Flux Power Holdings, Inc. · NASDAQ:FLUX
Flux Power — Investor Presentation (February 2022)
27 slides from Flux Power's investor presentation, Feb 28, 2022
Slide 1: Leading Lithium Adoption
(—L_LJ>-¢ mi Govv E ER LEADING.LITRIUM ADOPTION IASDAQ
Slide 2: Safe Harbor Language
Safe Harbor Language FmUWD¢ POWER This presentation contains forward-looking statements. All statements other than statements of historical fact contained in this presentation, including statements as to the Company's future results of operations and financial position, planned products and services
Slide 3: Flux Power Snapshot
Flux Power Snapshot Nasdaq: FLUX Closing Price (2/9/22) 52 Week Range Market Cap Shares Outstanding Float Revenue (@1 & Q2 FY’22) Order Backlog (12/31/21) Patent Portfolio’ Headquarters Employees $3.42 $3.00 - $17.15 $55M approvals 16.0M 11.4M $14.0M $31.4M A Premier Partner A decade of experience S
Slide 4: A Message From The CEO
A Message From The CEO Latest Updates and Milestones for Q2’22 Revenue increased 19% to $7.7 million in Q2’22 Achieved 14th consecutive quarter of year-over-year revenue growth Received $19.8 million in customer purchase orders from both existing and new customers Customer order backlog increased to
Slide 5: A Foundation Built for Fortune Electrification
FmUWD¢ POWER A Foundation Built for Fortune 500 Electrification 3-wheel battery pack launched UL Listing: narrow aisle battery pack SkyBMS telematics introduced + Airport Ground Support Equipment packs launched + Founded with + Walkie pallet + Counterbalanced forklift battery NASDAQ uplisting focus
Slide 6: A Full Product Line that Caters to Large Fleets
Slide 7: Flux Power Lithium-ion vs Lead Acid Batteries
Attribute Lead Acid Batteries Flux Power Lithium-ion Flux Power battery packs mitigate operational Battery Packs pain points AND at a lower total cost of ownership Perf Multiple batteries required for One battery required for lia multi-shift operations multi-shift operations Lifespan* 500-1,500 cycl
Slide 8: Fortune Customer ROI: 81% Savings
Fortune 100 Customer ROI: 81% Savings Global manufacturer with 80 Class 1 lift trucks in fleet ¢ 1 lithium-ion battery per lift truck * 3lead acid batteries per lift truck Price per Battery $6,500 $22,000 $0 . ) M $6 : 4 M Total S-Year Battery) $4 560,000 | $1,257,143 | $302,867 Cost Battery Savings
Slide 9: Material Handling Equipment is a Mass Market
S-Series, M-Series, L48, X-Series battery packs are designed to Material Handling Equipment is a Mass Market “plug and play” with lift equipment from most OEMs Electrification** Industry trends: 35% 31% Industry is undergoing a pom multi-year transition away ~ 5% 0% from internal combustion to 2018
Slide 10: Airport Ground Support Equipment
OWE Pushback Tractors Ground Support Belt Load a wae gs " oo. . Equipment 9 "°" 0806S Green Initiatives” to reduce emissions at airports ( ) favor a lithium-ion solution Baggage Tugs Only 15-25% of airline GSE fleets are electric — 75-85% of fleets are internal combustion which could be replaced by
Slide 11: Stationary Energy Storage
The C-Series battery pack used in stationary energy storage is a natural product extension, utilizing our modular design adapted for form & power requirements Flux Power Company Presentation - Investors muUWD¢ POWER Stationary Energy Storage Emerging New Applications: Electrification has allowed man
Slide 12: Total Battery Packs Shipped Throughout North America
Total Battery Packs Shipped Throughout North America 2017 2018 2019 2020 2021 2022 Battery Packs Shipped
Slide 13: Go To Market — Sales Channels by Segment
muUWD¢ POWER Go To Market — Sales Channels by Segment Material Handling Airport Ground Support Stationary Energy Equipment Equipment Storage / Other OEMs Toyota, Crown Equip. TLD, Charlatte, Trepel BEAM Global, Electric Raymond, CLARK, Hyster- autonomous shuttle mfg Yale, others Sales OEM national a
Slide 14: Customers by Segment
Food Beverage Retail & | Manufacturing Distribution Stationary Airport Grocery Energy GSE Storage Sp ? Lm 7 ARCTIC GLACIER Piudooies be 2 US. = ADELTA , Frito) (3 ‘2 CROWN CORK & SEAL “* SpartanNash swiss os a & me B | Pay’) pepsi Basar _ CATERPILLAR A (ses) Celi ae BEnTeleRY“""="""™ Mondelez, Ad Ge
Slide 15: Evolving Product Lines For Multiple Customer Segments
