Solid Power, Inc. (NASDAQ:SLDP) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET Company Participants Jennifer Almquist - IR Dave Jansen - CEO Kevin Paprzycki - CFO Conference Call Participants P.J. Juvekar - Citi Brian Dobson - Chardan Capital Markets David Johnson - D.A. Davidson Operator Greetings. Welcome to the Solid Power, Inc. Full Year 2022 Financial Results and Business Update Call. Please note that this conference is being recorded. I will turn the conference over to your host, Jennife ...

PART I. FINANCIAL INFORMATION [Item 1. Financial Statements](index=7&type=section&id=Item%201.%20Financial%20Statements) This section presents Solid Power, Inc.'s unaudited condensed consolidated financial statements, covering balance sheets, operations, cash flows, and accounting notes [Condensed Consolidated Balance Sheets](index=7&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets decreased slightly to $597.8 million, driven by reduced cash, while liabilities decreased to $44.8 million due to lower warrant liabilities Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | September 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Total Assets** | **$597,779** | **$617,680** | | Cash and cash equivalents | $97,700 | $513,447 | | Marketable securities & Long-term Investments | $409,873 | $75,885 | | Property, Plant and Equipment, net | $74,381 | $22,082 | | **Total Liabilities** | **$44,828** | **$59,015** | | Warrant Liabilities | $21,837 | $50,020 | | **Total Stockholders' Equity** | **$552,951** | **$558,665** | [Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Income%20(Loss)) Q3 revenue increased to $2.8 million, but operating loss widened to $15.6 million; nine-month net loss narrowed to $9.1 million due to warrant liability fair value change Statement of Operations Highlights (in thousands) | Metric | Q3 2022 | Q3 2021 | Nine Months 2022 | Nine Months 2021 | | :--- | :--- | :--- | :--- | :--- | | Revenue | $2,813 | $628 | $7,591 | $1,669 | | Total operating expenses | $18,412 | $9,109 | $49,199 | $20,492 | | Operating loss | $(15,599) | $(8,481) | $(41,608) | $(18,823) | | Change in fair value of warrant liabilities | $0 | $0 | $28,183 | $0 | | Net loss | $(12,399) | $(8,450) | $(9,076) | $(24,864) | | Net loss per share | $(0.07) | $(0.08) | $(0.05) | $(0.28) | [Condensed Consolidated Statements of Cash Flows](index=10&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operations increased to $30.5 million, investing activities surged to $385.8 million, leading to a significant decrease in cash to $97.7 million Cash Flow Summary (in thousands) | Activity | Nine Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2021 | | :--- | :--- | :--- | | Net cash used in operating activities | $(30,486) | $(18,033) | | Net cash used in investing activities | $(385,782) | $(6,762) | | Net cash provided by financing activities | $521 | $129,093 | | **Net decrease in cash** | **$(415,747)** | **$104,298** | | Cash at end of period | $97,700 | $109,272 | [Notes to Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail the company's all-solid-state battery business, reverse recapitalization, property and equipment investments, fair value measurements, and stock-based compensation - The company is developing **all-solid-state battery cell technology** for EVs, planning to license its technology and sell its sulfide-based solid electrolyte[30](index=30&type=chunk) - The December 2021 business combination with DCRC was accounted for as a **reverse recapitalization**, with Legacy Solid Power as the accounting acquirer[32](index=32&type=chunk)[45](index=45&type=chunk) - Net property, plant, and equipment increased to **$74.4 million** from **$22.1 million**, driven by expanded electrolyte production and a second EV cell pilot line[49](index=49&type=chunk)[50](index=50&type=chunk)[51](index=51&type=chunk) - Total stock-based compensation expense for the nine months ended September 30, 2022, was **$6.5 million**, a significant increase from **$1.0 million** in the prior year[84](index=84&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=30&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's all-solid-state battery development, operational updates including cell shipments and facility expansion, and financial results highlighting revenue growth, increased expenses, and liquidity [Overview](index=30&type=section&id=Overview) Solid Power is developing all-solid-state battery cells for EVs, shipping 20 Ah cells to OEMs, expanding electrolyte production, and pursuing a 'capital light' licensing and sales model - The company began shipping **20 Ah cells** to automotive OEM partners for initial testing during Q3 2022[108](index=108&type=chunk) - Construction is underway for a second facility in Thornton, CO, to expand sulfide-based electrolyte production, expected to begin operations in **Q1 2023**[108](index=108&type=chunk) - The business model involves licensing cell designs and selling its proprietary sulfide-based solid electrolyte, aiming for a **'capital light' strategy**[110](index=110&type=chunk)[112](index=112&type=chunk) [Results of Operations](index=34&type=section&id=Results%20of%20Operations) Nine-month revenue increased by 355% to $7.6 million, but operating expenses grew 140% to $49.2 million, resulting in a $41.6 million operating loss, though net loss improved to $9.1 million due to warrant liabilities