HighPeak Energy (HPK) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held on June 3, 2025, to elect two Class B directors and ratify the appointment of the independent auditor.

• Stockholders of record as of April 8, 2025, are entitled to vote on the proposals.

• The Board recommends voting FOR both director nominees and the auditor ratification.

• Proxy materials are available online, and voting can be done electronically, by phone, or by mail.

Voting matters and shareholder proposals

• Proposal 1: Elect Keith A. Covington and Michael L. Hollis as Class B directors until 2028.

• Proposal 2: Ratify Weaver and Tidwell, L.L.P. as independent auditor for fiscal year 2025.

• Board unanimously recommends voting FOR both proposals.

• Stockholders may submit proposals for the 2026 meeting by December 17, 2025.

Board of directors and corporate governance

• Board consists of seven members, with annual elections for expiring terms.

• Four standing committees: Audit, Compensation, ESG, and Nominating & Governance.

• All directors attended at least 75% of meetings in 2024; all attended the 2024 annual meeting.

• Board leadership includes a Chairman/CEO and a Lead Director.

• Stock ownership guidelines require significant equity holdings by directors and officers.

• Five directors are independent under Nasdaq rules.