NET Power (Rice Acquisition II) ^{Priced, NYSE: NPWR}

We are a newly organized blank check company. We intend to focus our search for a target business in the broadly defined energy transition or sustainability arena. Specifically, although we may pursue an acquisition opportunity in any business industry or sector, we plan to concentrate our search on supply-side solutions and innovations that enable the economy to decarbonize in sectors that include renewable fuels, sustainable chemical production and feedstocks, carbon capture, utilization and storage technology and equipment, applications, infrastructure and technology focused on reducing the carbon intensity of fuels, energy production methods, and industrial processes. We intend to identify and acquire a business that could benefit from a hands-on owner with extensive operational experience and the public company expertise our management team possesses, and/or that relies on the target’s executive and operational expertise but presents potential for an attractive risk-adjusted return profile under our stewardship. Members of our management team previously served as executive officers of Rice Energy Inc. (“Rice Energy”), an Appalachian Basin focused natural gas operator, and Rice Midstream Partners LP (“Rice Midstream”), an operator of large-scale natural gas and water infrastructure.