Jack Ulrich, Author at Tritium | Page 8 of 20 Tritium

Tritium introduces the PKM, an innovative fast charging solution that creates a unique DC microgrid architecture, an industry first that allows the Company to create a pool of shared power for the full system to access.

The PKM150 is the first charger in the PKM line and the first charger that enables a shared power system, designed to reduce customers’ capital investment while maintaining high charger availability and power output to EVs.

Brisbane, Australia, December 8, 2021 – Tritium Holdings Pty Ltd (“Tritium” or the “Company”), a leading global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today unveiled the PKM, the Company’s new architecture and line of fast chargers.

The PKM line is designed to break the linear relationship between the power conversion equipment, which manages the electrical grid feed to the site, and charger power output, which manages electricity delivery to an EV. This development grants charge point operators the freedom to share one central source of converted DC power around the site. Since the infrastructure is shared, less equipment is needed, enabling operators to deploy more charging stations and increase the number of fast chargers available for EV drivers.

The PKM represents the Company’s most innovative line of fast chargers, greatly expanding the Company’s unique approach to modular and scalable charging architecture, with a groundbreaking system focused on providing customers with the flexibility to size charging sites for today’s demand and also easily scale infrastructure to meet future site and EV charging capabilities.

“One of the biggest challenges in the EV charging industry right now is increasing utilization without increasing driver waiting times for a charge. Operating and capital costs are traditionally proportional to peak power requirements, yet the revenue our customers generate comes from average power delivery,” said Tritium Co-Founder and Chief Growth Officer David Finn. “The PKM provides a new, distributed architecture that delivers unique site capital efficiency and scalability. With the PKM150, we’ve built a strong foundational model for this new platform that will offer our customers the opportunity to deploy more capital efficient sites, which will in turn allow them to build more charging sites across their networks.”

The PKM150 is the first fast charging system to be announced on the Company’s new PKM architecture. The PKM150 system leverages Tritium’s patented liquid-cooled modular design, pioneered with the Company’s award-winning RTM fast charger, and provides customers with the opportunity to choose between 50kW, 100kW or 150kW of dual-cable charging station power to meet their business needs. The modular construction of these chargers makes them faster and easier to service and build compared to non-modular systems. Through the modular design, Tritium can provide customers with chargers, components and modules that have been rigorously field tested and are interchangeable between models. This vision is already being realized, with up to 80% of the same components being used between the RTM and PKM150 charging stations.

“Our customers are critical to Tritium’s success, and through our more than ten years of fast charging experience they have provided Tritium with the valuable insights and a description of the features they need to optimize their business,” said Tritium Chief Revenue Officer David Toomey. “The PKM150 leverages customer feedback along with the data and knowledge Tritium has acquired from delivering more than 3.6 million high-power charging sessions, to provide Tritium’s highest degree of product performance and flexibility. With the PKM150, our customers can truly grow and scale their fast charging infrastructure to meet rapidly evolving industry, growing driver and battery technology demands through our advanced hardware and software.”

The DC microgrid unique to the PKM architecture transmits power across the system at 950V DC rather than 400V alternating current (“AC”). This design reduces the gauge of cabling in half, which can lead to up to tens of thousands of dollars in savings for small charging sites and hundreds of thousands of dollars in savings for large charging sites.

“This is an exciting time for the e-mobility industry. We’ve reached a tipping point and transportation as we know it is experiencing a major transition. Economies are moving from oil powered transport to transport powered by electricity, and with that, we believe internal combustion engine vehicles are becoming an obsolete technology,” said Jane Hunter, Tritium CEO. “Tritium is well-positioned to be a continued leader within this industry and grow our global market share, and the PKM150 only further solidifies our intention to be the world’s premiere fast charging provider. The PKM150 and wider PKM product line will continue Tritium’s market-leading position as the only fully liquid cooled IP65-rated DC fast charger. Tritium continues to innovate, with the PKM architecture providing unparalleled site scalability and the optimal configuration for our charge point operator customers to maximize their site revenue.”

This announcement comes on the heels of the announcement of Tritium’s record-setting sales in the third calendar quarter of 2021, and precedes an anticipated public listing for the Company on the Nasdaq in January 2022, through a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU).

About Tritium

Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination (the “Business Combination”) with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU) (“DCRN”), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium DCFC Limited (“NewCo”), which will be the going-forward company, becoming publicly listed. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is expected to occur in January 2022.

For more information, contact us.

About Decarbonization Plus Acquisition Corporation II

Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors. These include the energy and agriculture, industrials, transportation and commercial and residential sectors. DCRN is sponsored by an affiliate of Riverstone Holdings LLC and represents a further expansion of Riverstone’s 15-year franchise in low-carbon investments, having established industry leading, scaled companies with more than US$5 billion of equity invested in renewables.

Important Information and Where to Find It

In connection with the proposed Business Combination, NewCo, which will be the going-forward public company, filed a preliminary registration statement on Form F-4, (as amended, the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement of DCRN. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of DCRN as of a record date to be established for voting on the proposed Business Combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in the Solicitation

DCRN and its directors and executive officers may be deemed participants in the solicitation of proxies from DCRN’s stockholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in DCRN is contained in DCRN’s filings with the SEC, including DCRN’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 31, 2021, and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed Business Combination when available. NewCo and Tritium and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of DCRN in connection with the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination will be contained in the Registration Statement for the proposed Business Combination when available.

