Fast Radius SPAC Presentation Deck

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#1RFAST RADIUS The First-of-its Kind Cloud Manufacturing and Digital Supply Chain Company Investor Presentation July 19, 2021 fastradius.com A 4 X 4 O C NI D FAST RADIUS Conector 30 E 4 F R 8 A G 2 N T Unensions 400x400x383mm H Y M ✔ U When potrd K 0522mm 7 F 2 20 0 FAST RADIUS F DE a Inter PART DETAILS Mama Sep S-#2Disclaimer and Risk Factors General. This presentation (this "Presentation") is provided solely for informational purposes and has been prepared to assist interested parties in making their own evaluation with respect to (i) the proposed business combination (the "Transaction") between ECP Environmental Growth Opportunities Corp. ("ENNV") and Fast Radius, Inc. ("Fast Radius") and (ii) E NNV's proposed private offering of public equity (the "PIPE Offering"), and for no other purpose. This Presentation is subject to update, completion, revision, verification and further amendment. None of ENNV, Fast Radius, or their respective affiliates has authorized anyone to provide interested parties with additional or different information. No securities regulatory authority has expressed an opinion about the securities discussed in this Presentation and it is an offense to claim otherwise. The information contained herein does not purport to be all-inclusive or contain all of the information that may be required to make a full analysis of Fast Radius, the Transaction or the PIPE Offering. Viewers of this Presentation should each make their own evaluation of Fast Radius and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. Nothing herein shall be deemed to constitute investment, legal, tax, financial, accounting or other advice, and you should consult with your own attorney, business advisor and tax advisor as to legal, business, tax and other matters related hereto. No representations or warranties, express or implied, are given in, or in respect of, this Presentation. To the fullest extent permitted by law, in no circumstances will ENNV, Fast Radius, or any of their respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from use of this Presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Confidentiality. The purpose of this Presentation is to provide information to assist in obtaining a general understanding of ENNV, Fast Radius, the Transaction and the PIPE Offering. This information is being distributed to you on a confidential basis. By receiving this information, you and your affiliates agree (1) to maintain the confidentiality of all of the information contained herein, (2) that no portion of this Presentation may be reproduced in whole or in part and that neither this Presentation nor any of its contents may be given or disclosed to any third party without the express written permission of ENNV and Fast Radius, (3) that the information contained herein is subject to the terms of any confidentiality agreement entered into with ENNV and Fast Radius and (4) to use this Presentation for the sole purpose of evaluating the Transaction and the PIPE Offering. Any reproduction or distribution of this Presentation, in whole or in part, or the disclosure of its contents, without the prior written consent of ENNV and Fast Radius is prohibited. Forward-Looking Information. This Presentation contains certain forward-looking statements within the meaning of the federal securities laws with respect to the Transaction, including statements regarding the anticipated benefits of the Transaction, the anticipated timing of the Transaction, the future financial condition and performance of Fast Radius and expected financial impacts of the Transaction (including future revenue and pro forma enterprise value), the PIPE Offering, and the platform and markets and expected future growth and market opportunities of Fast Radius. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "scales," "representative of," "valuation," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this Presentation, including but not limited to: (i) the risk that the Transaction may not be completed in a timely manner or at all, which may adversely affect the price of EN NV's securities, (ii) the risk that the Transaction may not be completed by ENNV's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by ENNV, (iii) the failure to satisfy the conditions to the consummation of the Transaction, including the requisite approvals of ENNV's and Fast Radius' stockholders, the satisfaction of the minimum trust account amount following any redemptions by ENNV's public stockholders and the receipt of certain governmental and regulatory approvals, (iv) the lack of a third party valuation in determining whether or not to pursue the Transaction, (v) the risk that the PIPE Offering is not completed, (vi) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the Transaction, (vii) the effect of the announcement or pendency of the Transaction on Fast Radius' business or employee relationships, operating results and business generally, (viii) the risk that the Transaction disrupts current plans and operations of Fast Radius, (ix) the risk of difficulties in retaining employees of Fast Radius as a result of the Transaction, (x) the outcome of any legal proceedings that may be instituted against Fast Radius or against ENNV related to the merger agreement or the Transaction, (xi) the ability to maintain the listing of ENNV's securities on a national securities exchange, (xii) changes in the competitive industries in which Fast Radius operates, variations in operating performance across competitors, changes in laws and regulations affecting Fast Radius' business and changes in the combined capital structure, (xiii) the ability to implement business plans, forecasts, and other expectations after the completion of the Transaction, and the ability to identify and realize additional opportunities, (xiv) risks related to the uncertainty of Fast Radius' projected financial information, (xv) risks related to Fast Radius' potential inability to become profitable and generate cash, (xvi) current and future conditions in the global economy, including as a result of the impact of the COVID-19 pandemic, (xvii) the risk that demand for Fast Radius' cloud manufacturing technology does not grow as expected, (xviii) the ability of Fast Radius to retain existing customers and attract new customers, (xix) the potential inability of Fast Radius to manage growth effectively, (xx) the potential inability of Fast Radius to increase its cloud manufacturing capacity or to achieve efficiencies regarding its cloud manufacturing process or other costs, (xxi) the enforceability of Fast Radius' intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others, (xxii) Fast Radius' dependence on senior management and other key employees, (xxiii) the risk of downturns and a changing regulatory landscape in the highly competitive industry in which Fast Radius operates, and (xxiv) costs related to the Transaction and the failure to realize anticipated benefits of the Transaction or to realize estimated pro forma results and underlying assumptions, including with respect to estimated stockholder redemptions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties which will be more fully described in the "Risk Factors" section of the proxy statement / [consent solicitation statement/] prospectus discussed below and other documents filed by ENNV from time to time with the Securities and Exchange Commission (the "SEC"). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Fast Radius and ENNV assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Fast Radius nor ENNV gives any assurance that either Fast Radius or ENNV, or the combined company, will achieve its expectations. No Offer or Solicitation. This Presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the U.S. Securities Act of 1933, as amended. FAST RADIUS. Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 2#3Disclaimer and Risk Factors (cont'd) Use of Projections. This Presentation contains financial forecasts with respect to Fast Radius' projected gross revenue, cost of goods sold, operating expenses, gross profit, EBITDA and Free Cash Flow for 2021, 2022, 2023, 2024 and 2025. The financial and operation forecasts and projections contained herein represent certain estimates of Fast Radius as of the date hereof and are included herein for illustrative purposes only. Neither ENNV's independent auditors nor Fast Radius' independent public accountants have audited, examined, reviewed or compiled the forecasts or projections and, accordingly, do not express an opinion or other form of assurance with respect thereto. These projections should not be relied upon as being necessarily indicative of future results. In this Presentation, certain of the above-mentioned projected information has been repeated (in each case, with an indication that the information is an estimate and is subject to the qualifications presented herein) for purposes of providing comparisons with historical data. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of ENNV, Fast Radius, or the combined company after completion of the Transaction, or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this Presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved. The "pro forma” financial data included herein have not been prepared in accordance with Article 11 of Regulation S-X of the SEC, are presented for informational purposes only and may differ materially from the Regulation S-X compliant pro forma financial statements of Fast Radius for the year ended December 31, 2020 to be included in ENNV's proxy statement in connection with the Transaction (when available). Financial Information; Use of Non-GAAP Financial Measures. The financial information and data contained in this Presentation is unaudited and does not conform to Regulation S-X. Such information and data may not be included in, may be adjusted in or may be presented differently in the Registration Statement to be filed relating to the Transaction and the proxy statement / [consent solicitation statement /] prospectus contained therein. This Presentation includes certain financial measures that have not been prepared in accordance with generally accepted accounting principles in the United States ("GAAP"), including EBITDA and Free Cash Flow. EBITDA is defined as net income (loss) plus interest expense, net, provision for income taxes plus depreciation and amortization, net. Free Cash Flow is defined as EBITDA minus acquisitions and capital expenditures. Except as otherwise noted, all references herein to full-year periods refer to Fast Radius' fiscal year, which ends on December 31. These non-GAAP measures are an addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with GAAP or as an alternative to cash flows from operating activities as a measure of Fast Radius' liquidity. Not all of the information necessary for a quantitative reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is available without unreasonable efforts at this time, but see slide 70 for more details regarding EBITDA and Free Cash Flow, including the reconciliation of these measures to the nearest comparable GAAP measures. Fast Radius believes that these actual and forward-looking non-GAAP measures of financial results provide useful supplemental information about Fast Radius. Fast Radius' management uses these forward-looking non-GAAP measures to evaluate Fast Radius' projected financial and operating performance. