Creative Media & Community Trust (CMCT) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on August 1, 2025, for stockholders of record as of June 6, 2025, to vote on key proposals including director elections, executive compensation, auditor ratification, and multiple reverse stock split options.

• Seven directors are nominated for election, and the board recommends voting in favor of all proposals, which are designed to address compliance with Nasdaq listing requirements and enhance corporate flexibility.

• The proxy statement details procedures for voting, attending the virtual meeting, and outlines the board's rationale for each proposal.

Voting matters and shareholder proposals

• Proposals include: election of seven directors, advisory vote on executive compensation, ratification of Deloitte & Touche LLP as auditor, and amendments to effect a reverse stock split at ratios of 1:4, 1:7, or 1:10, with the board having discretion to implement one or none.

• Approval of any reverse stock split is intended to maintain compliance with Nasdaq's minimum bid price rule and avoid delisting.

• The board recommends voting FOR all proposals.

• Stockholders may submit proposals for the 2026 annual meeting by February 27, 2026, following bylaw requirements.

Board of directors and corporate governance

• The board consists of seven directors, with a mix of independent and affiliated members, and separate roles for chairman and CEO.

• Three standing committees: audit, compensation, and nominating/corporate governance, all with independent directors.

• Governance principles and code of ethics are adopted and available on the company website.

• All directors attended at least 75% of meetings in 2024.