No Offer or Solicitation

This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination. This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Forward Looking Statements

Certain statements made in this document are “forward-looking statements” with respect to the proposed Business Combination and including statements regarding the benefits of the Business Combination, the anticipated timing of the Business Combination, the anticipated consummation and timing of the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”), the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets,” “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the Business Combination or the PIPE Financing in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders, and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the Business Combination to be completed by DCRN’s Business Combination deadline and the potential failure to obtain an extension of the Business Combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed Business Combination or the PIPE Financing; the inability to recognize the anticipated benefits of the proposed Business Combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed Business Combination; costs related to the proposed Business Combination; the risk that the proposed Business Combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed Business Combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the Business Combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the Business Combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed Business Combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

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Tritium Media Contact
Jack Ulrich
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

This facility is expected to bolster Tritium’s liquidity upon closing and will provide additional working capital.

BRISBANE, Australia, December 7, 2021 – Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today announced entry into a US$90 million debt facility with Cigna Investments, Inc. (“Cigna”), the investment arm of Cigna Corporation, a U.S.-based global health services company, and Barings LLC (“Barings”), a leading global financial services firm and subsidiary of MassMutual, a U.S.-based mutual insurance company. All figures are in USD unless otherwise noted.

Tritium plans to use the proceeds from the facility to refinance two prior financings led by Cigna and other company debt. The new facility will extend the availability of funds past the close of the proposed business combination (the “Business Combination”) with Decarbonization Plus Acquisition Corporation II (“DCRN”) (NASDAQ: DCRN, DCRNW, DCRNU) to 2024.

“With the accelerating momentum across our business, and exciting developments emerging in our product development efforts, the combined company will be better equipped to serve its customers by providing leading-edge hardware-plus-software solutions for the EV infrastructure buildout currently underway globally,” said Michael Hipwood, Tritium’s Chief Financial Officer.

As described in the registration statement on Form F-4 originally filed by Tritium DCFC Limited (“NewCo”) with the SEC on September 24, 2021, as amended (the “Registration Statement”), Tritium’s existing Cigna facilities are expected to be required to be paid off at the time of closing of the Business Combination, which would reduce the amount of cash available to the combined company after closing of the Business Combination. However, with today’s announcement, Cigna is being joined by Barings in the establishment of a new facility that is expected to close concurrently with the Business Combination, which replaces the existing Cigna facilities with a larger facility that matures in 2024. The closing of this facility is subject to, among other things, the closing of the Business Combination, certain minimum cash requirements and other customary closing conditions. This facility is expected to allow Tritium to repay existing debt, including debt outstanding under the existing Cigna facilities, without the use of funds received from the DCRN trust account. With this facility, Tritium expects to bolster its liquidity upon closing and provide additional working capital.

“This transaction reinforces Tritium’s balance sheet with further capital funding to support Tritium’s global expansion plans and respond to increasing sales and working capital requirements,” said David Toomey, Tritium’s Chief Revenue Officer and Head of Corporate Development. “We thank Cigna for their ongoing support, and Barings for joining this long-term partnership.”

Over the last several months, Tritium has announced a string of sales to customers all around the world. From Revel, a ride hailing company in New York, to EVCS, one of the largest charge point operators in the U.S., along with public charging provider Evie Networks in Australia, these sales add to the impressive list of orders by blue-chip customers. Other recent customer wins like Baltimore Gas and Electric, ReCharge Alaska, Loop EV Charging Network, and the ChargeNet and Taco Bell partnership show just how active the EV charging market has become. It is not only the sales department that has been achieving new milestones – Tritium has also recently launched its state-of-the-art testing facility, was named Chargepoint Manufacturer of the Year and won product and engineering design awards for its RTM fast charger.

“The support by Cigna and Barings to deliver this $90 million facility has come at just the right time, supporting new customer partnerships and shareholders ahead of our upcoming business combination with DCRN,” said Tritium CEO Jane Hunter. “Our EV charging products and technology are recognized as highly innovative and we are very proud to play a significant role in the transition to electrified transport.”

Founded in Brisbane and having already deployed more than 5,250 charging stations, Tritium has provided more than 3.6 million high-power charging sessions across 41 countries, delivering an aggregate of over 55 GWh of energy. The company’s intellectual property includes the world’s only fully liquid-cooled, IP65-rated charger technology, providing customers with a product that is ingress-protected and sealed from outside elements, which may reduce the total cost of ownership.

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for the Business Combination with DCRN, a publicly traded special purpose acquisition company (SPAC), that would result in NewCo, which will be the going-forward company, becoming publicly listed. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is expected to occur in January 2022.

For more information, contact us.

About Decarbonization Plus Acquisition Corporation II

No Offer or Solicitation

Forward-Looking Statements

Certain statements made in this document are “forward-looking statements” with respect to the Business Combination, and including statements regarding the benefits of the Business Combination, the anticipated timing of the Business Combination, the anticipated consummation and timing of the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”), the anticipated consummation and timing of the new debt facility (the “Cigna Refinancing”), the sources and uses of the PIPE Financing, the Cigna Refinancing and the proceeds of the Business Combination, the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets”, “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the Business Combination, the PIPE Financing or the Cigna Refinancing in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the Business Combination to be completed by DCRN’s Business Combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination, the PIPE Financing or the Cigna Refinancing; the inability to recognize the anticipated benefits of the proposed Business Combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed Business Combination; costs related to the proposed Business Combination; the risk that the proposed Business Combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed Business Combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the Business Combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the Business Combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed Business Combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the Securities and Exchange Commission (the “SEC”). Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

Additional Information about the Business Combination and Where to Find It

In connection with the proposed Business Combination, DCRN and NewCo, which will be the going-forward public company, filed the Registration Statement with the SEC, which includes a preliminary proxy statement of DCRN. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of DCRN as of a record date to be established for voting on the proposed Business Combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in Solicitation

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Tritium Media Contact
Jack Ulrich
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

Advanced testing facility is expected to enable Tritium to accelerate its time-to-market for new products.

