Xos SPAC Presentation Deck

Flex Manufacturing Allows for Rapid Scale and Flexibility $45MM CAPEX PER FACILITY 80% CapEx reduction vs. traditional automotive manufacturing facilities. 1 YEAR TIME TO DEVELOP 2-3 years faster to develop Xos Flex Facility vs. traditional greenfield facility. 150,000 SQUARE FEET 90% smaller footprint on all stages of the manufacturing process due to advanced factory management system and non-linear line design. B0100 www BOR BE ЕВ ПЕН АЕН ДЕН О BAB BATTERY ASSEMBLY Mer Mar WE BRE BIN 88 948 CHE BIS BER THE B Mar EDC gi Big TWYTHE www VEHICLE ASSEMBLY LAUR FEEL HIPER DE ED 588 588 Flex Facility 1 located in Byrdstown, TN 395 BB86 C 2.88 Confidential and Privileged, Property of Xos, Inc. 28

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