Summary Notice of Pendency and Proposed Settlement of Derivative Actions

NextEra Energy, Inc. issued a notice to shareholders regarding the proposed settlement of pending derivative litigation, clarifying that this is not a class action and no monetary fund will be established for claims. The company emphasized that shareholders who do not object to the settlement terms or attorney fee arrangements are not required to take any action. The notice outlines the process for objecting to the settlement, including the requirement to file a written objection by November 30, 2026, for shareholders who wish to be heard at the upcoming court hearing.

Under the settlement terms, directors and officers' insurance carriers will pay $15.5 million to NextEra Energy, and the company will adopt governance reforms for a minimum of four years as outlined in the Stipulation. The settlement acknowledges the efforts of settling shareholders and their counsel, with the latter eligible for a $5.75 million fee and expense award, subject to court approval. Individual settling shareholders may also receive service awards up to $5,000 each, funded solely from the fee and expense amount.

A court hearing to approve the settlement is scheduled for December 14, 2026, at 3:00 p.m. at the Circuit Court of the 15th Judicial Circuit in Palm Beach County, Florida. The hearing will be held in person only, and only shareholders who filed valid objections by November 30, 2026, will be permitted to appear and be heard. Shareholders must provide proof of ownership as of June 11, 2026, and submit detailed written objections to be eligible.

Shareholders with questions about the notice may contact counsel for the plaintiffs in the Davidson Action, Robbins LLP, at (619) 525-3990. The notice specifies that inquiries should not be directed to the court. The Stipulation detailing the settlement terms has been filed with the court and is available via a link provided by Robbins LLP.