1
STRICTLY PRIVATEAND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Company Overview, August 2022
Electrifying iconic brands
2
Our vision is to
electrify iconic brands
3
Disclaimer
STRICTLY PRIVATE AND CONFIDENTIAL
This presentation of EV Technology Group Ltd. (“EVT” or the “Company”) is for information only and shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell or issue, or subscribe for any securities.
The information contained herein is subject to change without notice and is based on publicly available information, internally developed data and other sources. Where any opinion or belief is expressed in this presentation, it is based on the
assumptions and limitations mentioned herein and is an expression of present opinion or belief only. No warranties or representations can be made as to the origin, validity, accuracy, completeness, currency or reliability of the information.
The Company disclaims and excludes all liability (to the extent permitted by law), for losses, claims, damages, demands, costs and expenses of whatever nature arising in any way out of or in connection with the information in this presentation,
its accuracy, completeness or by reason of reliance by any person on any of it. This presentation should not be construed as legal, financial or tax advice to any individual, as each individual’s circumstances are different. Readers should consult
with their own professional advisors regarding their particular circumstances. The information contained in this presentation is not directed to persons or entities resident in the United States and does not constitute an offer or solicitation by
anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation, unless otherwise exempt from United States securities
legislation.
THE SECURITIES DESCRIBED IN THE PRESENTATION HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF
THE U.S. AND THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE U.S., EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT, THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS.
FORWARD-LOOKING STATEMENTS
Certain statements in this presentation are “forward-looking statements”. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or
performance (often, but not always using words or phrases such as “expect”, “seek”, “endeavour”, “anticipate”, “plan”, “estimate”, “believe”, “intend”, or stating that certain actions, events or results may, could, would, might or will occur or be
taken, or achieved) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made and involve significant
known and unknown risks, uncertainties and assumptions which would cause actual results or events to differ materially from those presently anticipated. A number of factors could cause actual results, performance or achievements to be
materially different from any future results, performance or achievements that may be expressed or implied by such forward- looking statements. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the
forward- looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this document. Investors should not place undue
reliance on these forward-looking statements. Although the forward-looking statements contained in this document are based upon what the Company’s management currently believes to be reasonable assumptions, the Company cannot assure
prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements. Except as required by law, the Company does not have any obligation to advise any person if it becomes aware of
any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances.
FUTURE ORIENTED FINANCIAL INFORMATION
To the extent any forward-looking information in this presentation constitutes “future-oriented financial information” or “financial outlooks” within the meaning of applicable Canadian securities laws, such information is being provided to
demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and
financial outlooks. Future oriented-financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out above under the heading “Forward
Looking Statements”. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses may differ materially from the revenue
and expenses profiles provided in this presentation. Such information is presented for illustrative purposes only and may not be an indication of the Company’s actual financial position or results of operations.
MARKET RESEARCH AND PUBLIC DATA
This presentation contains or references certain market, industry and peer group data which is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources.
Although the Company believe these sources to be generally reliable, such information is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the
data gathering process and other inherent limitations and uncertainties. The Company has not independently verified any of the data from third party sources referred to in this presentation and accordingly, the accuracy and completeness of such
data is not guaranteed. This presentation is confidential and is being provided to you solely for your information and may not be reproduced, in whole or in part, in any form or forwarded or further distributed to any other person. Any forwarding,
distribution or reproduction of this document in whole or in part is unauthorized. By accepting and reviewing this presentation, you acknowledge and agree (i) to maintain the confidentiality of this document and the information contained herein, (ii)
to protect such information in the same manner you protect your own confidential information, which shall be at least a reasonable standard of care and (iii) to not utilize any of the information contained herein except to assist with your evaluation
of the Company.
4
Why you should invest in EV Technology Group
STRICTLY PRIVATE AND CONFIDENTIAL
Experienced, multi-
disciplinary team
1
Strong business
fundamentals
3
Differentiated strategy
• 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 integrate the supply
chain, giving us e2e
capabilities to electrify brands
2
Our leadership team brings together
3 critical skillsets:
• Capital markets, M&A and
entrepreneurship, including
founders of Secfi, Valour & HIVE
• Deep automotive industry
experience, including executives
from Lotus, BMW & Rolls Royce
• Branding and design
credentials, with leaders from
Cartier, Estee Lauder & Bugatti
• Fully engineered Electric MOKE
that has started customer deliveries
in June 2022
• Signed definitive agreement to
acquire one of the largest UK
manufacturing firms with C$120M
of revenue last fiscal year growing to
C~$160M this fiscal year
5
Over the last month, we have grown our share price by ~160%
and listed on the OTCQB in the United States
Canada
NEO Exchange:
EVTG
USA
OTCQB:
EVTGF
Germany
Frankfurt Exchange:
B96A.F
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group Share Price Performance
(NEO: EVTG, $ CAD, daily)1 We are trading in 3 markets:
$0.80
$0.60
$0.20
$0.40
$1.00
$1.20
$1.40
$1.60
$0.50
$0.65
$1.10
$1.29
+158%
24 June 3 August
4 July 15 July
1. https://www.tradingview.com/symbols/NEO-EVTG/ accessed on 4 August, 2022
With ~106m shares
