Embark Investor Presentation Deck

NON-GAAP RECONCILIATION: FREE CASH FLOW SPEND Embark Technology, Inc. Free Cash Flow (in thousands) (unaudited) Net cash used in operating activities (GAAP) Capital expenditures including truck deposits, net of returns Free cash flow (Non GAAP) EMBARK $ $ 6/30/2022 (22,041) (2,686) (24,727) Three Months Ended $ $ 3/31/2022 (18,225) (1,717) (19,942) 12/31/2021 $ (33,191) (973) $ (34,164) • 14

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