Allego Results Presentation Deck

Q3 2023 Highlights Financial Highlights > Revenue of €28.6 million (+28.2% y-o-y). Charging revenue rose 53.0% y-o-y, benefitting from greater utilization rates, premium pricing on ultra-fast and fast-chargers and an increase in energy sold. Service revenue decreased 16.5% y-o-y, driven by the shift away from the Carrefour project. I > Total energy sold was 47.8 GWh, a 29.2% growth from the prior-year period. > Average utilization rate¹ increased to 12.8%, an 11.3% improvement compared to 2022. > Total number of charging sessions increased 21.0% y-o-y to 2.6 million. > Net loss was €(43.1) million vs. €(22.1) million in the prior year period. > Operational EBITDA was €2.6 million vs. €(3.1) million in the prior year period Select Key Highlights > Partnered with fueling company Go'on to install 168 fast charging ports with exclusive access to all 185 of Go'on's currently existing stations across Denmark. > Signed two long-term, competitively priced power purchase agreements (PPAs) totaling 100 gigawatt hours (GWh) of energy per year with Energy Solutions Group. > Exceeded 1 million charging sessions in the month of October 2023 across entire network. > Received a tender from the German Ministry of Transport as part of the Deutschlandnetz initiative to commission 48 new locations with high-power chargers. > Opened first station in Spain that is situated within a medical district adjacent to a major highway, a strategic location. > Exchanged and redeemed all outstanding warrants, streamlining the capital structure. Source. Company information. Financial Information is unaudited. 1. Utilization rate, a key performance measure for the ultra-fast charging pole, is defined as the number of charging sessions per charger per day divided by a maximum number of charging sessions per day of 50 sessions. 4 Allego

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