Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 117

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 117
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 of stockholders to be held in 2027; and                                                                            |

| • | our Class I directors are Gregory W. Haskell, Daniel J. Hennessy and Michael Amalfitano, and their terms will expire at the 
 annual meeting of stockholders to be held in 2028.                                                                          |

Any additional directorships resulting from an increase in the authorized number of directors will be distributed among the three classes so that, as nearly as possible, each class will consist of one-third of our authorized number of directors. Director Nominations The Nominating and Corporate Governance (“N&CG”) Committee is responsible for identifying and reviewing the qualifications of potential director candidates and recommending to the Board those individuals for election to Innventure’s Board. The N&CG Committee recommends directors who have the experience, qualifications, skills and attributes to guide the Company and function effectively. The N&CG Committee is also responsible for making recommendations to the Board of the criteria to be used by the N&CG Committee in seeking nominees for election to the Board. Agreements to Nominate Certain Directors Mr. Hennessy is a director designated by Learn CW pursuant to the Business Combination Agreement.

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Additionally, in connection with the Closing, the Company, certain of the members of Innventure LLC (the “Founding Investors”) and other parties entered into the Amended & Restated Investor Rights Agreement (the “Investor Rights Agreement” or “IRA”). Pursuant to the Investor Rights Agreement, the Company agreed to grant the Founding Investors certain rights with respect to nomination of the directors of the Board, as further described below. Pursuant to the Investor Rights Agreement, at each annual meeting or special meeting of stockholders of the Company at which directors are to be elected, the Founding Investors will have the right to nominate for election to the Board a number of nominees (“Founding Investor Nominees”). The number of Founding Investor Nominees with respect to any meeting of stockholders at which directors are to be elected will be as follows:

| • | up to seven (7) directors, so long as the Founding Investors beneficially own greater than 70% of the outstanding shares of 
 Common Stock;                                                                                                               |

| • | up to six (6) directors, so long as the Founding Investors beneficially own more than 50%, but less than 70%, of the outstanding 
 shares of Common Stock;                                                                                                          |

| • | up to four (4) directors, so long as the