Allego Investor Presentation Deck

European Union's Increased Focus and Investments in its Energy Independence Recent Events Driving New Energy Focus EU Parliament has voted in favor of supporting the ban of all ICE vehicle sales by 2035 Increasing energy supply concerns following Russia's unprecedented military attack on Ukraine Increase Rooftop Solar Panels, Heat Pumps and Energy Savings Europe has been facing high and volatile energy prices in recent months Action Plan to Achieve Energy Independence Reduce dependence on fossil fuels, making homes and buildings more energy efficient Allego> Focus on Decarbonizing Manufacturing Launch of The European Battery Alliance (EBA) Accelerate the switch to electrification and renewable hydrogen and enhance low-carbon manufacturing capabilities Batteries are a strategic part of Europe's clean and digital transition and a key enabling technology for automotive sector Doubling the EU Ambition for Biomethane Produce 35 bcm per year by 2030, in particular from agricultural waste and residues Source: The European Commission and Wall Street research. European Commission has proposed, "REPowerEU", to boost Europe's energy independence - make Europe independent from Russian fossil fuels by 2030 Increase Renewable Hydrogen Sourcing European Commission Develop infrastructure, storage facilities and ports, and replace demand for Russian gas Accelerate Renewables Permitting Minimize the time for roll-out of renewable projects and grid infrastructure 20

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