Genie Energy (GNE) investor relations material

Executive summary

• Annual Meeting scheduled for June 10, 2026, to elect five directors and approve an amendment to the 2021 Stock Option and Incentive Plan increasing available shares by 70,000.

• Shareholders of record as of April 22, 2026, are eligible to vote in person or by proxy.

• The proxy statement details voting procedures, director nominees, and executive compensation.

Voting matters and shareholder proposals

• Proposal 1: Election of five directors for one-year terms.

• Proposal 2: Amendment to the 2021 Stock Option and Incentive Plan to increase Class B common stock available for awards by 70,000 shares.

• Board recommends voting FOR all director nominees and FOR the plan amendment.

Board of directors and corporate governance

• Board consists of five directors, with four standing for re-election; one ex-officio non-voting member.

• Majority of directors and all committee members are independent per NYSE standards.

• Committees: Audit, Compensation, Corporate Governance, and Nominating, all with independent members.

• Annual self-assessments and executive sessions held; Lead Independent Director presides over executive sessions.