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Velocity Global hires tech operations leader Eric Schroeder as Chief Operating Officer

Velocity Global

Velocity Global, the leading provider of global employment solutions, added technology operations veteran Eric Schroeder as chief operating officer. Schroeder applies two decades of operations leadership to support clients, their distributed workforces, and scale Velocity Global’s worldwide team. “Eric led global safety operations for Uber, one of the world’s top tech companies that combines complex infrastructure with a simple human experience,” said Ben Wright, Velocity Global founder and CEO. “His global operations expertise aligns directly with our global work platform for an always-on connection between employers and the talent who rely on us for everything from timely, accurate payroll to customized compliant solutions in global markets.” Schroeder most recently was vice president of operations for autonomous driving company, Ghost. Prior to that, he was head of global safety operations for Uber and also held roles as General Manager for Utah and Northern California. Before Uber, he spent three years with McKinsey and Company in the U.S. and South Africa. Schroeder is also a proud Army veteran where he served in Special Forces and completed two combat deployments to Afghanistan. “My experience at Uber inspired a passion for the future of work — the balance of opportunity and owning how, when, and where you work,” said Schroeder. “I’ve long been impressed with Ben and the team at Velocity Global where I now direct that passion in a way the world has not yet experienced. The team built and maintains the backbone of global employment, enhanced by a first-class technology experience. The multifaceted platform connects employers with talent anywhere in the world.” The company’s global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched global scale. Users access a streamlined technology interface as well as partner with a dedicated experience team for individualized solutions and expertise. As the largest global Employer of Record (EoR) in 185 countries and all 50 United States, Velocity Global manages a client’s workforce and provides in-country and in-state compliance, payroll, and benefits for the supported employees. The company also offers Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Schroeder leads the customer experience and delivery team, global payroll and benefits, and worldwide operations with employees across five continents. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across five continents. For more information visit velocityglobal.com. Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

August 04, 2021 07:02 AM Mountain Daylight Time

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Exchange Listing Facilitates and Advises NASDAQ Uplisting for Worksport Ltd., Eco-Conscious Maker of Solar-Powered Systems and Tonneau Covers for Light-Duty Trucks

Exchange Listing

Exchange Listing LLC announced that its client, Worksport Ltd. (Nasdaq-CM: WKSP; WKSPW) (“ Worksport ” or the “Company”), successfully priced its Nasdaq Capital Markets uplisting on August 3, 2021. The Ontario-based company is an environmentally astute manufacturer of trucking and transportation equipment. The Company’s common stock began trading on the Nasdaq Capital Market under the symbol “WKSP” on August 4, 2021. Concurrent with the Nasdaq listing, Worksport priced an underwritten public offering of 3,272,727 units at a price to the public of $5.50 per unit. with gross proceeds of approximately $18.0 million. Each unit consists of an immediately separable share of common stock and one common stock purchase warrant with an exercise price of $6.05 per share. The warrant also began trading on the Nasdaq Capital Market under the symbol “WKSPW” on August 4, 2021. Exchange Listing served as an advisor to Worksport on all aspects of preparation and execution of the public offering. Maxim Group acted as the sole book-running manager for the public offering. With an acute understanding of the need for environmentally friendly trucking and transportation products, Worksport innovates products that are both functional and highly effective in serving the evolving needs of commercial clients around the globe. “ Exchange Listing recognized our market leadership potential from the early stages. Their incredible counsel, support, professional connections and expertise brought us to completing our IPO and completing a Nasdaq listing,” says Steven Rossi, Worksport’s CEO. TerraVis™, a solar-based tonneau cover, is the Company’s latest innovation that uses the sun to produce onboard power for pickup trucks. Worksport tonneau covers currently serve customers in both the United States and Canada. “We commenced our partnership with Worksport in 2019 and immediately recognized their innovative market leadership,” commented Peter Goldstein, the CEO of Exchange Listing. “We were confident in the strength of the Company’s management team, and saw its ability in filling a critical void in the trucking and transportation industries for eco-friendly products. Working hand in hand with Worksport’s management and our partners at Maxim Group, we launched our efforts while the Company was an OTCQB company with a goal of uplisting on Nasdaq Capital Markets.” Exchange Listing provides companies with cost-effective and efficient direct access to one-stop solutions in the strategic planning and implementation of listing on senior exchanges such as the Nasdaq or NYSE. Focusing on company-specific structuring to meet listing requirements, Exchange Listing serves as the primary point of contact with the exchange, investment bankers and lawyers throughout the listing process. With extensive experience in investment banking, securities law, corporate governance and business management, Exchange Listing and its strategic partners facilitate clients' listing and capital markets objectives. About Exchange Listing Exchange Listing provides growth companies with direct access to a one-stop solution in the strategic planning and implementation of listing on a senior exchange such as NASDAQ or NYSE in a cost effective and efficient process. We assist clients in going public whether through an initial public offering, listing from another marketplace, merger or direct offering. We serve as the primary point of contact with the exchange, investment bankers, lawyers and other service providers. Our founders, strategic partners and advisors are entrepreneurs with backgrounds in investment banking, securities law, corporate governance and business management and have served as officers and directors of public and private companies. We pride ourselves in taking a hands-on role with our clients throughout the listing process. For more information, please visit: www.exchangelistingllc.com or contact info@exchangelistingllc.com. Contact Details WantLeverage Communications Julie Livingston +1 347-239-0249 julie@wantleverage.com Company Website https://exchangelistingllc.com/

