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**+49 241 51030 166**   
presse@e-go-mobile.com  

**Next.e.GO Mobile SE**

Lilienthalstraße 1  
52068 Aachen, Germany  


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**When you think of soccer players and cars, sports cars are the first thing that come to mind - after all, many of them have a whole armada of them in their garages. All the more sensational, then, is the commitment of Brazilian soccer star Neymar Jr. to electric mobility - in the form of the e.wave X from e.GO Mobile.**

[...]

**PSG star Neymar Jr. for the e.wave X**

The highlight of the evening was - of course - the appearance of PSG star Neymar Jr. who serves as the car's testimonial and, in this capacity, is generating more brand awareness with his 173 million Insta-followers. "Seeing this particular electric car being built," Neymar Jr. said at its launch in Berlin, "is like looking at a 3D work of art that is created in a few minutes. It's not just a car, it's a statement that combines innovation and everyday practicality into a lifestyle."

Full article (in German): [Esquire](https://www.esquire.de/life/autos-technik/elektromobilit%C3%A4t-fussballer-neymar-jr-elektroauto-e-wave-x)

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"Seeing this particular electric car being built," Neymar Jr. said at its launch in Berlin, "is like looking at a 3D work of art that is created in a few minutes. It's not just a car, it's a statement that combines innovation and everyday practicality into a lifestyle."

Esquire: Innovative, sustainable, suitable for everyday use

Next.e.GO Mobile SE, the independent German electric car manufacturer, has unveiled its new generation line up starting with e.wave X together with brand ambassador, Brazilian football star Neymar Jr. The e.wave X is a 4-seater that fits into almost any parking spot.

It offers ultra wide screen and many smart and connected features to provide a unique user experience.

Around 150 guests and press representatives attended the exclusive launch in Berlin. 

Full article: [Auto Futures](https://www.autofutures.tv/2022/05/06/neymar-jr-unveils-e-go-mobiles-next-generation-line-up-e-wave-x/)

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Next.e.GO Mobile SE has unveiled its new generation line up starting with e.wave X together with brand ambassador, Brazilian football star Neymar Jr. 

Auto Futures: Neymar Jr. Unveils e.wave X

**The electric car from Aachen gets an update. The e.wave X is a significantly revised version of the first model from e.GO Mobile.**

[...]

At second glance, the changes stand out: The front end has a different design, as does the rear. The car has four headlights instead of two. The wheel arches are contrasting in color, which gives the car a more dynamic, sporty impression overall.

Full article (in German): [golem.de](https://www.golem.de/news/e-wave-x-der-e-go-wird-sportlicher-2205-165130.html)

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The electric car from Aachen gets an update. The e.wave X is a significantly revised version of the first model from e.GO Mobile.

golem.de: The e.GO gets sportier

**With new brand ambassador Neymar, the revitalized manufacturer from Aachen launches the refined version of the Life. The exterior has a mini-SUV look, while the interior is significantly more upscale. There is also more range, an 11 kW charger and 80 kW of power.**

As announced, the Aachen-based e-vehicle manufacturer Next e.GO Mobile presented an update of the Life e-small car in Berlin in the presence of the new brand ambassador, footballer Neymar JR. In addition to visual upgrades in crossover style with 18-inch aluminum wheels, the so-called e.wave x features above all a larger battery with a city range of up to 240 kilometers, an up to 80 kW electric motor on the rear axle and now an 11 kW on-board charger. In addition, the interior has been significantly upgraded, with the addition of modern DAB+ infotainment with a 23" glass display, Apple Carplay and Android Auto connectivity, as well as an inductive charging pad and a height- and width-adjustable sports steering wheel.

Full article (in German): [VISION mobility](https://vision-mobility.de/news/e-go-e-wave-x-der-klein-stromer-wird-edel-154546.html)

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With new brand ambassador Neymar, the revitalized manufacturer from Aachen launches the refined version of the Life. 

VISION mobility: The small electric car becomes noble

Next.e.GO Mobile SE, the independent German manufacturer of urban electric vehicles, has announced that it has signed a global partnership with NR Sports, responsible for the career management of Neymar Jr. The Brazilian footballer will be e.GO Mobile’s new global brand ambassador.

