Zooz Strategy Ltd. · TASE:ZOOZ
Zooz Strategy — ZOOZ Power — SPAC Merger (August 2023)
47 slides from Zooz Strategy's SPAC merger presentation, Aug 10, 2023
Slide 1: ZOOZ Enabling Ultra-Fast EV Charging
2 ZOOZ Enabling Ultra-Fast EY ae August 2023 a *
Slide 2: About this Presentation
About this Presentation The following presentation (this “ Presentation ” ) is for informational purposes only and has been prepared by ZOOZ Power Ltd . (the “ Company ” or “ ZOOZ ” ) . The information contained in this Presentation is the property of Zooz . This Presentation may not be copied, publ
Slide 3: Forward-Looking Information
Forward - Looking Information The following presentation (this “ Presentation ” ) is for informational purposes only and has been prepared by ZOOZ Power Ltd. (the “ Company ” or “ ZOOZ ” ). This Presentation contains “ forward - looking statements ” within the meaning of Section 27A of the U.S. Secu
Slide 4: We develop, manufacture & market revolutionary Power Boosters
We develop, manufacture & market revolutionary Power Boosters Enabling & accelerating widespread deployment of EV ultra-fast charging. Today. Anywhere. For Good. )ZOO0Z
Slide 5: Experienced Leadership Team
Experienced Leadership Team Proven track record of scaling high-growth high-tech companies ae eee Avi Cohen Boaz Weizer Ruth Smadja Ilan Ben David Nir Zohar David Pincu Executive Chairman Chief Executive Chief Financial Co-founder & Chief Co-founder & Chief Co-founder & Officer Officer Technology Of
Slide 6: The EV revolution is accelerating
The EV revolution > is accelerating 5 ZOOZ ry
Slide 7: Existing Electric Grid Cannot Support EV Ultra-Fast Charging
Existing Electric Grid Cannot Support EV Ultra-Fast Charging EV owners expect a “fueling-like” ultra-fast charging experience. Ultra-fast charging infrastructure is 2 me : z 150-250kW critical to enable EV mass adoption 3 250 & 200 D € 150 Sy 8 100 ° 50 pow Ultra-fast charging requires 0 || 1okw HUG
Slide 8: Ultra-fast charging is critical, but grid infrastructure cannot support it
Slide 9: Infrastructure Disruption
Infrastructure Disruption a Gas Stations =43) Fast Charging Centralized Approach Distributed Approach > 100% refueling in public stations >» 20%-40%"* charging in public chargers > ‘Few’ 'big' gas stations, serving 100s of vehicles / day > ‘Many’ ‘small’ Stations — 10s EVs/day/charger* > Fast Refuel
Slide 10: Enabling Widespread Ultra-Fast Charging. Today.
Enabling Widespread Ultra-Fast Charging. Today. Optimized Micro-grid Power Management Chargers Ultra-Fast EMS = = =] ei a pcre O O =) Power- Power Booster Power Booster Power Booster bere ii —— Constrained Charged during discharged to enable O—O Grid idle times faster EV charging Enables Ultra-Fast
Slide 11: Enabling Widespread Ultra-Fast Charging
Enabling Widespread Ultra-Fast Charging. \ Limited- (OX) Long wait & —» Power AZ high cost of Grid == — grid upgrade 7 @, Long A Long Waiting 67 Charging \_/—’ for available . Sessions charger : Skipped it. High Charging = Demand Sessions - Charges
Slide 12: Enabling Widespread Ultra-Fast Charging
Enabling spread Ultra-Fast Charging. Limited grid is boosted by the ZOOZTER™-100 f . Deferring 7 © grid sé Shorter Charging Sessions ~~ F Avoiding / upgrade More charged cars per day, More Sales minimizing _ demand charges
Slide 13: Enabling Ultra-Fast Charging
Enabling Ultra-Fast Charging. Increase power supply as utilization grow Defer grid upgrade investment expand market share Re-deployable asset to accelerate growth and transition to EVs
Slide 14: The Kinetic Power Booster ZOOZTER-100
The Kinetic Power Booster ZOOZTER -100 ZOOZ Flywheel Enabling & Accelerating Ultra-Fast EV Charging )ZOOZ ve i 1 Innovative patented @ Sustainable- = Reliable wt Flywheels Non-chemical technology C ae B [Fe i High - High Power Performance eA ie ( eee nlf Cost Effective Flexible & _/ \___Modular CO D
