Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 20

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 20
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 meet regularly in executive session; • directors have access to senior management and, as necessary and appropriate, independent advisors; and • at least annually, our Board and its committees conduct a self-evaluation to determine whether they are functioning effectively. Board and Committees Director Independence Our Board has determined that: (i) all of our directors and nominees for director, except Mariam Sorond, are independent within the meaning of Section 5605(a)(2) of the Nasdaq Stock Market LLC (“Nasdaq”) listing rules (the “Nasdaq Stock Market Rules”); (ii) Messrs. Marcus,Howe and Subin and Ms. Palmer each meet the additional test for independence for audit committee members imposed by Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 5605(c)(2)(A) of the Nasdaq Stock Market Rules; and (iii) Ms. Palmer andMessrs. Carano and Muleta each meet the additional test for independence for compensation committee members imposed by Section 5605(d)(2) of the Nasdaq Stock Market Rules, and are non-employee directors for purposes of Rule 16b-3. In making such determination, our Board considered the relationships that each such non-employee director has with us and all other facts and circumstances that our Board deemed relevant in determining their independence, including the beneficial ownership of our common stock by each non-employee director and any previous consulting arrangements we had with any of our directors. Our Board is currently composed of seven (7) directors. In addition, H. Wyman Howard III and Lorin Selby have been appointed by the Board to serve as directors, effective on May 1, 2025. At the Annual Meeting, our stockholders are being asked to elect these nine (9) nominees to a one-year term. Once elected, all directors, with the exception of Ms. Sorond, will be independent. Board and Committee Meetings; Annual Meeting Attendance For the year ended December 31, 2024, our Board held 6 meetings, our Audit Committee held 4 meetings, our Compensation and Human Capital Committee (the “Compensation Committee”) held 2 meetings, and our Nominating and Corporate Governance Committee (the “Nominating Committee”) held 5 meetings.

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During 2024, each of our directors attended at least 75% of (i) the number of Board meetings held during the period for