Shoals Results Presentation Deck

ORDER BOOK CONTINUES TO GROW First quarter quotes up [162]% year- over-year Backlog and awarded orders up [67]% from first quarter 2021 (1) Backlog defined as signed purchase orders and take or pay contracts with volume commitments. Awarded orders defined as orders where we are in the process of documenting a contract but for which a contract has not yet been signed. shoals Backlog and Awarded Orders as of Mar 31st ($mm)(¹) © 2022 Shoals Technologies Group $181 2021 +67% $302 2022 36

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