AeroVironment, Inc. Marcus Peng Sales Manager. March AeroVironment, Inc AeroVironment, Inc.

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AeroVironment, Inc. Marcus Peng Sales Manager March 2016 2014 AeroVironment, Inc. 2016 AeroVironment, Inc.

AeroVironment is a technology company with the financial strength and stability to serve its customers for a long time. Established 1971 Employees 600 NASDAQ AVAV FY12 Revenue $325M Long-term debt nil Cash on hand ~ $200M 2 March 9, 2016 2016 AeroVironment, Inc.

AeroVironment consists of two business groups Unmanned Aircraft Systems (UAS) Efficient Energy Systems (EES) 3 March 9, 2016 2016 AeroVironment, Inc.

AeroVironment s Efficient Energy Systems group has over 20 years experience and expertise in clean transportation. 1989 2013 and beyond POWER UP Solutions for the next generation of EVs The car that started it all GM Impact, our concept that inspired a revolution Industrial revolution The #1 line of industrial fast chargers supporting the Fortune/Global 500 Going commercial Public fast chargers for cities, retailers, utilities making EVs more practical than ever First generation charging Solutions for EVs in the 90s The system of champions The brains behind some of the most lauded hybrid, PHEV, and EV models Expert on-site service First-to-market nationwide network of licensed and certified EV charge system installers 4 March 9, 2016 2016 AeroVironment, Inc. 4

AeroVironment s Power cycler & simulator is the standard equipment used around the world. Below is a partial list of customers. A123 Adam Opel AG Allison Transmission Altairnano Argonne National Lab AVL BAE Systems Ballard Power Systems Bathium Battery MD, Inc. Blue Wave (Magna) Boeing Bosch Bright Automotive CalHAC Catapiller China Light & Power Co. Chrysler Cobasys Compact Power, Inc. CTC Daimler Delphi Dominion Virginia Power DRS Test & Energy Mgmt, Inc. East Penn Manufacturing Co. Eaton Corporation EnerDel Energy CS FEV Ford Motor Company GE India General Dynamics GE General Motors Georgia Tech / NEETRAC Greenlight Power Hamilton Sundstrand Hitachi Horiba Hyundai Idaho National Engineering Lab Intertek ISE Corp. ITAQ Johnson Controls Kettering University Korea Automotive Technology Institute Korea Institute of Energy Research (KIER) L3 Communications LG Chem, Ltd. Los Angeles Department of Water & Power Maxwell Energy Products Magna Electronics Magna Steyr NASA Glenn Research Center National Renewal Energy Laboratory (NREL) National Automotive Center (NAC) Naval Surface Warfare Center NESSCAP Co. Nissan Nuevera Fuel Cell Penn State University Pinnacle West Capital Corp. Plug Power Power Logics Co. Ricardo Robins Air Force Base SAFT SAIC (United Defense) SAIC (Shanghai Auto Ind Corp) Shanghai GM / PATAC Southern California Edison Southwest Research Institute ST Kinetics State Grid of China Suzuki Motor Company Timken TARDEC TACOM Tsinghua University U.S. Army U.S. Department of Energy USAYPG UTC Fuel Cells Volkswagen Volvo Car Corporation Xuji York Technical College 5 March 9, 2016 2016 AeroVironment, Inc.

Where does AV PCTS fit in? FEV AV-900 / ABC-150 for BMW In the last 12 months we have developed, or helped develop, 10 different alternative powered vehicles, either electric, range-extended, or hybrid vehicles," said Dr. Jochem Wolschendorf, Chief Technical Officer and Vice President of Vehicle and Drivetrain Engineering for FEV. simulate real-world test conditions. This includes specific test cycles such as FTP, US06, European NEDC, or any other, according to Wolschendorf 8 hybrid power train dyno cells 2 hybrid transmission test cells 4 electric motor test rigs AV-900 battery simulator ABC-150 battery simulators 6 March 9, 2016 2016 AeroVironment, Inc.

- Broad range of applications in multiple industries. - Continuous production for short lead-time and consistent quality. - Custom-built systems can be delivered based on unique specifications. 7 March 9, 2016 2016 AeroVironment, Inc.

Renowned for reliability and flexibility, over 850 systems have been delivered MT-30 ABC-150 & ABC-170 ABC-170CE ABC-600 & ABC-600CE AV-900 & AV-900CE 8 March 9, 2016 2016 AeroVironment, Inc.

AeroVironment Power Cycling &Test Systems Models 9 March 9, 2016 2016 AeroVironment, Inc.

AV-900 EX Power Rating Measurement Error: Remote Voltage Measurement Error: Current Control Modes Up to 1 MW paralleling units ±0.05V or ±0.05% of reading ±160mA or ±0.05% of reading Voltage Current Power Resistance Voltage mode with fixed Resistance Mode 10 March 9, 2016 2016 AeroVironment, Inc.

PosiCharge ProCore Smartphone charger and fleet management Power Management Tool PLC Capability with AGV & robotic vehicles Multi-voltage / Multi-Ah capable CAN, non-bmid and BMID compatibility BMID controlled Equalization Connect RX patented safety feature that detects problems early High frequency power stage for high efficiency Modular power stages easy of service, redundancy, upgrading Low current ripple User friendly color interface 11 March 9, 2016 2016 AeroVironment, Inc.

94% of all major airports in the United States use PosiCharge. PosiCharge is AeroVironment s charger brand in the material handling industry. 12 March 9, 2016 2016 AeroVironment, Inc.

AeroVironment has all charge methods available to support electric vehicles and has delivered over 12,500 chargers in the United States. TurboCord - LEVEL 1/2 TurboDock Module - LEVEL 1/2 TurboDock Wall Mount - LEVEL 1/2 TurboDock Pedestal - LEVEL 1/2 SINGLE PORT RESIDENTIAL EVSE PEDESTAL EVSE DUAL PORT EVSE QUAD PORT EVSE FAST CHARGERS 13 March 9, 2016 2016 AeroVironment, Inc.

Every Battery Electric vehicle OEM committed to volume production has selected AeroVironment as its preferred charger supplier. Battery Charging 14 March 9, 2016 2016 AeroVironment, Inc.

Thank You! Marcus Peng Sales Manager AeroVironment, Inc. peng@avinc.com 626-253-2331 15 March 9, 2016 2016 AeroVironment, Inc.