Allego Results Presentation Deck slide image

Allego Results Presentation Deck

Investment Highlights 1 6 2 5 Allego> Large and Rapidly Growing Total Addressable Market • Growth in EVs unlocks a significant addressable market, particularly in Europe Total TWh demand expected to grow -8x by 2025 and >20x by 2030¹ 3 4 Leading Pan-European Player with a Clear First Mover Advantage One of the largest European public fast charging networks with a pan-European presence Partnerships with 16+ OEMs and 65+ real estate owners Market Leading Proprietary Technology Provides a Competitive Advantage Unique technology platform with 100+ variable analytics informs optimal location/network design and performance Proprietary software allows compatibility with all OEMs creating an optimized user experience ● (1) (2) Strong Unit Economics Proven ability to generate superior returns with expected >40% IRR and 3-4-year payback at site level without subsidies Operations at owned sites produce highly attractive gross margins Energy management enables us to effectively address price inflation • 7.7% utilization rate² during 1Q2022 versus 4.5% during the same period in 2021 • -3% utilization rate required for break-even gross profit, and -6.5% for positive IRR Business Model Underpinned by High Revenue Visibility and Financial Discipline • Secured backlog of 1,100 premium sites provides superior visibility Disciplined investment policy with focus on premium locations (3) ● Attractive ESG Profile • Network running 100% on renewable energy • Enabled (250+ million miles) in 2021, thus avoiding -59 million kg³ of CO2 emissions Source: Company information. BNEF Utilization rate, a key performance measure, is defined as the number of charging sessions per charge point per day divided by a maximum number of charging sessions per charger per day of 50 (for the ultra-fast charging pole). Assuming 140g/km. 8
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