New facility features an electromagnetic compatibility (“EMC”) testing chamber with one of the highest power test capabilities in the world, along with other key test and certification enablers including thermal chambers for testing in extreme temperatures.

Brisbane, Australia November 22, 2021 – Tritium Holdings Pty Ltd (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today opened a world-class compliance testing facility at the Company’s Brisbane, Australia headquarters, now viewable through an interactive tour on the Company’s website.

This new facility is capable of accelerating testing, prototyping, compliance and certification, allowing the Company to bring products to market in shorter timeframes, rapidly modify its products for customers and develop and certify products with greater cost efficiency.

Without the benefit of their own EMC testing facilities, many charger manufacturers and developers across the world need to test and certify their chargers in publicly-accessible EMC testing facilities with advance booking notice, for testing periods as short as 1-2 weeks. Any subsequent need for retesting often requires these manufacturers to return to the queue, which can significantly slow the process to get new charging technology to market.

“As passenger and fleet EVs with larger battery packs come online, demand for higher-powered DC fast chargers is expected to increase. To get these chargers in the ground and installed, each new product line must pass rigorous test standards to ensure compliance with various regulations around the world,” said Jane Hunter, Tritium CEO. “The more rapidly we can develop new products to meet the needs of this fast-evolving market and complete testing of those products for public use, the faster we can deliver chargers that meet that demand. This cutting-edge facility is expected to enable us to deliver world-leading charging infrastructure to our customers across the globe.”

Facility to Test Upper Limits of Charger Power

The facility features one of the highest power commercially accessible EMC testing chambers in the world. The facility is designed to deliver up to 720kW of regenerative power from its integrated system with fully integrated AC and DC power feeds, ensuring Tritium can test devices that demand very high power levels to Federal Communications Commission (FCC) and International Electrotechnical Commission (IEC) certification requirements. The custom-designed chamber features a five-metre turntable with high-power connections, providing Tritium with the ability to test a full high-powered charging system, consisting of the charger itself and an accompanying power cabinet.

“We now have the freedom to test a charger at a moment’s notice and for as long as we need, to ensure our chargers not only meet the thresholds required for compliance but exceed them,” said James Kennedy, Tritium Chief Technology Officer and Co-Founder. “We believe that taking away the time constraints of a commercial facility, combined with the ability to test in one of the most powerful and advanced facilities of its kind, will enable us to rapidly create and certify market-ready products more cost-efficiently and to add features and customizations to more effectively meet the needs of our customers.”

In addition, the facility houses two thermal chambers to test equipment in extreme temperatures. The first chamber is designed to test full charging systems, while the second chamber is meant to test components and charger modules. Calibrated to meet IEC and Underwriters Laboratories Inc. (UL) regulatory requirements, the thermal chamber for charging systems is expected to enable Tritium to test its products in up to 98% humidity and in temperatures ranging from -40°C (-40°F) to +70°C (+158°F), while the thermal chamber for testing modules and components is capable of producing temperatures ranging from -70°C (-94°F) to +180°C (+356°F).

The facility is also capable of IK impact testing, allowing Tritium to test and indicate the degree of protection its products’ electrical enclosures provide against external mechanical impacts.

Tritium Global Footprint Continues to Expand Along with Innovative Offerings

This verification and compliance testing facility is just the latest in a series of purpose-built facilities opened by the Company across the globe as it looks to continue to lead the way in developing DC fast charging technologies and expand its market reach.

In 2019, the Company opened its Research and Development (R&D) Centre in Brisbane, one of the largest of its kind in the world. It also opened a testing centre at its Amsterdam facility which allows EV manufacturers to test vehicles for interoperability with Tritium’s DC fast chargers. Later that year, the Company opened a new customer-focused Innovation Center in Los Angeles to allow customers to explore Tritium’s product suite and test vehicles with Tritium’s chargers. Last month, Tritium announced the opening of its first office in Singapore to allow the Company to have a local presence in the region and strengthen customer relationships in Asia.

“Since the launch of the R&D Centre in 2019, Tritium has become the first to market with Plug and Charge technology, allowing the vehicle and the charger to communicate and payment to occur without the need for a credit card reader or QR Code, pioneered fast charging for mining environments with an advanced IP65 rated fast charger with best-in-class ingress protection and developed a series of modular, scalable chargers to meet the needs of charge point operators and the evolving demands of EV drivers,” said Hunter. “We will continue to invest in innovation in the DC charging space and maintain our position as a supplier of leading technology.”

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU) (“DCRN”), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium DCFC Limited (“NewCo”), which will be the going-forward company, becoming publicly listed. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is currently expected to occur in either December 2021 or January 2022.

For more information, contact us.

About Decarbonization Plus Acquisition Corporation II

Important Information and Where to Find It

In connection with the proposed business combination, NewCo, which will be the going-forward public company, filed a preliminary registration statement on Form F-4, (as amended, the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement of DCRN. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of DCRN as of a record date to be established for voting on the proposed business combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in the Solicitation

DCRN and its directors and executive officers may be deemed participants in the solicitation of proxies from DCRN’s stockholders with respect to the proposed business combination. A list of the names of those directors and executive officers and a description of their interests in DCRN is contained in DCRN’s filings with the SEC, including DCRN’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 31, 2021, and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed business combination when available. NewCo and Tritium and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of DCRN in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the business combination will be contained in the Registration Statement for the proposed business combination when available.

