Proterra Investor Presentation Deck slide image

Proterra Investor Presentation Deck

Commercial Vehicle Electrification is at an Inflection Point Growing Funding and Commitments Set the Stage for a Significant Increase in Demand in the U.S. and Europe Starting in 2022 $ in Million $84 $85 $0 FY18 $0 PROTERRA $130 Federal Funding Approved for Zero Emission Transit and School Buses $0 $182 $7 O FY19 FY20 FY21 ~$900 $829 FY22 © 2022 Proterra. All Rights Reserved. Gr $842 $844 HH FY23 SCHOOL BUS $845 $846 $500 $500 $500 $500 FY24 FY25 FY26 Federal zero emission transit bus funding ¹ Federal zero emission school bus funding 2 1. Federal Transit Administration 2. EPA's 2021 ARP Electric School Bus Rebates and Clean School Bus program 3. Represents % of new vehicle purchases 4. California Governor's Executive Order N-79-20 5. California's Advanced Clean Trucks rule; also adopted by MA, NJ, OR, and WA 6. New York Governor's New Advanced Clean Truck Rule U.S. Zero Emission Truck Mandates & Commitments ³ Europe Corporate PROTERRA California: 100% by 2045 4 (75% Class 4-8 by 2035) 5 New York: 100% by 2045 6 Federal fleet : 100% by 20357 13 countries8: 100% by 2040 | 30% by 2030 9 FedEx. 100% by 2030 | 50% by 2025 Express 70% by 2025 DHL- 7. President Biden's Executive Order 14057 8. At the COP26 UN Climate Change Conference of the Parties conference in Nov. 2021, 13 European countries pledged 100% zero-emission new truck and bus sales by 2040: Austria, Denmark, Finland, Luxembourg, Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay, and Wales 25 9. Represents examples of corporate fleets targeting zero emission vehicles; Proterra does not have a commercial relationship with either company; "FedEx Commits to Carbon Neutral Operations by 2040," March 3, 2021.
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