Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 22

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 22
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 as appropriate. Our Board is responsible for overseeing the establishment and maintenance of our risk management processes. While it does not have a standing risk management committee, our Board administers this oversight directly and through its committees, each of which addresses risks within its respective area of responsibility as outlined in its charter. Our Board may delegate primary oversight of specific risks to one or more committees. When a committee is responsible for evaluating and managing a particular risk, its chair must promptly report any material risk exposures to our Board, ensuring effective coordination of risk oversight, particularly in managing interrelated risks. Our Board or the appropriate committee regularly engages with management to discuss major risk exposures, assess their potential impact, and review mitigation strategies. Management is responsible for the day-to-day implementation of risk management processes and regularly reports on potential material risks to our Board. These reports, provided by the Chief Executive Officer, Chief Financial Officer, General Counsel, and other senior executives, ensure that our Board remains informed. Additionally, our full Board, with input from its committees, considers and evaluates material risks as part of its broader oversight responsibilities.

| 13 |

Board Committees As noted above, our Board has three standing committees: the Audit Committee, the Compensation Committee, and the Nominating Committee. Charters for each of the committees are available under the Governance tab of the Investors page of our website at www.nextnav.com . Each committee reviews its respective charter on an annual basis. In compliance with the Nasdaq Stock Market Rules and the federal securities laws, as applicable, all of the members of our committees are independent under the applicable independence standards for such committee . Committee membership immediately prior to the Annual Meeting is as follows:

|                      |     | Audit     
 Committee |     | Compensation 
 Committee    |     | Nominating 
 Committee  |
| Mariam Sorond, Chair |     |           |     |              |     |            |
| Bandel L. Carano     |     |           |     |              |     |            |
| Alan B. Howe         |     |           |     |              |     |            |
| Jonathan A. Marcus   |     |           |     |              |     |            |
| John B. Muleta       |     |           |     |              |     |            |
| Nicola Palmer        |     |           |     |              |     |            |
| Neil S. Subin        |     |           |     |              |     |            |
| | Chair  | Member    |     |           |     |