August 04, 2021 08:07 AM Eastern Daylight Time

Agora Data’s CTO Chad Stilwell Presents at CIADA

Agora

Agora Data CTO Chad Stilwell will be presenting “ Leading-Edge Changes in Auto Financing ” at the Carolinas Independent Auto Dealers Association (CIADA) conference. Stilwell will highlight recent changes in auto financing and demonstrate how data analytics and advance technology can be used to improve portfolio performance. The CIADA conference is scheduled for August 5-8, 2021, at the Hilton Myrtle Beach Resort in Myrtle Beach, South Carolina. “Applying data and predictability to loan performance is ground-breaking for the subprime auto industry,” said Chad Stilwell, Chief Technology Officer of Agora Data. “In addition to the sophisticated analytics Agora uses to build our financing programs, we also make available to our members at no charge the ability to power up their portfolios using our technology platform. This allows our members to help evaluate real-time loan performance, identify opportunities to reduce risk, and make better decisions to build their businesses.” Agora Data is revolutionizing subprime auto financing by utilizing billions of dollars of historical loan data to predict loan performance with over 10,000 probabilities applied to each loan daily. With these robust data analytics, driven by artificial intelligence and machine learning, Buy Here Pay Here dealers and small to mid-sized finance companies have access to a wider range of capital options to help fuel growth. Applying data-driven solutions and certainty to an underserved and underbanked industry is enabling BHPH auto dealers to gain access to Wall Street capital and help level the playing field with the large dealer groups. Attendees won’t want to miss “ Leading-Edge Changes in Auto Financing.” It is the CIADA presentation that is changing the future for BHPH dealers and small to mid-sized financing companies. Visit Agora Data at booth #15 for a more personal discussion about increasing access to capital. About Agora Data, Inc: Agora Data is a platform built to deliver a suite of tools to empower buy-here-pay-here dealers and finance companies to maximize their success. Agora is disrupting and influencing the industry by connecting its dealer and finance company members to Wall Street and other capital resources that were previously only available to large dealer groups. Agora Data’s family of auto finance products provides a wide range of critical funding paths so originators can obtain the cash they need to fuel growth. Powered by Agora’s proprietary, radical, AI-infused technology platform, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolio. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com and become a member or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

