Excelerate Energy (EE) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 11, 2025, to be held virtually, with stockholders able to vote online, by phone, or by mail.

• Key proposals include electing seven directors, a non-binding advisory vote on executive compensation, and ratification of the external auditor.

• Holders of Class A and Class B common stock vote as a single class, with one vote per share; no cumulative voting is allowed.

• The company is classified as a controlled company, with George B. Kaiser controlling approximately 72.6% of voting power.

• 2024 financial highlights include net income of $153 million and adjusted EBITDA of $348 million.

Voting matters and shareholder proposals

• Proposal 1: Elect seven director nominees for a one-year term.

• Proposal 2: Approve, on a non-binding basis, the compensation of named executive officers (Say-on-Pay).

• Proposal 3: Ratify PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of seven members, with a mix of independent and affiliated directors; Don P. Millican serves as chairperson.

• Three directors are independent under NYSE and SEC standards.

• Board committees include Audit, Compensation, and Nominating and Corporate Governance, each with defined charters.

• Controlled company status allows exemption from certain NYSE governance requirements.

• Board and committees met regularly in 2024, with all directors attending at least 75% of meetings.