Experience Experience Innovation Disruption Training Investor - - PowerPoint PPT Presentation

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Innovation Experience

Experience ● Innovation Disruption ● Training

energicamotor.com

Investor Presentation

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Energica Motor Company

Energica Motor Company S.p.A.

✓ Energica Motor Company S.p.A. is the first manufacturer of high- performing electric motorcycles ✓ The soul of Energica Motor Company S.p.A. comes from history and traditions of their natural born area: innovation combines with the genuine engines tradition of Italian Motor Valley. “Energica is the first start-up with almost 50 years history. Coming from an Italian based high-tech group (the CRP Group) working in Formula1, motorsports and aerospace fields. What was originally a R&D project became a prototype and soon a final product tested and appreciated during test rides we held in US and Europe. We are innovating the EV industry, a new industry that we believe will change the transportation and automotive businesses. Our products integrate EV technology, sport, performances and green values and we now deliver them through a network of importer in Europe and US.” Livia Cevolini, CEO Energica Motor Company S.p.A.

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The CRP Group – since 1970

• The Group is nowadays made up of specialized companies: CRP Meccanica,

CRP Technology, CRP Service plus its US-based partner CRP USA. In 2010 CRP Group decided to invest in the new field of sustainable vehicles by creating Energica.

• With more than 45 years of experience in the world of F1 and more than 20 years
• f experience in Additive Manufacturing, CRP Group is distinguished by its know-

how in specific application fields including but not limited to: automotive and motorsports, design, aerospace, UAVs, marine, entertainment, defense.

• Innovation,

investments in research and development, and strategic foresight are the principles that the Group has shared throughout its history.

• The CRP story began in 1970. After he gained experience in several mechanical

and high precision areas, Roberto Cevolini established his own company for high precision CNC machining in the motorsports sector.

CRP Group

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The CRP Group

CRP Group

“Companies working in F1 field have something different in their DNA”

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The CRP Group – since 1996

• CRP is a pioneer in Additive Manufacturing, having started in 1996 when it

was almost unknown in Italy. In the Nineties 3D printing technology was known as Rapid Prototyping: it was a fast, cost effective way to realize new design concepts; it allowed us to create perfect 3D shapes.

• The studies carried out by CRP Technology from 1996 have changed the

scenario

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Rapid Prototyping introducing a new concept

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Additive Manufacturing and 3D Printing: Windform 3D Printing materials have allowed the technology of selective laser sintering (SLS) in order to realize high performing parts for wind tunnel applications as well as finished and functional parts.

• Windform’s mechanical properties made them a layer above 3D Printing, leading

from Rapid Prototyping to Additive Manufacturing. The birth and launch of Windform materials has been an important turning point worldwide.

• It occurred in 2005, when we created, produced and launched on the market

Windform XT, composite polyamide based material for SLS, the first carbon fiber filled ever.

CRP Group

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The CRP Group – CRP Racing 2006-2010

• CRP Racing was founded in December 2006, as CRP Technology’s

Racing Department. CRP Racing’s goal was to become the main point of reference in its market for quality, speed, reliability, ability and service.

• CRP Racing became the leading two stroke tuning firm in Italy, winning

the Road Racing Italian Championship and Honda Trophy in 2007 and 2009. The changeover to green

• In 2009 we decided to bring the “CRP Method” to a new project: the

eCRP was the first e-racer to come out of Italy. The CRP’s electric program started

CRP Group

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CRP Group

“Passion allows us to endure bitterness and waivers that ambition would not justify in any way” Enzo Ferrari

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Energica Motor Company S.p.A.

“If you can dream it you can do it” Walt Disney

Energica Motor Company S.p.A.

