Ebusco Holding N.V.

Report Publication Announcement • Nov 25, 2022

Ebusco receives firm order for Ebusco 3.0 buses in Rouen

Option to purchase 76 Ebusco 18-meter buses converted into fixed order

Deurne, 25 November 2022 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has received confirmation that the option of 76 Ebusco 3.0 18-meter buses for Métropole Rouen Normandie is converted into a fixed order. Out of the 76 buses, 28 will be delivered by the end of 2023. The remaining 48 buses will be delivered in 2024 and 2025.

Métropole Rouen Normandie (city of Rouen greater area) is, as the PTA (Public Transport Authority), responsible for purchasing the buses. The original contract signed in February this year contained three options. Métropole Rouen Normandie chose to exercise these three options at the same time and to purchase all 76 Ebusco 3.0 buses over the next years expressing its high confidence in Ebusco.

Métropole Rouen Normandie will use these buses for Bus Rapid Transit (BRT) transport. The large battery pack, combined with the lightweight design, ensures low energy consumption and therefore an extra-long range which is needed for successful BRT transport. The long range combined with the superior drivability due to the batteries being integrated in the floor, led Rouen to choose Ebusco.

Peter Bijvelds, CEO at Ebusco comments: "We are delighted with Rouen's confidence to convert the option into a firm final order. We will continue the path initiated by bringing our innovations to the region and the whole of France as the biggest bus market in Europe. Ebusco and Metropole Rouen Normandie continue to join forces to demonstrate the benefits of an all-electric transport network in France."

Jean-Francois Chiron, Managing Director France at Ebusco comments: "It fills us with pride to accompany the Norman metropolis of Rouen in its strategy to massively decarbonise its public transport. This trust honours us and obliges us to deliver excellence. We are building a long-term partnership with the Metropole Rouen Normandie with a strong and lasting territorial anchorage. We have to develop in this ambitious territory a demonstrator of Ebusco's know-how and its capacity to innovate. On a more personal level, it is really a great satisfaction to work with all the stakeholders who are all so committed to this project."

More information

www.ebusco.com Rob Stevens Manager Marketing & Communication 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, Frankfurt, and Munich. Ebusco was founded in 2012 and had a workforce of 493 full-time employees as at 30 September 2022. The company is headquartered in Deurne, the Netherlands and has, next to its production facilities in Deurne, a third-party facility in Xiamen, China.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam.

For more information: www.ebusco.com