Lotus Tech Growth Strategy

1 LEADING PRODUCT PERFORMANCE AGAINST CORE COMPETITOR MODELS MSRP, RMB Vehicle length, mm Driving performance Acceleration, 0-100km/h, s Lotus Eletre S 828,000 5,103 LOTUS Competitive performance Established MNCs T Scoring: Low High BEV Companies Lotus Eletre R 1,028,000 5,103 MB EQE SUV AMG ~850,000² BMW iX M60 4,879 996,900 4,953 Audi SQ8 etron ~850,000² 4,915 Porsche Taycan GTS 1,392,000 4,963 Tesla Model X Plaid ES7 100kWH HiPhi X Flagship 1,039,900 5,057 548,000 4,912 800,000 5,200 Polestar 3 LR Performance ~700,000² 4,900 4.5 2.95 4.3 3.8 4.5 3.7 2.6 3.9 4.0 4.7 Charging speed, max. kw in DC charging¹ 350 350 173 195 170 268 250 180+switch 120 n.a. Electrification ☆ Driving e-range, km in WLTP 600 490 540 560 450 510 540 510 610 n.a. n.a. Smartification Smart Cabin (Hardware, functions and experience) AD/ADAS (Hardware readiness) Over-The-Air capability n.a. n.a. 4.6 4.6 4.0 4.0 n.a. 4.7 4.2 4.0 4.4 n.a. Traditional Exterior design³ metrics Interior design³ and comfort 4.4 4.4 4.4 4.4 n.a. 4.4 Quality, problem per 100 vehicles in 2022 n.a. n.a. 170 (EQC) 133 (iX3) n.a. Safety, C-NCAP star 5 star expected 5 star expected 5 star expected 5 star 5 star expected 5 star 3.9 4.0 4.2 n.a. 202 155 (Model Y) 128 (ES6) 163 5 star n.a. 5 star 5 star 5 star expected Source: Public information 1. DC charging capability is evaluated based on vehicle capability only and actual charging capability may be impacted by charging pillar capability. Final charging speed depends on vehicle and charging pillar combined 2. Future car prices not announced yet; EQE, SQ8 etron and Polestar 3 with reference from prices in Germany; Tesla Model X price reference from Autohome 3. KOL scoring from Dongchedi as a reference (scores as of 7 January 2023), scoring/ranking intends to emphasize and differentiate top 3 players 26 LOTUS TECH

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