Nikola Results Presentation Deck

04 PAGE // NIKOLA Tre BEV Commissioning Update Nikola Tre BEV Prototype Commissioning 01 Nikola Tre BEV Prototype Commissioning with Payload Nikola Tre BEV Key Updates The assembly of the first batch of five (5) Nikola Tre BEVs have been completed • All trucks are in the commissioning process o One truck sent to proving grounds for cold weather testing o One truck being prepared for Road Load Data Acquisition activity o One truck in Germany for controlled Brake Commissioning o One truck remains in Arizona for continued software and HMI development One truck will be shipped to Ohio for vehicle dynamics testing Assembly of the second batch of prototypes is underway TRUCK UPDATES ULM FACILITY UPDATE COOLIDGE FACILITY UPDATE Q4 & FY 2020 RESULTS FY 2021 OUTLOOK APPENDIX

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