Decarbonization Plus Acquisition Corporation II Expects Stockholders To Approve Business Combination With Tritium

Decarbonization Plus Acquisition Corporation II (NASDAQ:DCRN, DCRNW, DCRNU))))) ("DCRN"), a publicly-traded special purpose acquisition company, announced today that, based on proxies submitted to date, which may be changed at or before the special meeting of stockholders of DCRN to be held on Wednesday, January 12, 2022:

1. 52.35% of the outstanding shares and 96.69% of the voted shares have voted in favor of the Business Combination proposal;
2. 96.28% of the voted shares have voted in favor of the NewCo Constitution proposal; and
3. 96.20% of the voted shares have voted in favor of the Adjournment proposal.

DCRN expects that all proposals will be approved at the special meeting of stockholders of DCRN, which is scheduled to be held on Wednesday, January 12, 2022, at 10:00 a.m., Eastern time virtually at https://www.cstproxy.com/decarbonizationplusacquisitionii/2021, as described in DCRN's definitive proxy statement, dated December 21, 2021.