Nexport and GAUSSIN establish a strategic partnership to distribute
EV and hydrogen vehicles in Australia & New Zealand

A$16 million (€10 million) joint venture will result in Nexport assembling
Gaussin vehicles locally to accelerate the transition of government and industry
towards zero-emissions

Nexport Pty Ltd (Nexport) is pleased to announce that it has secured an exclusive 20-year
partnership and licencing agreement with French engineering firm GAUSSIN Manugistique
(EURONEXT GROWTH FR0010342329) (www.gaussin.com).

Headquartered in Paris, France, GAUSSIN is a technology and engineering company that designs,
assembles and offers zero-emission, smart and connected vehicles for freight transportation and
people mobility to enable off-road and on-road applications. With more than 50,000 vehicles
worldwide, GAUSSIN enjoys a strong reputation in four fast-expanding markets: port terminals,
airports, logistics and people mobility.

Under the agreement, the companies will set up an Australian joint venture to locally assemble and
supply GAUSSIN’s range of zero emission vehicles to local industry participants and governments in
Australia and New Zealand.

As part of the arrangement, Nexport will pay Gaussin $16m over the next three years for the
exclusive licence for to manufacture and sell its suite of vehicles. Gaussin will reinvest a portion of
this capital back into the Australian joint venture, with funds to be deployed towards the
manufacturing processes, technical development and to assist in regulatory processes. This
strengthens Nexport’s capabilities which will now include procuring, assembling and supplying a
range of zero emission vehicles. Both parties are in favourable discussions to progress next steps.
Nexport is a growing Australian electric vehicle producer and supplier. It has a multi-model platform
for EV transport and is leading Australia to a cleaner, healthier and more sustainable future. The
group is the operating subsidiary of Sydney-based TrueGreen Mobility, which recently secured
A$100m in new funding from international parties.

Nexport will locally manufacture Gaussin’s portfolio of zero emission prime movers, airport
transporters and refuellers, electric buses, hydrogen powered generators and a range of other
vehicles. Nexport is actively searching for sites to establish a state-of-the-art 16,000m2
manufacturing facility in Sydney. The initiative is expected to create a minimum of 100 new zeroemission
related jobs.

Nexport CEO Michel van Maanen said: “We are delighted to have secured this agreement with a
well-respected leader in the EV sector and one that has an established and proven track record. We
have been negotiating this partnership over many months and it reflects the fact that trade
between Australia and France is ongoing.

“Discussions with Australian state and federal governments regarding the transition to zeroemission
has been favourable, and we will continue to proactively engage as this initiative
progresses. This agreement will create a large number of jobs in Australia and helps to establish a
local manufacturing base and capability for the growing EV sector. We are assessing a number of
sites to establish this manufacturing and logistics facility in Sydney. We look forward to providing
regular updates as the partnership evolves.”

GAUSSIN CEO Christophe Gaussin added: “For some time, we have been assessing opportunities for
expansion into Australia and New Zealand and Nexport has the necessary scale and financial backing
that gives us confidence in the partnership. Despite recent macro events, trade between Australia
and France is still very active and this partnership is clear evidence of this.”

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