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Investor Presentaiton

System Cost Reduction BALLARD Expected impact of BoP cost reduction Major BoP component (Air compressor, HRB, Humidifier, Coolant Pump) cost reduction based on partnerships with Tier 1 suppliers, leveraging bus and passenger car volumes Air Compressor Cost Reduction Other Stack BoP Humidifier BOP HRB Others >200 sub components Air Com +. Inverter Air Compressor Cost /kW XD 200kW FCmoveTM 100kW Truck 150kW Transition to D sample 74% Reduction FCmove TM 70kW -56% 10 100 1,000 10,000 System Volumes System cost breakdown based on 2020 FCmove 70 kW, low volume, including warranty. Other includes DL for assembly, VOH, Delivery Major BoP component costs expected to reduce by >70% as Tier 1's transition to 'series' production Power to Change the World 34
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