Forward Looking Statements
The information herein includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including DCRCs or Solid Powers or their management teams expectations, hopes, beliefs, intentions or strategies regarding the future. All statements, other than
statements of present or historical fact included herein, regarding DCRCs proposed acquisition of Solid Power, DCRCs ability to consummate the transaction, the benefits of the transaction and the combined companys future financial
performance, as well as the combined companys strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used
herein, the words could, should, will, may, believe, anticipate, intend, estimate, expect, project, the negative of such terms
and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on managements current expectations and
assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, DCRC and Solid Power disclaim any duty to update any forward-looking
statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. DCRC and Solid Power caution you that these forward-looking statements are subject to numerous risks and
uncertainties, most of which are difficult to predict and many of which are beyond the control of either DCRC or Solid Power. In addition, DCRC cautions you that the forward-looking statements contained herein are subject to the following factors:
(i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted
against DCRC or Solid Power following announcement of the transactions; (iii) the inability to complete the business combination due to the failure to obtain approval of the stockholders of DCRC, or other conditions to closing in the
transaction agreement; (iv) the risk that the proposed business combination disrupts DCRCs or Solid Powers current plans and operations as a result of the announcement of the transactions; (v) Solid Powers ability to
realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Solid Power to grow and manage growth profitably following the business combination; (vi) costs related
to the business combination; (vii) changes in applicable laws or regulations; (viii) rollout of Solid Powers business plan and the timing of expected business milestones, (ix) the effects of competition on Solid Powers
business, (x) supply shortages in the materials necessary for the production of Solid Powers products, (xi) risks related to original equipment manufacturers and other partners being unable or unwilling to initiate or continue
business partnerships on favorable terms, (xii) the termination or reduction of government clean energy and electric vehicle incentives, (xiii) delays in the construction and operation of production facilities, (xiv) the amount of
redemption requests made by DCRCs public stockholders, (xv) changes in domestic and foreign business, market, financial, political and legal conditions, and (xvi) the possibility that Solid Power may be adversely affected by other
economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described herein, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any
forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in DCRCs periodic filings with the SEC, including DCRCs final prospectus
for its initial public offering filed with the SEC on March 25, 2021, and the Registration Statement filed in connection with the business combination. DCRCs SEC filings are available publicly on the SECs website at
www.sec.gov.