The Redis EVAL command executes a Lua script on the server. You provide the script, the number of keys, then the keys and arguments. Redis separates keys into the KEYS array and other arguments into ARGV. The Lua script runs with these inputs and returns a result. For example, the script 'return {KEYS[1], ARGV[1]}' returns the first key and first argument. The execution steps include receiving the command, parsing the script, running it with KEYS and ARGV, and returning the output. It's important to specify the number of keys correctly so Redis knows how to split inputs. If the script accesses keys or args that don't exist, it gets nil. This command allows custom logic inside Redis with atomic execution.