Investor Presentation December 2023

All-Electric Medium- and Heavy-Duty Urban Truck Line-Up Significant commonalities with school bus platform Favorable TCO vs. diesel, without any subsidies Current Line-Up 100% ELECTRIC ONS 100% ELECTRIC LION6 LION Commercial Production Deliveries Made to Date LION6 p.7 1) LIONS Product Pipeline LION8 LION5 The Lion8T, which was previously expected to be in commercial production during 2023, is now expected to achieve commercial production mid-2024. LIONS LION8 Tractor X (Expected 2024)(1) LION ELECTRIC

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