Slide 1: Corporate Presentation Q4 2023
wallbox # Corporate Presentatio 042023
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities
Slide 3: Make Energy Powerful
4 — Make Energy Powerful SIMPLE We innovate to mal energy simpler SMART Embedded intelligence and V2 and V2H energy management! INNOVATIVE User-focused innovation drives us DESIGN-CENTRIC Design is not a luxury COMPATIBLE Compatible with all plug- in electric and hybrids V2G: Vehicle-to-Grid, V2H: V
Slide 4: Wallbox Management Team
WALLBOX MANAGEMENT TEAM Founder-led company with an experienced management team from technology, energy and industrial backgrounds f a Enric Asuncién ; ie 4 Co-Founder & Chief Pi a 4 bat Executive Officer @ Eduard Castafieda Oriol Riba Douglas Alfaro Leo Altamira Y Arplus® Co-Founder & Chief Chief O
Slide 5: Wallbox Board
WALLBOX BOARD Management is supported by a strong board of directors with a diverse background from different industries Board of Directors Enric Asuncién Co-Founder & Chief Executive Officer Beatriz Gonzalez Founder & Managing Partner of Seaya Ventures ) Francisco Riberas Executive Chairman of Gest
Slide 6: Wallbox at a Glance
WALLBOX AT A GLANCE We design, develop and distribute charging and energy management solutions for e-mobility needs AWARD-WINNING PRODUCT PORTFOLIO WITH PATENT-PENDING TECHNOLOGY 585° 118 20 3 > en k The smarter E AWARD ; - Tom's Guide Project Award d 2023 UNITS. COUNTRIES WITH OFFICES ACROSS CHARGI
Slide 7: The EV Charging Market
THE EV CHARGING MARKET Mass EV adoption means significant charging infrastructure growth and projected $102bn TAM! in 2030 WHAT IT TAKES TO WIN IN EV CHARGING PROJECTED CUMULATIVE # OF GLOBAL PASSENGER PROJECTED CUMULATIVE # OF GLOBAL CHARGE POINTS Smart Charging ELECTRIC VEHICLES? INSTALLED FOR PAS
Slide 8: Wallbox's Product Portfolio
WALLBOX’S PRODUCT PORTFOLIO! Solutions to empower users at home, at work and in public RESIDENTIAL CHARGING kW Pulsar Family (AC) Quasar 2 (BiDI-DC) Copper SB (AC) COMMERCIAL CHARGING Copper SB (AC) ntial & SOFTWARE SOLUTIONS myWallbox Charger & energy management at home & work Electromaps Charger a
Slide 9: Complete Software Solutions
COMPLETE SOFTWARE SOLUTIONS Embedded and interoperable EV charging software to manage chargers and the flow of energy at home, work and in public {ETE SB MYWALLBOX - RESIDENTIAL AND BUSINESS SOFTWARE User-friendly app Cloud based platform Real-time charger management Energy management Over the air u
Slide 10: Our expertise in bidirectional charging & energy management puts Wallbox in a unique position
Our expertise in bidirectional charging & energy management, puts Wallbox in a unique position to solve the challenges of the energy transition
Slide 11: Energy Control
ENERGY CONTROL Quasar bi-directional charging and Sirius energy management provides new opportunities to integrate renewable energy, battery storage and the grid & Grid power limit Wallbox HQ A HQ building energy usage Energy supply directly fromthe grid =~ Solar power generation during the day _— Q
Slide 12: Public Charging Solutions
PUBLIC CHARGING SOLUTIONS Unique DC technology can transform the public charging experience RELIABLE & COMPACT BY DESIGN Easier to transport, install, operate and service thanks to its modular design INHOUSE DEVELOPMENT & PRODUCTION Almost 2,000 Supernova units delivered for destination charging HYP
Slide 13: One Model Capable of Serving Diverse Channels
