Nuvve SPAC Presentation Deck

Bi-directional is the Solution EV Industry Uni-directional High volatility Unconnected to grid Heavy uncontrolled loads Increasing regulatory mandates High cost of batteries/ownership e Kuanba Nuvve Copyright © 2020. All Rights Reserved. Vehicle-Grid Integration Bi-directional Stabilization of renewables Access to energy markets Demand/supply matching Virtualization of assets Smart battery management Low volatility w/ Nuvve 9 ||||| Power Industry Transition to distributed power High volatility Increasing renewables Little virtualization of assets Increasing load from EVs Based on fixed assets NUVVE

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