Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 146

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 146
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 determined that the calculation of earnings per membership unit results in values that are not a valuable metric to users of these consolidated financial statements. Therefore, earnings per share (“EPS”) information is omitted for the Predecessor periods. Presented in the table below is a reconciliation of the numerator and denominator for the EPS calculations for the Successor period from October 2, 2024 through December 31, 2024: Table of Contents Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) 105

Successor October 2, 2024 through December 31, 2024 Numerator: Net loss attributable to Innventure, Inc. shareholders ....................................................................... $ (61,754) Less: Cumulative earnings to participating securities ............................................................... 217 Undistributed loss for participating securities ................................................................................. (61,971) Less: Undistributed loss attributable to participating securities — Net Loss attributable to common shareholders, basic and diluted $ (61,971) Denominator: Weighted average number of units outstanding, basic and diluted ........................................... 43,951 Net loss per share attributable to common shareholders, basic and diluted ............................ $ (1.41) Basic and diluted net loss per share was the same for each period presented as the inclusion of all potential common stock outstanding would have been anti-dilutive. The following table presents the potential common stock outstanding that was excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been antidilutive: Successor December 31, 2024 Public warrants .................................................................................................................................. 11,500,000 Private placement warrants ............................................................................................................... 7,146,000 WTI warrants .................................................................................................................................... 1,000,000 Series B preferred shares ................................................................................................................... 1,011,869 Share options ..................................................................................................................................... 975,409 RSUs ................................................................................................................................................. 2,036,476 SARs 320,000 Note 18. Related Party Transactions As more fully described in Note 5. Borrowings, the Company has various notes with affiliates, including short-term notes with three separate related parties. In addition, the Company had a convertible note to the ESG Fund as part of the 2025 Notes which was converted during the Predecessor period from January 1, 2024 through October 1, 2024. Transactions with Directors As more fully described in Note 14. Stock-based Compensation, the Company issued various equity awards to