Filed by Vivint Solar, Inc.
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:
Vivint Solar, Inc.
(SEC File No.: 001-36642)
Date: September 1, 2020
The following
communication was made by Vivint Solar, Inc. beginning on September 1, 2020.
Video Message to Sales Force Transcript:
DAVID BYWATER: Hey League, so glad to be with you guys today. So excited with whats going on in the Bigs its my favorite competition of the year
and is so fun to see individuals and teams just rise to a new level. I am still expecting San Diego to step it up some more - I know you guys have your master strategy but I dont think youve won a round yet, but I think that will change.
And of course Boston, just phenomenal what youre doing. Keep it up, so excited to see what happens.
I want to talk to you guys a little bit about
the combination with SunRun thats coming up. Ive never been more excited. I knew this was the right thing to do before we did the deal, but as Ive gotten to know Lynn more and gotten to know the team on that side, Im even
more convinced its the right answer. There truly are amazing strengths on both sides that will come together. Well be stronger and better than ever. And the thing Im most interested in and most excited about is differentiation.
Ive always said that the more we differentiate on how we delight customers, the solutions we bring, and our ability to actually bring full electrification to the home, the better off well be. I promise you this that as time goes on,
were going to be able to differentiate in a material way. It will make a huge difference for you and your teams and for your customers. Super super excited. Lynn is incredible, we work very very well together. We see the world in a very
similar way. Shes a great partner, Ill be on the board, Ill be involved with the integration, Im not going anywhere. And that actually gets me very excited, to be part of something even bigger and better than what we have
today, and what we have today is phenomenal.
I just want to leave you guys with one thing. Youre on the right ship, youre in the right spot,
youre doing the right stuff. Were changing the world. Were changing the world in a differentiated way and were doing it with quality and were doing it the right way about doing it. So keep it up and feel confident that
youre doing the right thing and lets go dominate. Thanks guys.
LYNN JURICH: Hi everybody, this is Lynn saying hello from San Francisco, still
working from home unfortunately, cant wait to get out there. Wanted to say a quick hello, introduce myself, and say that Ive been admiring you guys from afar for a very long time, so Im excited to work with you and Chance and Paul
and Brenden and just get out there. I have to say that Ive been in this industry for 13 years since I started SunRun, and I think this is the inflection point where people really start adopting and I just look out there and some of the
research that weve done that says 86% of Americans have either considered or would consider solar, and only 3% have had it yet. So the opportunity is crazy enormous and now that we look at how much the power is going out, and when we can add a
battery to these systems, the opportunity is just incredible. You look at the recent hurricane on the east coast that was 1.7 million people lost power, and 2.4 million people lost power in Hurricane Sandy. Last year in PGE the utilities
shut power off for 2 million people, so once we can start adding that battery and be able to power people through those outages, this product is just about to blow up.