Horizon Kinetics (HKHC) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 17, 2025, both virtually and in person, to vote on director elections, auditor ratification, executive compensation, and the frequency of future say-on-pay votes.

• Only stockholders of record as of May 1, 2025, are entitled to vote, with 18,635,321 shares outstanding.

• The company completed a merger in August 2024, becoming a publicly traded entity and launching new funds and strategies.

Voting matters and shareholder proposals

• Proposals include electing seven directors, ratifying CBIZ CPAs P.C. as auditor, approving executive compensation (say-on-pay), and setting annual frequency for future say-on-pay votes.

• The board recommends voting for all director nominees, for auditor ratification, for executive compensation, and for annual say-on-pay votes.

• Shareholders may submit proposals for the 2026 meeting by December 30, 2025, and director nominations between February 20 and March 23, 2026.

Board of directors and corporate governance

• The board consists of seven members, with Murray Stahl as Chairman, CEO, and CIO; Daniel J. Roller serves as lead independent director.

• All board committees (Audit, Compensation, Nominating & Corporate Governance) are composed of independent directors.

• Committees met regularly in 2024, with full attendance.

• Non-management directors receive $100,000 annually; officers serving as directors receive no additional compensation.