Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 1210

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 2
Chunk 1210
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 securities in a margin account or pledging the Company’s
securities as collateral for a loan, without the advance approval of our Chief Executive Officer and Chief Financial Officer. Our insider
trading policy is filed as Exhibit 19.1 to this Annual Report on Form 10-K.

Delinquent Section 16(a) Reports

Section 16(a) of the Exchange
Act requires our executive officers, directors and persons who beneficially own more than 10% of our common stock to file with the SEC
reports of their ownership and changes in their ownership of our common stock. To our knowledge, based solely on review of the copies
of such reports and amendments to such reports with respect to the year ended December 31, 2024 filed with the SEC, all required Section
16 reports under the Exchange Act for our directors, executive officers and beneficial owners of greater than 10% of our common stock
were filed on a timely basis during the year ended December 31, 2024, except for one late Form 3 filing reporting one transaction made
by Rolf Wikborg.

78

Item 11. Executive Compensation

Summary Compensation Table

The following table sets
forth certain information with respect to compensation for the years ended December 31, 2024 and 2023, earned by or paid to
our Chief Executive Officer and our two other most highly compensated executive officers whose total compensation exceeded US$100,000
(the “named executive officers”). 

    Name
    and Principal Position 
    Year  
    Salary ($)  
    Bonus ($)  
    All Other Compensation ($)  
    Total ($) 
  
    Vincent
    Browne(1) 
     2024  
     192,000  
        
     44,100(2) 
     236,100 
  
    Chief Executive
    Officer and acting Chief Financial Officer 
     2023  
     192,000(1)(2) 
     193,000(3) 
        
     385,000 
  
    Joseph
    E. Duey(5) 
     2024  
     82,372  
        
     43,404(2) 
     125,776 
  
    Chief Financial
    Officer (Former) 
     2023  
     250,000  
     193,000(3) 
     18,000(2)