romeo power spac investor presentationflamingo land new ride inversion

Alpha IR Group Romeo Power merges with SPAC. Stockholders, potential investors and o the r interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decision. If you experience any issues with this process, please contact us for further assistance. You are cautioned not to place undue reliance upon any forward - looking statements. EX-99.2 8 ea125677ex99-2_hennessy.htm INVESTOR PRESENTATION DATED AUGUST 2020 . This presentation shall also not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the Business Combination or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Information on acquisition, funding, investors, and executives for Romeo Power. Download PDF . Investor Presentation Q3 FY23. 2 Truck OEM Companies include Volvo, Paccar, Traton and Navistar . CAREER PROFILE<br><br>Seasoned executive in the financial services industry with a passion for wealthtech and wealth creation for all. 10 Romeo Power at a Glance Powered By World Leading Technology Romeo Power Modular and Scalable Product Design Approach Enables Customer Centric Solutions Founded in 2016 By former leaders from Tesla, SpaceX, Amazon , Apple, and Samsung ~100 Dedicated employees 60+ Battery - Specific Engineers 7 GWh Capable / 113,000 sq. and Romeo Power Joint Merger Press Release, 7-30-22 8K: Stockholders, Romeo Stockholders Tender Reminder: Process & Instructions for How Q2 Earnings Call Presentation, 8-8-22 Form Romeo Power Investor Alert: Kaplan Fox Investigates Romeo Power: Attractive Entry Point For Choice Pick In EV Battery Space Romeo Power is still a fairly new company having only been founded in 2016. WHO WE ARE About Us Our History Mission, Vision, Values Management team Board of Directors DRILLING SERVICES Surface Drilling Underground Drilling Geotechnical Drilling Directional Drilling Reverse Circulation BEST PRACTICES Health & Safety Environmental Protection INNOVATION SHAREHOLDER INFORMATION HEAD OFFICE Orbit Garant Drilling inc. 3200, Jean-Jacques Cossette BlvdVal-d'Or, Quebec J9P 6Y6 . 2024E Rev. you are providing consent to Romeo Power to send you the requested Investor Email Alert updates. Romeo will contribute initial capital for the facility in return for a 30% share of net profits Romeo Partnership with Heritage Brings 500 Vehicle Conversion Opportunity and Significant Profit Share Facility, 24 Experienced Leadership T eam Lionel Selwood, Jr Chief Executive Officer AK Srouji, PhD Chief Technology Officer Criswell Choi Chief Operations Officer Michael Patterson Founder and Chief Sales Officer Lauren Webb Chief Financial Officer, Romeo Power Overview Validated Technology & Products Section 1, 26 Engineering Overview Strong team with relevant combined experience across key engineering disciplines Romeo Engineering Overview Select Professional Experience Representative Product Launch Experience of Romeo Engineering Team Apache Helicopter SpaceX Dragon Rocket Tesla Roadster Tesla Model S Tesla Model X Faraday Future FF91 Fiat 500e Porsche Cayenne Hybrid 60+ battery - specific engineers Deep knowledge experts team across all core engineering disciplines including electrical, thermal, chemical, mechanical, electrochemistry Team members experienced with multiple prolific vehicle launches Combining automotive, space, and aviation tech to create the most advanced battery systems for electric vehicles 7 GWh - capable, fully functional manufacturing and R&D center located in Los Angeles, California, 27 Technology Overview Romeos batteries use a modular design and best - in - class components Cell procurement is a carefully guided process with rigorous testing and validation processes to ensure only the best cells are selected Romeos packs and modules are cell - agnostic, allowing the company to use only the best for each application, and adapt and change as new cells come to market Cell Science Flexible and customizable design acts as a building block which allows for custom packs without needing months / years of additional R&D for each prototype Modules are designed to meet the highest safety standards and have undergone extensive testing and broad - based customer validation, both at the individual pack and module level Module Technology Mechanical pack design addresses key requirements from durability and crashworthiness to manufacturability, serviceability, and recyclability Flexible design allows the company to reach significant scale and a broad range of customer needs without incurring significant additional costs and overhead Pack Technology Battery management system serves as complete solution for monitoring and control Romeos BMS are built on a highly