| Schedule of Changes in Redeemable Preferred Units |
The following table summarizes the changes in the redeemable preferred non-controlling interests which represent Series A and Series A-1 preferred units outstanding at OPAL Fuels level from December 31, 2025 to March 31, 2026: | | | | | | | | | | | | | | | | | | | Series A-1 preferred units | Series A preferred units | | | Units | Amount | Units | Amount | Total | | Balance, December 31, 2025 | 300,000 | | $ | 30,000 | | 1,000,000 | | $ | 100,000 | | $ | 130,000 | | | Issuance of Series A preferred units, net of issuance costs and fair value of Warrant | — | | — | | 1,200,000 | | 113,910 | | 113,910 | | | Redemption of Series A preferred units | — | | — | | (1,000,000) | | (100,000) | | (100,000) | | | Preferred dividends attributable to redeemable non-controlling interest | — | | 499 | | — | | 2,347 | | 2,846 | | | Preferred dividends attributable to Class A common stockholders | — | | 105 | | — | | 493 | | 598 | | | Payment of preferred dividends | — | | (604) | | — | | (2,840) | | (3,444) | | | Accretion to redemption value | — | | — | | — | | 6,090 | | 6,090 | | | Balance, March 31, 2026 | 300,000 | | $ | 30,000 | | 1,200,000 | | $ | 120,000 | | $ | 150,000 | |
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