View SPAC Presentation Deck

Factory economies of scale Fixed costs: labor, overhead, depreciation Capacity utilization Automation Labor productivity COGS/SF Indexed to 2020 100% 33 0% 2020(E) 2021(E) Fixed Costs/SF 2022(E) Variable Costs/SF Variable costs: materials, freight, warranty Product standardization Improved factory yield Purchasing efficiencies ● ● 2023(E) Total Costs/SF 2024(E) Gross Margin (%) 59% Gross Margin 2025 2025(E) 100% 75% 50% 25% 0% view

View entire presentation