Kosmos Energy (KOS) Proxy filing summary

Executive summary

• Focused on operational delivery, cost reduction, and debt reduction for 2026, targeting 15% production growth, 20% lower operating costs, and at least 10% net debt reduction year-on-year.

• Major assets include offshore Ghana, Mauritania, Senegal, and the Gulf of America, with significant progress in Jubilee and GTA LNG projects.

• 2026 capital expenditures expected at $350 million, primarily for high-return drilling in Ghana.

• Maintained MSCI AAA ESG rating for the fourth consecutive year and recognized as one of America's Most Responsible Companies.

Voting matters and shareholder proposals

• Election of two Class I directors for three-year terms until 2029.

• Ratification of Ernst & Young LLP as independent auditor for 2026.

• Advisory vote on named executive officer compensation.

• Approval of amendment and restatement of the Long Term Incentive Plan, including a 16 million share increase.

Board of directors and corporate governance

• Board consists of eight directors, 88% of whom are independent; diverse in tenure and expertise.

• Lead Independent Director role provides oversight when CEO is also Chairman.

• Four standing committees: Audit, Compensation, Nominating and Corporate Governance, and Health, Safety, Environment and Sustainability.

• All directors comply with robust share ownership guidelines.