outstanding and >~30%
insider ownership
6
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Investor Overview, August 2022
1. Vision and Strategy
2. Team
3. Operating Businesses
4. Financials
STRICTLY PRIVATE AND CONFIDENTIAL
7
STRICTLY PRIVATE AND CONFIDENTIAL
The visceral pleasure of
driving a car that has
character and personality
How it felt before we
understood pollution, suffered
congestion, taxes and the
suffocating strictures of
modern driving, and before
every car looked the same
‘the joy of motoring’
To create and redefine
‘the joy of motoring’
for the electric age
Our mission
8
STRICTLY PRIVATE AND CONFIDENTIAL
We look for dormant brand equity in car brands that we
can help bring into the electric age
A key to our strategy is to revive
‘sleeping beauties’
A ‘sleeping beauty’ is the name given to a brand
that is no longer active in the market but retains
brand equity through its heritage
In the world of motoring; brand heritage,
reputation and customer loyalty are hard-won
and reward thoughtful reactivations in new eras
This strategy was
made famous by
Bernard Arnault of
Louis Vuitton
Whose ‘house of
brands’ famously
revived sleeping
beauties like
9
STRICTLY PRIVATE AND CONFIDENTIAL
Our strategy to electrify iconic driving experiences
We acquire iconic motoring brands We help them ‘go electric’
1 2
Attractive acquisition opportunities
Disruption and fragmentation in the
automotive sector over the last three
decades has created opportunities to find
lapsed and family-owned brand assets at or
below fair market value
Iconic brands that have developed
substantial brand equity
We search for brands that have a cult
following, a track record of sales and above
all an iconic character that makes it more
than a car for getting from A to B
What we look for in brands: We help our brands transition by leveraging:
A Common Architecture
An EV architecture that can be used across
vehicle types reduces time to market
B Purchasing Power & Common Components
Aggregated purchasing power reduces vehicle
bill of materials and de-risks delays
C Electric Vehicle Expertise
Transitioning beloved brands requires deep
knowledge and expertise in manufacturing,
design, engineering and marketing which
EVT holds from having done this before
10
STRICTLY PRIVATE AND CONFIDENTIAL
We have a differentiated strategic position
Own a high margin,
differentiated EV product
suite with an enduring moat
Integrate the supply
chain, de-risking EVT’s
operations and delivery
Generate day 1
earnings with a clear
growth platform
EVT’s strategic positioning
1
2
3 Invest in proven technologies,
e.g. homologated chassis,
lowering technology risk
4
11
We first agreed to acquire up to 100% of MOKE International (MIL)
MOKE is an iconic brand with a
cult following
The MOKE brand has stood the
test of time and is beloved near
beaches around the globe, with
many celebrities and brands
seeking to associate themselves
with it
MOKE has a global reach
MOKE is known on all continents in
beach destinations, creating the
potential to develop a global EV
brand
Attractive investment
opportunity
EVT was able to invest in MIL at an
attractive valuation
Rationale for acquiring MIL
STRICTLY PRIVATE AND CONFIDENTIAL
• On July 20, 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%
Transaction Highlights
12
We then agreed to acquire up to 100% of Fablink Group, a
tier one manufacturing and supply chain company
Critical manufacturing
Fablink has all core manufacturing
processes in house to deliver electric
vehicles from ideation to scale
production
Reduced time to market
There is substantial lead time for any
company to build comparable
capabilities
Reduced capital expenditures
Fablink has made all the capital
investments required for scale
manufacturing already
Strong existing revenue base
With global OEM customer base
Rationale for acquiring Fablink Group
STRICTLY PRIVATE AND CONFIDENTIAL
• On August 3, 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
the Company
• Fablink Group CEO Richard
Westley to be appointed to
EV Technology Group COO
Transaction Highlights
13
STRICTLY PRIVATE AND CONFIDENTIAL
These developments have shared our current group structure
DIVISIONS
STRATEGY
Manufacturing
& Supply Chain Group
Deliver a unified, premium
customer experience of the
brand and capture its full
potential
Own a strategic portfolio of
luxury and iconic motoring
brands and help them to
‘go electric’
Operate advanced component
and vehicle scale manufacturing
with deep supply chain
integration
Operate an assembly
business for EVT and
3rd party electric
vehicles
EV Technology Group
‘Streamline’ EV
Assembly Group
Distribution
Group
Strategic Brands
Group
14
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Investor Overview, August 2022
1. Vision and Strategy
2. Team
3. Operating Businesses
4. Financials
STRICTLY PRIVATE AND CONFIDENTIAL
15
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group is led by an experienced team (1/2)
Wouter Witvoet
CEO & Chairman
Isobel Dando
CEO MOKE International
Dan Burge
Chief Product Officer
Olivier Roussy-Newton
President
Richard Westley
Chief Operating Officer
16
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group is led by an experienced team (2/2)
Willy Gruyelle
VP Operations
David Maher
VP Strategy &
Investments
Andrew Watcham
Head of Corporate
Development
Mark Stubbs
Head of Design
17
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Investor Overview, August 2022
1. Vision and Strategy
2. Team
3. Operating Businesses
4. Financials
STRICTLY PRIVATE AND CONFIDENTIAL
18
Strategic Brands Group
STRICTLY PRIVATE AND CONFIDENTIAL
19
STRICTLY PRIVATE AND CONFIDENTIAL
The first brand in the Group is
MOKE, a storied marque made
famous in the 1960’s
Brigitte Bardot made
MOKE an icon of 1960’s
French Riviera, followed by
James Bond in “Live and
Let Die”
20
STRICTLY PRIVATE AND CONFIDENTIAL
MOKE has a history of re-invention and high-profile associations
Sir Alec Issigonis, Austin Mini’s designer,
created the Moke for the Queen’s troops in 1959
as a useful, light and air-transportable vehicle…
The MOKE re-invented itself
in the 1960s as an elegant
beach buggy, gaining a cult
status when driven by the
likes of Brian Jones in
London (1965), the Beach
Boys in California (1966),
Brigitte Bardot in Saint-
Tropez (1967), or even
Roger Moore as James
Bond in Live & Let Die (1973)
From the battlefields to the beach… the MOKE
brand continues to re-invent itself
Today, MOKE is a pop culture symbol for
freedom, holidays and art-de-vivre
With many brands and celebrities seeking
association with the MOKE
21
MOKE France gained substantial visibility with its appearance at the legendary
Cannes Film Festival
MOKE France partnered with SensCritique to
electrify the Croisette at the 2022 Cannes Film
Festival
• SensCritique invited film stars from the various
Cannes festival locations for a journey down
memory lane, revisiting their most beloved
memories of the film festival over the years, whilst
taking a tour in an iconic MOKE vehicle
• The MOKE featured in a number of videos
produced by SensCritique at the festival, between
the 17th and the 28th of May.