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore Fast Radius' non-GAAP measures may not be directly comparable to similarly titled measures of other companies. You should review Fast Radius' audited financial statements, which will be included in the Registration Statement. Industry And Market Data. This Presentation has been prepared by ENNV and Fast Radius and includes market data and other statistical information from third-party sources. Although ENNV and Fast Radius believe these third-party sources are reliable as of their respective dates, none of ENNV, Fast Radius, or any of their respective affiliates has independently verified the accuracy or completeness of this information and cannot guaranty its accuracy and completeness. Some data is also based on good faith estimates of ENNV and Fast Radius, which are derived from both internal sources and the third-party sources described above. None of ENNV, Fast Radius, their respective affiliates, nor their respective directors, officers, employees, members, partners, stockholders or agents make any representation or warranty with respect to the accuracy of such information. Additional Information and Where to Find It. This Presentation relates to the Transaction. ENNV intends to file a registration statement relating to the Transaction with the SEC (the "Registration Statement"), which will include a proxy statement / [consent solicitation statement /] prospectus that will be sent to all ENNV [and Fast Radius] stockholders. ENNV will also file other documents regarding the Transaction with the SEC. Before making any voting decision, investors and security holders of ENNV and Fast Radius are urged to read the proxy statement / [consent solicitation statement /] prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the Transaction as they become available because they will contain important information about the Transaction. Investors and security holders will be able to obtain free copies of the Registration Statement, the proxy statement / [consent solicitation statement /] prospectus, and all other relevant documents filed or that will be filed with the SEC by ENNV through the website maintained by the SEC at www.sec.gov. The documents filed by ENNV with the SEC also may be obtained free of charge upon written request to ENNV at 40 Beechwood Road, Summit, New Jersey 07901. Participants in Solicitation. ENNV, Fast Radius and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from ENNV's stockholders in connection with the Transaction. A list of the names of such directors and executive officers and information regarding their interests in the Transaction will be contained in the proxy statement / [consent solicitation statement prospectus when available. You can find more information about ENNV's directors and executive officers in the final prospectus relating to ENNV's initial public offering, which ENNV filed with the SEC on February 10, 2021. You may obtain free copies of these documents as described in the preceding paragraph. Trademarks and Intellectual Property. All trademarks, service marks, and trade names of Fast Radius or ENNV or their respective affiliates used herein are trademarks, service marks, or registered trade names of Fast Radius or ENNV, respectively, as noted herein. Any other product, company names, or logos mentioned herein are the trademarks and/or intellectual property of their respective owners, and their use is not alone intended to, and does not alone imply, a relationship with Fast Radius or ENNV, or an endorsement or sponsorship by or of Fast Radius or ENNV. Solely for convenience, the trademarks, service marks and trade names referred to in this Presentation may appear without the Ⓡ, TM or SM symbols, but such references are not intended to indicate, in any way, that Fast Radius, ENNV or the applicable rights owner will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks and trade names. FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 3#4Executive Summary Today's presenters and transaction highlights FAST RADIUS, INC Lou Rassey CEO, CO-FOUNDER, & DIRECTOR R FAST RADIUS. McKinsey & Company Pat McCusker CFO/COO CHRYSLER & CO-FOUNDER INWK NASDAQ LISTED carcurt city ECP ENVIRONMENTAL GROWTH OPPORTUNITIES ("ENNV") Doug Kimmelman CHAIRMAN (1) Pro forma for the transaction and assuming a $10 per share price. (2) Assumes no redemptions by ECP Environmental Growth Opportunities Corp.'s existing shareholders and transaction expenses of approximately $35M. See slide 55 "Detailed transaction overview" for key assumptions and additional details. (3) UPS is an existing investor and currently holds a seat on the Board of Directors of Fast Radius, Inc. © 2021 Fast Radius, Inc. All rights reserved. Tyler Reeder PRESIDENT, CEO & DIRECTOR Confidential - Not for Distribution TRANSACTION HIGLIGHTS: Business combination of Fast Radius with ENNV ■ ■ ■ ENNV has identified Fast Radius as a unique and compelling opportunity to invest behind the Industry 4.0 mega-trends. TM Fast Radius a category creator with a proprietary and defensible Cloud Manufacturing Platform that will enable sustainable ways of making, storing and moving parts. Fast Radius is well-aligned with ENNV's investment thesis. Transaction structure Valuation Capital structure Ownership ■ M ECP (NYSE: ENNV) is a publicly listed special purpose acquisition company with $345m cash held in trust. $100 million fully committed PIPE, including a $25 million forward purchase commitment from Goldman Sachs Asset Management, L.P. Other investors in the PIPE include UPS(3), ECP, and Palantir. $995M pro forma enterprise value(¹) with a strong balance sheet. Implied 1.6x 2025E revenue of $635M offers an attractive valuation for a high growth business. Post-transaction, ~$410M cash on balance sheet (¹) enables significant optionality to enhance growth, profitability and diversification. Fully funded to expected positive free cash flow and profitability in 2025. Existing Fast Radius shareholders will be rolling 100% of their equity and will own -63% of the combined company at closing.(2) 4#5Executive Summary ECP's founders' long history of investing ● ● ● Chairman / Officers of ENNV have >100 years of experience in disruptive technologies Shifting industry tailwinds moving business interactions closer to the customer, from electricity to manufacturing and beyond Focus on assets with a sustainability-linked footprint Increasing digitalization of traditional industries "ECP $20B+ COMMITTED CAPITAL SINCE 2005 CALPINE CONVERGENT FR FAST RADIUS. 60+ TRANSACTIONS CONSUMMATED OVER LAST 10 YEARS CORMETECH Sunn va RELIABILITY. DELIVERED. Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution R R FAST RADIUS -$2B+ INVESTED IN SUSTAINABLE TECHNOLOGY & SERVICES Gopher Resource. Wheelabrator TECHNOLOGIES X ECP ADA CARBON SOLUTIONS ENVIRONMENTAL ENERGYSOLUTIONS GROWTH MANAGEMENT TEAM HAS HELD 5 CUMULATIVE PUBLIC COMPANY BOARD SEATS OPPORTUNITIES TIRE RECYCLING LO 5#6Executive Summary ENNV's investment thesis for sustainable industrial innovation aligns well with Fast Radius ENNV is a special purpose acquisition company focused on (i) Beneficial Electrification and (ii) Sustainable Technology & Services Fast Radius, a category-creator Cloud Manufacturing and Digital Supply Chain Company, electrifies and distributes the manufacturing process through reshoring manufacturing capacity Unlocks value across the industrial landscape, while enabling more sustainable ways of making, storing and moving parts ✓ Focused on a fragmented, but massive and growing - total addressable market of $350B+ Proven business model, clear path to scale Experienced management team to execute the plan ECP conducted PE buyout-level diligence across all key functions of the business, TAM, and readiness for scale ✓ ✓ FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Sustainability Driven Model Transportation Emissions Energy Consumption Material Extraction/ Waste 6#7FR FAST RADIUS. OUR PURPOSE: Make New Things Possible™ OUR VISION: To build a new infrastructure to design, make, and move things in the digital age OUR PRODUCT: First-of-its-kind Cloud Manufacturing Platform™#8Executive Summary Fast Radius at a glance We have built the Cloud Manufacturing Platform: First-of-its-kind infrastructure to design, make, & move industrial-grade parts in the digital age Process Lead Times (est) Minimum Order Quantity Materials He FR FAST RADIUS Manufacturing Process RFAST RADIUS. The biggest revolution in manufacturing since the assembly line Introducing the Cloud Manufacturing Platform from Fast Radius Cloud Manufacturing FAST RADIUS INSIGHTS PACKAGE DESIGN INSIGHTS Thin sections Large or thick sections Parts with uninterupted large blocks of materia will experience several manufacturing issues Minimum process resolution Resources To Resolve Highlighted sections are too thick Adjust so those sections are below 30mm thick Fragile features Supported surfaces All passed checks w Definitions VIEW VIEW VIEW VIEW SOLID MacBook Pro © 2021 Fast Radius, Inc. All rights reserved. FAST RADIUS. Casing Part #123168-0 SEMAIL MADELYN RESET Confidential - Not for Distribution Quotes Orders Cancel Part Information Account Manufacturing Details: DLS, RPU 130 Finish Description: Basic Automated Checks Overhangs Onterior Features Warning O Exterior Features Error All passed checks Reject Part Costing Feedback Costing Feedback Recent Parts Get a quote Apply Notes Reset Shipping Dashboard Shipping Queue 2002-02-11 FORRALTARA 2012 2001-4011 MA 2021-424 300 2001-2004 2014 24 2004- 2014 2014-12 20 W IN Order: 27255 Julie Muskat Order Line Items www. FAST RADIUS A Work Orders Imped Th Released to Floor #29927 REVN ANY An #20034 Hind ANY IN/ M 1 #29551 - #29555 - Tema 29556 P Puting #20273 CA-1 920024 PUN 27 #20526 PEN MacBook Pro wana KC 8#9Executive Summary We are a software company... We have built the first Cloud Manufacturing Platform and infrastructure Examples of the software-enabled customer experience Back Fa 2 poka 1549321643mm 24250 ² DISCOVER Zaxisti 5 Masunga SoLid Compare technologies and materials early in the design and engineering process. (Back Fa sample side 2s 26.9x109x22.8mm Denom O DESIGN sample_side 2.stl TM #3 AUTOMATED CHECKS O Incompl ⒸTSect Passe ⒸM Procution @SOD Ⓒ Supports Suces & Alpet dak PART DETAILS 0000000 Sum Get design insights and feedback before you manufacture. Powered by data captured in our micro-factories. FAST RADIUS Get a quote Add parts to your quote by uploading a file from your computer or select from recently uploaded parts. ADD 3D DESIGN FILES RECENT UPLOADS walt ut m5hread 222 right, box v3.sti Add or Drag and Drop F 0 MAKE SP 00 Account QUOTE SEMMARY Prom F Quantity Ust 1+ v-slot nut_m5_thread 22x2.stl Acade Get a quote Use a modern, on-demand user experience to order industrial- grade parts for production. 1Part (1) Note: Videos accessible at: Discover: fastradius.com/cmp-discover; Design: fastradius.com/cmp-design; Make: fastradius.com/cmp-make; Fulfill: fastradius.com/cmp-fulfill FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Work Orders Released to Floor #29621 Der E 429534 FAST RADIUS #29643 04 #25551 OS- #25558 03-0 Th + like cloud computing, the Cloud Manufacturing Platform™ will host applications and services built by Fast Radius and 3rd parties FULFILL C Am Printing #29523 traws de Post Store certified parts in our Virtual WarehouseTM and eliminate the need for expensive and wasteful physical storage. 9#10Executive Summary and we make industrial-grade parts I ...Using a wide range of manufacturing technologies Broad Tech Menu One-Stop Shop Additive manufacturing CNC machining Injection molding Sheet metal ✓ Urethane casting R FAST RADIUS. ...At commercial scale, not just prototyping 11 million PARTS PRODUCED 85.000 UNIQUE DESIGNS EVALUATED Production runs in the 1000's Certified production supplier for top OEMs In many cases, first and only production additive supplier © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution ...For established blue-chip industrial clients and high- growth start-ups Aerospace & Defense Collins Aerospace SATAIR Consumer Rawlings Colgate® Medical axial³D COAPT Automotive & Transportation Yanfeng Global Automotive cros ·APTIV. Industrial TOYOTA ADVANCED LOGISTICS Danfoss Technology COBALT STE connectivity Served 45 Fortune 500 companies About a third of revenue is from start-ups ...Both in our micro-factories and using a highly-vetted network of 3rd party manufacturers ✓ 4 micro-factories and expanding CHICAGO WHE CHICAGO (C LOUISVILLE/UPS WORLDPORT CHICAGO ✓ Recognized by World Economic Forumas one of most advanced factories globally ✓ Global supplier network Brings production closer to demand 10#11Executive Summary Proof points of a quick-to-scale and resilient revenue growth engine Fast Radius flywheel drives account expansion... Awareness and confidence in cloud manufacturing 2,000+ customers (¹) Additional Engineers Additional Parts O GROWTH Part Volume Ramps into Production CUSTOMERS 85,000 unique designs evaluated (¹) Parts produced from the cloud 11+ million parts produced (¹) 71 Net Promoter Score (2) (1) All numbers are cumulative since 2017; customers refers to the number of unique companies served (2) Based on regular, automated surveys of customers; rolling average as of 4/13/2021 R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution ...fueling rapid topline growth 2017A 96% CAGR 2020A $24.5M 2021E >100% CAGR REVENUE FORECASTS 2025E $600M+ 2025E 11#12Executive Summary The Fast Radius solution at work: Medical device demand spike during COVID-19 pandemic Problem: COVID-19 pandemic created urgent need for additional production. Incumbent supplier said no. Solution: Impact: FR FAST RADIUS. Fast Radius was already an approved production supplier for customer. Cloud platform evaluated part requirements - and Fast Radius said yes. Fast Radius provided 2,000 parts in a matter of weeks, enabling shipment of life-saving medical devices in the first wave of COVID-19. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 31 12.0 25 12.0 0.21 Note: images are representative of a disguised customer case study OO ET 12#13Our plan is to build the first $100+ Billion Cloud Manufacturing and digital supply chain company R FAST RADIUS We are a software company... and we make parts FR FAST RADIUS. Ⓡ © 2021 Fast Radius, Inc. All rights reserved. 01 02 03 04 Opportunity: Next era of Manufacturing Universal Problem Solution: Cloud Manufacturing Platform™ Model built to scale 05 World-recognized leader 06 Attractive growth path 07 Team uniquely equipped to execute Confidential-Not for Distribution $18T sector being re-set by Industry 4.0 & massive secular forces • $350B+ addressable market today Rigid, wasteful, outdated manufacturing & supply chain infrastructure ... leads to slow, inefficient product development processes First-of-its-kind platform, delivering design, manufacturing & supply chain services over the internet Like cloud computing, but for the physical world. Infrastructure includes physical factories + software OS + apps and services platform Apps today include FR On-Demand, FR Virtual Warehouse, FR Additive Launch... with a robust pipeline in development Proprietary data architecture and micro-factories, designed to 'copy & paste' to enable a distributed, digitally connected network • Software apps and services platform create unique flywheel New physical + digital infrastructure to make & move parts globally • Validated and trusted by Fortune 500 customers across industries Recognized as one of the most advanced factories in the world Nearly 100% revenue CAGR past 4 years. 2,000+ customers served Plan estimated to generate $600M+ revenue in 2025 with compelling unit economics Highly-experienced, visionary team to pursue the opportunity 13#1401 FR FAST RADIUS. Market Context: $350B+ growing TAM being reset by Industry 4.0 and massive secular forces © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution#1501 Market context Our addressable market is $350B+ today and expected to grow to $600B+ by 2030 Our Cloud Manufacturing Platform™ allows us to participate across all manufacturing technologies Addressable production TAM by manufacturing technology, $B Additive manufacturing> Sheet metal Injection molding CNC machining 368 -9- 45 95 219 473 27 53 120 273 610 55 62 151 342 CAGR (%) 20-30 5% 20% 3% 5% 5% TAM for the technologies we offer today is $778B, but today we focus on volumes <100,000 which brings the TAM to $368B 2020 2025 2030 Source: "3D Printing and Additive Manufacturing Global State of the Industry" Wohlers Reports (2020), with addressable subset and projections as estimated by third-party market study "Injection Molded Plastics Analysis and Segment Forecasts To 2027" Grand View Research (2020)", with addressable subset and projections as estimated by third-party market study "Category Intelligence on Machining" Beroe (2020)", with addressable subset and projections as estimated by third-party market study "Metal Stamping Market Analysis" Grand View Research (2020), "Global Metal Stamping Market 2020-2027" Acumen Research (2020); with addressable subset and projections as estimated by third-party market study TR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 15#1601 Market context Large menu of technology advances is driving Industry 4.0 Combination of tools, technology, and expertise changing how we make and move things around the world DIGITAL DESIGN Digital design and simulation Industrial collaboration platforms Knowledge automation Artificial Intelligence / Machine Learning FR FAST RADIUS. FAST RADIUS IS CONSTRUCTING THE DIGITAL THREAD THAT UNLOCKS NEW BUSINESS MODELS Carbon ADVANCED EQUIPMENT 3D printing Industrial robotics/ automation Machine tool innovations Testing and measurement ✓ Advanced materials © 2021 Fast Radius, Inc. All rights reserved. DIGITAL FACTORIES & OPERATIONS Industrial Internet of Things (IOT) Smart worker tech Workflow automation Industrial wearables Industrial drones & satellites AR/VR Confidential - Not for Distribution SUPPLY CHAIN Digital warehousing Next-gen supply chain/ERP INDUSTRIAL INFRASTRUCTURE Digital production networks Industrial cybersecurity Warehouse automation technologies ✔ IOT sensors Autonomous transport IOT connectivity Elements of Fast Radius platform R Ⓡ FAST RADIUS BREAKTHROUGH BUSINESS MODELS Software platforms and cloud-based application ecosystem On-demand manufacturing and supply chain apps Digital-first customer experience and business processes Data and insight flywheels 16#1701 Market context Market is undergoing fundamental disruption with multiple strong tailwinds behind Cloud Manufacturing Industry 4.0 is here. Expertise is scarce. FR FAST RADIUS. gegen Restauran Industry 4.0 brings unprecedented innovation across tools of Al, design, production, fulfillment, including industrial-grade additive manufacturing There is a skills gap for Industry 4.0 Traditional manufacturing expertise is being lost as "mom and pop" shops close down © 2021 Fast Radius, Inc. All rights reserved. People want (expect) easy and modern experiences. "Consumerization of B2B" and digital-first experiences On-Demand fulfillment is now expected 2020 pandemic accelerating new ways of working and collaborating remotely Confidential - Not for Distribution Global appetite for more agile, local and sustainable supply chains. Need for a cleaner, more sustainable industry Supply chain insecurities and inefficiencies made evident by COVID-19 pandemic Push for local sourcing / reshoring Global trade tensions threaten supply 17#1802 FR FAST RADIUS. Universal Problem: Lack of new, trusted manufacturing & supply chain infrastructure... leads to slow, inefficient product development processes. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution MCW NET NELL 2201 212131 2261 211898 2201 MAX.OR NAL CARE CU CAP NET 618538 2210 2121553 TWE BLA 2201 www RA 2003 N 226. 1564 2261 18#1902 Universal Problem Outdated infrastructure Current state of making and moving physical products is rigid, wasteful, and inaccessible Centralized mega-factories Minimum order sizes in the millions R FAST RADIUS. 20:30 251 401 Slow-moving, carbon intensive supply chains © 2021 Fast Radius, Inc. All rights reserved. Moving parts by air, land, and sea is slow and expensive Confidential - Not for Distribution 300 G FU Massive physical inventory Trillions of dollars tied up; hugely inefficient Sub-scale operators Minimal investment in Industry 4.0; limited transparency / insights 19#2002 Universal Problem Outdated infrastructure Most component manufacturing is done by a highly-fragmented set of small suppliers US machining production TAM¹, $B 15 10 5 $0 Approximately 90% of US machining output is via small and smaller-medium business 2 0-4 5% 8,350 R FAST RADIUS. 3 5-9 8% 3,644 LO © 2021 Fast Radius, Inc. All rights reserved. 5 10-19 14% 2,810 Source: Third party market study. 1. Figures represent revenue and is a proxy for the respective mfg. process based on 2017 U.S. Census. 2. Business organization consisting of one or more domestic establishments in the same geographic area and industry that were specified under common ownership or control. 15 Confidential - Not for Distribution 20-99 41% 2,539 8 100-499 21% 356 500+ 11% 130 We are disrupting the highly fragmented small-to-medium volume manufacturing market - the opportunity set for Fast Radius is significant # of employees Share of total, % # of firms 20#2102 Universal Problem Painful product development processes This industry structure creates pain across the lifecycle for an engineer - entire experience is rigid, outdated, and the needed expertise and infrastructure is out of reach DISCOVER "I read something new about additive every day, but where do I start?" "How do I best design this part so it can be made well at the right price?" Example customers 1 I Yanfeng Global Sutomotive interiors 1 DESIGN I "I don't need 1 million; why can't l economically design I product variants I know my customers want?" "The process to communicate with my suppliers feels like 1995." Rawlings Danfoss Note: Quotes are representative sentiments of specific customers, but not direct quotes R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. •APTIV. MAKE "My supplier can't serve my demand spike for COVID supplies?" "Additive sounds great, but we have no certified production suppliers." Colgate® Confidential - Not for Distribution FULFILL "I can order my cereal on-demand, but my custom parts are i going to take months?" "Why can I see where my pizza is, but not my part?" SATAIR TOYOTA ADVANCED LOGISTICS 21#2203 FRI FAST RADIUS. Fast Radius' Cloud Manufacturing Platform: New digital and physical infrastructure to design, make and move industrial parts in the digital age © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution#2303 Fast Radius' Cloud Manufacturing Platform™ Cloud Manufacturing creates a new industrial infrastructure Shifts the manufacturing industry from being rigid, wasteful and inaccessible.... to flexible, sustainable, and accessible From Rigid To Wasteful Inaccessible Flexible Sustainable Accessible R FAST RADIUS. Centralized Mega-factories Localized micro-factories © 2021 Fast Radius, Inc. All rights reserved. Slow-moving, carbon-intensive supply chains Shipping at the speed of light, in a more sustainable way Confidential - Not for Distribution 300 N Massive physical inventory ↓ Digital inventory Sub-scale operators At-scale Industry 4.0, with real-time insights 23#2403 Fast Radius' Cloud Manufacturing Platform™ Next generation customer experience Cloud Manufacturing Platform™ eases the pain across the lifecycle for an engineer - making manufacturing easier, smarter and more capable DISCOVER "Fast Radius helped us understand where additive fits in our supply chain and now we're using it." "Fast Radius helped us understand how to make a new geometry previously impossible for a new product launch." Example customers Yanfeng dlobal Automotivos DESIGN "Fast Radius helped us launch a new variant for Ford F- 350 trucks that was previously not economically viable." "The Fast Radius collaboration tools make so much sense - why wasn't this available before?" ● Rawlings Danfoss Note: Quotes are representative sentiments of specific customers, but not direct quotes TR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. APTIV MAKE "When COVID hit, Fast Radius produced a mission-critical component when our incumbent suppliers said no." "Two years ago we didn't have a certified supplier for additive. Now we do. Fast Radius is making parts we're putting on cars." Colgate® Confidential - Not for Distribution I I I I I idays." I I I I I "Fast Radius cut lead times for critical parts from months to FULFILL "We've never seen this level of transparency into the production and fulfillment of our parts - and we buy a lot of parts!" SATAIR TOYOTA ADVANCED LOGISTICS 24#2503 Fast Radius' Cloud Manufacturing Platform™ Introducing the Fast Radius Cloud Manufacturing Platform" The first-of-its-kind platform for driving innovation in manufacturing... just as seen in cloud compute Our platform Our product is a Cloud Manufacturing Platform that allows engineers to get insights and parts on-demand when they need them Provides scalable, cutting-edge access to manufacturing for everyone with a browser Delivers real-time actionable intelligence across the product lifecycle Platform designed for new applications and services to be built from Fast Radius and 3rd party developers FR FAST RADIUS. Applications & Services Operating System Learning Engine & Digital Thread Infrastructure (factories + data) © 2021 Fast Radius, Inc. All rights reserved. Design Confidential - Not for Distribution Make Discover FOOD Fulfill Customer-facing application and services platform. RFAST RADIUS. FAST RADIUS. FAST RADIUS. On Demand Additive Launch Virtual WarehouseTM Software OS platform to power the end-to-end customer experience; designed for apps to be built on top. Manufacturing and supply chain. Marketing, sales, engineering, customer success. Digital Thread is the DNA of how every part is made. Learning Engine allows us to analyze the data we collect, getting smarter with every part we make. Production centers (our factories + our suppliers) make parts through a software-driven workflow; collect data across the manufacturing process. 