Investor Presentaiton

EVgo's Purpose Driven Model Directly Leveraged to EV Adoption Accumulating Benefits From All Electric Miles OEM Agnostic: monetizes all EV types and models, installed base, VIO and VMT increase Flywheel effect from expanding customer base and usage Built in "same store sales" growth; driver-based recurring revenue model Gross margin leverage through increased utilization and yield management Strategic Advantages of Build, Own and Operate Ownership of network design, price and location drives enhanced user experience, retention and brand loyalty Provides compelling value proposition to all stakeholders Does not require customers to pay high upfront capex and ongoing O&M EV EVgo FAST CHARGING Steady Cash Flow Generation High returns and a-cyclical cash flows; critical infrastructure supported by defensible moats Offers significant runway for capital deployment at attractive returns Equipment and design specifier creates competition among vendors and declining hardware costs EVgo EVgo CHARGING FAST CHARGING EVgo ESG is in EVgo's DNA EVgo has powered 263 million zero-emission miles, reducing 102,000 MT of CO2 EVgo is the only 100% renewable powered EV charging network in the U.S. EVgo COVID-care pricing for essential frontline workers serving communities during the pandemic Multi-faceted employee-led action plan on Diversity and Inclusion Source: Company materials, Environmental Protection Agency GHG Equivalencies Calculator. EVgo 10

View entire presentation