Investor Presentaiton

Decarbonization of industrial heat demand Annual CO2 emission reduction by 2025 equal to >71,000 cars 2025 >2,000 MWh of storage capacity installed CO2 Reduction of >130,000 ton CO2 emissions pr year Equivalent to emissions from >71,000 diesel cars** Assuming Heatcube utilization of 84% annually | * Combustion of NG: 0.2 ton CO2/MWh, 85% efficiency | ** Avg CO2 emissions from Diesel vehicles of 1.83 ton/year KYOTO

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