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Energica Motor Company S.p.A. The CRP Group – since 1970

✓ The Group is nowadays made up of specialized companies: CRP Meccanica, CRP Technology, CRP Service plus its US-based partner CRP USA. In 2010 CRP Group decided to invest in the new field of sustainable vehicles by creating Energica.

✓ With more than 45 years of experience in the world of F1 and more than 20 years of experience in Additive Manufacturing, CRP Group is distinguished by its know-how in specific application fields including but not limited to: automotive and motorsports, design, aerospace, UAVs, marine, entertainment, defense.

✓ Innovation, investments in research and development, and strategic foresight are the principles that the Group has shared throughout its history.

✓ The CRP story began in 1970. After he gained experience in several mechanical and high precision areas, Roberto Cevolini established his own company for high precision CNC machining in the motorsports sector.

2 CRP Group The CRP Group “Companies working in F1 field have something different in their DNA”

Energica Motor Company S.p.A. The CRP Group – since 1996

• CRP is a pioneer in Additive Manufacturing, having started in 1996 when it was almost unknown in Italy. In the Nineties 3D printing technology was known as Rapid Prototyping: it was a fast, cost effective way to realize new design concepts; it allowed us to create perfect 3D shapes.

• The studies carried out by CRP Technology from 1996 have changed the scenario of Rapid Prototyping introducing a new concept of Additive Manufacturing and 3D Printing: Windform 3D Printing materials have allowed the technology of selective laser sintering (SLS) in order to realize high performing parts for wind tunnel applications as well as finished and functional parts.

• Windform’s mechanical properties made them a layer above 3D Printing, leading from Rapid Prototyping to Additive Manufacturing. The birth and launch of Windform materials has been an important turning point worldwide.

• It occurred in 2005, when we created, produced and launched on the market Windform XT, composite polyamide based material for SLS, the first carbon fiber filled ever.

4 CRP Group The CRP Group – CRP Racing 2006-2010

• CRP Racing was founded in December 2006, as CRP Technology’s Racing Department. CRP Racing’s goal was to become the main point of reference in its market for quality, speed, reliability, ability and service.

• CRP Racing became the leading two stroke tuning firm in Italy, winning the Road Racing Italian Championship and Trophy in 2007 and 2009.

The changeover to green

• In 2009 we decided to bring the “CRP Method” to a new project: the eCRP was the first e-racer to come out of Italy. The CRP’s electric program started

• In 2009, CRP Group took the opportunity to develop a fully electric racing motorcycle and so they started with the eCRP project. CRP made two years of racing that are served primarily as a technology scouting, then in 2011 they started working on the road version, Energica.

• The team started to fit the needs of a streetbike with the new electric technology and the differences of the racing market, from here they arrived at the new version of Energica Ego.

5 CRP Group “Passion allows us to endure bitterness and waivers that ambition would not justify in any way” Enzo Ferrari 6 Energica Motor Company

✓ Energica Motor Company S.p.A. is the first and only so far manufacturer of high-performing electric motorcycles

✓ The soul of Energica Motor Company S.p.A. comes from history and traditions of their natural born area: innovation combines with the genuine engines tradition of Italian Motor Valley. Energica is in fact the first start- up with almost 50 years history, coming from an Italian based high-tech group (the CRP Group) working in Formula1, motorsports and aerospace fields since more than 45 years ago.

✓ Energica Motor Company was officially founded in 2014 and today, after test and homologations, Energica motorcycles are on sales worldwide.

✓ Since January 2016 Energica is publicly listed on AIM Milan Stock Exchange Market, to scale the market and start global production.

✓ Energica has been chosen by Dorna as single manufacturer for FIM Enel MotoE™ World Cup that will start in 2019.

✓ Products

ENERGICA EGO the first Italian high-performing electric sportbike. ENERGICA EVA the streetfighter model. ENERGICA EVA ESSEESSE9 is the “old-school” electric motorcycle

Energica Motor Company S.p.A. Energica Milestones

Start of the Electric motorcycle project (within • Energica new headquarters CRP Group) • Energica EGO launch

2009 2010 2011 2013 2014 2015 2016 2017 2018

• Establishment of • Energica Ego Energica Motor Corsa eCRP – the electric First unveling + participation at Company Srl racebike wins European • Third model demo laps EICMA Electric Championship • Worldwide Demo Eva EsseEsse9 Tour (USA+ EU+ MC) • Record First Location • MotoE Half 2018 statement Sales

