REE SPAC Presentation Deck

E REE INSIDE REEcorner The cornerstone of next generation electric mobility ||||| ||||| Modularity Modular vehicle architecture (supports a wide variety of size, weight and bodies) Power source agnostic (BEV or FCEV) In house development of single wheel X-by-wire technology (SBW, BBW, DBW) Low center of gravity, smaller footprint and more space¹ - Serviceability Superior total cost of ownership (TCO)² Minimal downtime with quick REEcorner replacements Upgradeable via OTA (over the air) - Smart Corners Advanced data collection and analytics Preventative maintenance Al Autonomous-ready Fail operational, full redundancy without a single point of failure Meets Zero-Emission Regulations RBE Confidential and Proprietary Information (1) (2) Based on current REE design and REE internal research team See slide: Superior Total Cost of Ownership 8

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