Company: FTCI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-164759
Chunk: 26

Company: FTC Solar, Inc.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 26
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 Based on Amendment No. 3 of Schedule 13G filed February 14, 2025, Mr. Shaker Sadasivam, the Chair of our Board of Directors, is the trustee of the ARC Family Trust and has shared voting and dispositive power |

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| with respect to the shares of common stock held by ARC Family Trust. As of July 9, 2025, Mr. Sadasivam had sole voting and dispositive power with respect to an additional 347,149 shares 
 of common stock currently held (see footnote (5) below). The address of this stockholder is 20 Montchanin Road, Suite 100, Greenville, DE 19807.                                          |

| (2) | Consists of (i) 1,750,000 shares of common stock issued upon the exercise of the Warrant to Purchase Common                                                                                                 
 Stock dated December 4, 2024 and (ii) 2,140,384 shares of common stock issuable upon exercise of a Warrant. The address of this stockholder is Torre de las Americas, Ofc C-1903, Ciudad de Panama, Panama. |

| (3) | Consists of an aggregate 4,695,853 shares of common stock issuable upon exercise of Warrants, the exercise of                                                             
 which are subject to a 4.99% beneficial ownership limitation as set forth in such Warrants. The address of this holder is 650 5th Avenue, Suite 1400, New York, NY 10019. |

| (4) | Based on Amendment No. 1 to Schedule 13G filed February 1, 2023, on behalf of South Lake One LLC                                                                                                                                                          
 (“South Lake One”), South Cone Investments Limited Partnership (“South Cone”), and South Lake Management LLC (“South Lake Management”). South Lake Management is controlled and managed by the Class A and                                                
 Class B members of its Board of Managers whereby no member of the Board of Managers has direct or indirect control of South Lake Management, and no member of South Lake Management individually has the power to control South Lake Management or        
 replace its Board of Managers. South Lake Management directly controls South Cone as its general partner with the power to manage South Cone. South Cone directly owns 100% of the issued and outstanding membership interest of South Lake One. South    
 Lake One is managed by the Class A and Class B members of its Board of Managers whereby no member of the Board of Manager has