CKX Lands (CKX) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 8, 2025, at 10:00 a.m. CT; shareholders of record on March 27, 2025, may vote. The agenda covers eight director seats, auditor ratification, and an advisory say-on-pay vote.

• As of April 4, 2025, 2,027,032 common shares were outstanding and held by 263 shareholders of record.

Voting matters and shareholder proposals

• The Board recommends voting FOR all eight director nominees, MaloneBailey LLP’s 2025 appointment, and the advisory approval of named executive officer compensation.

• Directors are elected by plurality; each unopposed nominee receiving at least one vote is elected. Auditor ratification and say-on-pay require a majority of votes cast; say-on-pay is non-binding.

• Brokers may not vote uninstructed shares on director elections or say-on-pay; auditor ratification is considered routine. Broker non-votes count toward quorum but not votes cast on proposals.

• Rule 14a-8 proposals for the 2026 meeting must arrive by December 8, 2025; other nominations and proposals must be received January 8–February 7, 2026.

Board of directors and corporate governance

• The Board set its post-meeting size at eight, with one-year terms; all nominees were recommended by the Nominating Committee.

• President William Gray Stream also chairs the Board; the Board cites his chief-strategist role as supporting the combined structure. Eugene T. Minvielle, IV has served as Lead Independent Director since 2022.

• Five directors were deemed NYSE American independent. The Audit, Compensation, and Nominating committees consisted solely of non-employee directors meeting exchange independence standards.

• The Board held five meetings in 2024; independent directors held one executive session. The Audit Committee met four times; the Compensation and Nominating committees held no meetings.