REE SPAC Presentation Deck

REE's Cornerstone Solution ¹ Horizontal player for maximum addressable market RBE Traditional Tier 1 Broader Supply Chain RBE Powertrain Suspension Drivetrain Steering Control Chassis Battery Power Electronics Thermal Management Body Seating Dashboard Air Bags Infotainment Headlights Connectivity Distribution channels Aftermarket Service+ Confidential and Proprietary Information (1) (2) New BEV OEM Class 1 New FCEV OEM Class 7 Large new BEV OEM Class 2 Truck Class 3 CV TESLA Class 2 PV, CV, Truck Based on publicly available information, based on US classification See slide: Unique Technology & Go-To-Market Strategy Relative to New Mobility Players GM Ford Class 1 - 7 PV, CV, Truck Only fully horizontal player² The largest addressable market Unified and complete full system solution Can collaborate with a variety of market players ● ● 11

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