Stem SPAC Presentation Deck

stem Strong Balance Sheet Drives Rapid Expansion Net Cash Available for Growth ~$525MM Debt on Balance Sheet $0 (1) (1) Pro forma for transaction. Balance Sheet Strength Supports credit requirements to convert large projects in pipeline Supply Chain Savings Capital to further reduce cost structure with OEMs Geographic Expansion Expansion into rapidly growing international markets with new and existing partners Confidential 22 Athena Expansion & Tech Acquisitions Product development to further extend Athena Al leadership position and accelerate roadmap Joint Venture Opportunities Capture enhanced economics

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