| 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 September 30, 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 | — | | — | | 1,548,000 | | 148,198 | | 148,198 | | | Redemption of Series A preferred units | — | | — | | (1,000,000) | | (100,000) | | (100,000) | | | Preferred dividends attributable to redeemable non-controlling interest | — | | 1,777 | | — | | 7,740 | | 9,517 | | | Preferred dividends attributable to Class A common stockholders | — | | 374 | | — | | 1,627 | | 2,001 | | | Payment of preferred dividends | — | | (2,151) | | — | | (9,367) | | (11,518) | | | Accretion to redemption value | — | | — | | — | | 8,897 | | 8,897 | | | Balance, September 30, 2026 | 300,000 | | $ | 30,000 | | 1,548,000 | | $ | 157,095 | | $ | 187,095 | |
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