Faraday Future SPAC Presentation Deck slide image

Faraday Future SPAC Presentation Deck

I I I ΝΑ ΝΑ I I Faraday Future T I T T Market Capitalization / Volume Benchmarking Market Capitalization at IPO / Announcement versus Current Recent Electric Vehicle SPACs $23.66 I 12 months to start of sales Faraday Future Source: Note: I Ⓒ2021 FARADAY FUTURE I I I I I $17.00 I $2,448 $4,420 Canoo Unit Volumes at IPO / Announcement versus Current (Units in thousands) $14.86 $2,940 $4,916 18 months to start of sales Canoo Fisker $1,640 $4,282 Lordstown Recent Electric Vehicle SPACs 24 months to start of sales Fisker 9 months to start of sales Lordstown Company filings, investor presentations, Wall Street Research and FactSet as of 01/22/2021. Assumptions used to calculate market capitalization at announcement: Faraday Future: share price $10, 303.4mm shares outstanding. Fisker: share price $10, 294mm shares outstanding. Lordstown: share price $10, 164mm shares outstanding. Quantum Scape: share price $10,447.6mm shares outstanding. Canoo: share price $10,244.8mm shares outstanding. Recent Battery SPACs $4,476 $21,263 QuantumScape @ IPO / Announcement $1,334 $2,685 4 years to start of sales QuantumScape Romeo Recent Battery SPACs 45 Current ΝΑ Romeo $1,043,775 $1,503 Tesla 0.5 491.0 Tesla Electric Vehicle OEMs $109,434 $7,127 NIO 11.0 43.1 Excluding Tesla, market volumes for electric vehicles remain relatively low today Electric Vehicle OEMs NIO $8,956 $48,632 Xpeng 21.8 24.1 Xpeng $7,778 $32,131 Li Auto 30.0 29.7 38 Li Auto PROPRIETARY AND CONFIDENTIAL
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