Nelnet (NNI) investor relations material

Opening remarks and agenda

• Meeting called to order with introductions of executive team and board members, including recognition of a long-serving associate.

• Notice of meeting and proxy materials were distributed in advance, with a quorum established at 95.3% voting power.

Board and executive committee updates

• Three Class III directors were reelected to serve until the 2029 annual meeting.

• KPMG was ratified as the independent registered public accounting firm for 2026.

Shareholder proposals

• Amendments to the director stock compensation plan were approved, allowing Nelnet Bank directors to participate.

• Advisory vote on executive compensation passed, with shareholder feedback considered in ongoing evaluations.