Hexagon Purus SPAC Presentation Deck
Focus on ramping up capacity to support the pipeline and
opportunities ahead
ESTIMATED CUMULATIVE CAPITAL EXPENDITURE Q4 2020 TO 2022¹1
(SOME INITIATIVES ARE MULTI-YEAR COMMITMENTS) | NOKM
TYPE 4
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Hydrogen cylinder capacity
expansion in Europe,
North America and
Northeast Asia
Battery pack and hydrogen
systems capacity
expansion
Hydrogen cylinder
production automation &
WCM2 initiatives
Hydrogen and battery
systems facility upgrades
1) CAPEX estimates does not include investments related to strategic cooperation with CIMC ENRIC in China; 2) World class manufacturing
Signficant portion is
contingent on timing of
customer wins
-500
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HEXAGON
PURUS
COMMENTARY
Purus expects to make significant
investments in continued technological
development as well as capacity expansion in
order to pursue market opportunities and
retain its leading position
Estimated CAPEX does not include
investments related to strategic cooperation
with CIMC ENRIC in China. Target is to sign
final JV agreement by Q4 2020
Cylinder capacity expansion in Kassel,
Germany to meet hydrogen light-duty and
transit demands. Capacity expansions in
North America and Northeast Asia are
primarily dependent on timing of customer
wins
Battery assembly capacity, automation and
testing as well as hydrogen system design
and capacity investments in Kelowna,
Canada
Investments in automation of cylinder
production and world-class manufacturing in
Kassel, Germany
TM
Facility upgrades in Kelowna, Canada to
support battery and hydrogen systems
production
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