Exhibit 99.1 Dear Shareholders, 2023 was a great year for us, we took a massive step toward We recruited the world’s top cell engineering talent, and created designs that commercialization of our Li-Metal technology for automotive applications. are still based on state-of-the-art Li-ion, so they can be manufactured at We signed the world’s first automotive B-sample joint development scale, but are unique for Li-Metal and can address safety-related challenges. agreement for Li-Metal batteries with a major au ...