configurable platform, allowing it to support a wide variety of architectures, and driving lower cost and a faster time to market when compared to peers BMS Developed by Romeo In - House 1 2 3 4 Exhaustive Testing In - House, 28 Cell Science & Technology Cell Supplier Selection Broad Spectrum of C ells and Chemistry for Multiple Applications 1 A highly selective process allows Romeo to use only the top - tier quality cells Multi - tiered Cell Validation Stage 1 Stage 2 Stage 3 Beginning of Life Electrical Characterization Welding Evaluation Reproducibility Evaluation Single Cell Safety Test Cycling / Calendar Aging Open Circuit Voltage Degradation Fast C harging Critical gating step for long - term commitments Over 200 Cells Tested from 10 Suppliers 10 Cells Qualified 6 Cells Qualified Only 4 Cells Ultimately Qualified Romeos extensive cell selection process allows the company to rigorously test hundreds of cells and choose only the best for each application, based on energy density, quality and safety standards Evaluation of long term behavior for specific application Identify parameters for battery management system Collect data to strengthen battery pack warranty Characterize and verify quality of supplier manufacturing processes Verify mature cell can pass Romeos stringent safety metrics Verify supplier claims, and evaluate state of chemistry Validate mechanical properties 0 200 400 600 800 1000 0 40 80 120 160 200 240 280 320 360 Energy Density (Wh/l) Specific Energy (Wh/kg) Moderate requirements Longest range, and longest life Fastest Charge High power low density, 29 Module Technology Flexible and efficient building block for configurable, scalable energy storage 2 Hermes Module Configurable and Scalable (x8 voltage variants) Integrated B attery M anagement Board High Performance, Integrated and Structural C ooling - plate Lightweight I solation Material Key Attributes Market - leading automotive building block with active high cooling performance 20 - 30% more energy density than same - size competitor packs 1 High stability and superior thermal management (<4 C Temp delta) Patented cold - plate technology allows for quick integration into Class 1 to Class 8 electric motors Electrical isolation protection achieved without compromising energy density or thermal performance Liquid active cooling within slimmest volume factor (7% of volume) No fire propagation during single or multiple cell failures 2hr baseline charge time for optimal life (20min, fast charge to 80%) Highest manufacturing rate at <100 ms per Cell 1 Management estimate, 30 Pack Technology Customers are willing to pay a premium for integrated products from their battery solution provider 3 Hermes Module Delivery Truck Step - Van Freight Bus / Shuttle Fire Truck Refuse Truck Passenger Truck High Performance EV Using 4 major cells, with 8 voltage variants and 6 different packs, Romeo is able to create 192 products utilizing the same module, manufacturing line, process and test sequence, allowing for high customizability and product expansion with ease 1 Representative only, non - exhaustive list of potential end markets or offerings. On Tuesday evening Romeo Power, a $1.3bn battery manufacturer for commercial vehicles, reported its first earnings as a listed company after merging with Spac RMG Acquisition Corp on December. Forward - looking statements included in this presentation speak only as of the date of this presentation. It's led by president and CEO Lionel E. Selwood, Jr. Selwood only recently took on the CEO role but has been serving. 6/3/22. Romeo Power for an online investor presentation and live Q&A discussionregarding their proposed merger Date: Tuesday, December 15th Time: 1:00 p.m. (Eastern Time) * Management will be taking questions from the audience * Share this: LinkedIn Twitter Print Email ByKristi Marvin Search Cart Archives The transaction values the company at $1. 2021 Romeo Power, Inc. All Rights Reserved. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Corporate Overview. Advanced Proprietary BMS Integrated safety features 6. 