Enovix : Q125 Enovix Investor Presentation

Published: 2025-05-23 05:50:06 ET ENVX

Published on 05/23/2025 at 05:50

Investor Presentation

April 2025

An Advanced Silicon Battery Company

Patented design and manufacturing process for 100% Active Silicon Anode

Step-Change Increase in Battery Capacity while meeting Cycle Life and Charge Rate Requirements

Patented Laser Patterning and Electrode Stacking Processes developed at Fab1 in Silicon Valley

Fab2 in Malaysia opened in 2024 with the Agility line, first high-volume (HVM) line, and capacity for 3 additional HVM lines.

Contracts with OEM leaders in the smartphone, IoT and EV sectors. Mass production with multiple

launches targeted in late 2025.

Majority of 2024 revenue from strategic acquisition of electrode coating and battery manufacturer Routejade.

3

Smartphone Battery Leadership Opens $12B+ Opportunity

Others

of $12B+ Lithium-Ion Smartphone Battery TAM2

Smartphone models (Avg. ~3.5M units per model)3

receiving samples of Enovix smartphone

batteries

of Smartphone Battery

TAM represented2

1 IDC Mobile Phone Tracker, 2023 Smartphone Units

2 Company estimates as of April 2024

3 PhonesData.com 2023 total SKU count for Apple, Samsung, Xiaomi, Oppo, Transsion, Vivo, Honor, and Lenovo 4

Winning in Smartphones Opens Up Incremental $15B+ TAM

Company estimates as of January 2023; IDTechEx Forecast Wearable Technology 2021-2031; IDC Worldwide AR/VR Headset Forecast 2022Q3; Avicenne Energy Battery Market for Video Games 2017-2030; Statista

Number of IoT Connected Devices Worldwide from 2019-2030; Statista Consumption of Power Tools Worldwide by End User 2015-2027; Avicenne Energy Battery Market for Household Devices 2017-2030

Company estimates as of January 2023; IDC Personal Computing Devices Market Share Dec 2022; Statista Worldwide Tablet shipment from 2nd quarter 2010 to 3rd quarter 2022

https://www.researchandmarkets.com/reports/5547558/military-battery-market-forecasts-from-2021-to?utm_source=GNOM&utm_medium=PressRelease&utm_code=t2j8hz&utm_campaign=1687434+-

+Global+Military+Battery+Market+to+2026+-+Featuring+EnerSys%2c+Arotech+and+EaglePicher+Technologies+Among+Others&utm_exec=jamu273p 5

Smart Eyewear Market

Reaching A Tipping Point

Smart Eyewear to reach multiple 10s of millions by 20281

Growth Drivers Hardware advancements Ecosystem maturity

AI

Expanding use cases in Consumer & Enterprise

Key Players

6

1 IDC, December 2024

Disclaimer

Enovix Corporation published this content on May 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 23, 2025 at 09:49 UTC.