Dragonfly Energy SPAC Presentation Deck

Dragonfly's Industry Leading Business BATTLE BORN BATTERIES ■ ■ Incorporated in 2012 Headquartered in Reno, Nevada ▪ >150 employees Source: Dragonfly Energy. As of Q1 2022. (1) (2) (3) (5) $78 Million 2021 Revenue >175K Batteries Sold Since 2018(¹) Profitability defined as positive Adjusted EBITDA. DTC denotes Direct to Consumer. 17 Quarters of Profitability(¹)(2) >20x DTC (3) Customer Growth since 2017 (¹) dragonfly ENERGY ~160% OEM (4) Revenue CAGR since 2018 (1¹) >35 Granted and Pending Patents(¹) >$500 Million Manufacturing Sales Capacity (5) OEM denotes Original Equipment Manufacturer. Based on Company's estimated manufacturing capacity after planned expansion. CONFIDENTIAL | 14

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