2 Important Notice This presentation (the "presentation") is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments of RMG Acquisition Corp. ("RMG") or Romeo Systems, Inc. ("Romeo") or any of their respective Romeo Power merges with SPAC | PitchBook 2 Assuming $234mm cash held in trust by RMG, $150mm PIPE proceeds and no redemptions RMG Team & Romeo Director Nominees Phil Kassin President and COO Lionel Selwood, Jr Chief Executive Officer Michael Patterson Founder and Chief Sales Officer, 6 Highly Experienced RMG Management Team Founder and CEO of Riverside Management Group Former CEO of Horsehead Industries Co - Founder of Mohegan Energy Founding Investor & Board Member of Allied Resource Corp. Chairman Jim Carpenter Former Partner, Founder & Co - Head of Power Investment Business at Carlyle (NASDAQ:CG) Former Managing Director of Goldman Sachs (NYSE:GS) Co - Founder & Head of Power Investment Business, Founder & Head of Commodities Principal Investment Business at Goldman Sachs (NYSE:GS) Former Chairman & CEO of Cogentrix Energy CEO and Director Bob Mancini Former Senior Managing Director of Evercore (NYSE:EVR) Former Head of M&A & Financing at Access Industries Former Board Member and Chairman of the Finance & Investment Committee at LyondellBasell (NYSE:LYB) Senior investment banking roles at Morgan Stanley, Goldman Sachs, Merrill Lynch and AIG President, COO and Director Phil Kassin RMGs Due Diligence Conducted on Romeo RMG Acquisition Corp. (RMG) is NYSE listed SPAC which completed its $230mm IPO on February 12, 2019 RMG Management Team has significant public company board experience (NYSE, NASDAQ, and TSX) Sponsored by Riverside Management Group, a leading merchant bank with ~25 years of experience in M&A advisory and principal investing Anchor investors include: RMG Acquisition Corp. Overview G eneral corporate, employment matters and benefits, legal, litigation and potential claims, intellectual property, environmental health and safety, contract review, r eal estate and joint venture capital structure due diligence performed by Latham & Watkins Technical due diligence performed by Roland Berger Accounting and Tax due diligence performed by Grant Thornton Business due diligence completed by RMG RMG led extensive multi - month long industry - wide commercial, business, technological, financial and legal due diligence effort, engaging leading experts and advisors RMG Acquisition Corp. Overview, 7 $310mm Contracted Revenue and up to $2.4Bn Under Advanced Negotiation World - Class Battery Team with Technical Expertise and Deep Industry Experience 7 GWh State - of - the - Art West - Coast Production Facility with Optimized Manufacturing Capabilities Designed for High Growth Attractive and Large Industry Agnostic End Market Opportunity with Initial Focus on $225Bn Commercial Vehicles TAM in North America and Europe Established Customer Reputation for Safety and Reliability Driven by First Principles Research & Development Accelerated and De - risked Commercialization through Strategic Partnerships with Global Leaders in Vehicle Component Technology and Battery Recycling Order Book with Customers Representing ~ 68 % Market Share of the Class 8 Truck Market in North America and Landmark Agreement to Supply Leading Class 8 New Entrant Romeo Power Investment Highlights Across all battery technology categories, Romeo is a clear industry leader Through Romeos differentiated offerings and superior technology, we believe that Romeo is well - positioned to capture an industry - leading share of the estimated $665Bn global CV TAM 1 2 3 4 5 7 6, 8 Todays Agenda Transaction Overview Romeo Power Overview Leading Provider of Battery Packs and Battery Management Systems Validated Technology & Products 2 1, Romeo Power Overview Leading Provider of Battery Packs and Battery Management Systems Section 1. RMG Acquisition: Not Loving Romeo At This Point (NASDAQ:NKLA) No Representation or Warranty No representation or warranty, express or implied, is or will be given by RMG or Romeo or any of their respective affiliates, di rectors, officers, employees or advisers or any other person as to the accuracy or completeness of the information in this presentation or any other written, oral or other communications transmitted or otherwise made available t o a ny party in the course of its evaluation of the Business Combination, and no responsibility or liability whatsoever is accepted for the accuracy or sufficiency thereof or for any errors, omissions or misstatements, negligent or ot her wise, relating thereto. Lion's current development pipeline . Romeo Power For Investors ICR, Inc. RomeoPowerIR@icrinc.com For Media ICR, Inc. RomeoPowerPR@icrinc.com RMG Acquisition Corp. Philip Kassin Chief Operating Officer pkassin@rmginvestments.com 212 . Print Page | E-mail Page | In the interim, Heritages current recycling customers will provide the batteries for recycling. Lineup, Short Haul and Refuse, Pre - series Model Testing 2H19 CF Electric, Short Haul and Refuse, Fleet Trials 2019 ET - 1, Class 8 Truck, Announced Production 2019 Semi, Class 8 Truck, Limited Production 2020 Plan to spend 1bn+ in electro mobility by 2025 International eMV, Medium Duty, Production 2021 eActros, Class 8 Truck, Serial Production 2021 E - Fuso Vision