Neymar Jr. will unveil the company’s 2022 line-up – named e.wave X – on May 5 at an event in Berlin, Germany. He will also collaborate on a number of initiatives to address electromobility and economic growth in Brazil.

Full article: [Auto Futures](https://www.autofutures.tv/2022/04/25/neymar-jr-becomes-e-go-mobiles-global-brand-ambassador/)

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Next.e.GO Mobile SE has announced that  Neymar Jr. will be e.GO Mobile’s new global brand ambassador.

Auto Futures: Neymar Jr. Becomes e.GO Mobile’s Global Brand Ambassador

- Project expected to further e.GO’s decentralized growth strategy, leveraging the Company’s disruptive production system and game-changing approach to manufacturing  
- Once in production, e.GO’s facility in the Republic of North Macedonia will be the company’s  3rd MicroFactory worldwide, in addition to the in-production Aachen, Germany MicroFactory and the in progress MicroFactory in Bulgaria
- Anticipated production capacity of up to 30,000 vehicles per year, with the start of production expected to be in the last quarter of 2024
- South East Europe offers a competitive ecosystem as well as an attractive investment climate, and is one of the target regions for e.GO’s production growth.

<br>

**Aachen, Germany August 15, 2022** — Next.e.GO Mobile SE (“e.GO” or the “Company”), an innovative producer of urban electric vehicles leveraging its disruptive MicroFactory production system, announced today that it has entered into an agreement with the Republic of North Macedonia to build a MicroFactory in the country’s Technological Industrial Development Zones (“TIDZ”), near the city of Tetovo. Once in production, the North Macedonian MicroFactory will be the Company’s 3rd MicroFactory worldwide, with the 1st being the in-production Aachen, Germany MicroFactory and the 2nd being the in progress MicroFactory in Bulgaria.

During a public ceremony at the project site attended by several North Macedonian state officials, including Prime Minister Dimitar Kovacevski, Minister of Finance Fatmir Besimi, Minister of Economy Kreshnik Bekteshi and the Director of TIDZ, Jovan Despotovski, the parties signed a definitive agreement, based on which e.GO plans to build a MicroFactory production facility for its battery electric vehicles with expected capacity of up to 30,000 vehicles per year. Start of production of the new facility is currently projected to be in the last quarter of 2024. The project is intended to create up to 900 new jobs in the country. 

“This investment is of great importance for the state, but also for the local economy and the development of human potential in Tetovo and in the country. With this significant investment, North Macedonia once again confirms that it is a country that offers excellent conditions for investors, with a stable economic and political climate in which international companies like e.GO have a trusted partner,” said Demitar Kovacevski, the Prime Minister of the Republic of North Macedonia.

“This agreement is another key milestone in e.GO’s global growth and underscores the intrinsic value of our disruptive technology and innovation. We are truly excited to expand our production footprint to the Republic of North Macedonia, following our progress in Bulgaria. Our strategic focus in South East Europe is based on our conviction as to the region’s competitive eco-system, attractive investment climate and access to driven and talented human capital,” said Ali Vezvaei, Chairman of the board of e.GO. 

“Large investments have a snowball effect. Brands attract new investments, both foreign and domestic. They create new value, strengthen exports by changing their structure towards products with greater added value, create new jobs and influence the acceleration of economic activity and economic development. Our determination as the Government is to support and promote foreign investors who will be able to ensure this effect and who will above all bring benefits to our citizens, domestic companies and the economy,” said Fatmir Besimi, the Minister of Finance of the Republic of North Macedonia.

“The new concept of Technology & Industrial Development Zones delivers concrete results. After only 18 months, we have the second investment of over 100 million euros. We have shown that North Macedonia is no longer just a country of competitive labor but is on the map of countries that have the capacity and requirements for large investments. Since the beginning of the year, we have 1,100 new jobs in the TIDZ companies, and the company, e.GO, is expected to create nearly 900 well-paying jobs. At the beginning of my mandate, we promised European jobs and opportunities for young people. With such projects, we will provide our children with a prosperous future, here at home,” said Jovan Kovacevski, the Director of Technological Industrial Development Zones of the Republic of North Macedonia.

e.GO is focused on accelerating the transition to zero-emission urban mobility and helping cities and their people change the way they move around for the better. Committed to innovation with practicality and purpose, e.GO has developed a unique battery electric vehicle platform as well as a revolutionary production system, which e.GO refers to as a MicroFactory, that, combined with its “Industry 4.0” digital architecture, is intended to enable the Company to develop and produce vehicles in shorter periods of time and with considerably lower investment as compared to traditional vehicle OEM processes. e.GO aims to accomplish this while offering economic value add by engaging local communities, developing local talent and increasing local sourcing of materials.

