Nikola Results Presentation Deck

90 // PAGE NIKOLA COOLIDGE, ARIZONA FACILITY = Phase 1 Assembly Expansion Area ROTARY LIFT KEY UPDATES PHASE 0.5 Completed July 2021 PHASE 1 Build out expected to be completed Q1 2022 PHASE 2 Build out expected to commence in Q1 2022 and be completed in early 2023 Completion of Phase 2 enables: Build Tre BEV and Tre FCEV on same line Assemble Bosch Fuel Cell Module ● Production Capacity of 20,000 trucks per year upon completion of Phase 2

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