NaaS Technology, Inc. · NASDAQ:NAAS
NaaS Technology — Investor Presentation (November 2022)
24 slides from NaaS Technology's investor presentation, Nov 16, 2022
Slide 1: The 1st Listed EV Charging Service Company in China
The 1st Listed EV Charging ServiceCompany in China NaaS (NASDAQ: NAAS) One-Stop Solutions Provider Empowering ElectricMobility Management Presentation November 2022 Disclaimer THIS PRESENTATION AND ITS CONTENTS ARE CONFIDENTIAL AND ARE NOT FOR RELEASE, REPRODUCTION, PUBLICATION OR DISTRIBUTION, IN W
Slide 2: NaaS is one of the Largest EV Charging Network and Service Provider
NaaS is one of the Largest EV Charging Network and Service Provider with First-mover Advantage Naas China EV Public Charging Volume Extensive Online Charging Network 1,885GWh charging volume (1) 44K charging stations (2 ) 404k chargers connected(3) Processed Coverage Strong Partnerships 981 charging
Slide 3: When You Invest in NaaS, You Invest in the Electrification of China's Transportation
When You Invest in NaaS, You Invest in the Electrification of China's Transportation Industry VISION Empowering Electric Mobility INVESTMENT OPPORTUNITY Plug into China’s Huge Market Opportunity – the Digitalization and Electrification of Transportation Naas NASDAQ: NAAS 3
Slide 4: Investment Highlights
Investment Highlights þ China’s World-Leading Electrification Trend Unlocks Huge Market Potential þ One of China’s Largest EV Charging Network and Service Provider with First-mover Advantage þ Solid Business Model: Service-Based Recurring Revenue from Sticky Customers across Multiple Revenue Streams
Slide 5: Company Overview
NASDAQ: NAAS 01 Company Overview
Slide 6: NaaS Ecosystem – Links Everything in the EV Charging Industry
End-users/Corporate/APP Smart EV Preinstalled Functions Supplier NaaS Charging Station Owners NaaS Ecosystem – Links Everything in the EV Charging Industry Full Suite of Charging Solutions Provider Enhance operational efficiency and profitability One of the Largest EV Charging Network Enjoy hassle-f
Slide 7: One stop Energy Solutions Provider Offering Turnkey EV Charging Solution
NASDAQ: NAAS One stop Energy Solutions Provider Offering a Convenient, Flexible, Turnkey EV Charging Solution for Station Owners 8 User Acquisition Platform Maintenance Services Non charging Services Operating Services Financing Channel Client: charging stations Client: charging stations Client: cha
Slide 8: We Generate Recurring Revenue from Sticky Customers across Multiple Revenue Streams
NASDAQ: NAAS We Generate Recurring Revenue from Sticky Customers across Multiple Revenue Streams 9 Non charging Services User Acquisition Platform Recurring take rate based on charging volume originated from NaaS ’ app Recurring service fee based on long term contracts Recurring take rate from renta
Slide 9: Illustrative Unit Economics with 65% Recurring Revenue
NASDAQ: NAAS Illustrative Unit Economics with 65% Recurring Revenue 10 Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Total Revenue Construction Operation Upgrading … One time Recurring Initial Building Stage O perating Stage Upgrad ing Stage / Additional Services (23%
Slide 10: Our Comprehensive Product and Service Offerings Create a Virtuous Cycle of Growth
Our Comprehensive Product and Service Offerings Create a Virtuous Cycle of Growth Better Experience Provides comprehensive operation services to station owners Improves operational efficiency and enhances user experience More Charging Stations Provides one-stop turnkey set-up services from site sele
Slide 11: Key Challenges and Requirements Faced by Charging Station Owners
Key Challenges and Requirements Faced by Charging Station Owners in China’s Public Charging Market SOEs and Local Government Pain Points Zero experience in charging industry Unable to independently select sites at a large scale Lacking experience in rapid establishment of stations Lacking profession
Slide 12: NaaS is Optimally Positioned to Fulfill Unmet Market Needs
