Hexagon Purus Business Overview slide image

Hexagon Purus Business Overview

Hexagon Purus in pole position to benefit from the huge market opportunity – H2 cylinder market expected to grow to USD -7bn HEXAGON Passenger vehicles Vans, LCV and LDT MDTS and HDTS Bus Other mobility2 HEXAGON PURUS' ADDRESSABLE HYDROGEN CYLINDER REVENUE POOL (USDbn)¹ 6.3x Hydrogen distribution by truck HRS on site storage H2 vehicle adoption rate³ 2025 2030 6.9 2.3% 5.1% 11.0x 1.1 0.1 2020E 2025E 2030E 1.0% 7.0% 0.2% 1.6% 0.1% 1.3% USD ~7bn hydrogen cylinder market revenue pool in 2030 Medium and heavy-duty trucks expected to make up a large part of Hexagon Purus' hydrogen cylinder market in 2030 (approx. -30%) China (~39%4) is expected to be the biggest market mid-term, followed by EU (~26%4) and the US (~14%4) Source: Company, third-party consultant 1) Assuming all end-users use compressed gas hydrogen cylinders in all mobility segments, 2) Includes marine, rail, drones aviation, farming equipment, construction and mining equipment 3) % of vehicles sales, 4) % of addressable market 2030E 10
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