Management Change/Compensation (Form 8-K)

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Director Resignation

On March 17, 2026, Gary Cookhorn resigned as a director of the board of directors (the "Board") of Fifth Era Acquisition Corp I (the "Company"), effective immediately. Mr. Cookhorn's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. The Company thanks Mr. Cookhorn for his service on the Board and valuable contributions to the Company.

Director Appointment

On March 20, 2026, the Board unanimously appointed Donald Putnam to serve as a director on the Board, effective immediately.

Mr. Putnam is the Executive Chairman of Energy Substantiation Partners LLC, which he founded in 2024, and Founder and Managing Partner of Grail Partners LLC, a role he has held since 2005. Mr. Putnam is a veteran financial executive, mathematician, and entrepreneur whose career has spanned investment banking, quantitative finance, machine learning, and blockchain innovation. Prior to founding Grail, he founded Putnam Lovell Securities in 1987 and served as Chief Executive Officer, Chairman of the Board, and Managing Director in the firm's investment banking group. After the firm's sale to National Bank Financial in 2002, he served as CEO and Vice Chairman of Putnam Lovell NBF until 2005. Mr. Putnam has maintained a long-standing interest in artificial intelligence and blockchain. With more than thirty years of experience in neural network mathematics and applications, he has worked with or studied most major forms of machine learning, including support vector machines, gradient boosting, and random forests. He is also a frequent writer and speaker on the business and policy implications of artificial intelligence. In addition to his roles at Energy Substantiation and Grail, Mr. Putnam serves on the Investment Committee of Ripon College, on the boards of Manifold Partners and Welton Investment Partners, and on the Advisory Board of Ridgedale Advisors.

There are no arrangements or understandings between Mr. Putnam and any other persons pursuant to which he was elected as director of the Board. There are no family relationships between Mr. Putnam and any other director or executive officer of the Company and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.