Investor Presentaiton

Advancing Manufacturing Readiness Ahead of 2023 Production Successful completion of core robotic assembly based on cloud infrastructure Robotic line to be installed at EU Integration Center in 2H 2022 and replicated to Austin, Texas, Integration Center in 2023 Modular cells capable of assembling multiple REEcorner TM designs CapEx light manufacturing approach based on modular integration centers using Tier- 1s excess capacity Initial capacity of 10,000 vehicle sets by year end to double by 2023 R3E ASSA ABLOY 14

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