Lordstown Endurance Investor Presentation

Endurance: Better than the Competition Only EV Player Providing a Full-Size Pickup Focused on Commercial Fleets Lordstown Endurance vs. Key Competitors LORDSTOWN. RIVIAN ↑ TESLA NNIKOLA Ford GM Launch Timing 2021 2021 2021 N/A 2022 2022 Commercial Fleet Focus? × ? Full-Size × Pickup? Expected Price $45,000+ ~$67,500+ ~$69,900 ~$67,500+ TBD Endurance Mid-Tier R1T Cybertruck Mid-Point Pricing Range of Badger F-150 Electric × ~$70,000 Hummer EV Source: Public sources, third-party analysis, and management estimates. Note: Ford and GM images are illustrative. 'Net of $7,500 tax credits. Investor Presentation | January 2021 14

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