Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 172

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 172
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 Rate Gregory Haskell $300,000 Mike Otworth $300,000 Dr. John Scott $300,000 We did not modify the base salary or service fee rates of any of the NEOs during 2024. However, we increased the base salary and service fee rates of the NEOs in January 2025. 2024 Bonus Compensation Each of Messrs. Haskell and Otworth and Dr. Scott is eligible for a target 2024 annual bonus opportunity equal to $300,000 based on Innventure’s performance against certain goals established by the board of directors of Innventure, LLC. The 2024 bonus goals and applicable weighting percentages are set forth in the table below. 2024 Bonus Goal Weighting Goal Achieved? (yes or no) Table of Contents 122

Formation of a new (4th) operating company 25% Yes Complete the Business Combination with more than $20 million of net proceeds 50% Yes Meeting each of the following milestones (or a achieving a certain threshold share price): • Formation of a new (4th) operating company 10% Yes • $10 million of booked revenue for Accelsius 10% No • $15 million of GAAP revenue for AeroFlexx 5% No The 2024 bonuses were also subject to a stretch goal (formation of a new (5th) operating company), which would have resulted in an additional 50% payout. In 2025, the Compensation Committee (and the Board with respect to Mr. Haskell) determined that 85% of the 2024 bonus goals were achieved (as shown in the table above) and that the stretch goal was not achieved. As such, the Committee (or Board, as applicable), determined that each NEO notionally earned a payout percentage of 85% of the target bonus, which corresponds to the following payout amounts: $255,000 for Mr. Haskell; $255,000 for Mr. Otworth; and $255,000 for Dr. Scott. Payout of such amounts is generally contingent on the NEO’s continued service through the date of payment. Such amounts are expected to be disclosed in a future Summary Compensation Table once payment is made and the applicable service requirements have lapsed. Mr. Haskell also earned a cash bonus of $2,500,000 in connection with the successful consummation of the Business Combination in 2024. 2024 Equity-Based Compensation In connection with the Business Combination, we adopted the Innventure, Inc. 2024