Investor Presentaiton

SUPERIOR ECONOMICS IN OCEAN SUN'S FPV SOLUTION Lower PV system costs Higher PV cell efficiency USD per Wp 0.8 0.7 0.6 EPC Other License fee $0.07/Wp. $0.03/Wp 0.5 0.4 0.3 0.2 0.1 Mounting Inverters Modules Ocean Sun Average electricity produced per day (indexed) 115 110 105 7-12% 100 95 Ocean Sun 0.0 90 Utility-scale Conventional FPV ground-mount PV1.4 (Pontoon) 1.4 Ocean Sun FPV Solution 2,4 Utility-scale ground-mount PV3 Conventional FP (Pontoon)³ Ocean Sun FPV Solution 2, 3 Sources: 1) SERIS. 2) The Company. 3) Journal of Cleaner Production. Note: 4) Assumes module cost of USD 0.25 per Wp Efficiency differences depend on seasonality, climate, location, and other factors. EPC means "Engineering, Procurement, and Construction" Ocean Sun Ocean Sun is highly competitive compared to conventional FPV solutions 25-30% lower system cost 5-10% higher PV cell efficiency Ocean Sun also outperforms large-scale ground-mount PV economics 10-15% lower system cost, with additional savings from lower land and grid-connection costs 7-12% higher PV cell efficiency By offering superior economics, Ocean Sun has the potential to claim a substantial market share in the fast-growing FPV market 25

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