On June 26, 2023, Mr. Marco Gatti tendered his resignation from the Board of Directors of OPAL Fuels Inc., such resignation to become effective upon the appointment of his successor. Mr. Gatti also resigned from his position on the audit committee of the Board. Mr. Gatti also serves as a managing director of Arclight Capital, the sponsor of the special purpose acquisition company that combined with the Company in 2022.

Mr. Gatti’s resignation was not the result of any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Board. On June, 28, 2023, to fill the vacancy arising from Mr. Gatti’s resignation, the Company appointed James Martell as a director and as a member of the to the Board and the Audit Committee. Mr. Martell is a logistics veteran with 40 years of industry experience, previously serving as Chairman and Chief Executive Officer of Express-1, the predecessor company of XPO Logistics Inc., a company engaged in freight logistics.

Mr. Martell served on the XPO board until 2016. Mr. Martell joined Express-1 after serving as Chief Executive Officer of SmartMail, which was acquired by DHL International GmbH, from 1999 to 2006. Before that, Mr. Martell was a founding senior executive of UTi Worldwide, a global transportation and logistics company, which he managed from 1995 to 2000.

Prior to UTi Worldwide, Mr. Martell spent nearly 14 years in various management positions at FedEx and UPS. Mr. Martell has served on the boards of multiple private logistics and transportation companies and previously served on the board of publicly traded companies Stericycle Inc. from 2020 to 2022, and Mobile Mini Inc. from 2010 to 2020.