Hexagon Purus SPAC Presentation Deck slide image

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 m 2 3 4 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 1 2 3 4 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 32
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