**About e.GO**

Headquartered in Aachen, Germany, e.GO designs and manufactures battery electric vehicles for the urban environment, with a focus on convenience, reliability and affordability. e.GO has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories, and has vehicles already on the road today. e.GO is helping cities and their inhabitants improve the way they get around and is making clean and convenient urban mobility a reality. Visit https://www.e-go-mobile.com/ to learn more.

As announced on July 28, 2022, e.GO has entered into a definitive agreement for a business combination with Athena Consumer Acquisition Corp. (NYSE: ACAQ, ACAQ.U, ACAQ WS), a publicly-traded special purpose acquisition company (“SPAC”) that would result in e.GO becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, and is expected to occur in early 2023.

**Important Information about the Business Combination and Where to Find It**

In connection with the proposed business combination (the “Business Combination”) between Athena Consumer Acquisition Corp. (“Athena”) and Next.e.GO Mobile SE (“e.GO”), Next.e.GO B.V., a wholly-owned subsidiary of e.GO (“TopCo”) intends to file with the U.S. Securities and Exchange Commission’s (“SEC”) a registration statement on Form F-4 (the “Registration Statement”), which will include a preliminary prospectus and preliminary proxy statement. This communication is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that Athena will send to its stockholders in connection with the Business Combination. Investors and security holders of Athena are advised to read, when available, the proxy statement/prospectus in connection with Athena’s solicitation of proxies for its special meeting of stockholders to be held to approve the Business Combination (and related matters) because the proxy statement/prospectus will contain important information about the Business Combination and the parties to the Business Combination. Athena will mail the definitive proxy statement/final prospectus and other relevant documents to its stockholders as of a record date to be established for voting on the Business Combination. Stockholders will also be able to obtain copies of the proxy statement/prospectus, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 442 5th Avenue, New York, NY, 10018.
Participants in the Solicitation
Athena, e.GO, TopCo and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Athena’s stockholders in connection with the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Athena’s directors and officers in Athena’s filings with the SEC, and such information and names of e.GO’s directors and executive officers will also be in the Registration Statement to be filed with the SEC by TopCo, which will include the proxy statement of Athena for the Business Combination.

