Energy Vault has recently announced a set of commercial, financing and strategic wins while previewing Q4 2025 financial results that set the stage to significantly accelerate its growth objectives:

• Significantly strengthened its balance sheet to accelerate growth
• Achieved transformational year-over-year Revenue, Gross Margin and Adjusted EBITDA growth, including a milestone of its first positive Adjusted EBITDA result of $5 to $10 million in Q4 2025
• Grew cash over 300% during the last four quarters to finish 2025 with more than $100 million
• Entered the high-margin AI infrastructure market
• Secured domestic sodium-ion battery supply advantages and global market entry exclusivity
• Expanded its global "Own & Operate" asset base with long-duration storage projects in Australia

Collectively, these milestones reinforce Energy Vault's execution of its energy asset management strategy to deliver, own and operate mission-critical energy infrastructure at the intersection of renewable energy, grid resiliency, and AI-driven demand growth.