Fuel Tech awards half-target Look-Back RSUs; adopts 2026 incentive plans with $250K operating-income threshold

FUEL TECH, INC.

CEO Vincent Arnone awarded 20,850 Look-Back RSUs (50% of 41,700 target); CFO Albrecht 8,350; SVP Cummings 6,250.
No Total Revenue, New Business Growth, or Operating Income Growth RSUs awarded for 2025 performance period.
2026 Corporate Incentive Plan requires minimum $250,000 Operating Income before any payout; pool capped at $3 million.
2026 Current Objectives Plan sets aside $650,000 bonus pool tied to four corporate goals including $5M bookings from data centers and AI tool implementation.
CEO target bonus factor under 2026 CIP is 50%; CFO target is 30%; executive vice presidents automatically receive 100% realization percentage.

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