Nikola Investor Day Presentation Deck

28 / PAGE VTOMIN TRE FCEV ALPHA PROTOTYPE PHASE Global R&D effort | Parallel Engineering with key partners A DESIGN AND BUILD OF FC1-2 2021 Q1 2021 Q2 Unveiling Sept. 2021 Ulm, Germany 2021 Q3 BUILD FC3-7 VEHICLE TESTING (EU) NIKOLA 2021 Q4 2022 Q1 + VEHICLE TESTING (AZ, MI, ETC) "That's a lot further along than I'd normally expect to see. This does not look like an alpha vehicle ... this is almost like a pre-production vehicle... Tesla and Nikola are the only two that I think have got a good idea of what the future needs." - Sandy Munro, CEO - Munro & Associates, Inc.

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