Proterra SPAC Presentation Deck

PROTERRA OVERVIEW Proterra is Miles Ahead of the Competition Proterra has a Distinct First-Mover Advantage Multi-Million Real-World Miles Revenue (2020E) Production Track Record Manufacturing Capacity 1 Full Charging Solution 1 I January 2021 1 1 PROTERRA 16MM $193MM ~10 Years I I I I I 1 I I 1 I I 1 I I I I I I 1 I I I I I I I I ΑΓΓΙΛΕ X X X X X HYLIION X Minimal X X x NIKOLA X X X X X ROMEO POWER TECHNOLOGY x $11MM X 1. Status as of 1/1/2021 Note: Refer to Disclaimer on pages 2 and 3 regarding forward-looking statements and use of projections Highly Valuable Learning Curve Advantage Field Data PROTERRA Technology Development Safety, Testing and Compliance Manufacturing Experience Customer Relationships Brand Credibility Incremental Units Sold Significant Time and Enormous Capital Investment Required for Competitors to Catch-Up...and Proterra is Moving Forward 14

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