Investor Presentaiton

Users 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 OSLO IS DEVELOPING WELL AHEAD OF EXPECTATIONS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Months since launch Oslo Copenhagen VY GreenMobility YOUR CITY CAR GreenMobility YOUR CITY CAR VY Dør til dør Currently has +17,500 customers Fleet of 250 electric city cars Long-term agreement based on revenue fee Green Mobility BYBIL Large franchise partner with strong potential and clear synergies with current train- and bus operations Access to a large, existing customer base with a well-known brand in Oslo Since launch, the Oslo has developed well ahead of expectations 32 22

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