EVT Public Deck October 2022

Electrifying iconic
brands
Management Presentation, October 2022.
EV Technology Group Ltd. Copyright 2022 - STRICTLY PRIVATE AND CONFIDENTIAL

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Executive
Summary
Electrifying Iconic Brands
1. EVT offers investors a differentiated strategy
• We believe there is a gap in the market for a player to electrify iconic brands – not just
vehicles that go from A to B
• We look for dormant brand equity we can acquire and electrify – ‘reviving sleeping
beauties’ in a similar way to Bernard Arnault of LVMH
• We have integrated our supply chain, giving us e2e capabilities to electrify brands
2. EVT offers investors strong business fundamentals
• Fully engineered Electric MOKE that has started delivering to customers in June 2022
and captures 40%+ gross margins
• Signed definitive agreement to acquire one of the largest UK manufacturing firms with
forecast FY22 revenues of £~76.6m and EBITDA of £~5.2m excl. one-offs with
substantial fixed assets
3. EVT is led by an experienced, multi-disciplinary team bringing
together three critical skillsets
• Capital markets, M&A & entrepreneurship, incl. founders of Secfi, Valour & HIVE
• Deep automotive industry experience, with Lotus, BMW & Rolls Royce executives
• Branding and design credentials, with leaders from Cartier, Estee Lauder & Bugatti

'-
250
500
750
1,000
0.00
0.50
1.00
1.50
2.00
04-Jul-22 26-Jul-22 18-Aug-22 12-Sept-22 04-Oct-22
Volume
(‘000)
Share
price
(C$)
Volume ('000) Share price (CAD)
Source: S&P Market Intelligence as at 24 October 2022
5 day moving average
EV Technology
Group trades on
the NEO, OTCQB
and Frankfurt
Exchanges
EV Technology Group Ltd. Copyright 2022 - STRICTLY PRIVATEANDCONFIDENTIAL
Exchanges:
NEO: EVTG
OTCQB: EVTGF
Frankfurt: B96A.F
Shares outstanding:~108m
Warrants: Nil
Trading since: April 2022

The debate is over;
the automotive
industry is
electrifying.
Land Rover recently installed the UK’s
most remote charging point on Scotland’s
Isle of Skye.

Most players are
focused mass market
solutions for EVs to
get ‘from A to B’
Chinese car manufacturer, Changan Automobile,
created a record that will be published in the
Guinness Book of World Records when it
deployed a convoy of 55 autonomous cars.

But we believe there are
other reasons why
people buy cars.

Introducing EVT.
We acquire the existing brand equity
from iconic motoring brands and
help them to electrify.
“In In the luxury
business, you have to
build on heritage”
- Bernard Arnault, Founder of Louis Vuitton, reviver of ‘sleeping beauties’

House of brands.
EVT invests in and operates a
portfolio of iconic motoring brands.

Our story
starts with MOKE.
TBD

Introducing the
MOKE Electric.
The Electric MOKE released in
the summer of 2022
USD $41,900
EUR €29,990
GBP €34,980
inc. VAT
Product Specifications:
• Range: 120km*
• Charge time: 4 hours
• Top speed: 80 km/h
• Acceleration (0-50km/h): 4.3 seconds
• Battery: Lithium-ion, 84V DC nominal
*estimated, finishing WTLP

A brand with
global reach.
MOKE has sold more than
50,000 units in its historic
1960s-80s run and retains
loving fans; solving the
demand side of the
equation
The MOKE brand is famous
worldwide; with a rich
history in the Americas,
Europe, Australia &
beyond.
MOKE has a powerful
brand that can be
developed into new
verticals and diversified
revenues, such as premium
merchandise.
Track record of
historic sales.
New brand
opportunities

The Electric MOKE
commands high
gross margins at
~40%.
Electric MOKE Unit Economics, € indicative.
€500
Current
Gross
Margin
Base Retail
Price Ex VAT
€1,000
Direct
Marketing
Costs
Average
Accessory
Spend
Average
Sales Price
Ex VAT
€1,000
Shipping &
Logistics
Bill of
Materials
€30,000
€31,000
€12,250
(41%)
€17,250

And we can
increase gross
margins to 70% over
time
1. Lower bill of material costs
Not all supply contracts are optimized
for quantity and price and significant
savings to be had
2. Lower shipping and logistics costs
More bulk shipment and optimized
contracts will lead to lower shipping
costs
3. Lower average marketing costs
Due to learnings in our performance
marketing and other activities, we
expect to be able to optimize marketing
spend
4. Higher accessory spend improving
sales price
New accessories planned for 2023 and
beyond will mean more choice for
customers & increased average spend
Current
Gross
Margin
€12,250
(41%)
€21,400
(71%)
Future
Gross
Margin
Over time we will increase our gross
margin through levers including:

The Low Speed
Vehicle market is
one of the fastest-
growing segments.
And ‘Generation II’ of the Electric
MOKE will be well placed to
capture this market opportunity

North America Low Speed Vehicle Report, accessed at
https://www.marketsandmarkets.com/Market-Reports/north-
america-low-speed-vehicle-market-1965274.html on 21 July, 2022
$14.4B
2021 2027
$8.9B
+62%
Low Speed Vehicle
Market Size is
expected to grow
significantly over
next 6 years
United States LSV market 2021-2027, USD $
m estimate1

We opened our first
flagship store, ‘Casa
MOKE’ in July, 2022
Casa MOKE – Saint-Tropez, France
Showroom & Experience Center

Local activations.
Le Bon Marche - Paris
6-week retail pop-up in Sep-Oct 2022
700%
Return on
Investment

Partnerships with
like-minded
organizations
Sail GP – Global Sailing League
Sponsorship of Team Canada – Saint-Tropez
Grand-Prix in Sept 2022

Our high margin
‘House of Brands’
relies on our
integrated supply
chain and
manufacturing
capability
House of
Brands
Gross margins of
40-70%
Manufacturing Group
Gross margins of 10-25%
Strategic rationale
• The iconic brands in our
portfolio sustain high
margins across business
cycles
• Our Manufacturing Group will
serve the House of Brands,
bringing vehicles from 0 to 1
‘as our own customer’
• This manufacturing capability
will strengthen our offering to
acquire new brands and grow
aggregate margins over time
This business model assumes the
completion of our definitive agreement
to acquire Fablink Group Holdings Ltd.

