#1ΑΓΓΙVAL ARRIVAL Q2 2021 FINANCIAL RESULTS Q2 2021 / ARRIVAL *#2SPEAKERS Arrival Management Team Today's Speakers Denis Sverdlov CEO Avinash Rugoobur President Mike Ableson CEO Automotive Q2 2021 / ARRIVAL Tim Holbrow Interim CFO#3Disclaimer: Safe Harbour statement Certain statements made on this call today are forward-looking statements. These statements are subject to various risks and uncertainties, and reflect our current expectations based on our beliefs, assumptions and the information currently available to us. Although we believe these expectations are reasonable, we undertake no obligation to revise any statements to reflect changes that occur after this call. Descriptions of these factors and other risks that could cause actual results to differ materially from these forward-looking statements are discussed in more detail in our filings with the SEC. During the call, we also refer to certain non-IFRS financial measures. These should be considered in addition to and not as a substitute for or in isolation from our IFRS results. For further information please refer to our investor relations website at investors.arrival.com Q2 2021 / ARRIVAL#4Q2 WAS Q2 2021 / ARRIVAL GREAT FOR US#5Increased number of vehicles inside LOIS by 4 times during the first half of this year, we received 2 new orders and we have strong interest for new microfactories all around the world. SOURCE: COMPANY ESTIMATES AS OF AUGUST 2021 - LOIS INCLUDE UPS OPTION FOR ADDITIONAL 10K VEHICLES AND LEASEPLAN PARTNERSHIP WHICH IS SUBJECT TO COMPLETION OF FINAL DOCUMENTATION EXPECTED IN Q3 2021. ALL REFERENCES TO ORDERS AND LOIS ARE NON-BINDING AND SUBJECT TO CANCELLATION AND MODIFICATION AT ANY TIME Q2 2021 / ARRIVAL#6Sales, Microfactories, Procurement are all on track Q2 2021 / ARRIVAL#7Our Bicester factory has produced more than 500 composite body panels Q2 2021 / ARRIVAL#8Q2 2021 / ARRIVAL "The future of the auto industry is electric. There's no turning back." @PRESIDENTBIDEN#9We are on a mission to have clean air by replacing all vehicles to electric produced by local Microfactories Q2 2021 / ARRIVAL#10Best in Class Electric Vehicles (we call them Devices on Wheels), they will have competitive prices, with up to 50% lower cost of operations Q2 2021 / ARRIVAL#11Radical New Method to design and produce electric vehicles using Microfactories allows us to avoid stamping, welding and paintshop Q2 2021 / ARRIVAL#12Microfactories are Rapidly Scalable and Low Capex Q2 2021 / ARRIVAL#13High Margin Business enabled by hardware, software and next generation robotics making us one of the largest and fastest growing EV companies globally Q2 2021 / ARRIVAL#14WELCOMING Q2 2021 / ARRIVAL LEASEPLAN AND ANAHEIM#15Secured a $2 million grant to replace five of their buses with Arrival's zero-emission battery electric buses Q2 2021 / ARRIVAL#16LOIS LOI's diversified regionally and by vehicle type ARRIVAL VAN AND BUS [COMBINED LOIS BY REGION] AMERICAS 43% INDIA 14% EUROPE 43% ARRIVAL LOIS [BY VEHICLE TYPE] BUS 18% VAN 82% SOURCE: COMPANY ESTIMATES AS OF AUGUST 2021 - LOIS INCLUDE UPS OPTION FOR ADDITIONAL 10K VEHICLES AND LEASEPLAN PARTNERSHIP WHICH IS SUBJECT TO COMPLETION OF FINAL DOCUMENTATION EXPECTED IN Q3 2021. ALL REFERENCES TO ORDERS AND LOIS ARE NON-BINDING AND SUBJECT TO CANCELLATION AND MODIFICATION AT ANY TIME Q2 2021 / ARRIVAL#17Q2 2021 / ARRIVAL Opening an R&D centre in India to meet demand#18Historic US Bipartisan Infrastructure Funding bill that earmarks