Montauk Renewables (MNTK) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 26, 2026, to be held virtually, with record date set as April 2, 2026.

• Strategic progress in 2025 included increased RNG production at Pico and Apex facilities, and the GreenWave joint venture generated $1.5 million in income.

• Commissioning of the Turkey, North Carolina facility began in 2026, with a $200 million capital investment and new $200 million Senior Credit Facility secured.

• Five-year gas rights extension negotiated for the Raeger RNG facility.

Voting matters and shareholder proposals

• Shareholders will vote on the election of two Class III directors for three-year terms and ratification of Grant Thornton LLP as independent auditor for 2026.

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

• Voting instructions differ for Nasdaq and JSE shareholders; proxy materials are available online.

Board of directors and corporate governance

• Board consists of six members divided into three staggered classes; two Class III directors up for election.

• Board leadership is separated between CEO and Chairman, with an independent Lead Director.

• Board committees include Audit, Compensation, Nominating and Corporate Governance, and Environmental, Safety and Corporate Responsibility (ESCR).

• Controlled company exemption applies due to over 50% ownership by parties to a Consortium Agreement.

• Board and committee meeting attendance exceeded 75% for all directors in 2025.