BE: Leadership change

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Background Bloom Energy Corporation (“Bloom” or the “Company”) develops and manufactures a solid oxide fuel cell platform that provides resilient, reliable and clean distributed power. Bloom was founded in 2001 by Dr. KR Sridhar, the Company’s Chief Executive Officer. Recent explosive growth in demand for highly reliable power has strained conventional centralized power models. In response to grid constraints and the need for schedule certainty, customers are increasingly turning to on-site and islanded power solutions—the market Dr. Sridhar designed Bloom’s fuel cell platform to serve. Under Dr. Sridhar’s leadership, the Company has continued to drive technical and operational innovation and is executing on a strategy for its fuel cell technology to become a standard architecture for on-site power in next generation, power intensive industries. For perspective, Bloom Energy’s market-capitalization value grew from approximately $5b as of December 31, 2024 to approximately $79b as of June 15, 2026. Performance Grant On June 15, 2026, the Board of Directors of the Company (the “Board”) approved a grant of performance-based restricted stock units (“PSUs”) in respect of 271,076 shares of common stock of the Company at the target level (the “2026 Award”) under the Company’s 2018 Equity Incentive Plan to Dr. Sridhar. The grant of the 2026 Award was based on the recommendation of the Compensation and Organizational Development Committee of the Board (the “Compensation Committee”) and following consultation with Meridian Compensation Partners, an independent compensation consultant retained by the Compensation Committee. T