Nikola Results Presentation Deck

NIKOLA. PAGE / 5 AIM TO DEVELOP UP TO 300 METRIC-TPD PRODUCTION / SUPPLY AND 60 STATIONS BY 2026 H₂ Ecosystem Buildout 2 AL PRODUCTION (1,2) Target of 300 metric-tons per day (TPD) by 2026 Four announced hydrogen production / supply projects to date ● ● ● Buckeye, AZ Production Hub - phased development (3) up to 150 TPD Terre Haute, IN Wabash Valley Resources - 50 TPD Crossfield, Alberta TC Energy - 60 TPD Clinton County, PA KeyState - 100 TPD 1) Hydrogen supply will be comprised of Nikola or partner hydrogen production and hydrogen offtake / supply agreements Subject to change; Currently undergoing discussions with multiple hydrogen supply partners 2) 3) Arizona Hub will be built in 5 phases consisting of 30 tons each; Phase completions dates are subject to change + DISPENSING Target 60 dispensing stations by 2026 To date have announced three hydrogen dispensing stations in California Ontario, CA on existing TravelCenters of America location Colton, CA Nikola Greenfield Station Station location supporting the Port of Long Beach

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