Embark Investor Presentation Deck

EMBARK BY THE NUMBERS 2022E Guidance 1) 2) Cash $244.5M Q1 Cash Balance $19.9M Q1 Free Cash Flow Spend (1) EMBARK $125-140M 2022E Free Cash Flow Spend (1) As defined in non-GAAP reconciliations on slide 15. Employee count includes 8 contractors, 4 in R&D and 4 in G&A. $70 - $75M 2022E Stock-Based Compensation Expense Employees 312 Employees (2) 246 R&D Employees (2) Q1 '22 $18.4M Q1 Net Operating Loss $23.1M Q1 Adjusted EBITDA Loss 9

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