Lordstown Motors Investor Presentation Deck

Unique, Efficient, Purpose-Built Design Clear Lane for Endurance to Launch in an Underserved Market Launch Timing Commercial Fleet Focus? The Only EV Player Providing a Full-Size Pickup Primarily Focused on Commercial Fleets Full-Size Pickup? Expected Price LORDSTOWN A 2021 $45,000¹ Endurance Lordstown Endurance vs. Key Competitors RIVIAN T TESLA 2021 X ~$67,500¹ Mid-Tier R1T 2021 x ~$69,900 Cybertruck NIKOLA MOTOR COMPANY N/A X ~$67,500¹ Mid-Point Pricing Range of Badger Ford LORDSTOWN V 2022 ? Source: Public sources, third-party analysis, and management estimates. Note: Ford and GM images are illustrative. Net of $7,500 tax credits. TBD F-150 Electric GM 2022 X X N ~$70,000 Hummer EV 14

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