Multi-year renewal updates Evolv Express^® fleet to latest Gen2 hardware with addition of Evolv eXpedite™

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced that it has extended and expanded its hardware and software subscription agreement with Bank of America Stadium in Charlotte, North Carolina. The 75,000-seat stadium, which hosts a full annual calendar of Carolina Panthers games, Charlotte FC matches, concerts, and other events, originally deployed the Evolv Express^® concealed weapons screening system in 2024. Express uses advanced sensor technology and AI to detect concealed threats and identify the person and location of the potential threat, while allowing people to move through checkpoints at their natural walking pace. The system is designed to screen visitors effectively while helping minimize congestion and disruptions to traffic flow at entry points.

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Bank of America Stadium Readies for 2026 Charlotte FC Season with Evolv Technology

The multi-year renewal announced today upgrades the fleet of nearly twenty Express systems to the latest Gen2 hardware and brings enhanced bag screening capability to the venue with the inclusion of Evolv eXpedite™ systems. eXpedite is Evolv's autonomous weapons detection solution for bags and is intended as a complement to Express in situations where venue entrants carry high clutter bags. All the new hardware will be deployed in time for Charlotte FC's home opener on March 7, 2026.

"The Evolv systems have enabled significant improvements in our security screening and guest arrival experience," said Bonnie Almond, Vice President of Venue Operations at Tepper Sports & Entertainment, the company that owns Bank of America Stadium and the two professional teams that call it home. "After seeing the Gen2 hardware firsthand last summer at international soccer matches in our building, we were pleased to have an opportunity to update our fleet in time for the 2026 MLS season. The update is part of our commitment to deliver a great event experience for the millions of fans that visit Bank of America Stadium each year."

"We're very excited to renew our partnership with Bank of America Stadium," noted John Baier, Evolv Vice President of Sports & Entertainment. "We're especially pleased to bring eXpedite to the stadium, as an increasing number of our customers see real benefit in pairing Express with eXpedite for an even more efficient entry experience for guests and staff with large bags."

With this renewal, Evolv's professional sports customer count stands at 13 in professional football and 14 in professional soccer in the United States. These organizations are among the more than 100 sports and entertainment venues in Evolv's customer roster. Evolv screens over three million people each day to help make experiences safer and more enjoyable.

About Evolv Technology

Evolv (NASDAQ:EVLV) is designed to transform human security by helping organizations detect potential threats, mitigate risk, and enhance safety using AI-powered security solutions with robust insights. Our technology has helped to create efficient and positive security screening experiences for the world's most iconic venues and companies as well as schools, hospitals, and public spaces. Evolv's mission is to create a safer world to live, work, learn, and play. Evolv's advanced systems have scanned more than 3 billion people since 2019. Evolv Express^® has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) and Evolv eXpedite™ has been awarded the Safety Act Developmental Testing and Evaluation Designation. Evolv and its products have been awarded numerous awards which can be viewed on our Certifications and Awards web page. Evolv^®, Evolv Express^®, Evolv Insights^®, Evolv Visual Gun Detection™, Evolv eXpedite™, and Evolv Eva™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit evolv.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Evolv Technology intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release, other than that are historical facts, are statements that could be deemed forward-looking statements, including statements made by the President and Chief Executive Officer, as well as statements regarding the Company's strategy, financial and operational performance and growth, and efforts to create value for stakeholders. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause actual results and actions to be materially different from any future results or actions expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on April 28, 2025 , as well as any such factors that may be updated from time to time in our other filings with the SEC. The forward-looking statements in this press release are based upon information available to us as of the date hereof, and while we believe such information forms a reasonable basis for such statements, it may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained in this document, whether as a result of any new information, future events or otherwise.

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Evolv Media Contact

Alexandra Smith Ozerkis aozerkis@evolvtechnology.com

Evolv Investor Contact

Brian Norris bnorris@evolvtechnology.com

Bank of America Stadium Readies for 2026 Charlotte FC Season with Renewal of Evolv Express® Subscription, Adds Evolv eXpedite™ Bag Screeners