Romeo Power, Inc. Requests Investors to Vote on Proposals at Annual Meeting of Stockholders

Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, is requesting that shareholders vote on the proposals contained within its Proxy filing prior to the Annual Meeting of Stockholders.

The Annual Meeting of Stockholders was originally scheduled for June 14, 2022, but was adjourned until June 30, 2022 to allow stockholders additional time to vote. Romeo Power is encouraging participation from all investors, big and small, in the voting process. Each shareholder’s participation helps the Company avoid costly additional adjournments and solicitations. Participation also ensures that your voice is heard on critical matters.

“We remain steadfast in our commitment to driving continuous growth for Romeo Power and its shareholders. This includes initiatives such as the relocation to our new Cypress facility to add more efficient manufacturing capacity and laboratory space, as well as the increased opportunity for expansion into new markets where our vehicle electrification capabilities are highly valued. Each of these initiatives have the ability to both grow and create value for Romeo Power and its shareholders. As we continue progressing our Company alongside the electrification of the broader market, we require your support on Proposal 6 to support both our future initiatives and current operations,” stated Susan Brennan, chief executive officer.

The items of which stockholders are being asked to vote on can be found in Romeo’s Proxy filing, available online under the SEC Filings section of the Company’s website at https://investors.romeopower.com/financials/sec-filings/default.aspx as well as in the Securities and Exchange Commission’s (SEC) EDGAR website at www.SEC.gov under the ticker symbol RMO. A majority of the votes received have been cast in favor of all proposals. However, while the approval rate for Proposal 6 was approximately 84% at the original Annual Meeting of Shareholders, there was not a sufficient quantity of individual votes cast necessary to approve Proposal 6, despite the significantly high approval rate. Romeo Power would like to emphasize the importance of Proposal 6 for the Company to continue to access necessary capital to fund its ongoing operations and pursue the key objectives to grow our business and drive value for shareholders.