Wallbox Strengthens Its Leadership Team With Two Key Appointments

Wallbox (NYSE:WBX), a global leader in electric vehicle charging and energy management solutions, has strengthened its leadership team with two key appointments aimed at reinforcing its business and operational structure.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251103984264/en/

Ignasi Alastuey joins Wallbox as Chief Business Officer (CBO)

Ignasi Alastuey joins Wallbox as Chief Business Officer (CBO) after a 14-year career at Mettler-Toledo, where he held international leadership roles in sales, marketing, operations, and business development. Most recently, he served as General Manager of the company's international sales division, overseeing the indirect channel business across Europe, the Middle East, Latin America, and Africa. Earlier in his career, he led commercial operations in Brazil and managed the Service division in Italy. His expertise lies in developing scalable commercial models, leading multicultural teams, and driving expansion in strategic markets.

Luis Pereda joins Wallbox as Chief Operations Officer (COO), bringing more than 20 years of experience in industrial operations and transformation processes across family-owned and multinational environments. He most recently served as Industrial Director at GCR Group, managing three production plants in the recycling and plastics sector. Before that, he led Ecolab's production plant as a member of its Executive Committee in Spain, optimizing costs and driving growth. He has also held senior positions at Bacardi and Schneider Electric, where he oversaw industrial investments at the European level and implemented digitalization projects.

"With strong international leadership and transformation backgrounds, Ignasi and Luis bring the ideal combination of strategic vision and operational excellence to drive Wallbox into its next phase of growth," said Enric Asunción, CEO and Co-founder of Wallbox. "Their experience will be instrumental in continuing to strengthen our organization and advancing confidently in our business plan."

With these appointments, Wallbox reinforces its commitment to accelerating growth by strengthening its commercial capabilities and driving greater efficiency across its industrial operations. The company is investing in more agile, scalable processes to boost sales performance, optimize production, and ensure world-class execution.

About Wallbox

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in Barcelona, where the company's headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend 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 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding Wallbox's expected future operating results and financial position, profitability and cost optimization, industry and company growth, business strategy and plans and market opportunity. The words "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "focus," "forecast," "intend," "likely," "may," "might," "plan," "possible," "potential," "predict," "project," "should," ""target," will," "would" and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: Wallbox's history of operating losses; the adoption and demand for electric vehicles including the success of alternative fuels, changes to rebates, tax credits and the impact of government incentives or reduction thereof; political and economic uncertainty and macroeconomic factors, such as impacts from tariffs and trade barriers, geopolitical conflicts, consumer spending, inflation and foreign exchange rates; the accuracy of Wallbox's forecasts and projections including those regarding its market opportunity; competition; risks related to losses or disruptions in Wallbox's supply or manufacturing partners; Wallbox's reliance on the third-parties outside of its control; risks related to Wallbox's technology, intellectual property and infrastructure; executive orders and regulatory changes under the U.S. political administration and uncertainty therefrom, as well as the other important factors discussed under the caption "Risk Factors" in Wallbox's Annual Report on Form 20-F for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC's website at www.sec.gov and the Investors Relations section of Wallbox's website at investors.wallbox.com. Any such forward-looking statements represent management's estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251103984264/en/

Wallbox Public Relations Contact:

Albert Cabanes

Public Relations

[email protected]