Hexagon Purus Results Presentation Deck

28 Strong public support and regulatory push in core markets creates a strong foundation for future growth in Hexagon Purus' core markets EU ramping up renewable investments to EUR 210bn by 2027 through RePowerEU European Union ramping up its effort to increase hydrogen production to decarbonize and create energy independence... TOTAL OF EUR 210 BILLION TO BE INVESTED BY 2027 Q1 2022 LOW INT ... and the US Senate passes bill earmarking-USD 370bn for climate and clean energy initiatives to reduce emissions and improve energy security THE AND AND TO 400OF SOLAR HEXAGON PURUS A Q2 2022 Energe Secunty and Climate Changements part of the station Reduction Act wipit the US on a pathto roughly 40% amons reduction by -------- SAND 27 CC at 1000 vagas Purse SUPPORT RURAL co T Creation of EU's Hydrogen Bank to facilitate supply and demand as market maker AGAFOR ORATION AND ARE Strong hydrogen legislative push in Europe... F 2 Cardbeg EUROPEAN HYDROGEN BANK On 14 September 2022, Ursula von der Leyen announced the creation of the European Hydrogen U.S. earmarking USD 370bn to clean energy initiatives through Inflation Reduction Act This is a EUR be initiative that will guant the purchase of hydrogen and act as a mark hydrogen bridging the gap between inventand future supply demand HEXAGON 33 66 Q3 2022 ...and the US... FUNDING OF CLEAN HYDROGEN PROJECTS E On 24 September 2002, the US launched a USD 7hn program to creste regional clean fydges habe H2Hubs) across the country The Hubs will create networks of hydrogen producers, consumers and infrastructure-all while supporting net-zero carbon emissions by 2050 HEXAGON Launch of the European Green Deal as response to U.S.' Inflation Reduction Act U.S. funding regional clean hydrogen hubs creating networks for producers and consumers European Commission launches the Green Deal Industrial Plan for Europe THE GREEN DEAL INDUSTRIAL PLAN Speeding up the conf watch Q4 2022 With the Green Deal Industrial Plas the European Commission wil promote the creation of more supportive event for deploying the dean tech manufacturing capacity required to het Europe's ambitious green targets 1ST FEBRUARY 2023 ANPORTANT PECE IN EU'S OVERALL MAN 2004 the ZEV truck sales ('000) Mn. ZEV % of new class 4-8 trucks sold SV 143 THE GREEN DEAL NUMBER OF CLASS 4-8 ZEV TRUCKS EXPECTED IN CARB STATES Approximately 30 diesel trucks sold in CARB states in 20122, and the below graph conservatively assuming a flat sales growth going forward BY HI 2028 & N 2029 Advanced Clean Truck and Advanced Clean Fleet regulations create demand certainty for zero emission trucks in the US KEY ANNOUNCED MANCH 3023 Domestic capacity of leat and of the nation of 2045 FUR som are dedicated to the first Hydrogen Q1 2023 MAIN OBJECTIVE Zak.dgtskom HEXAGON MEAN CARB RULING IN BRET CARE has introduced a regulation for truck manufacturers (Advanced Clean Truck standar and more recently, regulation for flaw standang ming to and accelerate the adoption of ZEV The truckmanufacturers and feet owners are required to have an incrementally higher ZEV content when saling or operating a fleet of trucks in Califomis from 2024 onward In example, the Advanced Clean Truck standard Starting from the 2004 model year 9% of all cle 4-8 truck old to be zero-massion, ring 100% in 2030 100% of commercial bucks and vans sold to be o emission by 2045 HEXAGON Advanced Clean Fleet Regulations creating demand certainty for zero emission trucks Deep dive to follow EU targets to increase hydrogen refueling and EV charging infrastructure The Alternative Fuel Infrastructure Regulation in Europe targets to increase hydrogen refueling and EV charging infrastructure ALTERNATIVE FUEL INFRASTRUCTURE REGULATION (AFIR) Sets mandatory deployment targets for electric vehicle changing and Shydrogen refueling infrastructure along the TEN-T network in Europe **********‒‒‒‒‒‒‒‒‒‒‒‒‒ TRANS-EUROPEAN TRANSPORT NETWORK (TEN-T) The TEN-T is planned network of roads, railways, airports and water infrastructure in Europe **************** HYDROGEN REFUELING INFRASTRUCTURE Refueling stations serving both light and heavy-duty vehicles must be deployed in all urban nodes and every 200km along the TEN-T by 2030 **************** BATTERY CHARGING INFRASTRUCTURE infrastructure for +350 recharging of heavy-duty every 60km along the comeng and every mang the com FUNDING Each EU member state cities and regions are responsible for providing incentives and grants to accelerate the deployment of the infrastructure *FIT FOR S The Atamative Fuat infrastructure Regulation is part of the "fors package targeting at least 55% reduction in GHG emissions by 2030 ********* Q2 2023 MAP OF THE EUROPEAN TEN-T NETWORK TEN-T RULING AND CHARGING FRASTRUCTURE B Hydrogen HEXAGON Q3 2023 Deep dive to follow In July, the U.S. DoE announced its intention to invest up to USD 1bn to support demand for hydrogen as part of the H2Hubs program Source: Financial Times, Senate Democrats Summary of Energy Security and Climate Change Investments in the Inflation Reduction Act of 2022, Hydrogen Central, U.S. Department of Energy, REPowerEU with Clean Energy Fact Sheet and Financing REPowerEU, European Commission, California Air Resources Board and NADA.org, Council of the EU and H2-view.com BACKGROUND use of Energy and its intern to USD 1ton in a demand side inve pport the Regional Can Hydrogen Hubs program The gets to ensure beth producers and and in the betwee the markanty demand side they need to unlock privin and the full potential of clean hydrog Achaving comma claan hydrogenera anglong tem decadenitation REGIONAL CLEAN HYDROGEN HUBS PROGRAM The Real clean hedregen hubs (2) USD gramate regional en hyg for prodation instructure and con will help form the foundation of a national hydrogen valoducing man from industrial and chemesl processes and heavy-duty on Region/pects selected for award negotiations will HEXAGON Invest of up to USD 1bn to support demand of hydrogen as part of H2Hubs program HEXAGON PURUS

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