Company: NXDT
Filing Date: 2025-02-21
Form Type: 425
Source: 0001437749-25-004752
Chunk: 4

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-02-21
Form: 425
Chunk 4
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 Senst  | 25,714,379 | 100.00% |        0 | 0.00%      |
| Jerry Patava  | 25,714,379 | 100.00% |        0 | 0.00%      |

| 2. | Appointment of Auditors |

MNP LLP was appointed as auditor of the REIT, to hold office until the next annual meeting of unitholders of the REIT or until a successor is appointed, and the trustees of the REIT were authorized to fix the auditor’s remuneration, with the outcome of the vote being as follows:

| Votes For  | % For   | Votes Withheld | % Withheld |
| 25,714,379 | 100.00% |              0 | 0.00%      |

| 3. | Approval of Amendments to COVID Loans |

An ordinary resolution was passed by minority unitholders authorizing and approving certain amendments to the convertible promissory notes issued by the REIT between September 2019 and June 2021, with the outcome of the vote being as follows:

| Votes For | % For   | Votes Against | % Against |
| 2,367,584 | 100.00% |             0 | 0.00%     |

| 4. | Approval of Amendments to CDOR Loans |

An ordinary resolution was passed by minority unitholders authorizing and approving certain amendments to the convertible promissory notes issued by CDOR Option Sub, LLC on October 30, 2020 and December 22, 2020, with the outcome of the vote being as follows:

| Votes For | % For   | Votes Against | % Against |
| 2,367,584 | 100.00% |             0 | 0.00%     |

| 5. | Approval of Certain Transactions Contemplated in the Merger Agreement |

A special resolution (the “Transaction Resolution”), the full text of which is attached as Appendix “D” to the Circular, approving certain transactions contemplated in the Agreement and Plan of Merger among, inter alia, the REIT and NexPoint Diversified Real Estate Trust made as of November 22, 2024, including, without limitation (a) the reorganization of the REIT as described in and in accordance with, proposed amendments to the REIT’s Declaration of Trust, pursuant to which the REIT will be liquidated and dissolved