Energy S p A : Presentation for NextGems Milan, on 17.10.2023

Energy S.p.A.

Company Overview - H1 2023 Results

Disclaimer

"This presentation and the information contained herein (unless otherwise indicated), are provided by Energy S.p.A. ("Energy") solely for informational purposes. By attending this presentation or otherwise viewing this presentation, or having access to the corresponding information, you are agreeing to be bound by the following. This presentation and its contents are strictly confidential and may not be distributed or passed on to any other person or published or reproduced, in whole or in part, by any medium or in any form for any purpose.

The content of this document has a merely informative and provisional nature and is not to be construed as providing investment advice. This document does not constitute a prospectus, offering circular or offering memorandum or an offer of securities for sale, or a solicitation of an offer to purchase, subscribe for or otherwise acquire, any securities of Energy, in any jurisdiction, including but not limited to the United States, Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful.

Neither this document nor any part of it nor the fact of its distribution may form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. The shares of Energy S.p.A. (the "shares"), as referred to in this document, have not been registered and will not be registered pursuant to the USA Securities Act of 1933, as amended (the Securities Act) or pursuant to the corresponding regulations in force in the other countries, and they may not be offered or sold in the United States or to US citizens unless these securities are registered in compliance with the Securities Act, or if an exemption from the requirements of Registration by the Securities Act is set forth.

The information herein does not intend to be comprehensive or to include all the information that a potential or existing investor may wish to have. In all cases, the interested parties must carry out their own investigations and analyses of Energy which may include an analysis of the data of this document, but they must also include an analysis of other documents, including the financial statements for the period. This presentation contains forward-looking statements. Forward looking statements include, but are not limited to, all statements other than statements of historical facts contained in this presentation, including, without limitation, those regarding Energy results of operations, strategy, plans, objectives, goals and targets.

The information contained in this presentation is provided as of the date of this presentation and is subject to change without notice. The information contained in this document may be updated, completed, revised and amended and such information may change materially in the future. Energy is under no obligation to update or keep current the information contained in this presentation. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. Neither Energy, its shareholders, nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. Any proposed terms in this presentation are indicative only. The distribution of this document and any related presentation in other jurisdictions than Italy may be restricted by law and persons into whose possession this document or any related presentation comes should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction."

Energy S.p.A. || ENY

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Today's Speakers

Davide Tinazzi

Founder & CEO

• PhD in Engineering, Master in Project and Innovation Management
• Former Project Manager
  in the field of nanotechnology
• Served as COO in former Mitsubishi Electric Klimat Transportation Systems

Daniele Manfroi

CFO

• MBA, Degree in Business Management, post-graduate Master in Environmental Management
• Former Auditor in Quality, and EHS certification
• Served as Quality and EHS manager in Mitsubishi Electric Klimat Transportation Systems

Energy S.p.A. || ENY

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Agenda

1. Energy at a glance
2. H1 2023 Financial Highlights
3. Strategic achievements and objectives
4. Q&A

ANNEX

Energy S.p.A. || ENY

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1. Energy at a glance

A leading Italian energy storage advanced system integrator

Energy S.p.A. || ENY

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Our Mission

Energy S.p.A. || ENY

"We give every individual, family or business, the tangible opportunity to mitigate climate change and actively contribute

to the green energy transition.

Everyone can reduce the emissions of CO2 by maximizing the self-productionof

electricity, contributing to the grid stability".

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10 years of growth and success

Established in 2013, Energy is an advanced system integrator of Energy Storage Systems (ESS). Since inception, Energy has grown under the leadership of Mr. Tinazzi to become the reference player in the Italian market for ESS solutions, in partnership with primary global manufacturers of components, supplying integrated systems to both residential and C&I.

	Italian main system	Triple digit growth:
	integrator
	€50m+ revenues
	of products from leading
Energy is founded	(CAGR2014-2021 +158%)
global manufacturers
9,000+ systems sold
		56 MW sold

	2015		2020		2022
2013		2015-19		2021

Joint Venture with

PylonTech

The production capacity is expected to be of 600-800 batteries/day by the end of 2023 and will be 10 times higher by the end of 2025

Acquisition of Cloud

Computing Srl

2023

"Like Tesla":

Musk's video describing
Tesla's Powerwall ESS
increases awareness
on Energy's products and	Introduce the
starts	zeroCo2 line
pushing sales.

New production and assembly facility for Extra Large ESS + for batteries assembling

Energy S.p.A. || ENY	Listing on Euronext	8
Growth Milan Market

1. compelling Equity Story

Attractive business based on global megatrend

Strategic market positioning

Outstanding flexibility in executing and adapting strategic priorities

Unique product offering

Solid and committed suppliers' relationship

Energy S.p.A. || ENY

Indisputable management track record

Strategic positioning

Energy has started the process of in-sourcing some strategic production activities of its

components, in order to become a full system integrator, controlling a significant part of energy storage systems value chain, by insourcing the manufacturing of ESS' hardware and software and investing in acquisitions for vertical integration into the supply chain consistent with the strategy pursued.

Pure battery	System or	Integrated	Pure software	Advanced	Full System
producers	product
battery producer	provider	System	Integrator
	integrator
				Integrator
Energy S.p.A. || ENY					10