Wallbox N.V. announced its appointment of Donna J Kinzel to the Wallbox Board of Directors and named her as independent chair of its Audit Committee during its Annual general Meeting of Shareholders on June 22, 2022. Ms. Kinzel is a financial executive with over 20 years of progressive experience in nonprofit and public company cash management, SOX compliance, and accounting and risk management. Prior to her current role, Donna served as Senior Vice President, Chief Financial Officer and Treasurer of Pepco Holdings, a leading U.S. utility provider.

In this role, she oversaw the financial planning and analysis, operational finance, accounting, treasury and risk management functions for the company. Nowadays, Ms. Kinzel is the Chief Financial Officer of Ursuline Academy in Wilmington, Delaware. In her role, she is responsible for all aspects of Ursuline Academy's financial and operating functions to ensure support of the school's mission, core values, and strategic plan.

Ms. Kinzel was elected as the chair of Wallbox's Audit Committee and brings with her an extensive history of accounting and finance with large, public organizations. Ms Kinzel's expertise will help Wallbox adopt public company best practices as it continues to build out a world class corporate finance and accounting function.