SHF (SHFS) Proxy filing summary

Executive summary

• Two new directors, Tyler Klimas and Sean Tonner, were appointed to the board, expanding it from five to six members as of April 22, 2026.

• Klimas brings cannabis regulatory expertise; Tonner adds strategic communications and public affairs experience.

• The company continues to focus on growth in the regulated cannabis and hemp financial services sector.

Voting matters and shareholder proposals

• Richard Carleton will not seek reelection at the 2026 annual meeting; his departure is not due to any disagreement.

Board of directors and corporate governance

• Klimas joins the Audit, Compensation, and Nominating and Corporate Governance Committees, chairing the latter.

• Tonner joins the Compensation and Nominating and Corporate Governance Committees, chairing the Compensation Committee.