Advent SPAC Presentation Deck

Well-Established Global Policy Support for Fuel Cells Long-term Market Trends (Deloitte / Ballard report) Item Details Hydrogen Refueling Stations - 2030 targets Publicly-announced FCEV targets in 2030 by country Selected Targets by Company US State Level - Ambitious Targets Other Trends • US: 7,100 EU: 3,700 . Favorable global policies are just one of the tailwinds driving the growth of the global Hydrogen Economy ● Japan: 900 China: 500 (trebled capacity in 2019) US 5.3 million Japan 0.8 million (passenger vehicles) Europe 3.7 million FCEVs by 2030 and in addition 0.5m fuel cell LCVs, 45,000 fuel cell trucks & buses Hyundai targeting 500,000 FCEVS on the road in 2030 Toyota targeting 30,000 FCEV sales annually from 2020 onwards • California alone is targeting 1 million FCEVs and 1,000 refueling stations in 2030 Participants of the Hydrogen Energy Ministerial (global clean energy forum involving all major nations including China, India, USA, Japan, Korea, Germany, France, UK, Brazil, Canada and Australia) signed up to a global target of 10,000,000 FCEVS on the road by 2030 • EU target of 32% replacement of natural gas for heating with hydrogen by 2040 Japan is the leader in stationary CHP fuel cells - 20,000 deployed to date; and in FCEV's - Toyota Mirai launched in 2014 www.advent.energy AMCI ADVENT Acquisition Corp. 42

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