No Offer or Solicitation

This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Forward Looking Statements

Certain statements made in this document are “forward-looking statements” with respect to the proposed business combination and including statements regarding the benefits of the business combination, the anticipated timing of the business combination, the anticipated consummation and timing of the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”), the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets,” “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination or the PIPE Financing in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders, and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the business combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed business combination or the PIPE Financing; the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed business combination; costs related to the proposed business combination; the risk that the proposed business combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed business combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the business combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the business combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed business combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

###

Tritium Media Contact
Jack Ulrich
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

Announcement comes as U.S. Department of Energy’s Alternative Fuels Data Center reports all-time high installation record of DC fast chargers in quarter ending September 30, 2021; number of U.S. public fast chargers already exceeds Bloomberg NEF’s year end 2021 target.

The two companies’ partnership expands electric vehicle infrastructure throughout the states of California, Oregon, and Washington.

TORRANCE, Calif., November 18, 2021 — Tritium Holdings Pty Ltd (“Tritium”), a leader in direct current (DC) electric vehicle fast charging, has joined forces with EVCS, one of the largest fast charging networks on the West Coast, to expand electric vehicle (EV) charging solutions in California, Oregon, and Washington. EVCS, one of the largest privately held charging network operators, has entered into a contract to purchase over 400 Tritium fast chargers to add to its more than 100 Tritium charger fleet. With over 1,500 chargers in its network, of which over 600 are DC fast chargers, EVCS is in the process of substantially increasing its network by the end of 2022.

“Expanding EVCS’ fast charging network in California, Oregon, and Washington is an important part of reducing range anxiety for EV drivers on the West Coast,” said Gustavo Occhiuzzo, CEO of EVCS. “Tritium provides best-in-class fast charging hardware, which will allow us to grow our unlimited charging subscription model at a much faster rate.”

Many operators like EVCS choose Tritium’s adaptable and reliable technology to improve the driver experience and offer charging as a value-added service. The more than 500 Tritium fast chargers ordered by EVCS, ranging from 50kW to 175kW, are expected to account for nearly half of EVCS’ fast charging network once fully deployed. EVCS will provide drivers with the option to pay through the company’s mobile app, Apple Pay, Google Pay, a credit card, or by becoming monthly subscribers with unlimited charging for a small monthly fee.

The two companies are looking to work with several government bodies to benefit from Californian incentives to grow the network further. California-based organizations have recently created several financial incentive programs to increase electric vehicle technology adoption throughout the state. The California Electric Vehicle Infrastructure Project (CALeVIP) continues to expand throughout the state, providing significant rebates for Tritium’s RT50, RTM75, and RT175-S fast chargers.

“It is extremely promising to see so many organizations make electric transportation a priority with new grants and funding programs. While Tritium is seeing record-level activity across the globe, U.S. engagement is at an all-time high,” said Mike Calise, President of Americas at Tritium. “In addition to the infrastructure bill recently signed by President Biden, which offers an unprecedented level of support for the charging category use cases targeted by Tritium, the National Conference of State Legislatures now cites 46 states, including DC, with policies on the books to promote EV adoption.
“Although Tritium can sustain a profitable business without grants, upfront rebates, sales tax exemptions, and even build code provisions that require charging infrastructure to be installed in certain new construction settings, the tailwind for our platform of hardware-plus-software, technology enabled and led product offerings, has never been stronger,” Calise continued. “We are confident that by continuing our partnership with companies like EVCS, we will achieve rapid expansion of our DC fast charging solutions throughout the nation.”

For the three months ended September 30, 2021, Tritium booked record orders of approximately $55 million. The company’s backlog continued to grow throughout the three months ended September 30, 2021, ending at a record of approximately $78 million, or an increase of 333% over the backlog from December 31, 2020.

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU)(“DCRN”), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is currently expected to occur in either December 2021 or January 2022.

For more information, contact us .

About EVCS

EVCS was founded in 2018 by Green Commuter founder Gustavo Occhiuzzo and finance expert Ian Vishnevsky to provide and operate public- and private-based EV charging infrastructure. EVCS disrupted the mobility power industry by employing a complete turnkey approach that utilizes both public and private funding sources, grants, rebates, and other financial incentives to encourage governments and businesses to install fast-charging stations. EVCS has secured over $50M in government funding and engaged over 500 partner sites. EVCS’ mission is to cut emissions while simultaneously improving air quality by enabling the adoption of EVs. Visit EVCS for more information here: www.evcs.com

About Decarbonization Plus Acquisition Corporation II

DCRN is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors. These include the energy and agriculture, industrials, transportation and commercial and residential sectors. DCRN is sponsored by an affiliate of Riverstone Holdings LLC and represents a further expansion of Riverstone’s 15-year franchise in low-carbon investments, having established industry leading, scaled companies with more than $5 billion of equity invested in renewables.

Important Information and Where to Find It

In connection with the proposed business combination, Tritium DCFC Limited (“NewCo”), which will be the going-forward public company, filed the Registration Statement with the U.S. Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement of DCRN. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of DCRN as of a record date to be established for voting on the proposed business combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in the Solicitation

No Offer or Solicitation

Forward Looking Statements

Certain statements made in this document are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the proposed business combination and including statements regarding the benefits of the business combination, the anticipated timing of the business combination, the anticipated consummation and timing of the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”), the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets,” “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination or the PIPE Financing in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders, and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the business combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed business combination or the PIPE Financing; the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed business combination; costs related to the proposed business combination; the risk that the proposed business combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed business combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the business combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the business combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed business combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

###

Tritium Media Contact
Sarah Malpeli
408-806-9626 ext 6840
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

EVCS Media Contact
Maddie Cuttler [email protected]

BRISBANE, Australia, October 27, 2021 — Tritium, a global developer and manufacturer of direct current (DC) fast chargers for electric vehicles (EVs), has been crowned “Chargepoint Manufacturer of the Year” by the Electric Vehicle Innovation & Excellence (EVIE) Awards.

