10 NOTE: No representation is intended that the outcomes shown or discussed are representative of the outcomes experienced by any AV fund or investor. Co-investors listed are for illustration purposes only. These co-investors are some that AV has historically co-invested with and is not a predictor of future co-investors for any given portfolio company. There is no guarantee of who will be the co-in- vestors in any given investment, and the identity of a co-in- vestor is not necessarily predictive of investment outcomes. Important Disclosure Information: The manager of the AV Funds is Alumni Ventures (AV), a venture capital firm. AV and the funds are not affiliated with or endorsed by any college or university. These materials are provided for informational purposes only. Offers of securities are made only to accredited investors pursuant to each fund’s offering documents, which describe among other things the risks and fees associated with the Fund that should be consid- ered before investing. The funds are long-term investments that involve a substantial risk of loss, including the loss of all capital invested. Past performance is not indicative of future results. Opportunities to invest in any security (of a Fund, of AV or in a syndication offering) is not a guarantee that you will be able to invest and are subject to all terms of the specific offering. Diversification cannot ensure a profit or protect against loss in a declining market. It is a strategy used to help mitigate risk. Any investment performance or outcomes discussed with you is provided for illustrative purposes only. Except where expressly noted, no representation is intended that any investment outcome shown or discussed is, or would be, representative of results obtained by any fund or investor associated with AV. F22-X0737-250115.01 10 • Developer of a proprietary recycling process focused on lith- ium-ion batteries for Electric Vehicles that recovers/reuses cathode materials • Plans in 2025 to produce >99% pure, sustainable lithium carbonate from used lithium-ion batteries • Co-Investors: Fifth Wall, TDK Ventures, Temasek, BlackRock Lithium-Ion Battery Recycling ALUMNI VENTURES 2025 APEX 50 av.vc • Focused on designing and manufacturing superconducting quantum integrated circuits and building software to integrate quantum computing into existing cloud infrastructure • Co-Investors: Bessemer, Y Combinator Quantum Computing Systems
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