Company: INV
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001628280-25-024060
Chunk: 71

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 71
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, Elizabeth

Williams, Daniel Hennessy, and Michael Amalfitano served on the Innventure Board of Directors during 2024.

Non-Management Director Compensation Policy

In 2024, our Board of Directors adopted the Innventure, Inc. Non-Management Director Compensation Plan (the

“Director Compensation Plan”). The Director Compensation Plan is intended to allow us to attract and retain qualified

individuals to serve on our Board and align their interests with those of our stockholders. The Director Compensation Plan

is generally administered by the Compensation Committee. The Director Compensation Plan provides for the following

cash retainers and equity awards under the 2024 Plan:

• Initial Equity Grant : Each non-management director that became a member of our Board as of October 2,

2024 and who was still serving on our Board on the third business day following the effective date of the

Director Compensation Plan received RSUs with a targeted value of $90,000 on such date, in respect of their

service from the Closing and the date of the Company’s first annual meeting of stockholders. Such RSUs will

generally vest on the date of this year’s Annual Meeting, subject to each non-management director providing

service on our Board through such date.

• Quarterly cash retainer : Each non-management director will receive an annual cash retainer fee of $80,000,

paid in arrears on a quarterly basis. The annual cash retainer fee will be prorated in the event that a non-

management director serves on our Board for a portion of any calendar quarter.

• Annual equity retainer : On the date of each of our regularly scheduled annual meetings of stockholders, each

non-management director will receive a grant of RSUs with a targeted value of $120,000, which will

generally vest on the earlier of (i) the first anniversary of the grant date and (ii) the next annual meeting of

stockholders that occurs following the grant date, subject to each non-management director providing service

on our Board on such vesting date. If a non-management director is elected to our Board other than in

connection with an annual meeting of stockholders, such non-management director’s annual equity retainer

will be prorated based on the number of days of service until the scheduled date of the next annual meeting of

stockholders.

• Committee retainers : Each non-management director who serves as the chairperson of a standing committee

of our Board will receive an annual cash retainer fee of