Company: NXDT
Filing Date: 2025-04-23
Form Type: S-4/A
Source: 0001437749-25-012810
Chunk: 66

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-23
Form: S-4/A
Chunk 66
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 a one-year term expiring at each annual meeting of shareholders and lasting until his or her respective successor is duly elected and qualified.

Trustee Compensation in 2024

Old NXDT provides the following compensation for non-management trustees:

| ● | each non-management trustee receives an annual trustee’s fee payable in cash equal to $20,000 and an annual grant of restricted share units; |

| ● | the chair of our audit committee receives an additional annual fee payable in cash equal to $15,000; |

| ● | the chair of our Compensation Committee receives an additional annual fee payable in cash equal to $7,500; |

| ● | the chair of our nominating and corporate governance committee receives an additional annual fee payable in cash equal to $7,500; and |

| ● | the lead independent trustee receives an additional annual fee payable in cash equal to $10,000. |

We also reimburse expenses incurred in attending Board and committee meetings. Trustees who are officers of Old NXDT do not receive compensation for their service as trustees.

Trustee Compensation Table

The following table provides the compensation paid to or accrued by our non-management trustees during the fiscal year ended December 31, 2024.

| Name               |     | Fees Earned or Paid in Cash |        |     | Stock Awards(1) |        |     | Total |         |
|:-------------------|:----|:----------------------------|-------:|:----|:----------------|-------:|:----|:------|--------:|
| James Dondero(2)   |     | $                           |      - |     | $               |      - |     | $     |       - |
| Brian Mitts(2)     |     | $                           |      - |     | $               |      - |     | $     |       - |
| Edward Constantino |     | $                           | 35,000 |     | $               | 71,358 |     | $     | 106,358 |
| Scott Kavanaugh    |     | $                           | 37,500 |     | $               | 71,358 |     | $     | 108,858 |
| Dr. Arthur Laffer  |     | $                           | 27,500 |     | $               | 71,358 |     | $     |  98,858 |
| Dr. Carol Swain    |     | $                           | 20,000 |     | $               | 71,358 |