ONE MODEL CAPABLE OF SERVING DIVERSE CHANNELS We serve a variety of clients around the world AUTOMOTIVE OEMS AND DEALERSHIPS = L 1 5 Ye CS un &® & VALUE ADDED DISTRIBUTORS & RESELLERS Mops INeRAM $satrox: Libra g SEAL Drones omer scrowes etek = 2 ssro fan peneaen Se &ED. co) Oisorka sams club <> o a
Slide 14: A Global Force
A GLOBAL FORCE We are an international company, with sales, manufacturing facilities and offices worldwide s Mm a * APAC (2018) + Shanghai and Melbourne offices serve the APAC region i-l NORTH AMERICA (2020) + North America HQ and innovation lab in Mountain View, CA \ + 250,000 unit in-house manufac
Slide 15: Determining Our Future
DETERMINING OUR Wallbox is vertically integrated allowing to contro! the value chain and rapidly adapt to new market developments + Diverse supplier base centrally managed + Resilient procurement process FUTURE + Fully automated and semi- automated production lines on 3 continents + Close control of
Slide 16: Governance
Net Zero Timeline Circularity Emissions Net Zero Reductions Goals by 2030 - - - Impact Reaching Internal - Measurement mid-term goals - - - - Governance - - -
Slide 17: The Wallbox Future
THE WALLBOX FUTURE Be the provider of all-in-one renewable energy solutions with the charger at the center Peer to Peer Energy Transactions Generate energy from own renewable energy sources and trade it with other individuals Automatic Charging Charger starts charging when electricity costs are low
Slide 18: Earnings Q4 2023
Q4 2023 Earnings 1° wallbox #
Slide 19: Financial Review
FINANCIAL REVIEW - Strong DC sales - Stability within European AC demand - Contribution from ABL Q4 REVENUE €43.3M 33% sequential rise 34% YOY rise Q4 GROSS MARGIN 32.8% Impacted by product mix and timing of warranty & obsolescence charges Q4 CASH COSTS WBX ONLY €28.4M Positive adjusted EBITDA expec
Slide 20: Financial Overview: Reconciliation
FINANCIAL OVERVIEW Reconciliation! Unaudited, in € O00’s Change in fair value of derivative warrant liabilities Foreign exchange gains/(losses) Amortization and depreciation Share of profit of equity accounted investee Change in fair value of derivative warrant liabilities Foreign exchange gains/(lo
Slide 21: Appendix
Appendix
Slide 22: Financial Overview: Consolidated Statement of Profit or Loss
FINANCIAL OVERVIEW Consolidated Statement of Profit or Loss - EUR! Unaudited, in € O00’s Revenue Change in inventories and raw materials and consumables used Employee benefits Other operating expenses Amortization and depreciation Net other income Negative goodwill (ABL business combination) Operati
Slide 23: Financial Overview: Cash & Cash Equivalents
FINANCIAL OVERVIEW Cash & Cash Equivalents Unaudited, in € O00’s YEAR ENDED 31 DECEMBER 2023 2022 Cash and cash equivalents 101,158 83,308 Financial Investments (1) 5,426 5,269 Cash, cash equivalents and Financial Investments at 31 December 106,584 88,577 1. Financial Investments are included in Oth
Slide 24: Financial Overview: Investments and Long-term Borrowings
FINANCIAL OVERVIEW Investments and Long-term Borrowings Unaudited, in € O00’s YEAR ENDED 31 DECEMBER 2023 2022 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment 9,106 36,262 Intangible assets - excluding R&D (salaries capitalized) 7,103 9,861 Total Inve
Slide 25: Definitions and Disclosures
DEFINITIONS AND DISCLOSURES 1 “EBITDA” is defined as loss for the period before income tax credit, financial income, interest expenses, amortization and depreciation, and share of profit of equity-accounted investees. 2 “Adjusted EBITDA” is defined as loss for the period before depreciation and amor
Slide 26: Wallbox
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