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Clara Nagy McBane resigns from Board; Benjamin Rosenzweig appointed as Class B director

SPRUSpruce Power Holding Corp

Clara Nagy McBane’s resignation from the Board of Directors became effective on September 18, 2026, following satisfaction of contingencies regarding equity awards and indemnification. Benjamin Rosenzweig was appointed to fill the resulting vacancy as a Class B director. The Board accelerated the vesting of 93,678 unvested restricted stock units held by Ms. McBane, with share delivery delayed until the earliest of the Q3 earnings release, December 15, 2026, or a Change in Control. Mr. Rosenzweig received RSUs valued at $225,000 based on the September 18 closing price. Shawn Kravetz and Mr. Rosenzweig were appointed to the Audit and Compensation Committees, respectively. Spruce Power Holding Corporation operates in the renewable energy sector, focusing on solar power generation.

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