Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 140

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 140
---
 approximately 2 years, and risk-free rate of return of 4%. The SARs are considered fully vested at the date of grant and compensation cost for both SARs was recognized immediately at the date of grant. During the Successor period from October 2, 2024 through December 31, 2024, the Company recorded $13,531 in compensation expense related to the SARs within General and administrative expense in the consolidated statements of operations and comprehensive income (loss). The summary of SARs activity for the Successor period from October 2, 2024 through December 31, 2024 is as follows: Table of Contents Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) 100

Cash-settled SARs Stock-settled SARs Number of Shares Weighted Average Exercise Price Weighted Average Grant Date Fair Value (per share) Number of Shares Weighted Average Exercise Price Weighted Average Grant Date Fair Value (per share) Granted on December 9, 2024 30,000 $ 12.18 $ 38.66 320,000 $ 12.18 $ 38.66 Vested — — — — — — Exercised — — — — — — Forfeited — — — — — — Outstanding at December 31, 2024 30,000 $ 12.18 $ 38.66 320,000 $ 12.18 $ 38.66 Exercisable at December 31, 2024 — — — — — — Subsidiary Equity Plans Accelsius Subsidiary Equity Plan Accelsius, a subsidiary of the Company, adopted an equity incentive plan on March 24, 2022 (the “Accelsius Subsidiary Equity Plan”). In March 2023, the Accelsius Subsidiary Equity Plan was amended to permit the grant of 3,300,000 Class C units of the subsidiary to the subsidiary’s employees, directors, and consultants, as designated by the Board of Directors. The awards vest over the period defined in each individual grant agreement which is generally accelerated upon a change of control event. Accelsius has the option to repurchase all vested units upon an employee’s termination of employment or service. The summary of Accelsius Subsidiary Equity Plan activity is as follows: Successor Period Predecessor Period Period from October 2, 2024 through December 31, 202