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Plug Power Investor Presentation

Note: Today's Fuel Cells for proven, reliable power. plug power GenDrive GenDrive Value Proposition Key benefits of GenDrive implementation · Increased productivity up to 15% • Greenfield IRR Payback < 1 year and ~$3 million in savings Reduced carbon footprint up to 80% $12 Fuel Cell Labor Savings Compared to Lead-Acid Batteries Cumulative Savings in un in $2 $6 $4 $10 $8 $0 1 2 3 4 5 6 8 9 10 Cumulative Labor Savings per Year Savings calculations based on brownfield and does not include benefits to fork trucks from constant voltage or reduced workforce from lower fleet size. Annual savings conditional to site labor rate, shifts per day, electricity prices, battery prices and battery room expenses 10

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