STRICTLY PRIVATE AND CONFIDENTIAL
22
Introducing the 2022 Electric MOKE
€29,990 inc. VAT
€24,990 after government incentives
The MOKE Electric will target 95% sustainable / recyclable material
& reduce ‘cradle-to-gate’ CO2 footprint by up to 75%
±800 Mokes to be sold in 2022; more than half of which are already
pre-ordered
Product Specifications:
• Range: 144km
• Charge time: 4 hours
• Top speed: 100 km/h
• Acceleration (0-50km/h): 4.5 seconds
• Max power: 33 kW, torque of 130Nm
• Battery: Lithium-ion, 84V DC nominal
• Mass: 745kg
STRICTLY PRIVATE AND CONFIDENTIAL
The Electric MOKE released in the summer of 2022
23
STRICTLY PRIVATE AND CONFIDENTIAL
The Low Speed Vehicle (LSV) market
is one of the fastest-growing segments
Going forward, there is a $14b market opportunity in the US
alone to produce a Generation 2 ‘low speed’ MOKE
2021 2027
$8.9B
$14.4B
+62%
USA Low Speed Vehicle Market Size, 2021-
2027, USD $ m estimate1
With a Generation 2 ‘low speed’ MOKE well placed
to address market demand
1. 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
Demographic trends are supporting the growth
of the LSV market, including ageing populations,
the growth of gated and communal luxury housing
and the increasing popularity of sports like golf
The MOKE’s design differentiates it significantly
from other LSV competitors, which tend to play at
lower price points
In high net worth enclosed
communities like Key Biscane,
Florida, a Generation 2 MOKE has
a significant opportunity to disrupt
LSV competitors like golf carts
24
Estimated vehicle delivery volumes (2022-2026)
We project strong growth in MOKE volumes
800
1,200
2,750
4,500
8,000
500
1,000
2022 2023 2024 2025
0
2026
Electric MOKE
MOKE Gen II (including
low and high speed variants)
MOKE Cargo
STRICTLY PRIVATE AND CONFIDENTIAL
25
In April and May 2022, we introduced our electric vehicle subscription
model, partnering with leading French businesses
Tardieu Immobillier
Leading Cote d’Azur high-end real estate agency
Indie Group
Leading Cote d’Azur luxury hospitality group with A-list
Locations such as Indie Beach
Our electric vehicle subscription model gives clients the opportunity to pay a monthly fee to access a MOKE –
which has proved particularly popular with leading commercial clients
STRICTLY PRIVATE AND CONFIDENTIAL
26
Aside from MOKE, we see a strong environment for acquisitions
Luxury Commercial ‘Halo’ Brands Light-weight Sports Cars
Current brands Vehicle categories we are analysing
Iconic commercial
vehicles
High-performance
sports car and SUVs
Light-weight sports cars,
SUV and racing divisions
Luxury leisure vehicles
STRICTLY PRIVATE AND CONFIDENTIAL
27
Distribution Group
STRICTLY PRIVATE AND CONFIDENTIAL
28
STRICTLY PRIVATE AND CONFIDENTIAL
Why we operate a direct-to-consumer model
Our approach to distribution is to deliver a premium unified
brand experience through a direct-to-consumer (D2C) model
Scalability Improved Margins
Higher Customer Lifetime Value Controlled Brand Equity
By investing in the development of flagship
stores, websites and brand assets the
D2C model can be rapidly scaled to
additional geographies or products
A direct customer relationship across
physical and digital channels supports
higher customer lifetime value
By avoiding the mark-ups and transfer
costs of a dealer model, more of the
margin can be captured by the brand
A D2C model allows the brand to fully
control and grow brand equity, maintaining
a premium, unified customer experience
29
STRICTLY PRIVATE AND CONFIDENTIAL
Key elements of our D2C approach for MOKE
1. Flagship locations 2. Online experiences 3. Marketing activations
CASA MOKE WILL OFFER CONSUMER
EXPERIENCES FROM A 70M FLAGSHIP
STORE FRONT IN SAINT-TROPEZ
OUR D2C WEBSITE WILL OFFER AN
INNOVATIVE WAY TO INTERACT WITH
OUR BRAND AND PURCHASE ACROSS
THE CUSTOMER JOURNEY
MARKETING ACTIVATIONS WILL
BE KEY TO REVIVING THE SLEEPING
BEAUTY OF THE MOKE BRAND IN THE
SOUTH OF FRANCE
30
STRICTLY PRIVATE AND CONFIDENTIAL
Our flagship location
Casa MOKE in Saint-Tropez
celebrates the art-de-vivre of
MOKE’s DNA, offering consumer
experiences, rentals and intimate
touchpoints with the brand
The Casa is designed by local
architect Olivia Siri and furnished
by Julien Fuentes, a prominent
interior designer in France
31
Our online storefront experience cultivates intimate customer relationships across the buying journey –
beginning with a high-end look and feel, inviting customers to engage with the brand and its story
32
STRICTLY PRIVATE AND CONFIDENTIAL
We will then expand our D2C model to other destinations worldwide
Priority destinations for MOKE
Italy
Greece
US West Coast
(Los Angeles)
Spain
US Central
(Arizona)
US East Coast
(Miami)
33
Manufacturing and Assembly Groups
STRICLY PRIVATE AND CONFIDENTIAL
34
STRICTLY PRIVATE AND CONFIDENTIAL
Component manufacturing and assembly capabilities and supply chain
integration are key success factors for any brand looking to electrify
‘Supply chain hell
turns every shipping
container into a
fight’1
1. Bloomberg, https://www.bloomberg.com/professional/blog/supply-chain-hell-turns-every-shipping-container-into-a-fight/ ; 2. CNBC, https://www.cnbc.com/2021/08/18/months-long-delivery-delays-
confound-would-be-tesla-owners.html ; 3. The Economist, https://www.economist.com/business/semiconductors-pose-an-unwelcome-roadblock-for-carmakers/21803287
‘Tesla buyers
confounded by
delivery delays
stretching for months’2
‘Semiconductors
pose an unwelcome
roadblock for
carmakers’3
35
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink Group has world-class component manufacturing capabilities
supported by a large facilities footprint
Bishop Auckland [120,000 square feet]
Tursdale 1 [90,000 square feet]
Tursdale 2 [20,000 square feet]
FABLINK OFF HIGHWAY-STRUCTURES
COUNTY DURHAM
Wolverhampton 1 [95,000 square feet]
Wolverhampton 2 [150,000 square feet]
FABLINK COMPLEX PRESSINGS
& ASSEMBLIES
Brixworth [100,000 square feet]
Brackmills [20,000 square feet]
FABLINK AUTO-STRUCTURES
FABLINK TECHNOLOGIES
NORTHAMPTONSHIRE
STREAMLINE AUTOMOTIVE
Silverstone [20,00 square feet]
Sywell [15,000 square feet]
Luton [46,000 square feet]
Fablink Group
• UK manufacturing
footprint of ~500,000 sq. ft.
