Nikola Results Presentation Deck

1 2 // PAGE V1OXIN TA COLLABORATION (1) ● ● ● TravelCenters of America (TA) is a leading truck stop operator, with 300 full-service locations across the US N NIKOLA AND TA ANNOUNCE COLLABORATION FOR H₂ FUELING INFRASTRUCTURE Collaboration includes implementation of two initial launch stations at existing TA locations in California TA TravelCenters of America Each station provides the opportunity to expand to 8 tons of H₂ dispensing per day ● POTENTIAL COLLABORATION ON AB NETWORK OPTIONAL PHASE II: ANHEUSER-BUSCH LOCATIONS AB InBev has 12 breweries and 6 distribution centers located across the US ● Nikola anticipates developing a hydrogen station near each brewery location to provide access to each distribution center Additional stations may be developed at certain distribution centers depending on the roundtrip length of the lane 1) Subject to entry into definitive agreement TRUCK UPDATES ULM FACILITY UPDATE COOLIDGE FACILITY UPDATE RIG360 OGE Nikola's collaboration with TA is a first step in building out the nation's first hydrogen fueling network 1-10 Freeway PHOENIX, AZ (NIKOLA HQ) Illustrative Station Coverage Area ΤΑ Q1 2021 RESULTS Q2 & FY 2021 OUTLOOK APPENDIX I

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