Linamar Corporation

June 17, 2021 News Release: [Strategic Development Agreement for eAxle]
August 10, 2021 Interim MD&A (2Q2021)
August 11, 2021 NR regarding financials (2Q2021)
August 31, 2021 Shareholder Letter:
October 7, 2021 NR in conjunction with webcast: [Project on track for April 2022 delivery]
November 9, 2021 Interim MD&A (3Q2021) [Completed testing and validation of prototypes; is on track for the second quarter of 2022 delivery.]
December 8, 2021 News Release: EXRO to exhibit 3 Demo vehicles at CES 2022 [Polaris UTV, Zero Motorcycle, Humvee]
February 9, 2022 News Release: Shareholder letter [Name drop only]
March 29, 2022 Annual MD&A (2021YE)
April 7, 2022 Shareholder update letter ahead of webcast
April 7, 2022 News Release ahead of webcast
April 8, 2022 Presentation that accompanied the April 7 webcast
May 12, 2022 Interim MD&A (1Q2022)
August 11, 2022 Interim MD&A (2Q2022)
November 10, 2022 Interim MD&A (3Q2022)
November 10, 2022 News Release: Regarding Interim MD&A (3Q2022)
November 30, 2022 Shareholder update and Webcast: [e-Axle Phase one completion]
January 17, 2023 Shareholder Letter
March 30, 2023 Annual MD&A (2022YE)
March 30, 2023 News Release regarding Annual report (2022YE)
May 10, 2023 Interim MD&A (1Q2023)

May 10, 2023 News Release: quarterly results and ‘Scorecard’ update

Phase-2 testing of the co-developed integrated motor-inverter powertrain solution for commercial vehicle e-beam axles continues to progress well and on schedule
The partners anticipate moving to a definitive agreement which would outline multi-year volume production beginning in H2 2024.

May 15, 2023 News Release: Linamar agreement announced.

The definitive commercialization agreement is set for an initial five-year term and follows successful continued testing and validation by Linamar of the Exro Coil Driver product samples delivered in Q4 2022
By Q4 2023 the parties intend to build a product demonstration vehicle to be utilized as a joint marketing asset for the medium duty commercial vehicle market
The agreement contemplates the start of series production by Q4 2024 and includes annual commercial volume targets that build to 25,000 units per annum by 2027
Linamar is granted exclusivity to Exro’s Coil Driver product for use in medium duty Class 3-6 electric beam axle applications
“A commitment by the Parties to commercialize the product for multi-year series production.”
In Q4 2022, Exro supplied 800V Coil Driver inverter samples designed for integration into Linamar’s eAxle program.
“Having worked closely for the last two years, we’ve witnessed the progressive evolution of Exro’s technology, said Kevin Ledford, Global Vice President of Electrification (eLIN) at Linamar. By integrating Exro’s technology into Linamar’s full eAxle system, we aim to offer a cost-effective 4-in-1 eAxle which will reduce the integration complexity to our customers as well as offer superior performance to the medium duty truck market beginning in late 2024.
“In accordance with the agreement, by Q4 2023, the Parties intend to build a demonstration vehicle containing the eAxle product to be utilized as a joint marketing asset for commercial vehicle customers.”
The Parties have committed to investing in their various areas of responsibility in accordance with the agreement, with the intention of beginning series production of the eAxle product to support customer deliveries beginning in late 2024. To this end, Exro will be investing in finalizing its printed circuit board (PCB) manufacturing and beginning the capital expenditures for a final assembly line.
Exro maintains the ability to supply its technology for eAxle products in the Class 1-2 passenger vehicle market, as well as the Class 7-8 heavy duty vehicle market.
Exro maintains non-exclusivity across all its direct drive Coil Driver partnership applications.
The agreement does not place exclusivity restrictions on Linamar, which will continue to work with other vendors and suppliers to meet its customers’ application-specific requirements.

May 23, 2023 News Release: Closing of financing (as mentioned to raise capital which includes building Finishing line in regards to Linamar agreement)
August 10, 2023 Interim MD&A (2Q2023)
August 10, 2023 News Release regarding Annual report (2Q2023)

October 26 2023 News Release: Shareholder Letter

The next milestone is a demonstration vehicle that includes our next generation e-beam axle equipped with highvoltage Coil Driver. Integration is underway at Exro Vehicle Systems in Detroit with the vehicle intended to be comarketed to potential customers in early 2024

November 9, 2023 Interim MD&A (3Q2023)

January 15, 2024 2024 Shareholder letter

Exro’s relationship with key partner Linamar has consistently progressed since inception
Exro recently held in-person management work outs to chart out the strategic plans for the 2024 launch and marketing of the E-Beam Axle program.
We are on track to complete our class 5/6 commercial vehicle demonstration vehicle for the Advanced Clean Transportation (ACT) Expo in May and in position to secure orders for later in 2024.

March 6, 2024 News Release: Corporate update with Letter to Shareholders

Our Linamar e-axle program continues to progress on-schedule with collaborative efforts focused on completing our medium-duty commercial truck demonstration vehicle (complete with Coil Driver technology) for delivery in Q2 2024.

April 1, 2024 Annual Information Form
April 1, 2024 Annual MD&A 2023YE

May 15, 2024 Interim MD&A for 1Q2024

The partners are expected to launch this technology offering at the Advanced Clean Transportation (ACT) Expo in Las Vegas May 20-23, 2024 where the technology (*note, not vehicle) will be on display within the Linamar booth.
The Company continues to progress through its e-Axle program with Linamar on schedule with collaborative efforts focused on completing and marketing a medium-duty commercial truck e-Axle demonstration vehicle. As mentioned above, this technology will be on display in the Linamar booth at the ACT Expo later this month

May 15, 2024 News Release: Quarterly Report
May 29, 2024 Slide Deck provided by Jeff O’Dowd to investor via email on August 13. 2024 just prior to Q2 Earnings call [PowerPoint Download]

June 13, 2024 News Release: Operational update

Exro and Linamar Corporation successfully marketed the e-axle at the ACT Expo in Las Vegas last month
The e-axle, featuring the Coil Driver inverter, generated significant attention, setting the stage for increased OEM engagement.
Progress remains on schedule for the Linamar e-axle program, with the medium-duty commercial truck demonstration hitting the road over the summer.

August 14, 2024 Interim MD&A (2Q2024)
September 4, 2024 Slide Deck in conjunction with financing