EVgo Inc. Announces 2024 Annual Meeting of Stockholders on May 15, 2024

TL;DR

<b>EVgo Inc. will hold its virtual 2024 Annual Meeting of Stockholders on May 15, 2024, to elect directors and ratify auditors.</b>

AI Summary

EVgo Inc. (EVGOW) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. EVgo Inc. will hold its 2024 Annual Meeting of Stockholders on May 15, 2024, at 11:00 a.m. ET / 8:00 a.m. PT. The meeting will be conducted virtually at www.virtualshareholdermeeting.com/EVGO2024. Key agenda items include the election of three Class III directors for terms until 2027. Stockholders will vote on ratifying the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2024. The company is using the 'Notice and Access' method for providing proxy materials.

Why It Matters

For investors and stakeholders tracking EVgo Inc., this filing contains several important signals. The virtual format aims to increase stockholder participation and reduce logistical costs. The election of directors and ratification of auditors are standard corporate governance procedures crucial for company oversight and financial reporting integrity.

Risk Assessment

Risk Level: low — EVgo Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.

Analyst Insight

Stockholders should review the director nominees and the ratification of the auditor to make informed voting decisions.

Key Numbers

• May 15, 2024 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
• 11:00 a.m. Eastern Time — Meeting Time (ET) (Start time of the virtual meeting.)
• 8:00 a.m. Pacific Time — Meeting Time (PT) (Start time of the virtual meeting.)
• 2027 — Director Term End (Year until which elected Class III directors will serve.)
• 2024 — Fiscal Year End (Fiscal year for which KPMG LLP is proposed as auditor.)

Key Players & Entities

• EVgo Inc. (company) — Registrant and filer of the proxy statement.
• May 15, 2024 (date) — Date of the Annual Meeting of Stockholders.
• KPMG LLP (company) — Proposed independent registered public accounting firm.
• Class III director (other) — Category of directors to be elected.
• 2027 (date) — Year until which elected directors will hold office.
• December 31, 2024 (date) — Fiscal year for which KPMG LLP is proposed as auditor.
• www.virtualshareholdermeeting.com/EVGO2024 (other) — URL for the virtual annual meeting.
• Climate Change Crisis Real Impact I Acquisition Corp (company) — Former name of EVgo Inc.

FAQ

Risk Factors

• Proxy Statement Filing [low — regulatory]: This filing is a routine proxy statement (DEF 14A) for the annual meeting of stockholders.

Key Dates

• 2024-05-15: Annual Meeting of Stockholders — Election of directors and ratification of auditors.

Glossary

DEF 14A

Definitive Proxy Statement filed with the SEC. (Provides detailed information to shareholders regarding company matters to be voted on at the annual meeting.)

Notice and Access

A method of delivering proxy materials to stockholders, where a notice is sent with instructions on how to access materials online. (Used by EVgo to provide proxy materials, aiming to reduce printing and mailing costs.)

Class III Director

A category of directors whose terms expire at a specific annual meeting, typically staggered. (Relevant to the election of directors at the annual meeting.)

Key Financial Figures

• $0.0001 — mpany's Class A common stock, par value $0.0001 per share ("Class A Common Stock") and

Filing Documents

• tm242928-1_def14a.htm (DEF 14A) — 831KB
• px_24evgoincproxy01pg01-4c.jpg (GRAPHIC) — 225KB
• px_24evgoincproxy01pg02-4c.jpg (GRAPHIC) — 123KB
• 0001104659-24-043096.txt (&nbsp;) — 1253KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 18 Summary Compensation Table 18 Narrative Disclosure to the Summary Compensation Table 20 Outstanding Equity Awards at 2023 Fiscal Year-End 22 Additional Narrative Disclosure 25 Key Compensation Actions Taken After 2023 Fiscal Year End 27 Compensation Policies and Practices 28 DIRECTOR COMPENSATION 30 SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS 32 REPORT OF THE AUDIT COMMITTEE 33 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 34 EVgo's Related Party Transactions 34 Agreements Related to the Business Combination 34 Policies and Procedures for Related Person Transactions 37

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 39 STOCKHOLDER PROPOSALS 41 HOUSEHOLDING OF PROXY MATERIALS 42 OTHER MATTERS 43 Websites throughout this Proxy Statement are provided for reference only and are not incorporated by reference into this Proxy Statement. Unless otherwise indicated or unless the context requires otherwise, all references in this Proxy Statement to the "Company," "EVgo" and similar terms refer to EVgo Inc. (f/k/a Climate Change Crisis Real Impact I Acquisition Corporation or "CRIS") and its consolidated subsidiaries. References to "CRIS" refer to EVgo's predecessor company prior to the consummation of the transaction (the "Business Combination") pursuant to that certain Business Combination Agreement (the "Business Combination Agreement"), by and among the Company, EVgo Holdings, LLC, a Delaware limited liability company ("Holdings"), EVgo HoldCo, LLC, a Delaware limited liability company ("Holdco"), EVGO OPCO, LLC, a Delaware limited liability company ("OpCo") and CRIS Thunder Merger LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company ("Thunder Sub"). The Business Combination closed (the "Closing") on July 1, 2021. iv TABLE OF CONTENTS EVgo Corporate Responsibility and Sustainability EVgo views environmental, social and corporate governance ("ESG") as integral to its business strategy and its mission to expedite mass adoption of electric vehicles ("EVs") for everyone. EVgo strives to protect the environment and help tackle climate change in order to accelerate the transition to clean energy. EVgo is also committed to the promotion of sustainable communities with equal access. EVgo believes that excellence in ESG provides a benefit to EVgo's stakeholders and the communities in which EVgo operates. Sustainability is core to EVgo's mission to expedite the mass adoption of EVs by creating a convenient, reliable, and affordable EV charging network that delivers fast cha

View Full Filing

View this DEF 14A filing on SEC EDGAR