Company: ARRY
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001140361-25-012865
Chunk: 20

Company: Array Technologies, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 20
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 the later of (i) June 8, 2026 or (ii) within five years from the date the individual becomes an executive officer or director, as applicable, is promoted to a position that causes the executive officer or director to be subject to a greater ownership requirement or is otherwise designated as an individual covered by the stock ownership guidelines. Upon achieving his or her respective minimum ownership requirement, each executive officer and director must continue to maintain the minimum ownership requirement at all times during a given calendar year and for so long as the executive officer and director remains subject to the guidelines. As of December 31, 2024, all of our NEOs were in compliance or on track to be in compliance with the Stock Ownership Guidelines. Cap on Payouts Under Our Incentive Plans As described below under “Compensation Discussion and Analysis—2024 Plan Design” and “Compensation Discussion and Analysis—Long-Term Stock Incentive Awards,” with respect to 2024, annual incentive bonus payouts under our leadership incentive plan and performance stock unit payouts were each subject to a maximum of 200% of target. Human Capital Committee Interlocks and Insider Participation None of the members of our Human Capital Committee has at any time during the prior fiscal year been one of our executive officers or employees. None of our executive officers currently serves, or in the past fiscal year has served, as a member of the Board or compensation committee, or other committee serving an equivalent function (including our Human Capital Committee), of any other entity that has one or more executive officers serving as a member of our Board or Human Capital Committee. Stockholder Engagement We actively engage with stockholders each year prior to our Annual Meeting to identify and understand matters important to them. Our CEO and management team are directly involved in these efforts, which are reported to the Board. Array is typically represented at these engagements by our CEO and our current Chief Legal Officer (“CLO”), who report on stockholder engagement activity and provide feedback directly to the Nominating and Corporate Governance Committee and the Human Capital Committee of the Board.

| ARRAY TECHNOLOGIES |     | 14 |     | 2025 PROXY STATEMENT |

TABLE OF CONTENTS

BOARD COMMITTEES The Board has a standing Audit Committee, Human Capital Committee and Nominating and Corporate Governance Committee. The composition, duties and responsibilities of these committees are described more fully below. Each standing committee operates pursuant to a written charter, reviews and assesses the adequacy of its charter periodically and submits its charter to the Board for approval