Lion Electric Investor Presentation Deck slide image

Lion Electric Investor Presentation Deck

Long-Term Purchase Agreement with Amazon COMMERCIAL CONTRACT HIGHLIGHTS Multi-year purchase agreement for the purchase of up to 2,500 Lion6 and Lion8 trucks at Amazon's discretion 14 ■ Agreement executed in June 2020 Lion to reserve necessary manufacturing capacity to deliver up to 500 trucks per year until 2025 and 10% of manufacturing capacity from 2026 to 2030 Lion committed to provide ongoing maintenance and training assistance ■ ■ Amazon equity warrant Potential to obtain up to 15.8% ownership stake in Lion(¹1) ■ ■ EQUITY WARRANT HIGHLIGHTS 1. Full vesting requires spending at least $1.1 billion on Lion products (3% already vested (1)) Warrant exercise price of $5.66 8-year vesting period, starting June 2020 Ⓒ100% Electric Based on the numbers of common shares issued and outstanding as of March 31, 2021, on a partially diluted basis. delea hiperent Zar amazon 100% 2 prime Agreement in place for the supply of up to 2,500 all-electric urban trucks over 5 years LION ELECTRIC
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