EVgo Inc. — Call Transcript 2026

Good morning. I'm David Nanus, Chairman of EVgo's Board of Directors, and I am pleased to welcome you to EVgo's 2026 annual meeting of stockholders. It is now approximately 11:00 A.M. Eastern Time. I call this meeting to order. We're excited to be hosting our virtual annual meeting, which allows us to be more inclusive and reach a greater number of stockholders who are able to attend via the web portal. I would like to acknowledge the members of our Board of Directors in attendance today, as well as several members of our Executive Leadership, including our Chief Executive Officer, Badar Khan; our Chief Financial Officer, Keefer Lehner; and our Chief Legal Officer, EVP Corporate Development, and Corporate Secretary, Francine Sullivan. I would like to recognize Blaine Versaw, Amber Firth, and Melody Brown, who are here as representatives of KPMG, our independent registered public accounting firm. I'll now turn the meeting over to Francine, who will preside over today's meeting and conduct proceedings, as well as act as secretary of the meeting. Francine. Thank you, David. I'd also like to welcome you to our virtual annual meeting and remind you that this meeting is being recorded. The inspector of elections for today's meeting is Chris Vico, and she has taken the oath of office, which I have directed to be filed with the company's records. EVgo's Board of Directors set March 19, 2026 as the record date for determining stockholders entitled to vote at this meeting. Notice of this meeting was duly given in accordance with the company's bylaws and Delaware law. We received an affidavit from Broadridge Financial Solutions certifying that the notice of the annual meeting and proxy statement were sent to stockholders on or about April 3, 2026. The affidavit is available for inspection by any stockholder and will be filed with the company's records. We are informed by the Inspector of Elections that holders of shares representing a majority of the total voting power of all issued and outstanding stock entitled to vote on the record date are present in person or represented by proxy. A quorum is therefore present for the purposes of transacting business. As set forth in the notice of the annual meeting, the matters to be considered at today's annual meeting are the election of three class two directors to serve until EVgo's 2029 annual meeting of stockholders and until their successors are duly elected. The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026. The approval on a non-binding advisory basis of the compensation of our named executive officers, also known as Say on Pay, and the approval on a non-binding advisory basis of the frequency at which the Say on Pay vote at future annual meetings of stockholders will be held. The board of directors has recommended that stockholders vote for each of the three class two director nominees for the ratification of KPMG, for the approval of named executive officer compensation, and for a frequency of one year for the advisory Say on Pay vote. Under proposal one, directors are elected by a plurality of the votes validly cast. The three class two nominees receiving the most four votes will be elected. Proposals two and three, the ratification of KPMG and the advisory vote on named executive officer compensation, each require the affirmative vote of the majority of the voting power present virtually or by proxy and entitled to vote on the proposal. Proposal four asks stockholders to recommend the frequency of future Say on Pay votes. The option one year, two years, or three years that receives the highest number of votes cast will be deemed the frequency preferred by our stockholders. Legal notice having been given, this meeting is now convened and open for the transaction of business. It is approximately 11:05 A.M. Eastern time on May 14, 2026, I now declare the polls open for voting. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. We will address stockholder questions received via the web portal. Please note we will attempt to answer as many questions as time allows, only questions that are germane to voting and the proposals before the meeting will be addressed. It looks as though we do not have any stockholder questions. The polls will close shortly. That everyone has had the opportunity to vote, I now declare the poll for EVgo's 2026 annual meeting of stockholders closed. I've been advised by the Inspector of Elections that based on a preliminary tabulation of the votes, each of the three class two nominees for director have been duly elected. The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026 has been approved. The compensation of our named executive officers has been approved on a non-binding advisory basis, and one year has been approved as the frequency at which the Say on Pay vote will be held at future annual meetings of stockholders on a non-binding advisory basis. The final voting results will be tallied by the inspector of elections and subsequently announced in accordance with the requirements of the Securities and Exchange Commission. This concludes EVgo's 2026 annual meeting of stockholders. On behalf of EVgo's board of directors and its employees, I want to thank you for attending today's meeting and for your continued support. Thank you. The conference has now concluded. You may all now disconnect.

