Nelnet shareholders approve all four proposals at 2026 annual meeting

Proposal 3: Approval of amendments to the Directors Stock Compensation Plan. Our shareholders approved amendments to the Directors Stock Compensation Plan to allow directors of Nelnet Bank Inc. and it successors to participate in the plan. For Against Abstain Broker Non-Votes 123,605,335 67,904 29,318 1,665,285

Proposal 2: Ratification of the appointment of KPMG LLP. Our shareholders ratified the appointment of KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2026. For Against Abstain Broker Non-Votes 125,269,425 79,209 19,208 —

Proposal 4: Advisory vote on executive compensation. Our shareholders approved, by an advisory vote, the compensation of our named executive officers as disclosed in the proxy statement for the annual meeting. For Against Abstain Broker Non-Votes 123,485,112 184,566 32,879 1,665,285

Proposal 1: Election of Directors. Our shareholders elected the following three Class III directors to hold office until the 2029 annual meeting of shareholders and until their successors have been duly elected or appointed. For Against Abstain Broker Non-Votes Kathleen A. Farrell 119,552,837 4,143,228 6,492 1,665,285 David S. Graff 123,079,587 615,710 7,260 1,665,285 Thomas E. Henning 123,276,581 418,684 7,292 1,665,285