• Talent advantage with ~750
staff, including top EV
experts
• Comprehensive
component manufacturing
expertise – leading source
provider with growing gap to
competition in servicing EV
clients
36
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink Group provides contract manufacturing and supply chain
services to a leading automotive client base…
37
STRICTLY PRIVATE AND CONFIDENTIAL
…Helping to produce some of the world’s iconic vehicles
38
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink Group is accelerating its gap to competition as the leading non-OEM
manufacturing partner for Electric Vehicle companies in the United Kingdom
• Fablink Group’s skills and capabilities are particularly well suited to newer EV players who do not have full manufacturing
infrastructure, offering:
• Product development
• Production of components, pressings and structures
• Contract vehicle manufacturing
• Fablink Group is seeing major growth in EV related products, developing a reputation as the ‘go to’ manufacturer in UK
due to our infrastructure, resources & volume sweet spot [1-25,000 vehicles]
• In the current FY, nearly 40% of revenues were generated from EV players with substantial contract value in discussion
Fablink Group is well-positioned to take advantage of the explosion of EV production demand
39
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink Group has strong design capabilities to support the
development of new Electric Vehicle models
• CAD Design & Development engineers
with CATIA V5-6R2017/SolidEDGE – ST9
• FARO arms / CMM / 3D scanning
• VA / VE projects
• Specialist knowledge in multiple jointing
technologies including welding and bonding
• Confidential prototype build facilities
• In house tooling design & build [jigs &
fixtures]
• Expert Design For Manufacture capability
• Core program management / NPI
• Dedicated Customer / Project offices
Design Capabilities
40
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink is making strategic investments in complex pressings and
automation
• Trumpf Fiber 5 axis laser
• Hydraulic press investment
up to 2,000 tonne
• Body sides/A class
surfaces [niche auto]
• 25+ robot systems in the group
• Assembly – weld & bonding
• Reduce reliance on labour/skills
Complex Pressing Strategy
Automation Strategy
Pictured: Robot system (yellow) runs length of cell,
automating key production processes
41
STRICTLY PRIVATE AND CONFIDENTIAL
Fablink’s assets create a significant barrier to entry – such as its E-
coat facility, the largest such non-OEM facility in its region
• 8 Metre tanks with a 14 stage process electrophoretic line
• Electrophoretic & Powder Coating capability
• Supports group on new strategic products
• One of the largest e-coat facilities in Europe
• 2 x Powder lines
Electropaint is an example of Fablink
Group’s footprint and barriers to entry
42
STRICTLY PRIVATE AND CONFIDENTIAL
In addition, we have reached an agreement to develop a 90,000 sqft ‘EV
Centre of Excellence’ in Silverstone, to serve a leading EV client base
Silverstone has a long reputation in British
motorsport
Built alongside one of the UK’s most legendary
circuits, the EV Centre of Excellence will be one of
the largest of its kind to serve leading EV brands
43
STRICTLY PRIVATE AND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Investor Overview, August 2022
1. Vision and Strategy
2. Team
3. Operating Businesses
4. Financials
STRICTLY PRIVATE AND CONFIDENTIAL
44
Financial Snapshot
STRICTLY PRIVATE AND CONFIDENTIAL
$1.4m
$74m
FY 20203
$4m
FY 2021
$124m
$31m
$164m
FY 2022 F
$75m
$128m
$194m
CAGR +62%
MOKE International
Fablink Group
Holdings Limited
EV Technology Group Revenues1, FY’20-FY22F, $CAD2, m
1. Consolidated revenues comprises management accounts / forecasts from MOKE International and Fablink Group Holdings Limited and 2.
Based on GBP-CAD exchange rate of 1.66, August 2022; 3. MIL operates a calendar year financial year; Fablink operates a Apr-Mar financial year
Current Operating Businesses
• Owner of the IP to the iconic MOKE
brand, released the Electric MOKE in
summer ’22
• FY2022 Forecast sales of 800 Electric
MOKE units at a €30k MSRP plus
options
MOKE International
Fablink Group
• Fablink Group is a tier one manu-
facturing and supply chain company
operating 7 UK manufacturing sites
with over 750 employees
• Large, stable revenue base from
serving leading global OEMs and
growing EV market share
45
STRICTLY PRIVATEAND CONFIDENTIAL
EV Technology Group Ltd. Copyright 2022
Wouter Witvoet
Founder & CEO
wouter@evtgroup.com
Contact Us

EVT Public Investor Deck 2022

  • 1.
