Nuvve's Platform And Services

Historical and Projected P&L PROJECTION ACTUALS(1) 2020 ($ in 'ooos) 2017 2018 2019 YTD(2) Low High 2021 2022 Revenue $720 $1,519 $3,482 $2,999 $5,000 $6,000 $32,300 $93,400 COGS $383 $532 $1,441 $477 $1,535 $2,244 $17,700 $45,700 Gross Profit $337 $988 $2,041 $2,522 $3,465 $3,756 $14,600 $47,700 Operating Income (Loss) ($2,915) ($7,867) ($5,885) ($2,449) ($3,206) ($2,915) $3,200 $25,400 (1) 2017 and 2018 are audited statements; 2019 and YTD are unaudited (2) YTD includes 1/1/20 - 9/30/20 Nuvve Copyright © 2020. All Rights Reserved. 26 NUVVE

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