Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-05

Ha Sustainable Infrastructure Capital (HASI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,566,821
Jeffrey Lipson total, FY2025
64th
CEO pay percentile vs peers
36:1
CEO-to-median pay ratio
91.13%
Say-on-pay support, latest vote
Companies that benchmark against HASI
8 companies name HASI as a compensation peer

Each company listed discloses HASI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named HASI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jeffrey Lipson$807,308$0$6,032,138$0$2,709,875$0$17,500$9,566,821
Director, Chief Executive Officer and President
Steven Chuslo414,61501,186,6500985,625017,5002,604,390
Executive Vice President and Chief Legal Officer
Charles Melko397,1160725,1750836,000017,5001,975,791
Senior Managing Director and Chief Financial Officer
Nitya Gopalakrishnan192,3080562,6000950,000023,9021,728,810
Senior Managing Director and Chief Operating Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jeffrey Lipson$9,566,821$8,399,696$8,249,497+1,167,125
Steven Chuslo2,604,390
Charles Melko1,975,791
Nitya Gopalakrishnan1,728,810

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Christy Ledet Freer-GreeneChief Legal Officer2026-04-30A17,500$0$0Derivative, Class A CommonForm 4 ↗
Marc T. PangburnChief Rev And Strategy Officer2026-05-11D100,50000Derivative, Class A CommonForm 4 ↗
Michelle WhicherChief Accounting Officer2026-05-15D9614139,584CommonForm 4 ↗
Lizabeth A. ArdisanaDirector2026-06-03A5,57400Derivative, Class A CommonForm 4 ↗
Steven G. OsgoodDirector2026-06-03A6,86100Derivative, Class A CommonForm 4 ↗
Barry E. WelchDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗
Clarence D. ArmbristerDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗
Laura A. SchulteDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗
Jeffrey W. EckelDirector2026-06-03A8,69800Derivative, Class A CommonForm 4 ↗
Teresa M. BrennerDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗
Nancy C. FloydDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗
Kimberly A. ReedDirector2026-06-03A3,55300Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffrey LipsonRSU2025-03-0191,500$2,628,795
Jeffrey LipsonPSU2025-03-0145,75091,500183,0003,403,343
Steven ChusloRSU2025-03-0118,000517,140
Susan D. NickeyRSU2025-03-0122,500646,425
Marc T. PangburnRSU2025-03-0137,0001,063,010
Susan D. NickeyPSU2025-03-0111,25022,50045,000836,888
Marc T. PangburnPSU2025-03-0118,50037,00074,0001,376,215
Charles MelkoRSU2025-03-0111,000316,030
Steven ChusloPSU2025-03-019,00018,00036,000669,510
Nitya GopalakrishnanRSU2025-09-1620,000567,400
Charles MelkoPSU2025-03-015,50011,00022,000409,145
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffrey Lipson$2,628,795$3,403,343$056.4%
Steven Chuslo517,140669,510056.4%
Susan D. Nickey646,425836,888056.4%
Marc T. Pangburn1,063,0101,376,215056.4%
Charles Melko316,030409,145056.4%
Nitya Gopalakrishnan567,400000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jeffrey LipsonPSU290,875$9,142,201
PangburnPSU88,3752,777,626
NickeyPSU69,6252,188,314
Steven ChusloRSU35,1981,106,273
NickeyRSU42,0011,320,091
Nitya GopalakrishnanRSU20,000628,600
Charles MelkoRSU20,158633,566
PangburnRSU60,0011,885,831
Jeffrey LipsonRSU174,3345,479,318
Steven ChusloPSU60,4441,899,755
Charles MelkoPSU25,931815,011
05

Incentive-plan design — the Compensation Discussion & Analysis

We are committed to providing an executive compensation program that encourages and rewards strong financial and operational performance and supports the following goals: aligning our leadership team's interests with those of our stockholders, motivating and rewarding our leadership team for executing operational plans, and attracting and retaining an experienced and effective leadership team while maintaining appropriate expense structure.

