CRKN · Crown Electrokinetics Corp.

The securities reported herein are shares of restricted stock of the Issuer that were granted to the reporting person by the Issuer pursuant to the Issuer's 2024 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of Crown Electrokinetics Corp. (the "Issuer") that were granted to the reporting person by the Issuer pursuant to the Issuer's 2022 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of the Issuer that were granted to the reporting person by the Issuer pursuant to the Issuer's 2024 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of the Issuer that were granted to the reporting person by the Issuer pursuant to the Issuer's 2024 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of the Issuer that were granted to the reporting person by the Issuer pursuant to the Issuer's 2024 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of Crown Electrokinetics Corp. (the "Issuer") that were granted to the reporting person by the Issuer pursuant to the Issuer's 2022 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of Crown Electrokinetics Corp. (the "Issuer") that were granted to the reporting person by the Issuer pursuant to the Issuer's 2022 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of Crown Electrokinetics Corp. (the "Issuer") that were granted to the reporting person by the Issuer pursuant to the Issuer's 2022 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of Crown Electrokinetics Corp. (the "Issuer") that were granted to the reporting person by the Issuer pursuant to the Issuer's 2022 Employee Incentive Plan.

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

The securities reported herein are shares of restricted stock of the Issuer that were granted to the reporting person by the Issuer pursuant to the Issuer's 2024 Employee Incentive Plan

Subject to the reporting person remaining in continuous service with the Issuer through each applicable vesting date, the shares of restricted stock reported herein vest on the second anniversary of the date of grant.

Each restricted stock unit represents a contingent right to receive one share of common stock of Crown Electrokinetics Corp. (the "Issuer").

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, the restricted stock units reported herein vest in equal monthly installments over 12 months beginning on the date of grant, provided, that all such restricted stock units vest immediately upon the Issuer achieving a market capitalization of $50,000,000.

The amount of shares reported herein reflects the 60-for-1 reverse stock split effected by the Issuer on August 14, 2023.

Each restricted stock unit represents a contingent right to receive one share of common stock of Crown Electrokinetics Corp. (the "Issuer").

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, the restricted stock units reported herein vest in equal monthly installments over 12 months beginning on the date of grant, provided, that all such restricted stock units vest immediately upon the Issuer achieving a market capitalization of $50,000,000.

The amount of shares reported herein reflects the 60-for-1 reverse stock split effected by the Issuer on August 14, 2023.

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 2,778 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 4,166 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.

Held through Croxall Family Revocable Trust dated February 20, 2004.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 2,778 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 4,166 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.

Held through Croxall Family Revocable Trust dated February 20, 2004.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Held through Croxall Family Revocable Trust dated February 20, 2004.

Granted pursuant to the Issuer's 2020 Employee Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Not applicable.

In connection with the Reporting Person's Form 4 filing on February 20, 2021, a grant of 400,000 shares of restricted stock pursuant to the Reporting Person's employment agreement with the Issuer was prematurely disclosed; this disclosed grant was never formalized. This grant of 400,000 restricted stock units was made by the Issuer in satisfaction of the Reporting Person's entitlement to an equity award grant pursuant to his employment agreement with the Issuer.

77,778 of the restricted stock unit vested on September 29, 2021. Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 11,111 of the restricted stock units will vest monthly for a period of 28 months beginning October 20, 2021, with the remaining 11,114 restricted stock units vesting on February 20, 2024. In the event of a change in control of the Issuer, all then-unvested restricted stock units will vest as of the date of such change in control; if the Reporting Person terminates service with the Issuer as a result of his death, disability or a termination by the Issuer without cause, 100% of the unvested restricted stock units will vest as of the date of such termination. Share of unrestricted Common Stock of the Issuer will be issued with respect to vested restricted stock units on the earliest to occur of (1) February 20, 2026; (2) the Reporting Person's separation from service; (3) a change in control; or (4) the Reporting Person's death.

Granted pursuant to the Issuer's 2020 Employee Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Not applicable.

66,667 of the restricted stock unit vested on September 29, 2021. Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 11,111 of the restricted stock units will vest monthly for a period of 29 months beginning October 21, 2021, with the remaining 11,114 restricted stock units vesting on March 21, 2024. In the event of a change in control of the Issuer, all then-unvested restricted stock units will vest as of the date of such change in control; if the Reporting Person terminates service with the Issuer as a result of his death, disability or a termination by the Issuer without cause, 100% of the unvested restricted stock units will vest as of the date of such termination. Share of unrestricted stock of the Issuer will be issued with respect to vested restricted stock units on the earliest to occur of (1) June 21, 2024; (2) the Reporting Person's separation from service; (3) a change in control; or (4) the Reporting Person's death.

Awarded in connection with the listing of the Issuer's common stock on The Nasdaq Stock Market pursuant to the Issuer's 2020 Employee Incentive Plan in satisfaction of the Reporting Person's entitlement to such award as set forth in the Reporting Person's employment agreement with the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. Certain of these restricted stock units were issued as reimbursement for securities previously held by the Reporting Person that were cancelled by the Issuer.

Not applicable.

The restricted stock units vest on January 26, 2022, subject to the Reporting Person remaining in continuous service with the Issuer through such date. In the event of a change in control of the Issuer, all then-unvested restricted stock units will vest as of the date of such change in control; if the Reporting Person terminates service with the Issuer as a result of his death, disability or a termination by the Issuer without cause, 100% of the unvested restricted stock units will vest as of the date of such termination. Share of unrestricted Common Stock of the Issuer will be issued with respect to vested restricted stock units on the earliest to occur of (1) January 26, 2022; (2) the Reporting Person's separation from service; (3) a change in control; or (4) the Reporting Person's death.

Issued as reimbursement for certain fees and expenses previously advanced to third parties by the Reporting Person.

Granted pursuant to the Issuer's 2020 Employee Incentive Plan.

Consists of 400,000 shares of restricted stock, vesting in equal monthly installments over a period of 36 months. The Issuer and the Reporting Person have agreed to defer delivery of all vested shares until the 60th month following February 20, 2021, subject to the Reporting Person's continued employment with the Issuer.

Reflects the forfeiture of certain incentive compensation for no consideration.

Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.

Held through Croxall Family Revocable Trust dated February 20, 2004.