Ebusco wins order for 90 buses for Berlin city

Contract with BVG expands Ebusco's presence in Germany

Deurne, 21 December 2021 - Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has signed a contract with Berliner Verkehrsbetriebe ("BVG") for 90 Ebusco 2.2 buses for the city of Berlin. This contract expands Ebusco's presence in the strategically important German market. The delivery of the 90 Ebusco 2.2 buses to BVG is scheduled for 2022.

BVG is Germany's biggest public transport operator and is committed to transform its entire bus fleet to electric buses by 2030. The order of 90 Ebusco 2.2. buses will bring its electric bus fleet to 228 buses. Furthermore, the contract includes an option to order another 60 Ebusco 2.2 buses until one year after the delivery of the first bus.

Ebusco is active in the German market since 2017, and already has buses in operation in German major cities, including Munich, Bonn and Frankfurt. With this contract, Ebusco expands its presence to another major city in Germany, one of Ebusco's key target markets, having 54 buses on the German roads.

Peter Bijvelds, CEO of Ebusco comments: "We are delighted to welcome BVG as our client and to be selected to contribute to BVG's transition to an entirely zero-emission bus fleet. As the largest public transport operator, BVG plays a pioneering role in transitioning the German public transport market to climate neutral solutions. We are proud that BVG has chosen for Ebusco and we are looking forward to establish a solid relationship."

The high and consistent battery performance in combination with the competitive TCO were important considerations for BVG for choosing Ebusco.

More information

www.ebusco.com

Rob Stevens

Manager Marketing & Communication Tel: +31 88 110 02 23 pr@ebusco.com

For press images:www.ebusco.com/press/

About Ebusco

Ebusco is a developer, manufacturer, and distributor of zero emission buses and charging systems as well as a supplier of ancillary products and services to the electric vehicle ecosystem. As an innovative frontrunner in the development of electric buses, its mission is to contribute to a better living environment by driving the transition to zero emission public transportation.

Ebusco's buses currently operate in multiple countries in Europe, including in major cities such as Amsterdam, Frankfurt, and Munich. Ebusco was founded in 2012 and had a workforce of over 214 full-

time employees as at 30 June 2021. The company is headquartered in Deurne, the Netherlands and has, next to its production facilities in Deurne, a third-party facility in Xiamen, China.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam. For more information: www.ebusco.com

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Ebusco Holding NV published this content on 21 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2021 16:09:03 UTC.