compensation paid to our named executive officers as described in the proxy statement accompanying this notice.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |      1e+06     |                0 | FOR         |                                1e+06     | FOR                         |  |
| Aviat Networks, Inc.                  | 05366Y201 | 11/06/2024     | Advisory, non-binding vote to approve the Company's named executive officer compensation.                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 155000         |                0 | FOR         |                           155000         | FOR                         |  |
| Aviat Networks, Inc.                  | 05366Y201 | 11/06/2024     | Advisory, non-binding vote on the frequency of holding advisory, non-binding votes to approve the Company's named executive officer compensation.                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 155000         |                0 | ONE YEAR    |                           155000         | FOR                         |  |
| Microsoft Corporation                 | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  26000         |                0 | FOR         |                            26000         | FOR                         |  |
| Fabrinet                              | G3323L100 | 12/12/2024     | Approval, on a non-binding, advisory basis, of the compensation of Fabrinet's named executive officers.                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 183550         |                0 | FOR         |                           183550         | FOR                         |  |
| Micron Technology, Inc.               | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  36000         |                0 | FOR         |                            36000         | FOR                         |  |
| Franklin Covey Co.                    | 353469109 | 01/24/2025     | Advisory vote approval of executive compensation.                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 160000         |                0 | FOR         |                           160000         | FOR                         |  |
| Apple Inc.                            | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  25000         |                0 | FOR         |                            25000         | FOR                         |  |
| Kulicke and Soffa Industries, Inc.    | 501242101 | 03/05/2025     | To approve, on a non-binding basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 248100         |                0 | FOR         |                           248100         | FOR                         |  |
| Genasys Inc.                          | 36872P103 | 03/17/2025     | To consider an advisory vote on the compensation of our named executive officers; and                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 750000         |                0 | FOR         |                           750000         | FOR                         |  |
| Logility Supply Chain Solutions, Inc. | 029683109 | 04/03/2025     | To approve on a non-binding, advisory basis, the compensation that may be paid or may become payable to the Company's named executive officers in connection with, or following, the consummation of the merger of Update Merger Sub, Inc., a wholly owned subsidiary of Aptean, Inc., with and into the Company. | SECTION 14A SAY-ON-PAY VOTES | 823655         |                0 | FOR         |                           823655         | FOR                         |  |
| Texas Instruments Incorporated        | 882508104 | 04/17/2025     | Board proposal regarding advisory approval of the Company's executive compensation.                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   4100         |                0 | FOR         |                             4100         | FOR                         |  |
| Ceva, Inc.                            | 157210105 | 05/05/2025     | Advisory vote to approve named executive officer compensation;                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 325000         |                0 | FOR         |                           325000         | FOR                         |  |
| Arrow Electronics, Inc.               | 042735100 | 05/06/2025     | To approve, by non-binding vote, named executive officer compensation.                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  15200         |                0 | FOR         |                            15200         | FOR                         |  |
| AvePoint, Inc.                        | 053604104 | 05/06/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 700000         |                0 | FOR         |                           700000         | FOR                         |  |
| Intel Corporation                     | 458140100 | 05/06/2025     | Advisory vote on executive compensation (Say-On-Pay).                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  19000         |                0 | ABSTAIN     |                            19000         | AGAINST                     |  |
| Cogent Communications Holdings, Inc.  | 19239V302 | 05/07/2025     | Non-Binding Advisory Vote to approve Named Executive Officer Compensation.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 200600         |                0 | FOR         |                           200600         | FOR                         |  |
| Intellicheck, Inc.                    | 45817G201 | 05/07/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      1e+06     |                0 | FOR         |                                1e+06     | FOR                         |  |
| Intellicheck, Inc.                    | 45817G201 | 05/07/2025     | Advisory vote to approve the frequency of future advisory votes to approve of executive compensation.                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      1e+06     |                0 | ONE YEAR    |                                1e+06     | FOR                         |  |
| Cadence Design Systems, Inc.          | 127387108 | 05/08/2025     | Advisory resolution to approve named executive officer compensation.                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   2500         |                0 | FOR         |                             2500         | FOR                         |  |
| Veeco Instruments Inc.                | 922417100 | 05/08/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers;                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | FOR         |                           200000         | FOR                         |  |
| Teradyne, Inc.                        | 880770102 | 05/09/2025     | To approve, on a non-binding, advisory basis, the 2024 compensation of the Company's named executive officers.                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  20600         |                0 | FOR         |                            20600         | FOR                         |  |
| Forrester Research, Inc.              | 346563109 | 05/13/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 150000         |                0 | FOR         |                           150000         | FOR                         |  |
| SPS Commerce, Inc.                    | 78463M107 | 05/13/2025     | Advisory approval of the compensation of the named executive officers of SPS Commerce, Inc.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  47500         |                0 | FOR         |                            47500         | FOR                         |  |
| SPS Commerce, Inc.                    | 78463M107 | 05/13/2025     | Advisory vote regarding the frequency of holding future say-on-pay votes.                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  47500         |                0 | ONE YEAR    |                            47500         | FOR                         |  |
