Allego SPAC Presentation Deck

Disclaimer CONFIDENTIAL Allego's business is subject to risks associated with the price of electricity and the cost of grid connection and capacity which may hamper its profitability and growth. Allego is dependent on the availability, supply and sufficiency of electricity at its current and future charging sites. Delays and/or other restrictions on the availability of electricity would adversely affect Allego's business and results of operations. Allego's public charging points are often located in areas that must be freely accessible and may be exposed to vandalism or misuse by customers or other individuals, which would increase Allego's replacement and maintenance costs. If Allego fails to offer high-quality support to its customers and fails to maintain the availability of its charging points, its business and reputation may suffer. Allego's EV driver base and services business will depend upon the effective operation of Allego's EV Cloud Platform and its applications with mobile service providers, firmware from hardware manufacturers, mobile operating systems, communication networks and standards that Allego does not control. Allego's business is dependent upon the hardware of third parties. Issues with the quality or safety of such hardware or any deficiencies with such third parties' quality and safety controls may affect the profitability and reputation of Allego. Expansion of Allego's operations may increase such risks. While Allego to date has not made material acquisitions, should it pursue acquisitions in the future, it would be subject to risks associated with acquisitions. If Allego is unable to attract and retain key employees and hire qualified management, technical, engineering and sales personnel, its ability to compete and successfully grow its business would be harmed. Allego is expanding operations in many countries in Europe, which will expose it to additional tax, compliance, market, local rules and other risks. Members of Allego's management have limited experience in operating a public company. Allego may need to raise additional funds or debt and these funds may not be available when needed. Allego's future revenue growth will depend in significant part on its ability to increase the number of its charging sites and the sales of services to business to business customers. Computer malware, viruses, ransomware, hacking, phishing attacks and similar disruptions could result in security and privacy breaches and interruption in service, which could harm Allego's business. New technology of alternative fuels may negatively impact the growth of EV market and thus the demand for Allego's charging stations and services. The EV charging market is characterized by rapid technological change, which requires Allego to continue develop new innovations of its software platform and to keep up with new hardware technologies. Any delays in such development could adversely affect market adoption of its solutions and Allego's financial results. Certain estimates of market opportunity and forecasts of market growth included in this Presentation may prove to be inaccurate. Allego may need to defend against intellectual property infringement or misappropriation claims, which may be time-consuming and expensive. Allego's business may be adversely affected if it is unable to protect its technology and intellectual property from unauthorized use by third parties. The current lack of international standards may lead to uncertainty, additional competition and further unexpected costs. Allego's technology could have undetected defects, errors or bugs in hardware or software which could reduce market adoption, damage its reputation with current or prospective customers, and/or expose it to product liability and other claims that could materially and adversely affect its business. Interruptions, delays in service or inability to increase capacity, including internationally, at third-party data center facilities could impair the use or functionality of Allego's operation, harm its business and subject it to liability. Allego expects to incur research and development costs and devote significant resources to developing new solutions and services, new technologies, which could significantly reduce its profitability and may never result in revenue to Allego. Allego may inaccurately forecast demand of its sites and may be unable to increase the demand of its public charging points network, which could adversely affect its profitability and growth. Allego's business will depend on the utilization of its network by EV drivers and the mobility service providers ("MSPS") to offer access to our network. If EV drivers do not continue to use our network or MSPs do not continue to offer access to our network, Allego's business and operating results will be adversely affected. Failure to effectively expand Allego's sites could harm its ability to increase revenue. allego 3

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