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Energica Motor Company – since 2012

✓ Energica was born from an entrepreneurial vision of Cevolini’ family between 2008 and

• 2009. During those years, CRP Group decided to start looking at what they thought was the

future, like the electric vehicles. ✓ In 2009, CRP Group took the opportunity to develop a fully electric racing motorcycle and so they started with the eCRP project. CRP made two years of racing that are served primarily as a technology scouting, then in 2011 they started working on the road version, Energica. ✓ The team started to fit the needs of a streetbike with the new electric technology and the differences of the racing market, from here they arrived at the new version of Energica Ego. ✓ On the design of the bike has played a key role the CRP Group's know-how because thanks to the CRP technologies the team were able to make this kind of project in a short time. ✓ CRP technologies developed for the aerospace and F1 allowed Energica to shorten the time to market and to shorten the timing of the research, also containing costs.

Energica Motor Company S.p.A.

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Energica Motor Company

✓ Energica Motor Company was officially founded in 2014 with the aim of creating the first high-powered electric motorcycles. ✓ After two years of racing, the eCRP team started working on the road version: Energica. ✓ Today, after test and homologations, Energica motorcycles are on sales worldwide. ✓ Since January 2016 Energica is publicly listed on AIM Milan Stock Exchange Market, to scale the market and start global production. ✓ Products ENERGICA EGO the first Italian high-performing electric sportbike. ENERGICA EVA the streetfighter model. ENERGICA EVA ESSEESSE9 is the new “old-school” electric motorcycle

Energica Motor Company S.p.A.

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Energica Milestones

Start of the Electric motorcycle project (within CRP Group)

2009 2010 2011 2013 2014 2015 2016

• Energica EGO launch
• Energica new headquarters

eCRP – the electric racebike wins European Electric Championship

ENERGICA Bologna Modena Parma

Location

First participation at EICMA*

• Establishment of

Energica Motor Company Srl

• Worldwide Demo Tour

(USA+ EU+ MC)

• Stock Market

2017

• Third model Eva

EsseEsse9

• MotoE statement

Energica Motor Company S.p.A.

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Energica Milestones - 2016

Feb/March June July August April May Sept/Oct.

Sales Ego pre- series USA market strategy Moving in the new headquarters Energica Eva Ride Experience Europe Start production Bay Area One-day trip LA- SF Deliveries Eva Grand opening – new factory Energica Goodwood Festival Opening Galleria Energica in San Francisco New dealers (Spain) New sales strategies (Value Plan)

Nov/Dec

Eicma 2016 – The International Motorcycling Fair Sales Network Growth California Sales License

• Launch of Energica Eva
• Preparation of product Industrialization
• US and European Homologation
• Energica Eva Ride Experience
• Energica New Headquarters
• Opening of branded display halls
• News sales strategy
• Unveiling Esse Esse 9 prototype
• Sales Network Growth

Energica Motor Company S.p.A.

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Energica Milestones - 2017

Gen/Feb June July August March/April May

CES 2017 – Las Vegas, with CRP Group and CRP USA New US General Manager Partnership with Apache Custom Motorcycles – new electric cafè racer based in Energica Eva Energica joins CharIN e.v., to promote the CCS standard worldwide. Homologation Euro 4 achieved New commercial agreements: France, Italy, US FIRST ENERGICA FAST CHARGING STATION Dolomites, Selva di Val Gardena Energica @ Wheels&Waves Livia Cevolini speech @ TEDxModena New Area Sales Manager Europe New Sales agreement in Germany-Munich Dolomites Vives test ride – Passo Sella available

• nly for EVs

New important change of MSRP in USA Canadian market approach Italian Patent VCU

• Stefano Benatti new US General Manager
• Energica joins CharIN e.v. to promote CCS technology
• Unveiling first Energica Fast Charge Station, Dolomiti
• Dolomites Vives initiative
• New commercial agreements in USA and Europe
• New Area Sales Europe
• Change of MSRP in USA
• Canadian market approach

Sept/Oct

Nr 2 New Sales agreement in Germany Italian Patent eABS. European Patent Supply Unit ALD Automotive Italia partnership

• Nr. 3 patents: VCU, eABS, Supply Unit
• ALD Automotive Italia Partnership
• Unveiling 3° model, Eva EsseEsse9
• Legambiente and IDTechEx Awards
• IMS Long Beach/New York
• Eicma 2017
• Premio IngDan
• MotoE Statement

Nov/Dec

Eicma 2017: unveiling 3° model Eva EsseEsse9 and Energica MY2018 Legambiente and IDTechEx Awards IMS Long Beach/New York Motorcycle Live Premio IngDan MotoE statement

Energica Motor Company S.p.A.

