Wallbox N.v. · NYSE:WBX

Wallbox — Q4 2022 Earnings Presentation

25 slides from Wallbox's earnings presentation, 2023

  1. Slide 1: Corporate Presentation Q4 FY 2022

    2 orporat =x "ca "04 SFULEVEAR 2022 . | /\ x A Biettt td oe N

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities

  3. Slide 3: Make Energy Powerful

    4 — Make Energy Powerful SIMPLE We innovate to mal energy simpler SMART Embedded intelligence and V2 and V2H energy management! INNOVATIVE User-focused innovation drives us DESIGN-CENTRIC Design is not a luxury COMPATIBLE Compatible with all plug- in electric and hybrids V2G: Vehicle-to-Grid, V2H: V

  4. Slide 4: Wallbox Management Team

    WALLBOX MANAGEMENT TEAM! Founder-led company with an experienced management team from technology, energy and industrial backgrounds Enric Asuncion Co-Founder & Chief Executive Officer Arplus® sea, IDIADA Jordi Lainz Chief Financial Officer EUROFRED (rhures f-<) FUJITSU «= 1,250* Employees? As of Apr

  5. Slide 5: Wallbox at a Glance

    WALLBOX AT A GLANCE We design, develop and distribute charging and energy management solutions for e-mobility needs AWARD-WINNING PRODUCT PORTFOLIO WITH PATENT- PENDING TECHNOLOGY @ A20% 13 21 4 Se Reddot Tom’s Guide Proc Award CE d 2 UNITS. COUNTRIES WITH OFFICES ACROSS MANUFACTURING SOLD" COMMERCI

  6. Slide 6: The EV Charging Market

    THE EV CHARGING MARKET Mass EV adoption means significant charging infrastructure growth and projected $102bn TAM! in 2030 PROJECTED CUMULATIVE # OF PASSENGER ELECTRIC VEHICLES 250 200 150 100 50 7) mROW us INSTAL! mAPAC mEurope 125 100 = 7s 50 ! 28 ° a g 8 8g 8 8 8 8 g 2027 a | 2020 2021 x 3 8 wall

  7. Slide 7: Wallbox's Product Portfolio

    WALLBOX’S PRODUCT PORTFOLIO Solutions to empower users at home, at work and in public HOME & BUSINESS CHARGING CopperSB 7-22 kW (ac) wollbox 2 Pulsar Max! (AC) Pulsar Plus Commander 2 (Ac) (Ac) Quasar (oc) Quasar 22 (oc) it solutions ompact int for home & Solar Charging Compatible Bi-Directional Cha

  8. Slide 8: Complete Software Solutions

    COMPLETE SOFTWARE SOLUTIONS Embedded and interoperable EV charging MYWALLBOX - RESIDENTIAL ELECTROMAPS - PUBLIC AND BUSINESS SOFTWARE CHARGING SOFTWARE software to ma nage © User-friendly app Charger management platform chargers and GQ) cinease ator Charging Station Map the flow of ie © e Reames rge

  9. Slide 9: Bi-Directional Charging & Energy Management

    BI-DIRECTIONAL CHARGING & ENERGY MANAGEMENT © PIONEERING TECH R e ) | Z n g One of the first bi-directional t al e fu t Uu re residential use @ of C h a rg n g AFFORDABLE One of the most 1 cost-competitive W it al 6) U a Sa if & bi-directional DC chargers on the market! BI-DIRECTIONAL Changes the fl

  10. Slide 10: Energy Control

    ENERGY CONTROL Quasar bi-directional charging and Sirius energy management provides new opportunities to integrate renewable energy, battery storage and the grid & Grid power limit Wallbox HQ A HQ building energy usage Energy supply directly fromthe grid =~ Solar power generation during the day _— »

  11. Slide 11: Public Charging Solutions

    PUBLIC CHARGING SOLUTIONS Unique DC technology can transform the public charging experience RELIABLE & COMPACT BY DESIGN Easier to transport, install, operate and service thanks to its modular design AFFORDABLE Up to half the total investment of similar fully-installed public chargers! (@) SUPERNOVA

