Company: FTCI
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-061051
Chunk: 31

Company: FTC Solar, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 31
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AL 2: Ratification of the Appointment of Independent Registered Public Accounting Firm The Audit Committee approved the appointment of BDO as the Company's registered public accounting firm for our fiscal years ended December 31, 2024 and 2023. PricewaterhouseCoopers LLP ("PwC") previously served as our independent registered public accounting firm from 2020 through April 3, 2023, at which time they were replaced by BDO, as disclosed further in our 2024 Proxy Statement. The Board is submitting our appointment of BDO as our registered public accounting firm for the fiscal year ending December 31, 2025 for stockholder ratification at the Annual Meeting. A representative of BDO will attend the Annual Meeting, will have an opportunity to make a statement and will be available to respond to appropriate questions from stockholders. The Company’s bylaws do not require that stockholders ratify the appointment of BDO as our independent registered public accounting firm. The Company is asking its stockholders to ratify this appointment because it believes such a proposal is a matter of good corporate practice. If the stockholders do not ratify the appointment of BDO, the Audit Committee will reconsider whether or not to retain BDO as FTC Solar’s independent registered public accounting firm but may determine to do so. Even if the appointment of BDO is ratified by the stockholders, the Audit Committee may change the appointment at any time if it determines that a change would be in the best interests of FTC Solar and its stockholders. Principal Accountant Fees Aggregate fees paid to BDO for professional services as our independent auditor during 2024 and 2023 were as follows.

|                    | (in thousands) | Year ended December 31, | 2024 |     |   |  2023 |
|:-------------------|:---------------|:------------------------|-----:|:----|:--|------:|
| Audit fees         |                | $                       |  809 |     | $ | 1,289 |
| Audit-related fees |                |                         |    — |     |   |     — |
| Tax fees           |                |                         |    — |     |   |     — |
| All other fees     |                |                         |    — |     |   |     — |
| Total              |                | $                       |  809 |     | $ | 1,289 |

Aggregate fees paid to PwC for professional services as our predecessor independent auditor for the