Ebusco Holding N.V.

Regulatory Filings • Jun 22, 2023

Ebusco expands in Sweden with up to 125 buses in the capital city Stockholm

Keolis orders 50 Ebusco 3.0 with option for 75 more buses

Deurne, 22 June 2023 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has signed a contract with Keolis Sverige for the delivery of up to 125 Ebusco 3.0 12-metre buses. Delivery of the first 50 buses is scheduled for 2024 and the 75 buses are under option for delivery in 2025. The buses will be used in and around the Swedish capital city Stockholm.

Keolis Sverige has won the E42 tender in and around Stockholm (Bromma, Solna, Sundbyberg and Sollentuna). The Ebusco 3.0 12-metre buses ordered by Keolis will be equipped with a >350 kWh battery pack. With the purchase of initially 50 lightweight Ebusco 3.0 buses, Keolis can count on extremely low energy consumption, contributing to a well-developed, easily accessible, and reliable public transport system in and around the Swedish capital.

Keolis Sverige stands for well-functioning and coherent public transport that creates value for society, simplifies travellers' daily lives and contributes to sustainable travel. In Sweden, Keolis' operations include Stockholm, where nearly 800,000 people travel by public transport every day. Keolis is also active in Västra Götaland, Uppland, Värmland, Dalarna and Skåne. To keep these operations running, Keolis employs nearly 5,000 people.

Karl Orton, Fleet Director at Keolis comments: "Ebusco's innovative bus fits perfectly with our ambition to reduce our climate and environmental footprint and the Ebusco 3.0 has proven to be the obvious choice on our road to zero emission."

Jonas Helsner, Sales Director Nordics at Ebusco, comments: "It is exciting that we have secured a substantial order for such a large city like Stockholm. This is the first order for Keolis in Sweden, after we previously scored an order for the Nordics with Keolis in Denmark. Since not everything in Stockholm is within walking distance, a well-functioning public transport system is indispensable. We are delighted that we are expanding together with Keolis and our innovative Ebusco 3.0 can soon be seen in the Swedish capital city."

www.ebusco.com

Iris Delmee Communications & PR Officer 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, Berlin, and Munich. Ebusco was founded in 2012 and had a workforce of 607 full-time employees as at 31 December 2022. The company is headquartered in Deurne, the Netherlands.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam.

For more information: www.ebusco.com