Company: NEWTP
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001587987-25-000073
Chunk: 22

Company: NewtekOne, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 22
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 of the presence of Messrs. Sloane and Downs and Mrs. Razon-Feingold and other members of management;

• our Board of Directors and its committees regularly conduct meetings which specifically include Messrs. Sloane and Downs and Mrs. Razon-Feingold;

• our Board of Directors and its committees remain in close contact with, and receive reports on various aspects of the Company’s management and enterprise risk directly from our senior management and independent auditors; and

• our Board of Directors, including the independent directors, and its committees, interact with employees of the Company outside the ranks of senior management.

The Company has not appointed a lead independent director.

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#### Board of Directors Risk Oversight
While management is responsible for identifying, assessing and managing risk, our Board of Directors, at both the full board and committee levels, is responsible for risk oversight with a focus on the most significant risks facing the Company. The Board of Directors’ risk oversight includes all enterprise-wide risk categories relevant to the Company, including credit risk, market risk, liquidity risk, operational risk, information security and cybersecurity risks, compliance/regulatory risk, legal risk, strategic/reputational risk and any other material risk faced by the Company.

During each year, management and the Board of Directors jointly review major risks that the Company prioritizes in the following year. In 2024, the Board of Directors focused on the following areas of risk:

• determining NewtekOne’s long-term growth and strategic alternatives;

• strategic and operational planning, including the evaluation of the Company’s capital structure and long-term debt financing;

• overseeing the Executive Committee’s navigation of the Company through the volatility, uncertainty and unpredictability caused by the macroeconomic and other challenges and uncertainties related to the U.S. and global economies, including the impacts to financial markets and macroeconomic environments by higher inflation and higher interest rates;

• operations as a financial holding company and oversight of the Company’s bank subsidiary, Newtek Bank, and the Company’s non-bank subsidiaries; and

• legal, regulatory compliance and information security and cybersecurity.

The Board of Directors has delegated responsibility for the oversight of specific risks to Board of Directors committees. The Audit Committee oversees risks associated with:

• the Company’s financial statements and financial reporting; and

• internal controls over financial reporting.

The Nominating Committee considers the risks associated with:

• compensation policies and practices;

• management resources, structure, succession planning and management development;

• overall governance practices and the structure and leadership of