Filed by Wallbox B.V.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Kensington Capital Acquisition Corp. II
Commission File No. 001-40114
Date: July 22, 2021
WALLBOX APPOINTS FRANCISCO RIBERAS TO POST-MERGER COMBINED
COMPANY BOARD OF DIRECTORS
BARCELONA,
SPAIN / WESTBURY, NY July 22, 2021 Wallbox, a leading provider of electric vehicle (EV) charging solutions, today announced its appointment of Francisco Riberas to the Wallbox Board of Directors
upon completion of Wallboxs business combination with Kensington Capital Acquisition Corp. II (Kensington) (NYSE: KCAC), which is expected in the third quarter of 2021.
Riberas is currently the Executive Chairman of Gestamp, a Spanish international automotive engineering group dedicated to design, innovation and the
manufacturing of metal components for automobiles in 21 countries. Mr. Riberas founded Gestamp Automoción in 1997 and served on its Board of Directors since its inception, bringing nearly 25 years of experience in advising companies in
the automotive and sustainability verticals to Wallbox. Riberas also sits on the management bodies for a variety of other companies within the family group as well as companies outside of this group such as Telefónica, CIE Automotive and
General de Alquiler de Maquinaria (GAM).
We are honored to add Francisco Riberas to Wallboxs Board of Directors and to bring his vital
industry insights and expertise to our organization, said Enric Asunción, Co-Founder and Chief Executive Officer of Wallbox. Franciscos dedicated background in the management and
advisement of organizations in the automotive space, with a core focus on innovation and sustainability initiatives, will help us further expand our leading position in smart charging and energy management solutions and ultimately promote the
transition to greener transportation and energy solutions worldwide.
The future of the automotive industry lies in the hands of organizations
that are dedicated to transformation, said Francisco Riberas. As a leading provider of cutting-edge solutions, Wallbox is a key innovator in the future of transportation and electric vehicle charging. I look forward to the opportunity to
draw upon my experience and further their mission to drive more sustainable practices for the industry as a whole.
Justin Mirro, Chairman and Chief
Executive Officer of Kensington, added, Naming Francisco Riberas to the board is indicative of Wallboxs leadership in the space. His hands-on experience with designing, analyzing and improving the
manufacturing processes for automobiles on a global scale will play a vital role in helping the company continue to expand into new markets and territories, and will be a fantastic addition to the combined companys board.