25#2603 Fast Radius' Cloud Manufacturing Platform™ FR FAST RADIUS On Demand Upload your design, and you get insights in minutes, and parts within days... and whenever needed thereafter. ▪ From discovery through fulfillment Cutting-edge additive manufacturing tech and traditional machining and molding ▪ For prototypes to mid-volume production ■ Highlights: Our platform is Powered by Software. You Partner with People. Curtiss FR FAST RADIUS. COAPT Danfoss COMPLETE CONTROL Global Automotive Interiors. © 2021 Fast Radius, Inc. All rights reserved. Steelcase Confidential - Not for Distribution 26#2703 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS On Demand Customer Case Study: Curtiss Motorcycles Problem Solution Impact R FAST RADIUS. Curtiss Motorcycle designed a new electric motorcycle but was struggling to manufacture various components. Curtiss relying on Fast Radius platform to manufacture over 100 parts on the bike across 8 manufacturing technologies. Curtiss brings a new electric motorcycle to the world in 2021. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution FAN MOT O PRA 3 27#2803 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS On Demand Curtiss Motorcycles: From 60 to 200+ parts in 18 months Ongoing engagement started with one technology (CNC) to multiple processes across traditional and additive. 2019 S que 2020 10x+ sales growth(¹) Suve 1 Unique Design / 65+ Parts 1 Unique Design / 120+ Parts Note: images are not the actual part images, but are representative of the types of customer parts in production (1) YTD 2021 sales growth of ~7.5x, but based on verbal commitments, estimated sales growth of 10x+ in 2021 vs. 2019 FR FAST RADIUS. Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 2021 0 A gove 2 Unique Designs / 225+ Parts (estimated) 28#2903 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS On Demand Comparison Tool A central question for every engineer is "what is the best way to make this part?" Engineers can instantly compare manufacturability, price, and other key attributes across multiple technologies and material types. Most engineers aren't familiar with the latest Industry 4.0 innovations and this allows them to learn and adopt new ways of making parts. Note: Video accessible at: fastradius.com/cmp-discover FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Back File Name Z-axis.stl Confidential - Not for Distribution Dimensions 154.9 x 32.1 x 64.1 mm Volume 24250 mm³ File Units: mm v Re Z-axis.stl MacBook ⠀⠀⠀ 5 PART DETAILS Quantity* 1 Manufacturing process * Select from List Choose a process Finish Standard Inspection Select from List Notes Save View Definitions Specify material, finish, or inspection requirements here. Unit price $-- Additional specifications described in Notes may not be included in Fast Radius's instant quote. Requests may affect feasibility, pricing and lead times. li Total 29#3003 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS On Demand Automated quoting and ordering portal Platform uses machine learning to provide real- time design feedback and pricing across a range of manufacturing technologies and material types. Once the design and quantities are finalized, platform guides the engineer through a modern ecommerce checkout process. After the order is placed, platform provides transparency across the production and fulfillment stages. Note: Videos accessible at: fastradius.com/cmp-make FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. FAST RADIUS. Get a quote Add parts to your quote by uploading a file from your computer or select from recently uploaded parts. ADD 3D DESIGN FILES Accepted file types + RECENT UPLOADS Confidential - Not for Distribution + right_box_v3.stl 04/21/21, 6:11 PM Add or Drag and Drop Files Units: mm v-slot_nut_m5_thread_22x2.stl 06/09/21, 5:22 PM 2378922_TE_Logo v1 (1).stl 000 Add Add Add MacBook 5 Parts Quotes Orders QUOTE SUMMARY Quantity Account ✓ 1 v-slot_nut_m5_thread_22x2.stl Ⓒ Total $-- Process Finish Unit price $-- Get a quote Standard Add manufacturing details to continue 1 Part Total $-- Checkout 30#3103 Fast Radius' Cloud Manufacturing Platform™ FR FAST RADIUS Additive Launch We partner with you from design through launch to bring new products to market, embracing cutting-edge additive manufacturing and new tools of digital design, complemented by traditional manufacturing technologies. Highlights: Design for additive manufacturing APTIV. FR FAST RADIUS Rawlings M Digital / computational design tools (e.g., generative design) UNITED STATES FARINE COR ■ © 2021 Fast Radius, Inc. All rights reserved. Industrial-grade production and quality system for additive TOYOTA ADVANCED LOGISTICS STE Confidential - Not for Distribution connectivity 31#3203 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS Additive Launch Customer Case Study: Aptiv & Ford: Industrial-grade quality and production with additive manufacturing Problem Solution Impact Ford wanted to create a low-volume variant of the F-350 truck. Traditional molding economics and supply chain didn't work. Fast Radius Cloud Manufacturing Platform¹ helped Aptiv validate design and manufacture the part with industrial-grade additive. TM Ford provided a new variant of the F-350 to meet latent demand. Fast Radius now a certified supplier for Aptiv, 1 part grew to 26+ in 2020. Note: Video accessible at fastradius.com/aptiv-video FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Ford FR CHELIN → ១០ធមាណ១០០ 4901 EMA 32#3303 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS Additive Launch Insights... Automated manufacturability feedback We are using machine learning to codify a century's worth of manufacturing knowledge... and empower every engineer with it, on-demand. Today's platform provides automated design and manufacturability feedback on cutting-edge additive manufacturing and CNC machining. Platform continues to expand - new technologies, materials, manufacturing and supply chain analyses. Note: Videos accessible at: fastradius.com/cmp-design FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Back File Name sample_side_2.stl Confidential - Not for Distribution Dimensions 26.9 x 10.9 x 22.8 mm Volume 1042 mm³ File Units: mm v sample_side_2.stl MacBook 3 AUTOMATED CHECKS Fragile Features Incomplete File Thin Sections 1 Trapped Resin Minimum Process Resolution Rough Surface or Optical Distortions Supported Surfaces All passed checks 0 View Definitions PART DETAILS Quantity* Manual Quoting Required Save View View View View View View View 3 of 10 Learn more 33#3403 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS Additive Launch Example automotive customer: From 1 Part to 26 in 12 months 4 programs (26 individual SKUs) running in parallel with others in development Engaged with engineering groups across customer and its subsidiaries 2019 3x+ revenue growth 1 OEM /1 Engineer / 1 Part Note: images are not the actual part images, but are representative of the types of customer parts in production FR FAST RADIUS. Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 4 OEMs 16+ Engineers 2020 26+ Parts O 34#3503 Fast Radius' Cloud Manufacturing Platform™ FR FAST RADIUS Virtual Warehouse™ Production parts certified ("Build Package") and can be produced when and where needed. No longer requires physical storage - can produce exactly how much is needed just in time. Highlights: ▪ Reduces waste across supply chain -faster turnaround times, no obsolescence, no physical warehouse Colgate FRI FAST RADIUS Husqvarna SATAIR ups © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Released to Floor 40 #29521 Work Orders #29551 2213-- #29555 Ced #29543 L-EU40 Cree #22799 #29527 L5-BPU 70 Order 23185-1-1h 45m #29634 DLS-RPU 70 DLE-EPK 82 #29556 DLS-EPU 40 FAST RADIUS Tine min DLE-EPK82 Pe 121 Sinked eines 45 min Current #01220027 00002 022/201 M210 Thermal Processing M220 Ma 220m Midland . Paar Ste 100 Costing Requests - Search by Ordet Quality Control Printing 25 #29273 Crow # 28279 #29523 Order#23193-1-8MA #29524 #29525 Order #23103-1-RMA #29526 Order#23193-1-RMA #29528 #29529 Order 23183-1-MA Orders DLS-RPU 70 Pine Time 1hre 45 min Factory- Customers Set by Work Onder a Complete Order#23193-1-RMA DLS-RPU 70 Pe Time 1hes 45 min OLS-APU 70 DLS-RPU 70 Prie Time 1hrs 45 min 0122/2021 2 Material 220ml Matal 75mi 022/20212 day DLS-APU 70 Pret Time 1hrs 45 min New Work Order DLS-RPU 70 Print Time 1 hrs 45 min 01/22/2321n2 dan Mar 220 01/22/2021 2 Material 220m Material 220m #0122/2021 i 2 days Material 220ml Mo Komperda 01/22/2021 an 2 day QR Reader Per Norfolk Prater Norfolk Printer Oceanside Printer Newark Printer Newark C C C T 35#3603 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS Virtual Warehouse™ Customer Case Study: Satair: The Virtual Warehouse Problem Satair (Airbus subsidiary) wanted to dramatically improve the months-long turnaround times for maintenance parts. Solution Impact TM FR FAST RADIUS. Fast Radius on-boarded key maintenance parts to the Virtual Warehouse™, reducing turnaround times from weeks to days. On-demand tools when and where they're needed to keep planes flying. Satair has a certified Virtual WarehouseTM that continues to expand. adius, Inc. Alm A350 AIRBUS ABUS Confidential - Not for Dis UP 2 3 F 36#3703 Fast Radius' Cloud Manufacturing Platform™ FAST RADIUS Virtual Warehouse™ Internal workflow and orchestration powers Virtual Warehouse™ Parts are stored in our Cloud Manufacturing Platform, including the full manufacturing instructions. Customers can order replenishment parts from the Virtual Warehouse™ and have certainty that the part they order in two years will be the same quality part as what they order today. Note: Video accessible at: fastradius.com/cmp-fulfill FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Released to Floor 40 #29534 #29521 DLS-RPU 70 Order #23193-1-RMA #29527 Order # 23193-1-RMA #29543 Order # 27103 Work Orders Created #29551 Order #22799 #29555 Home Work Orders Order # 27040 #29556 FAST RADIUS. Order # 27247 Confidential - Not for Distribution DLS-RPU 70 Print Time 1 hrs 45 min DLS-RPU 70 Print Time 1 hrs 13 min DLS EPU 40 Scheduled Print Time 1 hrs 45 min Print Time 051 min DLS EPX 82 Print Time 3 hrs 20 min DLS - EPX 82 Current Print Time 1 hrs 21 min DLS EPU 40 01/22/2021 in 2 days) Material 220ml 01/22/2021 (in 2 days) Thermal Processing Material 220ml 01/22/2021 in 2 days) Material 210ml 01/25/2021 (in 5 days Material 180ml Material 202ml 01/22/2021 (in 2 days) Printer Midland Material 245ml 01/25/2021 (in 5 days) 01/25/2021 (in 5 days) Page Size Post-Processing 100 - C Costing Requests C Search by Order # Printing 25 > Quality Control # 29273 Order # 26271 #29523 Quotes #29526 Orders Customers Search by Work Order # #29528 Complete First Order SLA-Tough 1500 #29524 DLS-RPU 70 # 29529 Print Time 8 hrs 52 min DLS-RPU 70 Order #23193-1-RMA Print Time 1 hrs 45 min Order # 23193-1-RMA Failed # 29525 DLS-RPU 70 Order # 23193-1-RMA Print Time 1 hrs 45 min DLS-RPU 70 Order # 23193-1-RMA Print Time 1 hrs 45 min Material 220ml DLS-RPU 70 01/22/2021 (in 2 days) DLS-RPU 70 Factory Invalid date invalid date) Material 75ml Printer Nicemollusk New Work Order 01/22/2021 (in 2 days) Print Time 1 hrs 45 min Material 220ml 01/22/2021 (2 days) Order # 23193-1-RMA Print Time 1 hrs 45 min 01/22/2021 (in 2 days) Material 220ml Material 220ml 01/22/2021 (in 2 days) Mo Komperda MK Material 220ml 01/22/2021 (in 2 days) QR Reader Page Size Printer Norfolk Printer Norfolk Printer Oceanside Printer Newark Printer Newark 100 с с с с E 37#3803 Fast Radius' Cloud Manufacturing Platform™ Fast Radius Beyond Where will Fast Radius and Cloud Manufacturing take us? ... in the next year PARTMANS Connector Expanded Services and Apps Virtual factory Manufacturing comparison Design collaboration + a portfolio of new apps on the roadmap FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. in the next 5+ years WARTAM Personal Al Assistant Data gathered from millions of different parts... and insights from millions of experts... organized and universally accessible in software. Add-in conversational Al, e.g., What's the best way to make this? How long will it take? What is the carbon impact? J Virtual Warehouse™ XR Millions of certified parts and products available in the cloud Globally coordinated infrastructure to advance the state of the world; for example: Strategic National Bank for Crisis Response Space Exploration Confidential - Not for Distribution Note: images shown are illustrative of software roadmap; not actual depictions of the user interface. 