Page 1

PLUG POWER ● P ● Plug Power Reports Largest Revenue Quarter in the Company's History $ 144 Million in Q3 2021 Revenue , Up 34 % Year over Year Raising Revenue Guidance for 2022 given acquisitions and commercial traction to $ 900 Million - $ 925 Million ● Hosted 3rd Annual Plug Power Symposium : Attracting over 5,000 attendees and dozens of global speakers , showcasing strategic priorities in green hydrogen ecosystem , market expansion , gigafactory and establishing 2025 guidance of $ 3 billion in annual revenue Continued to Expand Green Hydrogen Generation Network Across North America while Forming Strategic Partnerships in Europe and Asia Pacific Expansion of Green Hydrogen Generation network across North America : Announced plans to build a 30 tons - per - day green hydrogen plant in Fresno , California which would be the largest facility of its kind on the West Coast . This property joins our state - of - the - art green hydrogen production facilities under development in Georgia , New York and other locations to meet our goal of supplying 500 tons - per - day of liquid green hydrogen by 2025 Material handling business remains robust : Already added five pedestal customers well ahead of target with continued discussion to add more pedestal customers in both the US and Europe Announced two joint ventures in Asia - Pacific : Finalized JV with SK E & S designed to accelerate the use of hydrogen as an alternative energy source in Asian markets ; announced planned JV with Fortescue Future Industries to build a gigafactory in Queensland , Australia . With SK JV , we expect to see meaningful growth in our stationary product business and this product platform can be leveraged on a global basis for both stationary and data center applications Announced Partnership with Lhyfe for the development of green hydrogen plants throughout Europe and launched EU headquarters in Germany ● Announced initiatives to expand development of Green Hydrogen Infrastructure : Including partnership with Phillips 66 and Airbus