Speaker 1: Good morning. I'm David Nanus, Chairman of EVgo's Board of Directors, and I am pleased to welcome you to EVgo's 2026 annual meeting of stockholders. It is now approximately 11:00 A.M. Eastern Time. I call this meeting to order. We're excited to be hosting our virtual annual meeting, which allows us to be more inclusive and reach a greater number of stockholders who are able to attend via the web portal. I would like to acknowledge the members of our Board of Directors in attendance today, as well as several members of our Executive Leadership, including our Chief Executive Officer, Badar Khan; our Chief Financial Officer, Keefer Lehner; and our Chief Legal Officer, EVP Corporate Development, and Corporate Secretary, Francine Sullivan. I would like to recognize Blaine Versaw, Amber Firth, and Melody Brown, who are here as representatives of KPMG, our independent registered public accounting firm. Good morning. good morning I'm David Nanus, Chairman of EVgo's Board of Directors, and I am pleased to welcome you to EVgo's 2026 annual meeting of stockholders. i'm david nanus chairman of evgo's board of directors and i am pleased to welcome you to evgo's 2026 annual meeting of stockholders It is now approximately 11:00 A.M. it is now approximately 11:00 a.m Eastern Time. eastern time I call this meeting to order. i call this meeting to order We're excited to be hosting our virtual annual meeting, which allows us to be more inclusive and reach a greater number of stockholders who are able to attend via the web portal. we're excited to be hosting our virtual annual meeting which allows us to be more inclusive and reach a greater number of stockholders who are able to attend via the web portal I would like to acknowledge the members of our Board of Directors in attendance today, as well as several members of our Executive Leadership, including our Chief Executive Officer, Badar Khan; our Chief Financial Officer, Keefer Lehner; and our Chief Legal Officer, EVP Corporate Development, and Corporate Secretary, Francine Sullivan. i would like to acknowledge the members of our board of directors in attendance today as well as several members of our executive leadership including our chief executive officer badar khan our chief financial officer keefer lehner and our chief legal officer evp corporate development and corporate secretary francine sullivan I would like to recognize Blaine Versaw, Amber Firth, and Melody Brown, who are here as representatives of KPMG, our independent registered public accounting firm. i would like to recognize blaine versaw amber firth and melody brown who are here as representatives of kpmg our independent registered public accounting firm I'll now turn the meeting over to Francine, who will preside over today's meeting and conduct proceedings, as well as act as secretary of the meeting. Francine. I'll now turn the meeting over to Francine, who will preside over today's meeting and conduct proceedings, as well as act as secretary of the meeting. i'll now turn the meeting over to francine who will preside over today's meeting and conduct proceedings as well as act as secretary of the meeting Francine. francine

Speaker 2: Thank you, David. I'd also like to welcome you to our virtual annual meeting and remind you that this meeting is being recorded. The inspector of elections for today's meeting is Chris Vico, and she has taken the oath of office, which I have directed to be filed with the company's records. EVgo's Board of Directors set March 19, 2026 as the record date for determining stockholders entitled to vote at this meeting. Notice of this meeting was duly given in accordance with the company's bylaws and Delaware law. We received an affidavit from Broadridge Financial Solutions certifying that the notice of the annual meeting and proxy statement were sent to stockholders on or about April 3, 2026. The affidavit is available for inspection by any stockholder and will be filed with the company's records. Thank you, David. thank you david I'd also like to welcome you to our virtual annual meeting and remind you that this meeting is being recorded. i'd also like to welcome you to our virtual annual meeting and remind you that this meeting is being recorded The inspector of elections for today's meeting is Chris Vico, and she has taken the oath of office, which I have directed to be filed with the company's records. the inspector of elections for today's meeting is chris vico and she has taken the oath of office which i have directed to be filed with the company's records EVgo's Board of Directors set March 19, 2026 as the record date for determining stockholders entitled to vote at this meeting. evgo's board of directors set march 19 2026 as the record date for determining stockholders entitled to vote at this meeting Notice of this meeting was duly given in accordance with the company's bylaws and Delaware law. notice of this meeting was duly given in accordance with the company's bylaws and delaware law We received an affidavit from Broadridge Financial Solutions certifying that the notice of the annual meeting and proxy statement were sent to stockholders on or about April 3, 2026. we received an affidavit from broadridge financial solutions certifying that the notice of the annual meeting and proxy statement were sent to stockholders on or about april 3 2026 The affidavit is available