Einride AB · NASDAQ:ENRD
Einride AB — SPAC Merger (March 2026)
26 slides from Einride AB's SPAC merger presentation, Mar 20, 2026
Slide 1: The next step in the evolution of road freight
The n e xt s t ep in t he e v olution of r oad f r eight. EINRIDE 2026 AUSTIN, TX
Slide 2: Disclaimer (1/3)
Disclaimer (1/3) Disclaimers and O t her Impo r tant In f ormation This p r esentation, including a n y accompa n ying o r al p r esentation ( this “P r esentation”), has been p r epa r ed solely f or in f ormational purposes in connection wi t h a po t ential business combination ( t he “P r oposed
Slide 3: Forward-Looking Statements
F or wa r d - Looking Sta t emen t s This P r esentation contains ce r tain f or wa r d - looking sta t emen t s wi t hin t he meaning of t he U .S. f ede r al securities laws wi t h r espect t o t he P a r ties and t he P r oposed Business Combination, including e xpectations, hopes, belie f s, in
Slide 4: Industry and Market Data
Indust r y and Mar k et Data This P r esentation has been p r epa r ed b y t he P a r ties and t heir R ep r esentati v es and includes mar k et data and o t her statistical in f ormation f r om t hi r d - pa r ty industr y publications and sou r ces as w ell as f r om r esea r ch r epo r t s p r ep
Slide 5: With you today
Chief E x ecuti v e Officer Chief T echnology Officer Chief Financial Officer Wi t h y ou t od a y
Slide 6: Agenda for today
A genda f or t od a y W e will ans w er 3 k e y questions: 1. WH A T WE DO 2. H O W IT W OR K S 3 . H O W WE C APTURE V ALUE
Slide 7: What we do
What w e do A plat f orm compa n y driving t he t r ansition t o au t onomous, electric and AI - optimi z ed f r eight f or some of t he w orld's la r gest shippers
Slide 8: Key stats and global presence
U S A Eu r ope UAE Select cus t omers 1 4 . 9M+ Electric Miles Dri v e n (5) 3 , 300+ Dri v erless Hours in Contrac t ed Cus t omer Ops (6) 460 k + E x ecu t ed Shipmen t s (4) $800M+ JBPs (3) P o t ential Long - t erm ARR Select i n v es t ors K e y sta t s Global p r esence wi t h st r ong cus t o
Slide 9: The heavy-duty road freight industry requires transformative improvements
The he a vy - duty r oad f r eight indust r y r equi r es t r ans f ormati v e imp r o v emen t s 1. Utilization as a function of fill ra t e, dead head and operating hours, asset up - time Sou r ce: Statista, Fr eightw a v es, IR U , NREL, Supply Chain Dri v e, F ederal Highw a y Administration, Mc
Slide 10: Einride's platform approach addresses all key cost drivers
Einride's plat f orm app r oach add r esses all k e y cost dri v ers, deli v ering superior cost leadership and r eliability + + A sset cost Baseline cost Einride cost Labor cost Ene r gy cost Illust r ati v e only – numbers subject t o specific ope r ating conditions
Slide 11: Cost and operational efficiencies create a flywheel effect of customer value
Cost and ope r ational efficiencies c r ea t e a flywheel ef f ect of cus t omer v alue Saga AI Cus t omer onboa r ding or e xpansion AI optimization of cus t omer fleet T r ans f ormation of r ou t es t o electric / au t onomous Ongoing ope r ations of electric/ A V fleet & cha r ging Acquisition o
Slide 12: Serving shippers the Einride way reinforces competitive advantages
Se r ving shippers t he Einride w a y r ein f o r ces competiti v e ad v antages I. End - t o - end plat f orm of f ering Shippe r - centric app r oach, long - t erm cont r ac t s secu r e loc k - in ef f ec t s f or r ecurring r e v enues II. Unique data ad v antage f or logistics AI P r oprieta r
Slide 13: Einride continues to show substantial momentum
Einride continues t o sh o w substantial momentum R ecent catalys t s A cc mo ele r ating comme r cial mentum, including pa r tnering wi t h major n ew cus t omer ntinued e xpansion of Co aut onomous depl o ymen t s and cont r ac t s, including dual - use applications O v e no rsubscribed PIPE of $1
Slide 14: How it works
