Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 30

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 30
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 The Dugaboy Investment Trust, 1,045,848 Units owned by NHT Holdco, LLC, 1,068,519 Units owned by Governance RE Ltd. and 90,378 Units owned by NexPoint Real Estate Advisors, L.P.; each of which is directly or indirectly controlled by, or acting jointly and in concert with, James Dondero.

(2) These amounts were determined by multiplying the number of Units or NHT OP Profits Interest Units (as defined below) (as applicable) by the closing price of the Units on January 17, 2025, being $0.31 per Unit.

(3) NHT’s unit ownership policy provides that each Trustee has within the later of five years from the date of (i) the policy and (ii) becoming a Trustee to comply with the guidelines therein. NHT’s unit ownership policy also provides that, for the purposes of the policy, the value of Units held is calculated using the higher of the cost base and current market price.

| NEIL LABATTE                 |     | Principal Occupation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Age:  67                     
 Location: Toronto, Ontario,  
 Canada                       
 Trustee Since: December 2018 
 Status: INDEPENDENT          |     | Mr. Labatte serves as a Trustee of NHT and is Lead Trustee of the Board. He was previously a director of Triovest Inc. (a Canada-wide diversified private real estate investment and management corporation), a trustee and Chair of BSR Real Estate Investment Trust (TSX) and a director of Skyline Investments Inc. (Tel Aviv Stock Exchange), Jack Nathan Medical Corp. (TSXV) and Pomeroy Hotels (a private entity). He also previously served as a director for HealthLease Properties REIT, Alpha Peak and Holloway Lodging Corporation, all current or former TSX-listed entities. Mr. Labatte is the former President and Chief Executive Officer of the Legacy Hotels REIT. He became President in 1999 and Chief Executive Officer in 2003, holding both titles until the Legacy Hotels REIT was sold in September 2007. He also served as a trustee of the Legacy Hotels REIT from April 2003 until September 2007. Mr. Labatte joined Fairmont Hotels & Resorts in 1997 as Vice President Acquisitions, and from October 2001 to December 31, 200