ads-tec Energy SPAC Presentation Deck

Trading multiples - EV / EBITDA EV/EBITDA 2024E (1) At post-money EV: $356m 6.3x adstec -chargepoin+ 154.1x EV/EBITDA 2025E (1) At post-money EV: $356m 2.7x 79.4x 12.9x u/d EVBOX VOLTA u/d EVBOX 5.6x 43.2x VOLTA EVgo FAST CHARGING 13.4x EVgo FAST CHARGING 56.4x wallbox 12.0x 10.1x wallbox TRITIUM 6.3x 15.3x TRITIUM 31.4x 13.6x 17.1x Other listed EV focused energy Stationary EV charging storage solutions(2) clean-tech 30.4x adstec -chargepoin+ Sources: Company information, CapIQ as per 29/07/2021 Notes: (1) Implied trading multiples based on current share price and financial metrics from investor presentations (EVBox, Volta, Wallbox, Tritium). For ChargePoint consensus broker estimates used. Median multiples used for Other listed EV charging players, Stationary clean-tech, EV focused energy storage solutions and EV OEMs; (2) Based on FY23 median multiples; (3) Peer average excludes ChargePoint; (4) Excludes Blink Charging and FY24 multiples for Compleo and Fastned due to unavailability datapoints in FY25; (5) Median FY24 multiples used. 13.5x Peer average (3): 27.3x Peer median: 24.2x Other listed EV focused energy Stationary EV charging storage solutions(5) clean-tech 32.0x EV OEMs Peer average (3): 15.0x Peer median: 13.4x 25.3x EV OEMs adstec 38 Energy

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