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Investor Presentaiton

Commercial Activities SUBMITTED PROPOSALS SHORT-LISTED FLOW THROUGH AWARDED Pipeline Growth BOOKED ORDERS 9.1 GWh 29.5 GWh 5.2 GWh Potential Bookings Potential Bookings Potential Bookings ~$8.0B ~$1.5B ~$3.3B 2.4 GWh Bookings ~$843M Firm offer submitted Approx. 60% BESS/ 40% GESS mix Short-listed following competitive bid Contract negotiations LOI / Firm commitments Contract awarded Final contract negotiations Signed contracts to be deployed & executed license agreements 2023 Financial Guidance Supported by 2,035 MWh of booked orders and 9.0 GWh of awards Total Signed Contracts & Awards are approximately 11 GWh, representing more than $3.9B of potential revenue ENERGY VAULTⓇ © 2023 ENERGY VAULT HOLDINGS INC. ALL RIGHTS RESERVED Enabling a Renewable World LO 5
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