SEGWAY NAMED OFFICIAL UTV OF UTV TAKEOVER 2024 TOUR

DEMO SEGWAY POWERSPORTS UTVS AT ALL THREE TAKEOVERS

–Segway Powersports has been named the Official UTV of the UTV
Takeover 2K24 Tour, the largest community-focused UTV event series in the U.S. As part
of this partnership, Segway Powersports will host exclusive Segway Experience demo
events at all three tour stops in Coos Bay, OR, Winchester Bay, OR, and Hurricane, UT.

SEGWAY JOINS UTV TAKEOVER

“We are thrilled to be the Official UTV of the UTV Takeover 2K24 Tour,” said Gabriel Cruz,
Marketing Director of Segway Powersports. “This partnership allows us to connect
directly with the UTV community and showcase our innovative vehicles in an exciting,
hands-on environment at some of the premier riding destinations in the world.”

SEGWAY JOINS UTV TAKEOVER

Earlier this year, it was announced that Segway Powersports experienced a record
breaking Q1, resulting in a 309% YOY wholesale increase and a 343% YOY retail increase.
These results solidify Segway as one of the fastest-growing companies in the powersports
Industry. As well as confirm the company’s strategy to deliver off-road vehicles
enthusiasts want, showcasing a unique style and modern technology.

SEGWAY JOINS UTV TAKEOVER

About Segway
Since 2012, Segway-Ninebot has been dedicated to leading the innovation of short-distance transportation and robotics. As a high-tech enterprise integrating R&D, manufacturing, sales, and service, Segway-Ninebot owns over 1,000 basic core patents in
global industries, which have been applied to products in multiple areas, including innovative mobility, robotics, and the powersports industry. A subsidiary of the Segway-Ninebot Group, Segway Powersports shares the Segway mission to infuse technology into
innovative products that “simplify the movement of people and objects” and adhere to the motto “Fear No Place.”

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