Lion Electric Investor Presentation Deck
A Solid Balance Sheet to Accelerate Lion's Growth Plans
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1.
2.
Robust balance sheet
▪ $155M of cash on hand as of March
31st, 2022
$80M(¹) in low/no interest
government loan for Lion Campus,
30% of which is forgivable
Undrawn revolving bank facility of
$200M
Clearly identified upcoming capital
requirements for strategic growth
projects
"Built-in-America” U.S. EV
manufacturing facility: Expected
total capex of ~$150M to
completion
Battery manufacturing plant &
innovation center: Expected total
capex of ~$180M(¹,2) to completion
CURRENT LIQUIDITY OF UP TO $435M
$280M REMAINING TO BE SPENT ON OUR TWO GROWTH PROJECTS
C$ figures converted to US$ using an exchange rate of 0.80x.
The Company plans to explore a sale and leaseback transaction with respect to the battery facility. The expected total capex figure shown does not take into account any proceeds that could potentially result from any such transaction
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