Genie Energy Ltd

1. 1

   Election of Directors

   ManagementBoard: FOR

   Election of five directors (Howard S. Jonas, Irwin Katsof, Joyce J. Mason, W. Wesley Perry and Alan B. Rosenthal), each for a one-year term.

2. 2

   Approval of an Amendment to the Company’s 2021 Stock Option and Incentive Plan

   ManagementBoard: FOR

   Approve an amendment to the 2021 Stock Option and Incentive Plan to increase the number of Class B common shares available for awards by 70,000.

   More detail

   This management proposal asks shareholders to approve an amendment expanding the 2021 Stock Option and Incentive Plan share reserve by 70,000 shares of Class B common stock to provide additional equity award capacity. Management and the Compensation Committee present this increase as necessary to allow continued grant-making under the 2021 Plan, including the ability to grant Incentive Stock Options (ISOs) which require shareholder approval to meet favorable tax treatment and to comply with Rule 16b-3. The filing emphasizes governance and compensation context: awards under the Plan are used to attract, retain and motivate employees, directors and consultants, and automatic annual restricted-share grants for independent directors are made under the Plan. The Board notes that NYSE rules and Rule 16b-3 may require or make advisable stockholder approval for certain plan changes and ISO grants; approval therefore secures compliance and preserves flexibility for future grants. Increasing the share pool also helps the Company manage executive and director equity programs without resorting to more frequent, ad hoc amendments. The Board recommends a vote FOR because it believes the amendment is in the best interests of the Company and its stockholders, enabling continued alignment of management and employees with shareholder interests while maintaining compliance with applicable securities rules. Potential dilution from additional shares is implicit and would need to be weighed by investors against the benefits of retained incentive capacity; the proposal does not alter award terms, only the share reserve. If approved, the Plan’s total authorized shares would increase to 1,850,000 (as described in the Plan text) and allow for future grants, including ISOs, SARs, restricted stock and deferred stock units. The recommendation reflects typical practice for companies seeking to maintain equity compensation flexibility, with the board highlighting administrative and regulatory reasons for the requested approval.

Upcoming shareholder meetings at Genie Energy Ltd’s closest sector peers — compare boards, ballots, and ownership across the cohort.

When is the Genie Energy Ltd 2026 annual meeting?

Genie Energy Ltd (GNE) holds its 2026 annual shareholder meeting on Wednesday, June 10, 2026.

What is the record date for the Genie Energy Ltd 2026 meeting?

The record date for the Genie Energy Ltd 2026 meeting is Wednesday, April 22, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Genie Energy Ltd's 2026 meeting?

The board is presenting 5 director nominees at the Genie Energy Ltd 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Genie Energy Ltd 2026 meeting?

Shareholders will vote on 2 proposals at the Genie Energy Ltd 2026 meeting, each tagged with who proposed it and the board's recommendation.