BRIEF-Cruise Releases Quinn Emanuel Urquhart & Sullivan Report On Oct 2 Incident In San Francisco

Cruise: * CRUISE RELEASES QUINN EMANUEL URQUHART & SULLIVAN REPORT REGARDING OCT 2, 2023 INCIDENT IN SAN FRANCISCO

* CRUISE: REPORT FOUND EVIDENCE TO DATE DOES NOT SHOW CRUISE LEADERSHIP INTENDED TO DECEIVE OR MISLEAD REGULATORS DURING ITS ORAL BRIEFINGS ON OCT 3 * CRUISE: REVIEW FOUND IN IMMEDIATE HOURS POST INCIDENT, EMPLOYEES WERE NOT AWARE OF AV’S PULLOVER MANEUVER/DRAGGING AT TIME IT ISSUED INITIAL STATEMENT

* CRUISE: REVIEW ALSO SHOWS CRUISE FAILED TO UPDATE PRESS STATEMENT OR SHARE FULL VIDEO ONCE IT BECAME AWARE OF AV’S PULLOVER MANEUVER/DRAGGING FACTS * CRUISE: CO ACCEPTS QUINN EMANUEL’S CONCLUSIONS AND WILL ACT ON ALL OF THEIR RECOMMENDATIONS

* CRUISE: FULLY COOPERATING WITH AGENCIES WHICH HAVE OPENED INVESTIGATIONS ON INCIDENT, INCLUDING U.S. DOJ AND U.S. SEC * CRUISE: HAVE MADE SIGNIFICANT PROCESS IMPROVEMENTS AND OPERATIONAL AND TECHNICAL CHANGES, AND THIS WORK IS ONGOING

* CRUISE: SET UP A NEW CHIEF SAFETY OFFICER ROLE AND APPOINTED AN INTERIM LEADER WHILE SEARCH IS UNDERWAY FOR A PERMANENT HIRE * CRUISE: "ACKNOWLEDGE THAT WE HAVE FAILED TO LIVE UP TO THE JUSTIFIABLE EXPECTATIONS OF REGULATORS AND THE COMMUNITIES WE SERVE" Further company coverage: