NEOVOLT & RSTER Announce a strategic collaboration in the energy engineering field.

About Neovolt:

Neovolt is a premier lithium-ion battery supplier specialized in supplying high-quality custom-made

batteries ranging from 5kWh to more than 6500kWh capacity, thanks to our modular approach. With a

strong focus on Lithium Iron Phosphate technology, our engineers design and deliver cutting-edge

energy storage solutions for a wide range of applications. www.neovoltsa.com

About RSTER:

RSTER provides cutting-edge solutions in the reliability and safety evaluation of complex multi-domain

engineering systems. Moreover, RSTER has developed strategic and principled methods for managing

the safe and reliable performance of the components. Our approach is to develop a well-rounded

understanding of the reliability and safety concepts through identifying potential failure, assessing the

reasons and effects. This could eliminate or reduce the chance of failure during the lifetime of the

project. Moreover, RSTER will provide support for engineering activities related to design, integration,

and implementation at the system level across various applications. www.rster.org

This collaboration will focus on key aspects such as:

• Electric mobility applications:

▪ On land: EV (light and heavy-duty vehicles), urban e-mobility applications such as e-bikes, e-

motorbikes, and scooters.

▪ Marine: E-vessels and ships, e-water mobility markets.

▪ Aircraft industry: drones, green aerospace.

• Modern electric grid and Renewable energy:

▪ Smart grid, Microgrid, Smart home/ building.

• Distribution generations: stationary batteries, energy storage, solar and wind systems, etc.

• Sustainability and GHG emission reduction

This collaboration will offer to the market:

1. Feasibility Studies: Conducting comprehensive studies to assess the technical and economic

feasibility of projects in Saudi Arabia.

2. Project Management: Coordinating various engineering disciplines and overseeing the entire

engineering process to ensure designs align with project goals.

3. Quality Control at applications level: Ensuring that all procured items meet project specifications and

quality standards.

4. Site Preparation and Construction at applications level: Overseeing construction phases, including

site preparation, infrastructure building, and equipment installation.

5. Project Execution at applications level: Managing day-to-day construction activities, resource

allocation, scheduling, and safety standards adherence.

7. Risk Management: Identifying potential risks and implementing strategies to minimize their impact

on projects.