HighPeak Energy (HPK) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held on June 2, 2026, to elect three Class C directors, approve executive compensation, determine the frequency of future say-on-pay votes, and ratify the appointment of the independent auditor.

• The Board recommends voting for all director nominees, for the executive compensation resolution, for annual say-on-pay votes, and for the auditor ratification.

• The company is majority-controlled by the HighPeak Funds, which hold about 63% of voting power, and board and committee structures reflect this controlled status.

Voting matters and shareholder proposals

• Proposals include electing three Class C directors, an advisory vote on executive compensation, an advisory vote on say-on-pay frequency, and ratification of Weaver as the independent auditor.

• The Board recommends annual say-on-pay votes and supports all proposals.

• Shareholders of record as of April 8, 2026, are eligible to vote; voting can be done by proxy, internet, telephone, or in person.

Board of directors and corporate governance

• The Board consists of seven members, with a mix of industry, financial, and legal expertise.

• Four standing committees: Audit, Compensation, ESG, and Nominating & Governance, all currently composed of independent directors.

• The Chairman and CEO roles are separated; independent directors meet in executive session.

• Director candidates are evaluated for integrity, experience, and diversity of skills.