One, Class 8 Truck, Serial Production 2021 FL and FE, Medium and Heavy Duty, Production 2021 eCascadia, Class 8 Truck, Serial Production 2021 Saf - T - Liner C2 Jouley, School Bus, Production 2020 R1T Pickup and R1S SUV , Production 2020 Romeo Development, MOU, Prototype and Production Customers $310mm Currently Under Contract Up to $2.4Bn Under Advanced Negotiation $210mm 1,2 $27mm 1,2 $64mm 1,3 Contracted revenue. Romeo does develop more than one module in - house With Just One Highly Configurable Module Romeo Can Create a Variety of Unique Packs Serving a Wide Range of Growing End Markets 1 Creating Massive Deployment Leverage at Every Level Orion V4 Orion V3 Orion V2 Orion V1 Flat V2 Flat 1 Yard Truck, 31 Battery Management System (BMS) Among the most flexible and configurable systems in the market today 4 Romeos BMS offers a complete solution for monitoring and controlling complex battery systems for automotive applications Voltage, current, temperature, isolation measurements Operating modes, contactor, pre - charge and charge control Safety measures isolation monitoring, high voltage interlock, manual service disconnect, hardware and software protections Advanced battery control algorithms Advanced diagnostics and prognostics Field configurability for fast and convenient integration Support over - the - air updates Cybersecurity Automotive ISO 26262 compliant 1 Others only measure voltage, temperature and current, leading to increased buffers and cost Romeo utilizes a series of sophisticated real - time onboard models as a result of proprietary testing and algorithm developments: More accurate remaining range estimation More accurate battery health estimation Enables safer and faster charging Value Proposition Advanced Algorithms Built on highly configurable platform Self - diagnostics Supports wide variety of architectures Operates with virtually every vehicle engine control unit Proven exceptional real world performance Low cost and robust Scalable from 48V to 1000V Faster time to market Vehicle Supervisory Controller On - board Advanced M odels Features Pack 1 ISO 26262 compliance is not yet complete, but expected by Q2 2021, 32 State - of - the - Art Production Facility In - house design, manufacturing and testing capabilities for Romeo North America 113,000 ft 2 North American Headquarters, strategically located in Los Angeles to attract the best industry talent Deliberately designed to allow for cost effective expansion of productions lines to 7 GWh / year capability All key battery development labs in - house, including: Reliability , Testing & Validation Lab Battery Cell Test Lab (Form Factor Agnostic) Battery Safety & Test Facility Section Battery Management Systems Engineering IS09001 Certified & UL2580 Certified 1 Module Lines Pack Lines Module Lines Pack Lines Electrical Automotive Test Lab Mechanical Automotive Test Lab Safety and Destruction Test Lab High Voltage Development Area Cell Technology Lab Thermal Engineering Lab BMS / Firmware Lab Battery Algorithms Lab End of Line Testing While many competitors outsource most testing and some assembly, Romeos complete in - house solution - set allows the company to protect IP, ensure quality control and accelerate development and production Site Highlights Romeo Facility Overview Indicates Function Typically Outsourced by Competitors Production Facility Outside of Los Angeles Materials In Product Out 1 UL 2580 Certified BR Module & Thunder pack, 33 Innovation Roadmap Significant strides have been and continue to be made in order to position Romeo as a breakaway leader 2021 2022 2023 Mass Production of Orion Pack Launch Gen 2 BMS with ISO 26262 Qualification Achieve Extreme Fast Charge of 15 Minutes Double Power Availability Develop Advanced Vapor Phase Change Cooling Develop Gen 3 BMS Innovation and the Mindset of Consistently Improving Have Been at the Forefront of Romeos Business, Allowing the Company to Achieve Milestones Far Ahead of its Competitors Romeo has developed a plan to execute over the next three years in product advancements and innovations designed to achieve n ew ground - breaking products, further its competitive advantage and unlock significant future growth potential 2016 2017 2018 2019 2020 Founded Created Passive Cooling Prototype Developed Low Voltage 48V System Developed and Assembled Production Line Conducted Microlaser Welding Trials Prototyped Highest Energy Density Active Cooling Module (Hermes) Demonstrated Materials Combination and Design for 1,000V Dielectric Withstand and Safety Launched Gen 1 BMS Built and Delivered 3,000 Hermes Modules for Class 7/8 Truck Fleet Evaluation Doubled Speed of Laser Weld Developed Machine