Aeva SPAC Presentation Deck

Operational Benchmarking CY2019A-CY2022E Revenue CAGR 192% ALVA 2022-2025 63% AEVA 2025 1 I 39% CY2019A-CY2022E Average Gross Margin ALVA 2025 I I Median: 14% 24% I NVIDIA Median: 67% 69% XXILINX 4% XXILINX CY2019A-CY2022E Average EBITDA Margin 45% 65% Median: 38% NVIDIA. NVIDIA 31% XXILINX Overall Median: 16% Overall Median: 67% Overall Median: 38% 51% EM MOBILEVE 2014-2017¹ 75% Median: 30% 51% MOBILEVE 2014-2017¹ -8% Median: 68% Ambarella MOBILEVE 2014-2017¹ 60% Ambarella Median: 27% 3% Ambarella 'Mobileye financials dated to pre-announcement unaffected date of March 10, 2017, 2 Luminar investor presentation as of September 30, 2020: Velodyne investor presentation as of July 1, 2020. Sources: Factset, Capital IQ as of October 30, 2020, Company filings 187% Median: 126% LUMINAR 2022-20252 64% 44% LUMINAR 2025² 65% Median: 61% Velodyne 2021-2024² LUMINAR 20252 58% Velodyne 2024² Median: 33% --22% Velodyne 2024² Computing Platforms Vision Based AEVA 31% TESLA 21% TESLA 17% TESLA Traditional LiDAR Disruptive Autotech 32

View entire presentation