Arrival Results Presentation Deck

Reconfirmed outlook for 2022 Continue to expect Van production to begin in Bicester in Q3 and in Charlotte in Q4 and expect to produce 400-600 vans in 2022 - Expect adjusted EBITDA loss of $185-225 million and Capex of $380-420 million for 2022. This range assumes $225m of capitalised R&D, $100m of Microfactory Capex and $75m of tooling at the midpoint Cash on hand to achieve SOP with end 2022 target of $150m-250m - Continue to see increases in costs due to inflation SOURCE: ARRIVAL FINANCIALS

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