Plug Power, Inc. · NASDAQ:PLUG

Plug Power — 2025 Powering Productivity Webinar

31 slides from Plug Power's conference presentation, June 2025

  1. Slide 1: Powering Productivity: Hydrogen Fuel Cells Transforming Material Handling

    Powering Productivity: Hydrogen Fuel Cells Transforming Material Handling Chris Barnett VP North American Sales Copyright 2024, Plug Power Inc.

  2. Slide 2: Agenda

    Agenda • Introduction • Industry Trends & Challenges • Hydrogen-Powered Solutions: Transforming Operations • Fuel Cells for Automated Guided Vehicles • Case Studies • Adoption, Process and Execution • Plug’s Integrated Hydrogen Ecosystem • Key Takeaways 2

  3. Slide 3: Industry Trends and Challenges

    Industry Trends and Challenges Over the past years, the material handling and supply chain industry has undergone significant transformation Copyright 2023, Plug Power Inc.

  4. Slide 4: Trends and Challenges

    Trends Challenges Sustainability & Decarbonization: Growing demand for Infrastructure & Energy Supply: Expanding charging low-emission solutions, including alternative energy and refueling networks while ensuring scalable, reliable sources. power sources. Automation & Robotics: Increasing use of aut

  5. Slide 5: Hydrogen-Powered Solutions: Transforming Operations

    Hydrogen-Powered Solutions: Transforming Operations While these trends and challenges continue to shape the industry, hydrogen powered solutions have already been transforming operations with greater efficiency, sustainability and scalability. Copyright 2023, Plug Power Inc.

  6. Slide 6: Electric Forklift Power Options

    Electric Forklift Power Options Understanding the options for powering material handling trucks Lead-Acid Batteries Lithium-Ion Batteries Fuel Cells Grid Powered Hydrogen Powered

  7. Slide 7: Fuel Cells vs. Batteries

    Fuel Cells vs. Batteries Fuel Cell powered forklifts and AGVs offer marked benefits over those employing batteries. Copyright 2023, Plug Power Inc.

  8. Slide 8: Labor Cost and Downtime Elimination

    Labor Cost and Downtime Elimination 10,000+ • Unproductive operator cost reduction during battery changes and recharging. labor hours saved per year on average for a • Average Lead-acid battery takes 15 minutes to swap. 200-forklift facility • Average Li-ion takes 6 minutes of company time just to s

  9. Slide 9: Fuel Cells Increase Revenue Capacity

    Fuel Cells Increase Revenue Capacity 10,000 • Increase square footage for product instead of battery Sq ft of floor space freed management. in 200-forklift facility • No need for a lead-acid battery changing or charging room. • No need for 1:1 li-ion/lead-acid battery charging stations. • One fuel c

  10. Slide 10: Equipment Productivity Increases

    Equipment Productivity Increases Fuel cells maintain 100% power, 100% of the time; eliminating battery droop. Up to Maintains constant power even in facilities at -22°F, compared to Lead acid or Li-ion batteries that do not. 10% higher productivity than lead-acid batteries Increased equipment produc

  11. Slide 11: Fuel Cells Decrease Your Grid Dependence

    Fuel Cells Decrease Your Grid Dependence Up to $0.112 25-30% of electricity usage at distribution centers is attributed $0.102 to lead-acid battery charging during regular hours $0.098 $0.083 Significant increase in electricity charges during peak demand $0.068 $0.065 $0.063 time due to opportunity

  12. Slide 12: Reduced Total Cost of Ownership

    Reduced Total Cost of Ownership Significant savings with fuel cells BATTERY DROOP compared to li-ion and lead-acid PRODUCTIVITY LOSS BATTERY CHANGING TIME & LABOR CHARGING & BATTERY CHANGING FLOORSPACE CHARGING FLOORSPACE DISPENSER AND SERIVCE UNPRODUCTIVE OPERATOR UNPRODUCTIVE OPERATOR AREA FLOORSP

  13. Slide 13: Sustainability matters

    Reason Sustainability matters. 2 Companies are weighing the environmental impact of batteries versus fuel cells.

  14. Slide 14: Zero Emissions Power: Fuel Cells

    Zero Emissions Power: Fuel Cells ZERO-EMISSION POWER Power is generated via an electrochemical process Hydrogen fuel cells (HFCs) produce no harmful emissions, the only by-products using hydrogen and oxygen with water as the are heat and water, making our products byproduct. a zero-emission, sustain

  15. Slide 15: The Environmental Comparison

    The Environmental Comparison • Green hydrogen drives significant reduction of GHG emissions. • No combustion during fuel cell operation. Up to No harmful emissions or personnel contact with toxic materials. 85% • • Fuel cells can be safely recycled Reduction in greenhouse gas emissions compared Batt

  16. Slide 16: Electrification is stressing the grid

    Reason Electrification is stressing the grid. 3 Alternative sources of electricity required to supplement the grid.

