Fisker Ocean: World's Most Sustainable Vehicle Launch

FISKER OCEAN DEVELOPMENT LAYS THE FOUNDATION FOR AFFORDABLE PARTS- SHARING ACROSS FISKER PORTFOLIO; PEAR IS FIRST EXAMPLE PEAR WILL SHARE MANY COMPONENTS WITH OCEAN AND UFO Advantages of carryover components (Ocean to PEAR): Lower investment: No duplicate engineering / tooling investment for carryover parts Lower pricing: Additional volume from PEAR attractive to supply chain Leverage in-house engineering: Less unique components on 2nd program Examples of Synergies Central Display: Large, high-resolution, low latency central screen from Sharp Centralized processors: High-performance compute scales across platforms Fisker cloud and software: Scales easily from Ocean to PEAR Door handles, etc: Multiple body components can be re-used due to low Ocean BOM cost Test and validation: In-house Fisker capability, upfront investments scale to PEAR Lower Fisker investment for PEAR, despite dedicated assembly plant and higher initial capacity compared to Ocean Copyright 2021 Fisker Inc. All rights reserved. 15 Ocean Pgm Cost New Plant Component Sharing Capex Efficiencies Co-Investment PEAR Pgm Cost

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