**Forward Looking Statements**

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Athena, e.GO, and TopCo’s expectations with respect to future performance and anticipated financial impacts of the Business Combination, the satisfaction of the closing conditions to the Business Combination, the level of redemptions by Athena’s public stockholders, the timing of the completion of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified herein, and on the current expectations of Athena, e.GO, and TopCo’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Athena, e.GO, and TopCo.
These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed Business Combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination or that the approval of the stockholders of Athena or e.GO is not obtained; (iii) failure to realize the anticipated benefits of the proposed Business Combination; (iv) risks relating to the uncertainty of the projected financial information with respect to e.GO; (v) the outcome of any legal proceedings that may be instituted against Athena and/or e.GO following the announcement of the Business Combination; (vi) future global, regional or local economic and market conditions; (vii) the development, effects and enforcement of laws and regulations; (viii) e.GO’s ability to grow and achieve its business objectives; (ix) the effects of competition on e.GO’s future business; (x) the amount of redemption requests made by Athena’s public stockholders; (xi) the ability of Athena or the combined company to issue equity or equity-linked securities in the future; (xii) the ability of e.GO and Athena to raise interim financing in connection with the Business Combination, including to secure an e.GO IP-backed note; (xiii) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (xiv) the risk that the proposed Business Combination disrupts current plans and operations as a result of the announcement and consummation, (xv) costs related to the Business Combination, (xvi) the impact of the global COVID-19 pandemic and (xvi) those factors discussed below under the heading “Risk Factors” and in the documents filed, or to be filed, by Athena and Topco with the SEC. Additional risks related to e.GO’s business include, but are not limited to: the market’s willingness to adopt electric vehicles; volatility in demand for vehicles; e.GO’s dependence on the proceeds from the contemplated Business Combination and other external financing to continue its operations; significant challenges as a relatively new entrant in the automotive industry; e.GO’s ability to control capital expenditures and costs; cost increases or disruptions in supply of raw materials, semiconductor chips or other components; breaches in data security; e.GO’s ability to establish, maintain and strengthen its brand; e.GO’s minimal experience in servicing and repairing vehicles; product recalls; failure of joint-venture partners to meet their contractual commitments; unfavorable changes to the regulatory environment; risks and uncertainties arising from the acquisition of e.GO’s predecessor business and assets following the opening of insolvency proceedings over the predecessor’s assets in July 2020; and e.GO’s ability to protect its intellectual property. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.
There may be additional risks that neither e.GO nor Athena presently know or that e.GO and Athena currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect e.GO’s and Athena’s expectations, plans or forecasts of future events and views as of the date of this communication. e.GO and Athena anticipate that subsequent events and developments will cause e.GO’s and Athena’s assessments to change. However, while e.GO and Athena may elect to update these forward-looking statements at some point in the future, e.GO and Athena specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing e.GO’s and Athena’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

**No Offer or Solicitation**

This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an applicable exemption from the registration requirements thereof.


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e.GO has entered into an agreement with the Republic of North Macedonia to build a Micro-Factory in the country’s Technological Industrial Development Zones (“TIDZ”), near the city of Tetovo.

e.GO, an Innovative Producer of Urban Electric Vehicles, Announces Agreement to Build New MicroFactory in the Republic of North Macedonia

**Next.e.GO Announces Business Combination with Athena Consumer Acquisition Corp. Combined Company Expected to be Listed on New York Stock Exchange**
- Next.e.GO Mobile SE (“e.GO” or the “Company”), the in-production German electric vehicle producer, utilizes disruptive approaches to vehicle design, manufacturing and services to produce urban vehicles with a focus on affordability, convenience, practicality and smart services 
- e.GO’s unique low capex production system (MicroFactory), combined with its Industry 4.0 digital architecture, enable the company to develop and produce vehicles in shorter periods and with considerably lower investment as compared to traditional processes 
- The Company’s proprietary MicroFactory can be deployed anywhere in the world to take production closer to demand, while offering economic value add to local communities 
- e.GO has produced and put over 1,000 vehicles on the road from its first MicroFactory in Germany 
- e.GO plans to expand its global capacity with its second MicroFactory, construction of which is expected to start before the end of 2022 
- Transaction expected to provide gross proceeds of up to approximately $285 million to e.GO, comprised of up to approximately $235 million from Athena Consumer Acquisition Corp.’s trust account (assuming no redemptions) and up to $50 million in intended debt financing 
- Up to $150 million expected to be made available under a standby equity purchase agreement (“SEPA”) pursuant to a letter of intent with Yorkville Advisors Global, LP 
- Proceeds to provide growth capital to e.GO for production ramp up, including expansion of MicroFactory build outs 
- Pro forma implied enterprise value of the combined company of $913 million 
- All existing e.GO investors to roll their equity into combined publicly traded company 
- Combined company expected to be listed on the New York Stock Exchange under the ticker “EGOX” 

