Einride Appoints U.S. General Keith B. Alexander to the Board of Directors, Further Scaling its Defense Business

• Amazon board member and former NSA Director General (Ret.) Keith B. Alexander joins Einride's Board of Directors to support defense-grade security, cyber resilience, and scaling of Einride's offer within the defense space.
• The appointment marks the next step in the establishment of Einrides defense business following initial pilot contracts with NATO-allied defense organization.
• Einride offers its vehicle-agnostic autonomous system, the Einride Driver, through its technology licensing business model. This system can be deployed on new vehicle platforms or fitted onto existing fleets, creating a faster and more cost-efficient path to autonomy.
• More broadly, Einride provides a platform that brings together autonomous technology, AI-powered planning and optimisation, electric freight operations and charging infrastructure. That integrated approach gives defense organisations access to a capable, scalable and operationally grounded solution.

STOCKHOLM, April 17, 2026 — Einride AB ("Einride" or the "Company"), a technology company driving the transition to cost-efficient electric and autonomous freight operations for some of the world's largest shippers, today announced the appointment of General (Ret.) Keith B. Alexander to its Board of Directors. The Company also announced the next step in the establishment of a dedicated defense business focused on bringing its autonomous drive capabilities to defense organizations worldwide.

General Alexander brings a distinguished career spanning U.S. military intelligence, cybersecurity, and public company leadership. A current member of Amazon's Board of Directors, he previously served as a four-star general and as the longest-serving director of the U.S. National Security Agency (NSA), and was the founding commander of the U.S. Cyber Command, the institution defending the nation in cyberspace. Following his military retirement, he founded cybersecurity firm IronNet, where he served as CEO and Chairman. General Alexander has also served on corporate boards and the President's Commission on Enhancing National Cybersecurity. He is a graduate of the U.S. Military Academy at West Point.

"Autonomous systems operating in defense environments face a distinct threat landscape, where adversaries probe for vulnerabilities in communication, navigation, and control," said General Alexander. "What brought me to Einride is its strong operational foundation, proven safety record and real operational experience. My role is helping ensure Einride's systems meet the standards required by NATO-allied and U.S. defense organizations and scale from pilots to full programs."

"General Alexander has spent decades operating at the intersection of technology, security, and high-stakes decision-making," said Robert Falck, Chairman of Einride's Board of Directors. "As Einride continues to expand its offering to the defense sector, his knowledge and experiences are exactly what we need in the boardroom."

Following the successful completion of its first pilot contract for autonomous applications with a European NATO-allied defense organization, Einride is now establishing a dedicated defense business. This expansion reflects a broader strategic shift underway across Europe and NATO-aligned nations, where governments are accelerating investment in autonomous systems.

"Having validated our technology in a defense context, we're now moving with intent, recruiting specialized talent, developing defense-specific expertise, and bringing in leadership with deep domain knowledge," said Roozbeh Charli, Chief Executive Officer of Einride. "Appointing General Alexander to our Board of Directors is one concrete example of that, his experience directly strengthening our strategic direction in this space."

Under its Technology licensing business model, Einride offers its vehicle-agnostic autonomous system, the Einride Driver, which can be deployed on new vehicle platforms or fitted onto existing fleets, providing a faster and more cost-efficient path to autonomy.

With its Freight-Capacity-as-a-Service business model, Einride combines autonomous and electric trucks, AI optimization software, and charging infrastructure into one integrated solution. The Company operates one of the world's largest electric heavy-duty fleets, serving customers in the U.S., Europe and the Middle East with its electric and autonomous technology. The Company has established strong commercial traction with more than 30 enterprise customers across seven countries and approximately $92 million in expected annual recurring revenue from signed customer contracts.

Einride is currently advancing toward a public listing through a proposed business combination with Legato Merger Corp. III (NYSEAMERICAN: LEGT) during the first half of 2026.

Read more about Einride's defense and dual-use offering here.

About Einride

Founded in 2016, Einride is a technology company that develops and operates digital, electric and autonomous freight solutions to accelerate the transition to future proofed transportation in a cost-efficient way. Its technology platform includes AI powered planning and optimization, autonomous technologies, one of the world's largest electric heavy-duty fleets and charging infrastructure. Einride is serving customers across North America, Europe and the Middle East.

On November 12, 2025, Einride and Legato announced they had entered into a definitive business combination agreement for a proposed business combination (the "Transaction") that would result in Einride becoming a NYSE-listed public company. The Transaction was unanimously approved by the Boards of Directors of Legato and Einride. Completion of the Transaction is anticipated to occur in the first half of 2026 subject to customary closing conditions, including regulatory approvals.

About Legato Merger Corp. III:

Legato is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with one or more businesses or entities.

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