Brief Capabilities Presentation

Global Solar Module Market Heliene is well positioned to become a market leader in a rapidly growing global solar market Global Solar Module Market Observations Global ■ The global market for solar modules is forecasted to see ■ double digit growth driven by demand as the world moves to electrification. Primary growth regions at a global scale include China, India, US, and Germany, driven by supportive public policy. ■ Total global solar capacity is forecasted to grow at a 18.0% CAGR to 1,449 GW through the decade. ■ In the same time frame, the North American market is forecasted to grow at an accelerated rate 19.0% CAGR. Global Solar PV Market Forecast GW 2,000 CAGR: 21.5% 1,600 CAGR: 13.2% 1,200 800 400 0 North America ■ The North American solar energy market is the third largest in the world (behind Asian and Europe), primarily dominated by the US market. ■ The Residential (15.3%) and Commercial & Utility (76.5%) segments constitute the majority of the PV module demand in the US market. ■ Markets are maturing rapidly across all regions in the US. ■ Within Canada, Ontario emerged as the primary market for solar, with other provinces growing rapidly with applications for solar in agriculture and electric vehicles charging accelerating. 2015A 2016A 2017A 2018A 2019A 2020E 2021E 2022E 2023E 2024E Historical Conservative High Growth Historical & Projected Heliene U.S. Market Share MW 37,500 30,000 22,500 15,000 7,500 3.6% 3.8% 3.6% 2.6% 1.4% 1.6% 0.7% 0.9% 0 2018A 2019A 2020A 2021E 2022E 2023E 2024E 2025E Imports Domestic Market Share Source: Solar Energy Industries Association, EPIA, Mordor Intelligence Report Page 6 PRIVATE AND CONFIDENTIAL Note: Total market size estimates are based on mid case BNEF estimates. Assumes 10.0% growth rate into 2024E and 2025E. HELIENE

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