On January 30, 2019, New Fortress Energy LLC and New Fortress Intermediate LLC entered into an underwriting agreement with Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC, relating to the offer and sale in the company’s initial public offering 20,000,000 Class A shares representing limited liability company interests in the company (Class A shares) at a price to the public of $14.00 per share. On January 30, 2019, effective simultaneously with the effectiveness of the registration statement, the Board increased its size from two to eight directors. Desmond Iain Catterall, David J. Grain, C. William Griffin, John J. Mack, Katherine E. Wanner and Matthew Wilkinson were appointed as members of the Board to fill the vacancies created by the increase in the size of the Board. Additionally, in connection with the effectiveness of the Registration Statement, the Board was divided into three classes of directors, with each class as equal in number as possible, serving staggered three-year terms. Class I, Class II and Class III directors will serve until the company’s annual meeting in 2020, 2021 and 2022, respectively. Messrs. Mack and Wilkinson and Ms. Wanner are assigned to Class I; Messrs. Grain and Griffin are assigned to Class II; and Messrs. Edens, Nardone and Catterall are assigned to Class III.