Parma

Modena • Stock Market ENERGICA

Bologna

Energica Motor Company S.p.A. Energica Milestones - 2017

• Stefano Benatti new US General Manager • Nr. 3 patents: VCU, eABS, Supply Unit • Energica joins CharIN e.v. to promote CCS technology • ALD Automotive Italia Partnership • Unveiling first Energica Fast Charge Station, Dolomiti • Unveiling 3° model, Eva EsseEsse9 • Dolomites Vives initiative • Legambiente and IDTechEx Awards • New commercial agreements in USA and Europe • IMS Long Beach/New York • New Area Sales Europe • Eicma 2017 • Change of MSRP in USA • Motorcycle Live • Canadian market approach • Premio IngDan

Gen/Feb March/April May June July August Sept/Oct Nov/Dec

CES 2017 – Las Energica FIRST New Area Sales New important Nr 2 New Sales Eicma 2017: Energica @ Manager Vegas, with CRP joins CharIN ENERGICA Wheels&Waves change of MSRP agreement in unveiling 3° Group and CRP e.v., to promote FAST Europe in USA Germany model Eva USA the CCS standard CHARGING Livia Cevolini EsseEsse9 worldwide. STATION New Sales Canadian market Italian Patent and Energica speech @ agreement in New US General Dolomites, Selva TEDxModena approach eABS. European MY2018 Manager Homologation di Val Gardena Germany- Patent Supply Euro 4 achieved Munich Italian Patent Unit Legambiente Partnership with VCU and IDTechEx Apache Custom New commercial Dolomites ALD Awards Motorcycles – agreements: Vives test ride Automotive new electric cafè France, Italy, – Passo Sella Italia IMS Long racer based in US available only partnership Beach/New Energica Eva for EVs York

Motorcycle Live

Premio IngDan

Energica Motor Company S.p.A. Energica Milestones - 2018

• Eva EsseEsse9 launch on market • Energica Day • Energica Ego Corsa unveiling in Rome • Road to Mugello • First Ego Corsa demo lap in • My Electric Tour with Energica Dealers • New commercial agreements in USA and Europe • Brand advocates activities • GCC market approach • Nico Rosberg’s Ego delivery • Ego Corsa Technical Tests during MotoGP • Ernst & Young Mobility Think Tank – calendar Workshop • Record First Half 2018 Sales • Rental formula on Energica bikes • My Electric Deal Gen/Feb March April May June July Aug/Sept

CES 2018 Pirelli Track Day in New Sales My Electric Sales: surprising EY Mobility Think Record First Misano agreement in Deal first quarter Tank (MTT) - KEY Half 2018 Sales Swiss Moto NOTE SPEAKER GCC New brand design US Demo Lap Ego, the best- First Demo Lap revealed during the Unveiling Energica Ego Nico Rosberg’s selling motorcycle New Patent in Energica Ego Ego Corsa demo lap Energica Ego Corsa with Colin Ego delivery China Corsa in Qatar in Assen Corsa in Edwards Ego World Record Rome New Sales - 1,260 Unveiling new EY Mobility New Record with First Quail Motorcycle agreement in kilometres in 24 Sport Think Tank Place Finish at 10th London Gathering event Berlin, North hours Production Motorcycle Carolina Annual REFUEL EV Dept. Track Event Show New Sales Road to Mugello agreement in Energica Day project Road to Valencia MotorBeurs Africa and project – drag Utrecht Texas races with Pirelli E-Mobility Play Days

Energica Motor Company S.p.A. ✓ TORQUE 200 Nm ✓ POWER 107 kW ✓ MAX SPEED Limited at 240 km/h ✓ Fast charge on board: 0-85% < 30 min

Energica Motor Company S.p.A. Eva 107 ✓ TORQUE 200 Nm ✓ POWER 107 kW ✓ MAX SPEED Limited at 200 km/h ✓ Fast charge on board: 0-85% < 30 min Eva 80kW Eva 107 kW

Energica Motor Company S.p.A. ✓ TORQUE 180 Nm ✓ POWER 80 kW ✓ MAX SPEED Limited at 200 km/h ✓ Fast charge on board: 0-85% < 30 min

