Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item Departure 5.02. of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 19, 2026, Dennis C. Schemm was elected to our Board of Directors effective on that date. Mr.…
Blink Charging Co., through its consolidated subsidiaries, is a leading owner, operator and provider of electric vehicle (“EV”) charging equipment and networked EV charging services. Blink offers residential and commercial EV charging equipment and services, enabling EV drivers to recharge at various locations. Blink’s principal line of products and services is its Blink EV charging network (the “Blink Network”) and Blink EV charging equipment, also known as electric vehicle supply equipment (“EVSE”), and other EV-related services. The Blink Network is a proprietary, cloud-based system that operates, maintains and manages Blink charging stations and handles the associated charging data, back-end operations, and payment processing. The Blink Network provide fleets, property owners, managers, parking companies, and state and municipal entities (“Property Partners”), among other types of commercial customers, with cloud-based services that enable the remote monitoring and management of EV charging stations. The Blink Network also provides EV drivers with vital station information, including station location, availability and fees (as applicable).
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Item 5.02Item 5.02 - Departure/Election of Directors
Item Departure
5.02. of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On
July 19, 2026, Dennis C. Schemm was elected to our Board of Directors effective on that date. Mr. Schemm has more than 25 years of experience
in finance, with a deep skill set that includes financial risk management, global financial planning and analysis, treasury, audit, capital
allocation strategies and mergers and acquisitions.
Mr.
Schemm, age 60, has been the Chief Financial Officer of FOX Factory Holding Corp. (Nasdaq: FOXF), a global leader in the design, engineering
and manufacturing of premium products for specialty sports and on- and off-road vehicles, since June 2023. Prior to joining FOX Factory,
Mr. Schemm served as the Senior Vice President and Chief Financial Officer at Trex Company, Inc., a manufacturer of composite decking
and railing products, from 2020 and 2023, and was the Senior Vice President, Chief Financial Officer and Commercial Lead, Joint Compound
Division at Continental Building Products from 2015 to 2020. Mr. Schemm graduated with Bachelor of Science degrees in Accounting and
Computer Science from Penn State University and a Master of Business Administration degree from Carnegie Mellon University.
Mr.
Schemm has not participated in any transactions with our company nor are there currently any proposed transactions requiring disclosure
pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. There is also no arrangement
or understanding between Mr. Schemm and our company pursuant to which he was elected to our Board of Directors. In addition, there is
no family relationship between Mr. Schemm and any of our executive officers or other directors.
Our
Board of Directors has determined that Mr. Schemm is “independent,” as independence is defined in the listing rules for the
Nasdaq Stock Market.
With
the addition of Mr. Schemm, our Board of Directors will consist of five members.