Next.e.GO Investor Update

The views and statements provided in this Presentation are based on information derived from Next.e.GO Mobile SE and its affiliates (collectively, "Next.e.GO") own internal sources and estimates, information provided by 3rd parties and also from publicly available sources that have not been independently verified by Next.e.GO or Athena Consumer Acquisition Corp. ("Athena"). Neither Next.e.GO nor Athena has independently verified the accuracy or completeness of these sources. This Presentation (references to which shall be deemed to include any information which has been or may be supplied in writing or orally in connection herewith or in connection with any further enquiries) is being delivered to recipients interested in a transaction involving Next.e.GO and Athena (the "Transaction"). DISCLAIMER - 1 OF 3 By its acceptance hereof, each recipient agrees that neither it, its affiliates nor their respective agents, partners, directors, accountants, counsel, officers, employees or other representatives (collectively, "Representatives") will copy, reproduce or distribute to others this Presentation, in whole or in part, at any time without the prior written consent of Next.e.GO and Athena and that it will keep confidential all information contained herein not already in the public domain and will use this Presentation for the sole purpose of deciding whether to proceed with a further investigation of Next.e.GO or the Transaction. The recipient shall be responsible for any violation of obligations by any of its Representatives. No representation, warranty or undertaking, express or implied, is made or will be given by Next.e.GO, Athena and their respective affiliates and Representatives as to the fairness, accuracy, completeness or reliability of this Presentation and the information and or statements contained therein. Any recipient of this Presentation is responsible for conducting his or her own due diligence and other enquiries as well as making his or her own analysis and his or her own independent assessment of the information provided herein in connection with the Transaction. Any decision to rely on the information contained in this Presentation is the sole responsibility of the recipient of this document and neither Next.e.GO nor Athena will be responsible for any loss incurred by the recipient as a result of any actions taken by him or her relying upon the information herein. This Presentation is based, in part, upon management estimates and forecasts of Next.e.GO and reflects views and opinions solely of Next.e.GO as of the date of this Presentation, all of which are accordingly subject to change. Any such estimates, forecasts, views or opinions set forth in this Presentation constitute Next.e.GO's judgments and should be regarded as indicative, preliminary and for illustrative purposes only. In addition, Next.e.GO's analyses contained herein are not, and do not purport to be, appraisals of the issued share capital, assets or business of Next.e.GO, Athena or any other entity. Further, this Presentation does not purport to contain all information that may be required or relevant to an evaluation of the Transaction. Nothing in this Presentation is, or should be relied upon as, a promise or representation either as to future results or events or as to the reasonableness of any assumption or view contained herein (whether expressed or implied) and neither Next.e.GO nor Athena accepts any responsibility or liability whatsoever for the accuracy or sufficiency thereof or for any errors, omissions or misstatements, negligent or otherwise, relating thereto. This Presentation may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events, contracts, prospects and future financial performance. These forward-looking statements are not guarantees or predictions of future performance and involve known and unknown material risks, uncertainties and other factors, many of which are beyond the control of Next.e.GO and Athena and which may cause actual results to materially differ from those expressed in the statements contained in this Presentation. These forward-looking statements include, but are not limited to, expectations with respect to future performance and anticipated financial impacts of the Transaction, the timing of the completion of the Transaction, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. These statements are based on various assumptions, whether or not identified in this Presentation, and involve significant risks and uncertainties that could cause actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties included on pages 40-42 of this Presentation as well as those described in the "Risk Factors" section of the proxy statement/prospectus included in the Registration Statement on Form F-4 relating to the Transaction (the "Form F-4"), which Next.e.GO filed with the Securities and Exchange Commission (the "SEC") on March 13, 2023, any amendment to the Form F-4 and other documents filed by Next.e.GO and Athena from time to time with the SEC. Neither Athena nor Next.e.GO undertakes or accepts any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Consequently, it does not contain all the information which would be required to be contained in such a prospectus or disclosure document such as, for example, details of the assets and liabilities, financial position, profits and losses and prospects of any of the entities referred to in this Presentation. The material provided in this Presentation is provided for the information of recipients and does not constitute an invitation or inducement to such persons to enter any investment activity relating to those entities. Next.e.GO and Athena have not considered the objectives, financial position or needs of any recipient. The recipient should obtain and rely upon his or her own professional advice from their tax, legal, accounting, financial and other professional advisors in respect of the recipient's objectives, financial position or needs before making any investment decision based on information contained in this Presentation. eco Page 2 // © Next.e.GO Mobile SE 2023