Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 11, 2021, PNM Resources, Inc. ("PNMR") held its Annual Meeting of Shareholders (the "Meeting").

As of March 22, 2021, the record date for the Meeting, there were 85,834,874 shares of PNMR's common stock outstanding and entitled to vote at the Meeting.

Set forth below are the final voting results for each of the three proposals submitted to a vote of PNMR's shareholders at the Meeting. Under state law abstentions have the effect of a vote against the matter.

The following nine nominees were elected to PNMR's Board of Directors to serve as directors for a one-year term that expires at PNMR's Annual Meeting of Shareholders to be held in 2022. The votes cast with respect to the nine nominees presented at the Meeting were as follows:



                                                    Votes                           Broker
          Nominees                Votes For        Against       Abstentions       Non-Votes

          Vicky A. Bailey         56,930,175      1,584,650         86,686         8,462,544
          Norman P. Becker        57,173,652      1,312,763        115,096         8,462,544
          Patricia K. Collawn     56,842,132      1,677,384         81,995         8,462,544
          E. Renae Conley         57,150,139      1,369,784         81,588         8,462,544
          Alan J. Fohrer          58,321,418       197,279          82,814         8,462,544
          Sidney M. Gutierrez     58,352,999       165,067          83,445         8,462,544
          James A. Hughes         58,322,360       184,988          94,163         8,462,544
          Maureen T. Mullarkey    57,191,506      1,320,121         89,884         8,462,544
          Donald K. Schwanz       57,866,196       653,039          82,276         8,462,544

The appointment of KPMG LLP to serve as PNMR's independent public accountants for the year ending December 31, 2021, was ratified by PNMR's shareholders by the vote indicated below:



                      Votes For        Votes Against       Abstentions

                      66,729,516          274,334             60,205

PNMR's shareholders approved, on an advisory basis, the compensation of PNMR's named executive officers, by the vote indicated below:


                                                                          Broker
                  Votes For        Votes Against       Abstentions       Non-Votes

                  37,769,055        18,463,101          2,369,355        8,462,544

A shareholder proposal that PNMR publish a report on the costs and benefits of voluntary climate-related activities was not properly presented at the Meeting by the shareholder proponent or a designee of the shareholder proponent as required by regulations of the Securities and Exchange Commission. Accordingly, this shareholder proposal was not acted upon by the shareholders. However, if the shareholder proposal had been acted upon, it would not have been approved. Based upon proxies received on this shareholder proposal, the vote would have been as follows:



                                                        Broker
 Votes For       Votes Against       Abstentions       Non-Votes

  840,203         52,322,161          5,439,147        8,462,544

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