Investor Presentaiton

VALUATION AND OPERATIONAL BENCHMARKING EV / FY 2024 Revenue $367 3.5x ELECTRIQ POWER $700,166 $25,464 $16,152 6.6x 5.4x Enterprise Value ($mm) $14,217 $8,418 $8,361 Mean: 4.3x 5.4x 3.2x 1.9x Median: 4.8x 8.2x electriq power $4,218 $2,071 $1,281 $95 6.0x 1.5x 0.9x 4.3x T e solaredge ՏՍՈՐՍՈ GENERAC Sunnova shoals SUNPOWER stem NEOVOLTA INVENTING SIMPLE EXPHASE FY 2024/FY 2023 Revenue Growth 429% Mean: 47% Median: 25% 42% 29% 26% 23% 22% 9% 6% 256% 37%- 13% CLCCTRIQ T sollaredge ՏՍՈՐՍՈ GENERAC Sunnova shoals SUNPOWER stem NEOVOLTA ENTHASE INVENTING SIMPLE POWER 1. Source: Electriq company projected financials, public company filings, Capital IQ as of 5/31/2023. Strictly Confidential / Not for Redistribution 34

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