EVBox SPAC Presentation Deck

Rapid Electric Vehicle Growth Europe US 4,021 1,648 2,373 Total Expected Cumulative EV Sales Thousands of Electric Vehicles¹ 2020 5,001 1,903 3,098 2021 6,571 2,302 4,269 2022 8,736 2,929 5,807 2023 11,456 3,780 7,676 2024 14,820 4,921 9,899 2025 CAGR % (20-25) 24% 33% Annual European EV Sales Needed to Meet EU's '25-'30 CO2 Emission Reduction Targets Thousands of EVs Sold Per Year² BEV+PHEV fleet need to achieve proposed 60% CO2 reduction target BEV+PHEV fleet need to achieve current 40% CO2 reduction target Current European EV Sales Forecast 450 2020 TPG PACE BENEFICIAL FINANCE CORP. 28x 19x 13x 12,552 4,184 2,453 5,915 EVBOX GROUP 2030 EV sales forecasts will not be sufficient to meet existing EU 40% CO2 reduction targets. Proposed expansion of CO2 reduction target to 60% would require EV sales to increase more than 28x current sales Electric vehicle sales are expected to grow rapidly over the next decade in both Europe and the United States 1. Source: Bloomberg NEF, includes BEVs and PHEVs. 2. Source: Bloomberg NEF, Nomura Greentech. Includes BEVs and PHEVs and assumes that incremental 2030 sales required to meet CO2 targets assuming the same BEV/PHEV ratio as Bloomberg NEF projections. Potential increase through future regulation is based on a proposed amendment to the EU's 2030 climate targets to increase the targeted emission reduction to 60%, up from 40% currently. TPG 20

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