California Quarterly Report Summary Q2 2021

August 2021

Introducing Electrify America

Largest and most powerful open fast DC charging network in the U.S.

Investing $2 billion over 10 years in ZEV infrastructure, education and access

Expecting to install or have under development approximately 800 total charging stations with about 3,500 ultra-fast chargers by December 2021

Overseeing multi-million dollar marketing campaigns to raise consumer awareness of electric vehicles

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Electrify America opened new public charging stations at a pace of approximately one station every five days in Q2

Electrify America’s commissioned DC fast charging stations in California rose from 175 to 192 during the quarter

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Cumulative DC Fast Charging Stations by Month

Q2 Start

At the end of Q2 2021, Electrify America had opened 192 DC fast charging stations in California

261 stations with permits submitted

240 stations with permits

complete/in construction

217 stations construction complete

192 stations commissioned

47% DAC/LIC

49% DAC/LIC

50% DAC/LIC

52% DAC/LIC

4

Permit Submitted

Permit Complete/In Construction

Construction Complete

Commissioned

Understanding California’s challenges is the key to tackling them

Remaining challenges in California include soft costs, permitting and utility interconnection timeframes

Average Utility Interconnection Timeframe

California Average Station Cost

3934%Higher than National California

National

79

35 days

Standard EA scheduled duration for permitting

Weeks

Permitting Duration (Business Days)

62

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Solar-powered charging stations and investment

• 30 charging stations open, predominantly in rural California

• Electrify America working in collaboration with Fresno County Rural Agency and Beam Global to place EV ARCTM

stations in accessible public locations

• This solar-powered investment is an important part of Electrify America’s commitment to expand access to clean and financially sustainable EV charging to low-income, disadvantaged and rural communities

In Q2 2021, Electrify America operated solar-powered charging stations in California’s Central Valley

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Sponsoring a range of education and awareness activities that help to educate about ZEV technology

Sponsoring many other efforts, including Veloz, EV Noire, and STEM organizations

Our Brand Neutral Campaign “Normal Now”

• Over 1 billion impressions to date nationwide

• Launched remaining channels for Flight 3 of Normal Now campaign

• Generated 35 million impressions across search, streaming audio, digital video, and social media

• At least 35% of media spend in LIC/DAC areas

• Continued funding of six organizations to conduct EV outreach in low-income and disadvantaged communities

• Launched STEM and workforce development programs through Los Angeles Cleantech Incubator (LACI), Ecology Action, and Valley CAN / Bakersfield College

• Sustained effort with EV Noire to gauge EV awareness and perceptions and bring down barriers to adoption

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Sacramento Green City investment recipients continued providing mobility services

Operations continued in Q2 with two transit buses,

two car-share services, and charging infrastructure

Zero-emission transit: Causeway Connection and

Franklin Boulevard service provided 108,000passenger miles of service in Q2 2021

Sacramento has the highest per-capita density of Electrify America DC fast chargers in the nation

GIG: GIG’s free-floating car share fleet traveled

622,000 miles over 10,700 separate trips in Q2

Envoy: Envoy car share service’s EVs provided

over 3,200 trips

DAC/LIC Investment

Local and regional policy focus

71% of site hosts located in DAC/LIC

63% of home zone located in DAC/LIC

84% of shuttle home zone located in DAC/LIC

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Corporate social responsibility pillars

Enabling electric transportationCommitment to making the world a more

sustainable place by driving electric vehicle

adoption through infrastructure and education

Environmental sustainabilityCommitment to being carbon-neutral or better,

powering our stations with renewable energy and

building infrastructure sustainably

Community supportUnlocking electrification for all, including

investments and education in disadvantaged, low

income and rural areas

Equality & diversityStriving to achieve diversity and inclusion in

everything we do, from investing to hiring and

supplier relationships

Do we have image of

the team?

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Thank You