LEVERAGING THE ULTIUM PLATFORM CONT. Ultium represents a milestone achievement in electrification, with battery pack costs nearly 40% lower compared to the previous generation, and we expect the second generation Ultium packs will cost nearly 60% less than the batteries used today 1 . We are committed to continuous manufacturing, materials and packaging efficiencies, high-energy cell design and increased vertical integration with local production that are expected to deliver greater energy density at a lower cost. We also are incorporating responsible battery recycling considerations. Today we refurbish, recycle or reuse 100% of batteries returned to us and apply the lessons in future design. Among the recycling initiatives that we are pursuing is a collaboration with the Department of Energy’s (DOE) U.S. Advanced Battery Consortium and recyclers to advance lithium-ion battery recycling. These projects are validating recycled materials as alternatives to mined materials for battery manufacturing with the goal of reducing future needs for mining. Learn more in Design for the Environment . Creating a Superior EV Ownership Experience In 2021, GM introduced Ultium Charge 360, a holistic approach that integrates charging networks, GM vehicle mobile apps, products and services to simplify the overall charging experience. Through Ultium Charge 360, GM Fleet, OnStar Business Solutions (where available) and BrightDrop, customers will be able to customize plans and select from preferred providers for their fleet electrification needs in the United States and Canada. 2 Ultium Charge 360 Capabilities • Access to Charging: GM continues to work with a variety of third parties, including charge point operators, electric utilities and government agencies to make home, workplace, public and fleet charging ubiquitous and easy for customers. • Mobile Apps: We will continue to update GM vehicle mobile apps to provide an even more intuitive mobile experience that simplifies navigating to a charging station, initiating charging sessions and paying for charging. • Products and Services: To help ensure a seamless EV transition, GM plans to offer EV owners charging accessories and installation services tailored to their lifestyle. A Holistic Solution for Fleets • A comprehensive solution to help new and existing fleet customers identify providers, tools and solutions required to plan, finance, deploy and operate charging infrastructure in fleet yards and depots. • Fleet and facility management tools. • Integration with GM’s fleet management solution, OnStar Vehicle Insight and the BrightDrop Software Platform. • Support for a wide range of fleet segments, including delivery, sales, utilities and motor pool. Convenient and Rewarding Ownership Experience • Implementing connected diagnosis and over-the-air programming with easy mobile service or dealer pick-up/drop-off options for service convenience. • Competitive battery warranty with battery performance monitoring. • A seamless, omnichannel customer experience with connected product offerings. • Make the myBrand apps as the “ownership hub” to access connected services, monitor battery health and energy status and plan routes. 2024 Chevrolet Equinox EV RS available Fall 2023. Availability of LT shown to be announced at a later date. 1 C ost reduction might vary by region and cell chemistry. 2 A vailable on select Apple and Android devices. Service availability, features and functionality vary by vehicle, device and the plan you are enrolled in. User terms apply. Skip Navigation Introduction Reducing Emissions Design for Environment Technology Customers Safety Diverse Workforce Human Rights Supply Chain Communities Governance 2021 SUSTAINABILITY REPORT 18