Ebusco Holding N.V.

Regulatory Filings • Apr 12, 2022

Deutsche Bahn awards Ebusco major framework agreement for electric buses

- Significantly strengthening its foothold in Germany -

Deurne, 12 April 2022 – Ebusco, a pioneer and frontrunner in the development of electric buses and charging systems, announces that it was awarded for framework agreement with Deutsche Bahn. Under this framework agreement, Ebusco will be the primary supplier to Deutsche Bahn for zero-emission buses for the period 2023-2024 plus the option to extend to 2025 and 2026. This framework agreement is a key step in strengthening Ebusco's presence in the strategically important German market.

Deutsche Bahn is Germany's largest Public Transport Operator. The framework agreement relates to the delivery of battery electric Ebusco buses, over the period 2023-2024, with the option to extend the contract by one year twice. The buses will be put into service by Deutsche Bahn at multiple public transport authorities across Germany. As part of this agreement, Ebusco has agreed a call-off contract for approximately 260 Ebusco buses, which will materialize if and when Deutsche Bahn obtains the related concessions in the period 2023-2026. The maximum order volume under the framework agreement amounts up to 800 buses (variety of bus configurations) over the total contract period.

For further information

www.ebusco.com Rob Stevens Manager Marketing & Communication Tel: +31 88 110 02 00

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 309 full-time employees as at 31 December 2021. 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