Zooz Strategy Ltd. · TASE:ZOOZ
Zooz Strategy — ZOOZ Power — Investor Presentation (May 2024)
41 slides from Zooz Strategy's investor presentation, May 2024
Slide 1: Enabling Widespread Deployment of Ultra-fast EV Charging
) ZOOZ Nasdaq & TASE listed: “ZOOZ" Enabling Widespread Deployment of Ultra-fast EV charging. May 2024
Slide 2: About this Presentation
About this Presentation The following presentation (this “Presentation”) is for informational purposes only and has been prepared by ZOOZ Power Ltd. (the “Company” or “ZOOZ”). The information contained in this Presentation is the property of ZOOZ. This Presentation may not be copied, published, repr
Slide 3: Forward-Looking Statements
Forward-Looking Statements This Presentation contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the U.S. Private
Slide 4: We develop, manufacture & market Revolutionary Power Boosters
We develop, manufacture & market Revolutionary Power Boosters Enabling & accelerating widespread deployment of EV ultra-fast charging. Today. Anywhere. For Good.
Slide 5: ZOOZ at a Glance (April 2024)
ZOOZ at a Glance (April 2024) HQ in Employees — Patents ISRAEL ~40 Fd 26 si Pending Publicly Traded Listed on in Israel since Nasdaq March 2021 April 5, 2024 q Following Following WY |PO on TASE De-SPAC Deal Cash in Bank” Monthly Cash Burn Rate ese ~$14M 6) ~$0.7M As of April 2024 As of Q1/2024?) No
Slide 6: Source: IEA Global EV Outlook 2023
Source: IEA Global EV Outlook 2023
Slide 7: Market Opportunity
Market Opportunity VIO >150 Million EVs | Vehicles in Operation Forecasted to populate the roads, globally, by 2030 onpe . 2 >1.5 Million Fast-Charging ports A minimum of 1 Fast-Charging port per 100 EVs “3 >300,000 Power Boosters Support >20% of Fast-charging ports | “4 <S> >$60B Accumulated Market
Slide 8: EV Fast-Charging - Growing Challenge To Grid
EV Fast-Charging - Growing Challenge To Grid Typical EV charging curve of a multistory building Ultra-Fast Charging — 150kW a power challenge area (rather than energy-limited) 80kW: — ] alge | a = | . | | (Cia New EV models > Combined charging pattern of multiple EVs 250kW’ A wn ot mt Ki 1 i 120kW:
Slide 9: Enabling Widespread Ultra-Fast Charging. Today.
Enabling Widespread Ultra-Fast Charging. Today. Power Booster __.... Aime woo) | 02002 | NI EMS Optimized Micro-grid Ultra-Fast Chargers IT’S TIME TO Z00z = Power | Management a= 5 oo eho Lr = L_ J = oy R ” fl | 5 Iyomomd ooo dw Wj Sj Yad Power-Constrained Power Booster Power Booster Grid charged du
Slide 10: The Kinetic Power Booster ZOOZTER-100
The Kinetic Power Booster ZOOZTER™-100 ZOOZ Energ Management System (EMS) Enabling & Accelerating Ultra-Fast EV Charging )ZOOZ fi» co Sustainable- Non-chemical XY fi _-» CO Durable & Reliable fa.» NA ees Cost Effective NY Ve Flexible & Modular
Slide 11: Go-To-Market
Go-To-Market Geography Verticals Growth MSs * Started - * CPOs (& Utilities) From Pilots & Germany, UK, and US markets * EPCs Turnkey installations + Next - + Fleets to China & other West-EU markets * Business Operators Scalable opportunities )ZOOZ
Slide 12: The Challenge
The Challenge: Ultra-fast charging is critical to enable the transition to EVs But grid infrastructure cannot support it The “Common Solution": (unless the location is skipped due to limited grid) Grab the land Based on risky utilization growth assumptions Wait for grid upgrade Needed for "future-ut
