Investor Presentaiton

CEO Remarks - Market Conditions Infrastructure Investments American Rescue Plan Act $350 B for maintenance of essential infrastructure, such as sewer systems and streets Infrastructure Investment and Jobs Act ☐ $550 B earmarked for new investments in roads, bridges, power, water, and broadband infrastructure, public transportation, and airports $6.5 B for FEMA, including outdoor warning systems Electrification Showcased newest EV product offerings at recent trade shows $550 billion TRANSPORTATION $283.5 billion Roads, bridges, major projects $110 Passenger and freight rail $66 Public transit $39.2 Airports $25 Ports and waterways $17.3 Safety and research $11 Infrastructure for $15 electric, zero-emission and low-emission wehicles $239 billion OTHER INFRASTRUCTURE Power $73 infrastructure, including grid authority $65 Broadband infrastructure Water $55 infrastructure Resiliency, $46 cybersecurity, ecosystem restoration $27.5 Sources: The White House, POLITICO report by Marianne Levine and Burgess Everett Global demand for lithium-ion Other programs • Growing demand for lithium-ion batteries expected to batteries will be over 3,100 GWh benefit metal extraction industry in 2030 Market demand for LiB by application [in GWh] Global announced capacity: approx 4.2 TWh ם ZERO EMISSION 100% ELECTRIC Broom Bear ELGIN FEDERAL SIGNAL Outdoor Warning 717 363 213 2019 2021 2023 1,327 2025 Sources: Avicenne, Fraunhofer, IHS Markit, Interviews with market participants, Roland Berger CAGR 2019-2030 3,127 Consumer 82 Electronics & 5.5% 175 Others 32.7% 570 Energy Storage 30.3% Systems 2,208 Commercial Vehicles 29.9% 2300 Passenger Transportation 2028 2030 9

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