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AGENDA ITEM NO. 2 APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
On August 20, 2020, the Audit Committee approved the appointment of RSM US LLP (RSM) as Fuel Tech’s
independent registered accounting firm for the year ending December 31, 2020. We are asking you to ratify that
appointment. RSM has served in this capacity since its July 2010 appointment and has become knowledgeable
about Fuel Tech’s operations and accounting practices and is well qualified to act in the capacity of independent registered
accountants. In making the appointment, the Audit Committee reviewed RSM’s performance along with its reputation for
integrity, overall competence in accounting and auditing and independence. Representatives of RSM will be present at
the Annual Meeting and will have the opportunity to make a statement, if they wish to do so, and be available to respond
to questions.
Audit Fees
Fees for professional services provided by RSM in each of the last two fiscal years by category were:
2020($) 2019($)
Audit Fees 329,000
Audit-Related Fees —
Tax Fees — —
All Other Fees — —
329,000
Pre-Approval Policies and Procedures
Fuel Tech’s policy and procedure is that each engagement for an audit or non-audit service is approved in
advance by the Audit Committee.
The affirmative vote of a majority of the shares voting is required for the approval of this proposal.
The Board recommends a vote FOR this proposal.
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