| Option | votes | Power | % |
|---|---|---|---|
ForWinner | 198 | 312,000 | 58.2% |
Against | 156 | 198,000 | 36.9% |
Abstain | 22 | 26,000 | 4.9% |
In accordance with governance best practices, the Board is providing shareholders with an advisory (non-binding) vote to approve the compensation of our Named Executive Officers as disclosed in the Compensation Discussion and Analysis section.
Key compensation elements for FY2025:
- Base salary: Aligned with median of peer group
- Annual incentive: 120% of target (reflecting strong financial performance)
- Long-term equity awards: 60% performance-based RSUs, 40% time-based RSUs
- Total CEO compensation: $2.8M (11% increase vs prior year)
The Compensation Committee engaged an independent consultant (Meridian Compensation Partners) to benchmark pay levels. The committee believes the compensation program effectively aligns executive interests with shareholder value.
This vote is advisory and non-binding. The Board recommends a vote FOR.
NexTR records eligible hodler instructions on-chain. Execution is performed off-chain by the Depositary SPV via its broker/custodian, under the Trust/Trustee governance, and is subject to the Issuance Terms and service-provider availability.