August 03, 2021 09:03 AM Eastern Daylight Time

Cyvatar Launches First-Ever Cybersecurity Side Hustle

Cyvatar

Cyvatar today announced the release of the CydeHustle, a customer referral program that helps everyday people earn extra money on the side by referring organizations in their network to Cyvatar. The CydeHustle is easy work you can do in your spare time. In just a few minutes, you can not only bring in more money for yourself, but you can also enable people from all walks of life to help tip the cyber scales in favor of the good guys by stopping threat actors from breaching the brands and businesses we love. Organizations face more than 100,000 malicious websites and 10,000 malicious files every single day. Last year, malware increased by 358% and ransomware by 435% -- in fact, ransomware alone is now a multibillion-dollar industry staffed with expert researchers, strategists, technologists, and front-line hackers. Cyvatar’s ground-breaking cybersecurity as a service (CSaaS) levels the playing field so that any organization regardless of size or budget can combat threat actors. Joining the CydeHustle means you can enjoy the rewarding experience of keeping the businesses in your network safe... and get paid for it. "The Cyvatar CydeHustle program is a no-brainer, and the corresponding partner portal makes it easy to earn money on the side,” said CydeHustler Chris W. “Just as much as Cyvatar simplifies cybersecurity management for customers, it’s absolute simplicity to earn easy commissions with Cyvatar, even while juggling a full-time position and family responsibilities. Now anyone can be a deal-making machine!" Every CydeHustle referral that becomes a sale earns money for the person who introduces them: 20% of the sale price when the contract is signed, 10% of any upgrades purchased in the first year, and an additional 5% each year the referral renews. It’s easy money. Everybody needs better security, and Cyvatar’s CSaaS enables organizations to get better security outcomes fast. “The CydeHustle is so easy and so lucrative that we’ve already paid hundreds of thousands of dollars to CydeHustlers,” said Edward Preston, vice president of sales at Cyvatar. "Partners get paid for referring companies in their networks, those businesses get a game-changing cybersecurity program, and our world becomes safer from the onslaught of cyber threats.” Importantly, Cyvatar CSaaS is both accessible and affordable: For as little as $20 a month, customers receive out-of-the-box cybersecurity that includes products and services, a platform to manage them, and an expert team to support them -- all for one fixed monthly price. What’s more, Cyvatar sells itself -- it’s one of the 50 Most Trustworthy Companies recognized by the Silicon Review and has won 20 awards for cybersecurity innovation and excellence. CydeHustlers can keep their day jobs or Hustle between classes, after work, or from the far reaches of the world, because the Hustle is real -- and risk-free. Cyvatar keeps individual participation completely private unless participants explicitly choose to share their activity publicly. So what are you waiting for? Make a difference. Make an introduction. Make the world a safer place by keeping threat actors away from the businesses you know and love. All you have to do is sign up. Share the Cyvatar story. And get paid. Sign up and start earning today! About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

August 03, 2021 08:00 AM Eastern Daylight Time

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Foresight Signs MOU for Cooperation With Global Chinese Vehicle Manufacturer Chery

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the signing of a memorandum of understanding (MOU) for a multiphase business cooperation with Wuhu Chery Technology Co., LTD (Chery), a global Chinese vehicle manufacturer and Xuanyuan Idrive Technology Co. Ltd. (XY), a subsidiary of Wuhan Guide Infrared Co. (Guide Infrared) (Shenzhen stock code: 002414, market cap of approximately $10 billion), a leading Chinese developer and manufacturer of infrared thermal imaging systems. During the first phase, Chery will test the QuadSight ® vision prototype system for the purpose of evaluating Foresight’s technology and its potential further integration into advanced solutions for vehicles manufactured by Chery. Upon successful evaluation, the parties will negotiate a commercial agreement for the co-development of advanced solutions based on Foresight’s technology integrated with XY’s automotive sensors. The advanced solutions are designed for potential integration into semi- and fully autonomous vehicles manufactured by Chery. As a part of the cooperation, the parties will consider establishing a joint venture in China, by themselves or with third parties. Furthermore, the parties are considering promoting and selling the advanced solutions in Greater China through the joint venture. Additionally, to help accelerate innovation in the autonomous vehicles market and enable Foresight’s product expansion, Chery will consider a strategic investment in Foresight, in an amount and upon terms and conditions to be negotiated in the future. “By signing this cooperation MOU with a leading automotive OEM, we continue our strategy to expand our presence in the Chinese automotive market. Our advanced 3D vision technologies combined with Guide Infrared’s thermal imaging capabilities potentially offer an accurate and reliable vision solution that can be integrated into Chery’s semi- and fully autonomous vehicles to enhance their current safety systems,” said Haim Siboni, CEO of Foresight. “I believe that this vote of confidence from another vehicle manufacturer, along with a potential strategic investment, may open the door for additional opportunities worldwide and specifically in the Asian automotive market.” About Wuhu Chery Technology Chery is a Chinese automotive brand with global influence. It has a powerful R&D strength of engine, gearbox, chassis and other core technologies among Chinese automobile brands, and has established a global automobile R&D team of more than 5,500 people. Meanwhile, Chery is also among the first Chinese automobile company to export vehicles, complete knock-down parts, engines and vehicle manufacturing technology and equipment to the world. Up until now, Chery has exported its vehicles to more than 80 countries and regions, with nearly 9.4 million users worldwide, ranking first in the number of passenger cars exported from China for 18 consecutive years. About Wuhan Guide Infrared Wuhan Guide Infrared Co., Ltd. (Shenzhen stock code: 002414), founded in 1999, is engaged in manufacturing infrared detectors and cameras, comprehensive electro-optical systems and large-scale defense systems. Guide Infrared provides infrared solutions, ranging from infrared devices up to complete systems. The Company has established a state-of-the-art mass production facility located at China Optics Valley in Wuhan with more than 2,600 employees. Guide Infrared develops and manufactures infrared solutions for national defense security, protection systems, diagnostic tools, smart home, internet of things, intelligent terminals, machine vision systems, automotive industry, unmanned planes and other applications. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that Chery will test the QuadSight® vision prototype system, that, subject to certain conditions, Chery and Foresight will negotiate a commercial agreement for the co-development of advanced solutions, that the parties will consider establishing a joint venture in China, that Chery may consider a strategic investment in Foresight, and that MOU and a potential strategic investment by Chery in Foresight may bring additional opportunities worldwide and specifically in the Asian automotive market for Foresight. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 02, 2021 08:20 AM Eastern Daylight Time

