Energous : Investor Presentation

Investor Presentation

MAY 2024

Nasdaq:

WATT

Forward Looking Statements

This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities

Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections, including statements regarding our future performance, ability to enter into future partnerships, future portfolio and ability to obtain future regulatory approval.

All statements in this presentation that are not based on historical fact are forward-looking statements. Forward-looking statements can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. While management has based any forward-looking statements on its current expectations, the information on which such expectations are based may change. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the risk factors and management's discussion and analysis of financial condition and results of operations sections of our most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date hereof. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward- looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

In this document, we present management estimates of the total addressable markets for our products that are based on studies, publications, surveys, and other data prepared by third-party sources that we believe to be reliable and that are customarily relied upon by companies in our industry. Such estimates reflect the belief of our management as of the date of this presentation. However, we have not independently verified and make no representation as to the adequacy, fairness, accuracy, or completeness of such third-party studies, publications, surveys, and other data.

This presentation includes certain financial measures not presented in accordance with generally accepted accounting principles in the United States ("GAAP"), which are used by management in making operating decisions, allocating financial resources, and internal planning, and forecasting, and for business strategy purposes, have certain limitations, and should not be construed as alternatives to financial measures determined in accordance with GAAP. The non-GAAP measures as defined by us may not be comparable to similar non-GAAP measures presented by other companies. Presentation of such measures, which may include adjustments to exclude unusual or non- recurring items, should not be construed as an inference that our future results will be unaffected by other unusual or non-recurring items. A reconciliation is provided elsewhere in this presentation for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP.

© Copyright 2024 Energous Corporation. Energous®, the Energous logo, WattUp®, and other designated brands included herein are trademarks of Energous in the United States and other countries. All other trademarks are property of their respective owners.

© 2024 Energous Corporation

Energous is pioneering scalable, over-the-air (OTA) wireless power networks that are designed to enable unprecedented levels of visibility, control, and intelligent automation for IoT applications

IoT Has the Potential To Disrupt Market Forecasts

Asset Tracking / Logistic / Supply Chain Applications

RF Tags

A new class of very low- cost tag is enabling a new category of asset tracking solutions to significantly improve supply chain, this ambient IoT market is expected to grow into the trillions over the next 3-years

TAM $15.8B*

IoT Sensors

Bluetooth® Sensor technology will

soon add higher-accuracy distance and more accurate measurement to a new class of IoT devices

TAM $16B*

	*https://www.bluetooth.com/2023-market-update/
© 2024 Energous Corporation	https://www.marketsandmarkets.com/Market-Reports/rfid-market-446.html
	https://www.marketsandmarkets.com/Market-Reports/sensors-iot-market-26520972.html

IoT Deployment Challenges

BATTERIES

WIRES/CABLES

DATA

• Limited energy storage
• New features increase battery size and cost
• Toxic waste/landfill issues
• Labor intensive and cost prohibitive servicing

❏ High installation cost	❏ Data overload
❏ Location limitation	❏ Lack of real-time accurate data
❏ Limited or no mobility or	❏ Limits usable devices
flexibility	❏ Maintenance cost
❏ Safety hazards	❏ Reduced communications efficiency

© 2024 Energous Corporation

Energous Enables a New World for IoT

By pioneering scalable, over-the-air (OTA) wireless power networks designed to enable unprecedented levels of visibility, control & intelligent automation for IoT applications

Creating Reliable, Always-on Power Networks

• Provides on-demand access to wireless power, similar to how cell phones provide seamless access to data from anywhere
• Devices stay powered on 24/7/365 - no down time

Improving Operational Efficiencies

• Accurate, real-time and actional data and communication
• Automated energy flow to optimize device performance

Reducing Costs

• Eliminating need for disposable batteries, wires & cables
• Lowering maintenance costs

Providing Network Flexibility & Mobility

• Network scales with IoT applications

© 2024 Energous Corporation

Building a Smart, Real-Time Supply Chain

Asset loaded

for delivery, providing real-time

data on location.

Digital ID created

for each asset.

Asset delivered to

store, providing real- time data on location.

Real-time monitoring

of asset during

transport for location,

temperature, etc.

Asset stocked on shelf,

providing real-time

visibility into location,

temperature, etc.

© 2024 Energous Corporation

Providing Actionable Real-Time Data

• Temperature
• Humidity
• Location
• Alerts in case of a problem: - Weather, traffic, etc.

Energous Dashboard

Energous Dashboard Tracking Assets

Energous Software Dashboard Provides

Real Time Insights

© 2024 Energous Corporation

Solving the IoT Problem, Safely

• Integrated Silicon, Antennas, Receivers & Transmitters
• • Custom-designedfor optimal energy and data transfer
• PowerBridge Wireless Networks
• • Enable universal over-the-air wireless power grids for all IoT devices
• IoT Device Data Management
• • Streamlines data handling for connected devices.
• Smart Power Distribution
• • Automates energy flow to optimize device performance
  • Enables tracking and data centric IoT business models
• Dedicated software dashboard
• • Provides real-time monitoring and control over the network.

© 2024 Energous Corporation

Regulatory Certification in World's Largest Markets for Ultimate Safety

U.S. & Canada

United Kingdom

European Union

Australia & New Zealand

China

South Korea

India

Japan

© 2024 Energous Corporation