{"url_path":"/sec/sldp/8-k/2026-07-02/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 ** **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-02","source_url":"https://www.sec.gov/Archives/edgar/data/1844862/0001104659-26-079956-index.html","accession_number":"0001104659-26-079956","cik":"0001844862","ticker":"SLDP","issuer_name":"Solid Power, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1844862/0001104659-26-079956-index.html","primary_entity_key":"0001844862","primary_entity_name":"Solid Power, Inc."},"word_count":302,"has_tables":true,"body_markdown":"**Item 5.02              ** **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn July 1, 2026, the Board of Directors (the “Board”)\nof Solid Power, Inc. (the “Company”) appointed Uwe Breitweg to serve as a Class III director. Mr. Breitweg was nominated by\nBMW Holding B.V. (“BMW Holding”) pursuant to BMW Holding’s director nomination rights under that certain Board Nomination\nand Support Agreement, dated as of May 5, 2021, by and among the Company, BMW Holding and the stockholders party thereto, to succeed Rainer\nFeurer as BMW Holding’s nominee on the Board following Dr. Feurer’s previously reported retirement from the Board. Mr. Breitweg\nwill serve until the Company’s 2027 annual meeting of stockholders and until his successor has been duly elected and qualified.\n\n \n\nInformation regarding certain relationships and\nrelated party transactions involving Bayerische Motoren Werke AG (“BMW AG”) and certain of its affiliates, including BMW of\nNorth America, LLC and BMW Holding, is set forth under the caption “Certain Relationships and Related Party Transactions—Transactions\nwith BMW” in the Company’s definitive proxy statement for its 2026 annual meeting of stockholders, filed with the Securities\nand Exchange Commission (the “SEC”) on April 9, 2026, and is incorporated herein by reference.\n\n \n\nIn light of the commercial relationship between\nthe Company and BMW AG and BMW Holding, the Board has determined that Mr. Breitweg is not independent under the applicable rules of The\nNasdaq Stock Market LLC. Accordingly, Mr. Breitweg is not expected to be appointed to serve on any committees of the Board. Mr. Breitweg\nhas also agreed to waive all compensation payable by the Company in connection with his service on the Board. The Company and Mr. Breitweg\nentered into the Company’s standard indemnification agreement, the form of which has previously been filed with the SEC."}