Energy Vault SPAC Presentation Deck

Q4 2021 to Q2 2022 Key Customer Deployments Under Discussion 7 customer projects projected to reach NTP over the next 12 months underpinned by executed agreements or letters of intent with 8 customers representing 1,223 MWh and $368 million in potential sales, and advanced commercial proposals with 21 additional customers D Large US Utility Provider Site: NTP: COD Global Independent Power Producer Site: NTP: COD USA Q4 2021 Q1 2023 ENERGY VAULT Brazil Q4 2021 Q4 2022 Q4 2021 T Novus Capital Corporation II A Global Renewable Independent Power Producer Site: NTP: COD USA Q1 2022 Q2 2023 I Q1 2022 Publically Traded Italian Utility Company Site: NTP: COD Site: NTP: COD Top 5 Global Energy and Chemical Producer KSA Q1 2022 Q2 2023 Italy Q2 2022 Q2 2023 ENERGY VAULT, INC. ALL RIGHTS RESERVED I Q2 2022 Global Renewable Independent Power Producer India Q2 2022 Q3 2023 Site: NTP: COD International Energy Services Company Australia Q2 2022 Q3 2023 Site: NTP: COD 36 Enabling a Renewable World

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