  17. Slide 17: The Pressing Challenges with the Grid

    The Pressing Challenges with the Grid are: Upgrade Cost The impact of all these factors should Environme Availability ntal be considered when Threats choosing electric technology. Electricity Reliability Cost

  18. Slide 18: Scenarios for US Electricity Demand by 2050

    Scenarios for US Electricity Demand by 2050 Big demand increases as the transportation, building, and heavy industry sectors electrify. Sourcing alternative sources of electricity is essential to individual operations and overall grid health.

  19. Slide 19: Fuel Cells and Hydrogen Produce Electricity On-site

    Fuel Cells and Hydrogen Produce Electricity On-site Regardless of the price or availability of the grid, fuel cells can maintain users’ growth.

  20. Slide 20: Future of Manufacturing: Hydrogen-Powered AGVs

    Future of Manufacturing: Hydrogen-Powered Automated Guided Vehicles (AGVs) Hydrogen fuel cell robots are increasing efficiency in manufacturing. Copyright 2023, Plug Power Inc.

  21. Slide 21: Fuel Cell AGVs

    Fuel Cell AGVs Driverless mobile robots that transport materials within facilities, enhancing operational efficiency. Why AGVs Matter? Reduce labor costs, increase safety, and optimize workflow in manufacturing. Run 24/7 with no operator. Why Hydrogen for AGVs? Fast 3-5 min refueling, 12+ hours of r

  22. Slide 22: North America: Accelerating AGV Adoption

    North America: Accelerating AGV Adoption •Rapid Growth in Automation: The AGV market in the U.S. is expanding due to rising automation in e-commerce, automotive, and healthcare logistics. •Labor Shortages & Rising Costs: Businesses are increasingly turning to robotic material handling to offset work

  23. Slide 23: Fuel cells further increase the real economic benefit of AGVs

    Fuel cells further increase the real economic benefit of AGVs Real customer data tells us this. The Challenge: Battery-powered AGV fleets face 20% downtime, requiring 5-6 hours of daily charging plus 8 hours of weekly maintenance. The Solution: GenDrive fuel cells refuel in minutes, run 12+ hours, a

  24. Slide 24: Our Customers

    Our Customers Let’s look at some corporations across the world running on fuel cells.

  25. Slide 25: America Runs on Plug

    America Runs on Plug RETAIL DISTRIBUTION Plug Power fuel cells power material handling applications from warehousing to distribution to manufacturing. They provide reliable, 24/7 operation and act as a FOOD DISTRIBUTION critical element of the national food and grocery supply chain. 30% of all groce

  26. Slide 26: Food & Beverage Warehousing

    Food & Beverage Warehousing Situation: Operates a 24/7 cold storage and freezer facilities. The freezer conditions were tough on forklift batteries. The cold sapped both battery power and staff morale. Situation: Plug Solution: Wegmans had plans to develop a 420,000 sqft refrigerated and frozen dist

  27. Slide 27: Automotive & Manufacturing / Retail

    Automotive & Manufacturing Retail Situation: Situation: With lead-acid batteries, BMW faced challenges associated with lead-acid battery acid corrosion and employee safety. Home Depot has committed to reducing its environmental The also wanted to maintain productivity in a sustainable way. footprint

  28. Slide 28: Process: Plug Takes Care of It All

    Process: Plug Takes Care of It All Agreement Installation Construction Signed Plan & Begins Drawings Drawing Delivery and approvals and installation of permitting phase hydrogen infrastructure First Fills Commissioning With Hydrogen Dispenser Final test and Train employees check of the on GenFuel sy

  29. Slide 29: Why Do Companies Select Fuel Cells?

    Why Do Companies Select Fuel Cells? More efficient warehouse Clean operations and green operations resulting in significant hydrogen powered forklifts cost savings Green Hydrogen Reduced Labor Costs Plug has started delivering green More employees allocated to revenue hydrogen to its customers. gene

  30. Slide 30: For more information:

    For more information: Speaker email: cbarnett@plugpower.com Website: www.plugpower.com

  31. Slide 31: Green Hydrogen at Work

    Green Hydrogen at Work™

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