Aeva Results Presentation Deck

Further Strengthening Aeva's Balance Sheet Strong commitment from existing long-term stockholders Builds OEM confidence in Aeva's ability to support multiple programs beyond SOP Financing strategically structured to provide flexibility while minimizing dilution AEVA "As Aeva's momentum continues to accelerate, we are excited to strengthen our commitment to Aeva's leading next-generation technology and believe this capital will enable Aeva to further differentiate its position with global OEMs and secure additional production program wins in what we view as a significant global market opportunity." - Dan Gibson, Founder and CIO at Sylebra © 2023 Aeva, Inc. $145M CAPITAL RAISE FROM EXISTING LONG-TERM STOCKHOLDERS $234M CASH ON HAND $125M FACILITY* $20M PRIVATE PLACEMENT OF COMMON STOCK $233.7M CASH, MARKETABLE SECURITIES AND CASH EQUIVALENTS AS OF Q3 2023 *Aeva can draw on the facility at its discretion, subject to a new passenger auto-OEM or commercial OEM production program award 13

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