Nikola Investor Day Presentation Deck

☐ NORTH AMERICA FCEV ■ NIKOLA NIKOLA TWO™ Status: Alpha Prototypes developed 2018, debut April 2019 Dyno and closed course testing (Michigan and Arizona) Public demonstration at Nikola World and beer delivery at Anheuser Busch Sustainability event Bosch Fuel Cell System used in Prototype ■ NIKOLA NIKOLA TRE™ EUROPE & NORTH AMERICA BEV & FCEV Status: Developed with CNHi, based on Iveco S-Way BEV (720kWh) Prototypes are being built in Germany, SOP (Ulm) in Q4 2021 FCEV Prototypes will be built in 2021, SOP in 2023 Bosch Fuel Cell System

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