\nClimate Change Crisis Real Impact I Acquisition Corporation (NYSE: CLII) (\u201cCLII\u201d), a publicly-traded special purpose acquisition company, reminds its stockholders to vote in favor of the previously announced business combination (the \u201cBusiness Combination\u201d) with EVgo Services LLC (\u201cEVgo\u201d), the nation\u2019s largest public fast charging network for electric vehicles (\u201cEVs\u201d) and first powered by 100% renewable electricity.\n<\/p>\n
\nStockholders who owned common stock of CLII as of the close of business on May 19, 2021 (the \u201cRecord Date\u201d), may vote their shares. Stockholders as of the Record Date continue to have the right to vote their shares, regardless of whether such stockholders subsequently sold their shares and do not own such shares as of the date they cast their vote.\n<\/p>\n
\nThe special meeting to approve the pending Business Combination (the \u201cSpecial Meeting\u201d) is scheduled to be held on June 29, 2021 at 10:00 a.m. Eastern Time. The Special Meeting will be conducted completely virtually, and can be accessed via live webcast at https:\/\/www.cstproxy.com\/climatechangecrisisrealimpacti\/2021<\/i><\/a>.\n<\/p>\n \nAdditional information on how stockholders of record may vote their shares can be found at https:\/\/www.climaterealimpactsolutions.com\/cris1-vote<\/i><\/a>. <\/i><\/p>\n Every stockholder\u2019s vote is important<\/span>, regardless of the number of shares held.<\/b>Accordingly, all CLII stockholders who held shares as of the Record Date who have not yet voted are encouraged to do so as soon as possible and by no later than 10:00 a.m. Eastern Time on June 29, 2021. For the avoidance of doubt, CLII stockholders who owned shares as of the Record Date and subsequently sold all or a portion of their shares are STILL entitled to vote, and are encouraged to do so. CLII\u2019s board of directors recommends you vote \u201cFOR\u201d the Business Combination with EVgo and \u201cFOR\u201d all of the related proposals described in the definitive proxy statement on Schedule 14A (the \u201cProxy Statement\u201d) filed by CLII with the Securities and Exchange Commission (\u201cSEC\u201d) on May 27, 2021. <\/b><\/p>\n These are the two easiest and fastest ways to vote \u2013 and they are both free:<\/b><\/p>\n \nAdditionally, you can also vote by mail:\n<\/p>\n YOUR CONTROL NUMBER IS FOUND ON YOUR VOTING INSTRUCTION FORM<\/span><\/b>. If you did not receive or misplaced your Voting Instruction Form, contact your bank, broker or other nominee to obtain your control number in order to vote. A bank, broker or other nominee is a person or firm that acts as an intermediary between an investor and the stock exchange who can help you vote your shares.\n<\/p>\n \nIf any individual CLII stockholder has not received the Proxy Statement, such stockholder should (i) confirm his or her Proxy Statement\u2019s status with his or her broker or (ii) contact Morrow Sodali LLC, CLII\u2019s proxy solicitor, for assistance via e-mail at CLII.info@investor.morrowsodali.com<\/a> or toll-free call at (800) 662-5200. Banks and brokers can place a collect call to Morrow Sodali at (203) 658-9400.\n<\/p>\n Important Information and Where to Find It<\/b><\/p>\n \nIn connection with the proposed Business Combination between EVgo and CLII and related transactions (the \u201cProposed Transactions\u201d), CLII has filed the Proxy Statement with the SEC, which was distributed to holders of CLII\u2019s common stock in connection with CLII\u2019s solicitation of proxies for the vote by CLII\u2019s stockholders with respect to the Proposed Transactions and other matters as described in the Proxy Statement. Investors and security holders and other interested parties are urged to read the Proxy Statement, and any amendments thereto and any other documents filed with the SEC carefully and in their entirety because they contain important information about CLII, EVgo and the Proposed Transactions. Investors and security holders may obtain free copies of the Proxy Statement and other documents filed with the SEC by CLII through the website maintained by the SEC at http:\/\/www.sec.gov<\/a>, or by directing a request to: Climate Change Crisis Real Impact I Acquisition Corporation, 300 Carnegie Center, Suite 150, Princeton, New Jersey 08540. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.\n<\/p>\n Participants in the Solicitation<\/b><\/p>\n \nCLII and EVgo and their respective directors and certain of their respective executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the Proposed Transactions. Information about the directors and executive officers of CLII and EVgo is set forth in the Proxy Statement. Stockholders, potential investors and other interested persons should read the Proxy Statement carefully before making any voting or investment decisions. These documents can be obtained free of charge from the sources indicated above.\n<\/p>\n Forward Looking Statements<\/b><\/p>\n \nCertain statements in this press release that are not historical facts may constitute forward-looking statements are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201cseem,\u201d \u201cseek,\u201d \u201cfuture,\u201d \u201coutlook,\u201d and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding CLII\u2019s proposed business combination with EVgo, CLII\u2019s ability to consummate the transaction, the benefits of the transaction and the combined company\u2019s future financial performance, as well as the combined company\u2019s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the respective management of CLII and EVgo and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of CLII or EVgo. