Aeva Results Presentation Deck

AEVA Third Quarter 2023 Summary Highlights Revenue driven by continued deployment of Aeries II Strong cash, cash equivalents and marketable securities position of $233.7M as of September 30, 2023 Weighted average shares outstanding of 222.8M in Q3 © 2023 Aeva, Inc. Revenue Non-GAAP Operating Loss¹ Gross Cash Use (operating cash flow less capex)² Q3 2023 $0.8M ($30.3) M ($29.1)M ¹Non-GAAP operating loss of $30.3M in Q3 2023 excludes stock-based compensation of $5.1M 2Capital expenditures were $1.0M in Q3 2023 11

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