Exhibit 99.3Exhibit 99.3

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+ + § § § § § § + § § + + ++ + § § § § § § + § § + + +

+ + + + + + + + ++ + + + + + + + +

+ + + + + + + + + + + + + + + + + ++ + + + + + + + + + + + + + + + + +

+ Wardley Electronics

Ç ÇÇ Ç Ç Ç Ç Ç Ç Ç Ç ÇÇ ÇÇ Ç Ç Ç Ç Ç Ç Ç Ç Ç

P P P P P

mm vehicles (cumulative) 300 RoW (excl. China and India) 268 Europe 250 232 US 73 198 200 62 167 53 139 150 44 124 114 36 111 93 100 29 98 23 85 58 73 62 50 13 34 52 71 19 59 35 9 48 4 38 22 30 23 18 10 - 2019 2021 2023 2025 2027 2029 2030 2031 2032 2033 2034 2035mm vehicles (cumulative) 300 RoW (excl. China and India) 268 Europe 250 232 US 73 198 200 62 167 53 139 150 44 124 114 36 111 93 100 29 98 23 85 58 73 62 50 13 34 52 71 19 59 35 9 48 4 38 22 30 23 18 10 - 2019 2021 2023 2025 2027 2029 2030 2031 2032 2033 2034 2035

+ + 2025 2030 2035 2040 2050 Netherlands Iceland Denmark Canada Germany (Baden-Württemberg only) Norway Ireland US France (California only) Netherlands Spain US (Connecticut, Maryland, Massachusetts, New Jersey, UK New York, Oregon, Vermont and Washington only) Sweden Israel “ ”

+ + “ ” “ ” “ Top 10 Companies, 21% Companies 101-500, 37% ” Companies 11-50, 25% “ Companies 51-100, 17% ” Source: Company filings and websites; Fleet Owner 500 (16-Apr 2021)+ + “ ” “ ” “ Top 10 Companies, 21% Companies 101-500, 37% ” Companies 11-50, 25% “ Companies 51-100, 17% ” Source: Company filings and websites; Fleet Owner 500 (16-Apr 2021)

“ Executive Order on Tackling the Climate Crisis at Home and Abroad “ ” ” + Æ ‘00 T0 h ve ous ha icl nd es vehicles Hybrids, 4% EVs, 1% 67 70 0.2 3 59 60Æ 55 0.3 5 51 51 0.2 5 0.2 0.2 50 27 3 3 E85 & Gas, 24 15 40 Gasoline & 17 30% 25 Diesel,Æ 30 65% 20 36 34 30 30 23 10 Æ - 2015 2016 2017 2018 2019 Gasoline & Diesel E85 & Gas Hybrids EVs“ Executive Order on Tackling the Climate Crisis at Home and Abroad “ ” ” + Æ ‘00 T0 h ve ous ha icl nd es vehicles Hybrids, 4% EVs, 1% 67 70 0.2 3 59 60Æ 55 0.3 5 51 51 0.2 5 0.2 0.2 50 27 3 3 E85 & Gas, 24 15 40 Gasoline & 17 30% 25 Diesel,Æ 30 65% 20 36 34 30 30 23 10 Æ - 2015 2016 2017 2018 2019 Gasoline & Diesel E85 & Gas Hybrids EVs

++

+ + + + + o + o + + + + + + + +

+ + + + “ + + + ”+ + + + “ + + + ”

“ ”“ ”

+ + ++ + +

++

+ Gross Profit 5 Upfront Hardware & Installation Ç 5 Recurring Software & Services Ç 4 0.5 0.5 45% 4 Ç 0.5 0.5 0.5 3 Ç 0.5 0.5 0.5 0.5 3 2 Ç 2 Ç 2.5 2.5 2.5 2.5 55% 1 Ç 1 Ç - Year 1 Year 2 Year 3 Year 4 Year 5 Total

'000s $mm $mm 200 800 800 Hardware & Installation Europe $750 $750 183 Software & Services US Rest of World 175 700 700 144 150 600 600 $550 $550 125 500 500 108 100 400 400 $365 $365 75 300 300 60 $215 $215 50 200 200 39 28 $101 $101 25 100 100 $33 $33 - - - 2021E 2022E 2023E 2024E 2025E 2026E 2021E 2022E 2023E 2024E 2025E 2026E 2021E 2022E 2023E 2024E 2025E 2026E'000s $mm $mm 200 800 800 Hardware & Installation Europe $750 $750 183 Software & Services US Rest of World 175 700 700 144 150 600 600 $550 $550 125 500 500 108 100 400 400 $365 $365 75 300 300 60 $215 $215 50 200 200 39 28 $101 $101 25 100 100 $33 $33 - - - 2021E 2022E 2023E 2024E 2025E 2026E 2021E 2022E 2023E 2024E 2025E 2026E 2021E 2022E 2023E 2024E 2025E 2026E