CEO STI target (% of salary)175%
CEO LTI target (% of salary)
Independent consultantPay Governance
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0393,149,1959,067,144247,22191.13%Passed
20252025-06-0489,016,6767,403,736269,22892.32%Passed
20242024-06-0680,658,4639,889,175581,71288.51%Passed
20232023-06-0761,260,3859,170,2771,135,36086.98%Passed
20222022-06-0255,201,50010,711,322631,39183.75%Passed
20212021-06-0347,737,8957,268,403500,70586.79%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0391.13%a
20252025-06-0492.32%b
20242024-06-0688.51%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not votes cast and will have no effect on the result of the vote.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not votes cast and will have no effect on the result of the vote.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have the effect of a vote against any such proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)36 : 1
CEO total compensation$9,566,821
Median employee compensation$265,886
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jeffrey W. EckelEmployee director · Board Chair$505,006$129,460$0$0$634,466
Teresa M. BrennerIndependent · Lead Independent Director · Compensation · NGCR (Chair)160,000129,460000289,460
Richard J. OsborneIndependent · Compensation (Chair) · Audit135,000129,460000264,460
Charles M. O NeilIndependent · Finance and Risk (Chair) · NGCR125,000129,460000254,460
Steven G. OsgoodIndependent · Audit (Chair) · Compensation249,974000249,974
Kimberly A. ReedIndependent · Finance and Risk · NGCR110,000129,460000239,460
Lizabeth A. ArdisanaIndependent · Audit · Compensation110,000129,460000239,460
Nancy C. FloydIndependent · Audit · Finance and Risk110,000129,460000239,460
Clarence D. ArmbristerIndependent · Finance and Risk · NGCR110,000129,460000239,460
Laura A. SchulteIndependent · Audit · Compensation · Newly elected77,917129,460000207,377
Barry E. WelchIndependent · Audit · Finance and Risk · Newly elected77,917129,460000207,377
Jeffrey A. LipsonEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$194,746
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,520,840
Equity awards (grant-date value)$1,544,574
All other compensation$0
Total cost of the board$3,065,414

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Ha Sustainable Infrastructure Capital names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Ha Sustainable Infrastructure Capital.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Affiliated Managers Group, Inc.2025Jay Horgen$750,000$8,967,000$0$6,525,000$16,311,950
2Victory Capital Holdings, Inc.2025David Brown600,0009,819,944016,198,444
3Walker & Dunlop, Inc.2025William Walker1,000,00013,170,93101,324,82115,500,252
4Hercules Capital, Inc.2025Scott Bluestein650,0005,047,162009,670,162
5Enphase Energy, Inc.2025Badrinarayanan Kothandaraman450,0008,844,6240306,7529,601,958
6Ha Sustainable Infrastructure Capital2025Jeffrey Lipson807,3086,032,13802,709,8759,566,821
7Main Street Capital Corporation2025Dwayne Hyzak759,3754,283,74808,837,682
8Sunrun Inc.2025Mary Powell850,0005,767,49001,698,3008,331,132
9First Solar, Inc.2025Mark Widmar1,021,5355,500,03201,603,0388,138,605
10Array Technologies, Inc.2025Kevin Hostetler869,1354,776,33401,126,5636,803,799
11Shoals Technologies Group, Inc.2025Brandon Moss791,6664,400,0020699,2005,961,218
12Artisan Partners Asset Management Inc.2025Jason Gottlieb300,0001,548,40003,570,0005,482,136
13Ameresco, Inc.2025George Sakellaris1,500,000155,1001,385,99903,339,804
14Clearway Energy, Inc.2025Craig Cornelius02,899,181002,899,181
15Plug Power Inc.2025Jose Luis Crespo397,47101,196,250526,4002,618,833

