Montauk Renewables, Inc.
For the period ended May 22, 2025. Filed Apr 8, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 22, 2025 · Filed Apr 8, 2025
Contents
PROXY SUMMARY
This Summary highlights information contained elsewhere in this proxy statement. This summary does not contain all of the information that you should consider. Please read the entire proxy statement carefully before voting.
General Information About the 2025 Annual Meeting of Stockholders
Time and Date: Thursday, May 22, 2025, at 9:00 a.m. Eastern Daylight Time
Virtual Meeting: Online at www.virtualshareholdermeeting.com/MNTK2025
Record Date: Friday, March 28, 2025
Voting: For all matters, stockholders as of the Record Date have one vote for each share of capital stock held by such person on the Record Date. As of the Record Date, there were 143,336,666 shares of common stock outstanding.
Virtual Annual Meeting
As permitted by Delaware law and our Amended and Restated Bylaws (the “Bylaws”), we will hold a virtual annual meeting to maximize the ability of our stockholders to attend and participate in the Annual Meeting. We believe that the use of this virtual meeting format is the right choice for a company like Montauk, as it not only brings cost savings to us and our stockholders, but also increases our ability to engage with all stockholders, regardless of their size, resources, or physical location.
Montauk Renewables, Inc.|2025 Proxy Statement – 1
Your vote is very important to us. Please cast your vote immediately on all of the proposals to ensure that your shares are represented.
| Item | Proposal | BoardRecommendation | Page |
|---|---|---|---|
| 1 | Election of Directors | FOR each Director | 3 |
| The two director nominees set forth below possess the necessary qualifications and range of experience and expertise to provide effective oversight and advice to Management. | |||
| 2 | Ratification of the Appointment of Grant Thornton LLP as Independent Auditor | FOR | 14 |
| The Audit Committee has determined to approve the retention of Grant Thornton LLP as Montauk’s independent auditor for the year ending December 31, 2025. As a matter of good corporate governance, stockholders are being asked to ratify the Audit Committee’s selection of the independent auditor. | |||
Director Nominee Highlights
You are being asked to vote on the election of two director nominees, both of whom currently serve on our Board. The following table provides summary information about each director nominee as of April 8, 2025.
| CommitteeMemberships | ||||||||
|---|---|---|---|---|---|---|---|---|
| Name | Age | DirectorSince | Independent | Principal Occupation | AC | CC | NCG | ESCR |
| Theventheran G. Govender | 54 | 2021 | No | Executive Director of Hosken Consolidated Investments | — | ✓ | — | ✓ |
| Yunis Shaik | 67 | 2021 | Yes | Executive Director of Hosken Consolidated Investments | ✓ | — | — | ✓ |
AC stands for “Audit Committee”
CC stands for “Compensation Committee”
NCG stands for “Nominating and Corporate Governance Committee”
ESCR stands for “Environmental, Safety and Corporate Responsibility Committee”
2–** Montauk Renewables, Inc.|2025 Proxy Statement **
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.