Hyzon SPAC Presentation Deck

Hyzon has a Robust Financial Plan Large TAM with proven demand for rapid topline growth 500 commercial vehicles powered today¹ ▪ Near-term adjacent markets of other commercial vehicles, forklifts, and buses Longer-term, ability to expand into other sectors: aviation, marine, rail, and other transportation Profitable Uniquely positioned vs. hydrogen mobility competitors that are not able to produce their own hydrogen supply or fuel cells, an expensive and critical technology ■ ▪ Secured supply contracts provide low input costs for key components such as hydrogen supply High margins are achievable even with competitive pricing for customers ¹ Co-developed by Horizon and OEMs, using Horizon's fuel cell powertrain. HYZON | DCRB* Key Projections US$ in millions $27 ■ ■ $1,454 $724 $142 $1,888 FCEV Heavy Truck 36t-50t $127 $350 $214 $- $24 FCEV Medium Truck 12t ■2021 2022 $8 $25 $31 $171 $342 FCEV City Bus 12m / 40ft FINANCIALS 2023 2024 $66 Cash-Generative Low capital intensity drives cash-flow generation that can be reinvested in growth in early years and returned to shareholders in future years Ability to slow growth and remain FCF positive 2025 $337 $550 FCEV Truck / Van Class 3 35

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