Alimentation Couche-Tard Investor Presentation
EV Transition
➤ Developments in Scandinavia; participation in several value pools
➤ Key learnings
➤ North America remains the world's largest market for internal combustion engines, and despite regulatory attention,
energy transition for transportation is only at a formative stage
➤ The co-existence of EV and ICE is expected for many years due to light vehicle life spans (~12.2 years in the US and
~11.8 years in Europe¹) which slows the turnover of large existing ICE fleet, the transition is gradual
➤Supply and demand challenges to EV adoption include material and labor shortage, increased focus on energy security
as a result of geopolitical conflicts and global tightening on monetary policy
➤ Availability of charging infrastructure remains a challenge for customers
➤ Scaling in Europe and penetrate North America
1S&P Global Mobility, May 2022 and ACEA- European Automobile Manufactures Association, April 2022
Alimentation Couche-Tard | Investor Presentation
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