for inspection by any stockholder and will be filed with the company's records. the affidavit is available for inspection by any stockholder and will be filed with the company's records We are informed by the Inspector of Elections that holders of shares representing a majority of the total voting power of all issued and outstanding stock entitled to vote on the record date are present in person or represented by proxy. A quorum is therefore present for the purposes of transacting business. As set forth in the notice of the annual meeting, the matters to be considered at today's annual meeting are the election of three class two directors to serve until EVgo's 2029 annual meeting of stockholders and until their successors are duly elected. The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026. We are informed by the Inspector of Elections that holders of shares representing a majority of the total voting power of all issued and outstanding stock entitled to vote on the record date are present in person or represented by proxy. we are informed by the inspector of elections that holders of shares representing a majority of the total voting power of all issued and outstanding stock entitled to vote on the record date are present in person or represented by proxy A quorum is therefore present for the purposes of transacting business. a quorum is therefore present for the purposes of transacting business As set forth in the notice of the annual meeting, the matters to be considered at today's annual meeting are the election of three class two directors to serve until EVgo's 2029 annual meeting of stockholders and until their successors are duly elected. as set forth in the notice of the annual meeting the matters to be considered at today's annual meeting are the election of three class two directors to serve until evgo's 2029 annual meeting of stockholders and until their successors are duly elected The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026. the ratification of the selection of kpmg as evgo's independent registered public accounting firm for the fiscal year ending december 31 2026 The approval on a non-binding advisory basis of the compensation of our named executive officers, also known as Say on Pay, and the approval on a non-binding advisory basis of the frequency at which the Say on Pay vote at future annual meetings of stockholders will be held. The board of directors has recommended that stockholders vote for each of the three class two director nominees for the ratification of KPMG, for the approval of named executive officer compensation, and for a frequency of one year for the advisory Say on Pay vote. Under proposal one, directors are elected by a plurality of the votes validly cast. The three class two nominees receiving the most four votes will be elected. The approval on a non-binding advisory basis of the compensation of our named executive officers, also known as Say on Pay, and the approval on a non-binding advisory basis of the frequency at which the Say on Pay vote at future annual meetings of stockholders will be held. the approval on a non-binding advisory basis of the compensation of our named executive officers also known as say on pay and the approval on a non-binding advisory basis of the frequency at which the say on pay vote at future annual meetings of stockholders will be held The board of directors has recommended that stockholders vote for each of the three class two director nominees for the ratification of KPMG, for the approval of named executive officer compensation, and for a frequency of one year for the advisory Say on Pay vote. the board of directors has recommended that stockholders vote for each of the three class two director nominees for the ratification of kpmg for the approval of named executive officer compensation and for a frequency of one year for the advisory say on pay vote Under proposal one, directors are elected by a plurality of the votes validly cast. under proposal one directors are elected by a plurality of the votes validly cast The three class two nominees receiving the most four votes will be elected. the three class two nominees receiving the most four votes will be elected Proposals two and three, the ratification of KPMG and the advisory vote on named executive officer compensation, each require the affirmative vote of the majority of the voting power present virtually or by proxy and entitled to vote on the proposal. Proposal four asks stockholders to recommend the frequency of future Say on Pay votes. The option one year, two years, or three years that receives the highest number of votes cast will be deemed the frequency preferred by our stockholders. Legal notice having been given, this meeting is now convened and open for the transaction of business. It is approximately 11:05 A.M. Eastern time on May 14, 2026, I now declare the polls open for voting. Proposals two and three, the ratification of KPMG and the advisory vote on named executive officer compensation, each require the affirmative vote of the majority of the voting power present virtually or by proxy and entitled to vote on the proposal. proposals two and three the ratification of kpmg and the advisory vote on named executive officer compensation each require the affirmative vote of the majority of the voting power present virtually or by proxy and entitled to vote on the