0001567683 2025-01-01 2025-12-31 0001567683 cwen:ChristopherSSotosMember 2025-01-01 2025-12-31 0001567683 cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 cwen:ChristopherSSotosMember 2024-01-01 2024-12-31 0001567683 cwen:CraigCorneliusMember 2024-01-01 2024-12-31 0001567683 2024-01-01 2024-12-31 0001567683 cwen:ChristopherSSotosMember 2023-01-01 2023-12-31 0001567683 cwen:CraigCorneliusMember 2023-01-01 2023-12-31 0001567683 2023-01-01 2023-12-31 0001567683 cwen:ChristopherSSotosMember 2022-01-01 2022-12-31 0001567683 cwen:CraigCorneliusMember 2022-01-01 2022-12-31 0001567683 2022-01-01 2022-12-31 0001567683 cwen:ChristopherSSotosMember 2021-01-01 2021-12-31 0001567683 cwen:CraigCorneliusMember 2021-01-01 2021-12-31 0001567683 2021-01-01 2021-12-31 0001567683 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 cwen:EquityAwardsAdjustmentsMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 cwen:EquityAwardAdjustmentFairValueAtLastDayOfPriorYearOfEquityAwardsGrantedDuringAnyPriorYearThatForfeitedDuringYearMember ecd:PeoMember cwen:CraigCorneliusMember 2025-01-01 2025-12-31 0001567683 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 cwen:PensionValueAndEquityAwardsValueInCompensationTableForTheApplicableYearMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 cwen:EquityAwardAdjustmentFairValueAtLastDayOfPriorYearOfEquityAwardsGrantedDuringAnyPriorYearThatForfeitedDuringYearMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001567683 1 2025-01-01 2025-12-31 0001567683 2 2025-01-01 2025-12-31 0001567683 3 2025-01-01 2025-12-31 iso4217:USD pure Clearway Energy, Inc. true Compensation Committee may make grants at any time during the year it deems appropriate, including with respect to new hires or transitions. Therefore, the proximity of any awards to other significant corporate events is coincidental. We do not grant, and in 2025 did not grant, stock options in anticipation of the release of material non-public information (“MNPI”). We attempt to make equity awards during periods when we do not have MNPI that could impact our stock price and we do not time, and in 2025 did not time, the release of MNPI based on equity grant dates or for the purpose of affecting the value of executive compensation. false We attempt to make equity awards during periods when we do not have MNPI that could impact our stock price and we do not time, and in 2025 did not time, the release of MNPI based on equity grant dates or for the purpose of affecting the value of executive compensation. false Pay Versus Performance Disclosure In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and Non-PEO NEOs and Company performance for the fiscal years listed below. <table cellpadding="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif; border-spacing: 0px;"> <tr style="vertical-align: bottom; "> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Summary Compensation Table Total for First PEO2</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">Summary Compensation Table Total for Current PEO2 </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Compensation Actually Paid to First PEO 3</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Compensation Actually Paid to Current PEO 3</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Average Summary Compensation Table Total for Non-PEO NEOs2</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Average Compensation Actually Paid to Non-PEO NEOs3</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td colspan="5" style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; text-align: center">  Value of Initial Fixed $100 Investment based on:4</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">Net Income</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: center">CAFD</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; "> <td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left">Year1</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center">($) </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">TSR ($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">Peer Group TSR ($)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($ Millions)</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; text-align: center"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center">($ Millions)⁵</td><td style="font: 8pt Times New Roman, Times, Serif; white-space: nowrap; padding-bottom: 1pt; text-align: center"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 8pt Times New Roman, Times, Serif; width: 10%; text-align: left">2025</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">2,750,014</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">5,682,218</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">1,448,227</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">2,339,829</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">135.07</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">153.04</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">(239</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left">)</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; width: 6%; text-align: right">427</td><td style="font: 8pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; "> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left">2024</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">3,196,766</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">2,851,921</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">(2,118,247</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">3,136,532</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,420,503</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,301,872</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">99.70</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">130.68</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">(63</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">425</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left">2023</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">3,458,999</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">2,399,165</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,092,013</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">914,431</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">98.85</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">108.10</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">(14</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">342</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; "> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left">2022</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">3,348,224</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">2,612,184</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,016,878</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">187,491</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">108.54</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">119.01</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,060</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">326</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="font-size: 