NaaS is Optimally Positioned to Fulfill Unmet Market Needs Increasingly Fragmented Market Investing in charging piles and equipment upgrades requires high CAPEX and local land resources, attracting more and more local asset owners to enter the market Estimated # of Charging Piles Purchased (mm piles
Slide 13: VPP to Achieve Peak Shaving and Valley Filling
VPP to Achieve Peak Shaving and Valley Filling Increasing Charging Fees Reducing Charging Fees Peak Shaving Valley Filling [ ] Time Peak Shaving Original Load Curve Load Curve After Peak Shaving and Valley Filling Higher Renewable Energy Contribution Leads to Higher Volatility in Upstream Power Supp
Slide 14: Visionary Management Team with Proven Execution Capability
Visionary Management Team with Proven Execution Capability DAI Zhen Founder & Chairman WANG Yang Co-Founder & CEO Alex Wu CFO Sun Lei COO ZENG Qingzhu Vice President of Strategy YU Xiang Vice President of Sales Visionary management team with proven execution capabilities ✓ Over 200 employees with in
Slide 15: NaaS is Backed by China's Largest Automotive Energy Digitalization Platform
NaaS is Backed by China’s Largest Automotive Energy Digitalization Platform China’s largest automotive fueling service platform China's largest online automotive fueling service network China’s largest third-party gas station network Largest user base in China’s automotive fueling market Automotive
Slide 16: ESG Highlights: Facilitate the Transition into Green Energy
ESG Highlights: Facilitate the Transition into Green Energy NaaS NASDAQ: NAAS 360 GWh procured cumulatively through NaaS’ network was generated from renewable energy, accounting for 78.6% of total volume procured as of June 30, 2022Carbon emission reduction of 896,800 tons in 2021 and approx. 700,40
Slide 17: World's Largest Electric Mobility Market with Huge Potential
World’s Largest Electric Mobility Market with Huge Potential One of China’s Largest EV Charging Network and Service Provider with First-mover Advantage Service-Based Recurring Revenue from Sticky Customers across Multiple Revenue Streams Asset-light Model Unlocks Exponential Growth Potential with Pr
Slide 18: Appendix
02 Appendix
Slide 19: Sales of New EVs in China Accounted for More Than 50% of Global Sales
Sales of New EVs in China Accounted for More Than 50% of Total Global New EV Sales, with New EV Sales Penetration Rates in China’s Passenger Car Exceeding 30% NaaS NASDAQ: NAAS China’s EV penetration is accelerating faster than global China’s Passenger EV Sales & Penetration Rate (vs. Global) EV Pen
Slide 20: China's Public Charging Service Market Will Continue to be the Largest Globally
NASDAQ: NAAS 30.4 72.0 229.8 2021 2030E US EU China (Unit: TWh With A Dominant Share and Ever Growing Demand, China’s Public Charging Service Market Will Continue to be the Largest Globally from 2021 2030 Source: Frost & Sullivan Notes: Europe includes the EU27, Norway, Iceland, Switzerland and Unit
Slide 21: China's Public Charging Market is Expanding Rapidly
NASDAQ: NAAS China’s Public Charging Market is Expanding Rapidly, Anchored by an Increasing Dominance of DCFCs while Market Remains Highly Fragmented 13.4 12.4 25.9 2016 2021 2030E Unit: Million units CAGR 51.9% CAGR 43.5% 2021 2030E CAGR 58.3% CAGR 39.4% 2016 2021 16.7 213.1 229.8 2016 2021 2030E U
Slide 22: One stop Service Provider with Dominant Competitive Advantage
NASDAQ: NAAS One stop Service Provider with Dominant Competitive Advantage Source: Frost & Sullivan Notes: (1) As of June 30, 2022 23 Services Provided to Energy Asset Owners R anking Company Company Profile Charging Volume through App, 1H2022 ( Market Share ( (%) # of Public Chargers Connected (1)
Slide 23: Virtual Power Plant (VPP) to Facilitate Construction of a Modern Energy System
NASDAQ: NAAS Virtual Power Plant (“VPP”) to Facilitate Construction of a “Modern Energy 24 Demand Pain Points Solutions Power Trading Services NaaS negotiates and procures power through long term Power Purchase Agreements and sells to station owners at a lower tariff Station owners are currently p
Slide 24: Power the World with Green Energy
NASDAQ: NAAS Power the World with Green Energy
NaaS Technology — Investor Presentation (November 2022) on 6ix