Financial Data and Key Metrics Changes - The consolidated revenue for Q4 2024 was $30 million, a sequential increase of 20% compared to Q3 2024 [10] - Full-year 2024 total revenues were $126 million, down from $140.6 million in 2023 [30] - Service revenues for Q4 2024 grew 24% year-over-year to $9.8 million, while full-year service revenues reached $34.8 million, representing a 31.8% increase [31] - Gross margin for the full year was 32%, with an adjusted gross margin of over 35% for Q4 2024 when excluding asset adjustments [32][34] - Operating expenses decreased by 21% to $23.1 million in Q4 2024 compared to Q4 2023, and full-year operating expenses were reduced by 24% to $111 million [33] Business Line Data and Key Metrics Changes - The number of company-owned chargers increased by 33% to 6,867 by the end of 2024, contributing to a 32% increase in service revenue [18] - Revenue from DC fast chargers grew nearly 500% in 2024 compared to 2023, highlighting a strategic focus on this segment [20] Market Data and Key Metrics Changes - New electric vehicle sales in January 2025 were up nearly 30% compared to January 2024, marking the tenth consecutive month of over 100,000 EVs sold in the U.S. [14] - Used EV sales also grew by nearly 31% year-over-year in January 2025, indicating strong demand for charging services [16] - In the UK, nearly 20% of vehicles sold in 2024 were electric, and Belgium saw a 36% increase in EV registrations [23] Company Strategy and Development Direction - The company is focused on becoming a leading global EV infrastructure provider, emphasizing the growth of Blink-owned chargers and service revenues [9][38] - The "Blink Forward" strategy aims to enhance profitability through cost reduction, flexible customer-centric business models, and capitalizing on market consolidation opportunities [39][44] - The company is actively pursuing non-dilutive capital sources to support its growth strategy [110] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued growth of service revenues throughout 2025, with expectations for product revenue to improve in the second half of 2025 [36] - The company is monitoring political developments and market conditions regarding tariffs but does not expect significant impacts on gross margins [17] - Management acknowledged the challenges of the current industry landscape but emphasized the company's resilience and commitment to achieving profitability [46] Other Important Information - The company reduced cash burn by 51% in 2024, with operating cash burn decreasing from $18 million per quarter at the end of 2023 to $9 million per quarter at the end of 2024 [28] - The company ended 2024 with cash liquidity of $55 million, including liquid marketable securities and no cash debt [35] Q&A Session Summary Question: 2025 outlook on product sales visibility - Management indicated optimism for product sales in the second half of 2025, with a focus on balancing owner-operator and product sales strategies [49][52] Question: Acquisition targets in Europe and South America - Management confirmed they are considering acquisition opportunities but emphasized the need for careful selection to avoid overpaying [55] Question: Timeline for Envoy IPO - Management stated they are on track for an IPO in the spring [58] Question: Shifting focus towards owner-operator model - Management clarified that the shift is a long-term strategy rather than a reaction to short-term market dynamics [64] Question: Expected margins as the owner-operator model grows - Management did not provide specific guidance on margins but indicated that the owner-operator model could lead to improved margins [68] Question: Utilization improvements from new connectors - Management noted that the deployment of new connectors is still in early stages, with expected future benefits [74] Question: Path to positive EBITDA - Management emphasized the need for aggressive top-line growth and further cost reductions to achieve positive EBITDA [80] Question: Business mix and state support for growth - Management expressed optimism about state contracts and opportunities in Europe, indicating a diversified approach to growth [91] Question: Working capital management opportunities - Management confirmed ongoing efforts to improve working capital management and cash flow [95]