Comparison of Operating Results (in thousands) | Metric | Nine Months 2022 | Nine Months 2021 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | Revenue | $7,591 | $1,669 | $5,922 | 355% | | Research and development | $24,811 | $10,709 | $14,102 | 132% | | General and administrative | $13,212 | $6,200 | $7,012 | 113% | | Total operating expenses | $49,199 | $20,492 | $28,707 | 140% | | Operating Loss | $(41,608) | $(18,823) | $(22,785) | 121% | | Net loss | $(9,076) | $(24,864) | $15,778 | (63)% | - The increase in operating loss was driven by higher **R&D costs** from expanded development efforts and increased **G&A costs** related to being a public company[127](index=127&type=chunk) [Liquidity and Capital Resources](index=37&type=section&id=Liquidity%20and%20Capital%20Resources) Total liquidity was $507.6 million, deemed sufficient for the next 12 months, with significant capital expenditures planned for the new electrolyte production facility Total Liquidity (in thousands) | Component | September 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Cash and cash equivalents | $97,700 | $513,447 | | Marketable securities | $270,839 | $75,885 | | Long-term investments | $139,034 | $0 | | **Total liquidity** | **$507,573** | **$589,332** | - Management believes current liquidity is sufficient to meet operating and capital needs for at least the **next 12 months**[130](index=130&type=chunk) - Significant capital expenditures for the next 12 months will be for the construction of the **second production facility** in Thornton, Colorado[129](index=129&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=39&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes to the company's market risk occurred during Q3 2022, consistent with prior disclosures in the Annual Report on Form 10-K - There have been **no material changes** to the Company's market risk during the third quarter of 2022[139](index=139&type=chunk) [Item 4. Controls and Procedures](index=39&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls were effective as of September 30, 2022, with no material changes to internal controls, and ongoing remediation of a prior material weakness - Management concluded that as of September 30, 2022, the company's **disclosure controls and procedures were effective**[140](index=140&type=chunk) - The company is continuing to remediate a **material weakness** in internal control over financial reporting, with completion expected by the **end of 2022**[141](index=141&type=chunk) PART II. OTHER INFORMATION [Item 1. Legal Proceedings](index=41&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently involved in any legal proceedings likely to have a material adverse effect on its business - The company is **not currently involved** in any legal proceedings expected to have a material adverse effect on the business[144](index=144&type=chunk) [Item 1A. Risk Factors](index=41&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors have occurred since the filing of its 2021 Annual Report on Form 10-K - There have been **no material changes** to the company's risk factors since its 2021 Annual Report on Form 10-K[145](index=145&type=chunk) [Item 6. Exhibits](index=42&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including certifications by the CEO and CFO, and XBRL data files - The report includes a list of filed exhibits, such as the **Business Combination Agreement**, corporate governance documents, and required certifications[147](index=147&type=chunk)

Financial Data and Key Metrics Changes - The company generated third quarter revenue of $2.8 million, bringing year-to-date revenue to $7.6 million [25] - Operating expenses for the third quarter were $18.4 million, reflecting increased direct program costs and investments in operational support [26] - The operating loss for the third quarter was $15.6 million, with a net loss of $12.4 million [26] - Total liquidity at the end of the quarter was just over $507 million, consisting of cash, marketable securities, and long-term investments [27] Business Line Data and Key Metrics Changes - The company delivered over 150 units of 20 amp-hour cells to automotive partners, including Ford and BMW, with additional orders confirmed during the quarter [8][9] - Production of 20 amp-hour cells faced challenges with lower initial yields due to increased production volumes, but improvements were noted towards the end of the quarter [10][15] - The company did not produce any EV cells during the third quarter but began initial builds in the following weeks, with expectations to ramp up production [17] Market Data and Key Metrics Changes - The company is experiencing tightening in the labor market, impacting hiring timelines for battery scientists, engineers, and technicians [13] - The construction of the electrolyte production facility is nearing completion, with expectations to begin powder production in early 2023 [20][23] Company Strategy and Development Direction - The company remains focused on long-term goals, aiming to become a leader in solid-state battery technology [31] - There is a strategic shift towards optimizing production processes and addressing yield challenges as the company scales up production [11][14] - The company is also exploring benefits from the Inflation Reduction Act, which may provide direct tax credits related to production and investment in facilities [39] Management's