Slide 1: Industry Leader in Lithium Battery Power Solutions
Industry Leader in Lithium Battery Power Solutions Second Quarter 2024 Financial Results Conference Call NASDAQ: XPON Corporate Presentation August 14, 20241
Slide 2: Important Cautions & Disclaimers
Important Cautions & Disclaimers NASDAQ:XPON 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 s
Slide 3: Agenda
Agenda NASDAQ:XPON Brian Schaffner CEO • 30+ years of executive experience in a variety of capacities including CEO, CFO, CIO and • Introduction and Corporate Overview controller. • Q2 2024 & Subsequent Highlights • Former CEO of Capital Physical & Hand Therapy, a multi-site healthcare organization.
Slide 4: Corporate Overview
Corporate Overview NASDAQ:XPON Expion360 is an industry leader of premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, and Light Electric Vehicles (LEVs), now entering the home energy storage and industrial markets. • Experts in design an
Slide 5: Second Quarter 2024 and Subsequent Highlights
Second Quarter 2024 and Subsequent Highlights NASDAQ:XPON • April 18, 2024: Announced substantial preorders of next generation Gen Group 27 and GC2 Series batteries with proprietary Vertical Heat Conduction technology driven by customer demand. Shipments to fulfill pre-orders began in May. • April 3
Slide 6: Battery Portfolio Evolution
Battery Portfolio Evolution NASDAQ:XPON Strategic Positioning in Established & Future Premium Markets LiFePO4 Batteries Power: Recreational Boating & Light Electric Home Energy Industrial Vehicle & Overland Marine Vehicle Storage Applications Systems and appliances Trolling motors and operating Golf
Slide 7: e360 Home Energy
Future Market Expansion e360 Home Energy NASDAQ:XPON • e360 Home Energy: Recent public offering completed to advance commercialization of Home Energy Solutions • High margin solution provides scalability and versatility • Recurring revenue opportunity • Target Market • Home and small commercial sola
Slide 8: Technology Advantages
Technology Advantages NASDAQ:XPON • Overall: compact, high-capacity and significant reliability • Lithium-Iron Phosphate Chemistry: recognized as among e360 12 volt 450 Ah battery features the safest battery chemistries new proprietary anode/cathode design that increases energy density • 2-3 Times F
Slide 9: Superior Aesthetics, Design, Materials and Construction
Why Customers Choose E360 Superior Aesthetics, Design, Materials and Construction NASDAQ:XPON QUALITY CONNECTIONS Oversized brass terminal pads. Plainly and permanently marked polarity. HIGH-PERFORMANCE • Rugged Design: IP66-rated enclosures for BATTERY MANAGEMENT SYSTEM Under or overvoltage shutdow
Slide 10: Vertical Heat Conduction (VHC) internal heating technology
Why Customers Choose E360 Vertical Heat Conduction (“VHC ”) internal heating technology 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 batteries.
Slide 11: Product Line for Use Across Markets
Product Line for Use Across Markets NASDAQ:XPON 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 Edge SmartTalk AURA Powercap
Slide 12: Go-to-Market Channels
Go-to-Market Channels NASDAQ:XPON Dealer Direct Distributors OEMs Private Label • Our distributors provide us access • Offers customers a scalable • Our standardized products sold • Sell directly to dealers who offer to thousands of retail store integrated power system under client’s existing brand
Slide 13: Second Quarter 2024 Financial Highlights
Second Quarter 2024 Financial Highlights NASDAQ:XPON Three Months Ended June 30 $ in millions 2024 2023 Revenue $ 1.3 $ 1.7 Gross profit $ 0.3 $ 0.5 Gross margin (%) 25.5% 26.3% Selling, general and administrative expenses $ 2.0 $ 2.0 Net loss $ 2.2 $ 1.5 $ in millions June 30, 2024 December 31, 202
Slide 14: Closing Summary
Closing Summary NASDAQ:XPON • We remain confident about our growth trajectory for 2024. • 2024 RV industry shipments are up 8.4%1 year-over-year through June 2024. • We are expanding our addressable market by continuing to pursue the ongoing development of Home Energy Solutions. • We strive to share
Slide 15: Q&A Contact Us
Q&A Contact Us 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 www.mzgroup.us 15