Energy Recovery awards 21,762 RSU retention bonuses each to CTO and SVP Water, vesting in 1 year

Energy Recovery, Inc.

Compensation Committee approved one-time equity retention bonuses of 21,762 RSUs each to CTO Farshad Ghasripoor and SVP Water Rodney Clemente.
RSUs granted on October 24, 2023; 100% vest on first anniversary of grant date.
Retention bonuses contingent on continued full-time employment and best efforts.
Grants made under the 2020 Incentive Plan; RSUs settled in shares upon vesting.

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