FutureFuel (FF) Proxy Filing summary

Executive summary

• Annual meeting scheduled for September 19, 2024, to elect two directors and ratify the appointment of Grant Thornton LLP as independent auditor for 2024.

• Shareholders of record as of July 31, 2024, are eligible to vote; proxy materials are available online to reduce costs and environmental impact.

• Board size will be reduced to eight directors following the meeting, with Paul A. Novelly transitioning to Chairman Emeritus.

• CEO Tom McKinlay will retire effective September 30, 2024, and an executive search is underway for his replacement.

Voting matters and shareholder proposals

• Shareholders will vote on electing Dale E. Cole and G. Bruce Greer as Class C directors for three-year terms expiring in 2027.

• Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2024.

• Shareholder proposals for the 2025 annual meeting must be submitted by July 21, 2025, following specific notice and informational requirements.

Board of directors and corporate governance

• Board currently consists of nine members, with a majority being independent; after the meeting, the board will have eight members.

• Board committees include audit, compensation, and nominating/corporate governance, all composed of independent directors.

• Board leadership will transition from Paul A. Novelly to Donald C. Bedell as chairman.

• Directors are expected to attend all board and committee meetings; all attended at least 75% of meetings in 2023.

• Shareholders can communicate with the board via mail or the company website.