proposal Proposal four asks stockholders to recommend the frequency of future Say on Pay votes. proposal four asks stockholders to recommend the frequency of future say on pay votes The option one year, two years, or three years that receives the highest number of votes cast will be deemed the frequency preferred by our stockholders. the option one year two years or three years that receives the highest number of votes cast will be deemed the frequency preferred by our stockholders Legal notice having been given, this meeting is now convened and open for the transaction of business. legal notice having been given this meeting is now convened and open for the transaction of business It is approximately 11:05 A.M. it is approximately 11:05 a.m Eastern time on May 14, 2026, I now declare the polls open for voting. eastern time on may 14 2026 i now declare the polls open for voting Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. We will address stockholder questions received via the web portal. Please note we will attempt to answer as many questions as time allows, only questions that are germane to voting and the proposals before the meeting will be addressed. It looks as though we do not have any stockholder questions. The polls will close shortly. That everyone has had the opportunity to vote, I now declare the poll for EVgo's 2026 annual meeting of stockholders closed. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action We will address stockholder questions received via the web portal. we will address stockholder questions received via the web portal Please note we will attempt to answer as many questions as time allows, only questions that are germane to voting and the proposals before the meeting will be addressed. please note we will attempt to answer as many questions as time allows only questions that are germane to voting and the proposals before the meeting will be addressed It looks as though we do not have any stockholder questions. it looks as though we do not have any stockholder questions The polls will close shortly. the polls will close shortly That everyone has had the opportunity to vote, I now declare the poll for EVgo's 2026 annual meeting of stockholders closed. that everyone has had the opportunity to vote i now declare the poll for evgo's 2026 annual meeting of stockholders closed I've been advised by the Inspector of Elections that based on a preliminary tabulation of the votes, each of the three class two nominees for director have been duly elected. The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026 has been approved. The compensation of our named executive officers has been approved on a non-binding advisory basis, and one year has been approved as the frequency at which the Say on Pay vote will be held at future annual meetings of stockholders on a non-binding advisory basis. The final voting results will be tallied by the inspector of elections and subsequently announced in accordance with the requirements of the Securities and Exchange Commission. This concludes EVgo's 2026 annual meeting of stockholders. I've been advised by the Inspector of Elections that based on a preliminary tabulation of the votes, each of the three class two nominees for director have been duly elected. i've been advised by the inspector of elections that based on a preliminary tabulation of the votes each of the three class two nominees for director have been duly elected The ratification of the selection of KPMG as EVgo's independent registered public accounting firm for the fiscal year ending December 31, 2026 has been approved. the ratification of the selection of kpmg as evgo's independent registered public accounting firm for the fiscal year ending december 31 2026 has been approved The compensation of our named executive officers has been approved on a non-binding advisory basis, and one year has been approved as the frequency at which the Say on Pay vote will be held at future annual meetings of stockholders on a non-binding advisory basis. the compensation of our named executive officers has been approved on a non-binding advisory basis and one year has been approved as the frequency at which the say on pay vote will be held at future annual meetings of stockholders on a non-binding advisory basis The final voting results will be tallied by the inspector of elections and subsequently announced in accordance with the requirements of the Securities and Exchange Commission. the final voting results will be tallied by the inspector of elections and subsequently announced in accordance with the requirements of the securities and exchange commission This concludes EVgo's 2026 annual meeting of stockholders. this concludes evgo's 2026 annual meeting of stockholders On behalf of EVgo's board of directors and its employees, I want to thank you for attending today's meeting and for your continued support. On behalf of EVgo's board of directors and its employees, I want to thank you for attending today's meeting and for your continued support. on behalf of evgo's board of directors and its employees i want to thank you for attending today's meeting and for your continued support

Speaker 3: Thank you. The conference has now concluded. You may all now disconnect. Thank you. thank you The conference has now concluded. the conference has now concluded You may all now disconnect. you may all now disconnect