Nikola Results Presentation Deck

NIKOLA. PAGE / 8 COOLIDGE MANUFACTURING FACILITY KEY UPDATES Phase 1 Currently capable of producing 2 trucks per shift. Expected to increase capacity to 5 trucks per shift by end of 2022 Phase 2 Expansion has commenced with anticipated completion in 2023, provides Nikola with up 20,000-unit annual production capacity KOLA ------------------- O NIKOLA

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