Slide 1: Corporate Presentation Q2 2023
wallbox # Corporate Presentatio Q2 2023
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
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
Slide 4: Wallbox Management Team
WALLBOX MANAGEMENT TEAM Founder-led company with an experienced management team from technology, energy and industrial backgrounds “ ‘ . . i — = a ! P Enric Asuncion < we sy i) Co-Founder & Chief wy Executive Officer ¢ y vi @ Eduard Castafieda Oriol Riba Douglas Alfaro Leo Altamira Agplus® Co-Founde
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 500*k 117 20 2 > en k The smarter E AWARD ; as Tom's Guide Project Award d 2023 UNITS COUNTRIES WITH OFFICES ACROSS MANUF
Slide 6: The EV Charging Market
THE EV CHARGING MARKET Mass EV adoption means significant charging infrastructure growth and projected $102bn TAM! in 2030 WHAT IT TAKES TO WIN IN EV CHARGING PROJECTED CUMULATIVE # OF PASSENGER PROJECTED CUMULATIVE # OF GLOBAL CHARGE POINTS Smart Charging ELECTRIC VEHICLES? INSTALLED FOR PASSENGER
Slide 7: Wallbox's Product Portfolio
WALLBOX’S PRODUCT PORTFOLIO! Solutions to empower users at home, at work and in public HOME & BUSINESS CHARGING SOFTWARE SOLUTIONS Pulsar Family 7-22 kw kw myWallbox Charger & energy = management at home & work Copper SB Solar Charging Compatible Electromaps Charger and fleet management incl. EMSP f
Slide 8: Complete Software Solutions
COMPLETE SOFTWARE SOLUTIONS Embedded and interoperable EV charging software to manage chargers and the flow of energy at home, work and in public {ETE SB MYWALLBOX - RESIDENTIAL AND BUSINESS SOFTWARE User-friendly app Cloud based platform Real-time charger management Energy management Over the air u
Slide 9: Our expertise in bidirectional charging & energy management
Our expertise in bidirectional charging & energy management, puts Wallbox in a unique position to solve the challenges of the energy transition
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 _— »
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 INHOUSE DEVELOPMENT & PRODUCTION More than 1,000 Supernova units delivered to date for destination c
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 os Ve Ey »~ 0 @ @ & Nissan HYUNDAI VALUE ADDED DISTRIBUTORS & RESELLERS Mops INeRAM $satrox: Libra g SEAL Gurrenaner purreetoren FEPLONISHH Betek seis, sro = peneaen Se &ED. c
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) + Shanghai and Melbourne offices serve the APAC region i-l NORTH AMERICA (2020) + North America HQ and innovation lab in Mountain View, CA \ + 250,000 unit in-house manufac
Slide 14: Determining Our Future
DETERMINING OUR Wallbox is vertically integrated allowing to contro! the value chain and rapidly adapt to new market developments + Diverse supplier base centrally managed + Resilient procurement process FUTURE + Fully automated and semi- automated production lines on 3 continents + Close control of
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
Slide 16: Earnings Q2 2023
Q2 2023 Earnings ve wallbox uu
Slide 17: Financial Review
FINANCIAL REVIEW Overview — 33 i) 1 Gross Margins of 30% Impacted by returns and Excluding this impact, gross Revenue warranty costs margin would have been 36% IMPACTED BY 2 Cash Cost Reduction of €12.3M over Q4 2022 Rebates Opportunities to reduce costs Expect to meet our previous commitment of Ret
Slide 18: Financial Overview: Reconciliation
FINANCIAL OVERVIEW. Reconciliation’ Unaudited, in € O00’s Operating Loss Change in fair value of derivative warrant liabilities Foreign exchange gains/(losses) Amortization and depreciation Share of profit of equity accounted investee EBITDA Change in fair value of derivative warrant liabilities For
Slide 19: Appendix
Appendix
Slide 20: Consolidated Statement of Profit or Loss
FINANCIAL OVERVIEW. Consolidated Statement of Profit or Loss! YEAR ENDED Unaudited, in € O00’s 31 DECEMBER 2022 2021 Revenue 1441852 71,579 Change in inventories and raw materials and consumables used (85,605)2 (44,253) Employee benefits (88,814}2 (29,666) Other operating expenses (91,555) (43,405)
Slide 21: Cash & Cash Equivalents
FINANCIAL OVERVIEW. Cash & Cash Equivalents YEAR ENDED Unaudited, in € O00’s 31 DECEMBER 2022 2021 Cash and cash equivalents 83,308 113,865 Financial Investments! 5,3972 56,982 Cash, cash equivalents and Financial Investments at 31 December 88,705 170,847 ‘Financial Investments are included in Other
Slide 22: Investments and Long-term Borrowings
FINANCIAL OVERVIEW. Investments and Long-term Borrowings Unaudited, in € O00’s YEAR ENDED 31 DECEMBER 2022 2021 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment 36,262 20,946 Intangible assets - excluding R&D (salaries capitalized) 9,86T! 8,268 Total I
Slide 23: Definitions and Disclosures
Definitions and Disclosures 1 “EBITDA” is defined as loss for the year before income tax credit, financial income, interest expenses, amortization and depreciation. 2 “Adjusted EBITDA” is defined as loss for the year before depreciation and amortization, income tax credits, and financial income and
Slide 24: wallbox
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