Allego Investor Presentation Deck

Investment Highlights 1 5 Allego> 2 Large and Rapidly Growing Total Addressable Market Growth in electric vehicles unlocks a significant addressable market, particularly for European charging Total TWh demand expected to grow ~8x by 2025 and ~30x by 2030¹ . • 4 3 Leading Pan-European Player with a Clear First Mover Advantage One of the largest European networks of chargers and a pan-European player Partnerships with municipalities, 65+ real estate owners, and 16+ OEMs • Secured backlog of premium sites provides intermediate visibility Strong Unit Economics Proven ability to generate significant returns from owned sites with expected >40% IRR and 3-4-year payback at site level without subsidies ● Market Leading Proprietary Technology Provides a Competitive Advantage Proprietary 100+ variable analytics and technology platform informs optimal location / network design and performance Operating software allows compatibility with all vehicle OEMs creating an optimized user experience ● Operations at owned sites produce high gross margins • 7.7% utilization rate² as of First Quarter 2022 versus 4.5% in the year-ago period Approximately 3% required for break-even gross profit, and ~6.5% for positive IRR . Attractive ESG Profile • Network running on 100% renewable energy • Enabled 414 million green km (~258 million miles) in 2021, thus avoiding approximately 59 million kilograms³ of CO2 emissions Source: Company information. (1) Management estimates (2) Utilization rate, a key performance measure, is referenced for ultra-fast chargers Assuming 140g/km. (3) t

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