Energica Motor Company S.p.A. Core Technology

ITALIAN DESIGN FAST CHARGE CONNECTIVITY EGO has an Italian-style, DASHBOARD The only moto with The vehicle can be equipped tubular, craftsman-like A 4,3" Color Display allows great integrated Fast Charge with “short-range” and “long trellis high strength steel flexibility, supporting the flow of range” connectivity services BATTERY PACK frame information and interactivity with the vehicle system PATENTED Lithium-polymer VEHICLE CONTROL UNIT battery with internal designed PATENTED cooling system. EGO’s battery, inverter, Dozens of sensors charger and ABS are and constantly monitored and electromechanical managed by the VCU, devices ensure completely designed and maximum vehicle developed by Energica performance and driver safety PARK ASSISTANT In order to SUSPENSION facilitate parking EGO is equipped and maneuvers with adjustable on slopes or into Bitubo (rear) rush traffic

KEY FEATURES RIDE BY WIRE ENGINEERING TIRES ABS + eABS Top speed: 150 mph / 240 kmh The ride-by-wire system ensure the PATENTED EGO is equipped From 0 to 60 mph / 100 kmh: < 3" perfect driving experience with 4 BRAKES with road- Ego has the latest different engine mappings and 3 gripping Pirelli Torque: 200 Nm (0 to 4700 rpm) Front / rear braking generation ABS different mappings of regenerative Diablo Rosso II Fast charge: >30 minutes (85%) systems provided by BOSCH with rear- braking tires Zero emissions Brembo wheel lift-up mitigation system

Core technology / IP Selected supplier

Energica Motor Company S.p.A. Energica Motorcycles key features

✓ Fully Homologated: Energica are the only electric high- performing motorcycles fully homologated and approved by autorities for both Europe and USA.

✓ F1 and Aerospace Background: Energica benefits in countless and immeasurable ways from the close relationship and consultation with parent company CRP Group - a leader in the Formula 1 and Aerospace industry. The overall culture that distinguishes CRP Group is fully integrated into Energica Motor Company.

✓ R&D: Energica core R&D activities are aimed at achieving knowledge to design new products and improve the ones already on sales. Being the Single Manufacturer of the FIM Enel MotoE World Cup is a crucial point for Energica R&D Team.

✓ The numerous trials and the thousands of kilometers made on the track with the test rider Alessandro Brannetti, are a unique test bench for the development not only for the Ego Corsa racing bikes but also for Energica road bikes for sale to the general public.

✓ Energica is the only electric motorcycle company in the world to have this competitive advantage.

Energica Motor Company S.p.A. Energica Patents

✓ VCU – Vehicle Control Unit. Energica’s battery, inverter, charger and ABS are constantly monitored and managed by one technological jewel: the VCU, completely designed and developed by Energica. This Vehicle Control Unit implements a multi-map adaptive energy, and a power management algorithm manages the electric motorcycle. Carefully monitoring and adjusting the motor’s power according to the throttle thrust 100 times per second while riding.

✓ Supply Unit. This important technical component contains entirely the rechargeable batteries, sealing them in-house. Usually the batteries, contained in this component, warm up: the produced heat dissipates only minimally. Therefore, the batteries contained in the case are subjected to overheating, which would greatly reduce the life cycle. Energica battery case has been designed to avoid this overheating. The case includes a cooling plate made of aluminum and provided with several through holes that communicate outside and cross the cooling plate. Energica is the only electric motorcycle manufacturer to adopt this technology.

✓ eABS. The latest generation eABS mounted on the Energica motorcycle is able to limit the maximum regenerative torque in case of slippery conditions. In particular, the system verifies the presence of friction conditions and, in case of slippery conditions, limits the maximum regeneration torque.

Energica Motor Company S.p.A. Electronics: Energica DNA

✓ Any mechanical, electrical or biological system needs instructions to be able to work.

✓ For biological organisms there is DNA and for software the number of program lines.

✓ The Energica Software has reached 1.1M of program lines (645,000 program lines only for the VCU).

✓ Over 200,000 more than a Space Shuttle

Energica Motor Company S.p.A. Fast Charge

✓ Energica conforms to the international standards CCS (combined charging system).

✓ Energica is the first and only electric motorcycle capable of fast charging with CCS standard (Type 1 & 2)

✓ Thanks to the onboard connector, you can recharge at the DC Fast Charge Stations and the AC Chargers.

✓ When you use the DC Fast Charge Station, the bike can charge at 20kW up to 80/85% of its state of charge (SOC) in about 20 minutes.

✓ This guarantees 120 km of range in less than half an hour.

✓ When using the AC charger, the bike can be charged in about 3.5 hours using the 3kW OBC (On Board Charger).

