Aeva Technologies, Inc. - Convertible Senior Notes Transaction

Sylebra Capital LLC, a 10% owner and director of Aeva Technologies, Inc., reported a significant transaction involving 4.375% Convertible Senior Notes due 2032. On June 30, 2026, Sylebra Capital LLC, through its affiliated funds (Solutions Funds), received 50,000,000 aggregate principal amount of these Notes via an in-kind capital contribution. These Notes were acquired at par value and are convertible into 3,151,740 shares of Aeva Technologies' Common Stock, based on an initial conversion rate of 63.0348 shares per $1,000 principal amount, with a conversion price of $15.86 per share. The Notes are convertible at the holder's option until November 15, 2032. Sylebra Capital LLC, along with its associated entities and investment manager Daniel Patrick Gibson, may be deemed to share voting and dispositive power over these Notes, although they disclaim beneficial ownership except to the extent of their pecuniary interest.