X0306 4 2022-06-02 0001356115 NEXPOINT DIVERSIFIED REAL ESTATE TRUST NXDT 0001895263 Vitiello Stephanie 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 Chief Compliance Officer Contingent Bonus Award 2022-06-02 4 A 0 1756.38 A Common Stock 1756.38 1756.38 D Each share of the contingent bonus award is the economic equivalent of one share of the Issuer's common stock. The Contingent Bonus Award is granted by Skyview Legal, P.C. ("Skyview") to the Reporting Person for service as an employee of Skyview. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on May 31, 2025. These awards will terminate if the Reporting Person's employment with Skyview is terminated. /s/ Stephanie Vitiello 2022-06-30