On May 30, 2022, the board of directors of SDCL EDGE Acquisition Corporation (the Company) appointed Mr. Karl Olsoni, age 64, as a member of the Board of the Company. Mr. Olsoni will serve as an independent director (as such term is defined under the applicable U.S. securities laws and the NYSE listing standards). The Board has also determined that Mr. Olsoni qualifies as an audit committee financial expert as defined in applicable rules of the U.S. Securities and Exchange Commission.

By virtue of his replacement of Mr. Steven Gilbert as a director of the Company, the term of office of Mr. Olsoni will pertain to the second class of directors of the Company. Mr. Olsoni has matured significant experience in private equity, raising funds and investing with a focus on clean energy infrastructure mostly in the U.S., UK and Australian markets. Mr. Olsoni was a Managing Director at Capital Dynamics Inc. from July 2010 to December 2015.

Mr. Olsoni was, and currently acts as, Partner in several K Road investment vehicles that have invested, and invest, in clean and renewable energy as well as waste transformation opportunities (K Road DG, LLC from March 2016 to May 2018; K Road Verto LLC, from April 2018 to February 2020; K Road Mobility, LLC, from April 2019 to date). Since 2018, Mr. Olsoni has also acted as Operating Partner and Senior Managing Director at Quinbrook Infrastructure Partners, focusing on investments in distributed infrastructure and technology. In addition to the above roles, Mr. Olsoni also sits on the board of Canadian Solar Inc., a position he has held since January 2020.

Mr. Olsoni received a B.A. in Economics from George Washington University and an MBA in Finance from the College of William and Mary. Mr. Olsoni was also appointed by the Board as chairman of the Audit Committee of the Company, replacing Mr. Michael Naylor who has served as interim chairman of the Audit Committee of the Company since March 10, 2022. Mr. Naylor will continue to serve as a member of the Audit Committee of the Company.

Mr. Olsoni's qualifications to serve as a director and chairman of the Audit Committee of the Company include his accounting experience as well as his finance experience. Mr. Olsoni was also appointed by the Board as member of the Nominating Committee and as member of the Compensation Committee.