Slide 13: Accelerate Charging Network Deployment
Accelerate Charging Network Deployment Grab more land, faster. Defer grid upgrade. Electrify sites earlier. Be agile and flexible with re-deployable boosters. Increased sales, decreased expenses Be more attractive (with Ultra-fast chargers). Grow utilization (& sales) faster. Grow CAPEX gradually. R
Slide 14: For additional information, see slide no. 37
(1) For additional information, see slide no. 37
Slide 15: Illustrative graph
1 2 3 4 5 6 7 8 → Note: The presented graph is only for illustration purposes
Slide 16: Accelerating Network Growth
Accelerating Network Growth [8 Zales Holl] Bums ell Use the ZOOZTER as a re-deployable asset » Faster “land grabbing” — to accelerate network growth Keep the ZOOZTER on site » To facilitate utilization increase (more chargers deployed) » To reduce electricity cost (avoid demand charges) » Accelerate
Slide 17: Business model geared towards long-lasting partnership
Business model geared towards long-lasting partnership 15 years expected equipment lifetime } Ha arranty Agreements enabling customers to benefit Power Booster -of-mind and minimal total cost-of-ownership Equioment long product expected 15-year lifetime Deliveries “Stand-alone” EMS & SW pack. to ena
Slide 18: 1st Commercially Operating Site in Israel
(+) 1s* Commercially Operating Site in Israel In cooperation with By Afcon & Dor-Alon afcon Israel's leading ultra-fast charging network operators )ZOOZ
Slide 19: Expanding Collaboration with ON Charging Network
Expanding Collaboration with “ON” Charging Network “= yy Collaborating with "ON" - the leading ultra-fast Charging network in Israel ZOOZTER™-100 systems & ZOOZ-EMS enable “ON" to upgrade its charging sites on Road #6 (Israel's main transportation corridor) Sites to include more charging ports, allo
Slide 20: Moving Forward in Germany
Moving Forward in the Started commercial sales in Germany in 2023 4 ultra-fast charging sites, enabled by the ZOOZTER™-100 Built in collaboration with major German CPOs — Mer & Parkstrom Sites are used for demonstrations to additional EU customers & partners.
Slide 21: 1st Entry to the UK
‘a MM 1st Entry to the Site owned & operated by Osprey Charging, one of the top-3 CPOs in the UK market WN 4 ZOOZTER™-100 enabled site’s upgrade to ultra-fast charging. Site is leveraged for demonstrations to potential customers & partners in the UK.
Slide 22: Moving Forward in the US
Moving Forward in the = 1st site started commercial operation in Rock Hill, South Carolina, as part of a Pilot with ARKO Corp. at a Scotchman Gas Station and Convenience Store Site is used for demonstrations of the ZOOZTER™-100 solution to potential US customers.
Slide 23: Car Rental Giant
Car Rental Giant * Company estimation, subject to changes 23 ** Permit was not yet received, site may be changed
Slide 24: Experienced Leadership Team
Experienced Leadership Team Proven track record of scaling high-growth high-tech companies oO Avi Cohen Executive Chairman KLAE NOM =: Cognyte )ZOOZ ® 8 8 Boaz Weizer Ruth Smadja Ilan Ben David Chief Executive Chief Financial Co-founder & Chief Officer Officer Technology Officer Eth Systems Y) Telra
Slide 25: Ultra-fast EV charging
Ultra-fast EV charging.
