Company: LDWY
Filing Date: 2025-10-06
Form Type: DEF 14A
Source: 0001104659-25-097035
Chunk: 16

Company: LENDWAY, INC.
Filing Date: 2025-10-06
Form: DEF 14A
Chunk 16
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 worked as an Event Driven/Special Situations investment analyst/trader for Whitebox Advisors, where he was responsible for generating and evaluating non-market correlated investment opportunities as well as structured convertible PIPE (Private Issuance of Public Equity) transactions. Mr. Philp holds a BA from St. John’s University. Mr. Philp’s experience with developing and executing transactions provides important insight, especially as we explore strategic growth.

Nicholas J. Swenson has served as President and Chief Executive Officer of Air T, Inc. (Nasdaq:AIRT) since 2014, having previously served in those roles on an interim basis since 2013. Mr. Swenson is also the managing member of AO Partners, LLC, which is the general partner of AO Partners I, L.P. Mr. Swenson has served on the boards of directors of Air T, Inc. since 2013, Pro-Dex, Inc. since 2012 and Delphax Technologies Inc. since 2015. Mr. Swenson previously served as a portfolio manager and partner of Whitebox Advisers, LLC; as a distressed debt analyst at Varde Partners; and as a financial institutions investment banker at Piper Jaffray, Inc. He has a BA in History from Middlebury College and an MBA from the University of Chicago. Mr. Swenson’s experience in general management and capital allocation are relevant to the Company.

Required Vote

Directors are elected by the affirmative vote of the holders of a plurality of the shares present and entitled to vote.**

<div align='center'>THE BOARD OF DIRECTORS RECOMMENDS THAT STOCKHOLDERS VOTE“FOR” EACH OF THE SIX NOMINEES.

10</div>

EXECUTIVE COMPENSATION Executive Officers The following individuals were our current executive officers as of the date of this proxy statement and are collectively referred to herein as our “Named Executive Officers” for the Transition Period Ended 2025:

| ​                    | ​ |   ​ | ​ | ​                                                |
| Name                 |   | Age |   | Position(s)                                      |
| Mark R. Jundt        | ​ |  45 | ​ | Co-Chief Executive Officer                       |
| Daniel C. Philp      | ​ |  40 | ​ | Co-Chief Executive Officer                       |
| Elizabeth E. McShane | ​ |  47 | ​ | Chief Financial Officer, Treasurer and Secretary |
| Werner F. Jansen     | ​ |  35 | ​ | Chief