On August 10, 2021, Electric Last Mile Solutions, Inc. appointed James Taylor to succeed Jason Luo as President of the Company and Robert Song to succeed Albert Li as Treasurer and Principal Accounting Officer of the Company, in each case effective as of August 10, 2021. Mr. Song was also appointed to serve as Deputy Chief Financial Officer and Controller of the Company, effective as of August 10, 2021. Mr. Luo will continue to serve as Executive Chairman and as a director of the Company and Mr. Li will continue to serve as Principal Financial Officer of the Company. Mr. Song, age 39, has served as the Vice President of Finance and Controller of Electric Last Mile, Inc., a wholly owned subsidiary of the Company ("ELM"), since April 26, 2021.