Company: NPWR-WT
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001140361-25-015450
Chunk: 43

Company: NET Power Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 43
---
 Grant Thornton was appointed as our independent registered accounting firm in June 2023 to complete our 2023 audit and to serve as our independent auditor for the year ended December 31, 2024. The following table presents the aggregate fees billed by Grant Thornton and paid by the Company for the years ended December 31, 2024 and December 31, 2023.

|                    |      2024 |         2023 |
| Audit Fees(1)      | $ 383,668 | $ 484,675(2) |
| Audit-Related Fees |         - |            - |
| Tax Fees           |         - |            - |
| All Other Fees     |         - |            - |
| Total              |  $383,668 |     $484,675 |

| (1) | Audit fees consist of fees billed for professional services rendered for the audit of our year-end consolidated financial statements, the review of                                                                                  
 our financial statements included in our quarterly filings on Form 10-Q, and services related to our registration statements, as well as services that are normally provided by our independent registered public accounting firm in 
 connection with statutory and regulatory filings.                                                                                                                                                                                    |
| (2) | $342,875 of audit fees in the 2023 column represent fees billed for services following the Business Combination, as well as the subsequent period                                                                                    
 after the end of year in which Grant Thornton provided services related to the audit of our year-end financials. Audit fees billed by Grant Thornton include the audit of our 2023 consolidated financial statements, including      
 services related to our registration statements and the issuance of reports and consents by the auditor.                                                                                                                             |

Pre-Approval Policies and Procedures The Audit Committee is responsible for appointing, setting compensation for and overseeing the work of the independent auditor. In recognition of this responsibility, the Audit Committee reviews and, in its sole discretion, pre-approves all audit and permitted non-audit services to be provided by the independent auditor as provided under the Audit Committee charter. The Audit Committee has established policies and procedures regarding pre-approval of all services provided by the independent registered public accounting firm. The audit committee approved or pre-approved all such services for the Company by our independent registered accounting firm in 2023 and 2024.

39 AUDIT COMMITTEE REPORT The Audit Committee of the Board of Directors of NET Power Inc. is composed solely of independent directors meeting the applicable requirements of the NYSE rules. The Audit Committee assists the Board in its oversight of corporate