<br>

**NEW YORK & AACHEN, GERMANY July 28, 2022** – Next.e.GO Mobile SE (“e.GO” or the “Company”), an innovative producer of urban electric vehicles based on disruptive production systems, and Athena Consumer Acquisition Corp. (“Athena”) (NYSE: ACAQ.U, ACAQ, ACAQ WS) today announced a definitive agreement for a business combination (the “Transaction” or the “Business Combination”) that would result in e.GO becoming a publicly listed company on the New York Stock Exchange (the “NYSE”). 
e.GO, headquartered in Aachen, Germany, develops, designs, manufactures and markets electric vehicles for the urban environment, focusing on convenience, practicality, ease of service and cost. This is accomplished through proven and disruptive innovations in vehicle design, material selection, a smart and flexible battery solution as well as a decentralized approach to production combining low capex and a relatively smaller environmental footprint compared to other manufacturers.  
The Company achieves considerably lower overall investment costs compared to traditional vehicle development and manufacturing methods, by leveraging its in-house manufacturing processes as well as its proprietary MicroFactory along with its tech-first IT architecture (Internet of Production), which simplify the production process and require less capital spend per unit of output compared to traditional methods.  
In 2018, e.GO constructed its first MicroFactory in Aachen, Germany, and developed its battery electric vehicle platform. The Company subsequently began vehicle production in the second half of 2021.  
To date, e.GO has put over 1,000 of its vehicles on the road and is currently working to expand its geographic reach and production footprint. The Company’s second MicroFactory in Southeast Europe is expected to start construction before the end of this year. Each MicroFactory is capable of producing approximately 30,000 cars per year in a three-shift setting.  
The Company’s brand ambassador, the Brazilian football sensation Neymar Jr, unveiled the 2022 model, the e.wave.x, in May 2022. 
“The partnership we announced with Athena today is a remarkable milestone in e.GO’s journey,” said Ali Vezvaei Chairman of the Board of e.GO. “This Transaction will allow us to accelerate our growth, expand our global reach, and continue our track record of disruptive innovation. e.GO has already made a mark in Europe, where we have established our first MicroFactory in Germany, at the heart of the automotive industry. We are well positioned to capitalize on growing worldwide mandates to decarbonize urban mobility, particularly in crowded and congested cities, while leveraging our unique decentralized production technology and providing economic value add to our host countries and communities. By producing vehicles with focus on convenience, practicality and smart services, e.GO is making the electric transformation of urban mobility easier and less costly. Our vehicles provide a fun, unique and technology-enabled experience to customers, while at the same time changing the face of urban mobility for the better.”  
“The Athena platform of SPACs is focused on bringing tomorrow’s industry leaders to the public markets today, and we believe e.GO has all the elements to deliver on that promise,” said Isabelle Freidheim, Chairman of the Board of Athena. “e.GO has leveraged the lessons learned in the EV car manufacturing space; we believe this allows e.GO to offer customers and investors alike an industry standard setting value proposition. e.GO is carving out a successful place in the EV industry for its customers, while at the same time undertaking a compelling reinvention of the manufacturing process. With EV industry leadership determined over the next decade, e.GO is extraordinarily well positioned to be at the forefront of this industry transformation.”  
**Transaction Overview**  
The Transaction is anticipated to generate gross proceeds of up to approximately $285 million of cash, before the impact of potential redemptions by Athena’s public stockholders, which will be used to fund operations and growth. The pro forma implied enterprise value of the combined company is $913 million. The implied pre-money market capitalization of e.GO is approximately $800 million, including a share performance-based earn-out for e.GO shareholders of 30 million shares.  
After the Transaction, e.GO’s leadership will continue to execute on e.GO’s strategy and growth. The Board of Directors of the combined company will include representation from e.GO and Athena and will be chaired by Ali Vezvaei.  
The Transaction has been unanimously approved by the boards of directors of Athena and e.GO. Completion of the proposed Transaction is subject to customary closing conditions.  
Additional information about the proposed Transaction, including a copy of the business combination agreement and the investor presentation, will be provided in a Current Report on Form 8-K to be filed by Athena with the U.S. Securities and Exchange Commission (the “SEC”) and available at www.sec.gov.  
**Advisors**  
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC (“CCM”), served as financial and capital markets advisors to Athena. Morgan, Lewis & Bockius LLP served as legal counsel to CCM. Sullivan & Cromwell LLP served as legal counsel to e.GO. White & Case LLP served as legal counsel to Athena.  
**Investor Conference Call Information**  
e.GO and Athena will host a joint investor conference call to discuss the proposed Transaction today, July 28, 2022 at 8:30AM ET. 
To listen to the prepared remarks via telephone from the U.S., dial 1-877-704-4453 and an operator will assist you. International investors may listen to the call by dialing 1-201-389-0920. A telephone replay will be available by dialing 1-844-512-2921 if in the U.S, and by dialing 1-412-317-6671 from outside the U.S. The PIN for access to the replay is 13732025. The replay will be available through August 11, 2022.  
**About e.GO**  
e.GO, headquartered in Aachen, Germany, designs and manufactures battery electric vehicles for the urban environment, with a focus on convenience, reliability and affordability. e.GO has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories, and has vehicles already on the road today. e.GO is helping cities and their inhabitants improve the way they get around and is making clean and convenient urban mobility a reality. 
Visit https://www.e-go-mobile.com/ to learn more.  
