EQT (EQT) Proxy Filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on April 14, 2026, with shareholders voting on four key proposals, including director elections, executive compensation, an amendment to the long-term incentive plan, and auditor ratification.

• 2025 was marked by strong operational and financial performance, including $5.1 billion in net cash from operations, $2.9 billion in free cash flow, and a 5% increase in the quarterly dividend.

• Major strategic actions included the Olympus Energy acquisition, expansion of LNG offtake agreements, and significant investments in domestic energy infrastructure and data centers.

• The company achieved net zero Scope 1 and 2 GHG emissions ahead of its 2025 target and continued to lead in responsible natural gas production and ESG initiatives.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of 10 directors for one-year terms, (2) advisory approval of executive compensation, (3) amendment to the 2020 Long-Term Incentive Plan, and (4) ratification of Ernst & Young LLP as auditor for 2026.

• The Board recommends voting FOR all proposals.

Board of directors and corporate governance

• The Board consists of 10 members, 80% of whom are independent, with diverse backgrounds and expertise.

• Board practices include an independent chair, annual director elections, majority voting, proxy access, and regular executive sessions.

• Four standing committees oversee audit, governance, compensation, and public policy/corporate responsibility.

• Directors are subject to equity ownership guidelines and annual performance evaluations.