Financial Data and Key Metrics Changes - The consolidated revenue for Q4 2024 was $30 million, a sequential increase of 20% compared to Q3 2024 [7] - Full year total revenues were $126 million, down from $140.6 million in 2023 [21] - Service revenues for Q4 2024 grew 24% year over year to $9.8 million, while full year service revenues reached $34.8 million, representing a year over year growth of 31.8% [19][21] - Gross margin for the full year was 32%, with an adjusted gross margin of over 35% for Q4 2024 when excluding asset adjustments [19][20] - Loss per share for Q4 was $0.73, improving from $0.28 in the prior year [20][21] Business Line Data and Key Metrics Changes - Service revenue for the year was driven by increased utilization and a greater number of Blink-owned chargers, which increased by 33% to 6,867 units [11][12] - Revenue from DC fast chargers grew nearly 500% in 2024 compared to 2023 [12] - Charging revenue for the year reached $21.4 million, a 37% increase [11] Market Data and Key Metrics Changes - New electric vehicle sales in January 2025 were up nearly 30% compared to January 2024, marking the tenth consecutive month of over 100,000 EVs sold in the U.S. [9] - Used EV sales grew by nearly 31% year over year in January 2025, contributing to increased demand for charging services [10] - In the UK, nearly 20% of vehicles sold in 2024 were electric, with a 57% increase in used electric vehicle sales [14] Company Strategy and Development Direction - The company is focused on becoming a leading global EV infrastructure provider, emphasizing the growth of Blink-owned DC fast chargers [6][23] - The strategic plan, "Blink Forward," aims to reduce operating expenses and cash burn while promoting profitability [23][26] - The company is exploring market consolidation opportunities to enhance growth and market share [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued growth of service revenues throughout 2025, with expectations for product revenue to improve in the second half of 2025 [21][22] - The company is actively pursuing non-dilutive capital sources to support its growth strategy [76] - Management acknowledged the challenges in the current market but emphasized the company's resilience and commitment to achieving profitability [27] Other Important Information - The company reduced cash burn by 51% in 2024, with operating expenses down 24% year over year [17][20] - The company ended 2024 with cash liquidity of $55 million and no cash debt [21] Q&A Session Summary Question: What is the outlook for product sales visibility in 2025? - Management expects some shortfall in product sales in the first half of 2025 but is optimistic about the second half due to new sales strategies [28][31] Question: Are there acquisition targets in Europe or South America? - Management confirmed that there are companies under consideration for acquisition, focusing on the right fit and avoiding overpayment [32][33] Question: What is the timeline for the Envoy IPO? - The company is on track for an IPO in the spring, with administrative processes proceeding as planned [34] Question: How will margins be affected as the company shifts towards owner-operator models? - Management indicated that margins are expected to remain stable, with potential for improvement on the owner-operator side [42][56] Question: How is the company addressing regulatory changes and tariffs? - The company has production facilities in the U.S. and India, which helps mitigate the impact of tariffs [78] Question: What progress has been made in alternative customer channels? - Significant progress has been made with electrical distributors and local municipalities, which are seen as key growth areas [70][71] Question: How is the company positioned in the residential EV charging market? - The company focuses on commercial and multifamily markets, capitalizing on building codes that require EV charging infrastructure [87] Question: What measures are being taken to improve working capital management? - The company is implementing measures to improve cash flow from accounts receivable and inventory management [63][64]

2 3 3 * - All comparisons are Q4 -2024 year -over -year, unless otherwise noted 4 4 Total Revenue 31.8% Service Revenue 16.5% Network Fees 372 bps Gross Margin 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 36,337 51,073 58,907 66,478 72,941 78,769 84,725 89,825 94,476 98,261 105,239 24% 76% North America International 109,596 Increasing charger utilization and global footprint expansion leads to incremental revenue growth *Cumulative number since company inception Total Charging Stations Contr ...

Financial Data and Key Metrics Changes - In Q4 2024, consolidated revenue was $30 million, a sequential increase of 20% compared to Q3 2024 [8] - Full year 2024 total revenues were $126 million, down from $140.6 million in 2023 [21] - Service revenues for Q4 2024 were $9.8 million, a 24% increase year over year [21] - Gross margin for the full year was 32%, with an adjusted gross margin of over 35% in Q4 2024 without asset adjustments [22][23] - Loss per share for Q4 2024 was $0.73, improved from $0.28 in the prior year [24] Business Line Data and Key Metrics Changes - Service revenue for the full year was $35 million, driven by increased utilization and a greater number of Blink-owned chargers [10] - Revenue from DC fast chargers grew nearly 500% in 2024 compared to 2023 [14] - Network fees increased 9% year over year to $2.4 million [8] Market Data and Key Metrics Changes - New electric vehicle sales in January 2025 were up nearly 30% compared to January 2024, marking the tenth consecutive month of over 100,000 EVs sold in the U.S. [11] - Used EV sales grew by nearly 31% year over year in January 2025 [12] - In the UK, nearly 20% of vehicles sold in 2024 were electric, with a 57% increase in used EV sales [16] Company Strategy and Development Direction - The company is focused on becoming a leading global EV infrastructure provider, emphasizing the growth of Blink-owned DC fast chargers [7][27] - The strategic plan, Blink Forward, aims to reduce operating expenses and cash burn while promoting profitability [27][30] - The company is exploring market consolidation opportunities to enhance growth [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued growth of service revenues throughout 2025 [25] - The company is monitoring political developments and market conditions regarding tariffs but does not expect significant impacts on gross margins [13] - Management highlighted the importance of operational strategies to navigate the challenging industry landscape [27] Other Important Information - The company reduced cash burn by 51% in 2024, with operating expenses down 24% [20][27] - The company ended 2024 with cash liquidity of $55 million, including liquid marketable securities and no cash debt [25] Q&A Session Summary Question: What is the outlook for product sales visibility in 2025? - Management expects some challenges in the first half of 2025 but is optimistic about the second half due to new sales strategies [32][36] Question: Are there acquisition targets being considered? - Management confirmed that there are companies under consideration for acquisition, particularly in Europe [37][38] Question: What is the timeline for the Envoy IPO? - The company is on track for an IPO in the spring [39] Question: How will margins be affected as the company shifts towards owner-operator models? - Management indicated that margins are expected to remain stable, with potential for improvement on the owner-operator side [47][61] Question: How is the company addressing regulatory changes and tariffs? - The company has production facilities in the U.S. and India, which helps mitigate tariff impacts [83] Question: What is the status of the residential EV charging market? - The company focuses on commercial and multifamily markets, with increasing demand for charging infrastructure [93][94]

