On August 3, 2022, President Joseph R. Biden, Jr., announced his intent to nominate David W. Crane, Chief Executive Officer of Climate Real Impact Solutions II Acquisition Corporation, to serve as Undersecretary for Infrastructure in the United States Department of Energy. This nomination requires confirmation by the United States Senate. Mr. Crane has notified the company of his intent to resign as its Chief Executive Officer, effective on September 5, 2022.

In light of Mr. Crane's resignation, the Board has appointed John A. Cavalier, the company's Chief Financial Officer, to also hold the position of Chief Executive Officer effective September 5, 2022.