Advanced Flower Capital (AFCG) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 28, 2026, with shareholders able to vote online, by phone, or by mail.

• Shareholders as of March 30, 2026, are eligible to vote on director elections and auditor ratification.

• The Board recommends voting for all director nominees and for the ratification of the independent auditor.

Voting matters and shareholder proposals

• Two Class III directors, Alexander Frank and Marnie Sudnow, are nominated for election to serve until 2029.

• Ratification of CohnReznick LLP as the independent registered public accounting firm for 2026 is up for vote.

• Shareholders may submit proposals for the 2027 annual meeting by December 29, 2026, for inclusion in proxy materials.

Board of directors and corporate governance

• The Board consists of five members, four of whom are independent under Nasdaq and 1940 Act rules.

• Board leadership includes a non-independent Chairman and a lead independent director.

• Three standing committees (Audit, Compensation, Nominating & Corporate Governance) are composed solely of independent directors.

• Annual self-evaluations and succession planning are conducted, and director diversity is considered in nominations.

• Directors are limited to serving on no more than four other public company boards unless approved.