**About Athena Consumer Acquisition Corp.**  
Athena Consumer Acquisition Corp. is the second SPAC founded by Isabelle Freidheim, with Jane Park serving as CEO, Jennifer Carr-Smith as President and Angy Smith as CFO. All three Athena SPACs are comprised entirely of women founders, CEOs, board members and other executives.   
**Important Information about the Business Combination and Where to Find It**  
In connection with the Business Combination, Next.e.GO N.V. (“TopCo”) intends to file with the SEC a registration statement on Form F-4 (the “Registration Statement”), which will include a preliminary prospectus and preliminary proxy statement. Athena will mail a definitive proxy statement/final prospectus and other relevant documents to its stockholders. This communication is not a substitute for the Registration Statement, the definitive proxy statement/final prospectus or any other document that Athena will send to its stockholders in connection with the Business Combination. Investors and security holders of Athena are advised to read, when available, the proxy statement/prospectus in connection with Athena’s solicitation of proxies for its special meeting of stockholders to be held to approve the Business Combination (and related matters) because the proxy statement/prospectus will contain important information about the Business Combination and the parties to the Business Combination. The definitive proxy statement/final prospectus will be mailed to stockholders of Athena as of a record date to be established for voting on the Business Combination. Stockholders will also be able to obtain copies of the proxy statement/prospectus, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: 442 5th Avenue, New York, NY, 10018.  
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”), or an applicable exemption from the registration requirements thereof.  
**Participants in the Solicitation**   
Athena, e.GO, TopCo and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Athena’s stockholders in connection with the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Athena’s directors and officers in Athena’s filings with the SEC, and such information and names of e.GO’s directors and executive officers will also be in the Registration Statement to be filed with the SEC by TopCo, which will include the proxy statement of Athena for the Business Combination.  
**Forward Looking Statements**  
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Athena, e.GO, and TopCo’s expectations with respect to future performance and anticipated financial impacts of the Business Combination, the satisfaction of the closing conditions to the Business Combination, the level of redemptions by Athena’s public stockholders, the timing of the completion of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified herein, and on the current expectations of Athena, e.GO, and TopCo’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Athena, e.GO, and TopCo.  
These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed Business Combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination or that the approval of the stockholders of Athena or e.GO is not obtained; (iii) failure to realize the anticipated benefits of the proposed Business Combination; (iv) risks relating to the uncertainty of the projected financial information with respect to e.GO; (v) the outcome of any legal proceedings that may be instituted against Athena and/or e.GO following the announcement of the Business Combination agreement and the transactions contemplated therein; (vi) future global, regional or local economic and market conditions; (vii) the development, effects and enforcement of laws and regulations; (viii) e.GO’s ability to grow and achieve its business objectives; (ix) the effects of competition on e.GO’s future business; (x) the amount of redemption requests made by Athena’s public stockholders; (xi) the ability of Athena or the combined company to issue equity or equity-linked securities in the future; (xii) the ability of e.GO and Athena to raise interim financing in connection with the Business Combination; (xiii) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (xiv) the risk that the proposed Business Combination disrupts current plans and operations as a result of the announcement and consummation, (xv) costs related to the Business Combination, (xvi) the impact of the global COVID-19 pandemic and (xvii) those factors discussed in the “Risk Factors” section of Athena’s Annual Report on Form 10-K for the year ended December 31, 2021, the Registration Statement (when available) and other documents if and when filed by Athena or e.GO from time to time with the SEC. Additional risks related to e.GO’s business include, but are not limited to: the market’s willingness to adopt electric vehicles; volatility in demand for vehicles; e.GO’s dependence on the proposed Business Combination and other external financing to continue its operations; significant challenges as a new entrant in the automotive industry; e.GO’s ability to control capital expenditures and costs; cost increases or disruptions in supply of raw materials, semiconductor chips or other components; breaches in data security; e.GO’s ability to establish, maintain and strengthen its brand; minimal experience in servicing and repairing vehicles; product recalls; failure by joint-venture to meet their contractual commitments; unfavorable changes to the regulatory environment; risks and uncertainties arising from the acquisition of e.GO’s predecessor business and assets following the opening of insolvency proceedings over the predecessor’s assets in July 2020; protection of e-GO’s intellectual property. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither e.GO nor Athena presently know or that e.GO and Athena currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect e.GO’s and Athena’s expectations, plans or forecasts of future events and views as of the date of this press release. e.GO and Athena anticipate that subsequent events and developments will cause e.GO’s and Athena’s assessments to change. However, while e.GO and Athena may elect to update these forward-looking statements at some point in the future, e.GO and Athena specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing e.GO’s and Athena’s assessments as of any date subsequent to the date of this press release Accordingly, undue reliance should not be placed upon the forward-looking statements. 

