Investor Presentaiton

electriq power SUSTAINABLE SOLUTIONS: CASE STUDIES ~$33MM of Sustainable Solutions revenue expected in FY2024 (1) Customer Access TAB Overview Minority-owned business developing real estate and solar projects across the Washington, DC area Agreement Memorandum of Understanding signed in Apr. 2022 for solar and battery storage installations in the Washington, D.C. area Engagement Model and Volumes Electriq and Access will collaborate to establish the ecosystem that will own, market, sell, install, operate and maintain rooftop solar panels on commercial and residential buildings along with home battery systems Projects initially targeting home battery and rooftop solar installations in ~1,000 or more locations within a 24-month period Customer orders began shipping in the second half of 2022 For every $1 of battery revenue Electriq receives in Sustainable Solutions, it receives another ~$0.15 of other upfront revenue (installation & development fees) and an additional ~$0.35 of high margin software, services and Virtual Power Plant revenue over time New Channel Partner A leading owner and operator of distributed solar energy assets across the United States BARRIO ELECTRICO Nonprofit that develops and operates residential solar systems in Puerto Rico Master Installation Agreement signed in September 2022 Memorandum of Understanding signed in Mar. 2022 New Channel Partner has launched an energy storage program to offer residential energy storage systems to its portfolio of over 50,000 owned and 80,000 managed and maintained solar systems The current forecast is approximately 1,100 systems in FY24 Committed financing for 300 systems and business plan to install 1,000 residential solar systems and up to 1,600, subject to availability of investment funds - includes expectation to use Electriq's PowerPod 2 in those systems Customer orders began shipping in the second half of 2022 Solution Gross Margin Upfront PowerPod 2, Installation & Development Longer Term Target Fleet Management Software and Virtual Power Plant ~27% ~ 50% - 90% 1. Assumes (i) 1,100 forecasted systems in the MOUS/LOIS with Access Tab and Barrio Electrico are delivered and (ii) 1,100 forecasted systems among existing New Channel Partner customers. Strictly Confidential / Not for Redistribution 19

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