| Advanced Micro Devices, Inc.          | 007903107 | 05/14/2025     | Approve on a non-binding, advisory basis the compensation of the named executive officers, as disclosed in this proxy statement pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  30920         |                0 | FOR         |                            30920         | FOR                         |  |
| Akamai Technologies, Inc.             | 00971T101 | 05/14/2025     | To approve, on an advisory basis, our named executive officer compensation.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  15200         |                0 | FOR         |                            15200         | FOR                         |  |
| Alkami Technology, Inc.               | 01644J108 | 05/14/2025     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 150000         |                0 | FOR         |                           150000         | FOR                         |  |
| Alkami Technology, Inc.               | 01644J108 | 05/14/2025     | To select, on a non-binding advisory basis, the recommended frequency of future advisory votes to approve the compensation of our named executive officers.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 150000         |                0 | ONE YEAR    |                           150000         | FOR                         |  |
| BigCommerce Holdings, Inc.            | 08975P108 | 05/15/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 625000         |                0 | FOR         |                           625000         | FOR                         |  |
| Power Integrations, Inc.              | 739276103 | 05/15/2025     | To approve, on an advisory basis, the compensation of Power Integrations' named executive officers, as disclosed in the proxy statement.                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  38000         |                0 | FOR         |                            38000         | FOR                         |  |
| FormFactor, Inc.                      | 346375108 | 05/16/2025     | Advisory approval of Form Factor's executive compensation.                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 118300         |                0 | FOR         |                           118300         | FOR                         |  |
| Amazon.com, Inc.                      | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  46400         |                0 | FOR         |                            46400         | FOR                         |  |
| FARO Technologies, Inc.               | 311642102 | 05/21/2025     | Non-binding resolution to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  80000         |                0 | FOR         |                            80000         | FOR                         |  |
| Five9, Inc.                           | 338307101 | 05/21/2025     | To approve, on a non-binding advisory basis, the compensation of the named executive officers as disclosed in the proxy statement.                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 210600         |                0 | FOR         |                           210600         | FOR                         |  |
| Vishay Precision Group, Inc.          | 92835K103 | 05/21/2025     | To approve the non-binding resolution relating to the executive compensation.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 150000         |                0 | FOR         |                           150000         | FOR                         |  |
| Everspin Technologies, Inc.           | 30041T104 | 05/22/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 600000         |                0 | FOR         |                           600000         | FOR                         |  |
| Inuvo, Inc.                           | 46122W303 | 05/22/2025     | Approval of the Advisory Vote on Executive Compensation.                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |      5.775e+06 |                0 | FOR         |                                5.775e+06 | FOR                         |  |
| N-able, Inc.                          | 62878D100 | 05/22/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 413000         |                0 | FOR         |                           413000         | FOR                         |  |
| Bel Fuse Inc.                         | 077347201 | 05/27/2025     | With respect to the approval, on an advisory basis, of the executive compensation of Bel's named executive officers as described in the Proxy Statement                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |   7500         |                0 | FOR         |                             7500         | FOR                         |  |
| Ribbon Communications Inc.            | 762544104 | 05/28/2025     | To approve, on a non-binding, advisory basis, the compensation of Ribbon Communication Inc.'s named executive officers as disclosed in the "Compensation Discussion and Analysis" section and the accompanying compensation tables and related narratives contained in the Proxy Statement.                       | SECTION 14A SAY-ON-PAY VOTES | 912869         |                0 | FOR         |                           912869         | FOR                         |  |
| Bandwidth Inc.                        | 05988J103 | 05/29/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement;                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 210000         |                0 | FOR         |                           210000         | FOR                         |  |
| Couchbase, Inc.                       | 22207T101 | 05/29/2025     | Approval, on an advisory, non-binding basis, of the compensation of our named executive officers.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | AGAINST     |                           200000         | AGAINST                     |  |
| Couchbase, Inc.                       | 22207T101 | 05/29/2025     | Approval, on an advisory, non-binding basis, of the frequency of future advisory, non-binding votes to approve the compensation of our named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | ONE YEAR    |                           200000         | FOR                         |  |
| HealthStream, Inc.                    | 42222N103 | 05/29/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as described in the Company's proxy statement.                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 190000         |                0 | FOR         |                           190000         | FOR                         |  |
| Arista Networks, Inc.                 | 040413205 | 05/30/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  22700         |                0 | FOR         |                            22700         | FOR                         |  |
| Climb Global Solutions, Inc.          | 946760105 | 06/03/2025     | A non-binding advisory resolution to approve the compensation of the Company's named executive officers, as described in the Company's proxy statement.                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  40000         |                0 | FOR         |                            40000         | FOR                         |  |
| Climb Global Solutions, Inc.          | 946760105 | 06/03/2025     | The approval of the frequency of future advisory votes on executive compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  40000         |                0 | ONE YEAR    |                            40000         | FOR                         |  |
| Leonardo DRS, Inc.                    | 52661A108 | 06/04/2025     | Advisory resolution regarding the compensation of the Company's Named Executive Officers                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 320000         |                0 | FOR         |                           320000         | FOR                         |  |
