Explanation:

- Exultant: This word means being jubilant or filled with great joy and enthusiasm. It often conveys a strong positive emotion.

- Option 1: Depressed

- This means feeling down, sad, or in low spirits. It is a state of dejection or gloom, making it the most appropriate antonym for exultant.

- Option 2: Energetic

- This means having or showing a lot of energy, enthusiasm, or determination. It is not directly opposite to exultant.

- Option 3: Wounded

- This refers to being injured or hurt physically. Although it can have a negative connotation, it is not the direct opposite of exultant.

- Option 4: Delighted

- This means being very pleased or happy. It shares positive connotations with exultant.