Allego and Van der Valk VDC to open 120 new fast charging stations for electric vehicles

PARIS & ARNHEIM, Netherlands & NEW YORK – (COMMERCIAL THREAD) – Allego Holding BV (“Allego” or the “Company”), one of the leading pan-European electric vehicle (“EV”) charging networks, which recently announced its proposed business combination with Spartan Acquisition Corp . III (NYSE: SPAQ), today announced that it is expanding its existing partnership with Van der Valk VDC, a leading European hotel group, to offer fast-charging facilities at more than 50 hotels in the Netherlands and in Belgium. The project will include the installation of at least 60 ultra-fast chargers, ranging from 150 kW to 300 kW, as well as the installation of 60 fast chargers of 50 kW, at various Van der Valk sites. Guests planning a longer stay in hotels can also avail of one of the 100 11kW AC chargers also provided by Allego.

This strategic agreement advances Allego’s mission to provide electric vehicle drivers with increased charging option and accessibility across Europe. Together, Allego and Van der Valk are accelerating the availability of charging points along transport corridors and in metropolitan areas. Their long-term partnership also foresees future expansions as the electric vehicle market evolves.

Ultra-fast charging and excellent docking services

Allego’s super-fast 150 kW and 300 kW charging stations allow electric vehicle drivers to quickly achieve sufficient range and charge, allowing for a peaceful visit to a Van der Valk hotel. Van der Valk hotels are all located along provincial roads and highways, offering both a short drive from the road as well as the excellent service and comfort of the brand. The high-quality hospitality offer of Van der Valk hotels can provide drivers with a delicious lunch, a cup of coffee or a toilet break.

Start of expansion at Van der Valk Cuijck

Allego currently has ultra-fast chargers installed at ten Van der Valk sites. The installation of the charging facilities at the Van der Valk Hotel in Cuijck-Nijmegen will begin in the fourth quarter of 2021. Allego aims to have the remaining sites operational within two years.

Mathieu Bonnet, CEO of Allego, said: “I am delighted that Van der Valk has trusted Allego to expand our collaboration to more locations and countries. Given the strength of the Van der Valk brand and the added value of the hotel offerings for electric vehicle drivers, we look forward to strengthening our partnership.

Rick Luijten, Purchasing Manager at Van der Valk VDC, said: “We have come to know Allego as a dynamic company and a leader in its sector. We greatly admire the drive and dedication of the Allego team and look forward to working with Allego as a long-time partner to provide fast and super-fast charging.

About Allégo

Allego offers charging solutions for electric cars, engines, buses and trucks, for consumers, businesses and cities. Allego’s end-to-end charging solutions make it easier for businesses and cities to provide the infrastructure drivers need, while the scalability of our solutions makes us the partner of the future. Founded in 2013, Allego is a leader in charging solutions, with an international charging network of more than 26,000 operational charging points across Europe – and growing rapidly. Our charging solutions are connected to our proprietary platform, EV-Cloud, which offers us and our customers a comprehensive portfolio of features and services to meet and exceed market demands. We are committed to providing independent, reliable and safe charging solutions, regardless of vehicle model or network affiliation. At Allego, we strive every day to make EV charging easier, more convenient and more enjoyable for everyone.

Forward-looking statements.

All statements other than statements of historical fact contained in this press release (“Press Release”) are forward-looking statements. Forward-looking statements can generally be identified by the use of words such as “believe”, “may”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “s’ wait “,” should, “” would “,” plan “,” project “,” foresee “,” predict “,” potential “,” appear “,” seek “,” future “,” prospect “,” target ” or other similar phrases (or negative versions of such words or phrases) which predict or indicate future events or trends or which are not statements of historical fact. These forward-looking statements include, without limitation, statements regarding estimates and forecasts of other financial and performance measures and projections of market opportunities and market share. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Allego’s management and are not predictions of actual performance. These forward-looking statements are provided for informational purposes only and are not intended to serve as, and should not be relied upon, any guarantee, assurance, prediction or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and these differences may be material. Many real events and circumstances are beyond Allego’s control. These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, business, financial, political and legal conditions; (ii) risks related to the deployment of Allego’s commercial strategy and the timing of expected commercial milestones; (iii) the risks associated with the completion of the proposed business combination with Spartan Acquisition Corp. III being delayed or not occurring at all; (iv) risks associated with political and macroeconomic uncertainty; (v) the risk that the installation of ultra-fast charging facilities at certain locations in Van der Valk will be delayed or not occur at all and (vi) the impact of the global COVID-19 pandemic, including its impact on all of the above risks. If any of these risks materialize or if Allego’s assumptions prove to be incorrect, actual results could differ materially from the results suggested by these forward-looking statements. There may be additional risks that Allego is not currently aware of or that Allego currently considers immaterial, which could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements reflect Allego’s expectations, plans or forecasts of future events and views as of the date of this press release. Allego anticipates that subsequent events and developments will cause Allego’s valuations to change. However, although Allego may choose to update these forward-looking statements at some time in the future, Allego expressly disclaims any obligation to do so, except as required by applicable law. These forward-looking statements should not be taken as representing Allego’s assessments as of a date subsequent to the date of this press release. Therefore, one should not place undue reliance on forward-looking statements.

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