Slide 1: Plug Power
Copyright 202 2 , Plug Power Inc. Plug Power NASDAQ: PLUG Copyright 2023, Plug Power Inc .
Slide 2: Forward-looking statements
2 This presentation and the accompanying oral presentation contain “forward - looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward - looking statements to be cover
Slide 3: Plug Power is uniquely positioned at the center of the hydrogen economy
3 Plug Power is uniquely positioned at the center of the hydrogen economy Siemens Hydrogen Electrolyzers Fuel cells for stationary Fuel cells for transport 2050E: USD 1.0 – 2.1tn 2050E: USD 170 - 460bn 2050E: USD 110 - 230bn 2050E: USD 170 - 500bn Air Products BP Linde PLC Shell Woodside Peric ITM P
Slide 4: Industry Leaders Rely on Plug's Hydrogen Ecosystem
Industry Leaders Rely on Plug’s Hydrogen Ecosystem
Slide 5: Clean Energy Policy Accelerating Market Development
5 5 Clean Energy Policy Accelerating Market Development o US Policy Support in Action Today o DOE Loan Programs Office – Conditional Commitment for $1.6B loan guarantee o Connected to $163M in DOE Clean Hydrogen Electrolysis, Manufacturing, and Recycling Grants o Leveraging Fuel Cell Investment Tax
Slide 6: Short-Term Business Priorities
6 Cash Management and Financing Goals • Continue to Pursue Financing Partners and Opportunities • Working Capital Management • Inventory Reduction is a Key Priority • Pricing Increases Across Product Portfolio Operational Execution Goals • Recalibrating the Material Handling Business Model • Hydroge
Slide 7: Strategic Priorities To Enable Growth Reacceleration
7 Exploring Financing Opportunities Converting 4.5GW in BEDP to Orders Developing US and EU Plant Network Manufacturing Scale to Meet Demand Hydrogen Plants Electrolyzers Delivering on Meaningful Pipeline Growing Storage and On - Road Offerings Developing Large - Scale Product Launching Mobile Refue
Slide 8: Priority Pieces for Profitability
8 Priority Pieces for Profitability Vertical Integration with Plug Hydrogen Network Pricing Increases Across the Material Handling Portfolio Equipment Sales Growth Increases Leverage on Fixed Manufacturing Costs Supply Chain Efficiency and Cost Downs Service Cost Improvement Roadmap Inventory and As
Slide 9: Plug's Long-Term Vision: Global Leader in End-to-End Integrated Hydrogen Solutions
9 HYDROGEN PRODUCTION • Hydrogen network allowing widespread adoption of fuel cell products • C ost reduction through scale, modularity , and technology • Leader in green hydrogen production HYDROGEN ENERGY EQUIPMENT • Gigawatt Scale ELX projects in diverse end markets • Leveraging manufacturing, de
Slide 10: Investor Relations contacts
VP of Investor Relations Roberto Friedlander rfriedlander@plugpower.com Manager of Investor Relations Kevin O’Brien kobrien@plugpower.com www.plugpower .com