| Rimini Street, Inc.                   | 76674Q107 | 06/04/2025     | Advisory vote to approve the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 850000         |                0 | FOR         |                           850000         | FOR                         |  |
| Super Micro Computer, Inc.            | 86800U302 | 06/04/2025     | To approve, on a non-binding advisory basis, the compensation of the named executive officers as disclosed in the proxy statement.                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 754500         |                0 | FOR         |                           754500         | FOR                         |  |
| Ooma, Inc.                            | 683416101 | 06/05/2025     | To approve a non-binding advisory vote on the compensation of our named executive officers as described in the Proxy Statement.                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 260000         |                0 | FOR         |                           260000         | FOR                         |  |
| Varonis Systems, Inc.                 | 922280102 | 06/05/2025     | To approve, on a non-binding, advisory basis, the executive compensation of our named executive officers.                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 443500         |                0 | FOR         |                           443500         | FOR                         |  |
| First Advantage Corporation           | 31846B108 | 06/06/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 300000         |                0 | FOR         |                           300000         | FOR                         |  |
| OneSpan Inc.                          | 68287N100 | 06/06/2025     | To approve, on an advisory basis, the Company's named executive officer compensation;                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | FOR         |                           200000         | FOR                         |  |
| M-tron Industries, Inc.               | 55380K109 | 06/10/2025     | To approve a non-binding advisory resolution regarding the compensation of our Named Executive Officers.                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  35000         |                0 | FOR         |                            35000         | FOR                         |  |
| nLIGHT, Inc.                          | 65487K100 | 06/10/2025     | To approve, on an advisory, non-binding basis, the compensation of our named executive officers.                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 260000         |                0 | FOR         |                           260000         | FOR                         |  |
| Red Violet, Inc.                      | 75704L104 | 06/10/2025     | To hold a non-binding advisory vote to approve our named executive officers' compensation; and                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | FOR         |                           200000         | FOR                         |  |
| Aware, Inc.                           | 05453N100 | 06/11/2025     | To conduct an advisory vote to approve the compensation of our named executive officers;                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 430000         |                0 | FOR         |                           430000         | FOR                         |  |
| Qualys, Inc.                          | 74758T303 | 06/11/2025     | To approve, on an advisory and non-binding basis, the compensation of Qualys, Inc.'s named executive officers as described in the Proxy Statement.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  65000         |                0 | AGAINST     |                            65000         | AGAINST                     |  |
| Harmonic Inc.                         | 413160102 | 06/12/2025     | To approve, on an advisory basis, the compensation of the named executive officers.                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 785000         |                0 | FOR         |                           785000         | FOR                         |  |
| Zoom Communications, Inc.             | 98980L101 | 06/12/2025     | Approve, on an advisory non-binding basis, the compensation of our named executive officers as disclosed in our proxy statement.                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  25910         |                0 | AGAINST     |                            25910         | AGAINST                     |  |
| Celestica Inc.                        | 15101Q207 | 06/17/2025     | To approve, on an advisory basis, the compensation of Celestica Inc.'s named executive officers.                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 423200         |                0 | FOR         |                           423200         | FOR                         |  |
| Celestica Inc.                        | 15101Q207 | 06/17/2025     | To approve, on an advisory basis, the frequency of future advisory resolutions on the compensation of Celestica inc.'s named executive officers.                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 423200         |                0 | ONE YEAR    |                           423200         | FOR                         |  |
| PDF Solutions, Inc.                   | 693282105 | 06/17/2025     | To approve, by a non-binding advisory vote, the compensation of our named executive officers disclosed in the Proxy Statement.                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | FOR         |                           200000         | FOR                         |  |
| Pegasystems Inc.                      | 705573103 | 06/17/2025     | To approve, by a non-binding advisory vote, the compensation of our named executive officers.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 351800         |                0 | FOR         |                           351800         | FOR                         |  |
| Ouster, Inc.                          | 68989M202 | 06/18/2025     | Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 200000         |                0 | FOR         |                           200000         | FOR                         |  |
| Arlo Technologies, Inc.               | 04206A101 | 06/20/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |      1.277e+06 |                0 | FOR         |                                1.277e+06 | FOR                         |  |
| AvidXchange Holdings, Inc.            | 05368X102 | 06/26/2025     | A proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES | 500000         |                0 | FOR         |                           500000         | FOR                         |  |
| Kopin Corporation                     | 500600101 | 06/26/2025     | An advisory vote to approve the compensation of the Company's named executive officers, during the fiscal year ended December 28, 2024.                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |      1.535e+06 |                0 | FOR         |                                1.535e+06 | FOR                         |  |
| UiPath, Inc.                          | 90364P105 | 06/26/2025     | To approve, on a non-binding, advisory basis, the compensation paid to our named executive officers ("say-on-pay vote").                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES | 161280         |                0 | FOR         |                           161280         | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Herald Investment Management Ltd

**By (Signature):** Mehul Bhudia

**By (Printed Signature):** Mehul Bhudia

**By (Title):** Head of Compliance

**Date:** 07/21/2025