+ + + ++ + + +

+ + (3) (4) (5) (2) (6) (5) (7) (7)+ + (3) (4) (5) (2) (6) (5) (7) (7)

+ üüü ü üüü ü ü + + + + + + + ++ üüü ü üüü ü ü + + + + + + + +

(1) (2) 181% 111% 110% 112% 106% 100% 70% 67% 68% 67% 56% 38% 23% 18% 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 53% 47% 47% 45% 41% 40% 40% 36% 33% 33% 32% 31% 25% 22% 31% 23% 21% 19% 18% 20% 19% 9% 5% 3% 3% 1% (7)% (10)%(1) (2) 181% 111% 110% 112% 106% 100% 70% 67% 68% 67% 56% 38% 23% 18% 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 2023E 2024E 53% 47% 47% 45% 41% 40% 40% 36% 33% 33% 32% 31% 25% 22% 31% 23% 21% 19% 18% 20% 19% 9% 5% 3% 3% 1% (7)% (10)%

+ $mm (4) (EBITDA - Capex) 100 2020 2021E 2022E 2023E 2024E 2020 2021E 2022E 2023E 2024E 50 (1) 2 22 (1) 34 23 45 7 1 - (4) (8) (19) (3) (9) (58) (50) (81) (122) (2) (100) (117) (142) (150) (2) (168) (106) (151) (3) Note: enclosed numbers refer to EBITDA forecasts ($mm) (200) 2020E 2021E 2022E 2023E 2024E

+ + + + + 5.0x - 8.0x Discounted Enterprise Value (1) (1) 3 Periods @ 20% p.a. 2024E Revenue 1.8x 2024E Revenue+ + + + + 5.0x - 8.0x Discounted Enterprise Value (1) (1) 3 Periods @ 20% p.a. 2024E Revenue 1.8x 2024E Revenue

43.2x 39.8x 43.2x 39.8x

Illustrative Share Price Share count in millions $10.00 $11.50 $12.50 $13.50 $14.50 $15.50 $16.50 $17.50 $18.00 FRSG Public IPO Shares 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2 (1) (2) FRSG Public Warrants - - 0.4 0.8 1.2 1.4 1.7 1.9 2.0 FRSG Sponsor Shares 4.4 4.4 5.6 5.6 5.6 5.6 5.6 5.6 5.6 (1) (3) FRSG Sponsor Warrants - - 0.4 0.8 1.1 1.3 1.6 1.8 1.9 EO Equity (Existing Shareholders) 49.8 49.8 49.8 49.8 49.8 49.8 49.8 49.8 49.8 (1) (4) EO Equity (EO Fleet Customer) 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 (1) (5) EO Fleet Customer Warrants 8.2 8.4 8.4 8.5 8.6 8.6 8.6 8.7 8.7 Total 86.8 87.0 89.0 89.8 90.5 91.1 91.6 92.0 92.3Illustrative Share Price Share count in millions $10.00 $11.50 $12.50 $13.50 $14.50 $15.50 $16.50 $17.50 $18.00 FRSG Public IPO Shares 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2 (1) (2) FRSG Public Warrants - - 0.4 0.8 1.2 1.4 1.7 1.9 2.0 FRSG Sponsor Shares 4.4 4.4 5.6 5.6 5.6 5.6 5.6 5.6 5.6 (1) (3) FRSG Sponsor Warrants - - 0.4 0.8 1.1 1.3 1.6 1.8 1.9 EO Equity (Existing Shareholders) 49.8 49.8 49.8 49.8 49.8 49.8 49.8 49.8 49.8 (1) (4) EO Equity (EO Fleet Customer) 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 (1) (5) EO Fleet Customer Warrants 8.2 8.4 8.4 8.5 8.6 8.6 8.6 8.7 8.7 Total 86.8 87.0 89.0 89.8 90.5 91.1 91.6 92.0 92.3