Advent SPAC Presentation Deck slide image

Advent SPAC Presentation Deck

Low Cost Drives Adoption Advent's Patented Technology Provides for Significant Advantage Relative to Peers Cost ($/kW) $800 $700 $600 $500 $400 $300 $200 $100 $0 5 Competition 2021 Advent Ramp-up of advanced MEA 2022 Source: Management estimates. Advent is winning the race to be the low cost industry provider able to take market share from battery and ICE vehicles 2023 7 2025 Target: $80/kw www.advent.energy Cost Reduction through Innovation Substantial cost savings due to automation of assembly line and advanced MEA product development projects Automation of assembly line provides 3x efficiency improvement in direct labor costs Advent's advanced MEA will provide the same power output with -25% of the raw materials Cost Reduction by Scale-up Substantial unit cost savings as MEA production builds up due to raw material purchasing efficiency & reduced processing costs Procurement, labor and processing costs all highly competitive due to location of manufacturing AMCI ADVENT Acquisition Corp. 24
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