Slide 15: Ρ • • • •
Ρ • • • •
Slide 16: Energy Management System
Energy Management System Reports Charts Remote Control ARS, METER i ‘ GRID > Efficient use of the current grid EV CHARGERS > Minimize demand charges > Defer grid upgrade investment Compatibility and > connectivity to other EMS and various chargers IT'S TIME TO ZOOZ > Remote monitoring DZO0o0z ts]
Slide 17: ZOOZ Flywheel - Mechanism of Action
ZOOZ Flywheel - Mechanism of Action i J _ ae
Slide 18: ZOOZ Flywheel - Mechanism of Action
/Z Flywheel — Mechanism of Action Converting Electricity J = kinetic energy Storing kinetic Seay ACCELERATING LEVITATING DECELERATING CHARGING STORING DISCHARGING (converting electricity to) Kinetic Energy Kinetic Energy Kinetic Energy (converted to electricity)
Slide 19: Flywheel technology features
Unique high - speed, high - power, air - cooled, running in vacuum High efficiency, High reliability Sealed to hold vacuum 0.5 Ton rotor balanced at a precision level of a small Gyro. Inherently safe by design Cost - effective, recyclable Proprietary manuf. process geared to high - efficiency mass p
Slide 20: Flywheel-based Power Boosters vs. Li-ion Batteries
Flywheel-based Power Boosters vs. Li-ion Batteries Energy Storage Performance & Cost over lifetime 1 : 2002 Flywheel Li-ion suffer from rapid aging, and performance degradation & significant variation in different environment conditions 2 90% ZOOZ FW allows >200,000 cycles, over 15 years lifespan, a
Slide 21: Competitors examples
Note: these are examples of competitors. Additional competitors are active
Slide 22: Adding Value to Various Verticals & Use Cases
Adding Value to Various Verticals & Use Cases EPC STeDF AVIS’ Utilities Ee Hertz Fleet +E amazon Operator tonity™ Charge bink Point Operator ae lace / Owner / Operator > 0 » )ZOOZ >
Slide 23: Benefits to CPO / Asset Owner
Benefits to CPO / Asset Owner 4) Faster & Cost-effective Chargers Deployment > Avoid /defer grid upgrade > Defer investment & Build infrastructure gradually with utilization increase > Remain flexible and agnostic to chargers’ vendor >» Re-deploy Power Boosters to accelerate land-grabbing =® Maximiz
Slide 24: Benefits to Fleet Operators
Benefits to Ficet Operators 4) Faster & Cost-effective Fleet Electrification > Avoid /defer grid upgrade > Defer investment & Build infrastructure gradually with EV fleet increase > Re-deploy Power Boosters to accelerate electrification of additional fleet's sites oO | = c Maximize Site Fleet Effici
Slide 25: 1st Commercially Operating Site in Israel
(=) 1s* Commercially Operating Site in Israel In cooperation with afcon ctric Mobility Israel's leading ultra-fast \eharging network operators )ZOO0Z
Slide 26: * Company estimation, subject to changes
26 * Company estimation, subject to changes
Slide 27: Car Rental Giant
27 Car Rental Giant * Company estimation, subject to changes
Slide 28: Charging Ahead - Towards becoming a leading global supplier
Charging Ahead — Towards becoming a leading global supplier >250 : H Scale-up, based ful pilot ‘Developing Key Accounts & Channels in Seas Production Tier-1 Territories i , z P R&D / Eng. i 80-14 H Delivered* units Serial Production Initial Production H ! (Pilots & initial sales) 1 20-40 7-15 2021 2
Slide 29: Market Opportunity
Market Opportunity vio >150 Million EVs | Vehicles in Operation Forecasted to populate the roads, globally, by 2030 2 TAM >1.5 Million Fast-Charging ports. s Total Available Market Aminimum of 1 Fast-Charging port per 100 EVs ag; >300,000 Power Boosters Support >20% of Fast-charging ports | a “s) >$
Slide 30: Enabling Ultra-fast EV charging
. Enabling * Ultra-fast EV charging. (A ITSTIME TO 2002
Slide 31: Free translation of the Hebrew original
This document is a free translation of the Hebrew original. In case of differences, the Hebrew version shall prevail
Slide 32: Merger with Keyarch Acquisition Corp.