    1 STRICTLY PRIVATEAND CONFIDENTIAL EVTechnology Group Ltd. Copyright 2022 Company Overview, August 2022 Electrifying iconic brands
  • 2.
    2 Our vision isto electrify iconic brands
  • 3.
    3 Disclaimer STRICTLY PRIVATE ANDCONFIDENTIAL This presentation of EV Technology Group Ltd. (“EVT” or the “Company”) is for information only and shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell or issue, or subscribe for any securities. The information contained herein is subject to change without notice and is based on publicly available information, internally developed data and other sources. Where any opinion or belief is expressed in this presentation, it is based on the assumptions and limitations mentioned herein and is an expression of present opinion or belief only. No warranties or representations can be made as to the origin, validity, accuracy, completeness, currency or reliability of the information. The Company disclaims and excludes all liability (to the extent permitted by law), for losses, claims, damages, demands, costs and expenses of whatever nature arising in any way out of or in connection with the information in this presentation, its accuracy, completeness or by reason of reliance by any person on any of it. This presentation should not be construed as legal, financial or tax advice to any individual, as each individual’s circumstances are different. Readers should consult with their own professional advisors regarding their particular circumstances. The information contained in this presentation is not directed to persons or entities resident in the United States and does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation, unless otherwise exempt from United States securities legislation. THE SECURITIES DESCRIBED IN THE PRESENTATION HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE U.S. AND THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE U.S., EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. FORWARD-LOOKING STATEMENTS Certain statements in this presentation are “forward-looking statements”. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always using words or phrases such as “expect”, “seek”, “endeavour”, “anticipate”, “plan”, “estimate”, “believe”, “intend”, or stating that certain actions, events or results may, could, would, might or will occur or be taken, or achieved) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made and involve significant known and unknown risks, uncertainties and assumptions which would cause actual results or events to differ materially from those presently anticipated. A number of factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward- looking statements. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward- looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this document. Investors should not place undue reliance on these forward-looking statements. Although the forward-looking statements contained in this document are based upon what the Company’s management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements. Except as required by law, the Company does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. FUTURE ORIENTED FINANCIAL INFORMATION To the extent any forward-looking information in this presentation constitutes “future-oriented financial information” or “financial outlooks” within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future oriented-financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out above under the heading “Forward Looking Statements”. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses may differ materially from the revenue and expenses profiles provided in this presentation. Such information is presented for illustrative purposes only and may not be an indication of the Company’s actual financial position or results of operations. MARKET RESEARCH AND PUBLIC DATA This presentation contains or references certain market, industry and peer group data which is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources. Although the Company believe these sources to be generally reliable, such information is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other inherent limitations and uncertainties. The Company has not independently verified any of the data from third party sources referred to in this presentation and accordingly, the accuracy and completeness of such data is not guaranteed. This presentation is confidential and is being provided to you solely for your information and may not be reproduced, in whole or in part, in any form or forwarded or further distributed to any other person. Any forwarding, distribution or reproduction of this document in whole or in part is unauthorized. By accepting and reviewing this presentation, you acknowledge and agree (i) to maintain the confidentiality of this document and the information contained herein, (ii) to protect such information in the same manner you protect your own confidential information, which shall be at least a reasonable standard of care and (iii) to not utilize any of the information contained herein except to assist with your evaluation of the Company.
  • 4.
    4 Why you shouldinvest in EV Technology Group STRICTLY PRIVATE AND CONFIDENTIAL Experienced, multi- disciplinary team 1 Strong business fundamentals 3 Differentiated strategy • 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 integrate the supply chain, giving us e2e capabilities to electrify brands 2 Our leadership team brings together 3 critical skillsets: • Capital markets, M&A and entrepreneurship, including founders of Secfi, Valour & HIVE • Deep automotive industry experience, including executives from Lotus, BMW & Rolls Royce • Branding and design credentials, with leaders from Cartier, Estee Lauder & Bugatti • Fully engineered Electric MOKE that has started customer deliveries in June 2022 • Signed definitive agreement to acquire one of the largest UK manufacturing firms with C$120M of revenue last fiscal year growing to C~$160M this fiscal year
  • 5.
    5 Over the lastmonth, we have grown our share price by ~160% and listed on the OTCQB in the United States Canada NEO Exchange: EVTG USA OTCQB: EVTGF Germany Frankfurt Exchange: B96A.F STRICTLY PRIVATE AND CONFIDENTIAL EV Technology Group Share Price Performance (NEO: EVTG, $ CAD, daily)1 We are trading in 3 markets: $0.80 $0.60 $0.20 $0.40 $1.00 $1.20 $1.40 $1.60 $0.50 $0.65 $1.10 $1.29 +158% 24 June 3 August 4 July 15 July 1. https://www.tradingview.com/symbols/NEO-EVTG/ accessed on 4 August, 2022 With ~106m shares outstanding and >~30% insider ownership
  • 6.
    6 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group Ltd. Copyright 2022 Investor Overview, August 2022 1. Vision and Strategy 2. Team 3. Operating Businesses 4. Financials STRICTLY PRIVATE AND CONFIDENTIAL
  • 7.
    7 STRICTLY PRIVATE ANDCONFIDENTIAL The visceral pleasure of driving a car that has character and personality How it felt before we understood pollution, suffered congestion, taxes and the suffocating strictures of modern driving, and before every car looked the same ‘the joy of motoring’ To create and redefine ‘the joy of motoring’ for the electric age Our mission
  • 8.
