Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-05

Excelerate Energy (EE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,104,814
Steven Kobos total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.68%
Say-on-pay support, latest vote
Companies that benchmark against EE
No companies currently name EE as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Steven Kobos$850,000$0$3,988,484$0$1,250,350$0$15,980$6,104,814
President and Chief Executive Officer
Dana Armstrong475,00101,372,3790516,920014,6902,378,990
EVP & Chief Financial Officer
David Liner480,00001,115,8350494,260024,2702,114,365
EVP & Chief Operating Officer
Oliver Simpson460,0000864,7190439,830024,3721,788,922
EVP & Chief Commercial Officer
Alisa Newman Hood470,0000726,1690477,380014,6901,688,240
EVP & General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Steven Kobos$6,104,814
Dana Armstrong2,378,990
David Liner2,114,365
Oliver Simpson1,788,922
Alisa Newman Hood1,688,240

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04110,046,028350,24010,78499.68%Passed
20252025-06-11100,737,54383,30913,20999.92%Passed
20242024-06-06101,788,302282,8371,103,70099.72%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0499.68%a
20252025-06-1199.92%b
20242024-06-0699.72%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)23,000 / 17,000 / 15,000
Stock ownership guideline
10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Year-Over-Year Change
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Excelerate Energy2025Steven Kobos$850,000$3,988,484$0$1,250,350$6,104,814

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Steven KobosDEF 14A2026-04-160001193125-26-159047Section “Summary Compensation Table”. As printed: 6,104,814. Filing ↗machine: r2 · c7 · span 952209–952219
2Section 01, Dana ArmstrongDEF 14A2026-04-160001193125-26-159047Section “Summary Compensation Table”. As printed: 2,378,990. Filing ↗machine: r5 · c7 · span 961311–961321
3Section 01, David LinerDEF 14A2026-04-160001193125-26-159047Section “Summary Compensation Table”. As printed: 2,114,365. Filing ↗machine: r8 · c7 · span 970393–970403
4Section 01, Oliver SimpsonDEF 14A2026-04-160001193125-26-159047Section “Summary Compensation Table”. As printed: 1,788,922. Filing ↗machine: r11 · c7 · span 979474–979484
5Section 01, Alisa Newman HoodDEF 14A2026-04-160001193125-26-159047Section “Summary Compensation Table”. As printed: 1,688,240. Filing ↗machine: r13 · c7 · span 985629–985639
6Section 06, 2026 voteForm 8-K2026-06-050001193125-26-259624Item 5.07 · say-on-pay result. As reported: 99.68% (votes for as printed: 110,046,028). Filing ↗
7Section 06, 2025 voteForm 8-K2025-06-120000950170-25-085521Item 5.07 · say-on-pay result. As reported: 99.92% (votes for as printed: 100,737,543). Filing ↗
8Section 06, 2024 voteForm 8-K2024-06-070000950170-24-070786Item 5.07 · say-on-pay result. As reported: 99.72% (votes for as printed: 101,788,302). Filing ↗
9Excelerate Energy (subject), Section 10b CEO totalDEF 14A2026-04-160001193125-26-159047CEO total compensation as printed in Excelerate Energy's own proxy. As printed: 6,104,814. Filing ↗machine: r2 · c7 · span 952209–952219