Eos Energy Announces Approval of All Proposals at 2024 Annual Stockholder Meeting - Seite 2

Eos stockholders voted to approve an increase in the authorized shares of common stock of the Company from 300,000,000 to 600,000,000 with 67.04% of all outstanding shares of capital stock entitled to vote in favor. Of those stockholders who voted, 89.30% were in favor of this proposal. The increase in authorized shares allows the Company to have the necessary resources in place to meet corporate needs and maintain financial flexibility to support its strategic outlook plan and long-term objectives.

Eos stockholders voted to approve an amendment to the Company’s long-term incentive plan with 56.53% of the participating shares voting in favor. The increase in shares available for the Company’s incentive plan will support the Company’s on-going efforts to attract and retain the employee talent necessary for the Company to execute on its strategic objectives.

“Our employees are the driving force behind our continued advancement and the ability to recruit and retain top talent is paramount to Eos' continued growth and competitiveness in the market,” said Russ Stidolph, Chairman of Eos. “Every full-time employee is an Eos stockholder and by having the ability to offer shares in the Company, we are not only recognizing their individual contributions, but also aligning their interests with those of our broader stockholder community.”

The official voting results for each item voted on by stockholders will be disclosed in a report to be filed with the Securities and Exchange Commission.

Eos extends its sincere gratitude to its valued stockholders for their active participation and decisive voting at the Annual Stockholders’ Meeting held on May 1, 2024.

About Eos Energy Enterprises
Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable—and manufactured in the U.S—it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.