    8 STRICTLY PRIVATE ANDCONFIDENTIAL We look for dormant brand equity in car brands that we can help bring into the electric age A key to our strategy is to revive ‘sleeping beauties’ A ‘sleeping beauty’ is the name given to a brand that is no longer active in the market but retains brand equity through its heritage In the world of motoring; brand heritage, reputation and customer loyalty are hard-won and reward thoughtful reactivations in new eras This strategy was made famous by Bernard Arnault of Louis Vuitton Whose ‘house of brands’ famously revived sleeping beauties like
  • 9.
    9 STRICTLY PRIVATE ANDCONFIDENTIAL Our strategy to electrify iconic driving experiences We acquire iconic motoring brands We help them ‘go electric’ 1 2 Attractive acquisition opportunities Disruption and fragmentation in the automotive sector over the last three decades has created opportunities to find lapsed and family-owned brand assets at or below fair market value Iconic brands that have developed substantial brand equity We search for brands that have a cult following, a track record of sales and above all an iconic character that makes it more than a car for getting from A to B What we look for in brands: We help our brands transition by leveraging: A Common Architecture An EV architecture that can be used across vehicle types reduces time to market B Purchasing Power & Common Components Aggregated purchasing power reduces vehicle bill of materials and de-risks delays C Electric Vehicle Expertise Transitioning beloved brands requires deep knowledge and expertise in manufacturing, design, engineering and marketing which EVT holds from having done this before
  • 10.
    10 STRICTLY PRIVATE ANDCONFIDENTIAL We have a differentiated strategic position Own a high margin, differentiated EV product suite with an enduring moat Integrate the supply chain, de-risking EVT’s operations and delivery Generate day 1 earnings with a clear growth platform EVT’s strategic positioning 1 2 3 Invest in proven technologies, e.g. homologated chassis, lowering technology risk 4
  • 11.
    11 We first agreedto acquire up to 100% of MOKE International (MIL) MOKE is an iconic brand with a cult following The MOKE brand has stood the test of time and is beloved near beaches around the globe, with many celebrities and brands seeking to associate themselves with it MOKE has a global reach MOKE is known on all continents in beach destinations, creating the potential to develop a global EV brand Attractive investment opportunity EVT was able to invest in MIL at an attractive valuation Rationale for acquiring MIL STRICTLY PRIVATE AND CONFIDENTIAL • On July 20, 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% Transaction Highlights
  • 12.
    12 We then agreedto acquire up to 100% of Fablink Group, a tier one manufacturing and supply chain company Critical manufacturing Fablink has all core manufacturing processes in house to deliver electric vehicles from ideation to scale production Reduced time to market There is substantial lead time for any company to build comparable capabilities Reduced capital expenditures Fablink has made all the capital investments required for scale manufacturing already Strong existing revenue base With global OEM customer base Rationale for acquiring Fablink Group STRICTLY PRIVATE AND CONFIDENTIAL • On August 3, 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 the Company • Fablink Group CEO Richard Westley to be appointed to EV Technology Group COO Transaction Highlights
  • 13.
    13 STRICTLY PRIVATE ANDCONFIDENTIAL These developments have shared our current group structure DIVISIONS STRATEGY Manufacturing & Supply Chain Group Deliver a unified, premium customer experience of the brand and capture its full potential Own a strategic portfolio of luxury and iconic motoring brands and help them to ‘go electric’ Operate advanced component and vehicle scale manufacturing with deep supply chain integration Operate an assembly business for EVT and 3rd party electric vehicles EV Technology Group ‘Streamline’ EV Assembly Group Distribution Group Strategic Brands Group
  • 14.
    14 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group Ltd. Copyright 2022 Investor Overview, August 2022 1. Vision and Strategy 2. Team 3. Operating Businesses 4. Financials STRICTLY PRIVATE AND CONFIDENTIAL
  • 15.
    15 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group is led by an experienced team (1/2) Wouter Witvoet CEO & Chairman Isobel Dando CEO MOKE International Dan Burge Chief Product Officer Olivier Roussy-Newton President Richard Westley Chief Operating Officer
  • 16.
    16 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group is led by an experienced team (2/2) Willy Gruyelle VP Operations David Maher VP Strategy & Investments Andrew Watcham Head of Corporate Development Mark Stubbs Head of Design
  • 17.
    17 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group Ltd. Copyright 2022 Investor Overview, August 2022 1. Vision and Strategy 2. Team 3. Operating Businesses 4. Financials STRICTLY PRIVATE AND CONFIDENTIAL
  • 18.
    18 Strategic Brands Group STRICTLYPRIVATE AND CONFIDENTIAL
  • 19.
    19 STRICTLY PRIVATE ANDCONFIDENTIAL The first brand in the Group is MOKE, a storied marque made famous in the 1960’s Brigitte Bardot made MOKE an icon of 1960’s French Riviera, followed by James Bond in “Live and Let Die”
  • 20.
    20 STRICTLY PRIVATE ANDCONFIDENTIAL MOKE has a history of re-invention and high-profile associations Sir Alec Issigonis, Austin Mini’s designer, created the Moke for the Queen’s troops in 1959 as a useful, light and air-transportable vehicle… The MOKE re-invented itself in the 1960s as an elegant beach buggy, gaining a cult status when driven by the likes of Brian Jones in London (1965), the Beach Boys in California (1966), Brigitte Bardot in Saint- Tropez (1967), or even Roger Moore as James Bond in Live & Let Die (1973) From the battlefields to the beach… the MOKE brand continues to re-invent itself Today, MOKE is a pop culture symbol for freedom, holidays and art-de-vivre With many brands and celebrities seeking association with the MOKE
  • 21.
