Eos Energy's Board approved amendments to its 2020 Incentive Plan on July 25, 2024, implementing shareholder-recommended changes including modified double-trigger treatment for change-in-control scenarios and clarification on share repurchase rules. The revised plan aims to better align with shareholder interests and contemporary governance practices.The Compensation Committee approved new performance-based equity grants for executives, with CEO Joe Mastrangelo receiving 2 million units (50% RSUs, 25% rTSR PRSUs, 25% Milestone PRSUs) and CFO Nathan Kroeker receiving 1.3 million units in similar proportions. The grants include relative total shareholder return metrics and technical performance milestones as vesting conditions.The rTSR PRSUs vest over two and three-year periods with 0-200% potential, while Milestone PRSUs vest at 0-100% based on credit agreement targets. Regular RSUs vest in three annual installments, with accelerated vesting provisions for death, disability, or termination without cause. Similar equity grants were extended to all exempt employees with a 50-50 split between Milestone PRSUs and RSUs.

Eos Energy's Board approved amendments to its 2020 Incentive Plan on July 25, 2024, implementing shareholder-recommended changes including modified double-trigger treatment for change-in-control scenarios and clarification on share repurchase rules. The revised plan aims to better align with shareholder interests and contemporary governance practices.The Compensation Committee approved new performance-based equity grants for executives, with CEO Joe Mastrangelo receiving 2 million units (50% RSUs, 25% rTSR PRSUs, 25% Milestone PRSUs) and CFO Nathan Kroeker receiving 1.3 million units in similar proportions. The grants include relative total shareholder return metrics and technical performance milestones as vesting conditions.The rTSR PRSUs vest over two and three-year periods with 0-200% potential, while Milestone PRSUs vest at 0-100% based on credit agreement targets. Regular RSUs vest in three annual installments, with accelerated vesting provisions for death, disability, or termination without cause. Similar equity grants were extended to all exempt employees with a 50-50 split between Milestone PRSUs and RSUs.