CMBlu Energy, Inc. Expands U.S. Board on Path to Rapid Build-out of U.S. Operations

press-releaseJune 5th, 2024

Petaluma, Ca, June 5, 2024 – CMBlu Energy, a leading sustainable battery technology company focused on developing a safe, sustainable, and secure long-duration energy storage system, announced today it welcomes international finance and banking industry veteran Thomas Kilian as a Board Member of its U.S. subsidiary, CMBlu Energy, Inc. Thomas will serve as a senior advisor and a financial leader for the U.S. business. He assumes this role at a critical time for CMBlu Energy’s expansion in the U.S., as it develops its domestic manufacturing capacity and continues to scale the overall business.

Thomas brings an accomplished background in the financial services industry with expertise in business strategy, financing, operations, and leadership. He worked for over 20 years in San Francisco at growth company-focused investment bank JMP Securities, where he held several leadership positions, including Chief Financial Officer, Chief Operating Officer of the investment banking department and Managing Director in its financial services investment banking group. Prior to his time at JMP, Thomas worked at Bank of America Securities in corporate finance, and he began his professional career in Deutsche Bank’s corporate development group in Frankfurt, Germany, focusing on strategic planning and business development.

As a German-American dual citizen who holds an MBA from Stanford University and a master’s degree in industrial engineering from Karlsruhe University, Germany, Thomas will also provide a unique international perspective as CMBlu Energy, Inc. further establishes its presence in the United States.

CMBlu Energy’s differentiated technological capabilities and its mission “to empower the world with unlimited energy storage inspired by nature” resonated strongly with me. I am eager to help shape its growth trajectory in the U.S., as it is poised to have a critical impact on energy storage development and manufacturing.

Thomas Kilian, U.S. Board Member at CMBlu Energy, Inc.

Incorporated in 2014 in Germany, CMBlu Energy develops Organic SolidFlow batteries and is one of the largest developers of energy storage systems utilizing a unique, non-lithium-ion approach. The SolidFlow technology stores energy in organic molecules, similar to nature, and required raw materials are environmentally friendly and abundantly available. The technology’s ability to be domestically sourced and manufactured allows CMBlu Energy, Inc. to establish a strong presence in the United States. Thomas’ addition to CMBlu supports the company’s U.S. strategy as it prepares to significantly expand its domestic manufacturing footprint and capacity.

We are excited to have Thomas join our U.S. team. His distinguished career in international finance and significant leadership experience positions him exceptionally well to help advance our U.S. operations.

Giovanni Damato, President of CMBlu Energy Inc.

About CMBlu Energy

CMBlu Energy is creating the first truly green battery technology that is ready to scale for the global energy transition. Its one-of-a-kind Organic SolidFlow battery is a safe, sustainable, and secure long-duration energy storage system that uses abundant, easily sourced raw materials. The company aims to manufacture domestically at high volume, delivering a critical energy storage solution for customers in the commercial, industrial, and utility-scale spaces. CMBlu employs over 190 employees in Germany and the U.S. For more information, visit www.cmblu.com.

Media Contact at CMBlu Energy:

Nic Savo

Silverline

(203) 456-0843

nic@teamsilverline.com