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Navient holds 2025 annual shareholder meeting, appoints Edward Bramson as board chair

1. Navient held its 2025 Annual Meeting of Shareholders today. 2. Shareholders approved three proposals and elected Edward Bramson as chair. 3. Linda Mills did not seek reelection, ending her tenure since 2014. 4. Bramson is a partner at Sherborne Investors and experienced in corporate leadership. 5. Navient continues to focus on providing education finance solutions.

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Why Bullish?

The leadership change may enhance strategic direction, as evidenced by prior board successes.

How important is it?

Changes in leadership can indicate strategic shifts, influencing future financial performance.

Why Long Term?

Leadership transitions generally take time to reflect in company performance and stock price.

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SLMFCSXEDU
June 05, 2025 17:00 ET  | Source: Navient Corporation HERNDON, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today held its 2025 Annual Meeting of Shareholders. Shareholders voted in accordance with the recommendations of the company’s board of directors to approve three proposals, including the election of seven nominees to the board. Linda Mills did not stand for reelection at the 2025 annual meeting. Ms. Mills joined the Navient board of directors in 2014 and served as chair since 2019. “Linda’s leadership and service on the board since Navient’s inception are greatly appreciated,” said Dave Yowan, president and CEO of Navient. “Her valuable perspectives have been integral to Navient’s continued success.” Also today, Edward Bramson was elected chair of the board of directors. The current directors are Edward Bramson, Frederick Arnold, Anna Escobedo Cabral, Larry Klane, Michael Lawson, Jane Thompson, and David Yowan. Mr. Bramson is a partner in Sherborne Investors, a turnaround investment firm. He joined Navient’s board in 2022 and became vice chair in 2024. Mr. Bramson has also served as chairman or chief executive officer of several other publicly traded companies in a range of commercial and financial sectors. Final voting results are available on a Form 8-K filed with the SEC at SEC.gov and on Navient.com/investors. About NavientNavient (Nasdaq: NAVI) provides technology-enabled education finance solutions that help millions of people achieve success. Learn more at navient.com. Contact:Media: Cate Fitzgerald, 317-806-8775, catherine.fitzgerald@navient.com Investors: Jen Earyes, 703-984-6801, jen.earyes@navient.com

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