38#3903 Fast Radius' Cloud Manufacturing Platform™ Al Assistant Data gathered from millions of different parts... and insights from millions of experts... organized and universally accessible in software. Add-in conversational Al, e.g.: What's the best way to make this? How long will it take? What is the carbon impact? A08 92ioupruT anditulo2 obuA VE 10:10 and EOX 9209 on nasze ZITATE TRAS bub OSES HO 1674 ***** ಸಿದ YON 20.500) BAGLED 2 bat molt гоя утом ЈАТЯЗТАM (SE) ЯЭНТАЭJ AОГАЙЯЗУ SUSAS:90 4383000 ***** MASC 9385 A no16M YRV 30 ***** СОЯЯ пет 2THDIZNI 1990W pin9912 aceste ОИ ТИТЯЧ AND *** !!! KKI#4003 Fast Radius' Cloud Manufacturing Platform™ Virtual Warehouse™ XR Globally coordinated infrastructure to advance the human condition Strategic National Bank for Crisis Response Space Exploration R i 088,0 CAUS WOR BS ABE ܬܝܝܬ ܀ J#41Fast Radius Beyond Where will Fast Radius and Cloud Manufacturing take us? 4th Modality of Logistics By Fast Radius Over the coming decade, a global network of interconnected micro-factories will take shape Instead of moving parts by land, air, and sea... the Cloud Manufacturing Platform™ can allow parts to move digitally. Parts can be shipped digitally and made where they are needed. Note: https://www.ups.com/us/es/services/knowledge-center/article.page?kid=art16a43cf1d5c&article source=longitudes FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 3 Ⓡ X ups FAST RADIUS UPS has partnered with Fast Radius to support the expansion of its digital manufacturing and supply chain infrastructure. Ⓡ One of the Fast Radius micro-factories is located on UPS' Worldport hub in Louisville, KY. "We're witnessing a transformation of manufacturing supply chains that's ushering in the fourth modality of logistics” - Scott Price, EVP International UPS(¹) 41#4203 Fast Radius' Cloud Manufacturing Platform™ Fast Radius' Cloud Manufacturing Platform™ provides tangible and powerful benefits Similar to the benefits of cloud computing ACCESS Our cloud gives anyone access to manufacturing services across the product lifecycle that can be accessed wherever and whenever you need them. KNOWLEDGE The data collected through our micro- factories and supplier network feeds our learning engine on top of which all of our apps and services are built. Software makes this knowledge universally available. R FAST RADIUS. SPEED Innovation and production in manufacturing has never been faster. With access to groundbreaking new technologies like industrial-grade additive manufacturing, and simplified supply chains, customers can get their parts in days instead of months. GLOBAL REACH With a combination of our growing network of internal micro-factories and our extensive international supplier network, parts are where you need them when you need them. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution ELASTICITY With our cloud, use only the resources you need: Scale-up with your demand. A few parts vs. a few thousand, infinite digital warehouses vs wasteful physical storage, and on-demand human expertise when you need it vs. constant hiring. COST ADVANTAGE With our Cloud Manufacturing Platform, capital expenses (factory equipment, physical storage, maintenance) are traded for variable expenses (production and virtual warehousing) when you need them. We bring advanced manufacturing technologies many companies couldn't afford to invest in alone. SUSTAINABILITY TM Making, storing and moving parts through the Cloud Manufacturing Platform reduces emissions from transportation, reduces waste from storage and obsolete inventory... while empowering engineers to make smarter design choices from the start. 42#4303 Fast Radius' Cloud Manufacturing Platform™ The Cloud Manufacturing Platform™ can enable more sustainable ways of making, storing and moving physical products Transportation Emissions Local on-demand micro-factory model enables on-shore production, cutting off significant amounts of transportation emissions TR FAST RADIUS. Energy Consumption © 2021 Fast Radius, Inc. All rights reserved. vs Bundling together digital warehousing and local on-demand part production enables reduction in inventory reductions and cuts the emissions generated by the warehousing Making, storing and moving parts through the Cloud Manufacturing Platform™ reduces emissions from transportation, reduces waste from storage and obsolete inventory... while empowering engineers to make smarter design choices from the start. Material Extraction Confidential - Not for Distribution Additive manufacturing enables optimized part design, and reduction in consumption of production materials 43#4404 FR FAST RADIUS Model built to scale: Proprietary micro-factories and go-to-market designed for hyper growth. Apps and services platform creates unique flywheel. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution AS AXXI I mw I In#4504 Model built to scale Footprint at a glance CHICAGO LOUISVILLE ATLANTA SINGAPORE HONG KONG PLUS Global network of trusted suppliers Carbon 70 HQ and 3 micro-factories Factory on UPS North American hub Sales office Regional office (Supply Chain) Regional presence (Supply Chain)(¹2) Trusted suppliers across CNC machining, injection molding, urethane casting, and other manufacturing techniques R FAST RADIUS. (1) Fast Radius has independent contractors in Hong Kong hp © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution WORLD ECONOMIC FORUM Fast Radius was recognized as a World Economic Forum "Lighthouse" 2018 1 of 9 most advanced factories in the world, only 1 in the US FAST RADIUS Chicago, USA Haier Qingdao, China PHOENIX Bad Pyrmont and Blomberg, Germany B BAYER Garbagnate, Italy P&G Rakona, Czech Republic BOSCH Wuxi, China Schneider Electric Le Vaudreuil, France http://www3.weforum.org/docs/WEF_Global_Lighthouse_Network.pdf Johnson & Johnson Cork, Ireland SIEMENS Chengdu, China 2019 1 of 14 "End-to-End connected value chain lighthouses" for factory network + software platform Source: https://www.weforum.org/press/2018/09/europe-asia-lead-the-way-to-the-factories-of-the-future 45#4604 Model built to scale The Fast Radius Micro-factory The "factory in a box" is designed to be copy and pasted for scale Each micro-factory identifies and controls an extensive set of variables to drive reliability and repeatability Includes detailed physical and digital architecture Full integration with Cloud Manufacturing infrastructure and digital workflow R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution FR Carbon Yield Report 188 180 2188 Shipping Dashboard Shipping Queue Pour Devel Put Our the se 1 40m 88188 Carbon Today May 2 tutard fignila 1027-02-18 2021-02-11 815 2021-02-11 2007-02-11 2005-02-11 105 3021-02-11 2021-02-11 383004 2017-02-11 2011 2001-02-11 1000011 2021-02-12 3423 2001-02-12 23121 2010-12 28001 2021-02-12 2342 3021-02-18 4 22-02-2 2001-02-12 20458 2021-02-12 2021-02-12 am 3621-02-13 2018 2009-02-12 2009-02-11 GAL- 2017-02-1 2021-02-12 201 302-02-15 1 2001-02-18 20 2021-02-18 12- 81818 Loboro me IT-De Cy Pardu Take Johor To Sat Fast Fach Fac UPS D No Da UPS UPSID und Onder: 27255 Julie Muskat Order Line Items 2821-00-12 Shin Review Pro Va CARA TAKLIMAT MICULATI LEG ORI 2018 Carbon Chicago Carbon DLS Micro-factory 46#4704 Model built to scale Current micro-factories Four micro-factories currently power our cloud Digital Light Synthesis Carbon Chicago FR FAST RADIUS. hp HP Multi Jet Fusion © 2021 Fast Radius, Inc. All rights reserved. Chicago FR Confidential - Not for Distribution Fused Deposition Modeling Fortus 900mc Other operational technologies include Carbon L1, Desktop Metal Studio System, Formlabs Stereolithography, HP MJF 580, Doosan CNC, and Faro Metrology. stratasys Technologies in evaluation include HP Metal Jet, Desktop Metal Production System, Velo3D and EOS Laser Powder Bed Fusion, Zeiss Metrology, and Fanuc Automation. C Louisville/UPS Worldport FRI CNC Machining Chicago These owned and operated micro- factories are complemented by a global network of curated suppliers. 47#4804 Model built to scale How do micro-factories scale? The global cloud infrastructure provides production scale capacity and resiliency. Overview The "factory in a box" is designed to be copy and pasted for scale. Standard physical infrastructure and workflows to enable a common, proven way of working globally. Nodes deployed to expand capacity in existing locations and new geographics - some proximate to partners (e.g., UPS). Digital orchestration from Chicago HQ. Benefits at scale Attractive unit economics with minimal capital - efficiencies in cost, operations, and ability to tightly match supply with demand. Learning Engine allows the network to get smarter with every part. Supply chain sustainability via more localized production. Production network resiliency and cost efficiencies. Unlocks digital supply chain solutions - 4th Modality of Logistics and Virtual Warehouse™ R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Making one of the world's most advanced factories accessible to all Illustrative roadmap; immediate focus in US, new geography sites TBC 48#4905 FRI FAST RADIUS. World-recognized leader: Validated and trusted by Fortune 500 customers; one of the most advanced factories in the world; nearly 100% revenue CAGR past 4 years © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution#5005 World recognized leader Validation from partners, customers, and broader ecosystem Exclusive partner with UPS ups Micro-factory located at UPS Worldport in Louisville, KY Industry leading Net Promoter Score 71 (1) NET PROMOTER SCORE¹ NPS that rivals Apple, Nordstrom, and other top brands T 1 Recognized by World Economic Forum WORLD ECONOMIC FORUM WEF recognized FR as one of the 9 most advanced factories in the world(3) Real commercial and operational traction (2) Confidential - Not for Distribution 11 million PARTS PRODUCED 85,000 UNIQUE PARTS EVALUATED 2.000+ CUSTOMERS SERVED (1) Based on regular, automated surveys of customers; rolling average as of 4/13/2021 (2) All numbers are cumulative since 2017 (3) https://www.weforum.org/press/2018/09/europe-asia-lead-the-way-to-the-factories-of-the-future; http://www3.weforum.org/docs/WEF Global Lighthouse Network.pdf FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Certified production supplier for top OEMS Passed rigorous quality audits with leading Fortune 500 OEMs across industries In many cases, Fast Radius is the first and only production additive supplier providing parts to these customers 50#51OF 05 World recognized leader Fast Radius Customers Over 2,000 customers served across 6 major industries, including 45 Fortune 500 companies. FR FAST RADIUS. INDUSTRIAL Example Customers: TOYOTA Danfoss ADVANCED LOGISTICS AUTOMOTIVE & TRANSPORTATION Example Customers: Yanfeng APTIV © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution TECHNOLOGY Example Customers: COBALT STE connectivity AEROSPACE & DEFENSE Example Customers: Collins Aerospace SATAIR CONSUMER Example Customers: Rawlings Colgate® MEDICAL Example Customers: axial³D COAPT 51#5205 World-recognized leader Fast Radius flywheel drives account expansion Awareness and confidence in cloud manufacturing R FAST RADIUS. Additional Engineers Additional Parts R GROWTH Ⓡ Part Volume Ramps into Production Parts produced from the cloud © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Example customers: Over the past ~18 months, accounts grew from 1 part and 1 engineer to... 50+ parts, 2019 prototypes → 2020 production of $350k → 2021 forecast of $600k+ 65 parts, $100k+ in quarterly bookings, 9 engineers 26 parts, 16 engineers 100+ parts, 8 technologies 47 parts, 20+ engineers 114 parts, 2 engineers 47 parts, 5 engineers ARR ||| ttt 52#5305 World-recognized leader Early proof points of quick-to-scale and resilient revenue growth engine Year-on-year Revenue ($ millions) 1.9 2017 Note: Represents unaudited financials. FR FAST RADIUS. 