Lion Electric Investor Presentation Deck slide image

Lion Electric Investor Presentation Deck

...On Which It Significantly Delivered "Made in America" Manufacturing Facility Took possession of 900,000 ft2 building in Joliet, Illinois (construction of shell building is complete. Current focus now primarily on the interior of the facility) Continue to receive equipment for the bus production line; have now received and installed the overhead cranes, while working to finalize the production process 21 ■ Current headcount of ~1,100 with 300+ engineering and R&D professionals ▪ GM hired for U.S. manufacturing site, plant staffing ramping-up ■ Build-Out of the Lion Team 1) 2) Filled key positions, including CCO, CPO, CIO, CLO, SVP Strategic Initiatives, SVP, Procurement & Supply Chain DRENGER DIT BEVERCOME H · H ■ 1 - ■ H Lion Campus (Battery Factory + Innovation Center) Completed 100% of the steel structure for the battery plant building Completed installation of prototype module line at JR Automation's facility in Troy, Michigan Produced first prototype pack, which is undergoing testing Producing additional prototype packs for testing purposes Production set to commence in H2 2022 Secured $80M(1) in governmental support by way of low/no interest loans Model Launches Unveiled purpose-built, all-electric ambulance (in partnership with Demers Ambulances) based on a Lion5 chassis LION Partnerships with upfitters Delivery of first LionA, LionM, LionD, LionAmbulance, Lion8 Refuse, Lion8 Bucket, and Lion8 Tractor expected in 2022 Purchase Order Momentum Secured a significant amount of new purchase orders since public listing; current order book of 2,422 units provide revenue visibility of $600M(²) C$ figures converted to US$ using an exchange rate of 0.80x. As of May 3, 2022. See footnote 1) on page 13. See "Appendix -Non-IFRS Financial Measures and Other Performance Metrics" for a full description of the methodology used by management in connection with the order book. DEMERS LIONS BAJU LION ELECTRIC
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