GAUSSIN wins the Dubai World Challenge 2021 autonomous vehicle competition, in consortium with Neolix China

PRESS RELEASE

Héricourt, October 27th 2021

GAUSSIN wins the Dubai World Challenge 2021

autonomous vehicle competition, in consortium with

Neolix China

GAUSSIN (ALGAU - FR0013495298), a pioneer of clean and smart freight transport, announced it has won the Dubai World Challenge 2021 autonomous vehicle competition for the second consecutive time. For this new edition, GAUSSIN entered into a consortium with NEOLIX China, the Chinese leader in autonomous mobility for last-mile goods delivery on public roads. GAUSSIN and NEOLIX will share the $1 million prize from the competition.

A multi-year international competition

The Dubai World Challenge for Self-Driving Transport is a catalyst for realizing the vision of His Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President and Prime Minister of the United Arab Emirates, to achieve 25% of all travel in Dubai via smart and unmanned transport solutions by 2030.

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Organized by the Dubai Roads and Transport Authority (RTA), the Challenge is a multi-year international competition designed for industry leaders, start-ups and universities working on transportation issues facing the world's cities. It is the world's most prestigious competition with a global perspective, not limited by country or region.

"We are very proud to win the World Dubai Challenge for the second time. It is a great recognition of the know-how of Gaussin and its partner Neolix in the field of sustainable and smart transport. For several years now, we have been experiencing a strong development of "smart cities" projects, which are the future of urban planning and now concentrate most of the innovation in mobility. Urbanization is expected to accelerate over the next decade with an urban population that will represent 70% of the world's population by 2050. Because of this unprecedented growth rate, it is necessary to implement innovative solutions now", said Christophe Gaussin, CEO of GAUSSIN.

The last mile challenge

This 2nd edition of the challenge was dedicated to autonomous logistics services for last mile delivery. This choice is the result of RTA's efforts to support the logistics sector in Dubai. Dubai has approximately 6,000 shipping companies and an estimated 64,000 trucks on its territory. With some 306,000 trips per day, they account for about 13% of total daily travel in Dubai.

"Cargo shipping on the first and last mile of the city is among the key services that impact the overall economy. Therefore, new operating models as well as innovative vehicles are expected to be developed for cargo delivery in the near future. RTA's drive to expand the scope of autonomous logistics services, including ground transportation and drones, aims to open up new horizons and engage larger companies in different categories of challenges," said His Excellency Mattar Mohammed Al Tayer.

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The consortium with Neolix

This partnership with Neolix is a new step forward for GAUSSIN and its innovation policy. Neolix aims to define the future lifestyle of the smart city by relying on cutting-edge technologies. Since the start of its Product R&D in 2016, Neolix has experienced strong growth in the areas of autonomous driving, 5G communications, the Internet of Vehicles, connected objects and a gigafactory for autonomous vehicles inaugurated in 2019. Neolix has commercially deployed vehicles in hundreds of specific situations around the world to create an ecosystem of smart services with trusted partners and provide consumers with the best experience.

About GAUSSIN

GAUSSIN is an engineering company that designs, assembles and sells innovative products and services in the transport and logistics field. Its know-how encompasses cargo and passenger transport, autonomous technologies allowing for self-driving solutions such as Automotive Guided Vehicles, and the integration all types of batteries, electric and hydrogen fuel cells in particular. With more than 50,000 vehicles worldwide, GAUSSIN enjoys a strong reputation in four fast-expanding markets: port terminals, airports, logistics and people mobility. The group has developed strategic partnerships with major global players in order to accelerate its commercial penetration: Siemens Postal, Parcel

• Airport Logistics in the airport field, Bolloré Ports and ST Engineering in ports and Bluebus for people mobility. GAUSSIN has broadened its business model with the signing of license agreements accelerating the diffusion of its technology throughout the world. The acquisition of METALLIANCE confirms the emergence of an international group present in all segments of intelligent and clean vehicles.

In October 2019, the group won the World Autonomous Vehicle Transport Competition "Category leader" - "Better energy and environmental sustainability".

GAUSSIN has been listed on Euronext Growth in Paris since 2010 (EURONEXT GROWTH - FR0013495298). More information on www.gaussin.com.

	Contacts
GAUSSIN	Ulysse Communication
Christophe Gaussin, [e-mail]	Nicolas Daniels,[e-mail]
+33(0)3.84.46.13.45	+33(0)6.63.66.59.22
	Charles Courbet,[e-mail]
	+33(0)6.28.93.03.06
LHA Investor Relations - USA	RooneyPartners - USA
Jody Burfening,[e-mail]	Jeanene Timberlake,[e-mail]
[phone]	[phone]

More information on www.gaussin.com

• This document may contain forward-looking information. Such forward-looking information refers to future prospects, developments and strategies of GAUSSIN and is based on analysis of expected future results and estimates of amounts that are not yet determinable to date. Forward-looking

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information naturally contains elements of risk and uncertainty relative to events and therefore dependent on circumstances which may or may not occur in the future. GAUSSIN draws your attention to the fact that forward-looking information provides no guarantee concerning its future performance or financial situation, financial results or trends in the sector in which GAUSSIN operates, and which may significantly differ from those proposed or suggested in the forward-looking statements contained in this presentation. Furthermore, even though the financial position of GAUSSIN , its performance and trends in the sector in which GAUSSIN operates comply with the forward-looking information contained in this presentation, such performance or trends may not be a reliable indication of the company's future performance or prospects. GAUSSIN is not committed to updating or confirming analysts' expectations or estimates or to publicly correcting any information or event in order to reflect an event or circumstance eventually occurring following this presentation.

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