Pod Point Group (PODP) Status Update summary

Market Opportunity and Strategic Positioning

• UK electricity generation is expected to more than double by 2050, driven by renewables and electrification, with the Energy Flex market estimated at £2bn in 2024 and projected to grow over 50% to £3bn by 2028.

• Flex is essential to balance supply and demand as renewable generation increases volatility, addressing the energy trilemma of reliability, affordability, and sustainability.

• Pod Point has the largest UK installed base (~660k units, 35% market share), manages 1.6GW nameplate capacity, and is recognized for reliability, ease of use, and affordability.

• Strategic partnerships with EDF and Centrica provide infrastructure, insights, and market access advantages.

• Scale, brand strength, and technical capabilities position Pod Point ahead in a consolidating and rapidly growing market.

Flex Technology, Value Pools, and Monetization

• Flex balances grid supply and demand by shifting EV charging to optimal times, leveraging price signals and grid needs, with smart charging delivering up to 10x more value than simple pausing.

• Three main value pools: security of supply, infrastructure CapEx reduction, and energy arbitrage.

• Each participating chargepoint is expected to generate £40-50 per annum, with a seven-year average charger lifetime and customer acquisition costs of £100-125.

• Estimated value opportunity of around £250 per charger per year, with strong commercial partnerships and customer lifetime value.

• Monetization includes direct customer flex programs, supplier-integrated tariffs, and recurring revenue driven by market access and customer participation.

Market Access, Regulatory Tailwinds, and Competitive Advantages

• Pod Point is active in the DSO market and plans expansion into the Capacity Market, wholesale trading, and other flex segments.

• Accessing flex value through DSOs, balancing mechanism, wholesale trading, non-energy cost reduction, capacity market, and frequency response.

• Regulatory change (P415) from November will allow direct trading of flex energy, unlocking significant new revenue streams.

• Industry standards (OCPP) and new platform enable easier integration and future consolidation opportunities.

• Scale and data depth provide competitive advantages in market participation, commercial negotiations, and customer proposition.