EZFill : Presentation

JANUARY 2024

MOBILE FUEL DELIVERY

DISCL AIMER

02

DISCLAIMER

This presentation contains "forward-looking statements." Forward-looking statements reflect our current view about future events. When used in this presentation, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this prospectus relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

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 laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements.

NEVER PUMP GAS AGAIN

W HO W E ARE

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WHOWE ARE

EZFILL BRINGS THE

GAS STATION TO YOU

EzFill is a leader in the

fast-growing mobile fuel industry, with the largest market share in

its home state of Florida.

NEVER PUMP GAS AGAIN

INVESTMENT HIGHLIGHTS

NEVER PUMP GAS AGAIN

INDUSTRY SHIFT

Retail fueling industry, estimated to be $500 bn, is ripe for innovation

BUSINESS MODEL

Fueling services provided for Fleets, Consumers and Specialty Vehicles

MANAGEMENT TEAM

Experienced management team with expertise across Oil & Gas, Operations, Finance and Technology

OPPORTUNITY

First-mover advantage in rapidly rising mobile fuel industry

EXPANSION

With Miami as the launchpad, EZFL strategically expanded into 4 new markets in 2022.

DELIVERY FLEET

EZFL has a robust network of delivery trucks for all mobile fueling needs

IN VES TMENT H I G H L I G H T S

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EZFL MARKET OP POR TUNIT Y

EZFL MARKET OPPORTUNITY

CUSTOMEREXPECTATIONS
	• On-Demand products	• Direct-to-Consumer business services
HAVECHANGED FOREVER			are the new standard	are rapidly capturing market share

TRANSPORTATION	MEALS	GROCERIES
Uber: Market Cap $60B	Doordash: Market Cap $22B	Instacart: Valuation: $20B+	FUEL
Lyft: Market Cap $6B	Grubhub: Market Cap $7.5B	Shipt: Owned by Target

M a r k e t c a p a n d v a l u a t i o n s c h a n g e d a i l y .

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TRACTION TO DATE

COMMERCIAL

New Accounts to date

300 +

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RESULTING IN STEADY

REVENUE GROWTH

GALLONS

13M +

Delivered to date

$50M

Revenue to date

CONSUMER

Suscriber Retention

80% +

TRA CTION TO DATE

RE VENUE GRO WTH

REVENUE GROWTH	REVENUE BY QUARTER	REVENUE TREND
$6,500,000			$6,163,681.74
			$6,130,661.44
$6,000,000
$5,500,000			$5,231,333.79
$5,000,000			$4,859,000
$4,500,000
$4,000,000			$4,091,000
		$3,754,000
$3,500,000
$3,000,000
$2,500,000		$2,340,000
$2,000,000		$1,998,000
$1,850,000	$1,864,000
$1,500,000	$1,522,000

$1,121,000 $1,126,000

$1,000,000

$696,000 $643,000

$500,000

$0

Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023

NASDAQ:

EZFL

07	NEVER PUMP GAS AGAIN

GALLON GROWTH

RE VENUE GRO WTH

GALLONSBY QUARTER	GALLONS
	DELIVERED
	TREND

		NEVER PUMP GAS AGAIN
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EZFILL GROWTH IN 2023

20212022

REVENUE	$7.2M		$15.0M

GALLONS DELIVERED	2.3M		3.6M

FUEL MARGIN PER GALLON	$0.37		$0.45

NEW FLEET ACCOUNTS ADDED	14		100 +

NUMBER OF TRUCKS IN FLEET	13		40

NUMBER OF LOCATIONS	1		5

NEVER PUMP GAS AGAIN

2023

$27.2M

6.5M

$0.59

140

140

140

EZFILL GRO W TH IN 2 0 22

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SIGNIFICANT MARKET OPPORTUNITY

"DESPITE THE EVOLUTION OF EV'S, INTERNAL COMBUSTION ENGINE (ICE) VEHICLES ARE GOING TO STAYON THEROAD"

Scott Keogh,VW CEO at NADA Las Vegas.

	Number of gas stations
	1991 to 2022
DECLINE	220K
200K
LONG	180K
STATIONS'	160K
GAS	145k
140K

'952000'05'10'15'20

Data: National Petroleum News, NACS; Chart: Axios Visuals

NEVER PUMP GAS AGAIN

COMMERCIAL

Avg. Vehicle	Number of U.S.
Commutes	registered vehicles
23K MILES/YR	121M
Justice of Statistics, 2019

CONSUMER
Avg. Vehicle	Number of U.S.
Commutes	registered vehicles
12K MILES/YR	276M
Justice of Statistics, 2019

GAS AND		135B
DIESEL IN 2022
94%		GALLONS/YR
OF VEHICLES		U.S. MOTOR FUEL
	CONSUMPTION
Kellybluebook 12/2022
		Energy Info Administration, 2022

S I G N I F I C ANT MARKET OP POR TUNIT Y

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