ACCELERATING HYDROGEN ADOPTION GLOBALLY.

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1 Infinite Drive ACCELERATING HYDROGEN ADOPTION GLOBALLY. Copyright 2016, Plug Power Inc. September 4, 2018

2 Plug Power is the Leader in Hydrogen and Fuel Cell Technology 3x revenue growth since st to create a market for HFC technology 20K+ units in the field 80% Blue Chip Customer Base 11MM+ Hydrogen fuelings 70% reduction in cost profile since MM+ operating hours 150 HFC patents 2

3 ProGen Hydrogen Engines: Accelerate OEM Integration 10kW Modular 30kW Scalable Turnkey 120kW 3

4 GenDrive Product Portfolio GenDrive Products Class 1 Suite Sit-down Lift Trucks 8 kw, 10 kw Class 3 Suite Rider Pallet Trucks 1.8 kw, 3.2 kw Class 2 Suite Stand-up Reach Trucks 8 kw, 10 kw Series Wheel Sit-Down 4-Wheel sit-down Series 2000 Stand-Up Reach Stand-Up Counterbalanced Turret Trucks Series 3000 End Rider Pallet Center Rider Pallet Man-Up Order Pickers Tow Tractors 4

5 Indoor Equipment Dispensers have a footprint of 5 x5. Usually one dispenser covers ,000 ft 2 of operation Utilities Required: 5 Amps at 115V (dedicated circuit preferred but not mandatory)& waste water drain within 50 ft. A single source of compressed air is also required [20 scfm Max, 115 Psig] Fire Protection code requires the customer to provide a manual fire alarm pull station and fire extinguisher at each dispenser All other safety components are provided by Plug Power (Flame and Gas detection, bollards, emergency stops, etc ) All wires and cable management is included (except 115V and building fire alarm tie ins, if required) Dispensers require a 15 ft radius, floor to ceiling, with classified electrical components (Class 1, Division 2, Group B required) 5

6 Zero Emission Airport Ground Support Equipment FedEx Express deployed a fleet of hydrogen fuel cell cargo tractors at Memphis SuperHub Fuel Cell System Architecture Power: Fuel Cell / Li-Ion Battery Energy Storage: H2 Tank Tractor Traction: Ballast Specifications Towing Capacity: 50,000 lbs. Voltage: 80VDC Power: 22 kw 100% Outdoor Operation Energy Storage: ~54 kwh (3.6 kg H2) Hybrid PEM FC / Li-Ion Battery 4,000 lbs. for traction Value Prop Drivers Energy efficiency: 45% FC vs. 20% diesel Energy recovery via regenerative braking Decreased maintenance costs Oil changes eliminated Brakes replacements eliminated Starter replacements eliminated High Reliability / Availability Elimination of diesel idling 6

7 FedEx Delivery Truck Truck was delivered to FedEx on January 26 th 2018 Operating on standard delivery route that includes Plug Power facility miles round trip ~11 hours per day miles on odometer Real-time telemetry allows tracking of critical parameters and location 7

8 FedEx Delivery Truck FC / H2 Specifications Towing Capacity: 50,000 lbs. Voltage: 80 VDC Fuel Cell Power: 20 kw H2 Storage: ~156 kwh (11.6 kg) Hybrid PEM FC / Li-Ion Battery FC Efficiency: 45% (15 kwh/kg) Truck Specifications GVW: 16,500 lbs. Voltage: 430 VDC Motor Power: 268 hp Motor Torque: 1620 ft-lbs Batt Energy Storage: 80 kwh Truck Efficiency: 0.9 kwh/mile 8

9 Main Deck Loader Example Make/Model Basic Specification Current Power Solution Fuel Cell Solution Architecture Power Voltage Est. H2 Consumption Development TLD ft. ULD 66,000 lbs lift 224 lift height Diesel CAT 4 cyl - 105kW, Tier 3 Options: Deutz 4 cyl - 120kW or Cummins 4 cyl - 97kW ProGen Battery Charger Battery Dominant/FC Charger 1 or 2 X 30kW 80 or 160 V up to 15kg/day Electric Drivetrain with OEM Chassis Integration of FC, Battery, H2 storage, & Controls Power Conversion JBT C15i (electric option) 20 ft. ULD 15,500 lbs lift 220 lift height Electric 160V 2 X 80V Batteries, est Ahr regen using Supercapacitors ProGen Battery Charger Battery Dominant/FC Charger 1 or 2 X 30kW 160 V up to 15kg/day GenDrive or ProGen Integration Controls Power Conversion 9

10 Lower Deck Loader Example Make/Model TLD TXL-838-reGen JBT C15i (electric option) TLD - TXL-838-reGen may be used for Main Deck as well Basic Specification 20 ft. ULD 16,700 lbs lift 20 ft. ULD 15,500 lbs lift 220 lift height Current Power Solution Electric 80V Battery, 1000Ahr regen using Supercapacitors Electric 160V 2 X 80V Batteries, est Ahr 100 Loads/Unloads on Single Charge Fuel Cell Solution Architecture Power Voltage ProGen Battery Charger Battery Dominant/FC Charger 1 or 2 X 30kW 80V ProGen Battery Charger Battery Dominant/FC Charger 1 or 2 X 30kW 160 V Est. H2 Consumption up to15kg/day up to 15kg/day Development Chassis Integration of FC, Battery, H2 storage, & Controls Power Conversion regen Management GenDrive or ProGen Integration Controls Power Conversion 10

11 Air Marrel Demonstration Deck Loader 11

12 Belt Loader Example Make/Model Charlatte CBL2000E Harlan - HBLE Basic Specification door height Common components with T137 tractor Up to 133 door height Current Power Solution Electric 72 or 80V Battery, Ahr 72 or 80V 40 HP drive motor Electric 80V Battery, 400Ahr 80V 23kW drive motor Fuel Cell Solution Architecture Power Voltage GenDrive/ProGen FC Dominate 20kW 80V GenDrive/ProGen FC Dominate 20kW 80V Est. H2 Consumption up to 15kg/day up to 15kg/day Development GenDrive or ProGen Integration Controls Power Conversion GenDrive or ProGen Integration Controls Power Conversion Intermediate duty belt loaders are available in the range of 5-10kW at 48V, max height

13 GenCare: SiteView 24/7 SiteView for GenCare customers: proprietary software, provides fleet diagnostics, fueling data, and performance metrics Remote access, diagnostics, and reporting tools to monitor every fleet deployed Enables proactive maintenance, guaranteeing a minimum of 97% uptime at each location SiteView is part of the standard GenCare package 13

14 Corporate Headquarters 968 Albany Shaker Road, Latham, NY West Coast E. Euclid Avenue, Spokane, WA plugpower.com

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