Tritium has had great success this past year by launching a variety of products, introducing new key partnerships, announcing new charger installations and more. Starting with the launch of their new Modular Scalable Charging (MSC) hardware platform and the innovative RTM fast charger in November 2020, Tritium has significantly grown the company’s footprint and book of business, achieving the highest level of product demand and largest order backlog in the company’s history, as detailed in Tritium’s announcement on October 13, 2021.

The EVIEs, held last week on the first night of the EV World Congress in Bristol, U.K., shine a light on innovation and excellence in the emerging EV sector.

“In a tightly contested category, Tritium stood out within the Chargepoint Manufacturer of the Year shortlist at this year’s EVIE Awards, hosted by Solar Media,” said the EVIE Awards judges. “The judges praised the liquid cooling technology used by Tritium and their global footprint in particular, with Tritium a thoroughly deserving winner of this award.”

Throughout the company’s journey, Tritium has maintained a strong focus on customer and driver satisfaction, going the extra distance to ensure the company’s products enjoy a long lifecycle. As part of this commitment, Tritium launched a software update for their RT50 DC fast chargers in March, enabling Plug and Charge technology globally. The RT50, launched in 2014, is Tritium’s original fast charger and the first fast charger on the market to be fully liquid cooled and IP65 rated.

“We chose to partner with Tritium as they are a forward-thinking company, who are pushing the boundaries in technology which ultimately enhances the charging experience for all our customers,” said Martin Miles, Head of Operations at Osprey Charging. “Their customer-centric vision aligns perfectly with ours.”

Tritium’s product line includes chargers ranging from 50kW to 350kW. The PK350, presently the company’s most powerful DC fast charger, makes up the majority of the IONITY network across Europe. Tritium launched its RTM DC fast charger last year, an upgradeable DC fast charger that provides businesses with the flexibility to scale from 25kW to 50kW and up to 75kW.

Tritium has been fortunate to be part of many successful charging installations and milestones, bolstering the company’s success. This year, Tritium achieved two global milestones. First, Tritium set a record for the largest universal fast charging station in the United States at Revel’s Brooklyn Superhub, which includes 25 of Tritium’s 75kW RTM fast chargers. Second, Tritium partnered with GRIDSERVE to create the United Kingdom’s largest high power motorway charging site, with 12 PK350 rapid chargers.

“This recognition is a major vote of confidence from the EV industry and industry peers,” said Jane Hunter, Tritium CEO. “Across our business, we aim to set ourselves apart by delivering best-in-class technology, customer satisfaction and operational excellence, going above and beyond to expedite the transition to e-mobility. The global EV industry is rapidly expanding, and we’re preparing to grow and expand our market share to become the first choice in DC fast charging technology.”

This award comes on the heels of Tritium’s recent Good Design Awards for excellence in product and engineering design for the company’s RTM electric vehicle DC fast charger. Tritium is the only fully liquid cooled, IP65 rated charger, helping reduce total cost of ownership by up to 37% over 10 years compared with air-cooled systems. Tritium has a global sales and service footprint covering 4 continents, providing over 5,250 DC fast chargers across 41 countries. Having delivered over 3.6 million high-power charging sessions, Tritium estimates that the company has offset over 2 million gallons of gasoline.

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is currently expected to occur in either December 2021 or January 2022.

For more information, contact us.

###

Tritium Media Contact
Jack Ulrich
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

The company takes home prizes in both the Engineering Design and Commercial & Industrial Product Design categories for their RTM electric vehicle DC fast charger.

BRISBANE, Australia, October 20, 2021 — As charging infrastructure becomes more critical in enabling electric vehicle (EV) adoption, Tritium, a leader in direct current (DC) fast charging, has been awarded for its achievements in product and engineering design. The Australian Good Design Awards committee has recognized the company and its RTM fast charger in the engineering and product design categories for the commercial and industrial sectors.

“The overall design and engineering of this product is very well considered. The charging system has multiple benefits — single technician installation, slim-line profile, fast charge (75km range in 10 minutes),” commented the Good Design Awards engineering design jury. “The RTM EV charger design is a good example of clean, sophisticated and functional design and engineering that will help reduce a key barrier to EV market expansion. Really impressive project and a standout example of good design in this category that deserves to be recognised. Well done.”

The RTM is a modular and upgradeable DC fast charger capable of rapidly powering more than one EV of any model at a time. The charger gives businesses the flexibility of a charger that can scale from 25kW to 50kW and 75kW.

“A clean aesthetic and well considered design. The installation time of only 2 hours is impressive, as is the consideration of the user experience with the visual display and slimline design,” said the Good Design Awards product design jury. “It’s fast, easy to use and customisable. It will be an increasingly important and sought-after product as EVs gain traction in the market. A clean design that complements the functionality of the unit very well.”

The Australian Good Design Awards are one of the longest-running international design awards, promoting excellence in design and innovation since 1958. Recognized by the World Design Organization (WDO) as Australia’s peak international design endorsement and promotion program, these awards represent the diverse spectrum of design with 12 specific design disciplines covering more than 30 categories and sub-categories.

“We are excited to receive these awards as it validates Tritium’s industry-leading product design and Modular Scalable Charging architecture, which was launched in 2020,” said Tritium CEO Jane Hunter. “To achieve widespread adoption of electric transportation, there needs to be infrastructure in place that not only makes charging a vehicle convenient, but financially beneficial for the site owner. With our product design, we give our customers truly scalable technology that grows with their site.”

Each year, the program attracts new and innovative design projects worldwide, celebrating the best in all areas of design, architecture, engineering, research, and social innovation.