tens of billions of dollars over the next 5 years for electrification Q2 2021 / ARRIVAL#19CUSTOMERS AND PARTNERS PARTNERS Microsoft HITACHI ST Q2 2021 / ARRIVAL Ambarella™#20ROCK HILL MICROFACTORY Each Arrival job at Rock Hill will create up to 1.2 further jobs for the local economy 500+ NEW JOBS TO THE LOCAL ECONOMY [DIRECT AND INDIRECT EMPLOYMENT] 0.60% GDP UPLIFT [$64MN PER ANNUM] $159M ANNUAL ECONOMIC IMPACT [FROM EACH ARRIVAL MICROFACTORY] ECONOMIC IMPACT CALCULATED USING IMPLAM INPUT/OUTPUT METHODOLOGY USING COMPARISON WITH AUTOMOTIVE MANUFACTURERS ASSUMPTIONS: 240 DIRECT JOBS FROM ARRIVAL FACTORY FURTHER 275 INDIRECT (SUPPLIERS AVG SALARIES FOR THESE ROLES HAVE BEEN APPLIED USING A REGIONAL BENCHMARK CALCULATED LOCAL GDP = $10BN USD SOURCE: CHARLOTTE REGIONAL BUSINESS ALLIANCE MAINTENANCE) ROLES AND INDUCED JOBS (SERVICES) Q2 2021 / ARRIVAL#21Q2 2021 / ARRIVAL We have provided a detailed roadmap for the Bus and Van which are our two core near term vehicle platforms#22PRODUCTION MILESTONES BUS MILESTONES 1 Trial bus production (UK) Q4 2021 2 Proving ground trials Q4 2021 3 Rock Hill equipment installation complete Q4 2021 4 Certification and public road trials Q1 2022 5 Rock Hill buses SOP Q2 2022 Q2 2021 / ARRIVAL#23PRODUCTION MILESTONES VAN MILESTONES 1 Public road trials Q1 2022 2 Final prototype van build a4 2021 Q1 2022 3 Bicester equipment installation complete a1 2022 4 Full product certification Q2 2022 5 Bicester vans SOP Q3 2022 - Q2 2021 / ARRIVAL#24VAN VARIANTS H3L3 (O) H3L4 H2L2 (0) (O) H2L3 () Q2 2021 / ARRIVAL O#25MICROFACTORIES Microfactories ROCK HILL, SC BUS MICROFACTORY MORE THAN 80% OF PRODUCTION EQUIPMENT ORDERED OR DELIVERED [INSTALLATION COMPLETION BY Q4 20211 BICESTER, U.K. VAN MICROFACTORY MORE THAN 75% OF PRODUCTION EQUIPMENT ORDERED OR DELIVERED [INSTALLATION COMPLETION IN Q1 2022] LESS THAN $50M EQUIPMENT CAPEX PER MICROFACTORY Q2 2021 / ARRIVAL#26CHARLOTTE, SOUTH CAROLINA CHARLOTTE VAN MICROFACTORY Building completion Q3 2021 Equipment orders Q1 2022 Van SOP Q4 2022 Q2 2021 / ARRIVAL#27BATTERIES 1.432 HIGH-VOLTAGE BATTERY MODULES BUILT USING OUR PRODUCTION PROCESS Q2 2021 / ARRIVAL#28FINANCIALS (€29M) Q2 2021 EBITDA LOSS (€12M) Q2 2021 / ARRIVAL Q2 2020 EBITDA LOSS#29FINANCIALS (€35M) Q2 2021 ADJUSTED EBITDA LOSS [BROADLY REPRESENTATIVE OF Q3 AND Q4 2021 RUN-RATE] (€12M) Q2 2021 / ARRIVAL Q2 2020 ADJUSTED EBITDA LOSS#30FINANCIALS €65M Q2 2021 CAPEX Q2 2021 / ARRIVAL#31FINANCIALS €106M H1 2021 CAPEX €175-225M Q2 2021 / ARRIVAL H2 2021 CAPEX [GUIDANCE]#32FINANCIALS €445M CASH AND EQUIVALENTS 30 JUNE, 2021 €516M Q2 2021 / ARRIVAL MARCH 31, 2021 BALANCE#33Q2 Summary GOVERNMENT SUPPORT Governments are pushing EV transition and local production, supporting our New Method of using Microfactories to produce locally GLOBAL MOMENTUM We have strong momentum in LOls worldwide MARKET OPPORTUNITY Based on sales conversations requesting new variants, we have seen the potential to capture a greater market opportunity Q2 2021 / ARRIVAL#34Why Arrival is different OUR HISTORY We have been operating since 2015 and largely self-funded OUR SCALE We already have over 2,200 employees building multiple vehicle platforms OUR NEW METHOD Agile manufacturing with the ability to scale rapidly OUR IP 200+ innovations offering a high level of vertical integration OUR PARTNERSHIPS Q2 2021 / ARRIVAL Strong eco-system together with several blue-chip organisations OUR CUSTOMERS Strong pipeline with Orders + LOIs c.59k