Embark Investor Presentation Deck

DELIVERED AMBITIOUS PLAN IN 2021 Technology Development Past Technology Milestones and Accomplishments Bought First Truck Lane Keeping and Lane Changes Cut-ins, Merges, and Vehicles on Shoulder Night Driving and Surface Streets Stop and Go and Remote Monitoring Inclement Weather (excluding Snow) and Construction 2016 2017 2018 2019 2020 2021 5 Remaining Technology Milestones to Accomplish Emergency Vehicle Interactions Evasive Maneuvers Blown Tires Road Triangles (Stop on Shoulder) Inspections 2022 2023 EMBARK Commercial Progress Partner Development Program Expansion Manufacturing Partners to Enable Embark Universal Interface (EUI) as an Option Embark Coverage Map Expansion Demonstrating Demand - Industry-leading 14,200 truck reservations ● TRANSPORTATION What to Expect in 2022? • New partnerships with leading carriers & shippers who have a unique ability to scale quickly ● ● SWIFT TRANSPORTATION DHL Partnering to integrate Embark technology so that carriers can order EUI-compatible trucks 7F Cummins Demonstrated progress through the integration process with key partners ● LUMINAR What to Expect in 2022? Continued build-out of key manufacturing partnerships to enable EUI WERNER ENTERPRISES Developing safe, efficient and repeatable onsite Transfer NVIDIA Point processes, while securing new sites across the Southwest Alignment of partner portfolio against phased manufacturing strategy Embark Coverage Map What to Expect in 2022? Begin Transfer Point operations on-site with partners Expand Embark Coverage Ryder Map into key Sunbelt freight markets INDUSTRIAL OUTDOOR STORAGE . 6

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