X0508 4 2025-02-21 0001258602 NELNET INC NNI 0001269813 NOORDHOEK JEFFREY R 121 SOUTH 13TH STREET SUITE 100 LINCOLN NE 68508 true Chief Executive Officer false Class A Common Stock 2025-02-21 4 G 0 11284 0 D 0 I By trust Class A Common Stock 103939 D Class A Common Stock 311008 I By trust Class A Common Stock 126462 I By trust Represents the gift distribution of shares to a charitable organization as described in Section 501(c)(3) upon the termination of The Noordhoek Charitable Remainder Unitrust I (the "CRUT") in accordance with its terms. The number of shares reflects an annual distribution and transfer from the CRUT to the reporting person of 577 shares on December 26, 2024. Includes 5,137 shares issued pursuant to the issuer's Employee Share Purchase Plan, which number of shares reflects the acquisition of a total of 14 shares under the issuer's Employee Share Purchase Plan since March 12, 2024. Also includes 577 shares distributed to the reporting person by CRUT on December 26, 2024 as discussed in footnote (2) above. Shares held by The Jeffrey R. Noordhoek Amended and Restated Revocable Trust, dated August 9, 2016, which is a revocable trust with respect to which the reporting person is the trustee and settlor, and the reporting person, his spouse and children are beneficiaries. Shares held by the Jeffrey Noordhoek Post Annuity Irrevocable Trust dated August 29, 2003, of which the reporting person's spouse and children are initial beneficiaries. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein. /s/ Audra Hoffschneider, Attorney-in-Fact for Jeffrey R. Noordhoek 2025-02-25