Ehang Holdings Limited Q2 2020 Earnings Highlights

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EHang

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2020

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#1Guangzhou, China CHANGIZA EH Nasdaq Listed EHANG HOLDINGS LIMITED Q2 2020 EARNINGS HIGHLIGHTS August 25, 2020#2Disclaimer These materials have been prepared by EHang Holdings Limited (the "Company") solely for informational purposes, and have not been independently verified. No representations or warranties, express or implied, are made as to, and no reliance should be placed on, the accuracy, fairness, completeness or correctness of the information or opinions presented or contained in these materials. None of the Company, its subsidiaries, affiliates, controlling persons, directors, supervisors, officers, partners, employees, advisors, and representatives of any of the foregoing shall have any responsibility or liability whatsoever, as a result of negligence or otherwise, for any loss howsoever arising from any information or opinions presented or contained in or derived from these materials. The information and opinions presented or contained in these materials is subject to change without notice, and shall only be considered current as of the date of the presentation. This presentation includes forward-looking statements, which are based on current expectations and forecast about future events. These statements can be recognized by the use of words such as "expect," "plan," "will," "estimate," "project," "intend," or words of similar meaning. These forward-looking statements are made only, and are based on estimates and information available to the Company, as of the date of this presentation, and are not guarantees of future performance. These statements are based on a number of assumptions which are subject to known and unknown risks, uncertainties and other factors that are beyond the Company's control, which could cause actual results to differ materially from historical results or those anticipated. These factors include, but are not limited to, the political, social, legal and economic environment in which the Company will operate in the future. The Company and its affiliates and representatives undertake no obligation to update or revise these forward-looking statements for events or circumstances that occur subsequent to the date of this presentation. Actual results could differ materially from those anticipated in forward-looking statements and future results could materially differ from our historical performance. This presentation is not and does not constitute or form part of, and is not made in connection with, any offer, invitation or recommendation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of any entity, and neither this presentation nor anything contained in it shall form the basis of, or be relied upon in connection with, any contract or investment decision. Certain data in this presentation was obtained from various external data sources, and the Company has not verified such data with independent sources. Accordingly, the Company makes no representations as to the accuracy or completeness of that data, and such data involves risks and uncertainties and is subject to change based on various factors. The figures in this document may have been subject to rounding. This presentation speaks as of August 25, 2020. The information presented or contained in this presentation is subject to change without notice. Neither the delivery of this presentation nor any further discussions of the Company, any of its affiliates, shareholders, directors, employees, agents or advisors with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date. By attending this presentation and viewing and accessing these materials, you agree to keep these materials strictly confidential and be bound by the limitations set forth herein. These materials are being given solely for your use and may not be retained, copied, reproduced, redistributed or otherwise disclosed, directly or indirectly to any other person in any manner, or published, in whole or in part, for any purpose. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. CHANG IZAR 2#3CHANG Q2 2020 BUSINESS UPDATE CHANG IZAñ SNVHD 3#4Growing Sales Volume of Flagship Passenger-grade AAV EHang 216 30 25 20 15 10 5 0 14 Sales Volume of EHang 216 (unit) Q2 2019 CHANG IZAR 16 Q2 2020 17 H1 2019 25 H1 2020 D 4#5Achieved the World's First Commercial Pilot Operation Approval of Passenger-grade AAVS for Air Logistics CHANG IZAR 中国民航 CAAC ● ● In May 2020, EHang became the world's first AAV company approved by a national aviation authority, the Civil Aviation Administration of China ("CAAC"), to carry out commercial pilot operation in the category of 150 kg plus heavy-lift air logistics uses. This approval was based on a pioneering regulation for specific unmanned aircraft under the globally-recognized Specific Operation Risk Assessment ("SORA") framework of the Joint Authorities for Rulemaking of Unmanned Systems ("JARUS"). Starting from trial air logistics operations in Taizhou, China, the Company intends to gradually expand this use case to more locations in China. 5#6Deployed a New Command-and-Control Center for Smart City Management in China ● ● EHang completed deployment of a command-and-control center for smart city management in the city of Hezhou, China. This was the third of its kind after those in the cities of Shaoguan and Lianyungang. This deployment demonstrates EHang's capability in sophisticated centralized command-and-control systems that are designed ultimately for Urban Air Mobility uses. A CHANG ZAR III D 6 CO#7Entered into a Strategic Partnership for Air Tourism • In May 2020, EHang partnered with LN Holdings, a Shenzhen-listed (000524.SZ) tourism platform company to announce the world's first UAM-themed hotel at the LN Garden Hotel in Guangzhou, China. • A variety of air tourism services using EHang AAVS are planned for the hotel, such as aerial sightseeing, transportation, air logistics, and aerial media light shows. CHANGIZAR HILL 7#8Implemented Smart City Management Solutions in Flood Emergency Response Air Dropping relief supplies to flood victims Aerial photography of flood rescue scene CHANGIZAR Distributed AAV operations by centralised system RE Remote air inspection of the flood 62 GPS TYPE dgps float 424 -1:-3 12m 星锐费: L2301067000018 66 0.7 km 89.5 85% 30 km/h EM 89.5 m 79% Real-time monitoring on AAV flight status OFFAR 89.5 m 应急指挥 33 km/h P20 X001 AR |副总指挥 Frontline livestream to the emergency command center 8

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