Bloom Energy Appoints Simon Edwards as New Chief Financial Officer

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Mr. Edwards, a seasoned finance executive with extensive experience in scaling technology companies, will be responsible for leading the company's global financial operations. His prior roles include serving as CEO and CFO of Groq, Inc., and CFO positions at Conga Corporation and ServiceMax, Inc. Mr. Edwards' compensation includes an annual base salary of $550,000, a target annual incentive bonus of 70% of his base salary, and equity grants. The appointment is part of Bloom Energy's strategy to address the growing demand for reliable and cost-effective power solutions in the digital economy.

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About Bloom Energy Corporation

Bloom Energy Corporation focuses on providing advanced energy solutions through the development and manufacture of innovative solid oxide fuel cells. These fuel cells are part of a proprietary system known as the Bloom Energy Server, which transforms natural gas or biogas into electricity efficiently and cleanly. Aimed primarily at large-scale commercial and industrial clients, Bloom Energy not only enables businesses to generate their own on-site electricity but also supports sustainability goals by significantly reducing emissions compared to traditional energy sources. Founded in 2001 and headquartered in San Jose, California, the company plays a critical role in the shift towards clean energy, impacting sectors such as technology, healthcare, and retail. Bloom Energy's solutions promote energy independence and resilience by offering reliable power that is less susceptible to grid disruptions, underscoring its importance in the modern energy landscape.