#### **e.GO Contacts**  
**For Investors:**  
Caldwell Bailey  
ICR, Inc.  
eGOIR@icrinc.com  
**For Media:**  
James McCusker  
ICR, Inc.  
eGOPR@icrinc.com  
#### **Athena Consumer Acquisition Corp. Contacts**  
**For Media & Investors:**  
Claire Kerr  
Bevel PR  
athena@bevelpr.com





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Next.e.GO Mobile SE and Athena Consumer Acquisition Corp. today announced a definitive agreement for a business combination that would result in e.GO becoming a publicly listed company on the New York Stock Exchange. 

Next.e.GO Announces Business Combination with Athena Consumer Acquisition Corp. Combined Company Expected to be Listed on New York Stock Exchange

**Aachen/Goodwood, 24th June, 2022** – The independent German electric car manufacturer Next.e.GO Mobile SE is presenting its Sport Life at the Goodwood Festival of Speed (June 22-26, UK), one of the greatest celebrations of the world’s energizing sports. e.GO is located at the Festival’s Electric Avenue, at the confluence of the future of mobility and electrification.

„We are delighted to be here at the Goodwood Electric Avenue together with other established automotive brands, shaping and accelerating the future of electro mobility. This perfectly resonates with our vision at e.GO to offer our customers fun without regret”, says Ali Vezvaei, Chairman of the Board of Next.e.GO Mobile SE.

The e.GO Sports Life takes the driving performance to another level.  In tight bends it feels like driving a much larger performance vehicle with increasing G-force: fast, sportive and comfortable at the same time. With larger wheels, a wider track and a lower centre of gravity the Life Sport takes great advantage of its rear-wheel drive and high torque powertrain. The design lines have been further intensified to underline its dynamic and powerful appearance by improving the aerodynamics at the same time. 

The Electric Avenue of the Goodwood Festival of Speed offers visitors the opportunity to experience the sports version of e.GO and to reserve directly the newly launched e.wave X.


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e.GO celebrates the future of electric mobility at the Electric Avenue in Goodwood Festival of Speed and presents its Sport Life. The cooperation resonates with e.GO’s motto: “electric cars: fun without regret”.

Next.e.GO Mobile brings its sports model to the Goodwood Festival of Speed 

**Aachen, 25 May 2022** – Around 600 suppliers and partners, employees and media representatives had the opportunity to celebrate together with Next.e.GO Mobile SE the launch of the new vehicle – the e.wave X - at the Aachen Micro Factory.

The strong interest in the new model, with 2,000 reservations in the days since the official unveiling by Neymar Jr., has been a great response to the e.GO Mobiles team’s efforts to bring this new line-up to the market, especially at the time where the energy transition makes urban electro mobility all the more economically desirable. The vehicles will be produced in the Aachen Micro Factory, Germany, which has been designed with energy and environmental footprint at its core. 

