| Schedule of Reconciliation for EPS Calculations |
Presented
in the table below is a reconciliation of the numerator and denominator for the EPS calculations for the three and six months ended June 30, 2025 (Successor):
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Numerator:
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Net loss attributable to Innventure, Inc., shareholders
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$(84,227)
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$(227,224)
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Less: Cumulative earnings to participating securities
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37
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42
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Undistributed loss for participating securities
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(84,264)
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(227,266)
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Less: Undistributed loss attributable to participating securities
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—
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—
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Net loss attributable to common shareholders, basic
and diluted
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$(84,264)
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$(227,266)
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Denominator:
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Weighted average number of units outstanding, basic and diluted
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52,546,491
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49,417,092
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Net loss per share attributable
to common shareholders, basic and diluted
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$(1.60)
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$(4.60)
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Presented in the table below is a reconciliation of the numerator and denominator
for the EPS calculations for the Successor period from October 2, 2024 through December 31, 2024:
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Numerator:
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Net loss attributable to Innventure, Inc. shareholders
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$(61,754)
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Less: Cumulative earnings to participating securities
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217
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Undistributed loss for participating securities
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(61,971)
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Less: Undistributed loss attributable to participating securities
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—
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Net Loss attributable to common shareholders, basic
and diluted
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$(61,971)
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Denominator:
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Weighted average number of units outstanding, basic and diluted
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43,951
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Net loss per share attributable to common
shareholders, basic and diluted
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$(1.41)
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| Schedule of Antidilutive Securities |
The following table presents the potential Common Stock outstanding that was
excluded from the computation of diluted net loss per share of Common Stock for the periods presented because including them would have been antidilutive:
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Public warrants
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11,240,688
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11,240,688
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Private placement warrants
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7,146,000
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7,146,000
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2024 WTI Warrants
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1,000,000
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1,000,000
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Convertible Debentures
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2,817,200
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2,817,200
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2025 WTI Warrants
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495,074
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495,074
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Series B Preferred Stock
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41,762
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26,516
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Series C Preferred Stock
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189,000
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194,062
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Share options
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1,596,702
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1,596,702
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RSUs
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2,148,001
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2,148,001
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SARs
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320,000
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320,000
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The following table presents the potential common stock outstanding that was
excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been antidilutive:
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Public warrants
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11,500,000
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Private placement warrants
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7,146,000
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WTI warrants
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1,000,000
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Series B preferred shares
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1,011,869
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Share options
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975,409
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RSUs
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2,036,476
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SARs
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320,000
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