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✓ TORQUE 200 Nm ✓ POWER 107 kW ✓ MAX SPEED Limited at 240 km/h ✓ Fast charge on board: 0-85% < 30 min

Energica Motor Company S.p.A.

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Eva 107 ✓ TORQUE 200 Nm ✓ POWER 107 kW ✓ MAX SPEED Limited at 200 km/h ✓ Fast charge on board: 0-85% < 30 min Eva 80kW Eva 107 kW

Energica Motor Company S.p.A.

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✓ TORQUE 180 Nm ✓ POWER 80 kW ✓ MAX SPEED Limited at 200 km/h ✓ Fast charge on board: 0-85% < 30 min

Energica Motor Company S.p.A.

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DASHBOARD

A 4,3" Color Display allows great flexibility, supporting the flow of information and interactivity with the vehicle system

RIDE BY WIRE ENGINEERING

The ride-by-wire system ensure the perfect driving experience with 4 different engine mappings and 3 different mappings of regenerative braking

PARK ASSISTANT

In order to facilitate parking and maneuvers on slopes or into rush traffic

BATTERY PACK

Lithium-polymer battery with internal designed cooling

• system. Dozens of

sensors and electromechanical devices ensure maximum vehicle performance and driver safety

VEHICLE CONTROL UNIT

EGO’s battery, inverter, charger and ABS are constantly monitored and managed by the VCU, completely designed and developed by Energica

CONNECTIVITY

The vehicle can be equipped with “short-range” and “long range” connectivity services

ABS

Ego has the latest generation ABS BOSCH with rear-wheel lift-up mitigation system

SUSPENSION

EGO is equipped with adjustable Bitubo (rear)

TIRES

EGO is equipped with road-gripping Pirelli Diablo Rosso II tires

BRAKES

Front / rear braking systems provided by Brembo

ITALIAN DESIGN

EGO has an Italian-style, tubular, craftsman-like trellis high strength steel frame

KEY FEATURES

Top speed: 150 mph / 240 kmh From 0 to 60 mph / 100 kmh: < 3" Torque: 200 Nm (0 to 4700 rpm) Fast charge: >30 minutes (85%) Zero emissions

FAST CHARGE

The only moto with integrated Fast Charge

Core technology / IP Selected supplier

Core Technology

Energica Motor Company S.p.A.

18 ✓ Fully Homologated: Especially in the world of electric vehicles, relatively new and "younger" than the most "established" combustion vehicle's market, there is still a little confusion on how important it is to get the COP, homologation, safety and reliability approvals. Energica are the only electric high-performing motorcycles fully homologated and approved by autorities for both Europe and USA. ✓ F1 and Aerospace Background: Energica benefits in countless and immeasurable ways from the close relationship and consultation with parent company CRP Group - a leader in the Formula 1 and Aerospace industry. The overall culture that distinguishes CRP Group is fully integrated into Energica Motor Company. Diving in F1 world and aerospace industries keeps Energica at the forefront of state-of-the-art technology and ready for future innovation. ✓ R&D: Energica core R&D activities are aimed at achieving knowledge to design new products and improve the ones already on

• sales. Development programs are particularly aimed at:

▪ Reducing vehicles weight ▪ Improving aerodynamic characteristics ▪ Seeking new technical solutions

Energica Motorcycles key features

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VCU – Vehicle Control Unit

Energica Motor Company S.p.A.