    21 MOKE France gainedsubstantial visibility with its appearance at the legendary Cannes Film Festival MOKE France partnered with SensCritique to electrify the Croisette at the 2022 Cannes Film Festival • SensCritique invited film stars from the various Cannes festival locations for a journey down memory lane, revisiting their most beloved memories of the film festival over the years, whilst taking a tour in an iconic MOKE vehicle • The MOKE featured in a number of videos produced by SensCritique at the festival, between the 17th and the 28th of May. STRICTLY PRIVATE AND CONFIDENTIAL
  • 22.
    22 Introducing the 2022Electric MOKE €29,990 inc. VAT €24,990 after government incentives The MOKE Electric will target 95% sustainable / recyclable material & reduce ‘cradle-to-gate’ CO2 footprint by up to 75% ±800 Mokes to be sold in 2022; more than half of which are already pre-ordered Product Specifications: • Range: 144km • Charge time: 4 hours • Top speed: 100 km/h • Acceleration (0-50km/h): 4.5 seconds • Max power: 33 kW, torque of 130Nm • Battery: Lithium-ion, 84V DC nominal • Mass: 745kg STRICTLY PRIVATE AND CONFIDENTIAL The Electric MOKE released in the summer of 2022
  • 23.
    23 STRICTLY PRIVATE ANDCONFIDENTIAL The Low Speed Vehicle (LSV) market is one of the fastest-growing segments Going forward, there is a $14b market opportunity in the US alone to produce a Generation 2 ‘low speed’ MOKE 2021 2027 $8.9B $14.4B +62% USA Low Speed Vehicle Market Size, 2021- 2027, USD $ m estimate1 With a Generation 2 ‘low speed’ MOKE well placed to address market demand 1. 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 Demographic trends are supporting the growth of the LSV market, including ageing populations, the growth of gated and communal luxury housing and the increasing popularity of sports like golf The MOKE’s design differentiates it significantly from other LSV competitors, which tend to play at lower price points In high net worth enclosed communities like Key Biscane, Florida, a Generation 2 MOKE has a significant opportunity to disrupt LSV competitors like golf carts
  • 24.
    24 Estimated vehicle deliveryvolumes (2022-2026) We project strong growth in MOKE volumes 800 1,200 2,750 4,500 8,000 500 1,000 2022 2023 2024 2025 0 2026 Electric MOKE MOKE Gen II (including low and high speed variants) MOKE Cargo STRICTLY PRIVATE AND CONFIDENTIAL
  • 25.
    25 In April andMay 2022, we introduced our electric vehicle subscription model, partnering with leading French businesses Tardieu Immobillier Leading Cote d’Azur high-end real estate agency Indie Group Leading Cote d’Azur luxury hospitality group with A-list Locations such as Indie Beach Our electric vehicle subscription model gives clients the opportunity to pay a monthly fee to access a MOKE – which has proved particularly popular with leading commercial clients STRICTLY PRIVATE AND CONFIDENTIAL
  • 26.
    26 Aside from MOKE,we see a strong environment for acquisitions Luxury Commercial ‘Halo’ Brands Light-weight Sports Cars Current brands Vehicle categories we are analysing Iconic commercial vehicles High-performance sports car and SUVs Light-weight sports cars, SUV and racing divisions Luxury leisure vehicles STRICTLY PRIVATE AND CONFIDENTIAL
  • 27.
  • 28.
    28 STRICTLY PRIVATE ANDCONFIDENTIAL Why we operate a direct-to-consumer model Our approach to distribution is to deliver a premium unified brand experience through a direct-to-consumer (D2C) model Scalability Improved Margins Higher Customer Lifetime Value Controlled Brand Equity By investing in the development of flagship stores, websites and brand assets the D2C model can be rapidly scaled to additional geographies or products A direct customer relationship across physical and digital channels supports higher customer lifetime value By avoiding the mark-ups and transfer costs of a dealer model, more of the margin can be captured by the brand A D2C model allows the brand to fully control and grow brand equity, maintaining a premium, unified customer experience
  • 29.
    29 STRICTLY PRIVATE ANDCONFIDENTIAL Key elements of our D2C approach for MOKE 1. Flagship locations 2. Online experiences 3. Marketing activations CASA MOKE WILL OFFER CONSUMER EXPERIENCES FROM A 70M FLAGSHIP STORE FRONT IN SAINT-TROPEZ OUR D2C WEBSITE WILL OFFER AN INNOVATIVE WAY TO INTERACT WITH OUR BRAND AND PURCHASE ACROSS THE CUSTOMER JOURNEY MARKETING ACTIVATIONS WILL BE KEY TO REVIVING THE SLEEPING BEAUTY OF THE MOKE BRAND IN THE SOUTH OF FRANCE
  • 30.
    30 STRICTLY PRIVATE ANDCONFIDENTIAL Our flagship location Casa MOKE in Saint-Tropez celebrates the art-de-vivre of MOKE’s DNA, offering consumer experiences, rentals and intimate touchpoints with the brand The Casa is designed by local architect Olivia Siri and furnished by Julien Fuentes, a prominent interior designer in France
  • 31.
    31 Our online storefrontexperience cultivates intimate customer relationships across the buying journey – beginning with a high-end look and feel, inviting customers to engage with the brand and its story
  • 32.
    32 STRICTLY PRIVATE ANDCONFIDENTIAL We will then expand our D2C model to other destinations worldwide Priority destinations for MOKE Italy Greece US West Coast (Los Angeles) Spain US Central (Arizona) US East Coast (Miami)
  • 33.
    33 Manufacturing and AssemblyGroups STRICLY PRIVATE AND CONFIDENTIAL
  • 34.
