SPI Energy is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California. The Company has three core divisions: SolarJuice which has solar wholesale distribution, as well as residential solar and roofing installation and solar module manufacturing (Solar4America & SEM Wafertech), SPI Solar and Orange Power which operates a commercial & utility solar division, and the EdisonFuture/Phoenix Motor EV division. SolarJuice is the leader in renewable energy system solutions for residential and small commercial markets and has extensive operations in the Asia Pacific and North America markets. The SPI Solar commercial & utility solar division provides a full spectrum of EPC services to third party project developers, and develops, owns and operates solar projects that sell electricity to the grid in multiple regions, including the U.S., U.K., and Europe. Phoenix Motor is a leader in medium-duty commercial electric vehicles, and is developing EV charger solutions, electric pickup trucks, electric forklifts, and other EV products. SPI maintains global operations in North America, Australia, Asia and Europe and is also targeting strategic investment opportunities in fast growing green energy industries such as battery storage, charging stations, and other EVs which leverage the Company's expertise and substantial solar cash flow.

1. I N V E S T O R P R E S E N T A T I O N
SPI ENERGY CO., LTD.
N A S D A Q T I C K E R : S P I
S O L A R / E V / B A T T E R Y / H Y D R O G E N
A R E N E W A B L E E N E R G Y C O M P A N Y

2. I N V E S T O R P R E S E N T A T I O N
2
SAFE HARBOR DISCLAIMER
This presentation contains certain “forward-looking statements” relating to the business of the Company, its subsidiaries and the industries the
Company operates in. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”
or similar expressions. The forward-looking statements contained in this presentation include statements regarding the Company’s ability to
execute its growth plan and meet revenue and sales estimates, and market acceptance of its products and services. These statements involve
known and unknown risks and uncertainties, including, but not limited to, general business conditions, managing growth, and political,
regulatory and other risks. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and
other factors detailed in the Company's reports filed with the U.S. Securities and Exchange Commission. The Company undertakes no obligation
to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may
be required under applicable securities law.

3. I N V E S T O R P R E S E N T A T I O N
Smart Power to Innovate a
Renewable
Green World

4. 4
EXECUTIVE SUMMARY
SPI Energy
- NASDAQ TICKER: SPI -
is a Renewable Energy Company
Established at Roseville, California in 2006.
Now Headquartered at McClellan Park, California.

5. I N V E S T O R P R E S E N T A T I O N
5
BUSINESS PORTFOLIO CHART
SPI ENERGY
Fast growing hydrogen fuel cell
manufacturer
70%
H2A
* After Solarjuice Co., Ltd. Complete its IPO, SPI expects to have over 85% ownership
Leading American Solar Module
Manufacturer
Leading Australian distributor
85%*
SJA
Strong pipelines in California,
Hawaii, Illinois, Maryland
100%
SPI
Solar
Over $100 million investment
Independent power producers in Europe
and Hawaii
100%
Orange
Power
First large-size American wafer in
operation
100%
SEM
Wafer
4m+ driven miles in
e-shuttle bus
Patented self-designed solar pickup &
delivery van
80%
PEV
Profitable
Business
Growing
Business

6. I N V E S T O R P R E S E N T A T I O N
6
OUTLOOK IN 2023
GROWTH DRIVEN FACTORS
• Solar4America, with currently 700MW
capacity, expects to reach 2.4GW in 2023
• Australia distribution business continues
to grow in APAC region
• SPI Solar’s strong project pipelines expect
to improve profitability
• Orange Power business (IPP) continue to
make significant revenue
• SEM Wafertech expects to have its newly
established facility with 1.5GW capacity
$177 million
REVENUE IN 2022
$250 – $300 million
Revenue
$29 – $36 million
Net profit
PROJECTED IN 2023