Energica Motor Company S.p.A. Energica Sales Network

Energica Motor Company Inc., the exclusive distributor for Energica Motor Company SpA, is strengthening its presence on the American territory.

In addition Energica approached African market with a new importer based in Capetown, South Africa. This is the third extra-European market covered after USA, Jordan and GCC.

In Europe, Energica improved its sales network adding new commercial agreements in Germany, France, Italy, Eastern Europe and Ireland

Energica Motor Company S.p.A. Nico Rosberg buys a Ego special edition “Amazing, I feel it so racy, I was flat out inside of the tunnels, and was really a good fun, I went over the grand prix track (Montecarlo F1)… amazing, very special”

Energica Motor Company S.p.A. Energica: single manufacturer for FIM Enel MotoE™World Cup

The FIM Enel MotoE™ World Cup is becoming a reality in 2019, ushering in the beginning of a new era for two- wheeled motorsport: sustainable and environmentally aware competition on electric motorcycles.

Energica is the single manufacturer chosen by Dorna for the FIM Enel MotoE™ World Cup. A tuned version of Energica Ego, Ego Corsa, will be used by teams that will race the FIM Enel MotoE™ World Cup.

The R&D team is already committed on this bike, working on driveability on the track, and then on track specifications. Testing demo program is taking place during the 2018 MotoGP™ World Championship.

Energica Motor Company S.p.A. Max Biaggi for MotoE demolap @ Mugello 2018 «I was very surprised the way the power delivery comes through (…) the power curve is very gentle (…) it pushes you strong out of the corner, it keeps pushing until 250km/h, (…) I was impressed»

Energica Motor Company S.p.A. MotoE Testimonials

During the MotoGP Season a series of demo laps were attended with legend riders:

Colin Edwards Randy Mamola Franco Uncini Max Biaggi Randy De Puniet And others…

Energica Motor Company S.p.A. Energica Coverage

Thanks to the great work done so far, Energica has been featured in the main International media and broadcasters.

Energica Motor Company S.p.A. Energica 2018 Exhibition – Intermot 2018

✓ Energica was present at Intermot 2018 to present the new 2019 models and reveal the new Ego Sport Black.

✓ This was the first year for Energica at the famous German biennial motorcycle show, in a key market for the company’s commercial development. Currently, there are five Energica dealerships in Germany.

Energica Motor Company S.p.A. Energica 2018 Exhibition – Eicma 2018

✓ For the 8th consecutive year Energica Motor Company S.p.A. was present at Eicma 2018.

✓ The Italian manufacturer of high-performing electric motorcycles unveiled the new MY2019 models, new electronic features, the new Bolid-E prototype in collaboration with Samsung and Energica Ego Corsa, the racebike of the next FIM Enel MotoE World Cup.

✓ New Electronic Features:

✓ Traction Control: A sophisticated traction control system configurable for six levels of intervention will combine the existing eABS and the Bosch ABS for an even more exciting, yet safe riding experience. ✓ Cruise Control: Each Energica bike will be equipped with a sophisticated cruise control system that uses the electronic brake to maintain speed and increase braking energy. ✓ New Electronic Throttle Control: New command increases the (already high) safety standardspresent on Energica motorcycles and increases the linearity and precision of the torque control.

Energica Motor Company S.p.A. Energica – Smart Ride project in collaboration with Samsung Bolid-E prototype

Samsung Electronics Italia and Energica Motor Company S.p.A., unveiled Smart Ride, a project that has as its aim a completely new riding experience.

✓ Bolid-E prototype The prototype conceived by Energica Motor Company for Smart Ride has been designed starting from the electric old-style Eva EsseEsse9, the newly proclaimed Best Electric Bike of the Year 2018. The result is “Bolid-E”, a speed machine which exalts the concept of speed as an emotion: a futuristic motorbike in which Samsung technologies and Energica expertise come together.

✓ Smart Ride project Smart Ride, a project managed and developed in all its phases in Italy by Samsung and Energica, aims at making possible the interaction - through NFC and Bluetooth connectivity - between Samsung Galaxy Watch and the Energica motorbike, guaranteeing a brand new riding experience. The Energica motorbike is also fitted with intelligent mirrors. The Head-up Displays consist of two Samsung Galaxy A series devices integrated into mirrors which, thanks to the videos generated by the two cameras – one rear and one front – on the motorbike, revolutionize road safety, analyzing images in real time and warning the rider of any hazards and obstacles ahead.

