Fastned B.V.

Capital/Financing Update • May 16, 2024

Press release

Fastned starts subscription to new bonds

Amsterdam, 16 May 2024. Today Fastned, the European fast-charging company, will start a subscription to a new bond issue. Proceeds will be used to continue to grow the network in existing and new markets. European regulations supporting the transition to electric driving will create even more opportunity for Fastned to grow its network across Europe.

In the first quarter of 2024, Fastned grew revenue by more than 42% compared to the same period last year, reaching €18.9 million. Fastned delivered over 31.4 GWh of renewable energy to more than 389 thousand customers. More information on Fastned's results can be found on the Investor Relation page of Fastned's website.

The number of electric vehicles is expected to grow from 3 million in 2022 to more than 40 million in 2030 . Being one of the most experienced players in the European 1

¹ BNEF Electric Vehicle Outlook 2023

industry, Fastned is well-positioned to continue securing high traffic locations and aims to build a network of one thousand stations by 2030.

Fastned's charging experience was recently rated most reliable in Europe as well as best charging network in Belgium and France by Chargemap users, the European leading app for referencing public charging spots. These add to the two awards received in 2023 in the Netherlands and the United Kingdom , for the second year 2 running. By leading the e-mobility transition in Europe, Fastned contributes to a more sustainable future.

In February 2024, Fastned raised more than €24 million in new bonds. In addition, investors have extended €3.5 million worth of investments from earlier issues, bringing the total issued amount in this round to over €27.5 million.

Fastned is launching this new bond issue in the Netherlands and Belgium. More information about Fastned and the bonds, including risks, costs and fiscal treatment, can be found in the prospectus, available here and on Fastned's website.

About Fastned

Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we've been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe's most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST).

² UK: ZapMap, the Netherlands: Autoblog - two automotive websites with thoughleadership in their respective countries.