Zapp's DFM for Electrification Opportunity in the Two-Wheeler EV Market

Manufacturing Capacity Enabled by Contract Manufacturing and Receivables Financing Basis 5,380 1 Summit Capacity Expansion 2023 2024 2025 2026 Roll-Out for Zapp Factory Floor Space (ft²) Assembly line 53,800 107,600 215,200 6 10 10 Manpower Type of Process 14 42 65 80 Fully Manual Process Partially Automated Process Capacity per year 10,000 100,000 200,000 300,000 Partnership with Summit Allows Capital Efficient Manufacturing and we are SOP Ready Note: Annual capacity figures do not represent the company's projections. 26

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