Company: INV
Filing Date: 2025-04-29
Form Type: PRE 14A
Source: 0001628280-25-020657
Chunk: 3

Company: Innventure, Inc.
Filing Date: 2025-04-29
Form: PRE 14A
Chunk 3
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 2025.......................................................................... | 24 |
| Board Recommendation...............................................................................................................................................                                          | 24 |
| Vote Required..............................................................................................................................................................                                  | 24 |
| Audit Matters................................................................................................................................................................                                | 24 |
| Change in Auditor........................................................................................................................................................                                    | 25 |
| Report of the Audit Committee of the Board...............................................................................................................                                                    | 25 |
| PROPOSAL THREE—SEPA SHARE ISSUANCE PROPOSAL.....................................................................................                                                                             | 26 |
| Background..................................................................................................................................................................                                 | 29 |
| Reasons for Seeking Stockholder Approval.................................................................................................................                                                    | 27 |

-ii- TABLE OF CONTENTS (continued)

| Page                                                                                                                                                                         |    |
| Effect on Current Stockholders....................................................................................................................................           | 27 |
| Consequences of Non-Approval..................................................................................................................................               | 28 |
| Board Recommendation...............................................................................................................................................          | 28 |
| Vote Required..............................................................................................................................................................  | 28 |
| PROPOSAL FOUR—CONVERTIBLE DEBENTURES SHARE ISSUANCE PROPOSAL..........................................                                                                       | 29 |
| Background.................................................................................................................................................................. | 29 |
| Reasons for Seeking Stockholder Approval.................................................................................................................                    | 30 |
| Effect on Current Stockholders....................................................................................................................................           | 30 |
| Consequences of Non-Approval..................................................................................................................................               | 31 |
| Board Recommendation...............................................................................................................................................          | 31 |
| Vote Required..............................................................................................................................................................  | 31 |
| EXECUTIVE AND DIRECTOR COMPENSATION........................................................................................................                                  | 32 |
| 2024 Business Combination.........................................................................................................................................           | 32 |
| 2024 Summary Compensation Table...........................................................................................................................                   | 32 |
| Outstanding Equity Awards at 2024 Fiscal Year-End.................................................................................................                           | 36 |
| Additional Narrative Disclosure...................................................................................................................................           | 37 |
| Director Compensation................................................................................................................................................        | 38 |
| 2024 Director Compensation.......................................................................................................................................            | 39 |
| STOCK OWNERSHIP........................................................................................................................................................      | 40 |
| Stock Ownership of Major Stockholders, Executive Officers and Directors...............................................................                                       | 40 |
| Securities Authorized for Issuance Under Equity Compensation Plans......................................................................                                     | 41 |
| OTHER INFORMATION...................................................................................................................................................         | 42 |
| Proxy Materials............................................................................................................................................................  | 42 |
| Delivery of Proxy Materials to Households.................................................................................................................                   | 42 |

Forward-looking statements. Except for historical and factual information contained herein,