Company: EVLVW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001628280-25-021091
Chunk: 2

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 2
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 rd party integrations to enhance their ownership experience.

These advancements position Evolv at the forefront of the rapidly growing market for AI-based weapons detection solutions. We will continue to innovate around our core offering—weapon detection – while also looking for adjacent opportunities to enhance our customer offering by utilizing our position in entryways.

#### Capturing a Growing Market Opportunity
We operate in a strong market and believe the demand for safer environments continues to grow. With more than 500 mass shootings in the U.S. in 2024, venue operators across many end markets — including education, healthcare, professional sports and live entertainment, industrial workplaces, tourist attractions, and houses of worship — are turning to AI-powered weapons detection to complement traditional security measures and ensure safer spaces.

Globally, public safety concerns remain at the forefront, and we believe nearly every public entryway could be a potential candidate for our technology:

• The opportunity ahead of us remains vast. With nearly 130,000 schools across the United States, the education market is large and still in the early stages of security modernization. We are proud that Evolv Express is now

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deployed in more than 1,200 school buildings, helping to screen nearly 700,000 students, teachers, administrators, and other visitors daily. This represents significant growth year over year, yet we are just scratching the surface of what’s possible in securing learning environments.

• Similarly, healthcare remains a major potential growth area. With more than 6,000 hospitals nationwide — and over 70% of workplace violence incidents occurring in healthcare settings — administrators are prioritizing patient and staff safety. Today, more than 400 hospitals rely on Evolv Express, screening more than 700,000 people every day. Our expanding presence in this sector underscores the essential role we play in modernizing hospital security while maintaining a welcoming environment.

• In sports and entertainment, we are fundamentally reshaping the fan experience at venues across professional sports including football, basketball, baseball, hockey and soccer. By enabling faster entry without compromising safety, Evolv Express has become the security solution of choice for leading teams and stadium operators. In the summer of 2024, we also played a critical role in securing one of the world’s largest global sporting events in Europe, screening more than five million visitors — a testament to our ability to deliver at scale on the global stage.

Across these markets, our continued growth is driven by the need for security solutions that balance safety and operational efficiency. As we expand our footprint, we remain focused