2.9 2017-2021 CAGR: 96% 2018 © 2021 Fast Radius, Inc. All rights reserved. 8.3 2019 Confidential - Not for Distribution CAGR: 72% 13.9 2020 24.5 2021 53#5406 FRI FAST RADIUS. Attractive growth path: Plan estimated to generate $600M+ revenue in 2025 with compelling unit economics Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution#5506 Attractive growth path Established, top-tier unit economics for customer acquisition and micro-factory scale Established customer acquisition model CLTV/CAC(¹) Payback period 5x − 8x ~6 months (2) Top quartile SaaS CLTV/CAC: 8x' Fast Radius CLTV/ CAC among best-in-class SaaS peers © 2021 Fast Radius, Inc. All rights reserved. Established unit economics of a typical micro-factory (3) Confidential - Not for Distribution Capital investment Run-rate EBITDA Payback period 5-year IRR -$3.5 million -$4.0 million ~1.5 years (1) Represents customer lifetime value (CLTV)/ customer acquisition cost (CAC); we define a "Customer" as an engineer or pod of engineers working on a product; CLTV based on projected 5-year revenue and gross margin, adjusted for projected customer retention rates and discounted at a 15% annual discount rate over 5 years; CAC calculated based on average cost per new customer opportunity across various acquisition channels adjusted for average win rate of these new opportunities. Source: 3rd party consulting firm industry survey (2) (3) Typical micro-factory profile; some variation by technology and scale FR FAST RADIUS. -85% 55#5606 Attractive growth path Positioned for accelerated growth and attractive profitability ($ millions) 14% $14 '20A FR FAST RADIUS. 21% $25 '21E Summary pro-forma financials Revenue CAGR: +115% 29% $103 '22E Revenue 43% $246 '23E © 2021 Fast Radius, Inc. All rights reserved. $426 48% $635 Confidential - Not for Distribution 50% '24E Gross margin '25E ~$2,100 ~55% '30E </> Fis 00 Key growth drivers $350+ billion addressable, growing market driven by next-gen manufacturing technologies, including additive Proven customer acquisition strategy to capture a larger share as the industry consolidates Network effect and a virtuous cycle from software platform (e.g., Virtual Warehouse™M), which promotes customer stickiness Ongoing addition of services and apps on software platform provides significant software revenue upside Continued implementation of micro-factory expansion projected to reach steady-state gross margins of 50%+ Opportunistic acquisitions to further accelerate capability and geographic expansion 56#5706 Attractive growth path Scalability of business expected to result in significant operating leverage and strong free cash flow generation ($ millions) 151% $14 '20A(¹) Operating expenses as % of revenue 166% $25 ¹21E 80% $103 '22E Revenue (1) 2020 numbers are pending final audit results FR FAST RADIUS. $246 43% '23E $426 © 2021 Fast Radius, Inc. All rights reserved. 37% '24E Opex as % of revenue $635 28% '25E Confidential - Not for Distribution ($ millions) EBITDA FCF (19) (19) '20A(¹) (36) EBITDA & Free Cash Flow (47) '21E (52) (133) '22E 0.3 (47) '23E 47 (24) '24E 135 89 '25E 57#5807 FR FAST RADIUS Team: Highly-experienced, visionary team to pursue the opportunity © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 103#5907 Team Highly-experienced, visionary team to pursue the opportunity FR FAST RADIUS. Lou Rassey CEO, Co-Founder, and Director Founded McKinsey's Digital Manufacturing Practice, globally renowned expert on Industry 4.0 McKinsey & Company John Nanry Chief Manufacturing Officer and Co-Founder Led McKinsey's Digital Manufacturing Practice, broad expertise implementing new technologies Raytheon McKinsey & Company CHRYSLER Heather Baker VP, People Extensive experience scaling strong people function within high-growth technology companies Leapfrog InContext SOLUTIONS © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Pat McCusker CFO/COO and Co-Founder Experience growing public-company and tech- driven businesses; President, North America of INWK, successful tech entrepreneur inwk NASDAQ LISTED Circuit Gus Pinto Chief Product Officer Serial tech platform builder; led development of spatial computing platform at Magic Leap, mobile and cloud infrastructure at Citrix magic leap citrix Microsoft cloud.com Brian Simms VP, Sales Proven sales leader, scaled multiple companies through hyper growth and IPOs; led sales at Groupon on way to fastest ever ramp to $1B in revenue amazon GROUPON ECHO)) NASDAQ LISTE D RUBICON Bill King, PhD Chief Scientist and Co-Founder Architect and founding CTO of US national lab for digital manufacturing and design; former advisor to DARPA; professor at U of Illinois Stanford University DARPA amazon BUSINESS James Levin Chief Marketing Officer Helped build Amazon's fastest startup to hit $1BN in sales; led marketing at Solar Winds through IPO SWI LISTED NYSE UNIVERSITY OF Bobby Bott VP, Manufacturing URBANA-CHAMPAIGN Seasoned manufacturing executive; led manufacturing operations across multiple sites within the aerospace and defense industry BERKSHIRE PCC HATHAWAY INC. 59#60Appendix A Transaction & valuation overview#61Appendix A Fast Radius is creating an entirely new category in Industry 4.0 Spanning software, manufacturing, and on-demand infrastructure R FAST RADIUS. On-Demand Platforms & Infrastructure © 2021 Fast Radius, Inc. All rights reserved. Uber airbnb ups Confidential - Not for Distribution SAP salesforce TT amazon Tweb services Software ORACLE® amazon A AUTODESK A Adobe FAST RADIUS PROTOLABS materialise SIEMENS tsme PLEXUS UNIVERSAL DISPLAY CORPORATION™ molex® FOXCONNⓇ ℗ Manufacturing 61#62Appendix A Detailed transaction overview Key transaction terms ▪ Pro forma enterprise value of $995m (1.6x 2025E revenue) $410m cash proceeds inclusive of $100m PIPE proceeds and transaction expenses(¹) ■ $100 million fully committed PIPE, including a $25 million forward purchase commitment from Goldman Sachs Asset Management, L.P. Other investors in the PIPE include UPS, ECP, and Palantir. ▪ Fast Radius rolling 100% of equity ownership ▪ 10m earnout share to sellers with 50% earned at $15.00 and 50% earned at $20.00(2) Pro Forma ownership@ $10.00/share(¹) SPAC shares 24% Founder shares 5% PIPE equity 7% FAST RADIUS Illustrative pro forma valuation ($m) Seller rollover 63% Fast Radius share price Pro forma shares outstanding Pro forma equity value (2) (-) Assumed pro forma net cash Pro forma enterprise value Sources Seller rollover (3) SPAC cash in trust Additional PIPE equity (4) Founder shares Total sources Uses Seller rollover Cash to balance sheet Founder shares Estimated fees and expenses Total sources (1) Assumes no redemptions and excludes dilutive impact of 8,625,000 public warrants (strike price of $11.50) and 6,266,667 SPAC sponsor warrants (strike price of $11.50); illustrative amounts may fluctuate as a result of redemptions. (2) Earnout vests upon the common stock trading above the relevant threshold for 20 trading days in any 30-day trading day period prior to the 5th anniversary of closing. (3) Pro forma net cash calculated as Fast Radius's net cash balance of $18m as of 12/31/2020 and transaction proceeds of $410m. (4) Seller rollover excludes deferred portion (5,000,000 shares are deferred until the combined company achieves a VWAP of $15.00, and another 5,000,000 shares are deferred until the combined company achieved a VWAP of $20.00). (5) Founder shares exclude deferred portion (5% of ECP's promote, or 407,000 shares, is deferred until the combined company achieves a VWAP of $15.00, and another 5% of ECP's promote, or 407,000 shares, is deferred until the combined company achieves a VWAP of $20.00). FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Transaction Multiple EV / 2025E Revenue Metric $635 Illustrative sources and uses ($m, except per share data) Shares 90.0 34.5 10.0 7.8 142.3 $900 345 100 78 $1,423 $ $900 410 78 35 $1,423 % 63% 24% 7% 5% 100% % 63% 29% 5% 2% $10.00 142.3 $1,423 ($428) $995 100% 1.6x 62#63Appendix A Selected public comparable universe for Fast Radius ■ ■ ■ ■ Industry 4.0 industrial automation Bright Machines. BG GREY BERKSHIRE Disruptive, technology-enabled industrial automation companies Different business models to Fast Radius, but similar Industry 4.0 driving forces FR FAST RADIUS. COGNEX Advanced manufacturing ASML Global leaders providing the technology backbone for complex products / processes by combining design, software and advanced manufacturing capabilities PROTOLABS com Ushic iTiFairw UNIVERSAL DISPLAY Typically oriented towards specific industries or use cases vs. Fast Radius which is industry agnostic and focused on industrial- grade production runs © 2021 Fast Radius, Inc. All rights reserved. CORPORATION' Confidential - Not for Distribution DIL Desktop Metal I Industry 4.0 additive manufacturing Markforged VELO 3D ▪ "New generation" additive manufacturing (i.e. 3D printing) machine makers: Desktop Metal, Markforged, Velo3D ▪ Software platforms enabling additive manufacturing: Materialise These are additive technology-focused businesses vs. Fast Radius, which is technology agnostic materialise ■ Category-leading enterprise SaaS A Adobe Ansys AAUTODESK AVEVA Enterprise-focused SaaS platforms driving commercial / industrial innovation ▪ Different business models to Fast Radius, but similar cloud computing thematics ptc 63#64Appendix A Selected peers operational benchmarking Industry 4.0 industrial automation CY'20A I CY'22E Revenue CAGR I CY'22E Gross margin 172% 29% 126% I 92% kocka 58% 19% 20-22E 21-25E 20-22E 21-25E 20-22E 21-25E 50% I 85% 23% 99% 48% I 20-22E 21-25E 20-22E 21-25E BG BERKSHIRE (2) Average: 70% (¹) 12% Average: 58% (1) 50% 20-22E 21-25E 77% Industry 4.0 additive manufacturing Advanced manufacturing Average: 67% (¹) DeSPAC Average: 89%(¹) Average: 19% Bright Machines, (2) COGNEX 245% 71% 38% 20-22E 21-25E 20-22E 21-25E 51% 32% DI Desktop Metal 68% 59% 20-22E 21-25E Average: 55% (¹) DeSPAC Average: 52%(¹) 62% 20-22E 21-25E 20-22E 21-25E 118% 113% Markforged 34% 52% 20-22E 21-25E 16% VELO 3D (2) 57% 21% materialise 52% ASML 11% 49% 17% Average: 58% 52% 26% AUD PROTOLABS tsmc 80% UNIVERSAL DISPLAY OPORATION Category-leading enterprise SaaS Average: 17% Overall average: 40%(¹) 18% 89% 10% 89% 16% 26% 94% Average: 86% Overall average: 66%(¹) 76% I L FAST RADIUS Source: Fast Radius' projections based on management estimates; peer projections based on company filings and FactSet as of July 14, 2021. Note: NA denotes "not available". NM denotes "not meaningful". (1) Averages include Desktop Metal's, Markforged's, Berkshire Grey's, Velo3D's and Bright Machines' CY'21E-CY'25E sales CAGR and CY'25E gross margin. (2) Berkshire Grey announced its merger with Revolution Acceleration on February 25,2021; Velo3D announced its merger with JAWS Spitfire on March 23, 2021; Bright Machines announced its merger with SCVX on May 19, 2021; projections for Markforged, Berkshire Grey, Velo3D and Bright Machines reflect management guidance from PIPE presentation. FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution A Adobe Ansys AAUTODESK AVEVA 13% 82% ptc 64#65Appendix A Selected peers valuation benchmarking Industry 