Horizon Finance (HRZN) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 5, 2025, to elect directors and ratify the external auditor selection.

• Shareholders of record as of April 11, 2025, are eligible to vote on proposals and other business matters.

• Voting can be done in person, by mail, phone, or online, with strong encouragement for electronic participation.

Voting matters and shareholder proposals

• Proposal 1: Elect three Class III directors (terms expiring 2028) and one Class I director (term expiring 2026).

• Proposal 2: Ratify RSM US LLP as the independent registered public accounting firm for fiscal year 2025.

• Shareholders may submit proposals for the 2026 annual meeting between December 17, 2025, and January 16, 2026.

Board of directors and corporate governance

• The board consists of eight directors, with six classified as independent under Nasdaq and 1940 Act standards.

• Directors serve staggered three-year terms; a retirement policy limits independent director service to 15 years.

• The board has Audit, Nominating and Corporate Governance, and Compensation Committees, all composed of independent directors.

• The board conducts annual self-evaluations and emphasizes diversity, experience, and independence in director selection.