Comments on Operating Environment and Future Outlook - Management acknowledged operational challenges but expressed optimism about the demand for 20 amp-hour cells and the potential for future improvements [15][19] - The company is committed to achieving A-sample qualification by the end of the year, although this may slip into early 2023 [18][51] - Management emphasized the importance of executing their operational plans despite external headwinds [54] Other Important Information - The company plans to push out around $25 million of capital expenditures from 2022 into 2023, adjusting total projected CapEx for the year to around $75 million to $80 million [29][30] - The electrolyte production facility's construction is complete, and the company is preparing for the installation of production equipment [22][24] Q&A Session Summary Question: Initial yields and cash needs for ramping up 20 amp-hour cells - Management does not anticipate needing additional capital to address yield challenges, emphasizing that lower yields were expected during the transition to larger cell production [34][35] Question: Labor availability and proactive steps taken - Management is implementing dual shifts in operations to optimize current staff and is exploring various strategies to attract specialized labor [36] Question: Impact of the Inflation Reduction Act on the company - Management is optimistic about both direct and indirect benefits from the Inflation Reduction Act, particularly regarding production and investment tax credits [39][40] Question: Performance of 20 amp-hour cells and partner feedback - Partners have shown encouragement with the performance of 20 amp-hour cells, leading to increased orders, although this has shifted focus away from EV cell production [46][47] Question: Production goals and supply chain outlook - Management confirmed that there are no changes to the development plan, with goals to enter the A-sample phase by the end of the year or early 2023 [51]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-40284 SOLID POWER, INC. (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

Financial Data and Key Metrics Changes - The company generated second quarter revenue of $2.6 million, bringing year-to-date revenue to $4.8 million, which is at the high end of the previous full year guidance range [19] - Operating expenses for the second quarter were $17.3 million, reflecting increased direct program costs driven by higher revenues [20] - The company recognized a gain of $27.5 million based on the market value change of warrant liabilities, resulting in a net income of $13.7 million despite an operating loss of $14.7 million [21] - Total liquidity at the end of the quarter was just over $534 million, consisting of cash, marketable securities, and long-term investments [22] Business Line Data and Key Metrics Changes - The company is on track to deliver 20 amp hour cells to Ford and BMW in the third quarter for initial testing, marking a significant step towards full-scale EV cell production [8][9] - The EV cell pilot line has been completed and is dedicated to the production of full-scale EV cell designs, with expectations to enter the A sample validation phase later this year [11][12] - Construction of the electrolyte production facility is progressing well, although there are delays due to supply chain challenges, with powder production now expected to begin in the first quarter of 2023 [14][15] Market Data and Key Metrics Changes - The company is experiencing supply chain challenges that have affected equipment delivery times, but it has managed to increase electrolyte production at its Louisville facility to meet near-term needs [14][15] - The company anticipates that the slight delay in the start of production at the electrolyte facility will not impact its cell development and delivery timeline [15] Company Strategy and Development Direction - The company is focused on strengthening its technology, development, and production capabilities while delivering shareholder value [29] - Plans are in place for an event in the first half of 2023 to showcase new operational capabilities and technology advancements [17] Management's Comments on Operating Environment and Future Outlook - Management expressed pride in the team's ability to manage supply chain challenges while keeping development plans largely on track [18][28] - The company expects total revenue for 2022 to exceed its guidance range, with a projected ending liquidity of $420 million to $440 million [26] Other Important Information - The company is executing its operational and development plans in line with projections, with cash used in operations during the first half of 2022 just under $23 million [22][23] Q&A Session Summary Question: Are OEMs looking for multiple solid-state sources? - Management indicated that while they cannot speak to specific strategies of existing partners, there is a general trend among OEMs to avoid sole sourcing, particularly for lithium-ion technology [32] Question: Has inflation changed the expense outlook or capital expenditure view? - Management stated that inflation has not significantly impacted the expense outlook, with minor fluctuations being managed effectively [33]

