Lordstown Endurance Investor Presentation

Leadership Team Rich History of Experience Across Electric Vehicle Companies, Start-Ups and Traditional OEMs Steve Burns Chief Executive Officer World-class innovator behind every product developed and sold by Workhorse Co-founder and former CEO of Workhorse Group 35+ Years of Experience Rich Schmidt President Leading force behind the design, conversion, and improvement of over 12 automotive plants, including Tesla's facility in Fremont, CA 30+ Years of Experience Shane Brown Chief Production Officer Diverse manufacturing experience in several automotive sectors. Worked in many plant startups including new ventures at Hyundai and Volkswagen 28+ Years of Experience NSSAN TOYOTA HYUNDAI WORKHORSE NUANCE GANNETT TESLA T HYUNDAI J.D. POWER KIA HONDA NEW FLYER Darren Post Chief Engineering Officer Over 30 years of experience with automotive OEMs, most recently developing Karma Automotive's plug-in hybrid electric vehicle 30+ Years of Experience John Vo VP of Propulsion Served as Tesla's Head of Global Manufacturing from 2011-2017 before leaving to start his own company focused on powertrain development 25+ Years of Experience KARMA GM ALT❘e DELPHI TESLA T AIKAR MiaSolé Thin-film solar Honeywell CYPRESS Julio Rodriguez Chief Financial Officer Coordinator of multiple successful capital raises financing the development and production of EVs for commercial fleet operators 30+ Years of Experience 兒 WORKHORSE HAPA Qurula FEDERAL MOGUL Investor Presentation | January 2021 9

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