Company: FTCI
Filing Date: 2025-05-01
Form Type: S-3
Source: 0001193125-25-109056
Chunk: 15

Company: FTC Solar, Inc.
Filing Date: 2025-05-01
Form: S-3
Chunk 15
---
 projects, thus supporting the transition away from fossil fuels. We make solar energy generation more efficient and attainable with our software, engineering and differentiated products. We are committed to the following core values in the way we do business:

| • |     | Integrity - We do the right thing. We are humble and listen to new ideas. We respect our customers and our 
 teammates.                                                                                                 |

| • |     | Accountability - We are all accountable and act with urgency. We are transparent and deliver on our 
 commitments. We come together to solve problems.                                                    |

| • |     | Innovation - We collaborate to create world class solutions. We foster a learning culture. We turn great 
 ideas into our future.                                                                                   |

| • |     | Excellence - We are committed to high quality. We plan well and execute flawlessly. We are focused on 
 results.                                                                                              |

Environmental management We are committed to protecting our environment for the benefit of current and future generations. We design our products and operations to reduce environmental impacts and maximize environmental savings. Since 2018, we have maintained ISO 14001:2015 certification through third-party assurance. The standard from the International Organization for Standardization (“ISO”) details the requirements for an environmental management system that we use to measure and manage our environmental performance. Specifically, our tracker business is ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified, and through Intertek has met 8

the standards necessary to qualify for the UL certification for solar trackers. Our contract manufacturing partners also undergo a qualification process to remain on our approved vendor list, which includes a review and assessment of their environmental performance. We assess our emissions across our global operations, focusing initially on Scope 1 and Scope 2 emissions. Our Scope 1 emissions cover a fleet of light-duty trucks we operate for equipment delivery and technical support. Our Scope 2 emissions are associated with purchased electricity primarily at our offices in Texas, India, Australia. All of our manufacturing is outsourced to contract manufacturing partners, and we currently do not own or lease any manufacturing facilities. Seasonality Our revenue may be impacted by seasonality and variability related to the timing of construction activity. Based on historical experience, we have experienced to some degree lower levels of customer purchasing during winter months in cold-weather climates as it is more costly to our customers to set foundations when the ground is frozen, however, such fluctuations due to seasonality have not had a material adverse impact on our operations