7. I N V E S T O R P R E S E N T A T I O N
7
INVESTMENT HIGHLIGHTS
Strong Revenue Growth with Profitable Earning Expectation
IRA policy in U.S. and other provisions boosting the global Renewable energy market
Well-positioned Renewable Energy Portfolio in Solar, Electric Vehicle, and Hydrogen Sectors
Strong & growing solar project pipelines in USA and Consistent cashflows from the operating assets
Strong equity value created from pure play spined off subsidiaries, including Phoenix Motor (Ticker:
PEV), SolarJuice (Ticker: SJA), IPP business, Orange power (In process to do Spin-off IPO)
1st Large-size leading technology solar wafer manufacturing facility set up in U.S. (SEM Wafertech)
Diversified and in deep industry experienced international management team
I
II
III
IV
V
VI
VII

8. I N V E S T O R P R E S E N T A T I O N
8
SOLARJUICE
American Solar Module Manufacturing (D.B.A Solar4America)
For more information, visit https://solar4america.com/
SPI expects to own over 85% of Solarjuice Co., Ltd. after its IPO
LOCATION
McClellan Park, CA

9. I N V E S T O R P R E S E N T A T I O N
Solarjuice Australia Wholesales (D.B.A Solarjuice. Au)
For more information,
visit https://solarjuice.com.au/
SOLARJUICE
Solarjuice American Roof and Solar Installation (D.B.A. Roof4America)
For more information,
visit https://www.solarjuiceamerica.com/
LOCATION
Sydney, Australia
LOCATION
Livermore, CA

10. I N V E S T O R P R E S E N T A T I O N
OREGON
Community
Solar
18MW
MARYLAND
117MW
ILLINOIS
113.2 MW
HAWAII 21.87MW
MASSACHUSETTS
12.3MW
PROJECT
DEVELOPMENT
PIPELINE
10
PROJECT DEVELOPMENT BUSINESS
(D.B.A. SPI Solar)
CALIFORNIA
13.39MW

11. I N V E S T O R P R E S E N T A T I O N
Greece
22 Projects
34.1 MW
U.K.
2 Projects
8.1 MW
Italy
1 Project
1.0 MW
U.S.A.
1 project
0.71 MW
 Orange Power is a pure play
independent power
producer (IPP)
 Has made over $100m
investment in Greece, UK,
Italy and U.S.
 Generates stable operating
cash flows per year
 43.84 MW capacity in
operation
IPP ELECTRICITY SALE BUSINESS
(D.B.A. Orange Power) LOCATION
Europe & USA

12. I N V E S T O R P R E S E N T A T I O N
12
AMERICAN SOLAR WAFER MANUFACTURING BUSINESS
(D.B.A. SEM Wafertech)
• SEM Wafertech is aimed at producing American
made solar wafers
• To be the first large sized silicon wafer facility set up
in the United States in nearly a decade
LOCATION
Sumter, SC

13. I N V E S T O R P R E S E N T A T I O N
13
PHOENIX MOTOR EV BUSINESS
(D.B.A. Phoenix Motorcars)
SPI owns 80% of Phoenix Motorcars (Nasdaq Ticker: PEV)
LOCATION
Anaheim, CA

14. I N V E S T O R P R E S E N T A T I O N
GREEN HYDROGEN & FUEL CELL BUSINESS
(“Altergy Assets” D.B.A. H2America)
Newly established H2America Inc. focus on the technology
development & production of Green Hydrogen and Fuel cells
LOCATION
Folsom, CA

15. I N V E S T O R P R E S E N T A T I O N
15
OTHER INVESTMENT BUSINESS
SPI has also made several early-stage
investment
i. Electric scooter, dba Zoomers
ii. Solar powered data mining, dba Umining
iii. Solar powered agriculture including Alfalfa &
Hemp CBD

