Investor Presentaiton

EVgo: Current Snapshot of a Pure Play Market Leader EVgo's Market Leading Position 800+ #1 in DC Fast Charging Sites ~1,400+ Current DC Fast Chargers 2,750 gm DC Fast Chargers to be added under GM contract (3) Only charge partner Engaged by multiple OEMS to build out DCFC network 100% Renewable energy powered 48% % EVgo DC Fast Charger Site Direct Margin YTD 2020 45% Y-o-Y Retail throughput growth (2) 50% Retail DC market share(1) 220,000+ Active Customers 34 states 68 major metropolitan areas 83% Californians within 10 Miles of EVgo charger 41% Americans within 10 Miles of EVgo charger Source: Company estimates, PlugShare. 1) 23 Based on company estimates of 2020E kWh market share, excluding Tesla. EVgo has 34% market share of urban DC Fast Chargers based on Plugshare public DC Fast Chargers with capacity greater than or equal to 44 kW, including non-networked chargers and excluding Tesla Superchargers captive to Tesla EVs, as of 9/30/20. "Urban" includes ATL, BAL, BOS, CHI, DC, DEN, DFW, HOU, LA, MIA, NYC, PHIL, PORT, SAN, SD, SEA, SFBA. 2) Jan 2020 vs Jan 2019 - last pre-COVID month for comparison. 3) By 2027, EVgo expects to have built over 16,000 DC fast chargers, inclusive of GM build out. EVgo 7

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