Harley Davidson SPAC Presentation Deck

FINANCIAL OVERVIEW Disruptive EV Growth, Support of Two Well-Established OEMs - De-Risks Live Wire Business Plan 31 Market-leading EV technology Independent management, public company experience Asset light model Global partnership-enabled capabilities Compelling risk-adjusted valuation LiveWire™ VALUATION $1.77B (1) Over $300B in traditional auto OEMs commitments towards EV transition through 2025. OEMS NIO +polestar T=SLA XPENG INFRASTRUCTURE EV Peers LUCID allego -chargepoin+ EVgo SIMILARITIES TO EV PEERS -Paving path to EV transition -Benefits from growing EV infrastructure ADVANTAGES TO EV PEERS -Scaled OEM partners bring operational and manufacturing support -Leverage existing global distribution footprint and finance company -No head-to-head OEM competition MOTORCYCLES AUTOS Traditional OEMs (1) GM BMW HONDA TOYOTA STELLANTIS SIMILARITIES TO TRADITIONAL OEMS YAMAHA ADVANTAGES TO TRADITIONAL OEMS Ford -Large, established distribution and manufacturing footprint -Deep technology underpinning -Significant "head start" vs. others in two-wheel space -Production and sales ramping with significant long term growth potential 14

View entire presentation