Nikola Mergers and Acquisitions Presentation Deck
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NIKOLA
ILLUSTRATIVE PACK PRICING AND COST REDUCTION
Illustrative Non-Cell Related Battery Pack Pricing
$20M Liquidity Support
Provided to support pack production
through transaction close
Temporary price increase for each pack
delivered through transaction close
Temporary price increase terminates if
transaction does not close
Pricing per
Original Supply
Agreement
Liquidity Support
Provided via
Temporary Price
Increase
30-40% Reduction
ILLUSTRATIVE
Post-
Integration
Pack Costs
Illustrative Non-Cell Related Battery Pack Pricing
Estimated annual battery pack cost
savings of up to $350 million by 2026
$20 million is a controlled funding mechanism designed to provide additional capital to Romeo and
incentivize the delivery of battery packs until closingView entire presentation