Embark Investor Presentation Deck

EMBARK BY THE NUMBERS 2022E Guidance 1) 2) Cash $220.4M Q2 Cash Balance $24.7M Q2 Free Cash Flow Spend (1) EMBARK $100-115M 2022E Free Cash Flow Spend (1) As defined in non-GAAP reconciliations on slide 14. Employee count excludes 12 contractors, 8 in R&D and 4 in G&A. As defined in non-GAAP reconciliations on slide 13. $60-65M 2022E Stock-Based Compensation Expense Employees 340 Employees (2) 271 R&D Employees (²) Q2 '22 $14.3M Q2 Net Operating Loss $23.9M Q2 Adjusted EBITDA Loss (3)

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