Nikola Results Presentation Deck

90 PAGE NIKOLA ULM, GERMANY FACILITY UPDATE APRIL 2021 AGVS & LOGISTICS SHELVING APRIL 2021 CRANES & SUBGROUPS TRUCK UPDATES APRIL 2021 - INSTALLED AGVS APRIL 2021 LOGISTICS SHELVING ULM FACILITY UPDATE COOLIDGE FACILITY UPDATE RIG360 OGE ULM FACILITY KEY UPDATES All building modifications have been nearly completed Automatic Guided Vehicle (AGV) system is nearly complete ● ● O 4 AGV systems have been installed to validate the track, hardware, and software o Remaining 28 AGV systems are being assembled offsite and are expected to be installed onsite over the next few weeks Logistics area and shelving completed Tool and equipment installation of the 14 separate workstations is underway and is expected to be completed by the end of May Facility is on pace to begin the start of trial production in June 2021 ΤΑ Q1 2021 RESULTS Q2 & FY 2021 OUTLOOK APPENDIX

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