The AGV H2 follows the launch of GAUSSIN’s hydrogen-powered fuel cell ATM and APM vehicles

GAUSSIN (EURONEXT GROWTH ALGAU - FR0013495298), a pioneer in the clean and intelligent transport of goods and people, announces the launch of the world's first hydrogen-powered fuel cell Automated Guided Vehicles (AGV H2) for seaports. These new vehicles complement GAUSSIN’s range of hydrogen-powered vehicles following the release of the hydrogen-powered fuel cell ATM and APM. The AGV can be autonomously driven in infra-structureless and mixed traffic environment. It will help port operators switch to zero-emission immediately and provide longer operating hours, shorter and less frequent refuelling, as well as quiet and efficient transportation.

GAUSSIN’s state-of-the-art, complementary solution for port operators

Ports traditionally rely on diesel-powered trucks and tractors operating in a cluster environment are involved in moving cargo to and from ships. This contributes significantly to CO2 emissions. Many feasibility studies have shown that ports are ideal locations for hydrogen-powered transport trucks and container handling equipment as they are a natural place for hydrogen transportation, storage, and refuelling sites for various applications. With hydrogen production costs dropping more than 50% since 2015, hydrogen-powered fuel cell vehicles are now a viable solution for port operators to meet both the operation efficiency and green targets.

A new vehicle with strong performances

The H2 AGV shows strong and distinctive performance, which are detailed below:

Application: Containers Payload: 65t Maximum speed: 25 km/h Drive line: 4x4 Front axle capacity: 50t Rear axle capacity: 50t Traction motor: 2*226kW permanent magnet Fuel Cell: 45kW H2 tank capacity: 20kg @350bar Battery capacity: 60kwh Autonomy with H2: 15 hours Additional autonomy with Batteries: 3 hours

“Once again, we are expanding our range of hydrogen-powered fuel cell products to support the zero-emission drive in the port sector. We believe our H2 AGV will contribute significantly to the operation efficiency expected in this demanding environment,” said Christophe Gaussin, CEO of GAUSSIN.

Next steps

Open Days in Héricourt: March 17 & 18 Meet4Hydrogen in Toulon: March 23-24 H2 Racing Truck World Tour in Marseille: March 25 GAUSSIN Investor Days in Héricourt: March 28-29-30 Paris Investor Access: April 4 H2 Racing Truck World Tour à Zeebrugge: April 6 Publication of 2021 results: April 26 Advanced Clean Transportation (ACT) Expo in Los Angeles: May 9 to 12

About GAUSSIN

GAUSSIN is an engineering company that designs, assembles and sells innovative products and services in the transport and logistics field. Its know-how encompasses cargo and passenger transport, autonomous technologies allowing for self-driving solutions such as Automotive Guided Vehicles, and the integration all types of batteries, electric and hydrogen fuel cells in particular. With more than 50,000 vehicles worldwide, GAUSSIN enjoys a strong reputation in four fast-expanding markets: port terminals, airports, logistics and people mobility. The group has developed strategic partnerships with major global players in order to accelerate its commercial penetration: Siemens Postal, Parcel & Airport Logistics in the airport field, Bolloré Ports and ST Engineering in ports and Bluebus for people mobility. GAUSSIN has broadened its business model with the signing of license agreements accelerating the diffusion of its technology throughout the world. The acquisition of METALLIANCE confirms the emergence of an international group present in all segments of intelligent and clean vehicles.

In October 2021, GAUSSIN won the Dubai World Challenge for Self-Driving Transport.

In January 2022, GAUSSIN successfully completed the 2022 Dakar Rally with its H2 Racing Truck, the first hydrogen-powered vehicle to enter the race and generate zero CO2 emissions.

In March 2022, Christophe Gaussin was named “Hydrogen Personality of the year” at the Hydrogénies - Trophées de l'hydrogène ceremony held at the French National Assembly.

GAUSSIN has been listed on Euronext Growth in Paris since 2010.

More information on www.gaussin.com.

For more information on GAUSSIN, go to www.gaussin.com

* This document may contain forward-looking information. Such forward-looking information refers to future prospects, developments and strategies of Gaussin and is based on an analysis of expected future results and estimates of amounts that are not yet determinable to date. Forward-looking information naturally contains elements of risk and uncertainty relative to events and therefore dependent on circumstances which may or may not occur in the future. Gaussin draws your attention to the fact that forward-looking information provides no guarantee concerning its future performance or financial situation, financial results or trends in the sector in which Gaussin operates, and which may significantly differ from those proposed or suggested in the forward-looking statements contained in this presentation. Furthermore, even though the financial position of Gaussin, its performance and trends in the sector in which Gaussin operates comply with the forward-looking information contained in this presentation, such performance or trends may not be a reliable indication of the company’s future performance or prospects. Gaussin is not committed to updating or confirming analysts' expectations or estimates or to publicly correcting any information or event in order to reflect an event or circumstance eventually occurring following this presentation.

GAUSSIN Christophe Gaussin, invest@gaussin.com +33(0)3.84.46.13.45

Ulysse Communication Nicolas Daniels, ndaniels@ulysse-communication.com +33(0)6.63.66.59.22

Charles Courbet, ccourbet@ulysse-communication.com +33(0)6.28.93.03.06

LHA Investor Relations – USA Jody Burfening, jburfening@lhai.com (212) 838-3777

RooneyPartners - USA Jeanene Timberlake, jtimberlake@rooneypartners.com (646) 770-8858

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