Zeo Energy (ZEO) investor relations material

Company overview and business model

• Vertically integrated residential solar provider covering system sales, design, procurement, installation and maintenance; also sells energy-efficiency and roofing products and services. Most customers are in Florida, Texas, Ohio, Illinois and Virginia.

• Since Heliogen’s acquisition in Aug 2025, pursuing large solar, long-duration storage and energy-generation projects for utility, industrial and data-center customers.

• Expanded into California, Colorado, Minnesota, Utah and Virginia in 2025; had ~190 installation, sales-support and administrative personnel at Dec 31, 2025.

Financial performance and metrics

• Class A shares closed at $0.2932 and warrants at $0.025 on Oct 2, 2026; 46,516,341 Class A shares were outstanding at Sep 30, 2026.

• The resale prospectus estimates 70,220,353 Class A shares after conversion or exchange of applicable securities; excludes Class V shares, plan-reserved shares and shares underlying warrants.

• A $1.67M White Lion convertible note, issued for $1.5M gross proceeds, was repaid with accrued interest on Sep 22, 2026; no White Lion notes were outstanding as of the prospectus date.

Use of proceeds and capital allocation

• Net proceeds from primary shelf sales are intended for working capital and general corporate purposes unless an offering supplement specifies otherwise; management has broad allocation discretion.

• Selling stockholders may resell up to 51,237,588 shares; no resale proceeds go to the issuer, which bears registration costs while sellers cover their sale commissions and expenses.

• No cash dividends have been paid; available funds and future earnings are intended to support operations and business growth, with no cash dividends planned for the foreseeable future.