4.0 industrial automation EV/ CY'22E Revenue ا 9.7x 1.6x | 2022E 2025E 18.8x اااا.......... FAST RADIUS 2.4x 2GGREY Average:15.0x(1) BERKSHIRE 2022 2025E 2022 2025E (2) 13.3x 1.6× Bright Machines. (2) 12.9x Industry 4.0 additive manufacturing Advanced manufacturing Category-leading enterprise SaaS Average: 9.7x Average: 10.8x(1) DeSPAC Average:14.3x(1) Average:12.6x Overall average:11.9x(1) COGNEX 10.0x 2.3x 11.2× Desktop Metal 1.9x 18.1x 2022 2025E 2022E 2025E 2022 2025E VELO 30 (2) Markforged 2.9x 4.1x materialise 12.3x ASML 4.4x 8.5x STIMA PROTOLABS tsmc 13.7x UNIVERSAL DISPLAY CORPORATION 16.0x 15.0x 13.5x 9.3x A Adobe Ansys A AUTODESK AVEVA Source: Fast Radius' projections based on management estimates; peer projections based on company filings and FactSet as of July 14, 2021. Note: NA denotes "not available". NM denotes "not meaningful". (1) Averages include Berkshire Grey's, Bright Machines', Desktop Metal's, Markforged's and Velo3D's EV / CY'22E revenue. (2) Berkshire Grey announced its merger with Revolution Acceleration on February 25,2021; Velo3D announced its merger with JAWS Spitfire on March 23, 2021; Bright Machines announced its merger with SCVX on May 19, 2021; projections for Markforged, Berkshire Grey, Velo 3D and Bright Machines reflect management guidance from PIPE presentation. FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 9.3x ptc 65#66Appendix A Transaction priced at a discount to selected peer multiples Implied EV based on selected comparable companies trading ($ in millions) Implied multiples Valuation approach Mid-point represents -410% upside to transaction value EV / CY 2025E Revenue Implied future EV ■ $6,346 $3,807 6.0x - 10.0x Mid-point represents Implied discounted EV (Discount rate: 20%) -195% upside to transaction value $3,672 $2,203 3.5x − 5.8x Transaction value Implied post-money EV Source: Fast Radius' projections based on management estimates; peer projections based on company filings and FactSet as of June 1, 2021. FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution $995 1.6x Using a future valuation date of 6/30/2024, Fast Radius is valued by applying 2025E revenue of $635m to an EV/ NTM revenue multiple of 6.0 10.0x based on peer multiples to arrive at an implied future EV ▪ The implied future EV is then discounted at a 20% discount rate over a 3-year period to arrive at an implied present value, which we believe to be appropriate and implies an attractive valuation entry point relative to other recent and successful Industry 4.0 de-SPAC transactions 66#67Appendix B The Fast Radius Cloud Manufacturing Platform™ Introduction (CMP-101)#68Appendix B Fast Radius Cloud Manufacturing Platform™ - Introduction (CMP-101) The Fast Radius Cloud Manufacturing Platform™ At Fast Radius, we have built the world's first Cloud Manufacturing Platform™, delivering design, manufacturing & supply chain services over the internet. TR FAST RADIUS © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution Applications & Services Operating System Learning Engine & Digital Thread Infrastructure (factories + data) Design Make Discover Fulfill 68#69Appendix B Fast Radius Cloud Manufacturing Platform™ - Introduction (CMP-101) How does it work? What is the Cloud Manufacturing Platform™? Cloud manufacturing is the delivery of manufacturing-related services over the internet. Fast Radius has built the world's first Cloud Manufacturing Platform™. Software + Physical Factory Infrastructure Platform provides access to state-of-the art manufacturing capacity... and access to the data and insight from how and when things are made Services cover the end-to-end experience of bringing a physical, custom part to the world DISCOVER DESIGN MAKE FULFILL TR FAST RADIUS © 2021 Fast Radius, Inc. All rights reserved. The Cloud Manufacturing Platform™ has an integrated tech stack that consists of physical and digital infrastructure. It is just like cloud computing, but for physical parts. Physical infrastructure Software to orchestrate the work Software application layer Cloud Computing Confidential - Not for Distribution Data center network Software to orchestrate data Designed for apps to be built on top Cloud Manufacturing Factory network Software to orchestrate data and part production Designed for apps to be built on top What can be done with cloud manufacturing? The Cloud Manufacturing Platform™ has a set of applications and services provided by Fast Radius, accessible to anyone with a web browser. Today, Fast Radius applications include: FR FAST RADIUS On Demand FAST RADIUS Additive Launch FAST RADIUS Virtual Warehouse™ Similar to cloud computing, it is a platform for innovation and designed for others to build upon. Fast Radius has a roadmap for expanding these core applications, while also launching new software and services through an application ecosystem. 69#70Appendix B Learning Engine: The 'build package' is a critical technology behind cloud manufacturing Akin to the Manufacturing Genome - the DNA of every part Contains manufacturing instructions Including part design, process instructions, material choice, quality information Contains information on the life of the part • Actual data from part production (machine data, materials lot, metrology) and supply chain The build package allows us to digitally transport parts and produce them anywhere in the world in our certified micro-factories • Enables portability through cloud manufacturing Ensures every part is correct, wherever it is made Enables continuous improvement Users can update their designs We learn and get better from every part FR FAST RADIUS Ⓒ2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 70#71Appendix C Additional Information#72Lou Rassey CEO, Co-Founder & Director Prior experience and educational qualifications From 2003-2015, Lou was a Partner and helped lead the Manufacturing & Private Equity Practices at McKinsey & Company. Contributions include: Co-led McKinsey's global research report and client advisory efforts on the 'Future of Manufacturing' and its implications on how countries and companies compete. Architected and led the execution of many corporate performance transformations - across innovation, product development, manufacturing, purchasing, supply chain, commercial / go-to market Led the development of McKinsey's playbooks and service lines for private equity due diligence and integrated corporate performance improvement. R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Lou Rassey is Co-Founder and CEO of Fast Radius. He has had a 20-year career in the manufacturing sector, and is a recognized leader and advisor on matters related to manufacturing, technology and competitiveness. Lou spent 11+ years at McKinsey & Co., where he was a Partner focused on manufacturing, industrial innovation & private equity. He also founded Two Roads Group, an industrial-tech focused investment firm, and spent the first chapter of his career as an engineer in the auto industry with Chrysler and BMW. ● Led McKinsey's global research and advisory efforts on digital in industry (Industry 4.0) - e.g., industrial internet, 3D printing, advanced robotics, breakthrough business models. Founder and CEO of Two Roads Group (TRG), an investment and advisory firm focused on industrial technologies. Lou started his career as a product and manufacturing engineer with Chrysler and then helped with the launch of a Chrysler-BMW joint venture (Tritec Motors) in Brazil. Lou has been a Board Member or Board Advisor to a number of industrial and technology companies, including Dedicated Computing (industrial computing), Sight Machine (digital analytics), and Rescale (digital design and simulation in the cloud). Confidential - Not for Distribution Lou helped set the strategy and 2015 launch of the Digital Design and Manufacturing Innovation Institute (DMDII, now called MxD) in Chicago. Lou holds a Bachelor of Science in Mechanical Engineering from Notre Dame; a Masters of Science in Engineering Management from the University of Michigan - Dearborn; a Masters of Science in Mechanical Engineering from MIT, and an MBA from MIT Sloan Lou lives in Chicago with his wife, Sarah, and their three children. 72#73Appendix C Our addressable market today is $350B+... with upside as the Cloud Manufacturing Platform ™ evolves $350B+ parts production (in FR current tech scope") Manufacturing and fulfillment of custom parts. Additive manufacturing, CNC Machining, Injection Molding + others $20B+ design & manufacturing softwareⓇ Tools designers, engineers, manufacturing and supply chain professionals use across the lifecycle ++ cloud-enabled innovation Just as cloud computing unlocked entirely new business models and innovation, so too does cloud manufacturing (1) Includes additive manufacturing, CNC machining, injection molding, sheet metal, and other techniques; excludes extremely high volume and large form factor manufacturing and assembly (2) Estimated market size in 2025 Source: 3rd party market study; "3D Printing Market Global Forecast to 2023" Markets and Markets (2017); "3D Printing and Additive Manufacturing Global State of the Industry" Wohlers Reports (2020); "Category Intelligence on Machining" Beroe (2020); "2020 Additive Manufacturing Market Summary Report" Smartech (2019); "Metal Stamping Market Analysis" Grand View Research (2020); "Global Metal Stamping Market 2020-2027" Acumen Research (2020); "Injection Molded Plastics Analysis and Segment Forecasts To 2027" Grand View Research (2020); "Global Manufacturing Scorecard" Brookings Institute (2018); "Global Engineering CAD Software Industry Market Research Report" Maia Research (2020); "3D CAD Software Market" Grand View Research (2021); "World Population Prospects" United Nations (2020); "Engineering by the Numbers" American Society for Engineering Education (2019); "Occupational Outlook Handbook" Bureau of Labor Statistics (2019) R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 73#74Appendix C Our addressable market today is $350B+... with upside as the Cloud Manufacturing Platform™ evolves Market opportunity, $B $10,193B $484B $368B 2025 Worldwide manufacturing market + Potential Software and Services market © 2021 Fast Radius, Inc. All rights reserved. Upside: New Business Models enabled by Cloud Manufacturing 2025 expected production Total Addressable Market (TAM) + 2025 potential software and services market 2020 production TAM (¹) Production addressable market Primary processes: ▪ Additive manufacturing ▪ CNC machining: prototyping to medium volume runs (<100k parts) Confidential - Not for Distribution Injection molding: prototyping to medium volume runs (<100k parts) ▪ Sheet metal: prototyping to small volume runs (<10k parts) (1) Includes additive manufacturing, CNC machining, injection molding, sheet metal, and other techniques; excludes extremely high volume and large form factor manufacturing and assembly Source: 3rd party market study; "3D Printing Market Global Forecast to 2023" Markets and Markets (2017); "3D Printing and Additive Manufacturing Global State of the Industry" Wohlers Reports (2020); "Category Intelligence on Machining" Beroe (2020); "2020 Additive Manufacturing Market Summary Report" Smartech (2019); "Metal Stamping Market Analysis" Grand View Research (2020); "Global Metal Stamping Market 2020-2027" Acumen Research (2020); "Injection Molded Plastics Analysis and Segment Forecasts To 2027" Grand View Research (2020); "Global Manufacturing Scorecard" Brookings Institute (2018); "Global Engineering CAD Software Industry Market Research Report" Maia Research (2020); "3D CAD Software Market" Grand View Research (2021); "World Population Prospects" United Nations (2020); "Engineering by the Numbers" American Society for Engineering Education (2019); "Occupational Outlook Handbook" Bureau of Labor Statistics (2019) FR FAST RADIUS. 74 Software addressable market Engineers, industrial designers, manufacturing and supply chain professionals using design/manufacturing software#75Appendix C Summary pro forma Income Statement $ millions Revenue YoY growth % Cost of Goods Sold Gross Profit Gross Margin % Operating Expenses EBITDA % EBITDA margin (1) 2019 and 2020 are pending final audit TRI FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. 