Eos Energy Results Presentation Deck
Commercial Pipeline & Orders Backlog
Current Commercial Activity
Total current pipeline increased $1.9B vs. Q2 '23
Lead Generation
$13B
-44 GWh
$2.2B vs. Q2 '23
✓ Feasibility study
✓ Develop project plan
✓ Monitor regulations
1
(1) Numbers shown as of 9/30/2023
16
(2) Numbers shown as of 10/4/2023 with new LOI signed
Note: Numbers are rounded
Current Pipeline - $11.6B
Active proposals
$1.6B
~6 GWh
Technical
proposal
$1.9B vs. Q2 '23
$8.4B
~30 GWh
Non-binding
quote
✓ Clear project requirements
✔ Gather customer specs
✓ Analyze use cases
✓ Commercial & technical proposal
1
LOI / Firm commitments
$1.5B/
-7 GWh / (~8 GWh)
vs Q2 '23; project moved to backlog
✓ Finalize commercial terms
✓ Contract negotiation
✓ Letter of intent
✓ Open closing conditions
2
Customer next steps
+ Acquire land rights
+ Negotiate financing
+ Establish interconnections
Backlog
1
$538.8M
~2 GWh
✓ Binding agreement
✔ Open closing conditions
✓ Purchase orders and/or MSA with
down payment
Eos next steps
+ Manufacture batteries
+ Ship and install system
+ Monitor performance
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