Slide 1: Industry Leader in Lithium Battery Power Solutions
Industry Leader in Lithium Battery Power Solutions Fourth Quarter and Full Year 2024 Financial Results Conference Call NASDAQ: XPON Corporate Presentation March 31, 20251
Slide 2: Important Cautions & Disclaimers
Important Cautions & Disclaimers NASDAQ:XPON Certain statements contained in this presentation (this “Presentation”) are 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, which s
Slide 3: Agenda
Agenda NASDAQ:XPON Brian Schaffner • Introduction and Corporate Overview CEO, Interim CFO, Director • Q4 2024 & Subsequent Highlights • 30+ years of executive experience in a variety of capacities including CEO, CFO, CIO and controller • Former CFO of Expion360 • Strategic Positioning in Premium Mar
Slide 4: Corporate Overview
Corporate Overview NASDAQ:XPON Expion360 is an industry leader of premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, Light Electric Vehicles (LEVs), and home energy storage solutions (HESS), as well as possible future expansion into ind
Slide 5: Fourth Quarter 2024 & Subsequent Highlights
Fourth Quarter 2024 & Subsequent Highlights NASDAQ:XPON • Began to fulfill purchase orders for its HESS in • We continue to work towards additional OEM market January 2025 penetration with new major partners. • Signed a non-binding letter of intent with NeoVolta • November 11, 2024 – Expanded OEM re
Slide 6: Battery Portfolio Evolution
Battery Portfolio Evolution NASDAQ:XPON Strategic Positioning in Established & Future Premium Markets LiFePO4 Batteries Power: Recreational Boating & Light Electric Home Energy Industrial Vehicle & Overland Marine Vehicle Storage Applications Systems and appliances Trolling motors and operating Golf
Slide 7: e360 Home Energy
Future Market Expansion e360 Home Energy NASDAQ:XPON • e360 Home Energy: Recent public offering completed to advance commercialization of Home Energy Solutions • High margin solution provides scalability and versatility • Recurring revenue opportunity • Target Market - Home and small commercial sola
Slide 8: Technology Advantages
Technology Advantages NASDAQ:XPON • Overall: compact, high-capacity and significant reliability • Lithium-Iron Phosphate Chemistry: recognized as among e360 12 volt 450 Ah battery features the safest battery chemistries new proprietary anode/cathode design that increases energy density • 2-3 Times F
Slide 9: Superior Aesthetics, Design, Materials & Construction
Why Customers Choose E360 Superior Aesthetics, Design, Materials & Construction NASDAQ:XPON QUALITY CONNECTIONS Oversized brass terminal pads. Plainly and permanently marked polarity. HIGH-PERFORMANCE • Rugged Design: IP66-rated enclosures for BATTERY MANAGEMENT SYSTEM protection in variety of envir
Slide 10: Vertical Heat Conduction (VHC) internal heating technology
Why Customers Choose E360 Vertical Heat Conduction (“VHC ”) internal heating technology NASDAQ:XPON • Patent-pending innovation representing a significant breakthrough in battery performance, particularly in cold climates. • Now included in the next generation Group 27 and GC2 12V series batteries.
Slide 11: Product Line for Use Across Markets
Product Line for Use Across Markets NASDAQ:XPON 12V Group 24 12V Group 27 12V Group 27 12V GC2 48V GC2 LiFePO4 SmartTalk & VHC SmartTalk & VHC SmartTalk 60Ah, 80Ah, 95Ah 100Ah, 120Ah 100Ah, 132Ah 144Ah, 162Ah 36Ah 12V EX1 12V EX1 SmartTalk 12V EX2 Edge SmartTalk 48V EX2 Edge SmartTalk AURA Powercap
Slide 12: Go-to-Market Channels
Go-to-Market Channels NASDAQ:XPON Dealer Direct Distributors OEMs Private Label • Our distributors provide us access • Offers customers a scalable • Our standardized products sold • Sell directly to dealers who offer to thousands of retail store integrated power system under client’s existing brand
Slide 13: Fourth Quarter & Full Year 2024 Financial Highlights
Fourth Quarter & Full Year 2024 Financial Highlights NASDAQ:XPON Three Months Ended Year Ended December 31 December 31 $ in millions 2024 2023 2024 2023 Revenue $ 2.0 $ 0.9 $ 5.6 $ 6.0 Gross Profit $ 0.4 $ 0.2 $ 1.2 $ 1.6 Gross Margin (%) 22.1% 23.9% 20.5% 26.3% Selling, General & Administrative Exp
Slide 14: Closing Summary
Closing Summary NASDAQ:XPON • We remain confident about our growth trajectory for 2025 • Expion360 is an industry leader in premium lithium • 2024 RV industry shipments are up 7.7%1 year-over-year battery power storage solutions with expert design through September 2024. and integration of battery p
Slide 15: Q&A Contact Us
Q&A Contact Us Expion360 Headquarters 2025 SW Deerhound Ave. Redmond, OR 97756 Tel +1 (541)797-6714 Investor Relations Contact Chris Tyson, Executive Vice President MZ Group - MZ North America 949-491-8235 XPON@mzgroup.us www.mzgroup.us 15