leet Evolving Product Lines For Multiple Customer Segments FY 2020 FY 20211 Q1 & Q2 FY’22 Stationary Energy Storage Robotics _ Stationary Energy Storage Accessories yp GSE. Accessories Material Handling Material Handling Material Handling Flux Power Company Presentation - Investors 2/28/2022 15
Slide 16: New Customer Acquisitions Create Long Term Relationships
$Millions $30 $25 $20 $15 $10 $5 $0 New Customer Acquisitions Create Long Term Relationships EY17 FY'18 Annual Customer Revenue FY'19 Flux Power Company Presentation - Investors FY'20 PY?24 muUWD¢ POWER m New Customers Acquired FY'21 m= New Customers Acquired FY'20 m™ New Customers Acquired FY'19 =
Slide 17: Engineering Expertise
Engineering Expertise Intellectual Property In-house engineering and software 2 protected IP patents: experts to design lithium-ion battery + Patented BMS firmware & packs optimized for performance battery design and safety. 3 patents pending: Experience with thermodynamics, + Predictive balancing p
Slide 18: SkyBMS Telematics: Access to Fleet Management Anywhere & Anytime
muUWd¢ SkyBMS Telematics: Access to Fleet Managemen ower Anywhere & Anytime Data is translated & a portfolio of real time ¥*., Data is transmitted via pee e Tie f F cellular / Wi-Fi connection a" J ] ae reports made available to: + Customer + Dealer + Flux Power & stored in cloud base Data is collec
Slide 19: Manufacturing at Flux Power
Manufacturing at Flux Power AN Quality Deploying lean 1SO09001 certified to manufacturing ensure consistent concepts to focus quality products on performance Flux Power Company Presentation - Investors
Slide 20: Supply Delays and Price Increases Impacted Shipments & GM
Supply Delays and Price Increases Impacted Shipments & GM Planned actions to restore trajectories Adding new battery cell supplier (lower cost, better performance) in 2021 delayed some GM actions ° FmUWD¢ POWER 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 FY'17 Revenue ($M) mQ1+Q2 mQ3+04 FY'18 FY'19 F
Slide 21: Trajectory to cash flow breakeven
Trajectory to cash flow breakeven Improve supply chain efficiency, supplier management, better accountability, alternate suppliers Restructure order to purchasing to build methodologies and tracking Aggressive supplier selection and accountability Avoid excess inventory from better alignment of sale
Slide 22: Customer Order Backlog & Inventory
$Millions Customer Order Backlog & Inventory $35 $30 $25 $20 $15 $10 $5 $0 Q2'22 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 12/31/2019 3/31/2020 6/30/2020 9/30/2020 12/31/2020 3/31/2021 6/30/2021 9/30/2021 12/31/2021 mauCustomer Backlog Inventory Flux Power Company Presentation - Investors FmUW
Slide 23: Our Products Enable our Customers to Reduce Their Carbon Footprint
Our Products Enable our Customers to Reduce Their Carbon Footprint & Improve Their ESG Rating/Scorecard Social Governance + Provide good quality jobs + Implemented Board of with a diverse workforce Directors diversity goals * Safety is a key focus, UL . Management Team with deep certification for ou
Slide 24: Investment Summary
Investment Summary Strategic initiatives to increase profitability and mitigate ongoing global supply chain disruptions Execute on record $31.4 million customer order backlog to generate cash receipts Continued increase in both customer demand and related production capacity increases Expansion into
Slide 25: Management Team
Management Team Ron Dutt Chief Executive Officer Ford Paulus Geantil Chief Technology Officer ) DB ) quantum echoes Juan Justin Forbes Director of Business Development <‘sepr renewables Flux Power Company Presentation - Investors Jon Berry Chief Operating Officer PACCAR ALSTOM Tod Kilgore Vice Presi
Slide 26: Capital Markets Summary
FmUWD¢ POWER Capital Markets Summary FLUX NASDAQ Listed + Flux Power Reports Fiscal Second Quarter 2022 Financial Results - Feb. 20, 2022 4:30 p.m. ET - Jan. 20, 2022 Shares Outstanding 16.0M + Flux Power Appoints Cheemin Bo-Linn to its Board of Directors - Jan. 19, 2022 Options/Warrants 0.5M/1.3M +
Slide 27: Flux Power
Flux Power (= LLU): 4 info@fluxpower.com 2685 S. Melrose Drive, Pease Vista, CA 92081 Investor Relations Chris Tyson Executive Vice President MZ North America Direct: 949-491-8235 FLUX@mzgroup.us www.mzgroup.Uus Flux Power Company Presentation - Investors 2/28/2022 2a
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