Slide 1: Industry Leader in Lithium Battery Power Solutions
EXPIONS6O. Industry Leader in Lithium Battery Power Solutions First Quarter 2025 Financial Results Conference Call NASDAQ: XPON Corporate Presentation May 15, 2025
Slide 2: Important Cautions & Disclaimers
Important Cautions & Disclaimers Certain statements contained in this presentation (this “Presentation”) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements ar
Slide 3: Introduction and Corporate Overview
Introduction and Corporate Overview Q1 2025 & Subsequent Highlights Strategic Positioning in Premium Markets e360 Home Energy Financial Results Closing Summary Q&A Brian Schaffner CEO, Interim CFO, Director + 30+ years of executive experience in a variety of capacities including CEO, CFO, CIO and co
Slide 4: Corporate Overview
Corporate Overview &: NA’ NIN Expion360 is an industry leader of premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, Light Electric Vehicles (LEVs), and home energy storage solutions (HESS), as well as possible future expansion into indu
Slide 5: First Quarter 2025 & Subsequent Highlights
First Quarter 2025 & Subsequent Highlights FXPINNAG N XPON * Began to fulfill purchase orders for Home Energy Storage © Employing tariff mitigation strategies Solutions (“HESS”) in January 2025 * Working with our resources in Washington, D.C. ¢ Continued working with NeoVolta Inc. (Nasdaq: NEOV), a
Slide 6: Battery Portfolio Evolution
Battery Portfolio Evolution LiFePO4 Batteries Power: Recreational Vehicle Boating & Light Electric Vehicle | Home Energy Storage & Overland Marine Systems and appliances replacing | Trolling motors and operating Golf carts with sufficient power} New home and commercial solar noisy generators for off
Slide 7: Future Market Expansion: e360 Home Energy
¢ Future Market Expansion e360 Home Energy EXPIANSSO NASDAQ:XPON ¢ January 2025 — Commenced shipping e360 Home Energy Storage Solutions. ¢ High margin solution provides scalability and versatility e Recurring revenue opportunity ¢ Target Market - Home and small commercial solar users and installers
Slide 8: Technology Advantages
Technology Advantages EXPIANARS NASDAQ:XPON © Overall: compact, high-capacity and significant reliability ¢ Lithium-lron Phosphate Chemistry: recognized as among the safest battery chemistries e360 12 volt 450 Ah battery features new proprietary anode/cathode design that increases energy density by
Slide 9: Superior Aesthetics, Design, Materials & Construction
Why Cus sey Superior Aesthetics, Design, Materials & Construction EXPIOIN AQ: XPON Rugged Design: IP66-rated enclosures for protection in variety of environments. Easy placement and integration. Fiber Glass Infused ABS Plastic for Enhanced Strength UL-94 VO FIRE RATED IP66 Dust and Water Ingress Pro
Slide 10: Why Customers Choose E360
Why Customers Choose E360 Vertical Heat Conduction™ (“VHC™”) internal heating technology EXPINNAGO NASDAQ:XPON Patent-pending innovation representing a significant breakthrough in battery performance, particularly in cold climates. Now included in the next generation Group 27 and GC2 12V series batt
Slide 11: Product Line for Use Across Markets
Product Line for Use Across Markets EXPIONSGO NASDAQ:XPON vic” 3 vHc 12V Group 24 12V Group 27 12V Group 27 12V GC2 48V GC2 LiFePO4 SmartTalk™ & VHC™ SmartTalk™ & VHC™ SmartTalk™ 60Ah, 80Ah, 95Ah 100Ah, 120Ah 100Ah, 132Ah 144Ah, 162Ah 36Ah 12V EX1 12V EX1 SmartTalk™ 12V EX2 Edge SmartTalk™ & 48V EX2
Slide 12: Dealer, Direct, Distributors, OEMs, Private Label
pe Dealer Direct Distributors OEMs Private Label ictril i Our standardized products sold under sselidirectiytoldealers whovoren . a dtrptors ae ‘ abcess to 0 Offers customers a salable ; enters ting Bae Expion360 products to their customers thousands of retail store locations integrated power system
Slide 13: First Quarter 2025 Financial Highlights
First Quarter 2025 Financial Highlights EXPINNSGO NASDAQ:XPON. Three Months Ended March 31 $ in millions 2025 2024 Revenue $ 2.0 S$ 1.0 Gross profit S 0.5 Ss 0.2 Gross margin (%) 24.5% 22.9% Selling, general and administrative expenses S 1.6 Ss DP Net toss S (1.2) S (2.2) $ in millions March 31, 202
Slide 14: Closing Summary
Closing Summary FXPINNAG NASDAQ:XPON ¢ We remain confident about our growth trajectory for 2025 - Purchase orders from existing customers are increasing - New customers expressing interest in our products - Sequential growth expected to continue ¢ Focus on safety, quality, and service is paying off
Slide 15: Lithium Power Solutions
LITHIUM POWER SOLUTIONS Expion360 Headquarters 2025 SW Deerhound Ave. Redmond, OR 97756 Tel +1 (541)797-6714 Investor Relations Contact Chris Tyson, Executive Vice President MZ Group - MZ North America 949-491-8235 XPON@mzgroup.us Wwww.mzgroup.us