Solid Power DCRC+ Financial Overview

Compelling Market Opportunity The Electric Vehicle Transition is Underway When produced at scale, All-Solid-State Batteries are expected to rapidly capture significant market share Annual Global Passenger EV Sales (Millions of Vehicles Sold) 445 45 EV Battery Total Addressable Market¹ ($ in Billions) 50% 40 40 35 30 25 20 15 10 5 0 2020 2025 2030 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 2035 Global EV Penetration as % of Sales 100% EV adoption $490bn TAM 2035 $220bn TAM Source: Bloomberg NEF. 1. Based upon BNEF's estimates of global electric and non-electric vehicle production in 2035. Battery opportunity assumes 70 kWh pack sizes and $75/kWh. Solid Power DCRC 15

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