Faraday Future SPAC Presentation Deck

I I I I I T I I Operational Benchmarking at IPO / Announcement T+2-T+5 Revenue CAGR where T = 0 is Year of IPO / Announcement Recent Electric Vehicle SPACs 249% 2022E- I 2025E 1 Faraday Future I Canoo 8.7% I 10.8% Faraday Future 2024E I I I I 92% I I 13.1% I I I 2025E I T+4 EBITDA margin where T = 0 is Year of IPO / Announcement 180% 22.3% Fisker Canoo 2022E- 2025E Recent Electric Vehicle SPACs 18.9% 2022E- 2024E Fisker 2024E 20.9% Source: Company filings, investor presentations, Wall Street Research and FactSet. Note: Financial projections assume transaction close in Q1 2021. Ⓒ2021 FARADAY FUTURE 85% Lordstown 2025E 10.4% ΝΑ Recent Battery SPACs 450% Lordstown QuantumScape 2025E 2028E 25.2% 25.0% Quantum Scape 2027E Recent Battery SPACs 2028E 59% 47 Romeo 2022E- 2025E 17.0% 20.5% Romeo 2024E 2025E 68% Tesla 14.5% 16.0% Tesla 2014E Electric Vehicle OEMs 2012E- 2015E 38% NIO 2015E 2020E- 2023E 9.2% 10.0% NIO Electric Vehicle OEMs 38% 2022E Xpeng 2022E- 2025E 5.6% 6.8% Xpeng 2023E 2022E- 2024E 2024E 39% Li Auto 8.1% ΝΑ Li Auto 2025E 38 PROPRIETARY AND CONFIDENTIAL

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