Arrival Results Presentation Deck

Q4 2022 Update - March 2023 Cash management is at the forefront of our business plan: -$205M cash on hand at the end of 2022 Received a capital commitment of $50M from Antara in new equity Will reduce debt by $121.9M through a debt-to-equity transaction with Antara Announcing a $300M equity financing line with Westwood Capital We continue to reduce costs across the business, including a 50% headcount reduction Therefore, we believe we have the liquidity foundation to run the business into late 2023 *

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