Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 236

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 236
---
centive Plan (as defined below).

Director Compensation
Table

The following table provides
information concerning compensation paid to our directors during fiscal year ended December 31, 2024.

Members of the Board of Directors
of the predecessor entity, Clean Earth Acquisition Corporation, did not receive fees for their services in 2024.

Mr. Brown’s compensation
was as a paid executive in 2024 and he did not receive compensation for his services as a board member.

    Name 
    Fee Earned / Paid in  Cash
    ($)  
    Stock Awards ($)  
    Options ($)  
    Others ($)  
    Total ($) 
  
    John P. Thomas 
     132,000  
         -  
          -  
     5,149(1) 
     137,149 
  
    Aaron T. Ratner 
     70,000  
     -  
     -  
     -  
     70,000 
  
    Nicholas Parker 
        
     -  
     -  
     -  

    Tone Bjornov 
     22,590  
     -  
     -  
     -  
     22,590 
  
    Candice Beaumont (Former) 
        
     -  
     -  
     -  

    Vincent Browne 
        
     -  
     -  
     -  

    John McQuillan 
        
     -  
     -  
     -  

    (1)
    Mr. Thomas’ compensation
    includes fees earned under a consulting agreement entered into in July 2023 with one of our US subsidiaries.

80

Item 12. Security ownership Certain Beneficial
Owners and Management

The table below sets forth
information regarding the beneficial ownership of the common stock by (i) our directors and named executive officers; (ii) all the named
executives and directors as a group and (iii) any other person or group that to our knowledge beneficially owns more than five percent
of our outstanding shares of common stock and preferred stock.

We have determined beneficial
ownership in accordance with the rules and regulations of the SEC. These rules generally provide that a person is the beneficial owner
of securities if such person has or shares the power to vote or direct the voting thereof,