✓ The brain of Energica motorcycles is the Vehicle Control Unit. ✓ Unlike other vehicles where the control units work separately on all controllers, the Energica’s battery, inverter, charger and ABS are constantly monitored and managed by the VCU, completely designed and developed by Energica. ✓ The VCU implements a multimap adaptive energy, and a power management. Algorithm manages the vehicle, carefully monitoring and adjusting the motor’s power according to the throttle thrust 100 times per second while riding. ✓ The VCU interfaces with the ABS system, controlling regenerative engine braking. This ensures the highest efficiency in energy usage and full functionality of the battery throughout the life of the vehicle, but also delivers great drivability and

• experience. The system is based on an architecture with dual

redundant microprocessors to ensure the highest safety standards that constantly monitor the status of the battery, even in the key-off position. ✓ Ensuring superb efficiency in energy management of the battery even in prolonged periods of vehicle hibernation.

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Battery Pack

Energica Motor Company S.p.A.

✓ Energica motorcycles use a high-energy lithium polymer (Li-NMC) battery. ✓ Contained in sealed housing holding battery cells, the Battery Management System (BMS) has all the necessary provisions to ensure the safety of the

• vehicle. The battery keeps all high-voltage components encapsulated,

making it unlikely to accidentally be exposed to risk. ✓ The battery pack is an intelligent device with its own electrical brain, comprising dozens of sensors and electromechanical devices that constitute a closed subsystem to ensure maximum vehicle performance and driver safety in all environmental conditions. ✓ Energica has designed a cooling system for the battery pack thanks to its specific ventilation paths limits the stress of the batteries. This provides considerable benefits to both performance of the vehicle and the life of the battery. ✓ Energica is the only company in the world that has designed, patented and adopted this type of technology on its own bikes.

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Dashboard

Energica Motor Company S.p.A.

✓ The TFT full-color LCD dashboard

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Energica motorcycles with 16.7 million display colors has excellent visibility. ✓ The active matrix dashboard creates a real Human Machine Interface for the motorcycles. ✓ This technology allows great flexibility, supporting the flow of information and interactivity with the vehicle system. It can provide an extensive menu

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configurations and advanced user diagnostics, which are easy to read. It also monitors all of the functions and phases of vehicle operation, such as charging, driving, standby, and the connection with the outside world.

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eABS – ABS

Energica Motor Company S.p.A.

✓ The latest generation ABS BOSCH on Energica motorcycles not

• nly prevents the wheels from locking but is equipped with

rear-wheel liftup mitigation system that prevents overturn during emergency braking. ✓ The driver has the ability to turn the ABS system on and off using the dashboard. ✓ The latest generation eABS mounted on the Energica motorcycle is able to limit the maximum regenerative torque in case of slippery conditions. ✓ In particular, the system verifies the presence of friction conditions and, in case of slippery conditions, limits the maximum regeneration torque.

ABS eABS

Energica Motor Company S.p.A.

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Electronics: Energica DNA

✓ Any mechanical, electrical or biological system needs instructions to be able to work. ✓ For biological organisms there is DNA and for software the number of program lines. ✓ The Energica Software has reached 1.1M of program lines (645,000 program lines only for the VCU). ✓ Over 200,000 more than a Space Shuttle

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Fast Charge

Energica Motor Company S.p.A.

✓ Energica conforms to the international standards CCS (combined charging system). ✓ Energica is the first and only electric motorcycle capable of fast charging with CCS standard (Type 1 & 2) ✓ Thanks to the onboard connector, you can recharge at the DC Fast Charge Stations and the AC Chargers. ✓ When you use the DC Fast Charge Station, the bike can charge at 20kW up to 80/85% of its state of charge (SOC) in about 20 minutes. ✓ This guarantees 120 km of range in less than half an hour. ✓ When using the AC charger, the bike can be charged in about 3.5 hours using the 3kW OBC (On Board Charger).

