Advanced Flower Capital (AFCG) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on May 19, 2025, with shareholders of record as of March 24, 2025, eligible to vote on key proposals.

• Proposals include electing one director (Robert Levy) and ratifying CohnReznick LLP as the independent auditor for 2025.

• The Board recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Shareholders will vote on the election of Robert Levy as Class II director and the ratification of CohnReznick LLP as auditor.

• Shareholder proposals for the 2026 meeting must be submitted by December 5, 2025, for inclusion in proxy materials.

• Nominations for director candidates not intended for proxy inclusion must be submitted between December 21, 2025, and January 20, 2026.

Board of directors and corporate governance

• The Board consists of five directors divided into three classes with staggered terms.

• Four of five directors are independent under Nasdaq rules; Leonard Tannenbaum is not independent due to prior executive service.

• Board committees (Audit and Valuation, Compensation, Nominating and Corporate Governance) are composed solely of independent directors.

• Annual self-assessment and succession planning processes are in place.

• Directors are limited to serving on no more than four other public company boards.