Ev Dynamics Joins Forces with Quantron through a Share Swap to Form a New Electric Vehicle Powerhouse

Ev Dynamics (Holdings) Limited

HONG KONG SAR - Media OutReach - 29 July 2021 - Ev Dynamics (Holdings) Limited (the "Company", formerly known as China Dynamics (Holdings) Limited; Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the "Group"), which provides new energy vehicles and technology integrated solutions, has signed a share swap agreement with Quantron AG (“Quantron”), a Germany-based company engaging in inner city e-mobility and regional passenger and freight transport, in a bid to expand its global new energy vehicle production, engineering, marketing and sales, and after-sale service setup. Pursuant to the agreement, Ev Dynamics has conditionally agreed to subscribe for 6,459 subscription shares of Quantron, representing approximately 10.18% of the enlarged share capital of the German company, at a consideration of EUR5,000,000 (equivalent to approximately HK$45,848,191). The consideration shall be satisfied by the Company via allotment and issuance of 254,712,175 consideration shares at HK$0.18 per share to Quantron. The issue price of HK$0.18 represents a premium of approximately 44.00% to the closing price of HK$0.125 per share as quoted on The Stock Exchange of Hong Kong Limited on 28 July 2021, being the last trading day prior to the date of the agreement. Upon completion of the deal, the Company will hold a total of 9,157 shares of Quantron, representing approximately 14.43% of the enlarged share capital of the German company. Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said: “The share swap will enable both companies to speed up profitable growth and reap synergies from sharing technical knowhow and respective market coverage. With the favourable policies and market trend of electrification of passenger and freight transports, Quantron has continued to receive substantial purchase orders and service quotations from customers and source e-platform and e-vehicle components from the Group to meet customer demand. The transaction will allow us to leverage the business network and experience of Quantron in Europe, giving us a good opportunity to expand into the light and medium e-delivery trucks market in Europe. Ev Dynamics will become one of the production plants for Quantron.” Mr. Andreas Haller, member of the board and founder of Quantron, said: “Quantron and Ev Dynamics will jointly develop zero-emission electric vehicles, hydrogen bus and logistic vehicles. The products and services will be designed and engineered by Quantron, which is well developed in Germany and Europe, where Ev Dynamics will manufacture the vehicles. The two companies will evaluate strategic partnerships with fuel cell technology companies. We believe the share swap is another milestone in the strategic growth of the two companies.” Mr. Michael Perschke, international advisor of Ev Dynamics, added: “Quantron is a dominant player in the European electric vehicle market and Ev Dynamics is a prominent player in China’s new energy commercial vehicle sector. By joining forces, both companies will gain access not only to new markets but also additional engineering capabilities.” About Ev Dynamics (Holdings) Limited (Stock Code: 476) Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power system and its key components. The Group has production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America. About Quantron AGQuantron AG is a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles such as trucks, buses and vans. In addition to new electric vehicles, the wide range of services offered by the innovation forge includes the electrification of used and existing vehicles, the creation of individual overall concepts including the appropriate charging infrastructure as well as rental, financing and leasing offers and driver training. Quantron AG also sells batteries and integrated customised electrification concepts to manufacturers of commercial vehicles, machinery and intralogistics vehicles. The German company from Augsburg in Bavaria is a pioneer and innovation driver for e-mobility in passenger, transport and freight traffic. Contact Details Strategic Financial Relations Limited Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk Strategic Financial Relations Limited Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk Strategic Financial Relations Limited Eddie Li +852 2114 4170 eddie.li@sprg.com.hk Quantron AG Volker Seitz +49 821 78984086 press@quantron.net

