Nikola Results Presentation Deck

19 PAGE NIKOLA RECONCILIATION TO NON-GAAP MEASURES TRUCK UPDATES In Thousands Except share and per share data Net Loss Interest (income) expense, net Income tax expense Depreciation and amortization EBITDA Stock-based compensation Loss on forward contract liability Revaluation of warrant liability Equity in net loss of affiliate Regulatory and legal matters Adjusted EBITDA ULM FACILITY UPDATE COOLIDGE FACILITY UPDATE RIG360 OGE Q1 2021 Q1 2020 ($120,224) ($33,146) 9 (62) 1 1 1,408 ($31,799) 1,313 1,324 1,805 ($118,409) 50,266 (951) 794 14,866 ($53,434) ($29,162) ΤΑ Q1 2021 RESULTS Q2 & FY 2021 OUTLOOK APPENDIX

View entire presentation