Stem Inc. (Star Peak Energy Transition)

We are a newly formed blank check company. We intend to focus our efforts primarily on identifying businesses seeking to be a market leader in, and/or benefit from the increasing global initiatives to improve the efficiency of our energy ecosystems and reduce emissions, which we refer to as the “Energy Transition”. We have identified several trends of potential interest including renewable energy generation, bio fuels, carbon capture, hydrogen technologies, fuel cells, electric vehicle infrastructure, transportation, mobility, energy transportation and storage and other Energy Transition technologies. We may also pursue companies that operate in the conventional energy sector but have business strategies that are likely to benefit from the Energy Transition. We will seek to capitalize on our management team’s decades of combined investment experience to generate attractive risk-adjusted returns for our stockholders. Notwithstanding the foregoing, our efforts on identifying a prospective target company or business will not be limited to a particular industry.