Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 2354

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 2354
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 revoked; or |

| ● | virtually attending the Annual Meeting and entering the control number found on your proxy card. |

Unless revoked as described above, all properly executed proxies will be voted at the Annual Meeting in accordance with your directions on the proxy. If you hold your shares through a broker, bank, trust or other nominee, please refer to the information forwarded by your broker, bank, trust or other nominee for procedures on revoking your proxy. If a properly executed proxy gives no specific instructions, the Shares represented by your proxy will be voted:

| ● | FOR the election of the seven nominees to serve as trustees until the 2025 annual meeting of shareholders; |

| ● | FOR the approval, on an advisory basis, of the compensation of our named executive officers; |

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| ● | FOR the ratification of the appointment of KPMG LLP (“KPMG”) as our independent registered public accounting firm for 2024; and |

| ● | at the discretion of the proxy holders with regard to any other matter that is properly presented at the Annual Meeting. |

If you own Shares held in “street name” and you do not instruct your broker how to vote your shares using the instructions your broker provides you, your shares will be voted in the ratification of the appointment of KPMG as our independent registered public accounting firm for 2024, but not for any other proposal. To be sure your shares are voted in the manner you desire, you should instruct your broker on how to vote your shares.

Holders of a majority of the outstanding Shares of the Company entitled to vote must be present, either in person (virtually) or by proxy, to constitute a quorum necessary to conduct the Annual Meeting. Abstentions and broker non-votes will be counted as shares present for purposes of determining whether a quorum is present at the Annual Meeting.

The following table sets forth the voting requirements, whether broker discretionary voting is allowed and the treatment of abstentions and broker non-votes for each of the matters to be voted on at the Annual Meeting.

| Proposal |                                                                           |     | Vote Necessary to                                                                                               
 Approve Proposal                                                                                                |     | Broker        
 Discretionary 
 Voting        
 Allowed?      |     | Treatment of Abstentions and                                                                                                                                    
 Broker Non-Votes                                                                                                                                                |
| No. 1    | Election of Trustees                                                      |     | Plurality (that is, the largest number) of Shares present or represented by proxy