Ebusco Holding N.V.

Regulatory Filings • Dec 2, 2021

Ebusco 3.0 bus obtaining EU Vehicle Type approval

First composite bus to obtain such approval

Deurne, 2 December 2021 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has obtained EU Vehicle Type Approval for its revolutionary Ebusco 3.0 bus. This certificate means that the Ebusco 3.0 meets all EU safety, environmental and production requirements, that the bus gets road release and can be registered in all member states of the EU.

The Ebusco 3.0, is a revolutionary model in the industry. The Ebusco 3.0 bus, having a lightweight composite body based on aerospace technology, is significantly lighter, reaches a substantial longer single-charge range of up to 575 kilometers, and has an extended estimated average life span of 25 years.

Peter Bijvelds, CEO of Ebusco comments: "I am proud of reaching another important milestone; the Ebusco 3.0 is the first bus made of composite material to obtain this EU Vehicle Type approval. The Ebusco 3.0 is a genuine game changer in our industry worldwide, and is now officially allowed on the road in the EU market. Having this approval in place, in combination with having the funds secured for our international expansion strategy through our recent listing, positions us well to take advantage of the growing market and to execute on our roll-out plan."

The Ebusco 3.0 is currently manufactured exclusively in the Netherlands, at the company's facility in Deurne. The first delivery of the Ebusco 3.0 buses is expected in the coming weeks.

Ebusco already has an extensive real-road track record with its Ebusco 2.2 bus. To date, Ebusco has supplied 346 zero emission buses to seven European countries.

For 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 over 214 fulltime employees as at 30 June 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