Aeva Results Presentation Deck

Third Quarter 2022 Summary Revenue Non-GAAP Operating Loss¹ Gross Cash Use (operating cash flow less capex)² $1.4m 2Capital expenditures were $2.1m in Q3 2022 ($31.7)m ($27.2)m ¹Non-GAAP operating loss of $31.7m in Q3 2022 excludes stock-based compensation of $6.1m Highlights Q3 revenue driven by progress scaling Aeries II deployment ● s AEVA ● Strong cash, cash equivalents and marketable securities position of $350.8m as of September 30, 2022 Weighted average shares outstanding of 217.9m in Q3 15

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