Sydney, Australia; 8th February 2024: Wallbox, (NYSE:WBX) a global leader in EV charging and energy management solutions and Plenti, a technology-led consumer lending and investment company announced that Pulsar Plus, Wallbox’s best selling charger worldwide will be the first EV charging solution to be included on Plenti’s innovative GreenConnect platform coming to the market in 2024.

GreenConnect is Australia’s first streamlined platform designed to make it simple for all Australians to find the right sustainable hardware, energy provider or VPP plan in one location. From now on, Australian households will be able to access the Solar Ready Kit by Wallbox, consisting of a Pulsar Plus, a Power Meter and a premium Cable Management Dock at a competitive price. The platform will also recommend the best energy tariffs to suit the individual customers needs and location. 

Australia witnessed record EV sales of 87,430 last year, a 160% increase year-on-year, bringing the total market share to roughly 7%*. As the government continues to be slow to implement fuel efficiency standards that would help increase the volume and reduce the price of EVs available in Australia, the growth in EV shows that everyday Australians are self-motivated to make greener retail choices. 

“At Wallbox we are glad to have our smart EV charger, Pulsar Plus, coming soon to the GreenConnect platform. As drivers make the switch to EVs and energy rates continue to rise, the value GreenConnect can offer Australians in determining the best home environmentally friendly solutions to meet their needs only increases,” said Xavier Peña - Head of Marketing APAC at Wallbox commented - 

“The Wallbox offer on GreenConnect demonstrates our ongoing commitment to household electrification and will be an exciting expansion for GreenConnect beyond our existing battery and Virtual Power Plant offerings”, said Louis Edwards - Head of Renewables and Group Corporate Development at Plenti.

"As the authorised distributor for Wallbox in Australia since June 2022, this partnership marks an important progression in our journey. With the introduction of Wallbox's innovative EV charging solutions into the GreenConnect platform, we are taking a significant step towards empowering Australian households and businesses in their renewable energy choices. It's all part of our commitment to driving the smart energy revolution forward, with a particular focus on speeding up the installation of EV chargers across our network," said Usama Aslam - Lead Product Manager at OSW.

About Plenti

Plenti is building Australia’s best lender and has originated more than 3.5 billion in loans since establishment with strong growth supported by diversified distribution channels and funding and underpinned by exceptional credit performance and continual innovation.

*Source: VFacts 2023

About OSW

OSW is Australia's largest solar distributor, offering an extensive range of top-quality solar products from leading solar innovators. We are listed among the Top 500 APAC high-growth companies, Top 100 fastest-growing Australian companies, and Top 50 Australian companies that have achieved remarkable international growth.

Our commitment is to provide comprehensive solar and storage solutions, catering to all business needs with a focus on integrity, simplicity, and customer satisfaction. By delivering the right solution, right price, right now, we aim to empower customers to thrive on the journey of sustainability. Learn more at www.osw.energy/au/

About Wallbox

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 115 countries around the world. Founded in 2015 in Barcelona, where the company’s headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com

Wallbox PR Contact:

Elyce Behrsin

Global Head of Public Relations 

elyce.behrsin@wallbox.com 

Wallbox Investor Contact: 

Matt Tractenberg 

VP, Investor Relations 

Matt.Tractenberg@wallbox.com 

+1 404-574-1504

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the private placement. The words “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “”target,” will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: Wallbox’s history of operating losses as an early stage company; the adoption and demand for electric vehicles including the success of alternative fuels, changes to rebates, tax credits and the impact of government incentives; Wallbox’s ability to successfully manage its growth; the accuracy of Wallbox’s forecasts and projections including those regarding its market opportunity; competition; risks related to health pandemics including those of COVID-19; losses or disruptions in Wallbox’s supply or manufacturing partners; impacts resulting from the conflict between Russia and Ukraine; risks related to macro-economic conditions and inflation; Wallbox’s reliance on the third-parties outside of its control; risks related to Wallbox’s technology, intellectual property and infrastructure; as well as the other important factors discussed and incorporated by reference under the heading “Risk Factors” in Wallbox’s Annual Report on Form 20-F for the fiscal year ended December 31, 2022, and as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investors Relations section of Wallbox’s website at investors.wallbox.com. Any such forward-looking statements represent management’s estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.