Nikola Results Presentation Deck

90 PAGE NIKOLA COOLIDGE, ARIZONA FACILITY UPDATE KEY UPDATES • We have completed Phase 0.5 of the facility Currently we are building seven trucks in Coolidge (two (2) Tre BEV Pre Builds and five (5) Tre FCEV Alphas) ● ● ● As we are building trucks, we are concurrently in the process of constructing the Phase 1 assembly expansion area We anticipate Phase 1 will be completed by the end of 2021 Coolidge Facility Phase 0.5 Interior TRUCK UPDATES COOLIDGE FACILITY UPDATE ULM FACILITY UPDATE WVR NIKOLA Coolidge Facility Phase 0.5 Exterior PIG PEN NAPSAMT3830x2 PN- wwwwww ***** CAUTION AUTOMATIC VEHICLE 01 M NIKOLA IDING & &8 1024 CAUTION AUTOMATIC VEHICLE NO RONG Nikola Tre BEV Frame on AGV in Phase 0.5 of Coolidge 01 DEALER NETWORK Q2 2021 RESULTS Q3 & FY 2021 OUTLOOK APPENDIX

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