January 28, 2022

Tomer Aiderapp

Consummate Business Technicians

Enviva Inc. Completes its First Full Trading Day as a Corporation, Welcomes New Board Members, and Enhances its Executive Leadership Team

BETHESDA, Md.–(Organization WIRE)–Right now marks Enviva Inc.’s 1st entire investing day as a corporation on the New York Inventory Trade (NYSE: EVA) following its productive conversion (the “Conversion”) from Enviva Associates, LP, a learn confined partnership, to Enviva Inc. (“Enviva”), a Delaware company, on December 31, 2021. As aspect of the Conversion, Enviva also announced the appointment of a few new customers to its board and variations that will more reinforce its executive management staff.

Enviva is pleased to welcome Eva T. Zlotnicka, Martin N. Davidson, Ph.D., and Fauzul Lakhani to the board of administrators of Enviva Inc., signing up for fellow administrators Ralph Alexander, John C. Bumgarner, Jr., Jim H. Derryberry, Gerrit (“Gerrity”) L. Lansing, Jr., Pierre F. Lapeyre, Jr., David M. Leuschen, Jeffrey W. Ubben, Gary L. Whitlock, and Janet S. Wong, each of whom had also served on the board of directors of the typical lover of Enviva Partners, LP prior to the Conversion. All of the administrators of Enviva Inc., apart from Chairman and Chief Govt Officer John Keppler, satisfy the NYSE requirements for independence.

“It’s an honor to welcome three exceptionally talented people to the Enviva board,” stated Keppler. “Eva, Martin, and Fauzul carry vital business enterprise acumen and exceptional perspectives to the boardroom that are essential to our extensive-phrase accomplishment. As a leader in impact investing with a deep history not only in environmental science and sustainability but also in Environmental, Social, and Governance (ESG) analytics, we are extremely pleased that Eva has agreed to chair Enviva’s Wellness, Safety, Sustainability, and Environmental committee of the board. Martin is a single of the foremost imagined leaders on range, organizational actions, and leadership and, prior to joining the board, had been engaged with Enviva, advising on variety and personnel initiatives. Fauzul joins the Enviva Inc. board subsequent his services as a member of the board of Enviva’s prior sponsor, and we are seeking ahead to the continuity of the breadth and depth of his expertise with Enviva and his knowing of the vitality sector and capital markets. Collectively, we believe that the strategic counsel of Eva, Martin, and Fauzul will be a must have as we chart our path forward.”

Today, Enviva also declared changes to its executive management team. Roxanne Klein has joined Enviva as its new Main Human Means Officer. Ms. Klein most lately served as Senior Vice President and Main Human Sources Officer for Knoll, Inc., just one of the world’s foremost world wide manufacturers of business and other furnishings, from 2015 until finally 2021. With extra than 20 yrs of human means leadership knowledge in a wide range of firms, Ms. Klein has an extensive and proven history building prosperous expertise acquisition and development teams and driving ideal procedures in men and women administration and social effects. Ms. Klein’s sizeable skills will enable Enviva catch the attention of, retain, create, and expand the required human methods to manual Enviva via this thrilling, expansive interval of advancement.

Thomas Meth, a co-founder of Enviva and chief of Enviva’s world-wide promoting and product sales method for the previous seventeen many years, has been promoted to the part of Main Commercial Officer. Mr. Meth has been instrumental in the company’s expansion, producing alternatives to intricate concerns in Enviva’s source chain though working with Enviva’s clients to reduce their dependence on coal and other fossil fuels. As Enviva enters new markets throughout the world, Mr. Meth will lead the hard work to discover added purposes for sustainable wood biomass, especially in tough-to-abate industrial sectors. He will also continue to guideline Enviva’s pledge to reach net-zero greenhouse gasoline emissions in its operations and permit other industries to do the same.

“As element of our conversion from a partnership to a corporation, I imagine we have advanced our proven, thriving company into an even far better corporate framework,” reported Keppler. “Given the prolonged-term contracted nature of our business enterprise and the incredible chances we see in advance as the earth carries on to focus on the power changeover and decarbonization of hard-to-abate sectors in buy to arrive at web-zero and limit the effects of climate improve, our accomplishment will be pushed by the men and women who pick to operate with and for Enviva right now, tomorrow, and just about every day going ahead. I am extremely happy of the various and independent board of administrators and the immensely accomplished management workforce we have assembled at Enviva to lead the way. It is extremely enjoyable to sign up for them as we begin the subsequent chapter of this awesome enterprise as Enviva Inc.”

