Company: DJTWW
Filing Date: 2025-03-18
Form Type: 424B3
Source: 0001140361-25-009265
Chunk: 57

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-03-18
Form: 424B3
Chunk 57
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 State of Florida. |

The Evergreen Provision allows for the replenishment of the share pool without the requirement for the Company to submit a proposal to stockholders to increase the size of the share pool each year. If this Proposal is approved, based upon the number of shares outstanding as of February 12, 2025 it is estimated that approximately 11,003,268 shares would be added to the A&R Plan (assuming that the number of outstanding shares remained the same). The material features of the 2024 Plan and A&R Plan are described below. If approved by the Company’s stockholders, the A&R Plan will become effective on the date of such approval. Background and Timing of the Amendment and Restatement As of February 18, 2025, there were 9,547,850 shares available under the 2024 Plan. This remaining share pool will not be sufficient to fulfill the Company’s equity compensation program during the next several years. We consider it important to maintain a strong association between compensation of our employees and service providers and our stockholders’ long-term interests. Awards under the 2024 Plan are intended to provide our employees significant incentive to protect and enhance stockholder value. We believe that there is an insufficient number of shares remaining available for future new grants under our 2024 Plan to sustain these important stock-based incentives. Although the A&R Plan was approved in 2024, in order to secure and retain the services of our employees, directors and other service providers and to provide long-term incentives that align the interests of our employees, directors and other service providers with the interests of our stockholders, the Evergreen Provision will allow us to better support our continued growth strategy. Adopting the A&R Plan at this time will make an additional number of shares available for issuance to participants each year. Overview The Incentive Plan Proposal — We are asking shareholders to consider and vote upon a proposal to approve and adopt the A&R Plan, a copy of which is attached to this Proxy Statement as Appendix D. If the A&R Plan is approved by stockholders, then the amended plan will be effective as of such approval. Why We Support the Proposal The A&R Plan is key to our attracting and retaining top talent . Attracting and retaining top talent in this very competitive industry is one of our fundamental strategic imperatives. Our long-term equity compensation program for our officers and employees is a significant element of our compensation strategy for attracting and retaining our top employees and directors. We have found that equity-based awards are valued by