On January 13, 2021, Jens Wiese was appointed to the Board of Directors of QuantumScape Corporation. Mr. Wiese will serve as a director with a term of office expiring at the Company's 2021 Annual Meeting of Stockholders. Mr. Wiese has served in multiple roles at Volkswagen AG, most recently as Head of Volkswagen Group M&A, Investment Advisory, and Partnerships since January 2020, Head of Industrial Cooperations and Partnerships from June 2018 to December 2019, Head of Group Battery Strategy from June 2016 to December 2019, and Corporate Strategy/Head of Performance Improvement from March 2016 to May 2018.