NextNRG (NXXT) Proxy Filing summary

Executive summary

• The 2024 Annual Meeting is scheduled for January 16, 2025, to elect directors and ratify the independent auditor for the fiscal year ending December 31, 2024.

• Proxy materials include the proxy statement and the 2023 Annual Report, with voting available by mail, phone, or online.

• Only shareholders of record as of December 17, 2024, are entitled to vote.

Voting matters and shareholder proposals

• Shareholders will vote on electing five directors and ratifying M&K CPAs, PLLC as the independent auditor.

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

• Shareholder proposals for the next annual meeting must be submitted by August 26, 2025.

Board of directors and corporate governance

• The board consists of five members, with three classified as independent under Nasdaq rules.

• Board committees include Audit, Compensation, and Corporate Governance/Nominating, each with formal charters and independent members.

• Board diversity is considered, and a formal diversity policy is being developed.

• Directors are expected to have high ethical standards, relevant sector experience, and a commitment to the company.