Industry Leader in Lithium Battery Power Solutions for RV, Marine & More

Global Forklift Battery Market¹ $ billions e Future Market Expansion 360 Industrial Applications EXPION360 NASDAQ:XPON • We aim to provide additional capacities to the ever-expanding electric forklift and industrial material handling markets. 6.6% CAGR 2019-27 • Global forklift battery market to grow at 6.6% CAGR to ~$7.2 billion by 2026.1 . ⚫ Lithium-ion forklift batteries is the fastest growing market segment of forklift battery market.1 $4.6B SAS EPX3 $7.2B 19 20 21 22 23 24 25 26 Example potential Application (not actual) Example potential Application (not actual) 1) Research Dive report, July 2022. 20

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