EVBox SPAC Presentation Deck
Investment Highlights
Market Leader
With a Defensible
Moat
Robust Industry
Tailwinds
Platform
With Attractive
Economics
Geographic
Expansion
Opportunities
Attractive, Fully
Funded Business
Model
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Leading provider of charging solutions with a proven track record of executing growth
Founded in the Netherlands, the leading country in EV charging
190,000 charge ports delivered to date, the most of any company
Interoperable software platform delivered as a service enables customers to share in the monetization of their
charging infrastructure
Significant structural tailwinds as EV adoption continues to accelerate in European and North American markets
Auto OEMs have announced more than $200B of planned investment into new EV models and production
capacity
$280B of EV charging infrastructure investment expected between 2020 and 2030 in Europe and US alone¹
Complete and differentiated product portfolio providing end-to-end solutions for all segments of the charging
eco-system
Market leading cloud-based software platform with high attachment rates and line of sight to substantial recurring
revenues from software subscriptions, services and transaction fees
Asset-light model focused on sale of hardware, software and services
Mastered complex European roll-out across 44 countries; Proven expertise will benefit continued geographic
expansion
Actively expanding in the United States, recently released new products specifically for the US market
Established dedicated US sales force and manufacturing facility in Illinois
Strategic partnership with Engie will help accelerate growth and facilitate entry into other markets
Fully funded business plan with targeted $425mm on the Balance Sheet²
Attractive Valuation representing 6.7x projected 2021 Revenue and 3.6x projected 2022 Revenue
Expected EBITDA breakeven by 2023
2018: Software
platform relaunched
as Everon
TPG PACE BENEFICIAL FINANCE CORP.
2017: EVBox
acquired by
ENGIE
€ 10
Annual Revenue
€ in millions
2015A
€ 12
2016A
€ 14
2017A
€ 26
2018A
€ 60
EVBOX
GROUP
2019A
€ 70
2020E
€ 120
2021E
€ 225
2022E
EVBox is the leading EV charging platform, servicing a market that is poised for explosive growth as automotive sales
continue to shift away from internal combustion engines
Note: Projections are TPG Pace Estimates. Historical financial metrics are shown on a Dutch GAAP basis while forward projections are shown on a U.S. GAAP basis. With respect to projections and historical financials see page 2 "Use of Projections" and "Historical Dutch GAAP numbers
and US GAAP Audit" under "Important Information" and page 60 "Note on Historical Financial Statements"
1. Source: Bloomberg NEF.
2. Assumes no redemptions by SPAC holders in business combination.
TPG
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