8pt; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left">2021</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">3,092,509</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">5,238,269</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">—</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,066,691</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">1,603,696</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">117.83</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">118.24</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">(75</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">)</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 8pt Times New Roman, Times, Serif; text-align: left"> </td><td style="font: 8pt Times New Roman, Times, Serif; text-align: right">336</td><td style="font: 8pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left"> </td></tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">1.</td><td>Christopher S. Sotos served as PEO from 2021 to June 2024 (“First PEO”). Craig R. Cornelius served as PEO since July 2024 (“Current PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below.</td></tr></table> <table cellpadding="0" style="width: 95%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: top"> <td style="white-space: nowrap; width: 34%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2021</td> <td style="white-space: nowrap; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2022</td> <td style="white-space: nowrap; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2023-2025</td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney </td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney </td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Chad Plotkin</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Sarah Rubenstein</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Sarah Rubenstein </td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Chad Plotkin</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">2.</td><td>Amounts reported in this column represent (i) the total compensation reported in the Summary Compensation Table in the case of (i) Mr. Sotos, (ii) Mr. Cornelius and (iii) the average of the total compensation reported in the Summary Compensation Table for the Company’s Non-PEO NEOs for the applicable year.</td></tr></table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">3.</td><td>The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K for the applicable year and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments made as described under the “Reconciliation of CAP Adjustments” section below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.</td></tr></table><table cellpadding="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Summary Compensation Table Total for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Exclusion of Stock Awards for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Inclusion of Equity Values for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Compensation Actually Paid to Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 19%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">2,750,014</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">(2,750,014</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table> <table cellpadding="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; font: bold 10pt Times New Roman, Times, Serif">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Summary Compensation Table Total for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Exclusion of Stock Awards for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Inclusion of Equity Values for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Compensation Actually Paid to Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 19%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">1,448,227</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">(644,080</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">1,535,682</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">2,339,829</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table> The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: <table cellpadding="0" style="border-collapse: collapse; width: 95%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"> Vesting- Date Fair Value of Equity Awards Granted During Year that Vested During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Total - Inclusion of Equity Values for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">3,927,291</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">1,670,069</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">84,858</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table><table cellpadding="0" style="border-collapse: collapse; width: 95%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year</td><td style="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Vesting- Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"> Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Total - Average Inclusion of Equity Values for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">933,393</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">568,999</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">33,290</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">1,535,682</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">4.</td><td>The Peer Group TSR set forth in this table utilizes the Philadelphia Utility Sector Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Philadelphia Utility Sector Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.</td></tr></table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">5.</td><td>As noted in the CD&A, the Compensation Committee selected CAFD as one of the key metrics for evaluating and rewarding management’s performance in the 2025 annual incentive compensation program. CAFD is a non-GAAP measure that is defined in the CD&A under the heading “2025 AIP Bonus Performance Criteria.” Given the importance of CAFD, as discussed further above (i.e., CAFD has a 40% weighting in the AIP scorecard), the Company has determined, in the Company’s assessment, that CAFD represents the most important financial performance measure (that is not otherwise required to be disclosed in the above table) used by the Company to link Compensation Actually Paid to the NEOs for 2025.</td></tr></table> 2750014 5682218 1448227 2339829 135.07 153.04

