Company: FTCI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-164759
Chunk: 31

Company: FTC Solar, Inc.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 31
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 Plan”) is made by FTC Solar, Inc., a Delaware corporation (the “ Company”), effective as of the date of its approval by the stockholders of the Company at the Special Meeting of Stockholders. This Amendment was approved by the Company’s Board of Directors effective July 15, 2025. 1. Amendments.

| a. | Section 4(a) of the Plan is hereby amended and restated in its entirety to read as follows: |

“(a) Share Reserve. (1) The maximum number of shares of Common Stock reserved for issuance under the Plan shall be 5,071,068, which, for the avoidance of doubt, reflects the reverse stock split effective as of November 29, 2024 (the “Share Reserve”) (subject to further adjustment as provided Section 5); provided, however the Share Reserve will automatically increase on January 1st of each calendar year (each, an “Evergreen Date”), prior to the tenth anniversary of the Effective Date, in an amount equal to the lesser of (i) 4% of the total number of shares of Common Stock outstanding on the December 31st immediately preceding the applicable Evergreen Date and (ii) a number of shares of Common Stock determined by the Administrator. (2) All and up to 5,071,068 Shares (subject to adjustment as provided in Section 5 hereof) may be granted as ISOs.” 2. Continued Effect. Except as set forth herein, the Plan shall remain unchanged and in full force and effect, and the forms of stock option award agreements, restricted stock units award agreements and any outstanding award agreements under the Plan shall effectively adopt the amendments herein, as applicable. A-1

Appendix B

FTC SOLAR, INC.

2021 STOCK INCENTIVE PLAN

(as Amended by Amendment No. 1)

Section 1. Purpose of Plan.

The name of the Plan is
the FTC Solar, Inc. 2021 Stock Incentive Plan (the “”). The purposes of the Plan are to provide an additional incentive to selected officers, employees, non-employee directors, and
consultants of the Company or its Affiliates (as hereinafter defined) whose contributions are essential to the growth and success of the business of the Company and its Affiliates, in order to strengthen the commitment of such persons to the Company
and its Affiliates, motivate such persons to faithfully and diligently perform their responsibilities and attract and retain competent and dedicated persons whose efforts