Stem(STEM) - 2023 Q4 - Annual Results

Exhibit 99 Stem Announces Fourth Quarter and Full Year 2023 Results Achieved Key Milestone with Positive Adjusted EBITDA in Q4 and 2H23 Expect to Generate at Least $50 million of Operating Cash Flow in 2024 Awarded PowerBidder Pro Contract by Mercuria Energy Trading TM Outlook Fourth Quarter and Full Year 2023 Financial and Operating Highlights Financial Highlights – Fourth Quarter 2023 Financial Highlights - Full Year 2023 Operating Highlights – Fourth Quarter 2023 and Full Year 2023 SAN FRANCISCO – Februa ...