Company: VGASW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-020032
Chunk: 20

Company: Verde Clean Fuels, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 20
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ler, and they will serve for a term expiring at the 2026 annual meeting of stockholders.

Each director shall hold office until his or her successor shall be duly elected and qualified or until such director’s earlier death, disqualification, resignation or removal. If the number of directors is changed, any increase or decrease shall be apportioned among the classes so as to maintain the number of directors in each class as nearly equal as possible, but in no case will a decrease in the number of directors shorten the term of any incumbent director. At the time the Company is no longer determined to be a “controlled company,” the classification of our Board shall terminate, and each director shall be elected to serve a term of one year, with each director’s term to expire at the next annual meeting of stockholders following the director’s election.

There are no agreements with respect to the election of directors, other than as set forth in “ – Cottonmouth Director Designee Right Pursuant to the Charter ” below. There are no family relationships among our executive officers and directors.

Cottonmouth Director Designee Right Pursuant to the Charter

On January 29, 2025, in connection with a $50 million equity investment in the Company by Cottonmouth Ventures, LLC (“

#### Cottonmouth
”), a wholly-owned subsidiary of Diamondback, our fourth amended and restated certificate of incorporation was amended to increase the size of the Board from seven directors to eight directors, and the Board appointed Johnny Dossey as a Cottonmouth Director (as defined in the Charter), effective as of the same date, to fill the newly created vacancy and to serve on the Board as a Class I director until the Company’s 2027 annual meeting of stockholders and until his successor has been duly elected and qualified, or, if sooner, until his death, resignation or removal. The Charter provides that Cottonmouth, together with any other Cottonmouth Stockholders (as defined in the Charter), shall have the right to designate one director nominee and one observer to the Board for so long as the Cottonmouth Stockholders and their respective affiliates collectively beneficially own, in the aggregate, 10% or more of the then outstanding voting power of the common stock of the Company entitled to vote generally in the election of our directors. Currently, Mr. Dossey serves as the Cottonmouth Director and Chip Lewis has been designated as an observer to the Board.

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#### Director Independence
As of the Record Date, Bluescape Clean Fuels Holdings