Solid Power adopts new severance and change-in-control plans with enhanced benefits for CEO and executives

Solid Power, Inc.

Board split prior plan into Severance Plan and Executive CIC Severance Plan, effective Oct 31 and Nov 19, 2025.
CEO (Group 1): non-CIC severance = 12 months base salary plus prorated bonus; CIC severance = 24 months base plus 1.5x bonus.
Other executive officers (Group 2): non-CIC = 9 months base; CIC = 12 months base plus 1x bonus and full equity acceleration.
All benefits contingent on signed release and compliance with confidentiality; CIC plan requires non-compete and non-solicit.
Plans supersede the August 2021 Prior Plan; no tax gross-ups provided for any participant.

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