Lument Finance Trust (LFT) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on June 10, 2026, with voting on director elections, executive compensation, and auditor ratification.

• Proxy materials are provided electronically to reduce costs and environmental impact.

• Shareholders of record as of April 14, 2026, are entitled to vote; 52,439,463 shares are outstanding.

Voting matters and shareholder proposals

• Shareholders will vote on electing six directors, approving executive compensation on an advisory basis, and ratifying KPMG LLP as auditor.

• Board recommends voting FOR all director nominees, executive compensation, and auditor ratification.

• Shareholder proposals for the 2027 meeting must be submitted by December 31, 2026.

Board of directors and corporate governance

• Board consists of six members, with a majority being independent as per NYSE standards.

• Board committees include audit, compensation, and nominating/governance, all composed of independent directors.

• Board leadership includes a Chairman (also CEO) and a Lead Independent Director.

• Directors are evaluated annually for independence and performance; no term or age limits.