NexPoint Residential Trust adopts executive compensation clawback policy to comply with NYSE listing rules

NexPoint Residential Trust, Inc.

Policy adopted Nov 6, 2023, mandates recovery of erroneously awarded incentive-based compensation from executive officers upon an accounting restatement.
Applies to compensation received on or after Oct 2, 2023, within the three completed fiscal years prior to restatement date.
Company will not indemnify executive officers for forfeited compensation under the policy.
Exceptions allowed if enforcement cost exceeds amount, violates pre-Nov 28, 2022 home country law, or jeopardizes tax-qualified retirement plan.

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