Slide 1: Lithium-Ion Cell Gigafactory Update
Lithium-Ion Cell Gigafactory Update SEPTEMBER 30, 2024 © 2024 EnerSys. All Rights Reserved.
Slide 2: Presenters
Presenters Lisa Dave Joern Mark Andi Hartman Shaffer Tinnemeyer Matthews Funk VP, Investor President SVP and President, EVP and Relations and and CEO CTO Specialty – CFO Corporate Global Communications © 2024 EnerSys. All Rights Reserved. 2
Slide 3: Welcome & Opening Remarks
Welcome & Opening Remarks LISA HARTMAN V P, I N V E S T O R R E L A T I O N S A N D C O R P O R AT E C O M M U N I C AT I O N S © 2024 EnerSys. All Rights Reserved.
Slide 4: Forward Looking Statements
Forward Looking Statements As a reminder, we will be presenting certain forward-looking statements on this call that are based on Management’s current expectations and views regarding future events and operating performance and are subject to uncertainties and changes in circumstances. Our actual re
Slide 5: Lithium-Ion Gigafactory Strategy and Overview
Lithium-Ion Gigafactory Strategy and Overview D AV E S H A F F E R PRESIDENT AND CEO © 2024 EnerSys. All Rights Reserved.
Slide 6: New Lithium-Ion Cell Gigafactory: Project Overview
New Lithium-Ion Cell Gigafactory: Project Overview 1 500,000 square foot, 5GWh capacity, lithium-ion cell production facility to be built1 in Greenville, SC 2 $665 million investment, partially funded by federal, state and local incentives, as well as a portion of IRA tax credits 3 100% capacity ded
Slide 7: Strategic and Financial Benefits
Strategic and Financial Benefits Strategic Financial • Supports mix shift to higher performance • Expansion de-risks long-term revenue and lithium solutions earnings growth • Provides reliable, domestic supply of • Insourcing lowers cost lithium-ion cells for EnerSys lithium batteries • Avoids Chine
Slide 8: Gigafactory Supports Lithium-Ion Products Across All Business Segments
Gigafactory Supports Lithium-Ion Products Across All Business Segments ENERGY SYSTEMS NEW VENTURES Reserve power for Battery energy storage communications networks, systems (BESS) for various data centers, and industrials end markets MOTIVE POWER SPECIALTY Energy storage for electric Energy storage
Slide 9: EnerSys Current and Future Lithium-Ion Products
EnerSys Current and Future Lithium-Ion Products ENERGY SYSTEMS MOTIVE POWER S P E C I ALT Y NEW VENTURES Alpha® XRT-Li extended NexSys® iON batteries Current and future First DC Fast Charge & runtime power systems for to power electric forklifts incremental Storage1 system installed at Communication
Slide 10: Gigafactory Financial Highlights
Gigafactory Financial Highlights CAPITAL INVESTMENT PROJECT FUNDING ~$665 tocommission construct and the $199 DOE award 1 ~$200 local and state plant over the negotiation incentive package M I L L I O N next four years M I L L I O N announced2 M I L L I O N received • Federal awards expected to lag
Slide 11: Lithium-Ion Cell Technology
Lithium-Ion Cell Technology JOERN TINNEMEYER SVP AND CTO © 2024 EnerSys. All Rights Reserved.
Slide 12: EnerSys ENS1 Prismatic Cell Technology
EnerSys ENS1 Prismatic Cell Technology The Enersys ENS1 cell uses lithium-ion cell technology developed to automotive standards and leverages technical, quality, cost, and supply base maturity for industrial applications 1• Leveraging Enersys’ >10-year history of advanced lithium-ion cell technology
Slide 13: Enersys / Verkor Strategic Relationship
Enersys / Verkor Strategic Relationship Verkor is a proven French technology leader focused on large-scale industrialization of lithium-ion batteries 540 16GWh/year employees initial capacity facility in Dunkirk, 200+ France set to be Individual patents filed operational in 2025 €3.5B+ In funding ra
Slide 14: Site Readiness and Next Steps
Site Readiness and Next Steps M A R K M AT T H E W S P R E S I D E N T, S P E C I A L T Y G L O B A L © 2024 EnerSys. All Rights Reserved.
Slide 15: Site Readiness and Community Support
Site Readiness and Community Support Launched the EnerSys Gigafactory Steering Committee, led by the CEO, to oversee project governance Established office location in Greenville, SC EnerSys leadership and project management teams are engaged and invested in its Greenville, SC community commitm
Slide 16: Site Readiness and Next Steps
Site Readiness and Next Steps DOE $199M Award Negotiations, next ~120 days • Expect to receive full amount • Cost share reimbursement model • Negotiations to finalize terms of agreement, review budget, timeline, and allowable costs Status of Site Development COMPLETE IN PROCESS Established gigafac
Slide 17: Q&A
Q&A © 2024 EnerSys. All Rights Reserved. 17
Slide 18: Thank you.
Thank you. For more information visit us at www.enersys.com World Headquarters EnerSys EMEA EnerSys APAC 2366 Bernville Road EH Europe GmbH No. 85, Tuas Avenue 1 Reading, PA 19605 USA Baarerstrasse 18 Singapore 639518 +1 610-208-1991 / +1 800-538-3627 6300 Zug Switzerland +65 6558 7333