Alfen, specialist in energy solutions for the future, is operating internationally in the heart of the energy transition. Unique integrated value proposition Adressing the challenges of the future with smart grid solutions, energy storage systems and electric vehicle charging equipment Grid solution for Solarcentury’s 45MW solar PV farm in Budel Smart grids Track-record of over 80 years and 75% market share in the Netherlands Energy storage Frontrunner since 2011 EV Charging Frontrunner since 2008 Providing grid connections for an ultrafast EV charging network and integrating energy storage Largest smart EV charging plaza of the Netherlands Supplying EV charging equipment to Jaguar Land Rover customers and dealerships A fully integrated storage and EV charging hub for a BMW event Integrated EV charging hub, local renewable energy supply and energy storage at The Haque football stadium 10MW energy storage system connected to Hartel wind farm in the harbor of Rotterdam Key facts 2019 Headquarters in Almere, the Netherlands 41% revenue growth compared to 37% in 2018 € History Secundary transformer substations EV Charging equipment Energy storage systems Grid automation Opening of Alfen’s office in Belgium Acquired by TBI Now 2014 2011 2000 1983 Headquarters moved from Hilversum to Almere Expansion of sales to the UK and Germany. Infestos acquires c. 70% of Alfen’s shares Expansion of prod- uction facilities Further internationalisation 2015 2018 2007 Techniek B.V. Founded as ‘J. van Alfen’s Hoog- en Laagspanningsapparaten’ in Hilversum Smart grid solutions Infestos acquires remaining c. 30% of Alfen shares Example projects Acceleration of the energy transition Capitalising on early investments and technology leadership Key themes for 2020 5 4 3 2 1 0 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20 ‘21 ‘22 Electric vehicles in Europe (mio) 1 Large-scale storage market in EMEA (GW) 2 5 4 3 2 1 0 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20 ‘21 ‘22 Start of Alfen’s charging equipment activities Start of Alfen’s energy storage activities Today Today The basis: track record of 80+ years in smart grid solutions Further investments in the organisation Marco Roeleveld CEO Jeroen van Rossen CFO Richard Jongsma CCO Management Alfen sales organisation at 31 December 2019 Installed base of Alfen products EV Charging Energy storage 1971 1968 1937 2008 1: source: Navigant 2: source: BNEF 497 FTE at year end incl. Elkamo €143 million revenue compared to €102 in 2018 >85,000 charging points for EV’s in Europe 10.1% EBITDA up from 3.6% in 2018 2019 Expansion to Nordics through Elkamo acquisition Initial Public Offering at the Euronext stock exchange € Scalable production expansion New innovations