MONTAUK RENEWABLES INC - Montauk Renewables, Inc. announces Bruce Raynor is retiring from its board of directors

Montauk Renewables, Inc. announces Bruce Raynor is retiring from its board of directors

MONTAUK RENEWABLES, INC.
Incorporated in the United States of America
Company number: 85-3189583
NASDAQ share code: MNTK
JSE share code: MKR
ISIN: US61218C1036
("Montauk Renewables" or the "Company")




Montauk Renewables, Inc. Announces Bruce Raynor is Retiring From Its Board Of
Directors


PITTSBURGH, December 20, 2021 — Montauk Renewables, Inc. (“Montauk” or “the Company”)
(NASDAQ: MNTK), a renewable energy company specializing in the management, recovery
and conversion of biogas into renewable natural gas (“RNG”), announced on Friday, December
17, 2021, that Bruce Raynor has resigned as an independent director on the Company’s Board
of Directors (“Board”), effective on February 28, 2022.

Bruce has been a valuable member of the Company’s Board, and the board of directors of its
former parent company, since August 2014, including serving as the Chair of the
Compensation Committee, a member of the Audit Committee, and, most recently, serving on
the Environmental, Social and Corporate Responsibility Committee.

The Company and its Board would like to thank Bruce for his service and his many contributions
during his tenure. Montauk has benefited greatly from his counsel and guidance, appreciates his
dedication and leadership, and wishes him well in his future endeavors.

About Montauk Renewables, Inc.

Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in
the management, recovery and conversion of biogas into RNG. The Company captures
methane, preventing it from being released into the atmosphere, and converts it into either
RNG or electrical power for the electrical grid (“Renewable Electricity”). The Company,
headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the
development, operation and management of landfill methane-fueled renewable energy
projects. The Company has current operations at 15 operating projects located in California,
Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas. The Company sells RNG and
Renewable Electricity, taking advantage of Environmental Attribute premiums available under
federal and state policies that incentivize their use. For more information visit

https://ir.montaukrenewables.com

Company Contact:
John Ciroli
Vice President, General Counsel and Secretary
investor@montaukenergy.com
(412) 747-8700
Investor Relations Contact:
Georg Venturatos Gateway
Investor Relations
MNTK@GatewayIR.com
(949) 574-3860


Sponsor: Investec Bank Limited

Date: 21-12-2021 07:10:00
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