Arrival SPAC Presentation Deck

ARRIVAL Arrival partners Commercial and strategic validation of Arrival's new method Partnership Description COMMERCIAL ups INVESTOR PRESENTATION Orders worth $1.2 Billion¹ for 10,000 units plus option for an additional 10,000 Investment and strategic cooperation Delivery of prototypes starts in 2020 Long standing trial partnership since 2016 UPS and Arrival have created purpose-built vehicles based on UPS requirements - a first for UPS Leading global logistics operator with 5.2B deliveries p.a. Automotive fleet size of ~120k vehicles Daily global delivery volume of 21.9 Million Aiming for 25% of total vehicles purchased annually to be alternate fuel Sources: Company filings, website, fact sheet and estimates. https://pressroom.ups.com/pressroom/Content Details Viewer.page?ConceptType=FactSheets&id=1426321563187-193. https://insideevs.com/news/386308/hyundai-strategy-2025/. 1) Includes upside from priority access to purchase additional vehicles. STRATEGIC ||||| HYUNDAI KIA KIA MOTORS Investment of €100 Million and business collaboration agreement Joint development of vehicles using Arrival platform Leverage Arrival Microfactories and software innovation Benefit from the OEM's global footprint and economies of scale Future potential for licensing and ongoing vehicle updates Hyundai Motors Group is one of the largest global OEMs Brands include Hyundai Motor and Kia Motors Target sales of 670,000 BEVs and FCEVS annually by 2025 Want to become top three EV manufacturer by 2025 CONFIDENTIAL - ARRIVAL SARL

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