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Investor Presentaiton

ENBALA'S REVENUE MODEL GENERAC Current SaaS Model - $/MW Assets Connected/year Fundamentally a Software-as-a-Service business Enbala is paid as assets/devices are connected to the platform on a recurring basis Current Performance Model - $/MW Delivered/year • Fundamentally a pay-for-performance business • Enbala is paid by utilities for the energy performance delivered UTILITY/ENERGY RETAILERS enbala A Generac Company UTILITY/ENERGY RETAILERS ↑↓ enbala A Generac Company CUSTOMER 1 CUSTOMER 2 CUSTOMER X CUSTOMER 1 CUSTOMER 2 CUSTOMER X enbala A Generac Company Enbala Opportunities: Energy imbalance markets • Real time capacity markets • Predictive energy management for customers . Emerging wholesale markets from FERC Order 2222 • Ancillary Service, Frequency Control and other aggregation markets 13
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