#1gogoro Q3 2023 Investor Presentation NOV 16, 2023 gogoro network™#2Gogoro ® Q3 2023 - Investor Presentation Horace Luke Founder, CEO and Chairman Bruce Aitken Chief Financial Officer 2#3DISCLAIMER Forward-Looking Statements: This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Gogoro's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern Gogoro's expectations, strategy, priorities, plans or intentions. Forward-looking statements in this communication include, but are not limited to, statements in the section entitled, "Updated 2023 Guidance," such as estimates regarding revenue and Gogoro's revenue generated from the Taiwan market, and statements by Gogoro's founder, chairman, and chief executive officer and Gogoro's chief financial officer, such as projections of market opportunity and market share, the strategic cooperation and investments in India and the Philippines, the capability of Gogoro's technology, and Gogoro's business plans including its plans to grow and expand in Taiwan and internationally, pricing strategies, expectation regarding the expansion of product portfolio and expectation regarding continuous investment in research and development, network infrastructure and its international production capacity. Gogoro's expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks related to the impact of the COVID-19 pandemic, risks related to macroeconomic factors including inflation and consumer confidence, risks related to the Taiwan scooter market, risks related to political tensions, Gogoro's ability to effectively manage its growth, Gogoro's ability to launch and ramp up the production of its products and control its manufacturing costs and manage its supply chain issues, Gogoro's risks related to ability to expand its sales and marketing abilities, Gogoro's ability to expand effectively into new markets, foreign exchange fluctuations, Gogoro's ability to develop and maintain relationships with its partners, risks related to operating in the PRC, regulatory risks and Gogoro's risks related to strategic collaborations, risks related to the Taiwan market, China market, India market, and other international markets, alliances or joint ventures including Gogoro's ability to enter into and execute its plans related to strategic collaborations, alliances or joint ventures in order for such strategic collaborations, alliances or joint ventures to be successful and generate revenue, the ability of Gogoro to be successful in the B2B market, risks related to Gogoro's ability to achieve operational efficiencies, Gogoro's ability to raise additional capital, the risks related to the need for Gogoro to invest more capital in strategic collaborations, alliances or joint ventures, risks relating to the impact of foreign exchange and the risk of Gogoro having to update the accounting treatment for its joint ventures. The forward looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in Gogoro's filings with the Securities and Exchange Commission ("SEC"), including in Gogoro's Form 20-F for the year ended December 31, 2022, which was filed on March 31, 2023 and in its subsequent filings with the SEC, copies of which are available on the SEC's website at www.sec.gov. The forward- looking statements in this communication are based on information available to Gogoro as of the date hereof, and Gogoro disclaims any obligation to update any forward-looking statements, except as required by law. Use of Non-IFRS Financial Measures This presentation and accompanying tables contain certain non-International Financial Reporting Standards (collectively, "IFRS") financial measures as issued by the International Accounting Standards Board including foreign exchange effect on operating revenues, non-IFRS gross profit, non-IFRS gross margin, Non-IFRS Net Loss, EBITDA and Adjusted EBITDA. Foreign exchange ("FX") effect on operating revenues. We compare the dollar amount and the percent change in the operating revenues from the period to the same period last year using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying revenues performed excluding the effect of foreign currency rate fluctuations. To present this information, current period operating revenues for entities reporting in currencies other than USD are converted into USD at the average exchange rates from the equivalent periods last year. Non-IFRS Gross Profit and Gross Margin. Gogoro defines non-IFRS gross profit and gross margin as gross profit, gross margin excluding share-based compensation, and exit activities. Share-based Compensation Share-based compensation consists of non-cash charges related to the fair value of restricted stock units awarded to employees. We believe that the exclusion of these non-cash charges provides for more accurate comparisons of our operating results to our peer companies due to the varying available valuation methodologies, subjective assumptions and the variety of award types. In addition, we believe it is useful to investors to understand the specific impact of share-based compensation on our operating results. Gogoro Q3 2023 - Investor Presentation 3#4DISCLAIMER Non-IFRS Net Loss. Gogoro defines non-IFRS net loss