Company: DJTWW
Filing Date: 2025-02-21
Form Type: PRE 14A
Source: 0001140361-25-005487
Chunk: 62

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-21
Form: PRE 14A
Chunk 62
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. Background and Timing of the Amendment As of February 18, 2025, there were 9,547,850 shares available under the 2024 Plan. This remaining share pool will not be sufficient to fulfill the Company’s equity compensation program during the next several years. We consider it important to maintain a strong association between compensation of our employees and service providers and our stockholders’ long-term interests. Awards under the 2024 Plan are intended to provide our employees significant incentive to protect and enhance stockholder value. We believe that there is an insufficient number of shares remaining available for new grants under our 2024 Plan to sustain these important stock-based incentives. Although the A&R Plan was approved in 2024, in order to secure and retain the services of our employees, directors and other service providers and to provide long-term incentives that align the interests of our employees, directors and other service providers with the interests of our stockholders, the Evergreen Provision will allow us to better support our continued growth strategy. Adopting the A&R Plan at this time will make an additional number of shares available for issuance to participants each year. Overview The Incentive Plan Proposal — We are asking shareholders to consider and vote upon a proposal to approve and adopt the A&R Plan, a copy of which is attached to this proxy statement as Appendix D. If the A&R Plan is approved by stockholders, then the amended plan will be effective as of such approval. Why We Support the Proposal The A&R Plan is key to our attracting and retaining top talent . Attracting and retaining top talent in this very competitive industry is one of our fundamental strategic imperatives. Our long-term equity compensation program for our officers and employees is a significant element of our compensation strategy for attracting and retaining our top employees and directors. We have found that equity-based awards are valued by our executives and employees. That sense of value, when coupled with multi-year vesting periods, and performance-based vesting in certain cases, serves to enhance retention of these employees as well as collaboration among them. We believe an A&R Plan is key to our long-term success and the future success of our stockholders. The A&R Plan will be used to align the long-term interests of our employees, with those of our stockholders and consistent with our M&A strategy . We consider it crucial to maintain a strong association between compensation of our key employees and our stockholders’ long-term interests. Our long-term equity compensation program is a significant factor in achieving this goal and allowing us to have potential