Hyzon SPAC Presentation Deck

Hyzon's Fuel Cell is Differentiated with a Clear Technological Lead over Competitors ■ ■ Evolved through 17 years of fuel cell development from Horizon fuel cell Fuel cells that could match the power output of diesel engines were historically too heavy and too big. Higher power density makes the Hyzon fuel cell highly suited to diesel engine replacement Hyzon's new Titan stacks are projected to have the highest power density on the market (performance validated by highly respected testing authority TÜV Rheinland, and benchmarked through independent consultant research) HYZON | DCRB+ HYZON TECHNOLOGY Competitors typically developed their fuel cells with stationary applications or passenger cars in mind; Hyzon is entirely focused on heavy mobility, which has unique challenges and requirements Patent protected technology: 20 exclusively owned provisional patent applications and 40+ co-owned patents and applications with Horizon EXAMPLE PRODUCT: G2 FUEL CELL STACK 24

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