Filed by Tritium DCFC Limited pursuant to
Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Decarbonization Plus Acquisition Corporation II
Commission File No.: 001-40000
Tritium Announces AUD$40 million Private Placement Financing by Cigna Investments, Inc.
BRISBANE, Australia, September 7, 2021 Tritium Holdings Pty Ltd (Tritium), a global developer and manufacturer of direct current
(DC) fast charging technology for electric vehicles (EVs), today announced a AUD$40 million private placement by Cigna Investments, Inc. (Cigna), the investment arm of Cigna Corporation, a U.S.-based global
health services company.
Tritium intends to use the proceeds from the private placement to continue scaling its global operations, including production,
sales and administrative support, during its ongoing business combination with Decarbonization Plus Acquisition Corporation II (DCRN) (NASDAQ: DCRN, DCRNW, DCRNU), which was announced on May 26, 2021, in an effort to satisfy
Tritiums existing order backlog from its customers.
This is a fantastic show of support for Tritium and underscores the ongoing enthusiasm
our investors have in the companys future, said David Toomey, Tritiums Chief Revenue Officer and Head of Corporate Development. Cigna has again recognised the value of Tritiums technology and market leadership in this
rapidly expanding industry.
This is the second private placement financing by Cigna, following a June 2020 private placement of
AUD$45 million.
This is a welcome capital injection as the company continues to expand, said Tritium CEO Jane Hunter. With this
investment, we intend to scale our teams and operations to meet current demand and prepare for our next phase of growth.
Tritium believes it is a
leader on the global stage in a number of mature EV markets, such as Norway and California. Founded in Brisbane and having already deployed more than 4,500 charging stations, Tritium has provided more than 2.7 million high-power charging
sessions across 41 countries, delivering an aggregate of over 55 GWh of energy. The companys intellectual property includes the worlds only fully liquid-cooled, IP65-rated charger technology, providing customers with a product that is
ingress-protected and sealed from outside elements, which may reduce the total cost of ownership.
About Tritium
Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles.
Tritiums compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our
customers around the world.
As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with
Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject
to customary closing conditions and is expected to occur in the fourth quarter of 2021.
For more information, visit tritiumcharging.com