Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 9

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 9
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 the absence of such specification, such Units will be voted at the Meeting as follows:

| ● | FOR the election of those persons listed in this Information Circular as the proposed Trustees for the ensuing year; |

| ● | FOR the appointment of MNP LLP as auditor of NHT for the ensuing year and to authorize the Board to fix the auditor’s remuneration; |

| ● | FOR the approval of the resolution approving the amendments to the convertible promissory notes issued by the REIT between September 2019 and May 2021; |

| ● | FOR the approval of the Transaction Resolution. |

For more information on these matters, please see the section entitled “Matters to be Considered at the Meeting” in this Information Circular.

The persons appointed under the Form of Proxy are conferred with discretionary authority with respect to amendments to or variations of matters identified in the Form of Proxy and the Notice of Meeting and with respect to other matters which may properly come before the Meeting. In the event that amendments or variations to matters identified in the Notice of Meeting are properly brought before the Meeting, it is the intention of the persons designated in the Form of Proxy to vote in accordance with their best judgment on such matter or business. As at the date of this Information Circular, the Trustees know of no such amendments, variations or other matters.

Solicitation of Proxies

The solicitation of proxies is being made by or on behalf of management.It is expected that the solicitation will be primarily by mail, but proxies may also be solicited personally, by telephone or other form of correspondence. NHT will bear the cost in respect of the solicitation of proxies for the Meeting and will bear the legal, printing and other costs associated with the preparation of the Information Circular. NHT will also pay the fees and costs of intermediaries for their services in transmitting proxy-related material in accordance with National Instrument 54‑101 — Communication with Beneficial Owners of Securities of a Reporting Issuer (“NI 54-101”). This cost is expected to be nominal.

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Quorum

The quorum at the Meeting or any adjournment thereof shall be individuals deemed to be present at the virtual Meeting in person or represented by proxy, not being less than two in number and such persons holding or representing by proxy in aggregate not less than 25% of the total number of outstanding Units.

| INFORMATION FOR BENEFICIAL HOLDERS OF SECURITIES |

Information set forth in this section is very important to persons who do