Investor Presentaiton

ELECTRIQ'S NEAR-TERM TECHNOLOGY ENHANCEMENTS Hub-of-the- Home Acts as a Hub-of-the-Home - standing between utility and homeowner and helping both manage power costs and consumption Integrates with existing smart appliances and home management solutions (e.g. Google Home, Alexa), including EVS Allows Electriq the ability to monetize storage assets for grid services / Virtual Power Plants Addresses growing duck curve challenges in California Hub-of-the- Home System Enhancements to Fleet Management Software Fleet management that will provide features such as forecast of future capacity, weather overlay, KPIs, advance alert system, among others Will be available to customers in different pricing tiers and service levels ► Local demand forecasts, rate tables and battery capacity forecasts for grid providers Single Space Saving Enclosure ► The future redesigned enclosure will allow Electriq to fit more battery modules in a single enclosure resulting in cost reduction and 37% wall space savings Removes the need for battery harness extensions and conduits to add-on boxes Strong relationship with both battery suppliers (CATL / Zhongeng and Topband) to produce battery packs to fit in the redesigned enclosures Integrated Cellular + Ethernet Connectivity Introducing a new eSIM which automatically switches between the 3 largest operators (1) to access whichever provides the best signal strength while reducing the number of SKUs for Electriq to stock ► Increased reliability via Ethernet connectivity compared to WiFi, which is more susceptible to signal interference and procurement, security and installation issues 1. AT&T, T-Mobile and Verizon. Current electriq power 20 kW System Today Future 20 kW System 760 mm 700 mm 1,270 mm Redesigned 1,360 mm Wall space required: 2,119 mm (6.95') Verizon (US only) Pov Wall space required : 1,326 mm (4.35') eSIM (ATT, T-Mobile) + Verizon (North America) ALBY Pov Pov Rogers (Canada partial) Pov AT&T (US/Puerto Rico/Canada) Ethernet Connectivity Strictly Confidential / Not for Redistribution 24

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