“Receiving an Australian Good Design Award is testament to embedding design excellence at the heart of a product, service, place or experience. Although 2021 continues to be another challenging year, it is incredibly inspiring to see designers and businesses working together to find innovative, customer-centric design solutions to local and global challenges and to see them recognised and rewarded for their efforts through these prestigious Awards,” said Dr. Brandon Gien, CEO of Good Design Australia. “The importance of embracing good design principles is now more important than ever as many businesses around the world have had to completely re-think their business strategies to remain competitive. The standard of design excellence represented in this year’s Awards is the best I’ve ever seen in my 25 years of running these Awards, an encouraging sign that the design sector is flourishing.”

With installation in under two hours, single-person field serviceability, DC meter data insights, and many customization options available, the RTM fast charger helps reduce setup, operation, and maintenance costs to increase our customers’ return on investment. The RTM also provides a fast charge and improves the refueling experience with driver-friendly features like intuitive screen flows and charger statistics, and Plug and Charge which enables EVs and chargers to communicate, authenticate, and transact via the charging cable, eliminating the need for a credit card reader, RFID card or QR Code. The award-winning RTM design is expected to be carried through Tritium’s upcoming products with the same thoughtfully designed enclosure and common components.

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is currently expected to occur in either December 2021 or January 2022.

For more information, contact us.

About Good Design Australia and the Australian Good Design Awards

Good Design Australia is an international design promotion organisation responsible for managing Australia’s annual Good Design Awards and other signature design events. With a proud history that dates back to 1958, Good Design Australia remains committed to promoting the importance of design to business, industry, government and the general public and the critical role it plays in creating a better, safer and more prosperous world.

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Tritium Media Contact
Sarah Malpeli
408-806-9626 ext 6840
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]

OCTOBER 13, 2021 – Brisbane, Australia – Tritium Holdings Pty Ltd (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced record results for the three months ended September 30, 2021, and provided a business update, including an update on sales orders and backlog for the quarter.

On May 26, 2021, Tritium announced it had entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium DCFC Limited (“NewCo”), which will be the going-forward company, becoming publicly listed. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is currently expected to occur in either December 2021 or January 2022.

For the three months ended September 30, 2021, Tritium booked record orders of approximately $55 million (31% higher than the September 30, 2021 forecast in the Analyst Day update released on September 21). The Company’s backlog continued to grow throughout the three months ended September 30, 2021, ending at a record of approximately $78 million (18% higher than the September 30, 2021 forecast in the Analyst Day update), or an increase of 333% over the backlog at December 31, 2020.

Other recent business highlights include:

Total Tritium DC fast chargers sold globally now stand in excess of 5,250, compared to 4,400 when Tritium announced its proposed business combination with DCRN – an increase of 19% in only 18 weeks.
Production in the three months ended September 30, 2021 was a record of approximately $22 million, representing a 64% increase over the three months ended June 30, 2021 and a 140% increase over the three months ended March 31, 2021.
Total backlog of approximately $78 million as of September 30, 2021 represents the largest backlog ever recorded by Tritium, an increase of 86% over the June 30, 2021 backlog of $42 million and an increase of 189% over the March 31, 2021 backlog of $27 million.
Since November 2020, increasing product demand has required Tritium to double the Company’s production line shift headcount. The Company expected this increase in market demand which will be met through previously announced expansions of assembly, throughput and testing capacity in the United States and Europe following the anticipated successful closing of the business combination with DCRN.

Jane Hunter, CEO of Tritium, commented, “The momentum we have experienced across Tritium’s suite of products has been exceptional this past quarter. As the world embraces the electrification of transportation, it has now become near-consensus that the proliferation of reliable, fast charging will be an essential step in accelerating EV adoption. Although there is certainly a continued and needed role for slow charging, drivers are increasingly demanding a charging experience that is analogous to their gasoline car experience, and Tritium’s product portfolio is squarely positioned to meet those needs. We celebrated several commercial wins since announcing our business combination agreement with DCRN, a select handful of which we made public, and we continue to see an elevated level of dialogue with substantial players across utilities, retail, charge point operators, fleets and traditional fuel station owners that point to strength across our business and geographies.”

Michael Hipwood, CFO of Tritium, commented, “The business model built by Tritium on the back of leading, proprietary technology is now apparent in the Company’s results. As a manufacturer of finished goods that require assembly through components sourced globally, Tritium is not immune to the challenges of the well-covered supply chain disruptions occurring around the world, as the movement of goods continues to be upended. Nevertheless, Tritium’s leadership invested early in operational solutions that have enabled the current record results. Tritium has received over $220 million of cumulative financings since its inception, including an approximately AUD $40 million private placement just secured and announced on September 7, 2021. The benefits of that legacy, multi-year investment campaign are being seen in strong sales momentum especially given our existing global footprint. In 2021, we expect to deliver continued growth, and look forward to continued momentum into 2022.”

Since Tritium announced its business combination with DCRN, the Company announced the opening of its Singapore office to serve the rapidly growing APAC and Middle East regions and several global commercial wins across a variety of geographies and customer categories, including:

On October 12, Tritium announced a partnership with ChargeNet to bring Tritium chargers to the San Francisco Bay Area Taco Bells.
On August 26, Tritium announced a partnership with local distributor Solcon to provide DC fast chargers in Israel and Palestine.
On August 24, Tritium announced a partnership with Miller Technology to provide electric vehicle charging solutions to mining operations for the BHP Mitsubishi Alliance in Queensland, Australia.
On August 18, the Company announced a deal with Evie Networks to install more than 300 fast chargers across Australia.
On August 10, Tritium announced a partnership with Greenlots, a member of the Shell Group, for installation of fast charging infrastructure across the U.S. state of Maryland for utility Baltimore Gas and Electric.
On June 29, the Company celebrated the opening of the largest universal fast charging lot in North America with Revel in New York City.

