GLOBAL E-MOBILITY M&A OUTLOOK 2019 This e-Mobility transactions outlook is brought to you on a quarterly basis Q1

THIS QUARTER’S GUESS? THIS QUARTER’S $1.908.042.199,-* RUNNER-UP GLOBAL TOP 3 BASED ON 22 TRACEABLE FUNDING DETAILS $ 80 - 100 MLN? $ 62 MLN FOUNDED: MAY 2018 TOTAL OF 29 TRANSACTIONS WHAT? E-SCOOTER OEM AND 7 COMPANIES DIDN’T SHARE FINANCIAL DETAILS MOST POPULAR SERVICE PROVIDER TRANSACTIONS PER EV INDUSTRY LEAD INVESTOR: TARGET GLOBAL

FOUNDERS: LUKASZ GADOWSKI $ 700 MLN EV VEHICLE MANUFACTURER - 14x (DELIVEROO HERO), CARLOS BHOLA AND TIM RUCQUOI-BERGER LEADINVESTOR AMAZON

CHARGE POINT OPERATOR (CPO) – 3x TEAM: 114 WITHIN ONE YEAR (ex MOST ACTIVE UBER, AIRRBNB, AMAZON) EV SERVICE PROVIDER (EVSP) – 3x MAIN COMPETITORS: LIME, BIRD, INVESTORS VOI, TIER AND TAXIFY BATTERY MANUFACTURER – 3x

CHARGE POINT MANUFACTURER – 2x $ 600 MLN 2x 2x 2x LEADINVESTOR THE9

*Since not all financial details are published the total estimated value is over $ 2 billion.

$ 446 MLN WE SUPPORT GROWTH AMBITIONS IN E-MOBILITY LEADINVESTOR BAIDU POWERED BY STRATEGY | PARTNER & INVESTOR SEARCH | GO 2 MARKET GLOBAL E-MOBILITY M&A OUTLOOK 2019 This e-Mobility transactions outlook is brought to you on a quarterly basis Q1

THE BIGGER PICTURE VOLUME (E)-MOBILITY NEWS PER COUNTRY OVERVIEW M&A TRANSACTIONS Q1 COMPANY ROUND/TYPE INDUSTRY AMOUNT INVESTORS* UNITED STATES (11x) Saratoga Energy Corporation Seed Batteries $150.000 US Department of Energy, Y Combinator 5,8 BILLION THIS QUARTER* Northvolt Venture - Series Unknown Batteries $13.718.124 European Investment Bank (EIB), Siemens AG, Vattenfall 79 INVESTMENTS IN SHARED, CONNECTED AND e-MOBILITY CHINA (4x) Natron Energy Corporate Round Batteries UNKNOWN Chevron Technology Ventures, Fluxus Ventures BASED ON 61 TRACEABLE TRANSACTIONS Taikuai Angel Charging point operator (CPO) $1.454.439 Yijin Capital Cathay Capital Private Equity, NIO Capital, Tencent *18 TRANSACTIONS WEREN’T RETRIEVABLE. FOR THAT REASON THE ESTIMATED VALUE UK (3x) YIQI Exchange Series B Charging point operator (CPO) $14.877.631 OF ALL FUNDINGS WILL REACH $ 6 BILLION PowerShare Series A Charging point operator (CPO) UNKNOWN BP Flow Charging Venture – Series Unknown EV service provider** UNKNOWN Eneco eMobility NETHERLANDS (3x) Greenlots Series B EV service provider** UNKNOWN Shell eliso Series A EV service provider** UNKNOWN Vector Venture Capital 220 BILLION SINCE 2010 GERMANY (3x) ChargeWheel Seed Charging station HW $1.000.000 Right Side Capital Management INVESTMENTS SO FAR IN FUTURE MOBILITY Fastned Post-IPO Equity Charging station HW $3.978.972 Flowfund, Nxchange SWEDEN (2x) ubitricity Series C Charging station HW $22.612.207 Earlybird VC , EDF, Honda Motor, Next47, Siemens ViriCiti Series A Electric fleets / Fleetsoftware $7.143.567 Energy Impact Partners, Mainport Innovation Fund Helbiz Convertible Note Electric fleets / Fleetsoftware $15.000.000 Salvatore Palella INDIA (1x) TresMoto Pre-Seed EV manufacturer $200.000 Shell E4 Revonte Debt Financing EV manufacturer $438.464 Business Finland, Butterfly Ventures FINLAND (1x) Swytch Seed EV manufacturer $1.036.480 London Co-Investment Fund, Startup Funding Club LEO Israel Seed EV manufacturer $552.455 Eyal Berkovic, Ramat Gan RWANDA (1x) Achates Power Grant EV manufacturer $2.000.000 InterWest Partners, Madrone Capital Partners, Linear Labs Seed EV manufacturer $4.500.000 Chris Sacca, Gyula Feher, Kindred Ventures, ISRAEL (1x) Avid Technology Group Venture - Series Unknown EV manufacturer $9.226.344 Downing Ventures, ERDF, Maven Capital Partners MOVEBYBiKE Venture - Series Unknown EV manufacturer $1.090.146 H&M Clothing Company, Kinnevik AB, Sebastian Flash Series A EV manufacturer $62.521.314 Idinvest Partners, Signals VC, Target Global Ampersand Electric Motorcycles Grant EV manufacturer $213.112 DFID, Factor E Ventures, FONERWA, Startupbootcamp Faraday Future Corporate Round EV manufacturer $600.000.000 Evergrande Health Industry Group, The9 BESIDES ENERGY COMPANIES AND Rivian Automotive Corporate Round EV manufacturer $700.000.000 Amazon, Standard Chartered Bank, Sumitomo Corp. WM Motor Series C EV manufacturer $446.328.944 Baidu, Linear Vent, Sequoia Capital, SIG China, Tencent CAR OEM’s, TECH COMPANIES LIKE Rad Power Bikes Venture - Series Unknown EV manufacturer UNKNOWN Darrell Cavens, Mark Vadon SOURCE MCKINSEY TENCENT, BAIDU AND AMAZON Zap Map Corporate Round Mobility service provider (MSP) UNKNOWN Good Energy ENTERED THE E-MOBILITY SPACE *For some case we couldn’t present all investing parties due to a lack of space **Offer both CPO and MSP services and sometimes develop and manufacture there own hardware. 1,3 TWH STORAGE BY 2030 AS LEADING STRATEGIC INVESTORS Disclaimer: We collected this data via Crunchbase and our own network in the e-Mobility space. However we can’t ensure all transactions are presented since all type of capital NEEDED FOR ELECTRIC MOBILITY Injections aren’t registered in a central M&A database or shared to the public

WE SUPPORT GROWTH AMBITIONS IN E-MOBILITY POWERED BY FOR MORE INFO: [email protected] SOURCE: ROLAND BERGER