Summary of EVERGREEN ENERGY INC

Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 23, 2009, the Board of Directors of Evergreen Energy Inc. (the "Company"), upon the recommendation of the Corporate Governance and Nominating Committee, elected Richard B. Perl to the Board of Directors. The Board has determined that Mr. Perl is "independent" within the meaning of NYSE Arca Equities Rule 5.3(k) and he has no material relationship or reportable transactions with the Company under Item 404(a) of Regulation S-K. Mr. Perl currently serves on the executive team of TerraCycle, Inc., a green company that develops collection locations for post-consumer packaging waste. In 1987, Mr. Perl founded and continues to act as President of Pacific Partners International Investments, Inc. through which he has provided management and advisory services to hundreds of individuals and businesses, mostly in the green sector. Additional specific roles include Senior Advisor to Econergy International, PLC and ABC Carpet & Home; Advisor to Renewal Partners, a seed capital venture fund in Vancouver; CEO of Infinite Possibilities International; and general partner in Whitetail Resort. Mr. Perl has not been appointed to any committees of the Board.

Mr. Perl, as a non-employee director, will participate in the standard non-employee director compensation arrangements described in the Company's 2009 proxy statement, which include an annual retainer fee of $20,000 and meeting attendance fees for directors not serving on any committees of $2,000 per meeting for each meeting attended in person and $1,000 per meeting for each meeting attended telephonically. In addition to his director fees, Mr. Perl will be eligible to receive equity awards under the Company's stock incentive plans. Consistent with the Company's current policies, Mr. Perl received an option to purchase 50,000 shares of the Company's common stock at an exercise price of $0.96 per share, the closing market price on June 23, 2009. The options are immediately exercisable and expire on June 23, 2012. Additionally, Mr. Perl will receive $2,500 per day in a combination of stock and cash when he is providing consulting services to the Company.

On June 25, 2009, the Company issued a press release announcing Mr. Perl's election to the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.