DCRDU Decarbonization Plus Acquisition Corporation IV

On March 8, 2022, Erik Anderson, chief executive officer and member of the board of directors (the “Board”) of Decarbonization Plus Acquisition Corporation IV (the “Company”), notified the Company of his resignation from his role as chief executive officer, effective immediately. On March 13, 2022, Robert Tichio, chairman of the Board of the Company, notified the Company of his resignation from his role as chairman, effective immediately. Mr. Anderson and Mr. Tichio will continue to serve as members of the Board.

Mr. Anderson’s and Mr. Tichio’s resignations were not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On March 15, 2022, the Board appointed Robert Tichio as chief executive officer of the Company and Erik Anderson as chairman of the Board, effective immediately.

Mr. Tichio, age 44, has served as a member of the Board since February 2021 and as chairman of the Board since August 2021. Mr. Tichio has served as a member of the board of directors of Decarbonization Plus Acquisition Corporation V, a special purpose acquisition company, since March 2021. Mr. Tichio has served as a member of the board of directors and nominating and corporate governance committee of Solid Power, Inc., a solid-state battery cell manufacturer, since December 2021. Mr. Tichio has served as chairman of the board of directors and member of the audit, compensation and nominating and corporate governance committees of Tritium DCFC Limited, an electric vehicle charging company, since January 2022. Mr. Tichio has served as a member of the board of directors of Centennial Resource Development, Inc., a natural gas and oil producer, since October 2016. Mr. Tichio has served as a member of the board of directors of Pipestone Energy Corp., an oil and gas exploration and production company, since March 2019. Mr. Tichio has served as a member of the board of Talos Energy Inc., an offshore oil and gas exploration and production company, since February 2012. Mr. Tichio served as a member of the board of directors of EP Energy Corporation, an onshore oil and gas exploration and production company, from September 2013 to October 2020. Mr. Tichio served as a member of the board of directors of Northern Blizzard Resources Inc., a crude oil production and development company, from June 2011 to May 2017. Mr. Tichio is a partner and managing director of Riverstone Holdings LLC. Mr. Tichio joined the firm in 2006 and has been focused on the firm’s Private Equity business. Prior to joining Riverstone, Mr. Tichio was in the Principal Investment Area (PIA) of Goldman Sachs, which manages the firm’s private corporate equity investments. Mr. Tichio began his career at J.P. Morgan in the Mergers & Acquisition Group, where he concentrated on assignments that included public company combinations, asset sales, takeover defenses, and leveraged buyouts. Mr. Tichio received his A.B. from Dartmouth College as a Phi Beta Kappa graduate, and later received his M.B.A. with Distinction from Harvard Business School. Mr. Tichio serves on a number of nonprofit and Riverstone portfolio company boards.

The selection of Mr. Tichio to serve as the Company’s chief executive officer was not pursuant to any arrangement or understanding with any other person. There are no family relationships between Mr. Tichio and any director or executive officer of the Company, and there are no transactions between Mr. Tichio and the Company that would be required to be reported under item 404(a) of Regulation S-K.