A Differentiated and Compelling Investment Opportunity slide image

A Differentiated and Compelling Investment Opportunity

Faraday Future vs Recent Electric Vehicle Opportunities Employee Headcount Funding Prior to SPAC Transaction SPAC Transaction Value Target Production Date Owned Manufacturing Facilities Supply Chain # of Prototypes Core Drive Platform / Skateboard Proprietary Mobility Tech Global Patents Filed Faraday Future FF is currently ahead of majority in "time-to-market❞ ~300 ~$2,000mm ~$2.6bn - CANO 0 ~300 LORDSTOWN. F -49 -79 ~$480mm ($130mm cash available) ~$15mm ~$15mm ~$1.8bn -$1.9bn ~$1.0bn Q2 2022 Q4 2022 Q3 2021 n/a n/a 1 91%+ supplier tooling completed Less than 10% supplier tooling completed 0% supplier tooling completed n/a Q4 2021 1 (Equip. ready for installation) 13 driving prototypes Proprietary skateboard 29 prototypes and 13 pre-production assets Proprietary Variable Platform Architecture ADAS, Battery and E-Drive systems and manufacturing, UI/UX, Closures, Charging and Internet of Vehicle -880 Skateboard Architecture, Drivetrain, Battery System and Suspension ~52 1 n/a (1) 1 Licensed Elaphe hub motor technology n/a Battery Pack, Body and Frame Design ~45 0 Direct Vehicle Competition No comparable market offerings B2C Offerings B2B Offerings FF 91 Series FF 81 Series FF 71 Series SLMD (Customized Configurations) No comparable market offerings Highly Competitive (Model Y, XC40, E-Tron, EQC, among many others) Highly Competitive (F-150, Badger, Cybertruck, R1T, Hummer and many others) Lifestyle Vehicle Sport Vehicle Delivery Vehicle Contract Engineering Skateboard Licensing Opportunities Source: (1) Publicaly available filings and investor presentations. Proxy statement disclosures reliance on a third party OEM for a platform to develop and produce a vehicle. Have stated that they have signed an agreement with Magna to build Electric Ocean SUV. 2021 FARADAY FUTURE 48 Fisker Ocean Fisker EMotion n/a n/a Endurance Pickup PROPRIETARY AND CONFIDENTIAL
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