as net (loss) income excluding share-based compensation, the change in fair value of financial liabilities including revaluation of redeemable preferred shares, change in fair value of earnout, earn-in and warrants associated with the merger of Poema, listing expenses and one-time non-recurring costs associated with the merger. These amounts do not reflect the impact of any related tax effects. EBITDA. Gogoro defines EBITDA as net (loss) income excluding interest expense, net, provision for income tax, depreciation, and amortization. These amounts do not reflect the impact of any related tax effects. Adjusted EBITDA. Gogoro defines Adjusted EBITDA, as EBITDA excluding share-based compensation, the change in fair value of financial liabilities including revaluation of redeemable preferred shares, change in fair value of earnout, earn-in and warrants associated with the merger of Poema, and one-time non-recurring costs associated with the merger. These amounts do not reflect the impact of any related tax effects. Acquisition-related Expenses. Gogoro incurs acquisition-related and other expenses which consist of costs incurred after the issuance of a definitive term sheet for a particular transaction and include legal, banker, accounting, printer costs, valuation and other advisory fees. Management excludes these items for the purposes of calculating non-IFRS adjusted EBITDA. Gogoro generally would not have otherwise incurred such expenses in the periods presented as part of its continuing operations. The acquisition-related expenses are not recurring with respect to past transactions, can be inconsistent in amount and frequency from period to period and are significantly impacted by the timing and magnitude of Gogoro's acquisitions. While these expenses are not recurring with respect to past transactions, Gogoro generally will incur these expenses in connection with any future acquisitions. Listing Expense. In connection with the merger with Poema, the excess fair value of shares issued by Gogoro in exchange for the net assets of Poema was recorded as listing expense in operating expense. The listing expense for the merger is not recurring with respect to past transactions, can be inconsistent in amount and frequency from period to period and is significantly impacted by the timing and magnitude of the merger. Exit Activities. We have incurred charges including the exit of certain product lines as well as other non-recurring activities. These charges are not representative of ongoing costs to the business and are not expected to recur. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations. These non-IFRS financial measures exclude share-based compensation, interest expense, income tax, depreciation and amortization, change in fair value of financial liabilities including revaluation of redeemable preferred shares, change in fair value of earnout shares, earn-in shares and warrants associated with the merger of Poema, listing expense and one-time non-recurring costs associated with the merger. The Company uses these non-IFRS financial measures internally in analyzing its financial results and believes that these non-IFRS financial measures are useful to investors as an additional tool to evaluate ongoing operating results and trends. In addition, these measures are the primary indicators management uses as a basis for its planning and forecasting for future periods. Non-IFRS financial measures are not meant to be considered in isolation or as a substitute for comparable IFRS financial measures. Non-IFRS financial measures are subject to limitations and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with IFRS. Non-IFRS financial measures do not have any standardized meaning and are therefore unlikely to be comparable to similarly titled measures presented by other companies. A description of these non-IFRS financial measures has been provided above and a reconciliation of the Company's non-IFRS financial measures to their most directly comparable IFRS measures have been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations. Gogoro Q3 2023 - Investor Presentation 4#5GGR Gogoro Q3 2023 - Investor Presentation goro Tagalo gogolo DOC G pogora gogoro PONO gogoro gogoro ogoro C 00000 5#6Smart & Sustainable Electric Fuel 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 0 00 00 00 00 00 0 00 00.00.00 Gogoro Q3 2023 - Investor Presentation#7NEW OPPORTUNITIES (US ELECTRIFICATION Gogoro Q3 2023-Investor Presentation Environmental Business#8MIH 00000 RECENT HIGHLIGHTS crident Yory Play SWAP &00 gogolo Japan Mobility Show Gogoro Q3 2023 - Investor Presentation Product Launch gogolo network Community Manufacturing S Technology VINN Expansion MIT Technology Review Recognition Climate Tech Company to Watch 8#9TAIWAN MARKET STATUS UPDATE NETWORK SUBSCRIBERS 570,000+ RETAIL TOUCHPOINT (BY END OF 2023) Direct & Franchise 96+ Authorized 460+ 150+ Quick Service Gogoro Q3 2023-Investor Presentation TOTAL RIDING DISTANCE 9.03 Billion Kilometers Third Quarter of 2023 8.6% ePTW vs Total Vehicles Sold (20,815 units) Third Quarter of 2023 7.1% PBGN vs Total Vehicles Sold (17,314 units) m Third Quarter of 2023 6.3% Gogoro vs Total Vehicles Sold (15,302 units)#10FUTURE PRODUCTS IN DEVELOPMENT High Performance Gogoro Q3 2023-Investor Presentation Light Affordable 15 10#11NETWORK EXPANSION GOSTATION LOCATIONS 2570+ SMART ENERGY DEPLOYMENT Enel X 1,000+ Virtual Power Plant Smart Parking Meters Smart Traffic Signals Gogoro 03-2023 Investor Presentation 655 187 N 11#12BUILDING COMMUNITY 2023 000機行 Gogoro Q3 2023-Investor Presentation in gogabnetwork We Are Back! VAMADA DV 12#13GOGORO X MUJI COLLABORATION MUJI gogob DURA Life Motion. 