Venture Global (VG) Proxy filing summary

Executive summary

• Achieved 177% revenue growth to $13.8B and 192% increase in income from operations to $5.2B over FY 2024; net income rose 53% to $2.3B and Adjusted EBITDA increased 198% to $6.3B.

• Exceeded operational targets, shipped 380 LNG cargos, signed six new 20-year LNG sales agreements, and advanced CP2 Phase I FID.

• Demonstrated industry-leading safety with a Total Recordable Incident Rate of 0.17 in 2025, well below the industry average.

• Resolved major arbitrations favorably, including with Shell and Repsol, and secured positive court decisions.

• Projected annual run-rate capacity of 68 MTPA upon completion of key projects, with 68% contracted long-term.

Voting matters and shareholder proposals

• Shareholders to vote on election of seven director nominees and ratification of Ernst & Young LLP as independent auditor for 2026.

• Board recommends voting for all director nominees and for auditor ratification.

• Shareholders may submit proposals for the 2027 meeting by December 8, 2026.

Board of directors and corporate governance

• Board consists of seven directors, including five independent members; all have served since September 2023.

• Board is co-chaired by the CEO and another executive; leadership structure reviewed for effectiveness.

• Committees include Audit (fully independent), Compensation, and Nominating & Corporate Governance.

• Controlled company exemption allows non-independent Compensation and Nominating Committees; Audit Committee remains fully independent.

• 100% director attendance at board and committee meetings in 2025.