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Dignity Health Sports Park Becomes Latest Southern California Venue to Use Evolv Technology's Advanced Guest Screening System

Evolv Helps Welcome Record-Breaking Crowd for the LA Galaxy's Home Opener

Evolv Express uses advanced sensor technology and AI, helping allow fans to move through venue entrances more quickly than with traditional metal detectors and can differentiate between threats and the everyday kinds of metal people carry. Expeditious entry helps to allow fans to spend more time at concessions and merchandise outlets pre-match and get to their seats to catch kickoff. MLS commissioner Don Garber remarked to the LA Times that the home opener crowd was "packing the stadium 45 minutes before game time."

Dignity Health Sports Park joins nine other MLS facilities using Evolv's detection system, as well as a host of other ticketed venues in Southern California including SoFi Stadium.

"We're thrilled to work with Dignity Health Sports Park to bring the Evolv experience to another Southern California venue with a very large and highly engaged sports and live entertainment fanbase," said Jay Muelhoefer, chief commercial officer for Evolv Technology. "Just as Dignity Health Sports Park saw how well the technology works for fans across professional soccer, we look forward to the potential for this partnership to help venues choose Evolv to help keep their fans safe."

Evolv Technology detects an average of more than 1,000 security threats every single day for more than 700 customers worldwide. The company's positive impact on professional sports was recently recognized by Sports Business Journal. Evolv Express was given top honors in the "Best In Sports Technology" and "Best In Fan Experience Technology" categories at the outlet's Tech awards announced earlier this month.

"This new partnership reinforces our unwavering commitment not only to providing unforgettable live-event experiences, but also to the safety and security of every guest we entertain at Dignity Health Sports Park," said Josh Veilleux, senior vice president, AEG Global Partnerships. "We are continually looking for new and innovative ways to add value and elevate the guest experience for our fans, and Evolv's cutting-edge technology allows us to do just that."

In addition to sports venues, Evolv's technology helps secure leading theme parks, performing arts centers, casinos, places of worship and hundreds of schools and hospitals across the U.S.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world's most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered screening and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv's advanced systems have scanned more than a billion people since 2019. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category, as well as Sport Business Journal's (SBJ) awards for "Best In Fan Experience Technology" and "Best In Sports Technology". Evolv Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Visual Gun Detection™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit https://evolvtechnology.com.

About AEG

Headquartered in Los Angeles, California, AEG is the world's leading sports and live entertainment company. The company operates in the following business segments: Facilities, which through its affiliation with ASM Global, owns, manages or consults with more than 300 preeminent arenas, stadiums, convention centers and performing arts venues around the world; Music through AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals such as the Coachella Valley Music and Arts Festival; Real Estate, which develops world-class venues, as well as major sports and entertainment districts like Crypto.com Arena and L.A. LIVE, Mercedes Platz in Berlin and The O2 in London; Sports, as the world's largest operator of high-profile sporting events and sports franchises including the LA Kings, LA Galaxy and Eisbären Berlin; and Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 160 million guests annually. More information about AEG can be found at www.aegworldwide.com.

Forward-looking Statements

Certain statements in this press release may constitute "forward-looking" statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events or our Company's performance and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended on December 31, 2023, that was filed with the SEC on February 29, 2024, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on September 30, 2023 that was filed with the SEC on November 9, 2023. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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