Embark Investor Presentation Deck

NON-GAAP RECONCILIATION: FREE CASH FLOW SPEND Embark Technology, Inc. Free Cash Flow (in thousands) (unaudited) Net cash used in operating activities (GAAP) Capital expenditures Free cash flow (Non GAAP) EMBARK Three Months Ended 12/31/2021 3/31/2022 $ (18,225) (1,717) $ (19,942) $ (33,191) (973) $ (34,164) • 15

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