Meyer Burger Investor Presentation

. Increasing Goodyear capacity by ~400 MW and replicating DESRI offtake agreement Planned capacity expansion • • Module: increasing Goodyear annual capacity from approximately 1.6 GW to approximately 2 GW with minimal incremental CAPEX Cell: additional equipment for higher cell volume required in Colorado (Colorado Springs, U.S.) Key offtake parameters for incremental volume Customers: two new major developers/offtakers (BayWa and Ingka Investments / IKEA) Term: multi-year starting in 2025 Down payments: down payment for incremental CAPEX as well as substantial recurring annual down payments for working capital Further economically attractive expansion Contractual offtake structure successfully pioneered with DESRI now replicated with new blue chip customers (BayWa and Ingka Investments / IKEA) Compared to DESRI agreement, higher and earlier down payments also cover required CAPEX Expansion to overall approximately 3.4 GW triggers incremental economies of scale that further dilute fixed costs and improve operational margins Additional IRA tax credits to be expected through U.S. module production (partially shared with customers) Further strengthening of Meyer Burger's U.S. footprint Negotiations with further strategic offtake partners in the U.S. and Europe on the back of the offtake model continue to be ongoing MEYER BURGER 7

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