GREENBACKER RENEWABLE ENERGY COMPANY LLC PO Box 43131 Providence, RI 02940-3131 | EVERY VOTE IS IMPORTANT | ||||||||||||||||
![]() | SCAN The QR code or visit www.proxy-direct.com to vote your shares | ||||||||||||||||
LIVE AGENT Call with any questions. Specialists can assist with voting. Available Monday-Friday from 9 a.m. – 11 p.m. and Saturday 12 pm – 6 pm ET | |||||||||||||||||
![]() | CALL 1-800-337-3503 Follow the recorded instructions available 24 hours | ||||||||||||||||
![]() | MAIL Vote, Sign and Mail in the enclosed Business Reply Envelope | ||||||||||||||||
VOTE AT THE VIRTUAL MEETING Visit: meetnow.global/[ ] On at , Eastern Time. To participate in the Virtual Meeting, enter the 14-digit control number from the shaded box on this card. | |||||||||||||||||
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GREENBACKER RENEWABLE ENERGY COMPANY LLC ANNUAL MEETING OF SHAREHOLDERS TO BE HELD , 2026 | |||||||||||||||||
VOTE VIA THE INTERNET: www.proxy-direct.com | |||||||||||
VOTE VIA THE TELEPHONE: 1-800-337-3503 | |||||||||||
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TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS SHOWN IN THIS EXAMPLE: | X | |||||||
| A | Proposals | The Board of Directors unanimously recommends that you vote “FOR” the proposals as described in the Proxy Statement. | ||||||
1.To elect the seven members of the Board of Directors of Greenbacker to hold office until the next annual meeting of shareholders or until their respective successors have been elected and qualified. | |||||||||||||||||||||||||||||
| FOR ALL | WITHHOLD ALL | FOR ALL EXCEPT | |||||||||||||||||||||||||||
| 01. Robert Brennan | 02. David Sher | 03. Daniel de Boer | 04. Kathleen Cuocolo | ☐ | ☐ | ☐ | |||||||||||||||||||||||
| 05. Cynthia Curtis | 06. Robert Herriott | 07. David M. Kastin | |||||||||||||||||||||||||||
INSTRUCTIONS: To withhold authority to vote for any individual nominee(s), mark the box “FOR ALL EXCEPT” and write the nominee’s number on the line provided.___________________________________________________________________________ | |||||||||||||||||||||||||||||
| FOR | AGAINST | ABSTAIN | |||||||||||||||||||||||||||
2.To vote on a resolution to approve, on an advisory basis, Greenbacker’s executive compensation for the fiscal year ended December 31, 2025. | ☐ | ☐ | ☐ | ||||||||||||||||||||||||||
| FOR | AGAINST | ABSTAIN | |||||||||||||||||||||||||||
3.To adopt the Agreement and Plan of Merger, dated as of July 21, 2026 (such agreement, as it may be amended from time to time, the “merger agreement”), by and among Greenbacker, MN8 Energy Holdings LLC (“MN8”), MN8 Energy, LLC (“MN8 Energy”) and Monarch Merger Sub, LLC (“Monarch Merger Sub”), pursuant to which, upon the terms and conditions of the merger agreement, Monarch Merger Sub will merge with and into Greenbacker (the “merger”), with Greenbacker surviving such merger as a direct, wholly-owned subsidiary of MN8 Energy and an indirect, wholly-owned subsidiary of MN8 (the “merger agreement proposal”). | ☐ | ☐ | ☐ | ||||||||||||||||||||||||||
| FOR | AGAINST | ABSTAIN | |||||||||||||||||||||||||||
4.To approve on an advisory (non-binding) basis the compensation that may be paid or become payable to Greenbacker’s named executive officers that is based on or otherwise relates to the merger (the “merger-related compensation proposal”). | ☐ | ☐ | ☐ | ||||||||||||||||||||||||||
| FOR | AGAINST | ABSTAIN | |||||||||||||||||||||||||||
5.To approve an Amendment to Greenbacker’s Fifth Amended and Restated Limited Liability Company Operating Agreement (the “Fifth Operating Agreement”) to amend the definition of “Roll-Up Transaction” set forth in Section 2.2 of the Fifth Operating Agreement (the “charter amendment proposal”). | ☐ | ☐ | ☐ | ||||||||||||||||||||||||||
| B | Authorized Signatures ─ This section must be completed for your vote to be counted. ─ Sign and Date Below | |||||||||||||||||||
Note: Please sign exactly as your name(s) appear(s) on this proxy card, and date it. When shares are held jointly, each holder should sign. When signing as attorney, executor, guardian, administrator, trustee, officer of corporation or other entity or in another representative capacity, please give the full title under the signature. | ||||||||||||||||||||
| Date (mm/dd/yyyy) ─ Please print date below | Signature 1 ─ Please keep signature within the box | Signature 2 ─ Please keep signature within the box | ||||||||||||||||||
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| xxxxxxxxxxxxxx | GRE xxxxx | xxxxxxxx | ||||||||||||||||||