Company: INV
Filing Date: 2025-04-29
Form Type: PRE 14A
Source: 0001628280-25-020657
Chunk: 26

Company: Innventure, Inc.
Filing Date: 2025-04-29
Form: PRE 14A
Chunk 26
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Company at which directors are to be elected, the Founding Investors will have the right to nominate for election to the

Board a number of nominees (“Founding Investor Nominees”). The number of Founding Investor Nominees with respect

to any meeting of stockholders at which directors are to be elected will be as follows:

• up to seven (7) directors, so long as the Founding Investors beneficially own greater than 70% of the

outstanding shares of Common Stock;

• up to six (6) directors, so long as the Founding Investors beneficially own more than 50%, but less than 70%,

of the outstanding shares of Common Stock;

• up to four (4) directors, so long as the Founding Investors beneficially own at least 40%, but less than 50%, of

the outstanding shares of Common Stock;

• up to three (3) directors, so long as the Founding Investors beneficially own at least 20%, but less than 40%,

of the outstanding shares of Common Stock; and

• up to two (2) director, so long as the Founding Investors beneficially own at least 5%, but less than 20%, of

the outstanding common shares of the Company.

In the event that the size of the Board is increased or decreased to a number of authorized directors other than nine

(9), the Founding Investors’ nomination rights will be proportionately increased or decreased, respectively, rounded up to

the nearest whole number. In the event that a vacancy is created on the Board by the death, disability, resignation or

removal of a Founding Investor Nominee, the Founding Investors will be entitled to designate an individual to fill the

vacancy. The Founding Investors currently have the right to nominate for election to the Board four (4) Founding Investor

Nominees.

**Stockholder Nominations & Filling Vacancies**

Pursuant to Section 2.14 of our Bylaws, a stockholder may make a nomination of a person or persons for election

to the Board upon (a) Timely Notice (as defined by the Bylaws) in writing and in proper form to the Secretary of the

Company, (b) providing the information, agreements, and questionnaires with respect to the nominating stockholder and

the stockholder’s nominee as required by the Bylaws, and (c) providing any updates or supplements to such notices as

further required by