Leap will present a rapidfire pitch session on the potential for disruption -and the road to commerciality and scalability- of its technology.

1. One interface to global energy markets
May, 2019
CONFIDENTIAL © Leapfrog Power, Inc. All rights reserved

2. 1
PURPOSE
To enable everyone access to the
$900B wholesale energy market

3. Old: 1900-2010
The grid is changing...
New Grid, New Problems
One way power flow
Stable
supply
Stable/predictable
demand
Unpredictable and variable two way
power flow
Variable
supply
Opaque,
variable
supply
Big peak-to-trough
demand ramp
2

4. 3
01 It is now technically feasible
to use the growing base of
grid-connected IoT devices
to balance the grid
Yearly electricity demand
from EVs (TWh)
Growth of residential
solar has made the grid
more opaque and difficult
to balance
Growth of utility-scale
wind and solar has
increased generation
variability
Source: Bloomberg New Energy Finance
Net demand trend on a typical spring dayWhy Now?
02 New legislation has leveled
the playing field, allowing
distributed resources to sell
into wholesale markets
03 04
Source: California Independent System Operator (CAISO)

5. Leap’s marketplace matches and coordinates supply and demand
4
Supply
Electric Vehicles
HVAC Units
Smart Homes
Battery Storage
Demand
Utilities
Energy Service Providers
Grid Operators
Coordination Price transparency Discovery Trust
Technolog
y

6. Partners offer their combined resources into Leap’s markets...
5
Grid ops
End
Customer
Partner
Revenue
Share
How it works: Leap aggregates end-customers via partners
… and Leap bids the combined aggregation in the wholesale market.

7. Leap adds value: the Tetris Multiplier
6
HIGHER YIELDS
Local load is more valuable to the grid
than regional, and separate loads from
single participants rarely qualify as a
wholesale product. Mixed and matched
together they become a valuable
resource.
AVG. LOCAL VALUE
$45k / MW
REGIONAL VALUE
$35k / MW
Bottling plant EV charger
Dairy farm
Almond
grower
100 kW
4 Hour Window