Company: NPWR-WT
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001140361-25-015450
Chunk: 18

Company: NET Power Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 18
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31, 2023. For 2024, the amounts reported in this column include payments made in respect of 2024 performance-based bonuses for the performance year running from     
 January 1, 2024 to December 31, 2024 (the “2024 Cash Bonuses”).                                                                                                                                                                              |

| (2) | As of June 8, 2023, Daniel Joseph Rice, IV became Chief Executive Officer of Net Power. Mr. Rice did not receive any compensation as Chief Executive Officer                                 
 during fiscal year 2023. Mr. Rice also served as member of our Board in 2023 and 2024; however, he did not receive any additional compensation for his service as a director in either year. |

| (3) | Represents the aggregate grant date fair value of stock options granted to Mr. Rice in 2024, computed in accordance with Financial Accounting Standards                                                                                  
 Board Accounting Standards Codification Topic 718 (“ASC 718”). See Note 12 to Net Power’s audited consolidated financial statements included in its 2024 Annual Report for a discussion of all assumptions made by us in determining the 
 grant date fair value of our equity awards.                                                                                                                                                                                              |

| (4) | Since Net Power does not pay Mr. Rice a salary, Net Power directly pays all of Mr. Rice’s insurance premiums. |

| (5) | Effective as of April 15, 2025, Mr. Allen ceased to serve as President and Chief Operating Officer of Net Power. |

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| (6) | Amounts reported for 2024 represent the aggregate grant date fair value of restricted stock units (“RSUs”) and performance stock units (“PSUs”) granted to                                                                                   
 Messrs. Allen and Patel in 2024, computed in accordance with ASC 718. It does not reflect the actual value that may be realized by Messrs. Allen and Patel. See Note 12 to Net Power’s audited consolidated financial statements included in 
 its 2024 Annual Report for a discussion of all assumptions made by us in determining the grant date fair value of our equity awards. The aggregate grant date fair value of the PSUs granted to Messrs. Allen and Patel in 2024, assuming    
 maximum performance and computed in accordance with ASC 718, is $850,008.60 and $755,992.60, respectively.]                                                                                                                                  |

| (7) | Represents payments made by Net Power for enhanced life insurance and disability insurance benefits for Messrs. Allen and Patel