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Investor Presentaiton

Plug Power and Energy Vault sign MOU to accelerate the deployment of economical and sustainable long duration energy storage solutions Plug selects Energy Vault as the integrator of choice for its customers that demand long duration storage and micro-grid solutions Energy Vault will license to Plug its Energy Management System (Vault-OS and Optimizer) that will increase the financial return of Plug's customers Energy Vault will optimize its ultra-long duration solutions with Plug's fuel cells and electrolyzers The joint effort will address the rapidly growing multi day and micro-grid energy storage. segment with a SAM over five years of +100GWh (+$10Bn) (equivalent to 100 "Calistoga" type systems over five years) plug © 2023 ENERGY VAULT HOLDINGS INC. - ALL RIGHTS RESERVED 25
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