ADAMS NATURAL RESOURCES FUND, INC.

DEF 14A 1 tm261679d2_def14a.htm DEF 14A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No. )

Filed by the Registrant☒ Filed by a Party other than the Registrant☐

Check the appropriate box:

ADAMS NATURAL RESOURCES FUND, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

Notes:

Adams Natural Resources Fund, Inc.

500 E. Pratt Street, Suite 1300

Baltimore, MD 21202

February 18, 2026​

To the Stockholders of

ADAMS NATURAL RESOURCES FUND, INC.:

Notice is hereby given that the Annual Meeting of Stockholders of ADAMS NATURAL RESOURCES FUND, INC., a Maryland corporation (the “Fund”), will be held at the Fund’s offices, 500 E. Pratt Street, Suite 1300, Baltimore, MD 21202, on Thursday, April 16, 2026, at 9:30 a.m., local time, for the following purposes:

(1)

to elect two directors as identified in the Proxy Statement to serve until the annual meeting of stockholders in 2029 and until their successors are duly elected and qualify;

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(2)

to ratify the appointment of PricewaterhouseCoopers LLP to serve as the Fund’s independent registered public accounting firm to audit the books and accounts of the Fund for the fiscal year ending December 31, 2026; and

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(3)

to transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

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The Board of Directors unanimously recommends that

stockholders vote FOR Proposals (1) and (2).

Stockholders of record, as shown by the transfer agent’s books for the Fund, at the close of business on January 23, 2026 are entitled to notice of and to vote at this meeting. All Stockholders are cordially invited to attend the Annual Meeting.

Baltimore, MD

Note: Stockholders are requested to fill in, sign, date, and return the accompanying proxy in the enclosed envelope without delay or authorize their proxies by telephone or internet as described further in the enclosed materials.

Because access to our building is restricted, please call the Fund at (800) 638-2479 or send an email via adamsfunds.com/contact if you plan to attend the Annual Meeting.