Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On December 27, 2019, pursuant to the terms of that certain Purchaser Rights
Agreement, dated as of October 28, 2019, by and between NextDecade Corporation
(the "Company") and Ninteenth Investment Company LLC, the Board of Directors
(the "Board") of the Company appointed Khalifa Abdulla Al Romaithi as a Class B
director of the Board. In connection with Mr. Al Romaithi's appointment to the
Board, the size of the Board was increased from eleven to twelve members. Mr. Al
Romaithi will serve as a Class B director until the Company's 2020 annual
meeting of stockholders or until his successor is duly elected and qualified or
the earlier of his death, resignation or removal.
Mr. Al Romaithi is the Executive Director, Midstream, in the Petroleum and
Petrochemicals business at Mubadala Investment Company ("Mubadala"). He is
responsible for pursuing attractive investment opportunities across the entire
oil and gas infrastructure value chain with a primary focus on natural gas and
crude gathering, treating, compression, processing and storage, pipeline,
natural gas liquefaction and regasification. Prior to Mubadala, Mr. Al Romaithi
held various senior managerial positions, including Director of Downstream
Investments and Head of Portfolio Management, at the International Petroleum
Investment Company.
Mr. Al Romaithi serves on the board of directors of several companies including
Sumed, Gulf Energy Maritime PJSC, Arabtec Holding Co. PJSC, Depa United Group,
and Abu Dhabi National Takaful Co. Mr. Al Romaithi received a Bachelor of
Business Administration with a major in Finance from the University of Portland.
Mr. Al Romaithi has no direct or indirect material interest in any transactions
required to be disclosed pursuant to Item 404(a) of Regulation S-K.
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