A Differentiated and Compelling Investment Opportunity slide image

A Differentiated and Compelling Investment Opportunity

Faraday Future: A Differentiated and Compelling Investment Opportunity Faraday Future FF 4 Note: (1) (2) Patents data as of October 2020. FF 91 is hardware-ready for L3 autonomous driving. FF 91 outperforms Tesla Model S in horsepower, rear leg room, wheelbase and rear seat recline angle. 2021 FARADAY FUTURE - More than $2 billion invested to date - Expected launch within twelve months of merger supported by 40+ prototypes and preproduction assets and a robust hybrid manufacturing strategy 300+ employees led by CEO Dr. Carsten Breitfeld and a highly experienced management team - Battery, drivetrain and related technology competitiveness supported by approximately 880 filed or issued utility and design patents and independently validated by EV experts, Roland Berger - Industry redefining 1050 HP, less than 2.4 seconds 0-60 mph luxury EV with unique truly harmonized Internet, Autonomous Driving Ready (1) and Intelligence 3rd living space that outperforms Tesla (2) Compelling relative value at 0.3x EV/2024E Revenue and 2.9x EV / 2024E EBITDA based on realistic achievable business plan centered around US / China dual home strategy 7 PROPRIETARY AND CONFIDENTIAL F
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