Embark Results Presentation Deck

NON-GAAP RECONCILIATION: FREE CASH FLOW SPEND Embark Technology, Inc. Free Cash Flow (in thousands) (unaudited) Net cash used in operating activities (GAAP) Capital expenditures including truck deposits, net of returns and proceeds from sale Free cash flow (Non GAAP) EMBARK 9/30/2022 $ (26,004) (3,399) $ (29,403) Three Months Ended 6/30/2022 $ (22,041) (2,686) $ (24,727) 3/31/2022 $ (18,225) (1,717) $ (19,942) 12/31/2021 $ (33,191) (973) $ (34,164) • 15

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