VOLTA NEWS
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PRESS RELEASE

Volta Launches "Get Out The Vote" Campaign Across Its National Network of Digital Media Screens

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New campaign leverages the vast Volta Media™ Network to inspire voting registration and drive voters to the polls for the midterm elections

New York, NY (October 31, 2022) — Volta Inc. (NYSE: VLTA) ("Volta"), an industry-leading electric vehicle ("EV") charging and media company, today unveiled its Get Out The Vote campaign that is running across the entire Volta Media™ Network ahead of the U.S. Midterm Elections. This campaign is the latest example of Volta's commitment to using its media network to provide consumers and communities with impactful, engaging content that elevates critical messages and drives positive change. 

Volta's Get Out The Vote campaign seeks to encourage citizens to cast their ballot and provide credible voting resources. The creative assets take advantage of Volta's dynamic digital media capabilities — including a real-time countdown clock and QR codes — and the feature taglines are designed to spark curiosity and drive urgency. For example, the "33% of people don't do this…and it's not brushing their teeth" tagline prompts passersby to scan a QR code that leads them to Vote.org where they can find their closest polling location and register to vote. Another creative asset fosters urgency with a countdown to Election Day and another QR code that leads to Vote.org.

"Volta is not limited to EV charging – we're a dual energy and media company with the unique ability to serve as a valuable messaging platform in communities across the U.S.," said Brandt Hastings, Chief Commercial Officer at Volta. "By nature of our cutting-edge design and placement in highly trafficked areas, Volta's eye-catching, contextually relevant digital screens can be used for in-house campaigns and by our city and brand partners to drive social good, disseminate critical information, and spur local economic activity. We are proud to use our impactful network to encourage voter registration while driving a clean, electric future forward." 

The Volta Media Network is embedded into the company's global network of EV chargers, located steps away from the doors of popular retailers and commercial centers visited by millions of consumers daily. It is the world's largest digital out-of-home (DOOH) network integrated directly into EV charging stations, delivering more than one billion monthly impressions across over 5,400 digital screens in 28 states. The company's dual EV charging and media model allows Volta to generate revenue regardless of how many EVs are currently driven in a community, enabling the installation of EV chargers ahead of mass EV adoption and ensuring critical charging infrastructure will be available to drivers as they switch to electric. 

Volta has consistently found opportunities to use the messages displayed on its media network for good. The company recently announced the launch of an evergreen education campaign — an expansion of its Charging For All initiative — designed to address consumers' perceived concerns around EVs while shining a light on their numerous benefits and encouraging drivers to consider an EV for their next vehicle. 

Volta also works closely with partners to spread important local messages. Through Volta's collaboration with the State of Michigan and DTE Energy, DTE Energy is using the Volta Media Network to spread proactive awareness about EV benefits — including the health, safety, and economic upsides of electric mobility — and available incentives that make owning an EV more affordable. In 2021, Volta, Southern California Edison, and the Albertsons Companies' Vons grocery stores collaborated to distribute a similar EV awareness campaign in disadvantaged communities. The impact was a 72 percent increase in interest in driving or owning an EV in the targeted regions. Most recently, Tucson Electric Power ("TEP") collaborated with Volta to install critical public EV infrastructure in disadvantaged communities at high-traffic Tucson locations and allow TEP to utilize the Volta Media Network to promote energy efficiency programs available to its customers. 

About Volta

Volta Inc. (NYSE: VLTA) is an industry-leading electric vehicle ("EV") charging and media company. Volta's unique network of charging stations powers vehicles and drives business growth while accelerating a clean energy future. Volta delivers value to site partners, brands, and consumers by installing charging stations that feature large-format digital advertising screens located steps away from the entrances of popular commercial locations. Retailers can attract and influence foot traffic, advertisers can precisely target audiences, and EV drivers can charge their vehicles seamlessly as they go about their daily routines. Volta's extensive network leverages its proprietary PredictEV® platform, which uses sophisticated behavioral science and machine learning technology to help commercial property owners, cities, and electric utilities plan EV infrastructure intelligently, efficiently, and equitably. To learn more, visit www.voltacharging.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of federal securities laws. These forward-looking statements generally are identified by words such as “anticipate,” “believe,” “estimate,” “expect,”  “future,” “intend,” “may,” “opportunity,” “plan,” “potential,” “project,”  “should,” “strategy,” “will,” “would,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and our Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2022 and June 30, 2022, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.voltacharging.com. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

October 31, 2022
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