Company: INV
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001628280-25-024060
Chunk: 63

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 63
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 and service fee rates of the NEOs in January 2025. 2024 Bonus Compensation Each of Messrs. Haskell and Otworth and Dr. Scott is eligible for a target 2024 annual bonus opportunity equal to $300,000 based on Innventure’s performance against certain goals established by the board of directors of Innventure, LLC. The 2024 bonus goals and applicable weighting percentages are set forth on the table below:

| 2024 Bonus Goal                                                                            | Weighting | Goal Achieved?(yes or no) |
| Formation of a new (4th) operating company                                                 | 25%       | Yes                       |
| Complete the Business Combination with more than $20 million of netproceeds                | 50%       | Yes                       |
| Meeting each of the following milestones (or a achieving a certain threshold share price): |           |                           |
| •Formation of a new (4th) operating company                                                | 10%       | Yes                       |
| •$10 million of booked revenue for Accelsius                                               | 10%       | No                        |
| •$15 million of GAAP revenue for AeroFlexx                                                 | 5%        | No                        |

The 2024 bonuses were also subject to a stretch goal (formation of a new (5 th ) operating company), which would have resulted in an additional 50% payout. In 2025, the Compensation Committee (and the Board with respect to Mr. Haskell) determined that 85% of the 2024 bonus goals were achieved (as shown in the table above) and that the stretch goal was not achieved. As such, the Committee (or Board, as applicable), determined that each NEO notionally earned a payout percentage of 85% of the target bonus, which corresponds to the following payout amounts: $255,000 for Mr. Haskell; $255,000 for Mr. Otworth; and $255,000 for Dr. Scott. Payout of such amounts is generally contingent on the NEO’s continued service through the date of payment. Such amounts are expected to be disclosed in a future Summary Compensation Table once payment is made and the applicable service requirements have lapsed. Mr. Haskell also earned a cash bonus of $2,500,000 in connection with the successful consummation of the Business Combination in 2024.

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2024 Equity-Based Compensation In connection with the Business Combination, we adopted the Innventure, Inc. 2024 Equity and Incentive Compensation Plan (the “