Amprius Welcomes Transportation Industry Expert Tony Satterthwaite to Board of Directors

Amprius Technologies, a leading innovator in next-generation lithium-ion batteries with its Silicon Anode Platform, has appointed Livingston “Tony” Satterthwaite as an independent director to its Board of Directors, effective August 13, 2024. In addition to his role on the Board, Mr. Satterthwaite will also serve on the Board’s Compensation Committee.

Tony Satterthwaite is a seasoned industry professional with over 30 years of experience in the transportation and power generation sectors. His extensive expertise will be invaluable in guiding the Company’s product development and customer engagement strategies within the transportation industry.

“On behalf of the leadership team at Amprius, I am delighted to welcome Tony Satterthwaite to our Board of Directors,” said Don Dixon, Chairman of the Board. “Tony’s deep experience in brand building and addressing customer needs across power generation, electric vehicles (EVs), and the broader transportation markets makes him an outstanding addition to our Board. We are excited to benefit from Tony’s leadership and vision as Amprius continues its mission to revolutionize the electric mobility industry.”

“As the electric mobility sector rapidly evolves, the importance of strategic relationships and a differentiated customer approach is paramount,” said Tony Satterthwaite. “I am thrilled to join Amprius’ Board of Directors and am eager to contribute to the advancement of our cutting-edge battery technology. I look forward to collaborating with the leadership team to develop strategies that enhance customer satisfaction and accelerate the Company’s growth.”

In September 2023, Mr. Satterthwaite was appointed as one of the inaugural members of Amprius’ Advisory Council, which provides the Company with crucial multi-industry insights and advises senior management through the next phase of growth. Additionally, he serves as a Director of IDEX Corporation (NYSE: IEX), The Chemours Company (NYSE: CC), the National Association of Manufacturers, and the Cummins Foundation. Mr. Satterthwaite is currently a Senior Vice President at Cummins, Inc., a global power solutions provider, where he is responsible for addressing large enterprise challenges and aligning business units across IT and digital products and services.

Meanwhile, Mary Gustanski, who has been a member of the Amprius Board since June 2023, stepped down from her position effective August 12, 2024. Amprius extends its gratitude to Ms. Gustanski for her contributions during her tenure. Following these changes, the Amprius Board will consist of seven directors, six of whom are independent.

For more information, please refer to the Form 8-K filed with the U.S. Securities and Exchange Commission on August 14, 2024, available in the Investor Relations section of the Company’s website.

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