Lotus Cars SPAC Presentation Deck

AN INTEGRATED GLOBAL PLATFORM î LOTUS CARS UK-BASED SPORTS CAR HERITAGE ENGINEERING EXCELLENCE ACQUIRED BY GEELY (51%) IN 2017 Source: Company information, Lotus management estimates Note: 4 CORE REGIONS¹ 3 + 3 3 EXISTING MODELS + 3 DEVELOPING MODELS² 1. Europe (including UK), China, U.S. and ROW (including Middle East) 2. New car roll outs are all BEV models beginning in 2022; expect to achieve 100% BEV product portfolio by 2027 BORN BRITISH, RAISED GLOBALLY LOTUS 100% BEV PORTFOLIO² ~240K CARS EXPECTED TO BE SOLD BY 2025³ LOTUS TECHNOLOGY NEW LIFESTYLE BEV-FOCUSED PLATFORM GLOBAL SALES AND DISTRIBUTION FOUNDED IN 2021 AS PART OF "VISION80" 3. Includes (i) historical car sales of Lotus UK since 1948 and (ii) sales of Lotus expected -140k in 2023-2025, in each case, following the completion of the buildup of the global sales and distribution platform (the "Global Commercial Platform") pursuant to the Distribution Agreement (the "Master Distribution Agreement") that has been entered into in connection with the business combination, under which a subsidiary of Lotus Tech is appointed as the global exclusive distributor of Lotus UK for all Lotus branded cars in all geographic markets (except for the U.S.) 13 LOTUSTECH

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