Microvast and Minespider show Battery Passport demo at IAA Transportation 2024 Page 1

Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, and Minespider, a technology company that offers battery passports that comply with the EU Battery Regulation, today announced that they will jointly demonstrate a first-ever demo of a battery passport at IAA Transportation 2024. The event will be held in Hannover, Germany, from September 17-22, 2024. On August 27, 2024, Minespider and Microvast announced a strategic partnership to implement battery passports for Microvast battery solutions for EU customers that comply with the EU Battery Regulation.

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