Arrival SPAC Presentation Deck

FINANCIALS AND TRANSACTION OVERVIEW Pro forma equity ownership USD and share data (except share price) in millions Estimated source and uses Sources Arrival Group ordinary shares issued to Arrival and CIIG stockholders $5,338 Estimated cash held in trust¹ Estimated cash contributed from balance sheet2 Proceeds from PIPE Total sources Uses Cash on balance sheet Payment of transaction expenses Total uses 260 Arrival Group ordinary shares issued to Arrival and CIIG stockholders $5,338 69 INVESTOR PRESENTATION 400 $6,068 669 60 $6,068 Illustrative pro forma valuation Share price Pro forma shares outstanding3,4 Equity value Plus: Debt Less: Cash Enterprise value Illustrative pro forma ownership¹,3,4 CIIG sponsor shareholders CIIG public shareholders PIPE investors Existing Arrival shareholders 88% 1% 4% 7% $10.00 606.179 $6,062 (669) $5,392 1) Assumes no redemptions from SPAC existing public shareholders. 2) Cash balance shown as expected ending January 2021 and EUR conversion spot rate as of Aug 17, 2020 of 1.1863. 3) Assumes new shares are issued at price of $10.00. 4) Excludes the dilutive impact of SPAC warrants. 41 CONFIDENTIAL - ARRIVAL SARL

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