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Ha Sustainable Infrastructure Capital190%LTIP Units 100Yes — Relative TSRPay Governance
Affiliated Managers Group, Inc.134%PSU 75 · RSU 25NoSemler Brossy Consulting Group, LLC
Ameresco, Inc.95%not disclosedNoFW Cook
Array Technologies, Inc.103%RSU 50 · PSU 50NoPay Governance
Artisan Partners Asset Management Inc.not disclosedRSU 100not disclosedMcLagan
Clearway Energy, Inc.123%PSU 67 · RSU 33Yes — Relative TSRPay Governance
Enphase Energy, Inc.68.2%PSU 67 · RSU 33Yes — Relative TSR vs. S&P 500Compensia
First Solar, Inc.113%RSU 75 · PSU 25NoWTW
Hercules Capital, Inc.not disclosednot disclosednot disclosedFW Cook
Main Street Capital Corporationnot disclosedRestricted Stock 100not disclosedJohnson Associates, Inc.
Plug Power Inc.112%Options 100not disclosedFrederic W. Cook & Co., Inc. and Alpine Rewards, LLC
Shoals Technologies Group, Inc.74%PSU 50 · RSU 50NoPay Governance
Sunrun Inc.133.2%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
Victory Capital Holdings, Inc.not disclosedRSU 100not disclosedAon McLagan
Walker & Dunlop, Inc.132%not disclosedNoPay Governance

