Hyzon SPAC Presentation Deck

Comparison of Global Fuel Cell Truck Deployments FUEL CELL COMMERCIAL VEHICLES DELIVERED BY END OF 2020 FUEL CELL COMMERCIAL VEHICLES TO BE DEPLOYED BY END OF 2023 ■ Number of Fuel Cell Commercial Vehicles Delivered and Projected to be Delivered by 2023 H HONDA ■ Technologies HYZON ~500¹ 5,000² NIKOLA MOTOR COMPANY 0 2,000 HYUNDAI Hyzon's parent company and partners have delivered approximately 500 fuel cell commercial vehicles as of the end of 2020 Nikola has pushed back its delivery schedule from 2021 to 2023 and the company's pre-orders are cancellable with no payment commitment from customers 10s 2,000 TOYOTA 10s No public info KENWORTH 0 OPERATIONS No public info ISUZU 0 No public info VOLVO DAIMLER Hyundai announced plans to deliver 2,000 fuel cell trucks in Europe through 2025 No public info Toyota, in collaboration with Kenworth has approximately 10 trucks in the US, as well as a small number of fuel cell buses 0 HYZON IS YEARS AHEAD OF COMPETITION ON FUEL CELL TRUCK EXPERIENCE Source: Publicly available information. Most of the commercial vehicles were powered by Horizon fuel cell systems, integrated and delivered by third party OEMs. 2 Customers at various stages of contract negotiations, not all subject to binding purchases. HYZON | DCRB+ 31

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