Eos Energy Enterprises Appoints Nathaniel Fick to Board of Directors

Key Highlights for Investors

• Appointment of Nathaniel Fick as Independent Director: Eos Energy Enterprises, Inc. (NASDAQ: EOSE) announced the appointment of Nathaniel (Nate) Fick to its Board of Directors as an independent Common Class III director, effective March 24, 2026.
• Board Expansion and Committee Assignment: With this appointment, the Board now consists of eleven directors. Mr. Fick will also serve on the Nominating and Corporate Governance Committee.
• Background of Nathaniel Fick: Mr. Fick brings extensive leadership experience in national security, technology, cybersecurity, artificial intelligence (AI), and complex infrastructure—areas increasingly relevant as energy storage becomes a critical part of the grid. He is currently Chief Strategy Officer for Equities and Senior Managing Director at Cerberus Capital Management. Previously, he served as the inaugural U.S. Ambassador-at-Large for Cyberspace & Digital Policy (2023-2025), former CEO of cybersecurity firm Endgame, and oversaw integration into Elastic.
• Governance and Compensation: Mr. Fick is not being appointed as a result of any arrangement with the company or any third party, and there are no transactions between him and the company that require disclosure. He will not be compensated for his service on the Board in accordance with his current employer’s policies.
• Indemnification Agreement: The company will enter into an indemnification agreement with Mr. Fick on the same terms as other directors. This agreement protects directors from certain expenses, including attorneys’ fees, judgments, fines, and settlement amounts incurred as a result of their service to the company.

Details of the Announcement

On March 24, 2026, Eos Energy Enterprises, Inc. (“Company”) took a significant step to reinforce its leadership team by appointing Nathaniel Fick, age 48, to the Board of Directors as an independent Common Class III director. Mr. Fick’s term will last until the Company’s 2026 annual meeting. If elected by shareholders at that meeting, he will serve a three-year term or until his successor is elected and qualified.

Mr. Fick’s extensive experience in national security, cybersecurity, digital infrastructure, and emerging technologies is expected to strengthen Eos’s strategic positioning as battery energy storage becomes increasingly central to grid operations. In his most recent role, Fick was Chief Strategy Officer for Equities and Senior Managing Director at Cerberus Capital Management. Notably, he also served as the inaugural U.S. Ambassador-at-Large for Cyberspace & Digital Policy between 2023 and 2025, leading international engagement on cybersecurity and emerging technology policy.

Prior to public service, Fick was CEO of Endgame, a cybersecurity company, overseeing its acquisition and integration into Elastic. His background also includes military and technology sector leadership roles.

In accordance with the policies of his employer, Mr. Fick will not receive compensation for serving on the Eos Board. The company will, however, provide him with an indemnification agreement, standard for all its directors, covering certain legal expenses and liabilities that may arise from his board service.

Potential Implications for Shareholders

• Strategic Value: The appointment of a director with deep expertise in cybersecurity, AI, and technology signals Eos’s commitment to addressing operational and digital risks as it scales its energy storage solutions. This could position the company to benefit from growing demand for secure, scalable, and resilient energy storage infrastructure.
• Corporate Governance: Adding Mr. Fick to the Nominating and Corporate Governance Committee may enhance transparency and best practices, which are increasingly important to institutional investors.
• Market Sentiment: Given Mr. Fick’s high-profile background and the relevance of his expertise to the energy storage industry’s future, this appointment could be viewed positively by the market and may influence share value, particularly among investors focused on governance and technology integration.
• No Immediate Financial Impact: There are no related party transactions or compensation arrangements connected to this appointment, and the indemnification agreement is standard practice, so there is no immediate direct financial impact.

Exhibits and Additional Information

• Form of Indemnification Agreement: Incorporated by reference to Exhibit 10.13 to the Current Report on Form 8-K filed by Eos Energy Enterprises, Inc. on November 20, 2020.
• Press Release: The company issued a press release dated March 26, 2026, officially announcing Mr. Fick’s appointment and providing further background on his qualifications and the company’s strategic direction.

About Eos Energy Enterprises

Eos Energy Enterprises, Inc. is a leading American innovator in zinc-based battery energy storage systems (BESS). The company’s BESS leverages its proprietary Znyth™ technology, offering a safe, stable, scalable, and non-flammable alternative to traditional lithium-ion solutions. Eos’s systems are targeted at utility-scale, microgrid, commercial, and industrial applications, providing flexible and long-duration storage (4 to 16+ hours) to address future grid demand and complexity.

Forward-Looking Statements

This announcement contains forward-looking statements, including expectations regarding the impact of Mr. Fick’s appointment and the company’s strategic direction. Actual results may differ materially due to various risks and uncertainties, including economic conditions, supply chain disruptions, regulatory changes, and the company’s ability to execute its business plan. For further information, refer to Eos’s filings with the Securities and Exchange Commission.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own due diligence and consult with their financial advisors before making investment decisions. The author and publisher assume no responsibility for any actions taken based on the information provided above.

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