-- Strategic Partnership Follows PIPE Investment in EVBox's 
     Planned Business Combination with TPG Pace Beneficial Finance Corp. 

Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments, announced 
today a strategic partnership with EVBox, a pioneer in the development of 
electric vehicle ("EV") charging station solutions. KSP is a newly formed group 
created to evaluate growth opportunities and investments in companies working 
in "new economy" areas. KSP aims to be the preferred partner beyond capital 
investment by leveraging the resources and capabilities of Koch Industries – 
not only creating new platforms for Koch but also accelerating growth for 
companies in which it invests. 

Logo - https://mma.prnewswire.com/media/964770/Koch_Industries_Logo.jpg

Founded in the Netherlands with offices across Europe and North America, EVBox 
recently agreed to a business combination with TPG Pace Beneficial Finance 
Corp. (NYSE: TPGY.U, TPGY, TPGY WS), which will result in the company being 
publicly listed on the NYSE and provide it with growth capital for expansion. 
Koch Investments is participating in that transaction as an investor in TPG 
Pace's fully committed Private Investment in Public Equity ("PIPE"), which will 
provide EVBox with additional growth capital to expand its reach globally. 

As part of the partnership, KSP will help EVBox continue to scale its 
operations across North America. KSP and EVBox will explore opportunities to 
leverage the power of Koch companies' leading market positions to accelerate 
the growth of EVBox in the United States and around the world. The two 
companies will look to collaborate on matters ranging from software and 
hardware technology integration, project management, operations excellence, and 
domestic sales and marketing.

Additionally, the companies will evaluate charging station installations at 
various Koch corporate locations around the world. Koch Industries is the 
largest privately held company in North America with more than $115 billion in 
revenue, according to Forbes ( 
https://c212.net/c/link/?t=0&l=en&o=3063480-1&h=1134801095&u=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fandreamurphy%2F2020%2F11%2F23%2Famericas-largest-private-companies-2020-koch-industries-at-no-1-for-first-time-in-13-years%2F%3Fsh%3D3a66c25afa5f&a=Forbes 
), and more than 122,000 employees globally. 

"Koch is very excited to invest in and partner with EVBox as it continues to 
grow and build on its strong momentum," said Steve Feilmeier, President of Koch 
Investments. "For over a decade, EVBox has been a global leader in charging 
strategies and solutions, having shipped more than 200,000 charge points to 
customers in 70 countries. With its market-leading, flexible architecture 
software-enabled platform designed to meet the needs of a broad range of 
customer segments, EVBox is an ideal candidate for rapid expansion in the U.S."
 
"As we position EVBox for global expansion, this partnership with KSP will 
provide us with tremendous insights and strategic growth opportunities to bring 
our market-leading charging solutions to the United States and beyond, while 
empowering KSP to help accelerate transformative energy solutions for consumers 
across the globe," said Kristof Vereenooghe, President and CEO of EVBox Group. 
"Our mutual focus on developing innovative products and services that improve 
lives and consume fewer resources, combined with TPG Pace's extensive track 
record of supporting high-growth ESG companies, will further position EVBox to 
accelerate the next step in its growth strategy as the world moves toward EV 
adoption globally."  

"The world continues to see significant change as technology and innovation 
impact everything we do," says David Park, President of Koch Strategic 
Platforms. "Our investment in EVBox demonstrates Koch's continuous commitment 
to evaluating specific industries for potential investment opportunities, 
including the energy transformation space."

The strategic relationship with EVBox represents a broader developing 
relationship between Koch Investments and TPG Pace. Koch Investments also 
participated in the recent TPG Pace transaction with Nerdy (NYSE: PACE), 
leading direct-to-consumer, curated gig economy platform for live online 
learning benefiting both learners and experts. 

About Koch Strategic Platforms

With offices in Atlanta and Wichita, KSP desires to be the preferred investment 
partner with growth focused, strategic companies who are innovating in "new 
economy" industries. Created in 2020, the KSP team pursues public and private 
investments with companies where long-term mutual benefit can be realized.

About EVBox Group

Founded in 2010, EVBox Group empowers forward-thinking businesses to build a 
sustainable future by providing flexible and scalable electric vehicle charging 
solutions. With its extensive portfolio of commercial and ultra-fast EVBox 
charging stations, as well as scalable charging management software engineered 
by Everon, EVBox Group ensures that electric mobility is accessible to everyone.

EVBox Group is a leader in R&D, with facilities across Europe and North America 
developing groundbreaking electric vehicle charging technology. With offices 
across the globe, including Amsterdam, Bordeaux, Munich, and Chicago, and 
strong foundations in dozens of markets, EVBox Group is working to shape a 
sustainable future of transportation.

In 2021, EVBox Group will become a public company listed on the New York Stock 
Exchange via a business combination with TPG Pace Beneficial Finance (NYSE: 
TPGY) and initial investors BlackRock, Inclusive Capital, Neuberger Berman 
Funds, and Wellington Management.

About TPG Pace Group and TPG Pace Beneficial Finance

TPG Pace Group is TPG's dedicated permanent capital platform. TPG Pace Group 
has a long-term, patient, and highly flexible investor base, allowing it to 
seek compelling opportunities that will thrive in the public markets. TPG Pace 
Group has sponsored five special purpose acquisition companies ("SPACs") and 
raised more than $3 billion since 2015.

TPG Pace Beneficial Finance raised $350 million in its October 2020 IPO in 
order to seek a business combination target that combines attractive business 
fundamentals with, or with the potential for strong environmental, social and 
governance ("ESG") principles and practices. For more information, visit 
https://www.tpg.com/pace-beneficial-finance.

Source - Koch Industries

CONTACT: Christin Fernandez, 202-853-4099, christin.fernandez@kochps.com