Learning Algorithms for Fleet Battery Management Prototyped Flat Packs Achieved Fast Charge of 20 Minutes, 34 Among the Highest Energy Density in the Market Romeo is among the leaders in gravimetric energy density Volumetric ( Wh/l) Gravimetric (Wh/kg) Gravimetric and Volumetric Energy D ensity (Pack) 1 Sources: Roland Berger, Management Estimates 1 Proterra battery pack: energy density included is the maximum value specified by Proterra; Akasol 2021: gravimetric energy de nsi ty included is the maximum value specified by Akasol; BMZ: Module - level energy density adjusted by 10% to estimate pack level en ergy density . You can sign up for additional alert options at any time. . On . Romeo Power for an online investor presentation and live Q&A discussion regarding their proposed merger Date: Tuesday, December 15th Time: 1:00 p.m. (Eastern Time) * Management will be taking questions from the audience * By Kristi Marvin Search Archives Contact Terms of Use Privacy Policy Romeo Power - Investor Relations The vote date for the merger. 5 SPAC Stocks That Have New Merger Deals With Huge Upside 9/14/22. to Tender Shares. RMG Romeo Power LIve Investor Presentation and Q&A - YouTube RMG Acquisition Corp & Romeo Power are set to merge in a SPAC deal by the end of Q4 2020. The communication of this presentation is restricted by law; it is not intended for di str ibution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. RMO@alpha-ir.com. Investor Day Presentation. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. When RMG discusses its strategies or plans, including as they relate to the Busin ess Combination, it is making projections, forecasts and forward - looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, RMGs management. S-8 POS. Broad contact network in the global fintech space. 2 Through JV with BorgWarner Addressable Market Based on IHS - Markit 1 North America and Europe Commercial Vehicle +7mm vehicles sold annually ~$225Bn Global Commercial Vehicle 2 ~$665Bn +17mm vehicles sold annually Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 Class 8 Commercial Vehicle Market, 19 Accelerating Electrification of Vehicles All vehicles classes are rapidly shifting towards electric Projected Global Passenger Car EV vs. ICE Sales Growth ( 2020E - 2040E) 0 10 20 30 40 50 60 70 80 90 EV Sales ICE Sales Units (mm) 12+ U.S. States announced plans to make every new medium - and heavy - duty vehicle sold within their borders fully electric by 2050 Source: Morgan Stanley Research The Global Auto Climate Opportunity: Is Your Car Company 'CLEAN '? (August 10, 2020) Regulatory developments driven by consumer / societal pressures to reduce CO2 are helping drive rapid adoption of zero emission vehicles California proposed worlds first zero - emission sales mandate on commercial trucks, including 40% of trucks sold to be zero - emission by 2035 and 100% by 2045 Between 2025 - 2029, European Union fleet - wide average CO2 emissions must be 15% lower compared to 2019 levels; By 2030 they must be 30% lower, 20 Secured Partnerships and Committed Revenue in the CV Space Addressable Market Opportunity with $ 310mm in Committed Revenue and Significant Upside Opportunity The worlds largest logistics players committed to electric fleets Walmart has committed to reducing emissions by 18 % by 2025 Amazon has committed to being carbon neutral by 2040 Buying 100,000 electric vans The USPS is electrifying the majority of its 200,000 vehicle fleet UPS has placed orders for 10,000 electric delivery vehicles DHLs Mission 2050 targets zero - emission logistics by 2050 operate 70% of pick - up and delivery services with clean solutions IKEA is targeting 100% electric global deliveries by 2025 Republic Services o rdered 2,500 BEV waste trucks from Nikola with deliveries targeted in 2023 Virtually all major OEMs have announced electric vehicle programs LR Refuse, Refuse, Testing 2020 AEOS, Class 7 Truck, Announced Production 2020 Z.E. RMG Acquisition Corp | RMG Capital The principal limitation of this non - GAAP financial measure is that it excludes significant expenses and income that are require d by GAAP to be recorded in Romeos financial statements. Summary. (SPAC) 000000 00: BorgWarner Romeo Power: 28-Jun-2019: Joint Venture: Electrical Equipment: 0000000 0: efficient development of new product offerings WE HAVE OPTIMIZED FOR SPACE EFFICIENCY Market leading interior space relative to vehicle footprint with the industry's first true steer-by-wire platform coming to market MANUFACTURABILITY IS BUILT INTO OUR DESIGNS . Founded By Tesla, SpaceX Engineers, Battery Maker Romeo Power Finds SPAC Entry into a Material Definitive Agreement, Nikola