On January 31, 2022, Evolv Technologies Holdings, Inc. and Peter Faubert reached an agreement regarding Mr. Faubert's termination from his position as the company's senior vice president of strategic finance, effective on January 31, 2022. As previously announced, Mr. Faubert, the former Chief Financial Officer of the Company, assumed the role of Senior Vice President of Strategic Finance on November 1, 2021.