Company: NXDT
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001437749-25-013177
Chunk: 61

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-04-25
Form: 424B3
Chunk 61
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 cash equal to $20,000 and an annual grant of restricted share units; |

| ● | the chair of our audit committee receives an additional annual fee payable in cash equal to $15,000; |

| ● | the chair of our Compensation Committee receives an additional annual fee payable in cash equal to $7,500; |

| ● | the chair of our nominating and corporate governance committee receives an additional annual fee payable in cash equal to $7,500; and |

| ● | the lead independent trustee receives an additional annual fee payable in cash equal to $10,000. |

We also reimburse expenses incurred in attending Board and committee meetings. Trustees who are officers of Old NXDT do not receive compensation for their service as trustees.

Trustee Compensation Table

The following table provides the compensation paid to or accrued by our non-management trustees during the fiscal year ended December 31, 2024.

| Name               |     | Fees Earned or Paid in Cash |        |     | Stock Awards(1) |        |     | Total |         |
|:-------------------|:----|:----------------------------|-------:|:----|:----------------|-------:|:----|:------|--------:|
| James Dondero(2)   |     | $                           |      - |     | $               |      - |     | $     |       - |
| Brian Mitts(2)     |     | $                           |      - |     | $               |      - |     | $     |       - |
| Edward Constantino |     | $                           | 35,000 |     | $               | 71,358 |     | $     | 106,358 |
| Scott Kavanaugh    |     | $                           | 37,500 |     | $               | 71,358 |     | $     | 108,858 |
| Dr. Arthur Laffer  |     | $                           | 27,500 |     | $               | 71,358 |     | $     |  98,858 |
| Dr. Carol Swain    |     | $                           | 20,000 |     | $               | 71,358 |     | $     |  91,358 |
| Catherine Wood     |     | $                           |  - (3) |     | $               | 71,358 |     | $     |  71,358 |

| (1) | These restricted share units were granted on March