2019A (¹) 8 191% 8 $0.2 2% 19 ($18) N/A 2020A(¹) Confidential - Not for Distribution 14 66% 12 $2 14% 23 ($21) N/A 2021E 25 76% 19 $5 21% 41 ($36) N/A 2022E 103 320% 73 $30 29% 83 ($52) N/A 2023E 2024E 2025E 246 426 635 139% 73% 49% 140 223 319 $106 $203 $316 43% 48% 50% 106 156 $0.3 $47 0.1% 11% 181 $135 21% 75#76Appendix C Reconciliation of non-GAAP financials $ millions Net income (loss) (+) Tax expenses (+) Depreciation & amortization EBITDA (-) Cash flow from investing activities Free cash flow (1) 2019 and 2020 are pending final audit TRI FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. 2019A(¹) (18) 0.3 ($18) (1) ($19) Confidential - Not for Distribution 2020A(¹) 2021E 2022E 2023E (22) (38) (64) (20) 21 0.4 ($21) ($36) ($52) $0.3 (1) (80) (48) (11) ($47) ($133) ($47) ($22) 2 11 2024E 2025E 15 94 32 41 $47 $135 (71) (46) ($24) $89 76#77Appendix C OUR PURPOSE: Make New Things Possible™ OUR VISION: To build a new infrastructure to design, make, and move things in the digital age OUR PRODUCT: First-of-its-kind Cloud TM Manufacturing Platform T FR FAST RADIUS © 2021 Fast Radius, Inc. All rights reserved. 77 Til#78Risk Factors Risks Related to Fast Radius' Business Fast Radius is an early-stage company with a history of losses. Fast Radius has not been profitable historically and may not be able to achieve profitability for any period in the future or sustain cash flow from operating activities. Fast Radius has a relatively limited operating history and has experienced rapid growth, which makes evaluating its current business and future prospects difficult. Fast Radius may not timely and effectively scale and adapt its existing technology, processes and infrastructure to meet the needs of its business. Fast Radius' operating results may fluctuate significantly from period-to-period and may fall below expectations in any particular period. Fast Radius faces intense and growing competition in the advanced manufacturing industry. Fast Radius' inability to compete effectively with its competitors could affect its ability to achieve its anticipated market penetration and achieve or sustain profitability. Increased consolidation among Fast Radius' customers, suppliers and competitors in the advanced manufacturing industry may have an adverse effect on Fast Radius' business and results of operations. The advanced manufacturing industry in which Fast Radius operates is characterized by rapid technological change, requiring continual innovation and development of new solutions and innovations to meet constantly evolving customer demands. ● ● . . . Forecasts of Fast Radius' market and market growth may prove to be inaccurate and, even if the markets in which Fast Radius competes achieve the forecasted growth, there can be no assurance that its business will grow at similar rates, or at all. If demand for Fast Radius' solutions does not grow as expected, or if market adoption of advanced manufacturing does not continue to develop, or develops more slowly than expected, Fast Radius' revenues may stagnate or decline, and its business may be adversely affected. Declines in the prices of Fast Radius' solutions, or in Fast Radius' volume of sales, together with the company's relatively inflexible cost structure, may adversely affect Fast Radius' financial results. Fast Radius may experience significant delays in the design, production and launch of its advanced manufacturing solutions and enhancements to existing solutions, and Fast Radius may be unable to successfully commercialize solutions on its planned timelines. Changes in Fast Radius' product mix may impact its gross margins and financial performance. Defects in new solutions or in enhancements to Fast Radius' existing solutions that give rise to product returns or warranty or other claims could result in material expenses, diversion of management time and attention and damage to Fast Radius' reputation. Fast Radius may be unable to consistently manufacture its products to the necessary specifications or in quantities necessary to meet demand at an acceptable cost or at an acceptable performance level. Fast Radius expects to continue to experience rapid growth and organizational change. If Fast Radius fails to manage growth effectively, it may be unable to execute its business plan, maintain high levels of service and customer satisfaction or attract new employees and customers. Fast Radius is dependent on the continued services and performance of its senior management and other key employees, as well as on its ability to successfully hire, train, manage and retain qualified personnel. Fast Radius' failure to maintain proper and effective internal controls over financial reporting and otherwise comply with Section 404 of the Sarbanes-Oxley Act or prevent or detect misstatements in its financial statements in the future could harm its business. As Fast Radius acquires and invest in companies or technologies, it may not realize expected business, technological or financial benefits and the acquisitions or investments could prove difficult to integrate, adversely affect its business, results of operations, and financial condition. R FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 78#79Risk Factors Fast Radius relies on its software and information technology systems to manage numerous aspects of its business, including its cloud manufacturing platform, and a disruption of these systems could adversely affect its business. ● ● A real or perceived defect, security vulnerability, error or performance failure in Fast Radius' software or technical problems or disruptions caused by third-party service providers could cause Fast Radius to lose revenue, damage Fast Radius' reputation and expose Fast Radius to liability. . Fast Radius may not be able to adequately protect its proprietary and intellectual property rights in its data or technology. If third parties claim that Fast Radius infringes upon or otherwise violates their intellectual property rights, Fast Radius' business could be adversely affected. Fast Radius may require additional funding for its growth plans and may not be able to obtain any additional financing on terms that are acceptable to Fast Radius, or at all. If Fast Radius fails to obtain additional financing on terms that are acceptable, Fast Radius will not be able to implement such plans fully if at all. Fast Radius' ability to obtain additional funding in the future, if and as needed, through loans or equity issuances, or otherwise meet its current obligations to third parties, could be adversely affected if the economic environment continues to be difficult. Changes in U.S. tax law may materially adversely affect Fast Radius' financial condition, results of operations and cash flows. Fast Radius' independent auditor has expressed substantial doubt about its ability to continue as a going concern. Risks Related to Becoming a Public Company The combined company will be an emerging growth company and a smaller reporting company, and the reduced disclosure requirements applicable to emerging growth companies and smaller reporting companies may make our common stock less attractive to investors. If securities or industry analysts do not publish research or reports or publish unfavorable research or reports about our business, our stock price and trading volume could decline. If we fail to maintain proper and effective internal control over financial reporting, our ability to produce accurate and timely financial statements could be impaired, investors may lose confidence in our financial reporting and the trading price of our common stock may decline. • Provisions in our proposed charter documents and under Delaware law could discourage a takeover that stockholders may consider favorable and may lead to entrenchment of management. Our proposed certificate of incorporation will provide that the Court of Chancery of the State of Delaware will be the exclusive forum for substantially all disputes between us and our stockholders and that the federal district courts shall be the exclusive forum for the resolution of any complaint asserting a cause of action arising under the U.S. Securities Act of 1933, as amended, which could limit our stockholders' ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees. Fast Radius' indebtedness could adversely affect its financial condition, its ability to raise additional capital to fund operations, its ability to operate its business, its ability to react to changes in the economy or its industry and its ability to pay debts and could divert its cash flow from operations for debt payments. FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 79#80Risk Factors Risks Related to the Transaction Each of ENNV and Fast Radius will incur significant transaction costs in connection with the Transaction. The consummation of the Transaction is subject to a number of conditions and if those conditions are not satisfied or waived, the merger agreement may be terminated in accordance with its terms and the Transaction may not be completed. . . . ● ● ● The ability to successfully effect the Transaction and the combined company's ability to successfully operate the business thereafter will be largely dependent upon the efforts of certain key personnel of Fast Radius. The loss of such key personnel could negatively impact the operations and financial results of the combined business. There is no assurance that a stockholder's decision whether to redeem its shares for a pro rata portion of ENNV's trust account will put the stockholder in a better future economic position. If the Transaction's benefits do not meet the expectations of investors or securities analysts, the market price of ENNV's securities or, following the consummation of the Transaction, the combined company's securities, may decline. A market for the combined company's securities may not develop, which would adversely affect the liquidity and price of such securities. There can be no assurance that the combined company's securities will be approved for listing on the Nasdaq Capital Market ("Nasdaq") or that the combined company will be able to comply with the continued listing standards of Nasdaq. Directors of ENNV have potential conflicts of interest in recommending that ENNV's stockholders vote in favor of the adoption of the Transaction. ENNV may redeem unexpired warrants prior to their exercise at a time that is disadvantageous to the holders of ENNV warrants, thereby making such warrants worthless. Further, even if the Transaction is completed, there can be no assurance that ENNV's warrants will be in the money during their exercise period, and they may expire worthless. If ENNV seeks stockholder approval of the Transaction, its sponsor, directors, officers, advisors and their affiliates may elect to purchase shares or warrants from public stockholders, which may influence a vote on the Transaction and reduce the public "float" of ENNV's Class A common stock or warrants. If ENNV seeks stockholder approval of the Transaction, its sponsor, officers and directors have agreed to vote in favor of such Transaction, regardless of how its public stockholders vote. The ability of ENNV's public stockholders to exercise redemption rights with respect to a large number of its shares could increase the probability that the Transaction would be unsuccessful. ENNV is not required to obtain an opinion from an independent investment banking firm or from an independent accounting firm, and consequently, its stockholders may have no assurance from an independent source that the price it is paying for the business is fair to ENNV from a financial point of view. Legal proceedings in connection with the Transaction, the outcomes of which are uncertain, could delay or prevent the completion of the Transaction. The Transaction or combined company may be materially adversely affected by the recent COVID-19 outbreak. Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect ENNV's and the combined company's business, including ENNV's and the combined company's ability to consummate the Transaction, and results of operations. FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution 80

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