9. nanu Gogoro Q2 2023-Investor Presentation MUJI gogo MORA *****PRESE CARTELES TREFERE MUJIMORL 13 C#14CROSSOVER Gogoro Q3 2023 - Investor Presentation 14#15GOGORO X APPLE Gogoro Q3 2023 - Investor Presentation S 10:08 15#16MIH PROJECT-X WITH GOGORO SMART BATTERIES FE Gogoro Q3 2023 - Investor Presentation 1110 1 MIH A Foxconn-initiated Open EV Alliance 0 gogoro network MIH Mobilly In my Revolutionizing the Future of Smart City 16#17lla MIT Technology Review 2023 Climate Tech Company to Watch gogoro ClimateTech Gogoro Q3 2023 - Investor Presentation MIT Technology Review MIT Technology Review Recognizes Gogoro as a Top Climate Tech Company to Watch 17#18CONCEPT STORE Life in Motion. Gogoro Q3 2023 - Investor Presentation gogo 000 998 E5 880 LET 008 Life in Motion. gogoro SPOR 18#19INTERNATIONAL EXPANSION UPDATE Gogoro Q3 2023 - Investor Presentation 19#20INDIA SOURCED INDIA MANUFACTURED DOCTO Gogoro Q3 2023- Investor Presentation 200 20#21GOGORO EXPERIENCE CENTER IN MAKATI, PHILIPPINES- AMT RIDE YOUR ST Lev Gogoro Q3 2023 - Investor Presentation Uper Spor EAUTIFUL gogolo AIRP 21#22Q3 2023 FINANCIAL RESULTS Gogoro Q3 2023 - Investor Presentation 00 10 00 00 00 00 8800 22#232023 Q3 FINANCIAL RESULTS Revenue $91.8M ✓ 10.2% YOY IFRS Gross Margin 18.3% ↑ 0.9% YOY Net Loss $3.1M $59.5M YOY Revenue (On a constant currency basis) $95.6M ✓6.5% YOY Non-IFRS* Non-IFRS Gross Margin 19.2% ✓ 0.8% YOY Adjusted EBITDA $13.1M ↑ $3.9M YOY *Please see a description of these non-IFRS financial measures on slide 3 & 4 of this presentation and a reconciliation of the Company's non-IFRS financial measures to their most directly comparable IFRS measures in the financial statement tables included in the Appendix to this presentation Gogoro Q3 2023 - Investor Presentation 23#242023 GUIDANCE Gogoro Q3 2023 - Investor Presentation 2023 REVENUE $340M - $370M GUIDANCE 24#2500 0 Q&A 8 DO DO Gogoro Q3 2023 - Investor Presentation gogolo netw ANNEDY gogoro e S 0000 0 0000 000 Jeet 00000 00000 00000 00000#26LET'S GO Gogoro Q3 2023 - Investor Presentation 26#27Appendix Gogoro Q3 2023 - Investor Presentation Ⓡ 27#28Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Constant Currency Operating revenues: Sales of hardware and others Battery swapping service Total Reconciliation of Constant Currency Operating revenues: Sales of hardware and others Battery swapping service Total Gogoro Q3 2023 - Investor Presentation Three Months Ended September 30, 2023 IFRS Revenue 58,147 33,603 91,750 IFRS Revenue $ 159,111 99,205 258,316 FX Effect $ Nine Months Ended September 30, 2023 2,709 1,102 3,811 $ Revenue excluding FX effect FX Effect 9,041 5,261 14,302 60,856 34,705 95,561 Revenue excluding FX effect $ 168,152 104,466 272,618 2022 IFRS revenue $ 71,754 30,428 102,182 2022 IFRS revenue 197,131 90,229 $ 287,360 IFRS revenue YoY change % (19.0) % 10.4% (10.2%) IFRS revenue YoY change % (19.3) % 9.9% (10.1%) Revenue excluding FX effect YoY change % (15.2)% 14.1% (6.5%) Revenue excluding FX effect YoY change % (14.7) % 15.8% (5.1%) 28#29Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Gross Profit and Gross Margin to Non-IFRS Gross Profit and Gross Margin Gross profit and gross margin Share-based compensation Exit activities Non-IFRS gross profit and gross margin Net (loss) income Share based compensation Change in fair value of financial liabilities Acquisition-related expenses Listing expense Exit activities Non-IFRS net loss Three Months Ended September 30, 2023 16,783 18.3% $ 801 Reconciliation of Net (Loss) Income to Non-IFRS Net Loss Gogoro Q3 2023 - Investor Presentation 17,584 19.2% $ Three Months Ended September 30, 2023 2022 (3,088) $ 9,027 (19,142) 2022 17,809 17.4% $ 1,003 1,661 $20,473 20.0% $ ($13,203) 56,393 11,353 (85,755) 1,661 (16,348) Nine Months Ended September 30, 2023 2022 40,344 15.6% 2,066 42,410 16.4% $ Nine Months Ended September 30, 2023 2022 (49,332) $ 22,325 (16,232) 43,383 15.1% 2,921 1,661 47,965 16.7% (43,239) $ (86,376) 26,734 (189,560) 20,855 178,804 1,661 (47,882) 29#30Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA Net (loss) income Interest expense, net Depreciation and amortization EBITDA Share-based compensation Change in fair value of financial liabilities Acquisition-related expenses Listing expense Exit activities Adjusted EBITDA Gogoro Q3 2023 - Investor Presentation Ⓡ Three Months Ended September 30, 2023 (3,088) 2,533 23,814 23,259 9,027 (19,142) 13,144 2022 56,393 $ 1,651 23,895 81,939 11,353 (85,755) 1,661 9,198 $ Nine Months Ended September 30, 2023 (49,332) $ 6,594 73,293 30,555 22,325 (16,232) 1 36,648 $ 2022 (86,376) 6,940 72,976 (6,460) 26,734 (189,560) 20,855 178,804 1,661 32,034 30