July 29, 2021 08:38 AM Eastern Daylight Time

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Purify Fuel Captures Silver Medal at CleanEquity Monaco Event For its Emission Reduction Solution for Diesel

Purify Fuel

Purify Fuel received the silver medal for its nanO2 ESG combustion catalyst technology at CleanEquity® Monaco 2021 which took place last week. CleanEquity® is an annual invitation-only event hosted by Innovator Capital, the London based specialist investment bank. The event attracts investors from around the world to hear pitches from emerging technologies designed to reduce environmental impacts. “Purify Fuel was delighted and honored to receive second place recognition at CleanEquity® Monaco 2021 amongst such an impressive field of presenters” stated Purify Fuel’s CEO John Carroll. “With the world’s focus on developing immediate fossil fuel alternatives, we cannot lose sight of the reality that the majority of industries are still dependent on heavy duty diesel fuel applications and searching for ways to reduce emissions. We were pleased that the immediate benefits of our nanO2 ESG combustion catalyst to help this primary fuel source burn cleaner were recognized by this august body”. Other partners and sponsors of the conference include Prince Albert II of Monaco’s Foundation, Cision, Covington & Burling, Cranfield University, the Monaco Economic Board and Taronis Fuels. Purify Fuel has been identified as one of the world’s most innovative sustainable technology companies and presented to selected sovereign, corporate, family and professional investors, policy makers, end users and international trade media. Its nanO2 ESG combustion catalyst technology provides a transitional solution that will help fight climate change until alternatives are invented. The product has been extensively tested since the middle of last year and has been aggressively launched across multiple industries (rail, marine, oil and gas, and mining). Since 2018 it has treated 50MM gallons of diesel removing the equivalent emissions produced by 139,000 automobiles. Purify Fuel uses patented nanotechnology-based rare earth oxides to help large diesel operators save money and reduce emissions. Purify Fuel’s nanO2 ESG Combustion Catalysts® are custom blended to optimize diesel fuel and biodiesel blends for marine, fracking, military, mining, power generation, and rail markets. The combustion catalysts increase energy harvested from each gram of fuel while reducing particulate matter emissions and soot created by incomplete combustion. Purify Fuel works directly with large consumers of diesel and biodiesel fuel to help them save money, increase power, and reduce emissions. For more information on Purify Fuel, please visit purifyfuel.com Contact Details Purify Fuel Carleen Lyden Walker +1 203-260-0480 c.walker@purifyfuel.com

July 27, 2021 04:53 PM Eastern Daylight Time

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Michael Lohscheller Appointed New CEO of VinFast Global