-239000000

427000000 3196766 2851921 -2118247 3136532 1420503 1301872 99.7 130.68

-63000000

425000000 3458999 2399165 1092013 914431 98.85 108.1

-14000000

342000000 3348224 2612184 1016878 187491 108.54 119.01

1060000000

326000000 3092509 5238269 1066691 1603696 117.83 118.24

-75000000

336000000 <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">1.</td><td>Christopher S. Sotos served as PEO from 2021 to June 2024 (“First PEO”). Craig R. Cornelius served as PEO since July 2024 (“Current PEO”). The individuals comprising the Non-PEO NEOs for each year presented are listed below.</td></tr></table><table cellpadding="0" style="width: 95%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: top"> <td style="white-space: nowrap; width: 34%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2021</td> <td style="white-space: nowrap; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2022</td> <td style="white-space: nowrap; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">2023-2025</td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney </td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Kevin P. Malcarney </td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Chad Plotkin</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Sarah Rubenstein</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Sarah Rubenstein </td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">Chad Plotkin</td> <td style="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> </table> Craig R. Cornelius <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">3.</td><td>The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K for the applicable year and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments made as described under the “Reconciliation of CAP Adjustments” section below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.</td></tr></table><table cellpadding="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: left; font: bold 10pt Times New Roman, Times, Serif">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Summary Compensation Table Total for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Exclusion of Stock Awards for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Inclusion of Equity Values for Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Average Compensation Actually Paid to Non-PEO NEOs ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 19%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">1,448,227</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">(644,080</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">1,535,682</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">2,339,829</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table>The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:<table cellpadding="0" style="border-collapse: collapse; width: 95%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year</td><td style="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Vesting- Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"> Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Total - Average Inclusion of Equity Values for Non-PEO NEOs ($)</td><td style="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">933,393</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">568,999</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">33,290</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">1,535,682</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">3.</td><td>The amounts shown for “Compensation Actually Paid” have been calculated in accordance with Item 402(v) of Regulation S-K for the applicable year and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments made as described under the “Reconciliation of CAP Adjustments” section below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table.</td></tr></table><table cellpadding="0" style="border-collapse: collapse; width: 80%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Summary Compensation Table Total for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Exclusion of Stock Awards for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Inclusion of Equity Values for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid">Compensation Actually Paid to Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 19%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">2,750,014</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">(2,750,014</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">)</td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 17%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table>The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:<table cellpadding="0" style="border-collapse: collapse; width: 95%; font: 10pt Times New Roman, Times, Serif; margin-left: auto; margin-right: auto; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Year</td><td style="text-align: center; padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"> Vesting- Date Fair Value of Equity Awards Granted During Year that Vested During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td><td style="text-align: center; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">Total - Inclusion of Equity Values for Current PEO ($)</td><td style="text-align: center; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 10pt Times New Roman, Times, Serif; width: 13%; text-align: left">2025</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">3,927,291</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 12%; text-align: right">1,670,069</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">84,858</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">—</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td><td style="width: 1%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left"> </td><td style="font: 10pt Times New Roman, Times, Serif; width: 11%; text-align: right">5,682,218</td><td style="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td></tr> </table> 2750014 -2750014 5682218 5682218 1448227 -644080 1535682 2339829 3927291 1670069 84858 5682218 933393 568999 33290 1535682 <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">4.</td><td>The Peer Group TSR set forth in this table utilizes the Philadelphia Utility Sector Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Philadelphia Utility Sector Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.</td></tr></table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">5.</td><td>As noted in the CD&A, the Compensation Committee selected CAFD as one of the key metrics for evaluating and rewarding management’s performance in the 2025 annual incentive compensation program. CAFD is a non-GAAP measure that is defined in the CD&A under the heading “2025 AIP Bonus Performance Criteria.” Given the importance of CAFD, as discussed further above (i.e., CAFD has a 40% weighting in the AIP scorecard), the Company has determined, in the Company’s assessment, that CAFD represents the most important financial performance measure (that is not otherwise required to be disclosed in the above table) used by the Company to link Compensation Actually Paid to the NEOs for 2025.</td></tr></table> 0.40 Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return (“TSR”) The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Philadelphia Utility Sector Index TSR. <img alt="" src="tm261444d1_pre14a-img01.jpg"/> Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return (“TSR”)The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Philadelphia Utility Sector Index TSR.<img alt="" src="tm261444d1_pre14a-img01.jpg"/> Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the five most recently completed fiscal years. <img alt="" src="tm261444d1_pre14a-img02.jpg"/> Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and CAFD The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and our CAFD during the five most recently completed fiscal years.<img alt="" src="tm261444d1_pre14a-img03.jpg"/> Tabular List of Most Important Financial Performance Measures The following is a list of financial performance measures, which in our assessment represent the most important financial performance measures used by the Company to link Compensation Actually Paid to the NEOs for 2025. The measures in this table are not ranked. In addition to these metrics, the Company’s annual bonus program includes key performance milestones relating to the Company’s relevant fleet capacities, project development priorities, cost efficiencies and savings, adherence to budget, energy resource planning, Enterprise Resource and employee engagement. Please see the CD&A for a further description of the metrics used in the Company’s executive compensation program. <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">●</td><td>CAFD</td></tr></table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">●</td><td>Relative TSR</td></tr></table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"><tr style="vertical-align: top"> <td style="width: 0.25in"></td><td style="width: 0.25in">●</td><td>CAFD Per Share</td></tr></table> CAFD Relative TSR CAFD Per Share PRE 14A 0001567683 false