Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 755

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1B
Chunk 755
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1%.

    (1)
    The address for each individual
    is Alternus Clean Energy, Inc., 17 State Street, Suite 4000, New York City, New York, 10004.

    (2)
    Includes a total of 719,718,354
    shares of voting stock outstanding, with 119,718,354 shares being Common Stock and 60,000 shares being Series A Super Voting Preferred
    Stock having an aggregate of 600,000,000 votes.

    (3)
    15,000,000 of the shares
    of common stock are held through VestCo I Corp, a company owned and controlled by Mr. Browne.

    (4)
    14,263 of these shares
    are held through Mighty Sky Ventures LLC, a company owned and controlled by Mr. Ratner.

    (5)
    21,613 of these shares
    are held through Parker Venture Management, Inc., a company owned and controlled by Mr. Parker.

    (6)
    Alternus Energy
    Group Plc, Suite 4 Blanchardstown Corporate Park 2, Blanchardstown, Dublin, Ireland D15.

(7)BVP Investments Limited, Unit 4 Aspen Court, Bray Road, Cornelscourt,
Dublin, Ireland 7.

(8)Vincent Collins, Beechwood, Roscommon, Co Roscommon, Ireland,
F42 FD77.

81

Item 13. Certain Relationships and Related
Party Transactions, and Director Independence 

The following is a summary
of transactions since January 1, 2023 to which we have been a party, in which the amount involved exceeded $120,000 and in which any
of our directors, executive officers or holders of more than 5% of our capital stock, or an affiliate or immediate family member thereof,
had or will have a direct or indirect material interest other than compensation and other arrangements that are described the sections
titled “Executive Compensation” and “Non-Employee Director Compensation.” We also describe below certain other
transactions with our directors, former directors, executive officers and stockholders.

Alternus Energy Group PLC (“AEG”):

On October 12, 2022 AEG entered
into the Business Combination Agreement with the Company and Clean Earth Acquisition Sponsor LLC (the “Sponsor”) which closed
on December 22, 2023 (See FN 1).In conjunction with the Business Combination Agreement, AEG also entered