David Finn, Founder and Chief Growth Officer of Tritium, remarked, “The success of our technology platform has been validated in the commercial channel, and we are extraordinarily grateful for the support of our customers and partners who have responded so enthusiastically to our offerings. We released a modular 75kW charger in 2020, and we are eager to bring a 150kW variant of that charger for retail applications to market in 2022. We have a pipeline of product introductions slated for 2022 and 2023, including our 25kW V2G/V2H wall unit and our 360kW and 1MW line, which will begin with a 150kW line designed for charging park applications launching before the end of 2021.”

David Toomey, Chief Revenue Officer of Tritium, continued, “These offerings will build on Tritium’s longstanding technology edge, which has always been at the vanguard of the industry. For example, Tritium was the first company in the world to implement Plug and Charge (ISO 15118), which enables EVs and charging equipment to communicate, authenticate, and transact seamlessly via the charging cable. Further, the Company’s compact and sleek 350kW charger – which enables a 60-mile charge in 3 minutes – has been available since 2018, and we look forward to bringing to market products that reflect the ongoing performance and quality enhancements currently under development by our global team of engineers. We believe our 459-person employee base – which has grown over 30% from 348 just four months ago when we announced our business combination with DCRN – continues to set the industry standard for both product innovation and customer-led decision-making.”

Additionally, since announcing the proposed business combination with DCRN, Tritium announced that Gilbarco Veeder-Root, the worldwide technology leader for retail and commercial fueling operations and a Tritium shareholder since 2018, agreed to support the Company’s proposed business combination with DCRN. Finally, Tritium announced that the 77^th U.S. Secretary of the Navy and former Ambassador to Norway, Kenneth Braithwaite, will be joined by seasoned automotive executive Edward Hightower on the Board of Directors of the post-business combination company.

On September 24, 2021, NewCo filed its preliminary Registration Statement on Form F-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), and Tritium is looking forward to providing near-term updates on the proposed business combination with DCRN.

Use of Non-GAAP Financial Measures

We present our operating results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). The presentation of non-GAAP financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

About Tritium

For more information, contact us.

About Decarbonization Plus Acquisition Corporation II

Important Information and Where to Find It

In connection with the proposed business combination, NewCo, which will be the going-forward public company, filed the Registration Statement with the SEC, which includes a preliminary proxy statement of DCRN. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of DCRN as of a record date to be established for voting on the proposed business combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in the Solicitation

No Offer or Solicitation

This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Forward Looking Statements

Certain statements made in this document are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the proposed business combination and including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the anticipated consummation and timing of the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”), the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets,” “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination or the PIPE Financing in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders, and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the business combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed business combination or PIPE Financing; the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed business combination; costs related to the proposed business combination; the risk that the proposed business combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed business combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the transaction; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the transaction; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed business combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

Contacts:

For Investors
Caldwell Bailey
ICR, Inc.
[email protected]

For Media
Dan McDermott
ICR, Inc.
[email protected]

As part of a larger initiative to put electric vehicle fast chargers at fast food restaurants, a first installation is expected to combine Tritium’s market-leading technology with on-site solar, battery storage, and ChargeNet’s proprietary software platform to provide a superior fast charging experience, increase resiliency, and generate profit for the local franchise.

TORRANCE, Calif. / SAN FRANCISCO, Calif., October 12, 2021 – As the number of electric vehicles (EVs) is expected to continue growing – up to 35 million EVs are expected on U.S. roads by 2030 according to a Business Insider report from March 2021 – charging infrastructure is expected to need to expand commensurately to support the increased EV adoption. Tritium has partnered with EV charging network operator ChargeNet with a plan to install RTM direct current (DC) fast chargers at South San Francisco Taco Bells to address this challenge. The partnership, which is expected to expand in other areas, leverages funding from the California Energy Commission’s California Electric Vehicle Infrastructure Project (CALeVIP) and the California Public Utilities Commission’s (CPUC) Self-Generation Incentive Program (SGIP).

“Our goal is to replace the refueling experience that Americans know with a charging experience that is fast, convenient, and inviting,” said Tosh Dutt, CEO of ChargeNet. “Our first installation is just the beginning of realizing that goal, and will be the first of many as we look to expand charging opportunities throughout the Bay Area and other parts of the country in the hopes of increasing adoption of EVs, especially in lower-income areas.”

The companies broke ground on the installation last month and the chargers are anticipated to be operational by the end of October. The 75kW Tritium RTM fast chargers can provide up to 46 miles of range in 10 minutes and will accept payment through ChargeNet’s mobile app and a credit card reader on the charger. ChargeNet’s EV charging platform, specifically designed for fast food franchisees, fills a market need for more fast chargers at locations with food and a restroom. ChargeNet also hopes to integrate food ordering and payment to make the process even more seamless for customers. And to lower energy costs and protect from power outages, the installation will utilize solar and energy storage technology to power the chargers and provide more competitive rates to Taco Bell customers.

“We’re always looking for opportunities to do things that haven’t been done before and especially those that create a “win-win” for our customers, the community and our business,” said SG Ellison, President of Diversified Restaurant Group, who operates nearly 250 Taco Bell and Arby’s in five states and is rapidly growing. “Tosh and his team have been great partners and we’re looking forward to providing our customers with the opportunity to charge their vehicles on Tritium’s market-leading technology.”

The installation will not require any further utility service upgrades, only requiring one additional meter to support the chargers. Additionally, as a result of ChargeNet’s unique service model and use of incentives, Diversified Restaurant Group will pay nothing upfront and take home a portion of the revenue generated from the chargers, along with bringing in EV drivers as customers. The SGIP funding includes prioritization of communities living in high fire-threat areas, communities that have experienced two or more utility Public Safety Power Shut-offs (PSPSs), as well as low-income and medically vulnerable customers, while funding from CALeVIP provides incentives for EV infrastructure across the state with additional funding for charging projects located in low-income and disadvantaged communities.

