Slide 1: Proxy and Additional Information Notice
This communication is being made in respect of the transactions between Plug Power Inc. (the “Company”) and Amazon.com, Inc. (“Amazon”), and the related issuance of a warrant, described herein. The issuance of the warrant, and the exercise thereof, with respect to shares of the Company’s common stoc
Slide 2: Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about the Company, including but not limited to statements about the Company’s expectations regarding the number and ti
Slide 3: Plug Power Signs Strategic Agreement with Amazon
Background PlugPower and Amazon actively engaged in Spring, 2016 Amazon recognized Plug’s value proposition, including the ability to enhance warehouse productivity First Site Success Under GenKey contract, units were shipped to a site in Q3’ 2016; site went live in Q4 Completed system installation
Slide 4: Large, Multi-faceted Agreement with Clear Benefits
Large, Multi-faceted Agreement with Clear Benefits Potential for Additional Scale Amazon has large and expanding global operations potential to be one of the largest multi-site customers Favorable Terms Full GenKey solution; Structured as customer purchased transaction Visibility to Large Revenue St
Slide 5: Warrant Structure
Warrant Structure Warrants will be priced in two tranches, and will vest based on Amazon’s deployment schedule: Tranche Revenue Performance Transaction Date Warrants as a percentage of fully diluted shares Exercise Price Vesting 1 $ 200M 4/05/2017 12% $1.1893 2.0% up front; 2.5% for every $50M in pa
Slide 6: Plug Power Corporate Headquarters
PLUG POWER Corporate Headquarters 968 Albany Shaker Road, Latham, NY 12110 West Coast 15913 E. Euclid Avenue, Spokane, WA 99216 plugpower.com
Slide 7: Plug Power Corporate Headquarters
PLUG POWER Corporate Headquarters 968 Albany Shaker Road, Latham, NY 12110 West Coast 18913 E. Euclid Avenue, Spokane, WA99216 plugpower.com