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Investor Presentaiton

Transaction Overview • The Business • Vision & Mandate Offering Size Valuation Capital Structure • . • EVgo is an industry leading builder, owner and operator of EV fast charging in the U.S. Pure-play investment in essential 21st century infrastructure Difficult-to-replicate consumer-facing network effect Climate change is a foundational issue and society is shifting towards decarbonization Transportation currently generates the largest share of U.S. carbon emissions EVgo is an essential leader in the transition to clean mobility Climate Change Crisis Real Impact I ("CRIS") has $230mm of cash in trust Proposed PIPE size of $400mm • Pro forma enterprise value of $2.1bn • Attractively valued entry multiple relative to peers Existing EVgo shareholders will be rolling 100% of their equity ~$575mm of net proceeds (1) to fully fund business until projected cash flow positive in 2026E • Strong balance sheet - EVgo has no debt (1) Net proceeds assume no redemptions by CRIS stockholders. EVgo 4
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