Investor Presentaiton

4 JV: BUILD A SUPPLIER + CREATE EQUITY VALUE CHONGQING JV $428M Total Capitalization AOS (42.2%) JV Partners and Other Investor at 1/26/2022 Phased 1 of JV was fully ramped up in Sep Q 2021 On 12/1/2021, completed a sale of 2.1% JV equity interest for $16.9 million (>$800 million valuation for JV), Started from 12/1/2021, deconsolidated JV financials, resulted in >$300 million gain On 12/27/2021, completed a sale of 1.1% JV equity interest for $9.4 million On 01/26/2022, the JV Company completed an equity financing transaction. of $80 million, representing approximately 7.82% of post-transaction outstanding equity of the JV Company, which further diluted our equity interest to 42.2%. AOS Confidential 16

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