Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 126

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 126
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2024 pursuant to a property lease agreement between the Company and Mr. Jore, which was terminated upon the close of the Business Combination.

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Narrative Disclosure to Summary Compensation Table Consulting Fees During 2024, Mr. Jore provided services to the Company as an independent contractor through MRJ through April 30, 2024, and became a full -timeemployee of AirJoule on May 1, 2024. Mr. Jore’s consulting fees through April 30, 2024 were $20,000 per month. The Summary Compensation Table above shows the actual consulting fees paid to Mr. Jore during 2024, together with the base salary he received from AirJoule for his role as Chief Executive Officer from May 1, 2024 through the December 31, 2024. Base Salaries and Annual Bonuses Effective as of May 1, 2024, the Compensation Committee of the Board (the “Compensation Committee”) approved annual base salaries and annual target bonuses (expressed as a percentage of annual base salary) for each of the named executive officers, as set forth in the following table:

| Named Executive Officer |     | Annual Base 
 Salary      |         |     | Target Bonus 
 (% of Base   
 Salary)      |
|:------------------------|:----|:------------|--------:|:----|:-------------|
| Matthew B. Jore         |     | $           | 400,000 |     | 75%          |
| Stephen S. Pang         |     | $           | 300,000 |     | 50%          |
| Patrick C. Eilers       |     | $           | 300,000 |     | 50%          |

2024 Salaries The base salary payable to each named executive officer is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role and responsibilities. The Summary Compensation Table above shows the actual base salaries (together with, for Mr. Jore, consulting fees) paid to each named executive officer in 2024. Annual Bonuses In 2024, each of our named executive officers was eligible to earn an annual cash incentive bonus (targeted at the amount set forth in the table above). The actual cash bonuses awarded to each named executive officer for 2024, which were determined by the Compensation Committee based on the achievement of certain Company performance goals and individual performance goals, are set forth in the Summary Compensation Table above. Equity