Electriq Power - Sustainable Community Networks Overview

SCN MILESTONES AND REVENUE LIFECYCLE Electriq has revenue visibility over the next two (2) quarters Milestone Description Revenue Recognition Cashflow Timeline Milestone 1 (PPA Signed) Milestone 2A (System Installed) Milestone 2B (System Inspected) Milestone 3 (PTO Granted) Revenue Recognition Cashflow electriq power Milestone 1 Milestone 2A Milestone 2B Milestone 3 PPA Signed System Installed 70% System Inspected 20% Permission to Operate (PTO) Granted 10% 20% 50% 20% 10% 2-6 Months after PPA Signed 1 Month after System Installed 1 Month after System Inspected Month 0 Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 20% 70% 20% 10% 50% 20% 10% Strictly Confidential / Not for Redistribution 10

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