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Investor Presentaiton

This transaction is intended to fund to launch of commercial operations Round timing and size Raising $830M of total gross proceeds ($450M in PIPE Investments, and may have access to up to ~$380M currently held in Qell trust - subject to Qell investors' right of redemption) Business combination expected to close in mid Q3-2021 Use of proceeds Finalize German factory for serial production - Launch serial production aircraft - Complete Type Certification process Production & engineering capex ~$200M, 25% Go-to-market ~$100M, 12.5% - Launch global revenue generating business. Talent & Infrastructure ~$500M, 62.5% Source: Lilium business plan. Management estimates. Note: The process to get to entry into service might be delayed, require more funds as expected and is subject to various risks of unexpected developments. Lilium Analyst Presentation 2021 47
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