Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-23

OPAL Fuels (OPAL)

CEO Adam Comora was paid $3,010,261 in fiscal year 2025, ↑ up 0.1% from fiscal year 2024 (SEC filing 0001628280-26-026900 ↗): 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.

$3,185,731
Kazi Hasan total, FY2025
Chief Financial Officer — highest-paid officer; CEO Adam Comora: $3,010,261
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CEO (Adam Comora) pay percentile vs peers
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CEO-to-median pay ratio
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Sample answer — “What is the CEO’s total compensation?”
- Jonathan Maurer (Co-Chief Executive Officer), FY2025 total compensation $3,035,118 (base salary $614,808) [exec_comp, SEC accession 0001628280-26-026900, filed 2026-04-23]

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OPAL's next annual pay disclosure, estimated April 21, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kazi Hasan$432,692$459,506$1,680,000$420,000——$193,533$3,185,731
Chief Financial Officer
Jonathan Maurer614,808395,4531,600,000400,000——24,8573,035,118
Co-Chief Executive Officer
Adam Comora614,808395,4531,600,000400,000———3,010,261
Co-Chief Executive Officer
John Coghlin430,616266,407640,000160,000——13,7601,510,783
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 FY2024→2025
Kazi Hasan$3,185,731———
Jonathan Maurer3,035,1183,031,310—↑ +3,808
Adam Comora3,010,2613,006,808—↑ +3,453
John Coghlin1,510,7832,169,600—↓ −658,817

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

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Companies that benchmark against OPAL
2 companies name OPAL as a compensation peer

Each company listed discloses OPAL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named OPAL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Ashok VemuriIndependent Director$225,000
Betsy L. BattleDirector$195,000
James MartellIndependent Director$210,000
Kevin FogartyDirector$174,667
Lance MollIndependent Director$82,500
Mark ComoraChair of the Board$210,000
Nadeem NisarIndependent Director$205,000
Scott DolsIndependent Director$203,042
Scott SuttonIndependent Director$67,917
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jonathan MaurerRSU23,243—$54,853
John CoghlinOption8,8726.97—
Kazi HasanRSU312,904—738,453
Jonathan MaurerRSU134,409—317,205
ComoraRSU64,113—151,307
ComoraRSU35,869—84,651
Kazi HasanRSU513,900—1,212,804
John CoghlinRSU208,334—491,669
ComoraRSU489,429—1,155,052
Jonathan MaurerRSU489,429—1,155,052
John CoghlinRSU195,772—462,022
ComoraRSU134,409—317,205
ComoraRSU126,273—298,004
Jonathan MaurerRSU126,273—298,004
Jonathan MaurerRSU64,113—151,307
John CoghlinRSU50,509—119,201
Jonathan MaurerRSU35,869—84,651
ComoraRSU23,243—54,853
John CoghlinRSU22,440—52,958
John CoghlinRSU16,739—39,503
John CoghlinRSU10,847—25,598
ComoraOption277,7781.53—
ComoraOption78,4325.02—
ComoraOption19,0126.97—
Jonathan MaurerOption277,7781.53—
Jonathan MaurerOption78,4325.02—
Jonathan MaurerOption19,0126.97—
John CoghlinOption111,1121.53—
John CoghlinOption27,4515.02—
Kazi HasanOption291,6671.53—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program consists primarily of base salary, short-term annual incentive awards, long-term equity incentives and benefit and perquisite programs.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantKorn Ferry
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ashok VemuriIndependent · Compensation · Audit (Chair)$90,000$135,000———$225,000
James MartellIndependent · Audit75,000135,000———210,000
Mark ComoraNot independent · Board Chair · Compensation75,000135,000———210,000
Nadeem NisarIndependent · Compensation70,000135,000———205,000
Scott DolsIndependent · Audit68,042135,000———203,042
Betsy L. BattleNot independent · Compensation60,000135,000———195,000
Kevin Fogarty39,667135,000———174,667
Lance MollIndependent · Compensation15,00067,500———82,500
Scott SuttonIndependent · Compensation11,66756,250———67,917
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$130,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$504,376
Equity awards (grant-date value)$1,068,750
All other compensation$0
Total cost of the board$1,573,126

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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
1OPAL Fuels2025Adam Comora$614,808$1,600,000$400,000—$3,010,261

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.

10d

Frequently asked questions

Who was the highest-paid executive at OPAL Fuels in fiscal 2025?
As disclosed, Kazi Hasan (Chief Financial Officer) was the highest-paid executive at OPAL Fuels in fiscal 2025, with total compensation of $3,185,731.
How much does OPAL Fuels spend in total on board compensation for fiscal 2025?
As disclosed, OPAL Fuels reported total board compensation of $1,573,126 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Kazi HasanDEF 14A2026-04-230001628280-26-026900Section “Executive Compensation”. As printed: 3,185,731. Filing ↗machine: r6 · c66 · span 245875–245884
2Section 01, Jonathan MaurerDEF 14A2026-04-230001628280-26-026900Section “Executive Compensation”. As printed: 3,035,118. Filing ↗machine: r4 · c66 · span 239216–239225
3Section 01, Adam ComoraDEF 14A2026-04-230001628280-26-026900Section “Executive Compensation”. As printed: 3,010,261. Filing ↗machine: r2 · c66 · span 232529–232541
4Section 01, John CoghlinDEF 14A2026-04-230001628280-26-026900Section “Executive Compensation”. As printed: 1,510,783. Filing ↗machine: r8 · c66 · span 252280–252289
5Section 08, Ashok VemuriDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 225,000. Filing ↗machine: span 460893–461025
6Section 08, James MartellDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 210,000. Filing ↗machine: span 453389–453521
7Section 08, Mark ComoraDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 210,000. Filing ↗machine: span 444730–444862
8Section 08, Nadeem NisarDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 205,000. Filing ↗machine: span 457140–457272
9Section 08, Scott DolsDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 203,042. Filing ↗machine: span 449086–449218
10Section 08, Betsy L. BattleDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 195,000. Filing ↗machine: span 446938–447070
11Section 08, Kevin FogartyDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 174,667. Filing ↗machine: span 451237–451369
12Section 08, Lance MollDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 82,500. Filing ↗machine: span 454850–455219
13Section 08, Scott SuttonDEF 14A2026-04-230001628280-26-026900Section “Director Compensation”. As printed: 67,917. Filing ↗machine: span 458603–458972
14Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
15Section 09b board cost (computed)Computed——Cash 504,376 + equity 1,068,750 + all other 0 = 1,573,126, summed across the director compensation table rows.machine: formula: Σ = 1,573,126
16OPAL Fuels (subject), Section 10b CEO totalDEF 14A2026-04-230001628280-26-026900CEO total compensation as printed in OPAL Fuels's own proxy. As printed: 3,010,261. Filing ↗machine: r2 · c66 · span 232529–232541