Company Overview - ZOOZ Power Ltd. is a leading provider of flywheel-based power boosters and energy management systems, focusing on ultra-fast EV charging solutions [1][4] - The company has recently shipped its first power-boosting system, the ZOOZTER™-100, to China, marking a significant step in its market penetration [1][3] Market Context - China's electric vehicle (EV) market is experiencing rapid growth, with EVs accounting for nearly 50% of total car sales in 2024, indicating a strong demand for efficient charging solutions [2][9] - The Shanghai pilot installation of ZOOZ Power's technology aims to enhance Yixiaoju's charging station capabilities and facilitate market penetration of ZOOZ's flywheel-based technology in China [2] Strategic Partnerships - The ZOOZTER™-100 will be installed at a site developed by Yixiaoju Technology Co., Ltd, which operates within the Orange Charging network, the largest charging network in China with over 115,000 fast chargers [1][2] - ZOOZ Power's collaboration with DiDi's energy sector, which has a market cap of $24.3 billion, presents significant opportunities for the company to expand its presence in the Chinese market [1][3] Technology and Innovation - ZOOZ Power's flywheel-based technology allows for ultra-fast charging even in areas with limited grid capacity, thus avoiding costly grid upgrades and maximizing charging station effectiveness [3][5] - The company's solutions are designed to improve utilization rates, efficiency, flexibility, and accelerate revenue and profitability growth for its customers and partners [6]

Company Overview - ZOOZ Power Ltd. is a leading provider of flywheel-based power boosters and energy management systems aimed at enabling ultra-fast EV charging solutions [1][4] - The company has recently shipped its first power-boosting system, the ZOOZTER™-100, to China, marking a significant step in its market penetration [1][3] Market Context - China's electric vehicle (EV) market is experiencing rapid growth, with EVs accounting for nearly 50% of total car sales in 2024, indicating a strong demand for efficient charging solutions [2][9] - The Shanghai pilot installation of ZOOZ Power's technology will enhance the capabilities of Yixiaoju's charging station and facilitate market penetration of ZOOZ's flywheel-based technology in China [2] Strategic Importance - The collaboration with Yixiaoju Technology Co., Ltd., which operates within the Orange Charging network, provides ZOOZ Power access to China's largest charging network, which has over 115,000 fast chargers [1][2] - ZOOZ Power's technology is designed to support the expansion of ultra-fast charging networks while alleviating pressure on local electricity grids, thus addressing a critical need in the growing EV market [2][3] Technology and Innovation - ZOOZ Power's flywheel-based technology allows for ultra-fast charging even in areas with limited grid capacity, eliminating the need for costly grid upgrades [3][5] - The company's solutions are built with sustainability in mind, aiming to improve utilization rates, efficiency, flexibility, and profitability for its customers and partners [6]

As filed with the Securities and Exchange Commission on January 25, 2024 Registration No. 333-276415 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________ NUVVE HOLDING CORP. (Exact name of registrant as specified in its charter) _____________________ (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 5541 86 ...

As filed with the Securities and Exchange Commission on January 5, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________ NUVVE HOLDING CORP. (I.R.S. Employer Identification Number) 2488 Historic Decatur Road, Suite 200 San Diego, California 92106 (619) 456-5161 (Address, including zip code, and telephone number, including area code, of registrant's princip ...

Table of Contents As filed with the Securities and Exchange Commission on May 22, 2023 Registration No. 333-271536 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NaaS Technology Inc. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5990 Not Applicable (Primary Standard ...

Table of Contents As filed with the Securities and Exchange Commission on May 19, 2023 Registration No. 333-271536 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NaaS Technology Inc. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 5990 Not Applicable (Primary Standard ...