Arrival SPAC Presentation Deck

INVESTOR PRESENTATION Overview of Kensington Acquisition Corp. V Officers JUSTIN MIRRO Chairman & Chief Executive Officer . 25 years of operating, M&A and financing experience in the automotive and automotive-related sector . President of Kensington Capital Partners JOHN ARNEY Vice Chairman and President . 30 years of private equity, M&A, operational and strategic experience in industrials and adjacent sectors . Partner at The Smithfield Group, Chairman at Guardian, Board Member at Stanadyne and Pure Lifting Group PETER GOODE Chief Technology Officer 40 years of experience in energy and industrial services . Currently Chairman and co-founder of GR Energy Services, and Operating Partner at The Smithfield Group JULIAN AMELER Head of Business Development . 14 years of M&A, corporate finance and private equity experience . Partner at The Smithfield Group, and board member of various private companies DAN HUBER Chief Financial Officer . 20 years of experience in investment banking, consulting, business development and operational management . Former U.S. Navy Surface Warfare Officer (Nuclear) Kensington Overview KENSINGTON Board Members • Kensington Capital Acquisition Corp. V (KCGI.U) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with a business in the industrial sectors ΑΓΓΙVAL • Sponsored by Kensington Capital Partners (KCP) • Management and board with extensive public company experience and operating capabilities in the industrial-related sector • Relevant industrial experience to optimize program launches and capital deployment while facilitating commercial relationships • Track record of creating significant shareholder value in industrial businesses WILLIAM E. KASSLING Former Chairman and CEO of Wabtec MITCHELL QUAIN Investor and board member of multiple public companies ANDERS PETTERSSON Former CEO of Thule Group MARK ROBERTSHAW Former CEO of Morgan Advanced Materials NICKOLAS VANDE STEEG Former President, COO and Board Member at Parker-Hannifin 19

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