We will provide
manufacturing,
assembly and supply
chain services for
leading global OEMs.

FABLINK OFF HIGHWAY-STRUCTURES
COUNTY DURHAM
Bishop Auckland 120,000 square feet
Tursdale 1 90,000 square feet
Tursdale 2 20,000 square feet
FABLINK COMPLEX PRESSINGS
& ASSEMBLIES
Wolverhampton 1 - 95,000 square feet
Wolverhampton 2 - 150,000 square feet
STREAMLINE AUTOMOTIVE
Silverstone - 20,00 square feet
Sywell - 15,000 square feet
FABLINK AUTO-STRUCTURES
FABLINK TECHNOLOGIES
NORTHAMPTONSHIRE
Brixworth - 100,000 square feet
Brackmills - 20,000 square feet
FABLINK TUBULAR PRODUCTS
Luton 46,000 square feet
We will deliver
to these OEMs
through our
500,000 sq ft of
manufacturing
facilities

We will have a talent
advantage with 750+
employees
operating in an agile
environment
We will further strengthen this advantage
with investments into automation and
robotics

We will have a full
suite of capabilities
including supply
chain, steel
pressing, e-coat
and final assembly
Our asset base will create a sustainable moat,
for example operating the largest non-OEM e-
coat paint facility in Europe

Our volume ‘sweet spot’
will help us to move
quickly.
We have the capital infrastructure to build an EV
rom 0 to 1, without the legacy OEM ICE
infrastructure to constrain agility
Fablink is developing a new Wolverhampton
manufacturing site with:
• Over 100,000 sqft to service growing demand
• ~1,500,000+ labor pool within <30 minute drive
• ~100,000 STEM graduates from 7 universities
within a 20 mile radius

Average vehicle
development
cycle time.
Our agile approach to manufacturing
will give us the ability to bring better
vehicles to market faster than many
traditional OEMs.
3 years
4 years
5 years

We will grow capacity
through a new facility
– the ‘EV Centre of
Excellence’ - at
Silverstone, home of
UK motoring.
TBD
EVT’s ‘Centre of Excellence’

The EVT team.
EV Technology Group is led by a
world class, experienced team.

Wouter Witvoet
CEO & Chairman
Isobel Dando
CEO MOKE International
Dan Burge
Chief Product Officer
Richard Westley
Chief Operating Officer

Willy Gruyelle
VP Operations
David Maher
VP Strategy &
Investments
Andrew Watcham
Head of Corporate
Development
Mark Stubbs
Head of Design

FY 2023F1
$13m
FY 2022A3
$119m
$122m
$164m
FY 2021A3
$73m
$70m
$151m
CAGR +67%
Fablink Group
Holdings Limited
MOKE International
1. Consolidated revenues comprises management accounts / forecasts from MOKE International and Fablink Group Holdings Limited,
assuming the completion of the acquisition of MOKE International and Fablink Group Holdings Limited
2. Based on GBP:CAD exchange rate of 1.55, October 2022;
3. MIL files its financials in line with December year end reporting while Fablink files its financials in line with March year end reporting
4. Annualised based on 2022Q3 results
Current Operating
Businesses.
MOKE International
Owner of the IP to the
iconic MOKE brand,
released the Electric MOKE
in summer ’22.
FY2022 Forecast sales of 300
Electric MOKE units at a
€~30k MSRP ex VAT
Fablink Group
Fablink Group is a tier one
manufacturing and supply
chain company operating 7
UK manufacturing sites of
over 500,000 sqft with over
750 employees.
Large, stable revenue base
from serving leading global
OEMs and growing EV
market share.
Financial
Snapshot.
EV Technology Group
Revenues1,2
$3m
$3m4

We anticipate
strong growth in
MOKE volumes.
Estimated vehicle delivery volumes (#)
2022 2023 2024-2026
Going forward,
we will increase
volumes to
5,000+ per year
300
1,000

Acquisitions.
We have signed Definitive
Agreements to acquire up to
100% of MOKE International
and Fablink Group.
• On August 3 2022, EV Technology Group
agreed to acquire 100% of Fablink Group
Holdings Limited (“Fablink”)
• The transaction is valued at up to £38.8m
with £29.5m to be paid in cash for 76% of
Fablink and Fablink will have an option to sell
the remaining 24% of Fablink for £9.3m in
Common Shares of EVTG
• Fablink Group CEO Richard Westley to be
appointed as EV Technology Group COO
• On July 20 2022, EV Technology Group has
agreed to acquire a further ~50% of MOKE
International
• The Transaction is valued at US$55.1 million
• Our resultant shareholding of MOKE
International will be ~67% following the
Acquisition and we will maintain an option to
acquire the remaining shares of MOKE
International, up to 100%

Financing.
We have filed our Base Shelf
Prospectus on October 24,
2022.
Expected close in Q4, 2022

Wouter Witvoet
Founder & CEO
wouter@evtgroup.com
Contact us.

EVT Public Deck October 2022

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