EVgo Receives $2-Per-Share Buyout Offer From LS Power

• LS Power proposed acquiring all EVgo Class A common stock it does not own for $2 per share in cash.
• LS Power currently holds approximately 56% of the combined voting power of outstanding common stock.
• A special committee of independent, disinterested directors will evaluate the proposal. No decision has been made on a response.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EVgo Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611021545PRIMZONEFULLFEED9868447) on November 02, 2026, and is solely responsible for the information contained therein.