Embark Results Presentation Deck

EMBARK BY THE NUMBERS 1) 2) $191.0M Q3 Cash Balance $100-115M (Reaffirming) EMBARK 2022E Free Cash Flow Spend (1) As defined in non-GAAP reconciliations on slide 15. As defined in non-GAAP reconciliations on slide 16. $29.4M Q3 Free Cash Flow Spend (1) $74.1 M YTD Free Cash Flow Spend (1) -$4.8M driven by timing of prepaid expenditures and new building expenses $35.4M Q3 Net Loss $24.7M Q3 Adj EBITDA Loss (2) • 10

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