    34 STRICTLY PRIVATE ANDCONFIDENTIAL Component manufacturing and assembly capabilities and supply chain integration are key success factors for any brand looking to electrify ‘Supply chain hell turns every shipping container into a fight’1 1. Bloomberg, https://www.bloomberg.com/professional/blog/supply-chain-hell-turns-every-shipping-container-into-a-fight/ ; 2. CNBC, https://www.cnbc.com/2021/08/18/months-long-delivery-delays- confound-would-be-tesla-owners.html ; 3. The Economist, https://www.economist.com/business/semiconductors-pose-an-unwelcome-roadblock-for-carmakers/21803287 ‘Tesla buyers confounded by delivery delays stretching for months’2 ‘Semiconductors pose an unwelcome roadblock for carmakers’3
  • 35.
    35 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink Group has world-class component manufacturing capabilities supported by a large facilities footprint Bishop Auckland [120,000 square feet] Tursdale 1 [90,000 square feet] Tursdale 2 [20,000 square feet] FABLINK OFF HIGHWAY-STRUCTURES COUNTY DURHAM Wolverhampton 1 [95,000 square feet] Wolverhampton 2 [150,000 square feet] FABLINK COMPLEX PRESSINGS & ASSEMBLIES Brixworth [100,000 square feet] Brackmills [20,000 square feet] FABLINK AUTO-STRUCTURES FABLINK TECHNOLOGIES NORTHAMPTONSHIRE STREAMLINE AUTOMOTIVE Silverstone [20,00 square feet] Sywell [15,000 square feet] Luton [46,000 square feet] Fablink Group • UK manufacturing footprint of ~500,000 sq. ft. • Talent advantage with ~750 staff, including top EV experts • Comprehensive component manufacturing expertise – leading source provider with growing gap to competition in servicing EV clients
  • 36.
    36 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink Group provides contract manufacturing and supply chain services to a leading automotive client base…
  • 37.
    37 STRICTLY PRIVATE ANDCONFIDENTIAL …Helping to produce some of the world’s iconic vehicles
  • 38.
    38 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink Group is accelerating its gap to competition as the leading non-OEM manufacturing partner for Electric Vehicle companies in the United Kingdom • Fablink Group’s skills and capabilities are particularly well suited to newer EV players who do not have full manufacturing infrastructure, offering: • Product development • Production of components, pressings and structures • Contract vehicle manufacturing • Fablink Group is seeing major growth in EV related products, developing a reputation as the ‘go to’ manufacturer in UK due to our infrastructure, resources & volume sweet spot [1-25,000 vehicles] • In the current FY, nearly 40% of revenues were generated from EV players with substantial contract value in discussion Fablink Group is well-positioned to take advantage of the explosion of EV production demand
  • 39.
    39 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink Group has strong design capabilities to support the development of new Electric Vehicle models • CAD Design & Development engineers with CATIA V5-6R2017/SolidEDGE – ST9 • FARO arms / CMM / 3D scanning • VA / VE projects • Specialist knowledge in multiple jointing technologies including welding and bonding • Confidential prototype build facilities • In house tooling design & build [jigs & fixtures] • Expert Design For Manufacture capability • Core program management / NPI • Dedicated Customer / Project offices Design Capabilities
  • 40.
    40 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink is making strategic investments in complex pressings and automation • Trumpf Fiber 5 axis laser • Hydraulic press investment up to 2,000 tonne • Body sides/A class surfaces [niche auto] • 25+ robot systems in the group • Assembly – weld & bonding • Reduce reliance on labour/skills Complex Pressing Strategy Automation Strategy Pictured: Robot system (yellow) runs length of cell, automating key production processes
  • 41.
    41 STRICTLY PRIVATE ANDCONFIDENTIAL Fablink’s assets create a significant barrier to entry – such as its E- coat facility, the largest such non-OEM facility in its region • 8 Metre tanks with a 14 stage process electrophoretic line • Electrophoretic & Powder Coating capability • Supports group on new strategic products • One of the largest e-coat facilities in Europe • 2 x Powder lines Electropaint is an example of Fablink Group’s footprint and barriers to entry
  • 42.
    42 STRICTLY PRIVATE ANDCONFIDENTIAL In addition, we have reached an agreement to develop a 90,000 sqft ‘EV Centre of Excellence’ in Silverstone, to serve a leading EV client base Silverstone has a long reputation in British motorsport Built alongside one of the UK’s most legendary circuits, the EV Centre of Excellence will be one of the largest of its kind to serve leading EV brands
  • 43.
    43 STRICTLY PRIVATE ANDCONFIDENTIAL EV Technology Group Ltd. Copyright 2022 Investor Overview, August 2022 1. Vision and Strategy 2. Team 3. Operating Businesses 4. Financials STRICTLY PRIVATE AND CONFIDENTIAL
  • 44.
    44 Financial Snapshot STRICTLY PRIVATEAND CONFIDENTIAL $1.4m $74m FY 20203 $4m FY 2021 $124m $31m $164m FY 2022 F $75m $128m $194m CAGR +62% MOKE International Fablink Group Holdings Limited EV Technology Group Revenues1, FY’20-FY22F, $CAD2, m 1. Consolidated revenues comprises management accounts / forecasts from MOKE International and Fablink Group Holdings Limited and 2. Based on GBP-CAD exchange rate of 1.66, August 2022; 3. MIL operates a calendar year financial year; Fablink operates a Apr-Mar financial year Current Operating Businesses • Owner of the IP to the iconic MOKE brand, released the Electric MOKE in summer ’22 • FY2022 Forecast sales of 800 Electric MOKE units at a €30k MSRP plus options MOKE International Fablink Group • Fablink Group is a tier one manu- facturing and supply chain company operating 7 UK manufacturing sites with over 750 employees • Large, stable revenue base from serving leading global OEMs and growing EV market share
  • 45.
    45 STRICTLY PRIVATEAND CONFIDENTIAL EVTechnology Group Ltd. Copyright 2022 Wouter Witvoet Founder & CEO wouter@evtgroup.com Contact Us