Nikola Results Presentation Deck

1. LEADER IN CLASS 8 ZERO-EMISSIONS VEHICLES TREⓇ AMBI JURO BLASTSE Remain on track for SOP and customer deliveries in Q4 2023 Building sales momentum Orders received from 12 customers for 140 Tre FCEVS To date have completed build of first 2 of 10 gamma trucks All 10 gamma trucks are expected to be commissioned by the end of Q2 Gamma trucks will be used for pilot testing and further vehicle validation Pilot testing expected to begin in July, pilot fleets include Walmart, Biagi Bros, TTSI, Linde, and AJR, a leading carrier for the United States Postal Service FCEV NIKOLA Retail sales occur when customer warranty registers their vehicle with Nikola e Seeing re-energized sales and commercial strategy + product improvements lead to accelerated retail sales ● ● TRE HARBOR PRIDE LOGISTICS, INC. Delivered 31 trucks to dealers in 01 2023 Dealers completed 33 retail sales in Q1 2023 (1) Added Tom's Truck Center in Southern California to dealer network Announced upcoming sale of 14 Tre BEVS to Watt EV BEV Univar Solutions SELECT TRE BEV RETAIL SALES LAWA TTSI LOS ANGELES WORLD AIRPORTS AVANT GARDE AUTO LOGISTICS NISSAN Talon Logistics Inc. ARIZONA LITHIUM Key Takeaway: Revamped sales and commercial strategy is beginning to gain traction and build momentum on both products NIKOLA 8

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