Slide 1: First Quarter 2026 Earnings Results
FIRST QUARTER 2026 EARNINGS RESULTS May 11, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains 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, or the Exchange Act, that are based on management’s current expectations a
Slide 3: CEO Perspective: Executing Post Restructure
CEO PERSPECTIVE: Executing Post Restructure Mike Battaglia President and CEO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 3
Slide 4: Cost Reset Complete: Deploy & Utilize
Cost Reset Complete: Deploy & Utilize Cost reset Recurring DC fast charging Large market Attractive complete, revenue growth and tailwind valuation and near cash scaling continued entry point breakeven investment EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 4
Slide 5: Model Shift Driving Margin Expansion
Model Shift Driving Margin Expansion 2028 Target Revenue Mix 20% Own & Product Operate Site Construction Site Pipeline Capital Raised 80% Repeat and Recurring Services Recurring Revenue = Higher Margin + Predictability This Transition Drives Structural Margin Expansion EV Charging Solutions with Bli
Slide 6: DC Footprint Buildout
DC Footprint Buildout Sites Sites Under Approved Construction 24 Sites 125 Stalls 3 Sites 11 Stalls TOTAL SITES 27 Sites 136 Stalls EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 6
Slide 7: Future Blink Sites
Future Blink Sites
Slide 8: Differentiated GTM
Differentiated GTM Channel Sales: Owning & Operating Hardware & Software Infrastructure • Across Verticals • DC Fast Buildout • Large TAM Driving repeat • ~24 Months Payback • Recurring Network Fees • Recurring Energy Revenue • Strong Margin Profile and recurring • Growing Margin Profile • Revenue O
Slide 9: The Power of Our Network
The Power of Our Network Enabling the Future of Mobility – Leveraging Data and AI Autonomous Mobility OEM Integrations Open Ecosystem Intelligent Grid • Charging as energy • Plug-and-charge • API-driven platform for • AI-driven demand, infrastructure for experience fleet, navigation, third- renewabl
Slide 10: Q1 Highlights
Q1 HIGHLIGHTS Mike Battaglia President and CEO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 10
Slide 11: Q1 2026 Highlights
Q1 2026 Highlights1 $20.8M $6.6M 32.0% Total Revenue Gross Profit Gross Margin Non-GAAP Gross Margin, 42.4% +213 bps YoY $13.3M ~56 GWh 25% Service Disbursed Revenues2 on Blink Networks 1 All comparisons are Q1-2026 year-over-year, unless otherwise noted 2 Service Revenues consist of repeatable char
Slide 12: Financial Performance
Financial Performance From Stabilization to Operational Leverage * Refer to Appendix section of the presentation for definitions of non-GAAP metrics EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 12
Slide 13: Financial Highlights
FINANCIAL HIGHLIGHTS Michael Bercovich CFO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 13
Slide 14: Selected Financials
Selected Financials Q1 Q1 YoY ($ in 000s) 2026 2025 Change Product Sales $6,194 $8,380 (26.1%) Service Revenue (1) $13,349 $10,681 25.0% Other Revenue (2) $1,236 $1,657 (25.4%) TOTAL REVENUES $20,779 $20,718 0.3% Gross Profit $6,639 $7,069 (6.1%) Operating Expenses $18,415 $28,450 (35.3%) ADJUSTED E
Slide 15: Financial Health Trends
Financial Health Trends * Refer to the Appendix section of the presentation for reconciliations and definitions of non-GAAP metrics EV Charging Solutions with Blink 15 © 2026 Blink Charging Co. All Rights Reserved.
Slide 16: Concluding Remarks
CONCLUDING REMARKS Mike Battaglia President and CEO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 16
Slide 17: Q&A
Q&A EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 17
Slide 18: Appendix
APPENDIX EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 18
Slide 19: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in ‘000s) Q1 2026 Q1 2025 GAAP Net Loss (as a % of revenue) (11,563) (55.6%) (21,008) (101.4%) Share-Based Compensation 1,837 905 Non-recurring or non-cash charges 1,898 2,030 Other Adjustments (1) - 679 Non-GAAP Net Loss (as a % of revenue) (7,828) (37.7%) (17,394)
Slide 20: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in ‘000s) Q1 2026 Q1 2025 GAAP Net Loss per Share (0.08) (0.21) Share-Based Compensation 0.01 0.01 Non-recurring or non-cash charges 0.01 0.02 Other Adjustments (1) - 0.01 Non-GAAP Net Loss per Share (0.06) (0.17) Provision for Income Tax 0.00 0.00 Interest income (0
Slide 21: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in ‘000s) Q1 2026 Q1 2025 Reconciliation of GAAP gross profit and margin to non- GAAP gross profit and margin GAAP gross profit and margin 6,639 32.0% 7,069 34.1% Non-recurring or non-cash charges 252 (565) Depreciation 1,917 1,836 Non-GAAP gross profit and margin 8,
Slide 22: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in ‘000s) Q1 2026 Q1 2025 Reconciliation of GAAP Compensation and G&A and Other Expenses to non-GAAP GAAP Compensation Expenses 10,163 13,554 Share-Based Compensation (1,837) (905) Non-recurring or non-cash charges (1,387) (1,078) Non-GAAP Compensation Expenses 6,939
Slide 23: Non-GAAP Definitions
Non-GAAP Definitions Non-GAAP Net Loss excludes share-based compensation, non-recurring and non-cash charges, and other adjustments, but unlike Adjusted EBITDA, retains the impact of taxes, depreciation and amortization and interest income/expense. Non-GAAP Gross Profit is defined as GAAP gross prof