Lordstown Endurance Investor Presentation

4 1Q21: Beta Prototypes • Beta Prototype • • • Wil be first vehicles to be manufactured at Lordstown Plant with the Endurance body and componentry Expect ~60 units in total to be built in two tranches Roll-out expected to begin in January and last through the Spring of 2021 Vehicles to be used for crash, engineering and validation testing Some vehicles will be sent to early customers for their feedback Testing expected to last through end of 2Q21, concurrent with commencement of pre-production runs Source: Management estimates LORDST CC 8 AADIN Investor Presentation | January 2021 25

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