Compensation committee adopts 2022 commission plans for SVP Sales and National Sales Manager

FUEL TECH, INC.

APC and FUEL CHEM officer commission plans approved for SVP Sales William E. Cummings, Jr., effective Jan 1, 2022.
APC Plan pays a confidential % of as-sold contract value for APC product line sales in US and Canada.
FUEL CHEM Plan pays a confidential % of net revenue on customer units (US and Canada) based on Commercial Contracts.
Both plans tie commissions to employee eligibility under 2022 employee commission plans; quarterly payments with 45-day lag.
Plans run through Dec 31, 2022; can be modified or terminated at any time by Fuel Tech.

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