GreenPower Motor Company (GPV) Corporate presentation summary

Market opportunity and industry trends

• Over 490,000 school buses operate in the U.S., with more than 90% still running on diesel, presenting a significant electrification opportunity.

• State mandates in New York and California are accelerating electric school bus adoption, with combined market opportunities of $25 billion.

• Even a 1% replacement of diesel buses represents a $1.3 billion annual revenue opportunity.

• Demand for electric school buses is expected to exceed industry production capabilities for years.

Product portfolio and competitive positioning

• Offers both Class 4 Type A (Nano BEAST) and Class 8 Type D (BEAST) all-electric, purpose-built school buses.

• Delivered over 700 Class 4 EV Star models and approximately 900 vehicles in total, generating $90 million in revenue over the past three years.

• Only OEM with both Class 4 and Class 8 all-electric school buses, with state contracts and orders in multiple U.S. states.

• EV Star platform offers up to 150 miles range and 7,000 lb. carrying capacity, with multiple upfit options.

Health, environmental, and operational benefits

• Electric school buses reduce greenhouse gas emissions, improve air quality, and lower health costs by $11,800 per bus.

• Each electric bus eliminates 334 tonnes of greenhouse gases and is equivalent to removing 23 passenger vehicles from the road.

• Zero-emission buses improve respiratory health, cognitive performance, and reduce absenteeism among students.

• Electric buses are quieter, reducing noise pollution and supporting positive mental health.