Nikola Results Presentation Deck

07 PAGE NIKOLA COOLIDGE, ARIZONA FACILITY = Phase 1 Assembly Expansion Area (October 2021) = Phase 1 Assembly Expansion Area (February 2022) KEY UPDATES PHASE 1 Anticipated completion by the end of Q1 2022 Phase 1 provides Nikola with a 2,500-unit production capacity for 2022 ● PHASE 2 Groundwork has started, anticipated completion of Phase 2 Q1 2023 ● Production capacity up to 20,000 trucks per year Build Tre BEV and Tre FCEV on same line Fuel Cell Power Module assembly

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