Company: AIRJW
Filing Date: 2025-04-28
Form Type: S-1/A
Source: 0001213900-25-036124
Chunk: 126

Company: AirJoule Technologies Corp.
Filing Date: 2025-04-28
Form: S-1/A
Chunk 126
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 Compensation Recovery Policy requires us to recover, reasonably promptly, from current and former executive officers (as defined under the applicable rules) any amount of incentive -basedcompensation that was erroneously awarded (i.e., that was earned, granted or vested based on the achievement of a financial reporting measure), unless the Compensation Committee determines that recovery would be impracticable. Following the Company’s issuance of its unaudited financial statements as of and for the three months ended March31, 2024 (the “Q1 Financial Statements”), the Company identified an unintentional error in the Q1 Financial Statements and, accordingly, subsequently restated its Q1 Financial Statements, as further described in the Company’s Quarterly Report on Form 10 -Q/A for the three month period ended March31, 2024. This restatement did not affect any incentive -basedcompensation that was earned, granted or vested based on the achievement of a financial reporting measure and, accordingly, the Company determined that the restatement would not result in the recoupment of compensation under the Compensation Recovery Policy. 72

EXECUTIVE AND DIRECTOR COMPENSATION Throughout this section, unless otherwise noted, “AirJoule” refers to AirJoule Technologies Corporation and its consolidated subsidiaries. This section discusses the material components of the executive compensation program for AirJoule’s executive officers who are named in the “Summary Compensation Table” below. In 2024, AirJoule’s “named executive officers” and their positions were as follows: •Matthew Jore, Chief Executive Officer; •Stephen S. Pang, Chief Financial Officer; and •Patrick C. Eilers, Executive Chairman. Each of Messrs. Pang and Eilers has served in his respective role since May 2024. Summary Compensation Table The following table sets forth information concerning the compensation of AirJoule’s named executive officers for the fiscal years ended December 31, 2024 and 2023.

| Name and Principal Position |     | Year |     |  Salary 
  ($)(1) |     | Bonus 
 ($)   |     |   Stock 
  Awards 
  ($)(2) |     |  Option 
  Awards 
  ($)(3) |     |     Non-Equity 
 Incentive Plan 
   Compensation 
         ($)(4) |     |    All Other 
 Compensation 
       ($)(5) |     |     Total |
| Matthew B. Jore             |     | 2024 |     | 338