Advent SPAC Presentation Deck

More Countries are Looking to Phase Out Internal Combustion Engines ("ICE") Country Austria Britain California (U.S.) China Denmark France Germany India Ireland Israel Japan Netherlands Norway Portugal Scotland South Korea Spain Taiwan Source: The Climate Center. 17 countries have taken varying types of action, from soft targets to strong commitments, to phase out ICE vehicles and increase the number of EVs Action Announced No new ICE vehicles sold after 2020 No new ICE vehicles sold after 2040 No new ICE vehicles sold after 2035 End production and sales of ICE vehicles by 2040 5,000 EVs on the road by 2019, tax incentives in place No new ICE vehicles sold after 2040 No registration of ICE vehicles by 2030 (passed by legislature) No new ICE vehicles sold after 2030 No new ICE vehicles sold after 2030 No new ICE vehicle imports after 2030 Incentives program in place for EV sales No new ICE vehicles sold after 2030 Incentives program in place for EV sales Official target and incentives in place for EV sales No new ICE vehicles sold after 2032 EVS account for 30% of auto sales by 2020 Official target and incentives in place for EV sales Phase out of fuel-powered motorcycles by 2035 and fuel-powered vehicles by 2040 www.advent.energy Date Announced 2016 2017 2020 2017 Since 2008 2017 2016 2017 2017 2018 Since 1996 2017 Since 1990 Since 2010 2017 2016 2017 2017 AMCI ADVENT Acquisition Corp. 43

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