San Francisco Giants Deploy Latest Evolv Express® Gen2 Systems for 2025 Season

Oracle Park upgrades Evolv Express systems initially deployed in 2021 to a new fleet, becoming the first professional sports team to renew its four-year subscription

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a leading security technology company pioneering AI-based solutions designed to help create safer experiences, today announced an extended and expanded relationship with the San Francisco Giants. Under the new agreement, which will see Evolv designated as a Proud Partner of the team, the existing fleet of 20 Evolv Express security systems will be swapped for Evolv's latest Gen2 units offering enhanced mobility and easier deployment. Evolv Express systems have been used to screen fans at Giants games at Oracle Park since 2021.

"We're thrilled to both renew and expand our relationship with the San Francisco Giants," said John Baier, Evolv's Vice President of Sports & Entertainment. "The team is one of our earliest sports customers, so it's especially gratifying to have the opportunity to be of service for years to come in such a critical element of their gameday experience. We're also excited to join so many iconic brands on the club's official partner roster."

"The smooth entry process at Oracle Park that Evolv Express supports is a key part of our fan's gameday experience," said Stan Sprinkles, Giants Vice President, Ballpark Operations & Facilities. "After four seasons of great results with Evolv Express, bringing in the latest technology helps us continue to provide event-goers with an efficient ballpark entry while also showcasing our commitment to the safety of our guests."

The Express Gen2 update at Oracle Park is an example of how customers can leverage Evolv's subscription business model to gain access to the latest hardware and software. With the completion of this extension, the San Francisco Giants become the first of Evolv's many sports customers to renew their subscription.

About Evolv Technology

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) is designed to transform human security using artificial intelligence (AI)-powered screening and analytics to help create safer experiences for the world's most iconic venues and companies as well as schools, hospitals, and public spaces. Its mission is to transform security to create a safer world to live, work, learn, and play. Evolv has digitally transformed the gateways in many places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv's advanced weapons detection systems have scanned more than two billion people since 2019. Evolv has been recognized by the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT), included in the TSA Surface Transportation Security Technology Catalogue and awarded the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category as well as Sport Business Journal's "Best In Fan Experience Technology" and "Best In Sports Technology". Evolv has also been recognized as one of the "Best Places to Work" by Built In Boston. Evolv®, Evolv Express®, Evolv Insights®, Evolv Visual Gun Detection™, Evolv eXpedite™, and Evolv Eva™ are registered trademarks or trademarks of Evolv Technologies Holdings, Inc. in the United States and other jurisdictions. For more information, visit evolv.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Evolv Technology intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including statements made in the quotes from directors and statements regarding the Company's execution of its strategy, financial and operational performance and growth and creating value for stakeholders. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results and actions to be materially different from any future results or actions expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 29, 2024, as any such factors may be updated from time to time in our other filings with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, as well as risks related to our leadership transition. The forward-looking statements in this press release are based upon information available to us as of the date hereof, and while we believe such information forms a reasonable basis for such statements, it may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise.

About the San Francisco Giants

One of the oldest teams in Major League Baseball, the 142-year old franchise moved to San Francisco from New York in 1958. After playing a total of 42 years in Seals Stadium and Candlestick Park, the team moved to the privately constructed, downtown ballpark on the corner of 3rd and King in 2000. The organization is widely recognized for its innovative business practices and baseball excellence having been named in the past decade the Sports Organization of the Year by Street & Smith's Sports Business Journal, Organization of the Year by Baseball America and ESPN's Sports Humanitarian Team of the Year. Oracle Park is also the only ballpark in the country to have earned Silver, Gold and Platinum LEED certification for an existing building.

Since opening its gates, Oracle Park has become internationally-renowned as a premier venue in the world of both sports and entertainment. On the diamond, more than 75 million spectators have witnessed countless magical moments, including three World Series Championships (2010, 2012 & 2014), the raising of four National League Pennants and eight playoff appearances. The ballpark has also hosted some of music's biggest acts, including Lady Gaga, Beyoncé & Jay Z, Ed Sheeran, the Rolling Stones, the Eagles, Bruce Springsteen and the E-Street Band, Green Day and Billy Joel.

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San Francisco Giants: Sophie Lair | [email protected]

Evolv Media: Alexandra Smith Ozerkis | [email protected]

Evolv Investor: Brian Norris | [email protected]