Elms SPAC Presentation Deck

A Differentiated Business Model to Deliver Efficient, Connected and Customized Last Mile Solutions Tier-1 Suppliers (¹) • Existing and Proven Platforms, Subsystems and Components Data Providers (2) myDEOTAB = ..... OEMs GEOTAB. Telematics and Data ✓ Safety & Homologation ✓Software & loT ✓Customization ALLEGRA S LAR ROOFING ..th... ELMS ELECTRIC LAST MILE SOLUTIONS Low Cost Fast to Market with Quick Refresh Cycle Reliable Connected Customized Made-in-USA EVS CUSTOMER SOLUTIONS 30,000+ Pre-Orders to Date (4) GREENWORKS ENERGY (1) Signed agreements with Contemporary Amperex Technology and Jing-Jin Electric North America. (2) Signed agreement with Geotab Inc. (3) Upfitter logos represent companies with whom ELMS is currently in discussions. (4) As of February 4, 2021. Figure refers to signed pre-orders. Final purchase order contingent upon satisfaction of customer requirements. ✓ Vehicle Integration 10 ✓EPT Engineering ✓ CATL JJE Validated Electric Systems, Motors, Batteries and Vehicle Parts Manufacturing MOBILE DRYCLEANING ..... ELMS ADRIAN STEEL ELECTRIC LAST MILE SOLUTIONS Upfitters(3) IVS L AUTO TRUCK GROUP A HOLMAN ENTERPRISE Customization to End-Use Case

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