Our Board

The business of National Fuel is conducted by our employees, managers and officers under the oversight of the board of directors in order to serve the long-term interests of stockholders. The board and management recognize that the long-term interests of stockholders are served by considering the interests of customers, employees and the communities in which we operate.

The board has five committees to help execute its responsibilities:

• Audit
• Compensation
• Executive
• Financing
• Nominating/Corporate Governance

All members of the Audit, Compensation and Nominating/Corporate Governance committees are independent. Each of these committees has a charter that describes its responsibilities. The board’s structure and responsibilities are outlined in its Corporate Governance Guidelines.

Our Diverse, Experienced and Independent Board of Directors

National Fuel is committed to promoting diversity at all levels of the Company including our Board of Directors. The Company’s Board of Directors consists of eleven individuals (nine of which are independent) with extensive and diverse leadership experience and backgrounds. The board had also designated a lead independent director and separated the roles of Chairman of the Board and Chief Executive Officer.