Fisker Ocean: World's Most Sustainable Vehicle Launch

INVESTMENT THESIS • . Deploy Fisker design DNA, capability and IP to focus on vehicle attributes that matter most to consumers Fisker is rooted in decades of award-winning design and consumer-centric user experience Use Partnerships to drive rapid scale, de-risk execution and preserve capital in areas where differentiation not consumer-critical Asset-Light business model that leverages partner investments in existing architectures, infrastructure, IP, tools and footprint Faster path to market; less capital deployed to achieve scale Ability to share platform design elements and components among Fisker models Accelerated path to profitability with lower breakeven point; highly-predictable development costs enhance visibility World-class partners validate business model and invested in Fisker success Premium products at an affordable price poised to capture share in large addressable markets Reservation growth and surveys indicate broad interest, after minimal marketing Targeting 200k-250k annual unit sales by 2025 across 4 vehicle offerings Digital direct to consumer sales and service model provides class-leading convenience and delight to customers without associated cost and overhead Strategy enables affordable zero-emission vehicles for mass-market customers Vehicles designed with a focus on sustainability, including many sustainable components ESG focus at the core: Fisker aims for 100% Climate-Neutral product by 2027 (no purchased offsets) Copyright 2021 Fisker Inc. All rights reserved. 4

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