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Investor Presentaiton

20 Truck1 TAM² ~$195B Key Partners & Customers MAHLE (Europe), Hexagon Purus (US), Linamar (North America & Europe), Weichai (China), Quantron (Europe) Fuel Cell Size - 50kW 360kW Deployed/ In-Development ~2,300/145 Trucks Value Proposition: FCETS provide long range, fast refueling and full route flexibility, consistent with diesel technology, and serve a wide range of operating conditions with minimal impact on vehicle payload. Current development: >2,200 Ballard powered FCETS worldwide Partnership structure focused on Tier 1 suppliers (Weichai Group, Mahle, Linamar) as a channel to global truck OEMs. Work underway to develop fuel cell engines for market scale mid term development horizon. Working with vehicle integrators (Quantron, Hexagon Purus, Wisdom, Weichai Group) expected to help accelerate current demand of fuel cell trucks by bringing early-stage truck fleets to market. Enhanced capabilities in energy system engineering anticipated to support these initiatives by reducing customer friction points, accelerating customer adoption. Key Partners & Customers Linamar 1 2 3 Quantron Hexagon Purus Mahle² 5 6 Weichai¹ 7 8 Truck Classification LO (o) Light Duty (50 - 70kW) Medium Duty (70 - 100kW) 1, 2 See Slide Notes D III Heavy Duty (150 - 360kW) BALLARD™
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