REE SPAC Presentation Deck

Our Partners & Investors ¹ Key Strategic Partners & Cooperation Highlights Mahindra Rise. HINO A TOYOTA GROUP COMPANY KYB IOCHPE-MAXION Mitsubishi Corporation One of the largest EV manufacturers with a unique cost structure and global footprint. MOU to explore strategic collaboration of jointly developed all-electric commercial vehicles for global markets. MUSASHI Hino Motors is the medium and heavy-duty truck arm of Toyota, and a leader in MaaS & electrification. Announced cooperation at the Tokyo Motor Show 2019. KYB is a top 5 Tier-1 supplier of shock absorbers, air suspension and power steering systems. Partnership to develop suspension capabilities. Key Strategic Investors & Partners Maxion Wheels is one of the world's largest wheel manufacturer and a leader in truck chassis systems. Partnership to co-develop and manufacture exclusive wheel design and chassis solutions. American Axle & Manufacturing is a global Tier-1 supplier in driveline, powertrain, and casting technologies. Mitsubishi Corporation is Japan's largest trading company. Business, partnerships and marketing cooperation. Musashi Seimitsu is one of the world's largest powertrain manufacturer and is partially owned by Honda Motor Co., Ltd. Announced collaboration on a foundation for future electric vehicles at Frankfurt Motor Show 2019. RBE Confidential and Proprietary Information (1) Represents both recent and current cooperation activities and/or strategic partners. Companies information based on publicly available information RBE OEM Partnership Targeting global volumes of 200,000 to 250,000 eLCV units, the Strategic MOU Collaboration with Mahindra leverages REE's corner module and modular platform technology and Mahindra's vehicle design, engineering, sourcing capability and manufacturing assets. HIND OEM Cooperation HINO FlatFormer The idea of the Flatformer concept was initiated by Hino Motors, one of the leading truck manufacturers in the world, to deliver optimized space, flexibility and energy efficiency to customers. With a shared vision of creating a sustainable future, REE's and Hino Motors' cooperation was showcased in the FlatFormer modular concept model, a super-flexible chassis that optimizes electric mobility solutions. 13

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