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in domestic and foreign business, market, financial, political and legal conditions; the inability of the parties to successfully or timely consummate the business combination, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the business combination or that the approval of the stockholders of CLII or EVgo is not obtained; failure to realize the anticipated benefits of business combination; risk relating to the uncertainty of the projected financial information with respect to EVgo; the amount of redemption requests made by CLII\u2019s stockholders; the overall level of consumer demand for EVgo\u2019s products; general economic conditions and other factors affecting consumer confidence, preferences, and behavior; disruption and volatility in the global currency, capital, and credit markets; the financial strength of EVgo\u2019s customers; EVgo\u2019s ability to implement its business strategy; changes in governmental regulation, EVgo\u2019s exposure to litigation claims and other loss contingencies; disruptions and other impacts to EVgo\u2019s business, as a result of the COVID-19 pandemic and government actions and restrictive measures implemented in response; stability of EVgo\u2019s suppliers, as well as consumer demand for its products, in light of disease epidemics and health-related concerns such as the COVID-19 pandemic; the impact that global climate change trends may have on EVgo and its suppliers and customers; EVgo\u2019s ability to protect patents, trademarks and other intellectual property rights; any breaches of, or interruptions in, CLII\u2019s information systems; fluctuations in the price, availability and quality of electricity and other raw materials and contracted products as well as foreign currency fluctuations; changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks. More information on potential factors that could affect CLII\u2019s or EVgo\u2019s financial results is included from time to time in CLII\u2019s public reports filed with the SEC, as well as the Proxy Statement that CLII has filed with the SEC in connection with CLII\u2019s solicitation of proxies for the meeting of stockholders to be held to approve, among other things, the proposed business combination. If any of these risks materialize or CLII\u2019s or EVgo\u2019s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither CLII nor EVgo presently know, or that CLII and EVgo currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect CLII\u2019s and EVgo\u2019s expectations, plans or forecasts of future events and views as of the date of this press release. CLII and EVgo anticipate that subsequent events and developments will cause their assessments to change. However, while CLII and EVgo may elect to update these forward-looking statements at some point in the future, CLII and EVgo specifically disclaim any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing CLII\u2019s or EVgo\u2019s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.\n<\/p>\n No Offer or Solicitation<\/b><\/p>\n \nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.\n<\/p>\n About CLII<\/b><\/p>\n \nCLII is a special-purpose acquisition company (\u201cSPAC\u201d) formed to identify and acquire a scalable company making significant contributions to the fight against the climate crisis. CLII is co-sponsored by private funds affiliated with Pacific Investment Management Company LLC (\u201cPIMCO\u201d), which has more than $640 billion in sustainability investments across its portfolios. CLII is led by a seasoned operations and leadership team that has decades of experience at the intersection of climate change and capitalism, and includes veterans from NRG, Credit Suisse, General Electric and Green Mountain Power. For more information, please visit www.climaterealimpactsolutions.com\/<\/a>.\n<\/p>\n About EVgo<\/b><\/p>\n \nEVgo is the nation\u2019s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo\u2019s charging network serves over 65 metropolitan areas across 34 states, owns and operates the most public fast charging locations in the US. and serves more than 250,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet. EVgo\u2019s parent company is LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. On January 22, 2021, EVgo announced that it entered into a definitive business combination agreement with CLII (NYSE: CLII). For more information visit evgo.com and lspower.com.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210622005294\/en\/<\/a><\/span><\/p>\n CLII \nFor Media: EVgo \nFor Media:\n
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For Investors:
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Dan Gross
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dan.gross@climaterealimpactsolutions.com<\/a><\/p>\n
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Isaac Steinmetz
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Director of Media Relations
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cris@antennagroup.com
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646-883-3655\n<\/p>\n
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For Investors:
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EVgoIR@icrinc.com<\/a><\/p>\n
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EVgoPR@icrinc.com<\/a><\/p>\n