*Nasdaq Capital Market 01 02 03 Merger with KeyArch Acquisition Corp. SPAC traded on Nasdaq [KYCH*] The SPAC was established by a founder of an investment fund from Hong Kong and the SPAC leaders are with proven ability in the Chinese market Recognizing the potential of ZOOZ's solution and intending
Slide 33: Injection of Capital - Agreed Valuation of up to $100M
Injection of Capital Agreed Valuation of up to $100M (contingent on meeting certain milestone) According to the deal, ZOOZ’s agreed valuation is up to $100 million of which up to $40 million is contingent on meeting certain milestones (total of 10 million shares at a value of $10 per share)* Immedia
Slide 34: Injection of Capital - Closing condition
Injection of Capital Closing condition – a minimum of $10M capital injection (net after all expenses) PIPE will be considered The SPAC raised approximately $ 115 M and after the redemption (on 20 . 7 . 23 ) approx . $ 25 M* remain in the trust ZOOZ (the surviving company) Immediately post merger Dua
Slide 35: Earnout Shares milestones
The following milestones will entitle ZOOZ shareholders to allocation of Earnout Shares (one of two conditions to be met per each milestone): 1,000 Shares post merger 1,167 shares 1,400 shares 1,667 shares Example – a shareholder who currently holds 11,600 shares : 11,600 Shares today 1,000,000 $12
Slide 36: Initial Sales in Europe, Initial Installation in the US
Initial Sales in Europe 36 Initial Installation in the US Moving forward with our penetration into a fascinating and rapidly evolving market Excellent timing for ZOOZ to become publicly traded on
Slide 37: Backup Slides
2 ZOOZ Backup Slides August 2023 Se ig be eat *
Slide 38: Avoid Peak Load & Reduce Demand Charges
Avoid Peak Load & Reduce Demand Charges ~200kM (~30kWH) Charging Session eee Without EMS eqme\Vith EMS ----- Virtual Grid Limit Reduced Peaks’ load Example savings of Demand Charges Shaved Peak 250 _ = Shifting the energy from the = ~~ peak to slightly extended Z 500 \ charging time Monthly Charge )
Slide 39: EMS - Avoid And Reduce Demand Charges
EMS - Avoid And Reduce Demand Charges ResseSib) Example Based on a US C-Store demand data Full Year Demand (kW) / Average utilization: 9 cars per day , 0 Max Demand Power (kW) by month With ZOOZTER™-100 & EMS ; Pood $502 30 Charging by grid can be - — “virtually limited" to 10OkW, ~~ $9,642 veoew ,
Slide 40: Charging Pattern of Multiple Cars - Common Mistake
Charging Pattern of Multiple Cars - Common Mistake Total 600 kW Do we really need 600 kW ? Common Misunderstanding
Slide 41: The Real Pattern of Multiple Charging Cars
The Real Pattern of Multiple Charging Cars
Slide 42: Peak-Shaven Pattern of Multiple Charging Cars
“Peak-Shaven" Pattern of Multiple Charging Cars
Slide 43: Peak-Shaven Pattern of Multiple Charging Cars
“Peak-Shaven” Pattern of Multiple Charging Cars Supported by ZOOZTER’ -100 Power Booster Full day charging pattern $$$ Demand Charges
Slide 44: 6:00 6:10 6:20 6:30 6:40 6:50 7:00 8:00 9:00 10:00 11:00 12:00 13:00 14:00
0 100 200 300 400 500 600 700 6:00 6:10 6:20 6:30 6:40 6:50 7:00 8:00 9:00 10:00 11:00 12:00 13:00 14:00 15:00 16:00 17:00 18:00 19:00 20:00 21:00 22:00 Power Ρ
Slide 45: UK Charging Hub (6x 150kW) - inefficient deployment
UK Charging Hub (6x 150kw) — inefficient deployment _pxsereukste core Glid = 9OOKW ‘#seesennscantnasaiececcsvennwsisadann Power Last 7 Days EK ‘Gj a fri: SS caren 800 KW Peak = GSOKW «sssseseeeesesseeensnescenesesseeeeeeaceeneseusnaensenenssgeeeenseeneeeanens 600 KW 3 400Kw ie AVE ly Gg Oa 74: AV IB
Slide 46: UK Charging Hub (6x 150kW) - Efficient deployment
UK Charging Hub (6x 150kw) — Efficient deployment Based on aUK Ste 8 Grid: S00KW + 6Chargers X 150KW a * 2ZOOZTER X100kW i 800 kW 600 KW Covered by 2 ZOOZTERS nt | 1.1 vin | l\ fy = GOOKW"sesuseseseccassacesscscce 5 ig oils a. AA hs TAB iescccosceverecaes Grid = 400kW My TR Ginn eRith heed r\ Th Ave
Slide 47: Important Information and Where to Find It
> Important Information and Where to Find It > > This communication contains information relating to a Business Combination Agreement (the “Business Combination Agreement’), dated July 30, 2023, by and among ZOOZ, Keyarch and the other parties thereto, and transactions contemplated thereby, which we