Lion Electric Investor Event Presentation Deck

Cell FORM FACTOR 23 Pouch cell + ■ ■ Lithium lon Polymer LG Chem Optimized thermal management Purpose built form factor without compromises No generic form factor CHEMISTRY Prismatic cell + ■ ■ I Easy cell assembly into module Volumetric energy density More complicated to extract heat No generic form factor Cost NCA Lithium Nickel Cobalt Aluminum - Less available NMC = Lithium Nickel Maganese Cobalt - more available/higher energy density LFP = Lithium Iron Phosphate - less energy density Cylindrical cell + ■ 300 ON ■ 21706- ■ Generic form factor (cost and flexibility) SAN Cell with the latest technology Built-in safety and easy to contain thermal event Volumetric density not optimized Our next generation of battery will use 21700 cylindrical cells LION ELECTRIC

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