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Investor Presentaiton

electriq power GO-TO-MARKET STRATEGY Electriq is focused on three primary go-to-market strategies to capture its large addressable market Customer Overview Sustainable Community Networks ("SCN") Residential customers in municipalities and townships Drives immediate savings for consumers and acceleration of renewable target goals for municipalities ► Focus on under-resourced communities TY OFS SANTA ANTA BAR SL Climate Coalition 401 PAR Sustainable Solutions (1) Microgrid providers and homebuilders ► Focusing on clean installation and affordable price point ► Modular design intended to fit a wide range of homes BARRIO ELECTRICO New Channel Partner Access TAB White Label / Distributors / Other Strategic partners with established B2C distribution channels for residential energy solutions Energy storage complementary to Strategic partner's existing offerings (e.g. generators/backup) Potential use cases include residential electric vehicle charging Anticipated Unit Economics (2) Projected 2024 Revenue / Gross Profit Mix(2) ~$28,000 Unit Price ~22% Gross Margin ~$15,000 Unit Price ~27% Gross Margin Sustainable Community Networks FY24 Unit Volume Projection: 2,592 FY24 Revenue Sustainable Solutions FY24 Unit Volume Projection: 2,184 FY24 Gross Profit FY24 Revenue FY24 Gross Profit $33 mm $9 mm $16 mm $72 mm 1. Formerly known as Microgrid go-to-market strategy. 2. See details on page 41. Sustainable Community Networks reflects expected average system size in FY2024. Strictly Confidential / Not for Redistribution 16
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