Slide 26: Appendix Slides
DD ZOOZ Boost for Good Enabling Widespread Deployment of Ultra-fast EV charging. Appendix Slides )ZOOZ
Slide 27: The Boosting Cycle
The Boosting Cycle Energy boost n Total Power by the ZOOZTER consumption PA \ ! i ne 5 * 220000) 5 7 Sf . maya Grid y A EV Ultra-fast i a 4 YA : nergy use A DC Chargers ' to charge the H ZOOZTER g EMS 8 _ A ra Optimized £ Micro-grid ZOOZTER Power ( SOC% Manageme Demandis : Demandis greater Demandis
Slide 28: DEKRA and QPS evaluation note
• • • • (*) Following an evaluation process with DEKRA’s & QPS’s guidance and monitoring. US systems are field evaluated to UL 9540 in accordance with NEC Article 706.5
Slide 29: DEKRA evaluation note UL 9540
• • (*) Following an evaluation process with DEKRA’s guidance and monitoring in accordance with UL 9540
Slide 30: ZOOZ Flywheel — Mechanism of Action
ZOOZ Flywheel — Mechanism of Action Converting Electricity to Motor Kinetic Energy ACCELERATING CHARGING (converting electricity to) Kinetic Energy )ZOOZ Storing Kinetic Energy with minimal Motor electricity pulse O LEVITATING STORING Kinetic Energy Converting Generator Kinetic Energy To Electricity
Slide 31: Flywheel design features
Sealed to hold vacuum high-speed, high-power, air- cooled, running in vacuum High efficiency, High reliability 0.5 Ton rotor balanced at a precision level of a small Gyro. Inherently safe by design Magnetic Bearing - 3rd Cost-effective, recyclable generation Halbach array Proprietary manuf. process
Slide 32: Flywheel Vs. Li-ion Batteries
Flywheel Vs. Li-ion Batteries Performance & Cost over lifetime » Li-ion batteries: > Suffer from rapid aging & performance degradation » Chemicals-based: Toxic & Flammable ZOOZ Flywheel Batteries Effective Capacity © co) se > ZOOZ Flywheels: » Exceeds 100,000 cycles » Expected lifespan of over 15 ye
Slide 33: Examples of competitors
Note: these are examples of competitors. Additional competitors are active
Slide 34: ZOOZ Target Market Segment
ZOOZ Target Market Segment (2%, ; > & OB a Ly) eRe Single-Charger Small-Medium hubs Large Hubs Site 2-6 chargers >10 chargers Public Fleet Ne Charging Depots / )ZO0o0z e
Slide 35: Various Configurations Supported by ZOOZTERs
Various Configurations Supported by ZOOZTERs # of ZOOZTER needed is pending grid power, # of chargers and site utilization ore0r fs i a 4 S >pppp2>00000p>9>29>000000DDT3y>o0ppp9>990995 Baa oppwnynp»npnasynopwp~nydosByDDNMMWN!DDPPDDPDDDADDDDVDDPPADPDDND —— = * uu 4s 4 oo 150kW - 250kW = ay ay x + r -
Slide 36: The Real Pattern of Multiple Charging Cars
The Real Pattern of Multiple Charging Cars Multiple EV charging simultaneously creates a demand profile characterized with: Short, high-peak surges in power consumption. Low average power demand Efficient grid design & utilization should focus on average power demand, not just peak demand.
Slide 37: Peak-Shaven Pattern of Multiple Charging Cars
“Peak-Shaven" Pattern of Multiple Charging Cars Supported by ZOOZTER™-100 Power Booster TON Full day charging pattern Saved Demand Charge - & Bi Covered by 2 ZOOZT! ais oo kw
Slide 38: 14 May, 2023 15 May, 2023 16 May, 2023
• • • 14 May, 2023 15 May, 2023 16 May, 2023
Slide 39: Case Study — Gradual Growth
Case Study — Gradual Growth Tt stage of site upgrade: Grid upgrade to ~350kW Chargers’ upgrade to 2x300kW (4x150kW) CASE STUDY 2"4 stage of site upgrade: Additional of 3rd 300kW (total of 6x150kW) Addition of 2nd ZOOZTER™: -100 2x ZOOZTER”-100 (+EMS) Site Initial configuration, based on available gr
Slide 40: Collaboration with ON Charging Network
Collaboration with “ON” Charging Network CASE STUDY » Collaborating with “ON” - the leading ultra-fast Charging network in Israel » ZOOZTER™-100 systems & ZOOZ-EMS enable "ON" to upgrade charging sites on Road #6 (Israel's main transportation corridor) » Sites to include more charging ports, allowin
Slide 41: It's time to ZOOZ
. | : ‘ elimina io ie 7 1 gis Group oe marele)iiate 2 = — = Venere / Ultra-fast . | EV rody. ir : 9) AE irs TiME TO z00z