Enovix SPAC Presentation Deck

1 The Leader in Energy Density 1000 VOLUMETRIC ENERGY DENSITY (Wh/l)¹ 900 800 700 600 500 400 300 200 150 BYD 105 Ah 94 Ah SK innovation 60 Ah SAMSUNG SAMSUNG SDI 200 SAMSUNG SAMSUNG SDI 180 Ah Panasonic. 4.8 Ah 3.5 Ah CATIL 70 Ah 250 ENOVIX EX-1 4.1 Ah (LCO Cathode) LG Chem 60 Ah GRAVIMETRIC ENERGY DENSITY (Wh/kg)¹ 22 Sources for competitor data: UBS Global Research, October 2020 and Samsung data sheet (Model INR 18650-35E) 2 Design Targets 55 Ah 300 106 Ah 4.5 Ah EX-1 (NMC811 Cathode)² 350 ENOVIX

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