Navitas SPAC Presentation Deck

GaN ICs Deliver High Value & Reliability At Low Cost GaN ICs Integrate Drive, Control and Protection (1) Efficiency 95% 90% 85% Silicon O Navitas Semiconductor 2021 100kHz GaN Discrete FOR Discrete GaN Up to 100x faster Shrink size, weight & cost 1MHz Speed (Frequency)(3) # GầN IC N Navitas GaNFast Power GaN Power IC Navitas Up to 5x Energy Savings 10MHz ■ 3x smaller footprint ▪ 20% energy savings ■ 3x fewer components ▪ 20% lower component costs (1) Navitas estimate for typical 150W Power Adapter (PFC circuit). Discrete GaN is Unprotected GaN(2) 2 V Ringing Happy new years late Discrete Driver & Discrete FET GaN Power IC 126 ppm VGS (2) Based on Navitas actual in-circuit measurements of Si and GaN under the same application conditions. VGS (3) Navitas estimate based on typical silicon-based 65 kHz frequency compared with GaN switching frequency of 20MHz measured in Navitas labs. Reliability (4) (Predicted Failure Rate) GaN Discrete www. 4V Ringing Navitas Excessive voltage stress degrades reliability and risks failure >100x Improved Reliability 0.1 ppm GẦN IC (4) Vgs failure distribution based on Navitas internal characterization of Discrete GaN Transistors compared to GaN power ICs. 8

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