SHF (SHFS) Proxy Filing summary

Executive summary

• Annual meeting scheduled for July 8, 2025, to be held virtually at 10:30 AM MDT.

• Proxy materials and annual report are available online for shareholder review.

• Proxies appointed to vote on behalf of shareholders if not attending.

Voting matters and shareholder proposals

• Election of two Class I director nominees: Terrance E. Mendez and Francis A Braun III.

• Ratification of Macias, Gini & O'Connell, LLP as independent auditor for fiscal year ending December 31, 2025.

• Approval sought for amendment to the 2022 Equity Incentive Plan, increasing share reserve and providing for automatic increases to maintain 15% of outstanding shares.

• Advisory vote on a shareholder proposal for board review, director search, and formal shareholder engagement policy, with board recommending a vote against.

Board of directors and corporate governance

• Board recommends voting for the nominated directors and against the shareholder proposal regarding governance practices.

• Shareholder proposal requests review of board composition, leadership evaluation, independent director search, and engagement policy.