Company: FTCI
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-061051
Chunk: 30

Company: FTC Solar, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 30
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(2) Mr. Sadasivam is Chair of the Board of Directors and is also Chair of the Compensation Committee of the Board. (3) Mr. Barahona was appointed to the Board of Directors, effective August 12, 2024. (4) Mr. Chatila elected not to accept his 2024 cash retainer and instead donated it to Mrs. Mullings. Mr. Chatila also elected not to accept the RSU grants for his annual award in 2024 in order for the available RSUs to be used for future awards to employees and/or other eligible recipients. (5) Mr. Quiroga Cortés resigned from the Board of Directors, effective August 11, 2024. As a result, his unvested 2024 annual RSU grant was forfeited upon his resignation. (6) Ms. Hung is Chair of the Nominating and Corporate Governance Committee of the Board. (7) Fees earned by Mrs. Mullings in 2024 included her 2024 Board retainer fee plus the retainer fee donated to her by Mr. Chatila. Mrs. Mullings resigned from the Board of Directors, effective May 13, 2024 to become a full-time employee of the Company. As of December 31, 2024, the fees owed Mrs. Mullings have not yet been paid by the Company but are expected to be paid during 2025 following the termination of her employment with the Company in March 2025. (8) Mr. Priddy is Chair of the Audit Committee. As of December 31, 2024, our current directors held the following unvested restricted stock unit awards in the aggregate:

| Name                          |     | RSUs outstanding 
 #                |        |
| Shaker Sadasivam              |     |                  | 12,447 |
| Pablo Barahona                |     |                  | 16,960 |
| Ahmad Chatila                 |     |                  |      — |
| Lisan Hung                    |     |                  | 12,447 |
| Dean Priddy                   |     |                  | 10,386 |
| David Springer                |     |                  |  9,045 |
| Tony Alvarez (Board Observer) |     |                  |      — |

No director held any outstanding stock option awards as of December 31, 2024.

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PROPOS