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This presentation and other written or oral statements made from time to time by representatives of Crown Electrokinetics may contain "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. Forward-looking statements reflect the current view about future events. Statements that are not historical in nature, and which may be identified by the use of words like "expects," "assumes." "projects," "anticipates." "estimates." "We believe," "could be," "future" or the negative of these terms and other words of similar meaning, are forward-looking statements. Forward-looking statements are based on management's current expectations and assumptions regarding our business, the economy and other future conditions and are subject to inherent risks, uncertainties and changes of circumstances that are difficult to predict and may cause actual results to differ materially from those contemplated or expressed. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Important factors that could cause actual results to differ materially from those in the forward looking statements include: a continued decline in general economic conditions nationally and internationally; decreased demand for our products and services; market acceptance of our products; the ability to protect our intellectual property rights; impact of any litigation or infringement actions brought against us; competition from other providers and products; risks in product development; inability to raise capital to fund continuing operations; changes in government regulation, the ability to complete customer transactions and capital raising transactions.

Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities law of the United States, we do not intend to update any of the forward- looking statement to conform these statements to actual results.

All forecasts are provided by management in this presentation and are based on information available to us at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products. This overview is delivered solely as reference material with respect to our company. This document shall not constitute an offer to sell or the solicitation of an offer to buy securities in our company in any jurisdiction. The information herein is based on data obtained from sources believed to be reliable.

Page 1

A New Path Forward: Crown Acquires Assets of Amerigen 7

  • Crown will now offer two products to its customer base: 1.) Smart Window Inserts; and
    2.) Distributed Antenna Systems (DAS)
  • The team from Amerigen 7 (now called Crown Fiber Optics) is an expert in both designing and installing Distributed Antenna Systems (DAS) for buildings, hospitals, airports, and stadiums
  • The team from Amerigen 7 is also an expert in constructing fiber optic networks
  • Included in the asset purchase is the Prime Contract for Charter Communications in Wisconsin, Michigan, Indiana, Ohio and Pennsylvania
  • Crown Fiber Optics is expected to immediately commence work on a signed purchase order for $67 million project in Ohio; constructing the fiber optic network for Charter Communications
  • Crown entered into an Asset Purchase Agreement on January 3, 2023 and paid $645K in cash for substantially all of the assets of Amerigen 7

Page 2

Increased Product Offering and Immediate Revenue Generation

Acquisition is expected to add revenue of approximately $30 million and EBITDA of $10 million in 2023

Page 3

Transaction Rationale: Why Did Crown Buy Amerigen 7 Assets?

  • Crown's customers have expressed a problem with 5G cellular signals penetrating their building's exterior - a Distributed Antenna System (DAS) is the industry's preferred solution
  • Crown's customers have a need to install a DAS in their buildings to increase the 5G cellular signals for their tenants
  • Crown will now offer both Smart Window Inserts and DAS to US Office buildings
  • In addition, Crown Fiber Optics will generate immediate revenue by executing on its prime contract with Charter Communications to buildout their fiber optic network
  • Crown Fiber Optics ongoing projects is expected to create revenue and earnings growth for many years

Page 4

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Crown Electrokinetics Corp. published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2023 13:07:05 UTC.