Appointed Director Biographies

Eva T. Zlotnicka is a Founder, Controlling Spouse, President, and member of the Management Committee of Inclusive Money Companions, a San Francisco-dependent investment agency that associates with companies that empower methods to deal with environmental and social problems. Just before founding Inclusive Funds Partners, she was a Founder and Taking care of Director of the ValueAct Spring Fund and Head of Stewardship at ValueAct Cash. Prior to signing up for ValueAct Funds in 2018, Ms. Zlotnicka put in additional than ten decades on the market aspect. Most not too long ago, she was U.S. direct Sustainability and Environmental, Social and Governance (E.S.G.) equity study analyst at Morgan Stanley. Ms. Zlotnicka is a director of Unifi, Inc., where she serves on the Audit Committee and serves as chairman for the Company Governance and Nominating Committee. Ms. Zlotnicka was formerly a director of Hawaiian Electric Industries, wherever she was a member of the Compensation Committee. Ms. Zlotnicka also serves as a member of the Investor Advisory Group for the Sustainability Accounting Specifications Board (SASB) and is a member of the Advisory Board of the Institute for Company Governance and Finance at N.Y.U. Law. Ms. Zlotnicka also co-launched Females Investing for a Sustainable Economic climate (Wise), a international specialist group. She has two B.S.c. degrees from the University of Pennsylvania, together with one particular from the Wharton College, and an M.B.A and a Grasp of Environmental Science degree from Yale College.

Martin N. Davidson, Ph.D., is the Johnson & Higgins Professor of Company Administration at the University of Virginia’s Darden University of Organization. He at the moment serves as senior associate dean and worldwide main range officer for the college. He teaches, conducts exploration, and consults with global leaders to help them use variety strategically to drive significant functionality. His considered management has altered how a lot of executives technique inclusion and range in their organizations. His guide, The End of Variety as We Know It: Why Diversity Initiatives Are unsuccessful and How Leveraging Difference Can Succeed, co-authored with Heather Wishik, introduces a study-driven roadmap to support leaders a lot more correctly develop and capitalize on range in companies. Dr. Davidson has consulted with leaders of a host of world-wide corporations, federal government companies, and social revenue businesses, such as Financial institution of America, The Environment Health and fitness Organization, The Walt Disney Enterprise, Credit score Suisse Team, The Character Conservancy, and the U.S. Navy SEALs. Dr. Davidson has been showcased in various media stores, which includes The New York Times, Bloomberg BusinessWeek, The Wall Avenue Journal, The Washington Article, National Community Radio, and CNN. He has been a member of the Darden college since 1998. Beforehand, he was a member of the Amos Tuck University of Enterprise college at Dartmouth College or university. He earned his A.B. from Harvard University and his Ph.D. from Stanford University.

Fauzul Lakhani is a Principal of Riverstone Holdings L.L.C. Prior to becoming a member of Riverstone in 2012, Mr. Lakhani was with Credit score Suisse in the World-wide Expense Banking Team. Even though at Credit score Suisse, Mr. Lakhani labored on M&A transactions and money markets financings, with a aim on the strength sector. Mr. Lakhani graduated with honors from the University of Texas at Austin with a B.B.A. in Finance. He at present serves on the B.B.A. Advisory Board of the McCombs University of Organization.

About Enviva

Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable vitality supply generated by aggregating a purely natural source, wood fiber, and processing it into a transportable variety, wooden pellets. Enviva owns and operates 10 crops with a merged output capability of about 6.2 million metric tons for each calendar year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi. Enviva sells most of its wood pellets as a result of lengthy-expression, get-or-fork out off-consider contracts with creditworthy clients in the United Kingdom, the European Union, and Japan, serving to to accelerate the strength changeover and to decarbonize tricky-to-abate sectors like steel, cement, lime, chemical substances, and aviation fuels. Enviva exports its wooden pellets to world-wide marketplaces by means of its deep-drinking water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-social gathering deep-water maritime terminals in Savannah, Ga, Cellular, Alabama, and Panama Metropolis, Florida.

To understand much more about Enviva, make sure you check out our web site at www.envivabiomass.com. Observe Enviva on social media @Enviva.

Cautionary Note About Forward-Searching Statements

The data included herein and in any oral statements built in connection herewith involve “forward-hunting statements” inside the this means of Section 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. All statements, other than statements of current or historical reality provided herein, concerning Enviva’s long run monetary general performance, as perfectly as Enviva’s system, upcoming functions, financial place, estimated revenues and losses, projected fees, potential customers, programs, and targets of management are ahead-looking statements. When used herein, together with any oral statements made in relationship herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the adverse of these kinds of terms, and other very similar expressions are meant to recognize forward-wanting statements, whilst not all forward-looking statements contain these kinds of figuring out words. These ahead-searching statements are based on management’s present expectations and assumptions about upcoming functions and are centered on currently accessible info as to the consequence and timing of future activities. Besides as if not needed by relevant law, Enviva disclaims any responsibility to revise or update any forward-on the lookout statements, all of which are expressly certified by the statements in this section, to mirror functions or circumstances immediately after the day hereof. Enviva cautions you that these forward-seeking statements are subject to risks and uncertainties, most of which are tricky to predict and lots of of which are over and above the control of Enviva.