PNC FINANCIAL SERVICES GROUP, INC. — Director's Dealing 2021

Jan 8, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Empowerment & Inclusion Capital I Corp. (EPWR)
CIK: 0001825720
Period of Report: 2021-01-07

Reporting Person: PNC Investment Capital Corp. (10% Owner)
Reporting Person: PNC FINANCIAL SERVICES GROUP, INC. (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (3777750)		Direct

Footnotes

F1: The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, on a one-for-one basis (unless otherwise provided in the Issuer's initial business combination agreement), subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-251613) (the "Registration Statement") and have no expiration date.

F2: The shares of Class B common stock beneficially owned by the Reporting Persons include up to 492,750 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in full in connection with the Issuer's initial public offering of units, as described in the Registration Statement.

F3: The securities are held directly by PNC Investment Capital Corp. ("PNCIC"). The PNC Financial Services Group, Inc. wholly owns and controls PNCIC and has voting and dispositive control over the securities held directly by PNCIC.