PART I. FINANCIAL INFORMATION [Financial Statements](index=8&type=section&id=Item%201.%20Financial%20Statements) Solid Power reported increased revenue but a wider operating loss in Q1 2022, maintaining strong liquidity with **$450.4 million** cash [Condensed Consolidated Balance Sheets](index=8&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets slightly decreased to **$613.5 million** as of March 31, 2022, while total liabilities increased to **$63.6 million** Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $450,405 | $513,447 | | Marketable securities | $102,910 | $75,885 | | Total current assets | $557,873 | $594,377 | | Property, Plant and Equipment, net | $34,978 | $22,082 | | **Total assets** | **$613,491** | **$617,680** | | **Liabilities & Equity** | | | | Total current liabilities | $6,477 | $8,366 | | Warrant Liabilities | $49,310 | $50,020 | | **Total liabilities** | **$63,646** | **$59,015** | | **Total stockholders' equity** | **$549,845** | **$558,665** | [Condensed Consolidated Statements of Operations and Comprehensive Loss](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) Q1 2022 revenue increased to **$2.2 million**, but operating expenses rose to **$13.5 million**, resulting in an **$11.3 million** operating loss Condensed Consolidated Statements of Operations (in thousands, except per share amounts) | Metric | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Revenue | $2,196 | $480 | | Total operating expenses | $13,508 | $4,773 | | Operating Loss | $(11,312) | $(4,293) | | Net Loss | $(10,344) | $(7,141) | | Net loss per share – Basic and Diluted | $(0.06) | $(0.10) | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operating activities increased to **$14.4 million** in Q1 2022, with **$48.9 million** used in investing activities Condensed Consolidated Statements of Cash Flows (in thousands) | Activity | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net cash used in operating activities | $(14,369) | $(3,643) | | Net cash used in investing activities | $(48,881) | $(97) | | Net cash provided by financing activities | $208 | $5,546 | | **Net (Decrease) Increase in Cash** | **$(63,042)** | **$1,806** | | Cash at end of period | $450,405 | $6,780 | [Notes to Condensed Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail the company's all-solid-state battery technology, production expansion, new lease accounting, and increased stock-based compensation - The company is developing all-solid-state battery cell technology for the EV market, with a business model focused on licensing designs and selling its sulfide-based solid electrolyte. As of March 31, 2022, it has not derived material revenue from these principal activities[32](index=32&type=chunk) - The company is expanding its production capabilities with two major projects: a second cell-production line to produce larger EV-scale cells and a second facility to scale up sulfide-based solid electrolyte production. Both are expected to be completed in 2022[54](index=54&type=chunk)[55](index=55&type=chunk) - On January 1, 2022, the company adopted the new lease accounting standard (Topic 842), resulting in the recognition of a right-of-use asset of **$7.9 million** and a lease liability of **$8.2 million** on the balance sheet[43](index=43&type=chunk) - Stock-based compensation expense increased to **$1.6 million** for Q1 2022, compared to just **$70,000** in Q1 2021[89](index=89&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=34&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's development-stage all-solid-state battery technology, increased operating expenses, and strong liquidity position of **$564 million** - The company is developing its All-Solid-State Platform with the goal of outperforming traditional lithium-ion batteries in driving range, battery life, safety, and cost[112](index=112&type=chunk)[114](index=114&type=chunk) - The business model involves licensing all-solid-state battery cell designs and selling proprietary sulfide-based solid electrolyte material, which the company believes is a 'capital light' approach compared to in-house battery production[113](index=113&type=chunk)[117](index=117&type=chunk) - The company is constructing an EV cell pilot line to produce 60 to 100 Ah cells, with production for internal testing expected to begin in Q3 2022. A second facility for expanded electrolyte production is expected to come online in the second half of 2022[111](index=111&type=chunk) - As of March 31, 2022, the company had total liquidity of **$564 million**, comprising cash, cash equivalents, marketable securities, and long-term investments. Management believes this is sufficient to fund operations and capital needs for at least the next 12 months[137](index=137&type=chunk)[140](index=140&type=chunk) [Results of Operations](index=39&type=section&id=Results%20of%20Operations) Q1 2022 revenue increased by **358%** to **$2.2 million**, while total operating expenses rose **183%** to **$13.5 million**, widening the operating loss Comparison of Operating Results (in thousands) | ($ in thousands) | 2022 | 2021 | Change | % | | :--- | :--- | :--- | :--- | :--- | | Revenue | $ 2,196 | $ 480 | $ 1,716 | 358 % | | Research and development | 6,661 | 3,106 | 3,555 | 114 % | | General and administrative | 4,022 | 597 | 3,425 | 574 % | | Total operating expenses | 13,508 | 4,773 | 8,735 | 183 % | | Operating Loss | (11,312) | (4,293) | (7,019) | (163)% | [Liquidity and Capital Resources](index=41&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains strong liquidity of **$564 million** as of March 31, 2022, sufficient to fund operations and planned capital expenditures for at least 12 months - Cash used in operating activities increased to **$14.4 million** in Q1 2022 from **$3.6 million** in Q1 2021, primarily due to higher R&D and G&A expenses[143](index=143&type=chunk)[144](index=144&type=chunk) - Cash used in investing activities increased to **$48.9 million** in Q1 2022 from **$0.1 million** in Q1 2021, driven by capital expenditures for manufacturing equipment and purchases of marketable securities[143](index=143&type=chunk)[145](index=145&type=chunk) - The most significant anticipated capital expenditures for 2022 relate to the construction of a second production facility in Thornton, CO, and the installation of the EV cell pilot line[138](index=138&type=chunk)[139](index=139&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=43&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes to the company's market risk have occurred during the first quarter of 2022 - There have been no material changes to the Company's market risk during the first quarter of 2022[150](index=150&type=chunk) [Controls and Procedures](index=43&type=section&id=Item%204.%20Controls%20and%20Procedures) Disclosure controls were effective as of March 31, 2022, while remediation of a material weakness in internal control is ongoing, expected by year-end 2022 - The principal executive officer and principal financial officer concluded that disclosure controls and procedures were effective as of March 31, 2022[151](index=151&type=chunk) - The company continues to work on remediating the material weakness in internal control over financial reporting identified in its 2021 Form 10-K, with an expected completion by the end of 2022[152](index=152&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=44&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently involved in any legal proceedings expected to have a material adverse effect on its business - The company is not currently involved in any legal proceedings that are likely to have a material adverse effect on the business[155](index=155&type=chunk) [Risk Factors](index=44&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors have occurred since the filing of its 2021 Annual Report on Form 10-K - No material changes have occurred to the company's risk factors since the Annual Report on Form 10-K for the year ended December 31, 2021[156](index=156&type=chunk) [Other Information](index=44&type=section&id=Item%205.%20Other%20Information) The Compensation Committee approved executive base salary increases, a **50%** annual cash bonus target, and new long-term incentive awards of RSUs and stock options 2022 Executive Base Salary Adjustments | Executive | Base Salary | | :--- | :--- | | Douglas Campbell (CEO) | $340,000 | | David B. Jansen (President) | $335,000 | | Kevin Paprzycki (CFO) | $335,000 | | Jon Jacobs (CMO) | $305,000 | - An annual cash bonus target was established at **50%** of the base salary for the covered executives for the 2022 performance period[159](index=159&type=chunk) Long Term Incentive Compensation Awards (Target Dollar Values) | Executive | Total Value | RSUs | Options | | :--- | :--- | :--- | :--- | | Douglas Campbell | $3,000,000 | $1,500,000 | $1,500,000 | | David B. Jansen | $1,500,000 | $750,000 | $750,000 | | Kevin Paprzycki | $1,200,000 | $600,000 | $600,000 | | Jon Jacobs | $725,000 | $362,500 | $362,500 | - The new RSU and Option grants will vest in four equal annual installments, beginning on the first anniversary of the grant date[161](index=161&type=chunk) [Exhibits](index=47&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including corporate governance documents and officer certifications - A list of exhibits filed with the report is provided, including certifications by the CEO and CFO (Exhibits 31.1, 31.2, 32.1, 32.2) and corporate governance documents[165](index=165&type=chunk)

Solid Power, Inc. (NASDAQ:SLDP) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Participants Jennifer Almquist - Director of IR Douglas Campbell - CEO Kevin Paprzycki - CFO Conference Call Participants Vikram Bagri - Needham & Company Operator Good day and welcome to the Solid Power Inc. First Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded. I'd now like to turn the conference over to Jennifer Almquist, Investor Relations. Please ...

Full Year 2021 Earnings Call March 22, 2022 Disclaimer Cautionary Note Regarding Forward–Looking Statements This presentation (this "Presentation") 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. All statements (other than statements of present or historical fact included in this Presentation), including Solid Power's path to commercialization, expected product design capabi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-40284 SOLID POWER, INC. (Exact name of registrant as specified in its charter) Delaware 86-1888095 (State or ...

Solid Power, Inc. (NASDAQ:SLDP) Q4 2021 Earnings Conference Call March 14, 2022 5:00 PM ET Company Participants Jennifer Almquist - Director of IR Douglas Campbell - CEO Kevin Paprzycki - CFO Conference Call Participants Mike Shlisky - D.A. Davidson Gabe Daoud - Cowen David Bell - Wolfe Research Vikram Bagri - Needham & Company Operator Greetings, and welcome to the Solid Power Fourth Quarter and Year-End 2021 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is n ...