25 Energica is the unique EV Motorcycle with DC fast-charge technology based on CCS Combo that allows the bike to charge 80% of battery in 20 minutes. Energica intends to deploy an installation plan of fast charge points targeting the best roads motorcyclists love to ride through. In partnership with several companies (Utilities, Hardware provider, charging services) Energica will either co-finance the installations of dedicated chargers (DC technology 20kw, Combo CCS standard plugs) or facilitate the access to existing

• nes. This will allow Energica customers to enjoy the best roads without any range
• anxiety. Energica will fill the gap to guarantee EV motorcycle rides.

A detail plan on routes is in process according to Energica dealership network and a first round of installations has been identified in some locations in Italy (Energica Fast Charge already unveiled in Dolomiti area) and in California. In the areas where charging network are already available Energica facilitates customer to used them. In The Netherlands Energica has the option to use fast charge network for free thanks to an agreement with Fastned Company that provides 4 years fast charge through the growing network with 20-30 minutes average charging time. The fast-charge installation project foresees multiyear plan with prospective investment up to 1.mln € according to market areas and needs, starting from for Italian region and California covered under the marketing budget.

Fast Charge Infrastructure Program

Energica Motor Company S.p.A.

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Energica Motor Company S.p.A.

• Unveiling the first “Fast Charge Infrastructure Program” charging
• station. Following Nissan and Tesla, Energica unveiled the first Energica

fast charging station at Selva di Val Gardena, Dolomiti - Italy.

• The 50 kW Fast Charging Station has been installed in Str. Meisules, 144,

39048 Selva di Val Gardena (BZ) thanks to the partnership with Alperia.

• This station is the first fast charge in Dolomites Area and is part of the

"Energica Fast Charge Infrastructure Program“, an installation plan of fast charge points targeting the best roads motorcyclists love to ride through.

• In

partnership with several companies (Utilities, Hardware provider, charging services) Energica will either co-finance the installations of dedicated chargers (DC technology 20kw, Combo CCS standard plugs) or facilitate the access to existing ones.

• With this new installation, motorcyclists and other EV customers will finally

be able to discover the amazing Dolomites area with full electric vehicles and without any range anxiety

First Energica Fast Charge

Energica Motor Company S.p.A.

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Energica – Eicma 2017

For the 7th consecutive year Energica was present at EICMA, the international exhibition dedicated to the world of motorcycles. The Italian manufacturer of high-performing electric motorcycles unveiled the new Model Year 2018 and the third model Eva EsseEsse9, the first “old school” electric motorcycle. The name Eva EsseEsse9 is inspired by the real name of Via Emilia, historic road crossing the Italian Motor Valley and it is inspired by the ancient motorcycles. The Ego sportbike, awarded by MCN as "Best Electric Bike of the Year", and the streetfighter Eva showed at Eicma their new liveries and a new output power (Eva 107). All MY2018 Energica will be on sale with Fast Charge, TFT color dashboard 4.3 '' dashboard, 4 maps (4 Riding Modes: Urban, Eco, Rain, Sport - 4 Regenerative Maps: Low, Medium, High, Off) as standard. The USB plug will be standard on Eva, Eva 107 and Eva EsseEsse9 (optional on Energica Ego).

Energica Motor Company S.p.A.

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Energica – Eicma 2017, Love to Ride

Energica joined the second edition of Love To Ride. Rinascente and Moto.it are partners for this off-site event that has transformed the flagship store in Piazza Duomo into an urban venue. Love To Ride celebrates the passion for motorcycles with performances and activities organised in collaboration with the leading brands in the motorcycle sector, including Energica Motor. Eva EsseEsse9, the first "old- school" electric motorcycle was among the world premiere motorcycles in Rinascente's showcase!

Energica Motor Company S.p.A.

29 Energica Motor Company Inc., the exclusive distributor for Energica Motor Company SpA, the Italian manufacturer of high-performing electric motorcycles, is strengthening its presence on the American territory: new commercial agreements were signed in Los Angeles, Santa Monica, San Francisco and Texas. In addition Energica approached African market with a new importer based in Capetown, South Africa. This is the forth extra-European market covered after USA, Israel and Jordan. Furthermore the Company announced negotiations in progress on Canadian market. In Europe, Energica improved its sales network adding new commercial agreements in Germany, France, Italy, Eastern Europe and Ireland

Energica Sales Network

Energica Motor Company S.p.A.

