Ebusco Holding N.V.

Regulatory Filings • Mar 28, 2023

Ebusco signs contract for in total 20 Mobile Energy Containers

ZES chooses Ebusco energy containers to make inland navigation more sustainable

Deurne, 28 March 2023 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses, charging systems and Energy Storage Solutions, announces today that it has received a contract from Zero Emission Services (ZES) to deliver 20 mobile energy containers. The first 9 containers will be delivered by the end of 2023, while the remaining 11 containers will be delivered in 2024 at the latest. Delivery of the 11 containers can be accelerated depending on the roll out of ZES.

Following a commercial tender, ZES awarded Ebusco a contract for so called ZESpacks. ZESpacks are developed specifically for usage in (hybrid) electric barges, thereby contributing to the European Commission's recent decision to reduce CO2 emissions in the maritime sector by 80 per cent by 2050. ZESpacks are a purpose build solution offered by Ebusco based on its long-established experience with heavy-duty batteries and battery management systems. Each ZESpack can store a total of 2.9 MWh of energy, bringing the total capacity of this order to 58 MWh.

Following delivery of the ZESpacks, ZES will deploy these new units at both existing and to be established docking stations throughout the Netherlands. When the containers are not deployed on a barge, they can be used to help balancing the electricity grid. Balancing electricity supply and demand is essential to increase the resilience of the electricity grid as the share of renewable energy sources, with more variable output, increases.

Bart Hoevenaars, CEO of Zero Emission Services comments: "In the last few years we have gained a lot of experience with our first ZESpacks and docking station, with the purchase of these 20 ZESpacks we will now go for an accelerated upscaling of our innovative system solution for inland shipping. With Ebusco, we choose an experienced, smart and European partner with sustainable and safe LFP battery systems and together we ensure a positive impact on the climate and contribute to solutions for the current energy challenges."

Peter Bijvelds, CEO of Ebusco comments: "We are thrilled to sign this contract with ZES following the earlier tender. We see this as a major step forward in our Energy Storage Systems business which we have steadily built out over the past years. We are proud to work together with the ZES team to help the inland shipping sector to reduce its CO2 emissions. Together we can make an even bigger impact on our road to zero emission transport!"

www.ebusco.com

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, Frankfurt, 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