EVgo Inc. announced on April 1, 2024, the Board of Directors of the company, upon the recommendation of the Nominating and Governance Committee of the Board, appointed Scott Griffith as a director on the Board, effective immediately. The Board also approved the immediate appointment of Mr. Griffith as a member of the Audit Committee, the Nominating and Governance Committee and the Compensation Committee of the Board. Mr. Griffith served as the CEO of the Autonomous Vehicles (AV) and Mobility Businesses at Ford Motor Company from November 2019 to September 2022.

In that role, he led Ford?s investments and operations in Level 4 autonomous vehicles as well as oversight of several new hardware and software businesses in Ford?s new mobility segment. From April 2014 until October 2021, Mr. Griffith was an Executive in Residence at General Catalyst Partners. In connection with that role, he served as Chairman at Envoy Global, Inc and TrueMotion, Inc. Previously, Mr. Griffith served as Chairman and Chief Executive officer of Zipcar, Inc., and held roles with The Parthenon Group, The Boeing Company, and Hughes Electronics.

Mr. Griffith holds a BS in engineering from Carnegie Mellon University and an MBA from The University of Chicago Booth School of Business. He serves on the Advisory Council for the Polsky Center for Entrepreneurship and Innovation at The University of Chicago. The Company believes Mr. Griffith?s extensive senior leadership experience in both executive and strategic advisory roles across the automotive and mobility sectors makes him well suited to serve on the Board.

As previously disclosed in the Current Report on Form 8-K filed by the Company with the U.S. Securities and Exchange Commission on August 2, 2023, the Company received a written notice (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market LLC indicating that, as a result of the August 1, 2024 departure of Mr. Badar Khan from the Audit Committee of the Board, the Company was no longer in compliance with Nasdaq?s audit committee composition requirement set forth in Nasdaq Listing Rule 5605. The Letter indicated that, consistent with Nasdaq Listing Rule 5605(c)(4), Nasdaq was providing the Company with a cure period in order to regain compliance until the earlier of the Company?s next annual shareholders? meeting and August 1, 2024.

As a result of the appointment of Mr. Griffith to the Audit Committee, effective April 1, 2024, the Company believes that it has regained compliance with Nasdaq Listing Rule 5605.