The 2013 Annual Meeting of Shareholders of Clearfield, Inc. (the "Company") was held on February 21, 2013. Of the 12,836,929 shares of the Company's common stock outstanding and entitled to vote, 10,744,645 shares, or 83.70%, were present either in person or by proxy.

The following describes the matters considered by the Company's shareholders at the Annual Meeting, as well as the results of the votes cast at the meeting that resulted in approval of each nominee and each other proposal:

1. To elect six (6) directors of the Company to serve until the next Annual Meeting of Shareholders or until their respective successors have been elected and qualified.

Nominee                 For    Withhold Broker Non-Vote
Ronald G. Roth       4,900,510  85,616     5,758,519
Cheryl P. Beranek    4,904,926  81,200     5,758,519
John G. Reddan       4,898,910  87,216     5,758,519
Stephen L. Zuckerman 4,886,510  99,616     5,758,519
Donald R. Hayward    4,904,510  81,616     5,758,519
Charles N. Hayssen   4,902,910  83,216     5,758,519

2. To ratify and approve the appointment of Grant Thornton LLP as the independent registered public accounting firm for the Company for the fiscal year ending September 30, 2013.

For Against Abstain Broker Non-Vote 10,678,494 5,901 60,250 0

As a result, all nominees were elected as directors and the ratification of Grant Thornton LLP was approved.