Xos SPAC Presentation Deck

Xos Already Has Zero-Emission Vehicles on the Road and Expects to Deliver a Full Suite of Class 5-8 Vehicles in 2021/22 CLASS OEM COMMERCIAL AVAILABILITY RANGE BATTERY SYSTEM BODY NOTES 2 ΑΓΓΙVAL 2022 100 miles LG Chem Composite Yet to reach truck production. Split focus on bus, van, etc... Source: Company information and analysis. Note: Chart refers to Company's stated focus area. 1000 4/5 W WORKHO WORKHORSE 2023 Not Published Panasonic Composite New truck model not yet in production. Limited proprietary technology portfolio. 5/6 XOS Available Now 100 miles Xos CV Battery Riveted/Welded 6/7 S XOS 2021 100-200 miles Xos CV Battery Stamped Steel Regional 7/8 SFx XOS 2021 100-275 miles Xos CV Battery Stamped Steel Industry-leading range with a purpose-built commercial vehicle battery, proprietary power electronics, and more durable structures. Regional 6/7/8 4 LION 2021 100-200 miles. Romeo Stamped Steel Limited proprietary technology. Long Haul 8 NIKOLA MOTOR COMPANY 2023 500-750 miles. Romeo/GM/Bosch Unknown Yet to deliver Split focus (long haul hydrogen, short haul BEV, jet ski, etc...) Confidential and Privileged, Property of Xos, Inc. 14

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