Beam Global (BEEM)

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PROPOSAL TWO: APPROVAL OF AN AMENDMENT TO OUR ARTICLES OF INCORPORATION TO CHANGE OUR CORPORATE NAME TO BEAM GLOBAL

The Board has unanimously adopted and now recommends for your approval a proposal to amend our Articles of Incorporation to change our corporate name from Envision Solar International, Inc. to Beam Global. The text of the proposed amendment to Article One of our Articles of Incorporation is: “The name of the corporation is Beam Global.”

We believe the current name of Envision Solar International, Inc. no longer accurately reflects the operations of the Company, and we believe the proposed name change better conveys our products and services. The name change proposal, if approved by our stockholders, would have the effect of changing the legal name of the Company. If the name change is not approved, the Company’s legal name will continue to be Envision Solar International, Inc.

The change in the Company’s name will not affect the status of the Company or the rights of any stockholder in any respect, or the transferability of stock certificates presently outstanding. The currently outstanding stock certificates evidencing shares of the Company’s securities bearing the name Envision Solar International, Inc. will continue to be valid and represent shares of the Company following the name change. In the future, new share certificates will be issued bearing the new name, but this in no way will affect the validity of your current share certificates.

If the proposal is approved by the stockholders, the name change will become effective upon the filing of the amendment to our Certificate with the Secretary of State of the State of Nevada. The Company intends to file the amendment promptly after the stockholders approve the name change. The Company would also be required to seek a change in the trading symbol of the Company’s common stock and publicly traded warrants as soon as practicable following stockholder approval of the proposal.

The affirmative vote of at least a majority of our outstanding shares of common stock is required to approve this proposed amendment to our Articles of Incorporation.

The Board of Directors unanimously recommends that stockholders vote “FOR” the amendment of our Articles of Incorporation to change our corporate name to Beam Global.

https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=14080720&RcvdDate=4/17/2020&CoName=ENVISION%20SOLAR%20INTERNATIONAL%2C%20INC.&FormType=PRE%2014A&View=html