Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 230

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 230
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| Chief Executive Officer |

The Board has adopted a written position description and mandate for the Chief Executive Officer of NHT which sets out the key responsibilities of the Chief Executive Officer. The primary functions of the Chief Executive Officer are to lead management of the business and affairs of NHT, to lead the implementation of the resolutions and the policies of the Board and to communicate with Unitholders and regulators.

| Orientation and Continuing Education |

| New Trustees |

When new Trustees are elected to the Board, they can be expected to participate in an orientation program. The orientation program will familiarize new Trustees with NHT’s business and operations, including structure, operations, and risks. They will be briefed on the role of the Board, its committees and the contributions individual Trustees are expected to make. New Trustees can also be expected to receive an orientation package containing all committee mandates and charters, copies of NHT’s policies and other background information on NHT’s business, operations and risks.

| Continuing Education |

NHT’s continuing education program for its Trustees involves the ongoing evaluation by the Compensation, Governance and Nominating Committee of the skills and competencies of existing Trustees. The Board is currently comprised of highly qualified and experienced Trustees with impressive levels of skill and knowledge. The Trustees are seasoned business executives, directors or professionals with considerable experience, including as directors or trustees of other public companies. The Compensation, Governance and Nominating Committee continually monitors the composition of the Board and will recommend the adoption of a formal continuing education program should it be determined to be necessary.

| Ethical Business Conduct |

NHT has adopted a written code of business conduct and ethics (the “Code of Conduct”) that applies to all Trustees, officers, and management of NHT and its subsidiaries. The objective of the Code of Conduct is to provide guidelines for maintaining the integrity, reputation, honesty, objectivity and impartiality of NHT and its subsidiaries. The Code of Conduct addresses compliance with laws, rules and regulations, conflicts of interest, corporate opportunities, protecting NHT’s assets, confidentiality, information protection, competition and fair dealing with securityholders, gifts and entertainment, payments to government personnel, lobbying, discrimination and harassment, health and safety, accuracy of records and reporting and use of e-mail and Internet services. As part of the Code of Conduct, any person subject to the Code of Conduct is required to avoid or fully disclose interests or relationships that are harmful or detrimental to NHT’s best interests or that may give rise to real, potential, or the appearance of,