Aeva Results Presentation Deck

Third Quarter 2021 Summary Revenue Non-GAAP Operating Loss¹ Gross Cash Use (operating cash flow less capex)² $3.5m ($19.9)m ($24.2)m ¹Non-GAAP operating loss of $19.9m in Q3 2021 excludes stock-based compensation of $7.5m 2Capital expenditures were $1.0m in Q3 2021 Highlights ● ● s AEVA Q3 results driven by continued substantial progress on customer development milestones and path towards production Strong cash, cash equivalents and marketable securities position of $477.7m as of September 30, 2021 Weighed average shares outstanding of 212.6m in Q3 13

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