Genie Energy (GNE) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 6, 2025, to elect five directors and approve an amendment to the 2021 Stock Option and Incentive Plan increasing available shares by 100,000.

• Shareholders of record as of March 10, 2025, are eligible to vote, with voting available in person or by proxy.

• The company’s fiscal year ends December 31, and proxy materials are available online.

Voting matters and shareholder proposals

• Proposal 1: Election of five directors for one-year terms.

• Proposal 2: Amendment to the 2021 Stock Option and Incentive Plan to add 100,000 shares for awards.

• Other business may be transacted as appropriate.

Board of directors and corporate governance

• Board consists of five directors, with a majority deemed independent; all standing for re-election.

• Committees include Audit, Compensation, Corporate Governance, and Nominating, all comprised of independent directors.

• Board and committees conduct annual self-assessments and meet regularly, with high attendance rates.

• Lead Independent Director presides over executive sessions without management.

• Director selection process considers diversity, experience, and shareholder recommendations.