Ebusco Holding N.V.

Regulatory Filings • Nov 19, 2021

Ebusco signs 4th contract with largest Scandic PTO

Nobina and Ebusco expand partnership to make Danish public transport more sustainable

Deurne, November 19, 2021 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has again signed a contract with Nobina in Denmark. The largest public transport operator in Scandinavia will purchase 22 emission-free Ebusco 2.2 buses and the related charging infrastructure for the greater Copenhagen area. Delivery is scheduled for end of 2022.

Ebusco has been active in the Danish market since March 2021 when the first order was signed with Nobina. This fourth order illustrates the successful cooperation between Ebusco and Nobina, the largest public transport operator in Scandinavia.

The 22 Ebusco 2.2. buses will be delivered end of next year and will operate in the Greater Copenhagen region where Movia, as public transport authority, is responsible for commissioning public transport services. It is expected that these buses will run over 110,000 km per year, which will lead to more than 22 million kilograms of CO2 reduction and 37,000 kilograms of nitrogen reduction over the duration of the contract.

Together with the earlier contracts, Nobina has a total of 79 Ebusco 2.2. buses ordered, of which 13 buses for the Greater Copenhagen region will be delivered shortly. The 29 Ebusco 2.2 buses for the Kolding region (with Sydtrafik as responsible PTA) are currently in production. In addition, Nobina ordered 15 Ebusco 2.2 buses for Roskilde and Frederikssund.

Peter Bijvelds, CEO of Ebusco comments: "We are delighted that we have sealed the previously won tender with an officially signed contract. Denmark is one of the frontrunners in the transition to zeroemission public transport. As the largest public transport operator, Nobina plays a leading role in this, and we are proud that Movia, as the responsible public transport authority, has opted for the Nobina-Ebusco combination for the third time."

The low TCO, in combination with the robust overall ecosystem, were important considerations for Nobina in choosing Ebusco again. Ebusco can also provide the total maintenance, which completes a total and compelling MaaS (Mobility as a Service) solution. Ebusco's double chargers, requiring only one charger per two buses, offer both flexibility and a cost advantage. In addition, thanks to the smart charging technology, the buses can be heated during charging in the depot, which offers comfort and allows the bus to use its full loading capacity for the km range. The innovative battery pack has a charging capacity of more than 500 KwH, increasing the single charge range of the buses to approximately 500 km.

Jens Råsten, Fleet Manager at the Nobina Group comments: "We are investing in new electric buses and aim to transform our fleet to 100% buses based on renewable energy. We challenge our suppliers to support us in this with innovative solutions. Ebusco's robust product and service portfolio fits in perfectly with our ambition to keep our climate and environmental footprint as small as possible. The fact that Ebusco's offering includes buses, chargers and maintenance provides us with a single point of contact that minimises our risks. "

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