Company: NODK
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001174947-25-000546
Chunk: 69

Company: NI Holdings, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 69
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 cast by proxy and directly at the 2025 Annual Meeting. Do the directors and officers of the Company have an interest in the outcome of the matters to be voted on? Our directors and officers will not receive any special benefit as a result of the outcome of the matters to be voted on, except that our non -employeedirectors will receive compensation for their service as described in this Proxy Statement under the heading “Director Compensation.” How many shares do the directors and officers of the Company beneficially own, and how do they plan to vote their shares? Directors and executive officers, who individually, as of the Record Date, had beneficial ownership (or had the right to acquire beneficial ownership within sixty days following the Record Date) of less than 1% of our outstanding common stock, are expected to vote, or direct the voting of their shares, for each director nominee identified in Proposal 1, and in favor of each of Proposal 2 and 3. Nodak Mutual Group, Inc. owns approximately 61% of our outstanding shares of common stock. Where can I find the voting results? The Company will announce preliminary voting results at the 2025 Annual Meeting and publish preliminary results, or final results if available, in a Current Report on Form 8 -Kfiled with the SEC within four business days of the 2025 Annual Meeting. Who pays for proxy solicitation? We will reimburse brokerage firms and other custodians, nominees, and fiduciaries for their reasonable out -of-pocketexpenses for forwarding proxy and other materials to our shareholders. We do not anticipate hiring an agency to solicit votes from shareholders at this time; however, if we determine that such action would be appropriate or necessary, we would pay the cost of such service. Our officers and other employees may solicit proxies in person or by telephone but will receive no special compensation for doing so. Who can attend the 2025 Annual Meeting? All shareholders as of the Record Date are invited to attend the 2025 Annual Meeting. Who is your independent registered public accounting firm, and will they be represented at the 2025 Annual Meeting? Forvis Mazars, LLP served as our independent registered public accounting firm for the fiscal year endedDecember 31, 2024 and audited our consolidated financial statements and expressed an opinion on the effectiveness of internal control over financial reporting based upon the criteria established in Internal Control -Integrated Framework (2013)issued by the Committee of Sponsoring Organization of the Treadway Commission, for such fiscal year. For