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Energica: single manufacturer for FIM Enel MotoE™World Cup

The FIM Enel MotoE™ World Cup is becoming a reality in 2019, ushering in the beginning of a new era for two-wheeled motorsport: sustainable and environmentally aware competition on electric motorcycles. Dorna announces that the supplier for this new and exciting prospect will be Italian innovator Energica. Energica is the single manufacturer chosen by Dorna for the FIM Enel MotoE™ World Cup. A tuned version of Energica Ego, Ego Corsa, will be used by teams that will race the FIM Enel MotoE™ World Cup. The R&D team is already committed on this bike, working on driveability on the track, and then on track specifications. Testing demo program will be held during the 2018 MotoGP™ World Championship.

Energica Motor Company S.p.A.

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Energica - My Electric Deal: 2018 new initiative

Being the unique manufacturer of the new FIM Enel MotoE™ World Cup is an important technological challenge for Energica Motor

• Company. The new Ego Corsa racebike will come from the series, and will have many connections with the production bike Ego - electric

motorcycle of the year in 2017. The Energica development team is already committed on this bike: during 2017 and in the first few months of 2018 several vehicles have been involved in many activities. The R&D department carried out product tests focused on improving performances while the Marketing&Sales department promoted Energica brand through commercial presentations all over the world. These activities required many units used for short periods, thus creating a fleet of company vehicles now available for sale. “My Electric Deal” initiative born and involves both the street-legal sportbike Ego and the streetfighter Eva. More details on Company’s website.

Energica Motor Company S.p.A.

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Energica: surprising first quarter 2018

Energica closed the first quarter 2018 with a current order book that exceeds the total of sales of the previous year. During 2017 Energica has worked hard on the promotion of its products and the entire Evs sector in order to pursue the goal of establishing itself as leader in the segment. Thanks to these efforts, Energica has been chosen by Dorna as the Unique Manufacturer of the FIM Enel MotoE™ World Cup, the world's first electric motorcycle competition that will start in 2019. "In these first few months of 2018 we have achieved an extraordinary result: our order book overcomes the 2017 sales in a short time", said Livia Cevolini, CEO of Energica Motor Company S.p.A. “This result was achieved thanks to the launch of our third model, the old-school electric Eva EsseEsse9, and the involvement in MotoE™ project." "Our goal is to proceed along this path and put other milestones in Automotive sector and soon also in the electric racing field".

Energica Motor Company S.p.A.

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Global Electric Motorcycles Market

• Electric Motorcycles & Scooters Market size was valued at over USD 25 billion in 2015 and will grow at more than 10% CAGR

estimation from 2016 to 2024. Global shipments are projected to surpass 60 million units by 2024. *

• According to ACEM E-motorcycles registration report we can see more than positive signals from the European Market: + 50%

compared to 2015.

• Joel Couse, chief economist for Total, predicted that sales of electric cars will surge from about 1% globally in today’s new car market to

up to 30% of the market by 2030.

• According to Tracxn Electric vehicles Report electric vehicle space in 2016 saw investments increase by 500% from previous year.

Energica Motor Company was the only one to go public in this sector in the last three years.

* Source: “Electric Motorcycles & Scooters Market Size By Product (Motorcycles, Scooters), By Battery (SLA, Li-ion, NiMH), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, China, India, Japan, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc.

Energica Motor Company S.p.A.

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Analyst Coverage

"Ready to scale up"

• "High performing electric motorcycles manufacturer founded back in 2014, Energica Motor

Company has a clear mission in mind: to create high performance - high powered electric motorcycles with top quality components.” ValueTrack Analyst Coverage available on Energica Investors Relations section

Energica Motor Company S.p.A.

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energicamotor.com

ENERGICA MY2018