Xos SPAC Presentation Deck

NextGen Acquisition Corporation GF XOS Xos and NextGen Leadership Team George Mattson - Co-Chairman ● Former Partner and Co-Head of the Global Industrials Group, Goldman Sachs. o Formed the group which covers approximately 1,000 companies clients across 7 sectors. o Included automotive and transportation sectors, clients included UPS, GM, and Caterpillar. ● Director of Delta Air Lines, Virgin Galactic Holdings, Air France-KLM, and NextGen Acq. Corp. Greg Summe - Co-Chairman Former Chairman and CEO of PerkinElmer. ● Former Vice Chairman of Global Buyout at the Carlyle Group. ● ● Founder and Managing Partner of Glen Capital Partners. ● Director of NXP Semiconductor, State Street, Avantor, and NextGen Acq. Corp. Dakota Semler - CEO, Co-Founder ● Nearly a decade of fleet management and ownership experience. ● Managed fleet operations for multiple fleets ranging from Class 2 light-duty vehicles to Class 8 short haul vehicles. ● Oversees Xos business development and manufacturing. Rob Ferber - CTO ● A leading EV expert, Rob was on the Tesla founding team, was an early investor and employee at AC Propulsion, and held engineering leadership positions at companies such as Virgin Hyperloop One. ● Leads Xos' technology and engineering functions including battery engineering and vehicle engineering. Goldman Sachs ● IBM & PerkinElmer A DELTA AIRFRANCE KLM GROUP 20 Navantor Allied Signal NXP THE CARLYLE GROUP STATE STREET Giordano Sordoni - COO, Co-Founder ● Prior to Xos, Gio oversaw operations of multiple fleets ranging from Class 2 through 6 medium-duty shuttle and delivery vehicles. Leads Xos' business operations including customer engagement, process optimization and performance tracking. Kingsley Afemikhe - CFO ● Worked in investment banking at UBS and Deutsche Bank, and was subsequently Group Head of Strategy and M&A at MET Group. ● Leads Xos' financial functions including financial controls, strategy, financing planning and risk management. Confidential and Privileged, Property of Xos, Inc. 4

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