Enovix SPAC Presentation Deck

17 Silicon Anode Approaches Today Silicon Content Today Energy Density Improvement Commercially Available Designed for Low-Cost Silicon MINIMAL SILICON Panasonic® LG Chem LOW (3-7%) ¹ LOW TODAY YES STRUCTURALLY ENGINEERED SILICON Multiple Companies MEDIUM-HIGH LOW ³-MEDIUM ? NO ¹UBS Global Research, May 2021 2 100% of the active material that is cycling is silicon 3 Including External Constraint 4 Projected 100% ACTIVE SILICON² enovix HIGH HIGH 20224 YES ENOVIX

View entire presentation