Nikola Results Presentation Deck

NIKOLA. PAGE 9 / TREFCEV ANHEUSER-BUSCH PILOT UPDATE B A Biagi KAESE Bi BUD LIGHT Anheuser-Busch RUSU BU OSE Hal-Back Biagi HETETTHE NIKOLA PFD TREMO dian Biagi NAFA.CA hos. FTTH Biagi Key Updates A-B Pilot Update Anheuser-Busch Pilot Testing Successfully Completed 4/29/2022 ● ● ● Logged over 12,000 miles Hauled over 2 million pounds of freight Additional Updates Tre FCEV alphas expected to begin TTSI pilot by the end of May 2022 ● Learnings will be incorporated into beta builds On track to begin Tre FCEV beta builds in Q2 2022 o Anticipated completion of first batch of six (6) and second batch of five (5) beta builds in Q3 2022 o Anticipated completion of third batch of eight (8) Tre FCEV betas in Q4 2022

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