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Investor Presentaiton

NET WORKING CAPITAL ESTIMATES (1) Total Inventory Balance ($MM) Receivables Balance ($MM) electriq power $31.1 $31.1 $29.9 $29.2 $26.9 $23.9 $19.5 $19.1 $26.0 $26.1 $24.8 $24.2 $11.9 $21.9 $18.9 $10.2 $14.5 $14.1 $8.4 $6.7 $4.8 $3.1 $5.0 Q1 23 $5.0 $5.0 $5.0 $5.0 $5.0 $5.0 Q2 23 Q3 23 Q4 23 Q1 24 Prepaid Expenses - Inventory Deposits Q2 24 â– Inventory Q3 24 $5.0 Q4 24 $0.3 Q1 23 $0.7 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Accounts Payable ($MM) Net Working Capital (2) ($MM) $12.8 $28.0 $26.9 $26.9 $24.0 $24.6 $22.3 $18.6 $6.8 $8.0 $8.5 $3.5 $3.6 $3.0 $3.6 $4.0 Q1 23 Q2 23 Q3 23 Q423 Q1 24 Q2 24 Q3 24 Q4 24 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 1. Estimates based on company projected financials. 2. Net Working Capital = Current Assets (excluding cash) less Current Liabilities, excluding intercompany balances. Strictly Confidential / Not for Redistribution 42
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