“We are delighted with the progress we have made and the strong uptick in demand - thanks to our valued customers. We will work tirelessly to deliver to their trust and more importantly to our joint commitment of sustainable urban mobility” said Ali Vezvaei Chairman of Next.e.GO Mobile SE. 

The modern, practical and innovative four-seater was developed with sustainability and everyday usability in mind. The driving pleasure, ease of charging and smart controls of the e.wave X offer a seamless user experience. The e.wave X is available from 24,990 euros* before subsidies and can be reserved through our website or by downloading e.GO Connect™ App. 

A nationwide roadshow has been planned over the coming months, where the vehicle will be presented at around 50 events throughout Germany until the end of November, including more than 10 SportScheck RUNs, and the Green World Tour.

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After the unveiling of the new vehicle by brand ambassador Neymar Jr. in Berlin, e.GO celebrates the launch of the e.wave X with many suppliers, partners and employees in Aachen, Germany.

Home match: e.GO Mobile celebrates the launch of the e.wave X at the Micro Factory in Aachen, Germany.

**Aachen, 17 May 2022** - Following the successful unveiling of e.wave X in Berlin, presented by e.GO Mobile brand ambassador, Neymar Jr., the next generation line-up model e.wave X will now be available in the new Brand Store at Berlin's fashion street Kurfürstendamm from today onwards. 
 
The innovative independent German electric car manufacturer, Next.e.GO Mobile SE, is now setting a new benchmark in the customer experience with brand stores that are more than just a point of sales. "For us the brand store is much more than a place to display our cars or get a test drive; it is a place to connect with our customers and form a community to get involved and make a collective difference" explains Ali Vezvaei, Chairman of the Board of Next.e.GO Mobile SE. 

The e.wave X offers far more than just a means of transport. It is a modern, practical and innovative urban 4-seater that fits into almost any parking slot, hassle-free maintain and is developed with sustainability and purpose in mind. The 3D design, driving behaviour, charging system and lots of user interfaces of the e.wave X offer a unique user experience. The e.wave X is expected to achieve an urban range of 240 km* with a peak power of 80 KW and a price starting at 24.990 Euro*, excluding subsidies. The charging capacity is broad from the regular house plug all the way up to 11 kWh. The vehicle is equipped with a 23” ultrawide cockpit and instrument cluster as well as many innovative and connected features to provide a seamless user experience.

e.GO Mobile is building its cars in a very unique way, using material very similar to that of the aviation industry. A 3D Aluminium spaceframe design planked with an innovative polymer outer shell where the colour runs through the entire material, so that scratches and impacts are barely visible. Furthermore, the exterior is easier to maintain and repair but also unlocks the possibility of changing the exterior (re-skinning) to offer various color choices for the same vehicle over its life cycle.
 
In the new Brand Store on Berlin's Kurfürstendamm (216), visitors can experience the e.GO way of building cars, the new model e.wave X and are also able to reserve directly on site. The Brand Store is open from Monday to Saturday from 10 a.m. to 8 p.m. 


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e.GO Mobile opens a new brand store in the heart of the German capital at Kurfürstendamm 216 in Berlin. The store provides a unique experience not only with the vehicle but also its innovative parts, as well as sales and customer support

e.GO Mobile Opens New Brand and Experience Store in Berlin

Newsroom

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Newsroom

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Esquire: Innovative, sustainable, suitable for everyday use

Auto Futures: Neymar Jr. Unveils e.wave X

golem.de: The e.GO gets sportier

VISION mobility: The small electric car becomes noble

Auto Futures: Neymar Jr. Becomes e.GO Mobile’s Global Brand Ambassador

Press Releases

e.GO's

e.GO's

Press Releases

e.GO, an Innovative Producer of Urban Electric Vehicles, Announces Agreement to Build New MicroFactory in the Republic of North Macedonia

Next.e.GO Announces Business Combination with Athena Consumer Acquisition Corp. Combined Company Expected to be Listed on New York Stock Exchange

Next.e.GO Mobile brings its sports model to the Goodwood Festival of Speed

Home match: e.GO Mobile celebrates the launch of the e.wave X at the Micro Factory in Aachen, Germany.

e.GO Mobile Opens New Brand and Experience Store in Berlin

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