In addition, this non - GAAP financial measure is subject to inherent limitations as they reflect the exercise of judgment by management about which expense and inc ome are excluded or included in determining this non - GAAP financial measure. You must click the activation link in order to complete your subscription. RMG and Romeo reserve the right to withdraw or amend for any reason any offering and to reject any Subscription Agreement for any reason. We obtained this information and statistics from third - party sources, including reports by market research firms and company filings. Romeo Power Company Profile: Acquisition & Investors | PitchBook Builder of new endeavours and team leader. Participants in the Solicitation RMG and its directors and officers may be deemed participants in the solicitation of proxies of RMG stockholders in connectio n w ith the Business Combination. But in the company's earnings report, that was lowered to between $18 and $40 million. Romeo Power SPAC Merger: 13 Things to Know About RMO - InvestorPlace Romeo Power - Events & Presentations Events & Presentations Romeo Stockholders: Click HERE for the Latest Information About the Tender Offer for the Nikola Transaction Upcoming Events Featured Presentation Archived Events & Presentations Larger Packs 1 MWh packs deliver the best BEV solution for long - haul 4. At Romeo Power, we promise to treat your data with respect and will not share your information with any third party. Why Romeo Power Missed Wall Street Estimates - The Motley Fool In order to compensate for these limitations, management presents a non - GAAP financial measure in connection with GAAP results. TENDER REMINDER FAQ for Romeo Wh en used in this presentation, words such as pro forma, anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, strive, w oul d and similar expressions may identify forward - looking statements, but the absence of these words does not mean that a statement is not forward - looking. Design , Testing and Production Full service in - house enables redundant quality checks Energy Density 1 Denotes Area of IP Defined Pathway with Continuous Potential Improvements Until 2030 Romeo Has Created a Compelling Solution through its Differentiated Technology Moat Today 2022 2025 2027 2030 Energy density at pack level 200 220 240 260 280 300 320 340 360 380 400 150 170 190 210 230 250 270 290 310 330 Wh/l Wh/kg Today 235 wh/l 185 wh/kg 2022 245 wh/l 210 wh/kg 2025 315 wh/l 234 wh/kg 2027 350+ wh/l 270+ wh/kg 2030 400+ wh/l 320+ wh/kg High Silicone system Solid or Semi - Solid State system, 16 Attractive Growth Opportunity Leading Edge Technology Enables Rapid Growth Advanced and Superior Technology including: Thermals , Safety, BMS and Materials $310mm Revenue Secured Through Signed Contracts Enhanced Governance and De - Risked Operations through RMG Acquisition Corp. and PIPE Highly qualified board adding to governance of Company with ~$350mm cash proceeds to fund attractive growth opportunities $412mm $765mm $1,156mm $1,650mm 2022E 2023E 2024E 2025E 59% CAGR Strong Top Line Revenue Growth Potential Sustainable projected run - rate EBITDA Margin: +20%, 17 Romeos Evolution and Growth Trajectory Evolution of Romeo Demonstrating major milestone achievements and progress on vision in less than four years 2016 2017 2018 2019 2020 Romeos Future Los Angeles, CA Factory Pilot Line Mass Production Customer Trials Romeo Power founded by a team of ex - Tesla and SpaceX engineers Focused on EVs from Day 1; extensive R&D on thermal management and battery modular design On - Going Mission Fulfillment Execute on innovation portfolio and continue disciplined R&D to maintain and widen technology lead Deliver and grow signed contracts Strengthen partnerships with the most innovative industry leading and developing cell providers Expand manufacturing footprint Beta products developed for electric CV, power sports I nvests $ 50mm into Romeo Power and forms JV Hermes battery launched for CV and high performance PV Additional R&D into adjacent areas including consumer and stationary storage applications Merger with RMG Partnership with RMG and new public market investors Invests into Romeo Power and forms Strategic Partnership for Responsible Environmental Controls, 18 Romeo is Ideally Situated to Lead Electrification of the Global Commercial Vehicles Market and Opportunistically M ove Into Adjacent Energy Technology Markets Attractive and Large Addressable Market Opportunity 1 Includes Heavy, Medium and Light commercial vehicles and Bus vehicles unit sold in 2019; assumes addressable content per vehi cle as per company estimates.

Clackamas County Livestock Laws, Articles R