“CALeVIP has been a successful program in deploying public chargers throughout California and targeting disadvantaged communities,” said Hannon Rasool, Deputy Director of the Fuels and Transportation Division at the California Energy Commission. “The innovation and creativity of deploying chargers where other amenities such as food services are co-located should be emulated across the nation to provide access to charging where consumers already travel.”

Tritium’s RTM fast chargers are built for any environment and feature a modular power unit design that allows the charger to quickly be upgraded from 25kW to 50kW and 75kW of power. The power units are also single-person operable so they can be easily changed in the field for faster maintenance and improved uptime.

“This project is a shining example of integrating solar, battery storage, and DC fast charging to help fast food restaurants serve a rapidly expanding EV driver customer base. These are the types of innovative solutions that have a double benefit – decarbonizing the planet in the long-term, while creating more resilient businesses in the short-term,” said Mike Calise, President of Americas at Tritium. “We’re pleased to have worked with ChargeNet, SGIP, and CALeVIP to make this project possible, providing the Diversified Restaurant Group with a solution that’s revenue positive from the start.”

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement with DCRN for the Business Combination, that would result in Tritium becoming a publicly listed company. Completion of the Business Combination is subject to customary closing conditions.

For more information, contact us.

About ChargeNet

ChargeNet Stations’s software platform makes it seamless for Quick Serve Restaurants to offer customers a superior EV charge up experience while satisfying their hunger. ChargeNet’s hardware-agnostic SaaS platform, ChargeOpt, optimizes EV chargers, renewable energy, and Point-of-Service retailer offerings to turn parking lots into profit-centers.

Learn more about ChargeNet and follow their site progress at chargenetstations.com and follow them on Twitter @ChargeNetStnUS.

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Tritium Media Contact:
Sarah Malpeli
408-806-9626 ext 6840
[email protected]

Tritium Investor Contact:
Caldwell Bailey
ICR, Inc.
[email protected]

Singapore is gateway to Asia as region transitions to electric vehicles.
Ravi Vaidya, Vice President of Sales, APAC and the Middle East, to lead the office.

Singapore, October 5, 2021 – Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today opened a new office in Singapore. The opening of the new regional office aims to cater to the increase in interest in EVs in Asia-Pacific (“APAC”) and the Middle East, and to allow the company to have local presence in the region and align more closely with its customers in Asia.

“The region has been very proactive in incentivising uptake of electric vehicles,” said Jane Hunter, CEO, Tritium. “Singapore, for instance, recently launched an EV Early Adoption Incentive and an enhanced Vehicular Emissions Scheme to further close the cost gap between EVs and internal combustion engine vehicles. And, to transform the country into a low-carbon society, Thailand has announced that EVs will contribute to at least 30 percent of total domestic vehicle production by 2030 and the country will be equipped with 12,000 public fast charging stations by that time. These are just two examples of a region-wide push to transition to electric vehicles, and we’re seeing an increased interest in the installation of publicly-available charging infrastructure as a result.”

The region will be led by Ravi Vaidya who was recently appointed to the role of Vice President of Sales, APAC and the Middle East.

“Singapore is the gateway to Asia, and as we look to break into those markets and assist them in deploying fast charging infrastructure, Singapore makes sense as a regional foothold for us,” said Ravi Vaidya. “Tritium’s chargers are perfectly suited to withstand APAC and Middle Eastern environments. They’re tested and built to withstand dust, wind, humidity, extreme heat and any other environmental condition, and this is what these unique markets need as they transition to electric vehicles.”

Tritium, founded in Brisbane, Australia, has provided more than 2.7 million high-power charging sessions from over 5,250 chargers deployed across 46 countries. The company recently secured an AUD$40 million private placement by Cigna Investments, Inc. (“Cigna”), the investment arm of Cigna Corporation, a U.S.-based global health services company. Part of the private placement is expected to be used to continue scaling its global operations, with Singapore the first stage of that expansion.

About Tritium

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in the fourth quarter of 2021.

For more information, contact us.

About Decarbonization Plus Acquisition Corporation II

No Offer or Solicitation

This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination (as defined below). This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Forward-Looking Statements

Certain statements made in this document are “forward-looking statements” with respect to the proposed transaction (the “Business Combination”) between DCRN, Tritium and Tritium DCFC Limited, an Australian public company limited by shares (“NewCo”), and including statements regarding the benefits of the Business Combination, the anticipated timing of the Business Combination, the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets”, “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the Business Combination in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the Business Combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination; the inability to recognize the anticipated benefits of the proposed Business Combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed Business Combination; costs related to the proposed Business Combination; the risk that the proposed Business Combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed Business Combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the Business Combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the Business Combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed Business Combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the Securities and Exchange Commission (the “SEC”). Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

Additional Information about the Business Combination and Where to Find It

In connection with the proposed Business Combination, DCRN and NewCo, which will be the going-forward public company, intend to file a registration statement on Form F-4 (the “Registration Statement”) with the SEC, which will include a proxy statement/prospectus, and certain other related documents, to be used at the meeting of stockholders to approve the proposed Business Combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. The proxy statement/prospectus will be mailed to stockholders of DCRN as of a record date to be established for voting on the proposed Business Combination. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in Solicitation

DCRN and its directors and executive officers may be deemed participants in the solicitation of proxies from DCRN’s stockholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in DCRN is contained in DCRN’s filings with the SEC, including DCRN’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 31, 2021, and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed Business Combination when available. NewCo and Tritium and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of DCRN in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination will be contained in the Registration Statement for the proposed Business Combination when available.

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Tritium Media Contact
Jack Ulrich
[email protected]

Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
[email protected]