Lion Electric Investor Event Presentation Deck

Long-term Strategic Plan - Daily Execution 10 3 LION Continued Ramp-up in Orders and Deliveries ▪ Increase pace in production and deliveries ▪ Grow order book and repeat orders W Accelerate tier-1 client adoption Execution of Strategic Plan ■ Ramp-up of USA vehicle plant ▪ Continue construction of highly-automated battery factory ■ Expand Experience Centers footprint DON Expansion of Vehicle Line-up Commercialization of 8 new vehicles by the end of 2022 (Lion8 Tractor, Lion8 Bucket, Lion8 Boom, Lion6 Utility, Lion5, Lion7, LionAmbulance, LionD) Growth of Workforce and Senior Management Team ▪ Long-term growth through continued building of a strong and knowledgeable experienced team ( LION LION ELECTRIC

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