  12. Slide 12: One Model Capable of Serving Diverse Channels

    ONE MODEL CAPABLE OF SERVING DIVERSE CHANNELS We serve a variety of clients around the world AUTOMOTIVE OEMS AND DEALERSHIPS Oo 5 Zz ENERGY COMPANIES Han Srnavonn SEE Dorm ——_bacharye SUNPOWER’ eee oct aS YeNKM — Xf AutoGrid Mss ED on Hyunor hen Oss prorgic «= DArry —Ffenicom . zt VALUE ADDED DISTRI

  13. Slide 13: A Global Force

    A GLOBAL FORCE We are an international company, with sales, manufacturing facilities and offices worldwide s Mm a * APAC (2018) + JV with FAWSN in China - one of the largest auto OEMs globally \ i-l NORTH AMERICA (2020) + North America HQ and innovation lab + Shanghai and Melbourne offices in Mounta

  14. Slide 14: Determining Our Future

    DETERMINING OUR C Wallbox is vertically integrated allowing to contro! the value chain and rapidly adapt to new market developmen - Diverse supplier base centrally managed + Resilient procurement process N FUTURE + Fully automated and semi- automated production lines on3 continents + Close control o

  15. Slide 15: The Wallbox Future

    THE WALLBOX FUTURE Be the provider of all-in-one renewable energy solutions with the charger at the center Peer to Peer Energy Transactions Generate energy from own renewable energy sources and trade it with other individuals Automatic Charging Charger starts charging when electricity costs are low

  16. Slide 16: Earnings & FY 2022

    04 & FY 2022 Earnings

  17. Slide 17: Cost Engineering

    €373M 35.7% 48,000 COST ENGINEERING SUPERNOVA EXPECTING CONTINUED SUPERNOVA PROGRAMS PROGRESS, CAN TO RAMP UP GEN 2 IMPROVED ALLOW FOR IMPROVED MARGIN PROFILE MARGINS wallbox #

  18. Slide 18: Two New Factories, Commercial Activity, Acquisitions

    €147M 40.5% 230,000 TWO NEW FACTORIES COMMERCIAL ACQUIRED TWO OPENED INCLUDING ACTIVITY IN 21 STRATEGIC THE US NEW COUNTRIES COMPANIES wallbox #

  19. Slide 19: Summary & Looking Forward

    SUMMARY & LOOKING FORWARD 2023 Outlook €35 tO ccc: 40m Oo Q1 YoY ( a SEQUENTIAL Q1 at GROSS MARGIN ‘At midpoint of range €240 to 290m 80% 38% FULL YR REVENUE FORECAST YOY FULL YR GROWTH FORECAST! FULL YR GROSS MARGIN FORECAST 7 wallbox #

  20. Slide 20: Appendix

    Appendix

  21. Slide 21: Financial Overview

    FINANCIAL OVERVIEW. Consolidated Statement of Profit or Loss! Unaudited, in € O00’s Revenue YEAR ENDED 31 DECEMBER QUARTER ENDED 31 DECEMBER Change in inventories and raw materials and consumables used Employee benefits Other operating expenses Amortization and depreciation Net other income One off

  22. Slide 22: Financial Overview: Cash & Cash Equivalents

    FINANCIAL OVERVIEW. Cash & Cash Equivalents Unaudited, in € O00’s YEAR ENDED 31 DECEMBER 2022 2021 Cash and cash equivalents 83,308 113,865 Financial Investments (1) 5,158 56,982 Cash, cash equivalents and Financial Investments at 31 December 88,466 170,847 ‘Financial Investments are included in Oth

  23. Slide 23: Financial Overview: Investments and Long-term Borrowings

    FINANCIAL OVERVIEW. Investments and Long-term Borrowings YEAR ENDED Unaudited, in € 000’s 31 DECEMBER 2022 2021 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment 36,262 20,945 Intangible assets - excluding R&D (salaries capitalized) 9,431 7,978 Total In

  24. Slide 24: Definitions and Disclosures

    Definitions and Disclosures | “Adjusted EBITDA” is defined as loss for the year before depreciation and amortization, income tax credits, and financial income and interest expense further adjusted to take account of the impact of certain non-cash and other items that we do not consider in our evalua

  25. Slide 25: wallbox

    ™ wy wallbox | @ 25 wallbox #

Wallbox — Q4 2022 Earnings Presentation on 6ix