Enovix SPAC Presentation Deck

6 Validation from Category-Leading Customers $13B Mobile Computing Battery Market 2025E Li-Ion Batteries TAM (Mobile Communications, Wearables, Computing, AR/VR) $881 M $292M $1.17B Revenue Funnel Potential Value of Full Production Year for all Projects Engaged Opportunities Engaged customer has determined that our battery is applicable to their product and is evaluating our technology. Active Designs + Design Wins Active Design: Customer completed technology evaluation; identified end-product; begun design work. Design Win: Customer has funded a custom battery design or is qualifying standard battery for a formally approved product that will use an Enovix 3D cell. EnoVix

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