Energica Motor Company S.p.A. Energica at Nova Conference New York

✓ Energica CEO Livia Cevolini was present as speaker at The XVIII NOVA Conference, important event that gathered Italian MBA students, business leaders and public figures (like Stefano Domenicali, Gianni Riotta and Francesco Profumo) for a 3 day event in New York City, last November 9h-11th

Energica Motor Company S.p.A. Global Electric Motorcycles Market

✓ 2018 is going to be another great year for plug-ins: 783 000 units were delivered during H1 2018, a gain of 66 % over the same period last year. Preliminary results for July show an increase of 53 % over July 2017.

✓ Among the fastest growing markets for the first 6 months were China (+105 %), Canada (+168 %), The Netherlands (+126 %), South Korea (+169 %), Spain (+99 %,) Finland (+148 %), Denmark (+691 %), Portugal (+119 %) and (+98 %).

✓ EV Volumes.com* forecasts 2,1 million worldwide plug-in sales for 2018, thereof 350-360k in the US, 420-430k in Europe, 1150k in China and 160k outside the aforementioned.

*Source EV Volumes.com

Energica Motor Company S.p.A. Global Electric Motorcycles Market

✓ The EV2 market is much less advanced than EV4 EV’s registered per 1,000 as the explicit focus of worldwide science and people – Europe vs. U.S. and public policy has been on automotive category; California 2016. bikes have not been on the radar.

CALIFORNIA leads the way. ✓ In comparison to EV4 sales, EV2 sales of all types both consumer and government purchases, were less than 2.4K in the U.S. in 2017, amounting to just 0.4% of overall U.S. motorcycle units.

✓ In the absence of worthwhile EV2 data it’s appropriate to look back at the automotive world. EV are just 0.3% of U.S. cars, with 764K in operation.

✓ < 200K EV were sold in the U.S. in 2017 – versus 17M cars.

✓ Even though this may just be 1.2% of all car sales, it’s an increase of 26%, when ICE cars Top 10 Countries are down - 0.71%. EV in Operation 2017 Incl. California. ✓ In April 2018, 7.83% of all car sales in California were EV – and 10% is expected by the end of the year.

*Source Jeff Cobb - HybridCars.com

Energica Motor Company S.p.A. The Experts Say That the Future is Electric

Annual Global EV Sales by Market

✓ Despite current obstacles, the growth of EV to at least a third of consumer vehicles is widely predicted, even in the United States.

*Source Bloomberg New Energy Finance Report 2017

Energica Motor Company S.p.A. The Experts Say That the Future is Electric

Penetration of EV New Car Sales by Market – Short-Term and Long-Term

✓ The adoption of EV will accelerate as technical and infrastructure issues are resolved, and as government incentives and mandates intensify.

✓ So Electric is inevitable – but to satisfy the need of motorcyclists for performance and excitement a new product is needed.

*Source Bloomberg New Energy Finance Report 2017

Energica Motor Company S.p.A. FlyMove Partnership

Energica has signed a partnership with the FlyMove holding for the "Dianchè Smart Mobility Platform - SMP" project.

SMP is today the unique project for land/air mobility that foresees a fully integrated supply chain form self generation of energy to materials and final vehicles, with a minimal energetic and environmental impact. SPM has decided to involve Energica for the design and construction of an electric vehicle prototype suitable for battery swap and mainly for urban use.

"We have decided to be part of this innovative platform because of its uniqueness, compared to many other proposals we received so far", said Livia Cevolini, CEO of Energica Motor Company S.p.A. "FlyMove is an excellent opportunity to approach different segments from ours with excellent brands like Bertone“.

Energica Motor Company S.p.A. Analyst Coverage

“Fit to race: waiting for the FIM Enel MotoE World Cup”

● “Energica Motor Company (EMC) is the first Italian manufacturer of high-performing electric motorcycles for high net worth individuals with a worldwide dealer’s network.” ● “EMC has been chosen by Dorna, the commercial and television rights holder for MotoGP, as the only provider for the FIM Enel MotoE World Cup, the 100% electric motorcycles competition that will take place from May ’19, for the next 3 racing seasons.” ● “EMC has been listed on AIM Milan Stock Exchange Market since Jan. ’16.”

Fidentiis Equities Analyst Coverage available on Energica Investors Relations section

Energica Motor Company S.p.A. Energica Motor Company S.p.A.