16. I N V E S T O R P R E S E N T A T I O N
MANAGEMENT TEAM
 Ex-Chairman of the Management
Board and Chief Executive Officer
of a publicly-listed company
 Three decades of engineering and
operation experience in the solar
and electronics industries
 Master of Science in computer
integrated manufacturing from
Nanyang Technological University,
Singapore
Hoong Khoeng Cheong
COO
Denton Peng
CHAIRMAN & CEO
 One of the Pioneers & Entrepreneurs
in Renewable Energy industry
 Led several NYSE & NASDAQ public
companies
 Two decades experience in solar,
battery storage, EV and EV charging
 Graduated from Beijing University
Guanghua School of Management
with an executive MBA degree
Kevin White
VP OF SOLAR
DEVELOPMENT
 Over a decade of experience in
Renewable Energy Industry
 Former M&A and EPC for
Panasonic’s Eco Solutions
 Led $900MM of renewable energy
projects across the US since 2010
 MBA with focus in Renewable
Energy
Janet Chen
CFO
 20 years experience in auditing,
accounting, reorganizations,
mergers & acquisitions, IPOs, and
SEC reporting
 Experienced in US GAAP financial
and internal control advisory
services, member of CICPA and
FCCA
 Bachelor degree in accounting from
Shenzhen University
Jack Lee (Singapore)
VICE PRESIDENT OF GLOBAL
PROJECT DEVELOPMENT
 Experience in electrical and
infrastructure industries over last 25
years
 Manager in energy, industry
infrastructure project/maintenance,
PV construction
 Led project transaction with
numerous successful deals and
project financing in Southeast Asia,
the UK and the US
Vassilis Orfanos (Greece)
VICE PRESIDENT OF EUROPEAN
ASSETS MANAGEMENT
 Two decades as technical consultant at
Th. Vassilakis Group of Companies
(authorized repairer for AEGEAN Airlines,
HERTZ, SEAT, SAAB, OPEL, FORD)
 Construction and Operation
Management of SPI in Greece for last
decade, managing 34MWp solar projects
Gaia (Italy)
COUNTRY MANAGER
 A decade of experience in
management ofPV assets in
Italy and Europe working for
top Chinese investors.
 Currently managing 16.5 MW
of pipeline in Italy, U.K. and
Greece for SPI.

17. I N V E S T O R P R E S E N T A T I O N
KEY FINANCIALS
$98
$138 $162
$177
$250
$0
$50
$100
$150
$200
$250
$300
2019 2020 2021 2022 2023
Year Ended Dec. 31
REVENUE
OPERATING INCOME
GROSS MARGIN
NET PROFIT
In $Ms
7.3%
12.2%
6.6%
8.2%
0%
5%
10%
15%
2019 2020 2021 2022
Year Ended Dec. 31
1* Pattern filled columns reflects the projected revenue of $250 - $300 million in 2023
1*
$(19.1)
$0.1
$(41.5)
$(28.6)
-$60
-$40
-$20
$0
$20
2019 2020 2021 2022
Year Ended Dec. 31
In $Ms
$(19.1)
$(6.5)
$(45.5)
$(33.4)
-$60
-$50
-$40
-$30
-$20
-$10
$0
$10
2019 2020 2021 2022
Year Ended Dec. 31
In $Ms

18. I N V E S T O R P R E S E N T A T I O N
18
INVESTMENT HIGHLIGHTS RECAP
Strong Revenue Growth with Profitable Earning Expectation
IRA policy in U.S. and other provisions boosting the global Renewable energy market
Well-positioned Renewable Energy Portfolio in Solar, Electric Vehicle, and Hydrogen Sectors
Strong & growing solar project pipelines in USA and Consistent cashflows from the operating assets
Strong equity value created from pure play spined off subsidiaries, including Phoenix Motor (Ticker:
PEV), SolarJuice (Ticker: SJA), IPP business, Orange power (In process to do Spin-off IPO)
1st Large-size leading technology solar wafer manufacturing facility set up in U.S. (SEM Wafertech)
Diversified and in deep industry experienced international management team
I
II
III
IV
V
VI
VII

19. Headquarters
4803 Urbani Ave, McClellan Park, CA 95652
www.spigroups.com
I N V E S T O R P R E S E N T A T I O N
Denton Peng
Chairman & CEO
denton.peng@spigroups.com
Dave Gentry
CEO RedChip Companies
dave@redchip.com