Ebusco Holding N.V.

Regulatory Filings • Aug 2, 2023

Ebusco wins another contract from Stadtwerke München Order for a total of 28 Ebusco 3.0 18-metre buses

Deurne, 2 August 2023 - Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has signed a new contract with Stadtwerke München for the delivery of 28 Ebusco 3.0 18-metre buses for Münchner Verkehrsgesellschaft (MVG). MVG already has Ebusco 2.2 and 3.0 buses in operation.

SWM has ordered the low-floor articulated buses with a particularly large battery pack (>500 kWh) for MVG. Together with the lightweight design, which makes the Ebusco 3.0 18-metre as much as 5 tonnes lighter than its forerunner (the Ebusco 2.2 18-metre), SWM can count on low energy consumption and high range. The buses are expected to cover some 60,000 km per year, good for savings of at least 55,000 kilograms of CO2 and more than 90,000 grams of nitrogen per bus annually.

The Ebusco buses are a familiar sight on the streets of Munich. SWM not only has Ebusco 2.2 buses in operation, but the Ebusco 3.0 also experienced its world premiere in the Bavarian capital. Meanwhile, the first Ebusco 3.0 has been running for over a year and a half on line 100 in Munich's city centre. There, the energy consumption of the 3.0 12-metre proves to be over 30 per cent lower compared to its predecessor (Ebusco 2.2). This makes the bus a very reliable choice in the switch to electric driving.

Peter Bijvelds, CEO of Ebusco, comments: " We are immensely proud of the trust shown by this order. The first Ebusco buses have already been on the road in Munich since 2017. In the past years, we have worked closely with SWM as an innovation partner, for example for the development of our lightweight construction and prototyping of platooning buses. The fact that SWM has now chosen the Ebusco 3.0 again proves that we are on the right track."

Ingo Wortmann, MVG-Chef, adds: "Besides their innovative character, the Ebusco 3.0 vehicles are very reliable and especially economical. We are looking forward to adding 28 more 18-metre buses to our fleet and, among other things, making public transport in Munich even more sustainable."

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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 and has, next to its production facilities in Deurne, a third-party facility in China.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam.

For more information: www.ebusco.com