Effective as of June 4, 2019, the Board of Directors of NextDecade Corporation appointed Taewon Jun as a Class A director of the Board. Mr. Jun was nominated by HGC NEXT INV LLC to replace its previous director designee, Koo Yung Lee. HGC has the right to designate a Class A director to the Board pursuant to that certain Purchaser Rights Agreement, dated as of August 23, 2018, by and between the Company and HGC. Mr. Jun will serve as a Class A director until the Company’s 2019 annual meeting of stockholders. He is not expected to be named to any committees of the Board. Since April 2019, Mr. Jun has served as a Senior Vice President of Hanwha Holdings (USA) Inc. From July 2016 until March 2019, Mr. Jun served as an Executive Director of Morgan Stanley Private Equity Asia and, from June 2012 until June 2016, he served as a Senior Director of Mergers and Acquisitions Team at Hanwha Group Management and Planning Headquarters in Seoul, South Korea, a business conglomerate with its affiliates under operation of various industries including chemicals, energy, petrochemicals, solar, aerospace, and defense as well as finance, asset management, and hotel and resorts.