Vingroup

HANOI, VIETNAM - Media OutReach - 26 July 2021 - Vingroup, the largest conglomerate in Vietnam, announced today that it has appointed Michael Lohscheller as the CEO of its automotive division VinFast Global. Lohscheller will be responsible for scaling up VinFast’s operations and presence around the globe. When he starts his new job in Vietnam, Michael Lohscheller will lead VinFast’s operations in its current markets, namely Vietnam, the US, Canada, France, Germany and the Netherlands, with a clear goal of growing the business focusing on North America and Europe. That will include implementing strategic initiatives to turn VinFast into a global smart electric car company. Michael Lohscheller gained leadership experience in finance, technology, purchasing & logistics before becoming a former Volkswagen Group of America Executive Vice President. From VW, he moved to Opel where he became the CEO for the past four years. During his leadership, Lohscheller led Opel to sustainable profitability after decades of suffering losses. He also oversaw Opel’s transformation into an electrified car brand. “Vingroup warmly welcomes Michael Lohscheller to our leadership team. We strongly believe that his appearance will accelerate VinFast’s up and running global expansion. Michael Lohscheller’s participation in VinFast’s senior management team reaffirms Vingroup’s long-term plan in attracting outstanding talents and acquiring management expertise from elite circles of the global automotive industry,” stated Thuy Le - Vingroup’s Vice Chairwoman. On his decision to join VinFast, Michael Lohscheller said: “During my career, I have always been attracted by new challenges. When the opportunity came to join VinFast, I was immediately attracted because of the growth opportunities. I look forward to working with the leadership team to grow the company and establish it as a global smart electric car company.” With more than 20 years working in the automotive industry, Michael Lohscheller is expected to play a key role in VinFast’s bold steps in global expansion and towards becoming a leading global smart electric car company. About Michael Lohscheller’s careerBorn in 1968, the German CEO graduated from Osnabrück University of Applied Sciences (Germany) and the University of Barcelona (Spain) in 1992. During his working years, Michael Lohscheller completed a Master’s Program in European Marketing Management and obtained his M.A. at Brunel University London in 1996. Having been active in the automotive industry for more than 20 years, Michael Lohscheller held a variety of high-ranking positions: Executive Vice President and Chief Financial Officer at Mitsubishi Motors Europe, Executive Vice President and Chief Financial Officer at Volkswagen Group of America, Chief Executive Officer at Opel Automobile GmbH and Member of the Board at PSA Group, etc. In his tenure as Opel CEO, Michael Lohscheller was honorably presented with prestigious awards for excellent automotive managers: Eurostar 2019 (Automotive News), Manbest 2019 (Autobest) and Manager of the Year 2019 (AutoZeitung). Michael Lohscheller has been broadly endorsed for his prowess in business strategy, restructuring, mergers & acquisitions, corporate finance, financial analysis, pricing strategy. About Vingroup and VinFast As the largest private conglomerate in Vietnam and one of the largest in Asia, Vingroup is currently doing business in three core sectors namely technology, industry and services. In all sectors it has participated in, Vingroup is always a pioneer that leads market trends and creates world-class products and services of Vietnam. Find out more at: https://www.vingroup.net/en. VinFast - a member of Vingroup - is Vietnam’s leading manufacturer of premium automobiles and the first Vietnamese automotive brand to launch in global markets. Established in 2017, VinFast’s state-of-the-art, 90% automated manufacturing complex in northern Vietnam is one of the largest in Southeast Asia. Designed to be one of the world’s leading smart electric mobility companies, VinFast currently produces several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs - VF e34, VF e35 and VF e36 respectively of C, D and E classes - in Vietnam, North America and Europe in 2021 and 2022. Contact Details Vingroup +84 24 3974 9999 v.nammh@vingroup.net Company Website https://www.vingroup.net/en

July 26, 2021 08:00 PM Eastern Daylight Time

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Grantchester C Change LLC Invests in UCAP Power, Inc.

Grantchester Group

Grantchester C Change Group (GCC), a global private equity investment firm specializing in electrification, infrastructure, and clean energy generation, announced its UCAP Power, Inc. investment, funding UCAP’s expansion in the ultracapacitor market with the acquisition of Maxwell Technologies. The purchase includes Maxwell’s non-dry electrode, ultracapacitor business, other related assets, and the Maxwell brand. Liz Griggs, Managing Partner & CEO of Grantchester Group, commented, “We are excited to announce our investment into UCAP and their acquisition of Maxwell Technologies. We believe that with the global transition to electrified vehicles for both commercial and consumer use, the innate benefits ultracapacitors and their current utilization in advance power train will drive significant growth as industry research forecasts market opportunities to be more than $7 billion annually by 2027.” Grantchester’s growth strategy focuses on expanding its investment in energy storage and vehicles electrification opportunities. It is uniquely positioned to build value and growth for companies in energy vehicles and infrastructure assets. The Grantchester management team has a proven track record of operating both public and privately held companies, working closely with their portfolio companies, leading, scaling, and investing in sustainable energy with seasoned industry partners. “We sought the UCAP investment opportunity for their strong visionary leadership and strategic renewable energy acquisition of Maxwell Technologies, commented Russell Read, Managing Partner of Grantchester. “The growth potential for UCAP is tremendous as the global vehicle electrification, and renewable energy sectors expand. Ultracapacitors are emerging as a sought-after green energy source currently utilized in thousands of applications, including those that commonly expose typical battery technologies to failure or safety issues.” About Grantchester C Change Grantchester C Change is an investment management company that is actively involved in the development and execution of industry transformational strategies with world-class seasoned industry platform company partners. It strives to create value for investors by harnessing the massive growth potential of industries that are in the midst of major technological change and re-tooling. Grantchester specializes in creating and fostering long-term large customer and strategic partner relationships in transformational industries as a way to reduce investor risk and ensure significant sales growth for platform companies. Some of the transformational areas Grantchester C Change is investing in include electrification, transportation, and related clean energy infrastructure. Further information can be found at www.grantchestergroup.com. Contact Details Company Liz Griggs, Managing Partner & CEO +1 858-264-1212 info@grantchestergroup.com Media Contact Kelly Sargent +1 703-347-1117 Company Website https://www.grantchestergroup.com/

July 26, 2021 10:42 AM Eastern Daylight Time

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