Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 24

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 24
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 the relevant experience which qualifies each of Mr. Marcus and Mr. Howe as an audit committee financial expert, please see his biographical information under the “ Board of Directors ” section of this Proxy Statement. Both our independent registered public accounting firm and management periodically meet privately with our Audit Committee. Our Audit Committee receives regular reports on risks facing the company at each meeting, including on cybersecurity. For information on audit fees, see “ Proposal 2 : Ratification of Appointment of Ernst & Young LLP as our Independent Registered Public Accounting Firm for 2025 .” Compensation Committee The primary purpose of our Compensation Committee is to review the performance and development of our management in achieving corporate goals and objectives and to assure that our executive officers are compensated effectively in a manner consistent with our strategy, competitive practice and stockholder interests. In carrying out these responsibilities, our Compensation Committee reviews all components of executive officer compensation for consistency with its compensation philosophy, as in effect from time to time. The functions of our Compensation Committee include, among other things: • reviewing, determining and implementing our compensation philosophy; • annually reviewing and approving corporate goals and objectives relevant to the compensation of our Chief Executive Officer; • evaluating the performance of our chief executive officer in light of such corporate goals and objectives and determining and approving the compensation of our Chief Executive Officer; • reviewing and approving the compensation of our other executive officers; • administering our equity and other incentive compensation plans and approving the adoption of any amendment to our incentive-compensation and equity-based plans; • appointing, compensating and overseeing the work of any compensation consultant, external legal counsel or other advisor retained by the Compensation Committee; • conducting the independence assessment outlined in Nasdaq rules with respect to any compensation consultant, counsel or other advisor retained by the Compensation Committee; • annually reviewing and reassessing the adequacy of the committee charter and the structure, processes and membership requirements of the Compensation Committee; • overseeing and reporting to our Board its review of its policies and strategies for fostering a fair and effective human capital management system, as well as promoting a strong corporate governance culture; and • reviewing and discussing with management the compensation discussion and analysis and recommending to our Board whether the compensation discussion and analysis and related executive compensation information be included in our proxy statement or annual report on Form 10-K.

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From time to time, various members of management and other employees as well as outside advisors or consultants may be invited by our Compensation Committee to make presentations, to provide financial or other background information or advice or to otherwise participate in our Compensation Committee meetings. With