Embark SPAC Presentation Deck

Trucking Market Represents Significant Opportunity $700 billion truck freight market represents a significant opportunity(1) Delivers potential value to not only carriers, but the entire ecosystem Fragmentation of various constituents unique to the trucking industry "1 NORTHERN GENESIS II Clear and present problem with driver shortage Demand for freight continues to grow Infrastructure is in place today to enable rapid commercialization and scale within the freight ecosystem (1) American Trucking Associations, U.S. Freight Transportation Forecast: 2020 to 2031. FREIGHTLINER YP02815 401 SA 23

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