Cheniere Energy (LNG) Proxy Filing summary

Executive summary

• Achieved record operational and financial results in 2024, including $3.3 billion net income and $6.2 billion in Consolidated Adjusted EBITDA, exceeding guidance ranges.

• Deployed $5.4 billion under the long-term capital allocation plan, repurchased 13.8 million shares, increased dividend by ~15%, and issued inaugural investment grade bond.

• Advanced major growth projects, including early completion of Corpus Christi Stage 3 Train 1 and progress on SPL Expansion and CCL Midscale Trains 8 & 9.

• Set a voluntary Scope 1 methane emissions intensity target and published updated life cycle assessment for GHG emissions.

Voting matters and shareholder proposals

• Shareholders will vote on: election of ten directors for one-year terms, advisory approval of 2024 executive compensation (say-on-pay), and ratification of KPMG LLP as independent auditor for 2025.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of ten nominees, eight of whom are independent; average age 63, average tenure 5.8 years.

• Board committees (Audit, Governance and Nominating, Compensation) are fully independent and chaired by independent directors.

• Mandatory retirement policy: directors retire at 75 or after 15 years of service, with recent board refreshment.

• Non-Executive Chairman role is separate from CEO; robust stock ownership guidelines and annual board/committee self-evaluations.