Nikola Investor Day Presentation Deck

1 7 PAGE VTOMIN BEV OVERVIEW State-of-the-art BEV trucks serve the short-to-medium haul needs of customers throughout the US and EU TREBEV Sales Model Expected Deliveries Use Case Estimated Range Anticipated Charge Time Nikola Advantage 1) Actual range will vary and depend on speed, temperature, topography, and payload 2) Represents expected ~80% state-of-charge (SOC) via a 350kW charger or ~200 minutes via a 175kW charger jo TRE (US) Q2 2022 Direct Sales Short-Medium haul routes Return to Base Applications Up to 350 miles(1) ~ 100 minutes(2) TRE (EU) Q3 2023 Early Mover Advantage, Range Expected to be among the first commercially available zero-emission trucks to market SPECIFICATIONS SUBJECT TO CHANGE

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