H o w it w orks The technology behind t he success
Slide 15: End-to-end technology solution for cost-optimizing road freight
End - t o - end technology solution f or cos t - optimizing r oad f r eight, globally Enabling T echnologies & Infr astructu r e 1 Data Collection Inf r astructu r e Electric T rucks f or F r eight Se r vice Cha r ging Inf r astructu r e Sensors and Compu t e Connectivity Inf r astructu r e T r ansp
Slide 16: Einride's autonomous ML stack covers end-to-end AD functionalities
1 I Einride ʼ s au t onomous ML stack c o v ers end - t o - end AD functionalities E2E Machine Learning all t he w a y Moni t o r ed & in t erp r e t ed output La r ge f oundational models Comme r cially depl oy able & sa f e GNSS RTK V ehicle motion sensors Lidar Came r a Radar Seconda r y rule - b
Slide 17: Cost-efficient, reliable electric freight powered by data nexus
2 I Cos t - efficient, r eliable electric f r eight P o w e r ed b y Einrides unique data n e xus Einride T r anspo r t Sui t e Digital F r eight Plat f orm Unlocking t he po t ential of AI f or cus t omers Managed b y Einride Einride Cha r ge Sui t e Cus t omer p r oduc t s Einride ʼ s unique data
Slide 18: How we capture value
H o w w e captu r e v alue Co r e business models of FCaaS and T echnology Licensing p r o vide stick y ARR and enormous long tail of g r o w t h oppo r tunity
Slide 19: Einride builds long-term demand through deep customer analysis and roadmaps
Einride builds long - t erm demand t h r ough deep cus t omer analysis and r oadmaps, t o t hen e x ecu t e tailo r ed depl o yment models P o t ential ARR in Joint Business Plans per v e r tica l (1) Illust r ati v e Joint Business Plans f r om st r a tegic analysis t o impact 1) D e v elop a holis
Slide 20: Einride licenses its AD stack to outside buyers
Einride licenses i t s AD stack t o ou t side bu y ers (OEMs, de f ense, e t c.) Einride handles e v e r y t hing, f r om financing electric trucks t o sou r cing dri v ers Thi r d pa rties o wn and opera t e t he v ehicles; Einride supplies Saga AI Similar t o electric trucks, but wi t h an au t on
Slide 21: FCaaS: Einride's primary contracting model
1 I FCaaS: Einride's prima r y cont r acting model f or f r eight depl o yment F r eigh t - Capacity - as - a - Se r vice capacity utili z ed V arious ancilla ry f ees Se r vice End - t o - End se r vice (planning, sou r cing, depl o yment, e t c ) and Joint Business Plans Expec t ed cont r act du r
Slide 22: FCaaS: Increased utilization expected to drive higher revenue and margins
1 I FCaaS: Inc r eased utilization is e xpec t ed t o dri v e higher r e v enue and imp r o v ed contribution ma r gins Electric truck FCaaS po t ential r e v enue per v ehicle ($k) and contribution ma r gin (%) d e v elopment Est. unit ARR, $k Est. cont r . Ma r gin, % 295 - 335 330 - 3 7 0 380 - 4
Slide 23: FCaaS: Unit economics improve as autonomous capabilities scale
1 I FCaaS: Unit economics imp r o v e significan t ly as au t onomous FCaaS capabilities scale Au t onomous T ruck FCaaS po t ential r e v enue per v ehicle ($k) and contribution ma r gin (%) d e v elopment Est. unit ARR, $k 295 - 335 160 - 200 130 - 1 7 0 Est. cont r . Ma r gin, % 20 - 25% 55 - 65%
Slide 24: Technology licensing: future revenue expected to shift towards license fees
20% - 30% Estima t ed cost s a vings passed t cus t omers o 2 I T echnology licensing: F utu r e r e v enue is e xpec t ed t o shift o v er time t o wa r ds license f ees Saga AI licensing ADS licensing $380 - 420k Long - t erm electric truck FCaaS ARR per v ehicle X 2 . 5% - 3 . 5% Annual license f
Slide 25: What's next for Einride
Wha t ʼ s n e xt f or Einride II. A ccele r ating comme r cial momentum: K e y pa r tnerships, including a major n e w cus t omer III. On t r ack t o go public in H1 2026: The t r ansaction is e xpec t ed t o deli v er $333 million in g r oss p r oceeds including t he PIPE financing and $220 million
Slide 26: Einride
a e i n r i d e