Stem SPAC Presentation Deck

stem Strong Balance Sheet Drives Rapid Expansion Investment thesis Stem is the first pure play smart energy storage company to go public in the US ✓ ✓ Large Addressable Market and Strong Macro Tailwinds Market Leader with Industry Leading Technology Balance Sheet Well Positioned to Capitalize on Significant Expected Growth ✓Highly Visible Growth to Gain ✓ Exposure to Energy Transition and ESG 38

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