Aeva SPAC Presentation Deck

Valuation Benchmarking EV/CY2021 (CY+1) Revenue 2.0x ALVA 2025 EV/CY2021 (CY+1) EBITDA 5.2x ALVA 2025 Median: 12.4x 16.4x NVIDIA 33.2x 8.4x Median: 29.9x NVIDIA. XXILINX 26.7x XXXILINX Overall Median: 12.4x Overall Median: 36.6x; Median: 13.9x 21.7x ll MOBILEVE 2017¹ 68.0x 6.1x Median: 54.0x Ambarella Ambarella 40.1x MOBILEVE 2017¹ ¹Mobileye financials dated to pre-announcement unaffected date of March 10, 2017. Luminar investor presentation as of September 30, 2020. Velodyne projections as per investor presentation as of July 1, 2020. Sources: Factset, Capital IQ as of October 30, 2020, Company filings Median: 3.1x 3.5x LUMINAR 20252 12.8x 2.8x Median: 10.4x Velodyne 20243 Velodyne 2024³ 7.9x LUMINAR 2025² Computing Platforms Vision Based AEVA 8.1x TESLA 42.3x TESLA Traditional LiDAR Disruptive Autotech 33

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