REE SPAC Presentation Deck

Robust Revenue Growth¹,2 ● $19Bn+ total cumulative revenue by 2026 Signed MOUs represent $5.1Bn of total cumulative revenue by 2026, or 27% of total cumulative revenue - $14.0Bn in Advanced Pipeline stage by 2026 Partners include leaders in EV and autonomous driving across Automotive, Logistics, and Mobility / Technology Additional early-stage customers represent significant upside potential Active Projects Highlights Segment Autonomous Delivery Light Commercial Vehicles Delivery Vans and Trucks Mid Duty Commercial Vehicles Mobility as a Service (MaaS) Total Number of Projects RBE Confidential and Proprietary Information (1) 3 5 (2) 2 16 3 Total Pipeline Revenue by Segments ($ in Billions) Autonomous Delivery Light Commercial Vehicles Delivery Vans and Trucks Mid Duty Commercial Vehicles Mobility as a Service (MaaS) Mobility as a Service (MaaS) 10% Cumulative 2021E - 2026E Revenue by Segments Mid Duty Commercial Vehicles 18% 0.3 Delivery Vans and Trucks 29% 2023 Total: $19.1Bn 15% 2.7 Autonomous Delivery Light Commercial Vehicles 27% 2024 5.7 2025 Cumulative 2021E - 2026E Revenue By Stage Advanced Pipeline $14.0Bn / 73% Total: $19.1Bn MOUS may be modified or canceled pursuant to their terms. The Advanced Pipeline reflects initial revenue indications from potential customers and not contractual commitments. Actual sales may differ materially from projected volume These projections are for illustrative purposes only and should not be relied upon as being necessarily indicative of future results 10.4 2026 Signed MOUS $5.1Bn / 27% 34

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