Allego Investor Presentation Deck

Sustainability is a Key Driver for Change in the Automotive Industry Sustainability Transformation Drivers Public Perception ■ Customers demand genuine ESG¹ actions ■ Employer brand to meet ESG talent expectations ■ Higher transparency on social responsibility along supply chain, e.g., for battery materials 73% of customers want to change their mobility behavior to lower CO2 emissions 86% of employees prefer to work for firms that care about the same issues they do Allego> Regulation ■ EU taxonomy and ESG reporting standards ■ Compliance system to fulfil new regulations, e.g., on cybersecurity Recalibration of KPI systems to ESG topics, e.g., for executive pay 41% Ø Zero Emission Vehicle sales required for CO₂ compliance in 2030 Nr.1 barrier to ESG effectiveness is the lack of reporting standards Environment, Social and Governance. CO₂ ht Net Zero Pathway ■ Portfolio shift towards sustainable vehicles ■ Invest balance of "old" (e.g., EURO7) vs. "new" tech (e.g., cell production) ■ Decarbonization of full product lifecycle including supply chain €1T EU Green Deal funding, of which sustainable mobility is a central pillar Source: PwC and Strategy& analysis. (1) (2) Morningstar-European sustainable fund flows 1Q 2021. 55% reduction in passenger car emissions by 2030 (EU Green Deal) Capital Markets ■ Booming demand for ESG investment classes ■ Growing relevance of top ESG rating positions ■ Maturing ESG investor reporting and changing OEM equity story €120bn All-time high inflows in 1Q21 for EU sustainable funds²) (plus 18% vs. 1Q20) 6/10 of best-performing funds in EU were related to ESG in 102021 CASE Implications More holistic view on ESG forces players to re-evaluate measures From drivetrain to cyber/data Connected: Emission reductions via predictive driving/analytics, but pressure on sustainable high-tech production ■Autonomous: Emission efficiency via optimized driving, but growing energy consumption for large amounts of data computing ■ Smart: Environmental benefits from multi-mode mobility, but overall higher mobility demand as urban populations gain wealth ■ Electric: Zero emission vehicles, but need for sustainable battery production and recycling 16

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