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jeffrey LipsonDEF 14A2026-04-130001561894-26-000061Section “2025 Summary Compensation Table”. As printed: 9,566,821. Filing ↗machine: r2 · c18 · span 998911–998920
2Section 01, Steven ChusloDEF 14A2026-04-130001561894-26-000061Section “2025 Summary Compensation Table”. As printed: 2,604,390. Filing ↗machine: r9 · c18 · span 1019740–1019749
3Section 01, Charles MelkoDEF 14A2026-04-130001561894-26-000061Section “2025 Summary Compensation Table”. As printed: 1,975,791. Filing ↗machine: r5 · c18 · span 1007596–1007605
4Section 01, Nitya GopalakrishnanDEF 14A2026-04-130001561894-26-000061Section “2025 Summary Compensation Table”. As printed: 1,728,810. Filing ↗machine: r10 · c18 · span 1022996–1023005
5Section 03, Jeffrey Lipson RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r2 · c3 · span 946713–946719
6Section 03, Jeffrey Lipson PSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r2 · c3 · span 946713–946719
7Section 03, Steven Chuslo RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r5 · c3 · span 950827–950833
8Section 03, Susan D. Nickey RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c3 · span 953703–953709
9Section 03, Marc T. Pangburn RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r4 · c3 · span 949458–949464
10Section 03, Susan D. Nickey PSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c3 · span 953703–953709
11Section 03, Marc T. Pangburn PSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r4 · c3 · span 949458–949464
12Section 03, Charles Melko RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r3 · c3 · span 948091–948097
13Section 03, Steven Chuslo PSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r5 · c3 · span 950827–950833
14Section 03, Nitya Gopalakrishnan RSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r6 · c3 · span 952201–952207
15Section 03, Charles Melko PSUDEF 14A2026-04-130001561894-26-000061Section “Grants of Plan-Based Awards for 202” · grants of plan-based awards table. Filing ↗machine: t117 · r3 · c3 · span 948091–948097
16Section 07, pay ratioDEF 14A2026-04-130001561894-26-000061Section “CEO Pay Ratio”. As printed: 36 : 1. Filing ↗
17Section 08, Jeffrey W. EckelDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 634,466. Filing ↗machine: t79 · r5 · c5 · span 653506–653513
18Section 08, Teresa M. BrennerDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 289,460. Filing ↗machine: t79 · r4 · c5 · span 652175–652182
19Section 08, Richard J. OsborneDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 264,460. Filing ↗
20Section 08, Charles M. O NeilDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 254,460. Filing ↗
21Section 08, Steven G. OsgoodDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 249,974. Filing ↗machine: t79 · r9 · c3 · span 658480–658487
22Section 08, Kimberly A. ReedDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 239,460. Filing ↗machine: t79 · r10 · c5 · span 660168–660175
23Section 08, Lizabeth A. ArdisanaDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 239,460. Filing ↗machine: t79 · r2 · c5 · span 649503–649510
24Section 08, Nancy C. FloydDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 239,460. Filing ↗machine: t79 · r6 · c5 · span 654835–654842
25Section 08, Clarence D. ArmbristerDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 239,460. Filing ↗machine: t79 · r3 · c5 · span 650843–650850
26Section 08, Laura A. SchulteDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 207,377. Filing ↗machine: t79 · r11 · c5 · span 661498–661505
27Section 08, Barry E. WelchDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 207,377. Filing ↗machine: t79 · r12 · c5 · span 663028–663035
28Section 08, Jeffrey A. LipsonDEF 14A2026-04-130001561894-26-000061Section “Director Compensation”. As printed: 0. Filing ↗
29Section 02, Christy Ledet Freer-Greene 2026-04-30Form 42026-05-010001561894-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Marc T. Pangburn 2026-05-11Form 42026-05-120001561894-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Michelle Whicher 2026-05-15Form 42026-05-180001561894-26-000079Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Lizabeth A. Ardisana 2026-06-03Form 42026-06-050001561894-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Steven G. Osgood 2026-06-03Form 42026-06-050001561894-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Barry E. Welch 2026-06-03Form 42026-06-050001561894-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Clarence D. Armbrister 2026-06-03Form 42026-06-050001561894-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Laura A. Schulte 2026-06-03Form 42026-06-050001561894-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Jeffrey W. Eckel 2026-06-03Form 42026-06-050001561894-26-000126Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Teresa M. Brenner 2026-06-03Form 42026-06-050001561894-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Nancy C. Floyd 2026-06-03Form 42026-06-050001561894-26-000124Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Kimberly A. Reed 2026-06-03Form 42026-06-050001561894-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
41Section 06, 2026 voteForm 8-K2026-06-050001561894-26-000119Item 5.07 · say-on-pay result. As reported: 91.13% (votes for as printed: 93,149,195). Filing ↗
42Section 06, 2025 voteForm 8-K2025-06-040001561894-25-000070Item 5.07 · say-on-pay result. As reported: 92.32% (votes for as printed: 89,016,676). Filing ↗
43Section 06, 2024 voteForm 8-K2024-06-070001561894-24-000076Item 5.07 · say-on-pay result. As reported: 88.51% (votes for as printed: 80,658,463). Filing ↗
44Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
45Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
46Section 09b board cost (computed)ComputedcomputedCash 1,520,840 + equity 1,544,574 + all other 0 = 3,065,414, summed across the director compensation table rows.machine: formula: Σ = 3,065,414
47Affiliated Managers Group, Inc., Section 10b CEO totalDEF 14A2026-04-170001628280-26-025798CEO total compensation as printed in Affiliated Managers Group, Inc.'s own proxy. As printed: 16,311,950. Filing ↗machine: span 1521708–1521718
48Victory Capital Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127653CEO total compensation as printed in Victory Capital Holdings, Inc.'s own proxy. As printed: 16,198,444. Filing ↗machine: r2 · c27 · span 1467226–1467236
49Walker & Dunlop, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038515CEO total compensation as printed in Walker & Dunlop, Inc.'s own proxy. As printed: 15,500,252. Filing ↗machine: t197 · r6 · c14 · span 849398–849408
50Hercules Capital, Inc., Section 10b CEO totalDEF 14A2026-04-230001280784-26-000015CEO total compensation as printed in Hercules Capital, Inc.'s own proxy. As printed: 9,670,162. Filing ↗machine: r2 · c36 · span 384564–384573
51Enphase Energy, Inc., Section 10b CEO totalDEF 14A2026-04-010001463101-26-000026CEO total compensation as printed in Enphase Energy, Inc.'s own proxy. As printed: 9,601,958. Filing ↗machine: span 731757–731766
52Ha Sustainable Infrastructure Capital (subject), Section 10b CEO totalDEF 14A2026-04-130001561894-26-000061CEO total compensation as printed in Ha Sustainable Infrastructure Capital's own proxy. As printed: 9,566,821. Filing ↗machine: r2 · c18 · span 998911–998920
53Main Street Capital Corporation, Section 10b CEO totalDEF 14A2026-03-230001396440-26-000020CEO total compensation as printed in Main Street Capital Corporation's own proxy. As printed: 8,837,682. Filing ↗machine: t24 · r2 · c16 · span 403689–403698
54Sunrun Inc., Section 10b CEO totalDEF 14A2026-04-150001469367-26-000029CEO total compensation as printed in Sunrun Inc.'s own proxy. As printed: 8,331,132. Filing ↗machine: r3 · c24 · span 715556–715566
55First Solar, Inc., Section 10b CEO totalDEF 14A2026-04-020001274494-26-000096CEO total compensation as printed in First Solar, Inc.'s own proxy. As printed: 8,138,605. Filing ↗machine: r2 · c36 · span 626954–626963
56Array Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-070001140361-26-013682CEO total compensation as printed in Array Technologies, Inc.'s own proxy. As printed: 6,803,799. Filing ↗machine: t254 · r2 · c22 · span 1316076–1316085
57Shoals Technologies Group, Inc., Section 10b CEO totalDEF 14A2026-03-200001831651-26-000041CEO total compensation as printed in Shoals Technologies Group, Inc.'s own proxy. As printed: 5,961,218. Filing ↗machine: span 828604–828613
58Artisan Partners Asset Management Inc., Section 10b CEO totalDEF 14A2026-04-170001517302-26-000079CEO total compensation as printed in Artisan Partners Asset Management Inc.'s own proxy. As printed: 5,482,136. Filing ↗machine: t65 · r2 · c9 · span 617510–617519
59Ameresco, Inc., Section 10b CEO totalDEF 14A2026-04-230001628280-26-026695CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. Filing ↗machine: r2 · c39 · span 713614–713623
60Clearway Energy, Inc., Section 10b CEO totalDEF 14A2026-03-240001104659-26-033918CEO total compensation as printed in Clearway Energy, Inc.'s own proxy. As printed: 2,899,181. Filing ↗machine: r1 · c53 · span 1183724–1183733
61Plug Power Inc., Section 10b CEO totalDEF 14A2026-04-300001104659-26-052851CEO total compensation as printed in Plug Power Inc.'s own proxy. As printed: 2,618,833. Filing ↗machine: t29 · r2 · c47 · span 555333–555342
62Section 10a, Affiliated Managers Group, Inc. reciprocityDEF 14A0001628280-26-025798Affiliated Managers Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
63Section 10a, Victory Capital Holdings, Inc. reciprocityDEF 14A0001193125-26-127653Victory Capital Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
64Section 10a, Walker & Dunlop, Inc. reciprocityDEF 14A0001104659-26-038515Walker & Dunlop, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
65Section 10a, Ameresco, Inc. reciprocityDEF 14A0001628280-26-026695Ameresco, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
66Section 10a, Shoals Technologies Group, Inc. reciprocityDEF 14A0001831651-26-000041Shoals Technologies Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
67Section 10a, Clearway Energy, Inc. reciprocityDEF 14A0001104659-26-033918Clearway Energy, Inc. names Ha Sustainable Infrastructure Capital in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Array Technologies, Inc. reciprocityDEF 14A0001140361-26-013682Array Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
69Section 10a, Artisan Partners Asset Management Inc. reciprocityDEF 14A0001517302-26-000079Artisan Partners Asset Management Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
70Section 10a, Enphase Energy, Inc. reciprocityDEF 14A0001463101-26-000026Enphase Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
71Section 10a, Sunrun Inc. reciprocityDEF 14A0001469367-26-000029Sunrun Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
72Section 10a, Plug Power Inc. reciprocityDEF 14A0001104659-26-052851Plug Power Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗
73Section 10a, First Solar, Inc. reciprocityDEF 14A0001274494-26-000096First Solar, Inc.'s most recent proxy was read; its disclosed peer group does not include Ha Sustainable Infrastructure Capital. Filing ↗